R/€ = 18.9394 Change: 0.0257
R/$ = 17.6593 Change: 0.1827
Au 1866.49 $/oz Change: -4.50
Pt $/oz Change:


Serious challenges face the South African junior coal mining sector

By: Rebecca Campbell     3rd February 2023 The major problems facing the junior and emerging coal mining sector in South Africa were finance, a dysfunctional regulator and logistical difficulties. These were highlighted in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Minerals Council Junior and... 

Strong operational performance delivers 6% y/y increase in De Beers' fourth-quarter output

By: Chanel de Bruyn     2nd February 2023 Diamond miner De Beers, a subsidiary of Anglo American, achieved a 6% year-on-year increase in rough diamond production to 8.2-million carats for the fourth quarter of 2022. The miner said this reflects a strong operational performance across its assets, but partially offset by the planned... 

NECOM outlines plan for adding and recovering 8 800 MW in 2023 

By: Terence Creamer     31st January 2023 Initiatives being coordinated under the aegis of the National Energy Crisis Committee (NECOM) will seek to add about 8 800 MW of capacity to the South Africa’s electricity supply during the course of 2023 in an effort to reduce the intensity of loadshedding, a senior official from the NECOM... 

Key players commit to Indaba

27th January 2023 Key government leaders and policymakers across the globe are signing up in their numbers ahead of the “world’s largest mining investment event”, Investing in African Mining Indaba, says event organiser Hyve Group. The Mining Indaba returns to Cape Town in February 2023 with an impressive speaker... 

Consistent policy crucial amid uncertainty

By: Nadine James     27th January 2023 In addition to increasing socioeconomic challenges and their knock-on effects worldwide, mining entities must also contend with a looming metals deficit, says Zambia Chamber of Mines CEO and engineer Sokwani Chilembo. “It’s been well known and widely forecast, even before the escalation of the... 

SANY Global in Africa: SANY Southern Africa

27th January 2023 SANY Southern Africa is a subsidiary of SANY Group, a high-end equipment manufacturer with research & design (R&D) centres and manufacturing bases in China, India, Germany, US, Brazil, and Indonesia.   Founded three decades ago, in Changsha, Hunan, China, SANY has become one of the largest... 

Torsa launches Johannesburg office as its gateway to Africa

By: Donna Slater     25th January 2023 Spanish mining technology company Torsa has launched its pan-African business hub in South Africa, with plans to “drastically” reduce mining incidents, and most importantly fatalities, in line with a memorandum of understanding (MoU) signed by President Cyril Ramaphosa and Spain’s President Pedro... 

Sandfire maintains FY production guidance

By: Mariaan Webb     24th January 2023 Australia-based Sandfire has maintained its production guidance for the 2023 financial year, despite expecting the Matsa mine, in Spain, to perform at the lower-end of its guidance range for the year. The group’s guidance for copper production is between 83 000 t to 91 000 t, while its target... 

Lifezone Metals appoints Gerick Mouton COO

By: Tasneem Bulbulia     23rd January 2023 Modern metals company Lifezone Holdings has appointed Gerick Mouton as COO. Mouton is a mechanical engineer and professional project manager with 25 years of experience in strategic mining and mineral processing development, capital raising, leadership, organisational establishment and execution... 

Tsodilo to raise C$440 000 for Botswana project

By: Tasneem Bulbulia     23rd January 2023 International diamond and metals exploration company Tsodilo Resources has negotiated a non-brokered private placement of 2.2-million units of the company, which will provide gross proceeds of C$440 188.20. Proceeds from the private placement will be used for the advancement of the Xaudum iron... 

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