Salungano to appeal dismissal of Keaton Energy business rescue application

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 

Southern Palladium advancing PFS for South Africa project

JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld... 

Thor Exploration acquires licences in Senegal

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 

GVK-Siya Zama welcomes commitment to tackle construction industry challenges

Confidence in the construction industry has been erratic since 2020, compelling several industry players to close, and those who remain are exposed to risk, vigilante action and skills shortages;... 

Study highlights predictability of wind power production

Wind and solar resource assessment consultancy Eoltech has released findings of a new study that aims to assess the variations of the global wind resource over the last 15 years, with the data... 

Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 

Unicorn to expand its exploration focus to Africa

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 

Gautrain Management Agency chief speaks on extension plans, service enhancements

The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these... 

Gautrain Management Agency chief speaks on extension plans, service enhancements

The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these... 

Human Settlements Minister outlines progress for 2023/24 year

The government has made progress on its Medium-Term Strategic Framework targets and, as it wraps up this administration, believes these numbers will continue to increase, Human Settlements Minister... 

Rainbow reiterates potential of South Africa, Brazil projects

Rainbow Rare Earths is bullish about the potential of its Phalaborwa rare earths project in South Africa, as it is expected to be the highest margin rare earth elements (REEs) project in... 

Caledonia’s 2023 full-year performance in line with expectations

Gold miner Caledonia Mining notes in its operating and financial results for the year ended December 31, 2023, that its performance was in line with both market expectations and production... 

Lotus appoints debt adviser for Kayelekera restart

ASX-listed Lotus Resources has appointed Orimco to arrange debt for its flagship Kayelekera uranium project, in Malawi, where the company intends to restart operations in late 2025. Lotus says it... 

Altona reports several achievements at Mozambique project

London-listed Altona Rare Earths recorded several achievements during the six months ended December 31, 2023, including its first Joint Ore Reserves Committee (Jorc) mineral resource estimate... 

Zimbabwean investment summit to be held in Johannesburg in May

Zimbabwe Minister of Finance, Economic Development and Investment Promotion Professor Mthuli Ncube and Zimbabwe Investment Development Agency CEO Tafadzwa Chinamo will host an investment summit at... 

Initial work shows potential of deposit at Morocco project

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 

Andrada increases tin production

Aim-listed Andrada Mining, with a portfolio of mining and exploration assets in Namibia, achieved a 60% year-on-year increase in ore processed to 915 599 t for the financial year ended February 29.... 

Kumba’s Sishen, Kolomela mines achieve IRMA 75 performance on responsible mining standard

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 

Sovereign initiates follow-up drilling at Malawi project

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 

Civil Confidence Index increases in first quarter, but business constraints persist

After registering a level of 41 in the fourth quarter of 2023, the FNB/Bureau for Economic Research (BER) Civil Confidence Index increased to 47 in the first quarter of this year, its best level... 

Brand value increases in mining, metals and minerals; BHP comes out top

This year, more than half of the brands in the ranking of the world’s most valuable and strongest mining, metals and minerals brands witnessed an increase in brand value, according to new data from... 

Standard Bank closes $300m sustainable capital loan with IFC

Finance institution Standard Bank has successfully closed a $300-million sustainable Tier 2 capital loan. The facility, concluded with the International Finance Corporation (IFC), marks another... 

Transnet Freight Rail’s North Corridor achieves weekly record

Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current... 

Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment

The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels.... 

Tharisa to undertake $5m share buyback programme

JSE- and LSE-listed platinum group metals (PGMs) and chrome miner Tharisa has appointed UK investment bank Peel Hunt to manage a $5-million share buyback programme on its behalf. The Tharisa board... 

Kefi progresses funding for Ethiopia project

Aim-listed Kefi Gold and Copper has achieved further positive developments at the its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year.... 

Mkango raises £750 000 to advance rare earth magnet recycling, launches strategic review

Aim-listed Mkango Resources has conditionally raised gross proceeds of £750 000 via a direct company subscription from existing shareholders, including a £150 000 investment by CEO William Dawes.... 

Kenmare secures new $200m facility

London-listed Kenmare Resources, operator of the Moma titanium minerals mine, in northern Mozambique, has secured a funding package to refinance a maturing revolving credit facility (RCF) and a... 

Optimum coal to be exported from Richards Bay terminal from next month

Richards Bay Coal Terminal (RBCT), Liberty Coal/Liberty Coal Terminal and the business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT) have reached an... 

Goldplat remains profitable despite South African headwinds

Aim-listed Goldplat, with gold recovery operations in South Africa and Ghana, continued to achieve profitable results for the six months ended December 31, 2023, despite some of the difficult... 

Botswana Diamonds achieves several positive developments in 2023

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 

Mining sector meets target to reduce TB levels to below national average

The South African mining industry has made significant inroads into addressing tuberculosis (TB) since 2017 and has met its ten-year target to reduce the incidence rate among mineworkers to below... 

aXedras chosen as service provider for LBMA’s Gold Bar Integrity Database

Independent precious metals authority the London Bullion Market Association (LBMA) has appointed independent information technology provider aXedras as the official service provider for its newly... 

Leo Lithium continues to engage Malian govt on Goulamina project issues

ASX-listed Leo Lithium and GFL International (Ganfeng) continue to engage with the Mali government in an attempt to resolve current issues relating to the Goulamina lithium project in the country.... 

Tormin mine exploring alternative water arrangements following damage to dam

Management at the Tormin mineral sands mine in South Africa, held by ASX-listed Mineral Commodities’ 50%-owned subsidiary Mineral Sands Resources (MSR), have reported that there has been damage to... 

Quantum Battery signs letter of intent to acquire Copper Coffer property

Battery metals mining company Quantum Battery Metals has signed a nonbinding letter of intent (LoI) to acquire the Copper Coffer property, in Newfoundland, Canada. The LoI details the proposed... 

Centamin achieves 25% y/y increase in Ebitda

Established gold miner Centamin achieved a 25% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation to $398-million for the year ended December 31, 2023,... 

Pepkor to list on A2X

Retailer Pepkor Holdings has been approved for a secondary listing on A2X Markets, with its shares to be available for trade on the exchange from April 2. Pepkor Holdings is listed on the JSE and... 

Sibanye suspends production at shaft in Rustenburg following damage to infrastructure

JSE- and NYSE-listed Sibanye-Stillwater has suspended production from its Siphumelele shaft, in Rustenburg, South Africa, after some surface infrastructure suffered damage on February 29. An ore... 

Sovereign despatches 30 t of ore from Malawi project to South Africa for test work

Aim- and ASX-listed Sovereign Metals’ spiral drilling programme has extracted, despatched and delivered 30 t of ore from the Kasiya rutile/graphite project in Malawi to Paterson & Cooke (P&C), in...