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Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Manganese sample
Marula appoints young local professional as Larisoro mine manager
7th May 2024 By: Marleny Arnoldi

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 


Atlantic achieves positive drilling results at Ewoyaa target
7th May 2024 By: Sabrina Jardim

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana,... 


Glencore sells stake in Peru zinc miner Volcan
7th May 2024 By: Creamer Media Reporter

Swiss-headquartered Glencore has announced a definitive agreement to sell its stake in Volcan Compañia Minera to a subsidiary of Integra Capital. Transition Metals will pay Glencore $20-million... 


Avanti chairperson Sir Samuel Jonah
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
7th May 2024 By: Marleny Arnoldi

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 


Kefi progressing Ethiopian gold project towards launch
7th May 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


Gold Fields CEO Mike Fraser
South Deep gold output well down as Gold Fields implements recovery plan
7th May 2024 By: Martin Creamer

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable... 


Cosatu's logo on a window
South African unions urge Anglo shareholders to reject BHP bid
7th May 2024 By: Bloomberg

South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of... 


Panthera restructures ownership of Mali, Nigeria projects
7th May 2024 By: Tasneem Bulbulia

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 


An image of Bushveld CEO Craig Coltman
Bushveld to dispose of Vanchem asset to SPR, working capital advanced
7th May 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals has secured additional funding to provide immediate working capital relief and ensure continuity of its operations by entering into a binding term sheet with Southern... 


Ur-Energy gears up for Shirely Basin construction next year
7th May 2024 By: Mariaan Webb

Dual-listed uranium producer Ur-Energy is set to begin major construction activities for its Shirley Basin project in 2025, paving the way for production to start in the following year. The... 


South Star makes first graphite sale from Santa Cruz
7th May 2024 By: Creamer Media Reporter

TSX-V-listed South Star on Tuesday announced a binding sales agreement for the initial purchase of 100 t of graphite concentrate from the Santa Cruz mine, in Brazil. The material will be shipped... 


Kore Potash to list on the A2X
7th May 2024 By: Tasneem Bulbulia

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 


The Sishen iron-ore mine
BHP insists Anglo American's South African assets must go in any takeover, sources say
7th May 2024 By: Reuters

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


Silver Hammer pulls the plug on Shafter project purchase
Silver Hammer pulls the plug on Shafter project purchase
7th May 2024 By: Creamer Media Reporter

Junior resources company Silver Hammer Mining has called off its definitive share purchase agreement with Aurcana Silver concerning the Shafter deposit, in Texas. Silver Hammer CEO Peter Ball said... 


Savanna reports passing of former CEO David Archer
7th May 2024 By: Creamer Media Reporter

London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of... 


Patriot discovers new high-grade zone
7th May 2024 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite following the recently completed winter drill programme at Corvette, in... 


Develop MD Bill Beament
Develop considers two pathways for Pioneer Dome lithium project
7th May 2024 By: Mariaan Webb

ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both... 


St Barbara harnesses AI to boost production at Simberi mine
St Barbara harnesses AI to boost production at Simberi mine
7th May 2024 By: Mariaan Webb

Australian mining company St Barbara is set to increase its production at the Simberi mine over the next three years, following the successful use of artificial intelligence- (AI-) based algorithms... 


20MW solar array at the Bellevue gold project
Bellevue accelerates next leg of growth strategy
7th May 2024 By: Creamer Media Reporter

Western Australian miner Bellevue Gold has initiated expansion studies at its namesake gold project, in Western Australia, following the successful commissioning and ramp-up of the new mine.... 


Nickel 28 fires founders on ‘serious misconduct’ that they deny
7th May 2024 By: Bloomberg

Nickel 28 Capital said it has fired its founders, including CEO Anthony Milewski, after an investigation uncovered “serious misconduct” — claims the ousted management team says are untrue and part... 


Arrow’s Simandou North drilling off to a promising start
Arrow’s Simandou North drilling off to a promising start
7th May 2024 By: Mariaan Webb

Australian junior Arrow Minerals as hit the ground running at its Simandou North deposit, in Guinea, uncovering high-grade mineralisation in the area during the initial stages of drilling. The... 


Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


Analysts say Jose Raul Mulino's victory is a good outcome for First Quantum.
First Quantum to seek talks with Panama’s Mulino on closed mine
7th May 2024 By: Bloomberg

First Quantum Minerals will seek talks with Panama’s incoming president in an effort to resolve the dispute that shuttered the Cobre Panama copper mine. President-elect Jose Raul Mulino, seen as... 


A leadership battle is brewing at deep sea mining’s regulatory body
7th May 2024 By: Bloomberg

The secretary-general of the International Seabed Authority is set to run for a third term leading the United Nations-affiliated organization that regulates deep sea mining, as control of mineral... 


Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
6th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
6th May 2024 By: Reuters

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


Eastplats reports record revenue for 2023 financial year
6th May 2024 By: Creamer Media Reporter

JSE- and TSX-V-listed Eastern Platinum (Eastplats) has reported net income attributable to shareholders of $13.8-million for the 2023 financial year, compared with a loss of $900 000 for the 2022... 


Sibanye appoints Peter Hancock as nonexec director
6th May 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Peter Hancock as independent nonexecutive director, with effect from May 6. Hancock is a mining industry executive... 


Walkabout warns of short-term impact on Tanzania exports following cyclone
6th May 2024 By: Creamer Media Reporter

ASX-listed Walkabout Resources says its Lindi Jumbo graphite mine, in Tanzania, was only mildly impacted on by heavy rains and a brief power interruption as a result of cyclone Hidaya, which passed... 


Theta raises $10m
6th May 2024 By: Creamer Media Reporter

ASX-listed Theta Gold Mines, which owns gold assets in South Africa, has received a firm commitment from Hong Kong Ruihua Investment Management to invest $10-million in the company through a share... 


Growth in platinum jewellery demand continues in most key markets
6th May 2024 By: Sabrina Jardim

In its latest Platinum Jewellery Business Review (PJBR) for the fourth quarter of 2023,  marketing organisation Platinum Guild International (PGI) has reported that India’s jewellery market... 


Minister insists the recent period of no loadshedding is down to the improved performance of coal stations such as Matla (pictured)
Ramokgopa insists loadshedding not being ‘stage managed’ ahead of May 29 poll
6th May 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa denies that the prevailing reprieve from loadshedding has been “stage managed” to improve the prospects of the governing African National Congress ahead... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Gold edges higher as investors mull mixed US economic signals
6th May 2024 By: Bloomberg

Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation. The precious metal fell as much as... 


Renergen successfully producing liquid helium at Virginia project
6th May 2024 By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


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