OAR acquires two uranium prospects in Namibia

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the... 

IonicRE, Viridis to form JV to advance rare earth prospects in Brazil

ASX-listed companies Ionic Rare Earths (IonicRE) and Viridis Mining and Minerals are to form a 50:50 joint venture (JV) company to advance rare earth separation business prospects in Brazil. The JV... 

Policy uncertainty edging further into negative territory ahead of elections, report shows

The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded... 

Paladin achieves commercial production at Langer Heinrich

ASX-listed uranium producer Paladin Energy has achieved uranium concentrate production and drumming at the Langer Heinrich Mine (LHM), in Namibia, as of March 30. The company said in a statement on... 

Local gas supplies not likely to come on stream in time for South Africa to avoid a ‘gas cliff’

Although gas is widely regarded as a necessary part of South Africa’s future energy mix, Presidential Climate Commission (PCC) head of mitigation Steve Nicholls is not convinced that a reliable... 

Renergen’s helium plant integration nearly complete

Gas producer Renergen is approaching the final stages of its helium system integration, which will mark a significant step forward in its operations, making South Africa one of only eight countries... 

Ironveld ramp-up slower than expected

Although high-purity iron, vanadium and titanium producer Ironveld marked the first sales of metal products, including high-purity iron and titanium slag, from its Rustenburg smelter to local... 

Kropz records $5.7m loss for 2023 as Elandsfontein ramps up

As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. The company said on March 28 that... 

Jubilee, Abu Dhabi company to form JV for Zambia waste rock project

Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for... 

Exploration starts at Larisoro manganese mine

Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site... 

Chicken industry needs no tariff rebates because there is no shortage, Sapa stresses

Executives from the South African Poultry Association (Sapa) met with Trade, Industry and Competition Minister Ebrahim Patel last week to discuss, among other matters, tariff rebates on chicken... 

Kropz secures R170m loan facility

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 

PPC’s Zimbabwe business flourishes while South African, Botswana businesses flounder

Revenue growth in cement producer PPC’s South Africa and Botswana cement businesses was driven by price increases during the ten months ended January 31, positively offsetting the declining sales... 

JDA looking for new contractor to finish Watt Street Precinct project

The City of Johannesburg’s infrastructure arm the Johannesburg Development Agency (JDA) has started the procurement process for a new contractor for the Watt Street Public Environment (PEU)... 

Redpath acquires RUC

Contract mining company Redpath Mining subsidiary Redpath (Australia) Holdings has signed a share purchase agreement to acquire fellow contract miner RUC Mining Contractors. Pending regulatory... 

Kodal on track to produce lithium at Bougouni in the fourth quarter

Mineral exploration and development company Kodal Minerals has said its Bougouni lithium project, in southern Mali, is on track to begin production in the fourth quarter, following the achievement... 

Caracal raising £780 000

Gold producer Caracal Gold is raising £780 000 by way of a subscription through the issue of 260-million new ordinary shares of £0.001 in the company at a price of £0.003 a share. The funds of the... 

Tanzania awards mining licence for Strandline’s Tajiri mineral sands project

The Tanzanian government has granted a special mining licence (SML) for the Tajiri minerals sands project, paving the way for emerging critical minerals producer Strandline Resources to progress... 

Kinetiko’s deepest core hole to date reveals promising results

ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating... 

Joburg’s climate action plan to create more than 400 000 jobs – Gwamanda

Investment into climate mitigating strategies, as outlined in the City of Johannesburg’s Climate Action Plan (CAP), could create as many as 340 000 jobs, while investment into climate adaptation... 

Calidus raises A$16.5m through share placement

ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an... 

Kore raises $530 000 through convertible loan note issue

Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in... 

SQM supports water treatment startup with initial $1.27m investment

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 

SQM supports water treatment startup with initial $1.27m investment

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 

Chieta announces new green hydrogen qualifications, skills programmes

The Chemical Industries Training and Education Authority (Chieta) will be registering new qualifications on green hydrogen and offering specialised skills programmes relevant to growing the green... 

Competition Commission to tackle economic concentration by large companies, Ramaphosa promises

Government will be setting a target for the Competition Commission to undertake market inquiries in more strategic sectors of the economy over the next few years to address high levels of economic... 

South Africa needs more black billionaires – Matona

Broad-Based Black Economic Empowerment Commissioner Tshediso Matona has said it is necessary to “dispel the myth” that black industrialist multimillionaires or billionaires should not exist because... 

IonicRE successfully produces high-purity terbium oxide in Belfast plant

ASX-listed Ionic Rare Earths (IonicRE) has announced the successful separation and first production of high-purity terbium oxide (Tb4O7) at its wholly-owned subsidiary Belfast plant, marking a... 

Katoro to cease all investment in Blyvoor, Namibian Iron Ore

Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities,... 

64 companies to pledge to procure from black industrialists, says Patel

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 

Sungrow launches new three-phase battery/inverter system in South Africa

Solar power solutions company Sungrow has unveiled its three-phase inverter and battery energy solution in South Africa, featuring several new inverter models and battery options suited for both... 

Madison to pursue traditional funding avenues after lacklustre uranium tokenisation results

Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy... 

Local gas supplies not likely to come on stream in time for South Africa to avoid a 'gas cliff'

Although gas is widely regarded as a necessary part of South Africa’s future energy mix, Presidential Climate Commission (PCC) head of mitigation Steve Nicholls is not convinced that a reliable... 

Orion pleased with its interim performance

JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and... 

Burgundy renegotiates reclamation surety bonds payment schedule

ASX-listed Burgundy Diamond Mines (BDM), which operates the Ekati mine, in Canada, has secured an agreement in-principle with Canadian surety providers to extend the cash collateralisation schedule... 

Burgundy CEO believes his diamond company is undervalued

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 

Jupiter scoping study shows strong case for North America-based plant

ASX-listed Jupiter's newly released scoping study evaluating the opportunity to supply high-purity manganese sulphate monohydrate (HPMSM) to the electric vehicle (EV) battery market has yielded... 

Built Environment Indaba to address substandard project delivery, other challenges

Poor-quality projects, site invasions and inadequate transformation are some of the key issues that will be addressed at the inaugural Built Environment Indaba, which will be held at the Gallagher... 

Construction sector mafia targeting executives as well

The impact of the construction mafia is starting to be felt higher up the food chain, with Black Building Council in the Built Environment (BBCBE) president Danny Masimene noting that executives... 

Danson resigns as Sibanye director

Savannah Nonhlanhla Danson has resigned as nonexecutive director of mining and metals processing group Sibanye-Stillwater. She was a member of the company’s safety and health, remuneration, audit,...