Alexkor issues tender for West Coast diamond contract miners

State-owned diamond miner Alexkor, through its pooling and sharing joint venture (PSJV) with the Alexkor Richtersveld Mining Company (RMC), has issued an expression of interest for contract diamond... 

Implats issues RFI for renewable energy to be wheeled to its South African sites

Platinum group metals miner Impala Platinum (Implats) has issued a request for information (RFI) to buy an unspecified volume of electricity, through wheeling from renewable energy sources, for its... 

Petra reports 6% y/y rise in second yearly diamond tender sales

Diamond miner Petra Diamonds sold 447 276 ct of diamonds for $61.3-million during its second tender for the 2023 financial year. Sales were up 6% year-on-year as a result of the final closure date... 

Tirupati’s Madagascan projects continue at full pace following reorganisation

Specialist graphite and graphene company Tirupati Graphite reports that its Madagascar-based Vatomina preconcentrate plant continues to operate uninterrupted and at nameplate ore feed capacity of... 

AfriTin buoyed by exploration of Namibia licence ML133

Tin miner AfriTin Mining is progressing with exploration of mining licence ML133, located about 35 km south-east of the company’s Uis mine in Namibia, having found thus far 13 m of mineralisation... 

WGC members paid $57.1bn to host economies in 2021

World Gold Council (WGC) member companies directly contributed $57.1-billion to host economies in 2021, says the WGC’s ‘Social and Economic Contribution of Gold Mining’ report that was released... 

PTM settles debt, narrows full-year net loss

TSX- and NYSE-listed Platinum Group Metals (PTM) continued its efforts to lower costs, but nonetheless incurred a net loss of $8.24-million for the financial year ended August 31 – a 37%... 

Three South Africans shortlisted in Africa Prize for Engineering Innovation competition

A shortlist of 15 African entrepreneurs and their pioneering technologies – aimed at environmental rehabilitation, education and human health and safety – have been selected for the 2023 Africa... 

Jubilee achieves export-grade cobalt from Sable refinery

Aim- and Altx-listed metals processing company Jubilee’s Zambia-based Sable Refinery has successfully produced export-grade cobalt, enabling a ramp-up of operations. Sable has also successfully... 

Omnia sees further growth in targeted sectors, interim earnings up 30%

JSE-listed diversified chemicals producer Omnia grew its interim earnings before interest, taxes, depreciation and amortisation, excluding its Zimbabwean operations and impairments, by 30%... 

The Impact Catalyst launches in Mpumalanga

Large-scale, socioeconomic development initiative driver The Impact Catalyst was launched in Mpumalanga on November 21 to promote initiatives designed to leverage collaboration to deliver a... 

New-vehicle sales, production rose in the third quarter

Despite adverse economic disruptions and recovery efforts from severe flooding in KwaZulu-Natal in the second quarter of the year, new-vehicle sales increased by 16.9% year-on-year and 17.6%... 

CoJ welcomes investigation into JRA CEO’s qualifications

City of Johannesburg (CoJ) executive mayor Mpho Phalatse and Transport MMC Funzi Ngobeni say it is appropriate that the Johannesburg Roads Agency (JRA) CEO Tshepo Mahanuke has been placed on... 

Corporate boards urged to stop regarding ESG as an ‘external threat’ driven by activists and shareholders

South African companies need to change how they view the factors of the environment, social impact and corporate governance, otherwise known as ESG, from that of a toxic external threat and to a... 

World Diamond Council proposal breaks Kimberley Process ratification impasse

A proposal by the World Diamond Council (WDC) managed to break an impasse at this year’s Kimberley Process (KP) meeting, in Botswana, during which a communiqué had to be ratified by consensus on... 

NUM to celebrate 40 years

The National Union of Mineworkers (NUM) will celebrate its fortieth anniversary at the old Peter Mokaba Stadium in Polokwane, Limpopo, on December 4. Established in 1982 in Klerksdorp (now... 

Commission prohibits merger between paint manufacturers

The Competition Commission has prohibited a proposed transaction whereby Amsterdam-based chemicals company AkzoNobel intended to acquire paint and coatings manufacturers Kansai Plascon Africa (KPA)... 

Northam tables ‘firm intention’ to acquire remaining RBPlat shares

JSE-listed platinum group metals (PGMs) miner Northam Platinum has announced its firm intention to acquire all remaining shares in fellow PGMs miner Royal Bafokeng Platinum (RBPlat) which it does... 

Multi-partner fund launched to pool greenhouse-gas reduction funding

The World Bank announces that a new multi-partner fund – the Scaling Climate Action by Lowering Emissions (Scale) – has been established to pool funding from the global community for scalable... 

Council urges gold miners to plan further for climate change risks

A report by the World Gold Council (WGC) into climate change and gold finds that the gold sector will likely require more consistent and systematic planning and wider collaboration, including... 

Triple Flag reports stable third-quarter performance

TSX- and NYSE-listed gold-focused, emerging senior streaming and royalty company Triple Flag Precious Metals sold 19 523 gold-equivalent ounces (GEO) in the third quarter, down slightly from the 20... 

First Movers Coalition members pledge $12bn in green purchase agreements

The World Economic Forum (WEF) and the US Special Presidential Envoy for Climate have announced that global decarbonisation organisation the First Movers Coalition (FMC) is expanding with a... 

Aterian appoints new COO

Critical and strategic metal-focused explorer and developer Aterian has appointed Luke Rogers COO with effect from November 1. He has over 14 years of international mining experience – working... 

M&R Cementation appoints MD following incumbent's 2023 retirement

Underground mining contractor Murray & Roberts (M&R) Cementation has appointed Japie du Plessis MD designate, effective March 1, 2023, following the retirement of incumbent Mike Wells, who will... 

Partnership formed to improve localisation, support Transnet’s core business

State-owned Transnet, the National Association of Automotive Component and Allied Manufacturers (NAACAM) and the National Empowerment Fund (NEF) will partner to boost localisation, domestic... 

Petra says eastern wall of Williamson tailings dam breaches, teams on site

Diamond miner Petra Diamonds reports that an eastern wall of a tailings storage facility at its Williamson mine, in Tanzania, was breached earlier on November 7, resulting in flooding away from the... 

World Bank’s Malpass visits Komati power station after approving JET loan

Public Enterprises Minister Pravin Gordhan welcomed World Bank president David Malpass to State power utility Eskom’s Komati power station following the bank’s approval of a R9-billion... 

Drilling campaign expands Sanankoro resource

West Africa-focused gold explorer and developer Cora Gold, undertaking drilling at an exploration target that is part of its Sanankoro gold project, in Mali, reports that the target has the... 

October sees gold ETF uptick, despite six-month decline

The World Gold Council (WGC) reports that October data on gold exchange-traded funds (ETFs) points to market sentiment remaining “cloudy” as the commodity fell 12% from September, declining by 59 t... 

Buffalo Coal offers one-for-one rights offer to shareholders

AltX- and TSX-V-listed South African coal miner Buffalo Coal Corporation will offer rights to South African and Canadian holders of its common shares, on a one-for-one basis, at the close of... 

MC Mining completes A$40m rights offer

Aim-, ASX- and JSE-listed coal explorer, developer and miner MC Mining has successfully concluded a fully underwritten renounceable rights offer, raising its targeted A$40-million through the issue... 

JDA appoints new contractor to restart Bramfischerville infrastructure construction

The Joburg Development Agency (JDA) has restarted the construction of roads and stormwater infrastructure in Bramfischerville Extension 12, in Soweto, after the contracts of two previous... 

Gemfields to auction 187 775 ct Kafubu emerald cluster

Gemstone miner Gemfields is set to put on auction the 187 775 ct (37 555 g) cluster of emeralds that was unearthed in the Chama pit of the miner’s 75%-owned Kagem emerald mine, in Zambia, in March... 

Stable third-quarter production pushes Gold Fields’ earnings higher

With an all-inclusive cost (AIC) of $1 279/oz and sustaining cost of $1 061/oz, JSE- and NYSE-listed Gold Fields produced 597 000 oz of gold in the third quarter ended September 30. CEO Chris... 

Rio Tinto Exploration to start Mt Cecelia drilling as farm-in partner

ASX-listed precious and base metals explorer, developer and producer West Wits Mining reports that farm-in joint venture partner Rio Tinto Exploration (RTX) has started a maiden drilling programme... 

Enpower Trading, SolarAfrica Energy ink 20-year power purchase agreement

Energy trader Enpower Trading and solar energy firm SolarAfrica Energy have signed a 20-year power purchase agreement (PPA) to deliver up to 100 MW of renewable power supply. The PPA is the first... 

Commission refers competition complaint against Vita Gas to the tribunal

The Competition Commission has referred to the Competition Tribunal a complaint against Vita Gas for the alleged abuse of market dominance in the supply of liquified petroleum gas (LPG) from import... 

Solar provider gets RMB Corvest’s backing as a strategic partner

Private equity firm RMB Corvest has invested in Sedgeley Solar Energy Namibia (Sedgeley Energy) as a strategic partner to enable Sedgley Solar to capitalise further on rooftop solar photovoltaic... 

Developing country carbon emissions clemency not applicable to South Africa – Nicholls

South Africa cannot be allowed to breach its climate change mitigation measures and Paris Agreement declarations despite it being an emerging country that is dependant and still heavily reliant on... 

Emirates expands South African operations after air travel demand outstrips supply

Airline Emirates plans to again ramp up operations in South Africa with 42 weekly flights between Dubai and Emirates’ three gateways in South Africa – Cape Town, Johannesburg and Durban. Before...