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Sandfire’s early growth and success stemmed from the discovery of the high-grade DeGrussa copper/gold deposit, in Western Australia.
Sandfire announces $200m credit line
Updated 7 hours ago By: Mariaan Webb

Australia-headquartered Sandfire Resources on Tuesday announced a $200-million corporate revolver facility (CRF), with some of the proceeds going towards paying off a facility linked to its Matsa... 


Afri-Tech’s Power Nozzle readying for intra-Africa export
Afri-Tech’s Power Nozzle readying for intra-Africa export
17th March 2024 By: Tracy Hancock

Krugersdorp-based Afri-Tech Mining Supplies’ award-winning Power Nozzle is destined for export to Ghana, Mali, Tanzania, Botswana and Namibia before mid-year, with at least ten other sub-Saharan... 


A unitrans tanker at a depot in the setting sun
Company invests in driver, vehicle management systems
15th March 2024 By: Halima Frost

Specialist transport group Unitrans continues to invest heavily in various event-based in-vehicle management systems (IVMS) to ensure the safety of its drivers, fleet and cargo in its chemical and... 


Normet Image
New service centre opened to back Normet Africa’s growth
15th March 2024 By: Tracy Hancock

To support the continued success of its African expansion, underground mining technology company Normet Africa has officially opened its custom-built 4 800 m2 service centre at the Equites... 


The Karowe openpit
Updated study puts Karowe expansion project capital cost at $683m
14th March 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 


Image of a Toyota Land Cruiser
Toyota launches expanded accessories programme in South Africa
13th March 2024 By: Irma Venter

Toyota South Africa Motors (TSAM) has launched a new programme called Associated Accessory Products (AAP). The local arm of the Japanese car maker says this one-stop-shop offering will complement... 


Arc Minerals raises £4m
12th March 2024 By: Sabrina Jardim

Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares... 


Drought-affected maize crops
El Niño scorches Southern Africa with driest February on record
8th March 2024 By: Bloomberg

A swathe of Southern Africa suffered the driest February in decades that wiped out crops, precipitated power shortages and threatened to send already high food prices surging further. Last month,... 


Beasts of burden under siege
8th March 2024 By: Martin Zhuwakinyu

Rhino and elephant poaching afflicts many African countries that are home to these endangered species, and the main driver behind this scourge is seemingly insatiable demand by the Chinese and... 


Transmission infrastructure in South Africa
New fund to finance cross-border electricity transmission in Southern Africa
6th March 2024 By: Rebecca Campbell

The Southern African Power Pool’s (SAPP’s) Regional Transmission Infrastructure Financing Facility (RTIFF) will be managed by climate-focused blended finance fund manager Climate Fund Managers... 


Tsodilo withdraws contempt motion as Botswana Minister complies
6th March 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has withdrawn its contempt motion, which sought to hold Botswana Minerals and Energy Minister Lefoko Moagi to... 


Lotus Resources to join the ASX 300 index
5th March 2024 By: Darren Parker

ASX- and OTCQB-listed Lotus Resources will join the S&P/ASX 300 index on March 18, following the index’s March quarterly review. Lotus owns an 85% interest in the Kayelekera uranium project, in... 


Photo of Martin Creamer
On-The-Air (01/03/2024)
1st March 2024 By: Martin Creamer

Martin Creamer discusses gold mining project and two huge wind and sun energy projects. 


Debswana's Jwaneng mine
Debswana's diamond sales down 25.1% in 2023 on weak demand
1st March 2024 By: Reuters

Debswana Diamond Company's sales of rough diamonds fell 25.1% in 2023, data released by Botswana's central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the... 


Image of Karowe openpit
Karowe underground project, Botswana – update
1st March 2024 By: Sheila Barradas

Lucara Diamond Corp has reiterated that the underground project remains a priority, with president and CEO William Lamb saying it represents an exciting and valuable future for the company. 


Image of periodic symbol for uranium
Kayelekera uranium restart project, Malawi – update
1st March 2024 By: Sheila Barradas

Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors to accelerate the restart works at Kayelekera mine. 


South Africa records R9.4bn trade deficit for January
29th February 2024 By: Sabrina Jardim

Trade statistics for January, released by the South African Revenue Services on February 29, show a preliminary trade deficit of R9.4-billion, an improvement from the R24.4-billion trade deficit... 


Lucapa posts full-year loss amid volatile market conditions
29th February 2024 By: Sabrina Jardim

In 2023, the global diamond market experienced a downturn and volatility and although the large, high-quality diamonds recovered from both its Lulo and Mothae operations achieved decent prices at... 


Eastport Ventures CEO Robin Birchall
Eastport appoints mining veteran Birchall as CEO
28th February 2024 By: Marleny Arnoldi

Canadian miner Eastport Ventures has appointed Robin Birchall CEO effective immediately. He brings to the board more than 20 years of experience in the investment banking sector within the mining... 


Absa Group CEO Arrie Rautenbach
Absa launches repositioned brand, aims for human-centred banking
23rd February 2024 By: Sabrina Jardim

Financial services provider Absa has launched its repositioned brand, signalling a shift to a more deliberately customer-centric business with the new brand promise being the theme ‘Your Story... 


Lotus to raise $30m to accelerate Kayelekera restart, Letlhakane development
23rd February 2024 By: Sabrina Jardim

ASX-listed Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors. The placement funds will enable Lotus to accelerate the... 


AERIAL VIEW OF THE JWANENG MINE
Jwaneng underground project, Botswana
23rd February 2024 By: Sheila Barradas

The project will transition Jwaneng from an openpit mine to and underground mine. 


The Karowe openpit mine
Lucara expects higher revenues for 2024; announces new large diamond recoveries
21st February 2024 By: Chanel de Bruyn

Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a... 


Tsodilo confirms subsidiary can proceed with PEA in Botswana following litigation
20th February 2024 By: Marleny Arnoldi

TSX-V-listed Tsodilo Resources has confirmed that its subsidiary Gcwihaba Resources can proceed with concluding a preliminary economic assessment (PEA) on a prospecting licence, in Botswana,... 


An image showing Lucara's Karowe mine in Botswana
Lucara signs new ten-year diamond sales agreement with HB Group
19th February 2024 By: Tasneem Bulbulia

Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processer and trader HB Group out of Antwerp, Belgium, in respect of qualifying “special”... 


Image of electricity pylons and solar panels
Mmadinare solar complex, Botswana
16th February 2024 By: Sheila Barradas

Financial close on the first phase of the project was reached in December 2023. 


Opinion: Takeways from the 2024 Mining Indaba
Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being... 


Image of a mobile screen
Fleet of crushers and screens expanded
10th February 2024

A large African opencast mining contractor has significantly increased its fleet of mobile crushers and screens. Currently operating in South Africa, Namibia and Botswana, opencast mining... 


Bezant advances early works at Namibia project
9th February 2024 By: Marleny Arnoldi

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 


Exxaro sharpens M&A focus after copper mine loss to China
9th February 2024 By: Bloomberg

Exxaro Resources CEO Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy, after failing to acquire new mining and energy assets. The Johannesburg-based company... 


Africa’s largest virtual supply chain conference to focus on collaboration, sustainability, innovation
9th February 2024

Africa’s largest virtual conference for procurement and inbound supply chain professionals will take place on 13 March 2024. The free-to-attend Africa Supply Chain in Action (ASCA) event is now in... 


An Actom high-voltage equipment yard
Actom secures Selebi-Phikwe solar plant contract
8th February 2024 By: Schalk Burger

Electromechanical equipment manufacturer Actom High Voltage has secured a contract to supply and deliver high-voltage equipment for the Selebi-Phikwe solar photovoltaic (PV) plant, which is... 


diamond sorting
De Beers’ fourth-quarter rough diamond production down 3% y/y
8th February 2024 By: Darren Parker

Diamond producer De Beers reported on February 8 that its 2023 fourth-quarter rough diamond production had decreased by 3% year-on-year to 7.9-million carats, primarily owing to the planned... 


An image of Anglo American CE Duncan Wanblad
Anglo’s fourth-quarter production in line with expectations despite rail constraints
8th February 2024 By: Tasneem Bulbulia

Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate... 


Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp
8th February 2024 By: Reuters

Botswana has set aside 890-million pula ($65-million) to buy shares in Belgian diamond trader HB Antwerp, national budget documents show, advancing a deal that President Mokgweetsi Masisi said in... 


De Beers CEO Al Cook with Endiama CEO Ganga Junior at Investing in African Mining Indaba.
Angola’s diamond sparkle brightened by new De Beers deal
6th February 2024 By: Martin Creamer

Diamond mining and marketing company De Beers is to collaborate with Angola on opportunities to increase diamond production, support alluvial mining sector and enhance social development for the... 


Sampling confirms extensive gold at Tati project
6th February 2024 By: Sabrina Jardim

London-listed exploration company Power Metal Resources reports that recent geochemical soil sampling assay results from the Tati gold project, in Botswana, have confirmed the presence of three... 


Zambia to start trading its own copper, competing with Glencore
Zambia to start trading its own copper, competing with Glencore
6th February 2024 By: Bloomberg

Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group and Glencore. “We obviously... 


Anglo American CEO Duncan Wanblad
Anglo CEO urges resilience, partnerships amid global disruptions
6th February 2024 By: Shannon de Ryhove

Multinational mining company Anglo American is focusing on partnerships with its host nations to grow the mining industry and remain resilient through disruptions, said CEO Duncan Wanblad during... 


Copper sheets produced in the DRC
Western miners lag as oil powers enter race for Africa's critical metals
2nd February 2024 By: Reuters

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


Photo of Martin Creamer
More openness around bewildering IDC manganese decision would be most welcome
2nd February 2024 By: Martin Creamer

The decision of South Africa’s State-owned Industrial Development Corporation (IDC) to financially back a Canada-owned Botswana-based battery manganese facility rather than a highly accomplished... 


Manganese ore from the K. Hill project
K.Hill battery-grade manganese project, Botswana – update
2nd February 2024 By: Sheila Barradas

Giyani Metals has secured $10-million in funding from private equity fund ARCH Sustainable Resources Fund. 


Lotus, A-Cap merger posited to provide uranium opportunities
31st January 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources completed the implementation of the merger with A-Cap during the quarter ended December 31, which the company avers has created a “leading uranium player with significant... 


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