Atomic Eagle receives enviro, resettlement approvals for Muntanga project

ASX-listed Atomic Eagle reports that it has received approval for the environmental- and social-impact assessment (ESIA) from the Zambia Environmental Management Agency (ZEMA) and a “no objection”... 

Kenmare upsizes revolving credit facility by $30m

London-listed Kenmare Resources has announced that its revolving credit facility (RCF) has been increased by $30-million to $230-million. Covenants relating to net debt to earnings before interest,... 

Koryx Copper progresses exploration at Zambia projects

TSX-V-listed Koryx Copper reports that while the company’s focus remains on its Haib copper project, in Namibia, it continues to carry out systematic exploration at its Zambian assets, with the aim... 

Lexington to sell US projects to GoldOz in cash-and-share deal

Aim-listed Lexington Gold has entered into a binding agreement to sell its wholly-owned subsidiary Global Asset Resources (GAR) to GoldOz, a company previously listed on the ASX. Through GAR,... 

Salungano’s share price rises as it reports higher earnings expectation

JSE-listed Salungano Group’s share price rose by more than 26% on June 24 after the company said it expects to report earnings per share (EPS) of between 50.64c and 51.14c for the financial year... 

SARS Commissioner welcomes Constitutional Court judgment on zero-rating of gold

The Commissioner for the South African Revenue Service (SARS) Dr Johnstone Makhubu has welcomed the unanimous judgment of the Constitutional Court in Lueven Metals v Commissioner for the SARS,... 

Steenkampskraal, Mintek achieve breakthrough in rare earth beneficiation

Steenkampskraal Monazite Mine (SMM) and Mintek, South Africa’s national mineral research organisation, have announced the successful production of high-purity mixed rare earth products at Mintek’s... 

Transnet Pipelines welcomes seven-year sentence for diesel thief

State-owned Transnet Pipelines (TPL) has welcomed the conviction and sentencing of one person for the theft of diesel belonging to TPL. The entity describes this as a significant step in the fight... 

Toubani reports high-grade drilling results from Kobada gold project

ASX-listed Toubani Resources has announced further drill results from the current reverse circulation (RC) drilling programme at its Kobada gold project, in southern Mali. The Kobada project hosts... 

Minbos signs $13.8m Phase 2 construction contract for Angola project

ASX-listed Minbos Resources has announced the signing of a $13.8-million Phase 2 construction contract for the Cabinda Phosphate Fertilizer Plant (CPFP), in Angola, with the Portuguese and Angolan... 

RFA urges govt to properly enforce laws to tackle hiring of illegal foreigners

In response to President Cyril Ramaphosa’s address to the nation on June 7 on the challenge of illegal immigration and xenophobia in the country, Road Freight Association (RFA) CEO Gavin Kelly... 

Businesses adapt as diamond industry evolves

As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour and ongoing... 

Lithium Africa appoints new CEO

TSX-V-listed Lithium Africa has appointed Dr Thomas Benson CEO, effective July 1. Benson joined the company’s board of directors in April and will continue to serve as a director. He currently... 

Companies urged to embed ESG into everyday practices

As South African companies face increasing pressure to demonstrate responsible sourcing, reduce carbon intensity and ensure greater transparency across their operations and supplier networks,... 

Survey shows increase in positive sentiment towards gold

In its latest Central Bank Gold Reserves Survey, the World Gold Council (WGC) reports that central banks are as enthusiastic as ever towards gold, with a record 45% of central banks reporting that... 

Grid infrastructure requirements reshape base metals demand outlook to 2040 – WoodMac

Research from consultancy Wood Mackenzie (WoodMac) finds that the base metals required to power the global data centre boom extend far beyond the servers, cooling units and enclosures inside these... 

Uranium veteran John Borshoff joins Forsys as it targets further growth

Toronto- and New York-listed Forsys Metals has announced proposed changes to its board and executive leadership team, with John Borshoff to join Forsys with a strategy focused on growing the... 

Mission 300 achieving results as 50m more people gain access to electricity

The World Bank Group and the African Development Bank (AfDB) have announced that their joint initiative Mission 300 has connected over 50-million people to electricity across 40 countries – a major... 

Caledonia reports improved ESG metrics at Blanket mine

Aim-listed Caledonia Mining has released its 2025 environmental, social and governance (ESG) report, highlighting progress made at the company’s flagship Blanket mine, in Zimbabwe. Caledonia... 

AMCU responds to dual fatalities at Northam’s Zondereinde

Trade union the Association of Mineworkers and Construction Union (AMCU) has expressed concern about the alleged deaths of two employees at Northam Zondereinde mine in Northam, in Limpopo.... 

Wia drill results identifies new deep target at Namibia gold project, DFS due soon

ASX-listed Wia Gold has released assay results from 19 819 m of recent drilling at its Kokoseb gold project, in Namibia. Wia notes that results from 29 diamond drill holes have identified a new... 

Tiber starts construction on R1bn cantilevered pool deck at ‘The Paradigm’

Following the recent completion of basement works and bulk excavations on the R1-billion The Paradigm building on Buitengracht Street, in the Western Cape, construction company Tiber Construction... 

Independent review confirms technical credibility of Ankh’s Egypt gold/copper project

UK-based Ankh Resources has announced the findings of an independent site visit and gap analysis of its 100%-owned Wadi Dara gold/copper project in the Eastern Desert of Egypt, completed by... 

African Pioneer signs nonbinding term sheet with EPC, mine development group

Aim-listed exploration and resource development company African Pioneer has signed a nonbinding term sheet with engineering, procurement and construction (EPC) and mine development group Hong Kong... 

Sharp rise in April mineral sales highlights importance of mining, council avers

Barring the effects of the Middle East conflict and high fuel costs, South Africa’s total mineral sales could reach R995.5-billion for this year, if the trend in mineral sales continues at its... 

Fortress reaffirms distributable earnings forecast, provides guidance for FY2027

JSE-listed Fortress Real Estate Investments has reaffirmed its distributable earnings forecast of at least R2.15-billion for the financial year ending June 30. This translates into a forecast... 

Namibia Critical Metals begins exploration, infill drilling programme at Lofdal

TSX-V-listed Namibia Critical Metals has begun a significant drill programme at its Lofdal heavy rare earths project, in Namibia. The drill programme, which began on June 3, is aimed at compiling... 

North American Niobium to fly airborne survey over four Québec properties

Critical minerals miner North American Niobium and Critical Minerals Corp (NIOB) continues to advance multiple targets across its district-scale portfolio in Québec, Canada. The company notes that... 

Grid expansion, management critical as South Africa’s electricity sector decentralises

Improved cost efficiencies, shifts in legislation and policy enablers towards an open market continue to support South Africa’s investment in renewable-energy projects, Standard Bank Corporate and... 

Mulilo makes further inroads with Hartebeesfontein BESS financial close

South African independent power producer Mulilo has successfully reached financial close on the Hartebeesfontein battery energy storage system (BESS) project, a 77 MW/308 MWh facility located near... 

Manufacturing production decreased by 2.9% y/y in April

Statistics South Africa (Stats SA) has reported that manufacturing production decreased by 2.9% year-on-year in April. The largest negative contributor was basic iron and steel, nonferrous metal... 

Sacci BCI registers m/m and y/y increases in May

The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declined further by 7.7 index points in April before recovering by 0.5 index points to 124.1 in May.... 

US consumers show preference for natural diamonds, De Beers report shows

Diamond miner De Beers has shared its latest research on US consumer trends in its latest 'US Diamond Acquisition Study' report, which found that jewellery that includes natural diamonds are the... 

MC Mining enters into $9.94m unsecured convertible promissory notes

ASX- and JSE-listed MC Mining has entered into binding agreements with Kinetic Development Group (KDG), the company's controlling shareholder, and Eagle Canyon International Group, a minority... 

High-grade drill results demonstrate potential to extend Bilboes mine life

Aim-listed Caledonia Mining says results from its 2025 exploration programme at the Motapa exploration property, in Zimbabwe, demonstrate the presence of significant gold mineralisation across... 

Akobo’s Ethiopian operations normalise following fuel supply disruptions

Following the fuel supply disruptions that temporarily impacted its Ethiopia operations during April, gold producer Akobo Minerals says key activities progressively resumed during May as diesel... 

Shuka Minerals completes third drill hole at Zambia zinc mine

Aim-listed Shuka Minerals has successfully completed the third drill hole – KBDD03 – at the Number 2 orebody at its Kabwe zinc mine, in Zambia. The third diamond drill hole was planned at 65° at a... 

Askari reports ‘outstanding’ K9 trenching results at Namibia project

ASX-listed Askari Metals has reported “outstanding” Phase I trenching assay results from the K9 pegmatite target at its 100%-owned Uis project, in Namibia, further underscoring the project’s... 

Ongwe Minerals discovers new multikilometre gold anomaly in Namibia

TSX-V-listed Ongwe Minerals has reported the discovery of a new multikilometre gold anomaly at its Omatjete gold project, in Namibia. The new Nguni surface gold discovery is located 17 km from... 

PhosCo eyes more inventory growth with another discovery

ASX-listed PhosCo has made another discovery at its Gasaat phosphate project, in Tunisia, with drilling having intersected thick, shallow phosphate mineralisation at the KH prospect, just 3.5 km...