Kazera poised to begin receiving operational cash flows in the coming weeks

Aim-listed investment company Kazera Global is poised to begin receiving operational cash flows from both its heavy mineral sands (HMS) and diamond projects in the coming weeks, the company said on... 

Merafe offers revised approach to disaggregation of group revenue by region

JSE-listed Merafe Resources has revised its regional revenue disclosure format for ferrochrome and chrome ore following an engagement with the JSE regarding the proactive monitoring review process.... 

Eastplats reports significant losses for 2024

TSX- and JSE-listed Eastern Platinum (Eastplats) has reported losses for the 12 months and fourth quarter ended December 31, 2024. Revenue for the fourth quarter decreased by 44.3% to $17-million... 

Andrada reports processing improvements in quarterly update

Aim- and OTCQB-listed tin producer Andrada Mining's ongoing continuous improvement programme has resulted in processing rates reaching 141 t an hour, the highest level in the past five quarters,... 

Exoskeleton testing for underground mining yields positive results

Exoskeletons are currently being tested for their effectiveness in barring at one of Sibanye-Stillwater’s operations as part of the Fall of Ground Action Plan (FoGAP), with positive results so far.... 

Swanepoel rubbishes claims that South Africa's mining industry is on the decline

The South African mining industry is not on its last legs, Manganese Metal Company chairperson and Zimplats and Impala Platinum nonexecutive director Bernard Swanepoel has insisted. Speaking at the... 

Nedlac announces consensus on 47 labour law reforms

Negotiations between organised business, organised labour and government, led by the Department of Employment and Labour (DEL), on a substantive labour law reform process have now concluded. The... 

Akobo achieves first revenue-generating quarter

Euronext- and Frankfurt-listed Akobo Minerals reported its first revenue-generating quarter, with an income of SKr10.6-million for the fourth quarter of 2024, not including 2.3 kg gold produced in... 

Capital reports more than 50% decline in EPS in a ‘year of transition’

London-listed mining, drilling, maintenance and geochemical analysis solutions provider Capital has reported a 53.5% year-on-year decline in basic earnings per share (EPS) to $0.089 in 2024, from... 

African exporters to face market challenges as EU expands Carbon Border Tax

Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The... 

Suiso, CGS launch joint programme to investigate carbon capture potential

Blue ammonia production company Suiso and the Council for Geoscience (CGS) have entered into a collaboration to research South Africa’s subsurface potential for carbon capture and green hydrogen... 

We do not want to compete with steel, we want to replace it, GFRP Tech CEO says at facility launch

Structural reinforcement materials manufacturer GFRP Tech has opened a new research and development (R&D) and manufacturing facility in Linbro Park, Sandton. The facility – the result of... 

Net-zero strategies cannot succeed without breaking down silos – consultant

It is important for any company starting its journey towards net-zero or even-zero emissions to understand that, for a sustainability strategy to hold any water, the business needs to break down... 

Updated study on Jelani Resources project under way

Aim- and OTCQB-listed gold exploration and development company Lexington Gold’s joint venture (JV) Jelani Resources has engaged Bara Consulting to conduct an updated study on the Jelani Resources... 

Mantashe lauds opening of Seriti's Naudesbank Colliery, insists coal mining remains critical

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 

We must adapt to permanently 1.5 ºC warmer climate, scientist says

Global warming has not only surpassed 1.5 ºC above preindustrial levels but is also set to remain at or above that level permanently, University of the Witwatersrand Professor Francois Engelbrecht... 

Nersa approves generation capacity charge, sets out other retail tariff plan changes

The National Energy Regulator of South Africa (Nersa) has approved, in principle, power utility Eskom’s application for a proposed generation capacity charge (GCC),  but adjusted to reduce the... 

Gauteng heavy equipment manufacturing sector has not reached its full potential, Maile says

After visiting manufacturing and engineering company JA Engineering’s facilities in Boksburg, Ekurhuleni, on March 13, Gauteng Finance and Economic Development MEC Lebogang Maile said he was upbeat... 

NUM worried about ‘possible bloodbath of job losses’ on multiple fronts

The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of... 

CCC appoints security head, compliance officer

Copper producer Consolidated Copper Corp (CCC) has appointed Tim Flynn as group security head and Robert O’Neill as chief compliance officer to support the company’s operations and growth in... 

Capital board makes noncash provisions, impacting 2024 profits

London-listed mining services company Capital’s board has taken the decision to book noncash provisions in 2024, primarily relating to historical value-added tax receivables and various laboratory... 

DMRE denies allegations that it is ignoring claims of illegal sugilite mining

The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal... 

Critical Mineral Resources secures £2.5m investment

London-listed Critical Mineral Resources (CMR) has signed an investment agreement with Gilini Holdings for the provision of £2.5-million in funding to be used for project acquisitions, expanding... 

Neo Energy formalises acquisition of Henkries South

Uranium developer Neo Energy has signed the formal legal documentation for its acquisition of the Henkries South uranium project, which is located in the administrative district of Namaqualand, in... 

Exxaro warns shareholders to expect disappointing 2024 earnings amid cost pressures

JSE-listed Exxaro Resources has warned shareholders that its headline earnings per share for the year ended December 31, 2024, are expected to have decreased by between 30% and 44% year-on-year to... 

New single structure to be established to govern State participation in PPPs

A single structure overseen by the National Treasury will be established during the 2025/26 fiscal year to coordinate State participation in project preparation and planning, public-private... 

Rehabilitation efforts at Sovereign Metals’ Kasiya progressing well

The rehabilitation of the land at the test pit site mined during triple-listed Sovereign Metals’ pilot mining and land rehabilitation programme at its Kasiya rutile/graphite project, in Malawi, has... 

PIC raises its stake in Pan African Resources to more than 12%

The Public Investment Corporation (PIC) has increased its shareholding in JSE- and Aim-listed Pan African Resources from 9.98% to 12.39% as at March 4. The PIC now owns about 251.49-million shares... 

Kavango appoints new COO

London-listed Kavango Resources nonexecutive director Alexandra Rose Gorman has agreed to become the company’s COO. The change in her role is expected to take effect in early June, whereupon she... 

Giyani produces high-purity manganese oxide in Johannesburg

TSX-V-listed Giyani Metals, which is developing the K. Hill battery-grade manganese project in Botswana, has announced the successful production of high-purity manganese oxide (HPMO) at its... 

Zanaga announces $21.5m equity fundraise to advance iron-ore project

Aim-listed Zanaga Iron Ore Company has announced an equity fundraise for gross proceeds of $21.5-million, with the potential to upsize to $23-million, conducted by way of subscriptions to a group... 

Nedbank report shows sharpest increase in fixed investment plans since 2021

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 

Macpherson voices his approval of PPP regulatory easements

Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will... 

Tshiamiso Trust reaches R2bn in payouts to mineworkers affected by silicosis, TB

Four years since its establishment, the Tshiamiso Trust has disbursed R2-billion to former gold mineworkers and their families who have met the criteria for silicosis and work-related tuberculosis... 

Tharisa invests £1.5m in JV to develop low-emission natural gas catalysers for shipping industry

Newly formed joint venture (JV) Methanox has secured a £1.5-million investment from platinum group metals (PGMs) and chrome concentrates producer Tharisa towards accelerating methane emissions... 

Lindian CEO steps down early as Kangankunde transitions to project delivery

ASX-listed Lindian Resources CEO Alwyn Vorster will be stepping down as CEO, effective February 28, after he and the board mutually agreed to conclude his fixed-term contract early. This comes amid... 

Loncor reports ‘encouraging’ deep drilling results at Adumbi

TSX- and OTCQX-listed Loncor Gold has announced “encouraging” drilling results from a deep drilling programme at its 3.66-million-ounce Adumbi deposit in the Democratic Republic of Congo. The... 

Allied Gold partners with UAE investment fund to develop Mali mine

TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate... 

High-grade tin find at Kalayi validates Rome Resources’ play

The latest assay results from two diamond core drill holes at Aim-listed tin exploration company Rome Resources' Kalayi tin prospect, in North Kivu, in the Democratic Republic of Congo, have... 

Arkle identifies lithium in all Makgadikgadi Salt Pans samples

Aim-listed Arkle Resources says analysis has identified lithium in all 20 samples taken from a portion of its 937 km2 of licences in the Makgadikgadi Salt Pans, in Botswana. Despite lower grades of...