Altona discovers high-grade mineralisation at Monte Muambe

London-listed Altona Rare Earths has reported the discovery of high-grade mineralisation at its Monte Muambe rare earths and fluorspar project, in Mozambique, with concentrations up to 232 g/t... 

Whale Head Minerals sells first 10 000 t of heavy mineral sands

Aim-listed Kazera Global’s 70%-owned subsidiary Whale Head Minerals (WHM) has issued its first invoice for the sale of 10 000 t of heavy mineral sands (HMS) mined at its operations in Alexander... 

Orion on track to become near-term base metals producer as it releases Prieska, Okiep studies

JSE- and ASX-listed Orion Minerals says it is firmly on track to become a near-term base metals producer with the release of the definitive feasibility studies (DFSs) for its flagship project, the... 

URU raises £300 000 to accelerate activities at South African nickel project

Aim-listed URU Metals has raised £300 000 before expenses through a placing of ten-million new ordinary shares of no nominal value each in the capital of the company at a price of 3p a share. The... 

Caledonia makes good progress on Bilboes feasibility study

NYSE- and Aim-listed gold miner Caledonia Mining has reported that it has been making good progress on the feasibility study for the Bilboes project, in Zimbabwe, with the support of DRA Projects... 

Kenmare making steady progress with WCP A upgrade project

Providing a project update on its Moma titanium minerals mine in norther Mozambique, JSE-listed Kenmare Resources MD Tom Hickey says the upgrade of Wet Concentrator Plant (WCP) A, and its... 

Zanaga announces tranche two private placement completion, upsizing

Aim-listed Zanaga Iron Ore Company has reported that it has entered into subscriptions totalling $21.51-million of gross proceeds at a price of $0.052, about 4.10p, per ordinary share. This is the... 

Sibanye-Stillwater announces changes to board member capacity, board committees

JSE-listed Sibanye-Stillwater has reported that, owing to board members Richard Menell, Tim Cumming, Keith Rayner and Jerry Vilakazi having reached 12-year tenures, they are no longer regarded as... 

Goldplat reports strong operating profit, lower revenue

Aim-listed Goldplat has reported that it continued to achieve profitable results for the six months ended December 31. The company has reported a strong operating profit for the period of... 

Sovereign Metals confirms intention to raise A$40m for Malawi project

In response to media speculation in respect of a potential capital raising by ASX- and Aim-listed Sovereign Metals, the company has confirmed that it has engaged Petra Capital as lead manager and... 

Kore Potash raises $10.1m

Potash development company Kore Potash, which owns 97% of the Sintoukola (Kola) potash project, in Congo-Brazzaville, has conditionally raised about $10.1-million, before expenses, by way of a... 

Policy coherence seen as key to scaling up SA’s circular economy

With increasing pressure being placed on South Africa’s municipal dumps amid growing waste generation, promoting a circular economy could provide valuable solutions while potentially creating new... 

Amplats proposes name change to Valterra Platinum

JSE-listed Anglo American Platinum (Amplats) will hold its AGM on May 8 and has proposed changing its name to Valterra Platinum. This comes ahead of its unbundling from parent company Anglo American. 

Epiroc, UP sign MoU to establish Epiroc Academic and Research Forum

Mining equipment manufacturer Epiroc and the University of Pretoria (UP) – through its Faculty of Engineering, Built Environment and Information Technology (EBIT) – have signed a memorandum of... 

Message queuing telemetry transport cited as a solution for data silos in mining

With data becoming increasingly important for mining operations, the need for a unified, integrated data architecture that eliminates data silos, as well as enhances efficiency, profitability and... 

Thungela delivers resilient performance, reports 16% y/y revenue increase

Johannesburg- and London-listed Thungela Resources delivered a resilient performance for the financial year ended December 31, 2024. The company reports that full-year export saleable production... 

Orion progresses with internal reviews for Okiep DFS

Providing an update on the timing of the release of the definitive feasibility study (DFS) on the Flat Mines Project, part of the Okiep copper project, in the Northern Cape, JSE- and ASX-listed... 

Minerals Council celebrates women in mining sustainability heroes

As part of its Women in Mining Programme, the Minerals Council South Africa hosted a breakfast to mark International Women’s Day under the theme ‘For ALL Women and Girls: Rights. Equality.... 

Black Rock completes A$5M placement bookbuild

ASX-listed Black Rock Mining has received firm commitments to raise A$5-million – before costs – at A$0.023 a share for a placement to new and existing institutional and sophisticated investors.... 

BMI expects lower metal prices this year

Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury... 

Product design, consideration of the local context key to a successful circular economy

The promotion of a circular economy could provide valuable solutions for dealing with South Africa’s growing waste generation and the pressure it is putting on municipal waste facilities, while... 

Kasiya graphite suitable for expandable, expanded graphite applications – Sovereign

Aim-listed Sovereign Metals has reported that further testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the graphite has the key characteristics... 

African Rainbow Minerals warns of up to 55% fall in interim headline earnings

JSE-listed African Rainbow Minerals has warned that its headline earnings for the first half of the 2025 financial year are expected to be between 45% and 55% lower year-on-year, at between... 

Tertiary Minerals appoints new MD

Aim-listed Tertiary Minerals has appointed Dr Richard Belcher as MD. He will begin his role on March 7, the day after the company’s AGM. Tertiary says Belcher has over 22 years of geological... 

Unicorn carries out site visit on potential copper asset in Namibia

Following a preliminary independent technical evaluation of a potential copper exploration and development project, in Namibia, London-listed Unicorn Mineral Resources’ management team and... 

Central bank, investor buying continue to drive record gold prices – Heraeus

Technology group Heraeus has described gold’s price performance over the last 18 months as “remarkable”, noting that, as the price nears $3 000/oz, signs of “excess frothiness are becoming... 

Gemfields generates $4.8m in mini auction of previously unsold emeralds

London-listed Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13... 

Hydropower study confirms sustainable, low-cost power supply for Orom-Cross

London-listed Blencowe Resources has completed an initial hydropower study for its Orom-Cross graphite project, in Uganda. The study confirms the availability of abundant, low-cost and renewable... 

Appian to acquire the majority shareholding in Rosh Pinah Solar Park

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 

Tertiary Minerals advances drilling at Konkola West

Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the... 

West Wits secures credit approval for R902m loan facility to advance Qala Shallows

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 

GoviEx progresses Muntanga project financing

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 

Higher gold price boosts AngloGold’s headline earnings, free cash flow

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 

Northam finalises PPA for wheeled wind energy

Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind... 

Metlen secures long-term strategic agreements with Rio Tinto for bauxite, alumina

Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both... 

Sovereign completes Kasiya testwork

ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key... 

Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef

TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3... 

MMC procures crystalliser plant to produce battery-grade manganese material

Manganese producer and exporter Manganese Metal Company (MMC) has awarded crystallisation and evaporation plant and systems provider JordProxa Africa a contract to supply it with a crystalliser... 

Orion Minerals’ BEE transactions for Okiep clear path for project financing

The suspensive conditions to transactions between ASX- and JSE-listed Orion Minerals’  New Okiep Exploration Company (NOE) and New Okiep Mining Company (NOM) and historically disadvantaged South... 

Marula to finalise NCLT project acquisition following receipt of prospecting right

Following the receipt of the signed prospecting right for the Northern Cape lithium and tungsten (NCLT) project in December, Africa-focused mining and exploration investment company Marula Mining...