AECI CEO pleased with the success of the group's new strategy

JSE-listed AECI’s earnings and profit for the year ended December 31, 2024, decreased year-on-year as the group executed its new strategy and made several concessions to enable this. The reported... 

Gold demand reached a new high in 2024, World Gold Council reveals

Total gold demand, including over-the-counter (OTC) investment, rose 1% year-on-year in the fourth quarter to reach a new quarterly high and contribute to a record yearly total of 4 974 t, industry... 

Dean Horton appointed to Canyon board

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 

Anglo American achieves strong operational, cost performance; portfolio simplification progressing

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to... 

Anglo American, Codelco seek to unlock further value from Los Bronces, Andina mines

JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to... 

Barrick files technical reports for Lumwana expansion, Reko Diq projects

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 

ICMM releases updated guidance for closure of tailings storage facilities

Industry body The ICMM has published new editions of key resources, with updates designed to improve how mining companies plan and manage the closure of tailings storage facilities. The Tailings... 

Tirupati terminates Shishir Poddar as co-CEO, unspecified investigations continue

London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect. The company says in a statement that it reserves its right to continue its investigations into all... 

PSV chrome legacy agreement enhanced – Merafe

An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced.... 

Sylvania increases full-year guidance on the back of strong interim performance

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 

GoviEx, Niger agree on strategic roadmap

TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap... 

Platinum jewellery demand recovery encouraging – PGI

Industry organisation Platinum Guild International (PGI) highlights jewellery as an important demand segment for platinum, accounting for around 25% of total yearly platinum demand. It cites data... 

Shuka Minerals progressing Zambian project acquisition

Aim-listed Shuka Minerals is progressing work to complete the acquisition and redevelopment of the Kabwe zinc mine, in Zambia, with a new board put in place. In a corporate and operational update... 

Support grows for independent transmission projects to help ease grid constraint

South Africa’s grid infrastructure is inadequate to support economic growth and accommodate much-needed additional power, especially from renewable-energy sources coming on line as part of the... 

Henk Ludik appointed corporate finance adviser to Lindian

With multiple funding enquiries over the past few months to help progress the development of its Kangankunde rare earths project, in Malawi, and a current nonbinding $50-million Stage 1 funding and... 

Oriole completes Phase 5 drilling at Cameroon project

Aim-listed Oriole Resources has completed a Phase 5 drilling programme at its 90%-owned Bibemi orogenic gold project, in Cameroon, for a total of 6 915.40 m in 56 holes at the Bakassi Zone 1 (BZ1)... 

Kodal produces first spodumene concentrate at Mali project

Mineral exploration and development company Kodal Minerals has produced the first spodumene concentrate at its flagship, fully-funded Bougouni lithium project, in southern Mali. This was achieved... 

Orion appoints Kevin Moxham COO

ASX- and JSE-listed Orion Minerals has appointed experienced international mining executive Kevin Moxham as COO. Moxham is a registered professional engineer with 40 years of experience in mining,... 

Montero receives second instalment from Tanzania for Wigu project expropriation

TSX-V-listed Montero Mining and Exploration’s legal representatives in Tanzania have received $8-million in cash, the second instalment of the $27-million settlement between the company and the... 

Heraeus highlights increasing platinum demand from the pharmaceutical sector

Global technology group Heraeus says in its ‘Precious Appraisal’ report that pharmaceutical platinum demand is expected to rise steadily moving forward. It explains that, with the World Health... 

Pan African expects to report higher interim EPS, but lower HEPS

Gold producer Pan African Resources expects its earnings per share (EPS) for the six months ended December 31 to be between $0.0224 and $0.0246, an increase of between 5% and 15% compared with the... 

Aterian subsidiary restarts Rwanda mineral trading operations

London-listed Aterian’s wholly-owned subsidiary Eastinco has resumed mineral trading operations in Rwanda following the implementation of the Inkomane trading system as established by the Rwanda... 

Trump’s policies likely to weigh on platinum demand, prices, WPIC warns

US President Donald Trump’s economic policies are, in aggregate, expected to be negative for near-term platinum demand and prices, industry organisation the World Platinum Investment Council’s... 

B4SA welcomes rail Network Statement revisions

Business for South Africa (B4SA), a Business Unity South Africa platform, has welcomed the revisions to the Network Statement issued by Transnet’s Rail Infrastructure Manager (TRIM) on February 5.... 

South32 mulls Saudi exploration, partnerships

Saudi Arabia holds considerable exploration opportunities and globally diversified mining and metals company South32 is watching the space closely for potential prospecting and partnership options... 

Africa’s research, development and innovation potential highlighted at Saudi Arabia minerals forum

A South African mining centre of excellence is one of nine key projects that have been identified globally for consideration as part of a Centres of Excellence Network, which forms part of three... 

Peter Secker appointed Canyon CEO

ASX-listed Canyon Resources has appointed Peter Secker CEO, starting July 1, succeeding Jean Sebastien Boutet, who will be transitioning into a new role for Canyon as chief commercial and corporate... 

Gold demand reached a new high in 2024, World Gold Council reveals

Total gold demand, including over-the-counter (OTC) investment, rose 1% year-on-year in the fourth quarter to reach a new quarterly high and contribute to a record yearly total of 4 974 t, industry... 

Five miners perish at Harmony Gold’s Doornkop, Joel mines

JSE-listed Harmony Gold Mining Company has confirmed two separate loss-of-life incidents at its Doornkop and Joel mines, on February 4, which resulted in five mineworkers losing their lives. Two... 

Marula confirms further high-grade copper assays for Kinusi concentrate

Africa-focused mining and development company Marula Mining has announced additional assay results of copper concentrate samples from the Kinusi copper mine, in the Mpwapwa district of Tanzania’s... 

Wood secures engineering contract at Cameroon mining project

Consulting and engineering company Wood has been awarded an engineering scope for the Ngovayang iron-ore project, in southern Cameroon. The award by Cameroon Mining Action (Camina), a subsidiary of... 

Public Works Minister reassures prospective investors about South Africa’s Expropriation Act

Public Works and Infrastructure Minister Dean Macpherson has stressed the importance of clearing up any misconceptions surrounding the Expropriation Act, to ensure investors of policy certainty. He... 

CSIR to showcase capabilities at Mining Indaba

The Council for Scientific and Industrial Research (CSIR) will be present at the South African Pavilion, with the Department of Mineral Resources and Energy, at the 2025 Investing in African Mining... 

ZIOC signs power MoU for Congo-Brazzaville project

Aim-listed Zanaga Iron Ore Company (ZIOC) and its 100% subsidiary MPD Congo have  signed a memorandum of understanding (MoU) with Centrale Électrique du Congo (CEC) to evaluate potential solutions... 

South Africa moving in the right direction in transmission infrastructure rollout, but challenges remain

South Africa’s grid transmission infrastructure is constrained, and it is critical that this be dealt with to support the country’s goal of increasing its energy supply and diversifying its energy... 

Analysts bullish about gold, silver prices, but bearish about platinum, palladium

Independent precious metals authority the London Bullion Market Association (LBMA) has released its ‘2025 Annual Precious Metals Forecast Survey’, which shows bullish price forecasts for gold and... 

AI, data storage propping up platinum demand in the electrical sector

Platinum is finding increasing use in the semiconductor and sensor industries, industry organisation the World Platinum Investment Council points out. In 2024, electrical demand for platinum... 

Barrick Gold targeting local suppliers, skills with Zambian expansion project

NYSE- and TSX-listed Barrick Gold’s Business Accelerator Programme is seeking 150 small and medium-sized enterprises to support the upcoming Superpit expansion at its Lumwana copper mine, in... 

WEF predicts 78m jobs to be added by 2030 despite tech disruption

The World Economic Forum’s (WEF’s) ’Future of Jobs Report 2025’ reveals that 22% of jobs globally will face disruption by 2030, with 170-million new roles set to be created and 92-million... 

Saudi Arabia highlights minerals industrialisation progress, furthers partnerships at FMF

As part of its Vision 2030 to diversify the economy away from a dependence on oil, Saudi Arabia has invested considerably in building the Ras al-Khair minerals industrial city, highlighted as one...