Deep Yellow appoints project delivery head

ASX-listed Deep Yellow has appointed Jim Morgan as project delivery head. He will take on the role of project director for Deep Yellow’s flagship Tumas project, in Namibia. A final investment... 

ETF developments in Japan could offer longer-term growth opportunities – WPIC

With investment in platinum exchange-traded funds (ETFs) expected to rise this year, developments in Japan could offer longer-term growth opportunities, says the World Platinum Investment Council... 

Initial flotation rougher tests indicate high rare earths recovery – Altona

London-listed resource exploration and development company Altona Rare Earths has reported that initial flotation rougher test results received for its Monte Muambe rare earths and fluorspar... 

Hummingbird reports lower revenue, confident of improved production later this year

Amid a challenging period for aim-listed Hummingbird Resources and its stakeholders in the face of operational and market headwinds, CEO Dan Betts says the company has made significant strides in... 

Cobre and BHP to search for copper in Botswana

Australia-listed junior Cobre announced a letter of intent to negotiate exclusively an earn-in joint venture agreement with commodities major BHP over the Kitlanya West and East copper projects,... 

Gem recovers 212.91ct diamond at Letsěng

London-listed Gem Diamonds has recovered a 212.91ct Type II white diamond at the Letsěng mine in Lesotho. This is the thirteenth diamond greater than 100 ct recovered this year. 

SA mining sector’s contribution to GDP slid in 2023, partnership with govt to boost growth

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 

Assmang’s Black Rock mine achieves 12m fatality-free shifts

Manganese and iron-ore mining company Assmang’s Black Rock mining operation (BRMO), near Hotazel, in the Northern Cape, recorded 12-million fatality-free shifts earlier this year. This was achieved... 

Jubilee enters into renewable energy PPA in Zambia

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 

Lotus intersects some of the thickest continuous zones of mineralisation to date

ASX-listed Lotus Resources has reported that its latest drilling has intersected some of the thickest continuous zones of mineralisation to date, with this thicker mineralisation starting as... 

Aterian completes initial target generation at Botswana project

Following the conclusion of a share purchase agreement to acquire a 90% interest in Atlantis Metals, in Botswana, in April, Aim-listed Aterian has completed initial target generation using... 

Sylvania posts lower full-year earnings on the back of low PGM prices

Aim-listed Sylvania Platinum reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $13.5-million for the financial year ended June 30, an 80% decrease on the Ebitda of... 

Localisation Fund backs textile businesses

With the local retail-clothing, textile, footwear and leather (R-CTFL) sector accounting for about 14% of South Africa’s manufacturing employment, nonprofit company the Localisation Support Fund... 

Dept confident of successfully managing data migration for South Africa's new mining cadastre

South Africa's new mining cadastral system, called project Indwe, is currently in the design and development phase and on track for roll-out in June 2025, Department of Mineral Resources and Energy... 

Australian mining companies’ investment into Africa reaches $60bn

Reflecting its long-term commitment to Africa’s future, Australian mining companies have invested about $60-billion into Africa. Speaking at this year’s Africa Down Under conference, on September... 

South Africa's mining sector 'gearing for growth' as reforms yield results

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 

South African exploration fund attracts 115 applications – Mantashe

South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe told attendees at this year's Africa Down Under conference, in Perth, Australia, on September 4, that the country's Department... 

Switchgear manufacturer unveils cutting-edge products at Electra Mining

Energy equipment and solutions provider CHINT Global will showcase its latest advancements in smart energy solutions at this year’s Electra Mining Africa conference, to be held at the Johannesburg... 

Cesa Aon Engineering Awards a celebration of collaboration

The 2024 Cesa Aon Engineering Excellence Awards, held in Midrand, on August 14, celebrated and honoured the outstanding contributions of South Africa’s consulting engineering sector towards... 

Metso clinches €20m grinding mill order

Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about... 

Sovereign starts hydraulic mining trial at Kasiya

ASX-listed Sovereign Metals has begun a hydraulic mining trial at its Kasiya rutile/graphite project, in Malawi, as part of the ongoing pilot phase of its pilot mining and land rehabilitation... 

Gem recovers 129.71 ct diamond at Letsêng

London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year. 

WAF maintains full-year production guidance

ASX-listed unhedged gold mining company West African Resources (WAF) has produced 107 644 oz of gold at $1 223/oz all-in-sustaining-costs (AISC), generating A$116-million in cash flow from... 

Assay results confirm high-grade zone at Marula’s Kenyan manganese project

Aim-listed Marula Mining has received assay results from channel samples taken from manganese ore within licensed areas that will provide run-of-mine (RoM) material to the recently acquired Kilifi... 

Endeavour signs settlement agreement with Lilium

London-listed Endeavour Mining and Lilium Gold have signed a settlement agreement involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines. Pursuant to... 

Goldplat achieves £4.36m operating profit as Ghana operation performs strongly

Aim-listed Goldplat has reported a 267% year-on-year increase in operating profit, to £4.36-million, for the fourth quarter of its 2024 financial year. The company says its Ghanaian operations... 

Jubilee enters into PPA for hydro, solar power in Zambia

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 

Partnership formed to responsibly dispose of end-of-life hearing devices, batteries

Used or end-of-life hearing devices, button batteries and related electronic and electrical equipment will be diverted from South Africa’s landfills, owing to a collaboration between Producer... 

West Wits completes $1.5m capital raising

ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to raise $1.5-million before costs through the issue of convertible... 

Lucapa posts 13% increase in interim Ebitda

ASX-listed Lucapa Diamond Company has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.4-million for the six months ended June 30 – a 13% year-on-year... 

Lobito Atlantic Railway begins exporting copper from the DRC to the US

Railway operator Lobito Atlantic Railway (LAR) has reported that the first shipment of copper destined for the US left the port of Lobito, in Angola, this week, loaded on the MSC SAMU container... 

ESG risk should be integrated into organisational risk processes

As emphasis on environmental, social and corporate governance (ESG) grows globally, integrating ESG into effective risk management plays a key role in strategy development, panellists noted during... 

Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond

Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray... 

Perseus to sell its shareholding in Montage Gold

ASX-listed Perseus Mining has agreed to sell 33-million common shares in the capital of TSX-V listed gold explorer and aspiring developer Montage Gold Corp to BMO Nesbitt Burns at a price C$1.86 a... 

Aterian to start drilling on Rwanda project in September

London-listed critical metal-focused exploration and development company Aterian expects to start drilling at the HCK project, in Rwanda, in September. The project is a joint venture with... 

Hummingbird completes refinancing package with Coris Bank

Aim-listed Hummingbird Resources has completed the strategic refinancing of a portion of its existing loan facilities with the company's principal financing partner Coris Bank International.... 

Wärtsilä signs decarbonisation agreement for Madagascan power plant

The renewal of technology group Wärtsilä’s operations and maintenance (O&M) agreement with QIT Madagascar Minerals (QMM), which is part of the Rio Tinto group, has been expanded to include a... 

Namibian Competition Commission approves Shanjin’s buyout of Osino

TSX-listed Osino Resources says the Namibian Competition Commission (NCC) has approved Shanjin International Gold’s buyout of Osino for a cash consideration of C$1.90 a share. The NCC’s approval... 

Akobo intersects ore in Eastern winze underground operations

Gold exploration and mining company Akobo Minerals has successfully intersected the orebody in the prospect drive just off the Eastern winze of its underground operations at the Segele mine, in... 

Neo Energy completes due diligence on Beisa North and South projects

London- and South Africa-listed Neo Energy Metals has completed its technical, financial and legal due diligence on the proposed acquisition of a 100% interest in the multimillion-pound uranium and...