PTM shifts focus to Waterberg project, debts

TSX-listed Platinum Group Metals (PTM) on Thursday said its main focus in the year ahead would be on advancing its large-scale, bulk minable Waterberg project, in South Africa, after agreeing to... 

Ancuabe graphite project’s mineral resources increases by 59%

The mineral resource at ASX-listed Triton Minerals’ Ancuabe graphite project, in Mozambique, has increased by 59% to 44-million tonnes, at an average grade of 6.6% total graphitic content (TGC).... 

NUM, MQA fund 80 students’ studies

The National Union of Mineworkers (NUM) and the Mining Qualification Authority (MQA) have signed a three-year bursary agreement with the JB Marks Education Trust Fund to fund 80 engineering... 

Mantle edges closer to bringing historical Morning Star on line

ASX-listed Mantle Mining, which is currently focused on the return to production of the Morning Star gold mine east of Melbourne, Victoria, reports that it has made significant progress on trial... 

Tertiary gains access to prefinancing with Possehl agreement

Aim-listed Tertiary Minerals has signed a memorandum of understanding with global commodities trading group Possehl Erzkontor to enter into a definitive purchase and sales agreement, the company... 

Regulatory red tape to stifle Russia’s palladium growth

Despite rising palladium prices, the Russian government will continue to exert tight control over the quantities of palladium supply exiting the country, research firm BMI said on Wednesday. The... 

Metro Mining reaches commission stage at Bauxite Hills

ASX-listed Metro Mining on Wednesday reported that all major marine infrastructure at its Bauxite Hills mine had reached practical completion including the barge loading facility (BLF), marine... 

Kefi released from litigation claims by Ethiopian court

A ruling by the Federal Supreme Court of Ethiopia has eliminated all claims against Aim-listed gold miner Kefi Minerals, releasing it from potential liability regarding an inherited claim for... 

Hummingbird launches commemorative coins

To commemorate the first gold pour at  Hummingbird Resources’ Mali-based Yanfolila mine, the Aim-listed gold miner is producing one-ounce pure-gold single mine origin (SMO) coins. The 1oz... 

GoviEx receives top honours at Africa investment showcase

TSX-V-listed GoviEx Uranium was given the gold award for best mining project at the recent Africa Investment Forum and Awards (AIFA) in Paris, France. The AIFA is an event dedicated to African... 

Tlou Energy progresses seismic survey at Botswana projects

Dual-listed Tlou Energy last week completed a field acquisition phase, which forms part of its 250 km two-dimensional seismic survey, at its Lesedi and Mamba coal-bed methane projects, in Botswana,... 

Kibaran receives resettlement approval for Epanko

Australia-based junior Kibaran Resources on Tuesday reported that the Tanzanian government had approved the resettlement action plan (RAP) compensation schedules for its Epanko graphite project.... 

Century zinc mine could be back in production by July – study

The Century zinc mine could be back in production by July next year, New Century said on Tuesday, announcing the outcomes of a feasibility study into the restart of operations at the mine near Mt... 

MOD Resources gets go-ahead for further exploration

ASX-listed copper miner MOD Resources has received approval from the Botswana Department of Environmental Affairs (DEA) to start drilling on a farm north of its T3 copper project, doubling its... 

Feasibility study boosts Lincoln’s Kookaburra Gully graphite project prospects

A feasibility study has found in favour of developing what is likely to be Australia’s only operating graphite mine when construction and commissioning work begins towards the second half of next... 

Blackham secures A$60m for Matilda-Wiluna

ASX-listed Blackham Resources has taken a major step towards completing the refinancing of its 6.5-million ounce Matilda/Wiluna operation, in Western Australia, with an agreed initial A$60-million... 

Kalium raises funds to move forward on SoP BFS

A recent bookbuild by ASX-listed potash developer Kalium Lakes was oversubscribed and strongly supported by existing and new shareholders, raising A$14.2-million from 33.5-million shares. The... 

Manuel says innovative civil engineering can remedy social ills

Unless South Africa and its citizens deal with the issue of widespread corruption, the country will not be able to provide the “kinds of engineering services” that it ought to provide to people,... 

South African manufacturing declines, but could recuperate in new year

Difficult trading conditions in the country are reflected in Statistics South Africa’s latest manufacturing numbers, with production having decreased by 1.6% year-on-year in September. However,... 

Manufacturing Circle sees some bright spots in local industry investment

Despite the Manufacturing Circle Investment Tracker (MCIT) showing a downward trend year-on-year, falling to 60 in the third quarter, the industry body remains optimistic about the local... 

Joburg faces R17bn electricity infrastructure challenge

The undoings of the previous administration has resulted in the City of Johannesburg requiring an investment of around R17-billion over the next ten years to upgrade its ageing electricity... 

Unemployment biggest culprit in South Africa’s inequality

Unemployment, and not low formal sector wages, is the biggest cause of inequality in South Africa, economist Mike Schussler argued at a presentation of trade union Uasa’s sixteenth ‘South African... 

Activists to appeal enviro authorisation for proposed nuclear power station

Earthlife Africa Johannesburg, Greenpeace Africa and the Southern African Faith Communities’ Environment Institute (Safcei) have officially filed a notice informing the Department of Environmental... 

Gem unearths 202 ct diamond

LSE-listed Gem Diamonds has recovered a high-quality 202 ct, D-colour Type IIa diamond from its Letšeng mine, in Lesotho. This is the seventh diamond of over 100 ct to be recovered from Letšeng... 

Gold miners shifting focus back to growth

While global gold miners will gradually shift their focus from financial austerity to growth through acquisitions and increased spending, miners operating in sub-Saharan Africa (SSA) will face... 

Funding made available to advance Burkina Faso solar project

The Banque Internationale pour le Commerce, l’Industrie et l’Artisanat du Burkina (BICIAB), a BNP Paribas Group subsidiary, will provide $16.5-million in financing to Eren Renewable Energy for a 15... 

Triton inches closer to opening Ancuabe graphite project

ASX-listed Triton Minerals has started the transition from explorer to developer with the submission by its subsidiary Grafex Limitada of its Mining concession application (MCA) to the Instituto... 

Maximus sees opportunities for further gold deposits at Spargoville

ASX-listed gold miner Maximus Resources on Wednesday said it was aggressively pursuing further resource definition across the Spargoville gold project area, 70 km south of Kalgoorlie, in Western... 

Tawana strengthens management team

Dual-listed Tawana Resources has appointed Noel O’Brien chief technical officer for its metallurgy and processing division. A metallurgist and processing expert, O’Brien has experience in multiple... 

Premier raises £1-milion in oversubscribed share offer

Aim-listed Premier African Minerals received a strong response to its offer to raise £500 000 at 0.4p apiece, with the offer oversubscribed. The offer closed early when £1-milion was surpassed,... 

PEA delivers encouraging results for GoviEx’s Mutanga

A recently completed preliminary economic assessment (PEA) at TSX-V-listed GoviEx Uranium’s Mutanga project, in Zambia, has shown that the project can produce 2.4-million pounds a year of... 

NUM seeks members’ mandate on new coal sector wage offer

The National Union of Mineworkers (NUM) on Tuesday said the latest wage offer by the coal mining companies was now being presented to its members. The NUM on Friday announced that it would postpone... 

Lucapa and Equigold deepen relationship

Private Singaporean company Equigold is further increasing its shareholding in Africa-focused Lucapa Diamond Company by converting the last two scheduled quarterly repayments, totalling... 

Wescoal confident about coal market as it posts 42% boost in H1 profit

A consistently strong operational performance from JSE-listed Wescoal’s projects has resulted in the miner posting a gross profit of R267-million for the six months ended September 30, a 42%... 

WPIC forecasts yet another platinum deficit in 2018

A global platinum deficit of 275 000 oz is expected in 2018, further reducing the availability of above ground stocks of the metal, which have contributed about 2.5-million ounces in the last year,... 

Hernic’s improved performance in October sets pace for Q4

The performance of dual-listed Jubilee Platinum’s Hernic operations improved significantly in October, with 45 596 t of material processed to produce 1 427 oz of platinum-group metals (PGMs) – a... 

Crater Gold secures funding for PNG works programme

ASX-listed Crater Gold Mining has secured a $4-million unsecured loan facility with major shareholder Freefire Technology that will enable it to continue to advance its flagship Crater Mountain... 

Lucapa sells 4 126 ct parcel for A$9.6m

ASX-listed Lucapa Diamond Company sold 4 126 ct of diamonds, achieving proceeds of A$9.6-million at its eighth alluvial diamond sale for the year. Sold in conjunction with its partners, Empresa... 

Copper Mountain to acquire Altona in A$93m deal

TSX-listed Copper Mountain Mining Corporation (CMMC) on Monday announced that it would buy ASX-listed Altona Mining for A$93-million, giving the company access to the undeveloped Cloncurry copper... 

Sasol shareholders approve new R21bn BEE structure

Sasol Khanyisa, a R21-billion broad-based black economic empowerment (BBBEE) ownership structure, has been granted formal approval by Sasol shareholders. “We are delighted with this outcome as it...