Transnet welcomes R51bn guarantee facility

State-owned Transnet has welcomed Transport Minister Barbara Creecy’s announcement of a R51-billion government guarantee facility to support its sustainability and long-term growth. Creecy this... 

Sovereign signs power supply MoU

ASX-listed Sovereign Metals has entered into a nonbinding memorandum of understanding (MoU) with the Electricity Supply Corporation of Malawi (ESCOM) to ensure the long-term supply of electricity... 

Steenkampskraal mine initiates site refurbishment, on-site laboratory construction

Rare earth minerals miner Steenkampskraal Monazite Mine (SMM) has launched a new phase of its development, with the start of construction on a new on-site laboratory and a comprehensive... 

Giyani ships battery-grade manganese to potential offtakers

TSX-listed Giyani Metals has made the first shipment of high-purity manganese oxide (HPMO) samples, from its demonstration plant in Johannesburg, to multiple potential offtakers for testing and... 

Grizzly emerald auction generates $24.8m in revenue

Rough emerald producer Grizzly Mining generated revenue of $24.8-million from its latest international emerald auction held in Dubai, in May. The auction included medium- to high-grade rough... 

Global centre launched to tackle global mining, quarrying safety challenges

Lloyd’s Register Foundation, the global safety charity, has launched its new Global Safety Evidence Centre, backed by a £15-million investment over ten years.   

Canyon shareholder to invest further $24.5m for bauxite project development

ASX-listed Canyon Resources has received notice that a major shareholder Eagle Eye Asset Holdings (EEA) intends to exercise 350-million options, providing a $24.5-million investment in Canyon for... 

Tharisa warns of lower interim earnings

South African- and London-listed Tharisa expects its basic earnings per share (EPS) for the six months ended March 31 to be between $0.02 and $0.03 a share. This is a decrease of 76.6% to 84.3%... 

Jobs Fund to back South Africa’s green, informal enterprises

The Jobs Fund has launched a new funding round aimed at supporting innovative solutions that address critical employment barriers in South Africa’s green and informal economies. Previous funding... 

SA manufacturers mull ways to navigate fast-changing global trade environment

The South African manufacturing sector continues to face pressures associated with weak domestic growth and infrastructure backlogs, which are being exacerbated by intensifying global headwinds... 

West African Resources begins mining, crushing at Kiaka

ASX-listed West African Resources says construction of the Kiaka gold project, in Burkina Faso, continues to progress on time and on budget for first gold production in the third quarter of this... 

Reserve Bank approvals nudge Neo Energy’s Beisa uranium buyout forward

The South African Reserve Bank (SARB) has granted key approvals needed for Neo Energy Metals subsidiary Neo Uranium Resources South Africa (Nursa) to acquire the Beisa uranium project from... 

Exxaro strengthens diversification through R11.67bn acquisition of manganese assets

JSE-listed Exxaro Resources has entered into binding agreements to acquire shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings in a "transformational" R11.67-billion... 

De Beers, Raizcorp welcome new cohort to diamond beneficiation project

De Beers Group, in partnership with business incubation company Raizcorp, has launched the third intake of the Enterprise Development Project for Diamond Beneficiators, aimed at supporting and... 

Ivanhoe’s mining crews enter Flatreef orebody after 30 years of efforts

TSX-listed Ivanhoe Mines executive co-chairperson Robert Friedland and president and CEO Marna Cloete have reported that mining crews have driven underground development into the high-grade... 

WFDB supports call on US for natural diamond tariff exemption

The World Federation of Diamond Bourses (WFDB) says it stands united with the industry-wide position to request that the US government grant a tariff exemption for natural diamond imports. The WFDB... 

Steenkampskraal mine fully funded to proceed with next phase

The Steenkampskraal Monazite Mine (SMM), in the Western Cape, is now fully funded to advance its reclamation, refurbishment and laboratory operations, with funding negotiations far advanced to... 

Barrick's earnings rise on higher gold price; strategic growth objectives on track

TSX-listed Barrick Mining Corporation has reported a solid start to the financial year, with first-quarter earnings a share up 59% year-on-year, and says it is making significant headway on its... 

Afema project’s resource grows by over 40% to 3.55Moz of gold

ASX-listed Turaco Gold has reported an updated independent Joint Ore Reserve Committee- (Jorc-) mineral resource estimate (MRE) of 3.55-million ounces for the Afema project, in southeastern Côte... 

Panellists highlight challenges, opportunities in localising manufacturing

Import tariffs announced and, in some instances implemented, by US President Donald Trump have contributed to significant changes to global trade and pose significant challenges for the South... 

Ivanhoe expects Kamoa-Kakula to report record copper output for April

TSX-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), is set to report record production for April, achieving about 50 000 t of copper in concentrate,... 

Hainan provides up to $15m loan facility for Kodal’s Bougouni project

Mineral exploration and development company Kodal Minerals says Hong Kong Xinmao Investment (HKXI), a wholly owned subsidiary of Hainan Mining Co, has entered into a loan agreement with Kodal... 

Xtract Resources reports continued high-grade copper and silver intercepts at Silverking

Aim-listed Xtract Resources chairperson Colin Bird says the latest assay results from drilling at the Silverking copper project, in Zambia, have doubled the strike extent of the high-grade... 

Gemfields reports improved results from commercial quality Emereld auction

Aim-listed Gemfields has recorded revenue of $16.4-million from an auction of commercial-quality rough emeralds recovered from its 75%-owned Kagem mine, in Zambia. For the auction, held in Jaipur,... 

RfP issued for Cape Town port liquid bulk terminal operator

South Africa’s State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a liquid bulk terminal operator for the handling of edible oils... 

Panellists highlight challenges, opportunities in localising manufacturing

Import tariffs announced and, in some instances implemented, by US President Donald Trump have contributed to significant changes to global trade and pose significant challenges for the South... 

R31.5bn Suiso coal-to-fertiliser project moves closer to environmental, land-use milestones

Blue ammonia production company Suiso’s R31.5-billion coal-to-fertiliser project, the Hiryo plant, in Kriel, Mpumalanga, continues to gain momentum with the recent achievement of critical... 

Commercial production gains momentum at Firering’s Limeco project

Aim-listed Firering Strategic Minerals has reported significant progress in the commercial ramp-up of its Limeco quicklime project, in Zambia, noting that the project is well-positioned to become a... 

Lotus advances Kayelekera towards third-quarter production

Refurbishment and restart works at ASX-listed Lotus Resources’s Kayelekera uranium project, in Malawi, continue to progress as planned, with first uranium production on track for the third quarter... 

Caracal appoints new nonexec directors, chairperson

Aim-listed Caracal Gold has appointed Noreen Kidunduhu as its new independent nonexecutive chairperson and Kevin Warrington, Martin Westerman, Hannah Wang'ombe and Edward Ruheni as independent... 

RareX, Iluka establish consortium to develop project in Kenya

ASX-listed RareX has entered into a consortium agreement with Australian miner Iluka Resources to apply for the Mrima Hill rare earth/niobium/phosphate/manganese project licence, in Kenya. RareX... 

Kavango secures $5m from Zimbabwe pension funds

London-listed Kavango Resources has issued a $5-million convertible loan note facility to a consortium of Zimbabwe-registered pension funds. The company notes that the facility is interest free and... 

Sibanye-Stillwater, partners celebrate 89 MW wind farm reaching commercial operation

The 89 MW Castle Wind Farm, a facility dedicated to supplying renewable energy to multinational mining and metals processing group Sibanye-Stillwater’s South African operations, has achieved... 

De Beers, Raizcorp welcome new cohort to Enterprise Development Project for Diamond Beneficiators

De Beers Group, in partnership with business incubation company Raizcorp, has launched the third intake of the Enterprise Development Project for Diamond Beneficiators, aimed at supporting and... 

GoviEx advances Muntanga uranium project with submission of draft ESIA

TSX-listed GoviEx Uranium has filed a draft environmental- and social-impact assessment (ESIA) with the Zambian Environmental Management Agency (Zema) for the advancement of its Muntanga uranium... 

Testwork confirms high recoveries of magnet metals at Harena’s Madagascar REE project

London-listed Harena Resources says metallurgical test results have confirmed that ionic clay-hosted rare earth elements (REEs) can be efficiently recovered from its 75%-owned  Ampasindava project,... 

Jubilee lifts chrome, PGM output guidance on strong operational results in South Africa

Aim-listed Jubilee Metals has reported a strong nine months to March 31 for its South African operations, putting the division on track to exceed performance targets for the financial year to end... 

Mbe gold project delivers further gold mineralisation – Oriole

Aim-listed Oriole Resources has reported that the maiden – Phase 1 – drilling programme at MBO1-S on the company’s 90%-owned Mbe orogenic gold project, in Cameroon, is about 44% complete for a... 

Drilling continues to return strong results at Wia’s Namibia project

ASX-listed Wia Gold has reported positive assay results for 29 reverse circulation (RC) drillholes and four diamond drillholes, totalling 7 414 m, at its Kokoseb gold project, in Namibia. The... 

MC Mining continues positive momentum in governance

JSE-, ASX- and Aim-listed MC Mining has appointed Wang Lanlan (Lily) and Dr Huoxin Wang (Hevin) as nonexecutive directors, following the resignation of nonexecutive director An Chee Sin from the...