Ergo’s R126m payment to municipality to reduce DRDGold’s cash

Gold mining company DRDGold’s subsidiary, Ergo Mining, will pay R126-million to the Ekurhuleni metropolitan municipality (EMM) to ensure continued electricity supply to Ergo, reducing DRDGold’s... 

Avocet completes Resolute sale

Aim-listed Avocet Mining has completed the sale of Resolute to the Balaji group of companies for $5-million. Completion of the sale was delayed three times, most recently until February 8. 

African Tantalum sends fourth tantalum shipment to customer

African Tantalum (Aftan) has sent the fourth shipment of high-purity tantalum from its Namibia Tantalite Investment mine to a North American tantalum consumer and end-user of tantalum ore. Aftan,... 

Magnis-linked consortium buys equipment for lithium-ion battery factory

ASX-listed Magnis Resources has reported that Imperium3 New York (IM3NY) placed the winning bid for the acquisition of second-hand lithium-ion battery manufacturing equipment currently located in... 

Alba secures further exploration licence in Greenland

Aim-listed Alba Mineral Resources has been granted a mineral exploration licence in the Inglefield Land region of north-west Greenland. Inglefield Land is close to Alba's existing Inglefield... 

MCA says trade data underscores mining’s importance to Australian economy

Trade data from the Australian Bureau of Statistics released this week has again confirmed the importance of the mining industry to the Australian economy and the continuing benefits of the mining... 

Antam’s ferronickel output and sales hit record

Indonesian diversified miner Aneka Tambang (Antam) has reported positive production results and sales of its main commodities in 2017, with high ferronickel production and sales volumes hitting an... 

South African businesses urged to learn from Japanese production methodologies

Deputy Labour Minister Patekile Holomisa has urged South African companies to take advantage of Productivity South Africas’s (SA’s) Enterprise Support Programme to elevate their productive... 

SA pulp and paper group moves to consolidate dissolving pulp leadership

Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South... 

Xtract concludes new mining contractor agreement for Manica

Aim-listed Xtract Resources’ wholly-owned Mozambican subsidiary Explorator Limitada has concluded a new mining contractor agreement with Omnia for the exploitation of alluvial gold deposits at its... 

Mining production output weakened in December – Nedbank

Growth in mining production slowed 0.1% year-on-year in December from 6.5% in November, according to a recent report released by Nedbank. The easing was mainly owing to declines in the production... 

Thor Mining’s ASX shares in trading halt

Aim- and ASX-listed Thor Mining’s shares have been placed in a trading halt on the Australian bourse, pending a resource announcement on the Kapunda copper project, north-east of Adelaide, in which... 

Triton signs term sheet with Chinese firm for Ancuabe graphite

ASX-listed Triton Minerals has signed a five-year offtake agreement to supply China-based Qingdao Tianshengda Graphite with graphite from the Ancuabe project, in Mozambique. The agreement is... 

Armadale’s Mahenge Liandu resource upgraded

The resource at Aim-listed Armadale Capital’s Tanzania-based Mahenge Liandu graphite project has been upgraded to 51.1-million tonnes, at 9.3% total graphitic carbon, following an infill drilling... 

Tanzania lays down the law on local participation in mining sector

The mining industry in Tanzania is adopting a wait-and-see approach following the government’s sweeping changes to mining regulations, aimed, in part, at ensuring sovereign ownership of the... 

Mining firms encouraged to garner greater support from host communities

With the global tendency towards more-stringent transparency regulations, mining companies must do more to garner the public’s support in the countries in which they operate. This is according to... 

Paladin on track to relist on the ASX

Uranium miner Paladin Energy on Wednesday said it had not received an appraisal notice from China National Nuclear Corporation (CNNC) Overseas Uranium Holdings (COUH), regarding the purchase of... 

2018 presents best prospects in a decade for African mining – Standard Bank

Sustained commodity price growth and reduced costs are likely to present Africa’s mining sector with the best prospects in over a decade. “The centrality of mining to the development of the... 

Maiden resource for Orion’s Prieska project

The maiden mineral resource for dual-listed base metals company Orion Minerals’ Prieska zinc/copper project has exceeded expectations. The company on Monday announced a maiden mineral resource of... 

Glenover signs heads of agreement for potential offtake deal

Aim-listed Galileo Resources’ 36%-owned Glenover Phosphate subsidiary has signed a heads of agreement for a potential offtake deal with an undisclosed major phosphate and fertiliser producer. Under... 

Trade expectations improve – Sacci

Amid an improving business mood, the South African Chamber of Commerce and Industry’s (Sacci’s) latest Trade Conditions Survey for December saw the Trade Expectations Index (TEI) for the next six... 

Start-up competition

Start Up Energy Transition (SET), an international platform promoting innovation in energy transition, is accepting applications for global start-ups to pitch in Berlin, at the SET Tech Festival,... 

Stratex appoints new CEO, provides strategy update

Aim-listed Stratex International on Thursday named Tim Livesey its CEO and provided an update on the company’s future strategy, following the failed takeover of Brazil-focused Crusader Resources... 

Pangolin starts drill programme at Botswana diamond projects

TSX-listed Pangolin Diamonds has started a drill programme at its wholly-owned Malatswae and Moenyenana diamond projects, in Botswana. Drill results are expected to be announced by the end of the... 

Ivanhoe notes possible changes to DRC mining laws

TSX-listed Ivanhoe Mines has taken note of proposed changes to the mining code in the Democratic Republic of Congo (DRC). Lawmakers in the DRC have reportedly voted in favour of new mining laws... 

Orvana appoints interim CEO

Gold and copper miner Orvana Minerals Corp has appointed Juan Gavidia as interim CEO, effective immediately. He will succeed chairperson and CEO James Gilbert, who has resigned. 

Erin Energy discovers hydrocarbons at Nigeria well

JSE-listed Erin Energy has completed drilling of its Nigeria-based Oyo-NW well and, based on preliminary evaluation, has discovered hydrocarbons in the Miocene formation. The well is located about... 

Avocet again delays sale of Resolute

The completion of the sale of Aim-listed Avocet Mining’s Resolute Mining subsidiary to Balaji Group has been delayed again, this time to February 8. Completion of the sale was initially expected to... 

Testwork confirms DMS applicability at Cradle Arc’s Botswana copper mine

An independent test report from inspection, verification, testing and certification company SGS South Africa, has detailed grading analysis sampling results and confirmed the applicability of dense... 

Edenville to start mining at second Rukwa deposit

Mining operations are proceeding as planned at Aim-listed Edenville Energy’s Rukwa-coal-to-power project, in Tanzania, with high-quality, near-surface coal being extracted from the Mkomolo deposit.... 

Afarak to delist from Helsinki Stock Exchange

Aim-listed Afarak has received a request from Kermas Resources, which holds 26.90% of the company's shares and votes, to delist from the Helsinki Stock Exchange as soon as it practically can.... 

Pan African considers buying some of ASA's assets

JSE- and Aim-listed Pan African Resources has entered into exclusive negotiations with the joint administrators of ASA Resource Group with a view to acquiring some of its assets and liabilities.... 

Atlatsa appoints interim CFO

JSE- and TSX-listed Atlatsa Resources has appointed Shireen Stow interim CFO, effective February 1. She will succeed acting CFO Reinhardt van Wyk, who has resigned. 

Higher chrome, ferrochrome prices to boost Merafe’s FY17 headline earnings

Higher chrome ore and ferrochrome prices have contributed to significant improvements in Merafe Resources’ headline earnings for the 2017 financial year. The company, which will publish its results... 

Scoping study at Armadale’s Tanzanian graphite project on schedule for Q1 completion

Aim-listed Armadale Capital is hoping to publish an upgraded mineral resource estimate for its Mahenge Liandu graphite project, in Tanzania, by the end of February. “We believe [the upgraded... 

Anglo to sell New Largo assets to Seriti, partners for R850m

LSE- and JSE-listed Anglo American is making further progress with its strategy of disposing of its Eskom-tied coal assets, announcing on Monday that it will sell its New Largo thermal coal assets,... 

Avocet defers sale of Resolute to January 30

The completion of the sale of Aim-listed Avocet Mining’s Resolute Mining subsidiary to Balaji Group has been deferred by five days to January 30. Avocet in December announced that it had entered... 

Amplats’ sale of Union mine, MASA Chrome to Siyanda to conclude on Feb 1

Platinum miner Anglo American Platinum (Amplats) has completed the necessary conditions relating to the sale of its 85% interest in the Union mine and its 50.1% interest in MASA Chrome Company, by... 

Rwanda, Mauritius get funding for solar PV projects

The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) announced this month that $25-million in concessional loans from ADFD have been earmarked for solar... 

JRA to upgrade Soweto bridge

The Johannesburg Roads Agency (JRA) has started the R37-million reconstruction of the Bridge road bridge over Klipspruit river, in Soweto, owing to overtopping during heavy rainfall. “[The] bridge...