Robex, Taurus sign financing deal to progress Kiniero gold project

West African gold producer and developer Robex Resources has appointed Australian-based fund management firm Taurus Mining Finance Fund No.2 as exclusive arranger for a funding package of up to... 

Kore updates DX project’s metrics

Potash developer Kore Potash has updated the Joint Ore Reserves Committee-compliant mineral resource, ore reserve, prefeasibility study (PFS) information and production target for its 97%-owned DX... 

Perseus exceeds 2022 production guidance

Africa-focussed gold producer Perseus Mining exceeded its 2022 gold production guidance of between 492 850 oz and 517 850 oz, and produced 521 221 oz at an all-in sustaining cost (AISC) of $941/oz.... 

Orom-Cross definitive feasibility study assigned to CPC Engineering

Graphite, nickel and copper developer Blencowe Resources has engaged engineering firm CPC Engineering to lead, deliver and sign off on the definitive feasibility study (DFS) for its Orom-Cross... 

Explorer appointed for Kinusi copper prospect

Africa-focused miner and developer Marula Mining has appointed exploration and mining services company Geofields Tanzania to explore for copper at the Kinusi copper project, in Tanzania, starting... 

Botswana Diamonds completes Marsfontein construction

LSE-listed diamond developer and miner Botswana Diamonds has completed construction of its Marsfontein alluvial project, in Limpopo, South Africa, and has started stripping of the overburden... 

Capital achieves revenue growth again, expands its drilling fleet

London-listed mining services company Capital increased its 2022 revenue by 28% year-on-year to $290.3-million, slightly ahead of the upper end of its revised guidance of between $280-million and... 

GoviEx to sell Mali subsidiary to AEM

Uranium explorer and developer GoviEx Uranium has entered into a $5.5-million agreement with African Energy Metals (AEM) for the latter to acquire all of the issued and outstanding shares of... 

Transparency-boosting Battery Passport proof-of-concept launched at Davos

Multistakeholder organisation the Global Battery Alliance (GBA) launched a proof-of-concept for its Battery Passport at the World Economic Forum’s yearly meeting in Davos, Switzerland, on January... 

High-grade results follow exploration at Yaouré gold mine

Ongoing exploration at gold miner Perseus Mining’s Yaouré gold mine, in Côte d’Ivoire, has returned high-grade results from CMA Northwest and CMA North targets, down dip from the recently announced... 

Galileo buoyed by encouraging prospecting at Shinganda

Diversified explorer and developer Galileo Resources reports that nine angled diamond drill holes, the assaying of which has been completed, at its Zambia-based Shinganda outcrop prospect confirm a... 

UK, Saudi Arabia to deepen critical minerals collaboration

UK Business Secretary Grant Shapps agreed, on January 11, to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, demonstrating the UK government’s ambitions for... 

BlueRock ramps up waste stripping

Aim-listed diamond producer BlueRock Diamonds reports that waste stripping increased in December as mining activities at its Kareevlei diamond mine, in Kimberley, South Africa, returned to normal... 

Buffalo Coal settles R32.58m loan

JSE- and TSX-V-listed South African coal producer Buffalo Coal Corporation settled its outstanding loan facility of R32.58-million with Investec Bank as of January 12, including interest along with... 

Caracal seeking a new chairperson

East African gold producer Caracal Gold reports that its nonexecutive chairperson Simon Thomas has resigned with immediate effect as of January 13. The miner notes that it is in “advanced... 

1.4 MWh battery arrives in Australia for testing on 240 t mining haul truck

Battery and vehicle controller system WAE Technologies has completed and delivered to Australia the largest battery of its kind, ready to be installed in a 240 t prototype zero-emission... 

Research team develops plans to use old mines as power generating plants

An international team of researchers have developed a method to store kinetic energy, which can later be converted to electrical energy, using decommissioned underground mines. The Underground... 

Orom-Cross graphite sample export greenlighted by Uganda government

Graphite, nickel and copper developer Blencowe Resources has received approval from the Ugandan Ministry of Energy and Mineral Development to export materials from its Orom-Cross graphite project... 

Gold posts marginal gain in 2022, up 3% in December – WGC

A 3% gain in December, owing to a weaker dollar, took the value of gold to $1 814/oz, resulting in a year-on-year gain of 0.4% – something the World Gold Council (WGC) says looked unlikely to many... 

Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows

If Africa is able to exploit its solar potential and produce 50-million tonnes of green hydrogen a year by 2035, the continent will be able to create jobs, decarbonise heavy industry, enhance... 

Jupiter overcomes third-quarter challenges that dented production, sales

Several issues, including contractor drill rigs and a strike by employees of South African rail and ports operator Transnet, negatively impacted on the production of ASX-listed Jupiter Mines’... 

Ironveld’s ferrochrome furnace acquisition purchase agreements agreed, signed

Iron, vanadium and titanium miner Ironveld reports that its purchase of Rustenburg-based Ferrochrome Furnaces is progressing, with all material underlying agreements required under a debt purchase... 

Sigma starts Greentech plant commissioning on time, within budget

Sigma Lithium has started commissioning the first module of the Phase 1 production plant – the Greentech Plant – at its 100%-owned Grota do Cirilo project, in Minas Gerais State, Brazil, on... 

loneer a step closer to Rhyolite Ridge construction

Emerging lithium-boron supplier Ioneer reports that its Rhyolite Ridge lithium-boron project in Esmeralda County, Nevada, has advanced into the final stage of federal permitting with the decision... 

PIC lifts stake in Afrimat to 15.48%

The Public Investment Corporation (PIC) has increased its shareholding in JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat to 15.48%. The Afrimat group... 

Kazera inks deal to sell African Tantalum to Hebei Xinjian

Aim-listed investment company Kazera Global has signed a definitive agreement to sell its 100% interest in African Tantalum (Aftan) to Hebei Xinjian Construction (Xinjian) for $13-million. The sale... 

Global commodities market volatility to ease in 2023 after disruptive 2022 – ERG

As a result of short-term price drivers, such as the ongoing Covid-19 lockdowns in China, monetary policy in the US and the fallout from the energy crisis caused by Russia’s invasion of Ukraine,... 

Ur-Energy expands triuranium octoxide delivery to 600 000 lb/y

Uranium miner Ur-Energy has expanded the quantity of product to be delivered under a sales agreement concluded in August to 600 000 lb/y of triuranium octoxide, plus or minus a small optional flex,... 

High flow, record grade lithium found during Tolillar exploration – Alpha Lithium

Lithium developer Alpha Lithium reports it has found record-grade lithium concentrations and significant flowrates from the latest production well – WBALT15, which was recently drilled within the... 

Tirupati says will not take on external debt as a result of Suni Resources deal

Specialist graphite and graphene company Tirupati Graphite has clarified that it will not be taking on any external debt with its A$12.5-million acquisition from Battery Minerals (BM) of 100% of... 

Manono tailings amenable to low-cost, simple mining – Tantalex

Canadian junior explorer Tantalex Lithium Resources has declared a maiden mineral resource estimate of 5.46-million tonnes of lithium oxide at a grade of 0.72% in the measured and indicated... 

Metso Outotec to provide soda pressure leaching technology for Keliber refinery

Diversified metals miner Sibanye-Stillwater’s lithium mining subsidiary Keliber has partnered with technologies, services and solutions company Metso Outotec to provide its sustainable soda... 

Kropz CEO, COO agree to stay on until successors appointed

Emerging African phosphate producer and developer Kropz reports that outgoing CEO Mark Summers and COO Michelle Lawrence have agreed to remain in their positions until the company concludes a... 

Metallurgical tests point to reduced energy costs for Hallcreek rare earths project

ASX-listed explorer American Rare Earths reports that the results of recent metallurgical tests on its Halleck Creek rare earths project, in Albany County, Wyoming, in the US, indicate the... 

Ero Copper doubles credit facility to $150m

TSX- and NYSE-listed copper producer Ero Copper has amended its existing senior secured revolving credit facility from $75-million to $150-million and extended the maturity thereof from March 2025... 

Harmony finalises Eva Copper acquisition

JSE-listed gold miner Harmony Gold reports that its acquisition of the Eva Copper project from Copper Mountain Mining Corporation, has been finalised, with the R3-billion ($170-million) payment due... 

Partnership formed to use Boliden’s low-carbon copper in ABB’s electric motors

Engineering company ABB is partnering with Swedish mining and smelting company Boliden to use low-carbon copper in the production of its electromagnetic stirring (EMS) equipment and high-efficiency... 

Johannesburg-based high-purity manganese sulphate demo plant progressing – Giyani

Manganese project developer Giyani Metals Corporation reports that the construction of its demonstration plant in the north-west of Johannesburg, in South Africa, is progressing, with engineering... 

LBMA launches second version of Global Precious Metal Code

The London Bullion Market Association (LBMA) has launched the second version of its Global Precious Metal Code, which sets out the minimum standards and best practice expected from market... 

Diversification of critical minerals supply chain key to sustainability of energy transition – Pensana

The UK needs to establish independent, sustainable and resilient supply chains to diversify its sourcing of critical minerals and reduce dependence on such minerals being sourced from China, said...