FQM invests A$15.2m in Prospect Resources

Copper producer First Quantum Minerals (FQM) has announced a strategic investment in Australia-based battery and electrification metals developer Prospect Resources. Prospect’s principal focus is... 

URU completes airborne survey over Zebediela

Aim-listed exploration and development company URU Metals has announced the completion of a high-resolution airborne geophysical survey over its Zebediela project area, in South Africa, conducted... 

Copper Mark awarded to two of Glencore’s DRC operations

Diversified miner Glencore’s two operations in the Democratic Republic of Congo (DRC) – Kamoto Copper Company (KCC), a joint venture with Gécamines and the DRC government, and Mutanda Mining... 

Kamoa-Kakula significantly increases imported hydroelectric power to start up new smelter

TSX- and OTCQX-listed Ivanhoe Mines’ joint venture (JV) Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), has reached a major turning point following a significant increase in... 

Precious metals unable to avoid wide-ranging sell-offs amid Trump tariffs

Although precious metals dodged the reciprocal import tariffs that US President Donald Trump announced last week, they were unable to avoid the wide-ranging sell-off that hit most assets, Heraeus... 

Trump tariff policies likely to extend beyond his term, analysts say

Following the announcement by US President Donald Trump on April 2 that South Africa would be subjected to 30% tariffs on its exports to the US, banker and academic Colin Coleman has said there is... 

Despite cautionary indicators, platinum price will rise within a year, analyst says

Although the global economic and industrial “dashboard is littered with red and yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are... 

Mantashe lauds opening of Seriti’s Naudesbank Colliery, insists coal mining remains critical

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 

SABS investigation continues amid unsettling allegations of mismanagement

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 

Despite strong headwinds, Sibanye-Stillwater’s Stewart remains bullish on PGMs' future

Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the... 

Tau worried about US tariff impact on South African products

Although the announcement of a 30% tariff on all exports from South Africa to the US could have a serious impact on the platinum group metals (PGMs) sector, Trade, Industry and Competition Minister... 

Critical Metals’ immediate goal is to get funding for further drilling at Molulu

Investment company Critical Metals has said its immediate priority is to secure the necessary funding to restart diamond drilling and exploration activities at its 70%-owned Molulu copper project,... 

Kazera poised to begin receiving operational cash flows in the coming weeks

Aim-listed investment company Kazera Global is poised to begin receiving operational cash flows from both its heavy mineral sands (HMS) and diamond projects in the coming weeks, the company said on... 

Merafe offers revised approach to disaggregation of group revenue by region

JSE-listed Merafe Resources has revised its regional revenue disclosure format for ferrochrome and chrome ore following an engagement with the JSE regarding the proactive monitoring review process.... 

Eastplats reports significant losses for 2024

TSX- and JSE-listed Eastern Platinum (Eastplats) has reported losses for the 12 months and fourth quarter ended December 31, 2024. Revenue for the fourth quarter decreased by 44.3% to $17-million... 

Andrada reports processing improvements in quarterly update

Aim- and OTCQB-listed tin producer Andrada Mining's ongoing continuous improvement programme has resulted in processing rates reaching 141 t an hour, the highest level in the past five quarters,... 

Exoskeleton testing for underground mining yields positive results

Exoskeletons are currently being tested for their effectiveness in barring at one of Sibanye-Stillwater’s operations as part of the Fall of Ground Action Plan (FoGAP), with positive results so far.... 

Swanepoel rubbishes claims that South Africa's mining industry is on the decline

The South African mining industry is not on its last legs, Manganese Metal Company chairperson and Zimplats and Impala Platinum nonexecutive director Bernard Swanepoel has insisted. Speaking at the... 

Nedlac announces consensus on 47 labour law reforms

Negotiations between organised business, organised labour and government, led by the Department of Employment and Labour (DEL), on a substantive labour law reform process have now concluded. The... 

Akobo achieves first revenue-generating quarter

Euronext- and Frankfurt-listed Akobo Minerals reported its first revenue-generating quarter, with an income of SKr10.6-million for the fourth quarter of 2024, not including 2.3 kg gold produced in... 

Capital reports more than 50% decline in EPS in a ‘year of transition’

London-listed mining, drilling, maintenance and geochemical analysis solutions provider Capital has reported a 53.5% year-on-year decline in basic earnings per share (EPS) to $0.089 in 2024, from... 

African exporters to face market challenges as EU expands Carbon Border Tax

Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The... 

Suiso, CGS launch joint programme to investigate carbon capture potential

Blue ammonia production company Suiso and the Council for Geoscience (CGS) have entered into a collaboration to research South Africa’s subsurface potential for carbon capture and green hydrogen... 

We do not want to compete with steel, we want to replace it, GFRP Tech CEO says at facility launch

Structural reinforcement materials manufacturer GFRP Tech has opened a new research and development (R&D) and manufacturing facility in Linbro Park, Sandton. The facility – the result of... 

Net-zero strategies cannot succeed without breaking down silos – consultant

It is important for any company starting its journey towards net-zero or even-zero emissions to understand that, for a sustainability strategy to hold any water, the business needs to break down... 

Updated study on Jelani Resources project under way

Aim- and OTCQB-listed gold exploration and development company Lexington Gold’s joint venture (JV) Jelani Resources has engaged Bara Consulting to conduct an updated study on the Jelani Resources... 

Mantashe lauds opening of Seriti's Naudesbank Colliery, insists coal mining remains critical

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 

We must adapt to permanently 1.5 ºC warmer climate, scientist says

Global warming has not only surpassed 1.5 ºC above preindustrial levels but is also set to remain at or above that level permanently, University of the Witwatersrand Professor Francois Engelbrecht... 

Nersa approves generation capacity charge, sets out other retail tariff plan changes

The National Energy Regulator of South Africa (Nersa) has approved, in principle, power utility Eskom’s application for a proposed generation capacity charge (GCC),  but adjusted to reduce the... 

Gauteng heavy equipment manufacturing sector has not reached its full potential, Maile says

After visiting manufacturing and engineering company JA Engineering’s facilities in Boksburg, Ekurhuleni, on March 13, Gauteng Finance and Economic Development MEC Lebogang Maile said he was upbeat... 

NUM worried about ‘possible bloodbath of job losses’ on multiple fronts

The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of... 

CCC appoints security head, compliance officer

Copper producer Consolidated Copper Corp (CCC) has appointed Tim Flynn as group security head and Robert O’Neill as chief compliance officer to support the company’s operations and growth in... 

Capital board makes noncash provisions, impacting 2024 profits

London-listed mining services company Capital’s board has taken the decision to book noncash provisions in 2024, primarily relating to historical value-added tax receivables and various laboratory... 

DMRE denies allegations that it is ignoring claims of illegal sugilite mining

The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal... 

Critical Mineral Resources secures £2.5m investment

London-listed Critical Mineral Resources (CMR) has signed an investment agreement with Gilini Holdings for the provision of £2.5-million in funding to be used for project acquisitions, expanding... 

Neo Energy formalises acquisition of Henkries South

Uranium developer Neo Energy has signed the formal legal documentation for its acquisition of the Henkries South uranium project, which is located in the administrative district of Namaqualand, in... 

Exxaro warns shareholders to expect disappointing 2024 earnings amid cost pressures

JSE-listed Exxaro Resources has warned shareholders that its headline earnings per share for the year ended December 31, 2024, are expected to have decreased by between 30% and 44% year-on-year to... 

New single structure to be established to govern State participation in PPPs

A single structure overseen by the National Treasury will be established during the 2025/26 fiscal year to coordinate State participation in project preparation and planning, public-private... 

Rehabilitation efforts at Sovereign Metals’ Kasiya progressing well

The rehabilitation of the land at the test pit site mined during triple-listed Sovereign Metals’ pilot mining and land rehabilitation programme at its Kasiya rutile/graphite project, in Malawi, has... 

PIC raises its stake in Pan African Resources to more than 12%

The Public Investment Corporation (PIC) has increased its shareholding in JSE- and Aim-listed Pan African Resources from 9.98% to 12.39% as at March 4. The PIC now owns about 251.49-million shares...