Implats issues RFI for renewable energy to be wheeled to its South African sites

Platinum group metals miner Impala Platinum (Implats) has issued a request for information (RFI) to buy an unspecified volume of electricity, through wheeling from renewable energy sources, for its... 

Petra reports 6% y/y rise in second yearly diamond tender sales

Diamond miner Petra Diamonds sold 447 276 ct of diamonds for $61.3-million during its second tender for the 2023 financial year. Sales were up 6% year-on-year as a result of the final closure date... 

Tirupati’s Madagascan projects continue at full pace following reorganisation

Specialist graphite and graphene company Tirupati Graphite reports that its Madagascar-based Vatomina preconcentrate plant continues to operate uninterrupted and at nameplate ore feed capacity of... 

AfriTin buoyed by exploration of Namibia licence ML133

Tin miner AfriTin Mining is progressing with exploration of mining licence ML133, located about 35 km south-east of the company’s Uis mine in Namibia, having found thus far 13 m of mineralisation... 

WGC members paid $57.1bn to host economies in 2021

World Gold Council (WGC) member companies directly contributed $57.1-billion to host economies in 2021, says the WGC’s ‘Social and Economic Contribution of Gold Mining’ report that was released... 

PTM settles debt, narrows full-year net loss

TSX- and NYSE-listed Platinum Group Metals (PTM) continued its efforts to lower costs, but nonetheless incurred a net loss of $8.24-million for the financial year ended August 31 – a 37%... 

Jubilee achieves export-grade cobalt from Sable refinery

Aim- and Altx-listed metals processing company Jubilee’s Zambia-based Sable Refinery has successfully produced export-grade cobalt, enabling a ramp-up of operations. Sable has also successfully... 

Omnia sees further growth in targeted sectors, interim earnings up 30%

JSE-listed diversified chemicals producer Omnia grew its interim earnings before interest, taxes, depreciation and amortisation, excluding its Zimbabwean operations and impairments, by 30%... 

The Impact Catalyst launches in Mpumalanga

Large-scale, socioeconomic development initiative driver The Impact Catalyst was launched in Mpumalanga on November 21 to promote initiatives designed to leverage collaboration to deliver a... 

Corporate boards urged to stop regarding ESG as an ‘external threat’ driven by activists and shareholders

South African companies need to change how they view the factors of the environment, social impact and corporate governance, otherwise known as ESG, from that of a toxic external threat and to a... 

World Diamond Council proposal breaks Kimberley Process ratification impasse

A proposal by the World Diamond Council (WDC) managed to break an impasse at this year’s Kimberley Process (KP) meeting, in Botswana, during which a communiqué had to be ratified by consensus on... 

NUM to celebrate 40 years

The National Union of Mineworkers (NUM) will celebrate its fortieth anniversary at the old Peter Mokaba Stadium in Polokwane, Limpopo, on December 4. Established in 1982 in Klerksdorp (now... 

Northam tables ‘firm intention’ to acquire remaining RBPlat shares

JSE-listed platinum group metals (PGMs) miner Northam Platinum has announced its firm intention to acquire all remaining shares in fellow PGMs miner Royal Bafokeng Platinum (RBPlat) which it does... 

Council urges gold miners to plan further for climate change risks

A report by the World Gold Council (WGC) into climate change and gold finds that the gold sector will likely require more consistent and systematic planning and wider collaboration, including... 

Triple Flag reports stable third-quarter performance

TSX- and NYSE-listed gold-focused, emerging senior streaming and royalty company Triple Flag Precious Metals sold 19 523 gold-equivalent ounces (GEO) in the third quarter, down slightly from the 20... 

Aterian appoints new COO

Critical and strategic metal-focused explorer and developer Aterian has appointed Luke Rogers COO with effect from November 1. He has over 14 years of international mining experience – working... 

M&R Cementation appoints MD following incumbent's 2023 retirement

Underground mining contractor Murray & Roberts (M&R) Cementation has appointed Japie du Plessis MD designate, effective March 1, 2023, following the retirement of incumbent Mike Wells, who will... 

Petra says eastern wall of Williamson tailings dam breaches, teams on site

Diamond miner Petra Diamonds reports that an eastern wall of a tailings storage facility at its Williamson mine, in Tanzania, was breached earlier on November 7, resulting in flooding away from the... 

World Bank’s Malpass visits Komati power station after approving JET loan

Public Enterprises Minister Pravin Gordhan welcomed World Bank president David Malpass to State power utility Eskom’s Komati power station following the bank’s approval of a R9-billion... 

Drilling campaign expands Sanankoro resource

West Africa-focused gold explorer and developer Cora Gold, undertaking drilling at an exploration target that is part of its Sanankoro gold project, in Mali, reports that the target has the... 

October sees gold ETF uptick, despite six-month decline

The World Gold Council (WGC) reports that October data on gold exchange-traded funds (ETFs) points to market sentiment remaining “cloudy” as the commodity fell 12% from September, declining by 59 t... 

Buffalo Coal offers one-for-one rights offer to shareholders

AltX- and TSX-V-listed South African coal miner Buffalo Coal Corporation will offer rights to South African and Canadian holders of its common shares, on a one-for-one basis, at the close of... 

MC Mining completes A$40m rights offer

Aim-, ASX- and JSE-listed coal explorer, developer and miner MC Mining has successfully concluded a fully underwritten renounceable rights offer, raising its targeted A$40-million through the issue... 

Gemfields to auction 187 775 ct Kafubu emerald cluster

Gemstone miner Gemfields is set to put on auction the 187 775 ct (37 555 g) cluster of emeralds that was unearthed in the Chama pit of the miner’s 75%-owned Kagem emerald mine, in Zambia, in March... 

Stable third-quarter production pushes Gold Fields’ earnings higher

With an all-inclusive cost (AIC) of $1 279/oz and sustaining cost of $1 061/oz, JSE- and NYSE-listed Gold Fields produced 597 000 oz of gold in the third quarter ended September 30. CEO Chris... 

Rio Tinto Exploration to start Mt Cecelia drilling as farm-in partner

ASX-listed precious and base metals explorer, developer and producer West Wits Mining reports that farm-in joint venture partner Rio Tinto Exploration (RTX) has started a maiden drilling programme... 

Alstom accelerating hydrogen train development with key roll-out in Europe

Having spent about six years on developing a range of hydrogen fuel cell-powered trains, mobility solutions provider Alstom is accelerating its refinement and roll out of the zero harmful-emissions... 

Partnership formed to grow Gauteng on the Move initiative

The Gauteng Transport Authority (GTA) is partnering with the Council for Scientific and Industrial Research (CSIR) to broaden its ability to gather data on the public transport sector in Gauteng.... 

ESG perspective change urgently required to ensure sustainability

South African companies need to change how they view the factors of the environment, social impact and corporate governance, otherwise known as ESG, from that of a toxic external threat and to a... 

Rainbow progresses Phalaborwa with economic flowsheet, preliminary economic assessment

LSE-listed rare earth project developer Rainbow Rare Earths, which is developing its near-term Phalaborwa project, in South Africa, progressed with a programme of detailed test work at the project,... 

Key Montepuez personnel return to site, operations resume

Key operational personnel have returned to Gemfields’ majority-owned Montepuez Ruby Mining (MRM) operation in Cabo Delgado, Mozambique, and basic operations have resumed. Operational employees and... 

Kropz redefines Elandsfontein resource after encountering hard bank

Aim-listed emerging African phosphate producer and developer Kropz has remodelled its Elandsfontein mine resource after having encountered delays as a result of ore variability and... 

Barrick to use North Mara, Bulyanhulu as springboard into East Africa

NYSE- and TSX-listed gold and copper miner Barrick Gold is looking to expand its East African footprint based on its Tanzania-based North Mara and Bulyanhulu gold mines that are set to achieve... 

External factors weigh on RBPlat’s third-quarter performance

Despite an improvement in recoveries at its Maseve mine, platinum group metals miner Royal Bafokeng Platinum (RBPlat) recorded a 10.2% reduction in tonnes hoisted to 1.2-million tonnes and a 4.9%... 

Sodiam to host a rough diamond tender

Angolan State diamond marketing company Sodiam plans to hold a rough diamond tender in Luanda, Angola, with viewings to take place between October 24 and November 14 at Sodiam’s offices. The... 

Pensana positions Saltend to reap supply chain diversification rewards

Magnet metal and rare earths miner Pensana reports that the electric vehicle (EV) transition is forecast to become the largest energy transition in history and will require a significant proportion... 

Nickel to enter surplus by year-end – INSG

During an International Nickel Study Group (INSG) meeting between October 17 and 18, the group deduced that there would be negative growth in the stainless steel sector and that nickel will... 

Aura completes Tiris infill drilling with intent to upgrade mineral resource

ASX-listed uranium and polymetallic producer Aura Energy has completed air core drilling at the Tiris uranium project, in Mauritania, as its key objective this year in its efforts to deliver... 

Deep-South to start soil sampling at three Zambian Copperbelt prospects

TSX-V-listed copper explorer and developer Deep-South Resources is undertaking exploration work at its three newly-acquired large-scale copper exploration licences in the centre of the Zambian... 

SAAF inks deal with Saab to get Gripen fighters flying again

Military and defence technology company Saab has received a three-year support contract from the South African Air Force (SAAF) to ensure the latter’s Gripen fighter jets remain airworthy and...