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... 

Paramount delivers first Mwari multirole aircraft to overseas airforce

Pretoria-based aerospace and defence equipment manufacturer Paramount Aerospace Industries is set to deliver its first Mwari multi-role aircraft to an overseas air force on September 23, while... 

Ferroglobe floats plans to restart Polokwane silicon metal plant

London-based silicon metal, silicon-based alloys and manganese-based specialty alloys producer Ferroglobe has plans to restart its 55 000 t/y silicon metal facility in Polokwane, in South Africa.... 

Hwange Colliery suffers interim Z$3.97bn loss on back of foreign legacy debt

Despite a 52% increase in production and a 74% increase in sales for the six months to June 30, JSE-, ZSE- and LSE-listed Zimbabwe-based coal miner Hwange Colliery made a Z$3.97-billion loss in... 

Altlantic Lithium progresses Ewoyaa, increases cash

Aim-listed lithium explorer and developer Atlantic lithium, which is developing its Ewoyaa lithium project, in Ghana, incurred a loss after income tax of $34.65-million for the 2022 financial year... 

Construction sector’s value-add to economy edged up 4.1% in second quarter, Afrimax index shows

JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat reports that, compared with the first quarter of this year, the construction sector managed to increase the... 

Pension funds urged to play key role in transition to resilient economies on African continent

In an address at the Government Employees Pension Fund’s yearly Thought Leadership Conference on September 15, Finance Minister Enoch Godongwana said the “winds of change” have started to blow... 

Coastal communities call for greater consultation on oil and gas exploration

Large- and small-scale fishers and communities on the Wild Coast of South Africa request that, at the very least, more scientific research be done on the effects of exploration activities, and that... 

Amplats announces finalists for PlatAfrica design, manufacturing competition

As part of its ongoing strategy to grow the platinum jewellery market, platinum group metals (PGMs) miner Anglo American Platinum (Amplats) is hosting the twenty-third edition of South African... 

Katoro assessing potential new projects

Aim-listed gold and nickel explorer and developer Katoro Gold posted an operating loss of £640 372 for the interim period to June 30, an improvement on the loss of £783 710 reported for the first... 

Long-stop date of Implats’ offer for RBPlat extended to November 22

Platinum group metals (PGMs) miner Impala Platinum (Implats) has extended the long-stop date to its mandatory offer to acquire all outstanding shares it does not already own in fellow PGMs miner... 

Trade-off study points to merits of progressing to a scoping study at West Wits’ WBP

A preliminary trade-off study by independent consulting engineering firm Bara Consulting of various workstreams indicate that ASX-listed West Wits Mining’s Project 200 has merits for progressing to... 

Wits Mining Institute to host three-day technology seminar

The University of the Witwatersrand’s Mining Institute (WMI) is set to host a three-day seminar on mining technology, from September 27 to 29, on the theme of “Turning research curiosity into... 

Oriole completes Phase 4 Bibemi drilling with high-grade returns

West Africa-focussed explorer Oriole Resources has completed four phases of diamond drilling at its 90%-owned Bibemi gold project, in Cameroon, proving the existence of multiple gold-bearing,... 

Test work on Tantalex dump material reveals 6% lithium oxide in spodumene

CSE-listed exploration and development stage miner Tantalex Lithium Resources reports that heavy liquid separation (HLS) metallurgical test work on a 331 kg composite bulk sample from the K-dump at... 

Kore narrows interim loss, projects unaffected by major global detractors

LSE-listed potash developer Kore Potash posted an interim loss of $903 210 for the six months ended June 30, an improvement on the loss of $1.29-million for the six months ended June 30, 2021.... 

Surface miners can help tackle mounting waste problem – Aspasa

South African surface mines should “take the lead” and help find solutions to a mounting crisis of building rubble that threatens to overwhelm municipalities, suggests environmental consultant and... 

Thor Explorations drill-tests Sambara, Makosa prospects at Douta in Senegal

Initial drilling at Aim- and TSX-V-listed explorer Thor Explorations’ newly discovered Sambara prospect suggest it could potentially develop into a supplemental high-grade resource at the company’s... 

Rise in Limpopo illegal mining concerns portfolio committees

Limpopo is experiencing a surge in illegal mining activity, particularly in the Sekhukhune, Mopani, Capricorn and Waterberg districts, the Portfolio Committees on Mineral Resources and Energy,...