Amplats signs renewable energy offtake agreement with Envusa Energy

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has, through its wholly owned Rustenburg Platinum Mines (RPM) subsidiary, entered into a 20-year energy offtake agreement (EOA)... 

WFDB concerned about G7 proposal to restrict trade in Russian diamonds

The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the diamond and jewellery industry in presenting its concerns regarding the proposed Group of Seven (G7) restrictions... 

Minerals Council, HSRC to conduct survey into mining research, innovation investment

Minerals Council South Africa and the Human Sciences Research Council (HSRC) have signed a memorandum of understanding to conduct a survey to gain a comprehensive overview of the research,... 

BCG highlights challenges, opportunities amid energy transition

Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting... 

Pensana concludes term sheet for up to $156m in finance for Longonjo

London-listed rare earths project developer Pensana, through its 84%-owned subsidiary Ozango Minerais, which owns 100% of the Longonjo project, in Angola,  has concluded a nonbinding term sheet... 

Sovereign commissions sustainable farming initiative in Malawi

ASX- and Aim-listed titanium and graphite miner Sovereign Metals has commissioned a conservation farming programme, in Malawi, as part of the environmental, social and governance (ESG) obligation... 

Mintek celebrates 90-year anniversary with launch of new conference

As a tribute to its 90 years in existence, national mineral research council Mintek will host the Mintek@90 Conference, at the Sandton Convention Centre, from November 11 to 12. The conference will... 

Lotus to raise $30m to accelerate Kayelekera restart, Letlhakane development

ASX-listed Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors. The placement funds will enable Lotus to accelerate the... 

DMRE, IDC establish Junior Mining Exploration Fund

The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation of South Africa (IDC) have signed a memorandum of agreement officially establishing the Junior... 

Sylvania reports positive results despite lower PGM prices

Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower... 

SepFluor appoints new CEO, expects higher throughput

South African fluorspar producer SepFluor has appointed Hendrik Snyman to succeed Rob Wagner as CEO. Wagner stepped down as CEO on December 31, 2023, but will remain as an adviser to the company... 

Petra urges discipline among diamond producers to ensure balanced inventory levels

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 

Northam’s interim earnings impacted by commodity price decrease

With the decrease in commodity prices, earnings across the platinum group metals (PGMs) sector are under pressure. This will, consequently, constrain cash generation across the sector, resulting in... 

Tormin Mineral Sands faces production delays

Mining and development company Mineral Commodities’ (MRC’s) operations at the Tormin mine, in South Africa – held by the company’s 50%-owned subsidiary Mineral Sands Resources – has, so far,... 

Tulu Kapi stakeholders commit to proceed with project development

Following meetings with senior representatives of stakeholders for aim-listed Kefi Gold and Copper’s Tulu Kapi Gold project, in Ethiopia, at this year’s Investing in African Mining Indaba, all... 

HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 

Steelmakers turning to DRI amid transition

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 

Volt makes progress for much larger funding from US energy dept

Graphite producer and natural graphite anode developer Volt Resources says the US Department of Energy (DoE) has approved its concept paper for the ‘Integrated Production of Natural Graphite Anode... 

DFC announces new financing for Lobito Corridor

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 

AECI outlines new strategy as it celebrates centenary anniversary

JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its... 

Jubilee embarks on Zambia expansion strategy

Metals processing company Jubilee Metals aims to expand its operations in Zambia to produce an initial 25 000 t/y of copper. The strategy includes the expansion of Jubilee’s copper resource base... 

Amplats reports flat full-year refined output, warns of lower earnings

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has informed shareholders that it expects to report a 67% to 77% year-on-year decrease in headline earnings and headline earnings... 

Tim Schlick to succeed Huw Daniel as PGI CEO

Platinum marketing organisation Platinum Guild International’s (PGI’s) long-time CEO Huw Daniel will retire at the end of March, after 21 years with the organisation. Having started his tenure in... 

DMRE, IDC establish Junior Mining Exploration Fund

The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation of South Africa (IDC) have signed a memorandum of agreement officially establishing the Junior... 

Sampling confirms extensive gold at Tati project

London-listed exploration company Power Metal Resources reports that recent geochemical soil sampling assay results from the Tati gold project, in Botswana, have confirmed the presence of three... 

Spatial Dimension commences Angolan mining cadastre project

Land management solutions provider Spatial Dimension has started activities to implement its Landfolio solution for the Angolan government. Partnering with Angolan company OceanGeo SA, Spatial... 

Drilling projects successful despite challenges

Owing to quay walls that are starting to collapse and their requiring replacement, drilling company Geomech Africa was contracted to conduct offshore drilling at various South African ports from... 

Canmax agrees to carry-over of outstanding payments by Premier

Aim-listed Premier African Minerals reports that Canmax Technologies has agreed that $3-million owed to it by Premier be carried forward. The payments relate to Premier’s failure to deliver at... 

Sierra Rutile to suspend Area 1 operations, Sembehun receives ESHIA

The Environmental Protection Agency of Sierra Leone has approved the environmental, social and health impact assessment (ESHIA), the associated environmental, social and health management plan... 

Blencowe receives letter of interest from US International DFC

UK-headquartered graphite developer Blencowe Resources has received a formal Letter of Interest (LoI) from the US International Development Finance Corporation (DFC), in which the DFC has indicated... 

QRC notes increase in women working in mining

The number of women working in trade positions in Queensland’s resources sector jumped by almost 40% in the last financial year and now accounts for a record 13% of all trade roles, the Queensland... 

Multotec wins SACEEC Exporter of the Year Award

Mineral processing equipment supplier Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a turnover of... 

New ventilation shaft holes out safely

Underground mining contractor Murray & Roberts Cementation and its client Palabora Mining Company (PMC) this month celebrated the last blast at the new ventilation shaft at the Lift II project,... 

Firm uses Indaba to understand client needs

As a participant at this year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 5 to 8 – audit, tax and advisory services firm KPMG is... 

JSE punts incentives, facilitates capital flow

While the global energy transition has sparked a greater demand for critical minerals, access to capital and a lack of incentives have made it challenging for African mining companies to embark on... 

Mineralisation-defining products on show

International elemental analysis company Innov-X-Africa will exhibit products from its partners – technology solutions provider Evident, UK-based core analysis service provider Geotek and... 

Greening focus

Amid increasing emphasis on tackling climate change globally, mining companies have had to reassess their operational strategies to ensure the value-add of their sustainability objectives and... 

WiMSA exhibits as strategic Indaba partner

Nonprofit women in mining lobby organisation Women in Mining South Africa (WiMSA) will exhibit as a strategic partner with Women in Mining UK at this year’s Investing in African Mining Indaba – to... 

Bilateral discussions on challenges held

To help its mining clients navigate sector challenges, advisory and professional services firm Ernst and Young (EY) will host bilateral discussions at its V&A Waterfront office, in Cape Town, and... 

ESG for African miners – biggest risk, biggest opportunity

For the third consecutive year, advisory and professional services firm Ernst and Young’s (EY’s) ‘Mining Risks and Opportunities Study’ has revealed that, although environmental, social and...