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Darren Parker is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
Thor reports lower revenue, profits for 2023
Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023....
Collaboration crucial to ensuring PGM industry’s success
Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner...
Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive
An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant...
Diamond council urges industry to transition to revised System Of Warranties urgently
The World Diamond Council’s (WDC’s) revised System of Warranties (SoW) is set to reach its first critical deadline on September 21, when it becomes obligatory for all rough diamond sales. “We...
South32 reports improved operating results for March quarter
Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South...
Godolphin takes 100% control of Narraburra rare earths project
ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already...
Sayona divests completely from Troilus
ASX-listed lithium producer Sayona Mining has divested about 19.2-million shares in TSX-listed Troilus Gold at C$0.63 a share through a block trade facilitated by Desjardins Capital Markets. The...
Gold Road resumes mining at Gruyere
ASX-listed gold miner Gold Road Resources has announced the resumption of mining and processing operations at the Gruyere gold mine, in Western Australia. In its March 2024 quarterly report,...
Decarbonised iron production possible using sodium, company says
A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into...
Vizsla, Universal conclude merger
Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common...
Sierra records 36% y/y increase in first-quarter copper production
For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two...
Policy uncertainty index edging further into negative territory ahead of elections
The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded...
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW...
Saldanha iron-ore terminal shut down for maintenance until Friday
State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The...
Shanta reveals ‘encouraging results’ for West Kenya exploration project
Aim-listed gold producer Shanta Gold has revealed “encouraging results” in an exploration update for the West Kenya project, in Kenya, for the fourth quarter of last year and the first quarter of...
Brazil rare earths project shares key similarities with Phalaborwa – Rainbow
Rare earths miner Rainbow Rare Earths has revealed that the results of mineralogy and hydrometallurgical testwork recently carried out on phosphogypsum material from the Mosaic Company’s Uberaba...
Zimplats to become cash generative in the next financial year, CEO says
Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the...
Internal combustion engines are not going anywhere, says Northam’s Dunne
Platinum group metals (PGM) miner Northam Platinum CEO Paul Dunne firmly believes internal combustion engines (ICEs) are here to stay for the foreseeable future, which, in his view, will mean...
Unisa, Palabora sign MoU to facilitate strategic collaboration
A memorandum of understanding (MoU) has been signed between the University of South Africa’s (Unisa’s) College of Science, Engineering and Technology (CSET) and copper mining company Palabora...
South Africa's science, innovation dept launches circular minerals, metals initiative
South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative...
Panel urges PGMs industry to make collaborative, strategic market development investments
Industry experts have agreed that the future of the platinum group metals (PGMs) market appears to hinge on collaborative efforts to make strategic investments in market development to ensure...
Collaboration crucial to ensuring PGM industry’s success
Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner...
Significant graphite assay results revealed at Nyorinyori, NyoriGreen
Africa-focused mining and development company Marula Mining has unveiled significant assay results confirming high-grade and broad graphite mineralisation at surface at the Nyorinyori and...
Bankan gold project in Guinea yields ‘promising’ exploration results
ASX-listed Predictive Discovery has revealed “promising” findings from its regional drilling activities at the Bankan gold project, in Guinea, which has a substantial 5.38-million-ounce gold...
Altona enters into agreement with Ignate for Botswana copper/silver project
London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,...
Role of gas in SA’s future energy mix under intense scrutiny
Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a...
Harmony concludes landmark wage negotiations with five unions at once
Gold miner Harmony Gold has concluded a landmark five-year wage agreement in respect of increases to wages and other conditions of service with its five labour unions, being the coalition, which...
Pensana confirms rare earths find at Sulima West in Angola
UK-based rare earths developer Pensana has reported trench and pit sampling results that confirm a 6 ha, enriched laterite at Sulima West, in Angola, grading at 2% to 3% total rare earth oxides...
Ivanhoe reports 86 203 t of copper production at Kamoa-Kakula in first quarter
During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has...
Askari’s strategic uranium prospect acquisitions align with clean energy objectives
ASX-listed Askari Metals has affirmed that its uranium acquisition strategy in southern Tanzania serves as a cornerstone of the company's African clean energy focus. Askari is set to propel various...
OAR acquires two uranium prospects in Namibia
ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the...
IonicRE, Viridis to form JV to advance rare earth prospects in Brazil
ASX-listed companies Ionic Rare Earths (IonicRE) and Viridis Mining and Minerals are to form a 50:50 joint venture (JV) company to advance rare earth separation business prospects in Brazil. The JV...
Paladin achieves commercial production at Langer Heinrich
ASX-listed uranium producer Paladin Energy has achieved uranium concentrate production and drumming at the Langer Heinrich Mine (LHM), in Namibia, as of March 30. The company said in a statement on...
Local gas supplies not likely to come on stream in time for South Africa to avoid a ‘gas cliff’
Although gas is widely regarded as a necessary part of South Africa’s future energy mix, Presidential Climate Commission (PCC) head of mitigation Steve Nicholls is not convinced that a reliable...
Ironveld ramp-up slower than expected
Although high-purity iron, vanadium and titanium producer Ironveld marked the first sales of metal products, including high-purity iron and titanium slag, from its Rustenburg smelter to local...
Kropz records $5.7m loss for 2023 as Elandsfontein ramps up
As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. The company said on March 28 that...
Jubilee, Abu Dhabi company to form JV for Zambia waste rock project
Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for...
Exploration starts at Larisoro manganese mine
Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site...
Kropz secures R170m loan facility
Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its...
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