US Inflation Reduction Act to make country a leader in clean hydrogen production – Nel Hydrogen

Norway-headquartered hydrogen company Nel Hydrogen reports that the US’s Inflation Reduction Act will provide tax credits of up to $3/kg of clean hydrogen, putting the country in the lead for clean... 

Lithium value to remain high amid accelerated demand, tight supply – Fitch Solutions

Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says lithium prices will remain “extremely” elevated this year and... 

Dept approves fees for Polyco extended producer responsibility scheme

Plastic packaging producer responsibility organisation Polyco reports that Forestry, Fisheries and the Environment Minister Barabara Creecy has approved its extended producer responsibility (EPR)... 

Royal Bafokeng, Amplats agree to extend concentrate purchase agreement

Rustenburg Platinum Mines (RPM) – a wholly-owned subsidiary of Anglo American Platinum (Amplats), has agreed to extend its disposal of concentrate agreement (Doca) with Royal Bafokeng Resources... 

Ironveld starts refurbishment work at Rustenburg smelter

Aim-listed iron, vanadium and titanium project developer Ironveld and its team of specialist contractors has started work at the mothballed Ferrochrome Furnaces (FCF) smelter site, in Rustenburg,... 

Galileo to acquire 29% of BC Ventures, unlock Zim lithium project

Following an addendum to an original agreement, zinc, copper and rare earths explorer Galileo Resources is set to acquire a 29% shareholding in BC Ventures in exchange for 50-million shares... 

BBE Projects nearing delivery of Venetia underground cooling system

Project delivery company BBE Projects is in the final stages of completing its delivery of a turnkey air-cooling system for diamond miner De Beer’s Venetia diamond mine, in Limpopo, which is... 

Xtra-Gold lifts cash to $5.7m in H1

In the first half of this year, TSX-listed Ghana-focussed gold explorer Xtra-Gold produced 1 098 oz of raw gold and sold 1 162 fine ounces at an average price of $1 928/oz, thereby increasing the... 

Bushveld appoints interim chairperson after Watson retires

Aim-listed integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals has appointed Michael Kirkwood as interim chairperson, following incumbent Ian Watson’s... 

Tirupati raises £1.5m to expand capacity

Specialist graphite and graphene company Tirupati Graphite has raised £1.5-million in a private placement of convertible loan notes through its broker Optiva Securities as a first tranche of an... 

Uranium Energy Corporation submits revised offer to acquire UEX Corporation

NYSE-listed pureplay uranium company Uranium Energy Corporation (UEC) has submitted an improved buyout offer to UEX Corporation (UEX). This while Denison Mines Corporation is also trying to... 

Master Drilling to report higher interim earnings

JSE-listed drilling services company Master Drilling expects its earnings per share (EPS) for the first half of this year to be between 47.2% and 67.2% higher year-on-year, at between R1.28 and... 

West Wits to explore for uranium at Witwatersrand Basin project

ASX-listed precious and base metals explorer, developer and producer West Wits Mining has started the first phase of drilling to test uranium mineralisation at its uranium exploration target, which... 

South Africa, Botswana agree to boost rail link

South Africa and Botswana have agreed, in principle, on joint development initiatives to be implemented by Transnet Freight Rail (TFR) and Botswana Rail (BR), to improve trade between the two... 

Implats’ earnings to decline on lower sales revenue, inflationary pressures

Platinum group metals (PGMs) miner Impala Platinum (Implats) expects its basic earnings for the financial year ended June 30 to decrease by between 29% and 35% year-on-year, to between... 

Groot Constantia crowd-sells 165 kW solar plant to local and international investors

South Africa’s oldest wine-producing farm and world-renowned tourist destination Groot Constantia has partnered with innovative solar leasing platform Sun Exchange to crowd-sell a 165 kW solar... 

Lafarge launches low-embodied-emissions cement in South Africa

Following the successful take-up in markets where building materials company Holcim is present, local subsidiary Lafarge South Africa (SA) on July 18 launched its lower-carbon cement ECOPact to the... 

Gold value falls 3.5% in July

The World Gold Council (WGC) reports that the value of gold fell by 3.5% in July as a result of a strong dollar and flat demand in the first half of the month, leaving it down 2.9% for the year to... 

Platinum-based fuel cells key for heavy-haul industry – WPIC

The World Platinum Investment Council (WPIC) reports that interest in using hydrogen fuel cells in the heavy-haul industry is growing rapidly, with several interesting developments currently under... 

Higher output, prices lift Gold Fields’ interim earnings

JSE- and NYSE-listed Gold Fields expects its headline earnings a share for the first half of the year to be between 24% and 33% higher year-on-year, at between $0.56 and $0.60 as a result of higher... 

Centamin achieves higher interim revenue, profit

LSE- and TSX-listed Egypt-focused gold miner Centamin’s revenue increased by 4% year-on-year to $382-million for the first half of the year as a result of gold sales of 203 587 oz at an average... 

Edenville introduces new management at Rukwa to improve performance

Aim-listed coal miner Edenville Energy has mobilised a new on-site management team to tackle the recent “disappointing” performance at its flagship Rukwa coal project in Tanzania. The new... 

Shanta completes 65% of West Kenya Phase 2 drilling

East Africa-focused gold producer, developer and explorer Shanta Gold has completed 65% of its Phase 2 drilling campaign at its West Kenya project, with 55% of total planned drilling over three... 

Eastplats promotes Hanson to COO

JSE- and TSX-listed midtier platinum group metals miner Eastern Platinum (Eastplats) has promoted former South Africa GM Hannelie Hanson to the position of group COO. She has more than 24 years of... 

RBPlat buyout essential to keep Implats’ Rustenburg mining going, hearing hears

Platinum miner Impala Platinum (Implats), through law firm Group 621, reports that, without its proposed large-scale merger with Royal Bafokeng Platinum (RBPlat), it will not be able to continue... 

Strong prices drive surge in Thungela’s interim earnings

JSE- and LSE-listed coal miner Thungela Resources reports that its earnings per share (EPS) for the six months ended June 30 are expected to increase by about 2 044% to between R66.85 and R67.45,... 

Marginal decrease in ICMM members’ mining fatalities globally in 2021

Organisation for safe, fair and sustainable mining and metals the International Council on Mining and Metals (ICMM) reports that South African member companies accounted for 51% of the 43... 

Parties agree to extend long stop date for Tirupati’s Suni Resources share buyout

Specialist graphite and graphene company Tirupati Graphite reports that its agreement to acquire the entire issued share capital of Suni Resources from Battery Minerals, is pending regulatory... 

Ionic Rare Earths progresses Uganda mining licence work, starts SerenTech integration

During the second quarter of the year, ASX-listed rare earth mineral explorer Ionic Rare Earths continued work programmes at its flagship Makuutu rare earths project, in Uganda, to enable it to... 

Walkabout, Wogen ink amended deal to offtake full nameplate Lindi Jumbo capacity

ASX-listed energy minerals developer Walkabout Resources has signed a new amended binding sales, purchase and marketing agreement with high-value raw materials trader Wogen Pacific for the supply... 

Afrimat raises R680m in accelerated bookbuild

JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has successfully closed an equity raise of R680-million – about 8.5% of its current market capitalisation.... 

RBPlat warns of half-year earnings decline

Despite platinum group metals (PGMs) miner Royal Bafokeng Platinum’s (RBPlat’s) production for the six months ended June 30 having increased by 4.5% on the back of a strong performance at the... 

Sylvania dump operations increases output by 19% in the fourth quarter

Aim-listed platinum group metals (PGM) miner Sylvania Platinum’s dump operations achieved a 19% year-on-year increase in production to 18 837 oz for the fourth quarter ended June 30. This took... 

MC Mining inks deal to piggyback off Overlooked’s export channel

Aim-, ASX- and JSE-listed coal explorer, developer and miner MC Mining has entered into a coal sales and marketing agreement with Mpumalanga-based coal miner Overlooked as an avenue to open an... 

Bushveld lifts first-half production, despite load-shedding impact, kiln commissioning

Aim-listed integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals increased its group vanadium production by 4% year-on-year in the first half of this year to... 

John Deere brings redesigned ADT to South African shores

Heavy equipment manufacturer John Deere’s South African branch, having been in the country for 140 years, launched its redesigned 41.8 t, 460 series articulated dump truck (ADT) to the domestic... 

Assays reveal multiple high-grade zones at Premier’s Zulu project

Diversified explorer and developer Premier African Minerals reports that recent drilling at its Zulu lithium and tantalum project, in Zimbabwe, has intersected multiple thick high-grade zones.... 

Natref supply partially restored, Sasol’s full-year production decreases

Chemicals and petrochemicals producer Sasol reports that crude oil supply has been partially restored from its majority-owned Sasolburg-based Natref refinery, after the company declared a force... 

Anglo American renews local education programme with R510m investment

Diversified miner Anglo American has launched the second phase of its education programme in South Africa, doubling the programme's scope and commitment to improving educational outcomes and... 

To capitalise on green transition, Africa urged to add value to critical minerals

The global transition to a lower-carbon environment presents Africa with an opportunity to boost its economies, including the mining and industrial sectors, as well as beneficiation capabilities...