CSIR receives plastic biodegradation laboratory equipment from Japan

The government of Japan, through the Japanese Embassy in South Africa, on August 23 handed over laboratory equipment to the Council for Scientific and Industrial Research’s (CSIR’s) Pretoria campus... 

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... 

Shanta on track to be 100 000 oz gold miner with nearing addition of Singida

Recovering from a slip in production of below 15 000 oz a quarter during the first quarter of 2021 and the second quarter of this year, East Africa-focused gold producer, developer and explorer... 

Kavango co-founder announces retirement

LSE-listed explorer Kavango Resources reports that nonexecutive director and co-founder Mike Moles will retire from the board as of August 31, but will continue to consult for the company until... 

Implats, Patel conclude framework agreement for RBPlat acquisition

JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has concluded a framework agreement with Trade, Industry and Competition Minister Ebrahim Patel regarding its proposed... 

Afrimat declares formal dispute over unmet Gravenhage sales conditions, pays Glenover R250m

JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has declared a formal dispute as a result of conditions precedent not being met in its acquisition of the... 

Harmony announces board changes

JSE-listed gold miner Harmony Gold has appointed Bongani Nqwababa as investment committee member and chairperson, as well to the position of independent nonexecutive director, which will be shared... 

Hulamin appoints interim CEO

JSE-listed aluminium semi-fabricator Hulamin reports that CEO Richard Jacob will retire on September 30, having served the company for 32 years and leading as CEO for the past 12 years. Hulamin’s... 

Fatality rate at ICMM members’ mines decreased marginally 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... 

Interest in use of platinum-based fuel cells in heavy-haul industry increasing – 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... 

Ivanhoe swings to second-quarter profit

TSX-listed diversified miner Ivanhoe Mines recorded a profit of $5-million for the second quarter of the year, up from a loss of $108.6-million for the same period of 2021. The profit in the period... 

Kogi Iron appoints new chairperson, nonexec director

ASX-listed iron-ore and steel development company Kogi Iron has appointed John Campbell Smyth as nonexecutive director, effective August 15, after incumbent Sean Gregory tendered his resignation on... 

Eastplats lifts second-quarter revenue, production

The revenue of JSE- and TSX-listed platinum group metals (PGM) miner Eastern Platinum (Eastplats) increased by 2.5% year-on-year to $20.5-million in the second quarter, taking year-to-date revenue... 

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...