Kumba's third-quarter output down 3% y/y on the back of logistics constraints

South African iron-ore miner Kumba Iron Ore recorded a 3% year-on-year decrease in output to 9.4-million tonnes for the third quarter ended September 30, as derailments, rail breakages and speed... 

De Beers assessing options to lower production amid high midstream inventory levels

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 

Neo Energy Metals to acquire two uranium, gold projects in South Africa’s Witwatersrand basin

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 

Kumba to treble premium iron-ore output at Sishen through ‘compelling’ R11.2bn investment

The board of Kumba Iron Ore has approved a further R7.6-billion investment in ultrahigh dense media separation (UHDMS) processing technology at the Sishen mine, in the Northern Cape. This follows... 

Updated scoping study lifts Sylvania's Volspruit pre-tax NPV to R1.2bn

A updated scoping study on Aim-listed platinum group metals (PGM) producer and developer Sylvania Platinum's Volspruit project, located on the southern end of the northern limb of the Bushveld... 

Neo Energy Metals to acquire two uranium, gold projects in South Africa's Witwatersrand basin

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 

June 2025 targeted for new cadastre migration

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources... 

Taseko looks forward to stronger second-half output

Midtier copper producer Taseko Mines has reported adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of C$120.7-million for the six months ended June 30. That compares... 

Migration to new mining cadastre expected to be completed by June 2025 – Mantashe

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources... 

Greater investment needed to ensure the success of Europe's CRMA

Greater investment in both technology and skills is needed in Europe to ensure the successful implementation of the Critical Raw Materials Act (CRMA), Member of the European Parliament Hildegard... 

European countries urged to continue investing in mining

Europe is at risk of losing important sources of raw materials, because it is phasing out mining rather than investing in more mines, Federation of German Industries executive board member Wolfgang... 

Botswana Diamonds expands its land holdings in the Kalahari

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same... 

De Beers progresses diamond traceability, emissions reduction targets

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 

Caledonia's Blanket mine lifts its first-quarter output by 6% y/y

Gold miner Caledonia Mining Corporation has reported a 6% year-on-year increase in production from its Blanket mine, in Zimbabwe, to 17 050 oz for the first quarter of this year. Gold sales also... 

Sibanye concludes restructuring negotiations at its South African PGM operations

Multinational mining and metals processing group Sibanye-Stillwater has concluded consultations with stakeholders regarding the proposed restructuring of four shafts at its South African platinum... 

Lucara expects higher revenues for 2024; announces new large diamond recoveries

Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a... 

South African uranium project owner to inward list on A2X

LSE-listed Neo Energy Metals, which is developing the Henkries uranium project, in the Northern Cape, will inward list its shares on A2X Markets – a South African stock exchange – to enlarge its... 

DMRE names preferred bidder to design, implement mining cadastre

The Department of Mineral Resources and Energy (DMRE), working with the State Information Technology Agency, has concluded the process to appoint a service provider for the design, implementation,... 

MC Mining pleased with results of Uitkomst colliery turnaround, while Vele colliery struggles

Run-of-mine (RoM) production at coal miner MC Mining’s Uitkomst Colliery steelmaking and thermal coal mine , in KwaZulu-Natal, South Africa, increased by 31% year-on-year to 129 272 t for the... 

Infrastructure repairs to Impala Rustenburg’s 11 Shaft to be completed by end-Feb

Platinum group metals (PGMs) miner Impala Platinum (Implats) says infrastructure repairs to Impala Rustenburg’s 11 Shaft are expected to be completed by the end of February, with the build-up to... 

Engineering study demonstrates viability of Saudi green pig iron project – Magnum

ASX-listed Magnum Mining & Exploration has successfully completed an engineering study into the technical and economic viability of establishing a green, high-purity pig iron (GHPPI) project, in... 

Antofagasta to invest $4.4bn in Centinela expansion

Chilean copper miner Antofagasta has approved the construction of its Centinela Second Concentrator project, which will add 170 000 t/y of copper-equivalent to the company's production. "The... 

Sigma enters into negotiations with finalists in strategic review process

Brazil-focused Sigma Lithium’s strategic review process will continue into 2024, with the company having entered into contractual and detailed structural negotiations with finalists. The company... 

Cordoba to start engineering, design work at Colombia project in early 2024

Minerals exploration company Cordoba Minerals Corp plans to start detailed mine engineering and design work at its flagship joint venture (JV) Alacran copper/gold project, in Colombia, in early... 

Dundee Precious Metals sees growth potential as it moves to buy Osino

TSX-listed gold miner Dundee Precious Metals (DPM) has entered into a definitive agreement to acquire TSX-V-listed Osino Resources Corp and, in turn, Osino's high-quality, long-life Twin Hills... 

Arizona Lithium raises A$16.5m for Canadian project

ASX-listed Arizona Lithium has raised A$16.5-million in an oversubscribed flow through financing placement, with the funds to be used for exploration at its Prairie project, in Saskatchewan,... 

EU to invest nearly €204m in Fortescue's proposed green ammonia plant in Norway

The European Union (EU) has endorsed and chosen to significantly invest in Australia-headquartered green technology, energy and metals company Fortescue’s plans for a flagship green ammonia plant... 

Li3 Lithium Corp sells stake in Zim project as it shifts focus to Nevada copper project

TSX-V- and FSE-listed Li3 Lithium Corp has decided to shift its focus to copper and to its 485 ha Northern Lights copper project, in Nevada, in the US. Given the company's lack of sufficient funds... 

Petra announces potential sale of Koffiefontein

London-listed Petra Diamonds has entered into a nonbinding term sheet on an exclusive basis with an undisclosed interested party for the potential sale of the Koffiefontein diamond mine, in South... 

Logistics challenges force Kumba to cut its production guidance for 2024, 2025

Although South African iron-ore miner Kumba Iron Ore has continued to deliver improved operational stability at both its Sishen and Kolomela mines, the logistical constraints facing the country has... 

Mining 2030 Commission names members, welcomes investor support

Collaborative investor-led initiative the Global Investor Commission on Mining 2030, also known as the Mining 2030 Commission, has, to date, gained the support of 82 investors with over... 

Wheaton to add South African PGMs, gold streams to its portfolio

Royalty and streaming group Wheaton Precious Metals and its subsidiary Wheaton Precious Metals International (Wheaton International) have entered into a definitive agreement with certain entities... 

B2Gold confident of meeting full-year output guidance at lower cash operating cost

On the back of a strong operational and financial performance for the first nine months of this year, international gold producer B2Gold expects to meet its production guidance of one-million to... 

First boiler at South32's Worsley Alumina converted to natural gas

Diversified mining and metals company South32's Worsley Alumina operation, in Western Australia, has completed the conversion of the first of its coal-fired boilers to natural gas, helping to... 

Gold Fields commits to improving workplace culture as review uncovers ‘deeply concerning’ findings

The world’s seventh-largest gold miner by production, Gold Fields, says it is committed to eliminating inappropriate and harmful behaviour in the workplace after an independent review confirmed... 

Congo-Brazzaville govt pledges fervent support for Kore’s Kola project

 Emerging potash developer Kore Potash has received a letter of support from the Congo-Brazzaville Ministry of Mines regarding the company’s development of the Kola potash project. Kore first... 

Centamin to proceed with DFS at 'economically robust' Côte d'Ivoire project

LSE- and TSX-listed Centamin plans to proceed with a definitive feasibility study (DFS) at its Doropo gold project, in north-eastern Côte d'Ivoire, as the results of a prefeasibility study (PFS)... 

Exxaro's first-half export coal sales to fall 6% on logistics challenges, low prices

Diversified resources company Exxaro Resources expects to report a 6% decrease in export coal sales volumes to 2.51-million tonnes for the six months ended June 30, compared with 2.67-million... 

Rain, mining licence conditions posing a challenge for Edenville's Rukwa mine

Coal miner Edenville Energy continues to face challenges at its Rukwa mine, in Tanzania, as a result of wet weather and warnings from the Mining Commission in Tanzania that the company has failed... 

Gold Fields, AngloGold set out to create Africa's largest gold mine

Gold miners Gold Fields and AngloGold Ashanti have announced plans to merge their neighbouring Tarkwa and Iduapriem mines, in Ghana, under a new joint venture (JV). The companies have agreed, in...