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Darren Parker is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
US trade tariffs pose severe indirect risks to sub-Saharan Africa, BMI warns
While the direct effects of US tariffs on sub-Saharan African trade were limited, the broader economic and political ramifications – through falling commodity prices, fiscal tightening and rising...
Cape Town Container Terminal receives first batch of new rubber-tyred gantry cranes
The Cape Town Container Terminal (CTCT) has taken delivery of components of the first nine of 28 new rubber-tyred gantry cranes, which original-equipment manufacturer (OEM) Liebherr Africa has...
Prefeasibility work progressing smoothly on Harena’s Madagascar rare earths project
The prefeasibility study (PFS) work on London-listed Harena Resources’ 75%-owned Ampasindava rare earths project, in Madagascar, is progressing at pace. The company added on May 6 that initial work...
Coaltech to launch GHG management, reporting framework for coal sector
With support from key industry players, a new initiative led by nonprofit research organisation Coaltech will see the development of South Africa’s first sector-wide framework for managing and...
Mining input costs moderating but significant pressures remain – Minerals Council
Although mining input costs have moderated in the first quarter of this year compared with the same period in 2024, significant pressures remained, the Minerals Council South Africa revealed on May...
Lotus gets approval to resume uranium mining in Malawi
Uranium mining company Lotus (Africa), an 85%-owned subsidiary of ASX- and OTCQX-listed Lotus Resources, has received approval from Malawi’s Atomic Energy Regulatory Authority (AERA) for the...
Akobo facing liquidity issues following disappointing production results
Euronext-listed gold producer Akobo Minerals’ gold production for March and April amounted to 1 kg at an average grade of about 3 g/t, which is below the company’s expectations, the company said on...
We can no longer blame apartheid for economic failures, BBCBE’s Masimene says
After more than 30 years of democracy, South Africa’s numerous economic problems can no longer be blamed on Apartheid but rather must be blamed on the black-led government that has held the reins...
Global commodity prices expected to drop to six-year low by 2026 – World Bank
Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s...
Zimplats reports lower mined volumes on trackless machinery constraints
Platinum group metals (PGMs) miner Zimplats has reported an 11% year-on-year and a 4% quarter-on-quarter decrease in mined volumes for the quarter ended March 31, owing to lower availability of...
Premier to raise more than £1.5m through new share issue
Aim-listed Premier African Minerals has announced a subscription of 4.5-billion shares to raise £1.58-million before expenses at an issue price of 0.035p per new ordinary share. The funds raised...
Merafe to suspend operations at Boshoek, Wonderkop smelters in May
JSE-listed Merafe Resources will suspend operations at its Boshoek and Wonderkop ferrochrome smelters, in the North West province, indefinitely. The decision was made after a business review...
Despite cautionary indicators, platinum price will rise within a year, analyst says
Although the global economic and industrial “dashboard is littered with red and yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are...
De Beers reports 11% y/y production decline in the first quarter
Diamond producer De Beers’ rough diamond production for the first quarter of this year decreased by 11% year-on-year to 6.1-million carats, reflecting the continued production response to a...
First Quantum reports $23m net loss in first quarter
TSX-listed First Quantum Minerals has reported a net loss attributable to shareholders of $23-million, which equates to a $0.03 loss a share, and adjusted earnings of $2-million for the three...
Orion secures $2m loan from Ratel
ASX- and JSE-listed Orion Minerals’ shareholder Ratel Growth, of which former Orion director Thomas Borman is the controlling shareholder, has provided Orion an unsecured $2‑million loan facility...
Aterian signs $4.5m trade finance agreement
London-listed critical metal-focused exploration and development company Aterian has signed a $4.5-million trade finance agreement with a global commodity trading and financial house. The company...
Botala to raise A$1.25m through new share placement
ASX- and BSE-listed coal exploration and development company Botala Energy has secured firm investment commitments from institutional, sophisticated and professional investors to raise...
Deep Yellow reiterates impact of poor uranium prices
Uranium developer and producer Deep Yellow has, in its latest quarterly activities report, published on April 22, reiterated that it has deferred a final investment decision on its Tumas project,...
FQM invests A$15.2m in Prospect Resources
Copper producer First Quantum Minerals (FQM) has announced a strategic investment in Australia-based battery and electrification metals developer Prospect Resources. Prospect’s principal focus is...
URU completes airborne survey over Zebediela
Aim-listed exploration and development company URU Metals has announced the completion of a high-resolution airborne geophysical survey over its Zebediela project area, in South Africa, conducted...
Copper Mark awarded to two of Glencore’s DRC operations
Diversified miner Glencore’s two operations in the Democratic Republic of Congo (DRC) – Kamoto Copper Company (KCC), a joint venture with Gécamines and the DRC government, and Mutanda Mining...
Kamoa-Kakula significantly increases imported hydroelectric power to start up new smelter
TSX- and OTCQX-listed Ivanhoe Mines’ joint venture (JV) Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), has reached a major turning point following a significant increase in...
Precious metals unable to avoid wide-ranging sell-offs amid Trump tariffs
Although precious metals dodged the reciprocal import tariffs that US President Donald Trump announced last week, they were unable to avoid the wide-ranging sell-off that hit most assets, Heraeus...
Trump tariff policies likely to extend beyond his term, analysts say
Following the announcement by US President Donald Trump on April 2 that South Africa would be subjected to 30% tariffs on its exports to the US, banker and academic Colin Coleman has said there is...
Despite cautionary indicators, platinum price will rise within a year, analyst says
Although the global economic and industrial “dashboard is littered with red and yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are...
Mantashe lauds opening of Seriti’s Naudesbank Colliery, insists coal mining remains critical
“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on...
SABS investigation continues amid unsettling allegations of mismanagement
Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under...
Despite strong headwinds, Sibanye-Stillwater’s Stewart remains bullish on PGMs' future
Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the...
Tau worried about US tariff impact on South African products
Although the announcement of a 30% tariff on all exports from South Africa to the US could have a serious impact on the platinum group metals (PGMs) sector, Trade, Industry and Competition Minister...
Critical Metals’ immediate goal is to get funding for further drilling at Molulu
Investment company Critical Metals has said its immediate priority is to secure the necessary funding to restart diamond drilling and exploration activities at its 70%-owned Molulu copper project,...
Kazera poised to begin receiving operational cash flows in the coming weeks
Aim-listed investment company Kazera Global is poised to begin receiving operational cash flows from both its heavy mineral sands (HMS) and diamond projects in the coming weeks, the company said on...
Merafe offers revised approach to disaggregation of group revenue by region
JSE-listed Merafe Resources has revised its regional revenue disclosure format for ferrochrome and chrome ore following an engagement with the JSE regarding the proactive monitoring review process....
Eastplats reports significant losses for 2024
TSX- and JSE-listed Eastern Platinum (Eastplats) has reported losses for the 12 months and fourth quarter ended December 31, 2024. Revenue for the fourth quarter decreased by 44.3% to $17-million...
Andrada reports processing improvements in quarterly update
Aim- and OTCQB-listed tin producer Andrada Mining's ongoing continuous improvement programme has resulted in processing rates reaching 141 t an hour, the highest level in the past five quarters,...
Exoskeleton testing for underground mining yields positive results
Exoskeletons are currently being tested for their effectiveness in barring at one of Sibanye-Stillwater’s operations as part of the Fall of Ground Action Plan (FoGAP), with positive results so far....
Swanepoel rubbishes claims that South Africa's mining industry is on the decline
The South African mining industry is not on its last legs, Manganese Metal Company chairperson and Zimplats and Impala Platinum nonexecutive director Bernard Swanepoel has insisted. Speaking at the...
Nedlac announces consensus on 47 labour law reforms
Negotiations between organised business, organised labour and government, led by the Department of Employment and Labour (DEL), on a substantive labour law reform process have now concluded. The...
Akobo achieves first revenue-generating quarter
Euronext- and Frankfurt-listed Akobo Minerals reported its first revenue-generating quarter, with an income of SKr10.6-million for the fourth quarter of 2024, not including 2.3 kg gold produced in...
Capital reports more than 50% decline in EPS in a ‘year of transition’
London-listed mining, drilling, maintenance and geochemical analysis solutions provider Capital has reported a 53.5% year-on-year decline in basic earnings per share (EPS) to $0.089 in 2024, from...
African exporters to face market challenges as EU expands Carbon Border Tax
Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The...
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