Blencowe’s Iyan MRE increases overall Ugandan project mineral base

London-listed Blencowe Resources has completed a maiden Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate (MRE) for the recently discovered Iyan deposit at its 100%-owned... 

Kavango raises $8.4m through Zimbabwe, UK subscriptions

London-listed Kavango Resources has raised, by way of subscription, about $4.7-million in Zimbabwe and £2.8-million in the UK, totalling about $8.4-million.  A total of 629.99-million new ordinary... 

Northam ups credit facility by R2bn to support renewables

JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its... 

Copper 360 confirms board changes

JSE-listed Copper 360 has appointed Gordon Thompson and Seten Naidoo as executive directors with effect from March 2. The board says it has conducted a fit-and-proper assessment of both, and is... 

Thungela warns of a loss as a result of impairments

JSE-listed Thungela Resources expects to report a loss a share of between R53.50 and R56 for the year ended December 31, 2025, compared with the earnings a share of R26.76 reported for 2024. The... 

Kore making strides to gain full ownership of Kola project

JSE-, Aim- and ASX-listed Kore Potash announced the purchase of a 0.46% interest in the share capital of Sintoukola Potash SA (SPSA) and the conditional right to acquire the remaining interest in... 

Exxaro completes R10.6bn manganese asset acquisition

Diversified natural resources company Exxaro Resources now holds an effective interest in select manganese assets of Ntsimbintle Holdings and OMH. This entails 100% ownership of Ntsimbintle Mining,... 

Rio Tinto approves R8.5bn Zulti South investment, lifts project suspension

Mining major Rio Tinto has approved its subsidiary Richards Bay Minerals’ (RBM’s) Zulti South project, lifting the suspension which had been in place since January 2020. The about R8.5-billion... 

Air Liquide invests R100m in Wits – South Africa Hydrogen Localisation Initiative

Gas solutions provider Air Liquide South Africa, the University of the Witwatersrand (Wits) and nonprofit the Localisation Support Fund (LSF) on February 27 officially launched the Wits – South... 

South32 Mozambique smelter pause threatens jobs, Eskom earnings

Australian diversified miner South32 has confirmed that its Mozal aluminium smelter, in Mozambique, will be put into care and maintenance in March. “As announced in December 2025, Mozal aluminium... 

Botswana Diamonds changes its name as it expands focus

London-listed diamond miner Botswana Diamonds has changed its name to Botswana Minerals, to reflect the expanded strategy of the company. “Botswana is a top location for exploration – geologically,... 

Kendrick to acquire rare earth licences in Namibia

London-listed Kendrick Resources has exercised a previously announced option and entered into a definitive agreement with Bonya Exploration, which owns Namibia exploration licences EPL4458 and EPL... 

Kagem achieves four-year LTI-free milestone

Emerald producer Kagem Mining, which has operations in Zambia, has been recognised by that country’s Minerals Regulation Commission for its four-year lost time injury- (LTI-) free achievement.... 

Caledonia appoints arrangers for interim funding facility

London-listed Caledonia Mining has appointed Standard Bank Group member Stanbic Bank Zimbabwe and CBZ Bank as co‑lead arrangers for an interim funding facility. The facility forms part of the... 

Discussions continue over Burkina Faso government’s interest in Kiaka – West African

ASX-listed West African Resources has acknowledged recent media reports following the publication of the minutes of the meeting of the Council of Ministers of the Burkina Faso government, held on... 

Gemfields earns $53m from February ruby auction

Gemstone miner Gemfields earned revenue of $53-million from a mixed-quality rough ruby auction held from February 9 to 20.  The gemstones were extracted by Gemfields’ 75%-owned Montepuez Ruby... 

AngloGold’s earnings benefit from strong production growth

Gold miner AngloGold Ashanti, with a portfolio of ten operating assets across three continents, delivered record free cash flow of $2.9-billion in 2025 on the back of strong production growth,... 

De Beers’ loss widens to $511m amid ongoing diamond market challenges

A lower average rough price index and stock rebalancing initiatives had a significant impact on diamond miner De Beers’ earnings for the 2025 financial year, resulting in an underlying loss before... 

Northam increases credit facility by R2bn to support renewables programme

JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its... 

Tackling South Africa’s big transmission challenge also holds big opportunities

South Africa’s transmission grid constraints are widely recognised, with a host of challenges and considerations that if properly leveraged also offer considerable opportunities. This was... 

Anglo American pays tribute to former executive Clem Sunter

Diversified miner Anglo American says it is “deeply saddened” by the passing of Clem Sunter, a former Anglo American executive. He joined Anglo American in the early 1970s and went on to serve as... 

Ivanhoe’s mines positioned to capitalise on tight global commodity markets

This year is a “decisive turning point” for Canadian mining company Ivanhoe Mines, “a year in which the extraordinary efforts made at each of our Tier 1 mines coincide with increasingly tighter... 

DRDGOLD capitalises on gold price despite lower production

Tailings retreatment company DRDGOLD’s interim results for the six months ended December 31, 2025, reflected higher cash generation, disciplined reinvestment and continued progress on projects... 

Blencowe highlights Ugandan project advantage in light of new trade measures

London-listed Blencowe Resources has highlighted the impact on the company’s Orom-Cross project, in Uganda, of the recent determination by the US Department of Commerce imposing aggregate... 

West Wits initiates scoping study under Project 200

ASX-listed West Wits Mining has started a scoping study under its Project 200 initiative within the broader Witwatersrand Basin project (WBP). Project 200 is a strategic growth initiative aimed at... 

Sibanye-Stillwater welcomes preliminary determination on Russian palladium imports into the US

Multinational mining and metals processing group Sibanye-Stillwater has welcomed the announcement of a preliminary affirmative determination by the US Department of Commerce (DoC) regarding the... 

Exxaro joins manganese institute as it advances transaction

South Africa-based diversified natural resources company Exxaro Resources has joined the International Manganese Institute (IMnI), an organisation for producers and other stakeholders in the... 

Stakeholders strengthen collaboration to advance Namakwa SEZ in rising Northern Cape

Diversified miner Vedanta Zinc International (VZI), the Northern Cape provincial government (NCPG) and the Industrial Zones Programme (IZP) of the Department of Trade, Industry and Competition held... 

BMW Group records 12% year-on-year sales growth in South African market

Automotive company BMW Group achieved a “very strong” performance in the South African market last year, with the brand growing by 12% year-on-year; and leading the premium segment at 46.15%,... 

South32 Mozambique smelter wind-down to impact jobs, potentially Eskom

Australian diversified miner South32 has confirmed that its Mozal aluminium smelter, in Mozambique, will be put into care and maintenance in March. “As announced in December 2025, Mozal aluminium... 

Premier concludes contract for Zulu flotation plant

Aim-listed Premier African Minerals announces that its subsidiary Zulu Lithium has concluded the procurement, installation and commissioning contract with Xinhai Technology Processing’s... 

Kefi completes financing package for Tulu Kapi

Aim-listed Kefi Gold and Copper’s subsidiary Tulu Kapi Gold Mines (TKGM) has signed a $20-million equity-ranking-royalty with Chancery Royalty. This is a key final part of the $340-million... 

Anglo American, UK announce impact finance facility for SMEs

The UK government and diversified miner Anglo American have announced the establishment of a £2-million Impact Finance Facility, delivered through the Impact Finance Network (IFN). This financing... 

Ionic Rare Earths initiates organisational changes to drive development

ASX-listed Ionic Rare Earths has initiated organisational changes to drive its global rare earth magnet expansion, including the relocation of MD Tim Harrison to Belfast, in Northern Ireland, and... 

Akobo records strong January performance

Scandinavian gold producer Akobo Minerals’ strong fourth-quarter performance continued into the new year, with January delivering solid production performance and continued progress in vertical... 

Testwork confirms synthetic diamond manufacture potential from Blencowe’s project

The results of additional testwork have confirmed that graphite concentrates from London-listed Blencowe Resources’ Orom-Cross project, in Uganda, are suitable for the manufacture of synthetic... 

Zanaga announces proposed strategic investment in Congo-Brazzaville project

Aim-listed Zanaga Iron Ore Company has announced a strategic transaction with private investment company Red Arc Minerals (RAM), which is focussed on the development of strategic-scale high-grade... 

Serval to acquire Kalahari Copper and its Namibian, Botswanan licences

Oscillate, operating under the brand name Serval Resources, has entered into a sale and purchase agreement with KCL Investments to acquire, subject to certain conditions being satisfied, all of the... 

US agency confirms intentions to support Monte Muambe project

The US Trade and Development Agency (STDA) has confirmed its intention to support London-listed Altona Rare Earths’ Monte Muambe rare earths project, in Mozambique. The confirmation was provided by... 

Higher rand gold price to give DRDGOLD’s interim earnings a significant boost

Johannesburg- and New York-listed DRDGOLD expects to report earnings per share (EPS) of between 216.9c and 228.2c for the six months ended December 31, 2025, an increase of between 93% and 103% on...