Dry-type transformers gaining traction amid renewables integration

With mining companies increasingly opting for on-site renewable-energy installations to ensure reliable power, and improve their environmental, social and governance (ESG) credentials, electrical... 

Tau outlines government response to automotive sector challenges

Trade, Industry and Competition Minister Parks Tau has said the National Association of Automotive Component and Allied Manufacturers (NAACAM) is hosting its 2025 Show, in Gqeberha, at a defining... 

Procurement proficiency and project execution key to reigniting construction

The continued progress of structural reforms in South Africa – including at State-owned enterprises (SOEs) such as Transnet – is contributing to improved investor sentiment and growth in the... 

Afrimat advances various improvement initiatives across its operations

Ahead of releasing its interim results for the six months ended August 31, JSE-listed construction materials and industrial minerals company Afrimat has advised that there will be a decrease in the... 

MC Mining insists its Makhado development is above board

ASX- and JSE-listed coal miner MC Mining has denied allegations of illegal mining activities and the suspension of environmental authorisation (EA) at its Makhado Colliery, in Limpopo, assuring... 

UJ Mining Summit garners views on mining sustainability amid global turbulence

Mining companies have often needed to navigate disordered markets; however, unprecedented pressure is currently being imposed by export restrictions, resource nationalism, fragmented supply chains,... 

NUM concerned about potential retrenchments at ten ferroalloy operations

The National Union of Mineworkers (NUM) is concerned about potential retrenchments having been announced by diversified miner Glencore and Samancor at their South African ferrochrome operations.... 

De Beers highlights environment, social, traceability milestones in latest sustainability report

Diamond mining major De Beers says it has made meaningful progress in areas such as emission reduction, safety and conservation, while advancing work on diamond provenance and traceability. In its... 

Perseus reaches accord with Tanzania govt on how to operate the Nyanzaga mine

ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the... 

Lycopodium posts healthy full-year net profit from strong portfolio of projects

ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year... 

Wia Gold to raise A$30m for Namibia project DFS

ASX-listed Wia Gold has received binding commitments to raise A$30-million from the issue of 100-million new shares at a price of $0.30 apiece to existing, sophisticated and institutional... 

Premier African Minerals achieves saleable concentrate output, optimisation now underway

London-listed Premier African Minerals has completed a second phase test run of the primary flotation plant at its Zulu lithium and tantalum project, in Zimbabwe. The company confirms that the... 

Kenmare declares $0.10 interim dividend despite lower profit

London-listed titanium and zircon producer Kenmare Resources has declared an interim dividend of $0.10 apiece for the six months ended June 30. The board has recommended the interim dividend and... 

Lobito Atlantic Railways announces respective CEO, chairperson appointments

Angolan rail operator Lobito Atlantic Railways (LAR) on August 19 announced the appointment of Nicholas Fournier CEO and Alexandre Canas chairperson, marking the formal separation of the two roles.... 

Syrah receives $6.5m from DFC to ramp up Balama after suspension

ASX-listed Syrah Resources and its subsidiary Twigg Exploration and Mining has received a $6.5-million disbursement from its loan with the US International Development Finance Corporation (DFC).... 

Aveng posts R1.1bn attributable loss but green shoots ahead in new financial year

JSE-listed engineering contractor Aveng has reported an attributable loss of A$92.3-million, or R1.1-billion, for the financial year ended June 30, owing to A$98.5-million worth of losses recorded... 

Heraeus says gold prices holding steady, silver enjoys ETF activity

Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices... 

Almonty on track to start initial production at flagship South Korean tungsten mine

Tungsten miner Almonty Industies CEO and president Lewis Black says the company has made solid strides across several strategic initiatives to lay the groundwork for the company’s next phase of... 

Gold Road confirms shareholders will vote on takeover by Gold Fields in Sept

ASX-listed Gold Road Resources has confirmed that a scheme booklet related to an entity of Gold Fields acquiring all of Gold Road’s shares has been registered with the Australian Securities and... 

Cummins South Africa on track to rebuild 120 engines at Midrand centre this year

Integrated power solutions company Cummins South Africa is on track to rebuild 120 engines this year at its Master Rebuilt Centre (MRC), in Midrand. The facility has the capacity to rebuild 14... 

Premier progresses Zulu plant optimisation

London-listed Premier African Minerals says the commissioning of a second phase of the Zimbabwe-based Zulu lithium and tantalum project’s processing plant is progressing on schedule, including... 

Petra announces notes, debt refinancing and lower yearly revenue

London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal... 

Thungela warns of lower interim earnings amid tough market conditions, restructuring costs

JSE-listed coal miner Thungela Resources has advised that both its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended June 30 will be between R7.42 and R8.12... 

Commodity-dependent countries are missing out on fiscal benefits of value-addition – Unctad

While commodities are a vital engine for global trade, it is value addition that holds the key to more diverse and resilient economies, says United Nations Trade and Development (Unctad). The share... 

Barrick Gold reaches ‘safe closure’ of 13 tailings sites, aims to close five more soon

NYSE- and TSX-listed gold miner Barrick Mining Corporation has fulfilled its commitment to provide disclosure on its tailings facilities, in accordance with the Global Industry Standard on Tailings... 

Kodal readies Bougouni site for first exports of stockpiled spodumene concentrate

While Aim-listed Kodal Minerals continues to finalise the requirements for an export permit in Mali, large stockpiles of spodumene concentrate are mounting on site at its Bougouni lithium project.... 

New CEO appointed for Anglo American-backed green steel venture PeroCycle

Anglo American-backed industrial decarbonisation venture PeroCycle has appointed Grant Budge CEO. This coincides with the opening of a £4-million seed round to fund pilot deployment of PeroCycle’s... 

First Quantum secures long-term capital through gold streaming agreement

TSX-listed First Quantum Minerals has entered into a gold streaming agreement with RGLD Gold, with First Quantum to receive a $1-billion upfront cash payment in exchange for gold deliveries... 

Gold Fields foresees 203% interim headline earnings rise

JSE-listed Gold Fields expects to report at least a 203% year-on-year increase in headline earnings per share (HEPS) to between $1.09 and $1.21 for the six months ended June 30. The company... 

Heraeus says prolonged high gold prices lower jewellery demand in key regions

Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India.... 

Goldplat’s full-year results hampered by forex losses in Ghana

Aim-listed gold recovery company Goldplat has advised that, despite an excellent operational performance for the three months ended June 30, the company results for the full 12 months to June 30... 

Used-vehicle import bans could stimulate meaningful manufacturing demand in Africa – GIBS professor

Should African countries take a policy decision to ban pre-owned vehicle imports, an additional two-million new vehicles could be sold on the continent, which would warrant investment into new... 

Mining Cost Index shows cost pressure easing

In line with the general inflation trend in South Africa, mining input cost pressures remain well under control, with the latest data, including labour costs, showing a 1.1% year-on-year increase... 

MC Mining reports higher quarterly production at Uitkomst ahead of turnaround efforts

Coal miner MC Mining has noted a 3% quarter-on-quarter improvement in run-of-mine (RoM) coal production at its Uitkomst colliery to 104 129 t in the quarter ended June 30. Compared with the same... 

Cummins South Africa on track to rebuild 120 engines at Midrand centre this year

Integrated power solutions company Cummins South Africa is on track to rebuild 120 engines this year at its Master Rebuilt Centre (MRC), in Midrand. The facility has the capacity to rebuild 14... 

Cutifani to chair Global Tailings Management Institute

The new established Global Tailings Management Institute (GTMI) has appointed Mark Cutifani chairperson and Vicente Mello deputy chairperson. Cutifani is a mining industry stalwart, having led... 

Global Tailings Management Institute to be established in South Africa

Mining and metals advocacy group ICMM has advised that its member companies will publish their progress in conforming with the Global Industry Standard on Tailings Management (GISTM) by August 5.... 

Sylvania achieves record yearly production of 81 000 oz

Aim-listed platinum group metals (PGM) producer Sylvania has reached a new record yearly production of 81 002 oz of platinum, palladium, rhodium and gold for the financial year ended June 30.... 

Kenmare confirms all upgrade equipment for WCP A plant now on site

London-listed Kenmare Resources has confirmed the safe delivery of a second high-capacity dredge on site at its Moma Titanium Minerals mine, in Mozambique. The company bought two new dredges as... 

Pensana progresses Longonjo development, starts exploration on nearby deposit

London-listed emerging rare earths miner Pensana has advised that construction of the Longonjo mine, in Angola, is progressing on schedule and within the overall capital cost envelope of...