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Africa

Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
Updated 3 hours ago By: Mariaan Webb

Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex... 


The Rosh Pinah Solar Park
Appian to acquire the majority shareholding in Rosh Pinah Solar Park
Updated 4 hours ago By: Sabrina Jardim

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
Updated 4 hours ago By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


Tertiary Minerals advances drilling at Konkola West
Updated 4 hours ago By: Sabrina Jardim

Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the... 


Dean Horton appointed to Canyon board
Updated 4 hours ago By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 


West Wits chairperson Michael Quinert
West Wits secures credit approval for R902m loan facility to advance Qala Shallows
Updated 4 hours ago By: Sabrina Jardim

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 


GoviEx progresses Muntanga project financing
Updated 5 hours ago By: Sabrina Jardim

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
Updated 6 hours ago By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


An image showing the Lumwana Expansion project
Barrick files technical reports for Lumwana expansion, Reko Diq projects
20th February 2025 By: Tasneem Bulbulia

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 


A Transnet locomotive
Dept of Transport, Transnet to engage market on private sector participation opportunities soon
20th February 2025 By: Darren Parker

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 


Caledonia appoints successor to outgoing CFO
19th February 2025 By: Creamer Media Reporter

Chester Goodburn will step down as Zimbabwe-focused gold miner Caledonia Mining Corporation's CFO on March 24 and will be succeeded by Ross Jerrard. Jerrard, aged 50, brings extensive experience in... 


Salungano CFO resigns
19th February 2025 By: Creamer Media Reporter

JSE-listed Salungano Group, which owns coal mining operations in South Africa, has announced the resignation of CFO and executive director Kabelo Maroga, with effect from February 18. Acting CFO of... 


The Loulo-Gounkoto complex
Barrick Gold signs agreement with Mali to end mining dispute, sources say
19th February 2025 By: Reuters

Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with... 


The Gamsberg zinc mine
Aveng shares details of Moolmans subsidiary's R10.6bn contract at Gamsberg
19th February 2025 By: Creamer Media Reporter

JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the... 


AngloGold CEO Alberto Calderon
Higher gold price boosts AngloGold’s headline earnings, free cash flow
19th February 2025 By: Sabrina Jardim

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 


An image depicting the wind farm
Northam finalises PPA for wheeled wind energy
19th February 2025 By: Sabrina Jardim

Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


The Stillwater mine
Sibanye-Stillwater flags narrowed 2024 full-year loss a share; a further $500m impairment
19th February 2025 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Finance Minister Enoch Godongwana
Budget postponed to March 12 after GNU Cabinet fails to agree on two-percentage-point VAT hike
19th February 2025 By: Terence Creamer

In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed... 


Metlen secures long-term strategic agreements with Rio Tinto for bauxite, alumina
19th February 2025 By: Sabrina Jardim

Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both... 


Sovereign completes Kasiya testwork
19th February 2025 By: Sabrina Jardim

ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key... 


Copper falls as Citi predicts prices will retreat on US tariffs
Copper falls as Citi predicts prices will retreat on US tariffs
19th February 2025 By: Bloomberg

Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical... 


An image showing the Sahamamy graphite processing plant
Tirupati terminates Shishir Poddar as co-CEO, unspecified investigations continue
19th February 2025 By: Tasneem Bulbulia

London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect. The company says in a statement that it reserves its right to continue its investigations into all... 


An image showing the Tswelopele pelletising and sintering plant
PSV chrome legacy agreement enhanced – Merafe
19th February 2025 By: Tasneem Bulbulia

An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced.... 


Metso awarded contract to repair, upgrade bucket-wheel stacker reclaimer
19th February 2025 By: Schalk Burger

Materials handling and mining equipment company Metso has been awarded an order to provide repairs and upgrades for a bucket-wheel stacker reclaimer at a customer’s stockyard operations in Africa.... 


Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
19th February 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3... 


Gemfields CEO Sean Gilbertson
Zambia suspends export tax on precious stones, metals
19th February 2025 By: Reuters

Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The... 


The Somair mine in Niger
Orano looks to Mongolia as new source for uranium as Niger problems drag on
19th February 2025 By: Reuters

 French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


An image showing Sylvania Platinum's Mooinooi operation
Sylvania increases full-year guidance on the back of strong interim performance
18th February 2025 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 


Kumba CE Mpumi Zikalala
Kumba posts lower earnings, dividend as steel demand weakened in 2024
18th February 2025 By: Marleny Arnoldi

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 


An image showing the Madaouela uranium project
GoviEx, Niger agree on strategic roadmap
18th February 2025 By: Tasneem Bulbulia

TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap... 


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