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An $88-million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas methane has been lost in space, the group that operates said on...
South Africa has a huge opportunity “right now” to grow its mining sector so that mining is able to provide prosperity for the entire nation, Minerals Council South Africa CEO Mzila Mthenjane...
Euronext-listed Akobo Minerals has successfully completed its first smelt of gold with a new gravity setup at the Segele mine, in Ethiopia. The company advises that an upgraded gravity recovery...
London-listed Kavango Resources has exercised its option to acquire 100% of the Nara gold project, in Zimbabwe. Kavango entered the option to acquire Nara in June 2023.
HSBC raised its 2025 average gold price forecast to $3 215 an ounce from $3 015 and its 2026 forecast to $3 125 from $2 915, citing elevated risks and government debt. Gold tends to perform well...
Aim- and AltX-listed Shuka Minerals has entered into an agreement with its second-largest shareholder Gathoni Muchai Investments (GMI) to increase a loan facility to Shuka by £1.5-million. Along...
JSE-listed Impala Platinum Holdings (Implats) has advised that it will consolidate the operations of its Impala Platinum and Impala Bafokeng Resources (IBR) subsidiaries, in response to low...
JSE-listed African Rainbow Minerals (ARM) has announced that all employees at the joint venture Cato Ridge Works (CRW), in KwaZulu-Natal, will be retrenched with effect from August 31, following a...
JSE-listed Copper 360’s financial results for the year ended February 28 show that the company, which is transitioning from exploration to production, had a difficult year and that it needs to...
Zambia's President Hakainde Hichilema on Monday opened the country's biggest grid-connected solar power plant, built by PowerChina, which will supply electricity to copper miner First Quantum...
India has dispatched a team of geologists to Zambia to explore copper and cobalt deposits, two Indian government sources said, as New Delhi steps up efforts to secure critical mineral supplies...
Gold mining firm Blue Gold said on Monday it was evaluating acquisition opportunities in West Africa and Latin America following a successful Nasdaq listing last week through a merger with...
The trading unit of CMOC Group — the world’s biggest producer of cobalt — has declared force majeure on deliveries of the battery metal, after the Democratic Republic of Congo extended a ban on...
Mali has completed its takeover of the Yatela and Morila gold mines abandoned by their previous owners, the government announced at the weekend, but questions remain over how any untapped value can...
Explosives and chemicals group AECI is expecting an operational recovery at its iconic Modderfontein plant in the second half of 2025, following a difficult first few months to the year when output...
Mid-tier gold producer Pan African Resources has confirmed it will start with a share buyback programme on both the LSE and JSE from July 1. The company advised earlier this month its intention...
Refinery services provider Heraeus finds in its latest precious metals appraisal that the platinum price, which currently averages $1 341/oz, will correct over the second half of the year. The...
Guinea's exports of bauxite, a feedstock for aluminium, surged 39% to a record 48.6-million metric tons in the first quarter though regulatory crackdowns sidelined major operators, official data...
Gold miner Twangiza Mining SA has accused Rwanda-backed M23 rebels of forcing its employees to work against their will and without pay after seizing its mine in eastern Democratic Republic of...
London-listed Kodal Minerals has signed an offtake agreement for the spodumene concentrate produced by the Stage 1 dense media separation (DMS) processing plant at its Bougouni lithium project, in...
Rare earths developer Pensana has reported that the completion of the extended processing plant plot area on its Longonjo rare earths refinery project, in Angola, lays the groundwork for...
Engineering and plant services provider Babcock and machine industry company Volvo Construction Equipment (CE) on June 26 launched the new generation of Volvo articulated haulers and excavators to...
JSE-listed Exxaro Resources has warned that its coal production, including buy-ins, and sales volumes for the first half of this year are projected to decline by 6% and 7% respectively, primarily...
ASX-listed West Wits Mining has executed definitive legal agreements for a senior syndicated loan facility of up to R875-million to fund the development of the Qala Shallows gold project, the first...
The newly named Cementation Africa is excited about setting the rebranded business on a new growth path. As part of preparations to operate outside of the Murray & Roberts Group, the new “own...
Australian mining company Patriot Resources said on Monday that it had started drilling activities at its Copper Top Hill prospect, about 850 m northeast of the Sugarloaf copper deposit in Zambia’s...
Australia-listed West African Resources has poured first gold at its flagship Kiaka project in Burkina Faso, delivering the milestone ahead of schedule and under budget, as the company progresses...
The UK government is promising Africa a fresh in-Africa value-adding approach to the mining and minerals development it will be going all out to partner and promote. This promise was spelt out...
Russian mining giant Nornickel expects a balanced palladium market this year but oversupply in the nickel market, Nornickel Vice President Anton Berlin told reporters on Friday. Nornickel is the...
Gabon’s government signed a $3.8-billion memorandum of understanding with the African Export-Import Bank to fund the development of manganese, gold trading, energy and rail infrastructure. The...
South African stocks are heading for their best first-half performance in almost two decades, and precious-metal prices could pave the way for further gains. The FTSE/JSE Africa All Share Index is...
Africa’s mining sector is entering a new period of disruption where risk has become a defining force shaping strategy, investment and operational performance, says consultancy dss+ in a newly...
Aim-listed Premier African Minerals has appointed experienced mining executive Graham Hill as MD with effect from July 16, as the company looks to strengthen its technical leadership and bring the...
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