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Africa

Mine alongside solar PV facility
Pan African signs ten-year renewable supply deal with NOA Trading
5th August 2025 By: Terence Creamer

Gold producer Pan African Resources has signed a ten-year renewables supply agreement with licensed electricity trader NOA Group Trading for 10% of its total yearly electricity load of 112 GWh. The... 


Columbus Steel plant
New CEO appointed for Anglo American-backed green steel venture PeroCycle
5th August 2025 By: Marleny Arnoldi

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... 


The Bimha PGMs mine in Zimbabwe
Zimbabwe platinum miners owed millions in unpaid export earnings
5th August 2025 By: Reuters

Zimbabwe's platinum miners are owed millions of dollars in unpaid exports income under the government's foreign currency retention rules, the mining chamber has said, hurting operations in a sector... 


Mineral and Petroleum Resources Minister Gwede Mantashe
Mantashe wants all diamond producers to contribute towards collective diamond marketing efforts
5th August 2025 By: Darren Parker

After attending a high-level Ministerial roundtable in Luanda, Angola, in June, Mineral and Petroleum Resources Minister Gwede Mantashe has proposed that South African diamond producers contribute... 


An image of the Oyu Tolgoi project
Rio Tinto reports progress in achieving global tailings management standard conformance
5th August 2025 By: Tasneem Bulbulia

Diversified miner Rio Tinto chief technical officer Mark Davies says the group has worked hard over the past five years to bring its tailings facilities into conformance with the Global Industry... 


Bauxite mined in Guinea
Guinea revokes Emirates Global Aluminium's mining concession, statement says
5th August 2025 By: Reuters

Guinea has revoked the bauxite concession awarded to a subsidiary of Emirates Global Aluminium (EGA) and transferred it to a newly created state-backed firm, citing violations of its mining code,... 


Askari complete technical due diligence at Ethiopia project
5th August 2025 By: Tasneem Bulbulia

ASX-listed Askari Metals has completed technical due diligence on the Nejo gold and copper project, in Ethiopia, a key condition precedent for settlement of the acquisition, subject to shareholder... 


Lotus receives ESIA certificate for Kayelekera mine
5th August 2025 By: Tasneem Bulbulia

ASX-listed Lotus Resources’ 85%-owned subsidiary Lotus (Africa), the owner of the Kayelekera uranium project, in Malawi, has received the environmental- and social-impact assessment (ESIA)... 


Kansanshi copper mine, in Zambia
First Quantum secures long-term capital through gold streaming agreement
5th August 2025 By: Marleny Arnoldi

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... 


Toyota and China’s Shudao Investment  to build a hydrogen fuel cell plant in Chengdu.
Demand outlook for South Africa’s platinum uplifted by China-Toyota hydrogen project
5th August 2025 By: Martin Creamer

A development that is improving the demand outlook for South African platinum group metals (PGMs) is the announcement of a joint venture (JV) between Japan’s Toyota Motor Corporation and China’s... 


Sibanye-Stillwater's call for US tariff on Russian palladium may add to price volatility
Sibanye-Stillwater's call for US tariff on Russian palladium may add to price volatility
5th August 2025 By: Reuters

Sibanye-Stillwater has asked the United States to consider imposing a tariff on Russian palladium imports to support the long-term viability of US supplies, in a move that could increase volatility... 


An image of the Marula operation
Implats improves units costs during full-year, but production volumes decrease
4th August 2025 By: Tasneem Bulbulia

JSE-listed Impala Platinum (Implats) says it delivered a “commendable” performance across its mining and processing assets for the full-year ended June 30. Unit costs benefitted from easing input... 


Gold Fields' South Deep mine
Gold Fields foresees 203% interim headline earnings rise
4th August 2025 By: Marleny Arnoldi

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... 


Gold jewellery
Heraeus says prolonged high gold prices lower jewellery demand in key regions
4th August 2025 By: Marleny Arnoldi

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.... 


An image of Mintek CEO Dr Molefi Motuku
Registrations open for Mintek-Science Convention for Innovators
4th August 2025 By: Tasneem Bulbulia

National mineral research organisation Mintek has called on young researchers to register for the second yearly Mintek-Science Convention for Innovators (SCi), a national platform for emerging... 


Trade, Industry and Competition Minister Parks Tau speaks while International Relations Minister Ronald Lamola listens during a joint briefing in Germiston
Cabinet to meet on support package for firms and workers exposed to 30% US tariffs
4th August 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau will present Cabinet with a proposed support package for South African companies and workers that will be negatively affected by the 30%... 


AngloGold Ashanti CEO Alberto Calderon.
AngloGold holds costs below 2% amid peers averaging 15%-plus
4th August 2025 By: Martin Creamer

Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost... 


Jupiter Mines MD Brad Rodgers speaking at the Diggers and Dealers conference in Kalgoorlie, Australia.
Kalahari manganese field ripe for consolidation, says Jupiter MD
4th August 2025 By: Mariaan Webb

ASX-listed Jupiter Mines is eyeing consolidation opportunities in South Africa’s Kalahari manganese field, one of the richest manganese-bearing regions globally, to unlock further value from its... 


mining begins at qala shallows
West Wits advances toward production at Qala Shallows
4th August 2025 By: Darren Parker

ASX- and OTCQB-listed West Wits Mining is advancing through the mobilisation phase at its flagship Qala Shallows project, in South Africa, as the team progresses toward first gold production, the... 


Goldplat gold recovery plant
Goldplat’s full-year results hampered by forex losses in Ghana
4th August 2025 By: Marleny Arnoldi

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... 


An image of the Minim Martap project map
Canyon completes first drawdown from credit facility to progress Cameroon project
4th August 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has completed the first drawdown from its $140-million credit facility with AFG Bank Cameroon after satisfying the required drawdown conditions, with the initial... 


Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
4th August 2025 By: Reuters

Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that... 


Caracal enters into exclusivity agreement with Tanzanian company
1st August 2025 By: Darren Parker

LSE-listed Caracal Gold has entered into an exclusivity agreement with Tanzanian mining and exploration company Pumba Resources in respect of its portfolio of gold prospecting licence applications... 


Newmont unlocks $100m payment as Ghana ratifies Akyem lease
Newmont unlocks $100m payment as Ghana ratifies Akyem lease
1st August 2025 By: Creamer Media Reporter

US-based Newmont has unlocked a $100-million payment from Zijin Mining following the ratification of the Akyem East mining lease by Ghana’s Parliament, marking a key milestone in the company’s... 


Orion extends share purchase plan closing date
1st August 2025 By: Darren Parker

ASX- and JSE-listed Orion Minerals has advised shareholders that the closing date of its share purchase plan (SPP) has been extended by one week to August 12, from the original closing date of... 


Kibali gold mine in Democratic Republic of Congo.
Soaring free cash flow uplifts AngloGold dividend payout as debt plummets 92%
1st August 2025 By: Martin Creamer

The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights... 


An image of an Eskom coal-fired power station
FFF Carbon to host responsible coal-fired power generation discussion
1st August 2025 By: Tasneem Bulbulia

As part of its Colloquia in Energy, Economics and the Environment, nonprofit organisation FFF Carbon will host its first series, “Power Generation: Opportunities for responsible coal-fired power... 


Aura secures US offtake, spot sales agreements for Tiris uranium project
1st August 2025 By: Sabrina Jardim

ASX- and Aim-listed Aura Energy has executed two agreements for the future sales of uranium oxide concentrate (UOC) from its Tiris uranium project, in Mauritania. It has entered into a long-term... 


An image of Quinton Adams
Two Copper 360 directors resign from board amid restructuring process
1st August 2025 By: Tasneem Bulbulia

Gordon Thompson and Quinton Adams have resigned from the board of JSE-listed Copper 360 with effect from July 31, as a consequence of the company restructuring its management, operational and... 


Koryx president and CEO Heye Daun.
Koryx closes $25m fundraising drive
1st August 2025 By: Sabrina Jardim

TSX-V-listed Koryx Copper has closed its previously announced bought deal public offering of an aggregate of 19.05-million common shares of the company at a price of C$1.05 per common share for... 


Graphite from Blencowe
Blencowe signs graphite offtake agreement with UK-based firm
1st August 2025 By: Tasneem Bulbulia

London-listed Blencowe Resources has signed a nonbinding agreement for the offtake of natural fine flake concentrate from its Orom-Cross graphite project, in Uganda, with UK-based advanced... 


Jeff Quartermaine
Perseus appoints new MD as Quartermaine retires after 12-year stint
1st August 2025 By: Sabrina Jardim

After 12 years, Jeff Quartermaine will retire as MD and CEO of ASX-listed Perseus Mining, with effect from September 30. Quartermaine will be succeeded by Craig Jones, who will begin work with... 


Valterra Platinum, De Beers, Kumba Iron Ore make headlines
Valterra Platinum, De Beers, Kumba Iron Ore make headlines
1st August 2025

Mining Weekly Editor Martin Creamer discusses Valterra Platinum’s feasibility study into the development of Sandsloot Underground in Limpopo; Anglo's belief that De Beers is well positioned to... 


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