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South32 makes investment in Canadian copper explorer
South32 makes investment in Canadian copper explorer
11th November 2024 By: Mariaan Webb

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 


Eastplats reports 49.5% decrease in revenue
11th November 2024 By: Sabrina Jardim

JSE- and TSX-listed Eastern Platinum (Eastplats) has reported a 49.5% decrease in revenue to $11-million for the third quarter of the year ended September 30, compared with the $21.8-million... 


Syrah receives first $53m disbursement from DFC loan
11th November 2024 By: Creamer Media Reporter

Australia-listed Syrah Resources has announced that its subsidiary, Twigg Exploration and Mining, has received the first disbursement of $53 million from its loan agreement with the US... 


Petra names new chairperson as Shine confirms retirement
11th November 2024 By: Sabrina Jardim

London-listed Petra Diamonds says Varda Shine will not offer herself for re-election at the company's forthcoming AGM on November 13 and will retire from the board at the conclusion of that... 


Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 By: Sabrina Jardim

JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the... 


Barrick CEO Mark Bristow
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom
11th November 2024 By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Resolute Mining CEO Terence Holohan
Resolute Mining slumps after Mali detains CEO, two other employees
11th November 2024 By: Reuters

Shares of Australian gold miner Resolute Mining plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government... 


Solar panels, wind turbines and a hydrogen storage tank
JET Funding Platform to close first application window on Dec 15
8th November 2024 By: Darren Parker

The Just Energy Transition (JET) Funding Platform, launched on October 25, will close its first window for applications on December 15, according to JET Funding Platform analyst Mohlokoa Ngoasheng.... 


Workers on powerlines
IPP Office to oversee pilot procurement of private independent transmission projects
8th November 2024 By: Terence Creamer

Government has confirmed that the Independent Power Producer Office (IPPO), which has overseen the public procurement of more than 7 300 MW of operational renewable-energy capacity since 2011, will... 


An image showing the Vametco project
Bushveld production to continue to decrease on liquidity challenges
8th November 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals will continue with a controlled slowdown of production owing to liquidity challenges, CEO Craig Coltman says in an operational update for the three months and nine... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Soldier in Mozambique
SAAFF bemoans lethargic SADC's failure to stop Moz conflicts impacting regional economy
8th November 2024 By: Marleny Arnoldi

With more than 500 000 people having been displaced and 5 785 having died over the last seven years as conflict wages in Mozambique’s Cabo Delgado province, Southern Africa Association of Freight... 


Image of African Rainbow Minerals (ARM) technology executive Henk Bouwer.
SA’s ferroalloy industry has ‘entered the final stages of dying’, unless govt, industry step in, says ARM’s Bouwer
8th November 2024 By: Irma Venter

While Zimbabwe has taken steps to ban chrome-ore exports in favour of beneficiation, vast ore volumes are leaving South Africa without being beneficiated, says African Rainbow Minerals (ARM)... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


An image of Eskom Distribution group executive Monde Bala
Nersa publishes Eskom’s proposed Retail Tariff Plan for public consultation
8th November 2024 By: Tasneem Bulbulia

The National Energy Regulator of South Africa (Nersa) has published State-owned utility Eskom’s proposed Retail Tariff Plan for public consultation, detailing changes to its tariff charges and... 


Platinum, Ergo solar plant, Madagascar graphite advance make headlines
Platinum, Ergo solar plant, Madagascar graphite advance make headlines
8th November 2024

Mining Weekly Editor Martin Creamer discusses the appeal of platinum as an investment asset for Chinese investors; DRDGOLD’s Ergo solar plant receiving an Eskom grid connection certificate; and... 


Stockpiles of iron-ore in Australia's Pilbara
Iron-ore falls ahead of China unveiling fresh fiscal stimulus
8th November 2024 By: Reuters

Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top consumer China unveiling its keenly-watched fiscal stimulus package. The... 


Critical Minerals Africa Group launched
8th November 2024 By: Tasneem Bulbulia

Critical minerals industry stakeholders on November 7 launched the Critical Minerals Africa Group (CMAG), with the aim of strengthening relationships between Africa and global markets, empowering... 


Gold bars
Gold ETF demand turns positive for year-to-date, says WGC
8th November 2024 By: Reuters

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 


Magazine cover image
Organised business embraces, with caveats, Climate Change Act
8th November 2024 By: Tasneem Bulbulia

With climate change perceived as one of the critical challenges threatening the viability of businesses, infrastructure and natural ecosystems, industry bodies Minerals Council South Africa and... 


Arc identifies priority target for drilling in Zambian JV
7th November 2024 By: Marleny Arnoldi

London-listed Arc Minerals has observed copper mineralisation at all targets drilled on the joint venture (JV) project it has with Anglo American in Zambia. The companies have identified priority... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


Image of Minerals Council South Africa (MCSA) chief economist Hugo Pienaar
Mining industry to ‘push back strongly’ against Eskom’s proposed tariff hikes – Pienaar
7th November 2024 By: Irma Venter

South Africa’s mining industry will “certainly push back strongly” against Eskom’s proposed tariff hikes, says Minerals Council South Africa (MCSA) chief economist Hugo Pienaar. If granted, Eskom’s... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Eskom presenting at a previous public hearing
Nersa calls those wanting to make presentations on Eskom’s tariff hike to apply immediately
7th November 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has called on stakeholders wanting to make oral presentations on Eskom’s sixth multiyear price determination (MYPD6) to submit their requests... 


Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance
7th November 2024 By: Sabrina Jardim

Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results.... 


Hummingbird faces buyout, Aim delisting amid financial constraints
7th November 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity... 


Bisie tin mine
Alphamin posts record quarterly tin output
7th November 2024 By: Marleny Arnoldi

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 


The Port of Maputo
Grindrod suspends port operations in Mozambique after border closure
7th November 2024 By: Reuters

Logistics company Grindrod has suspended port and terminal operations in Mozambique after South Africa temporarily closed the main border with its northeastern neighbour over safety concerns after... 


NUM to sign wage agreement with Sibanye-Stillwater
7th November 2024 By: Sabrina Jardim

Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg,... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Blencowe now funded to see Orom-Cross DFS through to completion
6th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has announced a retail offer through a bookbuild of new ordinary shares valued at £195 000, as well as the successful raising of... 


Banks mull increasing Tulu Kapi debt package – Kefi
6th November 2024 By: Sabrina Jardim

Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from... 


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