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Gold smelting in Zimbabwe
Zimbabwe wants 26% free-carry stake in new mining projects
11th December 2024 By: Bloomberg

Zimbabwe is planning to hold 26% of new mining projects on a free carry basis, and will also negotiate with existing operators to acquire a similar stake. “We need to move to a level where we reach... 


gold bars
Gold’s record-level performance in 2024 likely to continue into 2025 – Heraeus
11th December 2024 By: Darren Parker

The trends that helped propel gold to record levels this year look set to continue in 2025, according to the ‘Precious Metals Forecast 2025’ published by German precious metals trader Heraeus... 


An iron-ore deposit
Guinea plans sovereign wealth fund backed by iron-ore income
11th December 2024 By: Bloomberg

Guinea plans to use some of its income from mining the world’s largest iron-ore reserve to create a sovereign wealth fund. The facility will fund key development projects in the government’s... 


Collapsed wall kills five Kenyan gold miners, local official says
11th December 2024 By: Reuters

A wall collapsed at an illegal gold mine in northern Kenya, killing five people and leaving around 15 others missing, a local government official said on Tuesday. The bodies of five miners were... 


Barrick said to seek buyer for Tongon mine as bullion soars
Barrick said to seek buyer for Tongon mine as bullion soars
11th December 2024 By: Bloomberg

Barrick Gold Corp. is seeking buyers for its Tongon gold mine in Côte d'Ivoire in an effort to sell the aging operation when bullion prices are surging. The world’s No. 2 gold miner started... 


Harmony's Moab mine
PGM, chrome and diamonds drove mining output higher in October
10th December 2024 By: Marleny Arnoldi

Statistics South Africa reports that mining production increased by 1.4% year-on-year in October, with the largest positive contributors having been platinum group metals (PGM), chromium ore,... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa seeks to catalyse Japanese finance for green hydrogen projects
10th December 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa is in Japan this week in a bid to secure financial backing for flagship South African green-hydrogen projects in the Eastern and Northern... 


Wesizwe’s IT systems compromised
10th December 2024 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum says it detected, on December 9, that the company’s information management systems had been compromised. The IT team, with the support of management, has been... 


Critical Mineral Resources signs exclusive antimony agreement
10th December 2024 By: Tasneem Bulbulia

London-listed Critical Mineral Resources has announced its first exclusive offtake contract. The company recently signed an agreement for the purchase of high-grade antimony ore, mined by a... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


Ethiopian flag
Akobo prepares for first exports of gold from Segele project
10th December 2024 By: Marleny Arnoldi

Scandinavia-headquartered gold exploration and mining company Akobo Minerals says record high gold prices in the global market is improving the value of its Segele resource and revenue potential... 


Eskom Generation GM Eric Shunmagum
Eskom provides update on coal plants where decommissioning has been delayed to 2030
10th December 2024 By: Terence Creamer

State-owned electricity utility Eskom has provided some additional detail regarding the decision to continue operating 17 coal units across five power stations beyond their original decommissioning... 


Anglo American appoints Anne Wade as nonexec director
10th December 2024 By: Tasneem Bulbulia

Diversified miner Anglo American has appointed Anne Wade as a nonexecutive director and member of its board audit and sustainability committees, with effect from January 1, 2025. Wade is... 


dragline on coal mine
Thungela expected to exceed full-year export saleable production guidance for 2024
10th December 2024 By: Darren Parker

Based on coal producer Thungela Resources’ performance from January 1 to November 30, CFO Deon Smith has expressed confidence that the company would exceed its full-year export saleable production... 


Emerald in hand
Grizzly earns $22m from latest emerald auction
10th December 2024 By: Marleny Arnoldi

Emerald producer Grizzly Mining has generated $22.4-million of revenue from its latest auction, held in Dubai. The company offered mid- to high-grade rough emeralds produced from the Grizzly mine... 


An image showing the Madaouéla mine
GoviEx, subsidiary starts arbitration process with Niger over uranium project
10th December 2024 By: Tasneem Bulbulia

Mineral resources company GoviEx Uranium and its subsidiary GoviEx Niger have started arbitration proceedings against Niger under the Convention on the Settlement of Investment Disputes Between... 


An image showing transmission towers
Minerals Council upbeat on South Africa’s electricity supply situation amid improved EAF
10th December 2024 By: Tasneem Bulbulia

State-owned utility Eskom’s average energy availability factor (EAF) exceeded 60% for the seventh consecutive month in November. This milestone coincided with over 250 days without loadshedding and... 


Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Mozal Aluminium
Civil unrest preventing delivery of raw materials to South32’s Mozal Aluminium
10th December 2024 By: Darren Parker

The transportation of raw materials to diversified miner South32’s Mozal Aluminium operation is being negatively impacted on by road blockages related to escalating civil unrest in Mozambique.... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


Space-based mining risk assessment system for junior miners receives UK funding
9th December 2024 By: Rebecca Campbell

US-based artisanal and small-scale mining support services and product marketing company Makor Resources and UK-based environmental data collection tools provider AUYAN have announced that they... 


Transnet's logo
AfDB disburses first tranche of $1bn loan to Transnet for recovery
9th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to... 


Beatrix 4 shaft
Neo Energy acquires Sibanye-Stillwater’s Beatrix 4 shaft, including the Beisa uranium project
9th December 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has agreed to sell its Beatrix 4 shaft, in the Free State, to LSE-listed uranium exploration and development company Neo Energy Metals for R500-million in... 


ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
9th December 2024 By: Sabrina Jardim

Global technology company ABB has been selected by global mining company BHP to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist at... 


Turaco secures rights to expand Afema project area in Cote d’Ivoire
9th December 2024 By: Tasneem Bulbulia

ASX-listed Turaco Gold, and its 100%-owned subsidiary Turaco Côte d’Ivoire, have entered into an exclusivity and option agreement with Pioneer Minerals, securing acquisition rights over an... 


Triton sells 70% of Mozambique graphite project
9th December 2024 By: Darren Parker

ASX-listed Triton Minerals has entered into a share sale and purchase agreement (SSAP) with Chinese company Shandong Yulong Gold through its wholly-owned subsidiary NQM Gold 2 for an interest in... 


Arrow confirms substantial bauxite discovery in Guinea
9th December 2024 By: Darren Parker

ASX-listed Arrow Minerals has confirmed a substantial bauxite discovery with high-grade mineralisation already outlined over 5 km2 at its Niagara bauxite project, in Guinea. This discovery is... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


Production ramp-up at Homase remains on target
9th December 2024 By: Sabrina Jardim

Aim-listed Goldstone Resources has reported that the production ramp-up at its Homase mine, in south-western Ghana, continues to advance in line with expectations. The company notes a 34% increase... 


Star Minerals shareholders approve Namibia project earn in
9th December 2024 By: Tasneem Bulbulia

Shareholders of ASX-listed Star Minerals have approved the Cobra uranium project earn in, in the Erongo region of Namibia, at a general meeting held on December 6. Earlier this month, Star... 


An image of Otlotleng Moshupa, South Africa's winner for the De Beers' jewellery competition
De Beers Group announces 2024 jewellery design competition winners
9th December 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 


Moma
Staff remain safely on site at Moma despite protests, Kenmare assures
9th December 2024 By: Darren Parker

Dual-listed mineral sands producer Kenmare Resources has said that, contrary to some media reports, senior management have remained on site at the Moma titanium minerals mine, in northern... 


Citi chops back copper forecasts as Trump’s trade tariffs loom
Citi chops back copper forecasts as Trump’s trade tariffs loom
9th December 2024 By: Bloomberg

Copper looks set to struggle as extra US trade tariffs from the Trump administration and economic risks in China drag on consumption and prices next year, according to Citigroup. The metal —... 


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