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Africa

Flakes of cobalt
Congo considers asking Indonesia to help rein in cobalt supply
19th March 2025 By: Bloomberg

A Congolese ministerial committee recommended measures to bolster a temporary ban on cobalt exports, including working with Indonesia, the No. 2 supplier of the battery metal. The Democratic... 


The Selebi mine
Premium Resources completes recapitalisation, appoints new CEO
19th March 2025 By: Mariaan Webb

TSX-V-listed explorer Premium Resources has completed the recapitalisation of the company, including a C$46-million equity private placement and the equity conversion of its C$20.88-million term... 


Photo of Martin Creamer
Platinum boosted by EU backing, LBMA wants action across gold value chain, mindfulness and vigilance grow crucial
19th March 2025

Mining Weekly Editor Martin Creamer unpacks platinum recently being given a major boost with EU backing; the London Bullion Market Association calling for action along the entire gold value chain;... 


Speakers who participated in a webinar about net-zero targets
Net-zero strategies cannot succeed without breaking down silos – consultant
19th March 2025 By: Darren Parker

It is important for any company starting its journey towards net-zero or even-zero emissions to understand that, for a sustainability strategy to hold any water, the business needs to break down... 


Resources Watch
Resources Watch
19th March 2025

This week: South Africa can return to being global ferroalloy hub, ARM’s Andre Joubert reiterates; ‘Very promising’ narrow-reef boring technology nearing rollout stage, ARM reports; and, Exxaro... 


Midtier sub-Saharan Africa markets could see slight growth uptick in 2025
18th March 2025 By: Schalk Burger

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 


Exxaro's Cennergi renewables capacity more than 437 MW.
Exxaro bullish on renewables, foresees decade of significant green energy growth
18th March 2025 By: Martin Creamer

In the next ten years, renewable energy market growth indications point to 30 GW of clean power capacity coming into play. That is the calculation of Leon Groenewald, the MD of Exxaro Energy, the... 


Glencore's Antapaccay operation in Peru
Glencore on path to reclaim 1Mt copper output by 2028
18th March 2025 By: Mariaan Webb

Diversified commodities major Glencore is positioning itself for copper production growth in the coming years, with CEO Gary Nagle stating that the company is on a clear path to return to producing... 


Katoro halts investment in Haneti as focus shifts to its Canadian portfolio
18th March 2025 By: Creamer Media Reporter

Aim-listed energy and precious minerals exploration and development company Katoro Gold has, following an extensive technical review of further opportunities at its 65%-owned Haneti project, in... 


The construction site at the Longonjo mine
Pensana receives approvals for the $268m needed to develop Longonjo
18th March 2025 By: Creamer Media Reporter

London-listed magnet metal supply chain developer Pensana has received approvals for the full financing of about $268-million for the development of its Longonjo rare earth project, in Angola. The... 


An image showing Minim Martap logistics
Canyon completes acquisition of stake in Cameroon rail operator
18th March 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources’ wholly-owned subsidiary, Camalco Cameroon, has acquired the 5.3% equity interest in Cameroon rail network operator Camrail from TotalEnergies Marketing Cameroun (Total... 


An image of the Sanbrado plant
West African reports positive results from studies at Burkina Faso project
18th March 2025 By: Tasneem Bulbulia

ASX-listed unhedged gold mining company West African Resources has reported positive results for its resource estimation and scoping studies for a potential underground development beneath the... 


A gold bar being poured
Gold hits record high as tariff uncertainty fuels safe-haven demand
18th March 2025 By: Reuters

Gold prices scaled a record peak above the crucial $3 000-mark on Tuesday for the second time in a week, as investors sought cover from economic concerns fuelled by US President Donald Trump's... 


Fakude, Mkhwanazi, Daley step down as Amplats nonexec directors
17th March 2025 By: Creamer Media Reporter

Nolitha Fakude, Themba Mkhwanazi and Matt Daley have stepped down as nonexecutive directors of Anglo American Platinum (Amplats) and consequently from the board committees they serve on, with... 


LBMA CE Ruth Crowell.
Action needed along entire gold value chain from ‘rock to ring’, LBMA event is told
17th March 2025 By: Martin Creamer

In terms of sustainability and responsible sourcing, the 2025 focus of the independent London-based precious metals association – the LBMA – will be on mandatory disclosure, recycled gold and... 


Lotus inks binding uranium offtake with N American power utility
17th March 2025 By: Creamer Media Reporter

Australia’s Lotus Resources has announced the signing of a binding contract with a major North American power utility for the sale of 600 000 lb of uranium from the Kayelekera mine in Malawi. The... 


A hydrogen powered truck at Anglo American Platinum's Mogalakwena mine
Coronation takes new look at platinum stocks as EV sales slow
17th March 2025 By: Bloomberg

The slowdown in sales of electric vehicles worldwide has prompted Coronation Fund Managers Ltd. to take a fresh look at South African producers of precious metals used in traditional gasoline... 


Tertiary drill core sample from Mushima North project
Tertiary confirms more silver, base metal mineralisation at Mushima North
17th March 2025 By: Marleny Arnoldi

Aim-listed Tertiary Minerals has confirmed more silver, copper and zinc mineralisation at its majority-owned Mushima North project, in Zambia, following additional assay results received from... 


An image showing maiden drilling at the Bibemi project
Oriole reports encouraging gold intersections from drilling programme in Cameroon
17th March 2025 By: Tasneem Bulbulia

Aim-listed Oriole Resources says the results from Phase 5 drilling at its 90%-owned Bibemi gold project, in Cameroon, have successfully demonstrated that the mineralisation continues between the... 


Kavango announces significant increase in underground potential at Zimbabwe project
17th March 2025 By: Tasneem Bulbulia

Aim-listed Kavango Resources has announced a significant upgrade to the underground mining potential of Prospect 1 at the Hillside project in Matabeleland, Zimbabwe. Kavango intersected a reef,... 


Thungela CEO July Ndlovu
Thungela delivers resilient performance, reports 16% y/y revenue increase
17th March 2025 By: Sabrina Jardim

Johannesburg- and London-listed Thungela Resources delivered a resilient performance for the financial year ended December 31, 2024. The company reports that full-year export saleable production... 


An image of potash
Emmerson draws first tranche of litigation, working capital funds
17th March 2025 By: Tasneem Bulbulia

Morocco-focused potash development company Emmerson has drawn down the first tranche of funding under the Capital Provision Agreement (CPA), which will provide the company with up to $11-million in... 


Newmont CEO Tom Palmer
Newmont CEO highlights ‘unmatched’ stability and growth potential in annual report
17th March 2025 By: Mariaan Webb

US-headquartered miner Newmont CEO Tom Palmer has reaffirmed the company’s position as a leader in the gold and copper sectors, touting its “unmatched stability and growth potential” in the release... 


Updated study on Jelani Resources project under way
17th March 2025 By: Darren Parker

Aim- and OTCQB-listed gold exploration and development company Lexington Gold’s joint venture (JV) Jelani Resources has engaged Bara Consulting to conduct an updated study on the Jelani Resources... 


Glencore overhauls embattled Canadian smelters as margins plunge
Glencore overhauls embattled Canadian smelters as margins plunge
17th March 2025 By: Bloomberg

Glencore is doubling down on a cost-cutting drive at its Canadian copper and zinc plants following job cuts last year, in a further overhaul of its global smelting business following a collapse in... 


UBS boosts gold target to $3 200 as trade risks stay elevated
UBS boosts gold target to $3 200 as trade risks stay elevated
17th March 2025 By: Bloomberg

UBS Group became the latest bank to raise its price outlook for gold on increasing chances of a protracted global trade war — a scenario that analysts expect will continue to drive investors to... 


From left, European Council President António Costa, President Cyril Ramaphosa and  European Commission President Ursula von der Leyen, in Cape Town.
Platinum given major boost by EU backing green hydrogen generation in South Africa
14th March 2025 By: Martin Creamer

South Africa’s world-leading platinum group metals (PGM) endowment received a major boost when European Commission President Ursula von der Leyen referred specifically to clean energy and green... 


zinc bars
Shuka Minerals extends Kabwe acquisition completion date while it awaits last approval
14th March 2025 By: Marleny Arnoldi

Aim-listed Shuka Minerals has received all but one of the regulatory approvals required to complete the acquisition of Leopard Exploration and Mining, and thereby the Kabwe zinc mine, in Zambia.... 


Orion Minerals MD and CEO Errol Smart
Orion progresses with internal reviews for Okiep DFS
14th March 2025 By: Sabrina Jardim

Providing an update on the timing of the release of the definitive feasibility study (DFS) on the Flat Mines Project, part of the Okiep copper project, in the Northern Cape, JSE- and ASX-listed... 


Uitkomst Colliery
MC Mining’s loss widens to $8.4m
14th March 2025 By: Marleny Arnoldi

Coal miner MC Mining has recorded a 31% year-on-year decrease in run-of-mine (RoM) tonnes from the Uitkomst Colliery, in South Africa’s KwaZulu-Natal province, for the six months ended December 31,... 


Mineral and Petroleum Resources Minister Gwede Mantashe at the ribbon cutting of the Naudesbank colliery
Mantashe lauds opening of Seriti's Naudesbank Colliery, insists coal mining remains critical
14th March 2025 By: Darren Parker

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 


Tropical cyclone Jude halts Mozambique coal railway, cuts off highway
14th March 2025 By: Bloomberg

Mozambique’s main rail line for its top export of coal halted operations this week because of a tropical cyclone that also cut off a national highway. Nacala Logistics, which operates the railway... 


An image of the Driefontein gold mine
Sibanye-Stillwater confirms loss of life at Driefontein
14th March 2025 By: Tasneem Bulbulia

Global miner Sibanye-Stillwater has confirmed that an employee died following a tramming incident at its Driefontein gold mine, in Carletonville on the West Rand, earlier this week. This follows... 


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