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Africa

Peak Minerals raises A$3.5m through strategic placement
3rd July 2025 By: Darren Parker

ASX-listed Peak Minerals has received a firm commitment to raise A$3.5-million through a strategic placement to a European-based investor at an issue price of $0.035 a share. The issue price is... 


Minerals Budget Vote 2025 under way in Parliament.
Hazardous, illegal mine openings shut, rehabilitation sharpened, Parliament hears
3rd July 2025 By: Martin Creamer

South Africa’s derelict and ownerless mine rehabilitation programme has gone beyond rehabilitation to include the closure of hazardous old shaft openings as well as apertures created by illegal... 


Rare earth oxides
Mkango announces proposed merger with US firm
3rd July 2025 By: Darren Parker

Aim- and TSX-listed Mkango Resources has announced that its subsidiary, Lancaster Exploration, along with other related entities, will merge with US-listed special purpose acquisition company Crown... 


Caracal secures $1m loan facility
3rd July 2025 By: Sabrina Jardim

London-listed Caracal Gold has secured interim funding of $1-million through a convertible loan facility from a group of lenders comprising existing German-based financiers and Gathoni Muchai... 


Kazera’s South African project continues to perform well
3rd July 2025 By: Tasneem Bulbulia

Aim-listed Kazera Global says operations at its Whale Head Minerals (WHM) heavy mineral sands (HMS) project, in South Africa, continue to progress well, with new processing infrastructure... 


Turaco to sell another project as it focuses on Afema
3rd July 2025 By: Sabrina Jardim

ASX-listed Turaco Gold has entered into share sale and purchase agreements with fellow ASX-listed Santa Fe Minerals for the divestment of its interest in the Satama granted exploration permit and... 


kibali
Drilling results at Kibali extend scale, life-of-mine
3rd July 2025 By: Darren Parker

NYSE- and TSX-listed Barrick Mining Corporation reports that drilling results from the ARK-KCD corridor at its Kibali gold mine, in the Democratic Republic of Congo (DRC), serve to strengthen... 


Leo Lithium eyes acquisitions after cashing in on Goulamina exit
Leo Lithium eyes acquisitions after cashing in on Goulamina exit
3rd July 2025 By: Mariaan Webb

Australian lithium hopeful Leo Lithium has confirmed receipt of the final proceeds from the sale of its interest in the Goulamina lithium project, in Mali, raising $177.6-million including... 


Tin ore
Mineral smuggling from Congo to Rwanda at ‘unprecedented levels’, UN says
3rd July 2025 By: Bloomberg

Mineral smuggling from eastern Democratic Republic of Congo into neighbouring Rwanda has reached “unprecedented levels” amid the occupation of a large swath of the region by Rwanda-backed M23... 


Long-delayed cadastre held up once more, Minister reports
2nd July 2025 By: Martin Creamer

The introduction of the long-delayed new cadastre system, which was meant to be initiated in the Western Cape on July 1, has been delayed by a further three months, Minerals and Petroleum Minister... 


A South African chrome mine
Minerals Council supports beneficiation, opposes lack of engagement
2nd July 2025 By: Martin Creamer

Minerals Council South Africa is fully supportive of adding value to South Africa’s minerals but the process to create an environment conducive to beneficiation must include all stakeholders to... 


France's Orano says its Niger uranium mine on verge of bankruptcy
2nd July 2025 By: Reuters

French uranium miner Orano said on Wednesday its majority-owned joint venture with Niger, SOMAIR, is on the verge of bankruptcy as a result of export restrictions imposed by Niger's military... 


International Lithium completes sale of noncore Irish assets
2nd July 2025 By: Tasneem Bulbulia

TSX-V- and FSE-listed International Lithium Corp (ILC) has completed the sale of all its interest in the Avalonia project, in Ireland, and in Blackstairs Lithium, the company that owns that... 


Graphite sample
Seventh drill programme on Orom-Cross confirms ‘even more substantial’ resource
2nd July 2025 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has completed the Stage 7 drilling programme at its Orom-Cross graphite project, in Uganda, which confirmed the continuity of mineralisation... 


Metso to deliver process equipment to Twin Hills
2nd July 2025 By: Darren Parker

Exploration and development company Osino Resources has awarded process technology company Metso with an order for the delivery of key process equipment for its Twin Hills gold project, in central... 


BHP VP Emma Roberts and COSCO VP Ji Lin signing green shipping agreement.
BHP moves into greener shipping amid cleaner transport ventures intensifying globally
2nd July 2025 By: Martin Creamer

In fewer than three years, major Johannesburg Stock Exchange secondary-listed mining giant BHP will be shipping ore from Australia to Asia in a greener manner amid intensification of transportation... 


Ariana identifies new gold anomaly next to Dokwe North
2nd July 2025 By: Sabrina Jardim

Aim-listed Ariana Resources has reported a significant 500-m-long gold-in-soil anomaly, identified 125 m along strike of the planned Dokwe North pit rim at its Dokwe gold project, in Zimbabwe,... 


De Beers' Venetia mine achieves 13-million fatality-free shifts
2nd July 2025 By: Schalk Burger

Diamond miner De Beers Group’s Venetia mine, in Limpopo, South Africa, has reached a landmark achievement of 13-million fatality-free shifts, placing the mine among a small group of mining... 


No objections lodged against Bengwenyama environmental authorisation
2nd July 2025 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium advises that the period has ended for affected parties to object to the recently granted environmental authorisation for a mining right and related... 


Resources Watch
Resources Watch
2nd July 2025

This week: Richards Bay Minerals’ three power pacts will supply 80% of the power it consumes; Praise heaped on geological data transparency of Malawi, Nigeria at London Indaba; and, New grader... 


Energy Council of South Africa CEO James Mackay
Energy Council views launch of wholesale electricity market as key to sustaining reform momentum
2nd July 2025 By: Terence Creamer

The Energy Council of South Africa is strongly supportive of the goal of launching the initial phase of the South African Wholesale Electricity Market  (SAWEM) in early 2026, arguing that the... 


Oil and gas methane emissions
Bezos-backed methane tracking satellite is lost in space
1st July 2025 By: Reuters

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... 


Minerals Council South Africa CEO Mzila Mthenjane.
Well-endowed South Africa has huge opportunity ‘right now’ to grow mining sector
1st July 2025 By: Martin Creamer

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... 


Dore bar of gold
Akobo reports more improvements with gold processing at Segele
1st July 2025 By: Marleny Arnoldi

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... 


Kavango exercises option to acquire Nara project; receives $5m funding commitment
1st July 2025 By: Tasneem Bulbulia

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. 


Gold bars
HSBC raises average gold price forecasts for 2025 and 2026
1st July 2025 By: Reuters

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... 


Shuka secures increased loan financing as it progresses Zambia acquisition
1st July 2025 By: Tasneem Bulbulia

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... 


Impala Bafokeng Resources' Styldrift mine
Implats consolidates two subsidiaries to ensure sustainability
1st July 2025 By: Marleny Arnoldi

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... 


Cato Ridge Works
600 workers to be retrenched when Cato Ridge Works plant closes end of August
1st July 2025 By: Darren Parker

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... 


An image of copper
Copper 360 experiences difficult year, but optimistic about the future
1st July 2025 By: Tasneem Bulbulia

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
Zambia launches 100 MW solar plant supplying First Quantum Minerals
1st July 2025 By: Reuters

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... 


Raw copper produced in Zambia
India sends geologists to Zambia to explore copper and cobalt deposits, sources say
1st July 2025 By: Reuters

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... 


Blue Gold eyes West Africa, LatAm deals after Nasdaq debut
1st July 2025 By: Creamer Media Reporter

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... 


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