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Africa

Eskom CEO Dan Marokane
Eskom now modelling single-digit tariff hikes, Marokane reports
30th September 2025 By: Terence Creamer

Eskom CEO Dan Marokane reports that the State-owned company is being geared towards receiving no more than single-digit tariff increases in future in recognition of the affordability pressures... 


Polished diamonds
Namibia cautious about taking up a stake in De Beers, local media report
30th September 2025 By: Reuters

Namibia will carefully consider whether or not to acquire a stake in De Beers as the diamond price slump persists, local media reported on Monday, citing the country's deputy prime minister. The... 


Sungrow to build 233 MW solar PV plant in DRC for CrossBoundary Energy
30th September 2025 By: Schalk Burger

Renewable energy project developer Sungrow will build a 233 MW solar PV plant in the Democratic Republic of Congo (DRC) for commercial and industry energy investment company CrossBoundary Energy,... 


An image of the Prieska mine
Orion to undertake A$5-million capital raising
30th September 2025 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has received firm commitments for a placement to sophisticated and professional investors and chairperson Denis Waddell, comprising about 333.33-million shares to... 


Wia Gold's Kokoseb gold project in Namibia
Scoping study confirms high return potential of Wia Gold’s Namibia project
30th September 2025 By: Marleny Arnoldi

ASX-listed Wia Gold has confirmed that it can produce gold at a rate of 177 000 oz/y at the Kokoseb project, in Namibia, at an all-in sustaining cost of $1 265/oz. In a scoping study on the... 


DMPR Minister Gwede Mantashe
New window for Junior Mining Exploration Fund opens
30th September 2025 By: Sabrina Jardim

Following the success of the first window for the Junior Mining Exploration Fund (JMEF), the Department of Mineral and Petroleum Resources (DMPR), the Council for Geoscience (CGS) and the... 


An image at Bakubung
Wesizwe’s expenditure costs rise, losses widen
30th September 2025 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum’s Administration expenditure for the year ended December 31, 2024, increased by R70.2-million to R98-million from R27.8-million year-on-year. Provision for legal claims... 


Etango uranium project
Bannerman reports solid progress for Etango early works
30th September 2025 By: Sabrina Jardim

ASX-listed Bannerman Energy has reported that early works construction activities at its Etango uranium project, in Namibia, are tracking in line with budget and on schedule. The company reports... 


Celebration at the ribbon-cutting ceremony (Photo supplied by SPS)
SPS, B2Gold launch first solar wheeling project under Namibia’s MSB programme
30th September 2025 By: Irma Venter

Sustainable Power Solutions (SPS), in partnership with B2Gold Namibia, the Oelofse family and Fortitude, have commissioned Namibia’s first solar wheeling project under NamPower’s Modified Single... 


Eskom's Megawatt Park head office
Eskom records first full-year profit in eight years
30th September 2025 By: Reuters

State-owned power utility Eskom reported its first full‑year profit in eight years on Tuesday, helped by government debt relief, higher tariffs and a sharp reduction in power cuts. The company's... 


Eskom chairperson Mteto Nyati
Eskom chair says future tariff hikes should be in line with inflation
30th September 2025 By: Terence Creamer

Eskom chairperson Mteto Nyati says the next mission of the board is to drive electricity affordability in a way that ensures that future electricity tariff increases do not exceed the rate of... 


Akobo gold samples
Akobo expects to deliver positive cash flow from operations in the third quarter
30th September 2025 By: Sabrina Jardim

Scandinavian gold producer Akobo Minerals, which is ramping up development at its Segele mine, in Ethiopia, has reported revenues of SKr9.6-million for the second quarter of this year. The company... 


Castle wind farm.
Low-cost renewables will make up 30% of Sibanye-Stillwater power supply by 2027
30th September 2025 By: Martin Creamer

A targeted 600 MW pipeline of solar and wind projects has been developed by platinum group metals (PGMs) and gold mining company Sibanye-Stillwater which, combined with other energy management... 


Valterra Platinum's Mogalakwena mine
South Africa records large FDI outflows in Q2 as Anglo spins off platinum unit
30th September 2025 By: Reuters

South Africa recorded foreign direct investment (FDI) outflows of R73.5-billion in the second quarter of 2025, compared to inflows of R11.7-billion in the first quarter, central bank data showed on... 


Gold bars
UBS forecasts gold price could reach $4 200/oz by mid-2026
30th September 2025 By: Reuters

Gold markets are now leaning toward a bull-case scenario where the price rises to $4 200/oz by mid-2026, UBS said in a note on Tuesday. The bank pointed to factors including a weakening US dollar,... 


Asante starts up sulphide plant at Bibiani gold mine
30th September 2025 By: Creamer Media Reporter

Precious metals miner Asante Gold has begun operating its sulphide plant at the Bibiani gold mine, in Ghana, marking the completion of construction and commissioning of the facility.... 


Gold smelting and refining
Mali's industrial gold output down 32% on Barrick suspension, document says
30th September 2025 By: Reuters

Mali's industrial gold production fell 32% year-on-year to 26.2 tons by the end of August, weighed down by the months-long suspension of Barrick Mining's operations, according to a mines ministry... 


An artist's impression of Hyphen's hydrogen project
RWE withdraws from $10bn Namibia green hydrogen project
30th September 2025 By: Reuters

German power utility RWE said on Monday that it had withdrawn from Namibia's $10-billion Hyphen green ammonia project, a blow to the southern African nation's ambitions to become a major hydrogen... 


Glencore investors question strategy as copper bonanza eludes miner
Glencore investors question strategy as copper bonanza eludes miner
30th September 2025 By: Bloomberg

Institutional investors in Glencore have grown increasingly frustrated with the commodity giant’s underperformance, with several large shareholders privately voicing their disappointment and... 


Uitkomst colliery
MC Mining posts wider loss as impairments, weaker sales weigh on results
29th September 2025 By: Darren Parker

ASX- and JSE-listed coal exploration and mining company MC Mining has reported a significantly widened after-tax loss of $36-million for the financial year ended June 30, compared with a... 


Kendrick Resources exercises option for Zambia licence
29th September 2025 By: Sabrina Jardim

London-listed Kendrick Resources has, further to its announcement on June 10, exercised its option in relation to the acquisition of the Blue Fox licence, in northwest Zambia. Accordingly, the... 


Public hearings are scheduled for November 17
Nersa launches market inquiry into impact of fixed charges on electricity customers
29th September 2025 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has launched a market inquiry into the impact of fixed charges being levied by Eskom and municipal electricity distributors, which it claims... 


AMSA's Vanderbijlpark Works
ArcelorMittal may get R8.5bn IDC bid for South Africa unit
29th September 2025 By: Bloomberg

South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of ArcelorMittal’s business in the country, people familiar... 


China signs deal with Zambia, Tanzania for $1.4bn railway upgrade
29th September 2025 By: Reuters

China, Zambia and Tanzania on Monday signed a $1.4 billion deal to refurbish the Tanzania-Zambia railway, a vital route for shipping copper exports from the region, Zambia's government said. The... 


Barrick President and CEO Mark Bristow.
Bristow stepping down after elevating Barrick to great heights in fewer than seven years
29th September 2025 By: Martin Creamer

The president and CEO of Barrick, Dr Mark Bristow, is stepping down after elevating the New York and Toronto-listed gold and copper mining company to great heights in fewer than seven years. After... 


US DFC provides $4.6m in project development funding for Songwe Hill
29th September 2025 By: Sabrina Jardim

Aim- and TSX-V-listed Mkango Resources has announced that its indirect wholly owned subsidiary, Lancaster Exploration – to be renamed Mkango Rare Earths (MKAR) – has entered into a project... 


diamond mine in Botswana
IMF recommends reforms as Botswana faces mining-induced fiscal pressure
29th September 2025 By: Marleny Arnoldi

The International Monetary Fund (IMF) has completed an Article IV consultation in Botswana, which found that the diamond sector is dragging the country’s economic growth down. After growing by... 


ZIOC chairperson Clifford Elphick
Zanaga executes share lock-in agreements with major shareholders
29th September 2025 By: Sabrina Jardim

Aim-listed Zanaga Iron Ore Company (ZIOC) has announced that, following a request from a potential investor engaged in ZIOC's strategic partner process, lock-in agreements have been signed between... 


Rawlinson resigns as Andrada director
29th September 2025 By: Darren Parker

Aim- and OTCQB-listed critical metals producer Andrada Mining has announced that Michael Rawlinson has resigned as a director of the company to focus on other professional commitments. "On behalf... 


Eskom group executive for generation Bheki Nxumalo
Fraught Eskom build programme completed as Kusile Unit 6 enters commercial operation
29th September 2025 By: Terence Creamer

Unit 6 at Kusile power station has officially entered into commercial operation, which Eskom says marks the end of its multi-decade build programme – one which experienced well-publicised delays,... 


Orion's Prieska mine underground
Orion Minerals appoints experienced project director at Prieska
29th September 2025 By: Marleny Arnoldi

JSE- and ASX-listed base metals miner Orion Minerals has appointed Johan van Dyk project director, in support of the operational-readiness activities currently under way at the company’s Prieska... 


Black Rock to kick off early works at Mahenge graphite project
29th September 2025 By: Mariaan Webb

ASX-listed Black Rock Mining will commence early works at its Mahenge graphite project in Tanzania after raising A$10-million in a recent equity placement. The programme, which will start in... 


Kavango CEO Ben Turney
Kavango celebrates listing on Zimbabwe’s VFEX
26th September 2025 By: Darren Parker

Metals exploration and gold production company Kavango Resources celebrated its listing on the Victoria Falls Stock Exchange (VFEX), in Zimbabwe, becoming the seventeenth company to join the... 


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