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Africa

The Moma mine
Kenmare terminates buyout talks with consortium
19th June 2025 By: Creamer Media Reporter

Titanium minerals and zircon producer Kenmare Resources, which operates the Moma mine, in Mozambique, has terminated discussions with a consortium, comprising Oryx Global Partners and Michael... 


The Reko Diq project area
Capital awarded a borehole drilling services contract at Barrick's Reko Diq project
19th June 2025 By: Creamer Media Reporter

London-listed mining services company Capital has been awarded a further significant contract at Barrick Mining's majority-owned Reko Diq copper/gold project, in Pakistan, as well as exploration... 


The Balama operation in Mozambique
Syrah to resume graphite production in Mozambique
19th June 2025 By: Creamer Media Reporter

Australia-based Syrah Resources has restarted natural graphite production at its Balama operation in Mozambique, following the restoration of site access in May and the completion of preparatory... 


Gold edges higher after Fed’s inflation warning triggers decline
Gold edges higher after Fed’s inflation warning triggers decline
19th June 2025 By: Bloomberg

Gold edged higher following a decline in the previous session triggered by Federal Reserve chairman Jerome Powell’s warning of inflation risks for the US economy. Bullion was trading around $3 380... 


Platinum rallies to the highest since 2014 amid market tightness
Platinum rallies to the highest since 2014 amid market tightness
19th June 2025 By: Bloomberg

Platinum extended a powerful rally to hit the highest level in more than a decade, with gains underpinned by a spike in demand and expectations for a market deficit. Spot prices surged by more... 


Koryx reports encouraging metallurgical results at Namibia project
18th June 2025 By: Sabrina Jardim

TSX-listed Koryx Copper has reported that the metallurgical testwork programme for its wholly-owned Haib copper project, in Namibia, has shown encouraging preliminary results. Haib is an... 


Gold doré bar
Goldstone confirms productivity uptick at Homase mine
18th June 2025 By: Marleny Arnoldi

Ahead of publishing its financial results for the year ended December 31 later this month, Aim-listed Goldstone Resources has confirmed that the Homase mine, in Ghana, maintains an average 48 000 t... 


Anglo American Africa and Australia regional director Themba Mkhwanazi will step down at the end of June
Anglo streamlines its leadership team as it simplifies its product portfolio
18th June 2025 By: Creamer Media Reporter

Diversified miner Anglo American has streamlined its executive leadership team to reflect substantial progress with the simplification of its portfolio, which has included the demerger of the newly... 


Sanedi CEO Dr Titus Mathe
Nedlac deliberations on IRP to be wrapped up ‘in next week or so’
18th June 2025 By: Terence Creamer

South African National Energy Development Institute (Sanedi) CEO Dr Titus Mathe reports that consultations at the National Economic Development and Labour Council (Nedlac) on the latest draft of... 


Edikan mine, in Ghana
Perseus adds mine investment veteran Rutherford to board as nonexecutive director
18th June 2025 By: Marleny Arnoldi

Africa-focused gold miner Perseus Mining has appointed James Rutherford to the board as nonexecutive independent director, with immediate effect. He brings to the board 25 years of experience in... 


SRK Consulting Congo chairperson Dominique Sambwa.
Positive infrastructure advancement on way in DRC, SRK Consulting Congo reports
18th June 2025 By: Martin Creamer

Positive infrastructure advancement is on the way in the Democratic Republic of Congo (DRC), SRK Consulting Congo chairperson Dominique Sambwa has pointed out. Speaking to Mining Weekly during a... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
African development needs both electricity and decarbonisation – Ramokgopa
18th June 2025 By: Rebecca Campbell

South African Electricity and Energy Minister Dr Kgosientsho Ramokgopa has affirmed that Africa does not face a choice between decarbonisation and industrialisation. On the contrary, it has to, and... 


Asante secures $470m in credit and equity commitments
Asante secures $470m in credit and equity commitments
18th June 2025 By: Mariaan Webb

Gold producer Asante Gold has secured $470-million in credit and equity commitments, laying the foundation for a financing package that will fund its growth ambitions and recapitalise its balance... 


Canadian Prime Minister and G7 chairperson Mark Carney
G7 launches action plan to secure critical minerals supply chains
18th June 2025 By: Mariaan Webb

The leaders of the Group of Seven (G7) countries have unveiled a new critical minerals action plan aimed at securing the supply of materials for clean energy, digital technologies and industrial... 


Rough ruby
Gemfields garners $31m from latest mixed-quality ruby auction
17th June 2025 By: Marleny Arnoldi

Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or... 


Lotus' Kayelekera project, in Malawi
Lotus nears hot commissioning of Kayelekera plant, opts for owner-operated model
17th June 2025 By: Marleny Arnoldi

Ahead of ASX-listed Lotus Resources restarting production at the Kayelekera uranium mine, in Malawi, the company has advanced with cold commissioning of the plant and is due to complete hot... 


Pensana's Longonjo site, in Angola
Pensana inks offtake agreement with Toyota Tsusho for full initial production
17th June 2025 By: Marleny Arnoldi

London-listed rare earths developer Pensana has signed a memorandum of understanding (MoU) with Japanese multinational Toyota subsidiary Toyota Tsusho for the proposed offtake of up to 20 000 t/y... 


Eastplats' Crocodile River mine
Eastplats advises of cybersecurity incident, confirms no disruption to operations
17th June 2025 By: Marleny Arnoldi

TSX- and JSE-listed Eastern Platinum (Eastplats) has advised shareholders of a cybersecurity incident affecting its internal IT systems. Eastplats took immediate containment measures to protect... 


Uis
Andrada secures additional tin supply from nearby orebody
17th June 2025 By: Darren Parker

Tin producer Andrada Mining has secured additional supply from a tin orebody at Goantagab in close proximity to the company’s operating Uis mine and processing facility, in Namibia. The orebody,... 


gold bars
Central bank gold reserves surge amid global uncertainty, survey reveals
17th June 2025 By: Darren Parker

Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold... 


Eskom CEO Dan Marokane
Eskom reports progress on 5 GW 'repowering' pipeline as $2.6bn CIF approval is secured
17th June 2025 By: Terence Creamer

Eskom has confirmed that it has a 5 GW pipeline of so-called ‘repowering’ projects at various stages of development on the sites of six coal power stations, including Komati, which has already... 


Members of Palabora Mining and Mzansi renewable energy and grid-forming consortium.
South African copper mining company signs 12-year green energy supply agreement
17th June 2025 By: Martin Creamer

In a major boost for sustainable mining and South Africa’s clean energy ambitions, Mzansi Energy Consortium has signed a 12-year power purchase agreement with Palabora Mining Company (PMC) in... 


Gold refining
Mali starts construction of Russia-backed gold refinery
17th June 2025 By: Reuters

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources.... 


Webinar panelists highlight how clean hydraulic oil, advanced filtration media and localised solutions transform reliability and performance in mining operations
Use of high-quality filters optimise hydraulic systems in harsh environments
17th June 2025 By: Shannon de Ryhove

Donaldson and FHS highlight filtration solutions that extend component life, reduce downtime 


Transnet freight locomotives
Mavuso admonishes Transnet for capitulating to ‘unreasonable’ union demands
17th June 2025 By: Darren Parker

Business Leadership South Africa CEO Busisiwe Mavuso has said she was “astounded” to see news last week of State-owned Transnet's capitulation to unions’ strike threats, eventually agreeing to give... 


Equipment in use at the K.Hill project in Botswana
Giyani receives LoI from Exim for potential $225m financing
17th June 2025 By: Creamer Media Reporter

Giyani Metals Corp, the developer of the K.Hill battery-grade manganese project, in Botswana, has received a nonbinding letter of interest (LoI) from the US government's export credit agency the... 


Citi calls time on gold’s rally due to slumping demand, Fed cuts
Citi calls time on gold’s rally due to slumping demand, Fed cuts
17th June 2025 By: Bloomberg

Gold is expected to sink back below $3 000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc., calling time on one of the standout rallies in... 


The main treatment plant at the Krone-Endora at Venetia mine
Tiffany & Co Canada threatens action over Diamcor's failure to repay loan
17th June 2025 By: Creamer Media Reporter

Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The... 


West Wits chairperson Michael Quinert
West Wits to raise A$14m to start operations at Qala Shallows, increase its stake in WBP
17th June 2025 By: Creamer Media Reporter

ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and... 


Illegal gold mining in Ghana
Ghana has lost $11bn to gold smuggling, links to UAE, report finds
17th June 2025 By: Reuters

Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report... 


A haul truck at the Jwaneng mine
Botswana's Debswana to approach capital markets to fund Jwaneng underground project
17th June 2025 By: Reuters

Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have... 


The Loulo-Gounkoto complex
Barrick Mining's gold complex placed under state control in Mali
17th June 2025 By: Reuters

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership.   A former Malian... 


Mali hopes Russia partnership will help end raw gold exports
13th June 2025 By: Reuters

Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity... 


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