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South African National Energy Development Institute CEO Dr Titus Mathe
Updated IRP report to be released ahead of Cabinet approval, Mathe confirms
28th November 2024 By: Terence Creamer

South African National Energy Development Institute CEO Dr Titus Mathe has confirmed that a report containing a remodelled Integrated Resource Plan for 2024 (IRP2024) and incorporating stakeholder... 


Anglo pays another $1m to Arc in Zambian JV
28th November 2024 By: Marleny Arnoldi

London-listed Arc Minerals has received another $1-million payment from Anglo American as part of the joint venture (JV) the companies have in Zambia. The payments are being received by Arc on... 


AECI group CEO Holger Riemensperger
AECI earnings take short-term knock after strategic spend
28th November 2024 By: Marleny Arnoldi

Having incurred investment spend of R755-million in the ten months ended October 31, explosives and mining chemicals group AECI is on track to achieve its strategic ambition and unlock value across... 


DRDGOLD appoints Andrew Brady as nonexec director
28th November 2024 By: Creamer Media Reporter

Gold miner DRDGOLD has appointed Andrew Brady as independent nonexecutive director, with effect from December 1. He will succeed Jean Nel, who resigned from the board with effect from November 27. 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


M&R appoints interim chairperson as Kana steps down
28th November 2024 By: Creamer Media Reporter

JSE-listed Murray & Roberts (M&R) says chairperson Suresh Kana and director Jesmane Boggenpoel have resigned from the board with effect from November 30 and November 15, respectively. Clifford... 


The Ambatovy mine
Madagascar's Ambatovy nickel project to complete debt restructuring in December, says Sumitomo
28th November 2024 By: Reuters

Madagascar's Ambatovy nickel project companies expect to complete its debt restructuring in early December, the project's major shareholder Sumitomo Corp 8053.T said on Thursday, adding that it was... 


An image showing Innomotics' new geared motors assembly factory
Innomotics unveils new geared motors assembly factory in Midrand
28th November 2024 By: Tasneem Bulbulia

Motor and large-drive systems supplier Innomotics (formerly Siemens Large Drives and Low Voltage Motors) on November 28 launched its new Geared Motors assembly factory in Midrand. The factory is... 


Police dispersing protestors
Unrest blocks Mozambique’s South African border for a second day
28th November 2024 By: Bloomberg

Mozambique’s main border crossing with South Africa was blocked for a second day on Thursday due to political unrest, the highway concessionaire said. Renewed demonstrations after last month’s... 


Platinum in bowl
PGM miners’ ESG spend set back by low prices, but efforts remain solid
28th November 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus finds in its latest ‘Platinum Group Metals (PGM) Environment, Social and Governance (ESG) Focus’ report that producers are increasingly strapped for cash to... 


Tharisa mine
Tharisa posts 26% increase in full-year operating profit
28th November 2024 By: Marleny Arnoldi

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa has reported improvements in its production for the financial year ended September 30, which culminated in a... 


Cut and polished diamonds
Botswana to become certifier in G7 Russian diamond ban
28th November 2024 By: Reuters

Major African diamond producer Botswana will join Antwerp as an origin certifier of rough diamonds for export to the G7 which banned imports of Russian stones from the start of this year, a joint... 


Mistra executive director Joel Netshitenzhe
South Africa could play indispensable role in the global hydrogen value chain, says Mistra's Netshitenzhe
27th November 2024 By: Marleny Arnoldi

Speakers participating in the Mapungubwe Institute for Strategic Reflection’s (Mistra’s) ninth yearly platinum group metals (PGM) roundtable, on November 27, agreed that South Africa has potential... 


A map showing the Waterberg project area
PTM, Saudi Arabian company advance cooperation on proposed PGM smelter
27th November 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Platinum Group Metals (PTM), has signed a memorandum of understanding (MoU) with Saudi Arabian company Ajlan & Bros Company and the Ministry of Investment of Saudi... 


Northam appoints independent nonexec director
27th November 2024 By: Sabrina Jardim

The board of JSE-listed Northam Holdings has appointed Wouter André Hanekom as an independent nonexecutive director and as a member of the group's audit and risk committee, with effect from... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Containers at a port
Outlook for South Africa's trade, investment in 2025 mixed – PwC
27th November 2024 By: Schalk Burger

South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic... 


botswana diamonds drilling
Botswana Diamonds gets environmental approval to drill in the Kalahari
27th November 2024 By: Darren Parker

Aim-listed Botswana Diamonds has received environmental authorisation from the Botswana Department of Environmental Affairs and the Ministry of Environment and Tourism to drill its two targets in... 


Anglo American CEO Duncan Wanblad
Anglo sells further 6.6% stake in Amplats for R9.6bn
27th November 2024 By: Chanel de Bruyn

Anglo American South Africa, a wholly-owned subsidiary of diviersified miner Anglo American, has sold 17.5-million shares in platinum group metals (PGM) miner Anglo American Platinum (Amplats) at... 


Leo Lithium completes exit from Mali JV, shareholders in line for dividend
Leo Lithium completes exit from Mali JV, shareholders in line for dividend
27th November 2024 By: Mariaan Webb

Australia’s Leo Lithium has completed its exit from the Mali joint venture (JV) with Chinese group Ganfeng, with the company having crossed the final hurdles in its sale of the remaining 40% stake... 


Falling gold prices revive physical demand in key markets
Falling gold prices revive physical demand in key markets
27th November 2024 By: Reuters

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said. Spot gold prices... 


Four Barrick Gold employees arrested in Mali
Four Barrick Gold employees arrested in Mali
27th November 2024 By: Reuters

Four employees of Canada's Barrick Gold have been charged and detained pending trial in Mali, the company said on Tuesday, as the military-led government strives to raise more money from mining... 


Toubani appoints adviser for Kobada gold project financing
26th November 2024 By: Creamer Media Reporter

Toubani Resources, an Africa-focused gold developer, has appointed Endeavour Financial as its financial adviser for the development of the Kobada gold project in Mali. This strategic appointment... 


Wind features strongly in revised IRP
DMRE to push for Cabinet approval of new-look IRP by end-March despite big revisions
26th November 2024 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) has reiterated its aim of securing Cabinet approval for a new Integrated Resource Plan (IRP) for electricity by the end of March after... 


Managem appoints Epiroc to modernise Tizert copper project in Morocco
26th November 2024 By: Marleny Arnoldi

Mining group Managem has appointed excavation equipment provider Epiroc to enhance safety and productivity at the Tizert copper project, in Morocco. Epiroc will provide Managem with the necessary... 


Ariana identifies several additional opportunities at Zimbabwe project
26th November 2024 By: Darren Parker

Aim-listed Ariana Resources has identified several opportunities in the course of exploration being undertaken across the company’s 100% held Dokwe gold project, in Zimbabwe, focusing on areas for... 


hard hats near miners resting
Former gold mineworkers urged to check for eligibility for lung damage compensation
26th November 2024 By: Darren Parker

The Tshiamiso Trust has urged all former gold mineworkers and their families to check if they are eligible to lodge a claim to be compensated for permanent lung damage from silicosis or... 


Mulilo wind power project in De Aar
TotalEnergies, partners start building 260 MW of renewable-energy capacity for Sasol, Air Liquide
26th November 2024 By: Marleny Arnoldi

Energy company TotalEnergies and its consortium partners Mulilo and Reatile Group have reached financial close and started construction on a 140 MW wind farm and 120 MW solar plant, near De Aar, in... 


ICMM president CEO Rohitesh Dhawan
ICMM launches new tools on human rights guidance
26th November 2024 By: Marleny Arnoldi

As the UN hosts the Forum on Business and Human Rights from November 25 to 27, mining and metals advocacy group the ICMM has announced strengthened commitments to recognise the important role of... 


World Platinum Investment Council Director of Research Edward Sterck.
Long-term demand outlook for platinum is robust, ongoing question mark over supply
26th November 2024 By: Martin Creamer

The long-term outlook for platinum from a demand perspective is pretty robust. The question, once again, is whether supply will be adequate to meet it. “In terms of automotive demand, we can't... 


Protestors hold placards in opposition to State capture and corruption.
South Africa needs a single body to fight corruption, OECD says
26th November 2024 By: Bloomberg

South Africa should set up a single agency to fight graft, according to the Organisation for Economic Cooperation and Development (OECD), which led a review of the nation’s procurement practices.... 


Iron-ore being loaded onto a ship
Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
26th November 2024 By: Reuters

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he... 


West African completes last processing works at Kiaka ahead of first gold pour
25th November 2024 By: Marleny Arnoldi

ASX-listed West African Resources remains on time and on budget with construction at the Kiaka gold project, in Burkina Faso. The company is targeting first gold production in the third quarter of... 


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