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Africa

Diamonds recovered from the Lulo mine in Angola
Administration-led DOCA offers lifeline to Lucapa
14th August 2025 By: Mariaan Webb

Lucapa Diamond Company, the Perth-based miner behind the Lulo alluvial mine in Angola and the Merlin project in Australia, has secured a potential lifeline through a planned Deed of Company... 


A drilling rig
Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says
14th August 2025 By: Reuters

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on... 


President Lazarus Chakwera and other leaders attended the official inauguration of the Kayelekera restart.
Lotus Resources relaunches Malawi uranium mine
14th August 2025 By: Mariaan Webb

ASX-listed Lotus Resources said on Thursday that Malawi’s President, Lazarus Chakwera, officiated the relaunch of the Kayelekera uranium mine in northern Malawi, as the project entered its final... 


An image showing Eastplats' CRM mine shaft
Eastplats’ interim financial performance drops
13th August 2025 By: Tasneem Bulbulia

TSX- and JSE-listed Eastern Platinum’s (Eastplats’) revenue for the second quarter ended June 30 decreased to $10.7-million from $18.8-million in the second quarter of 2024, representing an... 


An image of Wesizwe's shaft 2
Qing Yu steps down from Wesizwe Platinum board
13th August 2025 By: Tasneem Bulbulia

Qing Yu has decided to step down from her position as a nonexecutive director of JSE-listed Wesizwe Platinum with immediate effect. The board has extended its appreciation to Yu for her commitment... 


Re-evaluation at Galileo’s KCB licences confirms copper in drillholes
13th August 2025 By: Tasneem Bulbulia

London-listed Galileo Resources is “very pleased” with the outcome of the re-evaluation of its previous holes on Kalahari Copperbelt (KCB), CEO and chairperson Colin Bird says. Given that various... 


Kropz Elandsfontein
Kropz draws down second tranche of R30m from R200m loan facility
13th August 2025 By: Darren Parker

Aim-listed emerging African phosphate producer and developer Kropz has made its second drawdown of a R200-million loan facility that was agreed to between Kropz Elandsfontein and ARC Fund on July... 


tailings dam
Zambia prioritises copper output over pollution control, heightening environmental risks, BMI says
13th August 2025 By: Darren Parker

Zambia’s antipollution measures are unlikely to lead to major pollution reductions as the government continues to place a higher priority on copper output growth, BMI – a Fitch Solutions company –... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Electricity reform ‘irreversible’, Ramokgopa insists as he again urges Eskom not to pursue legal case against traders
13th August 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa insists that the reforms under way in the electricity sector are “irreversible”, and has again confirmed that he has asked the Eskom board... 


Merafe CEO Zanele Matlala (right) and Merafe FD Ditabe Chocho (left).
Ferrochrome demand is up but South Africa is now eclipsed in a market it once led
13th August 2025 By: Martin Creamer

The global demand for ferrochrome, which South Africa once provided overwhelmingly to the world to back 200 000 local jobs, was higher in the six months to June 30, the period in which this... 


Coltan mining in the DRC
Inside the mine that feeds the tech world - and funds Congo’s rebels
13th August 2025 By: Reuters

Under the watchful eye of M23 rebels in the hills around the Congolese town of Rubaya, a line of men in rubber boots ferry sacks full of crushed rocks up winding paths cut into the slopes. The... 


AngloGold holds costs below 2% amid peers averaging 15%-plus
Resources Watch
13th August 2025

This week: Khwelamet ferromanganese revival will begin when Eskom gives feasible power rate and, AngloGold holds costs below 2% amid peers averaging 15%-plus 


A coltan mine run by M23 rebels
US imposes sanctions on Congo armed group, mining firms over illicit minerals
13th August 2025 By: Reuters

The US on Tuesday announced sanctions against an armed group aligned with Congo's military as well as a Congolese mining company and two Hong Kong-based exporters over armed violence and the sale... 


The Chirano plant
Asante Gold seals $500m financing deals, completes Kinross debt restructuring
13th August 2025 By: Mariaan Webb

Vancouver-based Asante Gold said this week that it had signed definitive agreements for a $500-million financing package and completed the restructuring of debt owed to Toronto-listed Kinross Gold,... 


De Beers announces kimberlite field discovery in Angola
De Beers announces kimberlite field discovery in Angola
12th August 2025 By: Reuters

De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on Tuesday, its first such discovery in three decades. The Anglo American... 


Eramet names processing head in Gabon with eye on manganese ore export ban
12th August 2025 By: Reuters

French mining group Eramet has appointed an executive to oversee mineral processing in Gabon, the company said on Tuesday, as the West African country seeks to end exports of unrefined manganese... 


Seriti Resources CEO and new FutureCoal chairperson Mike Teke
Teke succeeds Ndolvu as FutureCoal chairperson
12th August 2025 By: Darren Parker

The Global Alliance for Sustainable Coal (FutureCoal) has appointed Seriti Resources CEO Mike Teke as its new chairperson, effective August 12, following the retirement of July Ndlovu.  As... 


Barrick CEO Mark Bristow.
Barrick’s DRC gold mine is exemplary global advancer of African greenness, automation
12th August 2025 By: Martin Creamer

Africa received a strong thumbs up during the second-quarter presentation of Barrick as one of its “main cash generators”. “We saw solid performance across the portfolio,” Barrick CEO Dr Mark... 


SUISO founder Paul Erskine
Two contractors shortlisted for R31.5bn Hiryo coal-to-fertiliser project
12th August 2025 By: Schalk Burger

Two Chinese engineering companies, East China Engineering Science and Technology (ECEC) and Sinopec Ningbo, have made the final round of bidding for a basic engineering contract to build the... 


Harena raises £180 000 through subscription
12th August 2025 By: Darren Parker

London-listed rare earths company Harena Resources has raised further gross proceeds of about £180 000 through an oversubscribed subscription of 12.1-million new ordinary shares with certain... 


Platinum smelting
South Africa's mining output up 2.4% y/y in June, but mineral sales down 14.4% y/y
12th August 2025 By: Creamer Media Reporter

Mining production increased by 2.4% year-on-year in June, with the platinum-group metals (PGMs), coal and chromium ore sectors having made the biggest positive contributions. PGM output increased... 


Jubilee board urges shareholders to approve sale of chrome, PGM ops to One Chrome
12th August 2025 By: Darren Parker

Jubilee’s board of directors has unanimously recommended that shareholders vote in favour of the proposed sale of the company’s South African chrome and platinum group metal (PGM) operations to One... 


An image showing graphite from Blencowe
Blencowe conditionally raises £290 000 to settle Uganda tax liability
12th August 2025 By: Tasneem Bulbulia

London-listed Blencowe Resources has conditionally raised £290 000 through the issue of 7.25-million new ordinary shares, with this placing undertaken by Tavira Financial, and limited to two... 


An image of the Douta project
Thor Explorations records strong interim performance, says exploration progressing
12th August 2025 By: Tasneem Bulbulia

Aim- and TSX-V-listed Thor Explorations recorded a good operational performance for the second quarter and first half ended June 30, president and CEO Segun Lawson says in an operational and... 


Lifezone secures $60m bridge loan for Tanzania nickel project
12th August 2025 By: Creamer Media Reporter

NYSE-listed Lifezone Metals has secured a $60-million bridge loan from Taurus Mining Finance Fund No. 2 to accelerate early works and infrastructure development at the Kabanga nickel project in... 


Gold refining
Bullion markets breathe sigh of relief after Trump says gold will not face tariffs
12th August 2025 By: Reuters

US President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up... 


A Glencore-Merafe Chrome Venture Group smelting operation in action.
South African ferrochrome, chrome ore sectors at crucial juncture, says Merafe
12th August 2025 By: Martin Creamer

The South African ferrochrome and chrome ore sectors are at a crucial juncture, the Johannesburg Stock Exchange-listed Merafe Resources reported on Tuesday, August 12. Sustained pressure from the... 


An image of the Marula mine in South Africa
Implats expects increase in full-year basic EPS, but lower HEPS
11th August 2025 By: Tasneem Bulbulia

JSE-listed Impala Platinum (Implats) expects to report an improvement in basic earnings per share (BEPS) for the year ended June 30, but warns that headline earnings per share (HEPS) are expected... 


Zanaga reports improved targeted economics for Congo-Brazzaville project
11th August 2025 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company has reported a material improvement in the targeted economics at its flagship Zanaga project, in Congo-Brazzaville, driven by the ability to produce a high-grade... 


Sovereign Metals confirms mining method, fleet design for Malawi
11th August 2025 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has confirmed the mining method and completed the mining fleet design for the Kasiya rutile/graphite project, in Malawi, representing another significant... 


Kumba Iron Ore in action.
South Africa’s Kumba Iron Ore helping to lessen carbon emission in global steelmaking
11th August 2025 By: Martin Creamer

The high ferrous content of Kumba Iron Ore, which is produced in South Africa’s Northern Cape, is helping to lessen carbon dioxide (CO2) emission at a time when this is the global pursuit of... 


Lucara recovers second 2 000-ct diamond as funding pressures mount
Lucara recovers second 2 000-ct diamond as funding pressures mount
11th August 2025 By: Mariaan Webb

Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s... 


An image showing a Fabergé Game of Thrones dragon ring
Gemfields sells Fabergé for $50m
11th August 2025 By: Tasneem Bulbulia

Gemstone miner Gemfields has signed an agreement to sell its entire interest in wholly-owned luxury brand Fabergé to SMG Capital for $50-million. Of that sum, $45-million is payable to Gemfields by... 


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pqt: 1.849s - ct: 1.999s - 384pq - 2rq
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