Diversified major Rio Tinto has seen its profit after tax fall by 41%, while underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) decrease by 30% for the full year... 

Canadian diversified miner Teck Resources on Tuesday announced a sweeping overhaul of its business, which will see it reorganise into two two independent, publicly listed companies. The company... 

Gemstone miner Gemfields, which has operations in Mozambique and Zambia, has reiterated the emphasis it places on operational personnel's safety in Mozambique following a series of insurgent... 

Spain-focused mining and development company Atalaya Mining has announced that it will delist from the Toronto exchange on March 7, stating that the minimal trading volumes on the TSX does not... 

Train 1 of the project is in the ramp-up phase. 

TSX-V-listed Deep-South Resources has closed the second and final tranche of its previously announced nonbrokered private placement. In the first tranche 4.2-million units were issued at a price of... 

AfriSam is the long-standing leader of sustainable construction materials manufacturing in South Africa, having reduced its carbon emissions by 33% since 1990, leading the pack in South Africa to... 

Dual-listed rare earths developer Mkango Resources said on Tuesday that it had signed definitive agreements with Canada-based mining issuer CoTec Holdings for a £2-million convertible loan, a... 

TSX-V-listed Trillium Gold Mines has signed an option agreement to acquire a 100% undivided interest in 2 541 ha immediately adjacent to, and encompassed by, its Uchi gold assemblage in Red Lake,... 

Three quarters of business leaders do not believe their peers’ ESG reporting, according to a new study, showing that a lack of industry trust and verifiable data is driving scepticism. Most... 

Aim-listed Beowulf has announced it will raise £9.1-million in a discounted fundraising to progress the Kallak iron-ore project, in Sweden. The net proceeds from the capital raise, estimated to be... 

Original Equipment Manufacturers (OEMs) in the automotive industry in the Eastern Cape are serviced by the FUCHS LUBRICANTS SOUTH AFRICA branch in Sidwell, Gqeberha. “Volkswagen is a global... 

AQSE-listed Marula Mining continued on an upward trajectory towards its near-term project development and production milestones across its projects, CEO Jason Brewer says in an update on the... 

Dual-listed Buffalo Coal’s wholly-owned subsidiary Buffalo Coal Dundee (BCD) has entered into and received approval from the South African Reserve Bank for a secured credit facility agreement dated... 

TSX-V-listed Sirios Resources has signed a property option agreement with Sumitomo Metal Mining Canada, granting Sumitomo an option to acquire up to 80% of the Aquilon gold property, in James Bay,... 

ASX-listed Woodside and the North West Shelf (NWS) partners have struck a non-binding agreement with fellow-listed Western Gas to potentially process some two-million to three-million tonnes a year... 

Canada-based Denarius Metals has been granted a definitive option agreement to acquire, in two stages, up to 80% in Europa Metals’ Toral project. 

Gold miner Genesis Minerals and St Barbara have finally announced a merger agreement, months after first flagging discussions to consolidate gold holdings in the Leonora region of Western... 

A just energy transition to a low-carbon economy in South Africa is expected to result in the loss of about 300 000 jobs, but the creation of about 815 000 new jobs up to 2050. It is also expected... 

Enterprise and Supplier Development service provider Zevoli Growth Partners is proud to announce the launch of SharedImpact, an online platform that allows corporates to sponsor Business... 

The damage to infrastructure in KwaZulu Natal (KZN) as a result of flooding has certainly taken its toll. Queen Nandi Drive was no exception with damage that included the main sewer line. Rocla was... 

Toronto-listed Liberty Gold has significantly derisked the future mining operations of its Black Pine mine, in Idaho, by acquiring the title to two historical water rights, registered to the Black... 

Canada-based Denarius Metals has been granted a definitive option agreement to acquire, in two stages, up to 80% in Aim-listed Europa Metals’ Spanish subsidiary, which owns the Toral... 

Climate tech funding in 2022 represented more than a quarter of every venture dollar invested in 2022, in the upper half of the 20-30% range observed since the start of 2018, according to PwC’s... 

As the London Metal Exchange (LME) wades through the fallout of this year’s nickel crisis, its American rival is gaining ground. Chicago-based CME Group Inc. has successful copper and... 

The European Union (EU) and US put methane on the map at COP26 in Glasgow — declaring the potent greenhouse gas a threat to Paris Agreement temperature goals and insisting emissions of it must be... 

South Africa-based Gold Fields said on Monday that it would not amend its offer for Canadian miner Yamana Gold, stating that its board continued to believe its offer was superior to that of Pan... 

Canadian miner Pan American Silver has tossed its hat into the ring to acquire fellow miner Yamana Gold, teaming up with Agnico Eagle Mines in an unsolicited proposal to buy the company that South... 

Digital automation and energy management specialist Schneider Electric has reached the final stage of its information technology (IT) and operational technology integration project in South... 

Anglo-Swiss multinational Glencore’s subsidiary Glencore Energy UK has confirmed it will pay a financial penalty and costs of £281-million, or $310-million, in respect of five counts of bribery and... 

Canadian exploration junior Brixton Metals on Wednesday announced a nonbrokered private placement by diversified major BHP, with the goal of advancing the Thorn project, located in north-west... 

Diversified miner BHP expected the lag effect of inflationary pressures to remain a persistent challenge through the 2023 financial year. Speaking at the International Mining and Resources... 

South Africa’s gross domestic product (GDP) could expand at a yearly average of about 2.3% between 2022 and 2050, or more than twice the rate achieved over the past decade, under a scenario where... 

A healthy third quarter, driven by stronger consumer and central bank buying, helped year-to-date gold demand recover to pre-Covid levels, a new report published by industry organisation the World... 

Aim-listed Oriole Resources has conditionally raised £600 000 in a placing, including £32 000 as subscriptions by certain directors. The funds will be used to advance the company’s assets in... 

While large mines have sufficient staff in different roles to ensure compliance with legislation, such as quality management, smaller-scale surface mines often lack some of the resources to ensure... 

Canada’s biggest diversified miner, Teck Resources, on Wednesday announced the sale of its 21.3% interest in the Fort Hills Energy partnership to Suncor Energy for C$1-billion in cash. With the... 

With the completion of Phase 1 of the Molo graphite mine, in Madagascar, just weeks away, Vision Blue-backed developer NextSource is finalising its plans to build several battery anode facilities... 

The slow progress is notable, since this year’s edition reinforces the fact that the better a company measures its emissions, the more effectively it can reduce them—64% of respondents who measure... 

ASX-listed Whitehaven Coal has completed its initial 10% on-market share buy-back. The buy-back, which started in March this year, saw Whitehaven fork out A$587.9-million for 103.3-million... 

By Michelle Swanepoel, MD, Standard Chartered's regional head for financing and securities services in Africa. Investment strategies that are built on specific ethical factors are not new. The... 

Canada-based copper and gold exploration company NGEx has elected to increase its previously announced nonbrokered private placement to an aggregate of up to 15-million shares at C$2 each for gross...