Thor Explorations works to publish Douta PFS by year-end

TSX- and Aim-listed Thor Explorations has reported gold production of 23 078 oz from the Segolila gold mine, in Nigeria, in the quarter ended June 30. This while the company progresses... 

Implats nudges to 56.43% shareholding in RBPlat

JSE-listed Impala Platinum (Implats) has acquired a further 0.02% of the share capital of Royal Bafokeng Platinum (RBPlat). Implats now owns 56.43% of RBPlat’s shares in issue.  

Strong chrome market, price supports free cash generation for Tharisa

Chrome and platinum group metals (PGMs) miner Tharisa has increased its PGM output to 37 000 oz of platinum, palladium, rhodium, iridium, osmium and ruthenium (6E) in the third quarter of its... 

Tirupati progresses optimisation trial work at new Mozambique projects

Since London-listed Tirupati Graphite acquired the Montepuez and Balama Central projects, in Mozambique, in April, the company has completed various workstreams to optimise these projects. In a... 

Barrick on track to extend Lumwana mine life beyond 2060

Dual-listed Barrick Gold Corporation has affirmed that the Lumwana copper mine, in Zambia, is showing growing potential for a life-of-mine beyond 2060. In a media statement, Barrick president and... 

Altona confirms another round of drilling on Moz rare earths project

London-listed Altona has confirmed a new drilling programme on the Monte Muambe rare earths project, in Mozambique, will start on July 15. The company has contracted Spartan Drilling Services for... 

Collaboration with Africa’s miners essential to UK’s Critical Minerals Strategy – Minister

As the UK works to secure critical mineral supply from around the world, UK Minister of State for Industry in the Department for Business and Trade Nusrat Ghani tells Mining Weekly that the... 

Supreme Court of Appeal dismisses latest appeal in Lily, Barbrook mines matter

Mining investment company Arqomanzi and its empowerment partner, consultancy Siyakhula Sonke Empowerment Corporation (SSC), has welcomed a Supreme Court of Appeal ruling that dismisses an appeal by... 

Northam enhances financial flexibility

JSE-listed Northam Platinum has implemented an agreement to restructure its existing banking facilities, resulting in R11-billion of available banking facilities to the company. The restructuring... 

Policymakers urged to fix distorted public market as South African delistings continue

The public market continues to see delistings on the JSE and other South African stock exchanges at an alarming rate, says consultancy and research provider AmaranthCX director Paul Miller, with 14... 

Edenville poised for improved performance this year as disruptions from 2022 resolve

Aim-listed Edenville Energy experienced a major transition in the year ended December 31, 2022, in terms of operational, management and board changes, which has continued into the first half of... 

Firering to start major drill programme at Côte d'Ivoire lithium project

Aim-listed Firering Strategic Minerals (FSM) has announced it will soon start with an 11 000 m Auger drilling programme, which will be followed by reverse circulation drilling, at the Atex lithium... 

SA’s deep-level mines could hold big gravity energy storage potential

Although gravity-based energy storage (GES) as a technology is still in its infancy globally, stakeholders from industry and academia have highlighted its potential in the South African mining... 

SA’s deep-level mines could hold big gravity energy storage potential

Although gravity-based energy storage (GES) as a technology is still in its infancy globally, stakeholders from industry and academia have highlighted its potential in the South African mining... 

URA nears restart of historical Gravelotte emerald mine

London-listed URA Holdings has completed essential workstreams at its 74%-owned Gravelotte emerald mine, in Limpopo, South Africa, ahead of restarting mining operations. Some of the work completed... 

Gravity energy storage systems an option at South Africa’s coal power stations – consultancy

Consultancy Sizana Solutions says gravity energy storage systems (GESS) fit in “beautifully” with South Africa’s just energy transition, as it can create multiple thousands of jobs while... 

SA’s first paperboard bottled wine launched

A boutique estate in the mountains of Sir Lowry’s Pass Village in the Helderberg basin, in the Western Cape, called Journey’s End Vineyards, together with new wine brand Interpunkt, have launched a... 

BMI outlines most prominent mineral, metal trends for the coming years

Research firm BMI says the metals and mining industry will continue to grapple with changing metal consumption patterns, accelerating demand for critical minerals and heightened governmental... 

Renewable energy skills shortage poses major challenge to sector’s growth

The accurate determination of skills demand is becoming increasingly important as South Africa rolls out more renewable energy projects and transitions its energy system. Speaking during a... 

SAB, partners open entries for 100+ Accelerator programme

Beverage manufacturer South African Breweries (SAB) has invited applicants for the 100+ Accelerator programme, which supports solutions that will contribute to addressing sustainability challenges... 

High-speed rail operator unpacks diversification plans

For a high-speed commuter rail operator, such as Gautrain Management Agency, to remain commercially sustainable in the long term, it must consider multiple, new revenue streams.  

Metro progresses devolution study

As the City of Cape Town investigates the viability of building up its own infrastructure and managing an independent passenger rail network, it has expressed concern about government’s having... 

Limpopo mine commissions processing plant

JSE-listed Mantengu Mining has successfully commissioned the first of three chrome processing plants at its Langpan mining operation, in Limpopo. The commissioning of the first plant follows 18... 

Ivanhoe gains shareholding in pulsed power company through HPX debt conversion

TSX-listed Ivanhoe Mines has reached an agreement with High Power Exploration (HPX) whereby a convertible loan balance of $76-million owed to Ivanhoe by HPX will be replaced by an equity investment... 

IonicRE progresses resource expansion drilling at Makuutu project

ASX-listed Ionic Rare Earths (IonicRE) says the Phase 5 drill programme on its 60%-owned Makuutu rare earths project, in Uganda, is advancing according to plan. The company says, in a release,... 

Implats increases RBPlat shareholding to 56.1%

JSE-listed Impala Platinum (Implats) has acquired a further 0.08% of the share capital of Royal Bafokeng Platinum (RBPlat). Implats now owns 56.1% of RBPlat’s shares in issue.  

JA Engineering showcases new continuous mining machine

Original-equipment manufacturer JA Engineering (JAE) has showcased the latest in its range of underground mining equipment, the JAE38 Wildcub. The locally manufactured, low-mid-seam continuous... 

Capital awarded another contract at Gabon-based iron-ore project

London-listed mining services company Capital has been awarded a contract to conduct earthmoving and crushing services for Ivindo Iron, at the Belinga iron-ore project, in Gabon. Ivindo, which is... 

Lower coal prices, rail challenges dampen Thungela’s expected interim earnings

JSE-listed coal miner Thungela Resources expects to report lower earnings and cash generation for the six months ending June 30, owing to a sharp decline in coal prices and continued rail... 

Mozambique rare earths miner lists on LSE

The LSE has welcomed its newest resource exploration and development company, Altona Rare Earths, to its main market. Altona has raised £2-million, or $2.5-million, through an oversubscribed... 

Aura urges shareholders to participate in share purchase offer

ASX-listed Aura Energy has reminded shareholders to participate in the company’s share purchase plan (SPP) on June 13. This follows Aura receiving firm commitments to raise A$10-million through the... 

Hummingbird pours first gold at Kouroussa project

Aim-listed Hummingbird Resources has poured the first gold at its Kouroussa gold mine, in Guinea, ahead of schedule and budget. The mine is now expected to ramp up to nameplate production through... 

Implats’ shareholding in RBPlat increases to 56.02%

JSE-listed Impala Platinum (Implats) has acquired a further 0.30% of shares in Royal Bafokeng Platinum (RBPlat), taking its shareholding to 56.02%. Implats has been steadily increasing its... 

Jogmec, Hanwa consolidate shareholding, equity investments in the Waterberg JV project

Canadian miner Platinum Group Metals (PTM) says two of its joint venture (JV) partners in the Waterberg project, Japan Organisation for Metals and Energy Security (Jogmec) and Hanwa, have... 

LBMA points out green shoots, prospects in South African gold beneficiation

Despite the electricity supply constraints and economic and political uncertainty in South Africa, there are growing opportunities to further enhance the country’s gold beneficiation, says the... 

Gold Fields’ Yunus Suleman says group committed to growing its portfolio

JSE- and NYSE-listed Gold Fields is confident in its growth strategy, with the latest two corporate transactions – both announced this year – demonstrating the company’s commitment to growth, says... 

Kasiya test work confirms ‘near perfect’ graphite suited to battery production

As dual-listed Sovereign Metals progresses with a prefeasibility study on the Kasiya project, in Malawi, the latest in graphite downstream test work at project has confirmed the superior... 

Akobo starts building processing plant at Segele, progresses refinery talks

Gold miner Akobo Minerals has progressed with the development of its Segele project, in Ethiopia, during the first quarter of the year. Notably, the company has completed fabrication and shipping... 

BlueRock follows subsidiary into administration

The board of Aim-listed BlueRock Diamonds, together with the business rescue practitioners (BRPs) of its subsidiary Kareevlei Mining, have decided to put BlueRock in administration, as it cannot... 

Gravity energy storage systems an option at South Africa’s coal power stations

Consultancy Sizana Solutions says gravity energy storage systems (GESS) fit in “beautifully” with South Africa’s just energy transition, as it can create multiple thousands of jobs while...