BlackRock lifts stake in Northam to above 5%

JSE-listed Northam Platinum Holdings has received notification from London-based investment company BlackRock advising that it has acquired a beneficial interest in the securities of Northam, such... 

Cutifani's directorship at TotalEnergies renewed

Energy company TotalEnergies’ shareholders have approved the renewal of the three-year terms as director of Marie-Christine Coisne-Roquette and Mark Cutifani. This approval was granted at a... 

Conference awards manufacturers for 4IR innovation in mining sector

Several manufacturers were recognised for their innovation and efforts in the Fourth Industrial Revolution (4IR) space at the presentation of the Manufacturing Excellence Awards during the first... 

Study presents considerations for service and solutions providers in the mining industry

Mandela Mining Precinct Real-Time Information Management System programme manager JJ Verhaeghe has outlined key insights for the manufacturing industry, gleaned from learnings from a survey on the... 

Transitions present opportunities for African miners, manufacturers

There are three broad transitions under way that are likely to have a considerable impact on the mining and manufacturing sectors in South Africa and Africa, especially given the demand for... 

Ura raises funds for emerald mine

Aim-listed Ura Holdings has raised €280 000, through a placing and subscription of shares. Moreover, the company has raised €50 000 by way of a convertible loan note with Austin Acquisitions. 

BMI expects aluminium prices to remain under pressure this year

BMI, a unit of Fitch Solutions, is making a minor downward revision to its aluminium price forecast for the year to an average of $2 500/t, from the previously forecast $2 600/t. In its outlook for... 

Mixed picture for gold demand in the first quarter

According to industry body the World Gold Council’s (WGC's) Gold Demand Trends report for the first quarter, continued momentum in central bank buying and resurgent Chinese consumer demand... 

African Pioneer highlights pleasing results from Namibia exploration programme

African Pioneer says results from an updated indicated and inferred mineral resource estimate for the Ongombo copper project, in Namibia, completed by independent consultants Addison Mining... 

Kumba provides waste management training to local organisations

Iron-ore mining company Kumba Iron Ore’s Sishen mine has provided basic waste management training to local civil society organisations with a keen interest in environmental cleanliness. Organised... 

De Beers records lower sales in fourth cycle of this year

Diamond miners De Beers’ sales of its rough diamonds in the fourth cycle of the year were lower than in the previous cycle, as the industry has entered what is traditionally a seasonally quieter... 

Feriel Zerouki assumes office as WDC president

After three years of serving as VP of the World Diamond Congress (WDC) and almost two decades as an advocate for enhancing standards and driving progress within the diamond industry, Feriel Zerouki... 

Maginito to acquire HyProMag

Rare earths company Maginito, in which Mkango Resources holds a 90% interest, is set to increase its ownership in HyProMag from 42% to 100% for an initial £1-million in cash and £1-million in... 

Oriole reports activity restart at Senegal project

Aim-listed Oriole Resources has provided an update on the Senala gold project, in Senegal, where Managem Group has recently taken control of the project, having acquired AGEM Senegal Exploration,... 

RMB Ventures announces strategic equity investment in Mafika Engineering

RMB Ventures has acquired a 45% stake in Mafika Engineering, Africa’s largest independent rebuilder of high horsepower (HHP) diesel engines used in the mining industry. This is one of the company’s... 

Gold price underpinning Blyvoor’s growth targets

With the gold price reaching record highs, Blyvoor Gold says it is aiming to capitalise on the windfall through an accelerated rollout of its growth and expansion plans. Executive director Richard... 

Aterian upbeat about potential of its Morocco portfolio

London-listed Aterian has announced results, including 170 g/t and 159 g/t silver, from initial geological reconnaissance work completed on the company’s Jafra project, in Morocco. The project is... 

Critical Metals progressing operational goals at DRC project

Mining investment company Critical Metals has been progressing its operational goals at the company’s Molulu copper/cobalt asset, in the Democratic Republic of Congo (DRC), since announcing the... 

Thungela builds new fire station, revamps taxi rank in Emalahleni

South African thermal coal business Thungela on May 4 handed over two completed social and labour plan (SLP) projects to the Emalahleni Local Municipality – the new Phola fire station and the... 

Orion satisfies key condition for drawdown of funding for South African projects

Dual-listed Orion Minerals highlights that it has taken another important step in advancing the multi-pronged funding strategy for its flagship base metals project, in the Northern Cape of South... 

Goldplat’s third-quarter performance impacted by operational headwinds

Aim-listed Goldplat’s two gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter of £1.47-million, a 36% decrease against the third quarter in... 

Bushveld to enter convertible loan note refinancing with Orion

Aim-listed Bushveld Minerals has entered into a nonbinding, investment committee-approved term sheet with Orion Mine Finance to refinance its existing convertible loan note. The proposed agreement... 

Diamcor to begin bulk sampling into greater areas of South African project

Canadian-headquartered diamond mining company Diamcor Mining says it will be proceeding with an extensive drilling and bulk sampling programme over the greater portions of its Krone-Endora at... 

Mixed picture for gold demand in the first quarter

According to industry body the World Gold Council’s (WGC's) Gold Demand Trends report for the first quarter, continued momentum in central bank buying and resurgent Chinese consumer demand... 

WFDB partners with Natural Diamond Council

Industry association the World Federation of Diamond Bourses (WFDB) has entered into a partnership with the Natural Diamond Council (NDC) to support the growth of the industry, it says, noting that... 

TFR bolsters manganese export capacity

State-owned Transnet Freight Rail (TFR) says it is providing additional capacity for the export of manganese through the extension of the current Mamathwane crossing loop in the Northern Cape. This... 

Caledonia begins direct sale of gold produced from Zimbabwe

Gold miner Caledonia Mining started the direct sale of gold produced from its Blanket mine, in Zimbabwe, to a refiner outside of the country. Since listing on the Victoria Falls Stock Exchange and... 

Gold Fields highlights progress, areas of improvement in report to stakeholders

Globally diversified gold producer Gold Fields interim CEO Martin Preece says the company still has significant work to do, particularly with regard to workplace safety. "During 2022, we tragically... 

Sylvania to undertake share buyback for up to $10m

Aim-listed Sylvania Platinum intends to conduct a share buyback on-market to buy ordinary $0.01 shares of the company’s issued share capital, up to a maximum consideration of $10-million. The... 

Power constraints cut Implats’ output

Platinum group metals (PGMs) miner Impala Platinum (Implats) CEO Nico Muller says in a production report for the three- and ninth-month periods ended March 31 that the well documented increased... 

Sibanye-Stillwater receives ISO 27001 certification

Dual-listed Sibanye-Stillwater’s corporate and South African operations have achieved ISO 27001 certification. ISO 27001 is a globally recognised standard that sets out the requirements for an... 

Hummingbird to reach first gold pour this quarter at Guinea mine

Aim-listed Hummingbird Resources says the Kouroussa gold mine processing plant has reached the practical completion stage and has entered the commissioning phase towards achieving first gold pour... 

Madison Metals extends closing of Khan uranium project in Namibia

Upstream mining and exploration company Madison Metals and an arm’s length vendor have mutually agreed to extend the closing of the Khan project agreement covering mining licence (ML)  and... 

Metals and minerals prices to fall, World Bank report shows

The metals and minerals price index rose 10% in the first quarter of this year, compared with the final quarter of 2022, the World Bank’s latest ‘Commodity Markets Outlook’ report shows. It says... 

Bushveld maintains full-year production guidance

Aim-listed Bushveld Minerals’ production for the three months ending March 31 was 943 t of vanadium, compared with the 973 t produced in the March 2022 quarter. The company recorded an increase in... 

Sylvania increases full-year production guidance

Aim-listed Sylvania’s Dump Operations (SDO) produced 17 926 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGM) in the quarter ended March 31 – the third quarter of the... 

MC Mining progressing towards implementation plan for Makhado project

JSE-listed MC Mining CEO and MD Godfrey Gomwe says in an update on the Makhado hard coking coal (HCC) project that considerable progress has been made to convert previous mining studies into an... 

Centamin progressing sustainability targets

The commissioning of a 36 MW solar plant at Centamin’s Sukari mine, in Egypt, marked the “tangible progress” the gold mining company was making towards reducing its Scope 1 and 2 greenhouse-gas... 

Bakubung processing plant runs into delays

Production at the Bakubung Platinum Mine (BPM) has been delayed, but is expected to begin as soon as possible after the commissioning process of the BPM processing plant has been completed. In... 

Council extolls platinum’s role in decarbonisation

Ahead of Earth Day on April 22, industry body the World Platinum Investment Council (WPIC) has highlighted platinum’s role in decarbonisation as a key transition metal for the energy transition. It...