Japan, China, India remain strong platinum jewellery markets – PGI

In its latest ‘Platinum Jewellery Business Review 2023’ report, market organisation Platinum Guild International (PGI) says Japan remains the biggest platinum market per capita, where platinum is... 

Gold Fields makes Mokoatle’s EVP South Africa appointment permanent

Dual-listed Gold Fields has permanently appointed Benford Mokoatle as executive VP (EVP) South Africa, after he served as the acting EVP for the region since July 2022. He joined Gold Fields in... 

Ratings agency takes note of battery metals potential in sub-Saharan Africa

As demand surges for minerals used in low-carbon energy generation and electric vehicles (EVs), commodity-exporting economies in sub-Saharan Africa (SSA) could reap significant rewards, says... 

Pan African cuts guidance on loadshedding, slower Barberton ramp-up

Dual-listed Pan African Resources (PAR) has reduced its production guidance to 175 000 oz for the year ended June 30, citing loadshedding and lower-than-expected ramp-up of operations at the... 

Suleman confident in Gold Fields' growth strategy

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... 

Glencore works to preserve biodiversity, restore land use at legacy copper, cobalt sites

Further to its goal to minimise or manage the impact of its operations on the environment, diversified miner Glencore says it continues to appreciate biological diversity as a global asset of value... 

Unmanned drill rig pioneer Tribe Tech completes $2.5m fundraise

Autonomous drill rig and sampling technology manufacturer Tribe Technology Group (Tribe Tech) has successfully completed a £2-million, or $2.5-million, fundraise with a number of prominent... 

New WDC president delivers encouraging address about KP issues

In an address to delegates of the Kimberley Process (KP) 2023 Intersessional Meeting, newly elected World Diamond Council (WDC) president Feriel Zerouki highlighted some key inhibiting factors to... 

Marula highlights Kinusi progress

Tanzania-focused miner Marula Mining says its activities on site at the Kinusi copper project are progressing well, ahead of mining activity, which is planned to start by June 30. Mining activity... 

Shanta going full speed ahead with major drilling programmes

Aim-listed Shanta Gold says a successful ramp-up of its Singida gold mine, in Tanzania, has enabled the company to allocate capital to high-impact exploration programmes across its asset portfolio.... 

Andrada produces first lithium concentrate from pilot programme

Aim-listed Andrada Mining has achieved first production of lithium concentrate, in the form of a high-purity petalite concentrate, from an off-site pilot test programme. The off-site test... 

Petra posts lower average prices, sales in fifth sales cycle

In its fifth tender for the 2023 financial year, London-listed Petra Diamonds has generated $42.1-million from the sale of 468 800 ct. CEO Richard Duffy says the lower sales in the fifth cycle... 

Pan African advances renewables procurement plans

Midtier Africa-focused gold producer Pan African Resources has signed an engineering, procurement and construction (EPC) agreement with renewable energy company Juwi Renewable Energies for an 8.75... 

Lucara reports lower Q1 revenue on back of global economic downturn

Botswana-focused Lucara Diamonds has met its key operational metrics for the first quarter of the year, with 89 640 ct recovered and operating cash costs of $26.65/t of ore processed being well... 

Afarak announces merger with fellow ferro-alloy producer LL Resources

Vertically integrated speciality alloys producer Afarak Group has signed an agreement to combine with LL Resources (LLR) for a consideration of €59.3-million. Austria-headquartered LLR is a... 

Automotive market continues to drive platinum demand – WPIC

The automotive market will remain the biggest demand segment for platinum for the foreseeable future, comprising between 31% and 46% of total demand, as it has for the last five years, reports the... 

Incoming CBAM could see African aluminium, iron exports plummet

The African Climate Foundation (ACF), together with the Firoz Lalji Institute for Africa, finds that the European Union’s (EU’s) incoming Carbon Border Adjustment Mechanism (CBAM) will impact... 

DRDGold posts production, earnings increase as it heads into last quarter of FY23

A healthy increase in cash and cash equivalents of R160-million to R2.5-billion in the quarter ended March 31 puts dual-listed DRDGold in good stead to continue its extended capital expenditure... 

Minerals Council engages anew with govt over concerns raised in latest Fraser Institute Survey

The Minerals Council of South Africa has expressed concern about South Africa remaining poorly rated as a mining investment jurisdiction in the latest Fraser Institute Survey of Mining Companies.... 

Green steelmaking will bolster platinum demand up to 2030 – WPIC

With the steel industry’s ambitious plans to cut emissions by at least 80% by 2050, compared with 1990 levels, it will call for an increasing amount of hydrogen-based steelmaking, which bodes well... 

Endeavour confident of meeting full-year output, capital allocation targets

West Africa-focused gold miner Endeavour Mining is confident that it can deliver against the capital allocation priorities it set for the year, which are geared toward funding growth and... 

Employee dies in fall-of-ground at Harmony’s Kusasalethu mine

Harmony Gold Mining has reported the death of an employee owing to a seismic-induced fall-of-ground (FoG) event at its Kusasalethu mine, near Carletonville, on April 30. CEO Peter Steenkamp has... 

Gold Fields inks joint development agreement with Canadian miner Osisko

Diversified gold producer Gold Fields has partnered with TSX-listed Osisko Mining to develop and mine the Windfall project, in Québec, Canada. The agreement between the companies, with the... 

ARM appoints Tobias to succeed Schmidt as CEO from May 1

Diversified miner African Rainbow Minerals (ARM) has announced that CEO Mike Schmidt has stepped down as CEO and executive director, with COO Velile Tobias to succeed him as CEO. Schmidt will... 

Zimplats production, grade dips in Q1

ASX-listed platinum group metals (PGMs) miner Zimplats has posted lower production for all its metals in the quarter ended March 30, as well as lower grades, compared with the same quarter of last... 

MC Mining posts lower volumes in the first quarter

JSE- and ASX-listed MC Mining has reported 18% lower metallurgical and thermal coal run-of-mine (ROM) volumes in the quarter ended March 31, compared with the same quarter of last year, owing to... 

Safer tailings deposition cannot be a tick-box exercise

With the local and global mining industries still reeling from tailings dam failures in recent years, the solutions cited for more responsible tailings management are collaboration, consistent... 

Safer tailings deposition cannot be a tick-box exercise

With the local and global mining industries still reeling from tailings dam failures in recent years, the solutions cited for more responsible tailings management are collaboration, consistent... 

Gravity energy storage to be trialled at decommissioned German mine

German mine owners Geiger Group have contracted gravity energy storage specialist Gravitricity to investigate the potential of storing energy at a decommissioned mine. The decommissioned shafts... 

Boss confirms Honeymoon project will produce uranium by year-end

Uranium miner Boss Energy says all aspects of the Honeymoon project’s construction are proceeding to plan, including delivery of critical equipment, wellfield development and the evaporation pond,... 

Fortescue achieves record year-to-date shipments of iron-ore

Australian iron-ore miner Fortescue Metals has achieved record iron-ore shipments in the nine months ended March 31 of 143.1-million tonnes. A strong performance in the quarter ended March 31, in... 

South32 revises full-year zinc, nickel, coal guidance downward

Global diversified miner South32 has reported a mixed performance for the nine months ended March 31, with some of its commodities’ yearly guidance having been revised downward. Notably, the Mozal... 

Unions confirm they rejected Eskom’s 3.75% wage offer

As the latest round of Eskom wage negotiations is under way until the end of May, trade unions the National Union of Mineworkers (NUM), the National Union of Metalworkers of South Africa and... 

Green Connection mulls appeal of TotalEnergies’ approval to drill on southwest coast

Nonprofit organisation The Green Connection has described the Department of Mineral Resources and Energy’s (DMRE’s) decision to grant TotalEnergies Exploration and Production South Africa... 

Arc, Anglo deal shows Zambian govt reform is meaningful – SP Angel

Capital market solutions company SP Angel says the agreement signed between London-listed Arc Minerals and diversified miner Anglo American on April 20 marks a return and restoration of relations... 

Namakwa subsidiary recovers 108 ct fancy pink diamond in Lesotho

Namakwa Diamonds’ subsidiary Storm Mountain Diamonds (SMD), which it co-owns with the Lesotho government, has recovered a 108.39 ct fancy pink diamond from the Kao mine, in Lesotho. SMD says this... 

Glencore off to a slower start, but maintains full-year output guidance

Although global diversified miner Glencore has reported lower production of most of its commodities for the first quarter of the year, compared with the first quarter of last year, it remains on... 

Companies that disclose ESG data fare better than ‘opaque’ peers – report

Amid persistent opacity in the extractive sector, Swiss research organisations the Responsible Mining Foundation (RMF) and the World Resources Forum (WRF) have debunked the commonly believed myth... 

World Bank proposes financing framework for developing countries' energy transitions

International finance institution the World Bank has proposed a new framework to help develop a comprehensive financing approach for the energy transition. This comes as developing countries... 

Capital starts trading on OTCQX

London-listed mining services company Capital has started trading on the US-based OTCQX Market. The financial market has 12 000 US and international securities trading.