Eastplats’ second-quarter net loss widens on lower sales, higher costs

Toronto- and Johannesburg-listed Eastern Platinum’s (Eastplats’) net loss widened to $6.1-million, or a loss of $0.03 a share, for the second quarter ended June 30, compared with the net loss s of... 

Extended producer responsibility compliance spotlighted as SA looks to grow circular economy

With waste generation increasing and landfill space becoming increasingly limited in South Africa, alongside growing global regulatory requirements, local producers are facing mounting pressure to... 

Extended producer responsibility compliance spotlighted as SA looks to grow circular economy

With waste generation increasing and landfill space becoming increasingly limited in South Africa, alongside growing global regulatory requirements, local producers are facing mounting pressure to... 

Bezant starts blasting at Namibia copper and gold project

Aim-listed Bezant Resources has completed the successful first blast at the Hope openpit site at its 90%-owned Hope and Gorob copper/gold project, in Namibia. The company reports that a 20 000 t... 

Hamak selects consultants for Akoko PEA

Aim-listed Hamak Strategy has selected Snowden Optiro as independent consultant to undertake the preliminary economic assessment (PEA) for the Akoko oxide gold project, in southwest Ghana. In a... 

Shuka identifies new orebody at Kabwe

Dual-listed Shuka Minerals has successfully completed the ninth drill hole, KBDD09, slightly to the south of the previously unmined Speaks and Mine Club zones at its Kabwe zinc mine, in Zambia. The... 

Mining production decreased by 4% y/y in June

Statistics South Africa (Stats SA) reports that mining production decreased by 4% year-on-year in June, with the largest negative contributor being platinum group metals (PGMs), which recorded a... 

MC Mining secures $16m of further capital support from KDG

Australia- and Johannesburg-listed MC Mining has entered into a loan agreement and a share subscription agreement with its controlling shareholder, Kinetic Development Group (KDG), pursuant to... 

Aton closes C$4m private placement

TSX-V-listed Aton Resources has closed its previously announced nonbrokered private placement of about 7.62-million shares at a price of C$0.53 apiece to Xinhai Mining Services for total gross... 

Data centres play a key role in driving economic growth – Equinix

As the role of digital infrastructure becomes increasingly important in supporting South Africa’s economic growth, data centres have become critical in shaping this landscape, serving customers in... 

Committee on electricity hears views on the Gas Bill

The Portfolio Committee on Electricity and Energy has begun public hearings on the Gas Bill. In a media release, the committee says stakeholders who made submissions supported the Bill and proposed... 

Council notes concerns about Industrial Development Strategy's impact on mining

As mining remains the “backbone of South Africa’s economy”, due care must be exercised when implementing legislative interventions to minimise damage to investor sentiment and avoid curtailing the... 

Epiroc to acquire the business of South African mining aftermarket solutions provider

Mining equipment supplier Epiroc has agreed to acquire the business of Eventspec, a South African mining aftermarket solutions provider that manufactures parts for drill rigs, mine trucks and... 

Patriot Resources completes Zambia site visit, geological mapping

Battery metals company Patriot Resources has completed an initial site visit and first-pass reconnaissance geological mapping on its new Zambian licence, 33543-HQ-LEL. The licence covers about... 

Westgold to expand Cue hub processing rates for more ore optionality, higher output

ASX- and TSX-listed Westgold Resources has announced its commitment to expand its Cue processing hub in Australia’s Murchison region, having approved the Cue expansion plan (CXP) as a capital-light... 

Godongwana responds to court judgment declaring PIC CEO’s suspension invalid

Finance Minister Enoch Godongwana has noted the High Court judgment declaring the suspension of Public Investment Corporation (PIC) CEO Patrick Dlamini invalid and unlawful. In a media statement,... 

Valterra, Pujing Chemical to collaborate on advancing innovative production technology

South Africa-headquartered Valterra Platinum has, through a Chinese subsidiary, entered into a collaboration agreement with Shanghai Pujing Chemical Technology to support the scale-up and further... 

Mintek welcomes new board

State minerals and metallurgical research organisation Mintek has welcomed the appointment of its new board by Cabinet. In a media statement, Mintek says the newly appointed board will provide... 

Project development at Kefi’s Ethiopia project advancing on schedule

Aim-listed Kefi Gold and Copper has reported that the Phase 1 resettlement action plan (RAP) at its Tulu Kapi gold project, in Ethiopia, clearing the mining licence area for the installation of... 

Fulcrum reports maiden MRE for Nevada lithium project

ASX-listed Fulcrum Lithium has announced a maiden mineral resource estimate (MRE) for its wholly-owned Alkali Flats project, in Esmeralda County, in Nevada, in the US. The company says this is a... 

Fresnillo’s interim revenue up 74.7% y/y on higher gold, silver prices

Mexico-focused precious metals miner Fresnillo has reported a 74.7% year-on-year increase in revenue to $3.38-billion for the six months ended June 30, mainly owing to higher silver and gold prices... 

Safla, Amie SA partner to advance South Africa’s meat-trade logistics

The South African Freight and Logistics Association (Safla) and the Association of Meat Importers and Exporters of South Africa (Amie SA) have signed a memorandum of cooperation (MoC) to deepen... 

Aterian identifies new copper targets at Morocco project

Aim-listed Aterian says an independent interpretation of the recently completed high-resolution ground magnetic data has identified multiple priority copper/silver exploration targets at its... 

Hulamin reports first-half operational recovery

JSE-listed aluminium products company Hulamin has reported that it delivered a strong operational recovery for the six months ended June 30. Following the resolution of the majority of the... 

Panellists highlight progress, challenges in transitioning to a circular economy in South Africa

With growing waste generation and limited landfill space in South Africa, sustainable resource management, extended producer responsibility (EPR), resource recovery and waste innovation play an... 

Premier African Minerals to raise £550 000 for Zim project

London-listed Premier African Minerals has completed a subscription to raise about £550 000 before expenses through the issue of four-billion new ordinary shares at an issue price of 0.014p apiece.... 

Trinity Metals launches sonic drilling programme at Rwanda mine

Rwanda-based mining company Trinity Metals has begun its inaugural sonic drilling programme at the Nyakabingo mine. The drilling programme comprises up to 106 planned drill holes at depths ranging... 

AMSA flags widened interim losses

Steelmaker ArcelorMittal South Africa (AMSA) has warned that its loss a share for the six months ended June 30 is likely to be between R1.10 and R1.14, compared with a loss a share of 84c in the... 

Itac recommends three-year safeguard duty extension for threaded fasteners

The International Trade Administration Commission of South Africa (Itac), on February 27, initiated an investigation into the extension of safeguard duties against increased imports of threaded... 

Itac grants a 20% duty increase on certain rock drilling equipment parts

The International Trade Administration Commission of South Africa (Itac) has recommended an increase in the general rate of customs duty on certain rock drilling equipment parts, from free of duty... 

Lake Victoria Gold begins Phase 1 earthworks at Imwelo gold project

TSX-V-listed Lake Victoria Gold (LVG) has begun Phase 1 earthworks at its fully permitted Imwelo gold project, in Tanzania, as construction of the project’s site camp nears completion. In a news... 

Rock Tech signs binding spodumene offtake agreement for Georgia Lake project

TSX-V-listed Rock Tech Lithium has signed a binding long-term offtake agreement with Geneva-based global commodity trading house Transamine for spodumene concentrate produced at the company’s... 

RBIDZ wins Investment of the Year award, emphasises future growth

The Richards Bay Industrial Development Zone (RBIDZ) was awarded the Special Economic Zone (SEZ) Investment of the Year award at the second International Special Economic Zones (SEZ) Infrastructure... 

Uranium Royalty Corp completes landmark Sweetwater transaction

TSX- and Nasdaq-listed Uranium Royalty Corp (URC) has completed its previously announced plan of arrangement to merge its assets with those held by Sweetwater Royalties and form a new company, New... 

Anglo’s Peru, Chile operations recognised by The Copper Mark

Diversified miner Anglo American’s Quellaveco copper mine, in Peru, and its three managed copper operations in Chile – the Los Bronces and El Soldado mines and the Chagres smelter – have been... 

Mpact to report lower interim earnings

JSE-listed Mpact has reported that, despite a weak macroeconomic backdrop, only partly mitigated by lower inflation and interest rates compared with the same period last year, Mpact’s paper... 

Lotus successfully completes institutional entitlement offer bookbuild

ASX-listed Lotus Resources has announced that it has successfully completed the institutional component of the fully underwritten one-for-one pro rata accelerated non-renounceable entitlement offer... 

Merafe reports lower output but guides for higher interim earnings

JSE-listed Merafe Resources has reported that its share of ferrochrome production from the Glencore Merafe Chrome Venture, in South Africa, amounted to 28 000 t for the six months ended June 30 – a... 

PFS update for Capricorn Metals' gold project indicates production ramp-up to 260 000 oz/y

ASX-listed Capricorn Metals has announced the results of its updated prefeasibility study (PFS) for its Mt Gibson gold project (MGGP), in Western Australia. The updated study includes underground... 

80 Mile to raise £1.9m through placing

Aim-listed 80 Mile has announced a placing to raise about £1.9-million, before expenses, by way of the issue of 283.58-million new ordinary shares in the capital of the company to certain existing...