South32 to take $372m impairment on Mozal; mulls smelter's closure on power cost concerns

Diversified natural resources group South32 has warned that it will have to put its Mozal aluminium smelter on care and maintenance in early 2026, as it struggles to secure sufficient and... 

Updated DFS delivers improved results for West Wits’ Qala Shallows project

An updated definitive feasibility study (DFS) on ASX-listed West Wits Mining’s Qala Shallows project – part of the broader Witwatersrand Basin Project (WBP) – has delivered a “compelling outcome”,... 

Gem may cut Letšeng workforce by 20%

London-listed Gem Diamonds’ share price fell by more than 22% on July 23 after the company announced plans to scale back operations at its Letšeng mine, in Lesotho, to reduce costs in a difficult... 

Kinterra, CAML raise the stakes in battle for control of New World Resources

Private equity firm Kinterra Capital and London-listed Central Asia Metals (CAML) have both increased their offers to shareholders of ASX-listed New World Resources, as the companies vie to acquire... 

South Africa to continue talks with US on 30% tariff

Engineering News editor Terence Creamer discusses the implications of a 30% tariff imposed by the US on imports from South Africa from August 1. 

Aveng warns of full-year loss

JSE-listed international engineering-led contractor Aveng has warned shareholders that it is likely to report a loss for the financial year ending June 30, mainly as a result of challenges with the... 

Godongwana congratulates three new Treasury DDGs on their appointment

Finance Minister Enoch Godongwana has congratulated Ulrike Britton, Ogalaletseng Gaarekwe and Christopher Axelson on their appointment as deputy directors-general (DDGs) in the Department of... 

Gautrain launches 50% discount for some train users to improve affordability

The Gautrain Management Agency has launched KlevaMova, a special product offering a 50% discount on train trips to individuals living in households with a combined household annual income of R350... 

Goldplat's South African operations swing to profit for the second quarter

The CEO of Aim-listed mining services group Goldplat, Werner Klingenberg, has applauded the work undertaken at its gold recovery operations in South Africa and Ghana during the quarter ended... 

DPWI seeks input on better uses for 24 underutilised State-owned properties

The Department of Public Works and Infrastructure (DPWI) has released requests for proposals (RFPs) for 24 underutilised State-owned properties across the country. Members of the public and private... 

Anglo sells further 6.6% stake in Amplats for R9.6bn

Anglo American South Africa, a wholly-owned subsidiary of diviersified miner Anglo American, has sold 17.5-million shares in platinum group metals (PGM) miner Anglo American Platinum (Amplats) at... 

Kore signs final fixed-price EPC contract for its Kola project

Potash development company Kore Potash, which owns 97% of the Kola and DX projects in Congo-Brazzaville, has signed a final engineering, procurement and construction (EPC) contract with PowerChina... 

Amplats raises full-year refined PGM production guidance

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has raised its refined PGM production guidance for the full-year to December 31 to between 3.7-million and 3.9-million ounces,... 

Kumba's third-quarter output down 3% y/y on the back of logistics constraints

South African iron-ore miner Kumba Iron Ore recorded a 3% year-on-year decrease in output to 9.4-million tonnes for the third quarter ended September 30, as derailments, rail breakages and speed... 

De Beers assessing options to lower production amid high midstream inventory levels

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 

Neo Energy Metals to acquire two uranium, gold projects in South Africa’s Witwatersrand basin

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 

Kumba to treble premium iron-ore output at Sishen through ‘compelling’ R11.2bn investment

The board of Kumba Iron Ore has approved a further R7.6-billion investment in ultrahigh dense media separation (UHDMS) processing technology at the Sishen mine, in the Northern Cape. This follows... 

Updated scoping study lifts Sylvania's Volspruit pre-tax NPV to R1.2bn

A updated scoping study on Aim-listed platinum group metals (PGM) producer and developer Sylvania Platinum's Volspruit project, located on the southern end of the northern limb of the Bushveld... 

Neo Energy Metals to acquire two uranium, gold projects in South Africa's Witwatersrand basin

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 

June 2025 targeted for new cadastre migration

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources... 

Taseko looks forward to stronger second-half output

Midtier copper producer Taseko Mines has reported adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of C$120.7-million for the six months ended June 30. That compares... 

Migration to new mining cadastre expected to be completed by June 2025 – Mantashe

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources... 

Reflecting on Marokane's first 100 days as Eskom CEO

Engineering News editor Terence Creamer reflects on Dan Marokane's first 100 days in office as Eskom CEO and the direction Eskom is taking under his leadership.   

Greater investment needed to ensure the success of Europe's CRMA

Greater investment in both technology and skills is needed in Europe to ensure the successful implementation of the Critical Raw Materials Act (CRMA), Member of the European Parliament Hildegard... 

European countries urged to continue investing in mining

Europe is at risk of losing important sources of raw materials, because it is phasing out mining rather than investing in more mines, Federation of German Industries executive board member Wolfgang... 

Botswana Diamonds expands its land holdings in the Kalahari

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same... 

George building collapse rescue, recovery operations wrapped up

Western Cape Minister of Local Government, Environmental Affairs and Development Planning Anton Bredell has confirmed that the rescue and recovery operation at the site of a building collapse, in... 

De Beers progresses diamond traceability, emissions reduction targets

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 

Caledonia's Blanket mine lifts its first-quarter output by 6% y/y

Gold miner Caledonia Mining Corporation has reported a 6% year-on-year increase in production from its Blanket mine, in Zimbabwe, to 17 050 oz for the first quarter of this year. Gold sales also... 

Sibanye concludes restructuring negotiations at its South African PGM operations

Multinational mining and metals processing group Sibanye-Stillwater has concluded consultations with stakeholders regarding the proposed restructuring of four shafts at its South African platinum... 

Lucara expects higher revenues for 2024; announces new large diamond recoveries

Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a... 

South African uranium project owner to inward list on A2X

LSE-listed Neo Energy Metals, which is developing the Henkries uranium project, in the Northern Cape, will inward list its shares on A2X Markets – a South African stock exchange – to enlarge its... 

DMRE names preferred bidder to design, implement mining cadastre

The Department of Mineral Resources and Energy (DMRE), working with the State Information Technology Agency, has concluded the process to appoint a service provider for the design, implementation,... 

MC Mining pleased with results of Uitkomst colliery turnaround, while Vele colliery struggles

Run-of-mine (RoM) production at coal miner MC Mining’s Uitkomst Colliery steelmaking and thermal coal mine , in KwaZulu-Natal, South Africa, increased by 31% year-on-year to 129 272 t for the... 

Infrastructure repairs to Impala Rustenburg’s 11 Shaft to be completed by end-Feb

Platinum group metals (PGMs) miner Impala Platinum (Implats) says infrastructure repairs to Impala Rustenburg’s 11 Shaft are expected to be completed by the end of February, with the build-up to... 

Electricity procurement picks up pace

Engineering News editor Terence Creamer discusses the efforts being made to reinvigorate South Africa's public procurement of new electricity capacity after recent disappointments and amid ongoing... 

Engineering study demonstrates viability of Saudi green pig iron project – Magnum

ASX-listed Magnum Mining & Exploration has successfully completed an engineering study into the technical and economic viability of establishing a green, high-purity pig iron (GHPPI) project, in... 

Antofagasta to invest $4.4bn in Centinela expansion

Chilean copper miner Antofagasta has approved the construction of its Centinela Second Concentrator project, which will add 170 000 t/y of copper-equivalent to the company's production. "The... 

Sigma enters into negotiations with finalists in strategic review process

Brazil-focused Sigma Lithium’s strategic review process will continue into 2024, with the company having entered into contractual and detailed structural negotiations with finalists. The company... 

Cordoba to start engineering, design work at Colombia project in early 2024

Minerals exploration company Cordoba Minerals Corp plans to start detailed mine engineering and design work at its flagship joint venture (JV) Alacran copper/gold project, in Colombia, in early...