Jean Nel to step down as director of DRDGOLD in Nov

Jean Nel has decided to step down as a director of gold producer DRDGOLD, with effect from November 27, after serving on the board for six years. DRDGOLD says it is thankful for his valuable... 

Families welcome South African Parliament's call for two engineers to be released from Equatorial Guinea prison

The families of Frik Potgieter and Peter Huxham, the two South African engineers who have been illegally imprisoned in Equatorial Guinea since February 9, 2023, say they are "deeply grateful" to... 

Nampak subsidiary agrees to sell stake in Nampak Zimbabwe for up to $25m

JSE-listed Nampak's Nampak Southern Africa Holdings subsidiary has agreed to sell its 51.43% shareholding in Nampak Zimbabwe to TSL for up to $25-million. Nampak Zimbabwe is listed on the Zimbabwe... 

EOH proposes name change, says major legacy issues resolved

Technology services provider EOH Holdings says it has delivered a "significantly improved" financial position for the financial year to July 31, as well as improved its capital structure, resolved... 

IsoEnergy and Purepoint form Athabasca Basin exploration JV

Toronto-listed IsoEnergy has announced the formation of a joint venture (JV) with TSX-V-listed Purepoint Uranium to explore in the Athabasca basin of Saskatchewan. Both companies will contribute... 

Perseus delivers strong production, cash flow for the September quarter

Africa-focused gold miner Perseus Mining again achieved strong production and cash flow for the quarter ended September 30 – the first quarter of its 2025 financial year – with output having... 

Assay results confirm down-dip continuation of high-grade copper mineralisation at Flat Mine South – Orion

Ongoing drilling at Orion Minerals' Okiep copper project (OCP), in South Africa's Northern Cape province, continues to deliver the highly anticipated extensions of previously intersected wide,... 

Gem lifts third-quarter revenue on higher sales, prices

London-listed Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, generated revenues of $42.7-million from the sale of 26 627 ct of diamonds in the quarter ended September 30. This... 

MAC reports strong production at CSA mine

Australian copper producer Metals Acquisition Corp (MAC) has announced a solid performance at the CSA mine in Cobar, producing 10 159 t during the September quarter. This marks MAC’s second-highest... 

St Barbara explores pumped hydro at Nova Scotia’s closed Touquoy mine

Gold miner St Barbara subsidiary Atlantic Mining is studying a pumped hydro energy storage facility at the now-closed Touquoy gold mine in Nova Scotia, Canada. Independent power producer Natural... 

Northern accelerates LDI mill maintenance to boost output

Graphite flake producer Northern Graphite has brought forward mill maintenance and repairs at its Lac des Iles (LDI) operation, in Quebec, to accelerate throughput expansions in the face of rising... 

West Cobar gains EIS funding for Fraser range exploration

ASX-listed West Cobar Metals has been successful in its application for government co-funding for the Fraser Range project, in Western Australia. The application is part of the Round 30 Exploration... 

NickelSearch appoints geologist with Mt Isa experience as CEO

Multi-commodity explorer NickelSearch on Monday announced the appointment of Johan Lambrechts, formerly VP for geology and exploration at Askari Metals, as CEO with immediate effect. Over the last... 

Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO

London-listed Yellow Cake, a company focused on providing exposure to the uranium spot price, remains optimistic about medium-term sector fundamentals despite current subdued uranium prices. In a... 

West Red Lake upsizes placement

Canadian gold company West Red Lake on Friday announced it would increase the size of its previously announced bought-deal financing from C$20-million to C$25-million. The TSX-V-listed firm would... 

Newmont’s Peñasquito signs labour agreement

Gold miner Newmont announced on Friday that its Mexico subsidiary, Newmont Peñasquito, had signed a new collective bargain agreement (CBA) with the National Union of Mining, Metallurgical, Steel,... 

Graphite One lines up potential $325m Exim loan

North America-focused Graphite One has received non-binding letter of interest from the Export-Import Bank of the United States (Exim) for potential debt financing of up to $325-million to fund a... 

Image speeds up mineral sands project construction

Mineral sands company Image Resources has cleared the final construction approvals for its Atlas project, north of Perth, with water licences being issued. The company started roadwork and civil... 

AuMEGA plans $10m private placement

Canada-focused AuMEGA Metals (formerly Matador Mining) said on Friday that it was in the process of arranging a private placement of $10-million. The ASX- and TSX-listed company would use the... 

Turaco raises A$35m to accelerate drilling in Cote d'Ivoire

West Africa-focused Turaco Gold has announced a A$35-million equity raise to accelerate drilling at the Afema project, in Cote d’Ivoire. The ASX-listed company will raise the funds in a... 

Wesdome Gold gaining momentum

Canadian miner Wesdome Gold is on track to achieve the midpoint of its guidance of 160 000 oz to 180 000 oz, thanks to increasing operational momentum. The company on Thursday reported a strong... 

World moves into the Age of Electricity – IEA

Engineering News editor Terence Creamer discusses the International Energy Agency's statement that the world is moving into the Age of Electricity; how the critical minerals demand associated with... 

Global Uranium sells gold project to Koonenberry

ASX-listed Global Uranium has announced the sale of its Enmore gold project, in New South Wales, Australia, in line with its growth strategy focusing on its North American uranium portfolio.   

REE specialist appointed Resouro CEO

ASX- and TSX-V-listed explorer Resouro Strategic Metals has announced the appointment of Alistair Stephens as its new CEO, effective November 1. With a background in the mining industry spanning 35... 

Eskom announces four executive appointments

Eskom Group CEO Dan Marokane has announced the first four of what will be seven new executive appointments, which he says are being made to address current business challenges and to support the... 

Marula nearing finalisation of JV with Chinese battery manufacturer

Africa-focused mining and development company Marula Mining is finalising negotiations with a Chinese battery manufacturer and its current lithium offtake partner, for the establishment of a new... 

Adriatic appoints former BHP exec as MD and CEO

ASX- and LSE-listed Adriatic Metals has appointed Laura Tyler, a former BHP executive, as MD and CEO. This marks a new chapter for the company as it seeks to strengthen its position as a leading... 

In pioneering move, Malben Engineering begins green steel trial at Nigel auto component plant

South African manufacturer Malben Engineering, of Nigel, is pioneering the use of green steel in the production of automotive components for leading local original equipment manufacturers (OEMs).... 

Capital maintains full-year revenue guidance

London-listed mining services company Capital has reported a 17.6% year-on-year increase in revenue to $93.7-million for the third quarter and is maintaining its full-year revenue guidance at... 

NGEx placement upsized to C$175m

Owing to strong demand, Canadian exploration company NGEx Minerals has upsized its previously announced private placement from C$100-million to C$175-million. The TSX-listed firm will now place... 

Mondi reports lower third-quarter Ebitda on maintenance shuts, forestry fair value loss

Sustainable packaging and paper group Mondi has reported underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of €223-million for the quarter ended September 30,... 

Hecla appoints new director

US silver miner Hecla Mining has appointed Jill Satre to its board of directors. She is currently the VP of internal audit and corporate compliance at North American energy company, TC Energy. 

E3 Lithium wraps up NRCan-funded pilot

TSX-V-listed E3 Lithium has completed all milestones of the pilot project funded by Natural Resources Canada’s (NRCan’s) Critical Minerals Research, Development and Demonstration (CMRDD)... 

Barrick reports Q3 results, eyes strong finish to 2024

NYSE- and TSX-listed Barrick Gold on Wednesday released its preliminary production figures for the third quarter of 2024, revealing gold production of 943 000 oz and copper production of 48 000 t.... 

Greenvale buys new uranium project in NT’s Arunta region

ASX-listed Greenvale Energy has enhanced its Australian energy portfolio with the acquisition of a new uranium project in the eastern Arunta region of the Northern Territory. Greenvale will... 

NGEx to raise C$100m for exploration projects

Copper/gold exploration company NGEx Minerals has announced a C$100-million private placement to advance its projects in the Vicuña district straddling the border between Argentina and Chile. The... 

Lance uranium on track for December restart

The Lance uranium project, in Wyoming, remains on track to restart production in December, owner Peninsula Energy reported on Wednesday. Lance is one of the biggest uranium in-situ recovery... 

Woodside to delist from London exchange

Australian oil and gas major Woodside has announced its decision to delist from the LSE, attributing the move to low trading volumes and a goal to lower administrative costs. The company has... 

Egypt Competition Authority approves Anglogold's buyout of Centamin

The Egyptian Competition Authority has approved AngloGold Ashanti's proposed buyout of Centamin, which owns and operates the Sukari gold mine, in Egypt. The two gold producers last month announced... 

Digital Integrator launched through the merger of IQbusiness and +OneX

JSE-listed Reunert Group has merged its subsidiaries IQbusiness and +OneX a business and technology services “digital integrator” under a united refreshed iqbusiness brand, introducing a new tech...