Endeavour on track to achieve full-year guidance following strong first quarter

London-listed Endeavour Mining says it achieved a strong performance for the first quarter, with production of 341 000 oz at an all-in sustaining cost of $1 129/oz. The company is on track to... 

Aterian to accelerate African growth with trade facility

London-listed Aterian has secured signed subscriptions for £468 000 of equity capital targeted through the issue of convertible bonds to both new and existing investors. It is intended that... 

Emmerson approaches ICSID for arbitration over Morocco project

Aim-listed Emmerson has submitted a request for arbitration (RFA) to World Bank arm the International Centre for Settlement of Investment Disputes (ICSID) regarding what it says are breaches by the... 

Trump’s tariffs to weigh on US, global economies

The sweeping tariffs recently imposed by the US are expected to cause significant damage to the global economy, economists noted during a webinar hosted by Fitch Solutions unit BMI on the impact of... 

MC Mining achieves significant development milestones at Makhado

JSE-listed MC Mining’s Makhado steelmaking hard coking coal (HCC) project, in Limpopo, achieved significant development milestones towards commissioning of the coal handling and preparation plant... 

Perseus maintains full-year production guidance

ASX-listed Perseus Mining has maintained its full-year production guidance at between 469 709 oz and 504 709 oz of gold at an all-in sustaining cost (AISC) of between $1 250/oz and $1 280/oz, after... 

Jupiter reports strong quarterly performance at Tshipi

ASX-listed Jupiter Mines says that the Tshipi manganese mine, in South Africa, delivered an “outstanding” operational and financial performance in the third quarter ended March 31, with sales... 

First-quarter gold demand underpinned by increasing ETF inflows

Total gold demand increased by 1% year-on-year to 1 206 t – the highest for a first quarter since 2016, industry organisation the World Gold Council’s new report on gold demand trends for the first... 

Gautrain to offer complimentary midibus service for SAAF Show

Passenger rail company the Gautrain is offering a complimentary midibus shuttle service from Centurion Station to the yearly South African Air Force (SAAF) Museum Air Show at the Air Force Mobile... 

WeBuyCars to report higher interim earnings

JSE-listed WeBuyCars expects its core headline earnings for the six months ended March 31 to be between R500.2-million to R516.3-million – a 24% to 28% increase from the R402-million in core... 

Sandfire delivers robust results despite headwinds

ASX-listed Sandfire Resources says it delivered robust operating results in the quarter ended March 31, as its teams responded well to unprecedented rainfall at both Motheo, in Botswana, and its... 

Kore receives draft financing proposal for Kola project

Potash development company Kore Potash has received the draft financing proposal and associated draft nonbinding term sheets for its 97%-owned Kola potash project, in Congo-Brazzaville, from the... 

Canyon subsidiary receives approval for access to land at Cameroon port

ASX-listed Canyon Resources’ wholly-owned in-country subsidiary Camalco Cameroon has received approval from the Port Authority of Douala to secure access to the land at the Port of Douala, in... 

Gemfields ruby auction yields $7.2m in revenue

Gemstone miner Gemfields’ mini auction of rough rubies recovered from its 75%-owned Montepuez Ruby Mining (MRM) operation, in Mozambique, has generated revenue of $7.2-million at an average sales... 

Perseus to proceed with $523m development of Tanzanian project

ASX- and TSX-listed Perseus Mining has taken a final investment decision (FID) to develop the Nyanzaga gold project, in Tanzania, following an update of the project’s feasibility study. Perseus has... 

Harmony reports loss-of-life incident at Moab Khotsong mine

JSE-listed Harmony Gold Mining Company has reported that an employee lost his life in a locomotive-related accident at the Moab Khotsong mine on April 25. Moab Khotsong is a deep-level mine near... 

dtic, MTN to host SA-Nigeria private sector engagement

The Department of Trade, Industry and Competition (dtic), in collaboration with telecommunications company MTN Group, will host the South Africa-Nigeria Private Sector Engagement Session next week.... 

Vast’s historical diamond parcel released by Zimbabwean authorities

Aim-listed Vast Resources has announced the release of the historical diamond parcel that has been held in safe custody at the Reserve Bank of Zimbabwe by order of that country’s Supreme Court... 

Operational challenges, smelter maintenance hamper Implats’ output

JSE-listed Impala Platinum’s (Implats’) ruthenium, rhodium, palladium, osmium, iridium and platinum (6E) production from managed operations at Impala Rustenburg, Impala Bafokeng, Zimplats, Marula... 

Cesa calls for resilient infrastructure approach in KZN amid flood challenges

There is an urgent need for a proactive and resilient approach to infrastructure maintenance in KwaZulu-Natal, especially given the recurring floods that have exposed significant vulnerabilities in... 

Vukile launches revamped Bedworth Centre

JSE-listed Vukile Property Fund has launched its revamped Bedworth Centre, in Vereeniging, following a R141-million redevelopment project that started last year. The revamp of the 29 200 m2 centre... 

Report reveals trends shaping Southern Africa’s trade potential

As trade corridors expand and the demand for sustainable supply chain solutions grows, end-to-end solutions provider Reload Logistics has released an industry outlook report, 'Unlocking Southern... 

Nersa publishes gas strategy report

The National Energy Regulator of South Africa (Nersa) has completed and published a strategy report that outlines its vision for the role of gas in South Africa’s evolving energy landscape. This... 

Akora’s main exploration tenement in Madagascar renewed

ASX-listed Akora Resources has received formal documentation from the Bureau du Cadastre Minier de Madagascar confirming the renewal of its main exploration tenement, PR10430, at its flagship... 

Canyon continues to progress Cameroon project towards production

ASX-listed Canyon Resources’ March quarterly activities report shows progress on key activities at the Minim Martap bauxite project, in Cameroon. The company started the evaluation of a two-stage... 

Enel invites participants to wind turbine design challenge

Green energy company Enel has called on architects, designers and engineers globally to rethink wind turbine design by entering its WinDesign challenge and submit solutions that are technologically... 

Zambia’s Kashime copper mine approved to start operations

The Kashime copper mine project, located in the Upper Lusemfwa area of Mkushi district in Zambia, has received authorisation to start mining operations. The project is primarily being developed by... 

Bougouni lithium project mining licence transfer completed

The Foulaboula exploitation permit, or mining licence, has been approved for transfer from Future Minerals to London-listed Kodal Mining UK's subsidiary Les Mines de Lithium de Bougouni (LMLB). The... 

TIPS report on small businesses shows informal sector is still lagging

Available data suggest that formal small businesses contributed 19% of GDP and 33% of employment in 2023, according to nonprofit Trade and Industrialist Strategies’ (TIPS’s) ‘State of Small... 

Lexington raises £530 000 to progress project activities

Aim-listed Lexington Gold, with projects in South Africa and the US, has raised, in aggregate, gross proceeds of £530 000 through the issue of 15.6-million new common shares to new and existing... 

Kenmare achieves solid first quarter

London-listed Kenmare Resources, which operates the Moma titanium minerals mine, in northern Mozambique, recorded ilmenite production of 204 500 t for the first quarter ended March 31. This was in... 

Merafe reports lower year-on-year production

JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture was 71 000 t for the first quarter ended March 31. That represents a decrease of about 7%... 

Sovereign undertaking geotechnical programmes at Malawi project

ASX-listed Sovereign Metals says several geotechnical drilling programmes are now under way at its Kasiya rutile/graphite project, in Malawi. The results of the programmes will be used to support... 

Sacci BCI shows improvements in first quarter

Business industry body the South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) increased gradually from a depressed level of 107.8 in May 2024 to a record... 

US tariffs to weigh on US, global economies

The sweeping tariffs recently imposed by the US are expected to cause significant damage to the global economy, economists noted during a webinar hosted by Fitch Solutions unit BMI on the impact of... 

Mining production, sales fall in February

Mining production decreased by 9.6% year-on-year in February, Statistics South Africa reports. The largest negative contributors were platinum group metals (PGMs) (-23.9% and contributing -5.8... 

Askari highlights extensive tin, tantalum mineralisation at Namibia project

ASX-listed Askari Metals has reviewed the historical exploration database for its Uis project, in Namibia, with the focus on evaluating the significant tin and tantalum mineralisation that exists.... 

Caledonia’s Zimbabwe mine achieves record first quarter

Aim-listed Caledonia Mining’s Blanket mine, in Zimbabwe, produced 18 671 oz of gold in the first quarter of this year, exceeding the 17 050 oz produced in the first quarter of 2024. ​This is a new... 

Akobo Minerals progresses mining operations in March, smelting temporarily halted

Scandinavian gold producer Akobo Minerals, which owns gold operations in Ethiopia, progressed mining operations in March, starting with lower-grade ore and reaching higher-grade material toward... 

Epson opens new Johannesburg office, Innovation Centre

Technology solutions company Epson has announced the opening of its Innovation Centre and office, in Johannesburg, as part of its expansion strategy and commitment to strengthening its presence in...