QPM’s TECH project receives potential loans totalling A$900m

Canadian export credit agency Export Development Canada (EDC) has doubled its indicative debt financing commitment in ASX-listed critical minerals developer Queensland Pacific Metals’ (QPMs’) for... 

Africa should build battery metals value chain to capitalise on its mineral resources

The world must decarbonise its growth models and shift to renewable energy sources to meet the goals of the Paris Climate Agreement, the United Nations’ (UN’s) Sustainable Development Goals and... 

KP Lime looks to expand with an additional pit

Global commodities trader IMR Resources is set to expand its Kgatelopele Lime (KP Lime) mine, in the Northern Cape, with a second openpit operation that is expected to be built within the next two... 

‘Responsible platinum’ information portal launched

Platinum marketing organisation Platinum Guild International (PGI) has launched an information portal on responsible platinum to help the jewellery trade and consumers learn about how platinum is... 

DRA secured new contracts, rebased the business in 2022

Deals worth A$638-million were awarded to multidisciplinary engineering, project management and operations management group DRA Global in 2022, as the group sought to strengthen its relationships... 

Junior miner allocations won't impact existing manganese slots – TFR

State-owned rail operator Transnet Freight Rail (TFR) says its opening of rail capacity allocations to junior miners will not impact existing guaranteed manganese miner export allocations. As part... 

Anglo appoints nonexec director, sustainability committee member

Diversified miner Anglo American has appointed Magali Anderson nonexecutive director and a member of its board sustainability committee, effective April 1. She is currently building materials... 

Kavango completes strategic review to bolster push into Botswana

Southern Africa-focussed metals explorer Kavango Resources has completed its strategic review, which was undertaken to provide a detailed analysis of the company’s current projects, its operations... 

Technology Minerals receives five exploration permits in Cameroon

Cameroon’s Ministry of Mines, Industry and Technological Development has granted five exploration permits for LSE-listed battery minerals company Technology Minerals’ nickel, cobalt and copper... 

Lifezone completes technical report summary for 40.4Mt Kabanga nickel project

Critical minerals and green beneficiation company Lifezone Holdings has completed an S-K 1300 technical report summary (TRS) estimating mineral resources of 40.4-million tonnes for its... 

Shanta boosts group resources threefold in five years through exploration

East Africa-focused gold producer, developer and explorer Shanta Gold reports that, over the past five years, it has grown its group resources threefold from 1.2-million ounces grading at an... 

URA completes acquisition to take ownership of extensive Gravelotte mine

LSE-listed diversified explorer URA has completed the acquisition of 100% of the issued shares in Gem Venus Holdings – the owner of the majority interest in the Gravelotte emerald mine, in South... 

Hulamin expects to report lower earnings, headline earnings for 2022

In anticipation of releasing its full-year results for 2022, on March 6, JSE-listed aluminium semi-fabricator Hulamin reports that its earnings a share are expected to decrease by 45% to 53% to... 

Business resiliency the reason South Africa’s economy is persevering – Jammine

Despite South Africa’s economy being “not a great environment” currently, economic consultancy Econometrix director and chief economist Dr Azar Jammine said South African business has shown typical... 

Harmony expects interim earnings to rise between 20% and 40%

Ahead of the March 1 release of its results for the six months to December 31, 2022, gold miner Harmony Gold reports that its basic earnings will be between 20% to 40% higher year-on-year. Earnings... 

Gold Fields’ production exceeds guidance but its full-year profit falls

JSE- and NYSE-listed gold miner Gold Fields produced 2.4-million ounces of gold for the year ended December 31 – a 3% year-on-year increase and exceeding guidance of between 2.31-million and... 

Hummingbird receives further investment to bring Kouroussa online

Aim-listed gold explorer and developer Hummingbird Resources reports that a conditional $1.4-million has been invested into the company by certain existing institutional shareholders. This comes on... 

Premier's Zulu lithium, tantalum project nears completion

Diversified miner and developer Premier African Minerals CEO George Roach reports that the company's Zimbabwe-based Zulu lithium and tantalum project is on track to produce spodumene concentrate... 

Shanta upgrades West Kenya’s Ramula resource estimate

East Africa-focused gold producer, developer and explorer Shanta Gold has updated the mineral resource estimate (MRE) for the Ramula deposit at its West Kenya project, adding 39% more ounces. This... 

Haib exploration licence remains in limbo as court verdict postponed again

TSX-V-listed Deep-South Resources reports that the High Court of Namibia has postponed providing a verdict in the case to review the Namibian Mines and Energy Minister’s refusal to not renew the... 

Cabinet endorses appointment of Moloi as RTIA registrar, CEO

The Road Traffic Infringement Agency (RTIA) says the appointed of Matsemela Moloi as registrar and CEO, effective March 1, has been confirmed by Cabinet. He has been serving as acting RTIA... 

Reits likely to outperform as pressures ease

With the worst impacts of the Covid-19 pandemic having subsided, the increased interest rate cycle nearing its end and landlords finding power generation solutions, South Africa's real estate... 

Bushveld Electrolyte Company on track for first production

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals reports that its South African vanadium electrolyte factory – Bushveld Electrolyte Company (Belco) – is... 

SBI lists issues impeding economic growth ahead of Godongwana budget

Ahead of the national budget, to be tabled on February 22, the Small Business Institute (SBI) has called on Finance Minister Enoch Godongwana to support small businesses and their employees,... 

Paramount Group unveils new logo at IDEX

Aerospace and defence company Paramount Group has introduced what it says is an evolution of its brand by redeveloping its logo, which was unveiled at the International Defence Expo, which is being... 

Gemfields has its eye on security measures following Cabo Delgado attacks

Gemstone miner Gemfields, which has operations in Mozambique and Zambia, has reiterated the emphasis it places on operational personnel's safety in Mozambique following a series of insurgent... 

KAP’s interim revenue up 12%, but earnings down 2% on lower demand

Diversified industrial, chemical and logistics group KAP Industrial increased its revenue for the six months ended December 31 by 12% year-on-year to R15.26-billion but earnings before interest,... 

Mpact expects earnings to increase on the back of product demand

Ahead of the release of its audited financial results on March 7, paper and plastics manufacturer Mpact reports that its revenue for 2022 increased by about 7% to R12.4-billion, driven by paper... 

KCB expert recommends Kavango focus more on Karakubis project

Mining consultancy Tulia Blueclay (TB) professional geologist David Catterall, who has been appointed to enhance Botswana-focussed metals exploration company Kavango Resources’ insight into its... 

Financial services group to focus on Africa by establishing a presence in South Africa

With an abundance of untapped investment potential throughout Africa, financial services company Anolawave has established a presence in South Africa, co-founded by Lightcone Asset Management... 

Aterian’s exploration in southern Rwanda reveals rare-metal hosting targets

Twenty-two zones of potentially mineralised pegmatite have been identified at LSE-listed explorer and developer Aterian’s projects in southern Rwanda, confirming the presence of a number of... 

Marula increases stake in Kinusi copper project to 75%

Africa-focused battery metals investment and exploration company Marula Mining has amended the terms of its agreement with Tanzanian mining company Takela Mining Tanzania to increase its interest... 

Fairvest completes 2Twenty Madiba aesthetic refurbishment

Diversified real estate investment trust (Reit) Fairvest has completed an aesthetic refurbishment of the landmark offices at 220 Madiba street, in central Pretoria. Fairvest says the upgrade of... 

South Africa to benefit from expansion of Brics – Brand SA

Brand South Africa (SA) says that, as South Africa assumes chairpersonship of the Brazil, Russia, India, China and South Africa (Brics) bloc of countries this year, it stands to benefit from a... 

UK eyeing hydrogen production with keen interest into electrolysis – WPIC

Platinum investment promoter the World Platinum Investment Council (WPIC) says the launch of the UK’s inaugural Hydrogen Week, demonstrates the growing momentum around the use of hydrogen to help... 

Mining fatalities reach new low of 49 while injuries, disease also decrease

South Africa’s mining industry suffered 49 fatalities in 2022 – a 34% improvement on the 74 fatalities of 2021 and a record low, thereby continuing the downward trend many in the mining industry... 

Isuzu retains top truck selling position for tenth year, looks to expand diesel alternatives

Commercial vehicle manufacturer Isuzu Truck, which is celebrating a tenth consecutive year as the truck market leader, is progressing with plans to roll out newer and more environment-friendly... 

First locally-made automated shaft sinking drill rig shipped to overseas client

Rosslyn-based mechanical engineering company Impco Engineering has completed the development and construction of its first automated and energy-efficient Jumbo shaft sinking drill rig, which has... 

Pan African reconfigures mines to address production slip; focusses on solar PV

JSE- and LSE-listed midtier gold producer Pan African Resources produced 92 307 oz of gold for the six months to December 31, 2022 – down 14.6% year-on-year, following the record gold production... 

Amplats' Viljoen makes a move to Newmont

Anglo American Platinum (Amplats) CEO Natascha Viljoen is stepping down from her position at the platinum group metals (PGMs) miner after accepting an executive VP and COO position at US-based...