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Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za
Northam warns of full-year profit slump, despite strong operational performance
Platinum group metals (PGM) miner Northam Platinum says it expects to report a year-on-year decrease of between 76.6% and 86.6% in headline earnings per share (HEPS) to between R3.24 and R5.66 for...
Eastplats' first-half income falls on lower chrome sales volumes
Platinum group metal (PGM) and chrome miner Eastern Platinum (Eastplats) has reported net income attributable to equity shareholders of $2.6-million for the six months ended June 30, compared with...
Solidarity says RMA accepts claims of five members injured in December 2023 mine strike
Trade union Solidarity says Rand Mutual Assurance (RMA) has accepted the claims for damages of five members injured in a strike at the Gold One mine in December last year. The union says its...
PNG’s Woodlark resource increased to 1.67Moz
Exploration and development company Geopacific Resources has announced a new mineral resource estimate for the Woodlark gold project, in Papua New Guinea. The Woodlark resource now stands at...
Astute optimises Nevada lithium projects
ASX-listed Astute Metals has decided to relinquish two projects in Nevada, as it focuses its resources and time on the projects it believes have the greatest potential to create value for...
Madison's Khan project granted a nuclear fuels licence
Namibia's Ministry of Mines and Energy has granted permission for nuclear fuels extraction at Canada-headquartered Madison Metals' Mining Licence 86A – the same licence within Madison West that...
IHS Towers, MTN strengthen strategic partnership
As MTN Group and IHS Towers renew and extend communications infrastructure deals in Nigeria, as well as renewing all contracts across IHS Towers-MTN markets, the parties are constructively working...
South Africa's mining production decreased by 3.5% y/y in June
South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions....
Unemployment rate worsens to 33.5% in the second quarter
South Africa's unemployment rate worsened by 0.6 of a percentage point to 33.5% in the second quarter, from 32.9% in the first quarter. The expanded unemployment rate, which includes discouraged...
Titan temporarily suspends operations at Empire State mine due to flooding
Toronto-listed Titan Mining on Monday announced the temporary suspension of operations at its Empire State Mine (ESM) following historic flooding caused by Tropical Storm Debby. While there were...
Gem achieves 9% y/y increase in first-half diamond sales
London-listed Gem Diamonds sold 56 944 ct of diamonds recovered from its Letšeng mine, in Lesotho, generating $77.9-million for the six months ended June 30. This represents a 9% increase on the 52...
Strike action at Lundin’s Caserones mine
TSX-listed Lundin Mining has announced that one of the three unions representing about 30% of the workforce at the Caserones mine, in Chile, has initiated strike action. This follows a period of...
Kenmare FD Hickey to succeed outgoing MD Carvill
Titanium minerals and zircon producer Kenmare Resources has appointed FD Tom Hickey to succeed Michael Carvill as MD, with effect from August 15. Carvill is stepping down as Kenmare MD after 38...
Kincora secures Woomera as partner for Mongolia assets
TSX-V- and ASX-listed Kincora Copper on Monday announced an agreement with ASX-listed Woomera Mining for the Bronze copper and gold project, in Mongolia. Woomera has the right to spend up to...
Cornish appoints South African Don Turvey as CEO
Aim- and TSX-V-listed Cornish Metals has announced the appointment of Don Turvey as CEO. The appointment is intended to be effective from September 1, and is subject to the approval of a UK work...
Lotus restructures management team to accelerate Africa projects
ASX-listed Lotus Resources has announced a restructured board and senior management team to accelerate the development of its Kayelekera uranium mine, in Malawi, and to advance its Letlhakane...
USSM selected for potential $400m funding from Exim
St Louis, Missouri-based US Strategic Minerals (USSM) has received a nonbinding letter of interest from the Export Import Bank of the US (Exim) for a potential debt funding package of...
Barminco secures Barrick contract extension in Canada
ASX-listed Perenti has announced that its underground mining business, Barminco, has signed a three-year contract with Barrick Gold to continue contract mining at the Hemlo gold mine, in Canada.
OceanaGold reports Didipio fatality
Toronto-listed OceanaGold on Friday reported the death of a contractor working at its Didipio mine, in the Philippines. The worker sustained serious head injuries while attempting to remove a...
BHP launches Canada Indigenous Partnerships Plan
Diversified mining major BHP took a further step towards deepening long-term relationships with Indigenous communities with the launch of its Canada Indigenous Partnership Plan (CIPP) on August 9....
Red 5 sells shares to simplify capital structure
Australian miner Red 5 has streamlined its capital structure by selling a parcel of shares it acquired through its merger with Silver Lake Resources in June. Silver Lake initially purchased these...
Gold Fields to report lower interim earnings
Gold miner Gold Fields expects to report headline earnings per share (HEPS) of between $0.34 and $0.38 for the six months ended June 30 – a 25% to 33% decrease on the HEPS reported for the first...
WA govt moves to expedite mining approvals
The Western Australian government has announced more support for the mining industry by expediting approvals, streamlining the approvals process and providing incentives to explorers. The...
Opinion: Innovative financing and policy support accelerating renewable energy development in Africa
In this article, Africa GreenCo founder and CEO Ana Hajduka writes that, as Africa’s energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers and...
Opinion: Transforming South Africa's manufacturing sector to embrace green and avoid falling behind
Transforming South Africa's manufacturing sector to embrace green practices is not just an environmental necessity but a strategic imperative to remain competitive on the global stage, writes...
The NTCSA's immediate priorities
Engineering News editor Terence Creamer discusses the role of the National Transmission Company South Africa (NTCSA) in the country's electricity system; its current trading status; its plans to...
Arizona Lithium's Prairie produces battery-grade lithium carbonate
ASX-listed Arizona Lithium on Wednesday announced that it had produced battery-grade lithium carbonate from its Prairie lithium project, in Saskatchewan. The lithium carbonate was produced from...
Aruma completes copper and uranium acquisition
ASX-listed Aruma Resources has completed its acquisition of a portfolio of copper and exploration assets in South Australia and Queensland. Aruma executed a share acquisition agreement to acquire...
Calibre receives federal nod for third pit at Valentine
TSX-listed Calibre Mining has received federal environmental assessment approval for the addition of a third openpit, the Berry deposit, at its Valentine gold mine in Newfoundland and Labrador....
Altron’s Robert Venter passes away
JSE-listed Altron on Wednesday reported that nonexecutive director Robert (Robbie) Venter passed away on August 6. The Altron board expressed its deepest condolences to the Venter family, friends...
Patriot reports significant resource upgrade at Shaakichiuwaanaan
Dual-listed Patriot Battery Metals on Tuesday updated the mineral resource estimate (MRE) for the CV5 and CV13 spodumene pegmatites at its Shaakichiuwaanaan property, formerly known as the...
Arcadium announces ‘small, but important’ acquisition
NYSE- and ASX-listed Arcadium Lithium has announced the acquisition of the lithium metal business of Li-Metal for $11-million in cash. The acquisition includes the intellectual property and...
Afrimat optimistic of improved second-half performance
Mid-tier mining and materials company Afrimat reports that steady progress is being made with the integration of the Lafarge business, which it acquired earlier this year, and that the suspension...
Atlantic Tin completes Samine acquisition
Unlisted Australian mineral exploration and development company Atlantic Tin's Moroccan subsidiary Titan Tin has completed its acquisition of Société Anonyme d’Entreprises Minières (Samine) from...
Kin, soon to be renamed Patronus, appoints COO
Western Australia-based Kin Mining, which is soon to be renamed Patronus Resources, has appointed John Ingram as COO. Ingram is a geologist with more than 25 years of global experience, having...
WA gold companies shine but critical minerals pull index down
Gold-focused Western Australia companies have shone in 2024, with strong prices driving merger and acquisition (M&A) activity, while prices for some critical minerals, including lithium and rare...
Australian critical mineral explorers, developers and producers face uncertainty - Deloitte
The global trade and investment environment for critical minerals is rapidly changing and Australian critical mineral explorers, developers and producers need to understand the implications for...
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