Uis mineral resource upgraded after 2022 drilling

Aim-listed African technology metals miner Andrada Mining has updated the mineral resource estimate of its flagship Uis mine, in Namibia, increasing the average lithium grade from 0.63% lithium... 

Twin Hills definitive feasibility study progressing – Osino

TSX-V-listed gold explorer and developer Osino Resources is progressing with developing a definitive feasibility study (DFS) for its Twin Hills gold project, in Namibia, and is conducting trade-off... 

Research team develops concept to generate power in disused mine shafts

An international team of researchers have developed a method to store kinetic energy, which can later be converted to electrical energy, using decommissioned underground mines. The Underground... 

Mining fatalities reach a new low of 49; 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... 

Godongwana says Eskom, crime key impediments to efforts to woo investors

Ahead of South Africa’s government delegation traveling to Davos, Switzerland, to take part in the upcoming yearly World Economic Forum, Finance Minister Enoch Godongwana says South Africa’s... 

Renewable energy, social upset key themes for miners in 2023 – Fitch Solutions

Capital expenditure of mining companies is increasingly being aimed at renewable energy projects and associated grid development – a trend that is likely to continue throughout this year, financial... 

Kearney appoints energy sector veteran Reddy as equity partner

Management consulting firm Kearney has appointed energy specialist Prashaen Reddy as an equity partner. A business leader with over 13 years of experience in consulting, including six years... 

Mining Indaba introduces InfraTech platform to look at mining innovation

The organiser of the yearly Investing in African Mining Indaba, Hyve Group, reports that this year’s event will see the launch of a three-day InfraTech content platform that will include... 

Torsa launches Johannesburg office as its gateway to Africa

Spanish mining technology company Torsa has launched its pan-African business hub in South Africa, with plans to “drastically” reduce mining incidents, and most importantly fatalities, in line with... 

Barrick’s North Mara, Bulyanhulu deliver higher output, socioeconomic benefits

Gold and copper miner Barrick Gold’s two gold mines in Tanzania – North Mara and Bulyanhulu – lifted their combined output to 547 000 oz in 2022, achieving another step towards their potential Tier... 

Ramelius reports quarterly results

Western Australian gold producer Ramelius produced 56 756 oz of gold at an all-inclusive sustaining cost (AISC) of A$2 153/oz during the fourth quarter ended December 31, 2022. Ramelius owns and... 

Cadence completes sale of Yangibana tenements

Early-stage investment and development company Cadence Minerals has completed the sale of 30% of its working interests in the Western Australia-based Yangibana rare earths project tenements to... 

Fresnillo meets 2022 guidance

London-listed Fresnillo has met its 2022 guidance, producing 53.7-million ounces of silver and 635 900 oz of gold from its mines in Mexico. Silver production was slightly above 2021’s output, with... 

Robex, Taurus sign financing deal to progress Kiniero gold project

West African gold producer and developer Robex Resources has appointed Australian-based fund management firm Taurus Mining Finance Fund No.2 as exclusive arranger for a funding package of up to... 

Renewed interest in Cape Town, Durban office space – Emira

Real estate investment trust Emira Property Fund says it has received increased enquiries for office space in Cape Town and Durban – welcome news in markets that have suffered from rising vacancies... 

AfriForum kicks off Project AfriEnergy with solar PV guide

Civil rights organisation AfriForum has launched the first phase of the organisation’s three-phase plan – Project AfriEnergy – to help solve the prevailing electricity crisis in South Africa.   The... 

Technology startup funding up 8% to $6.5bn in 2022

African technology startup investment platform Partech Africa’s recently released Africa technology venture capital report reveals that, despite the global venture capital downturn, the African... 

Kore updates DX project’s metrics

Potash developer Kore Potash has updated the Joint Ore Reserves Committee-compliant mineral resource, ore reserve, prefeasibility study (PFS) information and production target for its 97%-owned DX... 

Perseus exceeds 2022 production guidance

Africa-focussed gold producer Perseus Mining exceeded its 2022 gold production guidance of between 492 850 oz and 517 850 oz, and produced 521 221 oz at an all-in sustaining cost (AISC) of $941/oz.... 

High Court dismisses Mantashe’s firing of NNR communities board member

The Western Cape High Court has declared Mineral Resources and Energy Minister Gwede Mantashe’s decision to dismiss National Nuclear Regulator (NNR) board member responsible for communities Peter... 

Orom-Cross definitive feasibility study assigned to CPC Engineering

Graphite, nickel and copper developer Blencowe Resources has engaged engineering firm CPC Engineering to lead, deliver and sign off on the definitive feasibility study (DFS) for its Orom-Cross... 

Explorer appointed for Kinusi copper prospect

Africa-focused miner and developer Marula Mining has appointed exploration and mining services company Geofields Tanzania to explore for copper at the Kinusi copper project, in Tanzania, starting... 

Airlink to resume Madagascar flights

Southern African airline Airlink plans to restart scheduled services between South Africa and Madagascar from January 30 following an almost three year suspension. The Johannesburg to Antananarivo... 

Botswana Diamonds completes Marsfontein construction

LSE-listed diamond developer and miner Botswana Diamonds has completed construction of its Marsfontein alluvial project, in Limpopo, South Africa, and has started stripping of the overburden... 

AFC closes €150m ten-year loan facility with DEG, Proparco

Infrastructure solutions provider Africa Finance Corporation (AFC) has successfully closed a €150-million ten-year loan facility with European development finance institutions Deutsche... 

Capital achieves revenue growth again, expands its drilling fleet

London-listed mining services company Capital increased its 2022 revenue by 28% year-on-year to $290.3-million, slightly ahead of the upper end of its revised guidance of between $280-million and... 

Godongwana appoints new Ombud Council chairperson, board member

Finance Minister Enoch Godongwana has appointed Silindile Kubheka as chairperson and Lebohang Senne as board member of the Ombud Council, both for a period of three years, effective February 1.... 

GoviEx to sell Mali subsidiary to AEM

Uranium explorer and developer GoviEx Uranium has entered into a $5.5-million agreement with African Energy Metals (AEM) for the latter to acquire all of the issued and outstanding shares of... 

Transparency-boosting Battery Passport proof-of-concept launched at Davos

Multistakeholder organisation the Global Battery Alliance (GBA) launched a proof-of-concept for its Battery Passport at the World Economic Forum’s yearly meeting in Davos, Switzerland, on January... 

High-grade results follow exploration at Yaouré gold mine

Ongoing exploration at gold miner Perseus Mining’s Yaouré gold mine, in Côte d’Ivoire, has returned high-grade results from CMA Northwest and CMA North targets, down dip from the recently announced... 

Galileo buoyed by encouraging prospecting at Shinganda

Diversified explorer and developer Galileo Resources reports that nine angled diamond drill holes, the assaying of which has been completed, at its Zambia-based Shinganda outcrop prospect confirm a... 

UK, Saudi Arabia to deepen critical minerals collaboration

UK Business Secretary Grant Shapps agreed, on January 11, to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, demonstrating the UK government’s ambitions for... 

BlueRock ramps up waste stripping

Aim-listed diamond producer BlueRock Diamonds reports that waste stripping increased in December as mining activities at its Kareevlei diamond mine, in Kimberley, South Africa, returned to normal... 

Buffalo Coal settles R32.58m loan

JSE- and TSX-V-listed South African coal producer Buffalo Coal Corporation settled its outstanding loan facility of R32.58-million with Investec Bank as of January 12, including interest along with... 

Caracal seeking a new chairperson

East African gold producer Caracal Gold reports that its nonexecutive chairperson Simon Thomas has resigned with immediate effect as of January 13. The miner notes that it is in “advanced... 

Liebherr agrees to repay R54m to Transnet in port cranes case

State-owned Transnet and the Special Investigating Unit (SIU) have concluded a settlement agreement with heavy machinery company Liebherr to repay R54-million to Transnet, regarding the award of... 

1.4 MWh battery arrives in Australia for testing on 240 t mining haul truck

Battery and vehicle controller system WAE Technologies has completed and delivered to Australia the largest battery of its kind, ready to be installed in a 240 t prototype zero-emission... 

Research team develops plans to use old mines as power generating plants

An international team of researchers have developed a method to store kinetic energy, which can later be converted to electrical energy, using decommissioned underground mines. The Underground... 

Godongwana says Eskom, crime key disruptors to South Africa’s investment case

Ahead of South Africa’s government delegation traveling to Davos, Switzerland, to take part in the upcoming yearly World Economic Forum, Finance Minister Enoch Godongwana says South Africa’s... 

M&A activity impacted on several fronts in 2022 – HSF

Merger and acquisition (M&A) activity was impacted negatively in the second half of 2022 as a result of several factors, including Russia’s invasion of Ukraine, inflation, interest rate rises and...