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... 

Mining production slipped 7.2% y/y in 2022

South Africa’s total mining production contracted by 7.2% year-on-year in 2022, following growth of 11.6% year-on-year in 2021 and a contraction of 10.4% year-on-year in 2020, reports Statistics... 

Ireland, Austria join AfDB’s Africa Climate Change Fund with €3m contribution

Ireland and Austria have joined the African Development Bank’s (AfDB’s) Africa Climate Change Fund (ACCF) with contributions of €2-million and €1-million, respectively, to support the fund’s work.... 

Steinmüller Africa celebrates 60 years of growing its African business

Steam generation and high-pressure piping solutions company Steinmüller Africa celebrated 60 years of business in Africa on November 7, 2022. The company started its presence in South Africa in... 

MSA Group to establish Saudi Arabia office to meet soaring consultancy demand

With the opening up of the mining regulatory and investment sectors in Saudi Arabia, exploration and mining consultancy MSA Group, together with joint venture (JV) partner Saudi Arabian company the... 

Edenville stockpiles Rukwa run-of-mine coal to mitigate rain’s impact on production

Aim-listed coal developer Edenville Energy, which is being impacted by heavy rainfall at its Rukwa coal project, in Tanzania, is taking steps to stockpile run-of-mine (RoM) coal to mitigate, as far... 

Govt of Guinea appoints Egis as technical adviser for Simandou project

Consulting, engineering, construction and mobility services company Egis has received the signature of a contract with the government of Guinea to act as technical adviser for the construction of... 

Afrimat Nkomati Anthracite opens newly renovated, extended Steenbok Clinic

Completed in January, the newly renovated and extended Steenbok Clinic, in Steenbok, Mpumalanga, was recently opened to the public following a partnership to renew it by JSE-listed industrial... 

Unique investment opportunities in South Africa, despite challenges

Despite several ongoing challenges, South Africa has untapped potential and investment opportunities, Brand South Africa (SA) research GM Shamiso Hlatshwayo has said. Speaking to Creamer Media at... 

World Coal Association adds Menar to its ranks

Coal industry member advocacy and think tank the World Coal Association (WCA) welcomed South African coal miner Menar to its roster of progressive coal members on February 7. On the sidelines of... 

Manufacturing excellence key to doing business in modern times – PwC

Professional services firm PwC reports that South Africa’s manufacturing industry has to keep evolving to remain competitive in the face of global competition through implementing what it calls... 

Attacq appoints new nonexecutive directors

JSE-listed real estate investment trust Attacq has appointed Fikile de Buck and Dr Gustav Rohde as nonexecutive directors, effective February 1. De Buck, with over 23 years of executive-level... 

Etihad Cargo, Astral Aviation sign MoU to boost Africa-UAE logistics

The cargo and logistics division of Etihad Airways, Etihad Cargo, has signed a memorandum of understanding (MoU) with Astral Aviation to expand the partnership between the two parties and enhance... 

Arc, Anglo American extend date for Zambia project JV

Africa-focussed base metals junior explorer Arc Minerals and diversified miner Anglo American have agreed to extend an exclusivity agreement in terms of which the latter wants to buy up to a 70%... 

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...