Alt Resources buys gold tenements from Latitude

ASX-listed Alt Resources has entered into a binding heads of agreement (HoA) with fellow-listed Latitude Consolidated to acquire a significant exploration tenement in the Mt Ida district, Western... 

Avanco takes option on Vale’s Pantera copper project

ASX-listed Avanco has agreed terms for an option to acquire 100% of the Pantera copper project from Brazilian major Vale, with a payment of $500 000 paid upon signing. Located near Avanco’s... 

Montezuma moves to scoping study as manganese test results exceed expectations

Test work carried out last year on the hydrometallurgical processing of ores from the ASX-listed Montezuma’s 100%-owned Butcherbird manganese project, in Western Australia, has triggered the... 

Australian LNG exports surge on strong Chinese demand

Australian liquefied natural gas (LNG) exports hit 56.8-million tonnes last year, jumping 26.3% from 44.9-million in 2016, owing to a watershed year of exports to China. Combined with higher oil... 

Acwa Power buys into blockchain currency

Power generation technology developer Acwa Power has adopted SolarCoin – the global reward programme for solar electricity generation – marking the first time a utility-scale generator joins the... 

GMEL looking to simplify refining at Kvanefjeld rare earths project

A technical optimisation programme, currently being undertaken at the Kvanefjeld project, in Greenland, has identified significant improvements at the project, Greenland Minerals and Energy (GMEL)... 

Bernard Olivier appointed as Mustang MD

ASX-listed Mustang Resources has appointed' Dr Bernard Olivier to its board as MD, and has created a new position of COO, which is filled by Cobus van Wyk. Olivier has stepped into the position... 

DTI invites black industrialists on Mozambique trade mission

The Department of Trade and Industry (DTI) has invited black industrialists to apply for participation in a trade mission to Mozambique from March 5 to 9. The mission forms part of the... 

Aggreko 28 MW HFO plant comes online in Madagascar

Electricity solutions provider Aggreko has started to supply stable power in Madagascar, using 28 MW of its heavy fuel oil- (HFO-) generated energy from its Noor 2 turbine, running alongside its... 

Enviro Loo lauded for contribution to water saving in South Africa

With South Africans facing uncertainty around future water supply, particularly in the drought-stricken Western Cape, a local toilet manufacturer has received the 2017 Southern African Company of... 

Seifsa warns US antidumping duties could hurt local steel industry

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is worried about the potential impact on the local steel industry of the US Department of Commerce’s (DoC’s) affirmative... 

Avocet defers sale of Burkina Faso operations at buyer’s request

Aim-listed Avocet has deferred the completion of the $5-million sale of its Resolute operations in Burkina Faso, to Ghana-based Balaji Group, to January 25. The struggling miner set the sale in... 

Monty copper/gold development on time, below budget

The Monty copper/gold deposit in Western Australia, which forms part of ASX-listed Talisman’s Springfield joint venture (JV) project with Sandfire Resources, has since the start of ground-breaking... 

WISP, Sarebi embark on Western Cape waste recycling programme

The Western Cape Industrial Symbiosis Programme (WISP) is recruiting candidates for an enterprise development programme that will result in the establishment of businesses in the province to make... 

Stavely signs earn-in, JV deal for copper tenement

ASX-listed Stavely Minerals has agreed terms for an earn-in and joint venture (JV) agreement with Black Range Metals – a wholly-owned subsidiary of ASX-listed Navarre Minerals for Black Range’s... 

Environmental dept aims to boost recycling, waste management through enterprise support

The Department of Environmental Affairs (DEA) has opened a request for proposals to receive comprehensive business plans and project proposals from start-up or emerging waste management and... 

DSV ByBox hits the 20 000 parcel mark

A partnership between South African oil and gas company Engen and logistics group DSV Global Transport and Logistics, which has seen the placement of automated parcel lockers known as DSV ByBoxes... 

Gold set to gain from retail, geopolitical risks, hedging

The gold price is expected to increase in the year ahead, driven by stronger interest from Asian retail investors and consistent interest in global gold exchange-traded funds, according to research... 

Protestor killed during community uprising at RBPlat’s North shaft

Royal Bafokeng Platinum (RBPlat) on Thursday said a person was killed after a group of more than 100 protestors – including former employees and unknown persons – attempted to gain unlawful access... 

Dell to recycle gold from e-waste for use in new motherboards, jewellery

Technology company Dell is piloting a project to recover gold from used electronics for use in new computer motherboards and jewellery. Dell has partnered with Wistron GreenTech, which uses an... 

Cora Gold to continue drilling at Mali projects

West Africa-focused gold exploration company Cora Gold has completed Stage 1 of its reconnaissance drilling programme at the company’s flagship Sanankoro gold discovery, in southern Mali. CEO Dr... 

Dragon updates mineral resources for Nordic mines

ASX-listed Dragon Mining has updated its mineral resources for its Nordic projects, returning a combined total mineral resource of 13.6-million tonnes, grading 3. 3 g/t gold for 1.43-million... 

Troy delivers highest production since March 2016 quarter

ASX-listed Troy Resources produced 6 224 oz of gold during December 2017, bringing the company’s quarterly production to 16 109 oz, Not only was this a 17% month-on-month increase, but it was also... 

Pantoro reports 44% y/y production increase

During the three months ended December, ASX-listed gold miner Pantoro produced a record 13 841 oz, compared with 13 282 oz in the previous quarter and 9 598 oz in the same period in the prior year.... 

Potash sampling confirms Carnegie potential

Brine analysis results for an initial auger sampling programme completed at the Carnegie Potash Project (CPP), owned by Kalium Lakes Limited (KLL) and BCI Minerals (BCI), through their Carnegie... 

Industry heavyweights praise State capture inquiry head appointment

South African business and industry on Wednesday lauded the appointment of Deputy Chief Justice Raymond Zondo to head the commission of inquiry into State capture. This followed President Jacob... 

Business seems more confident as political developments change landscape

Business sentiment in South Africa showed yet another month-on-month improvement, with the South African Chamber of Commerce and Industry (Sacci) reporting a 1.3 index point uptick in its Business... 

BCI Minerals signs MoU with Sinosteel to develop Buckland

Australian iron-ore miner BCI Minerals has signed a non-binding memorandum of understanding (MoU) with Sinosteel Australia to support the development of BCI's 100%-owned Buckland project in the... 

SCA postpones silicosis class action hearing

The ongoing silicosis and tuberculosis class action litigation against South African gold miners has been postponed, following a request by representative attorneys to the registrar at the Supreme... 

Burkina Faso project acquisition opens multi-metal opportunity – Pegasus

ASX-listed Pegasus Metals on Wednesday announced that it would buy Scorpion Minerals, which holds the rights to acquire up to a 70% joint venture (JV) interest in the Dablo... 

Plymouth advances feasibility study at San Jose

After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To... 

Stellar finds ‘attractive’ bolt-on for Heemskirk tin project

Exploration and development company Stellar Resources has added to its portfolio of Tasmanian tin properties with the recent grant of an exploration licence at the Mount Razorback prospect. The... 

Rustenburg Water Trust opens tenders for Bospoort treatment works expansion

The Rustenburg Water Services Trust has invited companies to tender for the mechanical and electrical works for the upgrade of the Bospoort Water Treatment Works (WTW). As implementing agent for... 

CMTI Group gears up to supply gold, platinum mines

Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to... 

Talisman Mining expands NSW landholding

ASX-listed Talisman Mining on Tuesday said it would expand its landholding in the prospective Lachlan fold belt of New South Wales through a farm-in agreement with private company Bacchus Resources... 

St Barbara ups full-year guidance on solid half-year performance

ASX-listed gold miner St Barbara has updated its 2018 production guidance from between 350 000 oz and 375 000 oz, to between 365 000 oz and 385 000 oz following production of 197 768 oz in the... 

Ivanhoe’s DRC copper mines connected to grid as hydropower plant is upgraded

TSX-listed miner Ivanhoe Mines on Monday said its Kakula mine development site, 10 km south of Kamoa’s initial Kansoko mine site, in the Democratic Republic of Congo (DRC), started receiving power... 

Construction industry making progress with deals to transform the sector

In a move that will see local construction companies further honour their agreements with government to ensure  inclusivity for black contractors in the South African construction sector, the... 

DevEx seeks to raise project development funds

Exploration firm DevEx Resources on Monday announced a one-for-two non-renounceable rights issue to raise up to $2.84-million for its lithium and copper/gold projects. The company said it planned... 

Mustang secures A$19.95m from US investor for Mozambique mines

ASX-listed Mustang Resources has secured A$19.95-million in funding from US institutional investor Arena Investors and announced a rights issue to further advance its projects in Mozambique. Arena...