Tharisa to acquire 90% shareholding in Salene Chrome Zimbabwe
PAPHOS, Cyprus – Tharisa has advised that it had acquired an option to acquire a 90% shareholding in Salene Chrome
Read more
Africa
Lucara recovers 341-carat top white gem diamond in Botswana
VANCOUVER, BC – Lucara Diamond Corp. has announced the recovery of an unbroken 341 carat top white gem quality diamond
Read more
Glencore sells its stake in Mopani copper
BAAR, Switzerland – Glencore has announced that its subsidiary Carlisa Investments Corp., in which Glencore holds 81.2% of the shares,
Read more
Vedanta Zinc’s Gamsberg back in production
SANDTON, South Africa – according to Vedanta Zinc International, mining oprations have restarted at its subsidiary, Gamsberg mine, following a
Read more
Eastplats stabilizes production and increases PGM capacity
VANCOUVER, British Columbia, Canada – Eastern Platinum Limited (Eastplats) has reported that its subsidiary, Barplats Mines in South Africa, has
Read more
Eskom proves once again it’s unable to provide stable electricity
“We are currently LOAD SHEDDING in STAGE 2 due to high demand or urgent maintenance being performed at certain power
Read more
Jubilee Metals: Further Record Growth Achieved
Jubilee’s operational growth during H2 2020 exceeded expectations despite the challenges of the COVID-19 pandemic. During H2 2020, the Company
Read more
AngloGold Ashanti sells its stake in Mali gold mine
AngloGold Ashanti Limited has reported that together with its joint venture partner IAMGOLD Corporation, have completed the sale of their
Read more
Merafe Resources’ ferrochrome production decreases by 8%
SANDTON – In its production report for the quarter and year ended 31 December 2020, Merafe Resources says its attributable
Read more
Tharisa shows solid performance amid strong PGM market
CYPRUS – Tharisa, the leading integrated platinum and chrome producer with operations in South Africa, has announced another strong quarter
Read more
AMSA’s Vanderbijlpark Works restarts second blast furnace
ArcelorMittal South Africa’s Vanderbijlpark works has returned to full production, weeks ahead of a planned restart due to an upsurge
Read more
Alphamin exceeds guidance and achieves record production
MAURITIUS – Alphamin Resources, a producer of 4% of the world’s mined tin from its high grade operation in the
Read more
AVZ Signs First Lithium Offtake Agreement with GFL International
AVZ Minerals Limited has secured a strategic, long-term offtake partner with GFL International Co., a subsidiary of China’s largest lithium
Read more
SA Government fails country’s economy and its citizens dismally
Government’s first duty is to protect the rights of citizens. Instead, ours has prioritised yet another bailout of R10.5 billion
Read more
Eastern Platinum reports first delivery of PGM concentrate
Vancouver, British Columbia – Eastern Platinum (Eastplats) has reported that during December 2020 its subsidiary, Barplats Mines, delivered its first
Read more
Anglogold: Development of ore reserves key to long-term success
The development of Ore Reserves is key to the long-term success and sustainability of AngloGold Ashanti, and the company is
Read more
Posco to acquire stake in graphite project in Tanzania
Posco, South Korea’s biggest steel producer, is set to acquire a 15 percent stake in Australian graphite developer Black Rock
Read more
AngloGold Ashanti is on track to meet cost and production guidance
JOHANNESBURG – AngloGold Ashanti Interim Chief Executive Officer Christine Ramon has affirmed that the Company is on track to meet
Read more
Exxaro fails to sell its stake in Black Mountain
Exxaro, the diversified South African-based resources group , previously concluded that zinc mining was not strategically aligned to the group’s
Read more
Gemfields holds sufficient gemstone inventory for 3 auctions
Gemfields presently holds sufficient rough gemstone inventory to be able to host one auction of each of (i) mixed quality
Read more
Endeavour increases its stake in the Fetekro gold project
ABIDJAN – Endeavour Mining has announced that it has increased its stake in the Fetekro Project in Côte d’Ivoire, ahead
Read more
South32 divests from South Africa Energy Coal
PERTH, WA, AUSTRALIA – South32 today welcomed the decision by the Competition Tribunal of South Africa to approve the sale
Read more
Perseus pours first gold at Yaouré ahead of schedule
Perseus Mining has advised it has successfully completed the first pour of gold at its Yaouré Gold Mine in Côte
Read more
South32 divests from coal and gets smelter energy supply
South32 Limited advises that the Competition Tribunal of South Africa has completed its hearing to consider the proposed sale of
Read more
PPC African operations showed healthy revenue growth
In Rwanda, CIMERWA continues to benefit from robust cement demand, driven by large infrastructure projects, growth in the retail market,
Read more
Sasol divests from gas-to-power plant in Mozambique
JOHANNESBURG – Sasol has announced that a sale securities purchase agreement has been signed with Azura Power Limited for the
Read more
Evander gold mines to build solar photovoltaic plant
Pan African has announced that it has entered into an engineering, procurement and construction agreement with juwi South Africa to
Read more
PPC reports positive cement demand momentum Zimbabwe
Although trading conditions in Zimbabwe were characterised by a challenging economic environment and the impact of COVID-19 related lockdown restrictions,
Read more
Egypt to restart liquefied natural gas plant in Damietta
Eni has signed a series of agreements with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, the Egyptian
Read more
Pan African announces production guidance and management changes
The Pan African Group expects to produce approximately 97,000oz for the six months ending 31 December 2020, and is on
Read more