Jubilee Metals increases its revenue by 5.4% to US$186 million
Jubilee successfully completed its capitalisation and expansion programme and delivered on its targeted production for PGM (41 586 ounces), chrome
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Africa
Endeavour launches construction of Lafigué Project
Abidjan – Endeavour Mining has announced that it launched the construction of its 80%-owned Lafigué Project on the Fetekro property
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Orion commences field trials at the Prieska Copper-Zinc Mine
Orion has commenced a series of field trials for the treatment of mine water at the Prieska Copper-Zinc Mine (PCZM)
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Lualaba Copper Smelter restarts following scheduled maintenance
The Lualaba Copper Smelter, located approximately 50 kilometres from Kamoa-Kakula, completed its scheduled maintenance in early September. The transportation of
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Kamoa Copper has produced more than 240kt copper year-to-date
KOLWEZI, DRC – Ivanhoe Mines announces that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a
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Alphamin’s Q3 tin production and sales exceed guidance
MAURITIUS – Alphamin Resources Corp. a producer of 4% of the world’s mined tin from its high grade operation in
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ARM pleased with the acquisition of the Bokoni Platinum Mine
African Rainbow Minerals reports that its ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million),
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Gemfields more than doubles its profit in six months ending 30 June 2022
Gemfields is certain that its net profit after tax will be USD 56.7 million for the six months ending 30
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ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
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A feasible South African policy solution to the crisis of electricity generation
The electricity crisis in South Africa is self-inflicted. This has become clear from the many costly disruptions in electricity supply
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ARM research to develop energy-efficient smelting technologies progressed
African Rainbow Minerals reports that its iron ore division was negatively impacted by lower average realised US dollar prices, lower
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Pan African will acquire Mogale Gold and MSC in the next month
In November 2020, Pan African Resources announced that the Company had entered into conditional sale of shares agreements to acquire
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Jubilee Metals: Operations and Projects Update for H2 FY2022
In its Operations and Projects Update for H2 FY2022, Jubilee Metals operational earnings totalled £ 24 million (ZAR 480 million)
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AfriTin Mining finishes construction of its Phase 1 Expansion plant
AfriTin, a tin producer in Namibia, has been producing tin from the Uis mine in Namibia since November 2019. The initial Phase 1 processing plant was designed to prove
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Bokoni Mine to employ mechanised mining methods
The acquisition of Bokoni Platinum Mine was completed by African Rainbow Minerals on 12 August 2022. The purchase consideration of
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Northam Platinum: Difficult operational environments at its mines
Notwithstanding the array of challenges faced during the year the year ended 30 June 2022, Northam Platinum operations collectively achieved
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Epiroc to acquire South African mining equipment manufacturer
Stockholm, Sweden – Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has signed an agreement
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Hulamin: Sales volume increased to 103,300 tons, revenue up by 45%
Hulamin says in its interim results for the period ended 30 June 2022 that the year 2022 began with solid
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Harmony Gold: Higher production costs, higher impairment loss
Johannesburg – Harmony Gold Mining Company has advised that basic earnings for FY22 will be lower than for the year
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Higher ferrochrome prices improve Merafe Resources results
Merafe achieved a profit of R925 million for the six months ended 30 June 2022, as a result of higher
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RBR: Extension of notice date for disposal of concentrate agreement
Royal Bafokeng Platinum, through its wholly-owned subsidiary, Royal Bafokeng Resources Proprietary Limited (“RBR”), is party to a Disposal of Concentrate
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Transnet continues to ruin the SA mining industry
On 14 April 2022, Thungela issued an announcement on SENS and RNS informing the market that Transnet SOC Ltd, acting
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NORTHAM PLATINUM: margin pressures and lower 4E metal prices
Johannesburg – As published on 20 September 2021, Northam Holdings was introduced as the new holding company for the group.
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DRDGOLD slightly exceeds production guidance for the year ended 30 June 2022
DRDGOLD’s production guidance for the Current Reporting Period was between 160 000 and 180 000 ounces of gold at a
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Eastern Platinum reports results for the second quarter of 2022
Vancouver, British Columbia – Eastern Platinum has reported that revenue for Q2 2022 increased to $20.5 million (Q2 2021 –
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iGAS and CMG acquire 30% of the Rompco Pipeline from Sasol
Johannesburg – iGAS, a subsidiary of the Central Energy Fund (CEF), and Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of
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It’s time to end Eskom’s monopoly
In 2022 alone, we have had a combined 673 hours of loadshedding (at time of writing); that is 28 days
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Hummingbird produces 20koz of gold in Mali in Q2
Hummingbird Resources has announced that in Q2 2022, its gold production increased 29% to 20,013oz from Q1 2022, with improved
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Jubilee Metals: Investment in SA and Zambia has reshaped the company
Jubilee Metals Group PLC, a diversified leader in metals processing with operations in Africa, has announced that its key achievement
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Thungela: Marginalised coal brings excellent returns
Coal miner Thungela is a bit of a pun, really. Anglo American gave the business away to its shareholders at
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