Petrol, diesel prices to decrease

Mineral and Petroleum Resources Minister Gwede Mantashe has confirmed that the price of petrol will decrease by 7c a litre from March 5, while diesel prices will decrease by between 17.5c and 23.5c... 

Defense Metals secures funding from CMIF for its Wicheeda REE project

TSX-V-listed Defense Metals has secured a conditional C$853 825 from Natural Resources Canada’s (NRCan’s) Critical Minerals Infrastructure Fund (CMIF) to advance infrastructure development at its... 

South Africa's GDP grew by 0.6% in the fourth quarter

South Africa’s GDP increased by 0.6% in the fourth quarter of 2024, following a decrease of 0.1% in the third quarter of the year. The agriculture, forestry and fishing industry increased by 17.2%,... 

Newmont completes more asset sales, remaining transactions before mid-year

Gold major Newmont has completed the sale of three noncore assets as part of its ongoing portfolio optimisation strategy. The company on Monday announced the successful divestment of the... 

MTN South Africa appoints chief wholesale officer

MTN South Africa has appointed Pushkar Gokhale as chief wholesale officer, effective August 1, tasked with advancing MTN's strategy to become the “network of choice” for the wholesale market. He is... 

Canada Nickel signs landmark agreement with First Nations for Crawford project

TSX-V-listed Canada Nickel Company has signed a significant agreement with the Mattagami, Matachewan, and Flying Post First Nations, members of the Wabun Tribal Council, to advance the Crawford... 

Canada invest C$5m in mining innovation

The Canadian government has announced a C$5-million investment in the Centre for Excellence in Mining Innovation Inc (CEMI) to support the Mining Innovation Commercialisation Accelerator (MICA)... 

Final toll milling agreement signed for Jeffreys Find

ASX-listed Auric Mining reported on Monday that its joint venture (JV) partner, BML Ventures, had executed a toll processing agreement with Focus Minerals to process the final 60 000 t of ore from... 

Moab secures A$500k for Tanzanian uranium exploration

ASX-listed Moab Minerals has secured a firm commitment from European Lithium to raise A$500 000 through a share placement, supporting its exploration activities at the Manyoni uranium project in... 

Mining input costs up 3.8% y/y in January – Minerals Council

The Minerals Council South Africa’s mining input cost index saw a moderate increase of 3.8% year-on-year for January, up from a revised 3% in December. "This aligns with the overall trend in... 

Lucara appoints new director

Lucara Diamond Corp, which owns and operates the Karowe diamond mine, in Botswana, has appointed Melissa Harmon to its board of directors. "We are delighted to welcome Melissa to the Lucara board.... 

Tungsten miner Almonty shareholders approve move to US

Tungsten mining company Almonty Industries has secured shareholder approval to shift its corporate domicile from Canada to Delaware, a move that the company said would enhance its strategic... 

Magna completes acquisition of Sudbury copper assets

TSX-V-listed Magna Mining has completed its acquisition of a portfolio of base metals assets in the Sudbury basin from an affiliate of KGHM International, including the producing McCreedy West... 

Laramide expands Westmoreland uranium resource in Qld

Toronto-headquartered uranium developer Laramide has increased the mineral resource estimate (MRE) for its Westmoreland project in north-west Queensland, reporting a 34% increase in indicated... 

Vital expands Canada project scoping study to include niobium

Australia-listed exploration company Vital Metals has announced that it will complete further testwork to determine the viability of niobium recovery from its Tardiff deposit in Canada’s Northwest... 

SSR seeks voluntary ASX delisting

Denver-based SSR Mining on Monday announced that it would delist from the ASX, citing infrequent and low trade volumes compared with that of the Nasdaq and TSX. The company explained that the... 

Rox strengthens board for development

West Australian gold explorer and developer Rox Resources on Friday announced several board changes as the company adjusts its skillset to develop the Youanmi gold project, in Western Australia.... 

Rumble moves Western Queen gold project towards development

ASX-listed Rumble Resources is making progress advancing its Western Queen gold project in Western Australia, entering into an indicative non-binding term sheet with Bain Global Resources (Bain)... 

Kingrose-BHP alliance buys Finnish project from Rio Tinto

Australia-listed Kingrose Mining on Friday announced the acquisition of the Jakon nickel/copper/cobalt project in Finland from Rio Tinto Exploration, strengthening its presence in the European... 

Thungela completes buyout of Ensham stake

All conditions precedent to Johannesburg- and London-listed Thungela Resources' buyout of the final 15% interest in the Ensham business, in Australia, for A$48-million, have been fulfilled.... 

Orion to publish results of Okiep, Prieska studies in March

ASX- and JSE-listed Orion Minerals has informed shareholders that the independent reviews of the definitive feasibility studies (DFSs) for both the New Okiep Mining (NOM) Flat Mines project and the... 

Merafe warns of lower HEPS amid drop in ferrochrome sales volumes, weaker prices

Chrome miner and ferrochrome producer Merafe Resources expects to report a 19% to 39% decrease in headline earnings per share (HEPS) to between 36.9c and 48.9c for the year ended December 31,... 

BC mineral exploration spending declines as projects mature

Mineral exploration spending in British Columbia declined by 14% in 2024, dropping to C$643-million from the previous year, as several flagship projects matured into the development phase,... 

Washington’s trade moves strengthen American Pacific’s copper play

With the US metals market roiled by new policy and trade shifts, American Pacific Mining finds itself in a strategically advantageous position. The Vancouver-based company, which owns copper assets... 

Metals and engineering industry taking strain

Engineering News editor Terence Creamer discusses the challenges facing the South African metals and engineering sector, as highlighted in a new report by the Steel and Engineering Industries... 

Jobin Joejoe

This week we profile Jobin Joejoe, MD for the Middle East and Africa at consumer electronics group Sony 

Ecora enters into $50m copper stream agreement over Zambia project

Critical minerals-focused royalty company Ecora has entered into a $50-million copper stream with Moxico Resources over its Mimbula mine, in Zambia, covering the mine's existing reserve-based... 

First Atlantic Nickel share price soars on new discovery at Super Gulp

The share price of First Atlantic Nickel surged 30% to C$0.32 a share on Wednesday following the announcement of a significant nickel discovery at its Super Gulp Zone in Newfoundland. The company’s... 

Liberty Gold files draft mine plan for Black Pine

US-focused Liberty Gold has reached key permitting milestones for its flagship Black Pine oxide gold project in Idaho, with the submission of the draft mine plan of operations and the execution of... 

Western acquires new processing infrastructure near Sunday Mine complex

US-focused Western Uranium and Vanadium on Wednesday reported that it had acquired new mineral processing infrastructure, located about 40 km from its Sunday Mine complex in Colorado. The company... 

Higher gold price, consistent production drive up Harmony's interim earnings

JSE-listed mining and exploration company Harmony Gold Mining Company expects to report an increase of up to 42% in its earnings per share (EPS) and headline earnings per share (HEPS), in rand... 

Rio Tinto trials renewable diesel in Pilbara operations

Mining giant Rio Tinto has successfully completed its first renewable diesel trial across its Pilbara iron-ore operations, marking a milestone in its efforts to cut emissions and integrate... 

Subsea cables need more protection as connectivity demand expands

As demand for connectivity surges, there is a need to strengthen the resilience of subsea cables – and to reconsider how this critical infrastructure is protected. Satellites and wireless networks... 

Electra Battery Materials appoints new board member

Nasdaq- and TSX-V-listed Electra Battery Materials has appointed Alden Greenhouse to the board of directors. Greenhouse is currently the VP of critical and strategic minerals for mining company... 

Loadshedding suspended following recovery of generation capacity

Power utility Eskom suspended loadshedding at 05:00 on February 26, following the recovery of generation capacity and the replenishment of emergency reserves. “We maintain our guidance that... 

Infini expands Canada uranium footprint

Australia-listed Infini Resources on Tuesday announced the acquisition of two new uranium projects in Canada's Athabasca basin, a region known for its high-grade uranium deposits. Under the terms... 

Jindalee sells stake in Dynamic Metals for A$2.75m

Lithium-focused Jindalee Lithium has sold its shareholding in ASX-listed Dynamic Metals raising A$2.75-million before costs. The transaction aligns with Jindalee’s strategy to advance its McDermitt... 

Fatal accident reported at Fortuna’s Séguéla mine

A fatal accident has occurred at Fortuna Mining's Séguéla gold mine in Côte d’Ivoire, the NYSE- and TSX-listed company reported on Tuesday. The incident took place on Monday at the contractor’s... 

OceanaGold reports high-grade gold discoveries at Haile

Toronto-listed OceanaGold has reported promising results from exploration and resource conversion drilling at the Haile gold mine in the US, highlighting high-grade gold intercepts at both the... 

FPX Nickel unveils scoping study for N American nickel sulphate refinery

Vancouver-based FPX Nickel has released a scoping study confirming the economic and strategic viability of a standalone nickel refinery in British Columbia, which would be North America’s largest...