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Sabrina Jardim is a Creamer Media Online Writer for Engineering News and Mining Weekly.
Hummingbird warns of delay in achieving commercial production at Kouroussa
Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to...
Kodal enters into agreement to terminate Suay Chin right of first refusal
Mineral exploration and development company Kodal has entered into an agreement with Kodal Mining UK (KMUK), Hainan Mining and Suay Chin International to terminate the right of first refusal (ROFR)...
PhD research uncovers invisible gold resource
Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the...
Indigenous resources must benefit South African communities, says Ramaphosa
With a global emphasis on sustainability and the effects of climate change becoming more apparent, President Cyril Ramaphosa described the sustainable use of biodiversity as the “pillar of rural...
Creecy stresses importance of protecting the environment while growing the biodiversity economy
Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the...
Venture capital investments decline amid sociopolitical, economic uncertainties
Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant...
Grizzly emerald auction generates $19m in sales
Emerald producer Grizzly Mining’s latest international emerald auction, in Dubai, of medium- to high-grade rough emeralds recovered from its flagship Grizzly emerald mine, in Zambia, generated...
Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes
Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean...
Burkina Faso Council of Ministers recommends approval for Toega mining permit
The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with...
Atlas Lithium appoints Brian Talbot as COO
Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This...
First Class Metals seeks to acquire Quinlan lithium property
LSE-listed metals exploration company First Class Metals (FCM) has signed an agreement with exploration company Broken Rock Resources (BRR), giving FCM the right to earn 100% of the highly...
Busa deputy CEO to take top job in 2025
Business organisation Business Unity South Africa’s (Busa’s) board has appointed Khulekani Mathe to take over as CEO in January 2025 when Cas Coovadia retires. Mathe was appointed deputy CEO in...
Tribunal says it confirms settlement agreement with furniture removal companies
The Competition Tribunal reports that furniture removal companies Stuttafords Van Lines and Pickfords Removals SA have admitted to involvement in a furniture removal cartel and agreed to pay an...
TNPA boosts energy hub status in the Port of Richards Bay
State-owned Transnet National Port Authority’s (TNPA’s) Port of Richards Bay is set to become a key hub for energy trade through the provision of bulk infrastructure to two sites located at the...
Hummingbird, Corica in dispute over Kouroussa contract
Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due...
Fintech startup secures funding from Standard Bank
Financial services firm Standard Bank has provided an $11-million facility to financial technology (fintech) startup company Float which will use the funds for the ongoing rollout of its...
Zambezi river flow recedes amid reduced rainfall, El Niño
The river flows at Chavuma gauging station, the first gauging station located in the North-Western province of Zambia and which measures river flows as the Zambezi river enters Zambia from Angola,...
Defy launches solar-powered off-grid fridge, freezer range
Amid the compounding effects of loadshedding in South Africa and increasing concerns about climate change, appliance manufacturer Defy Appliances has launched its Solar Off-Grid fridge and freezer...
Mining operations at Hummingbird’s Kouroussa mine temporarily suspended
The principal contract miner at Aim-listed Hummingbird’s Kouroussa gold mine, in Guinea has temporarily suspended mining operations as of March 17 as a result of various contractual disputes....
Lulo alluvial resource increases carats by 48%
After accounting for mining depletion of 30 585 ct during the 2023 calendar year, ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have reported that alluvial...
Cape Town MPT records 43% volume increase in agri-bulk
The Cape Town Multi-Purpose Terminal (MPT) has increased volume throughput in the agricultural bulk sector by 43% in the year-to-date. In January, the terminal handled 25 704 t of agricultural bulk...
Recycling initiative prioritises sustainability, promotes economic growth
Manufacturer Ardagh Glass Packaging’s money4glass initiative – launched in July 2023 – has yielded positive results. From August 2023 to January this year, the company’s glass recycling depot at...
Thirty-one countries to start trading under AfCFTA Agreement this year
Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end of the year, South...
OR Tambo SEZ poised to deliver economic development, employment opportunities
The OR Tambo Special Economic Zone (SEZ) aims to promote economic development, job creation and growth through the government’s SEZ programme and is a flagship programme for developments in...
Economic and geopolitical uncertainty supporting strong gold demand and prices
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Economic and geopolitical uncertainty supporting strong gold demand and prices
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Ceta invests R180m in training initiatives
The Construction Education and Training Authority (Ceta) has allocated about R180-million to fund various training initiatives, which is set to benefit 2 267 learners across all nine provinces....
Rwenzori successfully produces first quantities of mixed rare earth carbonate
Ugandan operating entity Rwenzori Rare Metals (RRM), owner of the Makuutu heavy rare earths project, has successfully produced first quantities of mixed rare earth carbonate (MREC) at its newly...
Growthpoint says high interest rates will dent its full-year distributable income
Given the impact of high interest rates across its local and international businesses, JSE-listed Growthpoint Properties expects its distributable income per share (DIPS) to decline by 10% to 12%...
Tharisa launches its Redox One energy storage business
Integrated resource group Tharisa has launched its Redox One business, which develops long-term energy storage solutions that incorporate the raw materials produced by Tharisa. The company says its...
Tiris drilling results demonstrate resource growth potential – Aura
Radiometric results from the first 1 612 air core drill holes at ASX- and Aim-listed Aura Energy’s Tiris uranium project, in Mauritania, has demonstrated significant resource growth potential...
Critical Metals appoints Gordon Thompson as nonexecutive director
Mining company Critical Metals, which is developing the Molulu copper/cobalt mine, in the Democratic Republic of the Congo (DRC), has appointed Gordon Thompson as nonexecutive director and...
Clover recalls some peanut butter products, NCC investigates
Following numerous tests that revealed higher than acceptable levels of aflatoxin, food and beverage company Clover has recalled 10 776 units of its Go Nuts Peanut Butter 400 g. The recall by...
Ministerial committee upholds referral of environmental approval
Morocco-focussed potash development company Emmerson has announced that the Commission Ministérielle de Pilotage has upheld the company's referral of environmental approval and has asked that the...
TNPA invests in road rehabilitation project at Port of Durban
The intensified pressure posed by an influx of trucks on the Port of Durban’s road infrastructure has prompted State-owned utility Transnet National Ports Authority (TNPA) to invest R233-million on...
BME to start local manufacturing of blasting technology in Western Australia
Having actively built its foundation in the Australian mining market over the past decade, global blasting and explosives specialist BME is ramping up its footprint and capability with facilities...
MC Mining receives off-market cash takeover proposal
Coal miner MC Mining’s share price on the JSE rose by more than 6% on March 8, after announced that it had received a letter from fellow coal miner Vulcan Resources outlining a non-binding proposal...
Circular economies can foster inclusivity in Africa, address social challenges – IWMI
Through resource efficiency, circular design, water reuse, repair and recycling, African nations can customise their economic systems to maximise social benefits and sustainability, the...
Patel meets with EV manufacturers, investors during visit to China
Trade, Industry and Competition Minister Ebrahim Patel and a high-level delegation recently completed a four-day working visit to Shanghai, Nanjing and Beijing, in China, during which they met with...
Petra urges discipline among diamond producers to ensure balanced inventory levels
Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term...
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