Spot metal prices signal sharp earnings upside for major miners in 2026, report shows

Major diversified mining companies are set to accelerate earnings upgrades this year, with current spot metal prices implying about 18% to 21% upside to one-year forward consensus earnings before... 

Mining sector faces strategic shift as AI, critical minerals drive change, report shows

The mining and metals sector is entering a period of profound transformation, with companies needing to balance national security-driven prioritisation of critical minerals and the rapid adoption... 

IDC seeks buyer for its 10.2% stake in Rössing Uranium

The Industrial Development Corporation of South Africa (IDC) has invited potential buyers to submit expressions of interest to acquire its 10.2% equity stake in Rössing Uranium, marking the... 

K148 road construction halted as court interdict sparks appeal over enviro approvals

Construction of the proposed K148 road, in Gauteng, has been halted after NT55 Investments founder Francois Nortjé secured a High Court interdict, with the Gauteng Department of Roads and Transport... 

UD Trucks unveils upgraded 2026 Quester for South Africa

Japanese vehicle manufacturer UD Trucks will introduce a new truck model to the South African market this year. The 2026 heavy-duty Quester is expected to be commercially available through the... 

Sodiam reports sharp rise in Angola polished diamond exports in 2025

Angola’s polished diamond exports more than doubled during 2025, with strong growth in both volumes and total export value despite softer average prices, according to a statement published by... 

Kavango drilling confirms expanded gold system at Bill’s Luck mine

London- and VFEX-listed Kavango Resources’ diamond drilling programme at the Bill’s Luck gold mine, part of the Hillside project, in Zimbabwe, has confirmed a larger and more continuous gold system... 

Thor Explorations advances Douta gold project with strong prefeasibility results

TSX-V- and Aim-listed Thor Explorations has announced the results of the prefeasibility study (PFS) for its Douta gold project in Senegal, confirming a robust, long-life project with strong... 

Botswana Diamonds dabbles in copper with eight new prospecting licences awarded

Aim- and BSE-listed Botswana Diamonds has announced the award of eight prospecting licences covering about 7 000 km2 in north-western Botswana, which could see the company entering the copper and... 

Nersa activates electricity tribunal powers, issues default orders against five municipalities

The National Energy Regulator of South Africa (Nersa) has convened its first tribunal sitting, formally activating its statutory powers to enforce compliance in the electricity sector and issuing... 

Blencowe signs processing LoI to secure non-China graphite purification route

London-listed Blencowe Resources has signed a letter of intent (LOI) with Italian graphite processing company Alkeemia to provide toll beneficiation and purification services for graphite from its... 

Jubilee nonexec director steps down

Copper producer Jubilee Metals has announced that Nicholas Taylor has resigned from his position as nonexecutive director, with immediate effect. Taylor, who was appointed to the board in 2020,... 

Transnet appoints acting TNPA CEO

State-owned logistics company Transnet has appointed Mohammed Abdool as acting Transnet National Ports Authority (TNPA) CEO, effective December 10, 2025, as the search for a permanent head of the... 

Kendrick secures exclusive option over high-grade rare earth licences in Namibia

London-listed Kendrick Resources has entered into a binding and exclusive option agreement to acquire at least a 70% interest in two rare earth exploration licences in southern Namibia, giving the... 

Resolute reports strong fourth-quarter cash flow, confirms Doropo project plans

London-listed gold producer Resolute Mining has reported a stronger December quarter, with higher gold production and prices lifting operating cash flow and net cash, while confirming the Doropo... 

Emmerson arbitration against Morocco enters active procedural phase

London-listed Emmerson has said its arbitration proceedings against the Moroccan government have moved into an active procedural phase, with the tribunal now fully constituted, an initial hearing... 

Govt to require 2% of housing grants to go to innovative building technologies

The Department of Human Settlements (DHS) will require provinces and metropolitan municipalities to allocate at least 2% of their 2026/27 housing grants to innovative building technologies (IBTs),... 

Silver surges as supply deficits, industrial demand drive prices higher – Peel Hunt

Silver is entering this year in the spotlight after prices gained almost 150% in 2025, with tight supply, rising industrial demand and investor activity underpinning sharply higher prices,... 

Consultancy flags geopolitical risk, investment restraint for mining sector in 2026

Geopolitical uncertainty, a slower but irreversible energy transition and continued capital discipline will define conditions in the global metals and mining sector this year, consultancy Wood... 

Lucara seeks TSX hardship exemption to push through C$165m rescue financing

Diamond producer Lucara Diamond Corp has applied to the TSX for a financial hardship exemption that would allow it to complete a deeply dilutive C$165-million private placement without shareholder... 

Kagem agrees to 10% salary increase in 2026/27

Emerald producer Kagem Mining, which is 75% owned by Gemfields and 25% by the Zambian government’s Industrial Development Corporation (IDC), has successfully negotiated the 2026/27 collective... 

Barrick appoints new CFO, senior executive VP

NYSE- and TSX-listed Barrick Mining has announced the appointment of Helen Cai as senior executive VP and CFO. Cai will become CFO on March 1, following the departure of Graham Shuttleworth, who... 

Gold, copper underpin commodities outlook as oil, grains eye recovery

Commodities are entering 2026 on a firmer footing, with gold and copper supported by strong structural drivers and the potential for recovery emerging in oil and grain markets later in the year,... 

Illicit economy is eroding legitimate economy, Mavuso warns

The illicit economy is killing jobs, Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has said, citing the recent announcement by British American Tobacco (BAT) that it will shut its... 

Globeleq appoints new private customer solutions director

Electricity company Globeleq has appointed Alasdair Martin as private customer solutions director, a role positioned at the centre of the independent power company’s strategy to expand... 

Liberty Coal transfers 540 workers as Optimum Colliery prepares 500 new jobs

Coal company Liberty Coal has confirmed that about 540 employees have been transferred to Liberty Mine Services (LMS), following its appointment as the principal independent mining contractor at... 

Prime rate framework defended amid Competition Commission scrutiny

The Banking Association South Africa (BASA) has defended South Africa’s long-standing prime interest rate framework, saying the fixed spread between the South African Reserve Bank (SARB) repurchase... 

Global trade set to slow in 2026 as protectionism, fragmentation intensify, Unctad says

Global trade is expected to continue growing this year but at a slower pace after reaching a record high in 2025, as rising protectionism, geopolitical tensions and tighter regulation reshape trade... 

DLO launches fully sponsored renewable energy skills programme for emerging professionals

Renewable energy company DLO has launched a fully sponsored skills training programme aimed at equipping emerging professionals and entrepreneurs with the technical and financial capabilities... 

SAIA launches national campaign to promote safe, compliant residential solar systems

The South African Insurance Association (SAIA), in collaboration with municipalities, national industry bodies, insurers, financial institutions, fire protection organisations and civil society,... 

Historic waste sites must apply for licences 16 years after Waste Act, law firm advises

Operators of historic waste disposal facilities in South Africa have been called upon to apply for waste management licences (WMLs) for the first time since the National Environmental Management:... 

Centurion Systems anchors gate motor production in South Africa as global demand grows

Security technology manufacturer Centurion Systems has brought previously outsourced manufacturing back from Asia to South Africa, expanded its local factory operations to double night shifts,... 

Rainbow Rare Earths launches final phase pilot plant

LSE-listed Rainbow Rare Earths has started operations at its Johannesburg pilot plant, marking the final phase of process testwork for the Phalaborwa rare earths project in South Africa. The... 

Tharisa reports softer first-quarter output as operational indicators improve, PGM prices remain firm

Integrated resource group Tharisa has reported a softer start to the 2026 financial year, with production for the first quarter, ended December 31, having been affected by seasonal conditions. The... 

South Africa leads Africa’s renewable-energy transition, report shows

South Africa continues to lead Africa’s renewable-energy transition, offering a growing range of investable opportunities in wind, solar, biofuels and green hydrogen, according to the latest Forvis... 

Haranga Resources confirms extensive gold system at project in Senegal

ASX- and FRA-listed Haranga Resources has confirmed the presence of a laterally extensive gold system at its Ibel South gold project, in southeastern Senegal, following the completion of its Phase... 

Outa welcomes court’s decision to set aside driving licence card tender

The Organisation Undoing Tax Abuse (Outa) has welcomed a court ruling setting aside the awarding of a driving licence card machine tender to Idemia following findings of material irregularities in... 

La Mancha trims Endeavour stake, remains long-term shareholder

Gold investor La Mancha Resource Fund has sold a portion of its holding in gold miner Endeavour Mining, reducing its stake while confirming continued long-term support for the company. On January... 

Savannah secures €110m grant for Portugal lithium project

Aim-listed Savannah Resources has been awarded a non-reimbursable grant of up to about €110-million from the Portuguese State to support construction of its Barroso lithium project, in northern... 

Feasibility study confirms economics of Energy Fuels’ Madagascar rare earth project

NYSE- and TSX-listed Energy Fuels’ updated feasibility study (FS) for the Vara Mada project, in Madagascar, has confirmed the project’s strong economics, world-class quantities of high-quality rare...