BMI revises lithium price forecast upwards amid tightening supply

Research firm BMI – a Fitch Solutions Company – is revising up its average lithium price forecast for this year to $17 000/t for Mainland Chinese lithium carbonate 99.5% and $16 700/t for Mainland... 

TNPA appoints Abdool as CE

Mohammed Abdool has been appointed the CE of Transnet National Ports Authority (TNPA), effective May 1. He brings over 29 years of professional experience in financial leadership, governance and... 

Panellists discuss the progress made in rail reform and possible future actions

As South Africa’s freight system sits at a critical crossroads, with logistics costs estimated at between 11% and 12%, inefficiencies no longer just pose operational challenges, but create a direct... 

Turner & Townsend appoints new Africa MD following Profica acquisition

Global professional services company Turner & Townsend has completed its strategic acquisition of Profica, a Johannesburg-headquartered consultancy specialising in real estate project management... 

How mining companies are innovating to address sustainable tailings management

As South African mining companies face environmental and legacy issues brought about by the country’s long and complex mining history, it is becoming increasingly important to adopt responsible... 

SRK Consulting opens new practice in Zambia

As the Zambian government renews its commitment to accelerating copper production and exploration for other minerals in the country, such as gold, iron-ore, lithium, nickel and cobalt,... 

BME’s AXXIS Titanium system demonstrates high-quality innovation for African mines

As African mines commonly operate in harsh conditions that increase the risk of system failure and safety incidents, innovative explosives management systems and adherence to demanding safety... 

How mining companies are innovating to address sustainable tailings management

As South African mining companies face environmental and legacy issues brought about by the country’s long and complex mining history, it is becoming increasingly important to adopt responsible... 

Resolute on track to meet full-year guidance

ASX-listed Resolute Mining has reported a positive start to this year at both its operations in Senegal and Mali, as well as at its development and exploration projects. In its report for the... 

Resolution Minerals to raise A$20m to accelerate US critical minerals strategy

ASX-listed Resolution Minerals has received firm commitments to raise about A$20-million, before costs, through a two-tranche placement of shares to institutional and sophisticated investors at... 

Cambria Gold Mines announces expansion of claim package at US deposit

TSX-V-listed Cambria Gold Mines has completed the additional claim staking at the Mt Margaret copper/gold porphyry deposit near Randle, Washington, in the US. The new staking consists of about 7... 

Perseus reports strong operational performance

ASX- and TSX-listed Perseus Mining has reported a strong operational performance for the quarter ended March 31, which resulted in a cash and bullion balance of $817-million. Perseus reports that... 

Operation Vulindlela reforms progressing despite challenging global economic environment

As Operation Vulindlela continues to move forward, the latest dashboard indicates that 67% of the reform progress is on track, while 7% of the reform work has been completed, 6% faces significant... 

ATEX Resources announces uplisting to TSX

TSX-V-listed ATEX Resources has announced that it will be uplisting to the Toronto Stock Exchange (TSX) effective April 27, subject to receipt of final TSX approval. Following the uplisting from... 

Komatsu commissions its 1 000th ultra-class autonomous haul truck

Heavy equipment manufacturer Komatsu has reached an historic milestone in autonomous mining, commissioning its one-thousandth autonomous ultra-class haul truck equipped with the company’s... 

Afrimat to report higher full-year EPS, HEPS

JSE-listed Afrimat expects to report a 22.1% to 32.1% year-on-year increase in earnings per share (EPS) to between 76.9c and 83.2c for the financial year ended February 28. In a trading statement,... 

Capital confident of meeting full-year revenue target after record first quarter

London-listed mining services company Capital has reported record revenue of $101.7-million for the quarter ended March 31 – a 41.6% increase year-on-year and a 9.7% increase quarter-on-quarter. In... 

Gold remains a safe-haven investment – Heraeus

Throughout history, gold has been seen as a safe-haven asset, although recent price movements have not been what might be expected, metals refinery services provider Heraeus says. In its latest... 

Mulilo achieves financial close on 380 MW solar project in Western Cape

South African independent power producer Mulilo has successfully reached financial close on the 380 MW Beaufort West solar PV facility, one of South Africa’s largest utility-scale solar PV... 

Atomic Eagle appoints Grant Davey chairperson

ASX-listed Atomic Eagle has appointed Grant Davey nonexecutive chairperson, while Govind Friedland will transition from chairperson to nonexecutive director. In a statement to shareholders, Atomic... 

Caledonia’s Blanket mine to meet full-year guidance, despite first-quarter challenges

Aim-listed Caledonia Mining Corporation has reported gold production of 14 767 oz from its Blanket mine, in Zimbabwe, for the quarter ended March 31, compared with the 18 671 oz produced in the... 

Minerals Council attends memorial service for deceased Ekapa mineworkers

The Minerals Council South Africa joined Ekapa Minerals in commemorating the loss of five colleagues at a memorial service at the company’s mine in Kimberley, in the Northern Cape, on April 17.... 

TRIM issues another batch of sidings lease RFPs to accelerate rail access

State-owned Transnet Rail Infrastructure Manager (TRIM) has issued sidings lease requests for proposals (RFPs), covering nine rail siding facilities across the Eastern and Central Regions, marking... 

Lotus resumes production at Kayelekera

ASX-listed Lotus Resources has resumed uranium production at its Kayelekera mine, in Malawi, after processing operations had to be suspended on April 4, following fire damage to two electrical... 

Indonesia supply growth underpins nickel price, but Middle East conflict driving volatility – BMI

Research firm BMI – a Fitch Solutions Company – is revising its 2026 nickel price forecast to $16 600/t from $15 800/t previously, following an earlier upward out-of-cycle revision this year,... 

Cora signs $120m gold stream financing agreement to fully fund Sanankoro to production

Aim-listed Cora Gold has signed a binding term sheet for a $120-million gold stream with Eagle Eye Asset Holdings (EEA) to support the development of Cora’s Sanankoro gold project, in Mali. Cora... 

First Quantum, Hitachi launch world’s first battery-electric mining truck in Zambia mine

Canadian miner First Quantum Minerals (FQM) has partnered with Hitachi Construction Machinery to commission the world’s first ultralarge battery-electric mining truck at its Kansanshi copper and... 

Oriole reports ‘excellent’ district-scale prospectivity at Cameroon licences

Aim-listed Oriole Resources reports that recent selective rock-chip sampling at its Ndom licence, in Cameroon, has returned gold grades of up to 17 g/t gold, in northwest-trending quartz veins that... 

Tirupati appoints new financial adviser

London-listed Tirupati Graphite, which owns assets in Madagascar, has appointed AlbR Capital as financial adviser to the company, with immediate effect. On April 1, the company announced board... 

UAE KP chair updates UN General Assembly on 2025 achievements

United Arab Emirates (UAE) custodian chairperson of the Kimberley Process (KP) Ahmed Bin Sulayem addressed the UN General Assembly (UNGA) on April 15, presenting the UAE’s achievements under its... 

City of Cape Town to take delivery of its first electric bus in August

The City of Cape Town (CoCT) says its Urban Mobility Directorate will take delivery of its first electric bus in August, with another 13 electric buses to arrive between October and December this... 

BYD launches new ATTO 8 plug-in hybrid in South Africa

Chinese new-energy vehicle (NEV) and technology company BYD has launched its new seven-seater plug-in hybrid electric vehicle (PHEV) sports utility vehicle (SUV), the ATTO 8, in South Africa. The... 

Further food price pain on the cards for consumers as agri sector faces higher input costs

While developments around the conflict in the Middle East remain unpredictable, the South African agricultural value chain is already being confronted with rising input costs, disrupted trade flows... 

PTM mulling partnerships with furnace operators to process Waterberg concentrate

TSX- and NYSE-listed Platinum Group Metals (PTM) says it is investigating opportunities to collaborate and co-invest with smaller furnace operators in South Africa who are interested in modifying... 

Ivanhoe reports 71 417 t of copper from Kamoa-Kakula, record 6% increase in production from Kipushi

TSX-listed Ivanhoe Mines has produced 71 417 t of copper in blister and anode from its Kamoa-Kakula copper smelter, in the Democratic Republic of Congo (DRC), for the first quarter of this year.... 

Recycling associations call for intervention from Competition Commission on scrap metal policy

While South Africa’s scrap metal recycling sector continues to play a vital part in the circular economy, the sector is being held back by the Price Preference System (PPS) policy for scrap metals... 

Property groups unveil new R750m conference centre, hotel in Waterfall City

JSE-listed real estate investment trust Attacq Waterfall Investment Company and Rabie Property Group have announced a R750-million investment to develop the new Waterfall City Conference Centre and... 

Panellists emphasise importance of policy implementation for effective tailings management, land rehabilitation

While responsible tailings management and effective land rehabilitation are increasingly recognised as important for environmental protection, public health and sustainable economic development,... 

PIC’s Masondo undertakes strategic oversight visit to Waterfall City

Public Investment Corporation (PIC) chairperson Dr David Masondo visited Waterfall City, one of South Africa’s leading mixed-use developments, describing it as a powerful post-1994 example of... 

Bezant adds 6 years of mine life to Namibian project with new MRE

Aim-listed Bezant Resources has reported a sevenfold increase in the Hope openpit mineral resource to more than three-million tonnes, compared with a 2023 estimate of 410 000 t.   The company...