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Master Drilling eyes $1bn pipeline as mining booms

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Master Drilling’s share price performance has lagged so far this year dropping from around R18 to current levels around R15 despite what CEO Danie...

Karo Platinum secures 25-year mining deal in Zimbabwe

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THARISA'S Karo Platinum project in Zimbabwe has secured a 25-year Special Mining Lease Agreement with the Government of Zimbabwe. This, the company says, provides the...

Cash crunch hits Ghana’s state gold-buying scheme

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COMPANIES licensed to buy gold for Ghana’s GoldBod face funding delays of up to three weeks, Reuters reported. Some have stopped buying gold. Others are...

Niger puts Somaïr uranium mining in state hands

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NIGER has granted a large-scale uranium-mining permit – previously held by French nuclear company Orano SA – to state-controlled Tsumco SA, Bloomberg reported. Tsumco is...

Atomic Eagle returns to Niger’s Madaouela uranium project

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ATOMIC Eagle has agreed terms with the Republic of Niger to re-establish its interest in the Madaouela uranium project, which hosts a mineral resource...

Can this be the PGM market’s next big thing?

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THE hydrogen economy was supposed to be platinum's salvation, but it is turning out to be the lightest of lifelines. Deployment of electrolyser capacity, the...

Congo flood puts Zijin’s copper goal at risk

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ZIJIN Mining Group said flooding at its Kamoa-Kakula mine in the Democratic Republic of Congo is putting its full-year copper production target under pressure,...

Northam heads for record earnings on PGM price surge

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NORTHAM Platinum is set to report record full-year earnings, with sharply higher PGM prices providing much of the lift. The PGM producer is due to...

CAR orders shutdown of informal gold mine after deaths

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CENTRAL African Republic authorities have ordered the closure of an artisanal gold mine near the border with Cameroon after a collapse killed at least...

US-backed group eyes $500m Tanzania nickel investment

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AMERICA'S race to loosen China’s grip on critical minerals is zeroing in on Tanzania, where a US-backed investment vehicle is preparing to put roughly...