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... 

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.... 

Pensana receives first tranche of $165m financing to support its US mine-to-magnet strategy

London-listed Pensana has received the first tranche of $15-million from Cascade Natural Resources, as contemplated under a $165-million strategic investment announced on March 4. In return for the... 

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... 

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.... 

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,... 

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... 

Ghanaian Ministry grants Damang mining lease to Engineers and Planners

The Ghanaian Ministry of Lands and Natural Resources has granted the Damang mining lease, previously held by Gold Fields, to mining services provider Engineers and Planners, which was selected as... 

Sovereign Metals reports successful rehabilitation trials, community partnerships at Kasiya

ASX- and Aim-listed Sovereign Metals has reported that its second year of rehabilitation trials at the Kasiya rutile/graphite project, in Malawi, is nearing completion.  In a statement to... 

Hydro Lithium signs agreement to buy Phase 1 output of Canadian lithium project

ASX-listed Prairie Lithium has reached a binding definitive agreement with Hydro Lithium, whereby Hydro Lithium will purchase 100% of the Phase 1 production from Prairie Lithium’s project. Phase 1... 

Aggreko to develop Australia’s largest offgrid renewable hybrid power facility for Harmony’s Eva mine

Energy solutions provider Aggreko has finalised a landmark power purchase agreement (PPA) with international mining company Harmony Gold for the Eva copper mine project in north-west Queensland,... 

Future of Matla mine, power station secured as Exxaro, Eskom ink CSA to 2043

Diversified natural resources company Exxaro Resources and State-owned Eskom have signed a new long-term coal supply agreement (CSA), securing the continued supply of coal from Exxaro’s Matla mine... 

Trigon Metals renames to Safi Silver

TSX-V-listed Trigon Metals has completed a vertical amalgamation with its wholly-owned subsidiary, Safi Silver Corp, effective April 1. Accordingly, the company has changed its name to Safi Silver... 

Greenland Resources signs eight-year molybdenum offtake agreement with SSAB

TSX-listed Greenland Resources has signed a binding offtake agreement with SSAB, a Nordic and US-based steel producer headquartered in Sweden. SSAB supplies high-strength steels to the defence,... 

REalloys signs offtake MoU as it builds US strategic defence rare earths supplies

Nasdaq-listed REalloys, a US-based mine-to-magnet rare earths company, has signed a nonbinding memorandum of understanding (MoU) with US Critical Materials Corp (USCM), owner of the Sheep Creek... 

Petra revises pricing assumptions amid Middle East conflict

London-listed Petra Diamonds sold 781 797 ct of diamonds during the quarter ended March 31 – the third quarter of its 2026 financial year. Revenue for the quarter was $68-million, compared with... 

Lindian raises A$100m for Kangankunde, Kazakhstan projects

ASX-listed Lindian Resources has received firm commitments to raise about A$100-million through a single-tranche placement to institutional investors and strategic critical minerals funds to... 

Southern Palladium appoints new Bengwenyama project manager

ASX- and JSE-listed Southern Palladium has appointed Mark Humphery as project manager for the Bengwenyama project, located on the eastern limb of the Bushveld Complex in South Africa. In a... 

CSIR, Eskom, SANEDI, Coaltech launch HELE CFB Localisation Programme

The Council for Scientific and Industrial Research (CSIR), State-owned power utility Eskom, the South African National Energy Development Institute (SANEDI) and the Coaltech Research Association... 

Guinea’s Simandou to become largest driver of seaborne iron-ore supply growth – WoodMac

The emergence of Guinea's Simandou as a large-scale, high-grade iron-ore supplier marks a significant change in the global seaborne iron-ore market. According to consultancy Wood Mackenzie... 

Salungano improves financial performance

JSE-listed Salungano Group has reported a material improvement in its financial performance for year ended March 31, 2025, compared with the prior year. The coal miner reports an increase in... 

Early works construction at Namibia uranium project progressing well

ASX-listed Bannerman Energy has reported that early works construction at its Etango uranium project, in Namibia, continues to advance on budget and schedule. In a statement to shareholders, the... 

South Africa urged to ease regulatory burden for companies to boost growth, employment

International financial institution the International Monetary Fund (IMF) has reported that, while South Africa’s economy has shown resilience in 2025, growth remains too low to significantly... 

Formalisation of ASM sector remains significant challenge – WMI director

While there has been noticeable progress in improving conditions in the artisanal and small-scale mining (ASM) sector in South Africa in recent years, Wits Mining Institute (WMI) director Dr... 

Prolonged Iran war may push copper price below $10 000/t, disrupt sulphuric acid supply

As war in the Middle East continues, a prolonged Iran war would squeeze the big-three copper miners' earnings before interest, taxes, depreciation and amortisation (Ebitda) more than consensus... 

Bezant lifts its stake in Namibia project to 90%

Aim-listed Bezant Resources has acquired an additional 20% shareholding in Hope and Gorob Mining – its 70%-owned Namibian registered holder of the Hope and Gorob mining project. As a result of... 

Rome Resources reports widest intercept to date at Kalayi prospect

Aim-listed Rome Resources has updated shareholders on its drilling operations at its Kalayi prospect, located within the Bisie North project area, in the Democratic Republic of Congo (DRC). The... 

Kefi raises £941 574 through RetailBook offer

Aim-listed Kefi Gold and Copper has announced that its previously announced RetailBook offer was successfully completed and closed on March 23, and that it has conditionally raised about £941 574... 

Jubilee reports delay in Molefe Phase 1 drilling results

Aim- and AltX-listed copper producer Jubilee Metals has announced that the Phase 1 drilling results for its Molefe copper mine, in Zambia, initially scheduled for release on March 24, have been... 

Gemfields reports difficult year amid operational interruptions

Amid a difficult year, gemstone miner Gemfields has reported that the operational interruptions at the company’s 75%-owned Montepuez Ruby Mining (MRM), in Mozambique, and at its Kagem emerald mine,...