Tag: South Africa mining

De Beers issues layoff notices at Limpopo mine despite worker support pledge
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De Beers issues layoff notices at Limpopo mine despite worker support pledge

De Beers faces possible job cuts at South Africa’s Venetia diamond mine as weak diamond prices force a two-year production pause.

Oluwatosin Alao Oluwatosin Alao
DE BEERS
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De Beers to halt South Africa’s Venetia mine for two years in major shift

De Beers Venetia Mine halt highlights South Africa’s diamond industry crisis as weak demand forces a two-year production pause.

Timilehin Adejumobi Timilehin Adejumobi
Kazera Global seals long-term deal to develop South Africa mineral sands project
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Kazera Global seals long-term deal to develop South Africa mineral sands project

Kazera Global signs a funded partnership to expand its South Africa mineral sands project, targeting zirconium and titanium production growth.

Oluwatosin Alao Oluwatosin Alao
Afrimat Limited
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South Africa’s Afrimat offloads quarries and plants in $13 million deal

Afrimat quarries sale sees R215m ($13m) asset disposal to Saturc as miner advances debt reduction and portfolio restructuring strategy

Timilehin Adejumobi Timilehin Adejumobi
Bakubung Platinum Mine
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South Africa’s Wesizwe to slash 70% of workforce at platinum project

South Africa’s Wesizwe Platinum job cuts slash 70% of workforce at Bakubung Mine amid restructuring, delays and sector pressure.

Timilehin Adejumobi Timilehin Adejumobi
Transnet completes $246 million upgrade
BusinessTechnology

Transnet completes $246 million upgrade at Africa’s largest iron ore terminal

Transnet completes a $246 million Saldanha upgrade, boosting South Africa iron ore exports and mining logistics capacity.

Oluwatosin Alao Oluwatosin Alao
Tharisa-Mine
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Tharisa expands South Africa mining projects with new contract

Tharisa signs a five-year deal with Cementation Africa to expand underground mining at its Rustenburg chrome and PGM operations in South Africa.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's IDC
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South Africa’s IDC to convert Orion loan into equity stake

South Africa’s IDC backs Prieska mine with an equity move, streamlining funding and timelines.

Timilehin Adejumobi Timilehin Adejumobi
Exxaro seals $660 million manganese deal, lifting South Africa’s supply role
BusinessTechnology

Exxaro acquires South African manganese mines in $660 million deal

South Africa’s mining sector is seeing another major consolidation. Exxaro Resources has completed a R10.6 billion ($660 million) acquisition of manganese assets, expanding its footprint in one of the world’s most important mineral belts.  The deal, agreed with Ntsimbintle Holdings and OMH, gives Exxaro full ownership of Ntsimbintle Mining and a controlling interest in the Tshipi Borwa Mine. The transaction…

Oluwatosin Alao Oluwatosin Alao
DRDGOLD CEO Niël Pretorius
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DRDGOLD eyes acquisition of Sasol cyanide plant

DRDGOLD proposes buying Sasol cyanide plant to secure gold production.

Timilehin Adejumobi Timilehin Adejumobi
BHP
TechnologyBusiness

BHP teams up with South Africa’s CGS to upgrade geoscience data

BHP and South Africa’s Council for Geoscience team up to modernize geological data and unlock new mineral prospects.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's Platreef mine
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Ivanhoe secures $700 million financing for South Africa expansion

Ivanhoe Mines secures $700 million to expand its Platreef mine, boosting South Africa metals output.

Timilehin Adejumobi Timilehin Adejumobi