Rand strength piles pressure on Petra Diamonds as losses widen to $188m
Petra Diamonds posted a $188m net loss for the six months to December, warning that continued rand strength was a major risk to the business alongside weak diamond prices.
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Roy Mulenga
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Valterra Platinum caps maiden year with R5.3bn special dividend
Valterra Platinum's first full-year results as an independent company showed headline earnings up 98%, a swing to net cash, and total dividends of R45 a share including a R5.3bn special payout.
Tsodilo Resources confirms full rare earth suite at Botswana project
Canadian explorer Tsodilo Resources says drilling at its Gcwihaba project in north-west Botswana has confirmed all 15 rare earth elements on the US critical minerals list, close to surface.
ERG's Metalkol becomes first tailings site to win the Copper Mark
Eurasian Resources Group's Metalkol tailings-reprocessing operation in the DRC became the first such site globally to be awarded the Copper Mark responsible-sourcing certification.
Parliament gets Natjoints briefing on coordinated response to illegal mining
South Africa's mineral resources portfolio committee received an update from the National Joint Operational and Intelligence Structure on measures to combat illegal mining, formalising a multi-agency policy response.
DRC replaces Gécamines chairman and chief executive
DRC president Felix Tshisekedi replaced the chairman and CEO of state mining company Gécamines, which holds stakes in copper and cobalt operations run by Glencore, CMOC and ERG.
Northam expands credit facility to R13.3bn to fund green energy push
Northam Platinum increased its revolving credit facility from R2bn to R13.3bn to accelerate solar, battery storage and power-purchase projects aimed at cutting its reliance on Eskom.
Gécamines wins rights to market half of KCC's copper
Gécamines secured rights to market about half of the copper produced at Glencore's Kamoto Copper Company, extending a trading strategy it has used elsewhere in the DRC.
Glencore, Gécamines strike land deal to grow KCC to 300,000 t/y
Glencore and Gécamines finalised a land-access deal at Kamoto Copper Company that the miner says paves the way to 300,000 tonnes a year of copper output.
Mali renews Barrick's Loulo mining permit for ten years
Mali has granted Barrick a ten-year renewal of its Loulo mining permit, cementing the settlement of their dispute and clearing the way for underground development at the Loulo-Gounkoto complex.
Niger's Tiani says 95,000 tonnes of yellowcake ready to go back to Orano
Niger's military ruler Abdourahamane Tiani said about 95,000 tonnes of concentrated uranium powder is ready to be returned to Orano, while insisting uranium produced since the Somaïr nationalisation belongs to Niger.
Bannerman seals $321.5m Chinese-backed deal to build Namibia's Etango uranium mine debt-free
Bannerman Energy agreed on 12 February 2026 to a $321.5m financing and joint-venture deal with CNNC Overseas Limited to build the Etango uranium project in Namibia debt-free, with completion targeted by the third quarter of 2026.
Galiano Gold books maiden underground resource at Ghana's Asanko mine
Galiano Gold has declared maiden underground mineral resources at the Nkran and Abore deposits of its Asanko mine in Ghana, adding potential mine life beneath the existing open pits.
Zambian power utility says mining growth needs 10GW and $12bn by 2030
Copperbelt Energy Corporation says Zambia's mining sector will need close to 10GW of new generation and nearly $12bn in investment by 2030 to meet a target of three million tonnes of copper a year.
Congo's copper exports climb 10% to 3.4 million tonnes
The DRC's copper exports rose almost 10% in 2025 to 3.4 million tonnes, with Chinese-run mines including Tenke Fungurume and Kamoa-Kakula driving the increase.
Okavango Diamond Company leans on contract buyers as Botswana market cools
Botswana's state-owned Okavango Diamond Company is increasing sales to contracted buyers to steady revenue as the rough diamond market stays depressed.
Botswana pivots exploration budget away from diamonds
Botswana is redirecting mineral exploration toward critical minerals rather than diamonds, as a state-owned exploration company targets the 70% of the country never surveyed.
Phosphate exports drive Togo's trade surge as India buys more
Togo's total exports grew 23.4% year on year in the fourth quarter of 2025, anchored by phosphate shipments, with India alone accounting for 18.6% of the total as it bought bulk phosphate rock.
Tshiamiso Trust passes R2.5bn in silicosis payouts to former miners
The Tshiamiso Trust said on 9 February 2026 it had disbursed R2.5 billion to former gold miners with silicosis and tuberculosis, reaching the halfway point of its 12-year mandate.
MMG breaks ground on $900m Khoemacau copper expansion in Botswana
MMG has broken ground on a $900 million expansion of its Khoemacau copper mine in Botswana, aiming to lift annual output to 130,000 tonnes of copper.
Mali creates Sopamim to centralise its stakes in mining companies
Mali's council of ministers has approved a new wholly state-owned company, Sopamim, to acquire and manage the government's shareholdings in mining companies.
Rosh Pinah commissions Namibia's first paste backfill plant
Rosh Pinah Zinc has commissioned Namibia's first paste backfill plant, a milestone in its RP2.0 underground expansion project, which was more than 85% complete as of February 2026.
De Beers slashes 2026 output guidance as Anglo weighs fresh writedown
De Beers cut its 2026 production guidance to 21m-26m carats from 26m-29m carats, after 2025 output fell to 21.66m carats amid extended mine maintenance and weak prices.
Ivanhoe in talks to route Kipushi zinc to US critical minerals stockpile
Ivanhoe Mines is in advanced talks to send zinc concentrate from its Kipushi mine to the US under Project Vault, a $12bn strategic minerals stockpiling scheme.