The MiningWrap BriefNo. 22
Eskom marks a full year without load shedding for the first time since 2018
The week in African mining — 14 May 2026.
1Energy & InfrastructureEskom marks a full year without load shedding for the first time since 2018Eskom has gone 365 consecutive days without load shedding as of 16 May 2026, its longest stretch since 2018, saving an estimated R27bn in diesel costs over three years.
2ExplorationXtra-Gold pushes Kibi drilling past 700 holes as it eyes a bigger Ghana resourceXtra-Gold Resources says it has completed 705 holes and roughly 134,000 metres of drilling at its Kibi gold project in Ghana, with a further 20,000-metre programme planned for 2026.
3PGMTharisa shares jump as interim profit surges up to 472%Tharisa shares rose as much as 7% after the miner guided to headline earnings per share up 455% to 472% for its half-year to March 2026, as the PGM basket price it received nearly doubled.
4MarketsMarch mining data: PGM sales more than double as gold adds 51.7%South African mineral sales rose 30.2% year-on-year in March 2026, with PGM sales up 113.5% and gold sales up 51.7%, even as physical production grew just 2.5%.
5UraniumTanzania presses Mantra to speed up $1.2bn Mkuju River uranium mineTanzania's deputy minister of minerals has urged Mantra Tanzania to accelerate financing and construction of the long-delayed Mkuju River uranium project, which faces a 2028 licence deadline.