Osino's Twin Hills gold mine takes shape as Namibia awaits first pour
Construction of Osino Resources' Twin Hills gold mine in central Namibia is well advanced, with the company's country director targeting a first gold pour around August 2027.
Construction of Osino Resources' Twin Hills gold mine in central Namibia is well advanced, with the company's country director targeting a first gold pour around August 2027.
AngloGold Ashanti plans to resume exploration at its Nugrus and Najd blocks in Egypt's Eastern Desert in the third quarter of 2026, after halting work in March following an undisclosed incident.
Glencore is considering restarting South African coal growth projects that it shelved when the business fell below 50 million tonnes a year, as improving rail capacity revives the economics.
South African PGM producers' realised basket price rose 85% year-on-year to $2,801 an ounce in the first half of 2026, as platinum, palladium and rhodium rallied together.
Sylvania Platinum produced a record 95,885 4E PGM ounces in the year to June 2026, though fourth-quarter revenue and EBITDA both fell sharply as the PGM basket price retreated 25% quarter-on-quarter.
TransNamib and Kaleido Logistics have launched a rail corridor between Walvis Bay and Karibib designed to move 25,000 tonnes of mining and quarrying cargo a month, cutting truck traffic and emissions.
Perseus Mining produced 109,013oz in the June quarter and 404,998oz for FY2026, generating a record $769m of notional cash flow as stoping began at the CMA underground mine at Yaouré in Côte d'Ivoire.
Endeavour Mining produced 564koz of gold in the first half of 2026 at an AISC of $1,871/oz, converting a $4,579/oz realised price into record free cash flow of $761m while its Mana mine in Burkina Faso lagged guidance.
Fortuna Mining has approved a $109m project to raise throughput at its Séguéla gold mine in Côte d'Ivoire by 30% to 2.3Mtpa, targeting more than 200,000oz a year over the next decade.
Valterra Platinum is recovering most of its current Zimbabwean export proceeds through tax offsets and central bank payments, but there is still no solution for about $100m owed from previous years.
The Department of Mineral and Petroleum Resources says 33 miners had died in South African mines by late July 2026, with Impala Platinum's Rustenburg operation accounting for more than a third of the toll.
Valterra Platinum lifted interim EBITDA to R33.4bn from R6.6bn and declared R57 a share in dividends, a 70% payout, while leaving 2026 production and cost guidance unchanged.
Premier African Minerals has postponed restarting its Zulu lithium plant in Zimbabwe until it agrees a long stop date extension with offtake partner Canmax, and raised about £550,000 to fund operations.
First Quantum's Sentinel mine produced 50,335t of copper in the second quarter, up 5,083t, while Kansanshi slipped on planned maintenance; both kept 2026 guidance unchanged.
Impala Platinum suspended its entire Rustenburg operation for a safety reset from 24 to 28 July 2026 after two fatal locomotive accidents in less than three weeks.
Kumba Iron Ore plans a 63MW on-site solar plant at its Sishen mine, developed by Envusa Energy, expected to start operating in the fourth quarter of 2027.
African Rainbow Minerals will spend R15.2bn over seven years redeveloping Bokoni in Limpopo, which it placed on care and maintenance in 2025, and will restart the Nkomati nickel mine for R753m.
Eskom CEO Dan Marokane has warned against locking South Africa into hard deadlines for closing coal-fired power stations, saying rigid targets could trigger a new supply crisis.
Paladin Energy's Langer Heinrich mine produced 4.82-million pounds of uranium oxide for the year to June 2026, its strongest year since restarting, and has guided FY2027 output up to 5.6-million pounds.
Northam Platinum has commissioned the new 3 shaft at its Zondereinde mine in Limpopo, a R6.3bn project that took five and a half years and is designed to sustain and grow output from the operation.
Eramet and the Gabonese government have signed a memorandum of understanding setting out an industrial roadmap to process up to 700,000 tonnes of manganese ore a year in Gabon by 2031, ahead of a planned export ban.
Arrow Minerals has been granted a new three-year exploration permit for its Niagara bauxite project in Guinea, restarting work after a year-long suspension.
Northam Platinum produced a record 1.69Mt of chrome concentrate in FY2026, with Eland's output up 49.5%, while refined PGM output from its own mines rose 4.4% to 938,754oz.
Iron ore prices in China stood at $109.43 a tonne in June 2026, with record port stockpiles and weak construction demand offsetting stronger manufacturing steel use.