Elcora Advanced Materials signed a binding agreement on 27 May 2026 to acquire the Eldorado gold mine and tailings in South Africa's Barberton Greenstone Belt for $2m in cash plus shares, marking its entry into gold mine ownership.
Giyani Metals' definitive feasibility study for the K.Hill project puts initial capital at $535m and after-tax NPV at $481.5m, positioning Botswana to host its first manganese mine and a battery-materials supply chain.
South Africa's Reserve Bank raised its repo rate by 25 basis points to 7% on 28 May 2026, a move that supports the rand but raises borrowing costs across the mining sector.
At London's annual Platinum Week, the World Platinum Investment Council warned against expecting another price doubling, while analysts highlighted AI-linked data storage and green hydrogen as emerging demand sources.
A Centre for Environmental Rights report launched in Johannesburg finds South Africa has at least 400 abandoned coal mines and that Mpumalanga has properly closed none of them.
Orion Minerals is advancing a $250m Glencore prepayment and offtake agreement alongside a roughly R180m share placement, completed around 28 May 2026, to fund redevelopment of its Prieska and Okiep copper projects in South Africa's Northern Cape.
Frontier Nuclear and Minerals says it is close to publishing a maiden mineral resource estimate for its Engo Valley uranium project in Namibia, after completing a second phase of drilling.
Eskom 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.
ZCCM-IH's chief executive said in May 2026 the Zambian state investment company was working to raise its stake in KoBold Metals' Mingomba copper project to 25% from 20%, after already lifting its Lubambe Copper Mines stake to 30%.
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.
Montage Gold says construction of its Koné gold project in Côte d'Ivoire remains on budget, with more than 10 million work hours logged and first gold still targeted for late Q4 2026.
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%.
Tanzania'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.
Transnet has concluded access agreements with 11 train operating companies covering coal, manganese, containers and fuel, in the first big step of its open-access rail reform.
Zambia produced 208,992t of copper in the first quarter of 2026, down 4.27% year on year, although output from large-scale mines rose 1.8%, Mines Minister Paul Kabuswe said.
Genmin says a Middle Eastern consortium, a Shanghai-listed company, a commodity trader and a mining fund have made non-binding proposals to finance its $200m Baniaka iron ore project in south-eastern Gabon.
Rosh Pinah Zinc has commissioned a new water treatment plant at its Namibian mine, adding infrastructure needed to manage water from an expanded underground operation under the RP2.0 project.
Gounkoto Mining Services, the Bouygues-linked contractor that mined the Gounkoto and Yalea North pits at Barrick's Loulo-Gounkoto complex, is winding up in Mali and has issued termination notices to more than 600 workers.
Sibanye-Stillwater priced an oversubscribed $500m senior notes offering on 8 May 2026 and used the proceeds to tender for older, higher-coupon Stillwater notes due 2026 and 2029, cutting group debt.
Gold deliveries to Fidelity Gold Refinery reached 9,311.92kg in Q1 2026, up 8.29% on the same quarter of 2025, with small-scale producers supplying about 6.5 tonnes.
Zhejiang Huayou Cobalt agreed on 7 May 2026 to acquire Atlantic Lithium for about $210m in cash, months after Atlantic Lithium's board rejected an earlier takeover proposal it judged undervalued its Ewoyaa project in Ghana.
A delegation from Ghana's Minerals Income Investment Fund visited Newmont's Ahafo North mine, saying the operation could exceed its original mine-life estimate and reporting no major safety incidents so far in 2026.
Mining at the Winning Consortium Simandou blocks in Guinea stopped from 28 April after an estimated 3,000 workers struck over pay, the first strike at the Baowu-led venture. Rail and port operations continued.
MC Mining is preparing to commission its Makhado hard coking coal project in Limpopo while suspending operations at its unprofitable Uitkomst mine in KwaZulu-Natal.
