Latest South Africa News

Theta Gold Mines Limited has locked in a substantial A$51.4 million funding package combining debt and equity to advance construction of its TGME Gold Project in South Africa. This milestone funding sets the stage for the company’s next phase despite recent revisions to its production forecasts.

Kinetiko Energy's latest gas flow test at well 271-KA03PT06 in South Africa delivers record extended flow rates, significantly boosting the commercial outlook for its Brakfontein gas cluster.

First Graphene has launched its PureGRAPH-enhanced waterproofing additive in South Africa, marking a significant step into the regional cement and concrete sector with promising trial results and initial commercial orders.

West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.

Altech has detailed its Sodium Nickel Chloride (SNC) battery technology designed specifically for hazardous explosive environments, highlighting superior safety, longevity, and minimal maintenance compared to traditional battery chemistries.

Orion Minerals has expanded its capital raising from $5 million to $7.7 million, reflecting robust demand from sophisticated investors. The company plans to issue approximately 515 million shares at 1.5 cents each.

Vanadium Resources Limited has appointed mining entrepreneur Nick Diack as CEO to spearhead the transition of its Steelpoortdrift Vanadium Project towards near-term production, signaling a strategic shift backed by strong industry expertise and performance-linked incentives.

TerraCom Limited reports a $43.4 million net loss for FY25, reflecting increased impairment charges and operational challenges, while advancing its strategic Moorlands Project in Australia.

Theta Gold Mines Limited has released an optimised feasibility study for its TGME Gold Mine Project, revealing a substantial increase in project value with a 14.5-year life of mine and US$1.2 billion in free cash flow.

Orion Minerals has raised A$5 million through a share placement to fund early development at its Prieska Copper Zinc Uppers mine and advance studies at the Okiep Copper Project, underpinning its transition towards production.

Renergen Limited reports significant progress on its merger with ASP Isotopes, resolves a key dispute with Springbok Solar, and reveals promising exploration developments, while managing production and financial challenges.

MC Mining’s FY2025 results reveal a sharp increase in losses driven by impairments and lower coal sales, while a strategic investment by Kinetic Development Group advances its flagship Makhado Project.