Latest South Africa News

MC Mining reports steady progress at its Makhado steelmaking coal project in South Africa alongside a significant increase in Kinetic Development Group's shareholding to 44%. The company maintains its production targets for 2026 amid strong safety and environmental records.

Close the Loop Limited reported a modest revenue increase for 1H26 but faced significant earnings declines due to operational challenges and strategic divestments. The company is focusing on core businesses and balance sheet strengthening to drive future growth.

Close the Loop Limited reported a significant half-year loss driven by intangible asset impairments, yet underlying operations show promise with packaging sales up 18% and positive adjusted earnings.

Terra Metals has confirmed a large, high-grade platinum group metals (PGM) sulfide system at its Southwest SW6 Prospect, revealing thick mineralisation open at depth and a compelling new platinum-rich zone. This discovery expands the scale and complexity of the Dante Project’s magmatic system, setting the stage for an ambitious drilling campaign.

Minbos Resources has appointed Rob Newbold as Acting CEO following the resignation of Lindsay Reed, while grappling with administrative and shareholder challenges delaying its key phosphate project in Angola.

MetalsGrove Mining has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed material information exists and providing an update on its ongoing gold exploration in Côte d’Ivoire.

Terra Metals has confirmed a substantial new titanium-vanadium-gallium mineralised system at its Southwest Prospect, dramatically expanding the Dante Project’s resource potential with critical metals now in focus.

Bravura Solutions reported a solid 9.8% increase in underlying revenue for the half-year ending December 2025, despite the absence of prior non-recurring licence sale income. The company also announced a new CEO appointment and declared both interim and special dividends.

D3 Energy has secured a new Technical Cooperation Permit adjacent to its flagship helium project in South Africa, broadening its exploration footprint and reinforcing its position in the global helium market.

Amotiv Limited reported a solid FY26 half-year result with revenue growth and margin pressures partly offset by its Amotiv Unified transformation program. The company maintained its FY26 guidance, highlighting strong cash flow and shareholder returns.

Orion Minerals has locked in a US$250 million prepayment facility with Glencore to fund key developments at its Prieska Copper Zinc Project, marking a pivotal step toward production in South Africa.

Terra Metals’ latest drilling results at Reef 2 (Hyperion) within the Dante Project reveal thick, continuous, high-grade polymetallic mineralisation from surface, reinforcing the project’s scale and economic potential.