Latest South Africa News

Terra Metals’ latest drilling results at the Dante Project confirm one of Australia’s largest titanium-vanadium-copper-platinum group metal systems, showcasing thick, continuous mineralisation and promising metallurgical potential.

Great Southern Mining has commenced co-funded diamond drilling at two promising Western Australian targets, aiming to unlock platinum group elements and high-grade gold mineralisation.

Theta Gold Mines has entered Phase 2 of construction at its TGME Gold Project, signing major contracts for structural, mechanical, platework, and piping works. The modular construction approach aims to cut costs and speed up delivery, targeting over 100,000 ounces of gold production annually.

MRG Metals has confirmed significant rare earth and critical mineral concentrations in shallow alluvial deposits at its Adriano Project in Mozambique, highlighting promising district-scale potential and a low-cost development pathway.

Minbos Resources has locked in a US$16 million debt facility from South Africa’s IDC to fund the next phase of its Cabinda Phosphate Fertilizer Plant construction, marking a key milestone for the project’s development.

TerraCom Limited reported a significant half-year loss amid falling coal prices and production challenges, completing a $56 million capital raise to strengthen its financial position.

Jupiter Mines Limited reported a 15.7% rise in profit after tax for HY2026, driven by its stake in the Tshipi manganese mine and a key joint venture deal with Exxaro Resources. The company navigates production challenges and market shifts while preparing for a dividend decision.

Galileo Mining has initiated diamond core drilling beneath its 17.5Mt Callisto PGE-nickel-copper resource in Western Australia, aiming to uncover deeper mineralisation and enhance metallurgical understanding.

Harvest Technology Group’s half-year report reveals a 50% revenue decline and a widening net loss, offset by a $6 million funding facility and strategic partnerships.

RocketDNA Ltd reported a 6% increase in revenue to AUD 76.83 million for the year ended 31 December 2025, expanding its autonomous drone footprint across Australia and Africa while securing major mining contracts.

Advanced Braking Technology Ltd reported a robust 27.2% revenue increase and a 61.6% rise in net profit for H1 2026, driven by strong international sales and progress in autonomous braking technology.

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.