Latest South Africa News

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

Quantum Graphite Limited has been granted Major Project Status by the Australian Government for its Quantum-Sunlands Eyre Peninsula Graphite Hub, marking a significant milestone in its graphite supply chain development. Concurrently, the company progresses a US$300 million financing application with the US EXIM Bank and secures an Australian patent for its joint venture’s thermal energy storage technology.

MC Mining reports steady progress on its Makhado hard coking coal project with key construction milestones met, while Uitkomst Colliery faces production setbacks and rising costs amid depressed coal prices.

D3 Energy’s latest quarterly report reveals a promising new helium production province at its ER315 permit, alongside expanded exploration permits and preparations for a key Production Right application.

Minbos Resources advances its Cabinda Phosphate Project with significant construction progress and a fresh US$3.6 million funding injection from the Sovereign Fund of Angola, underpinning its strong cash position.

Kinetiko Energy reports encouraging progress in South African gas exploration, with improved well performance and a drilling optimisation study revealing key production enhancements.

Vanadium Resources Limited has extended its EPC and financing MOU with China Energy and raised A$783,000 via convertible notes, supporting ongoing development of its Steelpoortdrift Vanadium Project amid cost controls and regulatory progress.

Terra Metals has made significant strides at its Dante polymetallic project, producing three high-grade concentrates and extending mineralisation, while securing a strategic tenement option to expand its resource base.

Jupiter Mines reported a robust Q3 FY2025 with higher manganese production and sales at Tshipi, driving a 65% jump in EBITDA amid improved prices and reduced costs.

Urbanise.com Limited reported steady Q3 FY2025 revenue with recurring income dominating, resolved a key contract dispute, and maintained positive operating cash flow for the third consecutive quarter.

Galileo Mining is set to begin a targeted drilling campaign at its Fraser Range project, while also securing government funding to explore deeper mineralisation beneath its Callisto deposit at Norseman.

Southern Palladium’s March quarter report highlights strong project economics from its Bengwenyama PGM project, with a $1.06 billion NPV and a mining right decision expected in Q2 2025. The company is progressing a Definitive Feasibility Study and project optimisation to accelerate production.