Latest South Africa News

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Peak Minerals Limited has disclosed previously withheld heavy mineral assay results from its Minta Rutile Project following an ASX price query, shedding light on recent trading activity.

Kinetiko Energy has signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant at Brakfontein, aiming to fast-track gas production and supply to South Africa's industrial market.

Theta Gold Mines has approved the Decision to Mine for its TGME Gold Project in South Africa and raised US$4 million through a private placement, advancing its path toward production amid rising gold prices.

D3 Energy reports a significant 32% increase in gas flow rates at its RBD03 well in South Africa following a well clean-out, reinforcing the project's development prospects.

Minbos Resources has approved over A$800,000 in long lead item orders to advance Stage 2 construction of its Subantando Fertilizer Plant in Angola, supported by sovereign and development financing.

Renergen has awarded preferred bidder status for the Phase 2 EPC contract of its Tetra4 LNG and helium liquefaction project to the He4u consortium, marking a significant step forward in the Virginia Gas Project.

Renergen Limited reports steady LNG production despite maintenance downtime, progresses a strategic merger with ASP Isotopes, and advances exploration with new seismic data and drilling activity.

Vanadium Resources has signed a non-binding MoU with China Precious Asia Limited to supply vanadium-rich magnetite ore from its Steelpoortdrift project, aiming for early production and cashflow. This marks a strategic pivot to monetise its vast resource amid subdued vanadium markets.

D3 Energy has acquired two promising exploration permits in South Australia’s Arckaringa Basin, marking a strategic move to diversify its helium and hydrogen portfolio alongside its South African assets.