Latest South African Mining Sector News

MC Mining reports a modest improvement in half-year losses despite declining coal production and revenue, while advancing its Makhado Project and suspending Uitkomst operations to curb cash losses.

Theta Gold Mines has reported significant progress in constructing its TGME Gold Project in South Africa, securing A$60.7 million in funding and maintaining a clear path to first gold production by late 2026.

OM Holdings has secured key regulatory and shareholder approvals for the sale of its 26% interest in Ntsimbintle Mining, moving the $101 million transaction closer to completion early next year.