News

JSE- and LSE-listed mining, metals and innovation company Tharisa remains on track to meet its full-year production guidance, while development of its Tharisa underground project, in South Africa, and its joint venture Karo Platinum project, in Zimbabwe, is progressing. Tharisa produced 39 600 oz of platinum group metals (PGMs) at its Tharisa mine, in South […]

Copper and battery metals mining and exploration company Galileo Resources has entered into an agreement to sell its wholly owned subsidiary Virgo Business Solutions to ASX-listed Sandfire Resources subsidiary Metal Exploration Capital. Virgo owns copper prospecting licences in Botswana and the deal includes a $3-million upfront payment and a future contingent success payment of between […]

London- and Johannesburg-listed mining, metals and innovation company Tharisa has established a Level 1 American Depositary Receipt (ADR) programme, with JP Morgan appointed as the depositary bank, with effect from June 8. The ADR programme will enable US-based investors to gain exposure to Tharisa through dollar-denominated ADRs trading in the US over-the-counter (OTC) market. Each […]

Johannesburg- and London-listed integrated resource group Tharisa has appointed former Petra Diamonds CFO Jacques Breytenbach as CFO designate, with effect from May 1. He will succeed Michael Jones, who is retiring as CFO with effect from July 31, and will take up the position of CFO and executive director from August 1. Tharisa, which owns […]

London-listed Premier African Minerals has completed a subscription to raise about £500 000 before expenses through the issue of new ordinary shares. Moreover, the company has settled £100 000 of supplier’s invoices through the issue of new ordinary shares. The company highlights the importance of it continuing to support all essential operational requirements across both […]

AMERICAN special purpose acquisition company (SPAC), Hennessy Capital Investment Corp. VI (HCVI) has set May 5 as the date to consider merging with Namib Minerals. HCVI had originally postponed an April meeting that was meant to consider the merger. The delay was owing to Namib and HCVI violating a Nasdaq listing rule requiring an SPAC […]

THE Zimbabwean Embassy in South Africa has reportedly dispatched a team of forensic experts and other professionals to collaborate with the host government to verify the nationality of victims of the Stilfontein mine disaster. This follows the death of 87 artisanal miners at Buffelsfontein Mine in Stilfontein, North West Province, while some others were rescued […]