News

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 […]

THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) is setting up regional structures in six key regions as it seeks to better serve its constituency. The structures are expected to be completed by the end of this quarter, an official said. As Zimbabwe’s mining industry undergoes significant transformation fuelled by foreign investment and local […]

Prospect Resources is putting two lithium prospects in Zimbabwe and another in Namibia on the shelf to focus on its new copper project in Zambia. The company, listed on the Australian Stock Exchange, hit the jackpot two years ago when it spent US$25.7 million on exploration at the Arcadia lithium mine in Goromonzi, before selling […]