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Market News

Not all doom and gloom for mining industry

The South African mining sector is facing many challenges, but regulatory certainty and President Cyril Ramaphosa’s administration could spell a new dawn for the industry.

While it has been the main driver of the South African economy for many decades, the mining sector is under increasing pressure from rising costs, regulatory uncertainty and waning investor confidence, but there is hope that President Cyril Ramaphosa’s government will usher in a new dawn for the industry.

Another move up world rankings for Wits School of Mining Engineering

13 March 2019 – Johannesburg: The global standing of the School of Mining Engineering at Wits University has been boosted by another step up in the QS World University Rankings – to 13th place in 2019.

Last year, the school had also moved upward in these rankings, reaching the number 15 spot from its 22nd place in 2017. The latest achievement allows it to retain its position as the highest ranked school at Wits University; it is also the only mining school on the African continent to feature in the top 50 mining schools worldwide.

Global Minerals Professionals Alliance undertakes International Action on Tailings

In light of the global challenges faced around mine waste, particularly tailings, the Global Minerals Professionals Alliance (GMPA) will be undertaking ‘Global Action on Tailings’. The initiative was announced at a recent meeting of the GMPA – a collaborative partnership between leading professional organizations for minerals around the world – held in February 2019, in Denver, Colorado in conjunction with the 2019 SME Annual Conference & Expo.

2019 is a seminal year for investor confidence in South Africa’s mining sector

2019 is a seminal year for investor confidence in South Africa’s mining sector, and international investors will be closely watching a variety of important issues as they seek the clarity they will need to commit to investments in the country.

With crucial national elections due in May, a debt crisis at state electricity utility Eskom and the country’s new mining charter still pending finalisation, Hulme Scholes, a partner at law firm Malan Scholes, said the need for accountability and transparency in the fight against corruption was critical if international investors were to commit to SA and continue unlocking the country’s vast geological potential.

Other mining news

Mining Weekly | Africa

12 August 2026

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
  • Jubilee receives two binding offers for its Large Waste Project
    Zambia-focused integrated copper producer and resource developer Jubilee Metals has received two binding offers for the acquisition of its Large Waste Project, with the company noting that the offers offer a substantial premium to what Jubilee paid for the LWP. The company adds that the planned sale of the LWP will support the accelerated investment by Jubilee into the growth of its existing Zambian operations, offering lower risk and a lower-capital pathway to achieving the company's growth objectives, such as the implementation of the on-site copper processing facility at the expanded Molefe mine operations.
  • Northam increases RCF to R15bn as it prepares for investment in further growth opportunities
    Johannesburg-listed Northam Platinum has finalised an agreement to increase its existing revolving credit facility (RCF) from R13.3-billion to R15-billion, taking Northam's total available banking facilities to R16-billion. The available banking facilities provide the Northam group with important funding flexibility and liquidity.
  • Fortuna acquires Senegal gold project from IAMGOLD, Barrick
    NYSE- and TSX-listed Fortuna Mining Corp has acquired the Bambadji gold project in Senegal through the purchase of certain Senegalese subsidiaries held by Barrick Mining Corporation and IAMGOLD Corporation. Located adjacent to Fortuna’s feasibility-stage Diamba Sud gold project, Bambadji consolidates about 60 km of prospective strike along the Senegal-Mali Shear Zone, a Tier-1 gold corridor hosting several world-class mines.