Metals One PLC has entered into a binding term sheet to acquire the remaining interests in Lions Bay Resources, making it a wholly owned subsidiary. The deal positions Metals One as a South Africa-focused gold and power business, centered on the Barbrook Gold Mine and an existing 6 MW cogeneration plant.
Theta Gold Mines Limited released an investor presentation for the Australian Gold Conference, highlighting the progress at its Transvaal Gold Mining Estates (TGME) Project in South Africa. The presentation summarizes the project's robust economics, including a USD 90 million Nordic bond issue completed in June 2026, and provides updates on plant construction, targeting commissioning in Q4 2026 and first gold in Q1 2027. While no new resource or drill results are announced, the presentation includes detailed historical mineral resource and ore reserve statements for the project.
West Wits Mining is attending the Australian Gold Conference in Sydney, where the CEO will present an update on the Qala Shallows Project. The presentation outlines the company's transition to a gold producer, its current production ramp-up, and long-term growth potential via the Project 200 scoping study.
West Wits Mining has achieved first gold production at its Qala Shallows underground mine in South Africa. The company is now ramping up toward a steady state of 70,000oz per annum, supported by a large 7.24Moz gold resource in the broader Witwatersrand Basin.
West Wits Mining has commenced gold production at its Qala Shallows project in South Africa, marking a significant milestone. The company holds a large gold resource inventory and is currently optimizing its broader Witwatersrand Basin project to scale production.
ZEB Nickel Corp. has identified gold mineralization in the northern portion of the Zebediela Project through analysis of historical drilling. This discovery complements previously reported gold intercepts in the south, suggesting widespread gold potential across the project area.
Zeb Nickel Corp. announced the discovery of a new high-grade gold zone at its Zeb Nickel Project in Limpopo, South Africa, with drill hole Z029 intersecting 9.05 g/t Au over 28.32 meters. The company also reported positive assay results from the remaining five holes of its Phase 2 drill program, confirming the grade and continuity of nickel mineralization and the presence of higher-grade Ni-PGE bearing Critical Zone lithologies. The new gold discovery is expected to improve overall project economics.
Superior Mining International Corporation has released first-pass drill results from its Middelvlei JV Project in South Africa. The 16-hole program confirmed the presence of the VCR and MVR reefs, although some holes failed to show local development or recognizable mineralization.
Superior Mining International Corporation has engaged Snowden Group to conduct an updated resource review of the Black Reef at the Middelvlei property. The company also confirmed a Toll Milling Agreement with Harmony and progress on ore handling infrastructure.
