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Mining Weekly | Africa

21 May 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
  • Goldplat reports solid third-quarter financial results
    Aim-listed Goldplat’s two gold recovery operations in South Africa and Ghana achieved a combined operating profit of £3.86-million for the quarter ended March 31, compared with an operating profit of £694 000 reported for the quarter ended March 31, 2025. The Ghanaian operation achieved a profit before tax of £806 000 for the quarter – the third quarter of the company’s 2026 financial year – which Goldplat says was supported by the operations team delivering to plan and a higher, albeit fluctuating, gold price.
  • WEG, Energy Venture Capital partner to finance hybrid energy projects in South Africa
    Electric technologies and energy solutions provider WEG has partnered with strategic energy investment company Energy Venture Capital (EVC) to provide funding of between R5-million and R500-million to hybrid energy projects in South Africa. The companies have signed a memorandum of understanding to jointly evaluate hybrid energy projects on a case-by-case basis and offer funding opportunities consistent with the energy market.
  • Gem Diamonds reports lower sales volumes, but higher prices for the first quarter
    Diamond miner Gem Diamonds recorded revenue of $32.1-million for the quarter ended March 31, supported by the sale of large, high-value diamonds recovered at its Letšeng mine, in Lesotho. During the quarter, production was primarily sourced from the lower-grade, lower-value main pipe, with a lower contribution from the higher-grade, higher-value satellite pipe, in accordance with the Letšeng mine plan.