[SMM Gold Flash] Caledonia Announces Maiden Motapa Resource, Raises Blanket Gold Resource by 22%

ASX-listed Jupiter Mines said the Tshipi manganese mine in South Africa produced and sold 3.5 million tonnes in FY2026, exceeding its annual plan, supported by mine planning, stockpile management, coordinated processing and flexible logistics despite wet weather and rail disruptions. Manganese prices strengthened during the year amid supply concerns and higher energy costs, supporting earnings and higher-grade ore sales.

South Africa’s Northam Platinum aims to make its Eland PGM and chrome mine the country’s first PGM mine operating entirely on renewable energy, with site clearing already under way for an initial 20 MW solar facility that will later expand to 40 MW, expected to displace around 60,000 tonnes of carbon emissions annually. The project forms part of Northam’s broader renewable-energy programme, which includes the operational 80 MW Zondereinde solar farm, the 140 MW Karreebosch wind farm, 255 MW Thakadu solar project and 360 MWh of planned industrial battery storage.

McEwen Copper has closed a US$240 million senior secured four-year term loan, providing funding to advance engineering and early works at its Los Azules copper project in Argentina through the planned final investment decision (FID). The financing includes US$112 million from Sprott Natural Resource Investment Partners, with McEwen chairman Rob McEwen also participating. The company expects the FID and full project financing package around mid-2027, while commercial copper cathode production is targeted for 2030, subject to financing and customary approvals.