ASX-listed Bannerman Energy has advised of the further strengthening of the Bannerman Board with the appointment of its existing Chief Executive Officer, Gavin Chamberlain, as Managing Director and Danny Goeman as an independent non-executive director.

Rio Tinto has approved Richards Bay Minerals’ Zulti South project, lifting the suspension which has been in place since January 2020. The ~R8.5 billion (US$473 million) investment aims to extend the mine's life to 2050 and ensure RBM's operational continuity for years to come.

Exxaro has successfully concluded the acquisition of select manganese assets from Ntsimbintle Holdings and OMH, making it a globally meaningful manganese player.

 Highlights 

• First field work programme underway on Licence PL061/2021 (PL061) to detect and better spatially define the presence of regionally mapped Ngwako Pan and D’Kar Formation contact
• Work is complementary to the Q4 2025 geophysical programme conducted on PL082/2020 (PL082), with both licences being along strike of Cobre Limited’s (Cobre) Ngami Project
• Programme forms part of the initial investigation together with other geophysics techniques and/or soil sampling required to ultimately define drill targets

Canadian mineral exploration company Tsodilo Resources has confirmed a significant rare earth and critical minerals discovery in Botswana, positioning Canada within an intensifying global competition led by the United States and China to secure strategic supply chains.