South Africa mining

South Africa's Department of Mineral and Petroleum Resources formally accepted the mining right application for the Jelani Resources joint venture between Lexington Gold and Harmony Gold Mining Company. This regulatory approval advances the project toward production and expands South African gold mining capacity.

African Rainbow Minerals founder Dr. Patrice Motsepe steps down as executive chairman while expressing optimism about South Africa's future after reporting strong half-year results. ARM is a major player in diversified mining including platinum group metals.