Orion Minerals selected for BHP Xplor’s 2026 Accelerator Programme
As part of the programme, several of Orion’s South African exploration project companies will receive an aggregate equity-free grant of $500 000, access to BHP’s technical specialists and structured support to advance geological concepts at its Northern Cape Exploration projects in South Africa. Tony Lennox, Orion CEO said: “This is a significant milestone for Orion and a strong endorsement of the potential of our Northern Cape exploration portfolio. Being selected for the 2026 BHP Xplor Programme provides access to technical expertise, experienced mentors and industry perspectives that will help us strengthen our geological understanding and progress our current programme of work. The structure and support available through the programme will assist us in refining our approach, assessing key uncertainties and building capability within our team in pursuit of new discoveries.” n Marenica resource update doubles grade ASX-listed Elevate Uranium has announced a significant milestone for its Marenica Uranium Project in Namibia. Following a comprehensive re-analysis of over 5 000 historical drill holes throughout 2025, the JORC Mineral Resource Estimate (MRE) has been updated to JORC 2012 standards. Elevate Uranium MD, Murray Hill, commented: “The new resource of 40.2 Mlb U308 at a grade of 185 ppm U308 is essentially double the previous resource grade. This resource update is a transformative milestone for the Marenica Uranium Project in Namibia. A significant reanalysis and rework of the underlying data from over 5 000 historical drill holes during 2025, enabled estimation of this more robust mineral resource which materially enhances the development potential of the Marenica Project. With this significant increase in grade and a robust, re-validated database in place, Marenica now offers a reduced risk foundation to accelerate our strategy of becoming a leading uranium developer.” n
Orion Minerals selected for BHP Xplor’s 2026 Accelerator Programme.
the largest number of exploration and technology projects since the programme began in 2023, reflecting strong global interest in progressing early-stage concepts for future-facing commodities.
ASX-listed Orion Minerals has announced that several of its South African exploration project companies have been selected to join the 2026 BHP Xplor accelerator programme. This year’s cohort includes
Entsha-led acquisition marks Barloworld’s next chapter
Barloworld will remain headquartered in South Africa, continuing to anchor its operations across Southern Africa and retaining the strong local identity that has defined the Group for more than a century. n
Barloworld has entered a new phase in the Group’s evolution as a privately held, South African-led industrial business, following the successful Entsha-led consortium acquisition and Barloworld Limited’s subsequent delisting from the JSE and A2X. The consortium is majority owned (51%) by Entsha, a 100% black-owned South African investment company associated with the Sewela family, with Zahid Group holding a 49% minority interest as a long- term financial partner. The transaction is operator led and anchored by Dominic Sewela, whose leadership journey within Barloworld spans nearly two decades. “Operating in the unlisted space gives us the strategic agility to focus on the core of our business — serving our customers in all market conditions and supporting the wellbeing of our employees. This transition allows us to move beyond the short term and adopt the long term perspective required to drive sustainable growth and create intrinsic value for all our stakeholders,” said Dominic Sewela.
Barloworld’s Dominic Sewela.
March 2026 | www.modernminingmagazine.co.za MODERN MINING 7
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