Modern Mining July 2026

MINING NEWS

Giyani announces positive DFS results for K.Hill project

development of the project. Building on the successful production of both HPMO and HPMSM from our demonstration plant in Johannesburg, we are now well-positioned to meet the evolving requirements of the battery and energy storage markets. With China controlling 95% of manganese processing capacity, access to non-China supply of this critical material is constrained. The DFS marks a significant step towards a viable solution. Alongside the optimisation work that we will now be looking to undertake in the next phase of the

Giyani Metals has announced the results of the Definitive Feasibility Study (DFS) for its 100%-owned K.Hill battery- grade manganese project, located in Botswana. The DFS supports the declaration of Mineral Reserves and demonstrates strong project economics to produce battery-grade manganese including high-purity manganese sulphate monohydrate (HPMSM) and high-purity manganese oxide (HPMO) for the global battery materials market. Nigel Robinson, Interim Executive Chair of the company, commented: “These results demonstrate strong economic returns and endorse K.Hill as a unique, mine-to-market battery-grade supplier of manganese to meet growing Western demand, and provide a solid foundation for further optimisation and continued

project’s delivery; we will be progressing our discussions with strategic partners and evaluating opportunities within the battery-grade manganese sector that have the potential to enhance value for our shareholders.” n Firering provides updates on fourth tranche of Limeco option

Giyani Metals demonstration plant in Johannesburg.

Richards Bay Minerals announces

leadership change Richards Bay Minerals (RBM) has announced that Werner Duvenhage, Managing Director, RBM and Rio Tinto Iron and Titanium Africa Operations, has decided to leave the business to pursue an opportunity outside the company. Duvenhage will leave the organisation on 31 July and, as part of a transition, Wilhemina Ngcobo, currently Chief Operating Officer, will assume the role of Acting Managing Director. Rio Tinto Chief Commercial Officer, Bold Baatar, said: “Duvenhage has achieved a great deal during his 13 years with Rio Tinto. Most recently, he has been instrumental in guiding RBM through a particularly challenging period with resilience and integrity.” n

Firering is an Africa-focused producer of quicklime.

fourth tranche of the Limeco Option reflects the progress being made at Limeco following the achievement of operational breakeven. Production ramp-up continues, unit economics are improving and the customer base is expanding across Zambia, Zimbabwe and Malawi. Increasing our shareholding at this stage allows Firering and its shareholders to participate more fully in Limeco’s continued growth. The trajectory across both operations and commercial activity remains positive, with further kiln capacity expected to come online later this year.” n

AIM-listed Firering Strategic Minerals, an Africa-focused producer of quicklime and explorer of critical minerals, has exercised the fourth tranche of its option to acquire a further 5.5% interest in Limeco Resources, increasing its total shareholding to 41.7%. The exercise follows Limeco’s achievement of operational breakeven and reflects the Board’s confidence in the project’s continued production ramp-up, improving cost performance, and rapidly expanding customer base across the Southern African region. Youval Rasin, Chairman and Interim CEO, commented: “The exercise of the

4  MODERN MINING  www.modernminingmagazine.co.za | JULY 2026

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