Kazera Global plc (LSE:KZG) has started expanding output at its Whale Head Minerals heavy mineral sands operation, introducing a 1.5-shift working pattern from 9 February. The revised schedule is expected to lift production beyond 4,000 tonnes per month as the company works to scale activity at the site.
Operational enhancements are also under way, including an upgrade to the project’s trommel screen aimed at improving processing throughput and increasing titanium dioxide grades. In parallel, Kazera and its state-owned partner Alexkor SOC Ltd are preparing to move toward a full double-shift structure, which could provide an additional boost to capacity.
Higher mining rates at Whale Head are generating increased volumes of diamondiferous gravel for the group’s Deep Blue Minerals venture. A newly identified inland block, recognised for its strong grades, has now reached the target gravel horizon and is set to begin processing in the near term.
The company is strengthening its South African technical team while allocating funds raised in late 2025 to expand both mining and processing activities. These steps are intended to enhance operational resilience and prepare the business for a potential 2A Mining Right, marking what management views as a new stage of development across its mineral sands and diamond assets.
Despite the operational progress, Kazera’s investment case remains pressured by weak financial metrics, including an absence of revenue, substantial losses and continued cash burn. Technical indicators also point to a negative trend, with the shares trading below key moving averages and momentum signals remaining subdued. While recent corporate developments offer some encouragement, valuation is constrained by ongoing losses and the lack of dividend support.
More about Kazera Global plc
Kazera Global is an AIM-listed resource investment company focused on heavy mineral sands and diamond production in South Africa’s Northern Cape. Through its Whale Head Minerals and Deep Blue Minerals operations, the group seeks to drive value through increased production while assessing further resource opportunities to broaden its development pipeline and support long-term investor returns.
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