Inside the Energy One Stop Shop and its drive to fast-track electricity projects

The Energy One Stop Shop (EOSS), officially launched by Trade, Industry and Competition Minister Ebrahim Patel on July 27, is in the ramp-up phase of a four-stage process aimed at fast-tracking the... 

LBMA launches RfP to digitise ‘responsible gold’ guide

The London Bullion Market Association (LBMA) has launched a request for proposal (RfP) for a digital ecosystem that will provide trust and confidence to support the integrity of the market, and the... 

Eskom evolving from traditional to virtual wheeling with Vodacom

State-owned power utility Eskom strategy development senior manager Mutenda Tshipala has noted that Eskom is evolving from the traditional electricity wheeling mechanism to virtual wheeling in... 

DBSA highlights its contribution to infrastructure development in Africa

Development finance institution (DFI) the Development Bank of Southern Africa (DBSA) head of energy, environment and information and communications technology (ICT) Mathapelo Malao has emphasised... 

Coal waste repurposing

An opportunity exists for the target rehabilitation of coarse and ultrafine coal waste streams and stockpiles in the local coal sector, said green coal solutions provider River Energy South Africa... 

Kropz reports $14.1m in interim revenue

African phosphate developer and producer Kropz Group recorded revenue of $14.1-million for the six months ended June 30. The interim period also saw it record the first sales from the trial... 

Hummingbird agrees financing package with Coris Bank for $55m

Gold producer Hummingbird Resources has agreed to refinance a portion of its existing financing partner Coris Bank International's group loan facilities and has secured additional funding as... 

De Grey strengthens balance sheet with A$300m placement

Australian gold explorer De Grey Mining has launched a fully underwritten two tranche placement of new fully paid ordinary shares to raise A$300-million, strengthening its balance sheet and... 

Tsodilo welcomes positive court outcome in Botswana

International resource exploration company Tsodilo Resources says the High Court of Botswana has rendered an order that interdicts and restrains the Mines and Energy Minister – through the... 

Cornish begins wet commissioning of South Crofty water treatment plant

Mineral exploration and development company Cornish Metals – focused on its South Crofty tin project in Cornwall, the UK – has commenced wet commissioning of its newly constructed mine water... 

Akobo’s shares start trading on the OTCQX Best Market

Ethiopia-focused gold exploration and mining company Akobo Minerals announced on September 28 that its shares would now trade on the OTCQX Best Market, under the ticker symbol of AKOBF. The OTCQX... 

Bushveld receives initial R150m from Southern Point

Vanadium and energy storage solutions company Bushveld Minerals reported on Tuesday that it had received the R150-million ($8.1-million) in interim working capital from investment fund Southern... 

JSE remains important capital market for AngloGold

Despite moving its primary listing to New York, AngloGold Ashanti (AGA) has affirmed significance of South Africa as a capital market and source of liquidity for the gold mining major. Following... 

Alpha Copper to acquire Okeover project

Canadian junior Alpha Copper has announced a definitive agreement to acquire the Okeover copper/molybdenum project, in British Columbia. The company is buying the project from exploration firm... 

Empire Metals raises £3m to expand and accelerate Pitfield exploration

Gold and copper exploration and development company Empire Metals has raised £3-million to advance exploration at its Pitfield project, in Western Australia. This was done by way of an... 

Gemfields expects lower 2023 financial performance

Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023.  However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate... 

Amerigo’s MVC mine resumes normal operations

Minera Valle Central (MVC), Amerigo Resources mine near Rancagua, in Chile, has resumed normal production after removing more than 2.2-million m2 of water from the Cauquenes historical tailings... 

Zimbabwe Beitbridge border post PPP testament to Raubex’s 49 years of experience

South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government’s road authority... 

Fortuna completes acquisition of Chesser, strengthening West African presence

Canadian precious metals minerFortuna has closed the previously announced acquisition of gold exploration company Chesser Resources. Fortuna acquired 100% of the fully paid ordinary shares of... 

LBMA launches RfP to digitise responsible gold guidance

The London Bullion Market Association (LBMA) has launched a request for proposal (RfP) for a digital ecosystem that will provide trust and confidence to support the integrity of the market, and the... 

Forex shortage challenging intra-Africa trade

Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the... 

Stephen Linnell appointed BankservAfrica CEO

Financial market infrastructure firm BankservAfrica has appointed Stephen Linnell as CEO, effective from October 1 this year. “Linnell’s credentials as a dynamic executive across a wide range of... 

Stainless steel sector fights for right to supply local parastatal projects

The use of local stainless steel is crucial to driving demand and the subsequent beneficiation of this highly prized metal, but work still needs to be done to cement the correct specifications of... 

Attacq, GEPF conclude landmark equity transaction

JSE-listed real estate investment trust Attacq, which is developing Waterfall City, in Gauteng, has concluded its landmark R2.7-billion transaction with the Government Employees Pension Fund... 

Solidarity questions if potential Kloof 4 layoffs are necessary

Trade union Solidarity is concerned about the fate of almost 3 000 Sibanye-Stillwater mineworkers whose jobs may be in jeopardy in the future, as the mining company considers the future of its... 

Ian Cockerill appointed Descycle chairperson

Metals recovery company Descycle has appointed mining and metals industry veteran Ian Cockerill as nonexecutive chairperson. He succeeds Geoff McNamara, who will remain on the board as a... 

Andrada confirms lithium intersected pegmatites from Lithium Ridge drilling

Namibian metals mining company Andrada Mining on September 18 confirmed that all drill holes – from assay results for the remaining reverse circulation (RC) exploration drilling results of an... 

Gemfields’ latest emerald auction generates $25.5m in revenue

Gemstone producer Gemfields earned revenues of $25.5-million from its latest auction of commercial-quality rough emeralds recovered from the Kagem mine, in Zambia. All 43 lots put on offer were... 

Implats rebrands RBPlat subsidiary as Impala Bafokeng

Local platinum-group metals (PGMs) group Impala Platinum (Implats) has renamed its newest subsidiary – PGMs miner Royal Bafokeng Platinum (RBPlat) – as Impala Bafokeng. Implats has also rebranded... 

Saice suggests PPPs as the solution to govt’s constrained fiscus

The South African Institution of Civil Engineering (Saice) suggests an alternative solution that will assist the National Treasury as it grapples with the country’s constrained fiscus. In a letter... 

Pensana confirms rare-earth mineralisation at Angola target

Metals company Pensana on September 14 confirmed that the  Sulima West laterite target at its Coola exploration project, in Angola, contains three main types of rare-earth minerals. This was... 

Rainbow celebrates 60 years of processing excellence, embarks on new growth chapter

Poultry company Rainbow on August 28 marked the commemoration of its sixtieth anniversary with an event held in Hammarsdale, in KwaZulu-Natal. This occasion served as a tribute to Rainbow's six... 

Growthpoint notes V&A Waterfront rebound, improving fundamentals for industrial, retail sectors

International property company Growthpoint Properties has reported a 1.3% year-on-year increase in distributable income per share to 157.6c for the financial year ended June 30. Revenue increased... 

Mining of dumps, exploration ongoing at Marsfontein project

Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa,... 

HyProMag to participate in project to develop UK circular supply chain for wind turbine rare-earth magnets

Resources development company Mkango Resources reports that rare-earth magnetic recycling company HyProMag, in which it owns a majority stake, is collaborating with EMR, the Offshore Renewable... 

Critical Mineral Resources expanding its portfolio

Clean energy commodities exploration and development company Critical Mineral Resources (CMR) on September 12 provided its first operational update since acquiring its Moroccan subsidiary Atlantic... 

Just Share reports slow progress on gender diversity in leadership roles at JSE Top 40

Nonprofit organisation Just Share has released the results of a study assessing gender equality at board and executive level at the JSE Top 40. “While women make up 46% of South Africa’s... 

Lack of ‘active enforcement’ of the law to tackle illegal mining decried

The intervention of the government and the South African Police Service (Saps) is crucial for enforcing the implementation of the Mineral and Petroleum Resources Development Act (MPRDA),... 

Survey shows improved Southern African private equity performance

Management consulting company EY Africa private capital leader and partner Graham Stokoe on September 7 discussed key findings of the Southern African Venture Capital and Private Equity... 

Climate change, regionalisation to impact on global steelmaking

Global body World Steel Association director-general Dr Edwin Basson contends that signficant trends such as climate change and the need to decarbonise industrial activity, as well as...