Koryx announces upsized bought deal public offering of C$17m

TSX-V-listed Koryx Copper has entered into an amended agreement with Stifel Nicolaus Canada to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, to increase the... 

PMC, LH Marthinusen launch robotics, coding initiative at a local high school

Copper miner Palabora Mining Company (PMC) and transformer manufacturer LH Marthinusen (LHM) have partnered to establish a fully equipped robotics and coding classroom at Frans du Toit High School,... 

Akobo reports 10 kg gold production for May/June

Ethiopia-focused gold producer Akobo Minerals has published its final operational update for June, noting that overall results exceeded the company’s previous May/June expectations of 10 kg, taking... 

Copper demand growth to continue on the back of traditional and new applications

Global copper demand is projected to grow by 40% to 2040 with demand being driven not only by the global energy transition and digital transformation, but also by other factors. Speaking in a panel... 

Economist forecasts global economic growth to slow to 2.2%

With US President Donald Trump having recently sent various countries letters setting out their new tariff rates, expected to go into effect on August 1, Fitch Solutions unit BMI chief economist... 

Manufacturing production increased by 0.5% y/y in May – Stats SA

After six consecutive months of year-on-year declines, Statistics South Africa (Stats SA) has reported that manufacturing output turned positive in May, increasing by 0.5% year-on-year. Stats SA... 

Oriole announces maiden Jorc exploration target for Mbe

Aim-listed Oriole Resources has published a maiden Joint Ore Reserves Committee-compliant exploration target for its 90%-owned Mbe orogenic gold project, in Cameroon. Independent consultant Forge... 

Solar PV industry reaffirms commitment to energy security

Following the South Africa Photovoltaic Industry Association’s (SAPVIA’s) AGM on July 3, the industry body says the South African solar PV industry has recommitted itself to being an active... 

Arkle granted a third lithium prospecting licence in Botswana

Aim-listed Arkle Resources has been awarded a prospecting licence in the Makgadikgadi Salt Pans, in north-eastern Botswana, which the company aims to use to discover lithium in the brines. The... 

Trade conditions steady, but uneasy – Sacci

As the trade environment experiences tensions caused by global trade uncertainty and local subdued economic performance and high levels of unemployment, the South Africa Chamber of Commerce and... 

Sakeliga, Neasa lodge legal challenge against Employment Equity quotas

Business organisation Sakeliga and the National Employers' Association of South Africa (Neasa) have jointly filed an urgent application for an interdict against the implementation of the 2025... 

Global platinum jewellery market rebounds amid surging demand in China, resilience in key markets

Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared findings from... 

Numsa to gauge member support for a strike at Gautrain

The National Union of Metalworkers of South Africa (Numsa) will be balloting its members employed at Gautrain to decide whether to proceed with strike action. Wage negotiations between Numsa and... 

Physically-backed gold ETF inflows reached $38bn for the first half

The World Gold Council (WGC) has reported that global physically-backed gold exchange-traded funds (ETFs) saw inflows of $38-billion during the first half of this year, marking the strongest... 

Ivanhoe reports 11% y/y increase in copper production at Kamoa-Kukula

TSX-listed Ivanhoe Mines has reported that Phase 1, 2 and 3 concentrators at its Kamoa-Kakula complex, in the Democratic Republic of Congo (DRC), milled a total 3.62-million tonnes of ore,... 

Askari acquires advanced brownfield gold project in Ethiopia

ASX-listed Askari Metals has entered into an agreement to acquire the advanced Nejo gold project, in Ethiopia, through the acquisition of 100% of the issued  capital of Hong Kong-based Xingxu... 

Tertiary Minerals to embark on another drill programme at Mushima North

Aim-listed Tertiary Minerals will embark on a drill programme of up to 1 500 m of air core (AC) and reverse circulation (RC) drilling at Target A1 of the Mushima North project, in Zambia. The drill... 

Solarise Africa commissions Northern Cape solar irrigation project

Pan-African energy-as-a-service provider Solarise Africa has commissioned the Idstone Vaalboskop irrigation solar variable speed drive (VSD) project – a transformative solar-powered irrigation... 

Orion raises funds to advance Prieska, Okiep development

Australia- and Johannesburg-listed Orion Minerals has secured firm commitments for a placement of new fully paid ordinary shares to sophisticated and professional investors and loan conversions for... 

Zeus completes acquisition of Casablanca antimony project

ASX-listed Zeus Resources has completed its acquisition of a portfolio of six exploration licences comprising the Casablanca antimony project, in central Morocco, following satisfactory completion... 

Twiga partnership continues to deliver growth, shared value – Barrick

Five years after its formation, the Twiga partnership between TSX-listed Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development,... 

Hands-on approach used for dewatering

With an emphasis on hands-on technical support, dewatering pump and dredging specialist IPR (Integrated Pump Rental) provides custom solutions for clients to efficiently tackle dewatering... 

Tongaat Hulett reports turnaround in mill performance

Tongaat Hulett has confirmed that its three South African mills –­ Maidstone, Amatikulu and Felixton – have ranked as the top three nationally for sugar recovery in the current sugar milling season... 

Ramokgopa to attend SADC meeting on energy and water

Electricity and Energy Minister Dr Kgosientsho Ramokgopa is set to attend the upcoming Joint Meeting of Ministers responsible for energy and water sectors, hosted by the Southern African... 

Sungrow, WBHO collaborate on sub-Saharan Africa’s largest renewable-energy project

Global inverter and energy storage system provider Sungrow, is partnering with South African construction group WBHO in sub-Saharan Africa’s largest renewable energy project. Sungrow says its... 

Caracal secures $1m loan facility

London-listed Caracal Gold has secured interim funding of $1-million through a convertible loan facility from a group of lenders comprising existing German-based financiers and Gathoni Muchai... 

Turaco to sell another project as it focuses on Afema

ASX-listed Turaco Gold has entered into share sale and purchase agreements with fellow ASX-listed Santa Fe Minerals for the divestment of its interest in the Satama granted exploration permit and... 

SQM Lithium Ventures invests $3m in electric cargo bike developer

SQM Lithium Ventures, the corporate venture capital arm of SQM International Lithium, has announced its investment of $3-million in Vok Bikes, an Estonia-based startup developing next-generation... 

App seeks to help people learn more about Southern Africa’s frogs

North-West University (NWU) Environmental Sciences and Management Unit Professor Louis du Preez and herpetologist Vincent Carruthers have developed an app, Frogs of Southern Africa, to help people... 

Wood advances rare earth elements project in Mongolia

Global consulting and engineering firm Wood has been selected by the Mongolian National Rare Earth Corporation (MNREC) to deliver a definitive feasibility study for its Khalzan Buregtei rare earth... 

Ariana identifies new gold anomaly next to Dokwe North

Aim-listed Ariana Resources has reported a significant 500-m-long gold-in-soil anomaly, identified 125 m along strike of the planned Dokwe North pit rim at its Dokwe gold project, in Zimbabwe,... 

Federation calls for concerted efforts to tackle illicit alcohol trade

Amid a growing illicit alcohol trade in South Africa, now worth about R25.1-billion, the Drinks Federation of South Africa (DF-SA) has called for urgent national cooperation to address the scale,... 

Johannesburg Chamber of Commerce welcomes new president

The Johannesburg Chamber of Commerce (JCCI) has appointed Caren Sutherns as its new president, following a successful AGM held on June 25. Sutherns takes over the leadership from Connie Mashaba,... 

Kodal signs offtake agreement for Bougouni concentrate

London-listed Kodal Minerals has signed an offtake agreement for the spodumene concentrate produced by the Stage 1 dense media separation (DMS) processing plant at its Bougouni lithium project, in... 

Pensana completes extended processing plant area at Longonjo

Rare earths developer Pensana has reported that the completion of the extended processing plant plot area on its Longonjo rare earths refinery project, in Angola, lays the groundwork for... 

West Wits signs senior loan facility agreements to advance Qala Shallows

ASX-listed West Wits Mining has executed definitive legal agreements for a senior syndicated loan facility of up to R875-million to fund the development of the Qala Shallows gold project, the first... 

NWU Policy Uncertainty Index improves but remains in negative territory

The North West University (NWU) Business School has revealed that its Policy Uncertainty Index (PUI) for the second quarter of this year has eased to 75.9 compared with its record high of 78.6 in... 

ECSA and City of Tshwane sign agreement to enhance municipal engineering services

The Engineering Council of South Africa (ECSA) has entered a strategic collaboration with the City of Tshwane, marked by the signing of a memorandum of agreement (MoA) at the Tshwane Leadership and... 

World Bank, IAEA formalise partnership to collaborate on nuclear energy for development

The World Bank Group and the International Atomic Energy Agency (IAEA) have agreed to collaborate on supporting the safe, secure and responsible use of nuclear energy in developing countries. The... 

Collaboration, digitisation, leadership key to enhancing health and safety initiatives

Workplace-related injuries continue to remain a challenge in South Africa, but collaboration, digitisation and hands-on leadership can play an important role in promoting a culture of safety. This...