Aterian proves copper/silver mineralisation at Morocco project

LSE-listed Aterian has announced the completion of a scout reverse circulation (RC) drilling programme at its 100%-owned 34.5 km2 Agdz copper/silver project, in Morocco's eastern Anti-Atlas... 

PPC reports continued decline in revenue from March to July

JSE-listed cement company PPC has reported a 2.1% decline in revenue for the four months ended July 31, compared with the same period last year. The decline follows PPC’s recent efforts to... 

Barrick awards Metso €70m contract for copper processing technology at Lumwana

Gold and copper miner Barrick Gold has awarded mineral processing technology company Metso an order for the supply of copper concentrator plant equipment to its Lumwana expansion project in the... 

Amazon launches Shop Mzansi storefront to support local products

Online retailer Amazon.co.za has launched ‘Shop Mzansi’ – a curated storefront on Amazon.co.za showcasing unique local products that reflect South Africa’s diverse cultures. Shop Mzansi features... 

First Egg Master Plan project hatched in Gauteng West Rand

Gauteng Agriculture and Rural Development MEC Vuyiswa Ramokgopa has launched the first Egg Master Plan project, the Shumbaset egg packing station, in the Gauteng West Rand. The project will involve... 

OPEC Fund signs off on $65m clean energy and infrastructure development financing for Madagascar

The Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development has signed off on two financing agreements with Madagascar totalling $65-million to boost support for... 

Emmerson CFO resigns as Khemisset project seeks environmental approvals

London-listed potash developer Emmerson CFO Jim Wynn has resigned to pursue another opportunity elsewhere, the company revealed on September 27. Wynn, who joined the company in February 2022, will... 

Mining industry shed nearly 7 000 jobs in the second quarter

The mining sector shed 6 926 jobs in the second quarter, according to Statistics South Africa’s latest Quarterly Employment Statistics (QES), bringing the total number of workers still employed in... 

Chrome shipments below Maputo corridor capacity

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 

Wärtsilä renews operations and maintenance agreement with Zambian energy company

Technology group Wärtsilä has signed a renewal of its operations and maintenance (O&M) agreement covering the 105 MW power plant owned by independent power producer Ndola Energy Company in Zambia.... 

ICMM publishes guidance on safe transportation of critical minerals

Nonprofit organisation ICMM has published updated guidance for improving accurate hazard assessment of ores and concentrates during maritime transportation and reducing hazard-related risks.  The... 

Andrada reports higher ore production, processing in midyear update

Aim- and OTCQB-listed Andrada Mining has reported year-on-year increases in ore production and processing in its unaudited operational update for the first six months and the second quarter of its... 

Barloworld characterises 11-month performance as ‘resilient’ despite overall decline

Diversified industrial company Barloworld has reported a 7.4% decline in group revenue from R40.4-billion to R37.4-billion for the 11 months ended August 31, compared with the same period last... 

Macpherson, AGSA commit to working together to iron out DPWI financial mismanagement

Following a meeting between Public Works and Infrastructure Minister Dean Macpherson and the Auditor-General of South Africa (AGSA) on September 25, the two parties have committed to working... 

AFC signs concession agreements with Angola, Zambia to advance Lobito rail project

Infrastructure financier Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the... 

TNPA puts out tender for LNG terminal environmental-impact assessment

State-owned Transnet subsidiary Transnet National Ports Authority (TNPA), in collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corporation, has approached the... 

Civil confidence index reaches eight-year high in the third quarter

After having slipped to 44 in the second quarter of this year, the FNB/Bureau for Economic Research (BER) Civil Confidence Index reached an eight-year high of 50 in the third quarter. According to... 

Hensoldt launches new long-range surveillance solution for ground-based applications

Defence and security technology company Hensoldt South Africa has launched its new Bushbaby 200 long-range surveillance solution for ground-based applications, which features a day camera, range... 

Combatting resurgence of Somali pirate activity requires holistic approach, expert says

Maritime piracy along the Somali coast is seeing something of a resurgence in 2024 because the root causes on land have gone largely unaddressed and international support has declined,... 

South West Arkansas lithium project in final negotiations for $225m govt award

US-based company SWA Lithium, which is a jointly owned subsidiary of TSX- and NYSE-listed near-commercial lithium developer Standard Lithium and energy company Equinor, has been selected for up to... 

Urbix to get $125m from US govt to fund graphite processing facility

US-based graphite processing technology developer Urbix has been selected by the US Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) for final negotiations for an... 

Defence industry CEO calls for PPPs to fund SANDF projects

The CEO of the South African Aerospace, Maritime and Defence Industries association, Sandile Ndlovu, has called for the use of public-private partnerships (PPPs) to help fund defence projects in... 

Hensoldt launches advanced South African-made airborne imaging system

Defence and security company Hensoldt has launched its new-generation airborne imaging system, the Argos-15, at the African Aerospace and Defence trade show and exhibition at Air Force Base... 

Armscor needs to reevaluate its deliverables in light of constrained budget, Mostshekga says

Of the R51.8-billion budget allocated to the Department of Defence and Military Veterans (DDMV) for the current financial year, R1.4-billion has been allocated to the Armaments Corporation of South... 

Terrorist-controlled drones in Africa pose real and present threat

Unmanned aerial vehicles (UAVs) are rapidly becoming a key part of insurgent arsenals across the African continent, Stellenbosch University faculty of arts and social science vice dean of research... 

1.25m coal jobs could be lost globally by 2035, report says

Research firm McKinsey’s inaugural ‘Global Materials Perspective’ report shows that, while the green energy transition could generate 340 000 global jobs to scale critical minerals and metals... 

Motshekga praises decision to bring Denel under the wing of the Defence dept

Defence and Military Veterans Minister Angie Motshekga has praised President Cyril Ramaphosa’s “wise” decision to bring State-owned enterprise (SOE) Denel under the wing of the Ministry of Defence... 

SAB reiterates calls for revised approach to excessive beer excise tax increases

Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South... 

BRICS Business Council working groups offer updates on work in the year-to-date

The BRICS Business Council has provided an update on its work thus far this year, reflecting on progress made and the challenges posed by the inclusion of Egypt, Ethiopia, Iran and the United Arab... 

Transparent solar glass for generating power from building facades launched in South Africa

Through a collaboration between Australian glass solar technology developer ClearVue and local technology distributor Concept Business Solutions, a novel transparent glass solar panel technology... 

TFR’s maintenance outlay below half of requirements

State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements.... 

Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated... 

A quarter of Redefine’s property portfolio to be powered by renewables by end-2025

JSE-listed real estate investment trust (Reit) Redefine Property has revealed that its total renewable-energy component, which includes wheeling and further expansion of its rooftop solar PV... 

Resolute reports 30% increase in mineral resource estimate at Tomboronkoto

ASX- and LSE-listed Resolute Mining has reported a significant increase in the total contained gold at its Tomboronkoto project, in Senegal. The new estimate shows an increase of at least 30% from... 

Brandberg West initial drill results indicate presence of tin, tungsten, copper

Aim- and OTCQB-listed Andrada Mining has announced that its inaugural drilling programme at the historical Brandberg West mine has intersected mineralisation containing tin, tungsten and copper,... 

Hope for South African ferroalloys industry despite green transition challenges

Department of Mineral and Petroleum Resources* beneficiation economics director Kagiso Menoe has said that, despite the challenges brought about by the global green transition, government's outlook... 

Not enough chrome shipments to fill Maputo corridor capacity, TFR says

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 

Investors take up Kropz’s REX retail offer

Aim-listed phosphate producer Kropz has confirmed that retail investors have conditionally subscribed to 243 118 ordinary shares through the REX retail offer launched earlier this month.... 

Bushveld embarks on cost cutting initiatives, including retrenchments

Aim-listed Bushveld Minerals has begun work on cost cutting initiatives and development works to return the company to profitability and secure Bushveld's long-term future. The company said on... 

AngloGold notes ‘enormous geological potential’ in Egypt as it moves to acquire Centamin

The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125...