AfDB approves $9.72m grant to modernise African hydropower

The African Development Bank- (AfDB)-managed Sustainable Energy Fund for Africa (SEFA), on November 21, approved a $9.72-million grant to scale up the Africa Hydropower Modernisation Programme... 

MC Mining receives revised takeover offer for all outstanding shares

JSE-, ASX- and Aim-listed emerging developer and producer MC Mining reports that it has received a non-binding and indicative off-market takeover offer to acquire all its outstanding shares by a... 

Implats reports illegal underground protest at Bafokeng Rasimone mine

Platinum major Impala Platinum (Implats) is closely monitoring an illegal underground protest, which started on the morning of December 18, at both the North and South shafts of the Bafokeng... 

Nersa grants Envusa Energy trading licence

The National Energy Regulator of South Africa (Nersa) has approved an electricity trading licence for Envusa Energy – a joint venture between diversified miner Anglo-American and renewable energy... 

Tirupati makes second payment for Suni Resources

LSE-listed specialist flake graphite producer Tirupati Graphite, with projects in Mozambique and Madagascar, has issued of 6.56-million shares to ASX-listed gold and copper explorer and developer... 

Egoli Gas increases conversion rebates for terminated clients

Johannesburg gas supplier Egoli Gas has increased conversion rebates applicable to clients in the Kensington and surrounding areas affected by its decision to permanently terminate its services to... 

DMRE extends public commentary for draft SANPC Bill

The Department of Mineral Resources and Energy (DMRE) has extended the timeframe for submissions of public comments on the draft South African National Petroleum Company (SANPC) Bill, published in... 

Tower Resources contracts drill rig for 2024 well development

Aim-listed oil and gas company Tower Resources has executed a contract with Borr Drilling for the hire of the Norve jack-up rig, one of Borr's fleet of high-specification drilling units, to drill... 

Implats to carry out independent investigation of fatal conveyance incident

Platinum group metals major Impala Platinum (Implats) has been instructed by the Department of Minerals and Energy (DMRE) to commission an independent investigation into the fatal incident that... 

Bushveld enters into $3.7m sale agreement for Mokopane project

Aim-listed primary vanadium producer Bushveld Minerals has entered into a definitive agreement to sell 64% of its issued shares in Pamish Investments No. 39 (known as the Mokopane project), to... 

Jubilee completes £13m fundraise to progress Zambian copper interests

Diversified metal recovery and production company Jubilee successfully closed a placing of 236-million new ordinary shares on December 15, taking the total gross proceeds of the placing from the... 

Solar-powered e-truck sets new altitude record

A team of explorers – the Gebrüder Weiss Peak Evolution Team – followed through on successfully setting a new world altitude record for electric vehicles after driving an electric truck to an... 

Construction of 216 MW solar, 500 MWh battery plant starts

The construction of a major hybrid renewables project in South Africa, comprising a 216 MW solar plant and a 500 MWh battery storage system to manage the intermittency of solar production, has been... 

Seventh RMIPPPP project reaches legal close

A seventh preferred bidder under the Department of Mineral Resources and Energy’s (DMRE’s) Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) – the ACWA Power Project DAO –... 

Zimbabwe mine sets production record

The Zimbabwe-based Blanket gold mine continues to perform in line with the expectations of operator Caledonia Mining Corporation, having set a new quarterly production record in the third quarter... 

Swiss team to attempt record high-altitude drive with solar truck

In an attempt to set a new world record for driving a wheeled vehicle to the highest altitude possible, a team of three men from Switzerland are preparing to reach the summit of the Ojos Del Salado... 

SA’s wind-energy potential is vast and not geographically constrained

Despite no wind energy projects being selected as preferred bidders in the sixth bid window (BW6) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the South... 

SA’s wind-energy potential is vast and not geographically constrained

Despite no wind energy projects being selected as preferred bidders in the sixth bid window (BW6) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the South... 

Solid foundations required for successful community trusts

Several factors can play a key and determining role in the success of mining companies’ efforts to improve environmental, social and governance credentials, especially as it relates to the... 

Advancing bolt load measurement

Ensuring the reliability of bolted connections is vital for safety, performance and operational efficiency in mining and engineering applications, leading to bolt technology developer InterBolt... 

Miners increasingly focusing on green energy

Miners operating in Africa are increasingly shifting focus towards improving their environmental, social and governance (ESG) practices, including endeavours to incorporate renewable-energy... 

Cape Town earmarks R1.2bn for Steenbras peaker plant maintenance and expansion

The City of Cape Town’s ‘Building Hope’ budget for 2023/24 proposes continued investment in its Steenbras hydroelectric pumped storage scheme, laying the foundation for a potential estimated... 

Africa utilising only a tiny proportion of its renewable-energy resources – foundation

As the majority of the world embraces a shift in electricity generation away from fossil fuels towards greener, renewable sources of energy, Africa faces several challenges in attracting investment... 

Demand for untethered trains set to rise ‘rapidly’

Demand for “untethered” electric trains will increase rapidly over the coming years, with sales to grow four-fold year-on-year to reach over 100 deliveries this year, according to a report by... 

Business interruption, disruption, natural catastrophes main risks for construction, engineering firms – Allianz

Business interruption, supply chain disruption and natural catastrophes rank as the top risks facing the construction and engineering sector, followed most recently by the energy crisis, according... 

Disruptions impact Blanket mine’s first-quarter production

NYSE- and Aim-listed gold miner Caledonia Mining produced 13% less gold year-on-year from its flagship Blanket mine, in Zimbabwe, at 18 515 oz in the first quarter of the year as a result of... 

With oversubscribed listing in hand, Copper 360 ready to ramp up Northern Cape operations

With a recent oversubscribed private placement of shares totalling R152-million, South Africa’s only pure copper play Copper 360 has raised enough capital to see it through at least a... 

Collapse in rail service has increased road freight volumes and risks

A spate of attention-grabbing road safety incidents involving trucks has sparked debate about the state of land transport in South Africa and brought the safety of trucks and their operators into... 

Collapse in rail service has increased road freight volumes and risks

A spate of attention-grabbing road safety incidents involving trucks has sparked debate about the state of land transport in South Africa and brought the safety of trucks and their operators into... 

Absa partners with BAIC South Africa on vehicle finance solutions

Financial services provider Absa has entered into a vehicle finance alliance agreement with local subsidiary of the Beijing Automotive Group, BAIC South Africa (BAIC SA), as the vehicle... 

Implats acquires another 1.07m RBPlat shares

JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has acquired an additional 1.07-million shares in fellow PGMs miner Royal Bafokeng Platinum (RBPlat) – representing 45.09% of... 

R400m energy fund launched to help finance backup power solutions for SMEs

Small and medium-sized enterprise (SME) financier Business Partners has launched a R400-million Energy Fund aimed at helping SMEs finance viable sources of alternative electricity and thereby keep... 

Centamin lifts revenue, production in first quarter

LSE- and TSX-listed gold miner and explorer Centamin produced 14% more gold year-on-year in the first quarter of this year at 105 875 oz, while its revenue increased by 18% year-on-year to... 

Nampak appoints interim CEO after Smuts resigns

Packaging company Nampak reports that board member and CEO Erik Smuts has resigned, with effect from April 20, and will be succeeded, on an interim basis, by current restructuring committees... 

Untapped renewable resources in Africa should receive more attention – RES4Africa

As the majority of the world embraces a shift in electricity generation away from fossil fuels towards greener, renewable sources of energy, Africa faces several challenges in attracting investment... 

Copper 360 raises R152.5m ahead of AltX listing

Ahead of its upcoming AltX listing on the JSE on April 21, JSE-listed copper miner Copper 360 raised R152.5-million by April 18 at an oversubscription rate of 1.3 times. Copper 360 has a dozen... 

City of Cape Town earmarks R1.2bn for Steenbras peaker plant upkeep

The City of Cape Town’s ‘Building Hope’ budget for 2023/24 proposes continued investment in its Steenbras hydroelectric pumped storage scheme, laying the foundation for a potential estimated... 

Latest assays uncover best gold intercepts to date at Osino’s Namibia project

TSX-V-listed gold explorer and developer Osino Resources has made the “best intercepts recorded in the company’s history” at its Ondundu gold project, in Namibia, following recently completed... 

Domestic perseverance keeps business confidence afloat, Sacci reports

After having shed 4.4 index points in January and one index point in February, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) declined by a further 0.6... 

Implats increases stake in RBPlat to 44.72%

JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has concluded agreements to acquire a further 690 736 shares in fellow PGMs miner Royal Bafokeng Platinum (RBPlat),...