Emira records solid interim performance

JSE-listed Emira Property Fund is on track to achieve its objectives for the full 2026 financial year, the company highlights in a pre-close operational update for the four months ended July 31... 

Discovery Green signs PPA with Red Rocket for Mpumalanga solar farm

Discovery’s renewable-energy business Discovery Green has signed a 20-year power purchase agreement (PPA) with independent power producer Red Rocket for the Tournee solar park, a 300 MW solar farm... 

York Timber reports higher earnings, revenue

JSE-listed lumber and agriculture company York Timber’s revenue for the year ended June 30 increased by 14% year-on-year to R1 995-million. Adjusted earnings before interest, taxes, depreciation... 

Wesizwe’s expenditure costs rise, losses widen

JSE-listed Wesizwe Platinum’s Administration expenditure for the year ended December 31, 2024, increased by R70.2-million to R98-million from R27.8-million year-on-year. Provision for legal claims... 

Gibela Rail appoints Reggie Boqo CEO

The Gibela Rail Transport Consortium has appointed Reggie Boqo CEO, effective October 1. The consortium is a South African rail company pursuing the revitalisation of passenger rail. Established in... 

Gemfields’ interim earnings fall

Further to an operational update for the six months June 30, published in July, Gemfields has released a trading statement ahead of the release of its interim results on September 26, with CEO Sean... 

GoviEx submits ESIA for Zambia project

TSX-V-listed GoviEx Uranium has filed the environmental- and social-impact assessment (ESIA) report for its Muntanga uranium project, in Zambia, with the Zambia Environmental Management Agency... 

Rosh Pinah Zinc secures $150m for Namibia expansion project

Mining company Rosh Pinah Zinc (RPZ) has secured a $150-million debt facility underwritten by Standard Bank to finance the development of its expansion project, RP2.0, at its underground mine in... 

Genmin, Sinohydro progressing Gabon project

ASX-listed Genmin has achieved further progress in its collaboration with Sinohydro Corporation, a majority owned subsidiary of Chinese State-owned integrated engineering and construction... 

Remgro declares higher dividend on good performance by most of its portfolio

Diversified investment holding company Remgro has announced strong results for the financial year ended June 30, supported by sustained momentum in the group’s underlying portfolio of investee... 

Caledonia reports Blanket fatality

Gold miner Caledonia Mining reports that a person has died following an accident related to secondary blasting at its Blanket mine, in Zimbabwe, on September 22. The company says its immediate... 

York Timbers’ earnings improve

JSE-listed Lumber and agriculture company York Timbers expects to report earnings a share of between 67.87c and 68.51c for the financial year ended June 30, an increase from the restated amount of... 

Heraeus explores implications of US Fed cut on precious metals

Falling interest rates may be supportive of precious metal prices in the medium term, particularly if inflation holds up and real interest rates turn negative, global technology group Heraeus... 

Harena chairperson Murphy moves into an executive leadership role

London-listed Harena Resources has appointed Ivan Murphy as executive chairperson, effective October 1. In his capacity as nonexecutive chairperson of Harena, Murphy has already led the company’s... 

South Africa must continue trade diversification, economic transformation efforts – BLSA

Regardless of whether South Africa achieves a breakthrough in trade negotiations with the US or must navigate continued barriers, the country must look to bolster trade diversification efforts. The... 

Valterra highlights processing assets' edge

Platinum group metals (PGM) mining group Valterra Platinum’s vertically integrated processing value chain – with processing assets that are “the largest and most technologically advanced” in the... 

New Lesotho Highlands Water Project Phase II assurances following setbacks

The second phase of the Lesotho Highlands Water Project (LHWP) is achieving “rapid progress”, despite running into considerable delays, challenges and cost increases, with notable milestones having... 

New Lesotho Highlands Water Project Phase II assurances following setbacks

The second phase of the Lesotho Highlands Water Project (LHWP) is achieving “rapid progress”, despite running into considerable delays, challenges and cost increases, with notable milestones having... 

Itac recommends temporary duty waiver for stainless steel tubing

The International Trade Administration Commission of South Africa (Itac) has recommended that a temporary rebate provision be created for the importation of stainless steel tubing used in the... 

Libstar achieves strong interim performance, despite headwinds

Food company Libstar delivered its strongest first-half performance since 2022 in the six months ended June 30, supported by volume growth, cost optimisation and improved operational efficiencies.... 

Blencowe raises £1.12m to advance Uganda project

London-listed Blencowe Resources, which is advancing the Orom-Cross graphite project, in Uganda, has completed an aggregate fundraise of £1.12-million through a placing of £1.02-million and the... 

Mantengu moves to acquire stake in PGM tailings processing operation

JSE-listed Mantengu has entered into a binding term sheet to acquire 100% of the ordinary shares of New Salt Rock City (NSRC), which owns 60% of Kilken Platinum, which, in turn, owns 70% of the... 

Gemfields reports strong demand for Kagem emeralds in September auction

Gemstone miner Gemfields earned revenue of $32-million from an auction of higher-quality rough emeralds recovered from its 75%-owned Kagem emerald mine, in Zambia. The auction was held from August... 

Optix showcases solutions for enhanced driver safety

Driver behaviour management and fleet optimisation service provider Optix Africa on September 11 hosted the first leg of its Future Vision conference, in Sandton, during which the company showcased... 

OMV launches new milling facility in Mpumalanga

Aggregate supplier OMV on September 9 launched its new Valkenburgh milling facility at its plant in Witbank, Mpumalanga. The company’s Witbank’s site was previously a storage and trans fill... 

West Wits secures approval for $12.5m loan facility

ASX- and OTCQB-listed West Wits Mining has received investment committee approved terms for an initial $12.5-million loan facility from Nebari Natural Resources Credit Fund II, subject to the... 

Thor Explorations acquires full interest in Douta project, acquires Bousankhoba permit

Aim- and TSX-V-listed Thor Explorations has signed a binding sale and purchase agreement with its Douta project joint venture (JV) partner International Mining Company (IMC) to acquire IMC’s entire... 

B20 recommendations offer roadmap for country’s turnaround – BLSA CEO

South Africa has the opportunity to leverage its G20 hosting role by implementing B20 recommendations domestically, turning global policy insights into immediate economic interventions, business... 

Alphamin appoints two nonexec directors

JSE- and TSX-V-listed Alphamin Resources has appointed Ziad Mikhael and Salman Bhatti as nonexecutive directors, at the request of its majority shareholder Alpha Mining, a subsidiary of... 

Lucara, UMS commemorate final production shaft blast, safety milestones at Karowe Mine

Toronto-listed Lucara Diamond, along with its shaft sinking contractor in the project, United Mining Services (UMS), on September 4 hosted a final production shaft blast ceremony and safety... 

Electricity Minister lauds Seriti Green’s Ummbila Emoyeni renewable-energy project

Electricity and Energy Minister Dr Kgosientsho Ramokgopa on August 14 visited Seriti Green’s flagship Ummbila Emoyeni renewable-energy project in Mpumalanga, highlighting it as an exemplar for the... 

Joburg’s Rosebank Mall gets integrated energy project

Retail-focused real estate investment trust Hyprop Investments on August 12 launched the Rosebank Mall energy project, an integration of solar PV, battery storage, grid supply and generator backup,... 

Marikana Renewal Programme marks progress, but several matters around massacre still unresolved

While the Marikana Renewal Programme has made some progress in addressing the impacts of the Marikana massacre, there is still more work to be done, with some issues outstanding, families still... 

Creamer Media among engineering excellence award winners

Creamer Media was among the winners of the Consulting Engineers South Africa (CESA) Aon Engineering Excellence Awards 2025, held on August 21 at Vodacom World, in Midrand. Hosted by member... 

Seriti Power Community Trust invests R19m in early childhood development centres

The Seriti Power Community Trust has invested R19-million in early childhood development (ECD) infrastructure across Mpumalanga and the Free State. Currently, 543 learners are enrolled and... 

Wesizwe appoints Banhu Zhang CEO, augments board

Banhu Zhang has been appointed CEO and executive director of JSE-listed Wesizwe Platinum, with effect from August 21. Moreover, Daqiang Pang, Yulong Tian and Kaiyu Kang have been appointed... 

Transnet, Hotazel Manganese Mines sign 10-year export agreement

State-owned Transnet and Hotazel Manganese Mines (HMM), a joint venture operated by a wholly-owned subsidiary of South32, have signed a ten-year contract under the third phase of the Manganese... 

PPC subsidiary to dispose of Zimbabwe property for $30m

JSE-listed PPC has, through its 88%-held subsidiary PPC Zimbabwe (PPCZ), concluded an agreement for the disposal of vacant immovable property situated in the District of Salisbury, Zimbabwe, known... 

Premier to raise £1.38 m to fund Zimbabwe project

London-listed Premier African Minerals has announced a subscription to raise £1.38-million, before expenses, for its Zulu lithium and tantalum project, in Zimbabwe. The company’s principal priority... 

Andrada completes construction of jig plant at Uis mine

London-listed Andrada Mining has completed construction of the second processing, or jig, plant at its flagship Uis mine, in Namibia, on time and within budget. Commissioning of the jig plant will...