Bannerman confident about market conditions, cash flexibility as it nears final investment decision on Etango

ASX-listed Bannerman Energy says it is progressing towards a final investment decision on the Etango uranium project, in Namibia, with a strong cash position and favourable market conditions. The... 

EIB backs vaccine development in Rwanda

EU investment institution the European Investment Bank (EIB) will provide €2-million in financing for early-stage vaccine development in Rwanda. The financing, which will be provided to Akagera... 

PwC urges more collective climate resilience action as emissions increase

As the global decarbonisation decrease rate was only 1.02% in 2023, falling short of the average yearly decrease of 1.43% between 2000 and 2023 and far short of the required rate of 20% to keep... 

Metals Focus forecasts strong gold price for 2025

Precious metals consultancy Metals Focus expects spot gold prices to reach new all-time highs of about $3 000/oz in 2025 on the back of further interest rate cuts, geopolitical concerns and... 

Emmerson mulls next steps as updated ESIA may not be approved

After submitting an updated environmental- and social-impact assessment (ESIA) incorporating optimisations from its Khemisset Multimineral Process (KMP), London-listed potash developer Emmerson has... 

Industry, govt mourn the loss of public service titan Mboweni

Condolences have streamed in from the business, academic and government spheres following the death of former Finance Minister Tito Mboweni at the weekend. Finance Minister Enoch Godongwana... 

Manufacturing records contraction in overall output for August

Statistics South Africa reports that the country’s manufacturing production decreased by 1.2% year-on-year in August, with the largest negative contributors having been motor vehicles, parts and... 

Giyani retains most prospective licences in Botswana with new promising targets

TSX-V-listed Giyani Metals Corporation has identified multiple new manganese oxide ore targets at its K.Hill project, in Botswana. The company has also successfully renewed six of its seven... 

Mining output increases slightly in August

Statistics South Africa (Stats SA) reports that mining production increased by 0.3% year-on-year in August, with the largest positive contributors having been manganese, platinum group metals... 

DC Foods grows on back of Agoa-enabled US market access

As South Africa awaits a decision on the renewal or expiry of its participation under the African Growth and Opportunity Act (Agoa) – a preferential trade agreement between select African countries... 

Tharisa records highest ever full-year chrome production at 1.7Mt

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa increased its PGM production to 145 100 oz for the financial year ended September 30, from the 144 700 oz... 

Steenhuisen vows more targeted approach to resolving food security challenge

About 20-million South Africans, or 63% of households, are food insecure, Agriculture Minister John Steenhuisen revealed at the unveiling of the results of the National Food and Nutrition Security... 

AMIE bemoans costly inefficiencies for meat import permits following BMA changes

The Association of Meat Importers and Exporters (AMIE) has raised concern about the significant delays in the issuance of meat import removal permits, stating that the process used to take two days... 

Anglo continues to coordinate impact investment network for stakeholders

Diversified miner Anglo American on October 8 and 9 hosted its third impact investment event highlighting the efforts of its Impact Finance Network (IFN), which has successfully supported... 

SolarBot device mitigates growing issue of unoptimised solar systems

Home energy management company Plentify says its partnership with solar and electrical solutions installer Herholdts to distribute its SolarBot devices in South Africa, has helped customers to gain... 

CGA says there is no ‘greening’ disease threat for South African citrus

The Citrus Growers’ Association of Southern Africa (CGA) has dispelled media reports claiming the citrus industry and European trade are being threatened by a new greening disease. The disease... 

Yellow Door Energy inaugurates large solar microgrid at farm in Limpopo

Independent power producer (IPP) Yellow Door Energy (YDE) has inaugurated a large solar PV and battery energy storage microgrid system at a commercial farm of Waterberg Boerdery, in Limpopo.... 

South African, Botswana Ministers vow to simplify trade

The governments of South Africa and Botswana have committed to strengthening economic ties between the two countries and reducing barriers that impede the free flow of goods. During a meeting... 

Mavuso lauds Operation Vulindlela progress with Transnet

As government continues to drive structural reforms through Operation Vulindlela, Business Leadership South Africa CEO Busi Mavuso says in her latest newsletter that private sector participation... 

Pasofino announces capital raise

Aim-listed Hummingbird Resources’ subsidiary Pasofino Gold has launched a private placement to raise $2.5-million for advancing the Dugbe gold project, in Liberia. The company will also use some of... 

Barrick, Tanzania govt joint venture producing bulk of country’s mining revenue

Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has grown to contribute 51% of government’s revenue from the extractive industry. Tanzania... 

York Timbers swings to profit of R136m

Lumber and agriculture company York Timbers has swung to profitability for the financial year ended June 30, having reported a R136-million profit against a loss of R312-million in the prior... 

Canadian farming company proves sustainable leafy green production is possible

Controlled environment farming company Sea to Sky Farms has grown to become among the most efficient per square foot lettuce growers in the world, using modular containers, with its expansion plans... 

Hummingbird announces groupwide strategic review

Aim-listed Hummingbird Resources has started with a comprehensive groupwide review to assess the capacity of its current platform to deliver sustainable production growth and value creation at its... 

Wärtsilä to deliver six engines to Senegal power plant by December

Technology group Wärtsilä is gearing up to install six of its 32 model diesel engines at a 17 MW power plant at Moroccon miner Managem’s Boto gold mine, in Senegal. Wärtsilä was awarded the... 

Eskom showcases recycled coal ash road construction initiative at Kusile

State-owned power utility Eskom has showcased how it incorporates recycled legacy coal ash into road construction at its Kusile power station, in Mpumalanga. This first-in-country initiative was... 

Marula outlines two-phase processing plant plan for Kinusi

South Africa- and UK-listed Marula Mining has found, in a revised mine plan for the Kinusi copper mine, in Tanzania, that it can produce 24 000 t/y f high-grade copper concentrate from a large... 

Emira expects liquidity strengthening from disposals

JSE-listed Emira Property Fund says its local commercial portfolio has performed well in the five months ended August 31, with total vacancies across the portfolio having increased only marginally... 

ENERTRAG advocates for local collector grid system to support national capacity

As South Africa tackles the next energy challenge of grid capacity, ENERTRAG South Africa technical head Dr Clinton Carter-Brown advocates for local collector grids that can integrate power from... 

DRDGOLD commits R2.5m to provide skills training for Gauteng youth

Gauteng Growth and Development Agency subsidiary The Innovation Hub has signed a memorandum of understanding with NYSE- and JSE-listed surface gold tailings retreatment company DRDGOLD’s Ergo... 

US institution backs Pensana’s expansion studies in Angola

The US International Development Finance Corporation (DFC) has awarded rare earths miner Pensana a $3.4-million technical assistance grant, which will help fund studies into the proposed expansion... 

Giyani nears commissioning of demo manganese processing plant

TSX-listed Giyani Metals Corporation says its demonstration plant for the processing of material from the K.Hill manganese project is moving into the detailed fit-out phase with all modular process... 

Arc completes first phase of drilling on Virgo prospect

London-listed Arc Minerals has completed the first phase of an exploration drilling campaign on its Virgo project, which is located within the Kalahari Copperbelt, in Botswana. The company... 

Minergy sees green shoots from turnaround at Masama mine

Coal mining and trading company Minergy says its new strategic and operational drive towards business improvement has paid off in the financial year ended June 30, with the company experiencing... 

ND Engineering announced the overall winner at this year’s Stainless Steel Awards

The Southern Africa Stainless Steel Development Association (Sassda) has announced the winners of its Stainless Steel Awards after a five-year hiatus, with ND Engineering having been awarded the... 

Steenhuisen outlines vision for growing and modernising SA’s agriculture ecosystem

Newly appointed Agriculture Minister John Steenhuisen is pushing a renewed focus on structural reforms, biosecurity and improved trade relations with other countries as the Democratic Alliance... 

BME, Hypex Bio continue to drive environment-friendly explosives

With 20-million tonnes of bulk nitrate-based explosives being used every year in the mining industry, contributing significantly to greenhouse-gas (GHG) emissions, explosives and detonation... 

Steenhuisen outlines vision for growing and modernising SA’s agriculture ecosystem

Newly appointed Agriculture Minister John Steenhuisen is pushing a renewed focus on structural reforms, biosecurity and improved trade relations with other countries as the Democratic Alliance... 

Sanas, Afrac host meetings to strengthen quality assurance systems across Africa

As the South African National Accreditation System (Sanas) hosts general assembly meetings of the African Accreditation Corporation (Afrac) this week, the organisations have reiterated their... 

AfriForum continues fighting Nersa’s latest appeal in municipal tariff matter

Civil rights organisation AfriForum says the National Energy Regulator of South Africa (Nersa) has applied to the Supreme Court of Appeal in the case related to its implementation of tariff hikes...