Marula advances plans with partners to commission Kinusi copper processing plant

Africa-focused miner and developer Marula Mining is advancing plans to install a copper processing plant at its 75%-owned Kinusi copper project, in Tanzania, with initial design and capital and... 

South Africa CIO Summit to welcome digital economy leaders

The International Data Corporation’s (IDC’s) yearly South Africa CIO Summit will take place on May 18 at the Sandton Convention Centre under the theme ‘Enabling the Digital Economy’s Leaders’. The... 

Akrokeri exploration returns positive results

Aim-listed gold explorer and producer GoldStone Resources has received assay results from a diamond drilling programme at the Akrokeri underground mine (AUM), in Ghana, confirming the company’s... 

Nampak lenders agree to loan extensions

JSE-listed packaging company Nampak has successfully concluded new terms for its term loan revolving credit facility (RCF) and US private placement (USPP) lenders, extending the repayment of... 

SolarAfrica uses Ford Silverton project as springboard into national solar rollout

Building on its R170-million investment pledge at the South Africa Investment Conference (SAIC) in 2020, solar photovoltaic (PV) energy solutions company SolarAfrica has continued to roll out solar... 

Locally developed BozaRide ride-hailing service launched in Gauteng, promises to be different

Promising to be different, consistently affordable and safer than other ride-hailing platforms operating in South Africa, Sandton-headquartered BozaRide launched in three major metropolitan... 

BMW celebrates 50 years of carmaking in South Africa with the release of new emblem

BMW South Africa is celebrating its 50 years of manufacturing cars in South Africa with the launch of a newly-designed marketing emblem that is inspired by a work of art crafted by South African... 

Patel highlights challenges faced by South African manufacturers, notes govt efforts

To boost productivity in South Africa, four key business factors need urgent and significant attention, namely increasing energy security, increasing government spending on infrastructure projects,... 

Pilot tourism-boosting project floated to grow the industry

A new strategy to reinvigorate tourism in South Africa – the Domestic Tourism Remodelling Model (DTRM) was highlighted at the 2023 Tourism Research Seminar, hosted by the Department of Tourism on... 

Belgium diamantaire establishes presence in OR Tambo SEZ

Belgium-based diamond jeweller Pluczenik has chosen to establish a local division – Pluczenik South Africa – at the OR Tambo Special Economic Zone (SEZ), in Ekurhuleni, Gauteng. To commemorate... 

Global trade down despite hitting record $32tr, green goods up – Unctad

Despite reaching a record $32-trillion in 2022, global trade growth turned negative in the second half of 2022 amid deteriorating economic conditions and rising uncertainties, reports the United... 

Marula appoints technical consultant, lawyers in preparation for Aim listing

Africa-focused miner and developer Marula Mining is preparing to list on the LSE’s Aim and has appointed mining and environmental consultancy MSA Group as the technical consultant for the listing... 

Manufacturer confidence declines to near global financial crisis levels, Absa survey shows

A manufacturing survey undertaken by financial services company Absa finds that confidence levels in the manufacturing sector dropped by nine points to 17 in the first quarter – the lowest since... 

Significant funding required to positively undertake Just Energy Transition – report

The second of three reports looking into South Africa’s energy transition, released by the African Climate Foundation (ACF) this week, finds that significant amounts of funding will be required to... 

Partnership formed to boost solar panel, integrated inverter stockholding

A partnership to make solar panels and integrated renewable energy systems in South Africa more readily available was launched on March 22 between Magneto Renewable Energy (MRE), Chinese tier one... 

Rainbow upgrades Phalaborwa resource estimate, progresses pilot plant build

London-based Rainbow Rare Earths has increased the mineral resource estimate of its Phalaborwa rare earths project, in Limpopo, to a measured and indicated 30.4-million tonnes at 0.44% total rare... 

Mintek highlights its role in developing mineral processing technology

Mining analytical services company Mintek has highlighted its commitment to partner with the mining industry in developing and expanding new and existing technologies that can solve the industry’s... 

Proposed Trillium-Pacton merger to ‘change the map’ of the Red Lake district

Canadian explorer Trillium Gold Mines and Pacton Gold have a merger that will create a company that manages 15 projects, covering 1 260 km2 in the prolific Red Lake mining district of northern... 

Global crisis forcing Africa to ‘grow up’, develop localised solutions – panel

Despite the Covid-19 pandemic creating a “perfect storm” for African countries with rising interest rates and an increase in the risk of sovereign default, the continent’s leadership generally has... 

Tiger Brands rethinks product innovation with launch of head office-based Sensorium

Fast-moving consumer goods (FMCG) producer Tiger Brands has launched a new multipurpose centre – the Sensorium, which is designed and intended to foster a culture of innovation in the business and... 

Business resilience the reason South Africa’s economy ‘not collapsing completely – Jammine

Despite South Africa’s economy being “not a great environment” currently, economic consultancy Econometrix director and chief economist Dr Azar Jammine said South African business has shown typical... 

Ongoing Ewoyaa exploration adds significantly to mineral resource estimate

Exploration work at Aim- and ASX-listed Africa-focussed lithium explorer and developer Atlantic Lithium’s Ewoyaa lithium project, in Ghana, has added a significant volume to the project’s mineral... 

Millennial Potash to start drilling previously explored Gabon prospect

TSX-V-listed potash explorer Millennial Potash reports that all the drill holes at its previously explored Millennial Potash project in Gabon have intersected potash mineralisation, thereby leading... 

Two Exxaro board members to retire by rotation

Diversified energy company Exxaro Resources reports that independent nonexecutive directors Vuyisa Nkonyeni and Lenamile Mophatlane will retire by rotation, with effect from May 18. Nkonyeni will... 

SAWEA launches campaign to highlight sector’s significant employment role

The South African Wind Energy Association (SAWEA) has launched a campaign to highlight the role that the wind energy industry plays as an employer as South Africa’s Energy Action Plan gains... 

130 MW power plant in Senegal fully commissioned

Energy sector solutions provider Wärtsilä reports that a 130 MW power plant it built in Malicounda, in western Senegal, is now fully operational and officially inaugurated by Senegal President... 

Township rental financier finalises first funding vehicle, attracts R125m in first year

Impact-driven property finance company TUHF21 has finalised its first funding vehicle aimed at financing rental properties in townships – the uMaStandi Fund – which has attracted R125-million in... 

Namibian High Court sets aside Mining Ministry’s decision not to renew Haib licence

The High Court of Namibia has rendered its judgment in a court case brought by copper explorer and developer Deep-South Resources to renew its license to explore the Haib copper project,... 

NUM backs Mantashe on pro-coal stance

Labour union the National Union of Mineworkers (NUM) has expressed its support for Mineral Resources and Energy Minister Gwede Mantashe’s pro-coal stance, alleging “coercion” efforts to move away... 

Southern Palladium buoyed by positive exploration results

Positive results have emanated from exploration work at JSE- and ASX-listed platinum group metals (PGMs) project developer Southern Palladium’s Bengwenyama project, in South Africa’s Bushveld... 

Encouraging results emerge from Rodruin metallurgical testwork

Exploration samples from TSX-V-listed gold explorer Aton Resources’ Egypt-based Rodruin advanced exploration project have returned “very encouraging” results, reports interim CEO Tonno Vahk. These... 

Bushveld Electrolyte Company on track for first production

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals reports that its South African vanadium electrolyte factory – Bushveld Electrolyte Company (Belco) – is... 

Thungela expects to report more than 100% increase in earnings for 2022

JSE-listed thermal coal exporter Thungela Resources expects its earnings a share for the year ended December 31 to have increased by between 105% and 111% year-on-year to between R125 and R129.... 

Coal drives up Exxaro’s full-year earnings

JSE-listed diversified energy company Exxaro Resources expects its headline earnings a share for the year ended December 31 to have increased bu between 20% and 34% year-on-year, to between R56.20... 

De Beers sells $495m of rough diamonds in second sales cycle of 2023

Anglo American's diamond mining business De Beers provisionally sold $495-million worth of rough diamonds through its global sightholder sales and auctions in its second sales cycle of 2023 – from... 

African-made renewable energy products could benefit continent – SAIEE

Although Africa is going through an “unavoidable” energy transition, South African Institute of Electrical Engineers president Prince Moyo believes the continent can “leapfrog” the trajectory of... 

Nampak cancels adjourned general meeting as financing discussions continue

JSE-listed diversified packaging manufacturer Nampak has cancelled its previously adjourned general meeting, which it planned to hold on March 8. During an extraordinary virtual general meeting of... 

Kavango mobilises specialists after unearthing significant gold mineralisation at Ditau

Botswana-focused base and precious metals explorer Kavango Resources has commissioned professor and former Department of Geology at Brandon University in Canada chairperson Dr Hamid Mumin to... 

Poseidon progressing Black Swan restart with 20% of assays returned

ASX-listed Poseidon Nickel is progressing with its efforts to restart the Black Swan project with 20% of assays returned of a 11 000 m in-pit drill programme that aims to increase the mining... 

Revised terms for Dawn HPAL+ project lifts nameplate capacity, lowers capex guarantee -Nickel Industries

Australia-based Nickel Industries on Monday unveiled plans for a 67 000 t/y high-pressure acid leach (HPAL) project, in Indonesia, that would cost no more than $2.3-billion to bring to nameplate...