Thor Explorations’ Segilola mine delivered 20 629 oz of gold in the first quarter

Aim- and TSX-V-listed gold explorer and miner Thor Explorations, which owns and operates the Segilola gold mine, in Nigeria, produced 20 629 oz of gold in the first quarter of this year at an... 

Assays point to high-grade zones in rare earth exploration of Kangankunde

Exploration at rare earth and bauxite resources developer Lindian Resources’ Kangankunde rare earths project, in Malawi, has returned long intersections of high-grade, non-radioactive rare earths,... 

AfDB, AFD extend $300m in funding to Tanzania’s Kakono hydroelectric plant

The government of Tanzania, the African Development Bank (AfDB) and the French Development Agency (AFD) have signed agreements for two development project loans worth $300-million to finance the... 

Ivanhoe bolsters sustainability on numerous fronts

With a 26-year history in the African mining sector, diversified miner Ivanhoe Mines is building on the sustainability goals of the group and enhancing the long-term strategy of its flagship and... 

BMW celebrates half century 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... 

Untethered electric train growth to quadruple by year-end – IDTechEx

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... 

Theta granted water-use licence for TGME underground

South Africa’s Department of Water and Sanitation (DWS) has awarded a water-use license (WUL) for ASX-listed gold miner Theta Gold Mines’ Mining Right 83, which covers the majority of the initial... 

Blyvoor Gold boosts supplier development, improves near-mine community

Blyvoor Gold, which operates the Blyvoor mine – once one of the largest gold mines in the world – has invested more than $100-million in refurbishing and upgrading the mine after it stood idle for... 

Oriole to transfer interest in Cameroon CLP to subsidiary to boost investment potential

West Africa-focussed explorer Oriole Resources is transferring its 90% interest in the Cameroon-based Central Licence Package (CLP) to subholding company NewCo, to enable project-level investment.... 

Sibanye refinances, increases dollar-denominated facility to $1bn

Multinational mining and metals processing group Sibanye-Stillwater has successfully refinanced and increased its dollar-denominated revolving credit facility from $600-million to $1-billion,... 

Belgium diamantaire sets up shop in OR Tambo economic zone

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... 

Government confident of meeting five-year investment goal of R1.2tr – Patel

The South African government is “confident” of reaching its goal of attracting R1.2-trillion in investment over the five years since launching its yearly South African Investment Conference (SAIC)... 

Interruption, disruption, natural catastrophes top list of risks for construction, engineering sector

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... 

De Beers names diamond containing another diamond the ‘Beating Heart’

Diamond grading and analysis company the De Beers Institute of Diamonds, part of De Beers Group, reports that it has formally named an unusual diamond containing another diamond the “Beating Heart”... 

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...