PTM completes $1m nonbrokered private placement

TSX- and NYSE-listed Platinum Group Metals (PTM)on May 29 closed a previously announced nonbrokered private placement. An aggregate of 800 000 common shares were subscribed for and issued to... 

Transnet Engineering open to partnering with private sector as part of turnaround plans

Rolling stock manufacturer and maintenance company Transnet Engineering on May 12 held an Industry Day at its Pretoria facility, as part of its aim to be transparent, during which the division, and... 

Maersk gives South African exporters a preview of its Cape Town cold storage facility

Global integrated logistics company Maersk invited existing and potential customers in South Africa to visit its Belcon Logistics Park, in Cape Town, for a preview of the upcoming cold store... 

Afreximbank appointed sole financial adviser for South African coal-to-fertiliser project

Multilateral financial institution the African Export-Import Bank’s (Afreximbank’s) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial adviser... 

Emira delivers strong full-year results

JSE-listed Emira Property Fund reported a strong set of results for the full-year ended March 31, with consistent strategic execution, accretive diversification and disciplined capital management.... 

Valterra Platinum makes its debut on the JSE

With Valterra Platinum, previously Anglo American Platinum (Amplats), demerging from Anglo American, the company on May 28 officially started trading on the JSE under its new name. The first... 

Mining cadastral system on track for Western Cape roll out

Work on South Africa’s new mining cadastral system is “well under way”, Department of Mineral and Petroleum Resources (DMPR) mineral and petroleum regulation deputy director-general Tseliso... 

Barrick opposing Mali government’s request to take over operations

NYSE- and TSX-listed Barrick Mining expects a ruling on June 2 by the president of the Bamako Commercial Tribunal following submissions made on May 22 by the company’s Loulo and Gounkoto mines... 

Massmart partners with Schneider Electric, Green Wave for asset, energy management

South African-headquartered Massmart, which is owned by Walmart, has partnered with Schneider Electric and Green Wave to implement a centralised asset management and energy monitoring solution... 

DMPR upholds Renergen’s helium production right

Mineral and Petroleum Resources Minister Gwede Mantashe has formally dismissed the appeal lodged by Springbok Solar Power Plant against the amendment of Tetra4’s production right, thereby... 

City of Joburg launches Orlando eKhaya, Power Park Housing projects

The City of Johannesburg’s Economic Development MMC Nomoya Mnisi unveiled the Orlando eKhaya and Power Park Housing projects, in Soweto, on May 23. Originally launched in 2001 under then-Mayor Amos... 

Barloworld’s interim performance impacted by its Russian operations, sanctions

JSE-listed Barloworld’s group revenue for the six months ended March 31 declined by 5.8% to R18.1-billion, driven by a 36.8% decrease in revenue at its Russian operation Vostochnaya Technica (VT)... 

New book from AFC founder aims to centre African perspective in climate development

A new book, Navigating Africa’s Climate Development Nexus, written by African Climate Foundation (ACF) founder Saliem Fakir, offers a perspective centering on African agency, pragmatism and... 

Sibanye working to bring 260 Kloof workers back to surface

Multinational miner Sibanye-Stillwater has confirmed that a shaft incident occurred on May 22 at its Kloof 7 sub-shaft at the Kloof gold mining operation in South Africa, which has resulted in 260... 

Lucapa Diamond Company appoints voluntary administrators

Richard Tucker and Paul Pracilio of advisory and investment firm KordaMentha have been appointed as voluntary administrators to ASX-listed Lucapa Diamond Company, Brooking Diamonds, Heartland... 

Tshwane mayor highlights SMMEs’ role in economic growth

Small, medium-sized and microenterprises (SMMEs) are key players in the economy and require support to overcome challenges, including a lack of access to market opportunities and finance, and... 

Ironveld poised to shift to a fully operational, revenue-generating company

Aim-listed Ironveld CEO Kris Andersson says in an operational update that he is “pleased” with progress being made on the ground, with key development across its dense media separation (DMS) plant... 

Mintek welcomes release of South Africa’s Critical Minerals and Metals Strategy

National mineral resource organisation Mintek has welcomed the official release of South Africa's Critical Minerals and Metals Strategy by Mineral and Petroleum Resources Minister Gwede Mantashe.... 

Atlantic Lithium announces encouraging results from Côte d’Ivoire programmes

Exploration and development company Atlantic Lithium has announced the discovery of spodumene pegmatite in outcrop and float in the Agboville and Rubino exploration licences, in Côte d’Ivoire,... 

Petra progresses operational delivery in third quarter, including labour reduction

London-listed miner Petra Diamonds says the third quarter of its 2025 financial year marked another period of steady operational delivery across the group, with it continuing to execute on its... 

Tharisa remains confident of prospects, despite lower interim financial performance

JSE-listed Tharisa has recorded a 45% year-on-year decrease in earnings before interest, taxes, depreciation and amortisation to $43.8-million and a 78.9% year-on-year decrease in net profit to... 

Eskom issues invitation to tender for construction of a green hydrogen facility

State-owned utility Eskom has issued an invitation to tender (ITT) for the construction of a pilot renewable green hydrogen facility (RHF) at its Research, Testing and Development (RT&D) unit, in... 

George Roach to step down as Premier CEO, director

London-listed Premier African Minerals and George Roach have agreed to mutually terminate his consultancy agreement as both the CEO and a director, in accordance with the terms of the consultancy... 

Advanced geophysical interpretation identifies high-priority drill targets at URU’s South African project

Mineral exploration and development company URU Metals announces that the results of an advanced geophysical interpretation over its flagship Zeb nickel project, in South Africa, conducted by... 

Lack of geographic diversification in critical minerals supply a cause for concern, IEA report shows

Increasing supply concentration in a handful of countries and the spread of export restrictions is raising the risk of painful disruptions to the global critical mineral markets, the International... 

Council welcomes launch of Critical Minerals Strategy, new Bill

Industry body the Minerals Council South Africa has welcomed the launch of the country’s Critical Minerals Strategy and the gazetting of the Mineral Resources Development Bill (MRDB) for public... 

Speakers outline solutions to SMME challenges

The Small Business Institute (SBI), Old Mutual and Vodacom on May 20 held the SBI SME Indaba, with speakers presenting a variety of solutions that aim to address the myriad challenges identified by... 

Stellenbosch University launches biotechnology laboratory for startups

Stellenbosch University (SU) has announced the opening of the LaunchLab CERIBIO, a biotechnology laboratory for biotechnology startups. The initiative aims to accelerate the local biotechnology... 

LBMA fast-tracks refiner transparency

Independent precious metals authority the London Bullion Market Association (LBMA) has advanced the implementation of its proposals requiring refiners to publicly disclose additional information... 

Main construction under way at Pensana’s Angola project

London-listed Pensana announces that, following Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA)’s deployment of $25-million mine finance, main construction activities have begun on... 

BLSA CEO calls for proper fiscal prudence in revised budget

Finance Minister Enoch Godongwana will deliver a revised Budget speech this week, and it is crucial that this strikes the right balance of fiscal prudence, business organisation Business Leadership... 

Govt vows to continue growth push as S&P maintains a positive outlook on South Africa

Following S&P Global Ratings’ decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively, and maintain the positive outlook, government’s... 

Hydrox nearing commercialisation of hydrogen technology, opportunities abound for saving curtailed energy

Hydrogen technology company Hydrox Holdings is progressing the development of its pioneer Divergent-Electrode-Flow-Through (DEFT) hydrogen technology, a membrane-less electrolyser, with the company... 

Technology advancements require organised labour to adapt

The rapid advancements in technology pose both challenges and opportunities for employment and the labour market and it is crucial that organised labour adapts accordingly to ensure it plays a role... 

African customs event highlights role of customs as a trade enabler

The thirty-first World Customs Organisation East and Southern Africa (WCO ESA) regional governing council meeting was held, in Pretoria, on May 15, with WCO chairperson Professor Edward Kieswetter... 

Committee calls for improvements in efforts to quell bus attacks

The Portfolio Committee on Police has expressed concern about the low figure for arrests of “perpetrators of attacks and extortion on long-haul buses, despite clear evidence provided by bus... 

Neo Energy makes CEO, board changes as it advances South African uranium goals

Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with... 

Transnet, Transnet Engineering open for collaboration as part of turnaround plans

Rolling stock manufacturer and maintenance company Transnet Engineering on May 12 held an Industry Day at its Pretoria facility, as part of its aim to be transparent, during which the division, and... 

Informal-sector small businesses lagging their formal-sector counterparts – TIPS

Available data suggest that formal small businesses contributed 19% of GDP and 33% of employment in 2023, according to nonprofit Trade and Industrialist Strategies’ (TIPS’s) ‘State of Small... 

DBSA supporting urban development through GEF-funded programme

Development finance institution the Development Bank of Southern Africa (DBSA) has highlighted its role in advancing sustainable infrastructure development in partnership with the Global...