Gemfields to triple processing capacity at Moz ruby mine

Gemstone miner Gemfields’ 75%-owned Montepuez Ruby Mining (MRM) subsdiary has entered into a legally binding contract with specialist engineering group Consulmet to build an additional processing... 

Pan African meets revised production guidance, lowers its debt

Gold miner Pan African Resources has achieved a robust financial performance for the year ended June 30, CEO Cobus Loots reported on August 7, stating that this was despite challenges experienced... 

Resolving locomotive supply impasse with Chinese firm crucial, says Transnet Freight Rail CEO

It is crucial that State-owned freight rail operator Transnet Freight Rail (TFR) find a solution to its long-standing locomotive supply impasse with Chinese manufacturer CRRC, TFR CEO Siza Mzimela... 

ICMM member companies report lower fatalities for 2022

Global body the International Council on Mining and Metals (ICMM) reveals that its member companies lost 33 people in work-related incidents during 2022. This compares with the 45 fatalities in... 

Procurement clarity and prosecutions key to tackling construction site disruptions

Public Works and Infrastructure Minister Sihle Zikalala has emphasised the importance of unity in condemning and addressing construction site disruption and extortion affecting the industry. “It is... 

Procurement clarity and prosecutions key to tackling construction site disruptions

Public Works and Infrastructure Minister Sihle Zikalala has emphasised the importance of unity in condemning and addressing construction site disruption and extortion affecting the industry. “It is... 

Mercedes-Benz CEO praises 65 years of manufacturing excellence in South Africa

Automotive manufacturer Mercedes-Benz South Africa CEO and manufacturing executive director Andreas Brand on August 3 highlighted the significance of the automaker’s 65 years of manufacturing... 

Novare invests in renewable energy to bolster pan-African sustainability drive

Investment solutions company Novare, which has a substantial property portfolio in Africa, on August 1 announced a significant investment in rooftop photovoltaic (PV) panels as an eco-friendly and... 

Bushveld’s new CEO outlines his priorities as full-year guidance is lowered

Vanadium producer Bushveld Minerals’ new CEO Craig Coltman, who took up the position on July 1, acknowledges that the company faces challenges, but says he also sees many positive signs and... 

Graphex Technologies announce offtake agreement with Syrah

Graphex Technologies, a wholly-owned subsidiary of global midstream processor of natural graphite anode material for use in lithium-ion batteries Graphex Group, has entered into an offtake... 

Implats takes step to buy out remaining RBPlat shares

Platinum group metals (PGMs) miner Impala Platinum (Implats) has notified the remaining shareholders of Royal Bafokeng Platinum (RBPlat) of the compulstory acquisition of the RBPlat shares it does... 

Sibanye suspends Kloof 4 shaft operations after incident

Diversified miner Sibanye-Stillwater announced on August 1 that management has suspended all operations at its Kloof gold mine 4 shaft, after an incident occurred at the Ikamva shaft on July 30,... 

RBPlat swings to interim loss

Platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) has recorded a 29% year-on-year decrease in revenue to R5.81-billion for the six months ended June 30. Earnings before interest,... 

GoviEx operations continue despite coup in Niger

Mineral resource company GoviEx Uranium has assured shareholders that its operations in Niger continue uninterrupted, despite the uncertainty in that country as a result of a coup. Military leaders... 

Transport dept ready to deal with potholes as Minister launches Vala Zonke War Room

Transport Minister Sindisiwe Chikunga on July 31 attended the official launch of the Vala Zonke War Room, which will monitor and manage all pothole repairs in the country from the State-owned South... 

Aton reports ‘encouraging’ results from metallurgical testing at Rodruin

Preliminary metallurgical testwork results from the Rodruin gold-polymetallic sulphide mineralisation are encouraging and indicate that saleable copper and zinc concentrates can be produced, gold... 

R216m Montrose interchange upgrade nears completion

Construction of the soon-to-be completed R216-million Montrose Interchange, on the N4, has already “changed the lives of local small businesses and residents by providing much-needed jobs”, the... 

Naheem Ebrahim Essop appointed deputy pension funds adjudicator

Finance Minister Enoch Godongwana has appointed Naheem Ebrahim Essop as a deputy pension funds adjudicator. The appointment is for a term of three years and is effective from the date of assumption... 

IonicRE advances work on Makuutu demonstration plant

Construction has started on a demonstration plant at rare earth minerals developer Ionic Rare Earths’ (IonicRE’s) 60%-owned Makuutu heavy rare earths project, in Uganda. The installation contract... 

RBPlat warns of interim losses on the back of weaker PGM prices

Local platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) expects to report lower earnings for the six months ended June 30. The miner, which plans to publish its interim results on... 

Govt moves towards implementation of Green Transport Strategy

Department of Transport (DoT) research and development chief director Themba Tenza has confirmed that the department is moving towards implementation of its Green Transport Strategy (GTS), which... 

Ivanhoe reports promising testwork for improving copper recoveries

Metals miner Ivanhoe Mines has announced “highly promising” preliminary testwork for improving copper recoveries at its Kamoa-Kakula copper mine in Kolwezi, in the Democratic Republic of the Congo.... 

Global coal demand, supply set to remain at an all-time high in 2023

Global body the International Energy Agency (IEA) expects coal demand to remain at an all-time high this year. This follows after global coal demand reached an all-time high in 2022, rising above... 

Harmony included in FTSE4Good Index Series for sixth consecutive year

Gold miner Harmony Gold Mining Company has been included in the FTSE4Good Index Series for the sixth consecutive year. Created by global index and data provider FTSE Russell, the FTSE4Good Index... 

ICMM members to reveal progress on implementing tailings standard in August

Members of global mining body the International Council on Mining and Metals (ICMM) will publish details of their progress in conforming with the Global Industry Standard on Tailings Management for... 

Denel, global firm advance Rooivalk modernisation plans

State-owned Denel’s Denel Aeronautics division and global defence and advanced electronics company Aselsan Elektronik Sanayi (Aselsan) have strengthened their strategic collaboration by signing a... 

Entrepreneurship competition relaunched to celebrate SMMEs

This year, with the post-pandemic relaunch of finance institution Business Partners’ Entrepreneur of the Year competition, the unyielding resilience of South African entrepreneurs will once again... 

JRA closes part of road as illegal mining activity causes sinkhole

The Johannesburg Roads Agency (JRA) has closed one lane of Miles Stoker road in the Roodepoort direction owing to a sinkhole, which has developed because of illegal mining activity in the area,... 

Sylvania exceeds full-year PGM production guidance

South African platium group metals (PGMs) producer Sylvania Platinum exceeded its production forecast for the 2023 financial year, which had been set at between 72 000 oz and 74 000 oz of platinum,... 

IFC partners with Banking Association South Africa to boost climate finance

Development finance institution the International Finance Corporation (IFC) is joining forces with local body the Banking Association South Africa (BASA) to help increase climate finance in the... 

Mining, water businesses drive AECI’s record interim performance

Diversified chemicals group AECI delivered record growth in revenue; earnings before interest, taxes, depreciation and amortisation (Ebitda); and headline earnings per share (HEPS) for the six... 

Silverleaf Business Accelerator set to catapult cannabis industry

Investment company Silverleaf Investments is the first-of-its-kind venture capital company in South Africa. The company is focused on investments throughout the entire cannabis value chain by... 

Kavango signs contract for 30 km of survey lines at Botswana project

Southern Africa-focused metals exploration company Kavango Resources has signed a contract for 30 km of Induced Polarisation (IP) survey lines over targeted areas within the company’s Karakubis... 

Lactalis South Africa appoints new GM

Dairy producer Lactalis South Africa has appointed Herman Janse van Rensburg as its new GM with effect from July 18. Janse van Rensburg succeeds Alban Damour, who has taken up his new assignment as... 

IDC grants MC Mining an extension to repay R160m loan

Development finance institution the Industrial Development Corporation of South Africa (IDC) has extended the date for the repayment of coal miner MC Mining’s R160-million loan to September 30. The... 

Prieska crown pillar +105 level resource increases ahead of trial mining

Diversified metal explorer and developer Orion Minerals on July 25 announced that the company has taken another key step in its early mining strategy at the Prieska copper/zinc project in South... 

IFC investment in Metier to boost growth of mid-market companies in sub-Saharan Africa

To support the growth of mid-market companies in sub–Saharan Africa, World Bank Group subsidiary the International Finance Corporation (IFC) on July 24 announced an equity investment of $25-million... 

Hyphen, Namibian govt launch socioeconomic development framework

The Namibian government and green energy supplier Hyphen Hydrogen Energy on July 24 launched the socioeconomic development SED framework for Namibia’s landmark $10-billion green hydrogen project.... 

Wide pegmatite intercepts announced in Initial Kamativi lithium drilling programme

Exploration and development mining company Galileo announced on July 24 that the first two holes of the recently started drill programme over the Kamativi lithium/tin target, in Zimbabwe, have... 

Global iron-ore production growth expected to accelerate

Research firm BMI states that global iron-ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron-ore prices hit a decade-low...