Conference discusses importance of defining ESG, establishing good governance

While environmental, social and governance (ESG) has risen in prominence globally, the concept has become too broad, opening it up to uncertainty and criticism, Genesis Analytics partner Ryan Short... 

Deputy environment minister stresses the importance of PPPs in sustainability initiatives

With climate change, resource scarcity and socioeconomic disparities facing South Africa, adopting sustainable practices can help reduce carbon footprints, conserve natural resources and create... 

ArcelorMittal South Africa works to address skills gap through artisan training

With South Africa facing a critical shortage of skilled and qualified artisans and engineers, steel producer ArcelorMittal South Africa’s (AMSA’s) fully Quality Council for Trades and Occupations-... 

Omnia employees receive R45m payout through broad-based share scheme

JSE-listed chemicals group Omnia Holdings this week announced the vesting of its broad-based employee share scheme, amounting to R45-million.  Omnia says the scheme, established in 2021, gave 300... 

Jupiter remains focused on optimising operations, furthering ESG initiatives

While market conditions for manganese are expected to remain challenging in the short term, the longer-term outlook for sustained growth in the demand for manganese is strong, says ASX-listed... 

MC Mining reports widened losses

Coal miner MC Mining has reported loss after tax of $14.6-million for the financial year ended June 30, a 232% increase on the $4.4-million loss reported for the previous financial year. Non-cash... 

Deep Yellow appoints project delivery head

ASX-listed Deep Yellow has appointed Jim Morgan as project delivery head. He will take on the role of project director for Deep Yellow’s flagship Tumas project, in Namibia. A final investment... 

ETF developments in Japan could offer longer-term growth opportunities – WPIC

With investment in platinum exchange-traded funds (ETFs) expected to rise this year, developments in Japan could offer longer-term growth opportunities, says the World Platinum Investment Council... 

Initial flotation rougher tests indicate high rare earths recovery – Altona

London-listed resource exploration and development company Altona Rare Earths has reported that initial flotation rougher test results received for its Monte Muambe rare earths and fluorspar... 

Hummingbird reports lower revenue, confident of improved production later this year

Amid a challenging period for aim-listed Hummingbird Resources and its stakeholders in the face of operational and market headwinds, CEO Dan Betts says the company has made significant strides in... 

Cobre and BHP to search for copper in Botswana

Australia-listed junior Cobre announced a letter of intent to negotiate exclusively an earn-in joint venture agreement with commodities major BHP over the Kitlanya West and East copper projects,... 

Insect farming in Africa presents opportunity for sustainable food production

With insect farming gaining recognition as a “game-changer” in sustainable food production, the sector has become the fastest-growing sustainable protein industry in the EU, says International... 

Gem recovers 212.91ct diamond at Letsěng

London-listed Gem Diamonds has recovered a 212.91ct Type II white diamond at the Letsěng mine in Lesotho. This is the thirteenth diamond greater than 100 ct recovered this year. 

SA mining sector’s contribution to GDP slid in 2023, partnership with govt to boost growth

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 

Assmang’s Black Rock mine achieves 12m fatality-free shifts

Manganese and iron-ore mining company Assmang’s Black Rock mining operation (BRMO), near Hotazel, in the Northern Cape, recorded 12-million fatality-free shifts earlier this year. This was achieved... 

South African businesses remain resilient despite challenges

Despite economic challenges, South African businesses have remained resilient and innovative, panellists said during this year’s Inn8 Invest Summit, held on September 12. Noting an improved sense... 

Jubilee enters into renewable energy PPA in Zambia

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 

Growthpoint reports improved KPIs despite high interest rates

JSE-listed retail estate investment trust (REIT) Growthpoint Properties has reported improvements in the majority of key performance indicators (KPIs), including arrears, rental reversion rates,... 

Lotus intersects some of the thickest continuous zones of mineralisation to date

ASX-listed Lotus Resources has reported that its latest drilling has intersected some of the thickest continuous zones of mineralisation to date, with this thicker mineralisation starting as... 

Aterian completes initial target generation at Botswana project

Following the conclusion of a share purchase agreement to acquire a 90% interest in Atlantis Metals, in Botswana, in April, Aim-listed Aterian has completed initial target generation using... 

Manufacturing production increased by 1.7% y/y in July

In its preliminary Manufacturing: Production and Sales report, Statistics South Africa (Stats SA) reveals that manufacturing production increased by 1.7% year-on-year in July. Stats SA industry... 

Sylvania posts lower full-year earnings on the back of low PGM prices

Aim-listed Sylvania Platinum reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $13.5-million for the financial year ended June 30, an 80% decrease on the Ebitda of... 

Localisation Fund backs textile businesses

With the local retail-clothing, textile, footwear and leather (R-CTFL) sector accounting for about 14% of South Africa’s manufacturing employment, nonprofit company the Localisation Support Fund... 

Dept confident of successfully managing data migration for South Africa's new mining cadastre

South Africa's new mining cadastral system, called project Indwe, is currently in the design and development phase and on track for roll-out in June 2025, Department of Mineral Resources and Energy... 

Australian mining companies’ investment into Africa reaches $60bn

Reflecting its long-term commitment to Africa’s future, Australian mining companies have invested about $60-billion into Africa. Speaking at this year’s Africa Down Under conference, on September... 

South Africa's mining sector 'gearing for growth' as reforms yield results

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 

South African exploration fund attracts 115 applications – Mantashe

South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe told attendees at this year's Africa Down Under conference, in Perth, Australia, on September 4, that the country's Department... 

Optix launches tech to improve road safety

With about 80% of road crashes in South Africa caused by human error, fleet camera provider Optix, aims to facilitate, monitor and maintain positive human behaviour shifts geared towards safer... 

Switchgear manufacturer unveils cutting-edge products at Electra Mining

Energy equipment and solutions provider CHINT Global will showcase its latest advancements in smart energy solutions at this year’s Electra Mining Africa conference, to be held at the Johannesburg... 

Cesa Aon Engineering Awards a celebration of collaboration

The 2024 Cesa Aon Engineering Excellence Awards, held in Midrand, on August 14, celebrated and honoured the outstanding contributions of South Africa’s consulting engineering sector towards... 

Metso clinches €20m grinding mill order

Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about... 

Bidcorp achieves higher full-year earnings, trading profit

International broad-line foodservice group Bidcorp has reported a 15.9% increase in group trading profit to R12.2-billion for the financial year ended June 30. Headline earnings per share (HEPS)... 

Transnet Pipelines welcomes sentencing of fuel thief

Transnet Pipelines (TPL) has welcomed the recent 35-year sentence imposed on a Zimbabwean national for tampering with essential infrastructure, the theft of fuel and being in possession of stolen... 

Sovereign starts hydraulic mining trial at Kasiya

ASX-listed Sovereign Metals has begun a hydraulic mining trial at its Kasiya rutile/graphite project, in Malawi, as part of the ongoing pilot phase of its pilot mining and land rehabilitation... 

Gem recovers 129.71 ct diamond at Letsêng

London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year. 

WAF maintains full-year production guidance

ASX-listed unhedged gold mining company West African Resources (WAF) has produced 107 644 oz of gold at $1 223/oz all-in-sustaining-costs (AISC), generating A$116-million in cash flow from... 

Assay results confirm high-grade zone at Marula’s Kenyan manganese project

Aim-listed Marula Mining has received assay results from channel samples taken from manganese ore within licensed areas that will provide run-of-mine (RoM) material to the recently acquired Kilifi... 

Endeavour signs settlement agreement with Lilium

London-listed Endeavour Mining and Lilium Gold have signed a settlement agreement involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines. Pursuant to... 

Goldplat achieves £4.36m operating profit as Ghana operation performs strongly

Aim-listed Goldplat has reported a 267% year-on-year increase in operating profit, to £4.36-million, for the fourth quarter of its 2024 financial year. The company says its Ghanaian operations... 

Jubilee enters into PPA for hydro, solar power in Zambia

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar...