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Darren Parker is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
AFC signs concession agreements with Angola, Zambia to advance Lobito rail project
Infrastructure financier Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the...
TNPA puts out tender for LNG terminal environmental-impact assessment
State-owned Transnet subsidiary Transnet National Ports Authority (TNPA), in collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corporation, has approached the...
Civil confidence index reaches eight-year high in the third quarter
After having slipped to 44 in the second quarter of this year, the FNB/Bureau for Economic Research (BER) Civil Confidence Index reached an eight-year high of 50 in the third quarter. According to...
Hensoldt launches new long-range surveillance solution for ground-based applications
Defence and security technology company Hensoldt South Africa has launched its new Bushbaby 200 long-range surveillance solution for ground-based applications, which features a day camera, range...
Combatting resurgence of Somali pirate activity requires holistic approach, expert says
Maritime piracy along the Somali coast is seeing something of a resurgence in 2024 because the root causes on land have gone largely unaddressed and international support has declined,...
South West Arkansas lithium project in final negotiations for $225m govt award
US-based company SWA Lithium, which is a jointly owned subsidiary of TSX- and NYSE-listed near-commercial lithium developer Standard Lithium and energy company Equinor, has been selected for up to...
Urbix to get $125m from US govt to fund graphite processing facility
US-based graphite processing technology developer Urbix has been selected by the US Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) for final negotiations for an...
Defence industry CEO calls for PPPs to fund SANDF projects
The CEO of the South African Aerospace, Maritime and Defence Industries association, Sandile Ndlovu, has called for the use of public-private partnerships (PPPs) to help fund defence projects in...
Hensoldt launches advanced South African-made airborne imaging system
Defence and security company Hensoldt has launched its new-generation airborne imaging system, the Argos-15, at the African Aerospace and Defence trade show and exhibition at Air Force Base...
Armscor needs to reevaluate its deliverables in light of constrained budget, Mostshekga says
Of the R51.8-billion budget allocated to the Department of Defence and Military Veterans (DDMV) for the current financial year, R1.4-billion has been allocated to the Armaments Corporation of South...
Terrorist-controlled drones in Africa pose real and present threat
Unmanned aerial vehicles (UAVs) are rapidly becoming a key part of insurgent arsenals across the African continent, Stellenbosch University faculty of arts and social science vice dean of research...
1.25m coal jobs could be lost globally by 2035, report says
Research firm McKinsey’s inaugural ‘Global Materials Perspective’ report shows that, while the green energy transition could generate 340 000 global jobs to scale critical minerals and metals...
Motshekga praises decision to bring Denel under the wing of the Defence dept
Defence and Military Veterans Minister Angie Motshekga has praised President Cyril Ramaphosa’s “wise” decision to bring State-owned enterprise (SOE) Denel under the wing of the Ministry of Defence...
SAB reiterates calls for revised approach to excessive beer excise tax increases
Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South...
BRICS Business Council working groups offer updates on work in the year-to-date
The BRICS Business Council has provided an update on its work thus far this year, reflecting on progress made and the challenges posed by the inclusion of Egypt, Ethiopia, Iran and the United Arab...
Transparent solar glass for generating power from building facades launched in South Africa
Through a collaboration between Australian glass solar technology developer ClearVue and local technology distributor Concept Business Solutions, a novel transparent glass solar panel technology...
TFR’s maintenance outlay below half of requirements
State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated...
A quarter of Redefine’s property portfolio to be powered by renewables by end-2025
JSE-listed real estate investment trust (Reit) Redefine Property has revealed that its total renewable-energy component, which includes wheeling and further expansion of its rooftop solar PV...
Resolute reports 30% increase in mineral resource estimate at Tomboronkoto
ASX- and LSE-listed Resolute Mining has reported a significant increase in the total contained gold at its Tomboronkoto project, in Senegal. The new estimate shows an increase of at least 30% from...
Brandberg West initial drill results indicate presence of tin, tungsten, copper
Aim- and OTCQB-listed Andrada Mining has announced that its inaugural drilling programme at the historical Brandberg West mine has intersected mineralisation containing tin, tungsten and copper,...
Hope for South African ferroalloys industry despite green transition challenges
Department of Mineral and Petroleum Resources* beneficiation economics director Kagiso Menoe has said that, despite the challenges brought about by the global green transition, government's outlook...
Not enough chrome shipments to fill Maputo corridor capacity, TFR says
The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials...
Investors take up Kropz’s REX retail offer
Aim-listed phosphate producer Kropz has confirmed that retail investors have conditionally subscribed to 243 118 ordinary shares through the REX retail offer launched earlier this month....
Bushveld embarks on cost cutting initiatives, including retrenchments
Aim-listed Bushveld Minerals has begun work on cost cutting initiatives and development works to return the company to profitability and secure Bushveld's long-term future. The company said on...
AngloGold notes ‘enormous geological potential’ in Egypt as it moves to acquire Centamin
The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125...
Progress on reopening Canyon Silver project slower than expected, Armadale says
Although Aim-listed Armadale Capital has reported progress in its efforts to open up historic workings at the Canyon Silver project in Idaho, in the US, for further evaluation and sampling, the...
GoviEx to acquire 51% interest in Zambia exploration licence
TSX- and OTCQX-listed GoviEx Uranium has secured an option to acquire a 51% interest in the Lundazi exploration licence from Stalwart Investments. This forms part of GoviEx’s broader strategy to...
Katoro Gold expands into uranium exploration through Ontario acquisition
Aim-listed Katoro Gold has expanded into uranium exploration with the acquisition of the White Pine uranium project in Ontario, Canada. The acquisition was made through its subsidiary, Katoro...
Master Drilling shows off its new hard rock Shaft Boring System
JSE-listed Master Drilling is currently developing a new Shaft Boring System (SBS) that aims to revolutionise shaft sinking in hard rock by eliminating the need for conventional blasting in hard...
Sibanye secures €500m green loan to develop its Keliber lithium project
JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The...
High rail costs in SADC region causing operators to import from overseas
Although the Southern African Development Community is able to manufacture, maintain, repair and upgrade rail rolling stock to high standards, the high costs of local manufacturing are driving...
Barloworld opens new dealership in Botswana
Original-equipment manufacturer Barloworld Equipment Southern Africa has inaugurated a new dealership facility in Phakalane, Botswana. Barloworld Equipment has had a presence in Botswana since...
Metair boasts resilience amid tough first-half market conditions
In an operational update to shareholders for the six months ended June 30, JSE-listed Metair Investments has said its business verticals demonstrated resilience despite the challenging operating...
SACEEC announces New Products and Innovation Awards winners
The South African Capital Equipment Export Council (SACEEC) has announced the winners of its New Products and Innovation Awards competition at the Electra Mining Africa exhibition, at the Expo...
Kamoa-Kakula achieves record level production in August
The Phase 1, 2 and 3 concentrators at TSX- and OTCQX-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), achieved a combined monthly production record of...
South African, Angolan competition authorities sign MoU
The Competition Commission has signed a memorandum of understanding (MoU) with the Angola Competition Authority (ACA), establishing a general framework for bilateral communication and cooperation...
Dwyka brings automated shaft scanning technology to African mines
Mining technology company Dwyka Mining Services has entered into a partnership with Canadian technology company Point Laz to introduce the Lazaruss automated mine shaft scanner to the African...
FSCA approves JSE’s plans to divide its main board into two segments
The Financial Sector Conduct Authority (FSCA) has approved amendments to the JSE’s listings requirements dealing with market segmentation, which will come into effect on September 23. The market...
MoU seeks to bridge gap between academia, industry in logistics, transport sector
The Chartered Institute of Logistics and Transport: South Africa (CILTSA) and the Vaal University of Technology (VUT) have signed a memorandum of understanding (MoU) to bridge the gap between...
Kropz reveals restructuring plans to simplify debt, boost operational progress
Aim-listed phosphate producer Kropz has announced plans to restructure its finances and raise additional funds to support its projects. This move is aimed at simplifying the company’s debt...
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