PhosCo secures ownership of Tunisia project

ASX-listed PhosCo has taken another key step towards becoming a global fertiliser supplier by formally securing 100% ownership of its flagship Gasaat phosphate project, in Tunisia. The Gasaat... 

Kefi’s Ethiopia project proceeding as planned

Aim-listed Kefi Gold and Copper says approvals and other preparations are progressing well towards an all-parties signing of the Tulu Kapi gold project financing and the launch of major works.... 

NEF invests in Unipro Protective Wear to support localisation

The National Empowerment Fund (NEF) has announced its strategic investment in Unipro Protective Wear, a 100% black youth woman-owned business in South Africa’s clothing and textiles sector. Unipro... 

Orion’s interim performance reflects continued focus on exploration of key projects

JSE- and ASX-listed Orion Minerals' work programmes during the interim period to December 31, 2024, focused on the progression of definitive feasibility studies (DFS) for the company’s flagship... 

Resolute maintains mineral resources in West Africa

Australia- and London-listed Resolute Mining has maintained its total mineral resources at 11-million ounces of contained gold, following exploration success at Tomboronkoto, in Senegal, and... 

JSE approves Gemfields’ transfer to general segment

Gemstone miner Gemfields’ application to transfer its market segmentation on the main board of the JSE, from the ‘prime segment’ to the ‘general segment’, has been approved with effect from March... 

Iron-ore production to accelerate over next five years – BMI

Global iron-ore production growth is expected to accelerate over 2025 to 2029, with production to reach 2.92-billion tonnes by 2029, BMI, a unit of Fitch Solutions, says in its latest ‘Outlook for... 

Cesa issues reminder of its upcoming Infrastructure Indaba

Industry organisation Consulting Engineers South Africa (Cesa) will host its yearly Infrastructure Indaba at the Indaba Hotel in Fourways, north of Johannesburg, on March 18 and 19 under the theme... 

dtic’s Digital Business Visa Recommendation System goes live

The Department of Trade, Industry and Competition (dtic) has launched the Business Visa Recommendation System (VRS), an online platform for business visa recommendation applications for all foreign... 

Sovereign achieves notable graphite purification results from Malawi project

ASX- and Aim-listed Sovereign Metals has achieved “outstanding” results from purification testing of coarse flake graphite concentrate from its Kasiya rutile/graphite project, in Malawi, for... 

Neo Energy advances Beisa acquisition from Sibanye-Stillwater

Uranium developer Neo Energy, through its 70% majority owned South African subsidiary Neo Uranium Resources Beisa Mine (NURB), has signed a further ancillary acquisition agreement with... 

CoJ welcomes Presidential Johannesburg Working Group formation

The City of Johannesburg (CoJ) has welcomed President Cyril Ramaphosa’s call for the city to urgently focus on resolving long-standing challenges, including financial sustainability, inner-city... 

Integrals Power LMFP battery cathode validated by QinetiQ

A new lithium manganese iron phosphate (LMFP) cathode active material developed by battery material company Integrals Power could increase the real-world range of electric vehicles (EVs) by... 

Ironveld signs updated term sheet with SEAM for magnetite plant

London-listed Ironveld’s subsidiary Ironveld Holdings on March 5 signed an updated term sheet with Sable Exploration and Mining (SEAM) regarding the company’s joint venture (JV) at the Lapon... 

Canyon to acquire stake in Camrail to progress logistics for Cameroon project

The board of Cameroon rail network operator Camrail has given approval for Total Energies Marketing Cameroun and Societe d’Exploitation des Bois du Cameroun (SEBC) to enter into share sale... 

Xtract starts drilling programme at Zambia licence

London-listed Xtract Resources has started a diamond drill programme at Silverking (Licence 26673-HQ-LEL) in Zambia. The programme has set a number of objectives aimed at advancing the development... 

Fuel prices could increase on the back of Transnet tariffs

If the Minister of Mineral and Petroleum Resources decides to use the National Energy Regulator of South Africa’s (Nersa’s) Petroleum Pipelines System tariffs as proxy for the cost of transporting... 

Google Cloud, Nemisa launch cybersecurity training in South Africa

Google Cloud and the National Electronic Media Institute of South Africa (Nemisa) have launched the Google Cybersecurity Upskilling Initiative. Google Cloud would provide the opportunity for up to... 

Endeavour Mining delivers strong full year performance

London-listed Endeavour Mining, which has a portfolio of gold mining assets in West Africa, reported strong results for the 2024 financial year, with record fourth-quarter free cash flow of... 

West Africa Resources’ reports strong financial performance

Unhedged gold mining company West African Resources produced 206 622 oz of gold at an all-in sustaining cost (AISC) of $1 240/oz in 2024. The company’s Sanbrado gold mine and Toega gold deposit are... 

PRASA bus collides with truck in the Free State, ten lives lost

The Passenger Rail Agency of South Africa (PRASA) has confirmed that one of its buses was involved in an accident between Smithfield and Reddersburg in the Free State, on March 5, with ten lives... 

No Gautrain train service between Park, Rosebank stations this weekend

There will be no train service between the Gautrain’s Park and Rosebank stations from 05:00 on Saturday, March 8, until 20:30 on Sunday, March 9, for final repair works to be done in the tunnel... 

Galileo’s KCB geophysical survey highlights potential drill targets

London-listed Galileo Resources says chargeability or resistivity anomalies were observed on all five induced polarisation (IP) lines surveyed across two of its Kalahari Copperbelt (KCB)... 

Botswana Diamonds granted mining permit for Thorny River

London-listed Botswana Diamonds has been granted a mining permit for its Thorny River project, in Limpopo, South Africa. The Thorny River project is close to the mined-out Marsfontein mine. 

Rome Resources expands polymetallic potential at Mont Agoma prospect

Aim-listed Rome Resources says assay results from drill hole MADD018 at its Mont Agoma prospect in the Democratic Republic of Congo have confirmed a 62.25 m cumulative higher-grade zone at 0.61%... 

Lotus completes board transition ahead of Kayelekera restart

ASX-listed Lotus Resources has finalised the transition of its board of directors as fully funded restart works at its Kayelekera uranium project, in Malawi, move closer to production in the third... 

AFC signals interest in funding Blencowe’s Orom-Cross project

London-listed Blencowe Resources has received a formal expression of interest (EoI) from multilateral finance institution the African Finance Corporation (AFC) regarding potential participation in... 

Majority of Bidvest businesses deliver interim growth, despite headwinds

JSE-listed Bidvest Group says its achieved “decent” result for the six months ended December 31, with most of its businesses having generated consistent profits. Bidvest is a business to business... 

Transnet appoints CEs for Engineering, Rail Infrastructure Manager divisions

Rail and ports operator Transnet has appointed Bessie Mabunda as Transnet Engineering (TE) CE and Moshe Motlohi as Transnet Rail Infrastructure Manager (TRIM) CE, with effect from March 1. These... 

Jupiter declares interim dividend, reports strong cash flows

ASX-listed Jupiter Mines has declared a dividend of $0.75 c apiece for the six months ended December 31. Despite a volatile market environment in the first half of the 2025 financial year, the... 

Strategic shift underpins Fortress’ solid interim performance

Real estate company Fortress Real Estate Investments achieved a solid performance for the six months ended December 31, with distributable earnings a share of 76.15c, a 29.8% increase on the... 

Collaboration key to Africa’s burgeoning participation in critical minerals space

As a host to a considerable amount of the critical minerals pivotal to future development, Africa has a crucial role to play and it is imperative that the continent takes an active role in ensuring... 

Harmony reports another fatality following Mponeng FoG incident

An employee who sustained injuries in a fall-of-ground (FoG) incident following a seismic event at Harmony Gold Mining Company’s Mponeng mine, in Gauteng, on February 20 has passed away. “Despite... 

Drilling at Greenwing’s Madagascar project deliver ‘encouraging’ results

ASX-listed Greenwing Resources has completed 464 auger holes, totalling 4 027 m, at its 100%-owned Andapa graphite project, in Madagascar. This exploration work has found regolith-hosted... 

Kropz’s Elandsfontein records good performance despite challenges; company served claim

Aim-listed Kropz’s Elandsfontein operation, in South Africa, started the year positively, with record production of 33 000 t for January. That took production for the four months to January 31 to... 

AECI CEO pleased with the success of the group's new strategy

JSE-listed AECI’s earnings and profit for the year ended December 31, 2024, decreased year-on-year as the group executed its new strategy and made several concessions to enable this. The reported... 

Mahindra, IDC sign MoU to explore potential for local manufacturing in South Africa

India-headquartered vehicle manufacturer Mahindra Group has signed a memorandum of understanding (MoU) with South African development finance institution the Industrial Development Corporation... 

Ishwati Emoyeni Wind Farm reaches financial close, construction under way

Renewable-energy companies African Clean Energy Developments (ACED), Energy Infrastructure Management Services (EIMS) Africa and NOA Group Trading report that financial close has been reached and... 

Stronger growth projected for sub-Saharan Africa this year

Global conditions are more favourable, supporting firmer economic growth in sub-Saharan Africa, financial organisation Nedbank Group’s economic unit notes in its ‘Africa Insights for sub-Saharan... 

BLSA highlights importance of B20

The Business 20 (B20) South Africa Summit, which is being hosted in Cape Town this week, provides “an unprecedented opportunity [for South Africa] to engage with the world and build our...