Freeport Saldanha to house first alginate production site in Southern Africa

The Saldanha Bay Industrial Development Zone, or Freeport Saldanha, has announced an agreement to establish Southern Africa’s first alginate production plant. A company called Alkelp will develop... 

Australian govt grants Sparc Hydrogen A$2.7m for low-cost green hydrogen pilot

ASX-listed Sparc Technologies has been awarded A$2.7-million in grant funding from Australia’s Economic Accelerator (AEA) Innovate programme. Sparc Technologies, together with iron-ore miner... 

Orica conditionally awarded A$432m in funding for Hunter Valley Hydrogen Hub

ASX-listed mining, infrastructure and manufacturing company Orica has been conditionally awarded A$432-million in funding from the Australian government to support the operation of the Hunter... 

Sanatana to change name after acquiring new gold prospects

TSX-V-listed copper and gold developer Sanatana Resources will acquire the Gold Strike One project, in Yukon, Canada, as well as the Abitibi property, in Quebec. The proposed acquisition... 

BMW Group gears for next phase of premium e-mobility excellence

As the world experiences accelerated change in technology and consumer preferences, the South African automotive industry has to embrace profound transformation to maintain its heritage of... 

KZN branch key driver of growth, self-sustainability for motors group

Having continuously invested in its assembly capability and developing independence from the national grid and municipal water systems, gear units and motors supplier SEW-EURODRIVE’s KwaZulu-Natal... 

CleanTech secures fluorspar tenements in Kentucky

TSX-V-listed CleanTech Vanadium Mining Corporation has entered into a binding option to purchase agreement with an arms-length private party to acquire the mineral rights to the Campbell, Crotser... 

Agriculture council says higher fuel price will dampen sector’s performance

The National Agricultural Marketing Council (NAMC) says the increase in the general fuel levy is set to trigger unwelcome economic consequences in the agriculture sector. The increase in the... 

Latest BER survey finds lower inflation expectations for this year and next

The Bureau for Economic Research (BER) cites in its latest ‘Inflation Expectations Survey’ that respondents are expecting headline consumer inflation to average about 3.9% for the remainder of the... 

Seventh drill programme on Orom-Cross confirms ‘even more substantial’ resource

London-listed emerging graphite miner Blencowe Resources has completed the Stage 7 drilling programme at its Orom-Cross graphite project, in Uganda, which confirmed the continuity of mineralisation... 

Masondo addresses debt sustainability in developing countries

Many developing countries are experiencing rising debt vulnerabilities that divert scarce resources away from essential development priorities such as health, education and infrastructure, Finance... 

Akobo reports more improvements with gold processing at Segele

Euronext-listed Akobo Minerals has successfully completed its first smelt of gold with a new gravity setup at the Segele mine, in Ethiopia. The company advises that an upgraded gravity recovery... 

SAAFF commends higher container handling volumes at ports in recent weeks

The Southern African Association of Freight Forwarders (SAAFF) has commended Transnet for having made substantial improvements to its volume throughput throughout South Africa’s key container... 

Absa PMI ticks up to 48.5 in June

Financial services firm Absa’s Purchasing Managers’ Index (PMI) increased by 5.4 points to 48.5 in June on a seasonally adjusted basis. Although the headline PMI remained in contractionary... 

Implats consolidates two subsidiaries to ensure sustainability

JSE-listed Impala Platinum Holdings (Implats) has advised that it will consolidate the operations of its Impala Platinum and Impala Bafokeng Resources (IBR) subsidiaries, in response to low... 

Astral starts vaccinating broiler breeding chickens in Gauteng

Integrated poultry producer Astral Foods has been granted a permit by the Department of Agriculture (DoA) to vaccinate one of its broiler breeding flocks against High Pathogenic Avian Influenza... 

Pan African confirms July 1 start of LSE, JSE share buyback

Mid-tier gold producer Pan African Resources has confirmed it will start with a share buyback programme on both the LSE and JSE from July 1. The company advised earlier this month its intention... 

Heraeus expects platinum price ‘correction’ in second half of the year

Refinery services provider Heraeus finds in its latest precious metals appraisal that the platinum price, which currently averages $1 341/oz, will correct over the second half of the year. The... 

Construction sector remains downbeat about lack of large-scale projects

The First National Bank (FNB)/Bureau for Economic Research Civil Confidence Index decreased to 41 in the second quarter of the year, from 45 in the first quarter. FNB senior economist Siphamandla... 

Seifsa designates Chibanguza to take over as CEO

Steel and Engineering Industries Federation of Southern Africa (Seifsa) has appointed Tafadzwa Chibanguza CEO designate, effective July 1. Having held the COO position at the organisation since... 

DFFE will soon publish second draft of ship-to-ship regulations for public comment

Forestry, Fisheries and the Environment Minister Dr Dion George has issued a government notice to publish the second draft of regulations for the Environmental Management of Offshore Ship-to-Ship... 

Tiger Brands receives first supply from ‘Koo Baked Beans’ emerging farmers in Bronkhorstspruit

JSE-listed fast-moving consumer goods manufacturer Tiger Brands has, over the past few years, been investing in its farming value chain to get closer to the source where products are cultivated and... 

DFFE obligated to ‘do more with less’ under latest budget

Forestry, Fisheries and the Environment Minister Dr Dion George has outlined how his department plans to spend its R9-billion allocation over the medium term expenditure framework between 2025 and... 

Report outlines six macro trends shaping African mining operational excellence

Africa’s mining sector is entering a new period of disruption where risk has become a defining force shaping strategy, investment and operational performance, says consultancy dss+ in a newly... 

Afarak sells Zeerust chrome mine for R40m

Specialist alloy producer Afarak Group has announced it will sell its Zeerust chrome mine and processing assets, as well as the Zeerust mining right, to Plantcor Mining and Plant Hire, which is a... 

Panel stresses importance of diversified supply chains

This is a pivotal moment in Africa’s journey, with the continent brimming with opportunity but also challenges. “By 2050, the African population will reach 2.6-billion, so how can we ensure that... 

Thungela maintains strong balance sheet despite softer coal prices

Ahead of releasing its interim results on August 18, JSE-listed coal miner Thungela Resources says the recent softer coal price environment has demonstrated the importance of operating a cost... 

Investors emphasise total returns as key consideration in mining

Ensuring a robust mining industry for the future requires careful capital allocation and adhering to high standards of operation, while consolidation may be the next phase for a sector grappling... 

Policy certainty, consistency key to unlocking African critical minerals investment

Amid global politisation of supply chains, increasing expectations of the mining industry and intensifying development imperatives in Africa, various African countries are gearing up policy to... 

B20 task force chairs share policy, actionable recommendations made so far

To encourage transparency and spotlight the voices leading the B20 South Africa 2025 agenda, Business Unity South Africa (Busa) president Mxolisi Mgojo and Busa CEO and B20 adviser Cas Coovadia on... 

Latest Heraeus appraisal confirms silver investment demand is surpassing that of gold

Refinery services provider Heraeus finds in its latest precious metals review that the gold price is showing signs of relaxation at $3 356/oz, having fallen by about 1.6% in the week to June 20.... 

Harmony to meet all production metrics for tenth consecutive year

JSE-listed Harmony Gold Mining confirms that it experienced a “landmark” 2025 financial year, which ends on June 30, underpinned by exceptional operating free cash flows and higher recovered... 

WEG Africa automation facility onboards more products as efficiency imperatives, hybrid power system demand grow

In adhering to its ethos of developing technologies and solutions that contribute to a more efficient and sustainable world, electric engineering, power and automation developer WEG has onboarded... 

AMIE launches SME assistance fund

The Association of Meat Importers and Exporters (AMIE) has partnered with business support organisation Tushiya Xchange to invest in small- and medium-sized enterprises (SMEs) in the meat import... 

SA’s ongoing agri growth now hinges on market diversification

South Africa’s agriculture sector has come under increasing pressure to diversify into new markets amid turbulent world market dynamics driven by radical shifts in US trade policy. During a webinar... 

SA’s ongoing agri growth now hinges on market diversification

South Africa’s agriculture sector has come under increasing pressure to diversify into new markets amid turbulent world market dynamics driven by radical shifts in US trade policy. During a webinar... 

Sampa, AMIE welcomes partial lifting of Brazil poultry import ban

The Association of Meat Importers and Exporters (AMIE) and the South African Meat Processors Association (Sampa) have both welcomed government’s partial lifting of the ban on poultry and poultry... 

South Africa’s Climate Philanthropy Pledge signs newest two members

Twelve local philanthropic funders have signed South Africa’s pioneering Climate Philanthropy Pledge, which is a significant show of collective commitment across the pledge’s eight pillars of... 

Tourism dept unveils new Kgodumodumo Dinosaur Interpretation Centre in the Free State

The Department of Tourism (DoT) has unveiled South Africa’s newest cultural and scientific attraction and visitor experience, the Kgodumodumo Dinosaur Interpretation Centre, in the Golden Gate... 

Goldstone confirms productivity uptick at Homase mine

Ahead of publishing its financial results for the year ended December 31 later this month, Aim-listed Goldstone Resources has confirmed that the Homase mine, in Ghana, maintains an average 48 000 t...