China, South Africa still driving chrome supply globally

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 

Astral CEO retires after leading for 16 years

After working in the poultry industry for 41 years, JSE-listed integrated poultry producer Astral Foods CEO and executive director Chris Schutte has announced his retirement, effective January 30,... 

AMCU commemorates twelfth Marikana massacre anniversary

As trade union Association of Mineworkers and Construction Union (AMCU) commemorates the Marikana massacre on its twelfth anniversary this year, many structural underlying issues remain, former... 

Agri economist worried about Tongaat’s future

Ahead of an August 8 vote by Tongaat Hulett shareholders on whether to proceed with an equity subscription by the Vision Group consortium, agricultural economist Dr Kobus Laubscher has expressed... 

Sappi posts solid growth in third-quarter profit

Paper and packaging manufacturer Sappi has improved its operating performance in the third quarter of the year, compared with the same quarter of last year, delivering a 28% increase in profit from... 

UK's Royal Mint produces recycled gold from new e-waste factory

The UK Royal Mint has unveiled a new factory that processes e-waste to produce gold, which it is marketing as a more sustainable gold recovery method.  The company aims to process up to 4 000 t/y... 

Goldstone on track with additional processing equipment at Homase

Aim-listed Goldstone has made considerable progress with developing additional heap leach pads at the Homase mine, in Ghana. With the fourth pad having been completed, the company is advancing... 

Transnet invites expressions of interest for repurposed Lilly gas pipeline

State-owned Transnet’s Pipelines division has invited expressions of interest (EOI) for a strategic project to transition the Lilly gas pipeline from transporting methane-rich gas (MRG) to... 

Petra defers August/September tender amid weak demand

London-listed Petra Diamonds has decided to postpone its August/September tender to support steps taken by major producers to restrict supply in the current weaker demand environment. The rough... 

SAWEA concerned about Nersa rejecting Eskom’s grid allocation application

The South African Wind Energy Association (SAWEA) has expressed concern about the National Energy Regulator of South Africa’s (Nersa’s) decision to reject Eskom’s application to reserve grid... 

Marula enters into official agreement for Kilifi manganese processing plant

Battery metals miner Marula Mining and its Muchai Mining Kenya subsidiary have signed a share sale and purchase agreement to acquire an 80% in Agarwal Metals and Ores. The agreement replaces a... 

Growthpoint rolls out renewable energy wheeling scheme at ten properties

JSE-listed real estate investment trust Growthpoint Properties has announced a new energy benefit scheme called e-CO2, which it will roll out at ten of its properties in Sandton. This marks a... 

ERA driving e-waste collection momentum further this year

With electronic waste, or e-waste, growing five times faster than documented e-waste recycling globally, organisations such as E-Waste Recycling Authority (ERA) in South Africa have made strides to... 

Stronger rand contributes to lower fuel price for August

The Department of Mineral Resources and Energy, which is being separated into the Department of Electricity and Energy and the Department of Mineral and Petroleum Resources, has announced decreases... 

Lundin secures additional $350m to increase stake in Chilean miner

TSX-listed Lundin Mining has closed a term loan of $350-million in addition to an existing $1.75-billion revolving credit facility. The term loan matures on July 27, 2027.  

Polymetals confirms higher returns from Endeavour mine restart

ASX-listed Polymetals Resources has confirmed in an optimised mine plan for the Endeavour silver/lead/zinc mine that it can indeed generate strong financial returns and value for shareholders, as... 

Akobo produces first concentrate from Segele plant

Gold miner Akobo Minerals has successfully produced the first gold concentrate at its Segele processing plant, in Ehtiopia. The company started processing low-grade gold ore following a final... 

Sedna separates African, US businesses

Industrial and mining IT provider Sedna Industrial IT Solutions has announced a change in its ownership structure, with the separation of its African business allowing for a renewed focus on... 

Kavango plans listing in Zim, appoints chair for subsidiary

London-listed Kavango Resources has engaged advisers for a planned secondary listing on the Victoria Falls Stock Exchange (VFEX), in Zimbabwe, and has appointed Thamsanqa Mpofu chairperson of its... 

Resolving SMME challenges go beyond supportive policy, TIPS Forum finds

The yearly Trade & Industry Policy Strategies (TIPS) Forum featured a discussion on the most prominent barriers to entry for small, medium-sized and microenterprises (SMMEs) as small business... 

Treasury reflects on structural reform progress, assures more is to come

The new administration intends to continue implementing structural reforms to improve productivity and competitiveness in the economy, National Treasury director-general Dr Duncan Pieterse has... 

SMMEs' contribution to economy threatened by historical legacy, lacking industrial policy

Despite the widely recognised notion that formal and informal small, medium-sized and microenterprises (SMMEs) employ most of the country’s labour force, there is a lack of hard evidence on the... 

Tertiary gets first promising exploration results from Zambia prospect

Aim-listed Tertiary Minerals has delineated a large copper-in-soil anomaly at the Mupala project, in Zambia. The company on July 29 reported on field analytical results received from a soil... 

SAPA asks, once again, that chicken products be made VAT-free

With President Cyril Ramaphosa looking to expand the basket of essential food items that are exempt from value-added tax (VAT) under the Government of National Unity, the South African Poultry... 

Horizon proceeds with mining at Boorara, expects first gold in October

ASX-listed Horizon Minerals’ board has made a final investment decision to proceed with mining of the Boorara gold project, in Western Australia. The company confirms it will imminently start... 

AECI appoints Miller as mining EVP

JSE-listed chemicals group AECI has appointed Stuart Miller executive VP: mining, effective September 16. Miller has held various influential leadership roles across international mining... 

Mkango signs mutually beneficial mining agreement with Malawi govt

Aim- and TSX-V-listed Mkango Resources and two of its subsidiaries have signed a mining development agreement (MDA) with the Mawali government for the Songwe Hill rare earths project. The... 

Osino awaits Namibian competition approval to proceed with takeover by Chinese miner

Communications between Canadian miner Osino and the Namibian Competition Commission (NCC) continue to progress positively as the NCC considers the application of the previously announced statutory... 

Pathfinder completes reverse takeover of Rome Resources

London-listed Pathfinder Minerals has completed the reverse takeover of Canada-based exploration company Rome Resources, which owns tin projects in the Democratic Republic of the Congo (DRC). As a... 

Steenhuisen urges G20 members to collaborate on policies alleviating food insecurity

In addressing delegates of a ministerial meeting of the Group of Twenty (G20) Task Force, in Brazil, this week on behalf of South Africa, newly elected Agriculture Minister John Steenhuisen... 

Orion raises A$3.6m through share purchase plan

ASX- and JSE-listed Orion Minerals has raised A$3.6-million, or R44-million, through a share purchase plan (SPP) that closed on July 23. Under the SPP, each eligible shareholder was entitled to... 

Macpherson asks DBSA for bi-weekly updates on National Assembly reconstruction

Public Works and Infrastructure Minister Dean Macpherson has instructed the Development Bank of Southern Africa (DBSA) to provide his office with bi-weekly updates on the progress of the National... 

Ramokgopa warns of distribution infrastructure challenges, plans more renewables rounds

Despite Eskom having made progress on improving the country’s energy availability factor (EAF), lowering the unplanned capacity loss factor (UCLF) and achieving 100 consecutive days without... 

Lucapa concludes special tender worth $12m

ASX-listed Lucapa Diamond Company has sold six diamonds recovered from the Lulo mine, in Angola, in a special tender for $12.4-million. The diamonds totalled 447 ct and consisted of five white... 

Lotus hits highest-grade intercept at Letlhakane yet

ASX-listed Lotus Resources has intersected more uranium mineralisation at the Letlhakane project in Botswana, it confirms in its latest results from 24 holes drilled on site. The company has,... 

Competition Commission absolves Mpact from alleged anticompetitive conduct

JSE-listed paper and packaging group Mpact has announced the resolution of a Competition Commission matter pertaining to alleged anticompetitive conduct between itself and another company, which... 

Another Quantum shareholder demands meeting to remove chairperson

JSE-listed Quantum Foods has advised that Country Bird Holdings (CBH), which holds an 18% stake in the company, has demanded that a shareholder meeting be convened to discuss the proposed removal... 

Uasa inks three-year wage agreement with Samancor

Trade union Uasa has concluded another successful wage agreement, this time with chrome miner Samancor. The union signed a three-year wage agreement on behalf of its members and all workers... 

Centamin declares 53% interim dividend payout ratio

London- and Toronto-listed gold miner Centamin has declared an interim dividend of $0.025 a share for the six months ended June 30, resulting in a total distribution of $26-million, which... 

Sovereign confirms viability of low-cost mining at Kasiya graphite project

ASX-listed Sovereign Metals has successfully completed a dry mining trial at the Kasiya rutile and graphite project, in Malawi. The trial involved a test pit excavation for pilot mining and a...