Godongwana announces new board appointments for the Land Bank

Finance Minister Enoch Godongwana, on September 5, announced the appointment and reappointment of directors to the board of directors of the Land and Agricultural Development Bank (Land Bank),... 

Growthpoint, Fuel Switch launch blockchain-enabled Renewable Energy Certificate exchange

JSE-listed real estate investment trust (Reit) Growthpoint Properties said it is giving a massive boost to Africa’s first open blockchain-enabled REC exchange, Fuel Switch, while unlocking... 

City of Joburg Property Company appoints CEO

The City of Joburg Property Company (JPC) has appointed Musawakhe (Musah) Makhunga as its CEO, with effect from September 1, for a period of five years. The JPC notes that Makhunga has served as... 

Arbitration foundation launches national campaign to expand access to mediation

The Arbitration Foundation of Southern Africa (AFSA) has launched its Justice Through Mediation campaign – an initiative designed to provide mediation services to individuals and small businesses... 

Competition Commission releases first Cost of Living report

Expanding on the scope of its inaugural 'Essential Food Price Monitoring' (EFPM) report, launched in 2020, the Competition Commission has restructured the report into the ‘Cost of Living (COL)’... 

Transnet welcomes the arrest of infrastructure theft suspects

State-owned Transnet has welcomed the arrest of 21 individuals suspected of critical infrastructure theft. Transnet notes that the individuals were arrested on September 1 by members of South... 

Gem Resources raises £2.12m to optimise Gravelotte, restart Curlew

London-listed Gem Resources has raised £2.12-million, before expenses, to support production optimisation and cost reduction at its Gravelotte emerald mine, in South Africa, and to restart... 

Kodal receives export permit for Bougouni lithium project

Aim-listed Kodal Minerals has received the export permit for the spodumene concentrate produced at its Bougouni lithium project, in southern Mali, for an initial 125 000 t of spodumene concentrate,... 

Higher sales, gold price to give Pan African’s earnings a boost

JSE-listed Pan African Resources has advised shareholders in a group trading statement that its earnings per share (EPS) for the financial year ended June 30 are expected to be between $0.07 a... 

Anglo American raises R44bn as it sells last remaining shares in Valterra

Diversified miner Anglo American has raised cash proceeds of R44.1-billion, or about $2.5-billion, from the sale of its remaining shares in South African platinum group metals (PGMs) producer... 

Cora DFS confirms payback of 1.1 years at Sanankoro

Aim-listed Cora Gold has reported that an updated definitive feasibility study (DFS) has confirmed a payback period of just 1.1 years, feeding into the strong economic potential of the company’s... 

Stanlib accelerates private markets impact with R250m for affordable housing

Asset management company Stanlib Asset Management has reinforced its commitment to social infrastructure development with a R250-million loan facility to Calgro M3, a JSE-listed developer... 

Atlantic Lithium enters binding financing agreements to fund Ewoyaa project

Aim-and ASX-listed Atlantic Lithium has entered into binding financing agreements with global investment company Long State Investments to secure funding of up to £28-million to support the... 

Southern Palladium begins DFS drilling at Bengwenyama

JSE- and ASX-listed Southern Palladium has begun its detailed metallurgical and geotechnical drill programmes as part of ongoing field work to support the delivery of a definitive feasibility study... 

Council, partners propose new way to own, trade and use gold

The World Gold Council (WGC), British multinational law firm Linklaters and Hilltop Walk Consulting have unveiled a “pioneering vision” to transform the global gold market through the introduction... 

ICMM launches Global Mining Dataset to support more robust data on mining, metals

Mining and metals advocacy group the ICMM has launched its ‘Global Mining Dataset’, to address the lack of reliable, standardised data for the mining and metals sector. The ICMM says the new... 

New mineralised pegmatites identified at Lithium Ridge – Andrada

Aim-listed Andrada Mining has begun exploration drilling at the Lithium Ridge project, in Namibia, in partnership with Sociedad Química y Minera de Chile (SQM) through its subsidiary SQM Australia.... 

ASPI ships first samples of ytterbium-176, silicon-28

Nasdaq- and JSE-listed ASP Isotopes (ASPI) has shipped the first samples of ytterbium-176 and silicon-28 to customers – a step the company describes as a major milestone that should allow it to... 

Goldstone reports encouraging progress at Homase

Aim-listed Goldstone Resources has reported that gold production at its Homase mine, in Ghana, continues to progress encouragingly with 11.06 kg of gold doré, equivalent to about 355.6 oz of gold... 

FutureCoal calls for fair, equal funding of coal in new open letter to financiers, investors

Following the launch of its Fund Fair, Fund Equal campaign in June, the Global Alliance for Sustainable Coal (FutureCoal) has issued an open letter to about 700 global finance, investment and... 

Solidarity warns of jobs bloodbath as AMSA starts longs business wind-down

Trade union Solidarity has noted that steel producer ArcelorMittal South Africa (AMSA) has informed its employees that the company is preparing to close its long steel plants and to start mass... 

Southern Africa sits on swathes of critical mineral reserves, report spotlighting regional case studies reveals

A new report launched by the World Economic Forum (WEF) highlights the urgent need to unlock investment in Southern Africa’s critical minerals to meet surging global demand for clean energy and... 

Mahindra launches R70m Pik Up assembly plant in KZN

India-headquartered vehicle manufacturer Mahindra has launched its new R70-million Mahindra Pik Up local assembly plant at the Dube TradePort Special Economic Zone (SEZ), in KwaZulu-Natal, on... 

Sibanye-Stillwater pleased with improved group profitability

Multinational mining and metals processing group Sibanye-Stillwater has reported pleasing results for the six months ended June 30, with all group operations other than the South African gold... 

Commision gives its approval for ACDC’s acquisition of Blue Nova

The Competition Commission has given its approval for the proposed transaction in which electrical components manufacturer ACDC intends to acquire energy storage solutions provider Blue Nova, with... 

Commission recommends Tribunal approve Glencore, Sibanye-Stillwater chrome recovery plant merger

The Competition Commission has recommended to the Competition Tribunal that it approve the transaction whereby Glencore Operations South Africa (GOSA) – on behalf of the Glencore-Merafe pooling and... 

Salungano concludes standstill agreement with lenders

JSE-listed Salungano Group has reported that it has concluded a standstill agreement with its lenders, Nedbank and Standard Bank, on August 26. The company explains that the lenders have agreed to... 

Kipushi debottlenecking programme completed ahead of schedule, under budget

TSX-listed Ivanhoe Mines executive co-chairperson Robert Friedland and president and CEO Marna Cloete have announced that the debottlenecking programme at the ultrahigh-grade Kipushi zinc mine, in... 

ASP Isotopes officially lists on the JSE

Nasdaq-listed highly enriched isotopes company ASP Isotopes’ (ASPI’s) shares started trading on the JSE on August 27 under the ticker ISO. The company, which is in the process of acquiring ASX- and... 

Pensana execs meet with senior White House officials to discuss long-term rare earth supply into the US

Rare earths developer Pensana has reported that its CEO Tim George and CCO Will Izod recently met with White House National Security Council deputy director for critical and emerging technology... 

Hino South Africa introduces six-year driveline warranty

Commercial vehicle manufacturer Hino South Africa has launched a six-year driveline warranty applicable to all trucks sold since January 1 this year. The 72-month warranty covers up to 250 000 km... 

Mahindra launches R70m Pik Up assembly plant in KwaZulu-Natal

India-headquartered vehicle manufacturer Mahindra has launched its new R70-million Mahindra Pik Up local assembly plant at the Dube TradePort Special Economic Zone (SEZ), in KwaZulu-Natal, on... 

Moves to boost defence, aerospace spending could be positive for PGM demand – WPIC

In The Hague Summit Declaration, issued on June 25, the North Atlantic Treaty Organisation (Nato) Heads of State and Government committed to spending 5% of GDP yearly on defence requirements by... 

Resolute posts higher interim Ebitda

ASX-listed Resolute Mining has maintained its full-year production guidance, despite reporting a 9.3% year-on-year decrease in output to 151 460 oz for the six months ended June 30, as lower... 

Blencowe completes Orom-Cross DFS programmes

London-listed Blencowe Resources has completed all major infrastructure workstreams within the definitive feasibility study (DFS) for its Orom-Cross project, in Uganda, alongside the recent... 

Gold Fields lifts interim dividend as profit surges on higher gold price, strong production

Globally diversified gold miner Gold Fields has declared a dividend of R7 a share for the six months ended June 30, compared with the dividend of R3 a share declared for the first half of the 2024... 

New financing opportunities for Danish companies operating in Africa

As part of the Danish government’s 2024 Africa Strategy, Impact Fund Denmark, together with the Danish Ministry of Foreign Affairs, is launching a new DKr 350-million Africa Facility to support... 

Call for inclusive dialogue on NDC to enhance climate action

The Presidential Climate Commission (PCC) held a Special Commission Working Session with Forestry, Fisheries and the Environment Minister Dion George on August 5 to receive an update on the draft... 

Growthpoint, Fuel Switch launch blockchain-enabled Renewable Energy Certificate exchange

JSE-listed real estate investment trust (Reit) Growthpoint Properties said it is giving a massive boost to Africa’s first open blockchain-enabled REC exchange, Fuel Switch, while unlocking... 

dtic to lead outward selling mission to Nigeria, Ghana

The Department of Trade, Industry and Competition (dtic) will lead an Outward Selling Mission to Nigeria and Ghana from August 25 to 29 as part of its ongoing mandate to expand South Africa’s trade...