Final order granted for liquidation of Murray & Roberts Holdings

JSE-listed Murry & Roberts Holdings has informed shareholders that the Gauteng Division of the High Court of South Africa has granted a final order for the liquidation of Murray & Roberts Holdings.... 

Columbus Stainless CEO appointed Acerinox Europa CEO

Stainless steel producer Columbus Stainless has announced that its CEO Johan Strydom has been appointed the new CEO of Acerinox Europa, effective November 1. Columbus, which is part of the Acinerox... 

Merafe’s year-to-date ferrochrome output down 51%

JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe chrome venture for the nine months ended September 30 was 112 000 t – a 51% decrease on the 230 000 t... 

FirstRand acquires stake in Optasia concurrent with Optasia’s IPO

Financial services provider FirstRand has announced an agreement to acquire 20.1% of Optasia, one of the world’s largest AI-powered fintech platforms that provides financial access to people across... 

China levels the playing field with its platinum VAT reform - Heraeus

China announced a major policy adjustment last week with the removal of its long-standing value-added tax (VAT) exemption on platinum imports, global technology group Heraeus Precious Metals states... 

Rainbow Rare Earths demonstrates resilience amid market challenges

With rare earth elements (REE) being vital to economic resilience and national security, the imposition of export controls by China in April, followed by further tightening proposed in October, has... 

PCC report highlights need to drastically increase yearly climate finance flows

The Presidential Climate Commission (PCC) has launched the third edition of its ‘South African Climate Finance Landscape Report’, which maps financial flows that supported South Africa’s climate... 

Private sector involvement can help unlock transport, logistics efficiencies – panellists

An efficient transport and logistics system can play a significant role in boosting the South African economy, particularly in driving export competitiveness. Private sector participation is,... 

Pensana, German company seek to establish mine-to-magnet supply chain in the US

London-listed Pensana has signed a memorandum of understanding (MoU) with Vacuumschmelze (VAC) – a Germany-headquartered manufacturer of advanced magnetic solutions, rare-earth permanent magnets... 

Famous Brands reports positive results across key financial metrics

JSE-listed food services franchisor Famous Brands has reported that its financial performance for the six months ended August 31 demonstrated strong momentum, with positive results across key... 

Nersa extends submission deadline for market inquiry into fixed, capacity charges in the electricity sector

The National Energy Regulator of South Africa (Nersa) has extended the deadline for written submissions and supporting evidence as part of the market inquiry into fixed charges, the generation... 

Growthpoint acquires 30% stake in hydroelectric plant, secures exclusive access through Etana PPA

JSE-listed real estate investment trust (Reit) Growthpoint Properties has acquired a 30% stake in independent power producer Serengeti Energy’s operational Boston Hydro plant near Clarens, in the... 

CSIR launches CO₂ Supercritical Encapsulation Facility

The Council for Scientific and Industrial Research (CSIR) launched a pioneering CO₂ Supercritical Encapsulation Facility (SCEF), the first of its kind on the African continent, on October 17. This... 

New window for Junior Mining Exploration Fund opens

Following the success of the first window for the Junior Mining Exploration Fund (JMEF), the Department of Mineral and Petroleum Resources (DMPR), the Council for Geoscience (CGS) and the... 

How Southern Africa could unlock funding for critical minerals investment

As the world transitions to cleaner energy, Southern Africa's abundant critical mineral resources, which could be key ingredients for many low-carbon technologies, have come into sharper focus.... 

How Southern Africa could unlock funding for critical minerals investment

As the world transitions to cleaner energy, Southern Africa's abundant critical mineral resources, which could be key ingredients for many low-carbon technologies, have come into sharper focus.... 

Sanedi achieves 100% of its performance targets, fourth consecutive clean audit

The South African National Energy Development Institute (Sanedi) says it achieved an “outstanding performance” for the 2024/25 financial year, achieving 100% of its performance targets and securing... 

Innovative coordination, private sector partnership key to unlocking continental infrastructure pipeline – report

While the legacy view that Africa's infrastructure ambitions have been crumbling under the weight of systemic execution failures is true, the ‘Bridging Africa’s Infrastructure Execution Gap’ report... 

Copper 360 appoints independent nonexecutive directors at AGM

JSE-listed Copper 360 has elected Peter Scott, Beverley Bouwer and Lindiwe Montshiwagae as independent nonexecutive directors, with effect from October 15, at its AGM held on the same date. The... 

Capital again raises its full-year revenue guidance following a strong third quarter

London-listed mining services group Capital has reported that its third quarter, ended September 30, delivered its highest quarterly revenue in its operating history, supported by a steady drilling... 

Allied Gold to raise C$175m for Sadiola, Kurmuk

TSX-listed Allied Gold Corporation has announced an overnight marketed offering of common shares of the company to be offered by way of a short form prospectus supplement to be filed in all of the... 

Allied Gold reports strong third-quarter production

TSX-listed Allied Gold Corporation has reported that it produced over 87 000 oz of gold for the third quarter ending September 30, and sold over 92 000 oz of gold during the same period. In its... 

Nearly 80% of township businesses unregistered, holding back their growth potential, report shows

Despite being worth almost R1-trillion and creating significant employment opportunities, South Africa’s township informal economy largely remains underserved by traditional financial institutions.... 

Westbrooke acquires solar portfolio across 91 Shell Downstream South Africa service stations

Westbrooke Renewable Energy Alternatives (Westbrooke Real), an alternative investment strategy managed by Westbrooke Alternative Asset Management, has acquired a portfolio of operational solar PV... 

White Paper reveals South Africa’s trade opportunities amid global shifts

With South Africa being at a critical juncture in its trade journey, a new White Paper released by global fintech platform Verto, reveals that, while local businesses face mounting pressures from... 

MC Mining appoints new nonexecutive director

Coal miner MC Mining has appointed Jianheng Deng as nonexecutive director, effective October 15, following the resignation of Brian He Zhen. Following MC Mining’s continued positive progress in... 

Thor Explorations reports continued positive drilling results from Côte d’Ivoire project

Aim- and TSX-V-listed Thor Explorations has completed 4 604 m of reverse circulation (RC) drilling during a maiden drilling campaign at its 100%-owned Guitry gold project, in Côte d’Ivoire, with... 

Thungela CEO reflects on importance of coal in the global energy mix

Despite a global transition towards more renewable sources of energy, coal remains important in the global energy landscape, with global coal demand having reached about 8.8-billion tons in 2024.... 

Magara reflects on return as Exxaro CEO, discusses diversification strategy

Reflecting on his return as CEO of Exxaro Resources, Ben Magara discussed the group’s diversification strategy at this year’s Joburg Indaba, highlighting the “next dawn” at the company. In a... 

Eskom chairperson highlights focus shift from energy security to affordability

While State-owned Eskom has historically faced systemic challenges such as unreliability of its generation fleet and a weak balance sheet, chairperson Dr Mteto Nyati has said the utility is... 

Conference highlights implications of science, technology, innovation in driving sustainability

As the world transitions from traditional, centralised power generation to more decentralised, digitally integrated systems – driven by decarbonisation imperatives – South Africa’s energy sector is... 

Springbok solar PV project reaches commercial operation – Sibanye-Stillwater

Multinational mining and metals processing group Sibanye-Stillwater has reported that the Springbok solar PV project, in South Africa’s Free State province, has achieved commercial operation. The... 

St Barbara to raise A$58m to support Simberi development

ASX-listed St Barbara has reported that it has received firm commitments for an institutional placement of new fully paid shares to raise A$58-million – before costs – through the issue of about... 

North Stanmore clears environmental milestone

ASX-listed Victory Metals has completed baseline environmental and biological studies at the North Stanmore heavy rare earth project in Cue, Western Australia. Victory says the results reinforce... 

Wetility to launch One Bill offering as a holistically managed total energy service

Solar technology company Wetility has provided a preview of its One Bill offering, which it describes as a comprehensive energy management system designed to increase solar adoption in South... 

PDI, Robex announce merger to create one of Africa’s top five gold miners

ASX-listed Predictive Discovery (PDI) and Canadian company Robex Resources have entered into a definitive agreement to combine in a merger of equals, with PDI to acquire all of the issued and... 

Collaboration, investing in young researchers key for future of science in South Africa

The mining sector continues to play an important role in South Africa’s economy and collaboration among researchers remains vital to ensure the ongoing competitiveness of the domestic sector in the... 

Africa50 appoints global leader to spearhead its later-stage Africa-focused Infrastructure Acceleration Fund

Pan-African infrastructure investor and multi-vehicle asset manager Africa50, on October 1 announced the appointment of Sérgio Pimenta as CEO of the Africa50 Infrastructure Acceleration Fund (IAF).... 

Dialogue highlights role of African financial institutions in driving sustainable development

While African financial institutions play an important role in driving sustainable development amid global challenges such as climate change, pollution and biodiversity loss, tackling climate and... 

New window for Junior Mining Exploration Fund opens

Following the success of the first window for the Junior Mining Exploration Fund (JMEF), the Department of Mineral and Petroleum Resources (DMPR), the Council for Geoscience (CGS) and the...