Afrimat delivers strong full-year results, continuing growth

During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity... 

RMB provides bespoke $100m funding package to Powerfleet

Financial services provider Rand Merchant Bank (RMB) acted as the sole mandated lead arranger and funder of a $100-million funding package for global telematics business Powerfleet. The entity was... 

Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 

Lotus bolsters its management team

ASX-listed Lotus Resources has appointed four experienced resource executives to provide the company with additional experience in project development, operations, technical and corporate... 

Nedbank launches R10m Indalo Fund

Finance institution Nedbank on May 15 announced the launch of the R10-million Indalo Fund at the Indalo Inclusive Symposium at the Council for Scientific and Industrial Research in Pretoria. The... 

Mining production, sales drop in March

Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1% and contributing -2.3 percentage points);... 

Pensana records encouraging testwork results from samples at Angola project

London-listed Pensana Rare Earths says initial results from beneficiation testwork on samples from the Sulima West deposit at the Coola exploration licence, located 75 km north of Longonjo, in... 

Octodec grows interim retail income despite challenging conditions

JSE-listed real estate investment trust Octodec Investments achieved income growth of 3.1% for the six months ended February 29, largely driven by higher rentals in its residential portfolio.... 

UJ becomes Project Management Institute’s first academic partner

The Project Management Institute (PMI) has announced the addition of the University of Johannesburg (UJ) to its list of authorised training partners (ATP). With this, UJ becomes PMI’s first... 

Seifsa, Numsa conclude three-year metals, engineering sector wage agreement

After three formal engagements, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) and trade union the National Union of Metalworkers of South Africa (Numsa) have concluded... 

Goldplat’s third quarter buoyed by strong performance of its Ghanaian operations

Aim-listed Goldplat’s gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter, ended March 31, of £1.6-million (excluding listing and head... 

South Africa must create a business-friendly environment to attract foreign investment

Business organisation Business Leadership South Africa CEO Busiswe Mavuso writes in her latest weekly newsletter that the withdrawal of foreign investment seems to be “dominating” at present. She... 

Nersa approves Sasol Gas’ price application

The National Energy Regulator of South Africa (Nersa) on April 29 approved Sasol Gas’ application for a maximum price of gas for the period July 1, this year, to June 30, 2025. This results in the... 

Hard disk drive demand rebound holds opportunities for platinum – council

The market for hard disk drives (HDDs) is showing signs of a rebound after almost two years of decline, as the rapid growth in machine learning and AI are driving the need for expanded data... 

Kenmare paid Moz govt $30m in taxes, royalties and fees for 2023

London-listed Kenmare Resources paid the Mozambique government $30.56-million – made up of  $19.8-million, $10.26-million in royalties and $504 000 in fees – in 2023, the company reports in its... 

Lucara achieves solid quarter at Karowe, underground expansion progressing

Diamond miner Lucara Diamond Corp’s Karowe diamond mine, in Botswana, delivered another solid operational quarter ended March 31, and the company’s high-value diamond production forecast remains... 

Conference highlights coal mining industry safety milestones, new targets

The South African coal mining industry has made progress in reaching its goal of zero harm; however, programmes and initiatives must be bolstered to ensure this is achieved and then maintained.... 

JSE undertaking measures to mitigate de-listing, shrinkage

The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News... 

Kefi progressing Ethiopian gold project towards launch

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 

Panthera restructures ownership of Mali, Nigeria projects

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 

Bushveld to dispose of Vanchem asset to SPR, working capital advanced

Aim-listed Bushveld Minerals has secured additional funding to provide immediate working capital relief and ensure continuity of its operations by entering into a binding term sheet with Southern... 

Kore Potash to list on the A2X

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 

Redefine choosing to remain optimistic despite challenging market conditions

JSE-listed Redefine Properties reported solid results for the six months to February 29, despite prevailing challenging economic conditions in South Africa, including the impact of high interest... 

Air Products to leverage expertise to bolster South Africa’s hydrogen mobility ecosystem

Industrial and specialty gas manufacturer and supplier Air Products South Africa is looking to leverage on the group’s global expertise and experience in the hydrogen industry, as well as its... 

Pioneer solution converts paper sludge, food and textile waste into bioethanol

A pioneering solution has been developed to convert cellulose fibre-rich waste from pulp and paper mill operations into ethanol using a specialised fermentation process. The solution was announced... 

Facility for Infrastructure proposals deadline extended

The National Treasury has extended the deadline for submissions to the Budget Facility for Infrastructure (BFI) to May 17 to allow more time for project sponsors to package and submit their... 

Experts offer suggestions for South African green hydrogen projects to secure financing

There is sufficient funding available for South Africa to progress its green hydrogen objectives, however, certain elements need to be addressed for this to materialise. This was outlined by... 

Akobo says production start-up date in Ethiopia uncertain

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 

Energy Council welcomes passing of Climate Change Bill

Industry organisation the Energy Council of South Africa has welcomed the passing of the Climate Change Bill by Parliament on April 25. “The Climate Change Bill is a critical piece of legislation... 

Endeavour progresses strategic objectives in first quarter

Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter... 

Yearly Air Force show promises 'mini-war', aircraft displays

The South African Air Force (SAAF) Museum Annual Airshow will be held on May 4 at the Air Force Mobile Deployment Wing (AF MDW) alongside Old Johannesburg Road in Valhalla, Pretoria. With the theme... 

Alphamin buoyed by Mpama South plant progress

TSX-V- and JSE-listed Alphamin Resources reports that tin concentrate production from the new Mpama South plant is imminent, with first ore having been successfully introduced on April 28. The... 

NCOP approves Climate Change Bill

The National Council of Provinces (NCOP) has approved the Climate Change Bill. “The Climate Change Bill will provide the much-needed legal framework to regulate activities that contribute to... 

Herbert Smith Freehills promotes Ernst Müller to director in Johannesburg

International law firm Herbert Smith Freehills is promoting Ernst Müller to director, with effect from May 1. Müller, who joined the firm as an associate in 2017, is a senior associate based in the... 

Red Rock to undertake work programmes at Burkina Faso project

Aim-listed Red Rock Resources’ Bilbale gold project, in Burkina Faso, holds “significant potential”, consultant Dr Willem J Smuts has noted in a report. Smuts recently undertook a site visit to the... 

Endeavour achieves first gold pour at Senegal project expansion

Senior gold producer Endeavour Mining announces that first gold pour at the Sabodala-Massawa BIOX Expansion project, in Senegal, took place on April 18, marking the successful delivery of the BIOX... 

URA starts production at Gravelotte emerald mine

London-listed URA Holdings has started phased production at the Gravelotte emerald mine (GEM) in South Africa. Following the successful commissioning of the processing and sorting plants, phased... 

Implats' proposed restructuring puts 3 900 jobs at risk

JSE-listed Impala Platinum Holdings (Implats) has initiated a Section 189(3) consultation process at its South African operations, signalling thousands of potential job losses. Implats envisages a... 

Kibo subsidiary progressing Pyebridge asset

Kibo Energy’s subsidiary, Mast Energy Developments (MED), has received official confirmation that its Pyebridge 9 MW flexible power generation asset in England has passed its satisfactory... 

Sayurie Naidoo appointed Amplats CFO, executive director

JSE-listed Anglo American Platinum (Amplats) has appointed Sayurie Naidoo as CFO and executive director, with effect from May 1. Naidoo, who has been serving as the acting CFO since Craig Miller...