Kumba’s sales volumes rise on the back of rail improvements

A 5% uplift in Transnet’s rail performance supported a 6% increase in sales volumes for iron-ore miner Kumba Iron Ore in the quarter ended March 31. The company sold nine-million tonnes of... 

World Bank Group expands members, priorities for Private Sector Investment Lab

The World Bank Group has launched the next phase of its Private Sector Investment Lab, which will include an expanded membership of industry leaders with experience in generating jobs in developing... 

Gem Resources sells first emeralds from revamped Gravelotte mine

London-listed Gem Resources has sold 8 130 ct in its first sales tender for emeralds produced from the Gravelotte mine, in South Africa’s Limpopo province. Having generated $43 000 from the... 

Gold Fields secures extension to continue mining at Damang

JSE-listed Gold Fields will continue operations at its Damang mine, in Ghana, following extensive engagements with the Ghanaian government, which had initially rejected the company’s application to... 

GirlCode Summit to focus on more women-in-tech enablement

The GirlCode Summit this year aims to create more supportive communities where networking and collaboration are possible, says GirlCode founder and CEO Zandile Mkwazani. “In an era where... 

Askari appoints CPS strategic capital markets adviser to aid African prospects

ASX-listed battery metals-focused company Askari Metals has appointed CPS Capital Group as a strategic capital markets adviser to the company for 12 months. CPS has experience in the global... 

PIC agrees to sell its Barloworld shares to Zahid consortium

JSE-listed industrial group Barloworld has advised that the Public Investment Corporation (PIC) has delivered to a Saudi Arabian group associated with Barloworld CEO Dominic Sewela an undertaking... 

Paladin achieves highest quarterly production since restart of Langer Heinrich mine

Western Australia-based uranium producer Paladin Energy has produced 745 484 lb of yellowcake, or triuranium octoxide (U3O8), in the quarter ended March 31, despite weather disruptions at its... 

Capital foresees revenue gains this year despite lower first-quarter results

London-listed mining services company Capital has signed four new contracts for diamond and reverse circulation drilling in Guinea, Côte d’Ivoire and Tanzania, which will help meet its revenue... 

Agbiz appoints Chetty second deputy chairperson

Industry body the Agricultural Business Chamber (Agbiz) has appointed Dr Lukeshni Chetty as second deputy chairperson. She is also GM of the South African National Seed Organisation.  

Traka enters into 75% earn-in agreement in Guinea

ASX-listed Traka Resources has signed an exclusive agreement with Guinea-based Alamako Corporation International to earn a 75% interest in the Didi gold project, which is highly prospective for... 

Rand Refinery deepens support to prior mentees in mentorship programme

Gold and silver refiner Rand Refinery has reaffirmed its commitment to inclusive growth and enterprise development in the local jewellery sector, as its Silver and Gold Mentorship Programme enters... 

Mavuso calls for overhaul of auto masterplan as world dynamics change

Business Leadership South Africa CEO Busi Mavuso has expressed concern in her latest newsletter about South Africa’s automotive exports to the US, saying that, to forestall the impact of tariffs on... 

Experimental SEZ exempt from strict labour laws could demonstrate mass employment model – CDE

In a society with catastrophic levels of unemployment, special economic zones (SEZs) could move South Africa beyond its current economic paralysis, says independent policy analysis and advocacy... 

Expert panel aims to champion African-centric green industry vision

In efforts to help the African continent champion its green industrialisation, the newly formed Green Industrial Development Expert Panel (GIDEP) highlighted during its inaugural meeting last month... 

Expert panel aims to champion African-centric green industry vision

In efforts to help the African continent champion its green industrialisation, the newly formed Green Industrial Development Expert Panel (GIDEP) highlighted during its inaugural meeting last month... 

Summit aims to strike ‘new deal’ between public, private sectors as Africa navigates global changes

As protectionism rises and global trade dynamics shift, Africa CEO Forum director Adrien Fielding asserts that a “new deal” must be struck between the public and private sectors in Africa. Speaking... 

TPT installs new ship-to-shore crane at Port Elizabeth Container Terminal

The Port Elizabeth Container Terminal has acquired a new ship-to-shore crane valued at R240-million to increase its container throughput and its capacity to handle larger vessels efficiently. The... 

dtic gathers organisations to celebrate World Intellectual Property Day

The Department of Trade, Industry and Competition (dtic) will celebrate World Intellectual Property Day in KwaZulu-Natal this year. The department will host a media launch on April 16 at the... 

Gold Fields ordered to vacate Damang mine area by April 18

The Minerals Commission of Ghana has rejected JSE-listed Gold Fields’ application for an extension of the Damang main mining lease for another 30 years and instructed the company to cease... 

PTM advances smelting study alongside Waterberg pre-build development

TSX- and NYSE-listed Platinum Group Metals (PTM) says its near-term objective remains advancing the Waterberg platinum group metals (PGM) project, in South Africa, to a development and construction... 

African venture capital ecosystem data shows resilience of continental investor funds

The African Private Capital Association (Avca) finds in its ‘2024 Venture Capital in Africa’ report that last year was challenging for African start-up companies, while the continent had also... 

Even 10% US tariff will damage sugar industry – SA Canegrowers

Industry body SA Canegrowers implores the South African government to prioritise negotiations with the US on tariff reductions and exemptions to help create certainty in the agriculture industry.... 

Alternative building technology the way to go for quicker housing delivery

As Gauteng’s housing backlog continues to widen beyond the current 1.2-million units and amid lacking security of tender, which impacts on economic empowerment and employment, human settlements... 

Ford South Africa ships first locally produced PHEV Rangers

Ford South Africa has shipped its first batch of locally produced plug-in hybrid electric vehicle (PHEV) Rangers this week. During a showcase of the newly upgraded Silverton plant, in Pretoria,... 

Manufacturing output decreases in February

Manufacturing production decreased by 3.2% year-on-year in February, with the largest negative contributions made by the motor vehicles, parts and accessories and other transport equipment, having... 

Organisations partner to advance synergies in African, Americas food systems

African-led farmer institution Agra and the Inter-American Institute for Cooperation on Agriculture (IICA) has signed a memorandum of understanding (MoU) to deepen technical cooperation on... 

Murray & Roberts Cementation gets creative with reeve block system at Platreef

Specialist shaft sinking and mining contractor Murray & Roberts Cementation has successfully completed a reeve block system project at Ivanplats’ Platreef project, in Limpopo. Ivanplats needed an... 

Current global volatility may spark stronger intra-African trade

As Africa navigates the outcomes of key elections in 2024 and 2025, as well as geopolitical realignments on the back of President Donald Trump’s re-election, some caution over Africa’s credit... 

Petra withholds Cullinan diamonds tender as US tariffs create market uncertainty

London-listed Petra Diamonds has postponed its tender five sales of about 200 000 ct of diamonds recovered at the Cullinan mine, in South Africa, until there is greater clarity on the impact of... 

Ionic eager to start building Makuutu rare earths project amid China’s latest restrictions

ASX-listed Ionic Rare Earths says it is advancing discussions on the development of its Makuutu rare earths project, in Uganda, as China’s latest rare earth export restrictions increase focus on... 

Jubilee to increase yearly PGM output by 32% through excess stock partnership

Aim- and AltX-listed Jubilee Metals has signed a partnership agreement with an undisclosed platinum group metal (PGM) producer to process part of the surplus PGM and chrome feedstock generated at... 

Chance visits SABS premises to create public awareness about ongoing governance issues

Democratic Alliance (DA) member of Parliament Toby Chance on April 7 visited the premises of the South African Bureau of Standards (SABS), in Pretoria, to create awareness about allegations of... 

Dept continues to drive hydrogen competency building, invites more private collaboration

As part of its Decadal Plan 2022 to 2032 to support the commercialisation of intellectual property (IP) and increase collaboration in the business sector, the Department of Science, Technology and... 

Elementos confirms viability of Europe’s first vertically integrated tin project

ASX-listed tin developer Elementos demonstrates in a definitive feasibility study (DFS) on its Oropesa tin project, in Spain, the viability of a vertically integrated mine-to-metal smelting... 

Alba sells first premium gold coin from output at Welsh mine

London-listed Alba Mineral Resources successfully auctioned its exclusive 1 oz gold coin for £20 000 on April 3. The coin was manufactured from gold mined at the company’s historic Clogau-St... 

Embraer, Denel partner to bring next-gen aircraft to South Africa

Global aerospace company Embraer has signed a memorandum of understanding (MoU) with South African aerospace and defence company Denel to collaborate on the KC-390 Millennium aircraft. The MoU... 

Kamoa Copper signs landmark baseload solar PPA with CrossBoundary

Copper mining company Kamoa Copper has signed a power purchase agreement (PPA) with CrossBoundary Energy for the provision of baseload renewable energy to the Kamoa-Kakula Copper mining complex, in... 

Nobel to earn 100% of four copper projects in Chile

TSX-V-listed Nobel Resources Corporation has completed a transaction to acquire four copper projects in Chile from Austral Exploraciones. Nobel has the option to acquire 100% of each of the... 

Pasofino, Hummingbird reach key agreement to finally realise Dugbe project

TSX-V-listed Pasofino Gold has entered into a binding term sheet for cooperation and support with its 50.8% shareholder, Hummingbird Resources, and its parent company Nioko Resources Corporation....