St George partners with scientific agencies for niobium and REE production in Brazil

ASX-listed St George Mining has partnered with the Brazilian research and innovation agencies to advance the downstream processing and production of niobium and rare earths elements (REE) from its... 

Mkango moves to spin off assets through Nasdaq shell

Aim-listed Mkango Resources has entered into a nonbinding letter of intent (LOI) with Crown PropTech Acquisitions (CPTK), aimed at combining their businesses and listing a new entity on Nasdaq. The... 

Nova extinguishes debt to unlock antimony and gold potential

Gold and critical minerals project developer Nova Minerals has eliminated its existing convertible debt facility with Nebari Gold Fund 1 through a $5.42-million conversion of the outstanding... 

GMIN to start early works at Oko West

TSX-listed G Mining Ventures (GMIN) has received an interim environmental permit (IEP) for the Oko West gold project from Guyana's Environmental Protection Agency (EPA). This is in response to the... 

Capri Village launches Phase 3 of luxury KZN retirement living

Property developer Devmco Group has announced the launch of the third phase of its Capri Village development, in KwaZulu-Natal, which the company says is known for providing a “premier lifestyle”... 

New, innovative trolleys introduced for waste pickers in Bellville

The Greater Tygerberg Partnership (GTP) has unveiled innovative new trolleys for  informal waste pickers designed to make waste collection easier, safer and more efficient. Developed with the City... 

Iamgold completes sale of Guinea assets

TSX-listed Iamgold has finalised the sale of its 100% interest in the Karita gold project and associated exploration assets in Guinea, the company confirmed on December 23. The transaction forms... 

Scatec reaches financial close for Botswana solar project, prepares for construction

Renewable energy provider Scatec has reached financial close for the second 60 MW of the 120 MW Mmadinare solar complex in Botswana, setting the stage for construction to begin. Scatec signed a... 

Sturdee and Old Mutual acquire majority stake in Namibia's largest solar PV plant

Old Mutual Investment Group Namibia (OMIGNAM), Namibia's largest asset manager, has partnered with renewable energy company Sturdee Energy Namibia and Namibian financial services company IJG to... 

Kazera signs mineral sands offtake agreement with Fujax South Africa

Aim-listed Kazera Global subsidiary Whale Head Minerals (WHM) has signed a sales and offtake agreement for its heavy mineral sands production with Fujax South Africa – a wholly owned subsidiary of... 

Glencore CEO meets with DRC President, PM in Kinshasa

Diversified natural resources company Glencore CEO Gary Nagle met with Democratic Republic of Congo (DRC) President Félix Tshisekedi and PM Judith Suminwa on December 10 to reinforce Glencore’s... 

Rio Tinto to invest $2.5bn in Rincon lithium project capacity expansion

Diversified mining company Rio Tinto has approved a $2.5-billion investment to expand the Rincon project, in Argentina – the company's first commercial scale lithium operation – demonstrating its... 

GTI Energy starts scoping study at US project as resource increases by 50%

ASX-listed uranium company GTI Energy has increased the mineral resource estimate (MRE) of its Lo Herma project, in the Power River basin, in Wyoming, in the US, by 50% to 8.57-million pounds... 

AfDB leads $1.2bn financing syndication for Tanzania's Standard Gauge Railway project

The African Development Bank (AfDB) has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilise up to $1.2-billion for Tanzania's... 

Glencore nonexecutive director to retire

David Wormsley will step down as nonexecutive director of diversified natural resources company Glencore, with effect from December 31.  Wormsley was appointed as independent nonexecutive director... 

Gem Resources completes processing plant upgrades, begins Phase 2 operations

London-listed Gem Resources has successfully completed the refurbishment and upgrades to the processing plant at its Gravelotte emerald mine, in South Africa. The improvements included the... 

Endeavour to undertake DFS at Assafou project following positive PFS results

London- and Toronto-listed Endeavour Mining Corporation has completed a positive prefeasibility study (PFS) for the Assafou-Dibibango project on the Tanda-Iguela property, in Côte d’Ivoire. The... 

Climate hazards will slash 7% off corporate earnings yearly by 2035, researchers warn

Businesses must act now to address growing climate risks or face steep financial losses, the World Economic Forum (WEF) stresses in two new reports. Companies that delay could see up to 7% of... 

Department launches new entity for small businesses

The Department of Small Business Development has launched a new entity, the Small Enterprise Development and Finance Agency, or Sedfa, with the aim to scale up support to small businesses or micro,... 

A positive outlook for 2025 as GVK-Siya Zama racks up big wins in 2024

Privately owned construction company GVK-Siya Zama accomplished several significant milestones this year that strengthened its position in the construction industry. One of its primary achievements... 

ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project

Global technology company ABB has been selected by global mining company BHP to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist at... 

Production ramp-up at Homase remains on target

Aim-listed Goldstone Resources has reported that the production ramp-up at its Homase mine, in south-western Ghana, continues to advance in line with expectations. The company notes a 34% increase... 

Moab completes validation drilling programme in Tanzania

Australia-listed Moab Minerals has completed drilling at the Manyoni uranium project, in Tanzania, and the first batch of assay results is expected in late December or early January. Moab has now... 

Agbiz/IDC Agribusiness Confidence Index increases further in the fourth quarter

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation (IDC) Agribusiness Confidence Index (ACI) increased by ten points quarter-on-quarter to 58 in the fourth quarter of this... 

Africa50 fund secures new investment pledge from the DBSA

The Africa50 Infrastructure Acceleration Fund (IAF) has reached a new milestone, with the Development Bank of Southern Africa (DBSA) and pan-African group Axian having agreed to invest in the IAF.... 

Another M&R director resigns

JSE-listed Murray & Roberts has reported that Alexandra Muller has resigned from the board of directors of the group with effect from December 9. “The board wishes to thank Ms Muller for her... 

Emmerson raises £850 000 to finance strategic initiatives

London-listed potash development company Emmerson has raised £850 000, before expenses, through an oversubscribed placing and subscription of 130.77-million new ordinary shares of no-par value each... 

Busa expresses frustration over UIF’s ongoing failures

The operational inefficiencies and governance failures of the Unemployment Insurance Fund (UIF) are letting down hundreds of thousands of workers, many of whom are now facing a festive season... 

GFRP Tech launches first of its kind manufacturing facility in South Africa

Glass fiber reinforced polymer (GFRP) products supplier and manufacturer GFRP Tech has launched the first manufacturing facility of its kind in South Africa, in Linbro Park, Gauteng, for the... 

Africa50 signs agreement to manage International Solar Alliance’s Africa Solar Facility

The International Solar Alliance (ISA) and Africa50 have signed a landmark term sheet laying out the key terms on which Africa50, the pan-African infrastructure investor and asset manager, will... 

EIB commits $80m to Pembani Remgro Infrastructure Fund II

The European Investment Bank (EIB) has committed $80-million in equity to the Pembani Remgro Infrastructure Fund II (PRIF II) to finance infrastructure projects in sub-Saharan Africa. The PRIF II... 

ICMM publishes new resources to drive diversity, equity performance

Mining and metals advocacy group the ICMM has announced a collective goal to drive more diverse, safe and inclusive mining workplaces by establishing a benchmark on gender representation and... 

Marula to move Blesberg to contract mining

Africa-focused mining and development company Marula Mining has confirmed that mining operations at its Blesberg lithium and tantalum mine, in South Africa, will move to a contract mining basis in... 

Akobo reports final November gold production of 10 kg

Following the completion of all smelting operations for November, Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals has reported final gold... 

Paladin restarts Langer Heinrich plant following shutdown

Australia-based uranium producer Paladin Energy has reported that the Langer Heinrich Mine (LHM) plant, in Namibia, has been restarted following the planned November shutdown. During the shutdown,... 

Perseus remains upbeat about Nyanzaga’s development as investment decision nears

Africa-focused gold miner Perseus Mining says it is well advanced in its review of existing geology, mining engineering and mineral processing studies at the Nyanzaga gold project, in Tanzania,... 

Joint operation exposes illegal electricity operation near Fochville

A collaborative operation involving State-owned Eskom’s Gauteng Distribution Security, the South African Police Service (SAPS), City Power and Eskom-contracted security personnel uncovered a... 

GuarantCo, BII partner to unlock $500m of new renewable power for South Africa

GuarantCo – part of the Private Infrastructure Development Group (PIDG) – and UK development finance institution British International Investment (BII) expect to unlock $500-million of new... 

Fortress upgrades distributable earnings forecast to R1.78bn

Real estate investment company Fortress Real Estate Investments has revised its distributable earnings forecast for financial year 2025 to R1.78-billion, representing 147.80c a share, a 16.9%... 

Mulilo reaches financial close on 75 MW solar plant

Independent power producer Mulilo has reached financial close on the Ukuqala Solar Project, in the Northern Cape. This is the sixth project that Mulilo has closed this year, adding 75 MW to...