Panellists discuss local business environment amid Budget speech postponement

Following the postponement of the Budget speech from February 19 to March 12, panellists at the PwC ‘Responsible growth for a sustainable future’ panel discussion, on February 21, considered South... 

SolarButterfly educational tour to reach Waterfall City soon

The SolarButterfly – a solar-powered, 30-ft-long house in the shape of a butterfly, which charges an electric vehicle that tows it – is undertaking a tour across South Africa as part of a worldwide... 

Hydropower study confirms sustainable, low-cost power supply for Orom-Cross

London-listed Blencowe Resources has completed an initial hydropower study for its Orom-Cross graphite project, in Uganda. The study confirms the availability of abundant, low-cost and renewable... 

Mondi posts 13% y/y drop in Ebitda amid difficult trading conditions

Packaging and paper group Mondi has reported a 13% year-on-year decrease in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to €1.05-billion for the year ended... 

Appian to acquire the majority shareholding in Rosh Pinah Solar Park

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 

Tertiary Minerals advances drilling at Konkola West

Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the... 

West Wits secures credit approval for R902m loan facility to advance Qala Shallows

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 

GoviEx progresses Muntanga project financing

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 

Higher gold price boosts AngloGold’s headline earnings, free cash flow

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 

Northam finalises PPA for wheeled wind energy

Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind... 

Metlen secures long-term strategic agreements with Rio Tinto for bauxite, alumina

Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both... 

Sovereign completes Kasiya testwork

ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key... 

Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef

TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3... 

MMC procures crystalliser plant to produce battery-grade manganese material

Manganese producer and exporter Manganese Metal Company (MMC) has awarded crystallisation and evaporation plant and systems provider JordProxa Africa a contract to supply it with a crystalliser... 

Orion Minerals’ BEE transactions for Okiep clear path for project financing

The suspensive conditions to transactions between ASX- and JSE-listed Orion Minerals’  New Okiep Exploration Company (NOE) and New Okiep Mining Company (NOM) and historically disadvantaged South... 

Marula to finalise NCLT project acquisition following receipt of prospecting right

Following the receipt of the signed prospecting right for the Northern Cape lithium and tungsten (NCLT) project in December, Africa-focused mining and exploration investment company Marula Mining... 

Mantengu buys MIB’s iron beneficiation plant

JSE-listed Mantengu Mining has acquired Masorini Iron Beneficiation’s (MIB’s) iron beneficiation plant in Phalaborwa, Limpopo, for R18.97-million. Mantengu says this strategic move positions the... 

Mpact lists on A2X Markets

Paper and plastics packaging and recycling business Mpact’s shares have become available for trade on A2X Markets from February 11. "We are delighted to welcome Mpact to our market today and look... 

Toll road tariff to increase by 4.84% from March 1 – Sanral

The South African National Roads Agency Limited (Sanral) has announced an adjustment to the toll tariffs, effective from March 1. The toll tariffs, which are adjusted yearly in line with the... 

Implats delivers ‘commendable’ operating performance, but warns of lower headline earnings

JSE-listed Impala Platinum (Implats) says it delivered a commendable operating performance in the first half of financial year 2025, following group-wide labour restructuring and changes to... 

Citrus growers ask for urgency on ports, rail to deliver on SoNA commitments

As Parliament debates President Cyril Ramaphosa's State of the Nation Address (SoNA) this week, the Citrus Growers' Association of Southern Africa (CGA) says it welcomes the President's commitment... 

Katoro raises funds as it seeks to expand its critical minerals portfolio in Canada

Aim-listed Katoro Gold has announced conditional equity financing of £317 500 through the issue of 635-million new ordinary shares, at a placing price of 0.05p per placing share. Katoro says the... 

Discovery Insure launches Vitality Car Rating offering

Insurance company Discovery Insure – in partnership with second-hand car dealerships Motus Select and Weelee ­– has launched the Discovery Insure Vitality Car Rating offering ­­– a market-first,... 

Trump’s policies to have major impact on global critical minerals sector

The global minerals and metals sector is expected to face significant volatility owing to expected dollar strength and trade policy shifts led by US President Donald Trump, with sentiment highly... 

BMI expects lower metal prices this year

Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury... 

OR Tambo International Airport among top ten busiest airports in Middle East, Africa region

In a media release, Airports Company South Africa (ACSA) has acknowledged the recent data released by global aviation database and analytics company OAG’s Global Airline Schedules, which highlights... 

RCL Foods expects to report higher interim earnings

JSE-listed RCL Foods expects its headline earnings per share (HEPS) from total operations for the six months ended December 31 to be between 106c  and 112c when compared with the reported HEPS of... 

Barrick reports higher reserves, with Reko Diq making a substantial contribution

Global gold and copper miner Barrick Gold Corporation has reported that its attributable proven and probable gold mineral reserves have increased by 17.4-million ounces before 2024 depletion.... 

Metso launches new screening fabrication, assembly, testing and painting facility in Gauteng

Minerals and aggregates process solution company Metso, in partnership with specialist fabrication company Efficient Engineering, has launched its screening fabrication, assembly, testing and... 

Updated Uis MRE shows increases in average lithium grade, contained metal tonnage

Aim-listed Andrada Mining’s updated mineral resources estimate (MRE) for the V1V2 pegmatite at the Uis tin mine, in Namibia, shows increases in average lithium grade and volumes of the measured and... 

DRDGOLD expects to report up to 70% increase in EPS, HEPS

JSE-listed DRDGOLD says it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 109.2c and 116c for the six months ended December 31. That compares with the... 

Jubilee progressing plans to accelerate copper production in Zambia

London- and Johannesburg-listed Jubilee Metals has reported progress on restarting its Roan operations, in Zambia, following stable power delivery, as well as the processing of new higher-grade... 

Industry leaders share critical insights at Automechanika CEO networking event

Prominent figures in the automotive industry met at the Southern African-German Chamber of Commerce and Industry, in Johannesburg, on January 31, for a combined Automechanika CEO lunch and... 

Hollard Insure appoints Andrew Coutts CEO

Insurance company Hollard Insurance Company has appointed Andrew Coutts as CEO of Hollard Insure – the short-term insurance division of South Africa’s largest privately owned insurer – succeeding... 

Copper 360 completes first on-ore blast at Rietberg

JSE-listed Copper 360 reports that it successfully executed the first on-ore blast at its Rietberg mine, in the Northern Cape, on January 31. The company says this marks the first such blast in 42... 

Lake Victoria’s first scheduled RoRo freight vessel sets sail

East Africa Marine Transport (EAMT) has commissioned Lake Victoria’s first scheduled roll-on/roll-off (RoRo) freight vessel, the MV MPUNGU. Offering faster and safer crossings and reduced carbon... 

Traxtion expands operations into Angola with new contract

Private freight rail company Traxtion has expanded its operational footprint into Angola after signing a contract with a concessionaire on the Lobito Rail Corridor. While Traxtion has previous... 

Mkango closes £2.34m private placement

A private placement by Aim-listed Mkango Resources to raise gross proceeds of £2.33-million through the issuance of 29.19-million common shares at a price per subscription share of 8p, has closed.... 

Alexforbes launches National CIPC Sustainability Reporting Market Sentiment Survey

JSE-listed financial services company Alexforbes has launched a National Companies and Intellectual Property Commission (CIPC) Sustainability Reporting Market Sentiment Survey to assess market... 

Standard Bank leads debt funding of pioneering Eswatini hydropower project

Standard Bank has announced the close of a R567-million deal to fund Eswatini’s 13.5 MW Lower Maguduza hydropower project. The project was sponsored and developed by African Clean Energy...