SOEs remain a vital driver of industrialisation despite recent failures – Seifsa

Despite State-owned enterprises (SOEs) having come under great scrutiny in the last decade, they still have a critical industrialisation role to play. “Demand from SOEs still presents a massive... 

Kula forms JV for exploration on Malawi nobium prospect

ASX-listed Kula Gold has formed a joint venture (JV) with an unrelated third party called African Rare Metals to apply for an exploration licence on the Wozi niobium project, in Malawi. The terms... 

Unctad says mixed foreign direct investment activity in 2024 shows shifting dynamics

Foreign direct investment (FDI) globally grew by 11% to $1.4-trillion last year, but contracted by 8% when excluding flows through European conduit economies. United Nations Conference on Trade... 

Coaltech delves into new uses for coal discards among new research priorities

Research organisation Coaltech has announced an ambitious portfolio of projects for the 2025/26 financial year, demonstrating the organisation’s commitment to sustainability, environmental... 

Rome Resources confirms wide intercepts of tin, copper at Mont Agoma

Aim-listed tin exploration company Rome Resources has confirmed significant widths of tin mineralisation from the first two of five completed diamond core drill holes on the Mont Agoma tin... 

No meaningful progress on avian influenza vaccination risks more outbreaks this year

The South African Poultry Association (SAPA) says the sector remains vulnerable to renewed outbreaks of avian influenza, particularly as many European countries and most of the US are currently... 

Deep Yellow defers final investment decision on Tumas to March 2025

Following delays in receiving final costing and quotes for detailed engineering work, ASX-listed uranium miner Deep Yellow has decided to defer a final investment decision on its Tumas project, in... 

Guinea govt grants enviro approval for Predictive’s Bankan project

The government of Guinea has approved ASX-listed Predictive Discovery’s environment- and socia-l-impact assessment on the Bankan gold project. Having issued a certificate of environmental... 

Premier African Minerals, Canmax reaffirm goal to start flotation plants at Zulu

UK-based mining and exploration company Premier African Minerals has confirmed its principal shareholder Canmax Technologies remains committed to working with the company to ensure the... 

Tertiary dives deeper into silver discoveries at Mushima North

Aim-listed Tertiary Minerals has confirmed economically significant mineralisation of silver and cobalt at its Mushima North project, in Zambia, in addition to the project’s already identified... 

Kenmare reports slight improvement in full-year ilmenite output, shipments

London-listed Kenmare Resources delivered a strong finish to the year ended December 31, having exceeded the midpoint of its production guidance range for ilmenite and the upper end of guidance... 

Coega Development Corporation formally parts ways with suspended CEO

Following a thorough internal review and disciplinary process, the Coega Development Corporation (CDC) has decided to dismiss its suspended CEO Kwezi Tiya effective December 19. The CDC says Tiya... 

Botswana Diamonds applies for licences over new AI-identified targets

London-listed Botswana Diamonds has applied for three prospecting licences to secure key anomalies identified by its recent AI-driven exploration programme. The company’s AI analysis, which was... 

Holliday, Cutifani join new advisory organisation Resource Resolutions’s council

Newly established advisory organisation Resource Resolutions (RR) has announced that two industry executives will join its Global Advisory Council, Chad Holliday and Mark Cutifani. RR is using the... 

World Bank says developing economies face toughest growth conditions since 2000

The World Bank’s latest ‘Global Economic Prospects’ report states that developing economies are projected to finish the first quarter with the weakest long-term growth outlook since 2000. Even as... 

Association unpacks vast solar, storage advancements in Africa

Rwanda-based Africa Solar Industry Association (Afsia) notes in its latest ‘Africa Solar Outlook’ report that between 400 GW and 600 GW of solar capacity was installed, globally, in 2024, marking a... 

CreditSights questions cultural match between Rio Tinto, Glencore amid rumoured merger

Fitch Solutions company CreditSights says a rumoured merger between major diversified miners Rio Tinto and Glencore could result in a $126-billion company. However, the rumoured merger raises... 

AgriSA outlines priorities for South Africa’s G20 leadership

As South Africa assumed the presidency of the Group of 20 (G20) and its private sector engagement group Business 20, industry body AgriSA says this leadership position presents an opportunity for... 

Creecy says FlySafair request for exemption from ownership regulations ‘premature’

Transport Minister Barbara Creecy has called airline FlySafair's request for an urgent Ministerial exemption from a disputed legal provision of the Air Service Licensing Act "premature". She has,... 

Danish bank expresses interest in financing GreenRoc graphite project in Greenland

Greenland-focused GreenRoc Strategic Materials has received a letter of interest from the Export and Investment Fund of Denmark (EIFO) to provide funding for the company’s Amitsoq graphite project,... 

Metlen confirms it will build first-ever industrial gallium plant in Greece

Athens-listed industrial and energy company Metlen Energy & Metals has confirmed that it will proceed with the implementation of a new large-scale investment in the production of bauxite, alumina... 

US will likely be star performer amid world economic woes

The World Economic Forum (WEF) finds in its latest ‘Chief Economists Outlook’ report that only 17% of economists foresee an improvement in the global economy this year, with 56% of respondents... 

Godongwana notes importance of collaboration as South Africa seeks international support at WEF

Finance Minister Enoch Godongwana has emphasised the importance of collaboration between business and government as South Africa has an opportunity to highlight its strengths on the global stage.... 

Canyon appoints finance veteran CFO

ASX-listed Canyon Resources has appointed Kudzai Mtsambiwa CFO effective January 15. He will also assume the role of company secretary and manage the group's investor relations.  

Increasingly fragile global landscape demands resilience, sustainable solutions - WEF

The World Economic Forum (WEF) finds in its latest ‘Global Risks’ report that the global landscape has become increasingly fractured, with escalating geopolitical, environmental, societal and... 

Cybercrime again leads Allianz Risk Barometer this year

Cyber incidents, business disruption and natural catastrophes have emerged as the top three areas of concern for companies globally this year, according to the latest Allianz Risk Barometer. The... 

Hummingbird, subsidiary agree key terms with Mali govt on Yanfolila mine

Aim-listed gold miner Hummingbird Resources’ subsidiary in Mali has reached an agreement with that country’s government regarding operational parameters for the Yanfolila gold mine. Hummingbird and... 

Goldstone nears 1 000 oz a month production rate at Homase

Aim-listed Goldstone Resources is maintaining an ore stack rate of 48 000 t a at the Homase mine, in Ghana, as production ramps up. The company poured 416 oz of gold in December, with production... 

M&R appoints another interim chairperson

JSE-listed engineering and contracting group Murray & Roberts (M&R) has appointed Alex Maditsi interim chairperson, effective immediately. This follows the resignation of Clifford Raphiri on... 

Coaltech, Mpumalanga Green Cluster Agency partner to advance JET initiatives

Johannesburg-based research institute Coaltech has signed a memorandum of agreement (MoA) with the Mpumalanga Green Cluster Agency (MGCA) to support research and innovative solutions towards Just... 

Marula to ship first batch of Kinusi copper ore by end January

While Africa-focused mining and exploration investment company Marula Mining continues to develop the Kinusi copper mine, in Tanzania, the company has completed its first sale of 1 000 t of copper... 

Akobo announces new mine plan to accelerate extraction at Segele

Norwegian mining company Akobo Minerals has announced a new mine development plan to accelerate production and commissioning of a processing plant at its Segele mine, in Ethiopia. The three-phase... 

Home Affairs selects first participants in new tourism promotion scheme

The Department of Home Affairs (DHA) has selected the first round of participating companies in its new Trusted Tour Operator Scheme (TTOS). The scheme is aimed at boosting tourism arrivals from... 

Commission tasks munis, agents and retailers to fix distortion in fresh produce market

After launching a market inquiry into the fresh produce industry in March 2023, the Competition Commission has released its final report on the matter confirming that there are significant barriers... 

US/China tension likely to drive demand for some commodities – Ninety One

This year is poised to have various influences impacting on commodity markets, including Donald Trump’s re-election as US President, says private baking organisation Ninety One. In unpacking the... 

BMI unpacks lower-price outlook for zinc

Market analyst BMI has maintained its zinc price forecast for this year at $2 650/t owing to weaker supply and demand dynamics; however, refined zinc production will likely trend higher this year... 

Consultancy says digitalisation, energy transition to shape mining industry this year

Shifting global demand and new opportunities for forward-thinking organisations in the mining industry is reshaping the industry this year, says business management consultancy OIM Consulting CEO... 

Thor Explorations increases output, progresses various drill programmes

TSX-V- and Aim-listed Thor Explorations, which owns and operates the Segolila mine, in Nigeria, has increased its gold production to 85 057 oz in the year ended December 31, compared with the 84... 

Namibia says Shell write-down of offshore discoveries ‘not a setback’

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its offshore oil discoveries, stating that the country it remains committed... 

Thor confirms down-dip continuity of mineralisation at Segilola

TSX-V- and Aim-listed Thor Explorations has uncovered promising mineralisation near the Segilola gold mine, in Nigeria, as part of an ongoing diamond drilling programme. The programme is...