Aggressive scrap metal policies should be based on transparent data, not conjecture, expert says

Significant alterations to existing scrap metal regulations and outright bans – albeit temporary – on the trade of certain scrap metals should not be made without access to transparent and accurate... 

National Treasury welcomes signing of Pension Funds Amendment Act into law

National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This signals the last part of the significant... 

Resolute reports strong second-quarter performance

Australia- and London-listed Resolute Mining has reported a “strong” second quarter across both the Syama operation, in Mali, and the Mako project, in Senegal. In its quarterly activities report... 

Verra appoints Mandy Rambharos as CEO

Climate action and sustainable development non-profit organisation Verra has decided to appoint Mandy Rambharos CEO, effective August 12. She will succeed Judith Simon, who has been interim CEO... 

Gemfields reports $121m first-half auction revenue

Gemstone miner Gemfields has reported total auction revenues of $121-million for the six-month period ended June 30, with demand for rough emeralds and rubies continuing to remain robust. In the... 

Orion reports robust assay results from Okiep project’s Flat Mines area

ASX- and JSE-listed Orion Minerals has reported robust assay results from the confirmation diamond drilling programme in the Flat Mines area at its Okiep Copper Project (OCP) in the Northern Cape.... 

Kamoa-Kakula maintains 2024 copper production guidance of up to 490 000 t

TSX- and OTCQX-listed Ivanhoe Mines has reported that its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) produced 100 812 t of copper in concentrate during the second quarter... 

Thermal coal prices stagnate amid oversupply, weak demand

Market research firm BMI, a Fitch Solutions company, says thermal coal prices will remain stagnant owing to oversupply and weak demand. The company maintains its Newcastle thermal coal price... 

Nearly three-quarters of investors unsatisfied with quality of ESG reporting

Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial... 

AECI share price dips following lacklustre six-month performance

JSE-listed chemicals company AECI recorded a near 13% drop in its share price on the JSE on July 24 after issuing a trading statement wherein it advised shareholders to expect a 59% to 64% drop in... 

Seifsa cites problems with proposed amendments to scrap metal trading laws

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has criticised the proposed amendments to the Regulations to the Second-Hand Goods Act put forward for... 

Bezant signs nonbinding agreement to roll out solar solution at Namibia project

London-listed Bezant Resources has signed a nonbinding letter of intent (LOI) to enter into a partnership with CrossBoundary Energy Management and Eversolar for the provision of a renewable and/or... 

Production now under way at FQM’s Enterpise nickel mine in Zambia

TSX-listed First Quantum Minerals (FQM) has declared commercial production, as of June 1, at the Enterprise nickel mine, which is 12 km from the company’s Sentinel copper mine in the North-Western... 

Mkango’s UK rare earth magnet plant to come online in early 2025

Aim-listed Mkango Resources has confirmed that the start-up of commercial operations of the short-loop rare earth magnet recycling and manufacturing plant at Tyseley Energy Park, in Birmingham, in... 

TFR boasts slight improvement but admits much work still to be done

Although there has been a “slight” improvement year-on-year in terms of State-owned Transnet Freight Rail’s (TFR’s) North Corridor performance, the beleaguered rail operator is “not out of the... 

New online information hub on South African scrap metal industry launched

A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the... 

Pensana chairperson sells 1.5m shares to provide working capital for the company

London-listed Pensana has announced that, further to the £2-million facility made available to the company by two of its directors in March, chairperson Paul Atherley has sold 1.5-million ordinary... 

Akobo’s Segele gold processing plant operational

Gold exploration and mining company Akobo Minerals has announced that its Segele processing plant, in Ethiopia, is now operational. The commissioning process has successfully activated the majority... 

De Beers’ Jhb rough diamond sorting, sales building receives green star rating

Diamond miner De Beers’ new rough diamond sorting, valuation and sales building Sky Park, in Johannesburg, has received a five-star interior green rating and two four-star green building ratings... 

South32’s South African manganese, aluminium operations deliver solid output

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 

Liquid-cooled AI data centres crucial but challenging in water-scarce South Africa

As the demand for AI processing power grows and thermal loads increase, liquid cooling has become a critical element in data center design. However, technology company Schneider Electric... 

Century-old Kipushi mine returns to production following 31-year pause

Dual-listed Ivanhoe Mines has announced the completion of construction and the restart of the Kipushi zinc/copper/lead/germanium mine, in the Democratic Republic of Congo (DRC), 100 years after it... 

Over-taxation in automotive market will undermine BEV adoption in South Africa

South Africa’s automative market is going to struggle to transition to battery electric vehicles (BEVs), specifically because of the country’s “peculiar” automotive market structure, which Toyota... 

Cleaver, Newton-King join AngloGold board

Gold mining company AngloGold Ashanti has announced that former De Beers CEO Bruce Cleaver and former JSE CEO Nicky Newton-King have been appointed as independent nonexecutive directors with effect... 

Kenmare on track to achieve full-year guidance

Titanium and zircon producer Kenmare Resources has confirmed in a July 17 trading update for the quarter and half-year ended June 30, that it is on track to achieve its full-year guidance on all... 

Critical Mineral Resources acquires project in Morocco

Exploration and development company Critical Mineral Resources (CMR), which is focused on critical metals and minerals, has signed an exclusive option to acquire the Igli project, a high-grade... 

Liquid cooling crucial for power-intensive AI data centres

Liquid cooling technology is critically important for the future of data centres, technology company Schneider Electric secure power division cooling innovation and strategy director Maurizio... 

iMasons Climate Accord calls for improved EPD reporting to boost data centre industry sustainability

The governing body of the iMasons Climate Accord (ICA), which is a programme of Infrastructure Masons, has called on the digital infrastructure industry to more widely adopt the publication of... 

Schneider Electric launches automated sustainability reporting tool for data centres

Technology company Schneider Electric has introduced new model-based, automated sustainability reporting features within its EcoStruxure IT data centre infrastructure management (DCIM) software.... 

Orion reports robust assay results from Okiep project's Flat Mines area

ASX- and JSE-listed Orion Minerals has reported robust assay results from the confirmation diamond drilling programme in the Flat Mines area at its Okiep Copper Project (OCP) in the Northern Cape.... 

Eskom employee, service provider face fraud charges in court

An employee of State-owned Eskom and a service provider to the utility last week appeared in the Hendrina Magistrate Court, in Mpumalanga, on charges of fraud, with each granted bail of R30 000. It... 

Successful steady-state operations under way after halted operations at Homase

Following the halting of operations at the Homase gold project, in south-western Ghana, in 2023, to review the design of the processing plant, Aim-listed gold producer GoldStone Resources has... 

Kamoa-Kakula delivers nearly 187 000 t of copper in first half

TSX- and OTCQX-listed Ivanhoe Mines has reported that its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) produced 100 812 t of copper in concentrate during the second quarter... 

Sovereign starts trading on OTCQX

ASX- and Aim-listed Sovereign Metals has also started trading on the OTCQX under the ticker symbol SVMLF. The OTCQX is the highest market tier of OTC markets on which more than 12 000 US and global... 

Ivory Park capital development on track following oversight visit, CoJ says

City of Johannesburg (CoJ) Member of the Mayoral Committee (MMC) for Development Planning councillor Eunice Mgcina, along with Johannesburg Development Agency (JDA) CEO Themba Mathibe, conducted an... 

GNU Cabinet announcement gave business confidence a boost, says BLSA

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that business confidence is growing on the back of the announcement of the new government of national unity... 

Krugersdorp children in danger of poisoning from abandoned mines, UP scientist says

University of Pretoria (UP) Department of Chemistry water remediation expert Dr Alseno Kagiso Mosai has cautioned that young children in Krugersdorp are breathing in uranium, arsenic and mercury... 

Blencowe achieves conversion of 600 t bulk sample to graphite concentrate

London-listed Blencowe Resources has completed a crucial step in commercial-scale testing by converting 600 t of in situ raw material into 30 t of graphite concentrate. The bulk sample conversion... 

Aton reports promising gold finds after second round of drilling at Semna

TSV-X-listed Aton has reported “promising” results from its Phase 2 diamond drilling programme at the Semna gold mine in the Abu Marawat concession in the Eastern Desert of Egypt. The recently... 

Orion issues share purchase plan for R60m capital-raise

ASX- and JSE-listed Orion Minerals has provided a copy of a share purchase plan (SPP) offer booklet and application form, which is in the process of being dispatched to eligible shareholders, to...