Implats expects increase in full-year basic EPS, but lower HEPS

JSE-listed Impala Platinum (Implats) expects to report an improvement in basic earnings per share (BEPS) for the year ended June 30, but warns that headline earnings per share (HEPS) are expected... 

Zanaga reports improved targeted economics for Congo-Brazzaville project

Aim-listed Zanaga Iron Ore Company has reported a material improvement in the targeted economics at its flagship Zanaga project, in Congo-Brazzaville, driven by the ability to produce a high-grade... 

Sovereign Metals confirms mining method, fleet design for Malawi

Aim- and ASX-listed Sovereign Metals has confirmed the mining method and completed the mining fleet design for the Kasiya rutile/graphite project, in Malawi, representing another significant... 

Gemfields sells Fabergé for $50m

Gemstone miner Gemfields has signed an agreement to sell its entire interest in wholly-owned luxury brand Fabergé to SMG Capital for $50-million. Of that sum, $45-million is payable to Gemfields by... 

Caledonia reports strong second quarter

NYSE- and Aim-listed gold miner Caledonia Mining delivered a strong quarter ended June 30, with record second-quarter gold production at its Blanket mine, in Zimbabwe, and a considerable increase... 

Redefine commemorates three new net-zero carbon certifications from the GBCSA

JSE-listed real estate investment trust (Reit) Redefine Properties has been awarded three new Net Zero Carbon Level 2: Building and Occupant Emissions (Measured) certifications by nonprofit the... 

Sanral signs R7bn loan deal with New Development Bank

The South African National Roads Agency Limited (Sanral) on July 22 signed a R7-billion loan agreement with multilateral development bank the New Development Bank (NDB) to support the agency’s... 

Transnet, Hotazel Manganese Mines sign 10-year export agreement

State-owned Transnet and Hotazel Manganese Mines (HMM), a joint venture operated by a wholly-owned subsidiary of South32, have signed a ten-year contract under the third phase of the Manganese... 

Sappi’s third-quarter performance hampered by challenging conditions

Paper and pulp manufacturer Sappi reported a loss of $33-million for the third financial quarter of the year, compared with the profit of $51-million reported for the third quarter of its 2024... 

Jubilee progressing Zambia strategy

Diversified metals producer Jubilee Metals has reported significant progress across its Zambia portfolio, which has in place all the assets the company needs to maintain the momentum on its copper... 

Standard Bank highlights solutions to derisk infrastructure project in Africa

Infrastructure development serves as an essential foundation for economic growth across the continent, but projects in African markets encounter distinct challenges and, therefore, the effective... 

JSE delivers strong interim performance

The JSE delivered a strong first-half performance, with net profit after tax for the six months ended June 30 up 13.2% year-on-year to R557.8-million, group CEO Leila Fourie says in a statement... 

Rio Tinto reports progress in achieving global tailings management standard conformance

Diversified miner Rio Tinto chief technical officer Mark Davies says the group has worked hard over the past five years to bring its tailings facilities into conformance with the Global Industry... 

Askari complete technical due diligence at Ethiopia project

ASX-listed Askari Metals has completed technical due diligence on the Nejo gold and copper project, in Ethiopia, a key condition precedent for settlement of the acquisition, subject to shareholder... 

Lotus receives ESIA certificate for Kayelekera mine

ASX-listed Lotus Resources’ 85%-owned subsidiary Lotus (Africa), the owner of the Kayelekera uranium project, in Malawi, has received the environmental- and social-impact assessment (ESIA)... 

Implats improves units costs during full-year, but production volumes decrease

JSE-listed Impala Platinum (Implats) says it delivered a “commendable” performance across its mining and processing assets for the full-year ended June 30. Unit costs benefitted from easing input... 

Registrations open for Mintek-Science Convention for Innovators

National mineral research organisation Mintek has called on young researchers to register for the second yearly Mintek-Science Convention for Innovators (SCi), a national platform for emerging... 

Canyon completes first drawdown from credit facility to progress Cameroon project

ASX-listed Canyon Resources has completed the first drawdown from its $140-million credit facility with AFG Bank Cameroon after satisfying the required drawdown conditions, with the initial... 

Mpact’s interim trading, profitability impacted by challenging trading environment

Paper and plastics packaging business and recycler Mpact says it continued to face a persistently challenging trading environment during the six months ended June 30, resulting in trading and... 

FlySafair, Solidarity reach agreement

After 12 days of lockout and strike action by FlySafair pilots, an agreement has been reached between the airline and trade union Solidarity, following mediation by the Commission for Conciliation,... 

South Africa records preliminary trade balance surplus in June – Sars

South Africa recorded a preliminary trade balance surplus of R22-billion in June, the South African Revenue Services (Sars) reports. This surplus was attributable to exports of R170.7-billion and... 

DFFE welcomes renewable energy research project

Forestry, Fisheries and the Environment Minister Dr Dion George has applauded the launch of the Communities and the Private Renewable Energy Sector: Distributing Social Development Benefits in... 

FFF Carbon to host responsible coal-fired power generation discussion

As part of its Colloquia in Energy, Economics and the Environment, nonprofit organisation FFF Carbon will host its first series, “Power Generation: Opportunities for responsible coal-fired power... 

Two Copper 360 directors resign from board amid restructuring process

Gordon Thompson and Quinton Adams have resigned from the board of JSE-listed Copper 360 with effect from July 31, as a consequence of the company restructuring its management, operational and... 

Blencowe signs graphite offtake agreement with UK-based firm

London-listed Blencowe Resources has signed a nonbinding agreement for the offtake of natural fine flake concentrate from its Orom-Cross graphite project, in Uganda, with UK-based advanced... 

US tariff poses threats to agriculture, but ‘challenging’ negotiations continue – Agbiz

South Africa now faces a 30% tariff on its exports to the US, and the country’s agricultural products are at a disadvantage relative to those of competitor countries, such as Peru and Chile, that... 

Thermo Fisher Scientific, SAMRC, DSTI launch new scientific training facility

Life-science and clinical research company Thermo Fisher Scientific, Department of Health entity the South African Medical Research Council (SAMRC) and the Department of Science, Technology and... 

GMA secures certification for its IMS

The Gautrain Management Agency (GMA) has secured ISO certification for its Integrated Management System (IMS), demonstrating full compliance with internationally recognised standards in quality... 

Endeavour on track to meet guidance following strong first half

London-listed Endeavour Mining recorded a strong second quarter, capping an “excellent” first half of the year with 647 000 oz of gold produced at an all-in sustaining cost (AISC) of $1 281/oz,... 

Ivanhoe reports second-quarter profit, despite DRC flooding challenges

Base and precious metals miner Ivanhoe Mines reported a second-quarter profit of $35-million and adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of $123-million,... 

Mondi delivers solid interim performance

Packaging and paper manufacturer Mondi delivered a solid performance for the six months ended June 30, in a challenging trading environment, with underlying earnings before interest, taxes,... 

Price, liquidity poses risks to gold accumulation strategy – BMI

The recent trend towards accumulating gold as a means of reserve diversification in sub-Saharan Africa and emerging markets more broadly is not without risk, with the two primary ones being price... 

Report shows irregularities, fraud in PSA oxygen plant tender – Macpherson

Public Works and Infrastructure Minister Dean Macpherson on July 29 released the findings of an independent forensic investigation undertaken by PwC into the over R800-million Pressure Swing... 

Switch Metals making progress at Issia project

London-listed Switch Metals reports that significant progress is being made at its district-scale Issia tantalum project, in Côte d'Ivoire. The company has been conducting exploration at its... 

Resolute delivers on growth initiatives, cash flows for the second quarter

ASX-listed Resolute Mining continued to deliver during the second quarter, ended June 30, including advancing its strategic growth initiatives at the Syama operation, in Mali, and the Mako... 

Botswana Diamonds awarded AI-identified acreage

London-listed Botswana Diamonds has been awarded four prospecting licences in Botswana following an extensive country-wide AI-driven exploration programme which generated several highly prospective... 

Tetra Pak augmenting sustainability efforts in South Africa

Food processing and packaging solutions company Tetra Pak has highlighted key strides in its sustainability and localisation endeavours in South Africa, with the company seeking to continue this... 

Kavango releases technical update for Zimbabwe project

London-listed Kavango Resources has presented a technical update on the ongoing structural work on its Hillside project, in Zimbabwe. The analysis and insights are provided by the technical team in... 

Sovereign highlights successful results from Malawi project testwork

Sovereign Metals announces that the latest testwork on graphite from its Kasiya rutile/graphite project, in Malawi, has delivered “highly successful” results. The testwork focused on optimising the... 

Perseus records strong operational, financial performance for the June quarter

ASX-listed Perseus Mining’s strong operational performance in the June quarter enabled it to grow its cash and bullion balance to $827-million Quarterly gold production of 121 237 oz at a weighted...