Global M&A likely to surge this year – report

While dealmakers waited for an improvement in conditions in inflation, interest rates and debt financing and to see the effect of those macroeconomics on target performance over a substantial... 

Botswana Diamonds renews two prospecting licences

Botswana has renewed two of London-listed Botswana Diamonds’ prospecting licences  – 224/2007 and 169/2019 – for two years until December 31, 2026. The licences include the KX36 discovery, as well... 

BMI lowers average yearly copper price projections amid Trump Presidency

The scheduled swearing in of Donald Trump as President of the US next week provides headwinds to the copper market amid a stronger dollar, looming tariffs and potential deceleration in the energy... 

CILTSA, BBOpEx Solutions sign MoU to advance excellence in logistics, transport

Professional body the Chartered Institute of Logistics and Transport: South Africa (CILTSA) and consulting firm Bridge Building OpEx (BBOpEx) Solutions have signed a memorandum of understanding... 

Lexington establishes maiden Jorc exploration target for Bothaville project

Aim-listed gold exploration and development company Lexington Gold has established a maiden Joint Ore Reserve Committee (Jorc) exploration target for the group's Bothaville project, in South... 

ABB, Epiroc advance collaboration on underground trolley solutions

To increase productivity and safety, as well as achieve decarbonisation targets in mining, global technology company ABB and mining equipment manufacturer Epiroc have signed a memorandum of... 

Rosond appoints Glen Mc Gavigan as incoming CEO

Drilling and exploration company Rosond has appointed Glen Mc Gavigan as CEO, effective 13 January.   Mc Gavigan succeeds Ricardo Ribeiro, who has taken up the role of executive chairperson. 

Caledonia continues investment in growth, efficiency; meets guidance

Aim-listed Caledonia Mining Corporation’s Blanket mine, in Zimbabwe, produced 76 656 oz of gold for the year ended December 31, in line with guidance of producing between 74 000 oz to 78 000 oz,... 

Life Healthcare to sell interest in LMI to Lantheus

JSE-listed Life Healthcare Group, through its wholly owned indirect subsidiary in the  UK, Life Medical Group Limited (LMGL), has entered into binding agreements with Lantheus Neurology UK, a... 

South African Reits expected to deliver 8% to 9% income returns in 2025

South Africa’s real estate investment trusts (Reits) are expected to deliver 8% to 9% income returns in 2025 – a solid starting point for investors, says Financial solutions provider Merchant West... 

Mavuso highlights positive economic reforms, G20's role in demonstrating progress

Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso expects this year to be positive for the country, as it has an opportunity to consolidate the reforms made in the past several years. In... 

Whitehaven hits 13.5-year safety milestone at Narrabri plant

Coal producer Whitehaven has recorded more than 5 000 days without a lost time injury (LTI) and 60 months without a total recordable injury (TRI) at its Narrabri coal handling and preparation plant... 

Hudbay ups stake in Arizona Sonoran

Canadian miner Hudbay Minerals has strengthened its position in -listed Arizona Sonoran Copper Company (ASCU), agreeing to acquire 11.852-million common shares in a private placement valued at... 

Wheaton appoints Lau as CFO as Brown steps down

Precious metals streaming company Wheaton Precious Metals has reported that its finance VP Vincent Lau will be appointed CFO following the resignation of current CFO Gary Brown, effective March 31.... 

Osisko COO Tremblay steps down

NYSE- and TSX-V-listed Osisko has reported that COO Éric Tremblay is leaving the company, effective immediately, to pursue other professional commitments in the mining sector. The company says it... 

World Bank unveils five-year plan to drive jobs, access to services in Namibia

The World Bank has launched a new country partnership framework (CPF) for Namibia, targeting economic growth promotion, job creation and access to quality public services from 2025 to 2029. The CPF... 

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...