Much faster progress on energy efficiency needed to meet global 2030 goal – IEA

One year on from the global pledge made at COP28 to double the rate of energy efficiency improvements by 2030, new analysis from the International Energy Agency (IEA) suggests that countries are... 

Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance

Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results.... 

Association launches Sustainability Disclosure Guide for South African Reits

The South African Real Estate Investment Trust Association (SA REIT) has, in partnership with Nedbank Corporate and Investment Banking (CIB), launched the SA REIT Sustainability Disclosure Guide,... 

Hummingbird faces buyout, Aim delisting amid financial constraints

Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity... 

NUM to sign wage agreement with Sibanye-Stillwater

Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg,... 

Nampak enters agreement to sell Nampak I&CS

JSE-listed Nampak has entered into a binding sale agreement to dispose of its industrial inkjet printing, laser marking and case coding solutions business Nampak I&CS for R142.5-million. The... 

Banks mull increasing Tulu Kapi debt package – Kefi

Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from... 

Treasury invites public participation in UDZ tax incentive review survey

In the 2023 Budget Review, the National Treasury announced an extension of the urban development zone (UDZ) tax incentive sunset date to March 31, 2025, to consult stakeholders as part of a review... 

Ethiopian Airlines takes delivery of Africa’s first Airbus A350-1000

Ethiopian Airlines, Africa’s largest Airbus operator, has taken delivery of the first of four A350-1000s from Airbus in Toulouse, France. The first of its kind to be operated by an Africa-based... 

Kathu plant's maintenance outage ensuring long-term efficiency in CSP operations

Kathu Solar Park (KSP), one of South Africa's select few concentrated solar power (CSP) plants, located in the Northern Cape, recently underwent a 30-day offline period to complete its yearly... 

Actom opens new training centre for apprentices

Electromechanical equipment manufacturer Actom has opened a new training centre facility at its premises in Germiston, Johannesburg. The facility offers a variety of apprenticeship programmes. 

Gem Resources processes 5 500 t of ore following Gravelotte restart

London-listed Gem Resources, formerly URA Holdings, has reported that Phase 1 of the restart at the Gravelotte emerald mine, in Limpopo, South Africa, has been under way for about six months.... 

S African government investigates spate of food-borne illnesses, encourages food safety practices

South Africa has recently experienced outbreaks of food-borne illnesses that have led to the tragic death of a number of children and numerous hospitalisations across Gauteng, Mpumalanga, Free... 

Kamoa-Kakula achieved record copper production of 41 800 t in October

Canadian mining company Ivanhoe Mines has reported that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) achieved a combined monthly... 

Orion appoints corporate communications, investor relations exec

ASX- and JSE-listed Orion Minerals has appointed Avishkar Nagaser corporate communications and investor relations executive. Nagaser was previously investor relations and corporate affairs... 

Drilling begins at Tertiary Minerals' Zambia project

Aim-listed Tertiary Minerals has begun drilling at the Mukai copper project, in Zambia. The company notes that it has received approval from the Department of Forestry to conduct further mineral... 

Wekaba launches R25m automotive manufacturing plant

Medium- to high-volume computerized numerical control (CNC) machined automation components manufacturer Wekaba officially launched its R25-million automotive manufacturing plant in Alberton,... 

Creecy encourages road user behaviour change as she discusses Moloto road progress

Significant progress has been made on the R15-billion upgrade of the Moloto road which, once completed, is expected to help improve safety on one of the country’s most dangerous roads, remarked... 

Rome Resources appoints chairperson

Aim-listed Rome Resources has appointed Klaus Eckhof as director and nonexecutive chairperson. "I am delighted to be joining the board at this exciting time for the business. I look forward to... 

US startup developing technology to resolve hydrogen storage challenges

One of the biggest challenges hindering the wider adoption of hydrogen is safe and efficient storage, which often involves compressing or liquefying and requires a significant amount of energy,... 

ALPLA opens €60m recycling plant in KZN

Plastic packaging and recycling company ALPLA has opened a new 90 000 m2 recycling plant, following an investment of €60-million, in Balito, KwaZulu-Natal. From next year, the company says, the... 

Petra’s Finsch mine completes road upgrade

London-listed Petra Diamonds’ Finsch mine has completed the MacKenzie road upgrade project in Danielskuil, in the Northern Cape. The project, valued at R6.2-million, was undertaken as part of the... 

Openpit mining at Marula’s Kinusi continues according to plan

Africa-focused mining and development company Marula Mining has reported that conventional openpit mining of the No 4 Pit, at its Kinusi copper mine, in Tanzania, has been ongoing, with shallow... 

Eskom commends Saps as three people are arrested for theft of cable drums

State-owned utility Eskom says three suspects have been arrested by members of the South African Police Service (Saps), in Pretoria, in connection with the theft of drums of cable belonging to... 

South Africa needs significantly more energy supply to support future growth

South Africa will only meet its current energy demand requirement by 2040, according to a report by Standard Bank and Cresco Group. The market assessment of South Africa indicates solar PV nd wind... 

Sylvania reports 12% q/q production increase at SDO

Aim-listed Sylvania Platinum’s Sylvania Dump Operations (SDO), in South Africa, has produced 19 160 oz of platinum, palladium, rhodium and gold (4E) platinum group metal (PGM) in the quarter ended... 

SAWEA says public procurement programme reforms a step in the right direction

The South African Wind Energy Association (SAWEA) has acknowledged the key interventions to reform the public procurement programme announced by Electricity and Energy Minister Kgosientsho... 

Resolute reports mixed quarter amid heavy rainfalls at Mako

ASX-listed gold miner Resolute Mining has reported a mixed performance for the quarter ended September 30, as unprecedented rains affected mining operations at Mako, in Senegal, and the oxide... 

Renewables, wheeling agreements could help local manufacturers

The success of the manufacturing sector, which plays an important role in economic development and is important for job creation, depends on reliable, stable and affordable energy supply.... 

African countries urged to invest in critical minerals beneficiation

Africa has the potential to play a significant role in the global energy transition, given its endowment of critical minerals such as lithium and cobalt; however, realising the full potential of... 

Caracal granted mining licence for Tanzania project

London-listed Caracal Gold has been granted a mining licence for the Kanegele project, in Tanzania. Following the formal application of two mining licences submitted in December 2023, Caracal... 

Meeting final six FATF action items a ‘difficult challenge’ – Treasury

National Treasury has welcomed the progress made by all agencies in ensuring South Africa now meets 16 of the 22 action items required for the country to exit the Financial Action Task Force (FATF)... 

Lexington appoints consultancy to establish exploration target for Bothaville project

Aim-listed Lexington Gold has appointed geological consultancy firm Dunrose Trading 186 – trading as Shango Solutions –  to review all historical exploration undertaken on certain South African... 

Akobo reports gold output of nearly 3 kg for October

Gold exploration and mining company Akobo Minerals has reported total production of 2.83 kg of gold at its Segele mine, in Ethiopia, in October. Akobo says this marks a significant milestone in... 

Octodec announces dual role for Erasmus as it positions itself for growth

JSE-listed real estate investment trust (Reit) Octodec Investments has announced that incoming executive FD and debt officer Riaan Erasmus will also assume the position of deputy CEO, with effect... 

Ramaphosa appoints Olver as new PCC deputy chairperson

President Cyril Ramaphosa has appointed Dr Crispian Olver as the new deputy chairperson of the Presidential Climate Commission (PCC), with effect from January 1, 2025. This follows the retirement... 

TNPA expecting 268 passenger liners this cruise season

The docking of the World Odyssey at the Port of Cape Town signifies the beginning of South Africa’s cruise season, which will see the docking and sailing of 268 passenger liners at the commercial... 

L2D makes strides in sustainability, reports retail portfolio healthy

As part of its sustainability efforts, Liberty 2 Degrees (L2D) expects to complete its solar energy rollout of 17 MW across its retail centres by the end of 2025, which will reduce its overall... 

Evolving retail landscapes call for greater emphasis on convenience, consumer experience

Amid evolving consumer trends in the retail space, physical retail has witnessed a resurgence in recent years, while online shopping has decreased globally this year, Standard Bank behavioural... 

CGS provides expert insights on critical minerals

While South Africa is well positioned to take advantage of the opportunities afforded by the increasing demand for critical minerals globally, issues such as the need for skills development,...