Geobrugg inaugurates new steel wire mesh manufacturing facility

Steel wire net manufacturer Geobrugg Africa has inaugurated its first high-tensile steel production facility in Africa in Lanseria, Gauteng. The facility boasts a new TECCO manufacturing machine to... 

Diamcor closes final tranch of offering, bringing total to C$2m

Diamond producer Diamcor Mining has closed a second and final tranche of C$600 300 of its previously announced non-brokered private placement, bringing the total of the offering to about... 

Priyesh Daya appointed to ICC International Court of Arbitration

Law firm Webber Wentzel partner Priyesh Daya has been appointed as a member of the International Chamber of Commerce's (ICC’s) International Court of Arbitration for a three-year term starting on... 

Kumba appoints new independent nonexecutive director

Diversified mining major Anglo American’s Kumba Iron Ore subsidiary has announced the appointment of Neo Violet Mokhesi as an independent nonexecutive director with effect from July 1. She will... 

New platinum alloy to transform jewellery making

The World Platinum Investment Council (WPIC) has highlighted the launch of a new platinum alloy named Inoveo Platinum, which it believes has the potential to transform platinum jewellery design and... 

Review shows Gravelotte becoming profitable within two years

An independent desk-based review of the discounted cash flow (DCF) model for mining company URA Holdings’ Gravelotte emerald mine, in South Africa, shows the potential profitability of the project... 

Anyone can now invest in as little as R10 worth of gold

Gold-backed neobank Troygold, supported by payments platform Precium, has launched its subscription gold offering in South Africa, enabling investors to buy and own fractional amounts of real 1 oz... 

Illegal Implats strike comes to a peaceful close

An illegal work stoppage at the North Shaft of Impala Bafokeng’s Bafokeng Rasimone Platinum Mine (BRPM), in the North West province, has ended without incident, parent company Impala Platinum... 

Century-old Kipushi mine starts up again after 31-year hiatus

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... 

UN calls for Potgieter, Huxham’s immediate release from Equatorial Guinea prison

The UN Working Group on Arbitrary Detention has called for the immediate release of South African engineers Frederik Potgieter and Peter Huxham, declaring in a formal opinion that the detention of... 

WGC says gold to remain rangebound for the remainder of this year following strong first half

According a mid-year outlook report released by the World Gold Council (WGC) on July 2, gold has performed well so far this year, with a 12% rise in returns year-to-date and outpacing most major... 

Updated Kiaka feasibility study indicates a project with strong cash flow

A newly released feasibility update for ASX-listed West African Resources’ (WAF’s) Kiaka gold project, in Burkina Faso, shows that strong cash flows are expected from the project. The update... 

Endeavour achieves first gold pour at Lafigué

LSE-, TSX- and OTCQX-listed Endeavour Mining made its first gold pour from the Lafigué mine, in Côte d’Ivoire, on June 28, marking the delivery of the project’s construction on budget and a... 

NTCSA starts trading

The National Transmission Company South Africa (NTCSA) has officially begun trading, establishing the NTCSA as a duly constituted separate, distinct and wholly owned subsidiary of State-owned... 

Kangankunde feasibility study supports robust rare earths project

Rare earths mining and development company Lindian Resources has announced the completion of a feasibility study on Stage 1 of its Kangankunde rare earths project in Malawi. The study examined... 

DRDGOLD assessing its alignment with Responsible Gold Mining Principles

Gold mining company DRDGOLD has started self-assessment in line with the World Gold Council (WGC) Responsible Gold Mining Principles (RGMPs) to determine conformance levels across all DRDGOLD... 

Hudaco’s interim performance hampered by suspended loadshedding

Diversified consumer and engineering products group Hudaco has faced a challenging start to the 2024 financial year, with the reduction in loadshedding negatively impacting on some of its... 

Four central banks sign London Principles to formalise artisanal small-scale gold mining sector

The World Gold Council (WGC) has announced that four central banks have committed to signing ‘The London Principles’, which is a set of operating principles to help structure and formalise central... 

Anglo paid $23.5bn in taxes, economic contributions in 2023

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 

Hummingbird expects Kouroussa to reach commercial production in the third quarter

Despite unexpected challenges at Aim-listed Hummingbird’s Kouroussa gold mine, in Guinea, over the past year, including the fire at the national fuel depot in Conakry and the temporary suspension... 

Andrada signs deal to restructure Uis Tin Mining Company

Dual-listed Andrada Mining has executed a legally binding agreement to restructure Uis Tin Mining Company (UTMC), the operational Namibian entity that holds the ML133, ML134 and ML129 mining... 

Petra shares plans to reduce operating costs, appoints new CFO

London-listed Petra Diamonds has shared its plan for a sustainable reduction of $30-million a year in operating costs from the 2025 financial year, as well as a smoothing of its development and... 

First phase of 1 GW SunCentral solar farm breaks ground

Independent power producer SolarAfrica Energy has officially broken ground on its first utility-scale solar farm in the Northern Cape. Known as SunCentral, Phase 1 of this project will total about... 

Akobo completes processing plant, starts commissioning in Ethiopia

Scandinavia-based gold exploration and mining company Akobo Minerals has successfully completed the construction of its processing plant and has started commissioning activities at its operation in... 

Legislative certainty amid government shuffle crucial for continued renewable-energy investment

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 

Petco achieves 60% post-consumer PET recycling rate in 2023

Newly released audited data has shown that South Africa’s longest-standing producer responsibility organisation (PRO) Petco achieved a 64% collection and 60% recycling rate for polyethylene... 

Cape Town gets another R3.5bn for its record infrastructure spending target to 2027

The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis... 

Madison confirms high-grade uranium deposits after completing maiden drill programme at Khan

Uranium exploration company Madison Metals has completed its maiden reverse circulation (RC) drill programme of 997 m over nine holes at its Khan uranium project at Madison West, located in... 

Exxaro warns of price, production dip in first half

Diversified miner and renewable energy company Exxaro Resources expects to report lower coal and iron-ore prices, as well as lower production, for the first six months of this year. With respect to... 

Liberty extends deadline for retrenched Optimum workers to apply for reemployment

Coal mining company Liberty Coal has confirmed that it will be extending the deadline for former Optimum Coal Mine (OCM) employees to submit their applications for reemployment. The company said on... 

PPC reports a 20.6% boost in revenue thanks to Zimbabwe business

Cement company PPC has reported a 20.6% year-on-year increase in revenue to about R10-billion for the financial year ended March 31, compared with the R8.3-billion in revenue reported for the prior... 

CoJ, City Power say High Court did not consider all evidence in Eskom case

In response to a recent Johannesburg High Court order favouring State-owned utility Eskom in a payment dispute with the City of Johannesburg (CoJ) and City Power, the CoJ and City Power say the... 

61% of manufacturers expect AI to drive growth by 2029, study finds

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing... 

Families to petition Pan-African Parliament for release of two South African prisoners

On June 24, 501 days after two South African men were allegedly unlawfully arrested in Equatorial Guinea, their families are going to hand over a formal request to Pan-African Parliament (PAP)... 

Andrada reports higher tin, tantalum production for the quarter ended May 31

Aim-listed Andrada Mining, which owns operations in Namibia, has announced a 14% quarter-on-quarter increase in saleable tantalum concentrate production to 9 t for the quarter ended May 31, which... 

WAF draws down $265m loan to build Burkina Faso gold project

ASX-listed unhedged gold mining company West African Resources (WAF) has fully drawn down the $265-million secured loan facility from Sprott Resource Lending and Burkina Faso-based Coris Bank... 

Streamlined PPP framework could unlock infrastructure investment

In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury Regulations (NTR) 16, and key elements of municipal... 

Streamlined PPP framework could unlock infrastructure investment

In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury Regulations (NTR) 16, and key elements of municipal... 

Dwyka, Deep Tech highlight new drone technology at showcase

Mining technology company Dwyka Mining Services and its sister company Deep Tech have announced the launch of several new drone technology services through its partnerships with drone technology... 

South African manufacturer to provide 275 new container wagons to Lobito railway project

Joint venture (JV) company Lobito Atlantic Railway (LAR), which is the concession holder for the operation, management and maintenance of the Lobito Corridor spanning Zambia, Angola and the...