European Ferrochrome Benchmark price to be discontinued

JSE-listed chrome producer Merafe Resources has advised that the quarterly European Ferrochrome Benchmark (EUBM) price will be discontinued with effect from June. The company will, therefore, no... 

Greater man/machine collaboration needed as AI, automation evolve – Cawood

In the new world of digitised and automated mining that is headed towards increased dependence on AI to solve problems and facilitate complex processes, University of the Witwatersrand (Wits)... 

AMSA to convert one Vanderbijlpark blast furnace into an electric arc furnace by 2028

Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next... 

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the... 

Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain

Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw... 

Half of mining industry still resisting AI integration

At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning,... 

Alterra-led consortium to acquire majority stake in Chill Beverages

A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house... 

Execution risk to Anglo’s restructure plan substantial – WoodMac

Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a... 

Equites reports sustained growth in rentals market

Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this trend to continue. In its results presentation for... 

PGMs to face continued supply constraints, low prices – report

Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be... 

Lexington renews Jelani prospecting right to 2026

Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May... 

Cliffe Dekker Hofmeyr appoints new dispute resolution director

Law firm Cliffe Dekker Hofmeyr (CDH) has announced the appointment of new dispute resolution director Marelise van der Westhuizen as of May 1.  CDH CEO Brent Williams noted on May 13 that Van der... 

Zimbabwe leading the sub-Saharan African lithium mining boom

The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the... 

Green hydrogen community development toolkit launched

Green Hydrogen South Africa (GHSA), with support from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has developed a community development toolkit (CDTK) to support project... 

Michelin research shows how transporters can reduce total cost of ownership

Tyre manufacturer Michelin has launched its latest research focused on total cost of ownership, which is aimed at shifting the mindsets of South African transporters to run more efficient and... 

Mkango executives’ salaries cut by up to 50% until September

Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting... 

Froneman confident PGM prices will rebound once temporary decline abates

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 

Sibanye reports lowest serious injury rate in its history for the first quarter

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 

Genuine progress, not electioneering, behind the easing of loadshedding, council says

The current loadshedding reprieve is not a result of excessive diesel burning to pacify voters but rather a consequence of government and business coming together to made headway in solving South... 

April was strong for gold but ‘stagflation’ concerns abound – WGC

According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from... 

Sovereign reports ‘excellent’ graphite testwork results

ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional... 

Tietto urges shareholders to accept Zhaojin bid or sell their shares

Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about... 

Khan project exceeding Madison CEO’s expectations

Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium... 

Patel believes industrial policy needs continued investment to yield full potential

Trade, Industry and Competition Minister Ebrahim Patel has called for rapid scaling up of infrastructure spending, among other urgent initiatives, to ensure current industrial policy can succeed.... 

Orion Minerals in final stages of Okiep acquisition

ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern... 

TFR ramps up coal trains to 28 a week

State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery... 

Enhanced regulation, law enforcement needed to combat scrap metal theft

Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid... 

ABB becomes minority investor in GridBeyond

Technology company ABB has joined investors EDP, ESB, TotalEnergies, Act and DublinBIC in becoming an investor in energy management solutions company GridBeyond, which uses artificial intelligence... 

Zimplats to become cash generative in next financial year despite challenging environment, CEO says

Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the... 

South African tech startups have three more days to enter Irish Tech Challenge

High-impact South African startups have until May 5 to submit their applications for the Irish Tech Challenge South Africa, which promises to provide winners global market access. The challenge is... 

AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028

Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next... 

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the... 

Decarbonisation investment while paying carbon tax is impossible, says AMSA's Verster

Paying billions of rands in carbon tax while simultaneously investing in decarbonisation efforts is impossible, steel maker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has said. In South... 

Critical minerals, food crops at risk of climate disruption by 2050, report shows

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 

Aterian sells portion of its royalty over Rwanda lithium project

London-listed critical metal-focused exploration and development company Aterian has sold its portion of the net smelter return royalty (NSR) over the HCK lithium project, in Rwanda, for £200 000.... 

Altona appoints David Catterall as Sesana project consultant

London-listed Altona Rare Earths has appointed David Catterall as a consultant, with a special focus on the company's Sesana copper/silver project, in Botswana, where he will work closely with CEO... 

Thor reports lower revenue, profits for 2023

Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023.... 

Transnet aims to defend its decision to partner with ICTSI at the DCT

State-owned Transnet has defended its decision to select Phillipines-based International Container Terminal Services Inc (ICTSI) as the preferred bidder for the establishment of a partnership to... 

Transnet volumes, revenue up, but falls short of recovery targets

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational... 

EDF Renewables, partners building 1.2 GW of low-carbon power capacity

EDF Renewables is currently leading the construction of almost 1.2 GW of low-carbon power generation capacity in South Africa, comprised of 763 MW of wind power, 355 MW of solar photovoltaic (PV)...