Manufacturing the key to Africa’s economic future amid global instability, Maile says

Given the current global geopolitical instability, Gauteng Department of Economic Development MEC Lebogang Maile says it is becoming increasingly evident that the future of Africa lies in its... 

Singh outlines six priority areas for G20 Environment and Climate Sustainability Working Group

In his opening address at the second G20 Environment and Climate Sustainability Working Group (ECSWG) meeting, which was held in the Kruger National Park, in Mpumalanga, on July 14, Forestry,... 

US tariffs highlight urgent need to support small businesses

As concerns mount over the announcement of a 30% tariff on most South African goods entering the US, business development service Entrepreneurship to the Point (eTTP) has called for urgent support... 

Tyranna to acquire 70% of Maongo project in Angola

ASX-listed Tyranna Resources has entered into agreements to acquire a 70% interest in the Maongo copper/gold project, located 25 km northeast of the port city of Namibe, in Angola. The Maongo... 

West Wits announces key board changes

ASX-listed West Wits Mining has announced a series of changes to its board of directors, including the appointment of current CEO Rudi Deysel as MD. According to the company, Deysel has been with... 

South32 warns of impairment as uncertainty grows over Mozal’s future operations

JSE-, ASX- and ADR-listed diversified miner South32 has informed shareholders that it expects to recognise an impairment expense in its 2025 financial year-end results, as a result of the... 

Construction of Lumwana’s $2bn super pit expansion under way

Construction of the $2-billion super pit expansion project at NYSE- and TSX-listed Barrick Mining Corp’s Lumwana mine, in Zambia, is well under way, accelerating its transformation into a Tier 1... 

Global oil supply outpaces demand growth as inventories, geopolitical tensions rise – report

According to the International Energy Agency’s (IEA’s) July 2025 ‘Oil Market Report’, global oil demand is forecast to rise by 700 000 bbl/d this year, marking its lowest increase since 2009,... 

TEDA’s new business plan sets targets to reverse declining investment facilitation

The City of Tshwane’s multiparty coalition government has approved the Tshwane Economic Development Agency’s (TEDA’s) new business plan, which seeks to improve investment facilitation for the... 

Belararox to drill four priority copper targets at its Kalahari Copper Project by Aug

ASX-listed Belararox has identified four highly prospective targets within PL0085, a key part of the company’s Kalahari copper project (KCP), in Botswana, which are to be drill tested in August.... 

Operation Vulindlela quarterly report shows progress in Phase II

A progress report on the implementation of economic reform through Operation Vulindlela for the first quarter of the 2025/26 fiscal year, published on July 10, demonstrates sustained progress in... 

ICMM reports third consecutive year of increased fatalities among member companies

A total of 42 people employed by mining and metals advocacy group ICMM company members lost their lives at work in 2024. This compares with 36 in 2023 and 33 in 2022.  “No one should have to risk... 

Koryx announces C$10m bought deal financing to advance Haib project

TSX-V-listed Koryx Copper has entered into an agreement with Stifel Nicolaus Canada to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters. Under the terms of the... 

Jubilee appoints Shard Capital as joint broker; South African asset sale continues

Diversified metals producer Jubilee Metals Group has announced the appointment of Shard Capital Partners as its joint broker with immediate effect. The firm replaces RBC Capital Markets as joint... 

JAE, Ferrit launch heavy-duty multipurpose utility vehicle for underground mining

Local original-equipment manufacturer (OEM) JA Engineering (JAE) has, in partnership with Czech Republic's OEM Ferrit, launched a new heavy-duty utility vehicle to, among other purposes, enable the... 

US tariffs creating fear, but the situation could still be remedied – Parsons

While there is a great deal of fear at the moment, South Africa is not without remedies, North-West University Business School’s Professor Raymond Parsons has said in response to the decision by US... 

High-grade intercepts confirm potential at Mumbezhi copper project

ASX-listed Prospect Resources has noted that Phase 2 diamond drilling at the Nyungu Central deposit at the Mumbezhi copper project, in north-west Zambia, has provided validation of the wider... 

Further drilling reveals improved copper grades at Haib – Koryx

TSX-V-listed Koryx Copper has completed a further six diamond drill holes for 1 808 m out of a planned 37 holes as part of the Phase 2 drill programme for its 2025 exploration and project... 

Central banks support gold; silver ETFs surge; platinum faces cost and trade challenges – report

Central banks continue to underpin gold demand, while investors are seeing value in silver as well, precious metals trader Heraeus said in its latest precious metals appraisal published on July 7.... 

Blencowe receives additional $750 000 tranche towards Orom-Cross development

London-listed Blencowe Resources has received a further $750 000 tranche of grant funding from the US International Development Finance Corporation (DFC), bringing total funds received under the... 

Creecy reveals targets, highlights progress on transport sector turnaround

Transport Minister Barbara Creecy has outlined six targets that will guide the Department of Transport’s (DoT’s) work over the next few years to transform the passenger, freight, and aviation... 

Hudaco CEO pleased with company’s turnover amid ‘tough’ operating environment

Although JSE-listed industrial and automotive parts distributor Hudaco endured a difficult six months to May 31, CEO Graham Dunford is pleased that the company managed to achieve a turnover of... 

FDI flows into Africa rose by 75% to $97bn in 2024 – Unctad

The latest ‘World Investment Report’ from UN Trade and Development (Unctad) highlights a significant rebound in foreign direct investment (FDI) inflows to Africa. In 2024, foreign investment in the... 

Alphamin ends second quarter with net cash of $50m

TSX-V- and JSE-listed Alphamin Resources ended the second quarter to June 30 with a net cash position of $50-million, an improvement of $52-million from a net debt position of $2-million at the end... 

Many Peaks expands Côte d’Ivoire footprint through earn-in deal for Ferké South project

ASX-listed Many Peaks Minerals’ subsidiary Ferke South Holdings has entered into a binding agreement with Magic Mineral Structure (MMS) to secure exclusive rights to earn up to an 80% ownership... 

Peak Minerals raises A$3.5m through strategic placement

ASX-listed Peak Minerals has received a firm commitment to raise A$3.5-million through a strategic placement to a European-based investor at an issue price of $0.035 a share. The issue price is... 

Mkango announces proposed merger with US firm

Aim- and TSX-listed Mkango Resources has announced that its subsidiary, Lancaster Exploration, along with other related entities, will merge with US-listed special purpose acquisition company Crown... 

Drilling results at Kibali extend scale, life-of-mine

NYSE- and TSX-listed Barrick Mining Corporation reports that drilling results from the ARK-KCD corridor at its Kibali gold mine, in the Democratic Republic of Congo (DRC), serve to strengthen... 

Intrepid expands Corral copper project through land acquisitions

TSX-V- and OTCQB-listed Intrepid Metals has announced the strategic expansion of its Corral copper property in Cochise County, Arizona, in the US, through the acquisition of an additional four... 

If export taxes, PPS are relaxed, domestic scrap metal resources will fail to meet demand, Coega Steels director says

South Africa’s ferrous scrap metal resources may fail to meet domestic demand should either the export tax thereon or provisions of the Price Preference System (PPS) be relaxed, electric... 

Lupaka wins ICSID dispute against Peru over gold project

International disputes firm LALIVE has announced that it has won a legal dispute for its client Lupaka Gold in arbitration proceedings against Peru under the auspices of the International Centre... 

Standard Bank, Sacci launch KwaZulu-Natal Export Readiness Programme for SMEs

Standard Bank Business and Commercial Banking, in partnership with the South African Chamber of Commerce and Industry (Sacci), has launched the Export Readiness Programme to provide support to... 

Metso to deliver process equipment to Twin Hills

Exploration and development company Osino Resources has awarded process technology company Metso with an order for the delivery of key process equipment for its Twin Hills gold project, in central... 

Railveyor chosen as preferred haulage solution at Santa Cruz copper project

Railveyor Technologies Global has been selected as the preferred haulage solution provider for Ivanhoe Electric’s Santa Cruz copper project, in Arizona, in the US. Ivanhoe Electric included... 

AfDB approves $474.6m loan for green South Africa's Infrastructure Governance and Green Growth Programme

The African Development Bank (AfDB) has approved a $474.6-million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This IGGGP is the second phase of the bank's... 

Itac imposes 52.34% duty on corrosion-resistant steel coil, raises transformer core customs duty

The International Trade Administration Commission of South Africa (Itac) has requested the South African Revenue Service (Sars) to impose a provisional safeguard duty of 52.34% of the value of... 

Auric Mining buys land package from WIN Metals to facilitate Munda gold mine

ASX-listed Auric Mining has reached an agreement with fellow listed WIN Metals to acquire a package of assets related to its Munda gold mine, in Western Australia. The transaction includes all... 

600 workers to be retrenched when Cato Ridge Works plant closes end of August

JSE-listed African Rainbow Minerals (ARM) has announced that all employees at the joint venture Cato Ridge Works (CRW), in KwaZulu-Natal, will be retrenched with effect from August 31, following a... 

Sars records trade balance surplus of R21.7bn in May

According to the South African Revenue Service (Sars), South Africa recorded a preliminary trade balance surplus of R21.7-billion in May, which was attributable to exports of R175.7-billion and... 

PRO Alliance restructured into five strategic pillars

The Producer Responsibility Organisation (PRO) Alliance – of which metal packaging PRO MetPac-SA is an active member – has been restructured into five strategic pillars: waste picker integration;...