Value of gold demand surges in higher price environment – council

Healthy inflows into global gold exchange-traded funds (ETFs) were a major driver of growth in gold demand in the third quarter, and combined with continued over-the-counter investor interest, this... 

SAICE calls for action to combat intimidation in civil engineering

The challenge of ethical project delivery within the civil engineering community is significantly complicated in the wake of rising issues of intimidation and the potential for violence, including... 

Commissioning on K.Hill demo plant starts – Giyani

TSX-listed Giyani Metals, which is developing the K.Hill Battery-Grade manganese project, in Botswana, says the demo plant being manufactured in Johannesburg, South Africa, is now in the... 

Rome Resources encouraged by promising copper, tin mineralisation at DRC prospect

Aim-listed Rome Resources has made progress with drilling at its Mont Agoma prospect, in the Democratic Republic of Congo (DRC), with initial assessment from the cores said to be promising for both... 

Sovereign completes drilling programme to upgrade Kasiya resource

Aim- and ASX-listed Sovereign Metals has completed an infill drilling programme at its Kasiya rutile/graphite project, in Malawi, to support ongoing technical studies. The programme included the... 

Lucapa achieves strong diamond sales despite soft market conditions

ASX-listed Lucapa Diamond Company reports that the Lulo diamond mine, in Angolo, in which it has a 40% interest, sold 5 587 ct at an average price of $3 033/ct during the quarter ended September... 

Netstar appoints group CFO

Altron subsidiary Netstar, provider of vehicle tracking and telematics solutions, has appointed Morné Grundlingh as its new group CFO, effective this month. The company says he brings considerable... 

PIC starts search for a new CEO as Sithole’s term nears its end

Asset manager the Public Investment Corporation (PIC) has initiated a search to identify and appoint a new CEO to succeed Abel Sithole, whose term will be coming to an end effective July 2025. The... 

Accenture, partners launch renewable-energy initiative

NYSE-listed Accenture, in collaboration with the Mining Qualification Authority (MQA), Mentec Foundation, National Youth Development Agency, Moses Kotane Research Institute and mining and... 

Bushveld completes disposal of Lemur Holdings

Aim-listed Bushveld Minerals announces that all conditions to the disposal of Lemur Holdings have been met. This follows an announcement in September which confirmed that the company had received... 

Makor Resources, Jubilee partner with Zambian govt to support agriculture

Mining services provider Makor Resources and mining company Jubilee Metals Zambia have partnered to support the Zambian government’s efforts to provide agricultural inputs to subsistence farmers,... 

Rainbow making strides at South African rare earths project

London-listed Rainbow Rare Earths made considerable strides during the financial year ended June 30 towards establishing an independent supply chain for the rare earth elements (REE) that are... 

De Beers’ GemFair programme buys its 10 000th diamond

Diamonds miner De Beers Group’s GemFair programme has reached the key milestone of buying its 10 000th diamond since its launch in 2018. GemFair focuses on developing a responsible sourcing model... 

Creecy calls for smart transport solutions as pioneer EV taxi is launched

Transport Minister Barbara Creecy emphasised the importance of implementing smart solutions as part of efforts to upgrade and revitalise the country’s transport sector, with commuter numbers... 

Mmete Fusi appointed acting group CEO of PetroSA

The Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed Mmete Fusi as acting group CEO, effective immediately. The entity highlights that Fusi has vast leadership experience... 

Zero Carbon Charge welcomes President’s announcement of EVs incentives, cautions on source of power

Solar-powered charging station provider Zero Carbon Charge has welcomed President Cyril Ramaphosa’s announcement, in an address at SA Auto Week, in Cape Town, on October 17, that government is... 

South Africa maintains top position in Standard Bank trade barometer

South Africa, Namibia and Angola retained their rankings in the fourth issue of Standard Bank’s Africa Trade Barometer (SB ATB) at positions one, two and ten, respectively. The ATB trade... 

Centamin lifts production, sales in the third quarter

TSX- and LSE-listed Centamin increased production at its flagship Sukari mine, in Egypt, by 30% year-on-year to 131 726 oz in the quarter ended September 30, taking output for the nine months to... 

Minerals Council commits to new health and safety milestones

Industry organisation the Minerals Council South Africa says it is fully committed to supporting the third iteration of health and safety milestones agreed by the Department of Mineral and... 

Botswana Diamonds secures prospecting permit on five Marsfontein kimberlites

Botswana Diamonds, which holds exploration licences in South Africa and Botswana, has obtained a prospecting permit covering five kimberlites known to contain diamonds in the Marsfontein region of... 

DRDGOLD lifts first-quarter output, sales

JSE- and NYSE-listed DRDGOLD’s production for the quarter ended September 30 increased by 7% quarter-on-quarter to 1 319 kg (42 407 oz), primarily owing to a 13% increase in tonnage throughput,... 

Global economic freedom declines again, S Africa's gains inconsequential

Global economic freedom declined for the third year in a row, the yearly ‘Economic Freedom of the World’ report published by Canadian-headquartered Fraser Institute shows. “After decades of slow... 

ENRG Elements granted permit renewals for Niger project

ASX-listed ENRG Elements has secured a three-year renewal of the three granted exploration permits that make up its 100%-owned Agadez uranium project, in Niger. The exploration permits, covering... 

Signet, De Beers launch new natural diamond marketing campaign for young generation

Diamond miner De Beers Group and diamond jewellery retailer Signet Jewelers, have launched ‘Worth the Wait’, a new natural diamond campaign focused on the themes of modern love and evolving... 

Land Bank Insurance Company to pilot index insurance in South Africa

The Land Bank Insurance Company (LBIC) will pilot index insurance in South Africa over the next two years, targeting smallholder producers, with the aim of providing affordable drought-risk... 

West African Resources reports high-grade gold at Burkina Faso project

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent resource definition diamond drilling within the M1 South (M1S) Main Deeps... 

Sars grants special permission for fuel imports to mitigate shortages at airports

The South African Revenue Service (Sars) Commissioner has granted special permission for the importation of kerosene fuel from October 21, this year to October 20, 2025. The special permission is... 

Kazera subsidiary secures loan as part of environmental guarantee

Aim-listed Kazera Global’s subsidiary, Whale Head Minerals (WHM), has been requested by the Department of Mineral Resources and Energy (DMRE) to furnish a guarantee in respect of its obligations to... 

Green Connection welcomes Karpowership deal ending, calls for further details

Nonprofit organisation The Green Connection has welcomed Electricity and Energy Minister Kgosientso Ramokgopa’s announcement this week that the Karpowership deal is officially “dead in the water”.... 

Summit identifies areas of focus to engender socioeconomic growth

There are several areas that require attention if South Africa and other African countries are to succeed in implementing the UN Sustainable Development Goals (SDGs) and the African Union’s (AU’s)... 

Sanral weathers challenging year to post strong performance

The South African National Roads Agency Limited (Sanral) says its 2023/24 financial year was characterised by resilience and agility, to conclude with a strong financial performance, an unqualified... 

Wits Business School announces pioneer South Africa-India Energy Conference

Wits Business School will be hosting an energy conference in partnership with the Consulate General of India, to be held at the business school’s campus at the University of the Witwatersrand... 

Bell Equipment’s earnings to fall on soft market conditions

JSE-listed Bell Equipment expects its earnings per share (EPS) and headline earnings per share (HEPS) for the year to end December 31, to decrease by at least 25%, compared with the EPS and HEPS of... 

Endeavor South Africa secures R190m in first close of Harvest Fund III

Endeavor South Africa, which offers venture capital and mentoring support to domestic and African entrepreneurial enterprises, has marked the first close of its R500-million Harvest Fund III,... 

RFA, SAAFF call for greater urgency on private sector’s participation in ports

Following the recent High Court judgment on the Durban Container Terminal (DCT) Pier 2, which halted the contract between Transnet and International Container Terminal Services (ICTSI), the... 

Association welcomes vertical separation of Transnet’s rail entity into two divisions

The African Rail Industry Association (ARIA) has welcomed the announcement of the vertical separation of Transnet Freight Rail into two distinct operating divisions – Transnet Infrastructure... 

Steenkampskraal mine gearing up to start production

High-grade rare earths mine the Steenkampskraal Monazite Mine (SMM), located in the Western Cape, is moving out of care and maintenance to gear up for production, following approval by the National... 

Forestry sector calls for collaboration to build on transformation progress

While the forestry sector has achieved notable progress in transformation over the past 15 years, more needs to be done to ensure the sector is sustainable and creates long-term value for... 

Durban’s container terminal implements successful truck booking solution

A month-long collaborative pilot with transporters has seen the Durban Container Terminal (DCT) Pier 2 improve its truck turnaround time by 24%, the entity says in a statement. The new truck... 

Equites delivers strong interim performance

Property developer Equites Property Fund achieved distributions per share (DPS) of 66.50c for the six months ended August 31, aligned with its market guidance. The group is now targeting full-year...