Charles Dos Santos to succeed Rob Richardson as Air Products South Africa MD

Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his... 

TNPA bolsters interventions at Port of Durban to expedite recovery

Transnet National Ports Authority (TNPA) is assisting terminal operators with implementing the container recovery plan more easily at the Port of Durban by providing a 24-hour helicopter services... 

Exxaro, Cennergi unveil solar project

Diversified mining and renewable energy solutions company Exxaro Resources and its wholly-owned subsidiary Cennergi on November 16 unveiled the Lephalale solar project (LSP), with the sodturning... 

Commission addressing gaps, challenges in BBBEE

The Broad-based Black Economic Empowerment (BBBEE) Act, now in its twentieth year, has achieved several successes, but challenges abound, and transformation is not at the requisite level, and the... 

Building sector business confidence index reaches eight-year high

The FNB/BER Building Confidence Index, which measures sentiment in the building sector, increased to an eight-year high of 43 (a gain of nine index points) in the fourth quarter of this year. The... 

Sanral to resume road tenders under interim procurement policy

The South African National Roads Agency Limited (Sanral) will on November 29 resume procurement for road construction projects, with 86 tenders to be advertised. CEO Reginald Demana has announced... 

Vukile increases full-year guidance on the back of strong interim performance

JSE-listed Vukile Property Fund achieved a 10% increase in its cash dividend to 52.1c a share and a 5.2% growth in its funds from operations (FFO) to 85c apiece for the six months ended September... 

Organisations collaborate on development of a consolidated responsible mining standard

The Copper Mark, the Mining Association of Canada (MAC), ICMM and the World Gold Council (WGC) are working towards consolidating their individual voluntary responsible mining and metals standards... 

World Bank grants consent for legal separation of Eskom’s Transmission division

State-owned utility Eskom announces that multilateral development bank the World Bank, a key strategic creditor of the entity, has granted its consent for the proposed legal separation of the... 

Orosur achieves positive exploration results at Nigeria project

TSX-V and Aim-listed Orosur Mining has provided an exploration update for its new Lithium West joint venture (JV) in Nigeria, with first results from a mapping and sampling programme on the first... 

RFA, SAAFF, Hume reiterate concern about South Africa’s logistics performance

Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and... 

Drilling shows potential for resource upgrade at Atlantic Lithium’s Ghana project

Africa-focused lithium exploration and development company Atlantic Lithium announces that multiple broad intervals of visible spodumene have been observed in drilling outside of the current... 

Stefanutti Stocks reports improved interim revenue, operating profit

JSE-listed Stefanutti Stocks’ contract revenue and operating profit from continuing operations for the six months ended August 31 improved to R3.3-billion and R69-million, respectively, with the... 

Invicta delivers strong interim performance

Investment holding and management company Invicta Holdings achieved a robust performance for the six months ended September 30, with revenue having increased by 12% to R4.3-billion. The increase of... 

Think tank's webinar covers how themes at COP28 will centre on climate financing, support

Climate change is one of the most direct threats to development confronting developing countries, as they will suffer the brunt of the impacts despite historically contributing the least towards... 

De Beers donates building to Sol Plaatje University in Kimberley

Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales... 

BMI raises 2024 iron-ore price forecast, but long-term decline persists

Fitch Solutions unit BMI has raised its 2024 iron-ore price forecast to a yearly average of $120/t from $100/t previously, as price resilience continues on the back of positive sentiment over... 

Karpowership SA secures environmental authorisation for Saldanha Bay project

Karpowership South Africa (SA), the local entity of Turkish company Karpowership, has welcomed the granting of an environmental authorisation (EA) for its Saldanha Bay project by the Department of... 

AVZ says AGM underscores strong support for board, strategy

Mineral exploration company AVZ Minerals says results from its annual general meeting (AGM), held on November 23, showcase both a strong vote of confidence for the board and its clear and... 

Vale completes throughput test for Phase 1 of the Salobo III plant in Brazil

Brazilian miner Vale has successfully completed the throughput test for the first phase of the Salobo III copper project, in the Carajás region in Brazil, with the Salobo complex exceeding an... 

JSE Ventures launches carbon market

The JSE Ventures on November 9 launched a new Voluntary Carbon Market, in partnership with global environmental markets infrastructure provider Xpansiv. This initiative is aimed at allowing local... 

Cape Town runway project awaiting Economic Regulator approval

The starting of the Cape Town Aviation Infrastructure runway realignment is dependent on the approval by the Economic Regulator which is outstanding at this point; as well as the review of the... 

Drilling at Ionic’s Uganda project shows extension potential

ASX-listed Ionic Rare Earths announces that initial drill results from the Phase 5 resource infill and extension drilling at its 60%-owned Makuutu heavy rare earths project, in Uganda, shows... 

Silvercorp, OreCorp amend scheme implementation deed to increase cash consideration

TSX-V- and NYSE-listed Silvercorp Metals and ASX-listed OreCorp have amended their August 5 scheme implementation deed to increase the cash consideration from A$0.15 to A$0.19, while retaining the... 

Minister's adviser proffers recommendations to tackle energy crisis

There are several areas that must be prioritised to tackle the country’s energy crisis, Electricity Minister Dr Kgosientsho Ramokgopa’s adviser Silas Zimu emphasised on November 22, during the... 

German govt pledges €4bn to Africa’s green energy transition

The government of Germany has pledged to invest €4-billion up to 2030 to advance Africa’s green energy transition. German Chancellor Olaf Scholz made the announcement at a press conference in... 

SANEDI's pioneer conference showcases initiatives to tackle energy challenges

Mineral Resources and Energy Deputy Minister Dr Nobuhle Nkabane has emphasised the need to invest in science, technology and innovation to grow South Africa’s economy and to address the country’s... 

Banks lagging in climate change action – report

Although the country’s “big five” banks have expressed their commitment to climate action, four of the five have increased their financing and exposure to fossil fuels over the reporting year. This... 

Pensana, Yorkshire Energy Park sign letter of intent for magnet metal facility in the UK

Pensana and The Yorkshire Energy Park (YEP), at an on-site event on November 17, signed a letter of intent for the site of a future permanent magnet metal facility within the park. The YEP is... 

Brikor achieves strong interim performance

Construction materials provider Brikor reported a profit before earnings from its associate of R13.1-million for the six months ended August 31, compared with a loss of R1.7-million in the first... 

BLSA CEO calls for more companies to leverage Agoa opportunities

Many more South African companies could benefit from the African Growth and Opportunity Act (Agoa), which gives eligible countries access to US markets free of tariff barriers, business... 

Omnia weathers challenges to maintain strong interim financial position

JSE-listed Omnia Holdings’ operations and capital were managed effectively against a backdrop of complex market dynamics, resulting in a strong cash position and balance sheet for the six months... 

Sovereign upscales Malawi graphite programme

Aim-listed Sovereign Metals announces that a bulk sampling programme to extract over 100 t of ore from the Kasiya project, in Malawi, is under way, to produce over 1 000 kg of natural graphite for... 

Energy independence crucial to addressing city’s financial distress – Tshwane mayor

The most important thing for the City of Tshwane is to rescue it from financial distress, and key to this mission is maintaining energy independence, executive mayor Cilliers Brink emphasised in a... 

Exxaro, Cennergi reach sodturning milestone for Lephalale solar project

Diversified mining and renewable energy solutions company Exxaro Resources and its wholly-owned subsidiary Cennergi on November 16 unveiled the Lephalale solar project (LSP), with the sodturning... 

MESA conference presents learnings, considerations for manufacturing digitalisation

The modern trend toward digitalisation and the drive to use fewer resources while producing more has created opportunities for optimised systems architecture that integrates and enables... 

New documentary starring Idris Elba focuses on gold’s history, impact

Industry organisation the World Gold Council (WGC) has released a new documentary, titled ‘Gold: A Journey with Idris Elba’, created in partnership with Pioneer Productions. The documentary was... 

Raubex interim earnings increase despite challenging macroeconomic conditions

JSE-listed Raubex Group achieved a “robust” performance for the six months ended August 31, despite difficult macroeconomic conditions, owing to it being diversified and resilient, CEO Felicia... 

Ionic secures over 90% of land access agreements for Ugandan project

ASX-listed Ionic Rare Earths has achieved progress in securing land access agreements for the mining licence application (MLA) for the Stage 1 development of the Makuutu rare earths project over... 

Ben Selier appointed Schneider Electric Anglophone Africa Secure Power VP

Schneider Electric has appointed Ben Selier as Anglophone Africa Secure Power VP. In this strategic role, he will lead the Secure Power business across 24 countries within Schneider Electric’s...