Enel Green Power looks to augment its South African footprint

As it marks a decade in the region, renewable energy company Enel Green Power Southern Africa is looking to bolster its footprint here, with a keen focus on skills development and capitalising on... 

Mining value rebounds in third quarter, but insufficient to lift overall GDP

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 

Akobo’s November production covers costs

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 

Lexington Gold identifies encouraging exploration target at Free State project

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 

Gem Diamonds announces extended life-of-mine plan, revolving credit facilities

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 

Savannah secures potential $270m loan guarantee for Portugal lithium project

German export credit agency Euler Hermes has confirmed in a non-binding letter of interest the potential for a guarantee on a loan of up to $270-million for UK-headquartered Savannah Resources’... 

Dr Beyers Naude local municipality progresses electricity programme

Dr Beyers Naude local municipality (DBNLM) in the Eastern Cape has, to date, achieved all of the goals of the municipality’s electricity programme. This was noted during a visit by Electricity and... 

Rio Tinto, Imperial College London launch centre to support global energy transition

Metals and mining corporation Rio Tinto and Imperial College London have launched the Rio Tinto Centre for Future Materials, as part of a programme aimed at accelerating the development of new... 

Aterian reports positive fieldwork results from Morocco project

London-listed Aterian has reported more positive results on the recent fieldwork conducted on its Tata copper project, in the western Anti-Atlas Mountains of Morocco, with additional copper... 

CrossBoundary Energy secures $140m to scale African renewable-energy portfolio

Mauritius-headquartered CrossBoundary Energy, which provides financed renewable-led power solutions to African enterprises, has secured a $140-million senior debt commitment from Standard Bank of... 

Absa PMI drops back into contractionary territory for Nov

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 4.5 points in November, reverting back to contractionary territory at 48.1 index points. The company says this points to... 

Thor announces further positive drilling results at Nigeria project

Aim- and TSX-V-listed Thor Explorations has announced further positive results from the initial proof-of-concept drilling programme that targets the down-plunge potential beneath the current... 

Aveng to sell its 30% stake in Dimopoint

JSE-listed Aveng, through its subsidiary Aveng Africa, on November 28 entered into a sale of shares agreement with Collins Property Group for the 30% interest Aveng holds in the issued share... 

Shell pursuing ‘green’ initiatives at Alberton depot

Oil and gas company Shell South Africa’s Alberton depot is pursuing sustainability through two projects, mainly, solar and battery power, and capacitation for biofuels, the company outlined during... 

Innomotics unveils new geared motors assembly factory in Midrand

Motor and large-drive systems supplier Innomotics (formerly Siemens Large Drives and Low Voltage Motors) on November 28 launched its new Geared Motors assembly factory in Midrand. The factory is... 

Zeda achieves record full-year revenue despite challenges

African mobility services provider Zeda achieved record revenue of R10.5-billion for the financial year ended September 30 – a 14.5% year-on-year increase – and based off a smaller fleet than... 

M&R voluntarily suspends trading in its shares as it places division in business rescue

JSE-listed Murray & Roberts (M&R) has voluntarily requested a halt in the trading of its shares after announcing that its M&R Limited division and the division’s subsidiary OptiPower have been... 

Industry members call on govt to assist in securing treaty to end plastics pollution

Ahead of the final scheduled round of negotiations on an international treaty to end plastics pollution, the World Plastics Council (WPC) and members of the Global Plastics Alliance (GPA) are... 

Kavango to build new plant to increase production at Zimbabwe prospect

London-listed Kavango Resources plans to increase high-grade gold production at Prospect 4 at the Hillside project in Matabeleland, southern Zimbabwe. High-grade gold mineralisation is currently... 

Liberty Coal launches court proceedings against illegal mining operations

Coal mining company Liberty Coal has launched proceedings out of the Mpumalanga division of the High Court of South Africa against another mining entity, in relation to alleged illegal mining... 

Articulated skip trial improving efficiencies at Maydon Wharf Terminal

A trial to use articulated skips instead of traditional skips in the chrome loading operation at the Maydon Wharf Terminal, in KwaZulu-Natal, has set an efficiency record of more than 50%,... 

New solar rental solution launched in South Africa

ReCharge Rental Solutions (RRS) has officially launched its energy rental solution, supported by international bank and wealth manager Investec, in South Africa. RRS rents and maintains bespoke... 

Marula accelerates work programme at Northern Cape lithium, tungsten project

Africa-focused Marula Mining has opted to accelerate its initial work programme at the Northern Cape lithium and tungsten (NCLT) project and also seek to leverage its flexible mining and processing... 

Plastics SA launches informal recycler training programme

Industry organisation Plastics SA has launched a pioneering Self-Employed Material Recycler Training Programme, aimed at empowering South Africa's waste pickers. Last year, 50 000 South Africans... 

Importance of efficient pricing signals in energy industry underscored

As South Africa’s energy industry transitions to a more competitive, market-based power system, the need for efficient pricing signals was expressed during industry organisation the Energy... 

Capital appoints Graeme Dacomb independent nonexec director

London-listed mining services company Capital has appointed Graeme Dacomb as an independent nonexecutive director, effective from December. Dacomb, who is based in London, will join the company’s... 

Summit underscores importance of just energy transition, C&I industry

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 

Bombela Operating Company highlights operational, sustainability strides

The Bombela Operating Company (BOC) has highlighted its works in ensuring an effective, efficient and safe Gautrain operation, while also pursuing sustainability at a broader level, as it aims to... 

Trade conditions still improving, but less so than before – Sacci

Trade conditions showed slower improvement in August, coming under further pressure since then, with only about a third of respondents reporting positive trade conditions in October – a level... 

NECER report highlights progress in tackling environmental crime

Forestry, Fisheries and the Environment Deputy Minister Narend Singh has launched the 2023/24 National Environmental Compliance and Enforcement Report (NECER), which highlights improvements in... 

Sibanye-Stillwater secures six health and safety awards

Multinational miner Sibanye-Stillwater’s South African operations received six industry health and safety awards at the Southern African Institute of Mining and Metallurgy (SAIMM) MineSafe 2024... 

Bannerman Energy appoints Bruce McFadzean as nonexec director

ASX-listed Bannerman Energy has appointed Bruce McFadzean as a nonexecutive director, effective November 18. McFadzean is a mining engineer with over 40 years of mining and process experience... 

South Africa ratings upgrade, employment figures largely a positive – BLSA CEO

The upgrade of South Africa’s rating by S&P Global to a positive ratings outlook is largely positive for the country, but employment figures from Gauteng are a source of concern, business... 

Bezant commissions technical report for Namibia project

Aim-listed Bezant Resources has commissioned independent consultancy firm Sound Mining International to generate a technical report focusing on the near-term development of the Hope deposit, in... 

IBM, Sustainable Energy for All launch new energy, urban development solutions

Technology company IBM and international organisation Sustainable Energy for All have announced new, publicly available AI-powered solutions to enable decision-makers and policymakers to map... 

TEHA report, dialogue underscore importance of Africa for EU investment

Africa, and more specifically South Africa, is a vital destination for investment from European countries, delegates were told at the eleventh The European House Ambrosetti (TEHA) CEO Dialogue on... 

Columbus Stainless calls for holistic govt approach to safeguard domestic steel production

Cooperation between the South African government and the steel manufacturing industry is imperative to address the underlying economic and other issues that created the current lack of local demand... 

Coal, gold weigh on mining industry’s production increases

South Africa’s gold and coal sectors were the only sectors to post decreases in production for September and the situation is unlikely to turn around markedly in the near term. Statistics South... 

Sustainable Fitch expands Transition Assessment to mining, steel, cement sectors

Sustainable Fitch, a FitchSolutions company, has launched an expanded Transition Assessment analytical product, through the development of new sector-specific methodologies, covering additional... 

Mining production, sales up in September

South Africa’s mining production increased by 4.7% year-on-year in September, Statistics South Africa reports. The largest positive contributions came from platinum group metals (PGMs) (6.7% and...