Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 

Marula outlines testwork, trials to follow on Kinusi copper material

Battery metals miner Marula Mining has received all necessary export permit and approvals in Tanzania to ship 10 kg of copper ore samples to South Africa for metallurgical testwork and assays.... 

ARC to release invasive-plant controlling beetles in Umkhomazi

The Agricultural Research Council’s (ARC’s) plant health and protection unit will, on November 25, release a leaf-feeding lady beetle called Mada Polluta in Umkhomazi, KwaZulu-Natal, to act as a... 

Emerging copper miner Koryx appoints new president, COO

TSX-V-listed Koryx Copper has appointed Heye Daun president and CEO effective immediately. Daun will also retain his position as chairperson.  

AgriSETA reflects on strides made to empower women in sector

In reflecting on education and training authority for the agriculture sector AgriSETA’s accomplishments for the 2023/24 financial year, chairperson Sharon Sepeng lauded the organisation for having... 

dtic clarifies closing date for comment on direct marketing law amendments

The Department of Trade, Industry and Competition (dtic) has clarified that the closing date for public comments on the draft amended Regulation 4 of the Consumer Protection Act is December 12, not... 

Lower earnings reflect difficult trading year for TWK

Diversified agriculture and forestry company TWK Investments says its results for the year ended August 31 reflect the unusual and challenging trading environment it experienced throughout the... 

Ionic publishes promising feasibility study on UK rare earth oxide facility

ASX-listed Ionic Rare Earths has delivered a compelling feasibility study on a commercial rare earth oxide (REO) manufacturing facility in Belfast, in the UK. Ionic is already producing a... 

Astral swings to full-year profit, resumes dividend

JSE-listed integrated poultry producer Astral Foods has managed to swing from an operating loss of R621-million in the 2023 financial year to an operating profit of R1.1-billion for the financial... 

NTCSA revises latest TDP considering uptick in expected generation capacity

The National Transmission Company of South Africa (NTCSA) has hosted its inaugural Transmission Development Plan (TDP) briefing since starting commercial operation in July this year, with the 2024... 

Gold Fields records quarterly output increases across portfolio

JSE-listed Gold Fields made notable operational improvements in the quarter ended September 30, resulting in a 12% quarter-on-quarter increase in output to 510 000 oz and a 3% quarter-on-quarter... 

ENS concerned about ‘too harsh’ provisions in incoming Mine Health and Safety Amendment Bill

Law firm ENS on November 14 presented a webinar unpacking amendments to the Mine Health and Safety Act (MHSA), which will soon be presented for approval in the National Assembly. The webinar was... 

Unemployment rate improves to 32.1% in the third quarter

South Africa’s unemployment rate decreased by 1.4 percentage points to 32.1% in the third quarter, from 33.5% in the second quarter. The expanded unemployment rate, which includes discouraged work... 

Omnia reports commendable increase in first-half operating profit

JSE-listed chemicals group Omnia has reported a 17% increase in operating profit to R802-million for the six months ended September 30, which CEO Seelan Gobalsamy says was driven by solid... 

SAAFF bemoans lethargic SADC's failure to stop Moz conflicts impacting regional economy

With more than 500 000 people having been displaced and 5 785 having died over the last seven years as conflict wages in Mozambique’s Cabo Delgado province, Southern Africa Association of Freight... 

RGS takes Tongaat, Vision to High Court over ‘unimplementable’ rescue plan

Mozambican investment group RGS Holdings has submitted an urgent application in the Durban High Court to interdict and set aside the implementation of embattled sugar producer Tongaat Hulett’s... 

Eskom, CoJ at loggerheads over debt, plans to interrupt Jhb power supply

Power utility Eskom has announced plans to interrupt power supply to the City of Johannesburg (CoJ) at certain pre-determined times of day from next month, citing City Power’s failure to pay... 

Experts weigh in on increasingly decentralised freight logistics model

As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted... 

Arc identifies priority target for drilling in Zambian JV

London-listed Arc Minerals has observed copper mineralisation at all targets drilled on the joint venture (JV) project it has with Anglo American in Zambia. The companies have identified priority... 

AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 

Sappi posts solid full-year earnings despite volatile market conditions

JSE-listed paper and dissolving wood pulp (DP) manufacturer Sappi has exceeded its expectations for the financial year ended September 30, despite having reported a decrease of 6.4% year-on-year in... 

Alphamin posts record quarterly tin output

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 

Blencowe now funded to see Orom-Cross DFS through to completion

London-listed emerging graphite miner Blencowe Resources has announced a retail offer through a bookbuild of new ordinary shares valued at £195 000, as well as the successful raising of... 

M&R foresees more immediate liquidity challenges as Venetia contract ends

Engineering and contracting group Murray & Roberts (M&R) has advised that its interim earnings for the six months ended December 31 will be impacted on by the loss of business it had in place with... 

Kodal disagrees with Hainan statement related to MoU in Mali

Following an announcement by Hainan Mining related to the memorandum of understanding (MoU) between the Mali government, Hainan and Aim-listed Kodal Minerals’ jointly owned subsidiary Kodal... 

TotalEnergies outlines likely energy transition scenarios, suggests more global cooperation

In light of the world’s population being estimated to grow by at least 1.7-billion by 2050 and the fact that about 4.5-billion people already do not have sufficient access to energy, TotalEnergies... 

South Africa, Chile collaborate to advance sustainable fisheries, aquaculture

The governments of South Africa and Chile have signed a memorandum of understanding to cooperate on fisheries and aquaculture. The countries will soon establish a joint technical committee to... 

Redefine reports improvements in occupancy, overall demand

JSE-listed real estate investment trust (Reit) Redefine Properties has posted a distributable income per share (DIPS) of 50.02c and a dividend of 42.52c apiece for the financial year ended August... 

Sephaku expects at least 69% increase in interim earnings

JSE-listed Sephaku Holdings expects to report an increase of between 69% and 85% in its basic earnings per share (EPS) to between 13.1c and 14.3c for the six months ended September 30. This... 

Canyon advances early works on now-permitted Minim Martap bauxite project

ASX-listed bauxite miner Canyon Resources and its subsidiary Camalco has been granted a mining licence for the Minim Martap project in Cameroon. The 20-year licence is conditional upon the... 

Sugar association appoints Mhlaba CEO

Industry body the South Africa Sugar Association (SASA) has appointed Sifiso Mhlaba CEO, succeeding Trix Trikam who retired as head of the organisation on November 1. Trikam led the organisation... 

Terra Firma to roll out R1.3bn solar PV programme

Renewable-energy company Terra Firma has announced a new large-scale solar energy build programme that will see customers gain access to wheeled energy from August 2026. The R1.3-billion programme... 

Businesses optimism rises with reforms

Pharmaceuticals group Aspen strategic trade development executive Stavros Nicolaou has confirmed that the Government of National Unity’s (GNU’s) efforts to accelerate economic growth in South... 

Tiger Brands considering urgent medical compensation to victims of listeriosis ahead of trial

JSE-listed fast-moving consumer goods manufacturer Tiger Brands on October 30 issued a statement confirming that it is engaging with the law firm handling claims on behalf of victims of a... 

Agriculture set to benefit greatly if MTBPS sentiment is realised

Industry bodies Agri SA and the Agricultural Business Chamber of South Africa (Agbiz) agree that Finance Minister Enoch Godongwana’s Medium Term Budget Policy Statement (MTBPS) shows that... 

Business welcomes pragmatic MTBPS but maintains public service should be downsized

Business, academia and industry associations have welcomed the reforms highlighted in the 2024 Medium Term Budget Policy Statement (MTBPS) delivered by Finance Minister Enoch Godongwana on October... 

NTCSA revises latest TDP considering uptick in expected generation capacity

The National Transmission Company of South Africa (NTCSA) has hosted its inaugural Transmission Development Plan (TDP) briefing since starting commercial operation in July this year, with the 2024... 

Salungano’s interim headline loss widens to 90c

Mining investment company Salungano Group has continued experiencing operational and financial challenges in the six months ended September 30, with the Elandsfontein Colliery not having produced... 

Turnaround efforts in full swing at MSR’s Tormin mine in the Western Cape

South Africa-focused Mineral Sands Resources (MSR) will, in a month’s time, publish a business rescue plan for the Tormin mine, in the Western Cape. Shareholders will then, on December 13, vote... 

AngloGold, Centamin shareholders approve acquisition

The shareholders of gold miners AngloGold Ashanti and Centamin have approved the deal whereby AngloGold intends to acquire Centamin for $2.5-billion. The majority shareholder approval follows a...