Sunrise confirms $120m cost to build NSW scandium project

ASX-listed Sunrise Energy Metals has confirmed in a feasibility study that the Syerston project, in New South Wales, is one of a few in the world capable of delivering scandium at the scale and... 

Gold, crude oil prices trend higher amid world’s newest conflict in Middle East

UK-based market research agency CreditSights says the conflict in Iran is already influencing global metals markets, with prices reflecting both geopolitical risk premiums and rising energy costs.... 

Lindian acquires MREC processing facility in Kazakhstan

ASX-listed Lindian Resources has signed a binding term sheet to secure 51% ownership of the Sareco mixed rare earth carbonite (MREC) processing facility in Kazakhstan. The MREC facility was... 

First Phosphate granted C$16.7m to investigate battery-grade phosphate processing

Canadian minerals developer First Phosphate has been approved for a nonrepayable contribution agreement for up to C$16.7-million with the Canadian government under the Global Partnerships... 

Tech start-up offers digital counting, movement monitoring solution to mitigate FMD spread

With the current foot and mouth disease (FMD) outbreak spreading across most of South Africa, technology solutions provider Internet of Things Integration (IOTI) has developed a virtual fencing... 

Osisko Development resumes surface, underground development at Cariboo after fatality

Gold developer Osisko Development has resumed site activities at the Cariboo gold project, in British Columbia, Canada, after a temporary suspension related to a safety incident on January 22. A... 

Wesizwe working to publish its delayed interim, full-year results in March and April

JSE-listed Wesizwe Platinum has informed shareholders that it will publish its interim financial statements for the six months ended June 30, 2025, between March 15 and March 31, to allow for... 

FMD vaccination in full swing in epicentres across the country

Agriculture Minister John Steenhuisen has confirmed that the one-million doses of foot and mouth disease (FMD) vaccine received in the country last Saturday have been distributed to outbreak... 

Jubilee to reconfigure board over time, considers way forward for dividends

Aim- and AltX-listed Jubilee Metals Group has announced the completion of the transaction to sell its chrome and platinum group metals operations in South Africa, which allows the company to focus... 

MC Mining announces Kinetic as new major shareholder

ASX- and JSE-listed MC Mining has advised that Hong Kong-listed Kinetic Development Group now holds 44.01% of the company’s shares following a range of share subscription arrangements valued at... 

TSAM set to introduce various new models, laments South Africa’s deindustrialisation

Toyota South Africa Motors (TSAM) has unveiled the latest models to be offered in the South African market this year, including various new-energy vehicles (NEVs). The company announced at its... 

Growthpoint, Tricolt turn soil on Olympus residential towers

JSE-listed Growthpoint Properties and luxury property developer Tricolt Group have started construction at 81 200 m2 mixed-use residential and retail development Olympus, in Sandton’s Summit... 

Planned R20bn tax increase withdrawn from 2026 Budget

Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and... 

Operation Vulindlela delays are receiving attention - Treasury

With Operation Vulindlela having entered its second phase, which focuses on structural reforms and economic recovery for municipalities over the next three years, National Treasury admits in it... 

Agriculture sector should benefit from wider macroeconomic, fiscus improvements

The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget... 

Treasury mandates sustainability plans as fiscal anchor going forward

To entrench commitments to healthy public finances, national government will introduce legislation requiring each new administration to table a medium-term fiscal plan to embed fiscal... 

Treasury expects healthy trade, investment conditions until at least 2028

National Treasury expects demand from South Africa’s major trading partners to tick up from an estimated 3.1% in 2025 to 3.3% in 2026, settling at 3.4% in 2027 and 2028. This trend is supported by... 

Aveng narrows basic interim loss to A$1.5m

Infrastructure and contract mining group Aveng has reported higher gross earnings of A$69.4-million for the six months ended December 31, compared with the prior half-year's gross earnings of... 

National Small Business Chamber launches SME funding readiness platform to address capital gap

While small- and medium-sized enterprises (SMEs) contribute up to 40% of GDP and account for about 60% of employment in South Africa, significant capital allocated to SME funding remains... 

Provincial governments urged to strengthen veterinary capacity as FMD spreads to new areas

The Department of Agriculture (DoA) presented an update on the status of Foot-and-Mouth Disease (FMD) in the country to the Portfolio Committee on Agriculture, noting that the number of outbreaks... 

Researchers working to mitigate increasing number of contaminants in certain staple foods

Invisible contaminants in staple foods are posing a serious but often overlooked threat to public health and food security across Africa say researchers at the University of Johannesburg (UJ).... 

Both gold, platinum prices consolidating in high ranges

Refinery services provider Heraeus says gold prices continue to show a consolidation trend following record prices late in December, which means prices are moving within a specific, range-bound... 

Energy Council asks for fiscal support towards continued electricity reform

Ahead of the 2026 Budget that will be delivered on February 25, the Energy Council of South Africa has called on Finance Minister Enoch Godongwana to prioritise electricity grid delivery and fiscal... 

Mantengu CEO Mike Miller resigns, Naidoo takes the reins

JSE-listed mining investment company Mantengu CEO and executive director Mike Miller has resigned from both positions effective February 28. Mantengu says in a statement issued on February 20... 

Atlantic Lithium confirms recent takeover proposal will not be considered

ASX- and Aim-listed Atlantic Lithium has ceased discussions with an interested buyer wanting to acquire all the issued share capital of the company. Atlantic recently received a conditional,... 

Agri SA, Agbiz partner with ISA to undertake targeted agri road corridor development

Industry bodies Agri SA and the Agricultural Business Chamber of South Africa (Agbiz) have formalised a strategic partnership with Infrastructure South Africa (ISA) to prioritise critical... 

Trafigura, Kamoa Copper undertake maiden copper anode sale, Lobito Corridor slashes transport time

Metals trader Trafigura and TSX-listed Ivanhoe Mines’ Kamoa Copper business in the Democratic Republic of Congo (DRC) has successfully completed its first sale of low-carbon copper anodes, which is... 

Anglo sees growth in refocused portfolio earnings despite reporting wider loss of $3.7bn

Global diversified miner Anglo American is starting to see underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) gains from its simplified portfolio that focuses on... 

Sanral advises of 3.12% toll tariff increase

South African National Roads Agency Limited (Sanral) has announced that toll tariffs will increase by 3.12% with effect from March 1. This compares with the annual increase of 4.85% last year.  

Eskom starts stakeholder engagements in Eastern Cape for new nuclear builds

State-owned power utility Eskom’s Nuclear Operating Unit has started with a strategic stakeholder engagement programme in the Eastern Cape to outline its vision and plans for the implementation of... 

Kefi starts construction at Tulu Kapi gold project

Aim-listed Kefi Gold and Copper has broken ground at the Tulu Kapi gold project, in Ethiopia, which will produce about 140 000 oz/y of gold from 2027. The start of construction at the project comes... 

Despite massive impairments, Sibanye-Stillwater will report narrower basic loss

Metals miner Sibanye-Stillwater expects to report an increase of more than 360% in its headline earnings per share (HEPS) for the year ended December 31, 2025. The NYSE- and JSE-listed group says... 

Pan African Resources boasts record interim profit of $147m

JSE- and LSE-listed gold producer Pan African Resources has achieved a 322% year-on-year increase in its adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to... 

New Horizon Copper starts construction at legacy Namibian mine

Copper miner New Horizon Copper has broken ground at its 80%-owned Kombat mine, in Namibia, which marks the start of a new chapter for this historic asset. The construction start on February 17 was... 

Steenhuisen confirms private vets can administer FMD vaccines, largest import batch due Saturday

During the February 17 Parliamentary debate on the State of the Nation Address (SoNA), Agriculture Minister and Democratic Alliance leader John Steenhuisen welcomed President Cyril Ramaphosa’s... 

Sovereign Metals secures Traxys as graphite trading partner

ASX- and Aim-listed Sovereign Metals has signed a memorandum of understanding (MoU) with global physical commodity trader and merchant Traxys North America for the marketing and sale of graphite... 

Insolvencies globally expected to rise only modestly unless interest rates spike

Global trade credit insurance company Coface expects business insolvencies to rise by 2.8% this year if interest rates remain at current levels, but warns that a rise in interest rates of just 25... 

Iron-ore output growth on the horizon for BHP in Australia, Brazil

As the world’s lowest-cost major iron-ore producer globally, iron-ore remains a cornerstone of diversified miner BHP’s production portfolio and earnings. The group produced 134-million tonnes of... 

Stefanutti’s order book at a healthy R15.3bn

Multidisciplinary construction group Stefanutti Stocks has advised in a market update that its current order book stands at R15.3-billion, compared with R13.2-billion in August last year and... 

African M&A inbound and outbound deal values increased in 2025

Merger and acquisition (M&A) activity remained strong in Africa last year, with the value of inbound M&A deals into Africa having increased by 40% from 2024, finds law firm Herbert Smith Freehills...