Fortuna confident of Séguéla life extension as exploration continues

Drilling activity continues at NYSE- and TSX-listed Fortuna Minings Séguéla mine, in Côte d’Ivoire, as part of efforts to extend the project’s life-of-mine (LoM). The expansion of mineral resources... 

Hillside Aluminium pledges R200m to boost Richards Bay manufacturing

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

Walmart's second South African store to open in Fourways

Closely following the successful opening of the first Walmart store in Clearwater Mall, in Johannesburg, the retailer has announced that its second Walmart-branded store in Fourways will open to... 

TNPA completes Durban’s Bayhead road ahead of schedule

State-owned Transnet National Ports Authority (TNPA) has reported that it has successfully completed the rehabilitation of Bayhead road at the Port of Durban a month ahead of schedule. The utility... 

National Treasury issues new infrastructure, development finance bond

The National Treasury has launched a new infrastructure and development finance bond, which will be issued to the market under government’s domestic borrowing programme. This is part of a suite of... 

Vukile delivers strong first half, upgrades full-year guidance

JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported strong results for the six months ended September 30, outperforming guidance. Vukile increased its half-year... 

Caledonia to proceed with Bilboes development as feasibility study shows project’s promise

Aim-listed Caledonia Mining has announced that it will proceed with the development of the Bilboes gold project, in Zimbabwe, following completion and publication of a feasibility study. The... 

AFD to support Transnet’s decarbonisation goals with R6bn loan

The French Development Agency (AFD) has agreed to provide State-owned Transnet with a €300-million, or R6-billion, loan to help achieve its decarbonisation objectives. Transnet and the AFD on the... 

Eastplats reports narrower losses

TSX- and JSE-listed Eastern Platinum’s (Eastplats’) revenue for the third quarter ended September 30 increased to $13.7-million, representing a $2.7-million, or 24.5%, increase year-on-year.... 

Minerals Council joins application to review R54bn Eskom-Nersa settlement

The Minerals Council South Africa has confirmed that it has applied to be joined as a third respondent in a court bid to halt a controversial settlement agreement between power utility Eskom and... 

Liberty Coal announces new phase of operations at Optimum

Coal miner Liberty Coal has announced that it is implementing its long-standing plans of appointing Liberty Mine Services (LMS), a member of the Liberty group of companies, as its principal mining... 

Goldplat reports strong operating quarter, £2.09m operating profit

Aim-listed Goldplat has reported that its two recovery operations – in South Africa and Ghana – achieved a combined operating profit of £2.09-million for the quarter ended September 30. The company... 

Lucara reports $51.2m in revenue, advances Karowe underground project

Toronto-listed Lucara Diamond sold 101 422 ct during the quarter ended September 30, generating $51.2-million in revenue. In August, the company recovered a 1 015 ct non-gem diamond and a 37.42 ct... 

New partnership promotes responsible sourcing of PGMs

Nonprofit organisation the Initiative for Responsible Mining Assurance (IRMA) and trade association the London Platinum and Palladium Market (LPPM) have announced a new, non-exclusive collaboration... 

Gold Fields targeting incrementatal growth in output over the next five years

During a Capital Markets Day media conference call, on November 13, gold miner Gold Fields CEO Mike Fraser pointed out that the company was targeting incremental production growth over the next... 

Collaboration, investment key to driving local construction sector growth

As the South African construction sector navigates various challenges, such as high interest rates and a lack of infrastructure maintenance, various steps need to be taken for South Africa to... 

Tharisa signs new debt facilities with Absa, Standard Bank

JSE-listed Tharisa has, subject to the fulfilment of certain conditions precedent, signed a $130-million debt facility with Absa Bank – acting through its Corporate & Investment Banking (CIB)... 

Hillside Aluminium to provide R200m funding to support manufacturing in Richards Bay

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

GBCSA appoints new CEO

Green Building Council South Africa (GBCSA) has appointed Georgina Smit as CEO, effective May 2026, succeeding Lisa Reynolds, who has led the organisation since 2020. The announcement was made... 

Manufacturing production up 0.3% y/y in Sept

South Africa’s manufacturing production increased by 0.3% year-on-year in September, Statistics South Africa (Stats SA) reports. The largest positive contributions were made by the motor vehicles,... 

Blue Ridge enters chrome concentrate supply agreement with investment company

JSE-listed Mantengu’s 70%-owned subsidiary Blue Ridge Platinum has entered into a life-of-mine chrome concentrate supply agreement with Monteagle International. In terms of the supply agreement,... 

Shuka receives initial tranche for proposed mining acquisitions

Aim-listed Shuka Minerals has received an initial tranche of $300 000 from its financing partner Gathoni Muchai Investments (GMI) under an increased loan facility for the financing of Shuka’s... 

Ironveld reports progress in DMS-grade magnetite processing facility

Aim-listed Ironveld has reported that Daemaneng Minerals has made significant strides in preparing Ironveld's joint venture dense media separation- (DMS-) grade magnetite processing facility, in... 

Outa, Fines SA welcome AARTO implementation delay

The Organisation Undoing Tax Abuse (Outa) and digital traffic fines platform Fines SA have welcomed the announcement by the Department of Transport to defer the implementation of the Administrative... 

Millbake, Groceries divisions give Premier Group’s interim results a boost

JSE-listed fast-moving consumer goods and personal care products company Premier Group has reported that its interim results for the six months ended September 30 demonstrate the continuance of a... 

West Wits issues shares to Absa to settle fees

ASX-listed West Wits Mining has issued 100.39-million unlisted options to Absa Bank – acting through its Corporate and Investment Banking division – to settle fees of R7.66-million payable to Absa... 

Switch Metals signs MoU with Xcelsior

London-listed Switch Metals has signed a memorandum of understanding (MoU) with financial services company Xcelsior Capital Advisors. Xcelsior provides financing to producers of critical metals and... 

AECI unveils TNT-free booster technology

Chemicals and mining explosives company AECI unveiled trinitrotoluene- (TNT-) and pentaerythritol tetranitrate- (PETN-) free booster technology at the European Federation of Explosives conference,... 

ARM continues discussions on Assmang dividend

JSE-listed African Rainbow Minerals (ARM) has advised shareholders that there are ongoing discussions among the directors of mining company Assmang, who have been appointed by ARM and Assore South... 

Competition Commission refers case against the JSE to the Tribunal

The JSE has advised its shareholders that the Competition Commission has referred the JSE to the Competition Tribunal for prosecution. In a November 10 statement, the JSE says the commission did... 

Eskom celebrates Koeberg Unit 2’s 40 years of commercial operation

Power utility Eskom on November 9 celebrated the 40-year anniversary of Unit 2 at the Koeberg nuclear power station. Koeberg Unit 2 entered commercial operation on November 9, 1985, with Eskom... 

Numsa signs three-year wage agreement in the tyre sector

The National Union of Metalworkers of South Africa (Numsa) has concluded a three-year wage agreement in the tyre manufacturing sector, effective from July 31 this year to June 30, 2028. In a media... 

Canyon continues with development of Minim Martap despite minor delays

Despite reports of unrest in several cities in Cameroon following the re-election of President Paul Biya, ASX-listed Canyon Resources has continued to progress the development of its Minim Martap... 

Growthpoint buys into Free State hydroelectric plant

JSE-listed real estate investment trust (Reit) Growthpoint Properties has acquired a 30% stake in independent power producer Serengeti Energy’s operational Boston Hydro plant near Clarens, in the... 

CSIR launches CO2 supercritical encapsulation facility

The Council for Scientific and Industrial Research (CSIR) launched a pioneering CO₂ Supercritical Encapsulation Facility (SCEF), the first of its kind on the African continent, on October 17. This... 

SA Corporate Real Estate to acquire The Parks Lifestyle Apartments

Real estate investment trust SA Corporate Real Estate’s planned acquisition of the Parks Lifestyle Apartments, in Gauteng, presents an opportunity for the company to further its strategic focus on... 

African CEOs remain optimistic despite challenges, emphasise AI adoption as strategic priority

Amid global economic uncertainty and geopolitical tensions, African CEOs have demonstrated resilience despite challenges, expressing optimism about their own organisations’ growth prospects.... 

UWC appoints Raymond Parsons as Extraordinary Professor

Professor Raymond Parsons has been appointed as an extraordinary professor in the Faculty of Economic and Management Sciences at the University of the Western Cape (UWC). In a media release, UWC... 

Oscillate signs definitive agreement to dispose of noncore hydrogen assets

Copper and future metals developer Oscillate – to be renamed Serval Resources – has signed a definitive agreement with Pulsar Helium to supersede the nonbinding term sheet announced on September 2... 

Resolute assures shareholders Syama mine operating normally

Noting media articles regarding events in Mali, London-listed Resolute Mining has informed shareholders that its Syama mine, located in the south of Mali, continues to operate normally with minimal...