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The coming 12 months are shaping up as the year of the interest-rate cut. After racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the...
The National Energy Regulator of South Africa (Nersa) has approved an electricity trading licence for Envusa Energy – a joint venture between diversified miner Anglo-American and renewable energy...
A specially trained neural network artificial intelligence (AI) system can use the signal from an electroencephalogram to detect epilepsy symptoms with a 90% accuracy, can work constantly and its...
Prominent mining company owner Rob McEwen will increase his stake in TSX-V-listed Goliath Resources by completing a private placement for 1.42-million shares, resulting in him owning 5% of the...
Uranium mining and exploration company Madison Metals has announced a private placement of units at a price of C$0.40 each for aggregate gross proceeds of up to C$500 000. Each unit will comprise...
The growing renewable energy generation sector in Africa is realising the value of modular substations in solar and wind projects, as well as the suitability of dry-type transformers in these...
Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting...
Atlas Copco Power Technique’s QAC1100 TwinPower solution consists of two fully loaded generators housed inside a custom 20-foot container and is designed to provide a reliable and flexible prime...
Diversified miner Rio Tinto is selling its 75% interest in the Fort à la Corne diamond project, in central Saskatchewan, to joint venture (JV) partner Star Diamond Corp, for shares in the Canadian...
Industry organisation the Association of Meat Importers and Exporters of Southern Africa (AMIE) has warned that poultry prices may increase over the festive season and into the new year owing to...
In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's)...
Russian gold miner Uzhuralzoloto (UGC) said on Wednesday it had raised 7-billion roubles ($78-million) in an initial public offering on the Moscow Exchange, pricing at the lower end of its range....
New demand for platinum group metals (PGMs) may be created in the energy generation and storage field, Toronto- and New York-listed Platinum Group Metals (PTM) stated on Wednesday. The unique...
A new PwC report makes the case for replicating a collaborative infrastructure model that has been used in South Africa’s Limpopo province to provide bulk water to both mines and some 400 000...
JSE-listed telecommunications group MTN company MTN Investments has received valid tenders of $353.1-million for the purchase on November 16 in a cash tender offer for notes that are due on...
South African construction materials supplier AfriSam says that the company’s ongoing investment in training and development aims to address the lack of technical skills which it says is hampering...
In a stranger-than-fiction incident earlier this month, Transport Minister Sindisiwe Chikunga and two of her armed protectors were ambushed and robbed at gunpoint near Vosloorus, on Gauteng’s East...
JSE-listed Emira Property Fund has posted an 18% year-on-year decrease in distributable earnings of R310-million for the six months ended September 30, mainly owing to disposals and lower income...
JSE-listed real estate investment trust Dipula Income Fund increased its revenue by 3% year-on-year to R1.4-billion and its net asset value (NAV) by 2.1% year-on-year to R6.1-billion for the...
Lithium miner Tantalex Lithium Resources has finalised a lithium marketing offtake agreement and convertible facilities agreement, reaching a financial arrangement of up to $5-million with...
JSE- and NYSE-listed Gold Fields has increased its interest in Chakana Copper by participating in the Canadian exploration company’s private placement. Gold Fields Nazca Holdings on November 3...
By Dwibin Thomas, Cluster Automation Leader at Schneider Electric Electric Vehicles (EVs) have become somewhat commonplace in numerous countries. With its own, bona fide racing events such as...
Toronto-listed Argonaut Gold has announced the sale of an additional 1% net smelter return royalty (NSR) on the Magino mine to bolster its balance sheet following a slower-than-planned ramp up to...
Hard-rock lithium explorer Patriot Battery on Wednesday announced that it had bought two claim blocks in the Eeyou Istchee James Bay region, expanding its land position at the Eastmain project....
JSE-listed Balwin Properties’ results for the six months ended August 31 have revealed a 33% growth in gross profit margin and a gross profit of R396-million, continuing the company’s recent margin...
Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to...
By Msizi Khoza, Managing Executive for Environment, Social and Governance (ESG) at Absa Corporate and Investment Banking A prominent undercurrent of the recent Climate Week in New York was the...
A new report commissioned by Amazon Web Services has revealed a potential R3.9-trillion economic boost by 2033 from cloud adoption in South Africa. The report, quantifying the relationship between...
The Competition Commission on Tuesday officially launched its Media and Digital Platforms Market Inquiry (MDPMI) after publishing the final terms of reference (ToRs) for the a month ago. The MDPMI...
OMF Fund IV, an entity managed by mining investor Orion Mine Finance, will invest $17-million in exploration and development company Dakota Gold and has committed future financing support. NYSE...
To stay ahead in the industry’s war for talent, AfriSam has over the years placed skills at the forefront of its people development initiatives. With its several training programmes, the company...
Gold developer Besra Gold has received the first $10-million from shareholder Quantum Metal Recovery under a $300-million gold purchase agreement. Under the gold purchase agreement, Besra would...
The Competition Tribunal has confirmed, as an order, a settlement agreement in terms of which fast-moving consumer goods firm Unilever South Africa has agreed, among others, to pay a R16-million...
Electricity utility Eskom expects to formally roll-out a virtual wheeling scheme, which it has been piloting with mobile telecoms group Vodacom since August, to the rest of the market before the...
In this opinion article, Jason van der Poel and Hannah Milner of Webber Wentzel discuss Eskom’s virtual wheeling pilot and how the roll-out of the programme will enable companies with multiple...
State-owned power utility Eskom strategy development senior manager Mutenda Tshipala has noted that Eskom is evolving from the traditional electricity wheeling mechanism to virtual wheeling in...
Platinum Group Metals has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million.
Last month, strategic minerals developer Firering reported the successful commissioning of the crushing system to produce aggregates, and the finalisation of the design work for the modification...
TSX- and NYSE-listed Platinum Group Metals (PTM) has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million. An aggregate 2.1-million common shares...
The US-South Africa Trade and Investment Executive Dialogue on September 18 built on partnership efforts and saw the launch of a yearly US-South Africa Trade and Investment Forum. The dialogue also...
Investors are finally seeing potential in European mining shares, as China's step-by-step economic stimulus is steadily laying the foundations for a recovery of the unloved sector. The STOXX...
The Competition Commission is preparing to investigate the distribution of media content on South Africa’s digital platforms, including search, social media and news aggregation platforms, and the...
The biggest takeaway from the Platinum Quarterly report and updated full-year forecast of the World Platinum Investment Council (WPIC) is the predicted record platinum deficit of more than a...
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