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Gold company Scottie Resources has announced a C$8.1-million financing package with Franco-Nevada, encompassing a 2% gross production royalty on all minerals produced on Scottie’s claims in the...
JSE-listed packaging company Nampak has entered into an agreement with a consortium represented by private equity company Corvest 15 to dispose of its liquid cartons business in South Africa, as...
Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant...
Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in...
Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the...
The creation of a formal public-private platform to assess solutions to a pending “gas cliff” for industrial consumers in South Africa points to the fact that the issue is finally being taken...
Australia’s Arrow Minerals has successfully completed a A$10-million placement, paving the way for the company to drill up to 150 holes in the in the Simandou North iron project, in Guinea. “After...
Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares...
Toronto- and New York-listed Denison Mines, which is advancing the Wheeler River project in the Athabasca basin, has reported its highest earnings a share since 2007. The company’s earnings a...
Merger and acquisition (M&A) activity in Africa experienced a sharp decline in 2023 compared with 2022, but there are signs of improvement for this year. Key factors that contributed to the...
TSX-V-listed West Red Lake Gold Mines has announced a $20-million private placement to raise funds to advance the development of a restart plan for the Madsen gold mine, in Ontario. The company...
Market leader in slurry handling equipment, Weir Minerals Africa, has an unrivalled installed base of its Warman centrifugal slurry pumps across Africa. The company offers a wide range of slurry...
While aggregate production in the South African metals and engineering sector increased by 1.7% last year, which is slightly higher than the 1.5% increase in 2022, it remains 18% below where it was...
Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term...
Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on...
The mining industry's consistent focus on environmental, social, and governance (ESG) risks, once again a central theme at the Investing in African Mining Indaba, heightened the complexity in...
The Global Energy Alliance for People and Planet (GEAPP) recognises the important role the African Energy Indaba has played over the years as a platform for key conversations on the green energy...
Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,...
JSE-, ASX- and Aim-listed MC Mining’s Independent Board Committee (IBC) has advised that shareholders should not accept a takeover offer from Goldway Capital Investment. Goldway in early February...
The Africa Energy Indaba 2024 is a significant event in the energy sector, bringing together industry leaders, policymakers, innovators, and stakeholders. Republic of Mozambique Pipeline...
Building operational efficiency and resiliency to address volatility across their value chain will be prioritised by the mining companies of the future. Companies that are ill equipped to address...
The Competition Commission is preparing to hold the first round of public hearings on its Media and Digital Platforms Market Inquiry (MDPMI). The inquiry was officially launched in October after...
China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Weak aggregate demand is the...
Focused prioritisation and diligent execution of its goals allowed the Republic of Mozambique Pipeline Investments Company (ROMPCO) to maintain uninterrupted gas supply to customers and achieve...
Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have...
By Dwibin Thomas, Cluster Automation Leader at Schneider Electric Winston Churchill said, "To improve is to change; to be perfect is to change often." It is a wonderful sentiment that can be...
TSX-listed Calibre Mining has acquired all of the issued and outstanding common shares of fellow-listed Marathon Gold, pursuant to a court-approved plan of arrangement. As a result of the...
Ecuador-focused copper/gold exploration and development company Adventus Mining has acquired all of the issued and outstanding common shares of Canada-based precious and base metals exploration and...
With over three decades of experience in the crushing, screening and materials handling industry, Pilot Crushtec International is not only an approved distributor of world class leading brands such...
Modular substations and dry-type transformers offer a number of advantages for renewable energy projects such as those relying on solar and wind power, says Trafo Power Solutions’ David Claassen....
Seven new mining licence applications (MLAs) collectively submitted by AQSE-listed Marula Mining's local partners Takela Mining Tanzania (TMT) and NyoriGreen Mining Limited (NML) at the Nyorinyori...
Canada-headquartered miner Platinum Group Metals (PTM) continues to progress a market study that seeks to identify potential global sources of platinum group metals (PGMs) concentrate that could...
South African mining companies are spending substantial sums on their Social and Labour Plans (SLPs). As a tool for improving the positive impacts of mining in South Africa, the SLPs developed and...
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...
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