Canadian mining company Premium Nickel Resources will raise C$27.5-million through an upsized private placement offer, the company announced on Monday. This is an increase from the initial... 

JSE-listed, consumer-focused retail real estate investment trust (Reit) Vukile Property Fund on June 5 said it had outperformed the upper end of its full-year market guidance, delivering a 10.5%... 

National Treasury has released the ‘Local Government Revenue and Expenditure Report’ for the third quarter of the 2023/24 financial year, which shows an underperformance of actual collections... 

TSX-V-listed Diamcor Mining has closed a $1.4-million first tranche of a nonbrokered private placement following receipt of conditional acceptance of the offering from the TSX-V. The company now... 

At its AGM in Dubai, the global representative body for the airline industry, the International Air Transport Association (IATA), announced that its profitability forecast for the worldwide airline... 

The ‘2024 Tax Transparency in Africa’ report shows that improved tax transparency, exchange of information (EOI) and related measures have enabled an increase in fiscal revenue for African... 

Real estate investment trust Fairvest has posted an interim distribution of 67.83c per A share and 21.24c per B share for the six months ended March 31. “Fairvest is operationally strong and agile... 

JSE- and Aim-listed Pan African Resources will host a general meeting in London on June 10 to discuss a proposed capital reduction programme. Additionally, the company expects a court hearing to... 

Spray nozzles play a crucial role in dust suppression to help prevent silicosis, a lung disease caused by prolonged exposure to respirable crystalline silica (RCS) particles. Here are some ways in... 

By Taru Madangombe, Vice President: Power and Grid for Middle East and Africa at Schneider Electric By hook or by crook is certainly a statement in determination that applies to South Africans.... 

A South African manufacturer and supplier of concrete brick-making machines has started using Vesconite Hilube linear bushings as spare parts for its manual/electric brick-making machines and as... 

Specialist graphite producer Tirupati Graphite will, on June 11, hold a general meeting to give shareholders the opportunity to vote on a resolution brought by a group of shareholders to replace... 

BHP is likely to sweeten its $43-billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered... 

London-listed specialist flake graphite producer Tirupati Graphite has asked shareholders to vote against resolutions brought by a group of shareholders seeking the removal of chairperson and MD... 

Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled... 

Advanced water clarification technology solutions on offer from water recycling and concrete reclaiming systems developer Jadair International – such as its Settler/Clarifier System – are enabling... 

The initial direct cost of placing South Africa on an energy transition pathway over the coming five years in line with its decarbonisation targets is calculated at a hefty R1.5-trillion in the... 

Specialist graphite producer Tirupati Graphite says its directors have offered to meet with shareholders who have requested a general meeting be held to allow shareholders to vote on the removal of... 

Addressing global challenges such as climate change and the growing focus on sustainable development was front of mind in the development of Pratliperl by local manufacturer Pratley, says Pratley... 

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing... 

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 

A vertical shaft impactor (VSI) designed and manufactured in South Africa is proving to be popular in the high-spec road base and concrete aggregates market in Australia. The TwisterTrac VS350E... 

AfriSam All Purpose Cement notes that its specially blended formulation supports the construction of durable and long-lasting structures and highlights its cement’s contribution to the durability... 

Canadian lithium exploration and development company EMP Metals has, in partnership with Koch Technology Solutions and Saltworks Technologies, started commissioning its direct lithium extraction... 

South Africa faces a gas supply issue from about mid-2026, and liquified natural gas (LNG) is the only viable solution for the country’s existing gas industry which is reliant on large scale,... 

TSX-V-listed Revival Gold has announced the acquisition of Ensign Minerals, owner of the Mercur gold project, in Utah, marking the company’s expansion in the US. The acquisition, in an all-share... 

Designed and manufactured in South Africa by Pilot Crushtec, the TwisterTrac VS350E vertical shaft impactor (VSI) has over the years gained popularity in Australia. Key to its success is the... 

AfriSam All Purpose Cement is recognised as a fundamental component in various construction applications, embodying versatility, reliability, quality and affordability. This premium product is... 

The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold... 

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...