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TASEZ and NAACAM Sign Landmark Agreement to Boost Automotive Industry Growth and Skills Development
TASEZ and NAACAM Sign Landmark Agreement to Boost Automotive Industry Growth and Skills Development
11th March 2025

The National Association of Automotive Component and Allied Manufacturers (NAACAM) and the Tshwane Automotive Special Economic Zone (TASEZ) have signed a Memorandum of Agreement (MOA) to drive... 


Cyclone receives first $6.3m from Vale for Canada project
Cyclone receives first $6.3m from Vale for Canada project
11th March 2025 By: Creamer Media Reporter

Australia-headquartered Cyclone Metals is preparing for a large drilling campaign at its Iron Bear iron-ore project in Canada. The programme, set to run between June and November this year, will... 


Major copper miner Peru readies US delegation amid tariff threat
Major copper miner Peru readies US delegation amid tariff threat
11th March 2025 By: Bloomberg

Peru is planning to send a delegation to meet with US officials after the Trump administration announced plans to introduce copper tariffs that may affect the South American nation’s biggest export... 


Chevron CEO urges lasting US energy policy, not extreme swings
Chevron CEO urges lasting US energy policy, not extreme swings
11th March 2025 By: Reuters

Chevron would like to see durability in US energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. US President Donald Trump's first weeks in office during his... 


Cherry tomatoes in a cardboard punnet
Mpact optimistic about its exposure to growth sectors
10th March 2025 By: Schalk Burger

JSE-listed paper and plastics packaging and recycling company Mpact has reported a 4% year-on-year increase in revenue to R13.3-billion for the year ended December 31, 2024, despite a challenging... 


Merafe CEO Zanele Matlala (left) and Merafe FD Ditabe Chocho.
New ferroalloy technology pilot results ‘looking great’, Merafe presentation hears
10th March 2025 By: Martin Creamer

The results of the pilot testing of a new Proudly South African smelting technology, which lowers electricity usage and has the potential to render local ferroalloy beneficiation globally... 


AMSA's Newcastle Works
Committee bemoans lack of govt communication amid AMSA longs wind-down
10th March 2025 By: Marleny Arnoldi

As talks intensified earlier this year between primary steel producer ArcelorMittal South Africa (AMSA) and government to mitigate the impacts of AMSA’s wind-down of its longs business, the Select... 


DMRE denies allegations that it is ignoring claims of illegal sugilite mining
10th March 2025 By: Darren Parker

The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal... 


Resolution acquires antimony assets as it seeks to capitalise on global supply shortages
10th March 2025 By: Mariaan Webb

Australia-listed Resolution Minerals has announced a binding agreement to acquire three exploration projects in New South Wales and Queensland, enhancing its strategic exposure to two critical... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals is confident platinum group metals pricing will increase
7th March 2025 By: Martin Creamer

Dr Patrice Motsepe, the executive chairperson of the diversified mining company African Rainbow Minerals, on Friday expressed confidence that platinum group metal (PGM) prices will increase in the... 


exxaro headoffice
Exxaro warns shareholders to expect disappointing 2024 earnings amid cost pressures
7th March 2025 By: Darren Parker

JSE-listed Exxaro Resources has warned shareholders that its headline earnings per share for the year ended December 31, 2024, are expected to have decreased by between 30% and 44% year-on-year to... 


Freeport Indonesia may get around 1Mt copper concentrate export quota
7th March 2025 By: Reuters

Copper miner Freeport Indonesia may get an export quota for around one-million metric tons of copper concentrate, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.... 


African Rainbow Minerals executive chairperson Dr Patrice Motsepe.
African Rainbow Minerals declares R1bn-plus interim cash dividend
7th March 2025 By: Martin Creamer

The board of African Rainbow Minerals (ARM) has declared an interim dividend of R4.50 a share amounting to R1 011-million for the half-year of financial year (FY) 2025, the Johannesburg Stock... 


An image of Luvuyo Masinda
Collaboration, investment required for rail system to thrive
7th March 2025 By: Trent Roebeck

Boosting local rail infrastructure through government and private-sector collaboration – in the form of public–private partnerships (PPPs) – while harnessing complementary assistance from... 


Magazine cover image
New defence review needed to tackle widening SANDF funding and capacity gaps
7th March 2025 By: Rebecca Campbell

In late January, in fighting in the city of Goma and surrounding districts, in North Kivu province, in the east of the Democratic Republic of Congo (DRC), 14 South African soldiers were killed. The... 


No way out
7th March 2025 By: Riaan de Lange

Where would it be more appropriate to write about tariffs than in the Roof Terrace and Lounge at 38°53′49.1″N, 77°1′59.8″W – Hotel Washington. It is only a stone’s throw away from 38.8977″N,... 


BMW SA reintroduces third shift, reports growing local interest in PHEV model
7th March 2025 By: Irma Venter

BMW Group South Africa (BMW SA) says the new BMW X3 has “strongly resonated” with local customers since its introduction in October last year, with all available stock sold, or on order. The X3 is... 


Tyre industry concerned about possible AGOA expulsion
7th March 2025 By: Irma Venter

South Africa’s tyre, equipment and parts industry says it is concerned about possible tariff jumps, lost contracts and supply chain disruptions, should South Africa’s duty-free access to the US... 


Image of hydroelectric dam
Lufira hydropower project, Democratic Republic of Congo
7th March 2025 By: Sheila Barradas

The African Export-Import Bank is working on the development of a 200 MW reservoir-based hydropower. 


Magazine cover image
New defence review needed to tackle widening SANDF funding and capacity gaps
7th March 2025 By: Rebecca Campbell

In late January, in fighting in the city of Goma and surrounding districts, in North Kivu province, in the east of the Democratic Republic of Congo (DRC), 14 South African soldiers were killed. The... 


Grindrod to roll out R8bn capital programme to scale up its business
Grindrod to roll out R8bn capital programme to scale up its business
6th March 2025 By: Irma Venter

Grindrod will roll out an R8-billion multiyear programme to scale up its business in South Africa and Mozambique. This comes amid a softening in the global commodity cycle, as well as social... 


The Kinsevere mine site
China’s MMG halts new Congo plant after one year on cobalt slump
6th March 2025 By: Bloomberg

A Chinese State-controlled mining company mothballed a cobalt processing plant in the Democratic Republic of Congo only 15 months after opening it due to a historic slump in the price of the... 


Canadian Prime Minister Justin Trudeau
Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash
6th March 2025 By: Reuters

The United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, several... 


RMB chief economist Isaah Mhlanga
Business sentiment recovery has stalled, index shows
5th March 2025 By: Sabrina Jardim

Following three consecutive increases, the RMB/BER Business Confidence Index (BCI) remained unchanged at 45 index points in the first quarter of this year. While a touch above the long-term average... 


Agriculture Minister John Steenhuisen
Steenhuisen warns of massive knock to citrus, other commodities if Agoa expires
5th March 2025 By: Marleny Arnoldi

Agriculture Minister John Steenhuisen stresses that South Africa’s citrus industry stands to lose a lot if the US decides not to extend the country’s benefits under the African Growth and... 


R40bn Eastern Cape green energy cluster expected to reach financial close in 2027
R40bn Eastern Cape green energy cluster expected to reach financial close in 2027
5th March 2025 By: Terence Creamer

Emerging electricity retail brand Earth & Wire is aiming to achieve financial close on a R40-billion renewables and storage cluster in the Eastern Cape by the third quarter of 2027 and begin... 


Sun Silver steps into antimony race
Sun Silver steps into antimony race
5th March 2025 By: Mariaan Webb

As geopolitical uncertainty intensifies, Australia-listed Sun Silver is moving to position itself as a key participant in the supply of US-sourced antimony – a critical mineral essential to... 


The Johannesburg CBD
South Africa's business downturn eases in February, S&P PMI shows
5th March 2025 By: Reuters

Business activity in South Africa continued to weaken in February, but the pace of contraction slowed compared with the start of the year, a survey showed on Wednesday. The S&P Global South Africa... 


Jonathan Price
Teck plans to sell to Asia to avoid US tariffs
5th March 2025 By: Reuters

Canadian miner Teck has been developing plans to sell zinc to Asia instead of the US to circumvent tariffs from President Donald Trump's administration on Canadian imports, CEO Jonathan Price on... 


Copper cathode produced in the DRC
Congo courts Trump for strategic minerals tie-up as war looms
5th March 2025 By: Bloomberg

The Democratic Republic of Congo has offered the US exclusive access to critical minerals and infrastructure projects in exchange for security assistance as it battles a rebellion backed by... 


Defense Metals secures funding from CMIF for its Wicheeda REE project
Defense Metals secures funding from CMIF for its Wicheeda REE project
4th March 2025 By: Creamer Media Reporter

TSX-V-listed Defense Metals has secured a conditional C$853 825 from Natural Resources Canada’s (NRCan’s) Critical Minerals Infrastructure Fund (CMIF) to advance infrastructure development at its... 


Suzuki is now firmly in second spot on the bestseller list
February sales up, exports down, Suzuki moves into second spot
3rd March 2025 By: Irma Venter

February new-vehicle sales in the domestic market improved by 7.3%, to 47 978 units, compared with the same month last year. It is also the second month this year that importer Suzuki has taken... 


An image of Bidvest CE Mpumi Madisa
Majority of Bidvest businesses deliver interim growth, despite headwinds
3rd March 2025 By: Tasneem Bulbulia

JSE-listed Bidvest Group says its achieved “decent” result for the six months ended December 31, with most of its businesses having generated consistent profits. Bidvest is a business to business... 


iron ore lump
Zanaga announces $21.5m equity fundraise to advance iron-ore project
3rd March 2025 By: Darren Parker

Aim-listed Zanaga Iron Ore Company has announced an equity fundraise for gross proceeds of $21.5-million, with the potential to upsize to $23-million, conducted by way of subscriptions to a group... 


Slight decline in February Absa PMI as activity remains subdued
3rd March 2025 By: Schalk Burger

The Absa Purchasing Managers’ Index (PMI) declined slightly by 0.6 points to 44.7 points in February, remaining in contractionary terrain. This is the fourth consecutive contraction, as activity... 


Coal’s four-year lows hide a coming global supply squeeze
Coal’s four-year lows hide a coming global supply squeeze
3rd March 2025 By: Bloomberg

Languishing global prices today mask a very different future for the world’s most-consumed source of power. Australian thermal coal contracts, the benchmark for Asia, are hovering close to $100 a... 


Minister Jonathan Wilkinson
Canada to extend mineral exploration tax credit for two more years, Minister says
3rd March 2025 By: Reuters

Canada will extend a tax credit on mineral exploration for two additional years as part of the government's move to support investment in exploration projects, energy, and natural resources,... 


Rio Tinto resumes operations at Western Australia's Dampier port after five weeks
Rio Tinto resumes operations at Western Australia's Dampier port after five weeks
3rd March 2025 By: Reuters

Rio Tinto said on Monday that its iron ore export facility in Western Australia's Dampier port resumed operations after being offline for over five weeks due to flooding from tropical cyclones. "A... 


AfCFTA Secretariat secretary-general Wamkele Mene
If South Africa is expelled from Agoa, it should look to Chinese, African markets, Mene says
28th February 2025 By: Darren Parker

South Africa’s expected expulsion from the African Growth and Opportunity Act (Agoa) need not be a death sentence to the country’s export prospects, African Continental Free Trade Area (AfCFTA)... 


China's Xi Jinping
China keeps unprecedented hold on metals with mining push abroad
28th February 2025 By: Bloomberg

China last year committed more resources than ever to mining abroad as part of Xi Jinping’s global infrastructure program, a new study found, underscoring its growing grip on the metals supply... 


Thungela completes buyout of Ensham stake
28th February 2025 By: Creamer Media Reporter

All conditions precedent to Johannesburg- and London-listed Thungela Resources' buyout of the final 15% interest in the Ensham business, in Australia, for A$48-million, have been fulfilled.... 


An aeroplane being loaded with cargo
Global air cargo demand continued to grow in January, but at a more moderate rate
28th February 2025 By: Rebecca Campbell

Total global air cargo demand continued to grow in January, for the eighteenth consecutive month, the International Air Transport Association (IATA) reports. (IATA is the global representative body... 


AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
28th February 2025 By: Terence Creamer

Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required”... 


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Magazine round up | 28 March 2025
Magazine round up | 28 March 2025
28th March 2025

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