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Republican Presidential nominee and former US President Donald Trump takes the stage with his wife Melania, his son Eric, and his daughter-in-law Lara, following early results from the 2024 US Presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida.
Commodities under pressure on likely Trump win in US Presidential race
6th November 2024 By: Reuters

Commodities from oil to metals and grains slid on Wednesday as the dollar strengthened, with investors increasingly pricing in that Donald Trump will win the US Presidential election. Trump has... 


Kodal disagrees with Hainan statement related to MoU in Mali
5th November 2024 By: Marleny Arnoldi

Following an announcement by Hainan Mining related to the memorandum of understanding (MoU) between the Mali government, Hainan and Aim-listed Kodal Minerals’ jointly owned subsidiary Kodal... 


IDC COO Joanne Bate
Green-hydrogen secretariat being set up at IDC as single point of contact for public and private coordination
5th November 2024 By: Terence Creamer

South Africa’s Industrial Development Corporation (IDC) is in the process of setting up the institutional capacity to house the Green Hydrogen Just Energy Transition (JET) Secretariat, which is... 


A Vodacom sign outside a building
Genuine competition regulation will be bedrock for more equitable South Africa – Mavuso
4th November 2024 By: Schalk Burger

South Africa’s competition landscape is under intense scrutiny following the Competition Tribunal’s recent decision to block telecommunications firm Vodacom’s R14-billion acquisition of a... 


Passenger-car sales show signs of recovery; exports continue to plummet
Passenger-car sales show signs of recovery; exports continue to plummet
4th November 2024 By: Irma Venter

New-vehicle sales in October picked up some long-awaited momentum and increased by 5.5%, to 47 942 units, compared with the same month last year, driven by a recovery in passenger-car sales. naamsa... 


Invest Africa: Energy key to unlocking growth potential across the continent
4th November 2024

As Africa continues to rise as a leading economic force on the global stage, the energy sector is proving to be a critical driver of the continent’s growth potential. Investment in energy... 


Sino Africa Gases co-founder Sibusiso Sibisi
Sino Africa Gases established in Newcastle
1st November 2024 By: Darren Parker

The new food-grade liquid CO2 manufacturing plant of Sino Africa Gases is now officially established. The plant, located in Newcastle, KwaZulu-Natal, was funded by the National Empowerment Fund... 


Kodal, Mali govt enter MoU to finalise Bougouni transfer
1st November 2024 By: Darren Parker

Mineral exploration and development company Kodal Minerals has announced that Kodal Mining UK (KMUK), a company owned 51% by Hainan and 49% by Kodal, and the Malian government have entered into a... 


Employee at a factory in South Africa
Despite slight dip, Absa PMI in expansionary territory, indicating rebound in manufacturing
1st November 2024 By: Schalk Burger

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down to 52.6 points in October, following an upbeat closing of the third quarter at 53.3 points in September. Although this is a... 


The Durban Container Terminal
South Africa looks to Africa and China ties as global trade fences go up
1st November 2024 By: Reuters

South Africa's trade minister said his country is pursuing more robust trade and investment ties within the continent and with China - its biggest trade partner - as the global trade environment... 


Australia’s miners pay more tax than all other industries combined
Australia’s miners pay more tax than all other industries combined
1st November 2024 By: Mariaan Webb

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 


Freeport probed by SEC over quake risk at Indonesia copper plant
Freeport probed by SEC over quake risk at Indonesia copper plant
1st November 2024 By: Bloomberg

The US Securities and Exchange Commission is looking into whether Freeport-McMoRan failed to disclose threats a severe earthquake could pose to its new $3.7-billion copper smelter complex in... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


Consultant-free trade
1st November 2024 By: Riaan de Lange

Do you import goods into the Southern African Customs Union (Sacu)? Do you manufacture goods in the Sacu region? Additionally, do you import components into this region which you use in the... 


Consumers to be subsidised to buy electric vehicles – Ramaphosa
1st November 2024 By: Irma Venter

South African consumers should receive some form of subsidy to buy electric vehicles (EVs), in the nearer future, as has been the case in most major markets in the world. The subsidies are aimed at... 


Bring forward policy review, drop luxury tax on new-energy vehicles – Toyota CEO
1st November 2024 By: Irma Venter

The midterm review on the second iteration of government’s Automotive Production and Development Programme (APDP) is scheduled for 2026, but the local automotive industry wants to bring this... 


Image of underground flat mines
Okiep copper project, South Africa – update
1st November 2024 By: Sheila Barradas

Orion Minerals’ feasibility study is on track for external review in mid-November. 


IMAGE OF PRIESKA MINE UNDERGROUND
Prieska Copper Zinc Mine, South Africa – update
1st November 2024 By: Sheila Barradas

Orion Minerals has appointed Nick Fouche as project director to oversee the completion of a feasibility study for the project. 


Alastair Gerrard, Executive Energy Systems at WEG Africa
Scope for private Steam turbines to feed grid, says WEG Africa
31st October 2024

Steam turbines represent mission critical equipment for a range of industries from sugar and paper to steel and petrochemicals, but there is now greater opportunity among these sectors to generate... 


Openpit mining at Marula’s Kinusi continues according to plan
31st October 2024 By: Sabrina Jardim

Africa-focused mining and development company Marula Mining has reported that conventional openpit mining of the No 4 Pit, at its Kinusi copper mine, in Tanzania, has been ongoing, with shallow... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


An image showing Ivanhoe Mines' Kamoa Phase 3 Processing Plant Construction
Ivanhoe delivers strong third quarter, expects 2025 to be a ‘banner year’
30th October 2024 By: Tasneem Bulbulia

Canada-headquartered miner Ivanhoe Mines achieved a profit of $108-million for the third quarter ended September 30, an increase on the $67-million reported for the previous quarter. Adjusted... 


Minerals Council chief economist Hugo Pienaar
Medium-Term Budget's logistics, infrastructure focus to benefit mining, says Minerals Council
30th October 2024 By: Schalk Burger

Minerals Council South Africa says it is encouraged by the focus in the Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on October 30, on initiatives to... 


Glencore CEO Gary Nagle
Glencore remains on track to meet its full-year production guidance
30th October 2024 By: Darren Parker

Glencore’s full-year production guidance for 2024 has remained unchanged across all commodities, the company revealed at the release of a third-quarter production report on October 30. “[This]... 


World needs development rethink - Unctad
30th October 2024 By: Schalk Burger

Slow growth, high debt, weak investment and the risk of fragmented trade are contributing to widespread discontent affecting developed and developing nations. Multilateral action and a revised... 


The Role of the African Continental Free Trade Area (AfCFTA) in Africa's Energy Sector
30th October 2024

The African Continental Free Trade Area (AfCFTA) is set to play a transformative role in the development of Africa’s energy sector, providing the framework needed to enhance intra-African trade,... 


Simandou to mine first cargo by end 2025
Simandou to mine first cargo by end 2025
30th October 2024 By: Reuters

China's biggest listed steelmaker, Baoshan Iron & Steel, expects the Simandou iron ore project in Guinea to complete infrastructure construction and mine its first cargo by the end of 2025, the... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


Engie and Morocco's OCP renewables deal worth billions, says source
30th October 2024 By: Reuters

Morocco's phosphates and fertilizer giant OCP and French energy firm Engie signed a preliminary agreement on Monday for projects that could generate investments in Morocco worth up to €17-billion... 


Tormin mine operations on South Africa's West Coast
Turnaround efforts in full swing at MSR’s Tormin mine in the Western Cape
29th October 2024 By: Marleny Arnoldi

South Africa-focused Mineral Sands Resources (MSR) will, in a month’s time, publish a business rescue plan for the Tormin mine, in the Western Cape. Shareholders will then, on December 13, vote... 


Powerlines
Batting away Eskom objections, Nersa approves four new electricity traders and first private import/export licence
29th October 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has approved four new electricity trading licences, the issuance of which had been opposed by Eskom, along with the country’s first-ever... 


Left-leaning New Democratic Party to form British Columbia government after tight election win
29th October 2024 By: Reuters

 Incumbent Premier David Eby's New Democratic Party (NDP) is set to form the next government of British Columbia after edging ahead in a final tally of ballots on Monday, more than a week after the... 


Rowena Smith
Australian rare earths developer ASM eyes US defence funding
29th October 2024 By: Reuters

Rare earths developer Australian Strategic Materials (ASM) sees more funds becoming available for rare earths projects from the United States Department of Defence even if there is a change in... 


South African flag with R2 coin
TIPS highlights positive second-quarter trade, investment movements
29th October 2024 By: Marleny Arnoldi

Trade & Industry Policy Strategies (TIPS) finds in its latest Real Economy Bulletin for the second quarter of the year that GDP increased by 0.4% year-on-year, against population growth of 1.3%... 


Australia risks losing top spot in global steel supply chain, Fortescue says
Australia risks losing top spot in global steel supply chain, Fortescue says
29th October 2024 By: Reuters

Australia risks losing its dominant position in the global iron-ore market if it does not move swiftly to produce green iron, and would do well to learn lessons from the near wipe-out of its nickel... 


PFS progresses Lincoln’s aim to be Australia’s newest graphite producer
PFS progresses Lincoln’s aim to be Australia’s newest graphite producer
28th October 2024 By: Creamer Media Reporter

Explorer and developer Lincoln Minerals is moving closer to establishing a new graphite mine in Australia, following the closure of the Uley mine in South Australia in 2017. The company has... 


Walkabout secures bridge funding amid shipping delays
Walkabout secures bridge funding amid shipping delays
28th October 2024 By: Mariaan Webb

Africa-focused Walkabout Resources has announced that shipping delays caused by port congestion at Dar es Salaam are impacting the export of graphite concentrate from its Lindi Jumbo project, in... 


Ratings bias costs Africa billions of dollars, Standard CEO says
28th October 2024 By: Bloomberg

African countries face higher costs of financing because of inflated risk perceptions from credit-ratings companies, the head of the continent’s biggest bank said. A United Nations Development... 


Ford SA MD Neale Hill
Ford seeing progress in southern corridor development, albeit slow 
28th October 2024 By: Irma Venter

The automotive industry is “definitely seeing progress” in its discussions with Transnet on developing the southern rail corridor between Gauteng and Gqeberha and Coega, in the Eastern Cape, says... 


Strong call for FCEVs to be advanced as an immediate-term necessity.
Platinum association highlights advantages of quicker fuel cell electric vehicle deployment
28th October 2024 By: Martin Creamer

The International Platinum Group Metals Association (IPA) is calling on policymakers to urgently drive forward the deployment of fuel cell electric vehicles (FCEVs), alongside battery electric... 


Why Supercharging Transport and Logistics for Regional Connectivity is Vital for Africa’s Economic Growth
28th October 2024

Join us in Johannesburg for the 12th annual Transport Evolution Africa Forum & Expo from 4-6 March 2025 to be part of Africa’s journey towards an integrated, sustainable transport infrastructure.... 


Mercedes-Benz e-Sprinter vehicle
Automotive experts agree new tech is essential to stay competitive
25th October 2024 By: Marleny Arnoldi

South Africa’s manufacturing sector has an opportunity to cater for global electrification by producing more solar panels, developing battery components and venturing into more components for the... 


An image of Minerals Council South Africa chief economist Hugo Pienaar
Beneficiation should be company-driven – industry body
25th October 2024 By: Nadine Ramdass

With South Africa lacking a clear cut comparative advantage in mineral beneficiation – such as specialised expertise, abundant and affordable electricity, or a competitive manufacturing base –... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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