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Record interim free cash flow generation and the highest-ever interim dividend payout was declared on Tuesday by Harmony Gold Mining Company. The gold price has continued to rally since the...
Toronto’s claim as the world’s top mining hub is under threat as exploration companies leave Canada and listings dwindle on the nation’s resource-heavy stock exchange. Canada’s once-thriving...
Local stock exchange, the JSE, reported an increase in net profit after tax of 10.4% to R918-million for its 2024 financial year, with a return on equity of 20.2%, up from 19.4% in the prior year....
Investment firm Mineworkers Investment Company (MIC) has announced that Mary Bomela has stepped down as CEO at the end of February following 15 years of involvement with the organisation. The...
London-listed Blencowe Resources has received a formal expression of interest (EoI) from multilateral finance institution the African Finance Corporation (AFC) regarding potential participation in...
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...
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...
JSE-listed cement and construction materials company PPC says its turnaround plan continues to yield positive benefits as evidenced in the company’s performance for the ten months ended January 31....
With South Africa’s goat industry being largely based in the informal sector, stakeholders such as the Agricultural Research Council (ARC) are increasing efforts to commercialise the goat meat...
Following a rigorous vetting process, Babcock’s Bartlett (Gauteng) and Middelburg (Mpumalanga) branches have been officially accredited as Volvo Certified Rebuild Centres. The latest service...
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)...
The Parliamentary Standing Committee on Public Accounts (Scopa) says it supports efforts by State-owned power utility Eskom and the national government to resolve the growing municipal debt that...
ASX-listed Rumble Resources is making progress advancing its Western Queen gold project in Western Australia, entering into an indicative non-binding term sheet with Bain Global Resources (Bain)...
A new World Bank report argues that South Africa can raise growth and employment by pursuing four priorities aimed primarily at stimulating market competition and bolstering the efficiency of...
ASX-listed Jupiter Mines has declared a dividend of $0.75 c apiece for the six months ended December 31. Despite a volatile market environment in the first half of the 2025 financial year, the...
State-owned asset management firm the Public Investment Corporation (PIC), which is a 21.97% shareholder in industrial equipment and services company Barloworld, has confirmed that it voted against...
African insurance services provider African Risk Capacity and development finance institution the International Finance Corporation (IFC) have signed a letter of engagement to strengthen...
Real estate company Fortress Real Estate Investments achieved a solid performance for the six months ended December 31, with distributable earnings a share of 76.15c, a 29.8% increase on the...
The fourth quarter 2024 TransUnion South Africa Vehicle Pricing Index (VPI) report indicates a continued shift towards used vehicles in the South African automotive market, with financing for...
For the second consecutive quarter, the African National Congress declared the most donations, more than R12-million, with the Independent Electoral Commission Political Funding’s Third Quarter...
Russia's sanctions-hit diamond producer Alrosa on Friday reported a 77.3% fall in 2024 net profit year-on-year to 19.3-billion roubles ($219.32-million) on revenue of 239.1-billion roubles. Group...
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....
Development finance institution (DFI) the African Development Bank (AfDB) Group has signed an agreement to become an implementing entity of the pandemic prevention and preparedness partnership...
Multilateral development finance institution the European Investment Bank (EIB) will invest $52.48-million in multilateral financial institution the Africa Finance Corporation's (AFC's)...
Chrome miner and ferrochrome producer Merafe Resources expects to report a 19% to 39% decrease in headline earnings per share (HEPS) to between 36.9c and 48.9c for the year ended December 31,...
In 2021, at COP26 in Glasgow, the International Partners Group (France, Germany, the UK, the US and the European Union, along with Denmark and the Netherlands) initially pledged $8.97-billion to...
South Africa voiced dismay on Thursday that Group of 20 talks it hosted on global economic issues ended without consensus, after top officials from several countries skipped it and delegates...
A critical minerals deal Donald Trump has negotiated with Ukraine could ease tensions between Kyiv and the US President and at the same time win back support from his Republicans in Congress for a...
In an increasingly interconnected and environmentally conscious world, carbon neutrality has emerged as more than just a moral imperative; it is now a competitive advantage. For South Africa’s...
Trade showcase Propak Africa will reveal groundbreaking innovations across packaging, printing, plastics, food processing and labelling to enable attendees to stay ahead in an ever-changing market,...
Despite artisanal and small-scale gold mining (ASGM) increasing significantly across Africa, spurred on by rising gold prices, much of that activity remains informal, limiting its economic...
The potential closure of South Africa’s leading steel manufacturer ArcelorMittal’s long-steel plants in Vereeniging, Gauteng, and Newcastle, KwaZulu-Natal, could not only jeopardise the livelihoods...
The gold price continues to grab financial headlines, having set several records this year and also retreating as the news flow either amplified or decreased policy uncertainty. Amid the noise,...
Founded in 2011, SolarAfrica provides a suite of capital expenditure-free green energy solutions to the commercial and industrial sectors in Southern Africa. The holistic suite includes on-site...
Gold reserve developer Predictive Discovery Limited's latest drilling results from the Argo area of the project have confirmed the area's potential for further exploration.
Africa-focused uranium company GoviEx Uranium has taken the first step in securing project financing.
South Harz Potash has raised A$500 000 through the issue of 50-million fully paid ordinary shares to advance its Ohmgebirge potash project.
Mining firm Gold Fields has reported that it is focusing on obtaining the required environmental approvals.
Precious and base metals explorer, developer and producer West Wits Mining has agreed to a credit-approved term sheet for a senior debt syndicated loan facility to provide senior funding for the...
Metals and mining group Wyloo has entered into exclusive negotiations with rare earths developer Hastings Technology Metals to establish an unincorporated joint venture for the project.
A definitive feasibility study has confirmed Kobada as a significant gold development asset underpinned by its large-scale, free-dig and open-pittable oxide resource.
The project aims to unlock an estimated $1.3-trillion in mineral resources.
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