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Top Gauteng Achievers Shoot the lights out at Engen Maths & Science School Awards
Top Gauteng Achievers Shoot the lights out at Engen Maths & Science School Awards
19th February 2025

The Zakariyya Park Engen Maths and Science Schools (EMSS) centre has once again delivered outstanding matric results, reaffirming the programme’s commitment to academic excellence and youth... 


Mineral Resources CEO Chris Ellison
Mineral Resources sees worst day in 16 yrs on production woes, higher costs
19th February 2025 By: Reuters

Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron... 


Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
19th February 2025 By: Reuters

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 


Standard Bank Group Head of South Africa Macroeconomic Research Dr Elna Moolman
Opinion: Budget 2025 will put to the test government’s commitment to a more sustainable fiscal stance
18th February 2025

In this article, Standard Bank Group Head of South Africa Macroeconomic Research Dr Elna Moolman writes about the backdrop against which the 2025 Budget speech is being delivered and the key areas... 


People waiting on a curb for casual work opportunities
Nedbank expects modest improvement in labour market outlook as unemployment rate decreases
18th February 2025 By: Schalk Burger

Financial services provider Nedbank says it expects the labour market outlook to improve modestly going forward as structural constraints ease and cyclical forces become more favourable. Commenting... 


The Sapref refinery before it was closed
South Africa again flags mega oil refinery plan and expresses desire for regional partnership
18th February 2025 By: Terence Creamer

The South African government has reiterated its stance that South African needs a mega oil refinery despite “fundamental changes” under way globally, including the transition to electric mobility.... 


spaza shop
Tau announces fund to eliminate foodborne illnesses in township shops
18th February 2025 By: Darren Parker

A fund aimed at addressing challenges linked to foodborne illnesses, particularly in township convenience stores, has been established. This was announced by Trade, Industry and Competition... 


An image showing Sylvania Platinum's Mooinooi operation
Sylvania increases full-year guidance on the back of strong interim performance
18th February 2025 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 


Handshake
African M&A records meaningful deal value increases in 2024
18th February 2025 By: Marleny Arnoldi

Law firm Herbert Smith Freehills (HSF) finds in its latest yearly merger and acquisition (M&A) report that activity in Africa continued on a downward trend in 2024, with a further decrease on the... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


dump truck
Infrastructure slowdown in Australasia impacts on Aveng’s revenue
18th February 2025 By: Darren Parker

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 


Wits University highlights its measures to help financially hard-pressed students
18th February 2025 By: Rebecca Campbell

The University of the Witwatersrand (Wits), located in Johannesburg, on Tuesday highlighted the measures it is taking to assist its students. Funding for their studies is a pressing concern for... 


Winsome raises cash for Canada lithium project
18th February 2025 By: Creamer Media Reporter

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec.... 


IMF senior resident representative Tidiane Kinda
Economists ponder fiscal consolidation, tax increases ahead of Budget speech  
17th February 2025 By: Tasneem Bulbulia

Ahead of Finance Minister Enoch Godongwana's 2025 Budget speech, a panel of economists deliberated on the potential outcomes of the Budget, including the impact of fiscal consolidation and tax... 


DFS confirms viability of Lithium Universe's Bécancour refinery
17th February 2025 By: Mariaan Webb

ASX-listed Lithium Universe has confirmed the economic feasibility of its Bécancour lithium carbonate refinery in Québec, Canada, following the completion of a definitive feasibility study (DFS).... 


The NOA Group's 10.1 MW Eland Solar PV plant, in Welkom
NOA Group gearing up to supply wheeled electricity after securing trading licence
17th February 2025 By: Terence Creamer

The trading arm of private energy company NOA is gearing up to supply wheeled renewable electricity to multiple customers in South Africa following the National Energy Regulator of South Africa’s... 


sunflower seeds
Tribunal greenlights R101m settlement, ending years-long legal battle between commission, Willowton
17th February 2025 By: Darren Parker

The Competition Tribunal has confirmed a consent agreement between sunflower seed crusher the Willowton Group and the Competition Commission, ending prolonged litigation between the parties since... 


Chalice reports metallurgical 'breakthrough' at Gonneville
Chalice reports metallurgical 'breakthrough' at Gonneville
17th February 2025 By: Creamer Media Reporter

ASX-listed Chalice Mining has announced a metallurgical breakthrough at its Gonneville project, in Western Australia, successfully producing saleable copper and nickel concentrates from low-grade... 


Image of Enoch Godongwana
Accelerate economic reforms to drive investment, create jobs – DA urges Godongwana
17th February 2025 By: Thabi Shomolekae

The Democratic Alliance (DA) said on Monday it expects Finance Minister Enoch Godongwana, to focus his Budget on accelerating economic reforms that drive investment, create jobs, and reduce debt,... 


Minister of International Relations and Cooperation Ronald Lamola
South Africa says US has not responded to attempts to engage after Trump order
17th February 2025 By: Reuters

Minister of International Relations and Cooperation Ronald Lamola told Reuters on Monday that the United States had not responded to attempts to "formally engage" after US President Donald Trump... 


Quantum Foods egg truck
Quantum says more favourable market conditions are boosting volumes
17th February 2025 By: Marleny Arnoldi

Primary agriculture business Quantum Foods experienced favourable trading conditions across its animal feed, broiler farming and layer and egg farming businesses during the four months ended... 


Budget Speech must include incentives to boost shift to EVs – Charge
Budget Speech must include incentives to boost shift to EVs – Charge
17th February 2025 By: Irma Venter

It is crucial that Finance Minister Enoch Godongwana introduce the long-promised financial incentives in his Budget speech that will accelerate the adoption of electric vehicles (EVs), as well as... 


Rand currency
IMF says South Africa needs to reduce debt for faster growth
17th February 2025 By: Bloomberg

South Africa must take bold steps to ease a suffocating debt burden and boost economic growth, said the International Monetary Fund. “What we are recommending is a fiscal adjustment of 1% of gross... 


Handshake
CDE report unpacks practicable actions to support small business growth
17th February 2025 By: Marleny Arnoldi

Given the stagnation of the small business sector and a government riddled with deficiencies and inefficiencies, the time has come to hand the reins to the private sector and let markets shape the... 


truck loaded with building aggregates
Afrimat notes some improvement in conditions following tough first-half
17th February 2025 By: Darren Parker

JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025... 


AWSISA concerned over municipal water management failures
17th February 2025 By: Natasha Odendaal

The African Water and Sanitation Industry Association (AWSISA) on Monday raised concern over the critical state of South Africa's water sector and the failure of municipalities to manage water... 


Image of Michael Beaumont
ActionSA opposes application to overhaul political party funding
17th February 2025 By: Thabi Shomolekae

ActionSA pointed out on Monday that while it is not opposed to transparency in political party funding, it opposed My Vote Counts’ “short-sighted application”, which seeks to overhaul the Political... 


Petra Diamonds' Finsch mine
Duffy resigns as Petra CEO, interim revenue knocked by market weakness
17th February 2025 By: Marleny Arnoldi

Independent mining group Petra Diamonds, which owns and operates diamonds mines in South Africa, has appointed two interim CEOs Vivek Gadodia and Juan Kemp to succeed Richard Duffy, who has... 


Coeur completes acquisition of SilverCrest
17th February 2025 By: Creamer Media Reporter

NYSE-listed Coeur Mining said on Friday that it had completed the acquisition of SilverCrest Metals. Under the terms of the transaction, Coeur acquired all of the issued and outstanding common... 


NextSource balancing ramp up of Molo graphite mine with demand
17th February 2025 By: Mariaan Webb

Canada-listed NextSource Materials remains committed to ramping up and expanding operations at its Molo graphite mine in Madagascar, despite ongoing market challenges. The company, headed by Hanré... 


Business Leadership South Africa CEO Busi Mavuso
Budget should include mention of public debt reduction, PPPs – Mavuso
17th February 2025 By: Marleny Arnoldi

The forthcoming Budget Speech, on February 19, will be a test of the Government of National Unity’s ability to set coherent spending priorities that put the country ahead of party politics, says... 


Glencore says it rejected an approach for its DRC operations last year
Glencore says it rejected an approach for its DRC operations last year
17th February 2025 By: Reuters

Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year.... 


London Bullion Market Associaion CEO Ruth Crowell.
When informal gold mining becomes illegal, the Mr Bigs can take advantage, LBMA warns
14th February 2025 By: Martin Creamer

One of the major subjects the London Bullion Market Association (LBMA) talked to governments about at the Investing in African Mining Indaba was how to move an informal gold mining landscape to a... 


Shuka Minerals progressing Zambian project acquisition
14th February 2025 By: Tasneem Bulbulia

Aim-listed Shuka Minerals is progressing work to complete the acquisition and redevelopment of the Kabwe zinc mine, in Zambia, with a new board put in place. In a corporate and operational update... 


An image showing UPD's new pharma-compliant EVs, supplied by Everlectric
UPD, partners launch country’s pioneer solar-powered refrigerated EV fleet
14th February 2025 By: Tasneem Bulbulia

Retailer Clicks Group and its pharmaceutical wholesaler United Pharmaceutical Distributors (UPD) have partnered with electric vehicles (EVs) lessor Everlectric and sustainable finance solutions... 


Türkiye exit, SA vehicle production slump to hit Metair earnings
Türkiye exit, SA vehicle production slump to hit Metair earnings
14th February 2025 By: Irma Venter

Manufacturer, distributor and retailer of automotive components, Metair, says its exit from the Turkish market and a slump in local vehicle production will have a significant impact on its 2024... 


China's BYD holds mining rights in Brazil's Lithium Valley, documents show
14th February 2025 By: Reuters

Chinese electric carmaker BYDacquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according... 


Image of Dan Marokane
Eskom working to end years of governance failings, CEO and chairperson assure
14th February 2025 By: Thabi Shomolekae

Eskom CEO Dan Marokane assures that the State-owned utility is applying the same effort to end years of governance and accountability failings, as it did to end loadshedding. This came amid the... 


Rio Tinto clears regulatory hurdles for $6.7bn Arcadium lithium acquisition
Rio Tinto clears regulatory hurdles for $6.7bn Arcadium lithium acquisition
14th February 2025 By: Mariaan Webb

Global mining major Rio Tinto has secured all necessary regulatory approvals to proceed with its $6.7-billion acquisition of Arcadium Lithium, paving the way for the transaction to close in early... 


Digital transformation needed to overcome SA'S construction challenges
Digital transformation needed to overcome SA'S construction challenges
14th February 2025

While it may be too early to gauge whether President Cyril Ramaphosa’s promise to transform South Africa into a construction site is becoming a reality, the industry continues to face several... 


electricity pylons at sunset
Mashava assures that City Power is reviewing yearly tariffs
14th February 2025 By: Darren Parker

Johannesburg electricity utility City Power CEO Tshifularo Mashava has assured business customers in the city that the entity is working on reviewing the yearly electricity tariffs to cushion... 


Perpetua starts detailed engineering as it moves Stibnite towards investment decision
Perpetua starts detailed engineering as it moves Stibnite towards investment decision
14th February 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua is advancing its Stibnite gold project in Idaho, announcing on Thursday the start of detailed engineering and a procurement contract with Idaho Power for powerline... 


Keno Hill in Yukon
Hecla maintains stable silver output forecast despite Keno Hill headwinds
14th February 2025 By: Mariaan Webb

US-based silver miner Hecla Mining is forecasting strong production levels across its portfolio in 2025, with consolidated silver output expected to range between 15.5-million and 17-million... 


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