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Forestry, Fisheries and the Environment Minister Dion George
South Africa says China could assume climate lead if US exits
15th November 2024 By: Bloomberg

China has an opportunity to lead the global fight against climate change with the US set to tamp down its commitments following the election of Donald Trump as president, South Africa’s environment... 


Dean Macpherson
Public Works to blacklist ‘criminal’ contractors as delayed projects reach R3-billion
15th November 2024 By: Irma Venter

Out of the 206 infrastructure projects overseen by the Department of Public Works and Infrastructure (DPWI) this financial year, 164 projects are experiencing delays, says Public Works and... 


The Duvha power station in Mpumalanga
South Africa's revised carbon tax to be harsher but with more offsets, Treasury says
15th November 2024 By: Reuters

South Africa's revised carbon tax aims to balance the rival demands of climate activists and polluters by lowering tax-free allowances while letting companies make greater use of offsets, the... 


Image of solar panels
Renewable-energy solution for South African businesses
15th November 2024

FNB in collaboration with strategic partners says it has designed a solution to help businesses address the growing demand for affordable, reliable, and sustainable energy solutions. FNB Energy... 


Provinces increase their expenditure by nearly 5% in the second quarter
15th November 2024 By: Schalk Burger

National Treasury has revealed that South Africa's provinces spent 50.6%, or R384.9-billion, of the allocated main budget of R760.1-billion in the second quarter of the 2024/25 financial year,... 


TotalEnergies, bp, Equinor and Shell to invest $500m to improve energy access in Africa, Asia
15th November 2024 By: Schalk Burger

Oil, gas and energy multinational companies TotalEnergies, bp, Equinor and Shell have made a $500-million joint investment commitment to create positive energy access impact for people in key... 


Minister of Higher Education and Training Dr Nobuhle Nkabane
Higher Education Minister to undertake working visit to China to strengthen TVET cooperation
15th November 2024

Minister of Higher Education and Training Dr Nobuhle Nkabane is set to lead a high-level South African delegation on a working visit to China between November 15 and 26, as part of efforts to... 


Cyclone brings Vale on board for Canada iron-ore project
Cyclone brings Vale on board for Canada iron-ore project
15th November 2024 By: Creamer Media Reporter

ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a... 


France's Orano warns of financial problems at Niger uranium plant Somair
15th November 2024 By: Reuters

French nuclear fuels company Orano warned on Friday of a "deteriorating financial situation" at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures... 


Hastings' Yangibana project
Wyloo wants Hastings to explain debt repayments
15th November 2024 By: Mariaan Webb

Andrew Forrest’s Wyloo Metals has requested that the board of rare earths developer Hastings Technology Metals explain how it intends to repay its debt to the company and to clarify its position... 


South African Reserve Bank logo
South African Reserve Bank to cut rates 25bps to 7.75% on Nov 21 – Reuters poll
15th November 2024 By: Reuters

The South African Reserve Bank will cut its repo rate next week as slowing inflation continues to make way for a series of cuts through the middle of next year, spurring growth to almost 2%, a... 


Image of the Langer Heinrich mine
Langer Heinrich uranium restart project, Namibia – update
15th November 2024 By: Sheila Barradas

Paladin Energy has revised downwards its production forecast for the Langer Heinrich mine. 


Image of the Kayelekera operations
Kayelekera uranium restart project, Malawi – update
15th November 2024 By: Sheila Barradas

Lotus Resources is fully funded to restart production. 


Image of solar panel system
Harmony Gold renewable-energy programme, South Africa – update
15th November 2024 By: Sheila Barradas

Construction of the Moab Khotsong solar PV will start before the end of 2024. 


Image of copper ore
Eva copper mine project, Australia – update
15th November 2024 By: Sheila Barradas

Harmony Gold Mining Company is in the final stages of the feasibility study update for the project. 


Image of Australia flag and periodic table symbol for lithium and tantalum
Kathleen Valley lithium/tantalum project, Australia – update
15th November 2024 By: Sheila Barradas

Liontown Resources has scaled back its production plans for the flagship Kathleen Valley lithium project. 


Image of the Mponeng mine
Mponeng extension and deepening project, South Africa – update
15th November 2024 By: Sheila Barradas

The project is progressing well. 


Image of road construction
Southern region road infrastructure build programme, South Africa
15th November 2024 By: Sheila Barradas

The South African National Roads Agency Limited has awarded 12 road infrastructure contracts since the beginning of the 2024/25 financial year. 


Tough going
15th November 2024 By: Riaan de Lange

"When the going gets tough, the tough get going,” as Billy Ocean reminds us in his 1986 hit. But, as we listen to those words, one can’t help but wonder: Tough for whom? Is it for you, for me, for... 


An image of Michael Fridjhon
Industry well placed to capitalise on international demand
15th November 2024 By: Lumkile Nkomfe

Despite the improved performance of the rand, wine festival Standard Bank WineX founder Michael Fridjhon highlights that the South African wine market has increasingly become an exciting and... 


Automotive Industry Transformation Fund distributes R596m to 67 companies
15th November 2024 By: Irma Venter

The Automotive Industry Transformation Fund (AITF) has since its inception in 2020 invested R596-million in 67 companies across the automotive value chain, says  CEO Jabu Selumane. “Our goal is to... 


freight train at railway crossing
Level crossing incidents not only cost lives but also the economy, TFR CEO says
14th November 2024 By: Darren Parker

Railway safety incidents, such as pedestrian and vehicle collisions at level crossings, are not only tragic but are severely undermining South Africa’s rail recovery plans, Transnet Freight Rail... 


MTN logo
MTN earns higher revenue from data, fintech growth in the third quarter
14th November 2024 By: Schalk Burger

Mobile network operator MTN achieved a 12.9% increase in group revenue in constant currency terms, with data revenue having increased by 21.3% and financial technology (fintech) revenue by 28.9%... 


Euro Manganese CEO resigns
14th November 2024 By: Creamer Media Reporter

TSX-V and ASX-listed Euro Manganese has appointed CFO Martina Blahova as its interim CEO to replace Matthew James, who had resigned from the company. The board will conduct a search for a new CEO. 


Roger Baxter and Johan Odendaal.
South Africa back on investor radar screen, Roger Baxter reports
14th November 2024 By: Martin Creamer

People are sitting up and taking notice of South Africa being very much back on the investment radar screen, Southern Palladium executive chairperson Roger Baxter said on Thursday. This follows the... 


Independent Power Producer Office head Bernard Magoro
IPP Office confirms ongoing dispute with 13 projects over payment of bid bonds
14th November 2024 By: Terence Creamer

The head of South Africa’s Independent Power Producer Office (IPPO) has confirmed that it has called the bid bonds for 14 projects that failed to advance to commercial close during the fifth bid... 


Civil society points to procedural missteps in govt’s decision on exploration right for oil, gas
Civil society points to procedural missteps in govt’s decision on exploration right for oil, gas
14th November 2024 By: Thabi Shomolekae

Non-profit organisation Natural Justice expressed optimism that the courts will see the flaws in government’s decision-making process on exploration rights for oil and gas and rule in favour of... 


Lexington Gold, Gold One Africa mull cooperation at their South African projects
14th November 2024 By: Tasneem Bulbulia

Aim-listed Lexington Gold and its broad-based black economic empowerment partner Letsema have entered into an intention to cooperate agreement with Gold One Africa, which will see the parties seek... 


Hudbay says copper and gold diversification drives strong Q3 performance
Hudbay says copper and gold diversification drives strong Q3 performance
14th November 2024 By: Mariaan Webb

Canadian miner Hudbay Minerals delivered strong operating and financial results in the third quarter, with record gold production in Manitoba and robust cost controls across the business, says CEO... 


BHP's Spence mine
BHP set to detail copper growth plans on Chile roadshow, analysts say
14th November 2024 By: Reuters

BHP Group is likely to flesh out plans next week to spend at least $7-billion over the coming years to recover more metal from the world's biggest copper mine, Escondida in Chile, investors and... 


John Deere image
Empowering SA’s mining industry: How John Deere Financial can help companies stay competitive
14th November 2024

The South African mining sector continues to play a critical role in the economy, but it faces significant challenges. While the country remains a global leader, mining companies need to grapple... 


Bertus Bierman
Public-private collaboration needed to tackle South Africa’s infrastructure challenges
14th November 2024

By Bertus Bierman South Africa faces immense challenges in developing and maintaining the infrastructure it needs to support social and economic growth. From water shortages to the energy crisis,... 


An image of Emira CEO Geoff Jennet
Emira’s reshaped portfolio supports strong interim performance
13th November 2024 By: Tasneem Bulbulia

JSE-listed Emira Property Fund achieved a positive performance for the six months ended September 30, owing to strengthening operational metrics, active asset recycling and strategic deal-making,... 


Dipula CEO Izak Petersen
Dipula records 4% increase in property portfolio value for 2024
13th November 2024 By: Darren Parker

JSE-listed real estate investment trust (Reit) Dipula Income Fund’s property portfolio has increased by 4% in value to R10.2-billion in the financial year ended August 31, contributing to a 5% rise... 


Sustained investment in transport infrastructure to drive growth and competitiveness – SAICE
13th November 2024 By: Schalk Burger

Given South Africa's significant infrastructure challenges, sustained investment in transport infrastructure is critical to drive economic growth and improve the quality of life for citizens, says... 


Tirupati in talks for further trade finance
13th November 2024 By: Creamer Media Reporter

Specialist graphite producer Tirupati Graphite, which is listed on the LSE and has assets in Mozambique and Madagascar, has secured about $225 000 in trade finance from the Middle Eastern Sovereign... 


MinRes shuts Bald Hill lithium mine amid market slowdown
MinRes shuts Bald Hill lithium mine amid market slowdown
13th November 2024 By: Mariaan Webb

Australian miner Mineral Resources (MinRes) has announced the temporary closure of its Bald Hill lithium mine near Kambalda, Western Australia, as the global lithium market continues to face a... 


A rendering of Teraco's JB5 and JB7 data centres
Teraco to build 40 MW JB7 data centre at Isando Campus
13th November 2024 By: Schalk Burger

Data centre and information and communication technology (ICT) infrastructure company Teraco has started building a new 40 MW hyperscale data centre at its Isando Campus in Ekurhuleni, Gauteng. The... 


Tiger Brands driving efficiencies, growth in bakery portfolio
Tiger Brands driving efficiencies, growth in bakery portfolio
13th November 2024

Tiger Brands last month hosted a tour of its Albany Belville bakery in the Western Cape to discuss the group’s progress in a bakery restoration initiative it launched in March, as well as its... 


Richard Young
New i-80 Gold CEO unveils fresh development plan, strategic direction
13th November 2024 By: Mariaan Webb

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 


Lake Resources if focusing on the Kachi project
Lake Resources sells noncore assets to focus on Kachi
13th November 2024 By: Mariaan Webb

ASX-listed Lake Resources on Wednesday announced a sale agreement with Austroid to sell three of its lithium brine assets in Argentina for $9-million. The assets, including tenements at Paso de... 


Economic transactions see modest rebound in October after weak September
13th November 2024 By: Schalk Burger

Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) showed a steady recovery in October, up 0.3% to 136.5, following September’s weaker performance of... 


Southern CEO says extending coal among options to meet AI demand
13th November 2024 By: Bloomberg

The booming demand for electricity from data centers and new factories requires an “all of the above” energy strategy that opens up the possibility of Southern Co. extending the retirement date of... 


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

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