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Qld resources sector delivers record A$120.2bn economic contribution
Qld resources sector delivers record A$120.2bn economic contribution
22nd November 2024 By: Creamer Media Reporter

The resources sector in Queensland has achieved a record economic contribution of A$120.2-billion for the 2023/24 financial year, according to the latest Queensland Resources Council (QRC)... 


SQM partners with Australian junior on new lithium discovery
SQM partners with Australian junior on new lithium discovery
22nd November 2024 By: Mariaan Webb

Australian junior iTech Minerals has secured a partnership with Chilean lithium giant SQM to develop its newly discovered Reynolds Range lithium project in the Northern Territory. The partnership... 


M&R's head office
M&R voluntarily suspends trading in its shares as it places division in business rescue
22nd November 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has voluntarily requested a halt in the trading of its shares after announcing that its M&R Limited division and the division’s subsidiary OptiPower have been... 


The Kelvin power station
PE firm Harith buys African infrastructure fund for R6.5bn
22nd November 2024 By: Bloomberg

A group of investors led by South African private equity firm Harith General Partners agreed to buy out an infrastructure fund with stakes in assets including Lanseria International Airport and... 


Reunert reports year-end financial improvement
22nd November 2024 By: Natasha Odendaal

JSE-listed Reunert has reported growth in its earnings for the year ended September 30, despite a challenging macroeconomic environment in South Africa. The group’s headline earnings a share... 


Tailings streaming agreement concludes after 16 years
22nd November 2024

Last month, Harmony Gold Mining Company concluded the final delivery to the streaming agreement between gold-focused royalty and streaming company Franco-Nevada and its tailings retreatment... 


MASSIVE SOLAR
DRDGOLD's 60 MW solar PV power plant seen in the background of its Ergo tailings reprocessing plant
Solar plant, battery storage enhance sustainability in tailings
22nd November 2024

In an effort to reduce its reliance on grid power and improve sustainability metrics, gold mining company DRDGOLD has completed a 60 MW solar PV power plant at its Ergo tailings reprocessing plant,... 


Various types of steel in different configurations on racks
Group against scrapping scrap export tax
22nd November 2024

The electric steel producers of South Africa are calling on government to keep the export tax on scrap steel in place as it helps ensure the viability of greener domestic steel production by... 


Vodacom, Circular Energy tackle ewaste in SA
22nd November 2024 By: Natasha Odendaal

Telecommunications company Vodacom South Africa and not-for-profit producer responsibility organisation Circular Energy have partnered to divert growing volumes of electronic waste (ewaste) from... 


Trump 2.0 and Africaʼs fate
22nd November 2024 By: Martin Zhuwakinyu

Among the first to tweet (or should we now say to “X”?) their congratulations to Donald Trump following his victory over Kamala Harris in this month’s US elections were African leaders such as... 


R7bn second-phase MyCiTi roll-out 50% complete, features SA’s first-ever sky circle
22nd November 2024 By: Irma Venter

The R7-billion roll-out of the second phase of Cape Town’s MyCiTi bus service, linking Khayelitsha, Mitchells Plain and other communities across the metro south-east corridor, is 50% complete, says... 


Mining industry vows to ‘push back strongly’ against Eskom tariff hikes
22nd November 2024 By: Irma Venter

South Africa’s mining industry will “certainly push back strongly” against Eskom’s proposed tariff hikes, says Minerals Council South Africa chief economist Hugo Pienaar. If granted, Eskom’s... 


Chromium secures increased share of SA mining revenue
22nd November 2024 By: Irma Venter

Chromium accounted for 8% of South Africa’s mining revenue in June 2024, says PWC South Africa lead economist: macroanalysis Dr Christie Viljoen, up from 5% in 2023. Quoting Statistics South Africa... 


Photo of Terence Creamer
Far-reaching consequences
22nd November 2024 By: Terence Creamer

By the time you read this, the National Energy Regulator of South Africa (Nersa) will be about halfway through its nationwide public hearings into Eskom’s sixth multiyear price determination... 


Image of copper nugget
Eva copper mine project, Australia
22nd November 2024 By: Sheila Barradas

The Eva mine has been declared a ‘prescribed project’. 


Image of battery energy facility
Battery Energy Storage Independent Power Procurement Programme – Bid Window 1, South Africa – update
22nd November 2024 By: Sheila Barradas

Two more battery energy storage system projects selected as preferred bids under Bid Window 1 have achieved commercial close. 


Aerial view of the Kachi project
Kachi lithium brine project, Argentina – update
22nd November 2024 By: Sheila Barradas

Lake Resources has announced a sale agreement to sell three of its lithium brine assets as the company shifts its attention to advancing Kachi. 


Graphite from the Orom-Cross project
Orom-Cross graphite project, Uganda – update
22nd November 2024 By: Sheila Barradas

Blencowe Resources aims to complete the definitive feasibility study next year. 


Location map of the Youanmi project
Youanmi gold project, Australia – update
22nd November 2024 By: Sheila Barradas

Rox Resources has announced strong investor support for a capital raise. 


Image of the Höegh Aurora at the Port of Durban
World’s largest car-carrier calls at Durban, PE ports; vessel super-sizing to continue
21st November 2024 By: Irma Venter

The Höegh Aurora, the world’s newly crowned largest car carrier, has called at both the Durban and Port Elizabeth ports this month as she makes her way around the world. The Aurora started... 


An image showing the Self-Employed Material Recycler Training Programme
Plastics SA launches informal recycler training programme
21st November 2024 By: Tasneem Bulbulia

Industry organisation Plastics SA has launched a pioneering Self-Employed Material Recycler Training Programme, aimed at empowering South Africa's waste pickers. Last year, 50 000 South Africans... 


South African companies increasingly aware of cybersecurity, mitigating against risks
21st November 2024 By: Schalk Burger

Assurance, advisory and tax services company PwC’s 'Global Digital Trust Insights Survey 2025: South Africa' report shows that 66% of South African organisations prioritise mitigating cyber-risks,... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


CSIR
CSIR reports record earnings but concerned about declining parliamentary grants
21st November 2024

The Council for Scientific and Industrial Research (CSIR) maintained a positive net margin for the 2023/24 financial year, exceeding R3-billion in revenue for the first time.  


R5 coin
Govt acknowledges challenges despite easing of inflation
21st November 2024 By: Thabi Shomolekae

Government on Thursday said the significant easing of consumer price inflation provided relief for households and businesses by lowering transport and input costs, helping to support overall... 


Testwork on Kasiya graphite yields encouraging results
21st November 2024 By: Darren Parker

ASX-, Aim-, and OTCQX-listed Sovereign Metals has reported encouraging initial results from traditional market downstream testwork conducted by independent consultancy ProGraphite, in Germany. The... 


Wits Research and Innovation deputy vice-chancellor Professor Lynn Morris
Wits MIND to collaborate with industry on fundamental AI research
21st November 2024 By: Schalk Burger

The University of the Witwatersrand (Wits) opened a new AI research hub called the Wits Machine Intelligence and Neural Discovery (MIND) Institute on November 19. The institute will focus on... 


Capital appoints Graeme Dacomb independent nonexec director
21st November 2024 By: Tasneem Bulbulia

London-listed mining services company Capital has appointed Graeme Dacomb as an independent nonexecutive director, effective from December. Dacomb, who is based in London, will join the company’s... 


Tiger Brands to sell Baby Wellbeing business, excluding Purity
20th November 2024 By: Reuters

South Africa's biggest food producer Tiger Brands said on Wednesday it will sell its Baby Wellbeing business for R605-million, but will exclude its Purity brand, which it described as a core asset.... 


The Bombardier Global 7500 aircraft
VistaJet unveils 18th Global 7500 ultralong-range jet in fleet
20th November 2024 By: Schalk Burger

Private aviation services provider VistaJet has unveiled the eighteenth Bombardier Global 7500 ultralong-range business jet added to its fleet of 240 aircraft. The aircraft can do 17 hours of... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa again moots policy interventions to provide relief from Eskom hike
20th November 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa, who is Eskom’s shareholder Minister, has reiterated his opposition to the utility receiving a 36.15% tariff hike next year, while also... 


SANSA CEO Humbulani Mudau
Govt progresses consultation on National Communication Satellite Strategy
20th November 2024 By: Marleny Arnoldi

The departments of Communications and Digital Technologies (DCDT) and Science, Technology and Innovation (DSTI), together with their entities, signal distribution company Sentech and the South... 


Scopa views the Defence Department as being in a 'crisis of accountability and funding'
20th November 2024 By: Rebecca Campbell

Parliament’s Standing Committee on Public Accounts (Scopa) has expressed concern about the record of the Department of Defence (DoD) and the Department of Military Veterans, regarding their... 


major road interchange
Namibia has best roads in sub-Saharan Africa, with South Africa scoring on par with Rwanda, Mauritius
20th November 2024 By: Darren Parker

According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road... 


Potash ore
Kore signs final fixed-price EPC contract for its Kola project
20th November 2024 By: Chanel de Bruyn

Potash development company Kore Potash, which owns 97% of the Kola and DX projects in Congo-Brazzaville, has signed a final engineering, procurement and construction (EPC) contract with PowerChina... 


Canadian regulator orders halt to Sunshine Oilsands operations
20th November 2024 By: Reuters

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 


Communications and Digital Technologies Minister Solly Malatsi
Uncertainty emerges over looming deadline for analogue switch off
20th November 2024 By: Natasha Odendaal

As the gazetted date of December 31 draws closer for the years-delayed switch-off of the analogue broadcasting signals, the Department of Communications and Digital Technologies (DCDT) warns of the... 


Water dripping from a tap
Treasury to suspend municipal funds over water debt
20th November 2024 By: Bloomberg

South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local governments to pay for basic services. The... 


Aurora turns its focus to Australia as it options Oregon project
19th November 2024 By: Creamer Media Reporter

Australia’s Aurora Energy Metals is shifting its focus to a local jurisdiction with an option agreement to put its namesake project in Oregon into a US domiciled company, while broadening its asset... 


Graphite in containers
Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape
19th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


Australian pension group rejects Mineral Resources pay proposal
19th November 2024 By: Bloomberg

A group representing Australia’s A$3.9-trillion ($2.5-trillion) pension industry has recommended its members vote against the remuneration plan of scandal-hit Mineral Resources at the company’s... 


Fintech, partners offer WhatsApp solution to improve access to banking services
19th November 2024 By: Schalk Burger

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 


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