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Location map of the Kobada project
Kobada gold project, Mali – update
4th April 2025 By: Sheila Barradas

Africa-focused gold developer Toubani Resources has announced an agreement with the Mali government to develop the project. 


Magazine Cover Image
SABS investigation continues amid unsettling allegations of mismanagement
4th April 2025 By: Darren Parker

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 


copper ore
Strategic Minerals posts solid sales growth in the March quarter
3rd April 2025 By: Marleny Arnoldi

Aim-listed Strategic Minerals recorded 38% year-on-year growth in sales volumes from the Cobre magnetite mine, in New Mexico, during the quarter ended March 31. The 17 162 t of magnetite sold in... 


An image of the IFC logo
Raxio secures $100m from IFC to develop sub-Saharan African data centres
3rd April 2025 By: Tasneem Bulbulia

financing from World Bank Group member the International Finance Corporation (IFC). The funding will accelerate Raxio’s expansion of facilities powering technologies like AI, cloud computing and... 


GSMA elects MTN’s Mupita as new deputy chair
3rd April 2025 By: Creamer Media Reporter

South African telecommunications giant MTN Group president and CEO Ralph Mupita has been elected as GSMA deputy chairperson, serving until the end of 2026. Mupita will support GSMA chairperson... 


GNU Leaders
South Africa’s coalition teeters as Budget shows widening rift
3rd April 2025 By: Bloomberg

South Africa’s ruling coalition risks unravelling after a dispute between its main members over proposed tax increases deepened, pummelling the rand. Tensions within the alliance were already... 


CLM Africa ‘beefing up’ DAF fleet
CLM Africa ‘beefing up’ DAF fleet
3rd April 2025

Having first switched to DAF Trucks in 2024, Commodity Logistix Managers Africa (CLM Africa) is in the process of ‘beefing up’ its rapidly growing side tipper fleet with a further ten DAF units.... 


Gold bars
Oil, copper slide as Trump tariffs rattle markets; gold hits record high
3rd April 2025 By: Reuters

Commodities including oil, copper and agricultural products fell on Thursday as US President Donald Trump's aggressive tariffs on key trading partners fuelled fears of a global recession, while... 


US President Donald Trump
Markets reel as US tariffs stoke fear of 'spiral of doom' for growth
2nd April 2025 By: Reuters

President Donald Trump's new tariffs sent shockwaves through markets on Thursday, with the dollar and US stocks among the hardest hit on fears a broadening trade war will spur recession in a... 


MVV copper and gold mine, in Brazil
Appian sells greenfields built-up MVV copper mine to Chinese group
2nd April 2025 By: Marleny Arnoldi

Investment adviser to private capital funds Appian Capital Advisory has successfully sold the Mineração Vale Verde (MVV) mine, in Brazil, to Baiyin Nonferrous Group, in China, for $420-million.... 


Preference Capital secures R450m funding to drive SME Growth
2nd April 2025 By: Schalk Burger

Small and medium-sized enterprises financial services provider Preference Capital Group has secured R450-million in capital from diversified financial services management firm Rand Merchant Bank... 


Great Boulder Resources signs MoU with Monument Mining
2nd April 2025 By: Sabrina Jardim

ASX-listed Great Boulder Resources (GBR) has signed a memorandum of understanding (MoU) with TSX-V-listed Monument Mining for collaboration to potentially process ore from GBR’s Side Well gold... 


Coega, in Nelson Mandela Bay
Experimental SEZ exempt from strict labour laws can demonstrate mass employment model – CDE
2nd April 2025 By: Marleny Arnoldi

In a society with catastrophic levels of unemployment, special economic zones (SEZs) could move South Africa beyond its current economic paralysis, says independent policy analysis and advocacy... 


FNB AgencyPlus sign outside township store
New FNB AgencyPlus service to bring banking services to townships through agent stores
2nd April 2025 By: Darren Parker

Financial services provider FNB has launched a new service, FNB AgencyPlus, to expand access to basic banking services and cash in close proximity to both unbanked and underbanked individuals in... 


South Africa’s telecommunications sector grows amid fibre, network coverage
2nd April 2025 By: Natasha Odendaal

South Africa’s telecommunications experienced growth in 2024, driven by a surge in fibre subscriptions, heightened engagement on social media platforms and substantial advancements in network... 


Forestry, Fisheries and the Environment Minister Dr Dion George
George calls on Eskom to permanently waive solar panel registration fee
2nd April 2025 By: Sabrina Jardim

Forestry, Fisheries and the Environment Minister Dr Dion George has welcomed State-owned utility Eskom’s ongoing commitment, reaffirmed on April 1, to waive registration fees and provide free smart... 


How Rental Partners Improve Mining Dewatering Agility
How Rental Partners Improve Mining Dewatering Agility
2nd April 2025

Most mines operate permanent dewatering infrastructure to safeguard operations and safety. Yet, as mines dig deeper and wider for high-quality minerals, contend with extreme weather shifts, and... 


Rand Refinery deepens commitment to the community through holistic educational support
Rand Refinery deepens commitment to the community through holistic educational support
2nd April 2025

Rand Refinery, one of the world’s leading gold and silver refiners and an operator of one of the continent’s largest low-grade gold recovery smelters, is reaffirming its unwavering commitment to... 


Seacom appoints two senior executives
2nd April 2025 By: Natasha Odendaal

Digital infrastructure and digital services provider Seacom has appointed Mandisa Ntloko-Petersen as the new group chief marketing officer and Charl Slabbert as group CFO, effective April 1. The... 


How a local and international collaborative effort aims to increase water supply and improve water quality in Buffalo City
How a local and international collaborative effort aims to increase water supply and improve water quality in Buffalo City
2nd April 2025

A comprehensive pre-feasibility study is underway to enhance the water supply system for the residents of Buffalo City, East London, aimed at improving their water quality. Spearheaded by the... 


Babcock delivers 30 DAF Trucks to Tanzania’s Usangu Logistics
Babcock delivers 30 DAF Trucks to Tanzania’s Usangu Logistics
2nd April 2025

When Dutch Health sought a fleet of trucks for its Tanzanian client, one key requirement was a strong Dutch connection. Traditionally a provider of medical equipment and healthcare solutions, Dutch... 


US President Donald Trump
Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
2nd April 2025 By: Reuters

US President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely... 


Silver bars
Trade war saps Canadian share-sale market despite metals deals
1st April 2025 By: Bloomberg

Volatility from trade tensions with the US kept a lid on Canada’s market for equity deals in the first quarter, even as activity in precious metals perked up. Canada-listed firms raised just... 


The Cobre Panama mine
First Quantum shares rise after company drops arbitration against Panama
1st April 2025 By: Reuters

First Quantum Minerals' shares rose by as much as 3% on the Toronto Stock Exchange early on Tuesday after the company said it had discontinued arbitration proceedings against the Panama government.... 


Sars Commissioner Edward Kieswetter
Sars collects R1.86tr during year to end March
1st April 2025 By: Schalk Burger

Tax authority the South African Revenue Service (Sars) collected a net amount of R1.86-trillion during the fiscal year to end March 2025, and which is R8.8-billion higher than the revised estimate,... 


Infrastructure maintenance just as critical as new infrastructure delivery, Ngoma says
1st April 2025 By: Darren Parker

While “turning South Africa into a construction site” is a noble goal, Auditor-General of South Africa national executive head of audit Bongi Ngoma has questioned Public Works and Infrastructure... 


IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
1st April 2025 By: Terence Creamer

Steel group ArcelorMittal South Africa (AMSA) has confirmed that the Industrial Development Corporation (IDC) is considering taking a larger equity stake in the JSE-listed group and will conduct a... 


Sibanye-Stillwater CEO Neal Froneman.
Sibanye-Stillwater, partners celebrate 89 MW wind farm reaching commercial operation
1st April 2025 By: Sabrina Jardim

The 89 MW Castle Wind Farm, a facility dedicated to supplying renewable energy to multinational mining and metals processing group Sibanye-Stillwater’s South African operations, has achieved... 


Ironveld smelter
Ironveld expects near-term cash generation from renegotiated DMS project
1st April 2025 By: Marleny Arnoldi

High-purity iron miner Ironveld’s shares have resumed trading on the Aim, after the company published its results for the financial year ended June 30, 2024, in addition to its results for the six... 


Workers on power lines
Pilot procurement of 1 164 km of powerlines from private investors to be launched in Nov
1st April 2025 By: Terence Creamer

South Africa intends launching a pilot programme for the procurement of 1 164 km of 400-kV powerlines, involving seven corridors in three provinces, in November as part of an initiative to mobilise... 


Jindalee appoints advisers to speed up McDermitt funding
Jindalee appoints advisers to speed up McDermitt funding
1st April 2025 By: Creamer Media Reporter

ASX-listed Jindalee Lithium has engaged corporate advisers to accelerate global engagement with potential funding partners for its McDermitt lithium project, following the completion of a... 


Standard Bank head of sustainability Boitumelo Sethlatswe
Standard Bank sets new sustainable finance target of R450bn by 2028
1st April 2025 By: Schalk Burger

Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the... 


Newcrest mining
As US cuts HIV assistance, South Africa turns to miners, insurer
1st April 2025 By: Bloomberg

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 


Image of Altron CEO Werner Kapp
Altron celebrates sixtieth birthday with a call to rebuild Johannesburg
1st April 2025 By: Natasha Odendaal

JSE-listed Altron, celebrating 60 years of innovation, is calling for the rebuild of Johannesburg and reaffirming its commitment to the city’s future. The technology company, which is showcasing... 


Cavalier shares jump on ‘significantly improved’ Crawford PFS
1st April 2025 By: Mariaan Webb

Exploration and development company Cavalier Resources on Tuesday announced a “exceptionally increased” prefeasibility study (PFS) results for its Crawford gold project, near Leonora, sending the... 


First Quantum to discontinue two Cobre Panama arbitration proceedings
First Quantum to discontinue two Cobre Panama arbitration proceedings
1st April 2025 By: Reuters

First Quantum Minerals said on Monday it had agreed to discontinue two arbitration proceedings related to its Cobre Panama copper mine, raising the prospect of negotiations to resume production at... 


The Point Lake openpit at Ekati.
Burgundy Diamond Mines' Ekati resilient as market struggles
1st April 2025 By: Mariaan Webb

ASX-listed Burgundy Diamond Mines has navigated a turbulent diamond market with resilience, reporting a modest revenue decline despite broader industry struggles. The company’s flagship Ekati... 


Long steel production
AMSA defers longs business closure as it receives R1.68bn in IDC support
31st March 2025 By: Creamer Media Reporter

Steel producer ArcelorMittal South Africa (AMSA) has announced that the wind down of its long steel business will be deferred for an initial period of at least six months, to August 31, after... 


Sephaku Cement increases profit despite drop in volumes, revenue
31st March 2025 By: Schalk Burger

Building and construction materials company Sephaku Cement achieved an after-tax profit of R42.6-million for the financial year ended December 31, 2024, compared with R41.9-million in 2023. Sales... 


Critical Metals’ immediate goal is to get funding for further drilling at Molulu
31st March 2025 By: Darren Parker

Investment company Critical Metals has said its immediate priority is to secure the necessary funding to restart diamond drilling and exploration activities at its 70%-owned Molulu copper project,... 


Image of Velenkosini Hlabisa
Over 1.4bn disbursed for disaster response in 2024/25 financial year – Velenkosini Hlabisa
31st March 2025 By: Thabi Shomolekae

Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa said on Monday that in the 2024/25 financial year, his department disbursed R1.444-billion towards disaster management... 


L2D CE José Snyders
L2D reports resilient full-year performance for 2024
31st March 2025 By: Sabrina Jardim

Property investment company Liberty Two Degrees (L2D) has reported that it has delivered a robust performance for the 2024 financial year, demonstrating resilience amid persistent macroeconomic... 


Jubilee Zambian copper operations
Lower chrome prices result in lower interim earnings for Jubilee
31st March 2025 By: Marleny Arnoldi

Aim- and AltX-listed Jubilee Metals has reported a 51% year-on-year increase in group revenue to $141-million in the six months ended December 31, 2024, mainly owing to higher production of chrome... 


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Magazine round up | 09 May 2025
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