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London-listed Endeavour Mining, which has a portfolio of gold mining assets in West Africa, reported strong results for the 2024 financial year, with record fourth-quarter free cash flow of...
JSE- and Nasdaq-listed financial technology company Lesaka Technologies has completed the acquisition of South African prepaid electricity submetering and payment business Recharger for...
Unhedged gold mining company West African Resources produced 206 622 oz of gold at an all-in sustaining cost (AISC) of $1 240/oz in 2024. The company’s Sanbrado gold mine and Toega gold deposit are...
Following oversight visits to Mpumalanga, KwaZulu-Natal and Limpopo, President Cyril Ramaphosa on Thursday met with the Johannesburg Metro Council, as part of the seventh administration’s priority...
Diversified mining major Rio Tinto has officially completed its $6.7-billion acquisition of Arcadium Lithium. The deal, sanctioned by the Royal Court of Jersey on Wednesday, integrates Arcadium...
London-listed titanium minerals miner Kenmare Resources has informed shareholders that it has received a nonbinding proposal from Oryx Global Partners and Kenmare founding MD Michael Carvill,...
Tunisia aims to raise phosphate production about five-fold to 14-million metric tons in 2030, the government said on Wednesday, part of a plan which seeks to restore the vital sector to help...
The civil engineering industry, known for its complex projects and large-scale operations, demands precision, cooperation and clear communication. Given the high stakes, it’s inevitable that...
The global transition to green energy is fundamentally reshaping the mining and metals sector. As economies strive to reduce carbon emissions and embrace renewable energy, demand for critical...
ASX-listed Mineral Resources (MinRes) has had its credit rating downgraded by Fitch Ratings to BB- from BB, with a negative outlook, the company announced on Wednesday. The downgrade aligns Fitch’s...
Blended infrastructure finance fund the Emerging Africa & Asia Infrastructure Fund (EAAIF) has announced a $45-million funding contribution to commercial and industrial renewable energy company...
The building and civil engineering market in Gauteng continues to soften, but Cape Town is still offering “huge opportunities”, says WBHO CEO Wolfgang Neff. Announcing the construction giant’s...
While government has made progress in improving policies affecting the built environment, such as the Public Procurement Act, Consulting Engineers South Africa (CESA) CEO Chris Campbell warns that...
Agriculture Minister John Steenhuisen stresses that South Africa’s citrus industry stands to lose a lot if the US decides not to extend the country’s benefits under the African Growth and...
The Public Investment Corporation (PIC) has increased its shareholding in JSE- and Aim-listed Pan African Resources from 9.98% to 12.39% as at March 4. The PIC now owns about 251.49-million shares...
Emerging electricity retail brand Earth & Wire is aiming to achieve financial close on a R40-billion renewables and storage cluster in the Eastern Cape by the third quarter of 2027 and begin...
Africa’s transport industry is a critical enabler of trade, economic growth, and regional integration, comprising road, rail, maritime and air transport that support domestic and international...
South Africa's water crisis is intensifying as failing infrastructure, droughts, and shrinking reservoir levels strain municipalities. Gauteng is already facing level one restrictions, while...
State-owned power utility Eskom's collaboration with the National Joint Operational and Intelligence Structure (Natjoints) Energy Safety and Security Priority Committee has resulted in a series of...
The African National Congress said on Wednesday South Africa’s 0.6% GDP growth shows a positive growth trajectory despite challenges in areas such as standards of living, which it attributed to an...
Following a quarterly decline in the third quarter’s real GDP, growth bounced back in the fourth quarter of last year, which the Minerals Council South Africa says bodes well for all sectors;...
South African businesses have suffered massive financial setbacks due to inadequate auditing, with cumulative losses from poor audits and compliance failures running into billions. Through its...
Pele Energy Group (PEG) has announced the completion of a R575 million capital raise that will significantly bolster its renewable energy and impact ambitions. This investment, backed by Nedbank...
ASX-listed AuKing Mining has signed an agreement to secure up to a 50% shareholding in Orion Resources, which is acquiring the Cloncurry gold project in northern Queensland. Under a previous...
South Africa’s Nedbank Group Ltd. and Norwegian investment firm Norfund are acquiring a “substantial minority” stake in a renewable energy company co-founded by a former JPMorgan Chase & Co....
London-listed Tirupati Graphite remains on track to achieve a production rate from the Vatomina graphite project, in Madagascar, of 600 t a month by the end of April, 1 000 t a month by July 31 and...
During this financial year, South Africa’s largest gold mining company will be investing more than R3-billion in its South African assets. “We're on an exciting growth path,” Harmony Gold CEO...
Statistics South Africa has reported that GDP increased by 0.6% in the fourth quarter of last year, following a contraction of 0.1% in the third quarter. GDP for the full 2024 also grew by 0.6%....
As financial institutions work to combat financial crime, their interest in the use of AI technology in anti-money laundering (AML) processes continues to outpace implementation, says data science...
Emerging electricity retail brand Earth & Wire reports that it is at an advanced stage of developing a 2 GW project cluster in the Eastern Cape called Energy Fields, which will blend utility-scale...
BHP Australia president Geraldine Slattery has warned that Australia’s competitive edge in the resources sector is at risk without sustained investment in productivity, energy, and labour policies....
South Africa’s GDP increased by 0.6% in the fourth quarter of 2024, following a decrease of 0.1% in the third quarter of the year. The agriculture, forestry and fishing industry increased by 17.2%,...
ASX-listed Lotus Resources has finalised the transition of its board of directors as fully funded restart works at its Kayelekera uranium project, in Malawi, move closer to production in the third...
JSE-listed seafood, aquaculture and agroprocessing company Sea Harvest says last year was its toughest financial year since listing on the JSE in 2017, with its performance having been impacted on...
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...
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