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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... 


Merle Denson, Manager of the BCCEI’s Dispute Resolution Centre
The vital role of BCCEI in ensuring fairness through dispute resolution in civil engineering
13th November 2024

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... 


Bidcorp increases trading profit by 10% in low food inflation environment
12th November 2024 By: Schalk Burger

JSE-listed foodservice group Bidcorp, in an update to capital markets on November 12, said it had increased its trading profit by 10% for the four months ended October 31, on the back of a low food... 


Equites raises R558m in debt auction
12th November 2024 By: Sabrina Jardim

JSE-listed real estate investment trust (REIT), Equites Property Fund has raised R558-million through the public auction of three-year and five-year listed senior unsecured floating rate notes in... 


Production ramp-up leads Mantengu to report big increase in interim revenue, profits
12th November 2024 By: Darren Parker

JSE-listed Mantengu Mining has reported a R102.8-million year-on-year increase in revenue from R13.1-million for the six months ended August 2023 to R115.9-million for the equivalent period this... 


Goldplat reports £1.84m operating profit for the Sept quarter
12th November 2024 By: Sabrina Jardim

Aim-listed Goldplat’s two recovery operations in Ghana and South Africa achieved a combined operating profit of £1.84-million excluding listing and head office costs, finance cost and foreign... 


Drier season produces lower than average yield for South Africa’s sugarcane growers
12th November 2024 By: Sabrina Jardim

This year’s sugarcane harvest is expected to be 10% lower than average, largely owing to unusually drier conditions in the majority of KwaZulu-Natal's growing areas, says industry body SA... 


The Langer Heinrich mine in Namibia
Paladin shares plunge after lowering Langer Heinrich guidance
12th November 2024 By: Mariaan Webb

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 


China’s copper production boom threatens to crowd out the rest of the world
China’s copper production boom threatens to crowd out the rest of the world
12th November 2024 By: Bloomberg

Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability. The viability of plants across the globe may be at stake. The top consumer of... 


Mintek CEO Dr Molefi Motuku
South Africa has impressively low battery manganese incentive price, Mintek@90 hears
11th November 2024 By: Martin Creamer

South Africa’s current process of dissolving the world’s purest manganese metal to make battery grade manganese has got the lowest incentive price of any of the new, non-Chinese high-purity... 


Harmony Gold's Mponeng mine
Harmony reports flat production but improved cash flow from higher grades
11th November 2024 By: Darren Parker

JSE- and NYSE-listed Harmony Gold has reported relatively flat year-on-year gold production but announced significant improvements in operational cash flow owing to enhanced recovery grades. In its... 


Raubex grows interim revenue and profit, declares dividend
11th November 2024 By: Schalk Burger

JSE-listed construction materials and mining company Raubex has increased its revenue by 29.7% to R10.95-billion for the half-year period to end August, up from R8.45-billion in the comparable... 


BankservAfrica seeks transition to payments utility through SARB collaboration
11th November 2024 By: Schalk Burger

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank... 


Omnia CEO Seelan Gobalsamy
Omnia reports commendable increase in first-half operating profit
11th November 2024 By: Marleny Arnoldi

JSE-listed chemicals group Omnia has reported a 17% increase in operating profit to R802-million for the six months ended September 30, which CEO Seelan Gobalsamy says was driven by solid... 


A rail line
'Clear vision' for logistics reform encouraging – Mavuso
11th November 2024 By: Schalk Burger

“The clarity of vision” provided by Transport Minister Barbara Creecy on what success in terms of logistics reforms looks like and what needs to be done to make progress in dealing with the... 


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