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Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


The Johannesburg skyline
Municipalities spend 22% of budget in the first quarter of the 2024/25 financial year
20th December 2024 By: Schalk Burger

The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending... 


SME business-building MoMo chatbot reaches 1m entrepreneurs in Côte d’Ivoire, Uganda
20th December 2024 By: Schalk Burger

About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo... 


The Moma mine in Mozambique
Kenmare appoints CFO
20th December 2024 By: Creamer Media Reporter

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 


Decarbonisation efforts in mining fall short of science-based targets, research shows
20th December 2024 By: Simone Liedtke

The global mining industry is falling short in its efforts to decarbonise at a rate required to meet science-based targets, according to new research by consultancy dss+. As the industry moves... 


SAPVIA CEO Dr Rethabile Melamu
South Africa PV capacity increases 12% in 2024
20th December 2024 By: Schalk Burger

South Africa's total solar PV capacity surged to 8.97 GW this year, which includes 2.8 GW from public procurement and 6.1 GW from private-sector contributions, 11.9% higher than in 2023. A further... 


Shipping industry’s $188bn binge cuts space to make new vessels
19th December 2024 By: Bloomberg

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct new vessels. Owners plowed more than... 


Hands exchanging money
Commission recommends CPI + 1.5% increase for the national minimum wage in 2025
19th December 2024 By: Schalk Burger

The National Minimum Wage (NMW) Commission has published a recommendation in the Government Gazette that the national minimum wage be adjusted by the rate of consumer price inflation (CPI) plus... 


An employee studying drill core
Dundee pleased with 'excellent' economics at Serbian gold project
19th December 2024 By: Creamer Media Reporter

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Customers paying with a nu-branded card
Nubank invests $150m in Tyme's Series D capital raise
17th December 2024 By: Schalk Burger

Digital financial services group Nubank has invested $150-million in Singapore-based financial services firm Tyme's oversubscribed $250-million Series D capital raise, with Catalyst subscribing for... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


Mechanic working on a car engine
Metair finalises R278.5m AutoZone acquisition, restructures debt
17th December 2024 By: Schalk Burger

JSE-listed energy and automotive manufacturing holding company Metair has finalised the acquisition of automotive parts distributor AutoZone for R278.5-million after the remaining conditions... 


The Sasolburg plant
Smoggy Sasolburg illustrates conflict between economy and clean air
17th December 2024 By: Reuters

From the moment Mpho Putsoenyane's daughter Hlompho was born in Zamdela, a South African township beside the smokestacks and gas flares of Sasol's oldest coal-to-liquid refinery, the baby struggled... 


Vanguard's facility in the Clairwood Logistics Park
Vanguard Logistics signs ten-year Clairwood lease with Fortress
13th December 2024 By: Schalk Burger

Logistics and supply chain solutions provider Vanguard Logistics South Africa has signed a a ten-year lease for a new 13 000 m² warehouse at Clairwood Logistics Park, in KwaZulu-Natal, with real... 


SABS logo with the word
SABS denies allegations of corruption, mismanagement
13th December 2024 By: Darren Parker

The South African Bureau of Standards (SABS) has denied a series of allegations of longstanding and ongoing corruption and mismanagement. In an open letter sent to Trade, Industry and Competition... 


Creamer Media Water 2024/25 cover
Water 2024/5: Averting a crisis
13th December 2024 By: Creamer Media Reporter

Creamer Media’s ‘Water 2024/25: Averting a crisis’ report delves into the critical state of South Africa's water sector, challenged by ageing infrastructure, municipal debt, and declining water... 


AfDB, Italy's CDP sign cooperation agreement for investment in Africa's growth
13th December 2024 By: Schalk Burger

Development finance institution the African Development Bank Group and Italy’s national promotional institution Cassa Depositi e Prestiti (CDP) have signed a partnership framework agreement to set... 


POSITIVE OPERATIONS
The MTR operation is noteworthy for its environmental remediation, efficient project delivery and positive impact on the local community
Company’s EPCM role pivotal in project
13th December 2024 By: Simone Liedtke

Integrated service provider SGS Bateman played a “pivotal role” as the engineering, procurement and construction management (EPCM) contractor for midtier gold producer Pan African Resources’... 


Dougal Bennett, chief commercial officer at Mukuru
Dougal Bennett
13th December 2024 By: Creamer Media Reporter

This week for profile Dougal Bennett, chief commercial cfficer at Mukuru, one of the largest money-transfer providers in Africa and a leading next-generation financial services platform that offers... 


Image of gold pour
Boorara gold project – Stage 1, Australia
13th December 2024 By: Sheila Barradas

Horizon Minerals has started hauling ore from the project. 


Reactor pressure vessel
Hinkley Point C nuclear power plant project, UK – update
13th December 2024 By: Sheila Barradas

The reactor pressure vessel has been installed for the first of the two European pressurised reactors.  


Image of the Jansen mine
Jansen potash project, Canada – update
13th December 2024 By: Sheila Barradas

BHP has selected ABB to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist. 


Image of Australia map/flag
Kathleen Valley lithium/tantalum project, Australia – update
13th December 2024 By: Sheila Barradas

Liontown Resources has dispatched its first cargo of spodumene concentrate from the Port of Geraldton. 


Location map of the Kurmuk project
Kurmuk gold project, Ethiopia – update
13th December 2024 By: Sheila Barradas

Wheaton Precious Metals’ wholly owned subsidiary Wheaton Precious Metals Internationa has entered into a definitive precious metals purchase agreement with Allied Gold and its wholly owned... 


Image of hammered gold
15-Mile and Beaver Dam projects, Canada
13th December 2024 By: Sheila Barradas

St Barbara Limited's has updated the prefeasibility study on the project and has proposed average production of 74 000 oz/y of gold over the 11.1-year mine life. 


Delba profile image
Delba Electrical celebrates over six decades of rotating electrical machine repairs
13th December 2024

For more than six decades, Delba has led the industry in the repair of rotating electrical machines, earning a reputation as one of the most trusted and reliable service providers. As the company... 


GOLD MINERALISATION AT THE PREMIER GOLD PROJECT
Premier gold project, Canada – update
13th December 2024 By: Sheila Barradas

Ascot Resources has started erecting the head cover for the Premier Northern Lights portal. 


Image of river gold nuggets
Nyanzaga gold project, Tanzania – update
13th December 2024 By: Sheila Barradas

Perseus Mining has reported that it is well advanced in its review of existing geology, mining engineering and mineral processing studies. 


Huawei showcases all-optical smart home
13th December 2024 By: Natasha Odendaal

Information and communication technology group Huawei has launched an intelligent home in the Bo-Kaap neighbourhood, in the Western Cape. The All-Optical Intelligent home, powered by Huawei’s... 


5G remains fastest-growing subscription type in Africa
13th December 2024 By: Natasha Odendaal

As mobile subscriptions in sub-Saharan Africa grow at 4% a year, increasing from 950-million in 2023 to 1.2-billion by 2030, the November 2024 edition of the Ericsson Mobility Report forecasts that... 


Tech, collaboration key to solving sanitation challenges
13th December 2024 By: Natasha Odendaal

Enhanced collaboration between government, the private sector and civil society, along with the deployment of technological innovations, will help address the sanitation-related challenges... 


Africa’s cybercrime explosion
13th December 2024 By: Martin Zhuwakinyu

Cybercrime has exploded into a menace of epic proportions – and Africa is no safe haven. In fact, the digital underworld on the continent has been so busy that more than 1 000 offenders were caught... 


The Cigar Lake mine
Canada weighs export taxes on uranium, oil if Trump starts trade war
12th December 2024 By: Bloomberg

Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad... 


An image of Business Partners MD Jeremy Lang
Jeremy Lang appointed Business Partners MD
12th December 2024 By: Tasneem Bulbulia

Small business financier Business Partners has appointed Jeremy Lang as its new MD, effective January 1. Lang will succeed Ben Bierman, who is retiring after more than 35 years of service. 


South African rands
Bidvest Group sells bank business to Access Bank for R2.8bn
12th December 2024 By: Marleny Arnoldi

Bidvest Group has concluded an agreement for the disposal of 100% of Bidvest Bank Holdings to Access Bank for R2.8-billion. Bidvest Group CE Mpumi Madisa says that, as a well-respected,... 


Cape Town service level plan is not a devolution agreement, warns PRASA
Cape Town service level plan is not a devolution agreement, warns PRASA
12th December 2024 By: Irma Venter

The recent Service Level Plan (SLP) signed between the Passenger Rail Agency of South Africa (PRASA) and the City of Cape Town is not a devolution agreement, warns the rail agency. It says the... 


Liquid Intelligent Technologies extends its Botswana fibre network
12th December 2024 By: Creamer Media Reporter

Pan-African technology group Liquid Intelligent Technologies has completed its fibre network extension from Ramatlabama to Ramokgwebana. The enhanced independent network spans over 730 km, marking... 


St George Mining signs partnership agreements for magnet production in Brazil
12th December 2024 By: Darren Parker

ASX-listed St George Mining has signed partnership agreements with Brazilian scientific and research organisation Serviço Nacional de Aprendizagem Industrial (Senai) and nonprofit industrial... 


Cranes at a Transnet operated port
Court blocks ICTSI bid to appeal South Africa port-deal ruling
12th December 2024 By: Bloomberg

A South African court denied a bid by International Container Terminal Services Inc (ICTSI) to appeal a decision that temporarily stops the nation’s state-owned logistics firm from going ahead with... 


Cape Town - FICA Compliance Breakfast
Cape Town - FICA Compliance Breakfast
12th December 2024

Unpacking how criminals use High-Value Goods Dealers to launder money It is estimated that South African businesses launder between R16-billion and R64-billion yearly.  


MTN sponsors microgrid initiative delivering renewable energy, connectivity to Orange Farm
11th December 2024 By: Natasha Odendaal

Telecommunications group MTN South Africa is sponsoring a microgrid initiative in Orange Farm to bring renewable energy, Internet connectivity and new economic opportunities to the area. MTN’s... 


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

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