South Africa’s security technology market poised for growth – research

The South African security technology market is poised for growth, making it one of the exceptions compared with other industries in the country that are currently facing economic and financial... 

RMB, Clairfield International ink partnership deal

Europe-based global corporate finance partnership Clairfield International and FirstRand Bank division Rand Merchant Bank (RMB), have formally agreed to partner, marking both firms’ commitment to... 

Implats warns of more than 80% decrease in interim earnings

JSE-listed Impala Platinum (Implats) expects to report an up to 83% year-on-year decrease in headline earnings for the six months to December 31, 2023, as a result of lower revenue arising from a... 

Gold mining industry striving to build on sustainability strides

Striving for sustainability in every facet of the gold mining industry’s value chain is imperative and while considerable progress has been made in several areas, including responsible practices... 

Anglo’s fourth-quarter production in line with expectations despite rail constraints

Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate... 

Busa seeks govt's backing on private sector support to resolve energy, logistics crises

Business organisation Business Unity South Africa (Busa) has outlined its expectations for President Cyril Ramaphosa’s State of the Nation Address tonight, with the first being a call for a clear... 

Families call for increased efforts to release two SA engineers arrested in Equatorial Guinea a year ago

February 9 will mark one year since two South African engineers, Frederik Potgieter (54) and Peter Huxham (55) - the latter a dual South African/UK citizen - were detained in Equatorial Guinea on... 

Blencowe welcomes new African investor

Aim-listed Blencowe Resources has raised $500 000 (£392 350) from a specialist Africa-based investor through the issue of 7.8-million new ordinary shares. The investor has undertaken extensive due... 

Kenmare receives commitments for new $200m credit facility

London-listed Kenmare Resources, which operates the Moma titanium minerals mine in northern Mozambique, has received commitments in respect of a new $200-million revolving credit facility (RCF).... 

Sable Mining, IPace agree additional funding for DMS beneficiation plant

JSE-listed Sable Exploration and Mining’s subsidiary Sable Platinum Holdings (SPH) and IPace on February 2 entered into a term sheet for additional funding of R1-million payable by SPH for a dense... 

West African’s 2024 production to align with long-term mining plan

ASX-listed West African Resources expects its Sanbrado mine, in Burkina Faso, to produce between 190 000 oz and 210 000 oz of gold this year, consistent with the company’s long-term mining plan.... 

Pensana’s Longonjo MRE carbonate receives product quality approval

One of London-listed Pensana’s major potential customers has approved the product qualification specifications for Longonjo’s proposed mixed rare earth carbonate (MREC) product. Longonjo, in... 

Organisations voice their concerns about national minimum wage increase

Various organisations have responded to government’s decision to increase the national minimum wage by 8.5% to R27.58 an hour, effective from March 1. Youth development agency Afrika Tikkun says... 

Rainbow achieves group separation of REEs during ongoing test work in the US

London-listed Rainbow Rare Earths has made progress with the ongoing rare earth oxide separation work under way at the back-end pilot plant, which is located at the facilities of Rainbow’s... 

Bushveld meets full-year guidance, but cash flow challenges persist

Aim-listed Bushveld Minerals met its 2023 production guidance and was able to achieve a level of operational performance in the first half of the financial year, despite facing cash flow... 

Business organisations call on Ramaphosa to test NHI Bill’s constitutionality

Business organisations Business Unity South Africa (Busa) and Business for South Africa (B4SA) have called on President Cyril Ramaphosa to act in accordance with the commitment he made in late... 

World Bank tours Cape Town’s Steenbras power plant, to augment support

City of Cape Town Mayoral Committee Member for Energy councillor Beverley van Reenen has hosted a World Bank delegation to the city’s Steenbras hydro pumped storage scheme. The Steenbras plant is... 

De Berg Nature Reserve designated as country’s thirtieth Ramsar site

Forestry, Fisheries and the Environment Minister Barbara Creecy has welcomed the declaration of the De Berg Nature Reserve as South Africa’s thirtieth Ramsar site under the Convention on Wetlands... 

IRH commits up to $1.1bn for 50% interest in Mopani Copper Mines

Aim-listed ZCCM-Investment Holdings (ZCCM-IH) has confirmed that it has entered into an agreement with International Resources Holding (IRH), which will, through its wholly-owned subsidiary Delta... 

Transnet says rail volumes recovered slightly in the last quarter of 2023

Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year, as the implementation of Transnet’s recovery plan got under way. The... 

Regulator celebrates centenary of Dr Merensky’s discovery of PGM deposits in South Africa

State entity the South African Diamond and Precious Metals Regulator (SADPMR) will hold its South Africa Platinum Centenary Commemoration event in Cape Town, on February 4,  a day before the... 

Orion to benefit from fast-track strategy at Northern Cape project – analyst

ASX- and JSE-listed Orion Minerals has in place a company-making strategy of developing multiple metal producing hubs within South Africa’s Northern Cape, a richly endowed mineral province and a... 

FlySafair to launch direct route between Cape Town, Kruger Mpumalanga airports

Low-cost airline FlySafair will be launching a direct route between Cape Town International Airport (CTIA) and Kruger Mpumalanga International Airport (KMIA) just outside the Kruger National Park... 

ACSA’s recovery to pre-pandemic levels on track

As of December 2023, the airline industry had largely recovered its traffic to 2019 levels, which is the benchmark for pre-Covid-19, Airports Company South Africa (ACSA) CEO Mpumi Mpofu informed in... 

Collaboration and grid investment key to making 2024 a turning point in SA’s power crisis

If South Africa’s energy investment programmes and reforms continue, the energy availability factor (EAF) for State-owned utility Eskom’s coal fleet does not decline, and business partnerships and... 

Collaboration and grid investment key to making 2024 a turning point in SA’s power crisis

If South Africa’s energy investment programmes and reforms continue, the energy availability factor (EAF) for State-owned utility Eskom’s coal fleet does not decline, and business partnerships and... 

Itac creates temporary rebate provision for several products

The International Trade Administration Commission of South Africa (Itac) has created a temporary rebate provision for the importation of certain cold-rolled steel and painted steel; a rebate... 

Bengwenyama scoping study shows attractive economics – Southern Palladium

A scoping study of JSE- and ASX-listed Southern Palladium’s 70%-owned Bengwenyama platinum group metals (PGMs) project on the eastern limb of the Bushveld Complex in South Africa shows “very... 

Lotus, A-Cap merger posited to provide uranium opportunities

ASX-listed Lotus Resources completed the implementation of the merger with A-Cap during the quarter ended December 31, which the company avers has created a “leading uranium player with significant... 

AVZ reports updated mineral resource at DRC project

ASX-listed AVZ Minerals has updated the mineral resource of its Manono lithium and tin project, in the Democratic Republic of Congo (DRC), after generating new results from the 2022 to 2023... 

Tshipi achieves record quarter production

Tshipi é Ntle Manganese Mining, in which ASX-listed Jupiter Mines has a 49.9% beneficial interest, achieved record production at the Tshipi manganese mine in the Kalahari manganese field for the... 

Geopolitical, economic uncertainty supported last year’s gold demand, price

Member organisation the World Gold Council’s (WGC) latest ‘Gold Demand Trends’ report, released on January 31, indicates that yearly gold demand – excluding over-the-counter (OTC) market demand –... 

AU’s G20 inclusion, South Africa’s 2025 presidency, present opportunities for the continent

With exogenous and endogenous shocks impacting on Africa countries to varying degrees over the years, and different regions showcasing different levels of macroeconomic resilience, the African... 

Kefi confirms new discovery at Saudi Arabia gold project

Aim-listed Kefi Gold and Copper has confirmed a new discovery, as well as provided an operational update for the Jibal Qutman gold project in Saudi Arabia in the company's minority-owned Gold and... 

GoviEx assures shareholders it is unaffected by Niger’s mining sector audit

TSX-V-listed GoviEx Uranium has responded to recent articles published in the wider press concerning an alleged audit of the mining sector in Niger, noting that this will not affect the company.... 

CSIR, GIZ collaborate on building skills for vaccine manufacturing in South Africa

The Council for Scientific and Industrial Research (CSIR) has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on a human capacity development initiative in South... 

Calibre completes acquisition of Marathon

TSX-listed Calibre Mining has acquired all of the issued and outstanding common shares of fellow-listed Marathon Gold, pursuant to a court-approved plan of arrangement. As a result of the... 

Phoenix to raise £2.2m for equipment, working capital

Aim-listed US-focused Phoenix Copper intends to raise about £2.2-million (before expenses) through the issue of new ordinary shares to fund the purchase of mining and processing equipment at a... 

Adventus acquires outstanding Luminex shares

Ecuador-focused copper/gold exploration and development company Adventus Mining has acquired all of the issued and outstanding common shares of Canada-based precious and base metals exploration and... 

New partnership to aid transition to clean cooking fuels in Africa

Corporate and investment bank Rand Merchant Bank (RMB) has announced a strategic partnership with climate technology company KOKO, where it has acted as the lead mandated arranger and financier for...