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Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
Shareholders approve Saturn Resources’ takeover of Shanta Gold
Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly...
Schneider launches entry-level circuit breakers for basic applications
Energy management and automation group Schneider Electric has launched two new entry-level market products – the GoPact Moulded Case Circuit Breaker (MCCB) and the Manual Transfer Switch (MTS)....
Murray & Roberts Cementation raises the bar on mechanised mine training
Mining contractor Murray & Roberts Cementation on March 14 hosted a media tour of the mock-up mine and training facilities at its Bentley Park Training Academy, in Carletonville. The site is...
Agriculture, fossil fuel burning the main reasons why Africa is emitting more carbon
Research by University of the Witwatersrand (Wits) academics finds that Africa has moved from being a net carbon sink to a net carbon source in nine years, meaning the rate at which carbon is being...
Xtract to explore Silverking copper mine, surroundings in JV with Cooperlemon
Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the...
Bell Equipment advances contract manufacturing initiative
Heavy equipment manufacturer Bell Equipment has been growing its business organically by investing in the development and enhancement of products, increasing market share in key regions, such as...
IEA strengthens collaboration with climate leaders as more commitments take shape
After nearly 200 countries made major energy commitments at the COP28 climate summit in Dubai, the International Energy Agency (IEA) is taking a leading role in ensuring these promises are...
Tshiamiso Trust reaches R1.5bn payout milestone
The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold...
Association expects higher export volumes across all citrus fruits
As the citrus export season starts this month, the Citrus Growers’ Association of Southern Africa (CGA) is confident that 37.9-million 15 kg cartons of lemons will be exported to key markets, which...
Barminco bags A$393m contract at Regis’ Duketon
Mining services firm Barminco has been awarded a A$393-million, three-year contract at Regis Resources’ Duketon operations, in the Goldfields region of Western Australia, ASX-listed Perenti...
Crisis of confidence exacerbates sub-Saharan Africa’s funding squeeze
Various shocks have resulted in commodity price pressure and fiscal constraints globally, but sub-Saharan African countries, in particular, have been experiencing a “funding squeeze” as a result of...
Output upped at Namibia tin, tantalum and lithium mine
Aim-listed Andrada Mining has started implementing an ore sorting circuit at the Uis mine, in Namibia, to increase tin concentrate production from 1 500 t/y to 2 600 t/y. This is expected to...
Bell posts 66% rise in full-year profit
JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment...
Pensana hosts investors, govt representatives at its Longonjo mine
In preparation for building one of the world’s largest and highest-grade magnet metal rare earth mines later this year, London-listed Pensana has hosted key stakeholders on site at its Longonjo...
Kore expects EPC finalisation in Q2, following which financing will ensue
Congo-Brazzaville-focused miner Kore Potash has advised that the condition for conversion of five convertible loan notes (CLN) totalling $530 000 has been met, and, accordingly, these will now be...
Experts propose private solutions to better capacitate municipalities for effective water management
As South Africa starts to experience more extreme weather events, such as floods, droughts and high-energy storms, the sustainability of public water systems becomes crucial; however, municipal...
Kazera readies for production of heavy mineral sands, diamonds
Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,...
Endeavour assures shareholders of its internal controls, posts lower earnings
London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over...
US software company Powerfleet lists on JSE amid merger with MiX Telematics
Software-as-a-service (Saas) and artificial intelligence (AI) provider Powerfleet has attained a secondary listing on the JSE amid its merger with fleet and mobile asset management solution company...
Salungano expects to widen headline loss to at least 50.6c
After having multiple subsidiaries experience financial difficulty in recent years, with some having entered into business rescue in recent months, JSE-listed Salungano Group expects to report a...
Enviro groups approach High Court over TotalEnergies Cape coast drilling plans
Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies...
Nampak to sell its liquid cartons, Zambia and Malawi businesses
JSE-listed packaging company Nampak has entered into an agreement with a consortium represented by private equity company Corvest 15 to dispose of its liquid cartons business in South Africa, as...
South Africa’s maize production to dip, but remain sufficient to cover local demand
While South Africa’s maize production will be about 2.1-million tons lower this year, there is still enough to meet local consumption and supply neighbouring countries that are having difficult...
Gemfields generates healthy revenue from latest auction, posts lower headline earnings for 2023
Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of...
Wesizwe to post narrowed losses
JSE-listed Wesizwe Platinum expects to report a 76% to 86% year-on-year narrowing in its loss a share to between 1.14c and 1.96c for the year ended December 31, 2023, compared with a loss a share...
OreCorp recommends shareholders accept amended Perseus offer
ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575...
Draft IRP 2023 falls short in every aspect, says Just Share
As government considers the public comments made on the draft Integrated Resource Plan (IRP) 2023 up to March 23, shareholder activism organisation Just Share has called for a remodel of the...
Askari raises A$1.6m for lithium, uranium developments
ASX-listed Askari Metals has successfully raised A$1.6-million through a share placement. Tranche 1 of the placement is made up of 18.1-million shares, while Tranche 2, which is subject to...
Debswana builds skills pipeline ahead of expanded operations at Jwaneng
In preparation for Debswana’s upcoming Jwaneng underground project, in Botswana, the company has been fostering local talent and enhancing skills development by recruiting graduate learners in...
Predictive says Bankan PFS to be published in April
ASX-listed Predictive Discovery has informed shareholders that a prefeasibility study on the Bankan gold project, in Guinea, will be published in mid-April, which is later than the initially...
Lucapa recovers 203 ct diamond in Angola
ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo...
Glencore bids Coates farewell, appoints Wallington nonexec director
Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as...
Cadence to revise Amapá mine plan after successful optimisation study
Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning,...
Largo’s net loss widens to $32m, but incoming ilmenite output shows promise
Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year...
Unprecedented crime levels threaten mining’s sustainability
Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs...
Unprecedented crime levels threaten mining’s sustainability
Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs...
Public Enterprises Committee refers SAA takeover matter to SIU for investigation
The Portfolio Committee on Public Enterprises has decided to refer the matter of the Takatso Consortium’s now-cancelled plans to buy a 51% stake in South African Airways (SAA) to the Special...
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