Adcock reports resilient performance despite challenging market conditions

JSE-listed pharmaceuticals manufacturer Adcock Ingram says it has delivered a “resilient performance” for the six months ended December 31, 2023, despite challenges facing consumers, such as high... 

SepFluor appoints new CEO, expects higher throughput

South African fluorspar producer SepFluor has appointed Hendrik Snyman to succeed Rob Wagner as CEO. Wagner stepped down as CEO on December 31, 2023, but will remain as an adviser to the company... 

Petra urges discipline among diamond producers to ensure balanced inventory levels

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 

Northam’s interim earnings impacted by commodity price decrease

With the decrease in commodity prices, earnings across the platinum group metals (PGMs) sector are under pressure. This will, consequently, constrain cash generation across the sector, resulting in... 

Tormin Mineral Sands faces production delays

Mining and development company Mineral Commodities’ (MRC’s) operations at the Tormin mine, in South Africa – held by the company’s 50%-owned subsidiary Mineral Sands Resources – has, so far,... 

Red Energy launches SigenStor in South Africa

Commercial solar energy specialist Red Energy has launched SigenStor – an artificial intelligence (AI) optimised five-in-one energy storage system – in South Africa. Red Energy has been chosen as... 

Landsdowne sees growth potential for sectional title estates in townships

As managers of the Orlando Towers Estate, a sectional title and lifestyle development in Soweto, Gauteng, residential estate manager Landsdowne Property Group notes that there is growth potential... 

Tulu Kapi stakeholders commit to proceed with project development

Following meetings with senior representatives of stakeholders for aim-listed Kefi Gold and Copper’s Tulu Kapi Gold project, in Ethiopia, at this year’s Investing in African Mining Indaba, all... 

HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 

Steelmakers turning to DRI amid transition

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 

Volt makes progress for much larger funding from US energy dept

Graphite producer and natural graphite anode developer Volt Resources says the US Department of Energy (DoE) has approved its concept paper for the ‘Integrated Production of Natural Graphite Anode... 

DFC announces new financing for Lobito Corridor

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 

AECI outlines new strategy as it celebrates centenary anniversary

JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its... 

Temporary poultry rebate in response to HPAI outbreak, Itac says

Amid the creation of a temporary rebate on poultry products – as set out by Trade, Industry and Competition Minister Ebrahim Patel to the International Trade Administration Commission of South... 

Jubilee embarks on Zambia expansion strategy

Metals processing company Jubilee Metals aims to expand its operations in Zambia to produce an initial 25 000 t/y of copper. The strategy includes the expansion of Jubilee’s copper resource base... 

Amplats reports flat full-year refined output, warns of lower earnings

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has informed shareholders that it expects to report a 67% to 77% year-on-year decrease in headline earnings and headline earnings... 

Durban Automotive Cluster launches applications for Business Accelerator

The Durban Automotive Cluster (DAC) has opened applications for its Business Accelerator Programme – spearheaded by the support of the eThekwini municipality and automotive companies, including... 

Tim Schlick to succeed Huw Daniel as PGI CEO

Platinum marketing organisation Platinum Guild International’s (PGI’s) long-time CEO Huw Daniel will retire at the end of March, after 21 years with the organisation. Having started his tenure in... 

DMRE, IDC establish Junior Mining Exploration Fund

The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation of South Africa (IDC) have signed a memorandum of agreement officially establishing the Junior... 

Zero Carbon Charge signs R1bn deal to bring EV superchargers to South Africa

Renewable energy-powered electric vehicle (EV) charging station company Zero Carbon Charge has signed a memorandum of understanding (MoU) with Chinese energy storage systems manufacturer Shanghai... 

New Naledi Clinic to accommodate more patients

The Johannesburg Development Agency (JDA), on behalf of the City of Johannesburg, has been building the new state-of-the-art Naledi Clinic in Soweto, Gauteng, that will serve as a primary... 

Wine industry calls for balanced taxes, improved law enforcement

Ahead of the forthcoming State of the Nation Address (SoNA), nonprofit advocacy organisation South Africa Wine highlights issues that it says require immediate attention for the betterment of the... 

Sampling confirms extensive gold at Tati project

London-listed exploration company Power Metal Resources reports that recent geochemical soil sampling assay results from the Tati gold project, in Botswana, have confirmed the presence of three... 

Spatial Dimension commences Angolan mining cadastre project

Land management solutions provider Spatial Dimension has started activities to implement its Landfolio solution for the Angolan government. Partnering with Angolan company OceanGeo SA, Spatial... 

Black Soldier Fly factory recycles agroprocessing waste

Agri-tech company Maltento is transforming South Africa's recycling landscape by breeding black soldier flies to convert agroprocessing waste, including spent grains from the beer industry, into... 

Seifsa calls for alternatives to scrap metal export ban

In anticipation of Trade, Industry and Competition Minister Ebrahim Patel’s decision on the way forward regarding scrap metal regulations, and following the extended public comment period which... 

Drilling projects successful despite challenges

Owing to quay walls that are starting to collapse and their requiring replacement, drilling company Geomech Africa was contracted to conduct offshore drilling at various South African ports from... 

Report reveals decline in entrepreneurial activity in South Africa post-pandemic

According to the latest ‘2023 Global Entrepreneurship Monitor South Africa’ (GEM SA) report, released on February 1, South Africa’s early-stage entrepreneurial activity has declined to below... 

World Bank, DBSA report highlights local SDG requirements

Closing South Africa’s Sustainable Development Goals (SDGs) gap will require significant infrastructure and related spending, informed by the right objectives and relevant metrics, a joint study by... 

Shoprite Foundation launches robotics labs at KwaZulu-Natal high schools

As part of the first phase of a programme to provide technology support for various schools around South Africa, the Shoprite Foundation launched two fully equipped robotics laboratories at the... 

Food distributor welcomes chicken import rebates but warns of supply chain issues

The International Trade Administration Commission (Itac) confirmed on January 25 that it is lifting punitive tariffs on imported chicken as a response to the impacts of the Highly Pathogenic Avian... 

Canmax agrees to carry-over of outstanding payments by Premier

Aim-listed Premier African Minerals reports that Canmax Technologies has agreed that $3-million owed to it by Premier be carried forward. The payments relate to Premier’s failure to deliver at... 

Hino SA introduces new financing package for truck-tractor models

Japanese commercial vehicle manufacturer Hino South Africa has announced the introduction of a new Guaranteed Future Value (GFV) Plan on the Hino 700 2841 and 2845 truck-tractor models, Hino South... 

Sierra Rutile to suspend Area 1 operations, Sembehun receives ESHIA

The Environmental Protection Agency of Sierra Leone has approved the environmental, social and health impact assessment (ESHIA), the associated environmental, social and health management plan... 

Blencowe receives letter of interest from US International DFC

UK-headquartered graphite developer Blencowe Resources has received a formal Letter of Interest (LoI) from the US International Development Finance Corporation (DFC), in which the DFC has indicated... 

QRC notes increase in women working in mining

The number of women working in trade positions in Queensland’s resources sector jumped by almost 40% in the last financial year and now accounts for a record 13% of all trade roles, the Queensland... 

AMIE welcomes rebates for boneless, bone-in chicken product imports

The Association of Meat Importers and Exporters of Southern Africa (AMIE) has welcomed the decision by Trade, Industry and Competition Minister Ebrahim Patel and the International Trade... 

Old Mutual Insure, UK specialist partner to address flood risk in South Africa

South African insurance provider Old Mutual Insure has entered into a strategic partnership with UK-based flood science specialist JBA Risk Management to address flood risk in South Africa. The... 

Multotec wins SACEEC Exporter of the Year Award

Mineral processing equipment supplier Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a turnover of... 

New ventilation shaft holes out safely

Underground mining contractor Murray & Roberts Cementation and its client Palabora Mining Company (PMC) this month celebrated the last blast at the new ventilation shaft at the Lift II project,...