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Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
Marula starts extensive community engagement for two Tanzanian projects
London-listed Marula Mining has started with a community engagement process at the Nyorinyori and NyoriGreen graphite projects, in Tanzania, through its wholly-owned subsidiary Marula Mining...
World Bank makes $100m in financing available for African climate research
The World Bank will make $100-million available to the Consortium of International Agricultural Research Centres (CGIAR) through the bank’s International Development Association (IDA) as part of...
Nersa grants three electricity distribution licences in the Free State
The National Energy Regulator of South Africa (Nersa) has granted three licences to Klipfontein Solar Facility, Lieliehoek Solar Facility and Sonoblomo Solar Facility for the operation of...
M&R Cementation, PMC reach one-million fatality-free hours on expansion project
Underground mining contractor Murray & Roberts (M&R) Cementation has reached one-million fatality-free hours at its vent shaft contract on the Palabora Mining Company (PMC) Lift II expansion...
ACI dips to levels last seen at start of Covid-19 as industry buckles under challenges
The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) deteriorated by ten points to 40 in the fourth quarter of the year. Notably, Agbiz...
Sunward expands presence in South Africa with new distribution, service centre
Drilling, earthmoving and construction equipment supplier Sunward South Africa has unveiled its dedicated distribution facility in Jet Park, Boksburg, to serve the Southern African mining and...
PepsiCo fund invests in agri-tech platform
Multinational food and beverage group PepsiCo has announced an investment by its independent fund Kgodiso Development Fund into agri-tech company Khula! To support sustainable finance and market...
Australian Mines diversifies battery metals portfolio
ASX-listed Australian Mines (AUZ) has acquired two highly prospective exploration projects in Brazil for $1.1-million – the Jequie rare earths and Resende lithium projects. The projects are...
Sanlam buys in on Sappi, Alien Fuel Group biomass-to-energy project
Asset manager Sanlam Investments will invest R46-million in a joint venture (JV) biomass-to-energy project between energy company Alien Fuel Group and pulp, paper and packaging manufacturer Sappi...
Bakubung employees undertake illegal sit-in in latest blow to Wesizwe
JSE-listed Wesizwe Platinum says employees have embarked on an illegal sit-in at the Bakubung platinum mine, in North West, since the morning of December 6. Employees chose not to return to...
Power Minerals nears offtake, funding agreement with Xiamen on Argentina project
Australia-listed Power Minerals is on the cusp of signing a binding offtake, funding and logistics agreement with Shanghai-listed Xiamen Xiangya New Energy for the Salta Lithium project, in...
McEwen increases stake in Goliath to 5%
Prominent mining company owner Rob McEwen will increase his stake in TSX-V-listed Goliath Resources by completing a private placement for 1.42-million shares, resulting in him owning 5% of the...
Newmont pours 8 000th gold doré bar
Colorado-based Newmont Corporation’s Musselwhite mine, in Ontario, has reached the milestone of pouring its 8 000th gold doré bar since the mine started with commercial production in 1997. The...
Australian science agency launches green hydrogen production facility
Australia’s national science agency Commonwealth Scientific and Industrial Research Organisation (CSIRO) has launched a $2.5-million green hydrogen refuelling station at CSIRO’s Clayton site, in...
Gold Royalty invests $31m in Brazilian gold project
Precious metals royalty and streamlining company Gold Royalty has announced it will provide $31-million in project financing to Canadian miner Aura Minerals for the Borborema gold project, in...
Greater govt support for multimodal efficiencies needed, experts agree
The cost of logistics in South Africa has increased significantly in the last eight years to about R800-billion a year at present and accounting for half of all products’ inherent costs. This...
Agbiz optimistic about market expansion with addition of new Brics members
With more countries to become members of the Brazil, Russia, India, China and South Africa (Brics) grouping, the South African agricultural industry will seek to deepen trade with these countries,...
First Quantum, Mimosa to fast-track Zambia project
Mining and metals company First Quantum Minerals (FQM) and Mimosa Resources (Mimosa) have signed a revised Kashime Development Agreement, which is a joint commitment to fast-track the development...
BMI unpacks key mining, metal trends forecast for 2024
Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth...
Edison upgrades valuation forecast for Pan African Resources
Financial advisory Edison Group has upgraded its confidence in Pan African Resources after the company posted higher production expectations for the 2024 financial year and as a result of it having...
Sappi gains verification for high social, labour initiatives at Saiccor Mill
JSE-listed paper and packaging manufacturer Sappi has completed a verification of the Higg Facility Social and Labour Module (FSLM) at its Saiccor Mill in South Africa, achieving a final score of...
BLSA says SOE audits remain cause for concern this year
While national and provincial government has made strides in improving financial management, there is also a concerning increase in entities that simply do not complete audits, says Business...
Anglo launches digital provenance solution
Diversified miner Anglo American has launched a digital traceability solution called Valutrax, which is designed to provide customers with greater assurance about the provenance of the products...
Copper 360 unpacks expanded production plan for Rietberg
JSE-listed emerging miner Copper 360 is poised to ramp up production quickly albeit at higher costs than originally planned, having redesigned its mine plan for the Rietberg mine, in the Northern...
Stanlib launches country’s first dedicated energy transition asset investment fund
Specialist investment manager Stanlib has launched the Khanyisa Energy Transition Fund (KETF) to spark investment in energy transition assets. Khanyisa, meaning “to illuminate”, is a range of...
Fairvest posts income growth, lower vacancies
JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company...
Agriculture records good year of income, jobs growth in 2022
Statistics South Africa (Stats SA) finds in its latest Agriculture Survey for 2022 that the sector generated R450-billion in income for the year, compared with R404-billion in income generated for...
Ionic receives support towards mining licence grant in Uganda
ASX-listed Ionic Rare Earths Limited says its Ugandan subsidiary now has land access agreements in place for 95% of the mining licence area for the Makuutu rare earths project. Owing to support...
Exxaro expects lower full-year volumes, but stable demand
Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast...
Delta reports lower interim rental income, but also lower expenses
Real estate investment trust (Reit) Delta Property Fund has reported lower rental income of R573-million in the six months ended August 31, largely owing to a decline in contractual rental income...
Ivanhoe discovers more high-grade copper to the west of Kamoa-Kakula
TSX-listed Ivanhoe Mines has made a high-grade copper discovery to the west of its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The discovery was made on joint venture licences...
Red Rock granted second exploration licence in Côte d'Ivoire
Gold, copper, cobalt and lithium developer Red Rock Resources’ subsidiary in Côte d'Ivoire has been issued a second licence in the country covering 380 km2 in an area south of Yamoussoukro. The...
Bureau Veritas goes off-grid at lab in Cape Town
Global testing, inspection and certification body Bureau Veritas has installed a solar power plant at its AgriFood Laboratory, in Cape Town, to enable operations to continue without reliance on the...
Southern Palladium brings Baxter on board as chairperson
ASX- and JSE-listed Southern Palladium has appointed Roger Baxter as nonexecutive chairperson, effective January 1, 2024. Baxter had been CEO of the Minerals Council South Africa for eight years...
Busa, B4SA raise deep concerns over lack of due process on NHI adoption
Business Unity South Africa (Busa) and Business for South Africa (B4SA) have written to the National Council of Provinces (NCOP), as well as to Deputy President Paul Mashatile to raise their deep...
Families of unlawfully convicted engineers plead with Dirco to ramp up bilateral efforts
It has been more than nine months since Frik Potgieter and Peter Huxham were arrested on fabricated charges in Equatorial Guinea, with their families urging the South African government to step up...
S&P’s upgrades Eskom’s ratings on the back of govt bailouts
State-owned power utility Eskom’s long-term issuer credit rating has been upgraded to ‘B’ from ‘CCC+’ with a stable outlook on the group’s senior secured and senior unsecured debt. Ratings agency...
Perseus lifts stake in OreCorp to 19.9% ahead of vote on takeover by Silvercorp
ASX- and TSX-listed Perseus Mining has increased its interest in Tanzanian gold miner OreCorp from 15.03% to 19.9%. OreCorp owns the Nyanzaga gold project in northwest Tanzania, which has a...
Lhyfe to build green hydrogen site at French port
The Nantes Saint-Nazaire port, in France, has awarded a tender to Paris-listed green hydrogen producer Lhyfe to develop an industrial production and distribution site in Montoir-de-Bretagne. The...
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