MQA looking to get fourth clean audit in a row next year

The Mining Qualifications Authority (MQA) is expecting another clean audit for the 2023/24 financial year ending March 31 next year, after having received unqualified audit outcomes with no... 

41 mining fatalities recorded so far in 2023

There have been 41 fatalities in the South African mining industry to date this year, Mine Health and Safety Council mining relations programme manager Brian Ncube said at the Mining Qualifications... 

Mine closure lacks adequate social integration – research

New research on mine closures in South Africa has shown that there remains a lack of integration of social development, which continues to pose a risk to long-term regional development beyond... 

More than 40% of African financial institutions want single African currency – survey

News publication African Business and the Pan-African Private Sector Trade and Investment Committee (Paftrac) have jointly launched the third yearly Paftrac Africa CEO Trade Survey, which showed... 

Petroleum industry significantly impacted on by loadshedding

The South African Petroleum Industry Association (Sapia) says the ongoing loadshedding crisis has significantly impacted on its members, with widespread power outages affecting various sectors of... 

Sibanye launches $500m bond offering

Metals and mining multinational Sibanye-Stillwater’s indirect wholly-owned subsidiary Stillwater Mining Company has launched an offering of $500-million senior, unsecured, guaranteed convertible... 

IonicRE to raise $5.9m through share placement

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.9-million by way of a share placement of about 281-million fully paid ordinary shares at an issue price of $0.021.... 

Zero Carbon Charge breaks ground on solar-powered EV charging network

Electric vehicle (EV) charging station developer Zero Carbon Charge has broken ground on its first 100% renewable energy charging station in Wolmaransstad, in the North West, in what is to become... 

Blyvoor reports R58m contribution to South Africa’s economy

Gold miner Blyvoor Gold has reported that it has made a R58-million economic contribution amid persistently high gold prices, steadily growing gold output and improved operational efficiency at the... 

Cabinet approves R2.1bn to fight illegal mining, organised crime

Cabinet has approved the allocation of R2.1-billion in the criminal asset recovery account to provide aid in the fight against illegal mining and other organised crimes in South Africa. “Illicit... 

Cabinet approves Just Energy Transition Implementation Plan

Cabinet has approved the Just Energy Transition Implementation Plan (JET-IP), Minister in the Presidency Khumbudzo Ntshavheni announced in a briefing in Pretoria on November 20. “The implementation... 

More than half of copper cables on TFR's lines replaced with aluminium alternative

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 

DBSA approves $59.6m for Black Rock Mining graphite project

ASX-listed graphite developer Black Rock Mining has received approval from the Development Bank Southern Africa (DBSA) for project debt of up to $59.6-million, which is expected to form part of the... 

Newly launched Utshalo to reconnect non-institutional investors with companies

Investor marketing agency Ince has partnered with investment firm Miller Capital Investments founder Paul Miller to launch financial service Utshalo, which is designed to address challenges faced... 

WDC praises establishment of permanent Kimberley Process secretariat in Botswana

World Diamond Council (WDC) president Feriel Zerouki has said the finalisation of arrangements for the establishment of a permanent Kimberley Process (KP) secretariat in Gaborone, Botswana, in... 

Jupiter eyes solar power at Tshipi

ASX-listed Jupiter Mines has released a strategy outlining the company’s environmental, social and governance (ESG) priorities for 2024, including commitments to launch an ESG reporting framework,... 

Global emissions growing instead of diminishing – survey

The world needs to reduce its emissions by 70% a year until 2030 in order to reach the goal of keeping the global temperature increase to 1.5 °C above preindustrial levels, but global emissions... 

Public hearings for Koeberg life extension to start in February

The National Nuclear Regulator (NNR) will hold public hearings into State-owned utility Eskom's application to extend the operational life of the Koeberg Nuclear Power Station (KNPS) by 20 years,... 

DPWI to standardise infrastructure construction projects to curb corruption

The Department of Public Works and Infrastructure (DPWI) has initiated a comprehensive standardisation programme aimed at streamlining the construction of facilities with similar purposes, such as... 

Tantalex signs lithium offtake agreement with Glencore

Lithium miner Tantalex Lithium Resources has finalised a lithium marketing offtake agreement and convertible facilities agreement, reaching a financial arrangement of up to $5-million with... 

Mkango to build 25 MW of solar at Songwe Hill

Rare earth element (REE) mining company Mkango aims to build three solar photovoltaic plants with a combined capacity of 25 MW at its Songwe Hill project, in Malawi, to provide sustainable... 

South Africa shows economic resilience – Allianz report

According to a new global insolvency report published by credit insurer Allianz Trade, operating in South Africa through the Allianz Commercial licence, economic resilience has been tested and... 

Visa backlogs causing critical skills deficit, undermining economy

A lack of critical skills is holding back the South African economy, Business Leadership South Africa (BLSA) CEO Busi Mavuso has said, adding that the country is not solving the problem as fast as... 

Sipho Nkosi resigns as Sasol chair

Sipho Nkosi has stepped down as chairperson and nonexecutive director of energy and chemicals company Sasol, effective November 10.  His decision to resign emanated from the conclusion that, while... 

NUM to protest mine deaths despite year-on-year decline

The National Union of Mineworkers (NUM) will embark on a protest march this coming weekend as part of a rolling programme of mass action directed at diversified miner Sibanye-Stillwater and gold... 

DBSA stresses importance of Africa Investment Forum

Development finance institution Development Bank of Southern Africa (DBSA) CEO Boitumelo Mosako has attended the Africa Investment Forum (AIF) 2023 alongside origination and coverage group... 

IonicRE expects first product at Makuutu early next year

ASX-listed Ionic Rare Earths (IonicRE) expects it will produce its first mixed rare earth carbonate from its new demonstration plant at the Makuutu rare earths project, in Uganda, early in the... 

Loadshedding results in dip in Goldplat’s South African operating profit

Aim-listed gold recovery company Goldplat has reported a £77 000 year-on-year drop in operating profit for three months ended September 30 – the first quarter of its 2024 financial year – as a... 

Activated carbon, plant optimisation in focus at gold conference

Much focus was placed on the latest advances in the use of activated carbon in the gold recovery process at the Go For Gold Conference, held at Gold Reef City, in Johannesburg, this week. ​​The... 

Corruption threatens democracy itself, Ramaphosa says

President Cyril Ramaphosa has said the "rampant and unbridled corruption" that has gutted the South African economy over the past few decades is not just a threat to the economy, but also to the... 

Uber introduces electric scooters as part of decarbonisation effort

Ridesharing and delivery company Uber South Africa has reaffirmed its commitment to become a zero-emissions company by 2040 by introducing its new product offering called Uber Package. Through this... 

BMI’s tin price forecast up $700/t

Market research firm BMI, a Fitch Solutions company, has slightly raised its tin price forecasts for the year from an average of $25 000/t previously to $25 700/t.   This adjustment is driven by... 

Copper focus paramount in energy transition – Tertiary 

Copper miner Tertiary Minerals has reiterated its dogged focus on copper, which it believes is the most important metal in the clean energy transition, being essential in electric vehicles, wind... 

Bushveld reports 19% q/q increase in vanadium production

Vertically integrated vanadium producer Bushveld Minerals has experienced a 19% quarter-on-quarter increase in production for the quarter ended September 30, resulting in what CEO Craig Coltman has... 

Critical Metals moves from copper explorer to producer

At the release of copper project developer Critical Metals’ results for the financial year ended June 30, the company celebrated its transformation from an explorer to a fully-fledged copper... 

Sasol defends disclosure of potential decarbonisation shortcomings as responsible corporate citizenship

Energy and chemicals company Sasol has taken exception to nonprofit organisation Just Share accusing it of shirking its responsibility to meet its previously stated goal of reducing its... 

De Beers, NUM sign five-year wage deal

Diamond mining company De Beers has signed a five-year wage agreement with the National Union of Mineworkers (NUM) following months of negotiations facilitated by the Commission for Conciliation,... 

Mintek introduces new water filtering membrane technology

National mineral research organisation Mintek has introduced its NICMeR membrane, developed in collaboration with the Department of Science and Innovation’s Nanotechnology Innovation Centre (NIC),... 

Ancient diamonds give researchers insight into continental drift

New insights into the processes of continental evolution and movement during the early stages of complex life on Earth have been revealed by the examination of ancient, superdeep diamonds that were... 

Kamoa-Kakula shown to produce least carbon intensive copper globally

An updated current and future greenhouse-gas (GHG) emissions assessment of the Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), conducted by independent consultants Skarn...