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Darren Parker is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.
IMF, AfDB urge African countries not to borrow against their natural resources
The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group (AfDB) urging countries in Africa to stop borrowing loans backed by their natural...
Balwin opens newly built dual carriageway in Pretoria
JSE-listed Balwin Properties inaugurated a newly built dual carriageway on October 6. It is hoped that the new carriageway will alleviate traffic congestion in the Hazeldean area in Pretoria East....
Chevron, Astron extend use rights, debrand agreements
Energy companies Chevron Brands International and Astron Energy have entered into an agreement to extend the existing Caltex use rights and debrand agreements for South Africa and Botswana until...
Ministerial meddling in SOE leadership sparks dysfunction – BLSA
Business Leadership South Africa (BLSA) CEO Busi Mavuso has voiced her concern over Ministerial meddling in State-owned enterprise (SOE) leadership decisions. “Good governance starts with a board...
Arnold, Mkatshana to step down as ARM directors
JSE-listed African Rainbow Minerals (ARM) has announced several changes to its board and the composition of two ARM board committees. After serving as a nonexecutive director for five years and FD...
Rail industry needs all hands on deck if it is to be saved – industry association
The resignation of Transnet Freight Rail (TFR) CEO Siza Mzimela just days after Transnet group CEO Portia Derby announced that she will be stepping down has highlighted the urgent need for key...
Kazera completes Walviskop trommel screening plant manufacture
Aim-listed investment company Kazera Global has reported that the manufacturing of a trommel screening plant at its Walviskop Heavy Mineral Sands (HMS) project, in Alexander Bay, in South Africa’s...
Power Metal confirms belief in Molopo Farms nickel potential
Aim-listed Power Metal Resources has confirmed that its Molopo Farms Complex (MFC), in southwestern Botswana, has the required geological ingredients to host a significant nickel deposit, as found...
Salba welcomes ban on duty-free alcohol, tobacco sales to foreign diplomats
The South Africa Liquor Brand Owners Association (Salba) has welcomed Finance Minister Enoch Godongwana’s amendment to the Customs and Excise Act and Value-Added Tax Act, banning the duty-free sale...
Woolworths lauded for its SDG successes at sustainability awards
Retailer Woolworths took home the Sustainable Development Goals (SDG) Champion award, which recognises the organisation with the most comprehensive and impactful overall contribution towards the...
Rare earths miner gets UK govt grant
London-listed rare earths miner Pensana, working in partnership with electric vehicle company Polestar, sustainability advisory firm Route2 and the universities of Leeds and Hull, has been awarded...
Maxus launches commercial EV dealership in Pretoria
Chinese electric vehicle (EV) manufacturer Shanghai Automotive Industrial Corporation (SAIC) has appointed South African dealer and distributor Maxus to market and sell its commercial EVs. The...
Futurelife opens new R75m manufacturing facility in Dube TradePort SEZ
South African health foods manufacturer Futurelife, wholly owned by food and beverage company PepsiCo South Africa, has opened its new manufacturing facility in the Dube TradePort special economic...
Busa ‘gravely concerned’ about UIF dysfunction
Nonprofit organisation Business Unity South Africa (Busa) says it is “gravely concerned” about the systemic dysfunction at the Unemployment Insurance Fund (UIF), which it believes is putting the...
Education key to changing the fortunes of South Africans
University of the Free State Chancellor, Johannesburg Business School Professor of Practice, Bidvest Group and SBV Services chairperson and World Economic Forum Community of Chairpersons member...
Sustainability reporting to be even more ubiquitous going forward
The International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB) board member Dr Ndidi Nnoli-Edozien has emphasised the undeniable ongoing...
Small diamond mining industry in sharp focus at symposium
Raising the profile of small-scale and artisanal diamond miners by fostering stronger networks, investing in future talent and addressing the industry's challenges were key focus points for the...
Karo Mining updates shareholders on mine construction, management changes
London- and JSE-listed Tharisa Mining subsidiary Karo Mining, in Zimbabwe, has confirmed that the first concrete pour at the Karo mining project took place in June after construction of bulk...
WSP helps Black Mountain Mining office achieve net-zero rating
Mining company Vedanta Zinc International, which owns Black Mountain Mining (BMM) in South Africa, appointed consulting firm WSP in Africa’s sustainability specialist consultants to assist in...
Dunlop proceeds with R1.7bn investment in Ladysmith tyre factory
Tyre manufacturer Dunlop is forging ahead with a R1.7-billion investment project at its factory in Ladysmith, KwaZulu-Natal, with the backing of its Japan-based parent company Sumitomo Rubber...
Wits Mining Institute lays out challenges in local mining industry, way forward
Overcoming the numerous challenges faced by the South African mining industry and ensuring its long-term sustainability and growth will require turning research curiosity into improved performance,...
Mining industry urged to embrace technological disruptions
Diversified miner Sibanye-Stillwater innovation head Alex Fenn has challenged the perception that the mining industry is resistant to change and disruption from technological advancements, noting...
Seriti's Teke defends his dual belief in coal and renewables
Coal mining company Seriti Resources CEO Mike Teke has hit back at critics who have labelled his desire to invest in renewable energy while being a coal advocate as contradictory. Speaking at the...
Bad weather causes major disruptions on TFR’s Cape Corridor
State-owned rail company Transnet Freight Rail (TFR) has announced that it is experiencing significant disruptions to rail services on some parts of the Cape Corridor as a result of severe weather...
Oriole thinks Wapouzé should be mined for clinker, not gold
Aim-listed exploration company Oriole Resources has announced that it has formally submitted a request to alter the designation of the Wapouzé licence area, in Cameroon, from its original focus on...
Wesizwe warns of increased interim loss
JSE-listed platinum miner Wesizwe has warned shareholders that a reasonable degree of certainty exists that, for the six months ended June 30, the company will report a loss of between 59.22c and...
Aton seeks to raise C$3m in private placement
TSX-V-listed Aton Resources has announced that it is initiating a nonbrokered private placement to generate potential proceeds of up to C$3-million. The net revenue obtained from the private...
Appian appoints new head of Africa
Mining-focused investment advisory firm Appian Capital Advisory has announced the appointment of its new Africa head Khathutshelo Mapasa. Based in Johannesburg, South Africa, Mapasa will fill the...
Rainbow Rare Earths issues 30m new shares to raise £4.5m
London-listed Rainbow Rare Earths has conditionally agreed to issue 30-million new ordinary shares in the company, each with no par value, at a price of 15p an ordinary share. This issuance is...
Saldanha iron-ore terminal to shut for maintenance
The Saldanha Iron Ore Terminal (IOT) will begin its 28-day yearly maintenance shutdown on September 28. During this period, the terminal will perform maintenance on its major equipment across...
Nithio invests in farming and irrigation technology
African energy finance platform Nithio has invested in solar irrigation and farming technology solutions company SunCulture. The investment was made through Nithio investment vehicle Nithio FI,...
Sasol moves to improve coal quality, completes study for new destoning unit
JSE-listed energy group Sasol has confirmed that its planned new destoning unit, which has the potential to improve the quality of coal at its mines, will be on line towards the end of 2025 or...
Sasol’s plans to replace coal with LNG put on hold
JSE-listed energy company Sasol has placed on hold the implementation of its planned additional gas reforming capacity at its Secunda plant, in Mpumalanga. Speaking at an investor site visit on...
MC Mining revenue nearly doubles
JSE listed MC Mining has reported a significant decrease in its aftertax loss for the year ended June 30, thanks to a marketing agreement that has paved the way for lucrative opportunities in the...
Global lead mine output reaches pre-Covid-19 levels, but slow growth expected
Global lead mine output successfully rebounded to the pre-Covid-19 peak of 2019 in 2022, according to recent data published by research firm BMI, a Fitch Solutions company. The report, titled...
Hello Pay provides free business insurance, emergency response services to customers
Integrated consumer and business services company Hello Group’s merchant terminal service Hello Pay, which provides small businesses and spaza shops with digital payment access, has embedded...
Great Southern Copper takes over Monti lithium project in Chile
London-listed Great Southern Copper (GSC) has executed a binding term sheet for the Monti lithium project, located in the Salar de Atacama district of Chile. The Monti lithium project comprises 81...
More drilling planned at Shinganda copper, gold mine
Up to 2 000 m of diamond drilling is expected to start soon to test multiple shallow copper/gold targets along, and parallel to, the Shinganda Splay Fault at London-listed Galileo Resources'...
Pensana, partners win grant to develop sustainable rare earths supply chain
London-listed rare earths miner Pensana, working in partnership with electric vehicle company Polestar, sustainability advisory firm Route2 and the universities of Leeds and Hull, has been awarded...
Capital secures major Nevada gold mining contract
London-listed mining services company Capital has announced the award of a significant drilling contract in Nevada, in the US, along with associated rig purchases, as well as an update on the...
PPC reports 5% y/y growth in South Africa and Botswana cement business
The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on...
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