Kibo subsidiary progressing Pyebridge asset

Kibo Energy’s subsidiary, Mast Energy Developments (MED), has received official confirmation that its Pyebridge 9 MW flexible power generation asset in England has passed its satisfactory... 

Sayurie Naidoo appointed Amplats CFO, executive director

JSE-listed Anglo American Platinum (Amplats) has appointed Sayurie Naidoo as CFO and executive director, with effect from May 1. Naidoo, who has been serving as the acting CFO since Craig Miller... 

Volt progresses programmes with customers for Tanzania project

ASX-listed Volt Resources has provided shareholders with an update on the progress at its Bunyu graphite project, in Tanzania. As reported in January, graphite concentrate from the project was... 

West African on track to meet full-year guidance following solid first quarter

Unhedged gold mining company West African Resources’ Sanbrado mine, in Burkina Faso, produced 56 595 oz of gold at an all-in sustaining cost (AISC) of $1 291/oz in the first quarter of this year.... 

IonicRE raises $5.5m in a placement

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.5-million, before costs, by way of a share placement of about 423-million shares. The placement includes... 

Gemfields releases updated ‘G-Factor for Natural Resources’ figures

London-listed Gemfields has announced updated ‘G-Factor for Natural Resources’ figures for the 12 months to December 31, 2023, and has also once again invited governance bodies, extractive... 

Successes, learnings on employee share ownership plans marked

Employee share ownership plans (ESOPs) or worker share ownership programmes have enjoyed several successes in South Africa, especially gaining traction in the past five years, and this needs to... 

Amaury Vadon appointed MD of Michelin sub-Saharan

Mobility company Michelin in South Africa has appointed Amaury Vadon as its new sub-Saharan Africa MD, effective April 1. Originally from France, Vadon brings considerable experience and a proven... 

M&R’s TNT awarded EPC contract in South America

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 

Zambian claimants get permission to appeal class action lawsuit against Anglo American

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 

South Africa must commit to, accelerate reforms to achieve growth – BLSA

Last week’s ‘World Economic Outlook’ (WEO) published by the International Monetary Fund (IMF) was a reminder of how far South Africa is from the kind of economic performance it should achieving as... 

Base Resources, Energy Fuels to merge, create enhanced critical minerals company

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 

John Deere continues focus on innovation, technology

Equipment manufacturer John Deere South Africa will continue to focus on pursuing innovation on its machines and technology as it looks to strengthen its footprint in Africa. This was outlined by... 

Orion shares placed on a trading halt ahead of April 22 announcement

JSE- and ASX-listed Orion Minerals has requested an immediate trading halt to be placed on its securities, pending the release of an announcement in relation to exploration results at its Okiep... 

PPS highlights good value return to members in challenging 2023

The Professional Provident Society (PPS), the financial services group focused solely on providing customised financial services solutions for graduate professionals in South Africa and Namibia,... 

Report questions role of CCUS in steel decarbonisation

A new report by the Institute of Energy Economics and Financial Analysis (IEEFA) has shown that carbon capture use and storage (CCUS) is unlikely to play a major role in steel decarbonisation... 

Sedna, Haivision partner to bring video solutions to African mines, industry

African technology innovator Sedna Industrial IT Solutions has partnered with video networking and visual collaboration solutions provider Haivision to bring industrial and mining command control... 

Wind industry achieves record year, but more work required to reach renewables target

The global wind industry installed a record 117 GW of new capacity in 2023, making it the best year ever for new wind energy, the Global Wind Energy Council (GWEC) states in its ‘Global Wind Report... 

Marula progressing activities at Kenyan mine

AQSE-listed Marula Mining is progressing mining and processing activities at the Larisoro manganese mine, located in Samburu County, in northern Kenya. As announced last month, the company has... 

Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 

Afrimat to report higher full-year earnings

JSE-listed Afrimat expects to report a 21% to 26% year-on-year increase in headline earnings a share to between 553.6c and 576.5c for the financial year ended February 29. Earnings a share are also... 

Treasury extends deadline for Budget Facility for Infrastructure submissions

The National Treasury has extended the deadline for submissions to the Budget Facility for Infrastructure (BFI) to May 17 to allow more time for project sponsors to package and submit their... 

Aura, Curzon agree to restructure Tiris offtake agreement

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 

Experts proffer suggestions for South Africa's green hydrogen projects to secure financing

There is sufficient funding available for South Africa to progress its green hydrogen objectives, however, certain elements need to be addressed for this to materialise. This was outlined by... 

Speakers outline opportunities for PGMs in the hydrogen market

Hydrogen could play a key role in addressing South Africa’s pressing energy challenges and platinum group metals (PGM) will have a pivotal role to play in the hydrogen economy, as the metals are a... 

Speakers outline green hydrogen challenges, infrastructure hurdles

South Africa’s green hydrogen economy faces complexities and challenges, both upstream and downstream, and this requires technological disruption and commitment beyond the current value chain. This... 

Marula progressing sales agreements for Blesberg by-products

Africa-focused mining and development company Marula Mining is now progressing sales agreements with Fujax UK and a number of other parties in South Africa for the sale of the by-product minerals... 

Kumba’s Sishen, Kolomela iron-ore operations perform highly in responsible mining audit

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 

CDE criticises govt’s lack of ambition in its job creation strategy

South Africa faces an unemployment crisis, and the African National Congress’ (ANC’s) manifesto promise of 3.5-million work opportunities, is considerably inadequate to address this, independent... 

Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 

James Mufara appointed Caledonia COO

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 

DRC, CMOC agree to bolstering Congolese participation at cobalt mine

The Congolese Regulatory Authority for Subcontracting in the Private Sector, or Authorité de Régulation de la Sous-traitance dans le Secteur Privé (ARSP), has announced a new agreement with China’s... 

Tietto delivers record quarterly gold production at Côte d’Ivoire project

West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased... 

Perseus declares its offer for OreCorp unconditional

ASX- and TSX-listed Perseus Mining has declared that its off-market takeover bid offer for all the current and to be issued ordinary shares in ASX-listed OreCorp is now unconditional, and best and... 

Red Rock provides updates on DRC arbitration, Burkina Faso project

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 

Western Cape ideally positioned to capitalise on growing adventure tourism, report posits

The Western Cape is poised to emerge as a global hub for adventure tourism, a niche within the global tourism sector that is anticipated to be valued at $4.6-trillion by 2032, a recent report by... 

West African achieve solid first quarter production

ASX-listed unhedged gold mining company West African Resources  produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a... 

Nersa approves revised NRS electricity loadshedding code of practice

The National Rationalised Specifications (NRS) Association of South Africa has announced the approval of the NRS 048-9, Edition 3, Electricity Supply – Quality of Supply: Code of Practice (NRS CoP)... 

Sucher to step down as CFO of DRA Global

JSE- and ASX-listed multidisciplinary engineering, project delivery and operations management group DRA Global CFO Michael Sucher has decided to step down from his role to pursue other... 

Newlyn launches R3.4bn multimodal rail terminal at Durban port

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and...