Standard Bank mobilises debt fund to support sustainable infrastructure in Africa

Financial services firm Standard Bank has committed to Acre Impact Capital’s Export Finance Fund I to support the financing of sustainable projects in Africa. Acre Impact Capital manages Export... 

Tetra Pak’s Pinetown plant reopened after R500m upgrade

Food processing and packaging solutions company Tetra Pak has reopened its newly renovated factory in Pinetown, KwaZulu-Natal, following an investment of about R500-million. The investment was... 

Perseus expects strong operating performance to continue

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 

Ironveld enters facility agreement with Tracarta

Aim-listed mining development company Ironveld has entered into a further working capital loan facility agreement with shareholder Tracarta, in which Ironveld chairperson John Wardle has a... 

Dr Surinder Ghag appointed Sovereign chief technology officer

Aim- and ASX-listed Sovereign Metals has appointed graphite and battery anode specialist consultant Dr Surinder Ghag as chief technology officer of graphite. Ghag will assist Sovereign's graphite... 

Unctad calls for innovative investment strategies as global crises fracture foreign investment

Amid the complex landscape of global foreign direct investment (FDI), the United Nations Conference on Trade and Development (Unctad) has called for innovative investment strategies to foster... 

Imameleng Mothebe appointed AMIE CEO

Imameleng Mothebe has been appointed as the new CEO of the Association of Meat Importers and Exporters of Southern Africa (AMIE) as of May 2. She will succeed outgoing CEO Paul Matthew. 

Globeleq acquires 48.3% interest in Egypt solar plant

Independent power company Globeleq has completed the acquisition of a 48.3% equity stake in the 25 MW Winnergy solar photovoltaic (PV) plant in Egypt from Enerray, Enerray Global Solar... 

Kumba’s first-quarter sales fall 10% on port challenges

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 

Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 

Tabula launches ESG-focused exchange-traded commodity

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 

Merafe reports 26% y/y decrease in first-quarter ferrochrome production

JSE-listed Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. This represents a 26% decrease... 

Major global utilities announce joint intent to scale renewables capacity by 2030 

The Utilities for Net Zero Alliance (Uneza) has adopted a roadmap to 2030, targeting a total increase of renewable energy capacity within their portfolios to 749 GW by 2030, an increase of 2.5... 

Pensana seeks to extend $15m loan facility

Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension... 

GoviEx in talks with Niger govt on Madaouela start date

TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium... 

Goldplat receives generators for its South African operations

Aim-listed Goldplat reports that diesel generators have arrived at its operations in South Africa, and that their commissioning will be finalised by the end of April. The company points out that,... 

Hancock Prospecting sells stake in Catalyst Metals

ASX-listed Catalyst Metals reports that the entire remaining substantial shareholding held by Hancock Prospecting in Catalyst Metals’ ordinary shares has been acquired by directors and senior... 

EMP Metals begins operations at direct lithium extraction pilot plant

Canadian lithium exploration and development company EMP Metals has, in partnership with Koch Technology Solutions and Saltworks Technologies, started commissioning its direct lithium extraction... 

Reunion Gold signs mineral agreement with Guyana govt for Oko West project

TSX-V-listed Reunion Gold has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission that provides the company, and its 100%-owned Guyanese... 

Xanadu engages Bacchus Capital as strategic, project funding adviser

ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold... 

Autocast to benefit from renewables deal with Etana Energy

Cast and machined components supplier Autocast South Africa is the first of more than 30 of Nelson Mandela Bay’s largest electricity users to benefit from a renewable power supply deal with... 

World Bank, AfDB seeks to provide more Africans with electricity by 2030

The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.  The World Bank Group will work... 

Centamin confident of increasing production in the quarters ahead

LSE- and TSX-listed gold miner Centamin reports that the scheduled processing of lower-grade ore from the Sukari openpit, alongside the planned underground ventilation upgrades and mill maintenance... 

CSIR joins international science community to improve understanding of ocean metabolism

The Council for Scientific and Industrial Research (CSIR) has recently joined a new global research programme focused on improving understanding of the future state of the oceans under various... 

IWMSA stresses importance of combatting plastic pollution

Amid an increasing need to combat plastic pollution, the Institute of Waste Management of Southern Africa (IWMSA) highlights the need for concerted efforts to combat plastic pollution in South... 

West African reports high-grade gold mineralisation at Burkina Faso deposit

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling within the main lode at the M1 South (M1S)... 

Janse van Rensburg to succeed retiring Arbee as Motus CEO in November

Osman Arbee will be retiring as CEO of automotive group Motus, with effect from October 31, and will be succeeded by the group’s CFO Ockert Janse van Rensburg, with effect from November 1. Having... 

Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa

Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine,... 

Calgro M3 boosts stability with Rustenburg Memorial Parks expansion

JSE-listed Calgro M3 Holdings – an entity specialising in integrated residential developments and memorial parks – is expanding its Memorial Parks division with the acquisition of a new park in... 

Sappi Southern Africa achieves feed safety assurance certification for Pelletin

Renewable woodfibre-based products company Sappi Southern Africa has achieved a GMP+ Feed Safety Assurance (FSA) 2020 certification for Pelletin, a lignin-based animal feed additive, making Sappi... 

IIoT a potential solution for mitigating illegal connection challenges

Illegal connections are one of the leading causes of electricity-related injuries and deaths in South Africa, while also posing a risk of fires and electrocutions in communities. It also adds to... 

Public consultation key part of law development, but often overlooked – Mavuso

Following last week’s withdrawal of proposed new visa regulations that would have eased the way for skilled workers to come to South Africa, business organisation Business Leadership South Africa... 

Europe needs global partnerships to meet green hydrogen demand

Amid a global focus on driving a just energy transition, local and international collaboration initiatives on green hydrogen remain important, speakers highlighted during the Hydrogen Economy... 

Creecy stresses need for enviro protection while growing biodiversity economy

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 

Venture capital investments decline amid sociopolitical, economic uncertainties

Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant... 

Symposium highlights importance of supporting SMMEs, DMRE to provide funds

Amid several challenges facing the South African mining sector, such as loadshedding and logistics constraints, small, medium-sized and microenterprises (SMMEs) are crucial for the growth of the... 

Interwaste launches R100m leachate, effluent treatment plant in Delmas

Waste management company Interwaste on April 10 launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company says the plant is the first of its kind in South... 

Transnet Pipelines welcomes sentencing of two fuel thieves

State-owned Transnet Pipelines has welcomed the conviction of two fuel theft perpetrators by the Newcastle regional court, in KwaZulu-Natal, on April 8. This follows an operation conducted by the... 

Hyphen deploys MetMasts to model energy yield for Namibia green hydrogen project

Green hydrogen development company Hyphen Hydrogen Energy is investing €2-million on its MetMast Measuring Campaign, which makes use of meteorological masts (MetMasts) to precisely model the energy... 

Nordex increases its generation capacity in South Africa

Turbine manufacturer Nordex Energy South Africa (NESA) says an additional 830 MW of operational capacity will start feeding into South Africa’s energy grid by mid-2025. The company on April 9...