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Global Atomic upsizes offering to C$50m
3rd March 2023 By: Mariaan Webb

Toronto-listed uranium development company Global Atomic on Thursday announced an increase in the size of its previously announced bought deal prospectus offering from C$25-million to C$50-million,... 


Nuru receives additional $1.5m for solar PV in the DRC
3rd March 2023 By: Darren Parker

The Democratic Republic of the Congo's (DRC’s) first solar photovoltaic (PV) metrogrid developer Nuru has secured an initial $1.5-million from investors in a convertible note round ahead of the... 


Image of graphite samples from the Lindi Jumbo project
Lindi Jumbo graphite project, Tanzania – update
3rd March 2023 By: Sheila Barradas

Walkabout Resources has reached an agreement with earthmoving and civils contractor TNR that will allow for the completion of the earthworks and civils portion of the Lindi Jumbo graphite mine. 


Walkabout secures civil deal in Tanzania
28th February 2023 By: Esmarie Iannucci

ASX-listed Walkabout Resources has reached an agreement with earthmoving and civils contractor TNR that would allow for the completion of the earthworks and civils portion of the Lindi Jumbo... 


URA completes acquisition to take ownership of extensive Gravelotte mine
27th February 2023 By: Donna Slater

LSE-listed diversified explorer URA has completed the acquisition of 100% of the issued shares in Gem Venus Holdings – the owner of the majority interest in the Gravelotte emerald mine, in South... 


Weir Warman image
Weir Minerals Africa
24th February 2023

Weir Minerals Africa is the market leader in slurry handling equipment and has an unrivalled installed base of its Warman centrifugal slurry pumps across Africa.  


Image shows a Rio hard hat at a mine site
Commodity prices take a bite out of Rio profit
22nd February 2023 By: Esmarie Iannucci

Diversified major Rio Tinto has seen its profit after tax fall by 41%, while underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) decrease by 30% for the full year... 


Teck Resources will change its name to Teck Metals and spin off its steelmaking coal business into Elk Valley Resources.
Teck to spin off coal business into Elk Valley Resources
21st February 2023 By: Mariaan Webb

Canadian diversified miner Teck Resources on Tuesday announced a sweeping overhaul of its business, which will see it reorganise into two two independent, publicly listed companies. The company... 


an image of the Montepuez ruby mine in Cabo Delgado, Mozambique.
Gemfields has its eye on security measures following Cabo Delgado attacks
21st February 2023 By: Donna Slater

Gemstone miner Gemfields, which has operations in Mozambique and Zambia, has reiterated the emphasis it places on operational personnel's safety in Mozambique following a series of insurgent... 


Atalaya Mining to delist from TSX
20th February 2023 By: Creamer Media Reporter

Spain-focused mining and development company Atalaya Mining has announced that it will delist from the Toronto exchange on March 7, stating that the minimal trading volumes on the TSX does not... 


Image of Australia map and periodic table symbol for lithium
Kwinana lithium hydroxide refinery, Australia – update
17th February 2023 By: Sheila Barradas

Train 1 of the project is in the ramp-up phase. 


Deep-South closes $695 000 tranche of nonbrokered private placement
15th February 2023 By: Tasneem Bulbulia

TSX-V-listed Deep-South Resources has closed the second and final tranche of its previously announced nonbrokered private placement. In the first tranche 4.2-million units were issued at a price of... 


OPEC Fund extends $50m loan to AFC for critical African infrastructure
9th February 2023 By: Tasneem Bulbulia

Globally mandated development institution the OPEC Fund for International Development and multilateral financial institution Africa Finance Corporation (AFC) have signed a $50-million loan... 


AfriSam sets the standard in sustainable business practices
8th February 2023

AfriSam is the long-standing leader of sustainable construction materials manufacturing in South Africa, having reduced its carbon emissions by 33% since 1990, leading the pack in South Africa to... 


Eskom building
The power utility ruining South Africa is a big winner for bondholders
2nd February 2023 By: Bloomberg

South Africa’s Eskom is not very good at keeping the lights on, but it’s providing excellent profits for bondholders. Eskom’s dollar bonds due 2028 — which don’t have an explicit government... 


Mkango and CoTec sign loan and equity investment agreements
1st February 2023 By: Creamer Media Reporter

Dual-listed rare earths developer Mkango Resources said on Tuesday that it had signed definitive agreements with Canada-based mining issuer CoTec Holdings for a £2-million convertible loan, a... 


Vodacom third quarter growth boosted by Vodafone Egypt
31st January 2023 By: Natasha Odendaal

Telecommunications group Vodacom on Tuesday reported a double-digit growth in revenue during the third quarter of the year on the back of its Vodafone Egypt acquisition and rand depreciation... 


Nampak’s share price falls, despite lower proposed rights offer
30th January 2023 By: Tasneem Bulbulia

The JSE share price of Nampak fell by more than 15% on January 30, after the company revealed to shareholders that it was still planning a significant rights offer, although lower than the... 


Trillium Gold takes option on Red Lake claims adjacent to Uchi
30th January 2023 By: Creamer Media Reporter

TSX-V-listed Trillium Gold Mines has signed an option agreement to acquire a 100% undivided interest in 2 541 ha immediately adjacent to, and encompassed by, its Uchi gold assemblage in Red Lake,... 


Business leaders do not trust each others’ climate claims – research shows
26th January 2023

Three quarters of business leaders do not believe their peers’ ESG reporting, according to a new study, showing that a lack of industry trust and verifiable data is driving scepticism. Most... 


Beowulf shares fall on discounted fundraising
25th January 2023 By: Tasneem Bulbulia

Aim-listed Beowulf has announced it will raise £9.1-million in a discounted fundraising to progress the Kallak iron-ore project, in Sweden. The net proceeds from the capital raise, estimated to be... 


FUCHS supports automotive OEMs in the Eastern Cape
25th January 2023

Original Equipment Manufacturers (OEMs) in the automotive industry in the Eastern Cape are serviced by the FUCHS LUBRICANTS SOUTH AFRICA branch in Sidwell, Gqeberha. “Volkswagen is a global... 


Marula set to begin deliveries from Blesberg shortly
24th January 2023 By: Tasneem Bulbulia

AQSE-listed Marula Mining continued on an upward trajectory towards its near-term project development and production milestones across its projects, CEO Jason Brewer says in an update on the... 


Buffalo Coal secures $30m credit facility
23rd January 2023 By: Tasneem Bulbulia

Dual-listed Buffalo Coal’s wholly-owned subsidiary Buffalo Coal Dundee (BCD) has entered into and received approval from the South African Reserve Bank for a secured credit facility agreement dated... 


Sirios affords Sumitomo an earn-in option up to 80% on Aquilon property
21st December 2022 By: Marleny Arnoldi

TSX-V-listed Sirios Resources has signed a property option agreement with Sumitomo Metal Mining Canada, granting Sumitomo an option to acquire up to 80% of the Aquilon gold property, in James Bay,... 


Equus gas headed for NWS
20th December 2022 By: Esmarie Iannucci

ASX-listed Woodside and the North West Shelf (NWS) partners have struck a non-binding agreement with fellow-listed Western Gas to potentially process some two-million to three-million tonnes a year... 


Image of Spain flag and periodic table symbols for lead/zinc/silver
Toral lead/zinc/silver project, Spain – update
16th December 2022 By: Sheila Barradas

Canada-based Denarius Metals has been granted a definitive option agreement to acquire, in two stages, up to 80% in Europa Metals’ Toral project. 


IATA, South African Civil Aviation Authority to cooperate more closely on safety
15th December 2022 By: Rebecca Campbell

The International Air Transport Association (IATA) on Wednesday signed a Memorandum of Understanding (MoU) with the South African Civil Aviation Authority (SACAA). Under the MoU, the two parties... 


Local governments not using core financial systems, says Treasury
12th December 2022 By: Schalk Burger

National Treasury has highlighted that the credibility of the information contained in the Municipal Standard Chart of Account (mSCOA) data strings is a concern, and a core problem includes the... 


Genesis and St Barbara hatch golden plan
12th December 2022 By: Esmarie Iannucci

Gold miner Genesis Minerals and St Barbara have finally announced a merger agreement, months after first flagging discussions to consolidate gold holdings in the Leonora region of Western... 


A photo of solar panels, wind turbines and hydrogen installations
Timing of new jobs, skills development a just energy transition concern
8th December 2022 By: Schalk Burger

A just energy transition to a low-carbon economy in South Africa is expected to result in the loss of about 300 000 jobs, but the creation of about 815 000 new jobs up to 2050. It is also expected... 


Zevoli launches SharedImpact to facilitate meaningful ESD programmes between mid-sized corporates and MSMEs
7th December 2022

Enterprise and Supplier Development service provider Zevoli Growth Partners is proud to announce the launch of SharedImpact, an online platform that allows corporates to sponsor Business... 


Spigot and Socket pipes help prepare flood damaged Queen Nandi Drive in KZN
30th November 2022

The damage to infrastructure in KwaZulu Natal (KZN) as a result of flooding has certainly taken its toll. Queen Nandi Drive was no exception with damage that included the main sewer line. Rocla was... 


Liberty secures final piece of Black Pine water puzzle
29th November 2022 By: Mariaan Webb

Toronto-listed Liberty Gold has significantly derisked the future mining operations of its Black Pine mine, in Idaho, by acquiring the title to two historical water rights, registered to the Black... 


Denarius granted option to buy 80% of Spanish zinc/lead project
23rd November 2022 By: Creamer Media Reporter

Canada-based Denarius Metals has been granted a definitive option agreement to acquire, in two stages, up to 80% in Aim-listed Europa Metals’ Spanish subsidiary, which owns the Toral... 


Cilo Cybin announces unsuccessful JSE listing
23rd November 2022 By: Marleny Arnoldi

Cannabis pharmaceuticals and health device manufacturer Cilo Cybin says it has missed the set timeframe required to list as a special purpose acquisition company on the JSE. Although the... 


New-vehicle sales, production rose in the third quarter
18th November 2022 By: Donna Slater

Despite adverse economic disruptions and recovery efforts from severe flooding in KwaZulu-Natal in the second quarter of the year, new-vehicle sales increased by 16.9% year-on-year and 17.6%... 


More than one quarter of all venture capital funding is going to climate technology, with increased focus on technologies that have the most potential to cut emissions
11th November 2022

Climate tech funding in 2022 represented more than a quarter of every venture dollar invested in 2022, in the upper half of the 20-30% range observed since the start of 2018, according to PwC’s... 


Chicago is coming for London’s metal trading after LME stumbles
8th November 2022 By: Bloomberg

As the London Metal Exchange (LME) wades through the fallout of this year’s nickel crisis, its American rival is gaining ground. Chicago-based CME Group Inc. has successful copper and... 


Countries set to bolster global methane pledge at climate summit
8th November 2022 By: Bloomberg

The European Union (EU) and US put methane on the map at COP26 in Glasgow — declaring the potent greenhouse gas a threat to Paris Agreement temperature goals and insisting emissions of it must be... 


Gold Fields CEO Chris Griffith
Gold Fields says it won’t amend Yamana offer
7th November 2022 By: Mariaan Webb

South Africa-based Gold Fields said on Monday that it would not amend its offer for Canadian miner Yamana Gold, stating that its board continued to believe its offer was superior to that of Pan... 


The joint offer will consolidate Agnico Eagle's interest in the Canadian Malartic mine (pictured), in Canada.
Gold Fields target Yamana receives ‘superior proposal’ from Pan American, Agnico Eagle
4th November 2022 By: Mariaan Webb

Canadian miner Pan American Silver has tossed its hat into the ring to acquire fellow miner Yamana Gold, teaming up with Agnico Eagle Mines in an unsolicited proposal to buy the company that South... 


An image of Schneider Electric mining, minerals and metals segment lead Craig Hudson
Integration project creates more value for mine
4th November 2022 By: Nadine Ramdass

Digital automation and energy management specialist Schneider Electric has reached the final stage of its information technology (IT) and operational technology integration project in South... 


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