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The Hesto Harnesses factory in South Africa
Metair’s shares rise on expectation of higher earnings
11th March 2024 By: Schalk Burger

The share price of JSE-listed energy storage and automotive components company Metair rose by more than 26% on March 11, after the company announced that it expected to report earnings a share of... 


Mpact CEO Bruce Strong
Mpact grows revenue, operating profit, expects benefits from investments in 2024
8th March 2024 By: Schalk Burger

JSE-listed paper and plastics packaging business and recycler Mpact recorded a 3.6% year-on-year increase in revenue to R12.8-billion for the financial year ended December 31, 2023. Its underlying... 


Business Unity South Africa president Mxolisi Mgojo
Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
8th March 2024 By: Terence Creamer

Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling... 


Trade, Industry and Competition Minister Ebrahim Patel and Chinese Minister of Commerce Wang Wentao
Patel meets with EV manufacturers, investors during visit to China
8th March 2024 By: Sabrina Jardim

Trade, Industry and Competition Minister Ebrahim Patel and a high-level delegation recently completed a four-day working visit to Shanghai, Nanjing and Beijing, in China, during which they met with... 


ARM Executive Chairperson Dr Patrice Motsepe.
ARM declares interim dividend from robust net cash position
8th March 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of... 


SCOTT EDMUNDSON
By creating an international registry for recognising and enforcing creditor and lessor rights, these treaties aim to reduce financing costs and risks
Immediate actions needed to foster a more competitive rail industry
8th March 2024 By: Simone Liedtke

South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says... 


An aerial image of the Thunderbird mineral sands project
Mineral sands project exports first product
8th March 2024

The first export of products from mineral sands developer Kimberley Mineral Sands’ (KMS’) Thunderbird mineral sands project, located on the Dampier peninsula in Western Australia, departed from... 


Beasts of burden under siege
8th March 2024 By: Martin Zhuwakinyu

Rhino and elephant poaching afflicts many African countries that are home to these endangered species, and the main driver behind this scourge is seemingly insatiable demand by the Chinese and... 


VWSA could announce third production model this year, expects uptick in 2024 car market
8th March 2024 By: Irma Venter

Volkswagen Group South Africa (VWSA) will hopefully this year receive the final confirmation on the production of a third model at the Kariega plant, says MD Martina Biene. This third model will... 


Volkswagen SA spends big to counter loadshedding, now sole Polo supplier
8th March 2024 By: Irma Venter

Volkswagen Group South Africa, now trading as Volkswagen Group Africa (VWA), is investing R55-million to generate 3 MW in additional solar energy for its assembly plant in Kariega, in the Eastern... 


Image of minerals sands
Toliara mineral sands project – monazite project, Madagascar
8th March 2024 By: Sheila Barradas

Base Resources plans to exploit the Toliara mineral sands project’s monazite resources. 


Image of Jansen potash mine
Jansen potash project, Canada – update
8th March 2024 By: Sheila Barradas

BHP has signed nonbinding sales agreements for all potash production from both phases of the Jansen mine. 


Image of Kusile power plant at night
Kusile power plant project, South Africa – update
8th March 2024 By: Sheila Barradas

Eskom has insisted that it is on track to complete the repairs to the ducts in the west stack at the Kusile power station by December 2024. 


Location map of the Madouela uranium project.
Madaouela uranium project, Niger – update
8th March 2024 By: Sheila Barradas

GoviEx has announced that lender due diligence for the project has started. 


Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
7th March 2024 By: Irma Venter

Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 on Thursday, CEO Xolani... 


Exxaro warns of lower earnings on the back of decrease in export prices, weaker rand
7th March 2024 By: Darren Parker

Diversified resources company Exxaro Resources has warned shareholders that it is likely to report a 16% to 30% year-on-year decrease in headline earnings per share (HEPS) for the year ended... 


RBIDZ COO Muzi Shange
Balanced energy supply and security cornerstones for economic growth
7th March 2024

Sufficient supply of energy drives industrial development and socio-economic growth hence the Richards Bay Industrial Development Zone (RBIDZ) is at the centre of driving investment attraction and... 


Business Confidence Index indicates conditions deteriorated further in the first quarter
6th March 2024 By: Schalk Burger

The Rand Merchant Bank/Bureau for Economic Research (RMB/BER) Business Confidence Index (BCI) ticked down by one point to reach 30 in the first quarter, indicating that business conditions... 


Incoming MD Simon Rushton
New board to spearhead Macro’s iron-ore push
6th March 2024 By: Mariaan Webb

Australia’s Macro Metals on Wednesday announced the appointment of an experienced board with a dedicated focus of developing its Pilbara iron-ore portfolio, sending the company’s stock surging on... 


Bid Window 8 the last under IRP 2019, nuclear ambitions not a pipe dream – Mantashe
Bid Window 8 the last under IRP 2019, nuclear ambitions not a pipe dream – Mantashe
5th March 2024 By: Irma Venter

Bid Window 8 of government’s Renewable Independent Power Producer Procurement Programme will be the last bid window under IRP 2019, says Mineral Resources and Energy Minister Gwede Mantashe. “We’ll... 


Best lubrication solution for arduous mining applications
5th March 2024

The RENOLIT CXS GSM series from FUCHS LUBRICANTS SOUTH AFRICA provides excellent extreme pressure protection, which is crucial for heavy-duty applications like mining. It forms a durable... 


Chieta CE Yershen Pillay
Chieta announces new green hydrogen qualifications, skills programmes
4th March 2024 By: Darren Parker

The Chemical Industries Training and Education Authority (Chieta) will be registering new qualifications on green hydrogen and offering specialised skills programmes relevant to growing the green... 


Lender due diligence for Madaouela uranium project under way
4th March 2024 By: Darren Parker

TSX- and OTQCB-listed GoviEx Uranium has announced that lender due diligence for the Madaouela uranium project, in Niger, has begun, with the appointment of consulting firm SLR Consulting acting on... 


Hulamin volumes down as it simplifies mix, weathers softer global markets
4th March 2024 By: Tasneem Bulbulia

Softer global markets and business simplification resulted in JSE-listed Hulamin’s volumes decreasing by 15% year-on-year to 169 149 t for the year ended December 31, 2023. Hulamin undertook... 


Chicken portions being packed
RCL reports higher interim earnings, unbundling of its Rainbow business
4th March 2024 By: Marleny Arnoldi

JSE-listed consumer goods group RCL Foods has posted a 48% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.5-billion for the six months ended... 


Paltech Appointed as Meson Group Distributor in South Africa and Parts of Africa
Paltech Appointed as Meson Group Distributor in South Africa and Parts of Africa
4th March 2024

Paltech, a leading manufacturer and supplier of advanced valve solutions in South Africa, is proud to announce its appointment as the official distributor for Meson Group in South Africa and select... 


Exports drive Multotec’s local manufacturing expansion
Exports drive Multotec’s local manufacturing expansion
3rd March 2024 By: Tracy Hancock

To support the growth of its export business, South African mineral processing specialist Multotec has invested in the expansion of its facilities and now has about 80 000 m² of manufacturing and... 


AfCFTA investment protocol has international best practices, dispute settlement annex still outstanding
1st March 2024 By: Schalk Burger

Continental trade bloc the African Continental Free Trade Area (AfCFTA) aims to integrate regional trade blocs to unlock synergies to drive more intra-African trade and enable countries to derive... 


Athena stock surges on Fenix funding support
1st March 2024 By: Creamer Media Reporter

Western Australia-focused Fenix Resources will subscribe for up to A$1-million in convertible notes of Athena Resources, gaining an opportunity for exposure to the Byro magnetite project, in the... 


Photo of Martin Creamer
On-The-Air (01/03/2024)
1st March 2024 By: Martin Creamer

Martin Creamer discusses gold mining project and two huge wind and sun energy projects. 


An aerial view of the Port of Durban
Absa PMI rises to 51.7 in February, but business activity remains subdued
1st March 2024 By: Schalk Burger

Financial services firm Absa's Purchasing Managers Index (PMI) increased to 51.7 points in February, from 43.6 in January, but business activity remains subdued. Of the five subcomponents of the... 


MANUFACTURING INVESTMENT
Multotec has invested in manufacturing facilities and storage space to support the growth of its export business.
Firm wins Exporter of the Year award
1st March 2024

International minerals processing specialist Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a... 


An image of a mining plant
Filter press aids in water sustainability
1st March 2024 By: Lumkile Nkomfe

Coal exploration and mining company Canyon Coal reports that its newly commissioned 40 t/h filter press at its Mpumalanga-based Gugulethu mine is assisting in improving its sustainable use of... 


Flying Presidents
1st March 2024 By: Martin Zhuwakinyu

What’s the common denominator between Kenyan President William Ruto and his Nigerian opposite number, Bola Tinubu? They both have a remarkable penchant for air travel. This has incurred the ire of... 


Image of process of ammonia production
Coega green ammonia project, South Africa – update
1st March 2024 By: Sheila Barradas

The project aims to establish a green ammonia plant, with its own dedicated power supply. 


Image of Angola map/flag
Longonjo neodymium/praseodymium project, Angola – update
1st March 2024 By: Sheila Barradas

Pensana has concluded a nonbinding term sheet with the Longonjo lender consortium for a project finance debt facility of up to $156-million. 


South Africa records R9.4bn trade deficit for January
29th February 2024 By: Sabrina Jardim

Trade statistics for January, released by the South African Revenue Services on February 29, show a preliminary trade deficit of R9.4-billion, an improvement from the R24.4-billion trade deficit... 


Jupiter CEO Brad Rogers
Jupiter exceeds dividend policy with latest interim payout
29th February 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines has declared an interim dividend of A$0.01, after receiving a R142-million, or A$11-million, dividend from Tshipi é Ntle Manganese Mining. Jupiter will also receive... 


Anglo American's Africa and Australia Regional Director Themba Mkhwanazi.
Project finance clinched for 520 MW South African wind, solar projects – Anglo
29th February 2024 By: Martin Creamer

Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has... 


President Cyril Ramaphosa to Open SIDSSA 24
29th February 2024

SIDSSA 2024 will bring new energy projects to the market for investment and infrastructure-led socioeconomic growth. South African President Cyril Ramaphosa will open the Sustainable Infrastructure... 


Meet the ambassadors and attend free seminars by industry leaders at Hostex 2024
Meet the ambassadors and attend free seminars by industry leaders at Hostex 2024
29th February 2024

Hostex is proud to introduce its esteemed 2024 ambassadors – each a renowned expert in their respective field – who will be bringing their expertise and insights to Hostex 2024 from 3 to 5 March at... 


WFDB concerned about G7 proposal to restrict trade in Russian diamonds
28th February 2024 By: Sabrina Jardim

The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the diamond and jewellery industry in presenting its concerns regarding the proposed Group of Seven (G7) restrictions... 


BCG highlights challenges, opportunities amid energy transition
28th February 2024 By: Sabrina Jardim

Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting... 


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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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