Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 

South Africa’s central bank won’t cut interest rates this year because of persistent inflation and there’s even a risk it could raise them, bets in financial futures markets show. The shift, which... 

South African financial services group Alexforbes (more formally, Alexander Forbes) has entered a collaboration with local green advisory and investment group Alternative Prosperity to enter the... 

The World Bank and six other multilateral banks have made good progress in integrating global challenges like climate change into their agendas, but most have miles to go in implementing other... 

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 

In the wake of significant weather disruptions across the northern Goldfields, Northern Star Resources has reported that gold sales for the March quarter totalled 401 000 oz. This marks a slight... 

French mining group Eramet faces a stoppage from Thursday at some of the mines operated by its troubled New Caledonian nickel subsidiary SLN in a dispute with local authorities over financial... 

Johannesburg Water on Wednesday assured residents of the City of Johannesburg (CoJ) that the drinking water it provides is of the highest possible quality. The water utility, responsible for the... 

Newmont Corp’s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp, which plans to bid for the asset against potential Chinese buyers this month. “We expect to be part of this... 

The anaemic economic situation in South Africa, born out of incompetent economic management, has a strong correlation with political legitimacy and survivability, Bongani Mankewu argues. In recent... 

Finance Minister Enoch Godongwana has invited public comments and written submissions on draft amendments to the Money Laundering and Terrorist Financing Control Regulations of the Financial... 

Platinum group metals (PGMs) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says. The company produced 35 300 oz of PGMs in the quarter... 

Vitol Group confirmed that it’s starting rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead. “It’s a relatively small addition to our... 

Franchise expos deliver a receptive visitor for Franchisors and Industry Suppliers Franchising in South Africa has evolved into an ideal avenue for both entrepreneurs seeking investment... 

IFE 2024 – where Franchise success stories will begin The International Franchise Expo (IFE) is set to host a significant event at the Gallagher Convention Centre from July 20th to 21st, 2024.... 

A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in... 

The pulse of entrepreneurship beats stronger than ever as the International Franchise Expo (IFE) gears up for a significant event at the Gallagher Convention Centre from July 20th to 21st, 2024.... 

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... 

State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to... 

Mineral sands company Strandline Resources has announced the appointment of Rober Ierace as CFO and Robert Stevenson as GM of operations for its Coburn project, in Western Australia. Ierace was... 

Toronto-listed Aris Mining has announced the appointment of Richard Orazietti as CFO and Oliver Dachsel as senior VP of capital markets. Welcoming the two new additions to Aris’ management team,... 

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday... 

Small Enterprise Finance Agency (sefa), an implementing agency of the Department of Small Business Development, is evolving, innovating, and partnering to assist in unlocking the potential of... 

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 

Uranium development and exploration company Toro Energy on Monday announced the planned demerger of noncore nickel, gold and base metals projects in Western Australia. The demerger announcement... 

Various factors can lead to a rapid decline in South Africa’s water availability, according to Water and Sanitation Deputy Minister David Mahlobo, who reiterated the need to diversify the water... 

Australian mining magnate Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in... 

Renewable energy buyer and trader Africa GreenCo has signed a $27-million guarantee facility with GuarantCo – part of the Private Infrastructure Development Group (PIDG) – to boost renewable energy... 

Australian iron-ore miner Mount Gibson is on track to meet its 2024 guidance, having shipped 0.7-million wet metric tonnes of high-grade iron-ore fines from Koolan Island in the March quarter. The... 

New Development Bank (NDB) VP and CFO Leslie Maasdorp will step down from his role on July 7, after nine years of service at the bank. In July 2015, South Africa’s Cabinet appointed Maasdorp as VP... 

In the wake of increasing global attention on environmental, social and governance (ESG) considerations, the significance of ESG reporting has never been more pronounced. The recently introduced... 

Water utility Rand Water on Friday reiterated its commitment to be part of the Gauteng water provision solution, as high water consumption across Gauteng continues. The utility is collaborating... 

Leading African independent power producer Globeleq says the 153 MW/612 MWh Red Sands project, which was recently awarded preferred bidder status under South Africa’s inaugural battery storage... 

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... 

Canadian miner Iamgold has announced the execution of a forward gold sale arrangement and a partial amendment to an existing gold prepay agreement to optimise its financial position. The net... 

Using stainless steel in the sugar industry, where processing conditions can be particularly corrosive, has proven to be an effective solution in mitigating wear-related challenges, says South... 

West Africa’s mining and industrial sectors are characterised by growth and challenges, says multinational banking and financial services provider Absa Corporate and Investment Banking (CIB)... 

As the sugar industry continues to evolve in a rapidly changing market landscape, the investment in modern, efficient pump solutions and effective maintenance practices will remain vital, says... 

Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,... 

Long-term growth prospects in West Africa remain positive, says security research organisation the Institute for Security Studies (ISS), with the scenarios emerging from its African Futures and...