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An image of Shirley Webber
Growth potential, challenges presented in West Africa
5th April 2024 By: Lumkile Nkomfe

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)... 


PUMPING INVESTMENT
The investment in modern, efficient pump solutions can optimise sugar operations
Pumps crucial to sugar processing – supplier
5th April 2024 By: Simone Liedtke

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... 


A large sign next to the road at the entrance to the Mponeng Mine owned by Harmony Gold that states it is the deepest mine globally
Deep-level investment
5th April 2024 By: Halima Frost

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,... 


An image of mining haul trucks
Regional growth prospects remain positive
5th April 2024 By: Lumkile Nkomfe

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... 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Reforms to cut red tape starting to bear fruit – Ramaphosa
5th April 2024 By: Irma Venter

President Cyril Ramaphosa believes that government’s efforts to cut the red tape holding back infrastructure development are beginning to bearing fruit. Delivering the keynote address at... 


Infrastructure SA names 12 projects it will unlock in 2024/25
5th April 2024 By: Irma Venter

Infrastructure South Africa (ISA) unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024... 


Infrastructure SA gets R600m boost from Treasury for project preparation
5th April 2024 By: Irma Venter

The National Treasury has allocated Infrastructure South Africa (ISA) a budget of R600-million over three years to “prepare projects”, says ISA head Mameetse Masemola. Addressing a media conference... 


Image of the Gautrain trains
Gauteng Rapid Rail Integrated Network extension project, South Africa – update
5th April 2024 By: Sheila Barradas

Much of the initial work for Phase 1 has been completed. 


Image of Kayelekera project
Kayelekera uranium restart project, Malawi – update
5th April 2024 By: Sheila Barradas

Lotus Resources has appointed a debt adviser to arrange debt for the project. 


Image of the Langer Heinrich operation
Langer Heinrich uranium restart project, Namibia – update
5th April 2024 By: Sheila Barradas

Uranium concentrate production and drumming have been completed. 


Image of Sweden map/flag
Häggån polymetallic project, Sweden
5th April 2024 By: Sheila Barradas

A scoping study has determined that the project is a significant polymetallic deposit that provides a key growth opportunity for Aura Energy. 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Employment and Labour Minister Thulas Nxesi
Labour dept to launch new programme to tackle unemployment
4th April 2024 By: Tasneem Bulbulia

Employment and Labour Minister Thulas Nxesi on April 4 announced that the Department of Employment and Labour (DEL) would launching a new Unemployment Insurance Fund (UIF) Labour Activation... 


SA has debt, growth problem – economist
4th April 2024 By: Thabi Shomolekae

Rand Merchant Bank chief economist and head of research Isaah Mhlanga noted on Thursday that looking at the emerging economies of neighbouring countries, it is quite clear that South Africa’s... 


Zithulele District Hospital under construction
Coega Development Corporation has implemented R48bn worth of infrastructure since 2004
4th April 2024 By: Darren Parker

The Coega Development Corporation (Coega) says it has successfully implemented infrastructure projects to an accumulative value of about R48-billion since the inception of its development programme... 


Consumers
Consumer spending growth in South Africa steadied in 2023, report shows
4th April 2024 By: Reuters

Consumer spending growth in South Africa steadied in 2023 after the previous year's post-pandemic surge, but expected interest rate cuts will encourage more purchases in 2024, executives from Visa... 


Offsite construction a key trend for 2024
Offsite construction a key trend for 2024
4th April 2024

The global offsite construction market is projected to top $235 billion by 2030, signifying a compound annual growth rate of almost 6% in the period from 2021 to 2030. This should hardly come as a... 


Chickens and eggs
Chicken producer owned by the PIC seeks new debt
4th April 2024 By: Bloomberg

Daybreak Farms, a chicken company controlled by Africa’s biggest fund manager, plans to seek loans to stabilize operations and fix its balance sheet following years of mismanagement. The producer... 


Batandwa Damoyi appointed PIC CFO
4th April 2024 By: Tasneem Bulbulia

The Public Investment Corporation (PIC) has appointed Batandwa Damoyi as its new CFO. She is a chartered accountant, with more than 16 years of experience post articles in corporate finance. 


City of Cape Town's Smart Supplier programme is creating real impact for hundreds of entrepreneurs
City of Cape Town's Smart Supplier programme is creating real impact for hundreds of entrepreneurs
4th April 2024 By: Dimpho Madiba

Reflecting its commitment to growing and supporting small businesses, the City of Cape Town put a group of 215 entrepreneurs through rigorous training as part of its annual Smart Supplier... 


Shanta progressing exploration in Tanzania, Kenya
4th April 2024 By: Sabrina Jardim

Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in... 


Empowering African Environmental Science: The Jennifer Ward Oppenheimer (JWO) Research Grant Seeks Another Trailblazing Recipient
Empowering African Environmental Science: The Jennifer Ward Oppenheimer (JWO) Research Grant Seeks Another Trailblazing Recipient
4th April 2024

Historically, Africa has been underrepresented in global research and development endeavours, with limited resources allocated to research initiatives compared to other regions. However, there is... 


African development banks expected to fund Caledonia's new Zimbabwe mine, CEO says
4th April 2024 By: Reuters

African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on... 


Kamoa-Kakula Copper Complex
Ivanhoe reports 86 203 t of copper production at Kamoa-Kakula in first quarter
3rd April 2024 By: Darren Parker

During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has... 


Chinese groups partner to deliver major solar energy power plant in South Africa
3rd April 2024 By: Rebecca Campbell

Chinese photovoltaic (PV) and energy storage systems company Trina Solar announced on Wednesday that it has entered a partnership with China Energy International Group and China Gezhouba Group to... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe names South African National Petroleum Company board, interim CEO
3rd April 2024 By: Terence Creamer

The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the... 


Standard Bank reduced its GHG emissions by 4.6% in 2023
3rd April 2024 By: Schalk Burger

Financial services firm Standard Bank has reduced the carbon emissions from its facilities across Africa by 4.6% year-on-year in 2023, putting the group ahead of its 2040 net-zerio target, says... 


Scottie agrees royalty with Franco-Nevada
3rd April 2024 By: Creamer Media Reporter

Gold company Scottie Resources has announced a C$8.1-million financing package with Franco-Nevada, encompassing a 2% gross production royalty on all minerals produced on Scottie’s claims in the... 


Long-awaited McPhillamys to cost A$1bn, says Regis Resources
Long-awaited McPhillamys to cost A$1bn, says Regis Resources
3rd April 2024 By: Mariaan Webb

The long-awaited McPhillamys project, in New South Wales, would require about A$1-billion before it produced its first gold, owner Regis Resources said on Wednesday. In a definitive feasibility... 


Sars Commissioner Edward Kieswetter
Sars collects record gross amount of R2.16-trillion for 2023/24
2nd April 2024 By: Schalk Burger

The South African Revenue Service (Sars) collected a record gross amount of R2.16-trillion by the end of March. It paid out refunds of R414-billion to taxpayers, which is the highest ever in... 


Standard Bank digital and e-commerce Belinda Rathogwa
Digital transaction volumes increasing – Standard Bank
2nd April 2024 By: Schalk Burger

Financial services firm Standard Bank said digital transaction volumes increased by 23% between 2022 and 2023, and transaction volumes on its banking application increased by more than 35% during... 


Paladin uranium plant in Namibia
Paladin achieves commercial production at Langer Heinrich
2nd April 2024 By: Darren Parker

ASX-listed uranium producer Paladin Energy has achieved uranium concentrate production and drumming at the Langer Heinrich Mine (LHM), in Namibia, as of March 30. The company said in a statement on... 


Glencore boosts investment in Stillwater Critical Minerals
Glencore boosts investment in Stillwater Critical Minerals
2nd April 2024 By: Mariaan Webb

Global commodities trader Glencore is investing a further C$2.1-million into Stillwater Critical Minerals, providing financial support for the continued exploration of the company’s North American... 


Russia confirms deal to buy part of diamond producer Alrosa's output
2nd April 2024 By: Reuters

Russia will regularly buy diamonds from sanctions-hit producer Alrosa ALRS.MM through a state fund, the finance ministry said on Thursday, a move that suggests Western restrictions on Russia's... 


Nornickel says financial stability is priority, not dividends
2nd April 2024 By: Reuters

Russian metals producer Nornickel, said on Friday that the financial stability of the company was more important then dividends but shareholders had the final say on the matter. Dividends are a... 


Image of copper ore
Radomiro Tomić mine, Chile
29th March 2024 By: Sheila Barradas

A copper mine in Calama, Antofagasta region, Chile. 


An image of Aerial Monitoring Solutions' Eagle Owl Drone
Drone potential hindered by regulatory hurdles, lack of funding
29th March 2024 By: Nadine Ramdass

While the South African drone manufacturing sector could increase its participation in the international market, regulatory hurdles, as well as a lack of funding and government support, are some of... 


Image of Priesk headgear
Prieska copper/zinc project, South Africa – update
29th March 2024 By: Sheila Barradas

An updated mineral resource estimate for the +105 m level crown pillar block – has revealed an increase in tonnes and grade. 


Image of Tulu Kapi mineralised drill core
Tulu Kapi gold project, Ethiopia – update
29th March 2024 By: Sheila Barradas

Kefi Gold and Copper has achieved further positive developments at the Tulu Kapi gold project. 


Photo of Terence Creamer
Important milestone
29th March 2024 By: Terence Creamer

The passing of the Electricity Regulation Act (ERA) by the National Assembly earlier this month represents a significant milestone in the ongoing evolution and reform of South Africa’s struggling... 


Image of stockpile of lithium ore
Cinovec lithium project, Czechia and Germany – update
29th March 2024 By: Sheila Barradas

European Metals has delayed the publication of a definitive feasibility study for the project. 


Image of periodic table symbol for lithium
Goulamina lithium project, Mali – update
29th March 2024 By: Sheila Barradas

Leo Lithium has reported that progress at Goulamina remains on schedule and construction has reached about 80% completion. 


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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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ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

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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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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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