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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...
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...
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 South Africa (ISA) unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024...
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...
Lotus Resources has appointed a debt adviser to arrange debt for the project.
Uranium concentrate production and drumming have been completed.
A scoping study has determined that the project is a significant polymetallic deposit that provides a key growth opportunity for Aura Energy.
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 on April 4 announced that the Department of Employment and Labour (DEL) would launching a new Unemployment Insurance Fund (UIF) Labour Activation...
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...
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...
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...
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...
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...
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.
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...
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...
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 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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
An updated mineral resource estimate for the +105 m level crown pillar block – has revealed an increase in tonnes and grade.
Kefi Gold and Copper has achieved further positive developments at the Tulu Kapi gold project.
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...
European Metals has delayed the publication of a definitive feasibility study for the project.
Leo Lithium has reported that progress at Goulamina remains on schedule and construction has reached about 80% completion.
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Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOMESAB 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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