CDE criticises govt’s lack of ambition in its job creation strategy

South Africa faces an unemployment crisis, and the African National Congress’ (ANC’s) manifesto promise of 3.5-million work opportunities, is considerably inadequate to address this, independent... 

Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 

James Mufara appointed Caledonia COO

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 

DRC, CMOC agree to bolstering Congolese participation at cobalt mine

The Congolese Regulatory Authority for Subcontracting in the Private Sector, or Authorité de Régulation de la Sous-traitance dans le Secteur Privé (ARSP), has announced a new agreement with China’s... 

Tietto delivers record quarterly gold production at Côte d’Ivoire project

West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased... 

Perseus declares its offer for OreCorp unconditional

ASX- and TSX-listed Perseus Mining has declared that its off-market takeover bid offer for all the current and to be issued ordinary shares in ASX-listed OreCorp is now unconditional, and best and... 

Red Rock provides updates on DRC arbitration, Burkina Faso project

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 

Western Cape ideally positioned to capitalise on growing adventure tourism, report posits

The Western Cape is poised to emerge as a global hub for adventure tourism, a niche within the global tourism sector that is anticipated to be valued at $4.6-trillion by 2032, a recent report by... 

West African achieve solid first quarter production

ASX-listed unhedged gold mining company West African Resources  produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a... 

Nersa approves revised NRS electricity loadshedding code of practice

The National Rationalised Specifications (NRS) Association of South Africa has announced the approval of the NRS 048-9, Edition 3, Electricity Supply – Quality of Supply: Code of Practice (NRS CoP)... 

Sucher to step down as CFO of DRA Global

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... 

Newlyn launches R3.4bn multimodal rail terminal at Durban port

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 

Labour dept to launch new programme to tackle unemployment

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... 

Batandwa Damoyi appointed PIC CFO

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. 

MRG granted new exploration licence in Mozambique

ASX-listed MRG Metals has been granted a new exploration licence – the Olinga 11005L exploration licence – in Mozambique, targeting uranium and rare earth elements (REEs). The new Olinga uranium... 

Salungano to appeal dismissal of Keaton Energy business rescue application

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 

Southern Palladium advancing PFS for South Africa project

JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld... 

Thor Exploration acquires licences in Senegal

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 

GVK-Siya Zama welcomes commitment to tackle construction industry challenges

Confidence in the construction industry has been erratic since 2020, compelling several industry players to close, and those who remain are exposed to risk, vigilante action and skills shortages;... 

Study highlights predictability of wind power production

Wind and solar resource assessment consultancy Eoltech has released findings of a new study that aims to assess the variations of the global wind resource over the last 15 years, with the data... 

Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 

Unicorn to expand its exploration focus to Africa

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 

Gautrain Management Agency chief speaks on extension plans, service enhancements

The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these... 

Gautrain Management Agency chief speaks on extension plans, service enhancements

The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these... 

Human Settlements Minister outlines progress for 2023/24 year

The government has made progress on its Medium-Term Strategic Framework targets and, as it wraps up this administration, believes these numbers will continue to increase, Human Settlements Minister... 

Rainbow reiterates potential of South Africa, Brazil projects

Rainbow Rare Earths is bullish about the potential of its Phalaborwa rare earths project in South Africa, as it is expected to be the highest margin rare earth elements (REEs) project in... 

Caledonia’s 2023 full-year performance in line with expectations

Gold miner Caledonia Mining notes in its operating and financial results for the year ended December 31, 2023, that its performance was in line with both market expectations and production... 

Lotus appoints debt adviser for Kayelekera restart

ASX-listed Lotus Resources has appointed Orimco to arrange debt for its flagship Kayelekera uranium project, in Malawi, where the company intends to restart operations in late 2025. Lotus says it... 

Altona reports several achievements at Mozambique project

London-listed Altona Rare Earths recorded several achievements during the six months ended December 31, 2023, including its first Joint Ore Reserves Committee (Jorc) mineral resource estimate... 

Zimbabwean investment summit to be held in Johannesburg in May

Zimbabwe Minister of Finance, Economic Development and Investment Promotion Professor Mthuli Ncube and Zimbabwe Investment Development Agency CEO Tafadzwa Chinamo will host an investment summit at... 

Initial work shows potential of deposit at Morocco project

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 

Andrada increases tin production

Aim-listed Andrada Mining, with a portfolio of mining and exploration assets in Namibia, achieved a 60% year-on-year increase in ore processed to 915 599 t for the financial year ended February 29.... 

Kumba’s Sishen, Kolomela mines achieve IRMA 75 performance on responsible mining standard

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 

Sovereign initiates follow-up drilling at Malawi project

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 

Civil Confidence Index increases in first quarter, but business constraints persist

After registering a level of 41 in the fourth quarter of 2023, the FNB/Bureau for Economic Research (BER) Civil Confidence Index increased to 47 in the first quarter of this year, its best level... 

Brand value increases in mining, metals and minerals; BHP comes out top

This year, more than half of the brands in the ranking of the world’s most valuable and strongest mining, metals and minerals brands witnessed an increase in brand value, according to new data from... 

Standard Bank closes $300m sustainable capital loan with IFC

Finance institution Standard Bank has successfully closed a $300-million sustainable Tier 2 capital loan. The facility, concluded with the International Finance Corporation (IFC), marks another... 

Transnet Freight Rail’s North Corridor achieves weekly record

Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current... 

Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment

The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels.... 

Tharisa to undertake $5m share buyback programme

JSE- and LSE-listed platinum group metals (PGMs) and chrome miner Tharisa has appointed UK investment bank Peel Hunt to manage a $5-million share buyback programme on its behalf. The Tharisa board...