New Gautrain CEO starts steering strategic expansions

Gautrain Management Agency CEO Tshepo Kgobe has assumed his role as of February 1, following the company’s announcement to this effect in September last year. He previously served as COO of... 

Ariana mulls further involvement in Zim project following due diligence drilling

Aim-listed Ariana Resources has completed 1 222 m of diamond drilling for due diligence purposes on the Dokwe gold project, in Zimbabwe. The company is targeting the Dokwe North and Dokwe Central... 

Sovereign brings seasoned ESG officer on board for Kasiya development

ASX- and Aim-listed titanium and graphite miner Sovereign Metals has appointed Marco Da Cunha as lead environmental, social and governance (ESG) officer. Da Cunha has almost 20 years’ experience in... 

MC Mining independent board committee advises against proposed Goldway takeover

JSE-, ASX- and Aim-listed MC Mining’s Independent Board Committee (IBC) has advised that shareholders should not accept a takeover offer from Goldway Capital Investment. Goldway in early February... 

De Beers’ innovative approach to safety ensures 10m fatality-free shifts at Venetia

Diamond miner De Beers’ Venetia mine, near Musina, Limpopo, has reached 10.2-million fatality-free shifts, which safety manager Gavin Anderson deems remarkable given the mine’s transition from... 

Cape Town Container Terminal achieves record refrigerated containers load

Transnet’s Cape Town Container Terminal has loaded a record 1 726 refrigerated containers on a single vessel, called the Santa Rita. The vessel, carrying fruit, is destined for Europe. 

Sibanye attains A- rating for water management, climate change disclosures

JSE- and NYSE-listed Sibanye-Stillwater has attained an A- rating for its water security and climate change disclosures by Carbon Disclosure Project (CDP) for the 2023 assessment period. CDP is a... 

Mintek acquires laser bed fusion 3D printer

National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and... 

M&R Cementation unveils mock-up underground mine training facility

Mining contractor Murray & Roberts (M&R) Cementation has unveiled its new mechanised mining mock-up facility, which serves to provide equipment operators and supervisors with a more realistic... 

Gold Fields to post lower production, HEPS for 2023

Ahead of publishing its full results for the year ended December 31 next week, JSE-listed Gold Fields has advised that it expects attributable gold production for the year to be 2.3-million ounces,... 

US grants $11m to environmental insurance efforts in Africa

African Risk Capacity (ARC) has entered into a landmark $11.7-million partnership with the US government to increase access to parametric insurance in Africa. This will help to safeguard food... 

Bearings International forms partnerships with manufacturers to drive targeted marketing

Bearings and power transmission supplier Bearings International (BI) has embarked on a new targeted marketing strategy that involves partnerships with major global manufacturers it distributes... 

PetroSA appoints new acting CEO

The State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed acting COO Sesakho Magadla as acting group CEO effective immediately. This follows former acting CEO... 

Southern Palladium confirms 26-year mine life potential for Bengwenyama project

ASX- and JSE-listed Southern Palladium finds in a scoping study that the Bengwenyama platinum group metals (PGMs) project, in the Bushveld Complex of South Africa, has the potential for a 26-year... 

Harmony retains ‘A’ score for water management

Gold miner Harmony Gold has maintained its Carbon Disclosure Project (CDP) score of ‘A’ for its water management during the 2023 assessment period. CDP is a global nonprofit organisation that... 

Mavuso lauds business for pragmatic assistance despite govt failures

Despite the great difficulty that is involved with running a business in South Africa, the private sector has taken a very pragmatic approach to dealing with the challenges to the business... 

Bezant advances early works at Namibia project

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 

Business stakeholders find ‘election-oriented’ SoNA wanting

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 

Standard Bank forecasts rapid solar finance demand growth

Financial services provider Standard Bank foresees continued massive demand for solar and energy-related products this year, after seeing a 400% growth in demand for LookSee’s solar installation... 

2023 was record year for global solar installations – association

Africa Solar Industry Association (Afsia) finds in its fourth yearly ‘Solar Outlook’ report that 350 GW of solar power were added in 2023, marking the highest year for solar photovoltaic (PV)... 

Marula announces new investment partner replacing Q Global

Battery metals miner Marula Mining has advised of an amendment to its subscription agreement with a subsidiary of investment fund Q Global Commodities. The company last year entered into an... 

Pensana garners customer approval for mixed rare earth carbonate from Longonjo

London-listed rare earths project developer Pensana has announced that one of its major potential customers has approved the product qualification specifications for proposed mixed rare earth... 

Xtract confirms new licences in Zambia show promising copper potential

Aim-listed Xtract Resources has confirmed there is scope for the discovery of high-grade Kamoa-style mineralisation at depth, and lower-grade Kolwezi-type mineralisation near surface on its two... 

CGA welcomes support from shipping company to boost citrus exports

The Citrus Growers Association of Southern Africa (CGA) has welcomed the announcement that global liner shipping company Hapag-Lloyd will be helping to export citrus from the ports in Durban and... 

DTSA appoints Gerber CEO   

Heavy-duty vehicle manufacturer Daimler Truck South Africa (DTSA) has appointed Maretha Gerber to succeed Michael Dietz as CEO and president of the company. Dietz will be taking up a position in... 

WPIC highlights South Korean hydrogen market as driver for platinum demand

The World Platinum Investment Council (WPIC) is encouraged by the South Korean government’s more to accelerate the country’s transition to a clean hydrogen economy and its advancement of the... 

Pan African to post at least 41% growth in interim earnings

Gold miner Pan African Resources has advised shareholders that it expects its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended December 31 to be between 41%... 

Joint venture to revive 100-year-old DRC mine

TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic... 

New Gautrain CEO starts steering strategic expansions

Gautrain Management Agency CEO Tshepo Kgobe has assumed his role as of February 1, following the company’s announcement to this effect in September last year. He previously served as COO of... 

Bushveld completes refinancing of debt to Orion Mine Finance

Aim-listed vanadium producer Bushveld Minerals has completed the refinancing of its unsecured convertible loan notes issued to Orion Mine Finance, which it secured in 2020. The company has... 

Absa PMI dips to a low of 43.6 in January

January marked a poor start to the year for the Absa Purchasing Managers’ Index (PMI), with its headline index having declined to 43.6 points, down from 50.9 in December. Absa attributes the... 

Glencore reports lower production, builds solar plant in South Africa

Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s... 

UD Trucks Southern Africa to expand feature, service offerings

As the South African logistics industry continues to undergo a shift, with cargo increasingly being moved by road rather than rail, UD Trucks Southern Africa (UDTSA) is sharpening up its service... 

Galileo identifies three targets in Botswana for follow-up exploration work

London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three... 

Caledonia will soon alter Blanket mine plan to include more resources, reserves

NYSE- and Aim-listed Caledonia Mining Corporation has reported more encouraging results from deep level drilling at the Blanket gold mine, in Zimbabwe, which it says validates the continuity of... 

Lexington starts more drilling to validate, expand gold mineralisation at South African project

Aim-listed Lexington Gold has successfully completed percussion drilling at the Bothaville project, in South Africa’s Witwatersrand Gold Basin. The drilling, which started early in December last... 

ArcelorMittal South Africa warns of losses on the back of long steel impairment charge

Primary steel producer ArcelorMittal South Africa expects to report a 238% to 261% year-on-year decrease in earnings per share (EPS) for the year ended December 31, owing to a R2.1-billion... 

OIM Consulting expands footprint into Australia

Advisory firm OIM Consulting is branching out to Australia to take advantage of opportunities in its $28-billion mining industry. The company is adapting its proven methodologies to meet the unique... 

Alphamin produced record tin output in 2023

JSE- and TSX-V-listed Alphamin Resources has announced record tin production of 12 568 t for the year ended December 31. This exceeded market guidance of 12 000 t and marked a 1% improvement on the... 

Collaboration essential for South African exporters to overcome EU carbon border tax

As the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) became effective from October 1 last year, South Africa remains highly vulnerable and will likely pay high amounts of carbon...