Ionic selects WSP to deliver feasibility study for UK magnet recycling facility

ASX-listed Ionic Rare Earths’ 100%-owned subsidiary Ionic Technologies International, based in Belfast, in the UK, has progressed the delivery of a feasibility study for a commercial magnet... 

Gold ETF outflows slowed considerably in November, says WGC

Global gold exchange-traded funds (ETFs) outflows slowed significantly in November supported by net inflows into North American funds, industry organisation the World Gold Council (WGC) reports.... 

Altona’s shareholding in Monte Muambe increases to 51%

London-listed Altona’s shareholding in Monte Muambe Mining Limitada has now increased from 20% to 51%, following the successful completion of Phase 2 of the Monte Muambe rare earths project. Monte... 

Commission granted application to add price fixing contravention to case against brick makers

The Competition Tribunal has granted an application by the Competition Commission to amend its complaint referral (charge sheet) against two brick manufacturers. The tribunal’s order means that the... 

Marula completes drilling programmes at South African project ahead of schedule

Africa-focused mining and development company Marula Mining has completed Phase 1 and 2 diamond drilling programmes at the Blesberg lithium and tantalum mine in South Africa, ahead of schedule,... 

Critical Mineral Resources acquires new permits in Morocco

Aim-listed Critical Mineral Resources (CMR) has been granted four new exploration permits in the Rabat and Beni-Mellal regions in Morocco.  The three new permits, covering an area of about 80 km2,... 

AfDB grants $33m to Mozambique to improve grid

The African Development Bank (AfDB) Group approved a grant of $33.25-million to Mozambique to implement the Songo-Matambo electricity transport line project, during a meeting in Abidjan on December... 

Test work at Southern Palladium’s Bengwenyama shows strong PGM recovery rates

Preliminary, unoptimised testing at JSE- and ASX-listed Southern Palladium’s Bengwenyama platinum group metal (PGM) project, in the Bushveld Complex of South Africa, indicates that the Bengwenyama... 

Festival of Motoring announces 2024 dates, extended WesBank partnership

The Festival of Motoring, described as an African celebration of automotive excellence, will take place from August 30 to September 1, 2024, at the Kyalami Grand Prix Circuit, in Johannesburg. This... 

Creecy publishes amendment to renewable energy facility environmental authorisation

Forestry, Fisheries and the Environment Minister Barbara Creecy has published an amendment of certain requirements for an application for environmental authorisation for a renewable energy... 

Exxaro, Council for Geoscience sign MoU to drive sustainability, decarbonisation

Diversified miner Exxaro Resources and South African national science council the Council for Geoscience (CGS) have entered into a memorandum of understanding (MoU) to drive sustainability and... 

Black Friday sales data reflective of consumer strain, online shopping preference – Ecentric

Although the volume of Black Friday and Cyber Monday sales increased over this sales period, data from payment service provider Ecentric Payment Systems shows that the value of transactions and the... 

Zero Carbon Charge welcomes EV White Paper, but calls for increased renewable energy charging stations

South Africa’s pioneer of a national network of renewable energy charging stations Zero Carbon Charge has welcomed the Electric Vehicle (EV) White Paper released by the Department of Trade,... 

Andrada produces high-grade spodumene concentrate at Lithium Ridge licence area

Aim-listed Andrada Mining has produced high-grade lithium spodumene concentrate from mineralised pegmatite material sourced from the Lithium Ridge licence area –  a fully permitted mining licence... 

TotalEnergies takes steps to broaden methane emission reductions in the oil, gas sector

TotalEnergies has announced the signing of three cooperation agreements with national oil and gas companies – Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola – to carry out methane... 

South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 

EIB, Bank of Kigali to develop €100m fund for climate fund adaptation for farmers

The European Investment Bank (EIB) and the Bank of Kigali on December 2 confirmed that they are developing a new targeted sustainable agriculture financing initiative, the first climate resilience... 

Lindian progressing Malawi project

ASX-listed Lindian Resources has made “excellent” progress this year on mine development operations and the commissioning of the Stage 1 processing plant at the Kangankunde rare earths project in... 

Charles Dos Santos to succeed Rob Richardson as Air Products South Africa MD

Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his... 

TNPA bolsters interventions at Port of Durban to expedite recovery

Transnet National Ports Authority (TNPA) is assisting terminal operators with implementing the container recovery plan more easily at the Port of Durban by providing a 24-hour helicopter services... 

Exxaro, Cennergi unveil solar project

Diversified mining and renewable energy solutions company Exxaro Resources and its wholly-owned subsidiary Cennergi on November 16 unveiled the Lephalale solar project (LSP), with the sodturning... 

Commission addressing gaps, challenges in BBBEE

The Broad-based Black Economic Empowerment (BBBEE) Act, now in its twentieth year, has achieved several successes, but challenges abound, and transformation is not at the requisite level, and the... 

Building sector business confidence index reaches eight-year high

The FNB/BER Building Confidence Index, which measures sentiment in the building sector, increased to an eight-year high of 43 (a gain of nine index points) in the fourth quarter of this year. The... 

Sanral to resume road tenders under interim procurement policy

The South African National Roads Agency Limited (Sanral) will on November 29 resume procurement for road construction projects, with 86 tenders to be advertised. CEO Reginald Demana has announced... 

Vukile increases full-year guidance on the back of strong interim performance

JSE-listed Vukile Property Fund achieved a 10% increase in its cash dividend to 52.1c a share and a 5.2% growth in its funds from operations (FFO) to 85c apiece for the six months ended September... 

Organisations collaborate on development of a consolidated responsible mining standard

The Copper Mark, the Mining Association of Canada (MAC), ICMM and the World Gold Council (WGC) are working towards consolidating their individual voluntary responsible mining and metals standards... 

World Bank grants consent for legal separation of Eskom’s Transmission division

State-owned utility Eskom announces that multilateral development bank the World Bank, a key strategic creditor of the entity, has granted its consent for the proposed legal separation of the... 

Orosur achieves positive exploration results at Nigeria project

TSX-V and Aim-listed Orosur Mining has provided an exploration update for its new Lithium West joint venture (JV) in Nigeria, with first results from a mapping and sampling programme on the first... 

RFA, SAAFF, Hume reiterate concern about South Africa’s logistics performance

Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and... 

Drilling shows potential for resource upgrade at Atlantic Lithium’s Ghana project

Africa-focused lithium exploration and development company Atlantic Lithium announces that multiple broad intervals of visible spodumene have been observed in drilling outside of the current... 

Stefanutti Stocks reports improved interim revenue, operating profit

JSE-listed Stefanutti Stocks’ contract revenue and operating profit from continuing operations for the six months ended August 31 improved to R3.3-billion and R69-million, respectively, with the... 

Invicta delivers strong interim performance

Investment holding and management company Invicta Holdings achieved a robust performance for the six months ended September 30, with revenue having increased by 12% to R4.3-billion. The increase of... 

Think tank's webinar covers how themes at COP28 will centre on climate financing, support

Climate change is one of the most direct threats to development confronting developing countries, as they will suffer the brunt of the impacts despite historically contributing the least towards... 

De Beers donates building to Sol Plaatje University in Kimberley

Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales... 

BMI raises 2024 iron-ore price forecast, but long-term decline persists

Fitch Solutions unit BMI has raised its 2024 iron-ore price forecast to a yearly average of $120/t from $100/t previously, as price resilience continues on the back of positive sentiment over... 

Karpowership SA secures environmental authorisation for Saldanha Bay project

Karpowership South Africa (SA), the local entity of Turkish company Karpowership, has welcomed the granting of an environmental authorisation (EA) for its Saldanha Bay project by the Department of... 

AVZ says AGM underscores strong support for board, strategy

Mineral exploration company AVZ Minerals says results from its annual general meeting (AGM), held on November 23, showcase both a strong vote of confidence for the board and its clear and... 

Vale completes throughput test for Phase 1 of the Salobo III plant in Brazil

Brazilian miner Vale has successfully completed the throughput test for the first phase of the Salobo III copper project, in the Carajás region in Brazil, with the Salobo complex exceeding an... 

JSE Ventures launches carbon market

The JSE Ventures on November 9 launched a new Voluntary Carbon Market, in partnership with global environmental markets infrastructure provider Xpansiv. This initiative is aimed at allowing local... 

Cape Town runway project awaiting Economic Regulator approval

The starting of the Cape Town Aviation Infrastructure runway realignment is dependent on the approval by the Economic Regulator which is outstanding at this point; as well as the review of the...