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First Quantum Minerals could be forced to slow spending next year and face a potential breach of debt covenants if Panama follows through on plans to close a copper mine that generated roughly...
Global air filtration expert Parker Hannifin has demonstrated substantial savings following the first full year of implementation of its carbon reduction strategy, aimed at achieving carbon neutral...
Financial institution Standard Bank announced last month it had finalised an agreement to support global carbon project developer The African Stove Company (TASC) with funding for what is believed...
Finnivo software aims to simplify financial reporting processes for mining companies in Africa by automating the data collection process, thereby enabling finance teams to focus more on analysis...
South Africa has a pressing need to reawaken its public markets and Utshalo must be complimented for setting out to do just that. The brainchild of Ince and Paul Miller is providing a platform to...
The preferred bidders for the City of Cape Town’s 200 MW embedded independent power producer programme will be announced in mid-2024, says Energy MMC Beverley van Reenen. The first power from these...
Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA...
Transitioning South Africa’s energy ecosystem from its current over-reliance on coal to one progressively based on the country’s natural advantages of abundant sun, wind and land will take decades....
Leading online trading services provider ATFX is proud to announce the recent acquisition of a licensed Over-the-Counter Derivative Provider (ODP) in South Africa following the successful purchase...
ATFX, a leading online trading services provider, is proud to announce the recent acquisition of a licensed ODP (Over-the-Counter Derivative Provider) in South Africa following the successful...
The direct-to-blister flash smelter is on schedule for commissioning in the fourth quarter of 2024.
Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA...
JSE-listed emerging miner Copper 360 is poised to ramp up production quickly albeit at higher costs than originally planned, having redesigned its mine plan for the Rietberg mine, in the Northern...
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...
JSE-listed Hudaco will acquire the trading assets and liabilities of specialist plastic equipment importer Plasti-Weld Business from December 1 for a maximum of R56-million, which will be funded...
The South African government has selected preferred bidders for the development of four utility-scale battery energy storage system (BESS) projects in the Northern Cape, with a combined investment...
South Africa has addressed most of the technical compliance deficiencies that led to it being greylisted by the Financial Action Task Force (FATF) in February 2023, though much work still needs to...
As the London Metal Exchange (LME) savours its court victory over cancelled nickel trades, it still faces a host of challenges including ongoing repair of its damaged nickel contract and reputation...
The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of...
Copper/zinc/gold/silver exploration company Foran Mining has announced a brokered private placement to raise C$200-million. BMO Capital Markets is the sole bookrunner and co-lead agent, together...
The Umoyilanga hybrid renewables-battery project, which will supply 75 MW of dispatchable electricity daily from 05:00 to 21:30 when built, has officially achieved commercial and financial close...
Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support...
Only one of South Africa's 19 major State-owned enterprises received a clean audit in the past year, Auditor-General Tsakani Maluleke has said. Maluleke on Wednesday tabled the audit outcomes for...
Established in 2005, Ginlong (Solis) stands as the world's third-largest photovoltaic (PV) inverter manufacturer. As a global provider of solar and energy storage solutions catering to residential,...
Australian exploration company Polymetals Resources has announced an one-for-six nonrenounceable rights issue of new shares to raise up to A$8.12-million. Executive chairperson David Sproule will...
First Quantum Minerals said on Wednesday it is too early and challenging to bring a new partner into its flagship Panama copper project as the Canadian company declared force majeure on output from...
JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company...
Statistics South Africa (Stats SA) finds in its latest Agriculture Survey for 2022 that the sector generated R450-billion in income for the year, compared with R404-billion in income generated for...
Australia-listed Lake Resources is embarking on a quest for strategic partnerships to propel its Kachi lithium brine project, in Argentina, to new heights. The company is looking for a partner to...
A zero tolerance for “greenwashing” is a sentiment that is likely going to inform much environment- and climate-related legislation as it develops going forward, legal firm Bowmans partner and...
South Africa's central bank has warned that systemic risk to the country's financial stability has remained elevated, notably due to the government's increasing debt levels and debt-servicing...
Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast...
Vertically integrated battery anode developer EcoGraf appears to be on its way to securing a substantial $105-million for the development of its Epanko graphite project, in Tanzania. The company,...
The various projects under the umbrella of the Trans-Caledon Tunnel Authority (TCTA) are gaining traction, says TCTA CEO Percy Sechemane, outlining the projects in an update on the state of the...
Northern Cape mining company Copper 360, which listed on the Alternative Exchange of the Johannesburg Stock Exchange this year, took yet another leap forward on Wednesday with the announcement that...
The London Metal Exchange (LME) on Wednesday won a legal battle against US financial firms demanding $472-million in compensation after the exchange cancelled billions of dollars in nickel trades...
UK development finance institution British International Investment (BII) will invest R125-million in two 140 MW wind farms in the Northern Cape and Eastern Cape to help tackle South Africa’s...
Confidence in the manufacturing sector improved slightly to 26 points – the highest level this year – in the fourth quarter, financial services firm Absa's latest quarterly manufacturing survey...
By Duncan MacFadyen – Oppenheimer Generations Research and Conservation head of research and Rendani Nenguda – Oppenheimer Generations Research and Conservation research associate Oppenheimer...
“When it comes to quality products, parts availability, and technical support, the Wacker Neuson brand is hands down the best, with service that is second to none,” says Dave Alcock, Managing...
With Africans having the lowest level of access to reliable energy, it becomes clear that electricity is more than just a matter of power production and supply. Luthando Makiwane, Marketing Manager...
By Dominic Strano – Investment Director of IDH Invest From November 18 to 20, the African Agri Investment Indaba (AAII) took place in Cape Town, South Africa, a key calendar event for agrifood...
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