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African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with...
TSX-V-listed Defense Metals has appointed HCF International Advisers to conduct a strategic funding review for the Wicheeda rare earth element (REE) project, in British Columbia. The strategic...
The African continent needs an estimated $190-billion a year to meet its climate change mitigation and energy needs transition, but 57% of countries are in debt and unable to support the amount of...
Bespoke customer, incentive and employee rewards company Randgo has made two C-suite appointments, as it looks to accelerate its vision to become the most impactful rewards provider in South...
Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November...
The Cape Town Multi-Purpose Terminal (MPT) has increased volume throughput in the agricultural bulk sector by 43% in the year-to-date. In January, the terminal handled 25 704 t of agricultural bulk...
Recently retired Tiffany & Co executive D. Wayne Howard has joined the board of diamond mining company Diamcor Mining as an independent director. “I am very pleased to announce the addition of Mr....
The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg...
The JSE produced “strong” results for the year ended December 31, 2023, with growth of 12.2% in headline earnings per share (HEPS) and return on equity of 19.4% in line with long-term targets, CEO...
Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position....
By Obinna Uche, Sales Director, Power Systems Division at Schneider Electric Anglophone West Africa West Africa is a region of abundance, rich in both human and natural resources Its renewable...
Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of...
BHP Group said on Monday some contractors at its West Musgrave nickel and copper project in Western Australia had left its operations as the global miner assesses whether it will put its nickel...
The Energy Regulator has approved a 5.98% increase, from R6.8-billion in 2023/24 to R7.2-billion in 2024/25, in Transnet’s allowable revenue from petroleum pipelines system tariffs. “This...
Consumer packaged goods group Libstar has reported year-on-year declines in its normalised earnings, headline earnings and operating profit for the year ended December 31. Normalised headline...
Finance Minister Enoch Godongwana and the South African Reserve Bank (SARB) have welcomed President Cyril Ramaphosa’s appointment of Dr Mampho Modise as deputy governor of the SARB, following the...
A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the...
South Africa moved a step closer toward creating a competitive electricity market after legislation that establishes the framework cleared another hurdle. The Electricity Regulation Act Amendment...
The Department of Transport (DoT) has obtained Cabinet approval to extend the Taxi Relief Fund (TRF) to November 30. The request to extend the TRF was made to afford as many taxi operators as...
The youth capacity building programme in KwaZulu-Natal has achieved a significant milestone with students now qualifying as Quality Council of Trades and Occupations (QCTO) EPC Practitioners...
South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390-billion expansion of the...
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Demand for drive solutions specialist SEW-EURODRIVE’s energy efficient product offering is currently strong and increasing steadily with end-users in the growing food and beverage industry and the...
Mid-market private equity firm Agile Capital asserts that investors have a great opportunity to make sizable investments in the water sector and contribute towards the advancement of sustainable...
Commercial fuels, lubricants and oils retailer Shell Downstream South Africa has invested over R30-million in its science, technology, engineering and mathematics (STEM) bursary programme to help...
The City of Cape Town says businesses and households have earned more than R25.8-million under the city’s Cash for Power programme since the start of the 2022/23 financial year. This comes after...
For several years, the roll-out of rooftop solar, batteries and inverters has been referred to as South Africa’s quite revolution. While Eskom struggled to keep the lights on and government battled...
Nantes Saint-Nazaire Port has embarked on a path towards a new low-carbon economic model for its business, which still heavily depends on fossil fuels.
High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices....
Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa...
Western Cape trade, investment and tourism promotion agency Wesgro has launched a new campaign to attract tourists to the province. Unlike other recent campaigns, this one, called ‘With Love from...
The creation of a formal public-private platform to assess solutions to a pending “gas cliff” for industrial consumers in South Africa points to the fact that the issue is finally being taken...
Standard Bank has partnered with Planet42 in a R300-million deal it believes will enable the mobility startup “to shake up the passenger car market by broadening access to personal vehicles and...
Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,...
Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy...
As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for...
Boosting socio-economic development in South Africa through research and innovation, is at the core of the Department of Science and Innovation’s (DSI) mandate.
The need to ensure that Africa realises the vast potential for socioeconomic upliftment presented by the on-continent beneficiation of its abundant endowment of precious-metals and stones was...
A deal the South African government has been negotiating for three years to sell a majority stake in South African Airways (SAA) has fallen apart, the minister overseeing the company said on...
Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and...
As climate impacts intensify and energy prices continue their volatility, transitioning homes and businesses to solar power has clear financial and environmental benefits. Solar energy can reduce...
Daybreak Farms, a vertically integrated poultry business under the ownership of the Public Investment Corporation SOC Ltd (PIC), celebrates a significant governance transformation journey set in...
Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial...
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