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Denison Mines inks sustainable communities investment agreement
28th March 2024 By: Creamer Media Reporter

Uranium developer Denison Mines has announced the signing of a sustainable communities investment agreement with the municipalities of the Northern Village of Beauval, the Northern Village of... 


Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Image of Metair CEO Paul O’Flaherty
Metair to tackle high debt, gauge Mutlu’s future  
27th March 2024 By: Irma Venter

Metair is still very much open for business and the group is able to accommodate new clients should they need automotive components or energy solutions, says new CEO Paul O’Flaherty. O’Flaherty,... 


An image of the Uis mine
Andrada increases tin production
27th March 2024 By: Tasneem Bulbulia

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.... 


Endeavour's Ity mine
Endeavour assures shareholders of its internal controls, posts lower earnings
27th March 2024 By: Marleny Arnoldi

London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over... 


PPC factory
PPC’s Zimbabwe business flourishes while South African, Botswana businesses flounder
27th March 2024 By: Darren Parker

Revenue growth in cement producer PPC’s South Africa and Botswana cement businesses was driven by price increases during the ten months ended January 31, positively offsetting the declining sales... 


RMB advises Royal Bafokeng on the proposed acquisition of Swiftnet
27th March 2024 By: Natasha Odendaal

Royal Bafokeng Holdings (RBH) has entered into a transaction agreement alongside Actis to jointly acquire 100% of independent owners, operators and developers of mast and tower infrastructure... 


SKF and eThekwini Municipality untap bright young minds
SKF and eThekwini Municipality untap bright young minds
27th March 2024

The Water and Sanitation Unit of eThekwini Municipality hosts a biennial student conference that is aimed at raising awareness in the field of Science, Technology, Engineering and Mathematics... 


European Metals flags potential improvements in delayed DFS
European Metals flags potential improvements in delayed DFS
27th March 2024 By: Mariaan Webb

Dual-listed European Metals has delayed the publication of a definitive feasibility study (DFS) for the Cinovec lithium project, in Czech Republic. However, chairperson Keith Coughlan expressed... 


$50m Michigan grant for Highland’s Copperwood project
$50m Michigan grant for Highland’s Copperwood project
27th March 2024 By: Mariaan Webb

The Michigan state government has granted Vancouver-based Highland Copper a performance-based grant totalling $50-million for its Copperwood project. This follows an evaluation of the project’s... 


Outgoing EOH CEO Stephen van Coller
EOH posts loss a share, as Operational Technologies division offsets Digital Enablement growth
26th March 2024 By: Schalk Burger

JSE-listed information and communications technology services firm EOH reported a 2% year-on-year decrease in revenue to R3.1-billion for the six months ended January 31. Group operating profit... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Wescoal coal mining operation
Salungano expects to widen headline loss to at least 50.6c
26th March 2024 By: Marleny Arnoldi

After having multiple subsidiaries experience financial difficulty in recent years, with some having entered into business rescue in recent months, JSE-listed Salungano Group expects to report a... 


Image of Alan Winde
W Cape Premier’s department allocates over R100m to fix energy crisis
26th March 2024 By: Thabi Shomolekae

Western Cape Premier Alan Winde announced on Tuesday that over the current Medium Term Expenditure Framework, the Department of the Premier is ploughing R103.4-million into a response to the energy... 


Brand value increases in mining, metals and minerals; BHP comes out top
Brand value increases in mining, metals and minerals; BHP comes out top
26th March 2024 By: Tasneem Bulbulia

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... 


Shift in household energy use alters South Africa’s power landscape: advent of solar and smart technologies offers light at the end of Eskom’s tunnel
26th March 2024

Co-authored by Mark Allewell, CEO at Sensor Networks and Ross Mains-Sheard, CEO and Co-Founder of Versofy It has been reported that South African households tripled their spending on solar imports... 


White maize
South Africa’s maize production to dip, but remain sufficient to cover local demand
26th March 2024 By: Marleny Arnoldi

While South Africa’s maize production will be about 2.1-million tons lower this year, there is still enough to meet local consumption and supply neighbouring countries that are having difficult... 


Goldman says commodities to benefit as central banks cut rates
26th March 2024 By: Bloomberg

Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw... 


New Boeing Commercial Airplanes president and CEO Stephanie Pope
Top management upheaval at Boeing as group battles quality challenges
26th March 2024 By: Rebecca Campbell

Embattled US aerospace giant Boeing has announced major management changes at the highest level. The group has been hit by major quality control issues in particularly (but not exclusively) its... 


Image of Risenga Maluleke
Decline in formal sector employment for 2023 Q4 – Stats SA
26th March 2024 By: Thabi Shomolekae

The Statistician-General of South Africa Risenga Maluleke on Tuesday reported a decrease in the total number of employees in the formal non-agricultural sector by 194 000 in the fourth quarter of... 


Standard Bank closes $300m sustainable capital loan with IFC
26th March 2024 By: Tasneem Bulbulia

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
26th March 2024 By: Tasneem Bulbulia

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... 


Robert Friedland chairs Ivahoe Electric
Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project
25th March 2024 By: Mariaan Webb

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 


Forestry, Fisheries and the Environment Minister Barbara Creecy
Creecy stresses importance of protecting the environment while growing the biodiversity economy
25th March 2024 By: Sabrina Jardim

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 


Kefi progresses funding for Ethiopia project
25th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has achieved further positive developments at the its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year.... 


Mkango raises £750 000 to advance rare earth magnet recycling, launches strategic review
25th March 2024 By: Tasneem Bulbulia

Aim-listed Mkango Resources has conditionally raised gross proceeds of £750 000 via a direct company subscription from existing shareholders, including a £150 000 investment by CEO William Dawes.... 


An image of the Moma mine in Mozambique
Kenmare secures new $200m facility
25th March 2024 By: Tasneem Bulbulia

London-listed Kenmare Resources, operator of the Moma titanium minerals mine, in northern Mozambique, has secured a funding package to refinance a maturing revolving credit facility (RCF) and a... 


The Nexus 1 building
Attacq's Nexus 1 building achieves EDGE, Green Star certification
25th March 2024 By: Schalk Burger

Real estate investment trust Attacq's Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification.... 


AIIM consortium acquires Octotel, minority stake in RSAWEB
25th March 2024 By: Natasha Odendaal

A consortium, led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM), has signed an agreement to acquire fibre network operator Octotel. The... 


Goldplat remains profitable despite South African headwinds
25th March 2024 By: Tasneem Bulbulia

Aim-listed Goldplat, with gold recovery operations in South Africa and Ghana, continued to achieve profitable results for the six months ended December 31, 2023, despite some of the difficult... 


A construction site
PPPs are important to build quality infrastructure rapidly – Mavuso
25th March 2024 By: Schalk Burger

Public-private partnerships (PPPs) are an important mechanism to bring together the strengths of government and business, including the technical and management capabilities of the private sector... 


The energy-efficient Lion ferrochrome smelter.
Ferrochrome benchmark price settles higher
25th March 2024 By: Martin Creamer

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 


An image of Botswana Diamonds' Ghaghoo mine.
Botswana Diamonds achieves several positive developments in 2023
25th March 2024 By: Tasneem Bulbulia

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 


MTN's logo
MTN rides out difficult operating environments
25th March 2024 By: Natasha Odendaal

Telecommunications giant MTN Group unpacked a resilient set of 2023 financial results, despite elevated inflation in several key markets averaging a blended 16.7%, forex volatility and ongoing... 


Patel's misguided industrial policy hindrance to Black Industrialists
Patel's misguided industrial policy hindrance to Black Industrialists
25th March 2024

Authored: Bongani Mankewu Blurb: Minister Patel is phony and plays Machiavellian when he blames the failure of state-owned enterprises for the failure of black industrialists. 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


Major investors more confident in Australia’s climate policy
25th March 2024 By: Bloomberg

Investors with a combined A$35-trillion in assets are becoming more optimistic about Australia’s climate policy, with roughly half considering financing renewable-energy projects, according to an... 


Venture capital investments decline amid sociopolitical, economic uncertainties
25th March 2024 By: Sabrina Jardim

Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant... 


Calidus raises A$16.5m through share placement
22nd March 2024 By: Darren Parker

ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an... 


Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes
22nd March 2024 By: Sabrina Jardim

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 


ArcelorMittal South Africa appoints Gavin Griffiths CFO
22nd March 2024 By: Schalk Burger

JSE-listed steel producer ArcelorMittal South Africa has appointed Gavin Griffiths CFO and executive director from April 1. Griffiths is currently the company's chief strategy officer but has been... 


Vanadium
Largo’s net loss widens to $32m, but incoming ilmenite output shows promise
22nd March 2024 By: Marleny Arnoldi

Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


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