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Resilience, natural resources become key as global food security deteriorates slightly

By: Schalk Burger     5th March 2021 The Global Food Security Index (GFSI) showed a deterioration for the second year in a row in 2020, with the affordability, quality and safety, and natural resources and resilience categories deteriorating, with only the availability category showing marginal improvement, says economic research... 

Goldplat records marginal increase in interim operating profit

By: Donna Slater     5th March 2021 Aim-listed gold producer Goldplat marginally improved its operating profit for the six months ended December 31, 2020, to £2.6-million, up from £2.57-million for the six months ended December 31, 2019. The miner’s South African operation achieved an operating profit of £2.1-million, while its... 

GoldStone defers gold loan further, plans to raise additional funding

By: Tasneem Bulbulia     1st March 2021 Aim-listed GoldStone Resources has agreed with Asian Investment Management Services (AIMS) a further deferment of the gold loan interest payment to June 30 (previously deferred to March 31), and the exercise of warrants by AIMS of over 40-million new ordinary shares which provides £1.2-million of... 

GoldStone receives environmental permit for Homase South Pit at AKHM

By: Tasneem Bulbulia     12th February 2021 The Ghanaian Environmental Protection Agency (EPA) has granted Aim-listed GoldStone Resources an environmental permit for its Homase South Pit within the Akrokeri-Homase (AKHM) project in south-western Ghana. The environmental permit is a key permit required to allow the company to proceed... 

Goldplat reports healthy interim operating profit

By: Marleny Arnoldi     8th February 2021 Aim-listed gold recovery company Goldplat has reported a healthy operating profit of £3.04-million for the six months ended December 31, 2020. The company’s South African operations achieved an operating profit of £2.2-million, while its Ghana-based operations increased operating profit by more... 

MTN to report higher year-end earnings

By: Natasha Odendaal     5th February 2021 Telecommunications group MTN expects double-digit growth in earnings for the year ended December 31, 2020. The telecommunications group anticipates earnings per share (EPS) to be between 886c to 987c for the year under review, a rise of between 75% and 95%, or 380c to 481c, on the 506c reported... 

Grundfos

29th January 2021 Grundfos has a proud history of operating in Sub Saharan Africa, with the first Grundfos branch opened in South Africa in 1992, employing only seven people. In 2005 Grundfos opened its own company in South Africa, servicing 43 countries, and now also has companies based in Ghana and Kenya with a... 

Chocolate war leaves world’s top cocoa producer stuck with beans 

By: Bloomberg     20th January 2021 Nobody is suffering more from a global chocolate standoff than the Côte d'Ivoire cocoa farmer. Less than two years after the top cocoa producer teamed up with neighboring Ghana to force companies from Hershey Co. to Nestle SA to pay more for their beans, the attempt to exert control over prices... 

Manganese markets achieve good performance despite headwinds, reports LCIB

By: Tasneem Bulbulia     15th January 2021 Global manganese ore dispatches reached a new record of 42.93-million tonnes in 2020, the London Commodity Intelligence Bureau (LCIB) reports. Shipments were 3.1% higher year-on-year. 

IronRidge commences Ewoyaa drilling

By: Donna Slater     14th January 2021 Aim-listed explorer IronRidge Resources says a 12 500 m drilling programme at its Ewoyaa lithium project, in Ghana, has started, with contractor GeoDrill having mobilised on site and started reverse circulation (RC) drilling. The campaign is intended to add resource tonnes within the immediate... 

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