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Lynas CEO Amanda Lacaze
Lynas jumps as H1 profit tops estimates despite soft China demand
26th February 2024 By: Reuters

Australia's Lynas on Monday posted a better-than-expected half-year profit, sending its shares higher, even as the rare-earths miner navigated a tough market with weak underlying commodity prices... 


Econometrix director and chief economist Dr Azar Jammine
Budget shows an economy treading water, not collapsing – Jammine
23rd February 2024 By: Darren Parker

Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to... 


And the actual?
23rd February 2024 By: Riaan de Lange

‘Actual’ means to exist in fact – in other words, to be real. There are not many occasions, during the course of the year, when I despair at having to write a piece for this column. The State of... 


Image of Chile map/flag
Centinela second concentrator project, Chile
23rd February 2024 By: Sheila Barradas

Antofagasta and Marubeni Corporation have reported that the project will have a 36-year mine life, based on Centinela’s substantial ore reserve of two-billion tonnes. 


Image of Zimbabwe map/flag
Zulu lithium/tantalum project pilot plant, Zimbabwe – update
23rd February 2024 By: Sheila Barradas

Premier African Minerals intends to raise £2.48-million before expenses through a subscription to advance its Zulu project. 


Sylvania reports positive results despite lower PGM prices
22nd February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower... 


Awards will showcase African supply chain excellence
22nd February 2024

Entries are open for the 2024 Africa Supply Chain Excellence Awards. This prestigious annual event, which is now in its third year, acknowledges the vital role played by supply chain management and... 


Minas-Rio
Integration of Vale’s Serpentina resource has potential to expand Anglo’s Minas-Rio output
22nd February 2024 By: Darren Parker

Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio... 


E-toll gantries
Gauteng govt has yet to show how it will finance its portion of GFIP debt
21st February 2024 By: Darren Parker

The Gauteng provincial government has yet to show how it will fund its previously agreed 30% contribution of R12.9-billion of the total outstanding debt of R47-billion for phase 1 of the Gauteng... 


Consumers
South African inflation picks up in January
21st February 2024 By: Reuters

South Africa's headline consumer inflation quickened to 5.3% year on year in January from 5.1% in December, data showed on Wednesday. Key contributors to the annual inflation rate included food,... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


Incoming Aveng CEO Scott Cummins
No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar
20th February 2024 By: Terence Creamer

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
20th February 2024 By: Creamer Media Reporter

North American lithium producer Sayona Mining has announced feasibility study results that demonstrate the value of its Moblan lithium project, forming the centrepiece of the company’s Eeyou... 


Aerial view of a GFIP highway and e-toll gantries
Lesufi confident e-tolls to end by March
20th February 2024 By: Schalk Burger

Gauteng Premier Panyaza Lesufi, in his State of the Province Address (SoPA) on February 19, said the provincial government had met with the Finance and Transport Ministers on January 26, and that... 


Roads
Dispute over 5km road could highlight far bigger roadbuilding problem for Gauteng
20th February 2024 By: Terence Creamer

A legal dispute over the granting of an environmental authorisation for a 5-km new road, the K148, in southern Gauteng has the potential to highlight serious legal impediments to the development of... 


Police Minister Bheki Cele
Cele hands over cars to boost Hawks fleet, notes killing of 22 officers
19th February 2024 By: Thabi Shomolekae

Police Minister Bheki Cele on Monday expressed confidence in the work of the Directorate for Priority Crime Investigation (DPCI), or the Hawks, and handed over a new fleet of cars to improve... 


South African military is at war without helicopter-service deal
19th February 2024 By: Bloomberg

South Africa has deployed its troops into two wars without renewing a maintenance contract needed to keep its essential attack and transport helicopters flying. A so-called fixed-cost contract... 


Wimpie Krügel, an Engineer in JG Afrika’s Roads & Highway Division and a Road Safety Auditor
JG Afrika helps to fast-track wind energy projects in South Africa
19th February 2024

JG Afrika, a leading engineering consultancy with a more than 100-year-long track record providing cutting-edge technical services, is closely associated with the Renewable Energy Independent Power... 


WearCheck’s technical manager, Steven Lumley
SLIDING THROUGH TIME: Lubrication from stone age to modern age
19th February 2024

In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in... 


The Ultra T.14
Tata launches new range of smart trucks in South Africa
16th February 2024 By: Schalk Burger

Multinational automobile manufacturer Tata Motors, through its authorised distributor Tata Africa, has announced the commercial launch of its range of multipurpose heavy-duty trucks, namely the... 


Image of Cape Town mayor Geordin Hill-Lewis
Cape Town greenlights fund to help build rental units in lower-income communities
16th February 2024 By: Irma Venter

The City of Cape Town Mayoral Committee (Mayco) has greenlit the creation of a Development Charges Fund to support micro-developers in building affordable housing in lower-income communities.  The... 


Image of Road Freight Association (RFA) CEO Gavin Kelly.
Fuel price hike will impact consumers and the road freight industry – RFA
16th February 2024 By: Irma Venter

Fuel is rapidly crossing the 50% mark as a share of daily road transport operating costs, depending on the type of transport operation, with rising costs likely to be passed on to the consumer,... 


Three dead as bus carrying B2Gold employees attacked in Mali
16th February 2024 By: Reuters

B2Gold Corp on Thursday said three of its employees died after sustaining injuries in an attack on an employee transport convoy in Mali. A bus transporting B2Gold employees from the Fekola Mine to... 


Photo of Terence Creamer
Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Electric buses to be rolled out in Tshwane, eThekwini
16th February 2024 By: Irma Venter

Tshwane and eThekwini could see the roll-out of 39 electric commuter buses by the end of next year. The introduction of the zero-emissions vehicles will form part of a pilot project funded by the... 


IMAGE OF TULU KAPI DRILL CORE
Tulu Kapi gold project, Ethiopia – update
16th February 2024 By: Sheila Barradas

Following meetings with senior representatives of stakeholders for Kefi’s Tulu Kapi project at this year’s Investing in African Mining Indaba, all parties in the funding syndicate will go to their... 


An image of the TITAN AdBlue product offering from FUCHS
Ancillary product reduces harmful emissions
16th February 2024 By: Trent Roebeck

Lubricant supplier FUCHS Lubricants South Africa introduced TITAN AdBlue – an ancillary product that helps reduce diesel exhaust emissions – for use in buses, trucks and agricultural vehicles.... 


An image of FUCHS Local Segment Lead Andy Weddell
Manufacturer introduces ‘evolved’ engine oil
16th February 2024 By: Trent Roebeck

As a successor to its TITAN CARGO MAXX 10W40 performance engine oil, lubricant manufacturer FUCHS Lubricants South Africa now offers the TITAN CARGO MAXX II performance engine oil, which also has a... 


MOZAMBIQUE-SECUNDA PIPELINE
Rompco operates the 865 km pipeline linking Mozambique’s gas fields to markets in Mozambique and industrial operations in Secunda
Pipeline progress enhances Southern Africa’s energy market, capacity
16th February 2024 By: Simone Liedtke

Gas is a key enabler for economic growth and social development in the Southern Africa region, and a cleaner alternative to fossil fuels, says joint venture (JV) Republic of Mozambique Pipeline... 


A three story high reactor manufactured by Viva Engineering with people in PPE under it to show scale
Complex SA-DRC reactor project recognised
16th February 2024

The fabrication, in South Africa, of six large reactors for the Azmet Reactor project, being undertaken at a mine in the Democratic Republic of Congo (DRC), is a “massive achievement” after it was... 


Premier to raise £2.48m for its Zulu project
15th February 2024 By: Tasneem Bulbulia

Aim-listed Premier African Minerals intends to raise £2.48-million before expenses through a subscription to advance its Zulu lithium and tantalum project. “This placement assures Zulu of plant... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


Palladium bars.
Now palladium comes under the Heraeus-Sibanye spotlight to boost hydrogen economy
15th February 2024 By: Martin Creamer

Germany’s Heraeus Precious Metals and South Africa’s Sibanye-Stillwater are partnering to explore new applications for platinum-group metals (PGMs) in the hydrogen economy, with a specific focus on... 


Image of concrete being laid
Admixtures help manage effects of extreme weather
15th February 2024

Extreme weather conditions such as very hot or cold ambient temperatures can affect both strength and open time, when working with concrete. CHRYSO Southern Africa technical manager Patrick... 


Budget expected to show conditions remain unsupportive of fiscal consolidation – Nedbank
15th February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,... 


A toll gantry on the N12
Up to 12% of Gauteng motorists still paying their e-toll bills, says Outa
15th February 2024 By: Darren Parker

Between 10% and 12% of road users in Gauteng are still paying for e-tolls, despite the October 2022 announcement by Finance Minister Enoch Godongwana that e-tolls would be scrapped, Organisation... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
Hydrogen cars come into sharp new focus as global climate politics takes turn for better
14th February 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


Image of Cape Town Mayor Geordin Hill-Lewis and city manager Lungelo Mbandazayo 
Cape Town to invest R43bn in infrastructure in the next three years – mayor
14th February 2024 By: Irma Venter

Cape Town Mayor Geordin Hill-Lewis says the city will invest R43-billion in infrastructure over the next three years. The ten-year project pipeline is valued at R120-billion. 


Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
14th February 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


Significant progress made on R292m Sir Lowry's Pass river upgrade
14th February 2024 By: Natasha Odendaal

Since breaking ground on the R292-million major upgrade of the Sir Lowry’s Pass river a year ago, the City of Cape Town is on track to complete the project in 2026. The upgrades, in an effort to... 


Numsa declares dispute against bus employers, warns of national strike
13th February 2024 By: Tasneem Bulbulia

The National Union of Metalworkers of South Africa (Numsa) says it has reached a deadlock and declared a dispute against employers at the South African Road Passenger Bargaining Council (SARPBC),... 


Western Cape agency identifies key aviation trends during 2024
13th February 2024 By: Rebecca Campbell

Western Cape trade, tourism and investment promotion agency Wesgro has identified five key air travel trends for this year. These are, in the agency’s terminology and order, “the race to meet... 


Komatsu’s 4800XPC rope shovel is not only an engineering marvel but once fully assembled, will also be the first of its kind in Africa
Heavy equipment manufacturer adopts cutting-edge innovations for sustainable mining
13th February 2024 By: Shannon de Ryhove

Leading heavy equipment manufacturer Komatsu provided insights into the company's pioneering development in the mining sector during an exclusive interview at the Investing in African Mining... 


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