New Concept Mining launches hard-rock drill manufacturing plant in Johannesburg

New Concept Mining (NCM), which is part of Swedish-headquartered Epiroc, on September 13 launched its Hydraulic Rock Drill (HRD) manufacturing plant in Aeroton, Johannesburg. Epiroc manufactures... 

New effort to combat mining water pollution

Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock... 

Tharisa’s proprietary chrome alloy process

London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,... 

Sibanye to further restructure its US operations, posts loss in challenging commodity price environment

Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E)... 

Master plan supporting clothing, textile businesses

The Department of Trade, Industry and Competition (dtic) has highlighted the stories of two companies that operate in the clothing and textile sector to underline the importance of sector master... 

Emfuleni municipality’s bank accounts attached for Eskom to recover R8bn debt

Power utility Eskom says the Sheriff of the Court has successfully attached the Emfuleni municipality’s four bank accounts for Eskom to recover about R8-billion in arrear debt, ensuring that the... 

SAIF takes an important step in radioisotope production

The South African Isotope Facility (SAIF), an infrastructure of the iThemba Laboratory for Accelerator Based Sciences (NRF-iThemba LABS), on September 6 dispatched the first irradiated... 

Barrick to complete feasibility study for Zambian project expansion by year-end

Canada-headquartered Barrick Gold expects to complete the feasibility study for the expansion of its Lumwana mine, in Zambia, by the end of the year, paving the way for construction to start in... 

Kal Tire driving mining sustainability in South Africa through innovation

Canadian-headquartered independent tyre dealer Kal Tire, through its Mining Tire Group, has invested considerably in innovation to provide mining customers with tools and offerings that can help... 

Pan African’s full-year profits rise on higher production, sales and prices

JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and... 

Logitech seeks to help South African businesses in the 'new world of work'

Computer peripherals and software manufacturer Logitech is aiming to provide video conferencing and other solutions for the “new world of work” to the South African market, through its Logitech for... 

Vukile acquires €176m shopping centre portfolio in Portugal

JSE-listed Vukile Property Fund’s 99.5% held Spanish subsidiary Castellana Properties has agreed to acquire a high-quality, blue-chip-tenanted portfolio of three shopping centres in Portugal.... 

Andrada, SQM partner to develop Namibian lithium project

Critical raw materials producer Andrada Mining and lithium chemicals producer Sociedad Química y Minera de Chile SA, through its subsidiary SQM Australia, have entered into a three-stage earn-in... 

Wesizwe appoints contractor to execute concentrator rectification plan

JSE-listed Wesizwe Platinum says in an operational update that it has awarded a contract to an experienced contractor to start implement a rectification plan of the concentrator plant at its... 

Building sentiment improves again in the third quarter, but remains muted

The First National Bank (FNB)/Bureau for Economic Research Building Confidence Index, which measures sentiment in the building sector, rose to 40 in the third quarter, from 35 in the previous... 

Improving Transnet’s performance key to bolstering economic growth – BLSA

Recent statistics have underscored how crucial it is to fix State-owned enterprise (SOE) Transnet, with second-quarter GDP growth of 0.4% still insufficient to achieve the necessary progress in the... 

WiMBIZ conference highlights opportunities, considerations for women in mining

Nonprofit organisation Women in Mining Business South Africa (WiMBIZ) held a one-day conference on September 5, to explore how women can leverage technology, finance and networking to build... 

Rebranded WEG committed to supporting customers meet their sustainability goals

Electrical equipment manufacturer WEG has worked for a year to internally evolve its brand, rebranding from Zest WEG to WEG, and with this comes an increased focus on sustainability. WEG has... 

IFC, Proparco, DEG and DFC provide finance to Aspen for medicine, vaccine production

The International Finance Corporation (IFC), Proparco, the German Development Finance Institution (DEG) and the US International Development Finance Corporation (DFC) have announced a joint... 

Second-quarter GDP growth of 0.4% still weak

Real GDP grew by a minimal 0.4% in the second quarter of the year, which could represent a turning point in the country’s business cycle, whose growth performance has been too low for too long,... 

DBSA approves $200m for Lobito Corridor Railway project

Development finance institution the Development Bank of Southern Africa (DBSA) has, alongside the US International Development Finance Corporation (DFC), approved funding of up to $200-million... 

New, expanded TWIMS, Toyota Teach facilities launched

Automotive company Toyota South Africa’s Toyota South Africa Educational Trust last month commemorated its new, expanded Toyota Wessels Institute for Manufacturing Studies (TWIMS) and Toyota Teach... 

Panel ponders considerations, challenges of adapting personal income tax, fiscal system

While progressive reforms have been made to South Africa’s personal income tax (PIT) system since the advent of democracy, the potential to bolster this further with the aim of increasing revenue... 

Mkango's HyProMag subsidiary continues to progress towards commercial production

During the three months ended June 30, London-listed Mkango Resources continued to advance its recycling interests in the UK and Germany – held through its HyProMag subsidiary – towards commercial... 

Menell appointed chairperson of Perseus

ASX- and TSX-listed Perseus Mining has appointed Rick Menell independent, nonexecutive chairperson of the board, with immediate effect. Menell will succeed interim executive chairperson Jeff... 

Home Affairs aiming to clear visa backlog by December – Minister

Home Affairs Minister Dr Leon Schreiber is confident that the department will be able to clear the 300 000-plus visa backlog by December, as he looks to tackle key issues facing the entity and... 

Orion secures priority rights for SA project

JSE- and ASX-listed Orion Minerals has been granted two high-priority prospecting rights over the greater Flat Mines Area surrounding the Flat Mines mining right, in the Northern Cape. This marks... 

Digitalisation can help bolster safety across mines and factories

While South Africa has made notable progress in reducing occupational injuries and diseases in the mining and industrial sectors, more needs to be done – including bolstering collaboration and... 

Digitalisation can help bolster safety across mines and factories

While South Africa has made notable progress in reducing occupational injuries and diseases in the mining and industrial sectors, more needs to be done – including bolstering collaboration and... 

South32 finishes year strongly, expands capital management programme

Australia-headquartered South32’s financial results for the 2024 financial year were bolstered by an improved operating performance, disciplined cost management and higher prices for its key... 

ICMM, INAP collaborate to help mining operations address water pollution

Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock... 

Southern Palladium reports considerable increase in resources at Bengwenyama UG2 Reef

ASX- and JSE-listed Southern Palladium has released a third mineral resource update for the Upper Group 2 (UG2) Reef to be used in the prefeasibility study (PFS) for its 70%-owned Bengwenyama... 

Tharisa produces chrome alloy in alignment with beneficiation strategy

London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,... 

Pasofino engaging with companies for strategic review process

Canada-based mineral exploration company Pasofino Gold has reported that significant progress is being made with the ongoing strategic review process aimed at advancing the Dugbe gold project, in... 

AFC to support Nigerian gas-to-methanol plant development

Infrastructure solutions provider Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest gas-to-methanol plant, in Akwa Ibom, Nigeria. The project... 

Ramaphosa assigns responsibilities for several SOEs to their respective Ministries

President Cyril Ramaphosa has assigned shareholder responsibility for each of the State-owned enterprises (SOEs) that previously fell under the Department of Public Enterprises (DPE) to the... 

Inaugural report offers suggestions to improve Africa’s exports

Multilateral development finance institution the Arab Bank for Economic Development in Africa (Badea) has released its inaugural ‘2023 Africa Export Competitiveness Report’. The report is aimed at... 

BLSA CEO highlights opportunities, concerns in reform of logistics sector

South Africa’s electricity story is an example of what can be achieved when a problem is approached in a new way, and holds potential lessons for other industries, business organisation Business... 

Africa’s energy transition must be balanced – ISS

Africa’s energy transition must strike a “delicate” balance, with the continent needing to find a balance between addressing its energy needs and mitigating carbon emissions, Institute for Security... 

Speakers highlight challenges, opportunities for women in agriculture

There is a need to increase the participation of women in agriculture through initiatives that will unlock opportunities and overcome challenges, speakers highlighted during PepsiCo South Africa’s...