Copper 360 takes steps to secure wind energy for its Northern Cape projects

JSE-listed copper producer Copper 360 has concluded an agreement with Mulilo Renewable Project Developments to acquire 100% of Mulilo Springbok Wind Power (MSWP). MSWP is the owner of a project to... 

Summit expected to be watershed moment for development finance in Africa

South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides... 

Kumba to report nearly 50% drop in headline earnings for 2024

JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of... 

Amplats warns of up to 46% decline in headline earnings for 2024

JSE-listed platinum group metals (PGM) producer Anglo American Platinum (Amplats) has warned that its headline earnings and headline earnings per share (HEPS) for the 12 months ended December 31... 

SABS still cannot access its systems several months after cyberattack

Following a ransomware attack on the South African Bureau of Standards’ (SABS’s) IT systems in November last year, it has been revealed that the State-run entity’s systems are still encrypted and... 

SBI wants Ramaphosa to put small businesses first

The Small Business Institute (SBI) has called on President Cyril Ramaphosa to place small businesses at the centre of his growth agenda for the country at his upcoming State of the Nation Address... 

Safair given 12 months to rework its ownership structure

The Department of Transport has confirmed that the Domestic Air Services Council has directed privately owned low-cost airline Safair to comply with the requirements of the Air Services Licensing... 

Sasol warns of drop in interim earnings on impairments, lower prices

Energy and chemicals company Sasol has warned that its headline earnings per share (HEPS) are likely to decrease by between 26% and 36% year-on-year, to between R13 and R15, for the six months... 

Sappi delivers improved quarterly performance across all segments

Although global macroeconomic conditions were unfavourable during the first quarter of paper manufacturer Sappi’s 2025 financial year, the company reported improved year-on-year profitability... 

CDE calls on Ramaphosa to show how GNU is enacting much-needed reforms

The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity... 

New report highlights lack of transparency in coloured gemstone industry

A new report from coloured gemstones miner Gemfields on the emerald, ruby and sapphire markets “… serves as a reminder of how far the coloured gemstone industry still has to go to reach the levels... 

Wind turbines on their way to Ummbila Emoyeni facility

Nine turbines, including 27 blades and other components, are being transported on the N2, from Richards Bay to Seriti Green’s Ummbila Emoyeni wind energy facility in Bethal, Mpumalanga. The... 

Wanblad calls on African govts to be more fair-minded in mining risk/reward balance

In a mining era that requires collaboration and partnerships between the public and private sectors, Anglo American CEO Duncan Wanblad has called on African governments to adopt a more fair-minded... 

Canyon Resources gets Cameroon govt’s approval for inland rail facility location

ASX-listed bauxite developer Canyon Resources has announced that the location of its inland rail facility (IRF) has been approved by the Cameroon government. In addition, Canyon Resources’... 

Demand for copper, nickel, rare earths, lithium to quadruple by 2040, report says

Key minerals such as copper, nickel, rare earths and lithium are on the brink of an unprecedented demand surge, projected to nearly triple by 2030 and quadruple by 2040, according to accounting... 

Harmony on track to meet full-year guidance after robust first-half performance

JSE-listed Harmony Gold remains on track to meet the upper end of its full-year production guidance of between 1.4-million and 1.5-million ounces, while all-in sustaining costs (AISC) remain... 

Marula confirms high-grade copper content in stockpiled concentrate at Tanzania project

Assay results of copper ore samples taken from AQSE- and A2X-listed Marula Mining’s Kinusi copper mine, in Tanzania, have confirmed the high-grade copper content of the copper concentrates... 

African Dawn Investments forms partnership to roll out EV chargers, BESSs across South Africa

Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to... 

Heraeus partners with Mattiq to develop low-iridium catalysts

Clean chemistry company Mattiq has entered into a strategic partnership with precious metals company Heraeus Precious Metals to develop and commercialise advanced electrocatalyst materials for... 

IMF projects South Africa’s GDP growth will reach 1.5% this year

The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome... 

Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time

Engineer Gerhard ‘Moolies’ Moolman arrived back safely in South Africa on January 10 after successfully completing a 4 050 km trip across the Atlantic ocean on a uniquely engineered rowing boat... 

Mediclinic to roll out microgrids at its hospitals

Healthcare provider Mediclinic has solar PV panels installed at 28 of its sites across the country and is gearing up to roll out a national project aimed at installing microgrids that integrate... 

Vala Zonke pothole repair programme overlooks root causes of crumbling roads

When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking... 

Vala Zonke pothole repair programme overlooks root causes of crumbling roads

When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking... 

G3 Citrus Estates adds significant solar power upgrade

Citrus producer G3 Citrus Estates, in Weipe, Limpopo, has added 812 kW of solar PV and 2.28 MWh of battery storage to its existing solar-powered renewable electricity system, with commissioning set... 

Endeavour reports its highest-ever dividend for the second half of 2024

LSE- and TSX-listed gold producer Endeavour Mining has reported its highest-ever dividend to shareholders for the second half of 2024, amounting to $140-million or $0.57 a share. This brings the... 

MMC signs deal to get 70% of its power from NOA’s renewable sources

Manganese producer and exporter Manganese Metal Company (MMC) has entered into an energy supply agreement with integrated energy utility NOA Group to secure an estimated 70% of its electricity from... 

Suiso’s R31.5bn coal-to-fertiliser, methanol project passes BFS stage

The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was... 

Wits Business School partners with Services Seta

Wits Business School (WBS) has formalised its partnership with the Services Sector Education & Training Authority (Services Seta) at a special signing ceremony on January 28, furthering... 

CSIR monitoring wind disruptions in Cape Town that are undermining fruit exporters

The Centre for Scientific and Industrial Research- (CSIR-) hosted Alliance for Collaboration on Climate and Earth Systems Science (Access), along with other CSIR researchers and partners, have... 

New approach to leadership key to navigating 2025 mining industry challenges, report says

A new approach to leadership in the mining and metals sector will be key to navigating challenges, such as volatile supply chains and potential metal shortages, this year, with organisations that... 

Perseus reports strong quarterly production, cash position

ASX-listed Perseus Mining has reported strong production, cash flow and growth for the second quarter of its 2025 financial year, resulting in a cash and bullion balance of $704-million as at... 

First Quantum hands over aerial geological survey of Copperbelt to Zambian govt

TSX-listed copper miner First Quantum Minerals (FQM) has handed over a complete aerial geological survey of the Copperbelt to the Zambian government.   The survey, which was handed over to Zambia’s... 

Independent probe into allegations of corruption, mismanagement at SABS to be launched

Amid persistent allegations of corruption and mismanagement at the South African Bureau of Standards (SABS), the Department of Trade, Industry and Competition (dtic) has finally announced the... 

Prescient launches new domestic fund with R200m seed capital

Investment management company Prescient Investment Management has launched the Prescient Domestic Balanced Fund, seeded with an initial investment of R200-million. The fund has a number of unique... 

Underperforming BEV sales in Europe may benefit palladium demand

According to technology group Heraeus, last year saw modest growth in car sales within the EU, while the market share of battery electric vehicles (BEVs) declined. Heraeus reported on January 27... 

Altona finalises agreement to acquire 85% interest in Botswana copper project

London-listed Altona Rare Earths has announced that, further to the exercise of the Sesana copper project option announced on July 29, 2024, it has entered into a final agreement with Ignate... 

Barrick notes its $4.25bn investment into Tanzania so far

NYSE- and TSX-listed Barrick Gold has injected more than $4.24-billion into the Tanzanian economy since establishing the Twiga joint venture (JV) with the government in 2019. Its contribution for... 

Premier to raise £540 000 through new subscription

Aim-listed Premier African Minerals has announced a subscription for 2.7-billion new ordinary shares to raise about £540 000 before expenses at an issue price of 0.02p per new ordinary share.... 

Novel South African-engineered mobile rescue winder instrumental in Stilfontein rescue

The rescue of 246 surviving illegal miners from the Stilfontein shaft in less than three days was enabled by a locally designed and manufactured Mobile Mines Rescue Winder (MMRW), equipped with...