Aterian completes initial target generation at Botswana project

Following the conclusion of a share purchase agreement to acquire a 90% interest in Atlantis Metals, in Botswana, in April, Aim-listed Aterian has completed initial target generation using... 

Manufacturing production increased by 1.7% y/y in July

In its preliminary Manufacturing: Production and Sales report, Statistics South Africa (Stats SA) reveals that manufacturing production increased by 1.7% year-on-year in July. Stats SA industry... 

Sylvania posts lower full-year earnings on the back of low PGM prices

Aim-listed Sylvania Platinum reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $13.5-million for the financial year ended June 30, an 80% decrease on the Ebitda of... 

Localisation Fund backs textile businesses

With the local retail-clothing, textile, footwear and leather (R-CTFL) sector accounting for about 14% of South Africa’s manufacturing employment, nonprofit company the Localisation Support Fund... 

Dept confident of successfully managing data migration for South Africa's new mining cadastre

South Africa's new mining cadastral system, called project Indwe, is currently in the design and development phase and on track for roll-out in June 2025, Department of Mineral Resources and Energy... 

Australian mining companies’ investment into Africa reaches $60bn

Reflecting its long-term commitment to Africa’s future, Australian mining companies have invested about $60-billion into Africa. Speaking at this year’s Africa Down Under conference, on September... 

South Africa's mining sector 'gearing for growth' as reforms yield results

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 

South African exploration fund attracts 115 applications – Mantashe

South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe told attendees at this year's Africa Down Under conference, in Perth, Australia, on September 4, that the country's Department... 

Optix launches tech to improve road safety

With about 80% of road crashes in South Africa caused by human error, fleet camera provider Optix, aims to facilitate, monitor and maintain positive human behaviour shifts geared towards safer... 

Switchgear manufacturer unveils cutting-edge products at Electra Mining

Energy equipment and solutions provider CHINT Global will showcase its latest advancements in smart energy solutions at this year’s Electra Mining Africa conference, to be held at the Johannesburg... 

Cesa Aon Engineering Awards a celebration of collaboration

The 2024 Cesa Aon Engineering Excellence Awards, held in Midrand, on August 14, celebrated and honoured the outstanding contributions of South Africa’s consulting engineering sector towards... 

Metso clinches €20m grinding mill order

Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about... 

Bidcorp achieves higher full-year earnings, trading profit

International broad-line foodservice group Bidcorp has reported a 15.9% increase in group trading profit to R12.2-billion for the financial year ended June 30. Headline earnings per share (HEPS)... 

Transnet Pipelines welcomes sentencing of fuel thief

Transnet Pipelines (TPL) has welcomed the recent 35-year sentence imposed on a Zimbabwean national for tampering with essential infrastructure, the theft of fuel and being in possession of stolen... 

Sovereign starts hydraulic mining trial at Kasiya

ASX-listed Sovereign Metals has begun a hydraulic mining trial at its Kasiya rutile/graphite project, in Malawi, as part of the ongoing pilot phase of its pilot mining and land rehabilitation... 

Gem recovers 129.71 ct diamond at Letsêng

London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year. 

WAF maintains full-year production guidance

ASX-listed unhedged gold mining company West African Resources (WAF) has produced 107 644 oz of gold at $1 223/oz all-in-sustaining-costs (AISC), generating A$116-million in cash flow from... 

Assay results confirm high-grade zone at Marula’s Kenyan manganese project

Aim-listed Marula Mining has received assay results from channel samples taken from manganese ore within licensed areas that will provide run-of-mine (RoM) material to the recently acquired Kilifi... 

Endeavour signs settlement agreement with Lilium

London-listed Endeavour Mining and Lilium Gold have signed a settlement agreement involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines. Pursuant to... 

Goldplat achieves £4.36m operating profit as Ghana operation performs strongly

Aim-listed Goldplat has reported a 267% year-on-year increase in operating profit, to £4.36-million, for the fourth quarter of its 2024 financial year. The company says its Ghanaian operations... 

Jubilee enters into PPA for hydro, solar power in Zambia

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 

Partnership formed to responsibly dispose of end-of-life hearing devices, batteries

Used or end-of-life hearing devices, button batteries and related electronic and electrical equipment will be diverted from South Africa’s landfills, owing to a collaboration between Producer... 

West Wits completes $1.5m capital raising

ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to raise $1.5-million before costs through the issue of convertible... 

Fifth cidb ERWIC Awards recognise catalysts for change in construction industry

This year’s Empowerment and Recognition of Women in Construction (ERWIC) Awards, hosted by the Construction Industry Development Board (cidb) on August 22, highlighted the importance of diversity... 

Vukile concludes oversubscribed R796m unsecured bond issue at record low pricing

JSE-listed retail real estate investment trust (Reit) Vukile Property Fund has issued R796-million of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Vukile... 

Lucapa posts 13% increase in interim Ebitda

ASX-listed Lucapa Diamond Company has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.4-million for the six months ended June 30 – a 13% year-on-year... 

Lobito Atlantic Railway begins exporting copper from the DRC to the US

Railway operator Lobito Atlantic Railway (LAR) has reported that the first shipment of copper destined for the US left the port of Lobito, in Angola, this week, loaded on the MSC SAMU container... 

Highlighting indigent subsidy red tape, social housing association warns on electricity price hike

The National Association of Social Housing (Nasho) has urged government to consider alternatives for the social housing sector as electricity tariffs are set to increase further, arguing that... 

ESG risk should be integrated into organisational risk processes

As emphasis on environmental, social and corporate governance (ESG) grows globally, integrating ESG into effective risk management plays a key role in strategy development, panellists noted during... 

GCCA issues ‘Call to Action’ on food supply chain resilience

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade Area (AfCFTA) and to boost prosperity, food supply chain resilience and... 

Survey reveals 60% growth in wind energy projects

The South African Wind Energy Association (SAWEA) has released results from the 2024 South African Renewable Energy Grid Survey (SAREGS), presented on August 21 by State-owned Eskom's National... 

Research ensuring sustainable future for Southern Africa’s sizeable citrus industry

Internationally recognised research conducted by Citrus Research International (CRI) and its network of collaborative research associations, is helping to protect Southern Africa's citrus industry... 

Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond

Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray... 

Perseus to sell its shareholding in Montage Gold

ASX-listed Perseus Mining has agreed to sell 33-million common shares in the capital of TSX-V listed gold explorer and aspiring developer Montage Gold Corp to BMO Nesbitt Burns at a price C$1.86 a... 

Localisation Support Fund supports local clothing, textiles businesses

With the local retail-clothing, textile, footwear and leather (R-CTFL) sector accounting for about 14% of South Africa’s manufacturing employment, nonprofit company the Localisation Support Fund... 

Conference highlights SADC rail opportunities, challenges

Highlighting the critical role of rail in boosting economic prosperity and trade in Africa, this year’s Southern African Railways Association (SARA) Conference and Exhibition emphasised the theme... 

Wetility, A2Pay partner to provide affordable solar solutions for spaza shops

In response to the impacts of frequent power outages on small businesses in underserved communities, particularly small and microenterprises such as spaza shops, an innovative partnership between... 

Aterian to start drilling on Rwanda project in September

London-listed critical metal-focused exploration and development company Aterian expects to start drilling at the HCK project, in Rwanda, in September. The project is a joint venture with... 

Hummingbird completes refinancing package with Coris Bank

Aim-listed Hummingbird Resources has completed the strategic refinancing of a portion of its existing loan facilities with the company's principal financing partner Coris Bank International.... 

Wärtsilä signs decarbonisation agreement for Madagascan power plant

The renewal of technology group Wärtsilä’s operations and maintenance (O&M) agreement with QIT Madagascar Minerals (QMM), which is part of the Rio Tinto group, has been expanded to include a...