ACG Metals appoints former US Secretary of State Pompeo as nonexec director

London-listed gold and silver miner ACG Metals has appointed Michael Pompeo as nonexecutive director. Pompeo is a former US Secretary of State, bringing to the board geopolitical and legal... 

RBM signs third PPA to procure a further 230 MW of wind power

Heavy mineral sands producer Richards Bay Minerals (RBM) has signed a third power purchase agreement (PPA) which brings its total agreed renewable energy power arrangements to 500 MW. The latest... 

Growthpoint to start construction of Olympus development ‘within months’

Following the soft launch of JSE-listed real investment trust Growthpoint Properties’ R2-billion Olympus mixed-use residential and retail development, in Sandton, Gauteng, in December, CEO Estienne... 

Better prospects ahead for South Africa’s agriculture sector, but risks remain

Following an estimated 4.8% output contraction in the agriculture sector in 2024, Bureau for Food and Agriculture Policy executive director and commodity markets manager Tracy Davids expects a... 

Rome Resources’ DRC projects unaffected by Goma invasion

Aim-listed Rome Resources has advised that its on-site activities, including drilling on the Mont Agoma and Kalayi base metal projects, in Democratic Republic of Congo (DRC), remain unaffected by... 

De Beers partners with Botswana-born Olympic medallist to drive sports investment

Diamond miner De Beers has named Botswana-born Olympic track and field gold medallist Letsile Tebogo as its global ambassador. Tebogo won a gold medal in the 200 m race at the 2024 Olympics, as... 

WFDB, others increasingly campaign for natural diamonds to drive demand

World Federation of Diamond Bourses (WFDB) president Yoram Dvash says the 2024 festive season showed some demand recovery for natural diamond jewellery, with sales having been stable. Notably, he... 

GoviEx confirms low-cost, high-value uranium economics for Muntanga project

TSX-V-listed GoviEx Uranium has announced strong feasibility study results for the Muntanga uranium project, in Zambia, confirming its low technical risk for a shallow openpit mine and heap... 

JDA starts Rea Vaya bus lane, station construction in Sandton

The Johannesburg Development Agency (JDA) has started with the Rivonia-Katherine Corridor road strengthening project, in Sandton. The project forms a vital component of the city’s Rea Vaya Phase 1C... 

Rising Chinese car sales in South Africa threaten industrialisation

While original-equipment manufacturers such as Toyota South Africa Motors (TSAM) welcome more competition in the automotive market, CEO Andrew Kirby says the influx of Chinese-brand vehicle imports... 

Expropriation Bill: AgriSA says threatened private property rights will impact investor confidence

In response to President Cyril Ramaphosa’s promulgation of the Expropriation Bill on January 23, industry body AgriSA maintains that the Bill poses a risk to private property rights, which is the... 

Regulatory barriers, limited charging networks stall EV progress despite tax incentive

Electric vehicle (EV) charging station company Zero Carbon Charge (Charge) has renewed calls for more policy support to address key barriers to electric vehicle (EV) adoption in South Africa,... 

RFA encourages careful study of Transnet network statement to avoid snags

Following Transport Minister Barbara Creecy’s approval of the publishing of the Transnet network statement, which facilities open access to South Africa’s rail network by third-party operators, the... 

G20 sets JET focus on Mpumalanga, says Seriti Green

With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the... 

Toyota South Africa Motors shows newest models on offer, including more hybrids

South Africa’s market-leading automotive manufacturer Toyota South Africa Motors (TSAM) has unveiled new models of vehicles that will enter the market throughout the year, including more hybrid... 

Thirteen new clusters join WEF initiative for reduced carbon emissions, economic growth

Thirteen new industrial clusters, from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden, Thailand and the UK have joined the World Economic Forum’s (WEF’s) Transitioning... 

More optimistic CEOs drive tech adoption, employment globally

Nearly 60% of CEOs expect global growth to increase over the next 12 months, which indicates a more positive outlook compared with 38% of CEOs having expected growth this time last year, and 18% of... 

SOEs remain a vital driver of industrialisation despite recent failures – Seifsa

Despite State-owned enterprises (SOEs) having come under great scrutiny in the last decade, they still have a critical industrialisation role to play. “Demand from SOEs still presents a massive... 

Kula forms JV for exploration on Malawi nobium prospect

ASX-listed Kula Gold has formed a joint venture (JV) with an unrelated third party called African Rare Metals to apply for an exploration licence on the Wozi niobium project, in Malawi. The terms... 

Unctad says mixed foreign direct investment activity in 2024 shows shifting dynamics

Foreign direct investment (FDI) globally grew by 11% to $1.4-trillion last year, but contracted by 8% when excluding flows through European conduit economies. United Nations Conference on Trade... 

Coaltech delves into new uses for coal discards among new research priorities

Research organisation Coaltech has announced an ambitious portfolio of projects for the 2025/26 financial year, demonstrating the organisation’s commitment to sustainability, environmental... 

Rome Resources confirms wide intercepts of tin, copper at Mont Agoma

Aim-listed tin exploration company Rome Resources has confirmed significant widths of tin mineralisation from the first two of five completed diamond core drill holes on the Mont Agoma tin... 

No meaningful progress on avian influenza vaccination risks more outbreaks this year

The South African Poultry Association (SAPA) says the sector remains vulnerable to renewed outbreaks of avian influenza, particularly as many European countries and most of the US are currently... 

Deep Yellow defers final investment decision on Tumas to March 2025

Following delays in receiving final costing and quotes for detailed engineering work, ASX-listed uranium miner Deep Yellow has decided to defer a final investment decision on its Tumas project, in... 

Guinea govt grants enviro approval for Predictive’s Bankan project

The government of Guinea has approved ASX-listed Predictive Discovery’s environment- and socia-l-impact assessment on the Bankan gold project. Having issued a certificate of environmental... 

Premier African Minerals, Canmax reaffirm goal to start flotation plants at Zulu

UK-based mining and exploration company Premier African Minerals has confirmed its principal shareholder Canmax Technologies remains committed to working with the company to ensure the... 

Tertiary dives deeper into silver discoveries at Mushima North

Aim-listed Tertiary Minerals has confirmed economically significant mineralisation of silver and cobalt at its Mushima North project, in Zambia, in addition to the project’s already identified... 

Kenmare reports slight improvement in full-year ilmenite output, shipments

London-listed Kenmare Resources delivered a strong finish to the year ended December 31, having exceeded the midpoint of its production guidance range for ilmenite and the upper end of guidance... 

Coega Development Corporation formally parts ways with suspended CEO

Following a thorough internal review and disciplinary process, the Coega Development Corporation (CDC) has decided to dismiss its suspended CEO Kwezi Tiya effective December 19. The CDC says Tiya... 

Botswana Diamonds applies for licences over new AI-identified targets

London-listed Botswana Diamonds has applied for three prospecting licences to secure key anomalies identified by its recent AI-driven exploration programme. The company’s AI analysis, which was... 

Holliday, Cutifani join new advisory organisation Resource Resolutions’s council

Newly established advisory organisation Resource Resolutions (RR) has announced that two industry executives will join its Global Advisory Council, Chad Holliday and Mark Cutifani. RR is using the... 

World Bank says developing economies face toughest growth conditions since 2000

The World Bank’s latest ‘Global Economic Prospects’ report states that developing economies are projected to finish the first quarter with the weakest long-term growth outlook since 2000. Even as... 

Association unpacks vast solar, storage advancements in Africa

Rwanda-based Africa Solar Industry Association (Afsia) notes in its latest ‘Africa Solar Outlook’ report that between 400 GW and 600 GW of solar capacity was installed, globally, in 2024, marking a... 

CreditSights questions cultural match between Rio Tinto, Glencore amid rumoured merger

Fitch Solutions company CreditSights says a rumoured merger between major diversified miners Rio Tinto and Glencore could result in a $126-billion company. However, the rumoured merger raises... 

AgriSA outlines priorities for South Africa’s G20 leadership

As South Africa assumed the presidency of the Group of 20 (G20) and its private sector engagement group Business 20, industry body AgriSA says this leadership position presents an opportunity for... 

Creecy says FlySafair request for exemption from ownership regulations ‘premature’

Transport Minister Barbara Creecy has called airline FlySafair's request for an urgent Ministerial exemption from a disputed legal provision of the Air Service Licensing Act "premature". She has,... 

Danish bank expresses interest in financing GreenRoc graphite project in Greenland

Greenland-focused GreenRoc Strategic Materials has received a letter of interest from the Export and Investment Fund of Denmark (EIFO) to provide funding for the company’s Amitsoq graphite project,... 

Metlen confirms it will build first-ever industrial gallium plant in Greece

Athens-listed industrial and energy company Metlen Energy & Metals has confirmed that it will proceed with the implementation of a new large-scale investment in the production of bauxite, alumina... 

US will likely be star performer amid world economic woes

The World Economic Forum (WEF) finds in its latest ‘Chief Economists Outlook’ report that only 17% of economists foresee an improvement in the global economy this year, with 56% of respondents... 

Godongwana notes importance of collaboration as South Africa seeks international support at WEF

Finance Minister Enoch Godongwana has emphasised the importance of collaboration between business and government as South Africa has an opportunity to highlight its strengths on the global stage....