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... 

Challenging environment hits mining but jobs unaffected

South Africa’s mining industry underperformed in several areas last year owing to considerable challenges; however, employment defied the poor operating environment and grew, industry organisation... 

Women still facing many challenges in the workplace – panel

While some strides have been made to increase the participation of women in business, gender parity is still way below the level it should be in the country, as is women’s participation in... 

Committee to call on Lamola, Dirco to provide feedback on efforts to help free two engineers imprisoned in Equatorial Guinea

The families of Frik Potgieter and Peter Huxham, two South African engineers who have been imprisoned in Equatorial Guinea for 558 days, this week attended a session of Parliament to appeal to the... 

Revised PEA for Oroco’s Mexico project delivers positive results

TSX-V-listed Oroco Resources has published the results of a revised preliminary economic assessment (PEA) and updated mineral resource estimate for the North zone and South zone of its Santo Tomas... 

Sibanye refinances, upsizes credit facility, concludes R1.8bn gold prepay arrangement

JSE- and NYSE-listed Sibanye-Stillwater has refinanced and upsized its rand revolving credit facility (RCF) from R5.5-billion to R6-billion and has also concluded a R1.8-billion gold prepayment... 

Inaugural symposium explores opportunities, challenges for women in mining

South Africa’s mining industry has made some strides in improving gender parity; however, more needs to be done to bolster this, including tackling issues such as gender-based violence, speakers... 

Saboa conference unpacks public transport condition, complexities

Nonprofit industry member organisation the South African Bus Operators Association’s (Saboa) yearly conference, held last week under the theme “Sustainability of the Bus Industry”, entailed a... 

Built environment must leverage emerging technologies to mitigate climate change impacts

Climate change is impacting on the built environment and the industry must bolster its efforts to mitigate this, levering the requisite emerging technologies, University of Florida Professor Chimay... 

Mahindra SA celebrates 20 000th Pik Up unit as it gears up for next growth phase

Vehicle manufacturer Mahindra South Africa (SA) is celebrating the milestone of having the 20 000th locally assembled Pik Up “bakkie” rolling off the line, as the company prepares for its next... 

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... 

Jubilee starts operations at Roan front-end upgrade project

Diversified metals producer Jubilee Resources Group has started operations at its Roan upgrade project, in Zambia. The start of the newly-built front-end section of the Roan operation adds... 

Orion granted high-priority prospecting rights for South African 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... 

Implats’ earnings fall on nearly R20bn of impairments

JSE-listed Impala Platinum’s (Implats’) basic earnings for the financial year ended June 30 were negatively impacted on by R19.8-billion of impairments, including the impairment of goodwill,... 

Gold Fields, Western Australia’s Ngadju people sign native title agreement

JSE- and NYSE-listed Gold Fields and the Ngadju Native Title Aboriginal Corporation (NNTAC) have announced the signing of an historic native title agreement. NNTAC is the representative body for... 

Mining industry impacted by challenging environment, but employment prevails

South Africa’s mining industry underperformed in several areas last year owing to considerable challenges; however, employment defied the poor operating environment and grew, industry organisation... 

Tertiary, FQM sign exploration due diligence agreement over Zambia project

Aim-listed Tertiary Minerals’ newly incorporated Zambian subsidiary, Copernicus Minerals, has signed a binding letter of agreement (BLA) with First Quantum Minerals (FQM) on the Mukai copper... 

Andrada subsidiary concludes funding agreement with Bank Windhoek

Aim-listed Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has concluded the N$175-million (about £7.5-million) funding agreements with Bank Windhoek Limited (BWL), as previously...