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Sabrina Jardim
Sabrina Jardim is a Creamer Media Online Writer for Engineering News and Mining Weekly.
Small Business Awards celebrate entrepreneurs
19th November 2024 The sixteenth 2024 South African Small Business Awards celebrated South Africa's top entrepreneurs and small businesses at a gala breakfast hosted by the National Small Business Chamber (NSBC), in Johannesburg, earlier this month. The awards honoured 20 small businesses and entrepreneurs,... →
Cabinet Ministers’ tour underscores FQM's role in achieving Zambia’s copper production ambitions
19th November 2024 Zambia's government has reaffirmed its commitment to fostering a favourable investment climate in the mining sector, citing significant production increases as evidence of the success of its policies, Canadian miner First Quantum Minerals (FQM) has said in a media release. Following a recent... →
Katoro completes initial reconnaissance fieldwork activities at Canadian uranium project
19th November 2024 Aim-listed Katoro Gold has completed initial reconnaissance fieldwork activities, alongside ongoing desktop work, on its 100%-owned White Pine uranium project in Ontario, Canada. White Pine was acquired through direct staking on the basis of a sustained, highly anomalous uranium in lake... →
GFRP Tech launches first of its kind manufacturing facility in South Africa
19th November 2024 Glass fiber reinforced polymer (GFRP) products supplier and manufacturer GFRP Tech has launched the first manufacturing facility of its kind in South Africa, in Linbro Park, Gauteng, for the manufacture of GFRP Rebar, GFRP Mesh and GFRP Bends. The sophisticated multimillion-rand facility has been... →
MMP looks to the future with a new strategy
18th November 2024 With a focus on research, development and innovation (RDI), the Mandela Mining Precinct (MMP) is implementing a new strategy for the next five years, with a focus on the future of the South African mining sector. Speaking at the 2024 Mining Technology and Innovation Showcase, on November 18, MMP... →
Kieswetter appointed as OECD Forum on Tax Administration vice chair
15th November 2024 South African Revenue Service (Sars) Commissioner Edward Kieswetter has been appointed as vice chairperson of the Organisation for Economic Cooperation and Development (OECD) Forum on Tax Administration (FTA). The announcement was made during the FTA Plenary held in Athens, Greece from November... →
PPPs, GNU can help foster development – Nyati
15th November 2024 Amid the fiscal constraints facing South Africa, public-private partnerships (PPPs) are key in driving development, said State-owned utility Eskom chairperson Mteto Nyati at this year’s Business Process Enabling South Africa, or BPESA, Global Business Services and Business Process Outsourcing... →
South Africa needs significantly more energy supply to support future growth
15th November 2024 South Africa will only meet its current energy demand requirement by 2040, according to a report by Standard Bank and Cresco Group. The market assessment of South Africa indicates solar PV nd wind installed capacity, utility and rooftop, will increase from 10 GW this year, to 37 GW by 2030 and 77... →
AIH Capital’s AIH Fund 1 acquires 49% equity interest in HDC
14th November 2024 AIH Fund I, under the management of private equity fund manager AIH Capital, has closed a second deal with High Duty Castings (HDC), resulting in the fund now owning 49% of the manufacturing company. HDC is a producer of grey iron castings for industry specific products, such as pumps and valves,... →
Johannesburg Planetarium relaunches as Wits Anglo American Digital Dome
13th November 2024 The University of the Witwatersrand (Wits), in partnership with diversified mining company Anglo American, have relaunched the old Johannesburg Planetarium as the Wits Anglo American Digital Dome, after major refurbishments. Wits has noted that the new Digital Dome is the largest of its kind in... →
Equites raises R558m in debt auction
12th November 2024 JSE-listed real estate investment trust (REIT), Equites Property Fund has raised R558-million through the public auction of three-year and five-year listed senior unsecured floating rate notes in the South African debt capital market. Equites raised R188-million in a three-year note maturing... →
Rhenus relocates to new facility in Johannesburg
12th November 2024 Global logistics service provider the Rhenus Group has strengthened its presence in Gauteng by relocating operations to a new facility in Meadowview, Johannesburg. This R440-million investment spans 28 000 m2, including 24 500 m2 of warehouse space and 3 000 m2 of office space, effectively... →
Goldplat reports £1.84m operating profit for the Sept quarter
12th November 2024 Aim-listed Goldplat’s two recovery operations in Ghana and South Africa achieved a combined operating profit of £1.84-million excluding listing and head office costs, finance cost and foreign exchange losses – for the quarter ended September 30, the first quarter of the group’s 2025 financial... →
Drier season produces lower than average yield for South Africa’s sugarcane growers
12th November 2024 This year’s sugarcane harvest is expected to be 10% lower than average, largely owing to unusually drier conditions in the majority of KwaZulu-Natal's growing areas, says industry body SA Canegrowers. →
Presidential Climate Commission delegation joins South African negotiators at COP29
11th November 2024 A senior delegation of the Presidential Climate Commission (PCC) has joined Forestry, Fisheries and the Environment Minister Dr Dion George, who is leading the South African delegation to COP29, being held from November 11 to 22 in Baku, in the Republic of Azerbaijan. The delegation is led by... →
Omitiomire a ‘stand-out’ copper project – Omico
11th November 2024 A bankable feasibility study on Namibian copper explorer and developer Omico Mining’s 95%-owned Omitiomire copper project, in Namibia, has estimated a $224-million net present value. The study has revealed an 18% internal rate of return after tax, a 3.7-year payback period and a 15 year... →
Eastplats reports 49.5% decrease in revenue
11th November 2024 JSE- and TSX-listed Eastern Platinum (Eastplats) has reported a 49.5% decrease in revenue to $11-million for the third quarter of the year ended September 30, compared with the $21.8-million reported for the third quarter of 2023. Revenue for the year-to-date (YTD) decreased to $45.5-million from... →
Petra names new chairperson as Shine confirms retirement
11th November 2024 London-listed Petra Diamonds says Varda Shine will not offer herself for re-election at the company's forthcoming AGM on November 13 and will retire from the board at the conclusion of that meeting. The board has appointed nonexecutive director José Manuel Vargas to succeed Shine as chairperson... →
Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the representative unions, the Association of Mineworkers and Construction Union (AMCU), the National Union of... →
Data indicates improving, stabilising electricity generation in South Africa – Minerals Council
8th November 2024 Latest data reflects steadily improving and stabilising electricity generation in South Africa, the Minerals Council South Africa notes. In its latest economic insights for September to October, the council notes that State-owned utility Eskom's energy availability factor (EAF) continues to... →
NRF achieves Level 1 BBBEE status
8th November 2024 The National Research Foundation (NRF) has achieved a broad-based black economic empowerment (BBBEE) Level 1 rating – a year earlier than the NRF board-approved target of reaching Level 2 by 2025. “We are incredibly proud of this milestone. Such an outcome is the result of a focussed and... →
Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12% zinc over an interval of 3.9 m. To date, 35 diamond drill holes have been drilled at Abu Marawat,... →
Sacci, CIPC join forces to support SME growth
7th November 2024 Recognising the challenging business environment in South Africa and committed to driving positive change, the South African Chamber of Commerce and Industry (Sacci) has partnered with the Companies and Intellectual Property Commission (CIPC), along with key stakeholders such as the Chartered... →
Zikalala calls for innovative construction solutions to respond to climate change
7th November 2024 Public Works and Infrastructure Deputy Minister Sihle Zikalala has invited the built environment industry to introduce innovative construction solutions to ensure that infrastructure being built in South Africa responds to the reality of climate change. “All our infrastructure planning and... →
Much faster progress on energy efficiency needed to meet global 2030 goal – IEA
7th November 2024 One year on from the global pledge made at COP28 to double the rate of energy efficiency improvements by 2030, new analysis from the International Energy Agency (IEA) suggests that countries are not yet on track to meet this goal, requiring stronger action and cooperation to align with their... →
Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance
7th November 2024 Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results. Chrome concentrate produced increased by 8% to 455 381 t, exceeding targeted production for the... →
Association launches Sustainability Disclosure Guide for South African Reits
7th November 2024 The South African Real Estate Investment Trust Association (SA REIT) has, in partnership with Nedbank Corporate and Investment Banking (CIB), launched the SA REIT Sustainability Disclosure Guide, aimed at establishing sustainability standards and best practice benchmarks for the real estate... →
Hummingbird faces buyout, Aim delisting amid financial constraints
7th November 2024 Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity conversion and a possible offer. This comes as Hummingbird reports continued challenges around operational... →
NUM to sign wage agreement with Sibanye-Stillwater
7th November 2024 Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg, Gauteng. This comes as it was given a fresh mandate by members during trade unions’ labour joint... →
Nampak enters agreement to sell Nampak I&CS
6th November 2024 JSE-listed Nampak has entered into a binding sale agreement to dispose of its industrial inkjet printing, laser marking and case coding solutions business Nampak I&CS for R142.5-million. The disposal is in line with the asset disposal plan being implemented by the company as announced in August... →
Banks mull increasing Tulu Kapi debt package – Kefi
6th November 2024 Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from $190-million to $240-million, subject to all conditions being satisfied and remaining formal approvals... →
Treasury invites public participation in UDZ tax incentive review survey
6th November 2024 In the 2023 Budget Review, the National Treasury announced an extension of the urban development zone (UDZ) tax incentive sunset date to March 31, 2025, to consult stakeholders as part of a review of the incentive. Treasury now calls on all interested parties to participate in the UDZ tax... →
Ethiopian Airlines takes delivery of Africa’s first Airbus A350-1000
5th November 2024 Ethiopian Airlines, Africa’s largest Airbus operator, has taken delivery of the first of four A350-1000s from Airbus in Toulouse, France. The first of its kind to be operated by an Africa-based operator, the A350-1000 will enable the airline to enhance its premium service on key destinations... →
Kathu plant's maintenance outage ensuring long-term efficiency in CSP operations
5th November 2024 Kathu Solar Park (KSP), one of South Africa's select few concentrated solar power (CSP) plants, located in the Northern Cape, recently underwent a 30-day offline period to complete its yearly maintenance. Operational since 2019, KSP’s maintenance this year included a detailed inspection and... →
Actom opens new training centre for apprentices
5th November 2024 Electromechanical equipment manufacturer Actom has opened a new training centre facility at its premises in Germiston, Johannesburg. The facility offers a variety of apprenticeship programmes. →
Gem Resources processes 5 500 t of ore following Gravelotte restart
5th November 2024 London-listed Gem Resources, formerly URA Holdings, has reported that Phase 1 of the restart at the Gravelotte emerald mine, in Limpopo, South Africa, has been under way for about six months. During this period, the company has processed about 5 500 t of ore, primarily sourced from tailings and... →
S African government investigates spate of food-borne illnesses, encourages food safety practices
5th November 2024 South Africa has recently experienced outbreaks of food-borne illnesses that have led to the tragic death of a number of children and numerous hospitalisations across Gauteng, Mpumalanga, Free State, KwaZulu-Natal and the Eastern Cape. “These incidents are not only a public health challenge but... →
Kamoa-Kakula achieved record copper production of 41 800 t in October
4th November 2024 Canadian mining company Ivanhoe Mines has reported that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) achieved a combined monthly production record of 41 800 t of copper in concentrate, and a combined monthly milling record of... →
Orion appoints corporate communications, investor relations exec
4th November 2024 ASX- and JSE-listed Orion Minerals has appointed Avishkar Nagaser corporate communications and investor relations executive. Nagaser was previously investor relations and corporate affairs executive VP at global gold producer Gold Fields from 2015 to 2023. →
Drilling begins at Tertiary Minerals' Zambia project
4th November 2024 Aim-listed Tertiary Minerals has begun drilling at the Mukai copper project, in Zambia. The company notes that it has received approval from the Department of Forestry to conduct further mineral exploration, including drilling, in the licence area. →
Wekaba launches R25m automotive manufacturing plant
4th November 2024 Medium- to high-volume computerized numerical control (CNC) machined automation components manufacturer Wekaba officially launched its R25-million automotive manufacturing plant in Alberton, Gauteng, on October 30. Wekaba has described the plant as a “groundbreaking” facility that will extend its... →
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