More than 4 000 jobs on the line as Sibanye considers future of four South African PGM shafts

Dual-listed Sibanye-Stillwater will enter into consultations with organised labour and other affected non-unionised employees through their representatives regarding the possible restructuring of... 

Sylvania achieves solid first-quarter production performance

London-listed platinum group metals (PGMs) and chrome company Sylvania Platinum had a “good start” to its 2024 financial year, with the Sylvania Dump Operations (SDO), in South Africa, having... 

Kropz makes second drawdown on bridge loan facilities

Aim-listed Kropz on October 20 made the second drawdown, of R75-million, on a previously announced bridge loan facilities of R250-milllion with African Rainbow Capital (ARC) Fund. The emerging... 

Pensana offered £4m UK government grant for Saltend project

London-listed Pensana has been offered a grant of up to £4-milllion by the UK Secretary of State for Business and Trade towards the funding required to build a rare earth oxide separation facility... 

ERG partners with Chinese firm to build cobalt beneficiation facility in the DRC

Diversified natural resources group Eurasian Resources Group (ERG) has signed an agreement with China’s BGRIMM Technology Group for the construction of a cobalt beneficiation facility, in the... 

Ero’s Tucumã project on track for first copper next year

TSX- and NYSE-listed Ero Copper highlights considerable progress at its Tucumã project, in Brazil, noting that since starting site works in 2022, all engineering, procurement and construction... 

Koolan Island performance supports Mount Gibson’s strong quarter

ASX-listed Mount Gibson Iron has made a “strong” start to the new financial year, with record high-grade iron-ore sales of 1.3-million wet metric tonnes (wmt) from Koolan Island at an average... 

Eskom JET strategy will give some of its coal plants a ‘second life’ at end of technical, economic lives

State-owned entity Eskom is undertaking a just energy transition strategy and pursuing repurposing and repowering of some of its coal-fired power stations separate to decommissioning them. This... 

Half of CEOs express doubts South Africa with benefit from BRICS membership

This quarter’s Merchantec CEO Confidence Index (MCCI) indicates that 55% of CEOs that were surveyed harbour doubts about the potential benefits of South Africa's association with the Brazil,... 

Opportunities, challenges for South Africa in LIB, VRFB industries

There are a number of opportunities for South Africa to capitalise on in terms of both the more established lithium-ion battery (LIB) industry and the emerging vanadium redox flow battery (VRFB)... 

New CEO for Gautrain Management Agency

Tshepo Kgobe has been named the next CEO of the Gautrain Management Agency (GMA), succeeding William Dachs, who will step down when his tenure ends on January 31. Kgobe is an engineer with diverse... 

Critical Metals enters into offtake agreement with OM for DRC project

Aim-listed Critical Metals has entered into an offtake agreement with OM Metal & Resources for the sale of at least 20 000 t of copper oxide ore from its flagship Molulu copper/cobalt project, in... 

Mike Fraser appointed Gold Fields CEO

JSE- and NYSE-listed Gold Fields has appointed Mike Fraser CEO and executive director of the company with effect from January 1, 2024. Fraser is currently CEO of Aim-listed Chaarat Gold Holdings.... 

Tantalex announces robust PEA for DRC tailings project

A preliminary economic assessment (PEA) of Canadian junior explorer Tantalex Lithium’s majority-owned Manono lithium tailings project, in the Democratic Republic of Congo, shows a robust pre-tax... 

Collaboration, unified approach key to unlocking commodity opportunities in South Africa

All South African mining stakeholders needs to come together to develop a coherent, comprehensive strategy for the country’s commodities, and then use this to present a united national front to... 

Macroeconomic factors, green metals demand and ESG impacting on mining investment

Macroeconomic factors, demand for green metals and environmental, social and governance endeavours are all factors that are influencing investment in mining, speakers outlined during the second day... 

Innovation and collaboration must take centre stage in decarbonisation push

Mining companies are leading the charge in decarbonisation, making significant strides. Yet, challenges persist, emphasising the need for collaborative efforts and innovation to strengthen this... 

TFR undertaking initiatives to address constraints, outgoing CEO says

Transnet Freight Rail (TFR), as a division of Transnet, is affected by three major constraints hampering the entity; however, there are initiatives under way to mitigate this and some progress is... 

East London handles first shipment of export manganese

The East London port received its first export manganese call on October 3 when vessel MV BBG Leader docked to load 30 000 metric tonnes at the East London Multipurpose Terminal. In preparation,... 

Mining revenue decreases, but opportunities abound in critical minerals, beneficiation

The past year has seen a regression in performance and shareholder returns for South Africa mining companies, professional services firm PwC South Africa’s ‘2023 SA Mine: Adapt to thrive’ report... 

Wesizwe’s losses widen

JSE-listed Wesizwe Platinum, whose flagship project is the Bakubung platinum Mine (BPM), located in the Bushveld Complex, near Rustenburg, in the North West, says in its interim financial results... 

Southern Point Resources to inject up to $77.5m into Vanchem

Aim-listed Bushveld Minerals has entered into a binding term sheet with investment fund Southern Point Resources (SPR) for a cumulative proposed investment of between $69.5-million and... 

FLSmidth’s technology focus delivering sustainability results

Technology and service supplier FLSmidth is transforming from an engineering company to a technology partner through its current Core’26 strategy. This is already realising benefits for clients,... 

South Africa making strides with green hydrogen ambitions, but several areas require focus

Government has been making progress in achieving the targets set out in the Hydrogen Society Roadmap for South Africa; however, there are still areas that require more focus, especially in terms of... 

Innovation and collaboration take centre stage in decarbonisation

Mining companies are leading the charge in decarbonisation, making significant strides. Yet, challenges persist, emphasising the need for collaborative efforts and innovation to strengthen this... 

Premier’s Zim lithium mine to resume operations

Aim-listed Premier African Minerals has completed the installation of the RHA ball mill at its Zulu lithium and tantalum project, in Zimbabwe. This includes all necessary feeds and discharge... 

PTM closes private placing for $2.5m

TSX- and NYSE-listed Platinum Group Metals (PTM) has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million. An aggregate 2.1-million common shares... 

GoldStone audit process to be concluded soon; Homase production plan under review

Aim-listed GoldStone Resources says an audit of its results for its financial year ended December 31, 2022, is ongoing, with the final results and Annual Report expected to be finalised and... 

Fiscal consolidation, structural reform key to bolstering South Africa’s economy – IMF

With tough global economic financial conditions and the rising needs and development priorities that South Africa has, government must better manage its fiscal situation, as well as address its... 

OEMs will benefit if transition to new energy vehicles is properly leveraged – consultancy

The world is at the beginning of the biggest disruption to the automotive industry in 100 years with the transition to new energy vehicles (NEVs), and in turn a considerable upheaval to the supply... 

Consulting engineers’ body raises concerns about ‘construction mafia’ hotline

Industry organisation Consulting Engineers South Africa (Cesa) says it has reservations about the effectiveness of a call centre as a solution for disruptions at construction sites. This follows a... 

Considerable challenges hampering TFR's performance, but interventions under way

There are myriad of challenges plaguing State-owned rail operator Transnet Freight Rail (TFR), ranging from infrastructure and security to skills shortages; however, several interventions are under... 

Mintek shows off its new AMAZEMET ultrasonic atomiser

National mineral processing and metallurgical research council Mintek has unveiled its latest technological acquisition – the AMAZEMET rePowder ultrasonic atomisation and alloy development machine.... 

SPR to invest in Bushveld to progress Vanchem, provide financial stability

Aim-listed Bushveld Minerals has entered into a binding term sheet with investment fund Southern Point Resources (SPR) for a cumulative proposed investment of between $69.5-million and... 

Premier receives approval of further funding for Zimbabwe project

Aim-listed Premier African Minerals says Canmax Technologies has received Chinese regulatory approval for its subscription under which Premier has raised a further £5-million before expenses for... 

De Beers seeking five-year agreement with NUM as union threatens strike action

Diamond miner De Beers Group says its intention is to secure an agreement on a five-year wage deal with trade union the National Union of Mineworkers (NUM). The entities have been in negotiations... 

Renewables masterplan progressing towards implementation

The South African Renewable Energy Masterplan (Sarem) will hopefully be finalised by October or November, as it is critical that this be done before the end of the year so that implementation can... 

Entries open for green solutions challenge

Nonprofit organisation the Mpumalanga Green Cluster Agency, supported by GreenCape in partnership with the UK Partnering for Accelerated Climate Transitions, or PACT, has invited innovators and... 

Lower prices, rising costs impact on Sylvania’s financial results

A 28% decrease in the average platinum group metals basket price negatively impacted on Aim-listed Sylvania Platinum’s financial results for the financial year ended June 30. As a result, revenue... 

Amplats announces PlatAfrica design competition finalists

In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum...