Top corporates establishing head offices within new Gauteng estate

Providing capital growth fund Attacq with a 15-year project pipeline, the Waterfall City mixed-use development, in Midrand, has attracted a suite of corporates looking to consolidate their... 

‘Depressed’ PGMs market cycle forces RBPlat to curtail Styldrift expansion

Royal Bafokeng Platinum (RBPlat) plans to scale back on construction at its Styldrift 1 expansion project, telling investors on Tuesday that a sustained depression in the platinum group metals... 

Aquarius looks for friends in platinum sector as low prices bite

Amid global platinum prices languishing at six-year lows of some $980/oz, South African producer Aquarius Platinum is looking to its neighbours in the platinum belt for possible operational... 

PFS points to coal sales of up to $48.6m/y at Mbeya project

A prefeasibility study (PFS) on the mining portion of Tanzania-focused Kibo Mining’s Mbeya coal-to-power project (MCPP) has outlined potential yearly revenues from coal sales of between... 

Exxaro H1 loss a share likely to recover by 20%

South Africa-based diversified resources group Exxaro expects its attributable loss a share for the six months ended June 30 to recover by some 20%, while headline earnings a share would likely... 

Transport cooperatives fail due to poor governance and infighting

While largely touted by government as one of the most fitting and participative ownership and management models for the country’s public transport sector, a recent State-commissioned report has... 

Marine transport, manufacturing at centre of Operation Phakisa

Aimed at leveraging South Africa’s strategic location and extensive coastline, Operation Phakisa will place at its centre the accelerated growth of the country’s marine transport and manufacturing... 

Anglo warns of tough times ahead, possible cutting of 6 000 jobs

Despite warning of a tough 12 months ahead and charting its intention to cut over 6 000 jobs across its international asset portfolio, global miner Anglo American has maintained an interim dividend... 

Inventory, liquidity headwinds dent Gem Diamonds’ H1 pricing

High inventory levels and continued liquidity concerns, paired with global macroeconomic uncertainties, have continued to place pressure on the price of rough and polished diamond prices, denting... 

Randgold commits to continued investment at Loulo, in Mali

As it gears up to take over underground mining operations at the Yalea and Gara mines, in Mali, Randgold Resources will continue to invest in the 4.9-million-ounce Loulo complex, which now ranks as... 

‘Depressed’ PGM market cycle stalls RBPlat’s Styldrift expansion

Royal Bafokeng Platinum (RBPlat) plans to scale back on construction at its Styldrift 1 expansion project, telling investors on Tuesday that a sustained depression in the platinum group metals... 

Stratmin lifts plant output rates at Madagascar graphite play

London-listed graphite production and exploration company Stratmin Global Resources has successfully completed the second stage of plant optimisation at the Madagascar-based Loharano operation,... 

Zimplats boosts 4E metal output but posts 40% slip in Q4 revenue

After successfully increasing the ore mined across its operations by 19% quarter-on-quarter to 1.48-million tons for the three months ended June 30, platinum miner Zimplats has lifted the... 

Cities should be ‘labs for innovation’, Tshwane mayor avers

Tshwane executive mayor Kgosientso Ramokgopa has pointed to the need for South African cities to become “laboratories for innovation” if their endemic socioeconomic and developmental challenges,... 

Gauteng pitches water, sanitation, energy projects to private investors

In a hard-sell pitch to the private investment community, Gauteng Infrastructure Development MEC Nandi Mayathula-Khoza earlier this month reiterated her province’s need for private-sector equity... 

Mintek issues tender for construction, commissioning of coal sorting plant

Mintek has invited proposals from qualifying bidders to design, engineer, procure, build and supply a modular coal X-ray transmission (XRT) sorting demonstration plant on a lump sum turnkey basis.... 

Randgold commits to continued investment at Loulo, in Mali

As it gears up to take over underground mining operations at the Yalea and Gara mines, in Mali, Randgold Resources will continue to invest in the 4.9-million-ounce Loulo complex, which now ranks as... 

Inventory, liquidity headwinds dent Gem Diamonds’ H1 pricing

High inventory levels and continued liquidity concerns, paired with global macroeconomic uncertainties, have continued to place pressure on the price of rough and polished diamond prices, denting... 

Weakened nickel, gold prices weigh on Mwana’s FY earnings

Weakened gold and nickel prices paired with lower-than-planned production figures for the two metals have driven a decrease in the earnings of multicommodity miner Mwana Africa, narrowing group... 

Study shows 20-yr mine life potential at Sable’s Nimba play

Detailed mine scheduling conducted as part of metallurgical testwork at the Plateau 2 area of Sable Mining Africa’s 205.2-million-ton Nimba iron-ore project, in Guinea, has indicated a life-of-mine... 

Wescoal’s Elandspruit delivers first coal

Coal producer Wescoal’s Elandspruit mine, in Mpumalanga, has delivered its first batch of coal to customers after it was processed at Wescoal’s nearby beneficiation plant. “The beneficiated product... 

Kenmare expects improved H2 output, appoints new nonexec director

Multicommodity play Kenmare Resources expects its production for the second half of the year to improve, as power utility Electricidade de Moçambique commissions equipment to increase grid power... 

Solidarity calls for miners’ retirement age to be raised to 63

Trade union Solidarity has called for the retirement age of underground miners be raised to 63, telling the Chamber of Mines (CoM) that the move would retain skills critical to the South African... 

Drill campaign ups resource, dents reserves at New Luika

A January infill drilling campaign at East Africa-focused gold producer Shanta Gold’s New Luika gold mine, in Tanzania, has increased the resource at both the Bauhinia Creek (BC) and Luika targets,... 

Acacia lifts H1 gold output 6% as North Mara ramps up

After the successful start-up of mining at the Gokona underground project, at London-headquartered Acacia Mining’s developing North Mara mine, in Tanzania, the group has lifted gold output for the... 

Anglo maintains half-year dividend but cautious on 2016 prospects

Despite warning of a tough 12 months ahead and charting its intention to cut over 6 000 jobs across its international asset portfolio, global miner Anglo American has maintained an interim dividend... 

Report expects South African public sector ICT spend to rise to $707.6m by 2019

As departments across the public sector prepare for the introduction of e-government services to improve information and communication technology (ICT) infrastructure in South Africa, new analysis... 

Less than 50% of construction industry complies with health, safety regulations – DoL

Shortly ahead of the introduction of a new dispensation for the registration of construction health and safety professionals in South Africa and the implementation of the construction work permit... 

Tanzanian govt reviews feasibility of Rukwa power plant

Marking a key step in the advancement of the flagship project to development stage, Aim-listed Edenville Energy has confirmed that the Tanzanian Ministry of Energy and Minerals (MEM) and power... 

Mintek issues tender for construction, commissioning of coal sorting plant

Mintek has invited proposals from qualifying bidders to design, engineer, procure, build and supply a modular coal X-ray transmission (XRT) sorting demonstration plant on a lump sum turnkey basis.... 

De Beers, Namibia strike 10-yr diamond sorting deal

The Namibian government and diamond miner De Beers on Tuesday announced the agreement, in principle, of the terms of a new ten-year sales agreement for the sorting, valuing and sales of all... 

Kibo, Sepco3 wind up Mbeya project deal; to advance development

All conditions precedent related to the agreement between Tanzania-focused mineral explorer Kibo Mining and the Shandong Electric Power Construction Corporation III (Sepco3) to develop the Mbeya... 

Evraz Highveld moves to cut half its workforce

After earlier this week confirming that it had temporarily ceased steel production at its steelworks, citing working capital constraints and reduced domestic demand, Evraz Highveld Steel and... 

Cash-hungry steelmaker Evraz Highveld halts operations

South Africa’s second-largest steelmaker Evraz Highveld Steel and Vanadium confirmed on Monday that it had temporarily ceased steel production at its steelworks, citing working capital constraints... 

Prices, expenses drive 48% dip in Merafe H1 earnings

Black-managed Merafe Resources is bracing for an up to 48% slump in basic earnings per share (BEPS) for the six months ended June 30, informing the market on Monday that the decrease in net... 

TSX grants extension of Eastplats AGM

The TSX has agreed to the extension of listed miner Eastern Platinum’s (Eastplats’) annual general meeting (AGM), provided that the AGM is held on or before September 11. In requesting the... 

Rural roads critical to meeting developmental goals

The development of rural road infrastructure and public transport services remains critical to the delivery of South Africa’s – and other African States’ – developmenta agenda, requiring meticulous... 

Gauteng aims for 60% of tenders to be awarded using ‘open’ system

After becoming the first provincial government to adjudicate its central banking services tender selection process in public on Friday, the Gauteng provincial Government (GPG) now plans to roll-out... 

Call for end-of-trip cycle facilities at all new office developments

All new office developments in South Africa should be legally required to offer end-of-trip facilities (EOTF) for cyclists and other nonmotorised transport (NMT) users to incentivise workers to use... 

Feasibility of Sandton bike-sharing scheme doubtful, study finds

While considered technically feasible, a recent government-sanctioned study by engineering consulting firm GIBB has suggested that a proposed bicycle-sharing schemes (BSS) in Johannesburg may prove...