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News This Week

Heraeus Precious Metals EVP Dr Philipp Walter
Hydrogen economy poised as key booster for platinum group metals – Heraeus
26th January 2024 By: Martin Creamer

The hydrogen economy is an important new growth area for platinum group metals (PGMs) and, in turn, PGMs are pivotal for hydrogen production and application across a broad front. Accentuating this... 


David Davis
Substantial rise in platinum price predicted
26th January 2024 By: Martin Creamer

Overwhelming demand and declining South African mining supply are poised to result in a very substantial rise in the price of platinum, Dr David Davis forecasts. Davis has been associated with the... 


Ferrochrome smelting
Merafe’s 2023 chrome production 22% down year-on-year
26th January 2024 By: Darren Parker

Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31  was 75 000 t, compared with the 97... 


Ethiopia’s Tulu Kapi gold project receives lead-lender thumbs up
26th January 2024 By: Darren Parker

Aim-listed Kefi Gold and Copper has received confirmation of conditional final credit committee approval from the lead lender for its “shovel-ready" Ethiopian development project, the high-grade... 


Battery-metal price plunge closing mines, stalling deals
Battery-metal price plunge closing mines, stalling deals
26th January 2024 By: Bloomberg

A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to... 


JSE business development manager Patrycja Kula-Verster
JSE presents chance for critical mineral miners to access capital
26th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
26th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


Expansion on track at Zambia project, First Quantum says
26th January 2024 By: Tasneem Bulbulia

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 


Mined cobalt
BMI predicts more stable metal prices, critical mineral deals in 2024
26th January 2024 By: Marleny Arnoldi

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 


Vedanta Base Metals setting up for sustainable positive disruption across nations
Vedanta Base Metals setting up for sustainable positive disruption across nations
26th January 2024

The innovative and forward-looking Indian multinational group, Vedanta Limited, continuously strives to unlock value and create positive disruption in its journey to Transform For Good through... 


Condra supplies electric hoists, overhead cranes and chain blocks to Platreef mine
26th January 2024 By: Natasha Odendaal

Cranes manufacturer Condra Cranes has delivered electric hoists, two overhead cranes and a number of chain blocks to Canada-based Ivanhoe Mines’ South African subsidiary Ivanplat’s Platreef... 


IEA executive director Fatih Birol
SA’s draft plan signals renewables investments retreat as the rest of the world powers ahead
26th January 2024 By: Terence Creamer

While South Africa’s latest draft electricity plan is signalling a pullback in renewables investments for the period to 2030 relative to the prevailing policy, the rest of the world is powering... 


Jan Fourie to take over as Mulilo Energy CEO from May
26th January 2024 By: Schalk Burger

Renewable energy developer Mulilo Energy has appointed former Scatec executive VP Jan Fourie to succeed outgoing CEO Johnny Cullum when he steps down in May. Cullum has served as CEO since Mulilo... 


EU invests $30m in African digital technology aid fund
26th January 2024 By: Marleny Arnoldi

Luxembourg-headquartered lending institution of the European Union (EU), European Investment Bank (EIB) Global has announced a $30-million equity investment in Seedstars Africa Ventures’ Fund I,... 


95% of companies have an AI strategy, 14% ready to integrate it – Cisco
26th January 2024 By: Schalk Burger

Advancements in artificial intelligence (AI), especially generative AI (GenAI), are leading to a once-in-a-generation shift, which is opening new opportunities and transforming industries, modes of... 


New partnership to aid transition to clean cooking fuels in Africa
26th January 2024 By: Tasneem Bulbulia

Corporate and investment bank Rand Merchant Bank (RMB) has announced a strategic partnership with climate technology company KOKO, where it has acted as the lead mandated arranger and financier for... 


TotalEnergies ups stakes in Namibia offshore blocks
26th January 2024 By: Tasneem Bulbulia

Energy company TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia an additional 10.5% participating interest in block 2913B and an additional 9.39% participating... 


Global air passenger traffic now almost at pre-Covid-19 pandemic levels
Global air passenger traffic now almost at pre-Covid-19 pandemic levels
26th January 2024 By: Rebecca Campbell

Global total air passenger traffic in November last year passed 99% of the figure for November 2019, which was the last November before the onset of the Covid-19 pandemic, reports the International... 


Lineworkers on a high-voltage powerline
Ramokgopa seeks to unlock private finance for 6 000 km of new grid in coming three years
26th January 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says the current plan for rolling out grid infrastructure, particularly in the coming three years, is insufficient to end loadshedding and should, thus,... 


MTN launches academy to equip young people with skills ‘to succeed in the digital age’
26th January 2024 By: Natasha Odendaal

Telecommunications group MTN South Africa has launched its MTN Skills Academy to bridge the digital skills gap and equip youth with the necessary skills and knowledge to succeed in the digital age.... 


Global smartphone market poised for recovery following 3.2% slump in 2023 – IDC
26th January 2024 By: Natasha Odendaal

Global smartphone shipments declined 3.2% to 1.17-billion units in 2023, the lowest full-year volume in a decade, driven largely by macroeconomic challenges and elevated inventory early in the... 


The Port of Richards Bay, which is currently a coal export hub, has been earmarked for gas infrastructure
Preferred bidder selected to build, operate Richards Bay LNG terminal
26th January 2024 By: Terence Creamer

South Africa’s State-owned Transnet National Ports Authority (TNPA) has announced that it has selected a public-private consortium as the preferred bidder to develop and operate a liquefied natural... 


5G poised to be fastest-growing subscription type in sub-Saharan Africa
26th January 2024 By: Natasha Odendaal

Fifth-generation (5G) is set to be the fastest-growing subscription type in sub-Saharan Africa between 2023 and 2029, when 85% of the global population will have 5G coverage access. The latest... 


Promise of GenAI set to turn into tangible business success this year – BCG
26th January 2024 By: Schalk Burger

Artificial intelligence (AI), and generative AI (GenAI), is one of the top three topics being discussed among executives worldwide and across sectors, and GenAI is set to be scaled up during the... 


Seifsa hopes for more PPPs this year
26th January 2024 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) will continue to advocate for more private sector participation in public infrastructure this year, with CEO Lucio... 


Following several advances in 2023, LHWP Phase II moves into final construction phase
26th January 2024 By: Natasha Odendaal

The Lesotho Highlands Development Authority (LHDA) has made much progress on the Phase II of the Lesotho Highlands Water Project (LHWP) after a milestone year. During 2023, the project marked many... 


Ashok Leyland enters Southern African market with Dost workhorse
26th January 2024 By: Irma Venter

India’s Ashok Leyland has entered the Southern African commercial vehicle market with its Dost 1.5 l ℓturbodiesel workhorse. Headquartered in Chennai, with nine manufacturing plants, Ashok Leyland... 


Metair appoints O’Flaherty as new CEO
26th January 2024 By: Irma Venter

Automotive and energy group Metair has appointed Paul O’Flaherty its new CEO, starting from February 1. This follows Sjoerd Douwenga’s resignation at the end of last year. 


Takealot rolls out ten JAC battery-powered delivery trucks
26th January 2024 By: Irma Venter

Online retailer Takealot has deployed ten JAC N75 EV battery electric trucks to make deliveries in Gauteng and the Western Cape. The company in November welcomed four N75 four-ton electric trucks... 


Bell Equipment founder’s grandson named CEO
26th January 2024 By: Irma Venter

Bell Equipment has appointed Ashley Jon Bell (41), grandson of company founder Irvine Bell, as new group CEO, effective January 1. This follows the July resignation of outgoing group CEO Leon... 


City of Cape Town issues independent power tender
26th January 2024 By: Irma Venter

The City of Cape Town has issued the latest in a series of power-related tenders aimed at mitigating the impact of loadshedding and diversifying its energy supply from Eskom. The city says this is... 


Independent Power Producer Office head Bernard Magoro
Transmission grid constraints cast shadow over South Africa’s seventh renewables bid window
26th January 2024 By: Terence Creamer

South Africa’s grid constraints are continuing to cast a shadow over the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the seventh bidding round for which was... 


Jupiter Mines chairperson Ian Murray
South Africa more advanced than global peers on community engagement, manganese AGM hears
19th January 2024 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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pqt: 1.283s - ct: 1.355s - 347pq - 2rq
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