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Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
Reward announces capital raise to advance Beyondie SoP project
After gaining shareholder approval for the acquisition of the Beyondie sulphate of potash (SOP) project, in Western Australia, ASX-listed Reward Minerals is seeking to raise about A$22.8-million...
FQM denies Zambian copper sale rumours
Zambia-focused First Quantum Minerals (FQM) has clarified that it does not intend to sell a stake in its copper mines in the country. FQM owns 80% of the Kansanshi copper mine and smelter in...
Seifsa hopes for more PPPs this year
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...
SSR appoints Malchuck to board
TSX- and ASX-listed SSR Mining has appointed Daniel Malchuck to its board effective January 8. He will also serve on the board’s technical, safety and sustainability committee.
Release by Scatec secures $100m loan, guarantee from the IFC
Modular solar photovoltaic and battery energy storage offering Release by Scatec has signed a $100-million loan agreement with the International Finance Corporation (IFC), as part of a larger...
EnerGeo says seismic surveying does not irreparably damage marine life
Geoscience and energy exploration industry body EnerGeo Alliance has said there is no evidence to suggest that seismic surveys are irreparably damaging to marine life. Rather, it argued, seismic...
Thungela expects volume boost from Aus mine, while rail impacts South African volumes
JSE-listed Thungela Resources expects to report 2.9-million tonnes of saleable production from the Ensham operation, in Australia, for the 2023 financial year, which is above the company’s...
Sacci BCI rises, but meaningful momentum lags
The Business Confidence Index (BCI) published by the South African Chamber of Commerce and Industry (Sacci) has nudged up by 2.9 index points to 111.5 in November, from 108.6 in October. The BCI...
PE Bulk Terminal completes yearly maintenance
Transnet Port Terminals (TPT) has successfully concluded the yearly ten-day maintenance shutdown of the Port Elizabeth Bulk Terminal to ensure the seamless handling of manganese for the next 12...
Sibanye announces R84m community upliftment investment
JSE- and NYSE-listed Sibanye-Stillwater has announced an R84-million investment through its Sibanye Rustenburg Mine Community Development Trust (SRMCDT) for development programmes to empower...
Deep Yellow confirms higher-value, lower capital cost in Tumas DFS review
After reviewing a definitive feasibility study (DFS) on the Tumas uranium project, in Namibia, ASX-listed Deep Yellow has made positive reassessments of capital expenditure and the value of the...
Firering appoints contractor to start drilling in Côte d'Ivoire
Critical minerals explorer Firering Strategic Minerals has appointed Canada-headquartered FTE Drilling to conduct a 3 000 m reverse circulation (RC) drill programme on its lithium and tantalum...
Marula starts extensive community engagement for two Tanzanian projects
London-listed Marula Mining has started with a community engagement process at the Nyorinyori and NyoriGreen graphite projects, in Tanzania, through its wholly-owned subsidiary Marula Mining...
World Bank makes $100m in financing available for African climate research
The World Bank will make $100-million available to the Consortium of International Agricultural Research Centres (CGIAR) through the bank’s International Development Association (IDA) as part of...
Nersa grants three electricity distribution licences in the Free State
The National Energy Regulator of South Africa (Nersa) has granted three licences to Klipfontein Solar Facility, Lieliehoek Solar Facility and Sonoblomo Solar Facility for the operation of...
M&R Cementation, PMC reach one-million fatality-free hours on expansion project
Underground mining contractor Murray & Roberts (M&R) Cementation has reached one-million fatality-free hours at its vent shaft contract on the Palabora Mining Company (PMC) Lift II expansion...
ACI dips to levels last seen at start of Covid-19 as industry buckles under challenges
The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) deteriorated by ten points to 40 in the fourth quarter of the year. Notably, Agbiz...
Sunward expands presence in South Africa with new distribution, service centre
Drilling, earthmoving and construction equipment supplier Sunward South Africa has unveiled its dedicated distribution facility in Jet Park, Boksburg, to serve the Southern African mining and...
PepsiCo fund invests in agri-tech platform
Multinational food and beverage group PepsiCo has announced an investment by its independent fund Kgodiso Development Fund into agri-tech company Khula! To support sustainable finance and market...
Australian Mines diversifies battery metals portfolio
ASX-listed Australian Mines (AUZ) has acquired two highly prospective exploration projects in Brazil for $1.1-million – the Jequie rare earths and Resende lithium projects. The projects are...
Sanlam buys in on Sappi, Alien Fuel Group biomass-to-energy project
Asset manager Sanlam Investments will invest R46-million in a joint venture (JV) biomass-to-energy project between energy company Alien Fuel Group and pulp, paper and packaging manufacturer Sappi...
Bakubung employees undertake illegal sit-in in latest blow to Wesizwe
JSE-listed Wesizwe Platinum says employees have embarked on an illegal sit-in at the Bakubung platinum mine, in North West, since the morning of December 6. Employees chose not to return to...
Power Minerals nears offtake, funding agreement with Xiamen on Argentina project
Australia-listed Power Minerals is on the cusp of signing a binding offtake, funding and logistics agreement with Shanghai-listed Xiamen Xiangya New Energy for the Salta Lithium project, in...
McEwen increases stake in Goliath to 5%
Prominent mining company owner Rob McEwen will increase his stake in TSX-V-listed Goliath Resources by completing a private placement for 1.42-million shares, resulting in him owning 5% of the...
Newmont pours 8 000th gold doré bar
Colorado-based Newmont Corporation’s Musselwhite mine, in Ontario, has reached the milestone of pouring its 8 000th gold doré bar since the mine started with commercial production in 1997. The...
Australian science agency launches green hydrogen production facility
Australia’s national science agency Commonwealth Scientific and Industrial Research Organisation (CSIRO) has launched a $2.5-million green hydrogen refuelling station at CSIRO’s Clayton site, in...
Gold Royalty invests $31m in Brazilian gold project
Precious metals royalty and streamlining company Gold Royalty has announced it will provide $31-million in project financing to Canadian miner Aura Minerals for the Borborema gold project, in...
Greater govt support for multimodal efficiencies needed, experts agree
The cost of logistics in South Africa has increased significantly in the last eight years to about R800-billion a year at present and accounting for half of all products’ inherent costs. This...
Agbiz optimistic about market expansion with addition of new Brics members
With more countries to become members of the Brazil, Russia, India, China and South Africa (Brics) grouping, the South African agricultural industry will seek to deepen trade with these countries,...
First Quantum, Mimosa to fast-track Zambia project
Mining and metals company First Quantum Minerals (FQM) and Mimosa Resources (Mimosa) have signed a revised Kashime Development Agreement, which is a joint commitment to fast-track the development...
BMI unpacks key mining, metal trends forecast for 2024
Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth...
Edison upgrades valuation forecast for Pan African Resources
Financial advisory Edison Group has upgraded its confidence in Pan African Resources after the company posted higher production expectations for the 2024 financial year and as a result of it having...
Sappi gains verification for high social, labour initiatives at Saiccor Mill
JSE-listed paper and packaging manufacturer Sappi has completed a verification of the Higg Facility Social and Labour Module (FSLM) at its Saiccor Mill in South Africa, achieving a final score of...
BLSA says SOE audits remain cause for concern this year
While national and provincial government has made strides in improving financial management, there is also a concerning increase in entities that simply do not complete audits, says Business...
Anglo launches digital provenance solution
Diversified miner Anglo American has launched a digital traceability solution called Valutrax, which is designed to provide customers with greater assurance about the provenance of the products...
Copper 360 unpacks expanded production plan for Rietberg
JSE-listed emerging miner Copper 360 is poised to ramp up production quickly albeit at higher costs than originally planned, having redesigned its mine plan for the Rietberg mine, in the Northern...
Stanlib launches country’s first dedicated energy transition asset investment fund
Specialist investment manager Stanlib has launched the Khanyisa Energy Transition Fund (KETF) to spark investment in energy transition assets. Khanyisa, meaning “to illuminate”, is a range of...
Fairvest posts income growth, lower vacancies
JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company...
Agriculture records good year of income, jobs growth in 2022
Statistics South Africa (Stats SA) finds in its latest Agriculture Survey for 2022 that the sector generated R450-billion in income for the year, compared with R404-billion in income generated for...
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