Tirupati clarifies rationale of certain corporate actions amid minority shareholder pressure

London-listed emerging graphite miner Tirupati Graphite has, in a statement to shareholders on June 5, explained its rationale for appointing certain board members rather than those suggested by a... 

Business confidence ticked up ahead of elections but more is needed to spur investment

The Rand Merchant Bank (RMB) and Bureau for Economic Research (BER) Business Confidence Index (BCI) increased by five points to 35% in the second quarter of the year ahead of the national... 

Unctad outlines reforms to avoid impending global public debt crisis

Global body UN Trade and Development (Unctad) has urged action to deal with the alarming surge of global debt and proposed reforms to international finance systems to safeguard “a prosperous future... 

New SA Canegrowers chair calls on govt to fulfil its promise of a sugar tax review

With major sugar mills remaining in business rescue and a possible increase in the Health Promotion Levy (HPL), or sugar tax, still looming, the sustainability of the sugar industry remains under... 

Decentral completes installation of gas-powered minigrid for manufacturer in Pretoria

Distributed energy solutions company Decentral Energy has installed a 1.3 MW stationary gas engine and diesel generator at a fast-moving consumer goods manufacturer’s premises, in Rosslyn,... 

NNR hosts new round of talks with public over Koeberg’s life extension

The National Nuclear Regulator (NNR) has started with another round of hearings on June 3, owing to concerns about the last consultation process having been insufficient. The regulator conceded... 

Global renewable-energy commitments fall short of COP28 targets

Although Nationally Determined Contributions (NDCs) are key to decarbonisation, current NDCs only amount to 1 300 GW, or 12%, of the renewable energy capacity needed to meet the objective of... 

RCL proceeding with Rainbow unbundling as a standalone listed business

JSE-listed consumer goods group RCL Foods has received approval from its directors to unbundle and separately list the Rainbow Chicken business on the JSE. RCL first announced its intent to... 

TNPA appoints Amulet consortium to build, operate Richards Bay solar plant

Transnet National Ports Authority (TNPA) has selected Amulet Group Consortium to build and operate a 20 MW solar PV plant at the Port of Richards Bay. TNPA anticipates that the design and... 

Aura starts dual funding workstreams to garner debt, strategic financing for Tiris

ASX- and Aim-listed Aura Energy has started two funding workstreams to underpin the development of the Tiris uranium project, in Mauritania. The company aims to secure an integrated funding... 

Caledonia publishes PEA on Bilboes project ahead of new feasibility study

Gold miner Caledonia Mining Corporation has confirmed that it will develop the Bilboes sulphide gold project, in Zimbabwe, in a single phase instead of multiple phases as initially planned, and... 

Osino shareholders approve Yintai’s takeover offer

The majority of TSX- and NYSE-listed Osino Resources Corporation’s shareholders have voted in favour of Chinese miner Yintai Gold’s buyout of Osino at a cash consideration of C$1.90 apiece. The... 

De Beers invites entries for 2024 Shining Light Awards programme

Diamond miner De Beers has invited entries from Canadian, Botswanan, Namibian and South African young diamond jewellery designers for its 2024 Shining Light Awards programme. The Shining Light... 

Contractor employee dies at Kenmare’s Moma mine

London-listed Kenmare Resources has reported the death of an excavator operator, who was employed by a contractor at the Moma titanium minerals mine, in Mozambique. The operator was involved in a... 

Armscor lab to host African scientists for anti-chemical warfare course

A division of the Armaments Corporation of South Africa (Armscor), Protechnik Laboratories, will soon host 22 scientists from 14 countries for an analytical chemistry course. Protechnik has been... 

Tirupati appoints Lynch-Bell nonexec chair

UK-based Tirupati Graphite has appointed Michael David Lynch-Bell as nonexecutive chairperson. He previously led consultancy Ernst & Young’s global oil and gas advisory practices, with a total... 

AngloGold confirms all its operations are conflict-free

The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a... 

Nel spin-off company Cavendish Hydrogen applies for listing in Norway

Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing... 

cidb introduces three new categories in awards for women in construction

The Construction Industry Development Board (cidb) has introduced three new categories in the 2024 Empowerment and Recognition of Women in Construction (Erwic) Awards. Entries for the awards... 

Unpacking the conditions for meeting burgeoning copper demand

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for... 

Unpacking the conditions for meeting burgeoning copper demand

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for... 

Commission approves Southern Point Resources’ Mokopane takeover from Bushveld

The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I... 

Commission grants approval for England-based Prax to acquire Natref

The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to... 

ARC stresses need for farmers’ access to finance, insurance in light of growing climate risk

With the agriculture sector’s 33-million smallholder farmers contributing 70% of Africa’s food supply, it is pertinent that more innovative financing mechanisms are created as the continent... 

Italtile announces C-suite changes

JSE-listed tile retailer Italtile has announced it will move CFO Brandon Wood to the position of COO and appoint Lamar Booysen CFO. Both will remain executive directors on the board. Italtile... 

Orange export volumes will be lower than initially expected – CGA

The Citrus Growers’ Association of Southern Africa (CGA) has revised downward its estimates for Navel orange exports this season to 22-million 15 kg cartons. The association initially expected... 

Atlantic progresses large sampling programme on second lithium prospect in Ghana

Aim-listed Atlantic Lithium has collected 1 344 soil samples from the Ewoyaa lithium project surrounds in Ghana, with more than 5 400 samples still being collected in an ongoing geochemical soil... 

Sapics, SAAFF to host supply chain, logistics discussions in Cape Town

Supply chain management body Sapics, together with the Southern African Association of Freight Forwarders (SAAFF), will host its forty-sixth yearly conference, in Cape Town, from June 9 to 12, to... 

Gem Diamonds recovers sixth large diamond from Letšeng this year

London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho. This is the sixth diamond weighing more than 100 ct to be recovered at the... 

Marula reports high-grade manganese assays from testwork with potential offtaker

UK- and South Africa-listed battery metals miner Marula Mining has reported average grades of 35.73% from manganese samples taken from the Larisoro manganese mine, in Kenya. The company garnered... 

Blencowe continues to advance graphite prequalification work, expects offtake agreements soon

As London-listed Blencowe Resources advances the definitive feasibility stage of the Orom-Cross graphite project, in Uganda, towards production near the end of 2025, the company has had various... 

Jupiter forecasts higher manganese prices in coming months

ASX-listed Jupiter Mines marketing head Tracey Cloete says manganese ore prices are likely to trade higher than the historical average in coming months owing to supply disruptions. Jupiter has a... 

Resolute appoints mining veteran Wray to succeed Botha as chairperson

Australia- and London-listed Resolute Mining has appointed Andrew Wray nonexecutive director. He will also succeed chairperson Martin Botha when he retires at the end of August.  

Nordex Energy South Africa progresses impactful internship programme

Original-equipment manufacturer Nordex Energy South Africa (Nesa) is progressing well with an internship programme for promising young engineers and technicians across three provinces. The... 

Many Peaks starts major drill programme at Côte d’Ivoire project

ASX-listed Many Peaks Minerals has started a 6 500 m diamond and auger drilling campaign on the Odienné project, in Côte d’Ivoire. One thousand metres of diamond drilling is planned for five... 

Firefinch, Morila served with arbitration notice over payment dispute

ASX-listed Firefinch has received a notice of arbitration from mining services contractor Enterprise Générale Traoré et Frères (EGTF), in Mali. EGTF also named Société des Mines de Morila... 

Pensana lauds Angola’s performance in this year’s Fraser Institute rankings

London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an... 

Standard Bank undertakes largest student housing financing endeavour in Africa

Financial services provider Standard Bank has partnered with global advisory firm MiDA Advisors and real estate developer Acorn Holdings to mobilise long-term blended finance commitments for green... 

Neasa asks Patel, Itac to stop imposing upstream steel import duties

The National Employers' Association of South Africa (Neasa) says government’s duties on imported steel only serve to support ailing primary steel producer ArcelorMittal South Africa (AMSA). Neasa... 

Pan African announces capital reduction to recover overpaid distributions

JSE- and Aim-listed Pan African Resources will host a general meeting in London on June 10 to discuss a proposed capital reduction programme. Additionally, the company expects a court hearing to...