Creecy stresses need for enviro protection while growing biodiversity economy

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 

Venture capital investments decline amid sociopolitical, economic uncertainties

Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant... 

Symposium highlights importance of supporting SMMEs, DMRE to provide funds

Amid several challenges facing the South African mining sector, such as loadshedding and logistics constraints, small, medium-sized and microenterprises (SMMEs) are crucial for the growth of the... 

Interwaste launches R100m leachate, effluent treatment plant in Delmas

Waste management company Interwaste on April 10 launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company says the plant is the first of its kind in South... 

Transnet Pipelines welcomes sentencing of two fuel thieves

State-owned Transnet Pipelines has welcomed the conviction of two fuel theft perpetrators by the Newcastle regional court, in KwaZulu-Natal, on April 8. This follows an operation conducted by the... 

Hyphen deploys MetMasts to model energy yield for Namibia green hydrogen project

Green hydrogen development company Hyphen Hydrogen Energy is investing €2-million on its MetMast Measuring Campaign, which makes use of meteorological masts (MetMasts) to precisely model the energy... 

Nordex increases its generation capacity in South Africa

Turbine manufacturer Nordex Energy South Africa (NESA) says an additional 830 MW of operational capacity will start feeding into South Africa’s energy grid by mid-2025. The company on April 9... 

Woolworths pilots the removal of plastic barrier bags at 12 stores

Food and clothing retailer Woolworths has launched a 12-store trial to remove plastic barrier bags from its stores. Starting on April 8 in four Western Cape-based stores, namely Table Bay Mall,... 

Cora to start exploration drill programme at Senegal project

West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to... 

Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 

Exploration licence over Senala project renewed

The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in... 

Global alliance set to bridge ESG gaps between finance, real estate sectors

Global green building certification bodies the Building Research Establishment (BRE) in the UK, the US Green Building Council (USGBC) and the Green Building Council of Australia (GBCA) have formed... 

Rainmaker Marketing releases Western Cape Property Market Report

The Western Cape enjoys the lion’s share of semigration activity in South Africa and, as a result, has to cater to the shift in the market’s needs, says global property and lifestyle marketing... 

Africa GreenCo signs $27million guarantee facility with GuarantCo

Renewable energy buyer and trader Africa GreenCo has signed a $27-million guarantee facility with GuarantCo – part of the Private Infrastructure Development Group (PIDG) – to boost renewable energy... 

Maasdorp to step down as NDB VP and CFO in July

New Development Bank (NDB) VP and CFO Leslie Maasdorp will step down from his role on July 7, after nine years of service at the bank. In July 2015, South Africa’s Cabinet appointed Maasdorp as VP... 

Tetra Pak reopens Pinetown plant following R500m upgrade

Food processing and packaging solutions company Tetra Pak has reopened its newly renovated factory in Pinetown, KwaZulu-Natal, following an investment of about R500-million. The investment was... 

Shanta progressing exploration in Tanzania, Kenya

Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in... 

Satchwell enters residential and light commercial PV solar, inverter, battery market

Satchwell – electromechanical equipment manufacturer ACTOM’s Paarl-based manufacturer and supplier of domestic and industrial products and components – has entered the solar power generation market... 

Pensana's Geraldine Tchimbali receives WIM100 award nomination

Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial... 

Autocast to benefit from renewables deal with Etana Energy

Cast and machined components supplier Autocast South Africa is the first of more than 30 of Nelson Mandela Bay’s largest electricity users to benefit from a renewable power supply deal with... 

Spear to acquire Western Cape properties from Emira

JSE-listed real estate investment trust (Reit) Emira and its wholly owned subsidiaries have agreed to dispose of 13 predominantly industrial and office properties situated in the Western Cape to... 

Koryx Copper raises $1.5m

Mineral exploration and development company Koryx Copper has closed a nonbrokered private placement for $1.51-million. The proceeds of the private placement will be used for further exploration on... 

Goldstone advances capital raising plans, chairperson steps down

Bill Trew has stepped down as chairperson of Aim-listed Goldstone Resources, effective April 1. Further, the company, which owns gold exploration assets in Ghana, continues to advance its capital... 

Hummingbird warns of delay in achieving commercial production at Kouroussa

Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to... 

Kodal enters into agreement to terminate Suay Chin right of first refusal

Mineral exploration and development company Kodal has entered into an agreement with Kodal Mining UK (KMUK), Hainan Mining and Suay Chin International to terminate the right of first refusal (ROFR)... 

PhD research uncovers invisible gold resource

Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the... 

Indigenous resources must benefit South African communities, says Ramaphosa

With a global emphasis on sustainability and the effects of climate change becoming more apparent, President Cyril Ramaphosa described the sustainable use of biodiversity as the “pillar of rural... 

Creecy stresses importance of protecting the environment while growing the biodiversity economy

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 

Venture capital investments decline amid sociopolitical, economic uncertainties

Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant... 

Grizzly emerald auction generates $19m in sales

Emerald producer Grizzly Mining’s latest international emerald auction, in Dubai, of medium- to high-grade rough emeralds recovered from its flagship Grizzly emerald mine, in Zambia, generated... 

Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 

Burkina Faso Council of Ministers recommends approval for Toega mining permit

The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with... 

Atlas Lithium appoints Brian Talbot as COO

Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This... 

First Class Metals seeks to acquire Quinlan lithium property

LSE-listed metals exploration company First Class Metals (FCM) has signed an agreement with exploration company Broken Rock Resources (BRR), giving FCM the right to earn 100% of the highly... 

Busa deputy CEO to take top job in 2025

Business organisation Business Unity South Africa’s (Busa’s) board has appointed Khulekani Mathe to take over as CEO in January 2025 when Cas Coovadia retires. Mathe was appointed deputy CEO in... 

Tribunal says it confirms settlement agreement with furniture removal companies

The Competition Tribunal reports that furniture removal companies Stuttafords Van Lines and Pickfords Removals SA have admitted to involvement in a furniture removal cartel and agreed to pay an... 

TNPA boosts energy hub status in the Port of Richards Bay

State-owned Transnet National Port Authority’s (TNPA’s) Port of Richards Bay is set to become a key hub for energy trade through the provision of bulk infrastructure to two sites located at the... 

Hummingbird, Corica in dispute over Kouroussa contract

Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due... 

Fintech startup secures funding from Standard Bank

Financial services firm Standard Bank has provided an $11-million facility to financial technology (fintech) startup company Float which will use the funds for the ongoing rollout of its... 

Zambezi river flow recedes amid reduced rainfall, El Niño

The river flows at Chavuma gauging station, the first gauging station located in the North-Western province of Zambia and which measures river flows as the Zambezi river enters Zambia from Angola,...