TCTA welcomes latest positive outlook by Moody’s

State-owned Trans Caledon Tunnel Authority (TCTA) on Monday said that ratings agency Moody has reaffirmed the positive outlook on TCTA’s water infrastructure projects, having moved from s stable to... 

RISE Mzansi’s Makashule Gana will lead impeachment committee

The impeachment committee that will probe allegations involving President Cyril Ramaphosa's Phala Phala scandal will be chaired by RISE Mzansi’s Makashule Gana. Committee members voted on Monday to... 

Former AfDB president Adesina appointed Diamonds for Development Fund chairperson

The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Development Fund – a... 

GIA to acquire 30% stake in De Beers-backed Tracr

The Gemological Institute of America (GIA) has entered into a definitive agreement to acquire a 30% shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering... 

Petra places Finsch mine in business rescue, takes further steps to cut costs

Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overall business. CEO... 

Eskom appoints new group executive for distribution

Power utility Eskom has appointed Junaid Munshi group executive for its Distribution division, with effect from June 1. It says Munshi is a seasoned executive with more than three decades of... 

Nersa considers Eskom's tariff offer to ferrochrome producers

Engineering News editor Terence Creamer discusses some of the issues the National Energy Regulator of South Africa will need to consider in relation to an application by Eskom to extend a 62c/kWh... 

Legal experts clarify the definition of ‘mine’, what events may be investigated by the DMPR

Mining companies should familiarise themselves with the application of the Mine Health and Safety Act (MHSA) to operations, as well as the powers of inspectors from the Mine Health and Safety... 

Andrew Bahlmann

This week we profile Andrew Bahlmann, joint CE of Deal Leaders International, a sell-side merger and acquisition (M&A) advisory service provider 

Copper 360 updates market on expected full-year financial results

South African copper company Copper 360 has published an updated trading statement for the financial year ended February 28, informing shareholders that it is likely to report a 54% to 58%... 

Jubilee secures $1.5m investment to support its copper growth strategy

Zambia-focused integrated copper producer and resource developer Jubilee Metals, which is listed on the Aim and the AltX, has secured a $1.5-million unsecured convertible loan note investment... 

West Wits completes Qala Shallows 1 West Decline, expands scoping study aims

ASX-listed West Wits Mining has completed the 1 West Decline development at its Qala Shallows project, in South Africa, and broken through into the 2 Level mining horizon, providing first access to... 

Sappi, UPM sign binding agreements to merge European graphic paper businesses

Paper and pulp manufacturer Sappi has, through its wholly owned Sappi Papier Holding (SPH) subsidiary, entered into binding transaction agreements with Finnish materials solutions company... 

Aucamp stresses South Africa's commitment to remote research bases after Marion Island evacuation

Forestry, Fisheries and the Environment Minister Willie Aucamp has assured South Africans that the country remains committed to its Antarctic and sub-Antarctic research programme, which contributes... 

ZCCM-IH, Wonderful Group to invest $30m on reviving Ndola lime production facility

Zambia's State-owned mineral and energy investment holding company ZCCM Investment Holdings (ZCCM-IH) has entered into a joint venture (JV) with the Wonderful Group of Companies to develop and... 

Kendrick completes internal review of Namibia rare earth targets

London-listed mineral exploration and development company Kendrick Resources has completed an internal review and analysis of historic and current work to identify targets consistent with its... 

Arc agrees settlement as a final resolution to Zambia legal disputes

London-listed exploration company Arc Minerals, which is focused on discovering and developing Tier 1 copper deposits in Africa, has executed a comprehensive settlement agreement with various... 

Heavy rare earth containing monazite a potential third revenue stream for Sovereign's Kasiya

Testwork conducted on monazite concentrate recovered from Sovereign Metals' Kasyia rutile/graphite project, in Malawi, has confirmed that the heavy rare earth content of dysprosium, terbium and... 

Eramet appoints CFO, partially restarts Senegal mineral sands processing after Feb fire

Diversified metals miner Eramet has appointed Simon Henochsberg to succeed Abel Martins as group CFO and has announced the partial restart of mineral sands processing at its Grande Côte operation,... 

Kendrick raises £1.76m for Namibia rare earths project

London-listed Kendrick Resources has raised about £1.76-million through the issue of 25.2-million new ordinary shares to advance development of its Bonya rare earths project. The company notes that... 

Whale Head Minerals signs PSA over South African project

Aim-listed Kazera Global's subsidiary Whale Head Minerals has entered into a binding production sharing agreement with South African mineral processing group Rare Earth Minerals International... 

Sanankoro FEED process set for completion in the second half

West Africa-focused Cora Gold reports that its flagship Sanankoro project, in Mali, is progressing towards construction readiness. This includes the start of the front-end engineering design (FEED)... 

Stefanutti posts strong full-year results, supported by Kusile settlement

JSE-listed multidisciplinary construction group Stefanutti Stocks delivered a strong performance for the financial year ended February 28, supported by the recognition of the Kusile power project... 

Duvenhage to step down as Richards Bay Minerals MD

Werner Duvenhage will step down as MD of mineral sands producer Richards Bay Minerals (RBM) and Rio Tinto Iron and Titanium Africa Operations, with effect from July 31, to pursue an opportunity... 

Revised Dokwe PFS estimates pre-tax net present value of above $1bn

London-listed Ariana Resources, which has assets in Africa and Europe, has published a revised prefeasibility study (PFS) for its Dokwe gold project, in Zimbabwe, which is based on a... 

Two employees killed in incident at Harmony's Mponeng mine

Harmony Gold Mining Company has confirmed the death of two employees in a shaft engineering-related incident at the Mponeng mine, near Carletonville, in Gauteng. "We are deeply saddened by this... 

Treasury’s Jobs Fund launches 13th funding round

The National Treasury’s Jobs Fund has officially opened its thirteenth funding round, calling for bold, innovative solutions that can unlock scalable, sustainable employment. Under the theme... 

Aurum secures enviro certificates for Côte d'Ivoire gold project

The Côte d’Ivoire Ministry of Environment and Ecological Transition has issued three environmental approval certificates for ASX-listed Aurum Resources' Boundiali gold project, paving the way for... 

Sanlam Alternative Investments takes 10% stake in Africa GreenCo for $10m

Sanlam Alternative Investments, the alternative investments business within Sanlam, has become the first private institutional shareholder in renewable energy trader and buyer Africa GreenCo... 

Seriti confirms transport accident that claimed the lives of several New Denmark employees

Thermal coal miner Seriti Power has confirmed that a tragic road accident involving employees travelling to New Denmark Colliery occurred during the early hours of May 21 on the road between... 

Omnia reports strong cash position, flags higher full-year earnings

JSE-listed Omnia expects to report a 21% to 27% increase in earnings per share (EPS) to between R8.37 and R8.79 for the financial year ended March 31, compared with the EPS of R6.92 reported for... 

Gemfields' latest emerald auction yields $26.8m in revenue

Johannesburg- and London-listed gemstone miner Gemfields reports that its latest auction of higher-quality rough emeralds, recovered from the company's 75%-owned Kagem mine, in Zambia, generated... 

Reunert, CSG establish independent electronic fuze manufacturing capability in Slovakia

JSE-listed Reunert has concluded an agreement with CSG, formerly known as the Czechoslovak Group, to establish a strategic European electronic fuze manufacturing capability for large calibre... 

SA's electricity distribution sector in crisis

Engineering News editor Terence Creamer discusses the growing challenge of municipalities' failure to settle arrear debt owed to power utility Eskom, as well as the possible remedies to this... 

Ian Burger

This week we profile Ian Burger, MD: Technical at SOLA Group, a company that develops, designs, constructs, operates and manages solar PV and battery energy storage facilities, primarily via... 

WEG, Energy Venture Capital partner to finance hybrid energy projects in South Africa

Electric technologies and energy solutions provider WEG has partnered with strategic energy investment company Energy Venture Capital (EVC) to provide funding of between R5-million and R500-million... 

Solidarity welcomes Denel's wage increase, but acknowledges the long road that still lies ahead

Trade union Solidarity has welcomed State-owned defence group Denel's decision to grant employees an across-the-board 5.5% wage increase, backdated to April 1. The union says this is a meaningful... 

PIC, Balwin founders launch bid to take the property developer private

A consortium comprising the Public Investment Corporation (PIC) and founder investors of JSE-listed Balwin Properties, has made a firm offer to acquire all shares in the specialist large-scale... 

Mining Indaba strengthens its focus on turning partnerships into tangible deliveries

As preparations begin for the Investing in African Mining Indaba 2027, the event is sharpening its focus on how partnerships across African mining translate into practical outcomes and investment... 

URU completes ground-based electromagnetic survey at Zeb project

London-listed URU Metals has completed the fieldwork component of the ground-based frequency-domain electromagnetic (FDEM) survey at the Zeb nickel project, in South Africa. The survey forms part...