De Beers pays tribute to board member Matome Malema

Global miner De Beers Group reports that Matome Tsholetsa Malema, CEO of the Minerals Development Company Botswana (MDCB) and De Beers board member, has passed away. Malema was appointed to the De... 

Late payment crisis detrimental to SMEs, Business Partners says

The National Treasury’s latest payment data shows a worsening late payment crisis across national and provincial government departments, raising concerns about the sustainability of current payment... 

Toubani makes final investment decision for Mali project

ASX-listed Toubani Resources’ board has approved a positive final investment decision (FID) for the Kobada gold project, in Mali. Following the approval, construction activities have now formally... 

Municipalities underperform in revenue; high debt levels – Treasury report

In aggregate, municipalities budgeted for total revenue of R706.6-billion for 2025/26 and realised R360.7-billion by December 31, 2025, representing only 51% of spending. This is according to... 

Akobo records its strongest operational quarter yet

The fourth quarter of 2025 was the strong operational quarter yet for Scandinavian gold producer and explorer Akobo Minerals, with revenues of SKr29.8-million ($3.2-million) and earnings before... 

NEF, BMF sign MoU to bolster economic participation, leadership development

Government organisation the National Empowerment Fund (NEF) on February 28 signed a memorandum of understanding (MoU) with the nonprofit Black Management Forum (BMF), with the aim of having each... 

Environmental dept launches national consultation on EIA reforms

The Department of Forestry, Fisheries and the Environment (DFFE), in collaboration with the Department of Mineral and Petroleum Resources, provincial environmental affairs departments and other... 

Tulu Kapi project progressing as scheduled

Aim-listed Kefi Gold and Copper notes contractor Lycopodium’s announcement detailing its award of an engineering, supply and labour hire contract for the development of Kefi’s Tulu Kapi gold... 

David Edwards appointed Wia Gold CFO

ASX-listed Wia Gold has appointed David Edwards CFO, effective March 9. Edwards brings highly relevant financial and corporate experience to support Wia’s strategy of advancing the Kokoseb gold... 

Ledwaba resigns as Cilo Cybin CFO

Reshoketswe Maggy Ledwaba has resigned as CFO and executive director of JSE-listed Cilo Cybin, effective March 31. She will, however, remain with the company until April 30 to ensure an orderly... 

BLSA calls for more convictions following first major State capture conviction

Progress on improving accountability is finally materialising South Africa; however, the pace is still too slow, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso writes... 

Endeavour reports fatal accident at Burkina Faso mine

London- and Toronto-listed Endeavour Mining reports that a contractor colleague passed away on March 6, as a result of injuries sustained in an incident that occurred during maintenance activities... 

Association welcomes inclusion of three Reits in FTSE, JSE property indices

Representative body the SA REIT Association has welcome the inclusion of three real estate investment trusts (Reits) – Spear REIT, Dipula Properties and Octodec Investments – in the FTSE and JSE... 

Rand Refinery expands bursary programme, socioeconomic initiatives

Precious metals refiner Rand Refinery has expanded its bursary programme and socioeconomic initiatives. Since its inception in 2023, the Rand Refinery Bursary Scheme has grown, with the number of... 

Blencowe’s Iyan MRE increases overall Ugandan project mineral base

London-listed Blencowe Resources has completed a maiden Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate (MRE) for the recently discovered Iyan deposit at its 100%-owned... 

Kavango raises $8.4m through Zimbabwe, UK subscriptions

London-listed Kavango Resources has raised, by way of subscription, about $4.7-million in Zimbabwe and £2.8-million in the UK, totalling about $8.4-million.  A total of 629.99-million new ordinary... 

Sacci, GGDA session highlights opportunities, challenges for Gauteng investment

The South African Chamber of Commerce and Industry (Sacci) and the Gauteng Growth and Development Agency (GGDA) on March 5 held an executive session, under the theme 'Activating Strategic... 

Northam ups credit facility by R2bn to support renewables

JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its... 

R40bn opportunity for hemp industrialisation in South Africa requires policy support – LSF study

South Africa has the potential to capitalise on a domestic industrial hemp market opportunity valued at R40-billion by 2040; however, this requires proper industry development and policy support, a... 

Economist outlines challenges, opportunities for construction sector in light of global, local trends

There are a number of positive trends for the country’s economy which emerged from last week’s 2026 Budget speech; however, several constraints still linger and provide challenges to key industries... 

Copper 360 confirms board changes

JSE-listed Copper 360 has appointed Gordon Thompson and Seten Naidoo as executive directors with effect from March 2. The board says it has conducted a fit-and-proper assessment of both, and is... 

Thungela warns of a loss as a result of impairments

JSE-listed Thungela Resources expects to report a loss a share of between R53.50 and R56 for the year ended December 31, 2025, compared with the earnings a share of R26.76 reported for 2024. The... 

Itac mulling extension of safeguard measures on coated steel fasteners – consultancy

Recent notices published by the International Trade Administration Commission of South Africa (Itac) highlight important developments affecting South Africa’s steel and manufacturing industries,... 

Kore making strides to gain full ownership of Kola project

JSE-, Aim- and ASX-listed Kore Potash announced the purchase of a 0.46% interest in the share capital of Sintoukola Potash SA (SPSA) and the conditional right to acquire the remaining interest in... 

Absa’s PMI loses ground in February

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) lost ground in February, with the headline index having declined from 48.7 to 47.4. Most of the PMI subcomponents remained broadly... 

Rio Tinto approves R8.5bn Zulti South investment, lifts project suspension

Mining major Rio Tinto has approved its subsidiary Richards Bay Minerals’ (RBM’s) Zulti South project, lifting the suspension which had been in place since January 2020. The about R8.5-billion... 

Air Liquide invests R100m in Wits – South Africa Hydrogen Localisation Initiative

Gas solutions provider Air Liquide South Africa, the University of the Witwatersrand (Wits) and nonprofit the Localisation Support Fund (LSF) on February 27 officially launched the Wits – South... 

Budget shows encouraging signs of stabilisation, tax specialist says

South Africa is at a “turning point”, with encouraging signs of stabilisation, although challenges still persist, and this is reflected in the 2026 Budget delivered on February 25. This was... 

South32 Mozambique smelter pause threatens jobs, Eskom earnings

Australian diversified miner South32 has confirmed that its Mozal aluminium smelter, in Mozambique, will be put into care and maintenance in March. “As announced in December 2025, Mozal aluminium... 

South Africa’s asset managers lag international counterparts in responsible investment – Just Share report

South Africa’s largest asset management firms are lagging their global counterparts in responsible investment practices, nonprofit organisation Just Share’s ‘Asset Manager Responsible Investment... 

Botswana Diamonds changes its name as it expands focus

London-listed diamond miner Botswana Diamonds has changed its name to Botswana Minerals, to reflect the expanded strategy of the company. “Botswana is a top location for exploration – geologically,... 

Sanedi, Ramokgopa call for scientific collaboration to underpin energy planning

South Africa’s pursuit of energy security and the correct energy mix must be hinged on science-based policy, and government must take on a leading role, Electricity and Energy Minister Dr... 

Kendrick to acquire rare earth licences in Namibia

London-listed Kendrick Resources has exercised a previously announced option and entered into a definitive agreement with Bonya Exploration, which owns Namibia exploration licences EPL4458 and EPL... 

Kagem achieves four-year LTI-free milestone

Emerald producer Kagem Mining, which has operations in Zambia, has been recognised by that country’s Minerals Regulation Commission for its four-year lost time injury- (LTI-) free achievement.... 

Caledonia appoints arrangers for interim funding facility

London-listed Caledonia Mining has appointed Standard Bank Group member Stanbic Bank Zimbabwe and CBZ Bank as co‑lead arrangers for an interim funding facility. The facility forms part of the... 

Discussions continue over Burkina Faso government’s interest in Kiaka – West African

ASX-listed West African Resources has acknowledged recent media reports following the publication of the minutes of the meeting of the Council of Ministers of the Burkina Faso government, held on... 

Gemfields earns $53m from February ruby auction

Gemstone miner Gemfields earned revenue of $53-million from a mixed-quality rough ruby auction held from February 9 to 20.  The gemstones were extracted by Gemfields’ 75%-owned Montepuez Ruby... 

Parsons welcomes US court’s tariff decision, but warns challenges still lie ahead

The US Supreme Court’s decision last week to declare President Donald Trump’s reciprocal tariffs illegal is a “welcome respite” for several countries, South Africa included, which have had to... 

AngloGold’s earnings benefit from strong production growth

Gold miner AngloGold Ashanti, with a portfolio of ten operating assets across three continents, delivered record free cash flow of $2.9-billion in 2025 on the back of strong production growth,... 

De Beers’ loss widens to $511m amid ongoing diamond market challenges

A lower average rough price index and stock rebalancing initiatives had a significant impact on diamond miner De Beers’ earnings for the 2025 financial year, resulting in an underlying loss before...