Neo Energy appoints finance veteran Schutte CFO and director

Uranium developer Neo Energy Metals has appointed De Wet Schutte CFO and executive director, effectively immediately. He brings to the position more than 30 years’ experience in finance,... 

Council reflects on drivers of gold’s ‘remarkable’ 2025, outlook for 2026

World Gold Council (WGC) says gold has experienced a remarkable year, achieving more than 50 all-time high prices and emerging as one of the strongest-performing assets in respect of returns. It... 

Petrol price increases by 29c/ℓ on Wednesday

Mineral and Petroleum Resources Minister Gwede Mantashe has announced the latest fuel price adjustments based on current local and international factors. From December 3, both Petrol 93 and Petrol... 

Sibanye-Stillwater inks three-year wage agreement with local gold mine unions

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has confirmed that it has concluded wage negotiations for its South African gold mining operations. The company signed a three-year... 

Exxaro benefits from stronger local coal demand this year amid global market volatility

Ahead of closing the 2025 financial year on December 31, diversified mining and energy group Exxaro Resources says the year was marred with shifting global trade dynamics, inflationary pressures,... 

Tharisa declares lower dividend, lower output in FY25

Chrome and platinum group metals (PGM) miner Tharisa has reported a 5% year-on-year increase in its operating profit to $125-million for the financial year ended September 30, despite lower PGM and... 

DFS considerably derisks Blencowe’s Orom-Cross graphite project

London-listed Blencowe Resources has confirmed the Orom-Cross graphite project’s potential to produce 20 000 t/y of concentrate in Phase 1 of its development before expanding to 70 000 t/y of... 

Mantengu posts higher interim loss but all operations are ramping up

Investment company Mantengu Mining has reported a wider comprehensive loss of R42.8-million for the six months ended August 31, compared with a R3-million profit in the comparable six months of... 

Petra announces permanent appointment of joint CEOs, director changes

London-listed Petra Diamonds has announced a series of board appointments following its AGM on November 27, including that of Vivek Gadodia and Juan Kemp as permanent joint CEOs of the company.... 

Pensana confirms scope to produce higher-value MREC at Angola project

Following a detailed evaluation of the Longonjo flow sheet, London-listed rare earths miner Pensana says there is scope to increase the content of heavy rare earths within its high-value mixed rare... 

Solidarity concerned about govt inaction as widescale retrenchments loom

Trade union Solidarity has warned that hundreds of thousands of jobs are at risk before Christmas and in the new year, followed “unfruitful” discussions with government during a meeting at the... 

MDA launches digital training, SMME hub in Welkom to serve mine communities

The Mineworkers Development Agency (MDA) and its partners Rand Mutual Assurance (RMA), Sibanye-Stillwater and the Department of Mineral and Petroleum Resources (DMPR) have launched a new digital... 

Ivanhoe completes initial ramp-up of Turbine 5 at Inga II hydropower plant

TSX-listed Ivanhoe Mines has successfully completed the ramp-up of Turbine 5 at the Inga II hydropower plant, with an initial 50 MW of hydropower being provided to the Kamoa-Kakula Copper Complex,... 

Services company Capital successfully raises $40m to advance growth

London-listed mining services company Capital has successfully raised gross proceeds of £31-million, or $40-million, after issuing 28.5-million new common shares in the company at a price of 107p... 

BMW South Africa shares peek inside world-class PHEV assembly operations

Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive... 

Kore Potash raises $12.2m

ASX-, JSE- and LSE-listed miner Kore Potash has conditionally raised about $12.2-million, or £9.2-million, through direct subscriptions of new ordinary shares. The company undertook a fundraise... 

Orion confirms Glencore financing, offtake agreement to be finalised within weeks

ASX- and JSE-listed copper mining company Orion Minerals says a wholly-owned subsidiary of Glencore is in the final stages of technical and financial due diligence to provide Orion with between... 

Collision avoidance standard need not be disruptive

Mine safety systems original-equipment manufacturer (OEM) Booyco Electronics says the implementation of Level 9 vehicle interventions for collision avoidance at mines remains uneven across the... 

SEW-EURODRIVE opens new facility for full-circle gearbox servicing and repairs

Gears and motors original-equipment manufacturer (OEM) SEW-EURODRIVE South Africa has opened a new service and repair facility in Aeroton, Johannesburg, to provide customers with full gearbox... 

Risk mitigation in focus as SA opens rail and port networks to private participants

With State-owned freight logistics group Transnet having turned to the market to invest in rail and port infrastructure, and the Department of Transport (DoT) having introduced various reforms to... 

Risk mitigation in focus as SA opens rail and port networks to private participants

With State-owned freight logistics group Transnet having turned to the market to invest in rail and port infrastructure, and the Department of Transport (DoT) having introduced various reforms to... 

Energy Drive appoints veteran clean solutions expert Moelders COO

UK-based motor efficiency company Energy Drive has appointed Dr Nick Moelders COO. Based in the US, his appointment marks a significant step in the company’s global expansion and enhancing its... 

Minerals Council details contribution to the economy, livelihoods

Industry body Minerals Council South Africa finds in its latest 'Mining Matters' report that the local industry provided R470-billion in household income in 2024, which demonstrates its role in... 

Junior Mining Exploration Fund delivering meaningful progress

After a successful first window of funding disbursed through the Junior Mining Exploration Fund (JMEF), the Council for Geoscience, together with the Industrial Development Corporation (IDC) and... 

Digital asset management will become backbone of modern energy system – consultancy

In continuing a two-part series of webinars on opportunities for digitalisation in South Africa’s energy sector, expert participant Siham Salie-Abrahams, representing advisory firm HKA Global, said... 

Valterra’s third-quarter volumes dip but it expects these will recover soon

London- and Johannesburg-listed Valterra Platinum has successfully reached steady-state production at the Tumela Lower section of the Amandelbult mine, in Limpopo, marking the completion of the... 

Gold set to soar even higher in 2026 – Metals Focus

Precious metals consultancy Metals Focus says in its latest ‘Precious Metals Investment Focus’ report for 2025/26 that gold prices will continue to rise in 2026, with the metal likely to reach the... 

Shuka confirms funds to advance Kabwe deal will release this week

Aim- and AltX-listed Shuka Minerals has advised that payments that will enable its acquisition of Leopard Exploration and Mining (LEM) and Kabwe zinc mine, in Zambia, are proceeding this week.... 

Perseus reports lower quarterly production as flagship mine transitions underground

Australian gold miner Perseus Mining has reported lower production of 99 953 oz for the quarter ended September 30, which is the first quarter of its 2026 financial year. Output for the quarter... 

Glencore Merafe Chrome Venture renews fuel supply agreement with Astron

The Glencore Merafe Chrome Venture, a joint venture (JV) between Merafe Resources and Glencore Operations South Africa, has concluded a renewed supply agreement with energy company Astron Energy... 

EY unpacks value of smart meter management, digital integration as power system decentralises

As the South African energy sector undergoes a profound shift from traditional, centralised power generation to a more decentralised but interconnected one, digitally integrated systems can... 

Construction sentiment ticks up despite less activity

The Civil Confidence Index compiled by FNB and the Bureau for Economic Research has increased to a level of 43 in the third quarter of the year from 41 in the second quarter and 45 in the first... 

LSF confident in building economic case for VRFB manufacturing in South Africa

After commissioning energy consultancy Customised Energy Solutions (CES) to determine the potential for a commercial vanadium redox flow battery (VRFB) value chain in South Africa, the Localisation... 

FQM lists requirements for Zambia to reach 3Mt copper ambition

TSX-listed copper, nickel and gold producer First Quantum Minerals (FQM) has shared its bold vision for helping Zambia reach production of three-million tonnes of copper a year by 2032. To produce... 

Kefi expects $240m debt capital agreement to be signed within days

Aim-listed Kefi Copper and Gold expects a $240-million debt capital offering towards its Tulu Kapi project, in Ethiopia, to be signed this week. The financing had been put on hold following a... 

New mining cadastre registers first 37 rightholders in Western Cape

South Africa’s mining cadastre is taking shape, with 37 rightholders having registered with the system in the Western Cape as part of its Phase 1 rollout, Department of Mineral and Petroleum... 

Transition can be phased as new regulations loom

Drive and control technologies company SEW-EURODRIVE says following a holistic approach to system efficiency using its IE3-standard motors, combined with other equipment, can realise cost savings... 

Terra Firma activates 2.9 MW solar project at Maxion facility

Wheels producer Maxion Wheels and solar solutions company Terra Firma have commissioned a 2.9 MW solar project that is powering Maxion’s manufacturing plant in Johannesburg. The installation... 

Salungano narrows operating loss as it works to turn around business

JSE-listed Salungano Group says the 2024 financial year was a defining period for the company, marked by intense operational and financial headwinds that tested the resilience of the business. “It... 

Capricorn increases share buyout offer for Warriedar

ASX-listed Capricorn Metals has increased its buyout offer price for fellow ASX-listed Warriedar from an initial one Capricorn share for every 62 Warriedar shares to one Capricorn share for every...