PPC experienced increased demand in some market segments
PPC Group revenue increased by 3% to R8 938 million (March 2020: R8 671 million) due to the recovery in
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Africa
Newco to convert plastic waste into syngas
Kibo Energy has concluded its due diligence regarding the agreement with South Africa-based IGES to jointly develop a portfolio of
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Kibo Energy refocuses strategy on renewable energy opportunities
Kibo Energy PLC, the multi-asset, Africa & UK focused energy company, has announced that, following an extensive review of the
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Kusile power station to be completed by 2025
Deputy President David Mabuza has been given the assurance that the Kusile power station will be completed within the 2024/25
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Wescoal Production slightly higher than the comparable quarter
Group mining production for the quarter ended 31 March 2021 (Q4’FY21) is in total 1% higher than the comparable quarter
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Sephaku Cement makes profits against last year loss
SepCem’s sales volumes were 9% higher year-on-year for the twelve months ended 31 December 2021 in spite of there being
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Stable Uis production provides AfriTin with strong base for expansion
AfriTin Mining has announced that tin concentrate production during the first quarter of the 2022 Financial Year exceeded expectations.The Uis
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Exxaro: SA Scale Ratings raised by Standard & Poor’s rating services
Exxaro Resources has given notice that Standard and Poor’s (S&P) has on 14 June 2021 raised Exxaro’s National Scale Rating
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Diamond deal suggests flaws in De Beers, Botswana relationship
An exceptional diamond agreement between De Beers and one of its sightholders, Diacore, raises questions about the secrecy shaping Botswana’s
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Eskom power stations tripped 711 times in 2020
Eskom has reported that it used 130% more fuel oil than anticipated for coal-fired power stations during the 2020 financial
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Botswana unearthed 1,098-carat stone the third-largest
Botswana’s diamond miner Debswana has said it unearthed a 1,098-carat stone that it described as the third-largest of its kind
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Ivanhoe Mines releases copper production guidance for 2021
Ivanhoe’s guidance for contained copper in concentrate expected to be produced by the Kamoa-Kakula Project for the balance of 2021
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Chrometco commissions the final phase of chrome processing plant
Chrometco and the rest of the mining industry were faced with numerous challenges during the past year. Despite all the
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N$6,5 billion approved for Skorpion Zinc revival
According to The Namibian, Vedanta Zinc International, the parent company of Skorpion Zinc Mine, plans to invest N$6,5 billion into
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FMF applauds government on new threshold to produce electricity
Johannesburg – The Free Market Foundation (FMF) welcomes the decision by President Cyril Ramaphosa’s Cabinet to lift the threshold for
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Kamoa-Kakula’s off-take agreements for blister copper and concentrate
DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines has announced that Kamoa Copper SA –the operating company of the joint venture
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Kibo Energy to supply Tete Steel and Vanadium
Kibo Energy PLC, the multi-asset, Africa focused energy company, says the Benga Project, located in the Tete province of Mozambique,
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Load shedding: Koeberg will be key, says De Ruyter
Many years of deferred maintenance and delays in the commissioning of new power stations Medupi and Kusile have ensured that
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Sasol successfully completes divestment of the ASUs
On 10 September 2020, Sasol informed the market that Sasol South Africa Limited (“SSA”), a major subsidiary of Sasol, had
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FMF proposes immediate reforms to stop rolling blackouts
Johannesburg – The Stage 4 loadshedding (better understood as Stage 4 de-industrialisation) announced on 9 June 2021. The state maintains
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Katoro Gold Project to reprocess 1.34 million ounce of gold
Katoro Gold Plc has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture in South Africa,
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Lualaba Copper Smelter to produce 99% blister copper for Kamoa Copper
Kamoa Copper signed a 10-year agreement with the Lualaba Copper Smelter, located outside the town of Kolwezi, for the processing
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PPC sells its non-core Botswana assets
PPC Limited in its trading statement reports that earnings before interest, tax, depreciation and amortisation (EBITDA) for continuing operations is
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AMS awarded contract for mining services at Motheo copper project
Perenti Global has reported that its surface mining subsidiary in Africa, African Mining Services (AMS), was awarded the contract for
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Sasol restructures existing oil hedges, increases hedge cover ratio
Johannesburg – Sasol has made significant progress in deleveraging its balance sheet following a strong operating performance in a more
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Alphamin continues to intercept high grade tin mineralisation
Alphamin Resources, a producer of 4% of the world’s mined tin from its high-grade operation in the Democratic Republic of
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BoatmanCapital: Thungela Resources is drowning in liabilities
Anglo American is demerging its thermal coal operations into a new company called Thungela Resources, which has listed its shares
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Jubilee: Further acquisition of PGM material in the Eastern Limb
Jubilee has announced a further substantial acquisition of the rights to 944 000 tonnes of PGM containing tailings in the
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Jubilee Metals commissions its new chrome ore processing facility
As previously announced, in November 2020, Jubilee commenced the construction of an additional 80 000 tonnes per month of chrome
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Pan African gets Barberton Mines’ gold mining rights renewed
Pan African Resources has informed shareholders that the South African Department of Mineral Resources and Energy (DMRE) has granted the
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