Sibanye-Stillwater cautions on its nickel and copper negotiations
JOHANNESBURG – Sibanye-Stillwater hereby advises its shareholders that the Company has entered into negotiations with affiliates of funds advised by
Read more
News
Improving SA’s trade barrier score requires correct policy choices
Government-imposed barriers to trade, such as tariffs, duties, and protectionist policies, inhibit the flow of goods and services and hurt
Read more
Anglo American releases production report for Q3 2021
According to the report production is up 2% compared to Q3 of last year, with its operating levels generally maintained
Read more
South32 operations continue to deliver to annual guidance
In its QUARTERLY REPORT, South32 says it maintained FY22 production guidance with its operations continuing to deliver to plan, taking
Read more
Without pro-trade reforms, Africa risks missing out on global growth
The Free Market Foundation (FMF) and the Initiative for African Trade and Prosperity (IATP) call on African governments to radically
Read more
Volvo launches world’s first vehicle using SSAB’s fossil-free steel
Volvo Group has proudly revealed the world’s first vehicle made of fossil-free steel from SSAB – made in Volvo Construction
Read more
BHP production and cost guidance remains unchanged for 2022
BHP Group released an operational review for the quarter ended 30 September 2021. Importantly, the quarterly update notes that production
Read more
Only SA-produced cement permitted on all public sector projects
South Africa’s Treasury Department issued a circular effectively banning imported cement in government-funded projects from 4 November 2021. Importers of
Read more
METAL COMMODITIES: High demand by the energy transition
Year 2021 has been a year characterised by a surprising recovery for commodity prices helped by a 2020 that was
Read more
Oil recovery shows demand is still rebounding as it hits $82/barrel
With the pandemic is still around us, its impact on the world economy and on energy demand is fading. Renascent
Read more
SA deindustrializes and this needs to change fast – Godongwana
The SA economy has been on a path of deindustrialisation – which speaks to significant job losses, widening income inequality
Read more
Lawlessness, illegal miners and violence at Orkney gold mines
An assembly of security and police teams raided 300 illegal miners who were launching an onslaught on security staff at
Read more
Gemstones’ Fabergé doubles revenue compared to 2020
Fabergé is one of the world’s most-recognised luxury-brand names, underscored by a well-documented, rich, illustrious heritage. As a wholly owned
Read more
Localisation master plans will hobble economic growth – FMF
JOHANNESBURG – While increased industrialisation and manufacturing can spur economic growth and create jobs, the Free Market Foundation (FMF) maintains
Read more
COSATU’S intended National Day of action 7 October 2021
Management may be aware, from recent media reports, that the Congress of South African Trade Unions (COSATU) is preparing for
Read more
Afrimat benefits from favourable iron ore pricing and new projects
Afrimat has reported that its all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared
Read more
Minerals Council welcomes judgment on the 2018 Mining Charter
JOHANNESBURG – The Minerals Council South Africa welcomes the High Court judgement released on Tuesday that the Mining Charter 2018
Read more
MERAFE: Ferrochrome price increases by 15.4% for last quarter 2021
SANDTON – Merafe Resources has advised that the European benchmark ferrochrome price for the fourth quarter of 2021 has been
Read more
Karpowership gets 3 licences: Is NERSA compromised?
Even with an ongoing legal fight and environmental concerns, the National Energy Regulator of South Africa (NERSA) on Tuesday approved
Read more
Tharisa inaugurates Climate Change and Sustainability Committee
The Tharisa board has established the Climate Change and Sustainability Committee, which will function alongside the Safety, Health and Environment
Read more
Ramaphosa’s rule: corruption has worsened, says Afrobarometer
Cape Town – Results from the most recent Afrobarometer survey show South Africans’ trust in various institutions is at its
Read more
BHP pays taxes to host countries, but not in South Africa
BHP is subject to the different tax regimes that apply in each of the countries and complies with applicable taxation
Read more
Centaur Mining was another Guptas’ puppet, liquidators say
Centaur Mining SA’s bid to fend off a R400-million claim from liquidators of the controversial Trillian group of companies seems
Read more
Manufacturing sector data reflects the impact of unrest in July
JOHANNESBURG – The Steel and Engineering Federation of Southern Africa (SEIFSA), says the manufacturing production and sales data reflects the
Read more
SEIFSA welcomes positive trend in economic GDP growth rate for SA
JOHANNESBURG – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the latest real Gross Domestic Product
Read more
Global Manufacturing: V-Shaped Recovery and Implications for the World
Global manufacturing contracted sharply in the spring of 2020. Unlike during the global financial crisis, however, the decline was short-lived,
Read more
FMF: Commodities boom in South Africa must not be squandered
Johannesburg – While the Free Market Foundation (FMF) acknowledges the positive structural reforms currently underway by government – most notably
Read more
Harmony Gold Mining: fatality at Mponeng mine
Johannesburg – Harmony Gold Mining Company has advised that an employee was fatally injured on Wednesday, following a seismic event
Read more
Economic freedom leads to greater income for workers and entrepreneurs
JOHANNESBURG — Economic freedom enhances income mobility while the poor in unfree nations have fewer opportunities to escape poverty and
Read more
Need for accelerated implementation of institutional and structural reforms
JOHANNESBURG – The Minerals Council South Africa notes the StatsSA report of record unemployment of 34.4% announced yesterday and urges
Read more