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SANRAL empowers local SMMEs road maintenance providers
The present upgrading of the Moloto Road north of...
Nthwese Developments gets 2018 SAPOA Property Development Award
Nthwese Developments Bambanani Shopping Centre in Diepsloot won the...
Shopping malls remain more profitable for big brands
Shopping centres are being expanded, renovated and some newly...
Tech hubs in East Africa spur next generation of disruptors
Ongoing improvement in East Africa’s economic prospects is forecast...
Climate Investor One becomes major renewable energy development funders
Climate Fund Managers (CFM), the fund manager of the...
GRIT and Hodari officially launch Mozambican Property and Asset Management Company
Grit, the only listed Africa-focused income distribution group to...
VC4A calls for African start-up entrepreneurs to apply for investment
VC4A (https://VC4A.com)  is calling for disruptive African scale-ups looking...
Sasfin Wealth appoints new Senior Portfolio Manager
Sasfin Wealth is pleased to announce the appointment of...
Cyber and digital skills top growth threats to private business
Growth confidence is high amongst private business owners, for...
SAICA charges former Eskom CFO Anoj Singh with misconduct
The South African Institute of Chartered Accountants (SAICA) announced...

Mining

Anglo American seals Eskom-tied thermal coal operations to Seriti Mine

Thursday, March 1st, 2018

Anglo American seals Eskom-tied thermal coal operations to Seriti Mine

Anglo American confirms completion of the sale of its Eskom-tied domestic thermal coal operations in South Africa to Seriti. The consideration payable for the Operations as at 1 January 2017 is ZAR2.3 billion, approximately $164 million. “We are pleased to have completed the sale of our Eskom-tied domestic thermal coal operations in South Africa to

South African Chamber of Mines welcomes new Minister of Mineral Resources

Tuesday, February 27th, 2018

South African Chamber of Mines welcomes new Minister of Mineral Resources

The South African Chamber of Mines notes the announcement of Cabinet appointments made by President Ramaphosa on 26 February 2018. The swift and decisive action taken by the President in a number of critical areas, especially in...

Kibo Mining resource to officially raise £750 000

Tuesday, February 27th, 2018

Kibo Mining resource to officially raise £750 000

Kibo Mining plc, the multi-asset Africa-focused energy and resource company, is pleased to announce that it has received commitments to raise £750,000 before expenses via a placing of 17 647 060 ordinary shares of par value Eur....

Afrimat predicts headline earnings to fall by 20%

Friday, February 23rd, 2018

Afrimat predicts headline earnings to fall by 20%

Afrimat, a Johannesburg Stock Exchange (JSE)-listed black empowered open-pit mining group that supplies industrial minerals and construction materials is publishing a voluntary business update for the year ending 28 February 2018. At this time a reasonable degree...

Eskom confirms status of Optimum Coal Mine

Thursday, February 22nd, 2018

Eskom confirms status of Optimum Coal Mine

Optimum coal mine that supplies Hendrina Power Station in Mpumalanga, South Africa informed Eskom that they have commenced with business rescue proceedings on 19 February 2018. Eskom has fully complied with its contractual obligations to Optimum Colliery....

Sibanye-Stillwater seals $2.65 billion bridge facility re-financing

Thursday, February 22nd, 2018

Sibanye-Stillwater seals $2.65 billion bridge facility re-financing

Sibanye-Stillwater today, 22 February 2018, reported operating and financial results for the 6 months ended 30 June 2017, delivering a strong operating and cost performance across the expanded Group in the second half of the year. Both...

Glencore funds from operations up 49%

Wednesday, February 21st, 2018

Glencore funds from operations up 49%

Our performance in 2017 was our strongest on record, driven by our leading Marketing and Industrial asset businesses. This is according to Ivan Glasenberg, Glencore Chief Executive Officer.  “Marketing Adjusted EBIT exceeded $3 billion for the first...

Anglo Gold signs Obuasi Gold Mine re-development deal in Ghana

Tuesday, February 20th, 2018

Anglo Gold signs Obuasi Gold Mine re-development deal in Ghana

AngloGold Ashanti is pleased to announce that it has signed the regulatory and fiscal agreements with the Government of Ghana that will provide the framework for the redevelopment of the Obuasi Gold Mine into a modern, productive...

AngloGold Ashanti full year production rises by 4%

Tuesday, February 20th, 2018

AngloGold Ashanti full year production rises by 4%

AngloGold Ashanti achieved guidance for the fifth straight year in 2017 as it achieved a 4% increase in production, progressed the restructuring of its South African portfolio and advanced its brownfield projects according to plan – all...

South32 reports lower interim headline earnings per share

Thursday, February 15th, 2018

South32 reports lower interim headline earnings per share

Global mining group South32 announced today, 15 February 2018, that its headline earnings per share eased to 9.9 U.S. cents a share in the half year to December 2017, from 11.6 percent during the same period in...

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