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Africa remains world’s second-fastest growing region
In 2016, Africa as a whole maintained its position...
Vukile Property Fund reports 7.1% growth in dividends per share
Vukile Property Fund today reported 7.1% growth in dividends...
Mall of Africa development gets international VIVA Awards
Atterbury Property’s development of the Mall of Africa secured...
Sibanye Gold appoints new Independent Non-Executive Director
Christopher Chadwick has resigned from the Board with effect...
Ecobank Group and Mastercard recognised at African Banker Awards
The strategic partnership between the Ecobank Group and Mastercard...
Eskom State of Governance at the centre of Public Enterprise discussions
The Portfolio Committee on Public Enterprises held an extraordinary...
Citrix South Africa increases footprint across Africa
Citrix today, 24 May 2017, announces that it is...
How to build cities of the future?
Cities are the engine rooms for economic advantage on...
Transaction Capital creates 3 764 black-owned SMEs in South Africa
Transaction Capital, a provider of specialised financial and allied...
Attend Manufacturing Indaba in South Africa
South Africa’s continuing efforts to grow the manufacturing industry...

Mining

Tharisa revenue jumps to $175.1 million

Tuesday, May 16th, 2017

Tharisa revenue jumps to $175.1 million

Tharisa has announced its interim results for the period ended March 2017. Revenue fro the interim period jumped to USD175.1 million (USD86.0 million) and gross profit shot up to USD82.4 million (USD21.1 million). Results from operating activities multiplied to USD69.9 million (USD10.6 million). Profit for the period attributable to owners was higher at USD41.9 million

Oakbay Resources Independent Non-executive Director resigns

Friday, May 12th, 2017

Oakbay Resources Independent Non-executive Director resigns

Oakbay Resources has announced that Mark Pamensky, an Independent Non-Executive Director, Audit Committee Chairman and member of the Company’s risk nomination, social, ethics and remuneration committees has tendered his resignation with effect from 10 June 2017. The...

South African minerals industry needs investor certainty

Wednesday, May 10th, 2017

South African minerals industry needs investor certainty

The recent Fraser Institute survey of mining globally has seen South Africa drop to 74th place out of 104 mining jurisdictions, down from last year’s 66 . We now rank behind the likes of the Democratic of...

AngloGold Ashanti declares first fatality free for Q1

Monday, May 8th, 2017

AngloGold Ashanti declares first fatality free for Q1

AngloGold Ashanti achieved key safety records, with its first ever fatality-free March quarter and achieved two consecutive fatality free quarters for the second time in its history. The South Africa region reached a new milestone of 247...

Rockwell Diamonds provides third update regarding subsidiaries in Kimberley

Tuesday, May 2nd, 2017

Rockwell Diamonds provides third update regarding subsidiaries in Kimberley

Rockwell Diamonds Inc provides an update to the interim liquidation orders brought by C-Rock Mining Limited  against three subsidiaries of the company issued by a judge in Kimberley South Africa on March 23, 2017. The interim orders,...

Nkomati Mine: Norilsk Nickel issues legal proceedings against Botswana Government

Friday, April 28th, 2017

Nkomati Mine: Norilsk Nickel issues legal proceedings against Botswana Government

Norilsk Nickel has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in the reckless trading of BCL Limited and BCL Investments Proprietary Limited (together...

Kumba Iron Ore Sishen production increased by 31%

Monday, April 24th, 2017

Kumba Iron Ore Sishen production increased by 31%

Kumba Iron Ore Limited (Kumba) today, 24 April 2017, released its production and sales report for the quarter ended 31 March 2017. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore...

Anglo American rough diamond production increased by 8% to 7.4 million carats

Monday, April 24th, 2017

Anglo American rough diamond production increased by 8% to 7.4 million carats

Rough diamond production increased by 8% to 7.4 million carats compared with Q1 2016. This reflected the contribution of Gahcho Kué in Canada, as well as increases in response to improved trading conditions. “A strong operational performance...

Kibo signs Memorandum of Understanding with Mbeya Cement

Thursday, April 20th, 2017

Kibo signs Memorandum of Understanding with Mbeya Cement

Kibo Mining, the Tanzania focused mineral exploration and development Company, is pleased to announce that it has signed a strategic Memorandum of Understanding with Mbeya Cement Company, to develop a strategic regional collaboration and reciprocal supply of...

Kibali heads for full production as second hydropower station is commissioned

Thursday, April 20th, 2017

Kibali heads for full production as second hydropower station is commissioned

The Kibali gold mine’s underground operation, which will significantly increase production, is on track to start commissioning in the third quarter of this year, announced Mark Bristow, Randgold Resources Chief Executive Officer during a media briefing held...

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