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AfDB and AIMS to transform industry-led research in Africa
The African Development Bank and the African Institute of...
ATNS Executives attend 59th ACI Africa Regional Conference in Nigeria
Air Traffic and Navigation Services (ATNS) SOC Limited is...
Melville Douglas appoints Paolo Senatore as Global Strategist
Melville Douglas, a boutique investment management company has appointment...
Vodacom provides over 80% 4G coverage in South Africa
Vodacom has become the first African mobile network to...
Malawi Stock Exchange to launch new Automated Trading System
The Malawi Stock Exchange, in conjunction with the Reserve...
National Oil Corporation to list on Nairobi and London Stock Exchanges
Besides the meeting, trade and diplomacy, security and regional...
Pick n Pay Group’s Africa operations contribute ZAR4.6 billion
Pick n Pay today, 19 April 2018, published its...
Alpha Investment Group invests ZAR400 million in KidZania
Alpha Investment Group (Alpha), a 100% black-owned investment holding company, is...
How fintech transforms banking industry across Africa
The FinTech space in Africa is witnessing rapid growth...
How to promote economic growth in South Africa’s emerging tech industry
Despite decades of progress towards achieving equality in the...

Mining

Sibanye-Stillwater announces acquisition additional securities by Exor Investments

Monday, March 12th, 2018

Sibanye-Stillwater announces acquisition additional securities by Exor Investments

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Sibanye-Stillwater has received formal notification from Exor Investments (UK) LLP Exor that it has acquired American Depositary shares (ADSs) issued by the Bank of New York Mellon, each

Kumba Iron Ore Non-Executive Director steps down

Friday, March 9th, 2018

Kumba Iron Ore Non-Executive Director steps down

Kumba Iron Ore announces that Mr Allen Morgan has decided to step down as an independent non-executive director at, and with effect from, the Company’s forthcoming AGM on 11 May 2018, after serving for twelve years on...

De Beers – rough diamond demand soars

Wednesday, March 7th, 2018

De Beers – rough diamond demand soars

De Beers Group today, 7 March 2018, announced the value of rough diamond sales for the second sales cycle of 2018. “The second sales cycle of the year saw the continuation of good rough diamond demand. This was in line...

Royal Bafokeng Platinum headline earnings drop by 35%

Tuesday, March 6th, 2018

Royal Bafokeng Platinum headline earnings drop by 35%

Royal Bafokeng Platinum (RBPlat) made good progress despite the challenging conditions both locally and globally, by restructuring and optimising the business for tough times and achieving a meaningful reduction in costs. We ended the year with no...

AngloGold Ashanti seals Moab Khotsong and Kopanang Mines sale

Friday, March 2nd, 2018

AngloGold Ashanti seals Moab Khotsong and Kopanang Mines sale

AngloGold Ashanti is pleased to announce that all conditions precedent have been fulfilled with respect to the sale of the Moab Khotsong Mine and related assets and liabilities to Harmony Gold Mining Company Limited, and the separate...

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...

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....

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