Local manufacturing had the potential to support South Africa’s economic recovery, but this required addressing a myriad of challenges, panellists said during a South African Capital Equipment Export Council webinar on September 10. The webinar was hel…
Local manufacturing needs support to fulfil potential, panellists say Read More »
Emerging domestic natural gas and helium producer Renergen has revised the drilling programme at its Virginia gas project, in the Free State. The first well in the programme, using a percussion rig, was unable to reach the casing point at the base of t…
Renergen revises Virginia drilling programme Read More »
South Africa’s real gross domestic product (GDP) contracted by 51% in the second quarter, down from a revised 1.8% quarter-on-quarter contraction recorded in the first quarter, extending the economic recession into its fourth quarter. Nearly 91% of ind…
Commenters call for an end to lockdown as second-quarter GDP contracts 51% Read More »
South Africa’s real gross domestic product (GDP) decreased by just over 16% between the first and second quarters, resulting in an annualised growth rate of ‑51%. This has extended the economic recession into its fourth quarter.
Commenters call for an end to lockdown as second-quarter GDP contracts sharply Read More »
Aim-listed Botswana Diamonds has arranged a placing with existing and new investors to raise £300 000 through the issue of 50-million new ordinary shares. The funds raised will be used to fund ongoing exploration activities in Botswana and South Africa…
Botswana Diamonds to raise £300 000 Read More »
Development finance institutions, the Development Bank of Southern Africa (DBSA) and the Industrial Development Corporation (IDC), have committed project development funding to Mitochondria Energy Company, a local South African business that was establ…
IDC, DBSA invest in development of locally-produced fuel cell energy tech Read More »
Aim-listed Kropz has advised that the appeal hearing against the Elandsfontein project’s water-use licence (WUL), which was due to reconvene on September 3, has been postponed. The company says it will provide shareholders with an update on the final h…
Elandsfontein water licence appeal hearing postponed Read More »
The board of Tshipi é Ntle Manganese Mining has declared a dividend of R330-million for the first half of the 2021 financial year. ASX-listed Jupiter Mines, which holds 49.9% of Tshipi, will receive R156-million of the dividend. It will also recover R2…
Tshipi declares R330m interim dividend Read More »
Despite a challenging start to the year, global platinum authority Platinum Guild International (PGI) reports that there have been positive signs of recovery in platinum jewellery markets in the second quarter of this year. The pandemic accelerated the…
Encouraging signs of recovery for platinum jewellery, says PGI Read More »
Gold was performing well before the Covid-19 pandemic and has since been buoyed by the uncertain global climate.
A panel of speakers participating in a webinar session on gold during the Mines and Money online conference on September 1 pointed out tha…
Panellists highlight potential gold investment opportunities Read More »
