In a decisive ruling, the International Chamber of Commerce (ICC) tribunal has ordered La Congolaise d’Exploitation Minière (Cominière), a state-owned mining company, to pay a penalty of $42,290,000 plus interest for non-compliance with emergency orders. This ruling, dated March 10,…
The Minerals Council South Africa (MCSA) has expressed concerns following the tabling of the 2025 National Budget, which highlighted urgent fiscal measures amidst sluggish economic growth. Finance Minister Enoch Godongwana announced significant tax hikes and fiscal adjustments aimed at stabilizing…
President Cyril Ramaphosa has underscored the critical role of infrastructure investment in driving South Africa’s economic revival. Speaking during a Questions for Oral Reply session in the National Assembly on Tuesday, the President emphasized the necessity of public and private…
South Africa’s agricultural sector is at the heart of the nation’s economic growth and food security, as emphasized by President Cyril Ramaphosa in his recent newsletter. Highlighting its resilience and transformative potential, the President revealed that South Africa’s agricultural exports…
Ivanhoe Mines‘ Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) has kicked off 2025 with impressive strides, achieving near-record copper production in January and February, with 45,477 tonnes and 40,849 tonnes respectively. This marks a significant milestone for…
The South African government, striving to invigorate the nation’s logistics sector, unveiled critical reforms aimed at enhancing export capabilities and economic stability. Transport Minister Barbara Creecy emphasized these developments during the launch of the World Bank report, “Driving Inclusive Growth…
In a significant move, President Cyril Ramaphosa signed into law the Expropriation Bill, detailing how state organs may expropriate land in the public interest. This new legislation aims to address South Africa’s painful past where land was a privilege enjoyed…
The Energy Council of South Africa has launched a nationwide campaign to empower South Africans to gain a better understanding of and engage in the energy transition. The campaign is a response to South Africa’s commitment to lowering carbon emissions…
In a bold declaration, Minister of Electricity and Energy, Dr. Kgosientsho Ramokgopa, has assured South Africans that the nation will conquer the ongoing load shedding crisis by the end of the week. Despite recent challenges, including the unexpected loss of…
Ivanhoe Mines (TSX: IVN) has reported a solid financial performance for 2024, booking a remarkable $193 million profit. However, despite these impressive figures, industry experts caution that the company’s ambitious growth plans and operational setbacks might hinder its long-term success.…
Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) has just announced a significant milestone that is set to reshape the South African and global mining sectors. In a landmark agreement with the Glencore Merafe Venture (GM Venture), the enhancement of the historical…
International Relations and Cooperation Minister, Ronald Lamola, has firmly rejected the proposal to withdraw South African soldiers from the Democratic Republic of Congo (DRC), stating that such an action would be “worse than surrender.” Addressing Parliament during an urgent debate…
