Energy resources firm Resource Generation (Resgen), which is listed on the ASX and the JSE, on Monday said the third and final member of the proposed lending syndicate for the construction of its Boikarabelo mine in South Africa had confirmed its participation in writing. It said the combined proposed mine construction funding package offered by members [...]

The signing of 93 economic and trade cooperation agreements between South African and Chinese entrepreneurs signifies a deepening of the economic relationship between the respective countries, newly appointed Trade and Industry Minister Ebrahim Patel said in a statement. The statement was issued following a ceremony, on Friday, during which deals worth more than R27-billion were [...]

US Assistant Secretary of State for African Affairs Tibor Nagy believes there is a window of opportunity for South Africa to attract direct investment from American firms that are currently seeking outlets for billions of dollars in capital, accumulated as a result of strong economic conditions in the world’s largest economy. Speaking at the Wits [...]

JSE- and ASX-listed Orion Minerals’ introductory mining familiarisation short courses within the Siyathemba municipality, in the Northern Cape, have raised public awareness of the mining industry and the opportunities it offers, the company reports. The five-day short courses have been offered free-of-charge in Prieska, Marydale and Niekerkshoop, to residents who have completed their Grade 12 and have an [...]

Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the confirmation by President Cyril Ramaphosa that Eskom will receive R230-billion in funding from government over a ten-year period.

Eskom has welcomed a high court judgement ordering Trillian to pay back the R595-million it earned in an "unlawful and invalid" contract. The Gupta-linked advisory firm was ordered by the High Court in Pretoria on Tuesday to pay back the money after the utility in March 2018 launched a bid to set aside its payments [...]

While the Gibela factory in Gauteng has started to steadily produce new, made-in-South Africa trains for the Metrorail system in South Africa, it appears it may take some time before these trains all start carrying passengers. The Gibela Rail Transport Consortium is to deliver 600 new trains (3 600 cars) to the Passenger Rail Agency [...]

Zimbabwe and Zambia chose General Electric (GE) and Power Construction Corporation of China to build a $4-billion hydropower project straddling their border, Zimbabwean President Emmerson Mnangagwa said. The 2 400 MW Batoka Gorge plant has been planned for years by the two southern African nations, both of which are struggling with electricity shortages after a [...]

President Cyril Ramaphosa announced on Thursday that the R230-billion in fiscal support being directed to debt-laden power utility Eskom over the coming ten years would be structured in a way that ensures a significant portion is provided in the early years. A Special Appropriation Bill would be tabled in Parliament on an urgent basis to [...]

Seriti Resources and a consortium backed by global energy trader Mercuria are among up to six groups to have submitted final bids for the South African coal assets of South32, four sources familiar with the matter told Reuters. A consortium backed by South African miner Exxaro Resources dropped out of the race due to competition [...]

The Botswana Stock Exchange-listed Minergy on Thursday announced that its CFO Morne du Plessis had been appointed CEO-designate and would take over the reins of the coal mining and coal trading company on August 1. This follows last month’s announcement that current Minergy CEO Andre Bojé, 63, would be retiring.

Italian Railways senior VP Nino Cingolani expects the consortium appointed as the preferred bidder in the Tambo Springs Intermodal Terminal project to sign the 20-year concession agreement with Transnet Freight Rail (TFR) by the end of the year. The consortium, announced earlier this month, is led by South Africa’s Southern Palace, and includes Italian Railways [...]