Research Channel | Advanced Search - Research Channel Africa

ALL

Back All

News

Sector

SELECT a_id, a_id_word, a_headline, a_publish_date, a_abstract, a_author, a_has_video, a_has_audio FROM su_cat_sg_mappings, re_categories , re_category_sections_assoc , pr_sections , pr_article_section_assoc , pr_articles_search, pr_article_media_assoc WHERE csg_sg_id = 1 AND csg_cat_id = cat_id AND a_status = 1 AND a_process_status = 4 AND a_expiry_date >= 1735263000 AND cat_id = scat_cat_id AND scat_s_id = s_id AND s_id = ase_s_id AND ase_a_id = a_id AND cat_re_id = 42 AND ama_a_id = a_id AND ama_mt_id = 2 AND ama_p_id = ase_p_id AND s_id NOT IN (14903,14910,14911,14906,14904,14912,14909,14908,14907,14905) AND a_publish_date <= 1735263000 AND ase_s_id IN (14576,15076,14885,15075,14270,14271,14272,14886,14274,14273,14888,15674,14887,13947,13786,13787,13788,13789,13790,13792,13793,13946,13979,13980,13981,13982,13983,13984,13978,13986,13985,13987,13989,13988,13990,13991,13992,13993,16694,16693,16696,16695,16697,16698,16699,13994,13995,13996,13997,13206,13207,13208,13209,13210,13211,14520,13212,13213,13832,13214,13215,13216,13217,13218,13219,14182,13220,13221,14501,13222,13223,14674,14186,14436,13224,13225,13226,13227,13228,13229,14519,14485,13230,14484,14878,14183,13350,570,559,564,558,566,556,571,560,565,555,569,562,568,561,567,557,572,563,14889,14891,14892,14893,14894,14895,15673,14896,14897,14898,14899,14900,13929,13778,16683,13779,13828,13945,15252,13781,13783,13784,13785,13959,13960,13961,13962,13963,13964,13958,13966,13965,13967,13969,13968,13970,13971,13972,13973,16686,16685,16690,16688,16691,16692,16687,13974,13975,13976,13977,13144,14299,13177,14298,13145,13147,14184,13146,13149,14301,13150,13153,14275,13151,13152,13148,14302,14304,14303,14305,13154,13155,13156,13157,13158,13159,13160,13161,14309,13162,13171,13163,13164,13165,13166,13167,13168,14300,13169,13170,13172,13173,13174,13175,14307,14276,14308,14310,13176,13188,13189,13190,13191,14187,13194,13196,13197,13195,13198,13200,13201,13202,14306,13203,13204,13205) GROUP BY a_id ORDER BY a_publish_date DESC LIMIT 0, 100

Burgundy sold $93m of diamonds in its fourth quarter sales cycles

Published: 17 Dec 24

ASX-listed Burgundy Diamond Mines, which operates the Ekati mine in Canada, generated revenue of $93-million from two sales cycles in the fourth quarter. Its October sales cycle generated $47-million in proceeds from the sale of 583 000 ct at an average price of $80/ct. The December sales cycle resulted in the sale of 425 000 ct at an average price of $106/ct for revenue of $46-million.

Dorah Modise named Climate Commission director, Olver to serve as deputy chair

Published: 17 Dec 24

The Presidential Climate Commission (PCC) has appointed Dorah Modise as executive director, effective from February 24, 2025, following the retirement of Dr Crispian Olver, who President Cyril Ramaphosa subsequently appointed as deputy chairperson of the Commission from January 1. Modise has more than 26 years of experience in environmental sustainability; international diplomacy; local, regional and national government; industry associations; and academia.

Icasa gives Telkom permission to dispose of towers, masts business

Published: 17 Dec 24

Industry regulator the Independent Communications Authority of South Africa (Icasa) has approved mobile network operator Telkom's R6.75-billion disposal of its Swiftnet business, which houses its masts and towers business. The decision obtained from Icasa on December 13 results in a change of control of Swiftnet’s licences and fulfils one of the suspensive conditions for the disposal.

Jubilee facing production issues in Zambia amid power outages

Published: 17 Dec 24

Diversified metals processor Jubilee Metals, which has operations in South Africa and Zambia, has reported increased disruptions at its Roan facilities, in Zambia, owing to unplanned power outages in that country. These blackouts have significantly impacted on production, with the Roan operations being particularly vulnerable compared with the Sable refinery, which benefits from private electricity supply.

Novo Resources to acquire two NSW gold projects

Published: 17 Dec 24

ASX- and TSX-listed Novo Resources Corp has entered into binding term sheets with fellow ASX-listed companies TechGen Metals and Manhattan Corporation to acquire their respective John Bull and Tibooburra gold projects, in New South Wales (NSW). The two projects support Novo’s strategy of identifying ‘drill ready’ exploration targets with a demonstrated pathway with potential to be a standalone project with more than one-million ounces of development potential.

Kenya plans IVF to save rare White Rhinos nearing extinction

Published: 17 Dec 24

Kenya plans to use assisted reproduction techniques to save the northern white rhino — a species that has only two females remaining worldwide — from the brink of extinction. It will involve developing embryos in a laboratory and using so-called stem-cell-associated techniques with ancient material to help reproduce the rare mammals, Kenya Wildlife Service said in a notice on its website.

Nioko proposes buyout of Hummingbird amid the latter’s financial struggles

Published: 17 Dec 24

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to address the latter's significant financial and operational challenges. The offer, valued at about £13.8-million, proposes paying 2.68p a share for Hummingbird's issued and to-be-issued share capital not already held by Nioko. The deal includes a critical debt-to-equity conversion plan to stabilise Hummingbird's finances.

Nubank invests $150m in Tyme's Series D capital raise

Published: 17 Dec 24

Digital financial services group Nubank has invested $150-million in Singapore-based financial services firm Tyme's oversubscribed $250-million Series D capital raise, with Catalyst subscribing for $50-million and existing shareholders investing a further $50-million. With operations spanning Latin America and Europe, Nubank brings substantial resources and significant expertise to its partnership with Tyme’s complementary footprint in Africa and South-East Asia.

Aura raises A$9m to advance Tiris development activities

Published: 17 Dec 24

ASX- and Aim-listed Aura Energy has received firm commitments to raise about A$9-million through the issue of 64.28-million shares at an issue price of A$0.14 a share. Proceeds will be used to further progress development activities at Aura's Tiris uranium project, in Mauritania, beyond a final investment decision.

Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand

Published: 17 Dec 24

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that rising gold prices and Blyvoor’s improved operational performance has increased the Carletonville mine’s operating profit by 59%.