Edward West

Multimedia Journalist, Business

South Africa's gold industry faces sodium cyanide shortage - DRDGold

Edward West|Published

Amid soaring gold prices, South Africa's gold industry grapples with a critical sodium cyanide shortage, impacting production and prompting strategic responses from ...

Pan African Resources’ share price rises as profits soar by over 200%

Edward West|Published

Pan African Resources has reported a remarkable profit increase of over 200%, driven by a significant rise in gold production. The company's share price reflects ...

MTN Group's R35 billion offer accepted by IHS Towers board

Edward West|Published

MTN Group has made a significant move to acquire IHS Towers for R35 billion, aiming to strengthen its position in Africa's digital infrastructure market. The deal, ...

Insufficient power tariffs threaten 3,000 jobs at Glencore-Merafe Chrome Smelter

Edward West|Published

Despite Nersa approving an interim electricity tariff for ferrochrome smelters, Merafe directors warn it's insufficient for long-term viability, leaving 3000 jobs ...

Grindrod projects earnings surge of over 100% for 2025 boosted by strategic deals

Edward West|Published

With a predicted earnings leap for 2025, Grindrod Limited is showing resilience and strategic foresight in a challenging market. Read more to understand the factors ...

BHP reports record copper production which now contributes 51% of earnings

Edward West|Published

BHP reports that copper now contributes over 50% of core earnings as production increases by 30% over four years. The mining giant has raised its copper production ...

BHP partners with Wheaton for $4.3 billion silver streaming agreement

Edward West|Published

With BHP unlocking a record $4.3 billion from its silver resources, this groundbreaking streaming agreement with Wheaton Precious Metals underscores a strategic ...

Afrimat reports robust operational progress and talks with ArcellorMittal SA to save steel plant

Edward West|Published

Afrimat reports good operational progress and the strategic maneuvers employed to mitigate economic challenges as it prepares to close the financial year. The insights ...

Tongaat Hulett faces liquidation after Vision and and BRPs clashed over business rescue plan

Edward West|Published

Business rescue practitioners have filed for the provisional liquidation of Tongaat Hulett, citing Vision Group's 'inability or unwillingness' to secure funding ...

AECI forecasts over 20% increase in earnings for 2025 amidst operational challenges

Edward West|Published

AECI, a key player in the mining and chemicals sector, is on track to release its financial results for the year ending 31 December 2025, with considerable optimism ...

Telkom reports 8.4% growth, riding on mobile services and data growth

Edward West|Published

Telkom reports 8.4% growth, riding on mobile services and data growth. In an era where connectivity is more crucial than ever, Telkom is setting benchmarks with ...

British American Tobacco's strategy: Building a 'smokeless world' while cigarette sales fall

Edward West|Published

British American Tobacco reported a strategic shift towards reduced-risk products, with smokeless consumer numbers growing 16% to 34.1 million in 2023 while cigarette ...

Mustek forecasts 270% Surge in headline earnings for H1 2026

Edward West|Published

South African technology group Mustek has announced expectations of a remarkable 250-270% increase in headline earnings per share for the first half of its 2026 ...

KAP shares rise after forecast of up to 35% increase in headline earnings

Edward West|Published

KAP Industrial's share price rose 2.2% following forecasts of headline earnings per share growth of up to 35%, driven by strong performances from PG Bison and Feltex ...

Cell C data traffic surges despite flat earnings in first listed period

Edward West|Published

Cell C Holdings has reported marginally lower headline earnings in its first financial results since listing on the JSE, with a 1.8% revenue increase to R5.68bn ...

BAT commits to £1.3bn share buy-back programme for 2026 despite market challenges

Edward West|Published

British American Tobacco reports robust 2025 results with 157% EPS growth, while announcing plans to close its South African manufacturing facility by end-2026 due ...

South32 sees strong first half earnings growth while preparing for Mozal shutdown

Edward West|Published

South32 has posted strong first-half results with a 9% increase in EBITDA to $1.1 billion and a 16% rise in underlying earnings, despite announcing plans to place ...

SAB reports strong growth driven by premium beer brands

Edward West|Published

South African Breweries has reported mid-single digit revenue growth for the 2025 financial year, with premium and super premium beer brands showing impressive volume ...

Altron shares jump 8% after forecasting 30% earnings growth

Edward West|Published

Altron's share price jumps over 8% following a trading statement projecting at least 30% earnings growth for FY2026. The ICT group expects headline earnings per ...

Global mining at inflection point as demand for critical minerals surges

Edward West|Published

BDO's Annual Mining Report 2024 reveals the global mining sector is at a pivotal moment, with critical minerals demand soaring due to the low-carbon transition while ...

South Africa's critical minerals: The case for local beneficiation

Edward West|Published

South Africa possesses 21 critical minerals that could transform its economy through beneficiation, but only a fraction is currently processed locally. Minerals ...

African Gold Council launched to keep gold value on the continent

Edward West|Published

The newly formed African Gold Council aims to transform how the continent utilises its gold resources by creating a local ecosystem instead of exporting unprocessed ...

Southern and Eastern Africa Power Pools to connect, boosting regional electricity capacity

Edward West|Published

The Southern Africa Power Pool is set to connect with the Eastern Africa Power Pool later this year, providing South Africa with greater options in sourcing power ...

Day three of Mining Indaba focuses on Africa's mining potential and innovation

Edward West|Published

Explore the innovations shaping Africa’s mining future at the Mining Indaba as industry leaders discuss collaboration, sustainability, and economic growth.

Mining companies urged to plan for community development beyond mine life

Edward West|Published

nglo American launches a R100 million initiative to support entrepreneurs and SMEs in mining communities, as industry leaders at Mining Indaba emphasize the need ...