試す - 無料

PIC commits R1.35bn to fund early-stage mining projects

The Mercury

|

October 09, 2025

THE Public Investment Corporation (PIC) has announced a R1.35 billion funding allocation to support early-stage mining opportunities across South Africa and the rest of the African continent.

- SIPHELELE DLUDLA

The largest asset manager in Africa with over R3 trillion in assets under management said on Wednesday that this move was aimed at boosting exploration, supporting the just energy transition, and driving inclusive economic growth.

The PIC said the funding will target mining projects that are well advanced — from post-scoping to bankable feasibility study (BFS) stage — providing critical capital at a stage often considered too risky for traditional investors.

According to the PIC, the strategic allocation will enable it to back the growth of South Africa's mining sector through indirect investments, primarily via private equity, venture capital, specialist mining funds, and joint ventures or partnerships.

The Mercury からのその他のストーリー

The Mercury

Homes razed in Australia bushfires

BUSHFIRES have razed hundreds of buildings across southeast Australia, authorities said yesterday, as they confirmed the first death from the disaster.

time to read

1 mins

January 12, 2026

The Mercury

AVALANCHES CLAIM THREE LIVES IN FRENCH ALPS

TWO separate avalanches claimed the lives of three off-piste skiers in the French Alps at the weekend, officials said.

time to read

1 min

January 12, 2026

The Mercury

Municipal elections a chance to scrutinise electoral system

THIS year, South Africa is going to have local government elections.

time to read

2 mins

January 12, 2026

The Mercury

Food trends that will define our plates in 2026

AS JANUARY rolls in, many of us find ourselves reflecting on the year ahead — sorting out cupboards, rethinking grocery lists, and making promises to our future selves.

time to read

2 mins

January 12, 2026

The Mercury

The Mercury

Frank claims to have Spurs backing despite FA Cup exit

THOMAS Frank insisted he retains the support of Tottenham’s hierarchy after Saturday’s FA Cup exit against Aston Villa piled pressure on the beleaguered boss.

time to read

2 mins

January 12, 2026

The Mercury

Funding chaos threatens KwaZulu-Natal school reopening: meals, textbooks missing

LABOUR unions are warning that many schools are not ready to reopen and might not be in a position to provide meals on the first day of school.

time to read

3 mins

January 12, 2026

The Mercury

The Mercury

Meta partners with US nuclear companies to power AI data centers

TECH giant Meta has announced major agreements with three US nuclear energy companies that it says will add up to 6.6 gigawatts of clean power by 2035.

time to read

2 mins

January 12, 2026

The Mercury

The Mercury

Crime ‘drives desperate residents from their homes’ in Inanda

THE township of Inanda continues to grapple with a spiralling crime wave that is compelling residents to abandon their homes.

time to read

2 mins

January 12, 2026

The Mercury

SOUTH AFRICA NEEDS JOBS, NOT JUST REGRET

PRESIDENT Cyril Ramaphosa's recent admission that unemployment keeps him awake at night is a sentiment millions of South Africans know intimately.

time to read

1 mins

January 12, 2026

The Mercury

How Africa can turn fragmented mineral belts into coherent regional value chains

In 2023, a mine operating along the Central African Copperbelt moved its first test consignment through the Lobito Corridor, using the refurbished rail spine that links the Democratic Republic of Congo to Angola's Atlantic coast.

time to read

4 mins

January 12, 2026

Listen

Translate

Share

-
+

Change font size