Tharisa signs MoU for 40 MWp solar photovoltaic project
Paphos, Cyprus – Total Eren and Chariot will develop, finance, construct, own, operate and maintain a solar photovoltaic (PV) project
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News
Glencore: The 2021 operating environment remained challenging
Glencore in its full year 2021 production report says that own sourced copper production of 1,195,700 tonnes was 62,400 tonnes
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BHP minerals exploration reaches sum of US$110 million
BHP says its minerals exploration expenditure for the December 2021 half year was US$110 million, of which US$80 million was
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BHP continues to review metallurgical coal and thermal coal assets
BHP has reported that production guidance for the 2022 financial year remains unchanged for iron ore, energy coal and nickel.
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South32: Hermosa project update
South32 Limited has provided an update following completion of a pre-feasibility study (PFS) for the Taylor Deposit, which is the
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Eskom blamed for billions of rands worth of production lost in mining
Billions of rands worth of production in the mining industry has been lost since 2008 when the inability of Eskom
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Speedy implementation to stop and root out corruption in public sectors
Johannesburg – The Minerals Council South Africa endorses, and urges, the speedy implementation of the recommendations made in the first
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Jubilee Metals update on strategic global development opportunities
Jubilee recently announced a year of significant growth with audited annual results to 31 June 2021 showing revenues increasing by
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Anglo American confirms 2021 guidance, value accretive 35% growth
Anglo American has provided an update on its strong operational and financial performance during 2021 and its sector-leading growth. This
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Zimplats invests R28 billion capital for new mine and solar plant
Impala Platinum’s Zimplats in Zimbabwe, has announced a new R28 billion capital shore-up to develop a new mine, expand existing
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Q3 platinum 2021 surplus of 592koz reflects significant ETF disinvestment
Before reviewing the third quarter supply and demand it is important to note that investment demand in Q3’20 was extraordinary.
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Platinum supply and demand 2021 update and 2022 forecast
For 2021 total platinum supply is now forecast to rise 19% year-on-year to 8,114 koz, still below the 2019 level
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Ramaphosa backs R131bn financing offer for just energy transition
President Cyril Ramaphosa speaking during his parliamentary Q&A on Thursday made his strong stand in favour of partial privatisation of
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Tharisa extends the life of mine by an additional 7 years to 2041
Tharisa, the platinum group metals (PGMs) and chrome co-producer, announces an extension of the open pit Life of Mine (LOM)
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Sustainable Steel – Sustainability Indicators 2021
The World Steel Association (worldsteel) has published Sustainable steel – Sustainability Indicators 2021 and our sustainability journey. In addition to including the
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COP26 strengthens the case for platinum-based hydrogen
The 2021 Glasgow Climate Pact, agreed by nearly 200 participating countries in the closing stages of COP26, is a global
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Gordhan: Experts appointed to investigate sabotage at Eskom power stations
Eskom says it has employed the services of forensic investigators to get to the bottom of its suspicions to investigate
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Sell some Eskom’s coal-fired power plants, Government says
Finance Minister Enoch Godongwana in his budget speech said South African government ministers have reached a general agreement to sell
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STEEL: Finance minister’s medium-term budget policy welcomed
JOHANNESBURG – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes Finance Minister Enoch Godongwana’s Medium Term Budget Policy
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AfriTin begins Namibian resource expansion
AfriTin Mining has begun the first of multiple exploration programmes at and around its Uis mine in Namibia. AfriTin has
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AFRIMAT: Commodities benefited from favourable iron ore pricing
Afrimat’s all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared to the previous corresponding
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Manufacturing sector shows gains in capacity utilization
Despite the country’s continued lockdown, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes gains in capacity utilization
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COP26: The economics of the energy transition
The world is warming because of emissions from fossil fuels like coal, oil and natural gas, caused by humans. The
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Anglo American appoints new CEO at £1.25 million pa + bonus
Anglo American plc (“Anglo American”) announces the appointment of Duncan Wanblad as Chief Executive, with effect from Anglo American’s AGM
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South Africa hails deal at COP26 to end coal-based power generation
Agreed at the COP26 climate summit in Scotland, South Africa is set to receive $8.5bn (R125bn) to help end its
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Supply-chain disruptions, high energy costs slow down global growth
The IMF has cut its global growth forecasts and raised inflation forecasts, never a good combination. Supply-chain disruptions and rapidly
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Collapsing Eskom and load shedding stages explained
At all times there must be sufficient supply to meet demand, however electricity demand is not constant because of: peak
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GLENCORE: Production guidance remains unchanged for 2021
Glencore says, in its Third Quarter 2021 Production Report, that the asset base has largely performed in line with our
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Exxaro enters MOU with Eskom and Seriti to energise a low carbon future
Exxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
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Eskom continues its disaster mission of ‘jobs shedding and capital drain’
Due to further shortage of generation capacity, Eskom says it “regrets” to announce that Stage 4 which started from 12:00
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