Gemfields turn loss to profit in six months ending 30 June 2021
LONDON – Gemfields is reasonably certain that its net profit after tax will be USD 23.8 million for the six
Read more
Non-Metal
Sasol collaborates on iron catalysts to convert H2/CO2 into green fuel
JOHANNESBURG, South Africa – A team of researchers from Sasol and the Catalysis Institute at the University of Cape Town (UCT)
Read more
Sasol and Central Energy Fund to accelerate gas development in SA
JOHANNESBURG, South Africa – Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on
Read more
De Beers’ seventh sales cycle of 2021 valued at $515m
Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ seventh sales
Read more
REFIRE grows its hydrogen fuel cell business
Headquartered in Shanghai, China, REFIRE is a leading global provider of hydrogen fuel cell technologies. The company specialises in the
Read more
The oil market rebalances, natural gas shows seasonal volatility
Oil prices increased by 39 percent between August 2020 and February 2021 on positive vaccine news and the rapid economic
Read more
Eskom slashes R81.9 billion from its debt, needs more to borrow
Eskom gross debt was cut by R81.9-billion, leaving an outstanding debt of R401.8-billion. And there is the outstanding municipal debt,
Read more
Imperial Oil to produce renewable diesel using locally grown crops
Imperial Oil plans to build a renewable diesel complex at its Strathcona refinery near Edmonton, Canada, using locally grown vegetable
Read more
Rolleston Coal Mine’s remaining stake sold to Glencore
Japanese trading house Sumitomo Corp has agreed to sell its 12.5% stake in the Rolleston thermal coal mine in Australia
Read more
New test facility for safe transportation of hydrogen
Rosen Group is expanding its hydrogen capabilities by exploring the safe transportation of hydrogen in pipeline infrastructure. This will see
Read more
Petra Diamonds to restart operations in northern Tanzania
Petra Diamonds is looking to restart operations of the Williamson mine at Mwadui in Shinyaga region, northern Tanzania, in the
Read more
Rio Tinto dazzles with its pink, red and blue diamonds
Rio Tinto’s final Argyle Pink Diamonds Tender collection of rare pink, red, blue and violet diamonds is being showcased to
Read more
Woodside and BHP to create a global energy company
Woodside Petroleum and BHP Group have entered into a merger commitment deed to combine their respective oil and gas portfolios
Read more
Sasol delivers strong performance despite COVID-19 pandemic
Sasol delivered a strong set of results for the year ended 30 June 2021. Earnings before interest and tax (EBIT)
Read more
New all-time record for commercial quality emerald
LONDON – Gemfields has announced the results of an auction of predominantly commercial quality rough emeralds held from 28 July
Read more
Arnot Opco signs a ten-year coal supply agreement with Eskom
Update of 28 July 2021, referring to the imminent restart of the Arnot Mine, based in Middelburg, Mpumalanga, and the
Read more
Shenzi North project approved, Trion project moves into FEED phase
The BHP Board has today approved US$544 million in capital expenditure to execute the Shenzi North oil project in the
Read more
Medupi’s last unit in operation marks completion of the project
Eskom has announced that on Saturday Unit 1, the last of six generation units of the Medupi Power Station Project
Read more
Wescoal delivers solid overall performance
The Group delivered a solid overall performance for the first quarter of FY22 ended 30 June 2021 (Q1’FY22) with all
Read more
De Beers completes sixth rough diamond sales cycle of 2021
Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ sixth sales
Read more
South32 coal divestments in South Africa result in loss
South32 has reported that its South Africa Energy Coal saleable production decreased by 20% (or 4.6Mt) to 18.1Mt in FY21
Read more
Sasol delivered production volumes in line with guidance
JOHANNESBURG – Sasol delivered production volumes in line with guidance for the year ended 30 June 2021 despite the challenging
Read more
Ramaphosa: electricity reform in word only?
Johannesburg – The Free Market Foundation (FMF) calls on government to speed up the process of detailing and gazetting President
Read more
MC Mining: Uitkomst Colliery resumes operations
MC Mining Limited has advised that operations at its 70% owned Uitkomst colliery resumed earlier yesterday. Bus service providers contracted
Read more
Significant oil discovered offshore Ghana
Eni announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban 1X
Read more
MC Mining temporarily suspends coal mining operations
MC Mining advises operations at its 70% owned Uitkomst colliery have been temporary suspended pending resolution of the civil unrest
Read more
Shell opens Europe’s largest PEM hydrogen electrolyser
Europe’s largest PEM hydrogen electrolyser began operations at Shell’s Energy and Chemicals Park Rheinland, producing green hydrogen. As part of
Read more
Gemfieds Group responds to share price movement
LONDON – Amid accusations of insider trading, Gemfieds Group notes the recent increase in its share price and confirms that
Read more
Rwanda to resume search for gas and oil in its volcanic lake
Rwanda will resume works to explore the prospects of oil in Lake Kivu soon after the project’s Rwf1.038 billion budget
Read more
Glencore to acquire JV partners’ shares in the Cerrejón mine
Baar, Switzerland – Following notices from its joint venture partners, BHP and Anglo American, offering to sell their entire shares
Read more