Different markets in different countries where PPC operates
SANDTON – The twelve months ending 31 March 2023 has been characterized by different market conditions in each of the
Read more
Non-Metal
Uitkomst Colliery produced 225,389 tonnes of run of mine coal
Uitkomst Colliery, Utrecht, KwaZulu-Natal (84% owned), produced 225,389 tonnes (t) (H1 FY2022: 217,228t) of run of mine (ROM) coal during
Read more
De Beers’ rough diamond sales for second sales cycle of 2023
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ second sales
Read more
Sasol publishes update on renewable power integration
JOHANNESBURG – Sasol has committed to reduce its absolute Greenhouse Gas (GHG) emissions from South African operations by at least
Read more
Eskom needs to be further from government, not closer
On the 9th of January, President Cyril Ramaphosa announced that the Department of Energy will be taking over Eskom, and
Read more
Sasol publishes update on renewable power integration
JOHANNESBURG – Sasol has committed to reduce its absolute Greenhouse Gas (GHG) emissions from South African operations by at least
Read more
MC Mining outsources the Vele Aluwani Colliery
MC Mining Limited (MC Mining or the Company) has announced that it signed a Contract Mining Agreement with Hlalethembeni Outsourcing
Read more
$0.8 billion of capex for Woodsmith greenfield project for 2023
At Woodsmith, Anglo American’s next major greenfield project after Quellaveco, the company has approved $0.8 billion of capex for 2023,
Read more
Aramco and Total to construct world scale petrochemical facility
PARIS – The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of
Read more
MC Mining: Anti-fossil fuel trend and war resulted in record coal prices
MC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
Read more
Sustainable fuels to reduce glassmaking carbon emissions by 80%
British research organisation Glass Futures published its report for the Department of Business, Energy and Industrial Strategy (BEIS) which answers some
Read more
De Beers’ rough diamond sales value – tenth sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ tenth sales
Read more
Eskom CEO Andre de Ruyter resigns amid high stages of loadshedding
Eskom’s CEO André de Ruyter has resigned. He has been under enormous pressure as the country has been plunged into
Read more
PPC cement sales price increases limited to 5%
The PPC group continues to deliver sound cash generation and deleverage the balance sheet despite difficult trading conditions in its
Read more
Rough diamond sales value for De Beers’ ninth sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ ninth provisional
Read more
Reliance on gas is a hard habit to break
Europe is in the grip of an energy crisis. Piped gas imports from Russia are 80% down on last year,
Read more
Cementos Concepción commissions its new US$300m plant
PARAGUAY – Cementos Concepción (CECON), a company belonging to the Cartes Group, has begun commissioning its US$300m cement plant in
Read more
Arabian Cement to establish a solar PV unit at its Suez plant
EGYPT – Arabian Cement Company (ACC) has signed an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish
Read more
MC Mining reports loss in short announcement
MC Mining reports that revenue increased by 14% to $23.5 million from $20.7 million in the prior corresponding period. Operating
Read more
Anglo American and EDF Renewables form Envusa Energy
Anglo American in partnership with EDF Renewables announce their agreement to form a new jointly owned company, Envusa Energy, to
Read more
Gemfields more than doubles its profit in six months ending 30 June 2022
Gemfields is certain that its net profit after tax will be USD 56.7 million for the six months ending 30
Read more
ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
Read more
A feasible South African policy solution to the crisis of electricity generation
The electricity crisis in South Africa is self-inflicted. This has become clear from the many costly disruptions in electricity supply
Read more
De Beers’ rough diamond sales value for seventh sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ seventh sales
Read more
MC Mining reaps the benefit of favourable coal prices
MC Mining says it has made very pleasing progress during the last four months. This includes securing the standby loan
Read more
South32 cancels US$700M investment in Australian coal project
South32 has announced it will not proceed with an investment in the Dendrobium Next Domain (DND) project at the Illawarra
Read more
Sasol performs strongly amid higher energy and chemicals prices
Sasol performs strongly against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply
Read more
Gas and oil: Russia is heading for economic oblivion
Russia is heading for economic oblivion according to YALE Chief Executive Leadership Institute (Yale CELI) Review of the Impact of
Read more
Transnet continues to ruin the SA mining industry
On 14 April 2022, Thungela issued an announcement on SENS and RNS informing the market that Transnet SOC Ltd, acting
Read more
iGAS and CMG acquire 30% of the Rompco Pipeline from Sasol
Johannesburg – iGAS, a subsidiary of the Central Energy Fund (CEF), and Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of
Read more