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
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Non-Metal
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
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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
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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
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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
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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
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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
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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
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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
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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 moreShell 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
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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
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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
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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
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Rough diamond sales value for De Beers’ fifth sales cycle of 2021
Anglo American plc has announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth
Read moreIncentivising adoption of hydrogen-fuelled heavy transport
The transport sector is huge; it is critical to the economy of the European Union (EU), contributing around five per
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PPC experienced increased demand in some market segments
PPC Group revenue increased by 3% to R8 938 million (March 2020: R8 671 million) due to the recovery in
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Newco to convert plastic waste into syngas
Kibo Energy has concluded its due diligence regarding the agreement with South Africa-based IGES to jointly develop a portfolio of
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Kusile power station to be completed by 2025
Deputy President David Mabuza has been given the assurance that the Kusile power station will be completed within the 2024/25
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Wescoal Production slightly higher than the comparable quarter
Group mining production for the quarter ended 31 March 2021 (Q4’FY21) is in total 1% higher than the comparable quarter
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Sephaku Cement makes profits against last year loss
SepCem’s sales volumes were 9% higher year-on-year for the twelve months ended 31 December 2021 in spite of there being
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Eskom power stations tripped 711 times in 2020
Eskom has reported that it used 130% more fuel oil than anticipated for coal-fired power stations during the 2020 financial
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Botswana unearthed 1,098-carat stone the third-largest
Botswana’s diamond miner Debswana has said it unearthed a 1,098-carat stone that it described as the third-largest of its kind
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Kibo Energy to supply Tete Steel and Vanadium
Kibo Energy PLC, the multi-asset, Africa focused energy company, says the Benga Project, located in the Tete province of Mozambique,
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Load shedding: Koeberg will be key, says De Ruyter
Many years of deferred maintenance and delays in the commissioning of new power stations Medupi and Kusile have ensured that
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Sasol successfully completes divestment of the ASUs
On 10 September 2020, Sasol informed the market that Sasol South Africa Limited (“SSA”), a major subsidiary of Sasol, had
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FMF proposes immediate reforms to stop rolling blackouts
Johannesburg – The Stage 4 loadshedding (better understood as Stage 4 de-industrialisation) announced on 9 June 2021. The state maintains
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PPC sells its non-core Botswana assets
PPC Limited in its trading statement reports that earnings before interest, tax, depreciation and amortisation (EBITDA) for continuing operations is
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Sasol restructures existing oil hedges, increases hedge cover ratio
Johannesburg – Sasol has made significant progress in deleveraging its balance sheet following a strong operating performance in a more
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BoatmanCapital: Thungela Resources is drowning in liabilities
Anglo American is demerging its thermal coal operations into a new company called Thungela Resources, which has listed its shares
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