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,
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Non-Metal
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
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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 moreNew 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
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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
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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
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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
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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)
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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
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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
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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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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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