R/€ = 15.86 Change: -0.02
R/$ = 13.28 Change: -0.04
Au 1292.31 $/oz Change: -0.98
Pt 939.00 $/oz Change: 1.50

Kim Cloete

PetroSA upbeat about gas exploration

12th September 2017 Despite a slowdown in exploration and an underinvested industry, South Africa still holds great prospects for exploration in gas, believes PetroSA chief geophysicist Peter Dekker. He told delegates at the South African Geophysical Association (Saga) conference, in Somerset West, that there were... 

Geophysicists urged to innovate amid tough times for exploration

12th September 2017 The state of exploration for oil and gas as well as mining is in a fix, with exploration spending having decreased by 69% in the last four years, delegates attending the South African Geophysical Association (Saga) 2017 conference have heard. Lockheed Martin business development manager Dan Di... 

Faced with shifts in technology, the mining industry will need to adapt

11th September 2017 The mining industry will need to adapt to ongoing changes in technology and involve all players in each step of the process, suggests change management analyst Petro du Pisani. Du Pisani from IntegriChange, who has a longstanding record in the mining industry, told delegates attending the South... 

Heavy haul rail industry urged to improve efficiencies

5th September 2017 The heavy haul industry should work hard to improve the efficiency of rail operations, cut costs of doing business and create internationally competitive supply chains, says Transnet Group CE Siyabonga Gama. He told delegates at the eleventh International Heavy Haul Association (IHHA) conference,... 

No corruption in nuclear negotiations, Eskom chief nuclear officer assures

18th May 2017 Eskom’s chief nuclear officer David Nicholls is still firmly committed to the principle that nuclear is the way to go for a sustainable energy future and says he knows of no corruption in negotiations on a deal to procure new nuclear energy capacity. “I’ve been in the middle of this deal for... 

Absence of Eskom CEO rattles opening of African Utility Week

16th May 2017 Despite great anticipation ahead of his address, reinstated Eskom CEO Brian Molefe did not open the annual African Utility Week, in Cape Town, as planned. The CEO was scheduled to be the keynote speaker at the opening plenary, attended by several thousand energy and water experts, but pulled out... 

High Court rules in favour of Earthlife Africa in South Africa’s first climate change case

8th March 2017 The North Gauteng High Court has ruled in favour of environmental justice organisation, Earthlife Africa (ELA), on the basis that the climate change impacts of the proposed Thabametsi coal-fired power station, were not  properly considered. In South Africa’s first climate change court case, ELA... 

Judgment reserved in South Africa’s first climate change court case

7th March 2017 The outcome of South Africa’s first climate change court case could set an important precedent. Judgment has been reserved, following compelling arguments in the Pretoria High Court by lawyers for Earthlife Africa, the Department of Environmental Affairs (DEA) and the developers of the 557.3 MW... 

Concerns about illicit funding flows dog mining companies in Africa

9th February 2017 A World Bank report has raised concerns about tax compliance by mining companies in Africa, tax loopholes and the illicit flow of funds in a range of African countries. The report, ‘Transfer Pricing in Africa, with a focus on Africa’, has shown that several countries on the continent have... 

Signs of hope for the platinum industry

9th February 2017 Following a few tough years, experts believe the platinum sector’s future looks bright, with a strong case for investing in the precious metal. World Platinum Investment Council CEO Paul Wilson this week said traditional investors had walked away from platinum as an investment from 2015 to 2017,... 

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