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Loadshedding

Implats group executive refining and marketing Sifiso Sibiya.
Hydrogen economy continuing to build, Implats’ Sifiso Sibiya reports
3rd March 2023 By: Martin Creamer

Momentum in the hydrogen economy is continuing to build, Implats group executive refining and marketing Sifiso Sibiya reported when he presented an Implats slide outlining global market trends for... 


Forestry, Fisheries and Environment Minister Barbara Creecy says any environmental exemptions granted under yet-to-be-published directions will be approved on a 'case-by-case basis'
DTIC to act as one-stop shop for streamlining of energy project applications
3rd March 2023 By: Terence Creamer

The Department of Trade, Industry and Competition (DTIC) has been designated as the “single department” referred to in the recently published State of Disaster (SoD) regulations to coordinate the... 


Fuel inflation hit Implats' Canada operation at the sky-high level of 71%.
Implats unable to stem inflation tide as well as hoped, says CEO
3rd March 2023 By: Martin Creamer

Platinum group metals mining and marketing company Implats was unable to stem the high global inflation tide in the six months to December 31. Half-year group unit costs per six element (6E) ounce... 


Dr Tsakani Mthombeni
Implats reports big response to request for information on wheeled renewables
2nd March 2023 By: Martin Creamer

Platinum group metals mining and marketing company Impala Platinum (Implats) has had a major response to its request for information (RFI) for electricity through wheeling from renewable energy... 


Implats CEO Nico Muller.
Implats benefits from strong demand, R4.3bn allocated to energy, decarbonisation
2nd March 2023 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Implats benefitted from strong demand for its primary products in the half-year to December 31, amid a robust rand PGMs pricing... 


First two phases alone will save R425-million a year.
Harmony’s cheaper electricity and productivity surge can extend mine life
1st March 2023 By: Martin Creamer

The three-phase renewable energy rollout of Harmony Gold is not only driving decarbonisation but also the reduction of electricity costs, which has the potential to extend mine life through a... 


Harmony's Mponeng Gold Mine.
Harmony CEO hails strong performance of South African mines despite loadshedding
1st March 2023 By: Martin Creamer

The South African operations of Harmony Gold did very, very well in the six months to the end of December last year load curtailment notwithstanding, Harmony Gold CEO Peter Steenkamp said during a... 


Harmony CEO Peter Steenkamp.
Harmony Gold’s net profit soars 36%, 30 MW solar by mid-year
1st March 2023 By: Martin Creamer

The Harmony Gold strategy of allocating growth capital towards high-margin, long-life assets has started to deliver the desired results. Good recovered underground grades along with the strong... 


South African mining remained a trillion rand industry for the second year in 2022.
Higher commodity prices failing to spur fixed mining investment
28th February 2023 By: Martin Creamer

The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment... 


Eskom power lines
State of disaster regulations open way for emergency procurement, environmental exemptions
28th February 2023 By: Terence Creamer

More than two weeks after President Cyril Ramaphosa announced that the electricity crisis had been declared a National State of Disaster, the regulations giving effect to that declaration have been... 


A candle burning in the dark
Eskom denies tipping into Stage 8 loadshedding, but confirms revised framework could go up to Stage 16
24th February 2023 By: Terence Creamer

Embattled State-owned utility Eskom has denied having implemented either Stage 7 or Stage 8 loadshedding during what it acknowledged to have been a “tough week”, during which it reported power cuts... 


Eskom acting CEO Calib Cassim
Eskom appoints Calib Cassim as interim CEO after De Ruyter's early exit
24th February 2023 By: News24Wire

Eskom chief financial officer Calib Cassim has been appointed as interim CEO following the abrupt departure of André de Ruyter, the power utility announced on Friday morning.  De Ruyter was... 


The rock man stature at Megawatt Park
Moves under way to appoint acting Eskom CEO, as De Ruyter’s interview sends shockwaves
23rd February 2023 By: Terence Creamer

The South African government reports that an acting Eskom CEO will be appointed “in due course” following the sudden departure of CEO André de Ruyter. De Ruyter’s exit more than a month before his... 


Anglo American CEO Duncan Wanblad.
Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad
23rd February 2023 By: Martin Creamer

All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy... 


Minerals Council welcomes 125% energy tax break in Budget speech
22nd February 2023 By: Martin Creamer

Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous... 


AngloGold's Obuasi mine, in Ghana, which achieved special mention.
Do everything to fight inflation, says AngloGold, which is growing fastest in US
22nd February 2023 By: Martin Creamer

Everything must be done to fight inflation, says AngloGold Ashanti CEO Alberto Calderon, a former International Monetary Fund luminary, who has reported vigilant cost control in a year dominated by... 


Eskom's logo
Eskom quietly deepens power cuts to unprecedented level
22nd February 2023 By: Bloomberg

South Africa’s struggling State-owned utility Eskom Holdings appears to have reached an unprecedented level of power cuts, indicated late Tuesday by the company spokesman. The company cut 7 045 MW... 


Kumba Iron Ore CEO Mpumi Zikalala.
Green steel to cut Scope 3, solar to cut Scope 2, hydrogen to cut Scope 1 – Kumba Iron Ore
21st February 2023 By: Martin Creamer

South Africa’s Kumba Iron Ore sees itself as a critical player in the decarbonisation journey. Regarding tricky Scope 3 emission reduction, the Anglo American company is partnering with top... 


Dense media separation plant at Kumba Iron Ore's Kolomela operation.
Kumba Iron Ore resilient in tough environment, declares cash dividend
21st February 2023 By: Martin Creamer

South African iron-ore producer Kumba has delivered a resilient financial performance in 2022, despite the year being characterised by a volatile macro environment, lower iron-ore prices,... 


Powerlines
Amid renewed fears of even higher stages of loadshedding, Eskom confirms review of current framework
20th February 2023 By: Terence Creamer

Eskom has confirmed that it is in the process of reviewing the current framework that governs loadshedding amid renewed concern that the State-owned utility may need to implement rotational cuts... 


Anglo American Platinum CEO Natascha Viljoen (left) and FD Craig Miller at the results presentation.
South Africa’s hydrogen corridor will create 14 000 jobs, says Anglo Platinum CEO
20th February 2023 By: Martin Creamer

South Africa’s hydrogen corridor, which has been declared a strategic project, will create 14 000 jobs and consume 63 000 oz of platinum, Anglo American Platinum CEO Natascha Viljoen told Mining... 


Goldplat’s second-quarter profit falls on loadshedding impact
20th February 2023 By: Darren Parker

Aim-listed Goldplat has reported a 41% year-on-year drop in operating profit from its two gold recovery operations in South Africa and Ghana, to about £1.38-million for the quarter ended December... 


Strong performance from Unki, Zimbabwe.
Anglo Platinum makes R131bn socioeconomic contribution, records best-ever safety year
20th February 2023 By: Martin Creamer

The contribution of platinum group metals (PGMs) company Anglo American Platinum to society in 2022 totalled R131-billion, made up mainly of taxes and royalties at R19-billion, salaries and wages... 


Coal stockpiles
Continuous Stage 6 implemented, risk of higher stages as eight units break down
20th February 2023 By: News24Wire

Eskom has implemented continuous Stage 6 until further notice after eight generating units broke down on Sunday.  "Given the high number of breakdowns, there is a possibility of further changes on... 


Power lines
400 MW of immediate interest in Eskom’s short-term power purchase programmes
17th February 2023 By: Terence Creamer

The National Energy Crisis Committee (NECOM) reports that the initial market response to Eskom’s moves to purchase electricity that is immediately available from entities that generate their own... 


South32 COO Noel Pillay.
Opportunity to commercialise greenness of South Africa’s nuclear power, says South32
17th February 2023 By: Martin Creamer

Nuclear power is part of the green taxonomy in Europe, where South Africa places most of its aluminium products and where most of the price pressures on non-green aluminium are going to arise in... 


South32 CEO Graham Kerr.
New US legislation providing strong platform for South32’s manganese push in Arizona
17th February 2023 By: Martin Creamer

The new Inflation Reduction Act (IRA) in the US has improved the business case for producing manganese in that country. Well-established South African manganese mining group South32 has confirmed... 


President Cyril Ramaphosa
Minister of Electricity’s ‘undivided attention’ to be on loadshedding crisis
16th February 2023 By: Terence Creamer

President Cyril Ramaphosa has moved to defend the proposed appointment of a new Minister of Electricity in the Presidency, amid concern that the appointee would have overlapping responsibilities... 


South32 CEO Graham Kerr.
South32 records one of its highest profits to date
16th February 2023 By: Martin Creamer

Diversified mining company South32 recorded one of its highest profits to date with half-year earnings of $1.36-billion, underpinned by production growth of 12%. Increased exposure to the metals... 


Glencore CEO Gary Nagle.
Growing need for critical raw materials highlighted by US, EU policies – Glencore
15th February 2023 By: Martin Creamer

Recent government policies, such as the US's Inflation Reduction Act and the European Union’s proposed Green Deal Industrial Plan, demonstrate the growing need for critical raw materials through to... 


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pqt: 0.295s - ct: 0.368s - 326pq - 2rq
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