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Exxaro, NUM wage agreement halts strike

By: Martin Creamer     22nd September 2017 Coal mining company Exxaro Coal and the National Union of Mineworkers (NUM) have reached a three-year wage agreement, which brings the current wage strike at its Grootegeluk and Leeuwpan mines to a conclusion.  “We are pleased that the parties were able to resolve the dispute speedily,” Exxaro... 

CFBC the preferred coal combustion technology

By: Nica Schreuder     22nd September 2017 Among the coal combustion technologies developed to achieve lower emissions, circulating fluidised-bed combustion (CFBC) technology is the preferred clean coal technology option, says Fossil Fuel Foundation co-founder and executive committee member Professor Rosemary Falcon. Despite South... 

Companies find use for abandoned underground coal mines

By: Nica Schreuder     22nd September 2017 Forsaken underground coal mines are increasingly being reopened using opencast mining methods, according to independent mining advisory group Ukwazi senior mining engineer Adriaan Strydom, who tells Mining Weekly that this practice is effectively enabled through increased mechanisation. While an... 

Minerals processing business bullish about future, despite industry challenges

By: Nica Schreuder     22nd September 2017 Based on substantial growth over the past 12 years, mining and industrial services provider Fraser Alexander’s minerals processing business intends to double its revenue within the next three to five years, says Fraser Alexander minerals processing GM Jaco Scholtz. “We are particularly proud of... 

Platinum-group metals producer aiming to increase fuel cell demand

By: Simone Liedtke     22nd September 2017 To increase demand in the fuel cell (FC) industry, platinum group metals producer Impala Platinum (Implats) aims to take its Impala Platinum Refinery off the State-owned power utility Eskom grid and power the refinery using FC technology, with commercial operation of its first phase aimed to... 

Eskom not generating enough cash to cover interest on debt – report

By: Terence Creamer     21st September 2017 A new report analysing Eskom’s financial position warns that the State-owned utility is simply not generating enough cash through operations and electricity sales to cover the interest on its borrowings, which will peak at around R500-billion in the coming three years. However, it also argues... 

Brown receives outstanding information on Eskom’s relationship with Gupta-linked Trillian

By: African News Agency      20th September 2017 Public Enterprises Minister Lynne Brown has received answers from Eskom to outstanding questions about its relationship with Trillian, a Gupta-linked company, her office said on Wednesday. “Minister Brown last night received Eskom’s responses to her queries. She noted  progress and Eskom will... 

‘Rebasing’ for lower Eskom sales to trigger 9.4% hike even before any revenue adjustment 

By: Terence Creamer     20th September 2017 State-owned electricity utility Eskom has sounded that warning that, even if its allowable revenue is not increased at all for the 2018/19 year, tariffs will still need to rise by 9.4% simply to accommodate a “rebasing” electricity sales volumes when compared with those approved in the third... 

Electric buses expected to spur platinum demand – Implats 

By: Martin Creamer     19th September 2017 Electric buses powered by platinum-catalysed fuel cells are attracting the attention of South Africans, who will visit Germany next month to update themselves on passenger carriers that emit zero pollution into the atmosphere. “There’s a lot of interest in fuel cell buses simply because the... 

Nelson Mandela Bay chamber says 19.9% power hike would be ‘crippling’

By: Terence Creamer     15th September 2017 The Nelson Mandela Bay Business Chamber has expressed extreme disappointment with Eskom’s application for a 19.9% tariff increase from April 1, 2018, warning that such a hike would be “crippling” to business and the economy. Should the increase be approved it could translate to a 27.5% municipal... 

Orion on track to develop Prieska zinc/copper project

By: Anine Kilian     15th September 2017 ASX-listed Orion Minerals, which will list on the Johannesburg Stock Exchange on Monday, is focused on fast -tracking the development of its Northern Cape-based Prieska zinc/copper project. The company plans to leverage the secondary listing to open up more efficient local funding options through... 

New study points to 90% renewables mix being least cost by 2050 

By: Terence Creamer     15th September 2017 New analysis conducted using updated cost assumptions for solar photovoltaic (PV), onshore wind and batteries shows that the share of renewable energy in an electricity mix that would also be the least cost for South Africa could grow to above 90% by 2050. Such a portfolio, the study indicates,... 

McKinsey, KPMG targeted as South Africa graft scandal widens

By: Bloomberg     15th September 2017 After helping topple one of Britain’s best known public-relations companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co. and auditing firm KPMG for doing work for businesses tied to the Gupta family and President Jacob Zuma’s son. The Guptas, originally... 

Stakeholders to push back at upcoming hearings into Eskom’s 2018 hike 

By: Terence Creamer     14th September 2017 The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to... 

Eskom inquiry reference book published

By: Creamer Media Reporter      13th September 2017 Professor Anton Eberhard and Catrina Godinho have published ‘The Eskom Inquiry Reference Book' as an aid to the upcoming Parliamentary inquiry into so-called State capture at the power utility. The inquiry by the Portfolio Committee on Public Enterprises is due to kick off later this month. It... 

Eskom at a sustainability ‘tipping point’, business and labour warn

By: Terence Creamer     8th September 2017 Business and labour raised serious questions on Friday about the sustainability of State-owned electricity producer Eskom in light if its current governance failings, which were now undermining its financial health to the point where government could be force to assist the utility in meeting its... 

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

By: Mia Breytenbach     8th September 2017 Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is... 

Company’s solutions address minerals processing inefficiencies

By: Marleny Arnoldi     8th September 2017 To address water contamination in the minerals processing sector, processing specialist Multotec is installing its CleanTeQ ion-exchange system, which is designed for the removal of soluble elements from process water, at operations in Oman and soon in the Democratic Republic of Congo.  

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

By: Mia Breytenbach     8th September 2017 Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is... 

Thermaspray showcases thermal spray coating technologies and welding capabilities in Limpopo

     7th September 2017 Thermaspray showcased its ground-breaking thermal spray coating technologies and Plasma Transferred Arc (PTA) welding process capabilities at the Mining & Technical Exhibitions (MTE) which took place in Mogalakwena and Lephalale, Limpopo, on 1st and 3rd August 2017 respectively. Thermaspray’s... 

'We're looking at Outa's State capture documents' – Hawks

By: News24Wire      4th September 2017 The Hawks have confirmed that they have received documents from the Organisation Undoing Tax Abuse (Outa) relating to the charges they laid against numerous people allegedly involved in state capture. "We received volumes and volumes of documents from Outa about state capture…I don’t know what... 

thyssenkrupp Industrial Solutions South Africa

     1st September 2017 Diversified industrial group thyssenkrupp has extensive experience in materials handling and minerals processing circuits, and the service support of its own manufactured equipment.  A fully owned subsidiary of thyssenkrupp, headquartered in Essen, Germany, thyssenkrupp Industrial Solutions South... 

Uncertain power price path heightening grid-defection risk, EIUG warns

By: Terence Creamer     31st August 2017 Energy Intensive Users Group of Southern Africa’s (EIUG’s) Piet Van Staden has expressed serious anxiety about the near-term sustainability of South Africa’s electricity industry in light of the prospect of yet more tariffs hikes, which would further damage industrial demand and, in turn, trigger... 

Unnurtured mining industry will disappear – Sibanye-Stillwater 

By: Martin Creamer     30th August 2017 An unnurtured South African mining industry will disappear, Sibanye-Stillwater CEO Neal Froneman warned on Wednesday, when he slated the regulator for allowing illegal mining activity to spiral out of control and for causing equity risk and the cost of capital to rise, placing mining companies at... 

Kusile Unit 1 brought into full commercial operation well ahead of schedule

By: Samantha Herbst     30th August 2017 Unit 1 of Eskom’s Kusile power station has been brought into full commercial operation, adding 800 MW of much-needed power to help stabilise the national power grid. This means that construction and optimisation of the unit is complete and the operator, Eskom Generation, has taken over the plant... 

Outa lays charges against Singh

By: Natasha Odendaal     29th August 2017 The Organisation Undoing Tax Abuse (Outa) has taken legal aim at State-owned power utility Eskom’s suspended CFO Anoj Singh following revelations that the power utility had allegedly lied about some of the payments made to Gupta-linked firm Trillian. Outa COO Ben Theron on Tuesday said charges of... 

Resgen seeks alternative funding not linked to coal contract

By: Natasha Odendaal     25th August 2017 ASX- and JSE-listed Resource Generation (Resgen) is working on securing an alternative funding source – not linked to committed domestic coal supply – for the development of its Boikarabelo coal mine. In a shareholder update published Friday, Resgen explained that considerable progress had been... 

Concern raised over lack of support for coal roadmap 

By: David Oliveira     25th August 2017 Since the release in July 2013 of the South African Coal Roadmap (SACRM), there has been no impetus by government or coal miners to implement any of its recommendations. The SACRM was developed with a view to identifying possible scenarios that may impact on the coal industry, particularly in... 

Concern raised over lack of support for coal roadmap

By: David Oliveira     25th August 2017 After being released in July 2013, the South African Coal Roadmap (SACRM) has suffered the fate of which it warned industry, effectively ‘falling off a cliff’, with there having been no impetus by government or coal miners to implement any of the study’s recommendations. The SACRM was developed... 

South32 sees upswing in South African, Mozambique aluminium production

By: Mia Breytenbach     24th August 2017 Diversified miner South32 reported solid performances across its aluminium supply chain for the financial year ended June 30, with record production from Mozal Aluminium, in Mozambique, and near-record production at the Hillside aluminium smelter, in South Africa. “Our aluminium smelters and... 

DMR welcomes sale of Tegeta to Swiss-based company

By: African News Agency      23rd August 2017 The Department of Mineral Resources (DMR) has welcomed the sale of Tegeta Exploration and Resources by Gupta-owned Oakbay Investments to a foreign-owned company for close to R3-billion. This comes after Oakbay Investments announced on Wednesday that it had agreed to sell its interest in Tegeta to... 

Guptas sell Tegeta to Swiss owner

By: News24Wire      23rd August 2017 Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97-billion, it announced on Wednesday. This is the second sale announced by the Guptas this week. They announced on Monday that Oakbay would sell its media assets, broadcaster ANN7 and... 

ConCourt ruling opens way for Nersa to process further clawback claims – Eskom

By: Terence Creamer     22nd August 2017 The Constitutional Court has refused an application by several Eastern Cape businesses for leave to appeal a Supreme Court of Appeal (SCA) ruling relating to implementation of the Regulatory Clearing Account (RCA) mechanism in South Africa’s multiyear price determination (MYPD) electricity... 

Exxaro H1 headline earnings rise on higher coal sales

By: Anine Kilian     17th August 2017 Diversified miner Exxaro Resources has posted headline earnings of R2.79-billion for the six months ended June 30, compared with headline earnings of R1.10-billion in the first half of 2016. Revenue rose 10% year-on-year to R10.74-billion, while group net operating profit increased by 35% to... 

World treaty to ban and reduce mercury poison comes into force 

By: News24Wire      17th August 2017 It is rated as one of the top ten chemical poisons endangering human health and the natural world. Tiny drops of this poison can be found in human teeth, in fresh fish, in light bulbs, paints, batteries and even cosmetics. And it is in the air, water and soil everywhere, in varying amounts. 

Parliamentary State capture probe hits first hurdle

By: African News Agency      16th August 2017 The investigation into State capture by Parliament’s portfolio committee on public enterprises on Wednesday hit its first hurdle as it was confirmed to members that the legislature would not pay for an independent evidence leader. Acting chairperson Zukiswa Rantho told MPs she had asked the chair... 

Electricity intensive firms to approach Nersa for new job-saving tariff deal

By: Terence Creamer     16th August 2017 The Energy Intensive Users Group (EIUG) will approach the National Energy Regulator of South Africa (Nersa) before the end of September with a proposal for structural changes to Eskom’s tariff for large power users by removing existing cross-subsidies to assist businesses whose future... 

Lonmin unveils design proposal for Marikana memorial park; showcases new apartments

By: Anine Kilian     15th August 2017 Platinum producer Lonmin on Tuesday unveiled its proposed design for a Marikana memorial park and announced the occupation of its infill apartments a day before the fifth anniversary of the Marikana massacre.  Thirty-four miners died and at least 70 were injured on August 16, 2012, when police... 

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