R/€ = 15.88 Change: -0.07
R/$ = 13.29 Change: -0.05
Au 1295.72 $/oz Change: 2.43
Pt 942.00 $/oz Change: 4.50


CFBC the preferred coal combustion technology

By: Nica Schreuder     Updated 4 hours ago 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... 

Fuel cell opportunity to save platinum mining

By: Simone Liedtke     Updated 4 hours ago With platinum being one of the most effective and durable catalysts in proton exchange membrane fuel cell technology (PEMFC), fuel cell and electrolyser technology developer Isondo Precious Metals (IPM) CEO Vinay Somera believes that this presents an opportunity for the South African platinum... 

Hazardous area control system for coal mining

By: Nica Schreuder     Updated 4 hours ago Owing to the possible presence of hazardous methane gas during coal mining, it is common practice to monitor methane levels at operational mining sections. As such, mining monitoring systems company Monitech’s Hazardous Area Control System was introduced to coal mining fifteen years ago and it... 

Minerals processing business bullish about future, despite industry challenges

By: Nica Schreuder     Updated 4 hours ago 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     Updated 4 hours ago 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... 

Surge in fuel cell demand would aid platinum’s future

By: Simone Liedtke     Updated 4 hours ago As a means of promoting beneficiation, South African Chamber of Mines (CoM) administration head Jeannette Hofsajer says the platinum-based fuel cell installed at its offices is just the start in a potentially vast surge in demand for fuel cell units, which would positively impact on the platinum... 

Tlou submits plans for Botswana power plant

By: Esmarie Swanepoel     21st September 2017 ASX- and Aim-listed Tlou Energy has submitted a proposal to the Botswana Ministry of Mineral Resources, Green Technology and Energy Security to develop up to 100 MW of coalbed methane- (CBM-) fuelled pilot power plants in the African country. The government of Botswana earlier this year requested... 

Market Report: How carbon is shaping energy for mines

By: Creamer Media Reporter      20th September 2017 By Catherine Skrzypinski, Energy and Mines Alongside power security and cutting energy costs, reducing the emissions intensity of mining operations has been elevated to a top strategic concern for the global mining sector. The combination of carbon pricing in key mining markets and increased... 

Glencore strikes multi-year purchase deal with Angola LNG

By: Reuters     20th September 2017 Trading house Glencore is to buy liquefied natural gas (LNG) supplies from Angola LNG over a multi-year period, adding to similar recent deals between the producer and traders including Vitol. Angola LNG on Wednesday said the deal was another step toward building its sales book with the most... 

Liquid Fuels 2017: A review of South Africa's liquid fuels sector (PDF Report)

     20th September 2017 Creamer Media’s Liquid Fuels 2017 report examines these issues in the context of South Africa’s business environment, including South Africa’s refining capacity; the proposed introduction of Clean Fuels 2 specifications; the development of the country’s biofuels industry; fuel pricing; the... 

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... 

Freeport seen facing more battles over world's top gold mine

By: Bloomberg     18th September 2017 The landmark deal that forced Freeport-McMoRan to cede controlling interest in the world’s biggest gold mine and second-largest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged fight over the price of the asset and how it will be run, according... 

Bullish outlook for Canadian crude, natural gas provides investment opportunities

By: Henry Lazenby     15th September 2017 Two reports issued this week point to a significantly increased global appetite for fossil fuels like oil and gas, presenting an investment opportunity for energy speculators. While renewables are forecast to be the fastest-growing energy source, fossil fuels will continue to be important and... 

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,... 

Empire puts subsidiary into administration

By: Esmarie Swanepoel     15th September 2017 ASX-listed Empire Oil & Gas has placed its subsidiary Empire Oil Company into voluntary administration, after ASX-listed Mineral Resources issued a notice of default under a A$15-million loan facility agreement. Mineral Resources this week said that it took the steps in order to protect its... 

Fight for world's biggest gold mine isn't over – former CEO says

By: Bloomberg     15th September 2017 The landmark deal that forced Freeport-McMoRan to cede control of the world’s biggest gold mine and second-biggest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged battle over the price of the asset and how it will be run, according to the US... 

Call to mining to update refrigerant systems

     15th September 2017 While the majority of the mining industry use hydrofluorocarbons (HFCs) in its refrigerant systems, these ozone-depleting substances are set to be phased-out in accordance with the Montreal Protocol and Kigali Agreement. 

Hydrogen detection solutions to increase safety at Zambian mines

By: Simone Liedtke     15th September 2017 Tshwane-based industrial solutions provider RTS Africa Engineering (RTS) believes that Zambia offers a “strong and vibrant mining economy” and is currently in the process of entering the Zambian mining market to provide increased safety at mines through its hydrogen detection solutions. 

New range of drives available to SA market

     15th September 2017 Electrical solutions provider Magnet Group introduced a new range of variable-speed drives (VSDs) last month, the Altivar Easy 610, which improve equipment performance and reduce operating costs by optimising energy consumption, the company explains. 

Nitrogen generator offers Zambian mines extended tyre life

By: Simone Liedtke     15th September 2017 There are several opencast mines on the Copperbelt in Zambia using large haul trucks to transport ore from the pit for crushing and processing, and extending the life of tyres plays a significant role in cutting costs and improving production, says on-site nitrogen gas generator supplier NitraLife. 

Specialist helps Zambian mines save on maintenance costs

     15th September 2017 More and more mines in Zambia are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition-monitoring specialist WearCheck. 

Submersible pump that can run dry a safer option

By: Victor Moolman     15th September 2017 The Hippo submersible pumps range from Centurion-based slurry pumping solutions provider Hazleton Pumps can operate without water for an unlimited amount of time, explains Hazleton Pumps MD Thys Wehmeyer. 

Coal shortage triggers higher LNG offtake by Indian power companies

By: Ajoy K Das     14th September 2017 Indian power generation companies are rushing to book liquefied natural gas (LNG) to maintain generation, as coal shortages threaten capacity utilisation of thermal power plants. Over the past two to three days, power companies have made new bookings of an estimated 10-million standard cubic... 

First sod turned on A$800m Northern gas pipeline

By: Esmarie Swanepoel     14th September 2017 Queensland State Development and Natural Resources and Mines Minister Dr Anthony Lynham has turned the first sod at the A$800-million Northern gas pipeline. The 622-km pipeline, being developed by Jemena, will link Tennant Creek in the Northern Territory to Mount Isa, in Queensland, with first... 

Aurora puts in new bid for Molopo following US oil and gas deal

By: Esmarie Swanepoel     13th September 2017 ASX-listed asset manager Aurora Funds Management has revised its takeover bid for fellow listed Molopo Energy. Aurora in July announced plans to make an 18c a share takeover offer, under which Molopo shareholders will be able to elect to receive the bid consideration in either cash, capped at... 

PetroSA upbeat about gas exploration

By: Kim Cloete     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... 

Congo govt's H1 mining revenues rise 9%, oil revenues up 140%

By: Reuters     12th September 2017 Democratic Republic of Congo collected $294.3-million in revenues from the mining sector in the first half of 2017, up 9% over the same period last year, the finance ministry said. The finance ministry also said in a quarterly report, seen by Reuters on Tuesday, that revenues collected from the... 

Geophysicists urged to innovate amid tough times for exploration

By: Kim Cloete     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... 

Switzerland widens investigation into Gunvor Congo Republic deal

By: Reuters     12th September 2017 Switzerland's attorney general has widened a bribery investigation into a former employee of commodities trader Gunvor Group in the Republic of Congo to include the company itself, Gunvor said in a statement on Monday. Gunvor said the investigation was expanded to "examine possible organizational... 

Molopo Energy shareholder questions US oil and gas deal

By: Esmarie Swanepoel     11th September 2017 ASX-listed Keybridge Capital has launched legal action in the Supreme Court of Western Australia to gain access to information regarding Molopo Energy’s proposed acquisition of a US oil and gas project. Keybridge, which holds an 18.478% interest in Molopo, said on Monday that the company had... 

Origin in A$190m Otway deal

By: Esmarie Swanepoel     11th September 2017 Energy major Origin Energy will pay A$190-million to increase its interest in the Otway gas project joint venture (JV), in Victoria. The ASX-listed company on Monday announced that it would acquire JV partner Benaris’ 27.77% interest in the project, as well as its interest in exploration permits... 

US braces for Hurricane Irma as effects of Harvey still progress toward consumers

By: Henry Lazenby     9th September 2017 While the effects of Hurricane Harvey are still progressing downstream in the US oil and gas supply chain, progressing towards consumers, Hurricane Irma is threatening the US with another potential blow, with parts of the country already seeing a disruption of energy and chemical product... 

Santos to supply ethane gas to Qenos

By: Esmarie Swanepoel     8th September 2017 Oil and gas major Santos and fellow-listed Origin Energy have signed a new agreement with polyethylene producer Qenos to supply ethane gas. Under the terms of the agreement, the two companies will supply an estimated 27 PJ to Qenos for the remainder of 2017 until the end of 2019. 

TransCanada seeks 30-day suspension of Energy East, Eastern Mainline project applications

By: Henry Lazenby     8th September 2017 Oil and gas infrastructure company TransCanada said the viability of its Energy East pipeline and Eastern Mainline projects is in doubt after the Canadian National Energy Board (NEB) last month released a broader scope under which the environmental assessments (EAs) for the two projects will be... 

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

Santos supplies more gas to east coast

By: Esmarie Swanepoel     7th September 2017 Australian oil and gas major Santos on Thursday announced that it would supply a further 30 petajoules (PJ) of gas to the east coast domestic market between 2018 and 2019. The ASX-listed company reported that the gas, which would be sourced from the Gladstone liquefied natural gas (GLNG)... 

SOFC and Thermal Spray, General.

     6th September 2017 R. Hinckley Solid Oxide Fuel Cells (SOFC), and hybrid electrical generation systems based upon this technology offer the potential for highly efficient utilization of abundant natural gas resources.  Projected efficiency for SOFC-based systems for electrical power generation could reach as high... 

Australian gas exports continue to rise

By: Esmarie Swanepoel     6th September 2017 Australia’s natural gas output reached a record 3 770 PJ in 2017, up 27% on the 2016 financial year, energy market analyst EnergyQuest reported on Wednesday. EnergyQuest CEO Dr Graeme Bethune noted that gas production from the east coast was catching up with demand, with liquefied natural gas... 

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