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Eskom worried about S Africa’s rising coal costs 

By: Kim Cloete Power utility Eskom is concerned about the rising cost of coal in South Africa and has called for greater competition in the industry. “Coal costs have increased sharply. Our coal costs are too high. We need to make sure we focus on creating more competition and bring down coal inflation,” said... 

Feds to delay pipeline project decisions in wake of interim environmental assessment measures

By: Henry Lazenby The Liberal Canadian government on Wednesday said it would delay decisions on Kinder Morgan’s Trans Mountain Expansion Project and TransCanada’s Energy East pipeline project in order to implement five new temporary measures as the first step of a broader strategy to “review and restore... 

Sparton assists in commissioning of 8 MWh Chinese vanadium-flow battery

By: Henry Lazenby One of the largest vanadium-flow batteries in the world has been commissioned in China, reveals TSX-V-listed Sparton Resources, Sparton’s subsidiary VanSpar Mining played a critical role in raising finance for the Zhangbei project’s 8 MWh vanadium-flow battery that was successfully commissioned... 

Mining pressed to overcome barriers to secure greater renewable presence

By: Simon Rees The pace of renewables uptake by mining companies has been weighted down by the economic downturn, excessive capital costs and cultural barriers, an audience at a recent Canadian German Chamber of Industry and Commerce renewables in mining conference heard. These issues had been compounded by... 

Fission closes strategic C$82m investment by China’s CGN Mining

By: Henry Lazenby Canadian explorer Fission Uranium has closed a strategic C$82.22-million financing with Chinese investor CGN Mining, marking the first time a Chinese company has invested directly in a Canadian uranium company. TSX- and Frankfurt-listed Fission had issued 96.7-million shares to CGN at C$0.85 apiece. 

Flexible, leaner service approach vital for African mining projects

By: Mia Breytenbach Companies need to focus on becoming leaner and challenging the status quo when providing mining- and mineral-related services in Africa in the current global economic climate during which there has been a slump in commodity prices, engineering company WorleyParsons cautions. “The provision of... 

Creamer Media publishes Energy Roundup – December 2015 research report 

By: Creamer Media Reporter The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear procurement programme, among... 

Renewable energy opportunities rise as costs slide and solutions grow

By: Simon Rees TORONTO (miningweekly.com) – Despite the tie-up between the renewables market and the mining sector being dynamic and exciting, the high levels of upfront capital expenditure (capex) needed to install and operate renewable components and storage solutions remained a significant impediment to... 

New nuclear lacks a business case for South Africa – Lovins 

By: Terence Creamer New nuclear power lacks a business case for South Africa, the chief scientist at the American-based Rocky Mountain Institute argues in a strident opinion piece published in the Business Day. In the article, Amory Lovins, who is a strong advocate of energy efficiency and renewable energy,... 

American Vanadium to buy vanadium-flow battery business from German developer

By: Henry Lazenby TSX-V-listed American Vanadium has entered into a letter of intent (LOI) with German firm DMG Mori to acquire its wholly owned subsidiary Gildemeister Energy Storage (GES), manufacturer of the CellCube vanadium-flow energy storage system. The LOI provided American Vanadium with the exclusive... 

Diesel price plunge slowed but not stymied renewables uptake

By: Simon Rees The mining sector’s uptake of renewable energy could be slowed by cheaper diesel in the wake of crude oil’s price plunge, head of energy consulting firm THEnergy Thomas Hillig told an audience at a recent Canadian German Chamber of Industry and Commerce conference on renewables in mining, in... 

Chinese firm takes near 20% stake in uranium explorer Fission

By: Henry Lazenby Chinese firm CGN Mining has agreed to buy a 19.99% stake in Canadian explorer Fision Uranium, marking the first time a Chinese company has invested directly in a Canadian uranium company. TSX-listed Fission reported that under terms of the deal, the two companies would proceed towards a... 

Electra Mining backed by leading industry associations

The biggest mining, industrial, machine tools, electrical and power trade show in Southern Africa and ranked as one of the world’s largest mining shows, Electra Mining Africa will be taking place from 12-16 September 2016 at the Expo Centre in Johannesburg, South Africa. The world-class trade... 

Moroccan Minister of Energy, Mining Water and Environment to Provide Keynote at Energy and Mines London Summit

  Energy and Mines is delighted to announce that Dr. Abdelkader Amara, Minister of Energy, Mining, Water and Environment, Morocco is confirmed to present a keynote address at the upcoming Energy and Mines London Summit on January 28th. Morroco, a world mining leader, has set strong targets and... 

Resources sector welcomes climate change agreements

By: Esmarie Swanepoel The Australian resources sector has welcomed the climate change agreement reached in Paris over the weekend. Foreign Affairs Minister Julie Bishop said this week that the Paris agreement provided for five yearly reviews of national targets, underpinned by a rules-based system that will assess... 

CTL, UCG, mining defunct operations could become prized projects in SA

By: Mia Breytenbach Coal-to-liquid (CTL) and underground coal gasification (UCG) projects are set to become more important in the South African coal mining landscape and gain more prominence in the industry, forecasts professional services firm Venmyn Deloitte. Investors and mining companies need to think laterally... 

Pele rebrands subsidiary amid growing international interest in Eco Ridge development

By: Henry Lazenby Rare earths project developer Pele Mountain Resources has rebranded its subsidiary, which holds the flagship Eco Ridge property, in Elliot Lake, Ontario, in the wake of growing international interest in project development at Eco Ridge, the company says. The TSX-V-listed Pele rebranded subsidiary... 

Redflow to miners: Store energy to cut costs

Australian energy storage specialist Redflow has advised the country’s beleaguered mining companies to deploy renewable energy with on-site power storage to cut energy costs at remote mine sites. As iron ore and coal prices have halved while metals such as copper and aluminium fell to near... 

Mining leaders to meet with Renewables Experts in London to Explore Collaboration

With energy accounting for 20-40% of operational costs, mines are looking to renewables to drive affordable and secure power solutions for grid-tied and remote operations. This January 28-29, leading mining executives will meet with renewable energy, finance and legal experts to network and... 

Africa wants to process own minerals – Zuma

By: African News Agency African countries want to process their minerals on the continent, rather than export them for beneficiation overseas, President Jacob Zuma said on Friday at the Forum for China-Africa Cooperation Summit (FOCAC) currently underway in Johannesburg. “We want to prioritise beneficiation and... 

South African mining now smaller than in 1994 – Chamber

By: Martin Creamer The challenged South African mining industry, which suffered an aggregated after-tax loss of R13-billion in the first half of this year, is now smaller than it was in 1994, Chamber of Mines of South Africa CEO Roger Baxter said on Thursday. Speaking at The African Mining Network end-of-year gala... 

S African mining industry future looks scary – Baleni

By: African News Agency The future looks scary in the mining industry, former National Union of Mineworkers (NUM) general secretary Frans Baleni said on Thursday. “The mining industry is in ICU [Intensive Care Unit], commodity (prices) are low. It will takes three to five years to recover. The future looks scary,” he said. 

Electra Mining Africa is best attended trade show

  UFI-audited figures for Electra Mining Africa 2014 confirm that Electra Mining Africa is still the best attended trade show in Southern Africa. As the biggest mining, industrial, machine tools, electrical and power trade show in Southern Africa and ranked as one of the world’s largest mining... 

Alberta puts a price on carbon in sweeping climate change mitigation reforms

By: Henry Lazenby The fossil-energy rich Western Canadian province of Alberta on Sunday announced a far-reaching climate change plan that accelerates the transition from coal to renewable energy, puts a price on carbon pollution for everyone and sets emissions limits for oil sands. "This is the day we step up, at... 

Eskom secures R2.3bn in development finance from French agency 

By: Terence Creamer South African electricity utility Eskom has secured a R2.3-billion (€150-million) long-term loan from French development financier Agence Française de Développement (AFD) to support distribution projects in Eastern Cape, KwaZulu-Natal and Limpopo. CEO Brian Molefe said the 25-year facility had... 

Victoria reviews coal programme, to publish strategy in 2016

By: Esmarie Swanepoel The Minerals Council of Australia (MCA) has welcomed the Victorian government’s independent review of the state’s coal development programme, and its commitment to develop a coal strategy in 2016. Victoria’s Energy and Resources Minister, Lily D’Ambrosio, said this week that the independent... 

Ministerial mandate letters point to greener Canadian economic priorities

By: Henry Lazenby Canadian Prime Minister (PM) Justin Trudeau on Friday took the unprecedented step of publicly releasing all ministerial mandate letters, as part of his plan for open and transparent government for Canadians, giving citizens a first glimpse of the new Liberal administration's policy priorities.... 

Report calls on G20 governments to immediately phase out fossil fuel subsidies

By: Henry Lazenby Despite efforts to boost so-called green economies, the Group of Twenty (G20) international governments had provided $452-billion a year in subsidies to produce fossil fuels in 2013 and 2014, a new report has shown. That was almost four times the amount that the International Energy Agency had... 

Gold Fields to invite solar power tenders for South Deep – report

By: Martin Creamer Gold mining company Gold Fields is to invite tenders for a photovoltaic power installation at its South Deep gold mine, west of Johannesburg. A report in Energy and Mines states that the JSE- and NYSE-listed company, already out on an expression of interest, will on Monday invite proposals for a... 

Gas infrastructure, improved market conditions key to SA fuel cell industry success

By: David Oliveira Stationary fuel cell technology could be the key that unlocks primary platinum demand and reinvigorates South Africa’s ailing platinum mining industry. Trade and Industry Minister Dr Rob Davies concurs with this view, and has stated that the country needs to commit to 1 000 MW of platinum... 

African mining industry increasingly considering renewable energy

By: Mia Breytenbach As the issue of access to power becomes increasingly elevated in importance for the African mining industry, being highlighted as a key business risk or challenge, South African renewable-energy unit of giant US electricity utility NRG, NRG Renew Africa, notes that it has seen a significant... 

Gas infrastructure, improved market conditions key to development of fuel cell industry in South Africa

By: David Oliveira Stationery fuel cell technology could be the key that unlocks primary platinum demand and reinvigorates South Africa’s ailing platinum mining industry, which is promising for the sector, since Trade and Industry Minister Dr Rob Davies stated that the country needed to commit to 1 000 MW of... 

Mali gold project earthworks completed

By: Mia Breytenbach Following the completion of the planned earthworks at its 1.8-million-ounce Yanfolila gold project, in Mali, the key focus for gold miner Hummingbird Resources is to finalise the debt drawdown from West African gold exploration and mining company Taurus Gold to start full-scale construction of... 

Nuclear advocate urges South Africa to consider emerging reactor designs 

By: Terence Creamer Independent nuclear expert Tom Blees, who is president of US-based nongovernmental organisation the Science Council for Global Initiatives, believes that the South African government should leave room in its procurement programme for emerging reactor designs, rather than committing the full 9 600... 

Fossil fuels to remain key component of energy mix, reiterates DoE

By: Natalie Greve As South Africa continues to await the tabling of the country’s Integrated Energy Plan (IEP) by Energy Minister Tina Joemat-Pettersson, Department of Energy (DoE) energy planning chief director Tshilidzi Ramuedzisi has reiterated that fossil fuels will continue to play a prominent role in the... 

Coal power stations to become ‘stranded assets’, UK climate rep warns 

By: Terence Creamer The UK Foreign Secretary’s Special Representative for Climate Change, Sir David King, warned on Monday that countries building new coal-fired power stations could well be building “stranded assets”. Speaking in Johannesburg on Monday, Britain’s former Chief Scientific Adviser, who was born and... 

Canada’s export credit agency sets up Africa-focused Joburg office

By: Terence Creamer Canada’s official trade finance agency, Export Development Canada (EDC), has formally established permanent offices in Johannesburg, from where it aims to facilitate $10-billion-worth of business between sub-Saharan African and Canadian companies over the coming five years. The export credit... 

Moratorium on coal won't combat emissions – Turnbull

By: Esmarie Swanepoel Coal will remain a key part of the global energy mix for several years to come, says the Minerals Council of Australia (MCA), echoing sentiments expressed by newly appointed Prime Minister Malcolm Turnbull. In a press conference on Tuesday, Turnbull said he did not support a moratorium on coal... 

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