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$60m boost to Zambia power grid

By: Martin Creamer     30th May 2016 Mining is poised to receive a spinoff benefit from Monday’s announcement that the power grid in Zambia is to be boosted by a $60-million investment. In this latest transaction, Standard Chartered bank has partnered with the United States Agency for International Development (USAID) to provide a... 

Australia to get low emissions technology roadmap

By: Creamer Media Reporter      20th May 2016 Australia would develop a Low Emissions Technology Roadmap to highlight growth areas for clean technology, map the development of new emissions reductions technologies and identify opportunities to be part of future global energy supply chains, the coalition government announced on Friday.... 

Nersa to propose a coal benchmark cost as part of its multiyear price determination for Eskom  

By: Creamer Media Reporter      16th May 2016 The May 2016 roundup covers activities across South Africa for April 2016 and includes details of the National Energy Regulator of South Africa’s proposal to introduce a coal benchmark cost as part of its final decision on Eskom’s multiyear price determination process; environmental group... 

Saudi group keen to expand South African solar footprint well beyond Bokpoort  

By: Terence Creamer     13th May 2016 Located on a dead flat piece of land about an hour-and-a-half’s drive from Upington and close to the Orange river, the curved solar collector mirrors, gleaming pipes and large molten-salt tanks of the 50 MW Bokpoort concentrated solar power (CSP) plant stand in stark industrial contrast to the... 

Global energy consumption forecast to rise 48% by 2040 – EIA

By: Henry Lazenby     11th May 2016 The world’s hunger for energy is insatiable and is expected to rise by about 48% between 2012 and 2040 – an increase of about 1.4% a year, as global economies grow and populations expand. The US-based Centre for Strategic and International Studies on Wednesday published its updated projections of... 

Enbridge turns to renewable energy with French offshore wind acquisition

By: Henry Lazenby     10th May 2016 Canadian oil and gas infrastructure giant Enbridge has agreed to buy a 50% interest in French offshore wind development company Éolien Maritime France (EMF), for C$282-million. NYSE- and TSX-listed Enbridge would co-own the company with EDF Energies Nouvelles (EDF EN), a subsidiary of Électricité... 

Moody’s expects Chapter 11 process to herald new era for US coal

By: Henry Lazenby     6th May 2016 With nearly all of the once-major US coal companies having filed for Chapter 11 bankruptcy protection as a result of low prices, ratings agency Moody’s Investors Service on Friday stated in its latest ‘North American Coal Outlook’ that the stage is set for the US coal industry to emerge looking... 

Canadian cobalt project development advancing

By: Malusi Mkhize     6th May 2016 More than C$115-million has, so far, been spent on the development, including test mining and a pilot plant processing, at the Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories and Saskatchewan. Once operational, Nico, discovered by North American development stage mining... 

Glencore's Kidd ops and Raglan mine sweep MAC’s sustainable mining awards

By: Creamer Media Reporter      3rd May 2016 Glencore's Kidd operations and Raglan mine were recognised by the Mining Association of Canada (MAC) on Monday, receiving Towards Sustainable Mining (TSM) excellence awards at the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) awards gala, in Vancouver. According to MAC, Glencore's... 

Emphasis on opportunities in harsh business climate

By: Simon Sonnekus     29th April 2016 The West African Mining & Power Exhibition (Wampex) 2016 will showcase the opportunities that still exist in the challenging African market, says events company and organiser dmg-ems Africa VP Christine Davidson. The biennial event, which has been running for 22 years, will return to the Accra... 

Enhancing technical ‘excellence’ with new technology

     22nd April 2016 International consulting practice providing focused advice and solutions to the earth and water resource industries, SRK Consulting, has opened a practice in Ghana’s capital, Accra, after several decades of involvement in West Africa. The company believes that this will consolidate its position... 

Enhancing technical ‘excellence’ with new technology

     22nd April 2016 Taking a bullish stance on commodity markets, global consulting engineers and scientists SRK Consulting are building on their solid performance through the current slump – fostering their discovery- driven culture through embracing technology and “youthful energy”. The company, having celebrated... 

Creamer Media publishes Energy Roundup for April 2016 research report

     11th April 2016 The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South Africa approved on March 1; the... 

High energy demand among factors fuelling renewables uptake in Chile

By: Dylan Slater     8th April 2016 The high demand for energy, coupled with the need for operational savings and challenges posed by the environment and social aspects, is making renewable-energy solutions an increasingly suitable alternative to powering mines in Chile, South America.  

New tool to facilitate postmining land use

By: Mia Breytenbach     8th April 2016 Carbon and climate change advisory company Promethium Carbon, in partnership with gold major Harmony Gold, has developed and launched a toolkit to facilitate the development of sustainable and bankable projects on mining impacted land. Further, this initiative has a strong socio-economic... 

LNG imports a real option for South Africa – IGU president 

By: Terence Creamer     5th April 2016 The development of liquefied natural gas (LNG) export capacity in countries such as the US and Australia is transforming gas into a “global energy market” and creating opportunities for countries such as South Africa to diversify its energy mix and bolster security of supply. This is the view of... 

Arrium lenders shoot down $927m bailout

By: Esmarie Swanepoel     5th April 2016 The federal government has come out in support of struggling steel and iron-ore company Arrium after lenders rejected a recapitalisation plan for the company. Arrium in February secured $927-million in funding from GSO Capital Partners as part of attempts to restructure and level its debt in a... 

Bushveld’s energy subsidiary, UniEnergy collaborate on VRFB opportunities

By: Natasha Odendaal     4th April 2016 Aim-listed Bushveld Minerals’ newly established 84%-owned subsidiary Bushveld Energy and US-based UniEnergy Technologies (UET) have teamed up to develop market opportunities for vanadium-redox flow batteries (VRFB). A new memorandum of understanding (MoU) inked between the duo outlines a... 

Despite industry dip, uranium shows potential

By: Sascha Solomons     1st April 2016 Gold and uranium have some traction in the market, regardless of the general commodities slump currently draining the profits of the mining industry, metallurgical engineering company MDM Engineering business development director George Bennett tells Mining Weekly. He says that, globally, the... 

Master Drilling maintains eye on growth as strategy gains traction 

By: Natasha Odendaal     31st March 2016 JSE-listed Master Drilling continued to pursue its geographic, commodity and business diversification strategy throughout 2015, with gains expected to start being realised in the coming year. The company had set the platform with the acquisition of a Sweden-based company and its Chilean... 

Coal tax spells bonanza for Indian government

By: Ajoy K Das     30th March 2016 India’s rising coal production might be causing an oversupply problem on the demand side but on the flipside it spells a bonanza for the government carbon tax kitty or the now re-named 'Clean Environment Cess'. Over the past two years, the government had thrice revised upward the tax on coal to... 

US gas glut to weigh on thermal coal price recovery until late 2017

By: Henry Lazenby     29th March 2016 Record-low natural gas prices and high inventories are expected to keep a lid on thermal coal prices until at least the second half of 2017, market analysts at energy and metals benchmark price assessor Platts said on Tuesday. According to Platts Coal Trader managing editor Andrew Moore, 2016... 

ABB completes $2.1m asset management project for Anglo American

By: Anine Kilian     29th March 2016 Automation technology group ABB South Africa has completed a $2.1-million order for diversified mining major Anglo American, delivering its latest enterprise and asset management (EAM) system, Ellipse EAM Version 6.3.3, to 11 Anglo American coal mine sites. The system has provided Anglo... 

Coal baseload bidder expects IPP project evaluation to begin early April 

By: Terence Creamer     18th March 2016 One of the two bidders for the first round of South Africa’s Coal Baseload Independent Power Producer Procurement Programme (CBIPPPP), Marubeni, of Japan, expects the evaluation of bids to begin in April, following an initial delay in the Independent Power Producer (IPP) Office receiving the... 

High energy costs, low prices heap pressure on aluminium industry

By: Kim Cloete     17th March 2016 Industry players and government say they are committed to growing the aluminium industry despite harsh times for the sector caused largely by very depressed aluminium prices.   “Aluminium prices have remain depressed, arguably the lowest in our history. Supply and demand is out of kilter and cost... 

IEA’s 2015 carbon audit points to growth-emissions ‘decoupling’

By: Terence Creamer     16th March 2016 A new International Energy Agency (IEA) analysis of global energy-related carbon dioxide (CO2) emissions points to a “decoupling” of greenhouse-gas emissions from economic growth, with emissions having remained flat in 2015, notwithstanding global economic growth during the year of over 3%.... 

Regalpoint signs alliance agreement with asset manager

By: Esmarie Swanepoel     15th March 2016 ASX-listed junior Regalpoint Resources has struck a strategic alliance with specialist investment and asset manager Impact Investment to pursue complementary business opportunities. Regalpoint, which owns a portfolio of uranium exploration tenements in Northern Australia, told shareholders this... 

Company renames asset, invests in renewables

By: Simon Sonnekus     11th March 2016 Sandton-based coal mining company Delta Mining Consolidated (DMC) has renamed its flagship Rietkuil coal asset, near Delmas, in Mpumalanga, the Nsele coal project after the re-evaluation of the project, which will now supply coal to State-owned power utility Eskom instead of exporting B-grade... 

New CEO holds stock in coal

By: Simon Sonnekus     11th March 2016 Coal is the future of power generation worldwide, emphasises Australian exploration company Minergy’s newly appointed CEO Andre Bojé. “Coal remains the cheaper option . . . and I believe that while the commodity is currently struggling with a low price, it will soon pick up,” he states. 

SA still Africa’s chief coal producer for now

     11th March 2016 South Africa will continue to be Africa’s dominant coal producer for the foreseeable future, says international trade credit insurer Coface industry analyst Andries Louw. However, he notes that with current international developments and the global economy changing, it is difficult to forecast... 

Santos shareholders push for distance from Narrabri

By: Esmarie Swanepoel     8th March 2016 Australian oil and gas major Santos has received a resolution from shareholders urging that the company withdraw from its Narrabri gas project, in New South Wales. The shareholders noted in their documentation to Santos that the Narrabri project was facing sustained community opposition and a... 

Delegates weigh up value of event

By: Kimberley Smuts     4th March 2016 In the current climate, participants at this year’s Investing in African Mining Indaba carefully balanced the investment they made in participating in the event with the value they derived from attending, say independent, international consulting engineers and scientists SRK Consulting. SRK South... 

Solutions for energy efficient, productive mining showcased

By: Kimberley Smuts     4th March 2016 To further expand its mining and industrial solutions, global technologies and services supplier Bosch is now increasingly targeting markets in Africa and Oceania. “With positive economic development underpinned by a wealth of raw materials and an increasingly well-educated workforce and growing... 

Defunct Queensland mine to be turned into solar/hydro power hub

By: Esmarie Swanepoel     3rd March 2016 Plans to convert the defunct Kidston gold mine, in North Queensland, into a power generating hub have been boosted with state Development and Natural Resources and Mines Minister Anthony Lynham assigning it 'prescribed project' status. ASX-listed Genex Power would spend about A$580-million to... 

Australia’s focus is on boosting competitiveness in oil price slump – Minister

By: Esmarie Swanepoel     29th February 2016 Resources and Energy Minister Josh Frydenberg on Monday stated that a focus on boosting Australia’s competitiveness would ensure that the country’s oil and gas industry survived the current price slump. In an opinion piece published in the Australian Financial Review, the Minister noted that oil... 

It could be a ‘year, two, or more’ before SA has nuclear certainty – Gordhan 

By: Terence Creamer     25th February 2016 Finance Minister Pravin Gordhan indicated on Thursday that it could be a “year, or two, or more” before South Africa had certainty on how it would be proceeding with its contentious plan to introduce new nuclear capacity to the electricity mix. In an interview with ENCA the day after Budget 2016,... 

N America’s infant vanadium-redox flow battery market looking for a champion

By: Henry Lazenby     24th February 2016 While several industry players are jostling to take advantage of the budding North American vanadium-redox flow battery (VRB) market, barriers to entry such as raw material cost and equipment availability are still issues, making input costs prohibitive. “The industry is still looking for a... 

Arrium announces recapitalisation plan

By: Mariaan Webb     22nd February 2016 Struggling steel and iron-ore company Arrium Limited has entered into an agreement with GSO Capital Partners for up to $927-million (A$1.29-billion) in funding as part of a recapitalisation plan announced on Monday. The recapitalisation plan was a result of the company's strategic review, which... 

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