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Botswana to name developer of $4bn plant by December

By: Bloomberg     27th September 2017 Botswana Oil will choose by December a company to build and operate a $4-billion coal-to-liquids (CTL) plant, a facility it said may meet as much as 80% of the Southern African country’s fuel demand. The state-owned oil firm received 11 bids by its August deadline and is subjecting them to... 

Pan African fields questions on gold hedging, guidance, wages 

By: Martin Creamer     26th September 2017 Gold mining company Pan African Resources, which is completely unhedged except for the hedging of 27 000 oz of gold that will be produced next year from its upcoming Elikhulu tailings treatment project, views hedging with extreme caution. In response to Nedbank equity analyst Arnold van Graan,... 

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... 

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... 

Surge in fuel cell demand would aid platinum’s future

By: Simone Liedtke     22nd September 2017 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... 

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... 

Electricity exports create investment opportunity for S Africa

By: Nica Schreuder     22nd September 2017 Power generation stakeholders and key industry players are investigating ways of deriving the most benefit from lower coal qualities, says independent mining advisory company Ukwazi senior mining engineer Adriaan Strydom, who tells Mining Weekly that companies are implementing new technologies to... 

ENERGY STAND-OFF

By: Martin Creamer     22nd September 2017 Rio Tinto chief executive Jean-Sebastien Jacques, above, is seen during the Minerals Council of Australia (MCA) conference at Parliament House in Canberra, where he chided the Australian government for allowing the country to become one of the most expensively priced energy countries. He warned... 

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... 

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... 

African copper, nickel mines on Coal India radar as miner diversifies

By: Ajoy K Das     18th September 2017 Having decided to evolve into a diversified resource major from a pure play coal miner, Coal India Limited (CIL) has identified copper and nickel mines in Africa for its maiden overseas foray into noncoal minerals. KPMG has been appointed to prepare the roadmap that will see CIL emerge as a... 

Fleet Renewal Puts Burma Plant Hire At Cutting Edge

     18th September 2017 A restructuring and fleet renewal programme at Cape Town-based Burma Plant Hire has put the company on track for further growth in the construction, mining and other sectors. Significantly, the company is a Level 2 contributor to BBBEE. In addition to its traditional base load work in the... 

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,... 

Next Fortescue CEO to lead push beyond iron-ore cash machine

By: Bloomberg     15th September 2017 Nev Power’s successor as Fortescue Metals Group Ltd.’s top executive will be charged with leading the world’s fourth-largest iron ore exporter’s drive into new businesses. “We are going to look for and consider other opportunities, where other investors can join us,” chairperson and founder... 

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... 

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... 

Rare earth metals electrified by China's illegal mining clean-up

By: Bloomberg     7th September 2017 Rare earths are booming again as a clampdown on wildcat miners in China crimps supply in the world’s biggest producer while the clean energy boom bolsters their use in everything from electric vehicles to wind turbines. Prices for “light” rare earths including neodymium and praseodymium have... 

Despite high upfront costs, technology investments yield long-term savings – BMI

By: Mia Breytenbach     1st September 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Advancing technology signals imminent opening of undersea mineral treasure chest

By: Henry Lazenby     29th August 2017 In a new era of ever-advancing technology and increased legal certainty, ocean floor mining is set to take off in the next decade as several juniors jostle to be first to exploit the wealth hidden on the deep ocean floor. DeepGreen Resources chief development officer Anthony O’Sullivan believes... 

Botswana reaffirms commitment to 100 MW solar project

By: Terence Creamer     29th August 2017 The Botswana government has assured potential renewable-energy investors that it will follow through with the implementation of a proposed 100 MW utility-scale solar project, for which it received 166 responses to a call for expressions of interest (EoI) released earlier this year. The Botswana... 

Khato Holdings – growing Africa on time and within budget 

     29th August 2017 With plans to expand further in Africa, South African black emerging design and construction company Khato Civils expects that, in three to five years, 20% of its workload will be attributable to South Africa, while 80% will be based across the rest of the continent.  

MCA, federal Minister blast Victoria’s renewable energy targets 

By: Esmarie Swanepoel     25th August 2017 The Minerals Council of Australia (MCA) has blasted the Victorian government’s attempts to legislate renewable energy targets of 40% by 2025, warning that it would see energy costs in the state further increase. The state government this week introduced legislation to the state Parliament to... 

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... 

Feasibility update on Fortune’s Nico project delayed by laboratory congestion

By: Henry Lazenby     25th August 2017 Investors will have to wait a little longer to review an update of the 2014 feasibility study on project developer Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based explorer said on Thursday that the feasibility study update by... 

Improve efficiencies before adopting new energy solutions

By: Robyn Wilkinson     25th August 2017 For many mines, there is still significant work to be done in terms of improving operating energy efficiencies, and a sound understanding of the benefits of digitalisation could be the key to unlocking considerable value in this endeavour, says professional services firm EY South Africa advisory... 

Corporate and govt cooperation needed to drive energy stability

By: Robyn Wilkinson     25th August 2017 There needs to be ongoing open dialogue between the corporate sector and government to ensure that energy supplies for mining projects are secured and stabilised timeously to take advantage of valuable economic opportunities in Africa, says Johannesburg-based consultancy Core Consultants founder... 

Mines realise commercial, social gains of off-grid power

By: Robyn Wilkinson     25th August 2017 Mining companies in Africa are beginning to realise the full potential of standalone power solutions as they strive to improve operational efficiencies and meet the social obligations governing their ventures in emerging economies, says engineering consultant WSP Africa power director Dinesh Buldoo. 

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... 

Despite high upfront costs, technology investments reap long-term savings – BMI

By: Mia Breytenbach     24th August 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Bushveld Energy, IDC studies indicate favourable vanadium battery, electrolyte demand

By: Mia Breytenbach     16th August 2017 There is favourable demand for vanadium redox flow batteries (VRFBs), particularly in the utility and offgrid, as well as minigrid markets, with demand to peak in 2025 to 2030. This is according to recently concluded market studies, commissioned by Aim-listed Bushveld Minerals’ energy subsidiary... 

Lithium demand can be promising for Australia

     11th August 2017 Rising demand for renewable energy and electric vehicles is driving significant research and development, and strong growth in battery production around the world. Commodities used to make batteries — notably lithium, cobalt and graphite — will consequently be increasingly sought after in the... 

Mining to continue to support valves industry

By: Nica Schreuder     11th August 2017 Mining will remain the primary long-term source of revenue for the valves industry on the African continent, says valves and actuator technology manufacturer and supplier AR Controls director Julien Van Niekerk. He is confident that, with the cyclical nature of commodities, prices will improve... 

Free African mining projects report offered to advertisers

     10th August 2017 Companies advertising in the September edition of the Projects in Progress Supplement will receive a FREE copy of Creamer Media’s African Mining Projects in Progress Research Report - normally valued at R1 950 (excluding VAT). The African Mining Projects in Progress Report tracks developments... 

Glencore asks Australia to focus on economy before climate deal

By: Bloomberg     2nd August 2017 Australia may need to consider delaying its goals to combat global climate change in order to prioritise energy security and economic prosperity, according to a senior executive at Glencore. The country’s emerging energy crisis, in conjunction with government-imposed clean-energy targets, has... 

DBSA committed to funding infrastructure projects throughout SADC

By: Anine Kilian     1st August 2017 With low levels of electrification hindering economic growth and development in sub-Saharan Africa – where 78% of the population is reliant on biomass as their main energy source – $57-trillion will be required until 2030 to fund the continent’s infrastructure and energy projects, according to... 

Positive signals herald increased US reliance on nuclear as part of renewables mix

By: Henry Lazenby     28th July 2017 Changing global macroeconomic trends are increasingly making more space for nuclear power to support renewable energy roll-outs, boding well for the uranium market, which has been dealing with unsustainably low prices for nearly a decade, according to former US secretary of energy and current... 

Mike Seeger

By: Martin Creamer     21st July 2017 This week we feature Mike Seeger, managing director of MX Mining Capital Advisers, a mining investment advisory service that raises capital for mining projects 

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

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