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Hybrid solutions to power Africa’s mining future

By: Paige Müller     23rd February 2018 African mining companies and investors have expressed increasing interest in hybrid energy solutions that show the potential to address off-peak demand challenges, says engineering consultant WSP Africa power director Dinesh Buldoo, who expects this trend to continue. “We have seen several hybrid... 

Biodiesel not an affordable solution for SA mines

By: Paige Müller     23rd February 2018 Biodiesel currently does not present as a more affordable energy alternative for the local mining industry, says Sandton-based energy product supplier InnoFES MD Alexander Grobler. He says that, while many renewable-energy product producers and suppliers boast of the benefits of biodiesel... 

Green bonds appealing funding opportunity for mines

By: Paige Müller     23rd February 2018 The adoption of increasingly stringent renewable-energy and climate change targets globally will dramatically boost the issuance of green bonds, forecasts Fitch Group-affiliated BMI Research power and renewables head Georgina Hayden. In the wake of the landmark United Nations 2015 Paris Agreement... 

Ramaphosa should shift to green energy – Greenpeace

By: News24Wire      20th February 2018 Environmental organisation Greenpeace is demanding newly-elected President Cyril Ramaphosa takes urgent action on energy policy in South Africa. Ramaphosa delivered his maiden State of the Nation Address (SoNA) on Friday, when he highlighted economic growth and combating corruption. 

Contract duration key to hybrid-power-for-mines investment case

By: Terence Creamer     15th February 2018 Alignment between a mine’s life and the tenor of a power purchase agreement (PPA) has been held up as the main consideration for those mining operations considering investments into hybrid power solutions, which combine renewable energy and battery storage with gas or diesel generators. Speaking... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

New CEO must position Eskom for ‘evolving energy markets and technologies’

By: Terence Creamer     12th February 2018 The newspaper advertisement calling for applications for the positions of CEO and CFO at State-owned power utility Eskom includes definite signs of the reforms that the newly appointed board is aiming to implement at the beleaguered organisation. The advertisement calls on appropriately qualified... 

Alba secures further exploration licence in Greenland

By: Anine Kilian     9th February 2018 Aim-listed Alba Mineral Resources has been granted a mineral exploration licence in the Inglefield Land region of north-west Greenland. Inglefield Land is close to Alba's existing Inglefield mineral exploration licence and hosts a range of high value commodities, including gold. The new licence... 

Abandoned mines punted as potential pumped-storage scheme sites

By: Mia Breytenbach     9th February 2018 Several abandoned mine sites in South Africa and Australia could be sustainably used, particularly in terms of serving as pumped hydro-energy storage sites, says renewable-energy generation and storage provider Genex Power executive director Simon Kidston. Although underground and opencast mine... 

Energy from old mines, partnering communities, exploration awakening

By: Martin Creamer     9th February 2018 Abandoned mines sites can be used as pumped-storage powr schemes; a partnership approach can improve vital relations between mines and communities; and te exploration awakening is pleasing. 

Richards Bay zone woos investors at Cape Town's Mining Indaba

By: African News Agency      8th February 2018 The Richards Bay Industrial Development Zone (RBIDZ) went on a charm offensive at the Mining Indaba held in Cape Town to woo local and international investors seeking export and import opportunities in KwaZulu-Natal province. RBIDZ acting manager for business development and support, Mzamo... 

Suricate Minerals seeks to unlock latent mineral wealth in Mauritania

7th February 2018 Privately-owned Mauritanian mining and exploration company Suricate Minerals is engaging with international financial and technical service partners to develop its quartz, barite, lithium, copper and gold prospects located throughout the country. Suricate Executive Director Ahmed Hertani, who has... 

Chinese State-owned energy companies to form coal, power trading JV

By: Reuters     6th February 2018 Six Chinese State-owned energy companies will form a joint venture to trade coal and electricity and invest in an electric transmission system to better connect Shanxi and Jiangsu provinces. The announcement follows the Chinese government's plans to streamline its state-owned coal industry by... 

Clean TeQ teams up with Chinalco, Chinese varsity on scandium alloy development

By: Creamer Media Reporter      31st January 2018 ASX- and TSX-listed Clean TeQ Holdings, which Robert Friedland and Jiang Zhaobai co-chair, has entered into an agreement with Chinaclo Materials Application Research Institute (CMARI) and Chongqing University, China, for the development and adoption of scandium alloys in the global transport... 

Unions fear Norway export drive will end era of cheapest power

By: Bloomberg     30th January 2018 Norway’s vast resources of Europe’s cheapest and greenest electricity has helped its energy-intensive industry gain an edge and produce everything from aluminium to chemicals and tankers. But now the nation’s powerful unions are objecting to plans by grid managers and utilities to get in on the... 

Consultancy to partner with black entrants as they acquire Tier 1 coal assets

By: Martin Creamer     26th January 2018 Project delivery and engineering consultancy WorleyParsons RSA is once again answering the call for transformation and broader economic participation of previously disadvantaged South Africans. The company’s latest initiative is black entrepreneur development in coal, which will be its key focus... 

Consultancy to partner with black entrants as they acquire Tier 1 coal assets 

By: Martin Creamer     26th January 2018 Project delivery and engineering consultancy WorleyParsons RSA is once again answering the call for transformation and broader economic participation of previously disadvantaged South Africans. The company’s latest initiative is black entrepreneur development in coal, which will be its key focus... 

African mining off course to achieve bullish growth forecasts

By: Nica Schreuder     26th January 2018 The short-term mining cycle looks positive for Africa, but the continent is “way off achieving bullish growth forecasts”, largely owing to regulatory and infrastructural constraints, advisory firm Deloitte energy and resources leader Andrew Lane tells Mining Weekly.  

India to allot Coal India 11 new mines to boost production by two-fifths

By: Reuters     19th January 2018 India will allow Coal India to build 11 new coal mines, the government said, a move that could increase annual production of the world's largest coal miner by two-fifths. The mines, in the eastern states of Odisha, Jharkhand and Bihar, are expected to operate at full capacity by 2022, Coal... 

Argentina energy producer Genneia weighs IPO

By: Reuters     18th January 2018 Argentine thermal and renewable energy producer Genneia will consider an initial public offering on the local or international stock market, the company said in a letter to the Buenos Aires stock exchange on Wednesday. The proposal will be discussed at a shareholders meeting on February 7, said... 

A new era of batteries spells trouble for gas in America

By: Bloomberg     12th January 2018 California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S. that run on natural gas. The California Public Utilities Commission approved an... 

Liberty House makes binding offer for Rio Tinto's French aluminium smelter

By: Reuters     10th January 2018 Liberty House, the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance, said on Wednesday it had made a binding offer for miner Rio Tinto's, aluminium smelter in Dunkerque, France, the largest in Europe. The group did not disclose an offer price but said the move was part of a... 

Glencore sells Australian coal mine to Gupta's GFG Alliance

By: Reuters     2nd January 2018 Glencore has agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance for an undisclosed sum, the two companies said separately on Tuesday. The acquisition follows Gupta's purchase last year of the financially troubled... 

TNG commissions EMC to assess alternative power for mine

By: Megan van Wyngaardt     21st December 2017 Australian strategic metals company TNG has commissioned Energy Made Clean (EMC), a wholly-owned subsidiary of Carnegie Clean Energy, to assess alternative power options for its flagship Mount Peak vanadium-titanium-iron project, in the Northern Territory. EMC will conduct an alternative power... 

SP Angel outlines key 2018 trends as battery raw materials heat up

By: Creamer Media Reporter      21st December 2017 London-based brokerage SP Angel has outlined the key trends that characterised the basket of energy metals during 2017 and the the outlook for 2018 in its new ‘Battery Raw Material Review, Outlook – SP Angel Commodity Research Book’ published on Wednesday. The report pointed out that the... 

Miners to focus on M&A activity, sustainability in year ahead

By: Megan van Wyngaardt     18th December 2017 Nearly two-thirds, or 63%, of mining and metals respondents to the latest EY Capital Confidence Barometer (CCB) say they intend to pursue deals in the next 12 months, demonstrating a higher inclination to transact than the average across all industries (56%). The findings support the EY third... 

UK billionaire Gupta to form listed company with Atlantis Resources

By: Reuters     14th December 2017 Sanjeev Gupta's GFG Alliance has struck a deal with tidal power firm Atlantis Resources that marks the British billionaire's first step into the stock market. GFG Alliance, the $10-billion turnover consortium that runs metals group Liberty House and energy and commodities group SIMEC, said in a... 

Duterte coal tax will make costly Philippines power even pricier

By: Bloomberg     14th December 2017 Electricity prices in the Philippines, already among the highest in Southeast Asia, will probably rise after President Rodrigo Duterte signs legislation next week boosting taxes on coal, the nation’s main fuel for power plants. Semirara Mining and Power, a power generator that’s also the... 

Biggest Australian business lender to stop new coal mine funding

By: Bloomberg     14th December 2017 National Australia Bank (NAB) pledged to stop funding new thermal coal mine developments and boost lending to renewable energy projects as part of global efforts to tackle climate change. “While we will continue to support our existing customers across the mining and energy sectors, including... 

Separate stock exchange listing for Aura’s Sweden project

By: Mariaan Webb     13th December 2017 Dual-listed uranium and gold focused Aura Energy has started the process to list its Häggån project in Sweden separately on multiple international exchanges to “maximise the value of the battery metal content” of the project. The project contains vanadium, molybdenum, cobalt, neodymium, nickel... 

Cyril Ramaphosa calls for mining sector action 

By: Martin Creamer     11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Mine improves output as copper price slated to rise

8th December 2017 In the medium to long term, the fundamental outlook for copper is among the strongest of all metals, says diversified natural resources producer Eurasian Resources Group (ERC), which has copper assets in the Democratic Republic of Congo (DRC). “The lack of major copper plants due on stream,... 

No further IRP consultations as Cabinet approves plan and 27 renewables projects 

By: Terence Creamer     7th December 2017 Energy Minister David Mahlobo reported on Thursday that Cabinet approved an updated Integrated Resource Plan (IRP) for electricity during a marathon 12-hour meeting on Wednesday and that the new plan would be published without any further public consultation. Briefing the media at an ‘Energy... 

Kganyago concerned another big power tariff hike will trigger grid defections

By: Terence Creamer     6th December 2017 South African Reserve Bank governor Lesetja Kganyago has added his voice to a growing chorus of concern that South African businesses, and even high-income households, could defect from the electricity grid in numbers should Eskom prevail in its bid for a 19.9% tariff increase from April 1, 2018.... 

Suncor submits applications to replace coke-fired boilers with 2 cogeneration plants

By: Henry Lazenby     6th December 2017 Canadian fossil energy company Suncor has launched applications with the Canadian Environmental Assessment Agency (CEAA) to replace coke-fired boilers with two cogeneration units at its oil sands Base Plant, which will add 700 MW of oil sands cogeneration. The plants will serve two purposes:... 

Rainbow ships first rare earths from Burundi mine

By: Anine Kilian     5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 

Newcrest agrees lower power tariff for Cadia, eyes renewable supply as long-term solution

By: Creamer Media Reporter      5th December 2017 Gold miner Newcrest has negotiated a lower electricity tariff for its Cadia operation, in New South Wales, which will assist in bringing down the New South Wales-based mine’s all-in sustaining costs to the lower-end of its $255-million to $295-million guidance range for the 2018 financial year.... 

The cobalt crunch for electric cars could be solved in suburbia

By: Bloomberg     1st December 2017 Almost 9 000 miles from the dusty Congo savanna, miners have hit on an entirely new source of cobalt – the rare mineral at the heart of the electric-car boom. And not only can they take coffee breaks, when they take a break, they can grab a doughnut at Tim Hortons. Scientists working for American... 

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