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Best time to capitalise on renewable-energy PPAs

     12th February 2016 Owing to mining clients’ negotiation positions for renewable-energy power purchase agreements (PPAs) having improved considerably as renewables can be used with diesel generators in hybrid systems, the opportune time is now for them to pursue renewable sources of energy, says Germany-based... 

Hybrid power solution aimed at African mining industry

By: Dylan Slater     12th February 2016 Contrary to popular belief, a power solution incorporating renewable-energy solutions and diesel generators does exist and has been developed particularly for the mining industry, especially miners operating in regions with high average solar-peak yields, says renewable-energy solutions company... 

Nuclear affordability emphasised, as Zuma unveils economic ‘turnaround plan’ 

By: Terence Creamer     11th February 2016 President Jacob Zuma unveiled the skeleton of what he described as an economic “turnaround plan” in a State of the Nation Address dominated by the current plight of the South African economy, which was unlikely to grow by more than 1% in 2016 and would not nearly approach the 5%-plus levels... 

Energy to define future Australia-India relations

By: Esmarie Swanepoel     10th February 2016 India was seeking an increased engagement with Australia on uranium and gas exports to fuel its demand for electricity generation, India’s Minister of State with Independent Charge of Power, Coal, and Renewable Energy, Piyush Goyal, said on Wednesday. Speaking ahead of the third Australia-India... 

Unlock South Africa/Botswana coal in tandem, Exxaro urges at Indaba

By: Martin Creamer     9th February 2016 All stakeholders should recommit to the development of the Waterberg coalfields in tandem with neighbouring Botswana in order to unlock the entire region’s coal potential and improve transport economics, Exxaro Resources CEO designate Mxolisi Mgojo urged on Tuesday. Speaking at the 2016... 

One-third of Queensland’s coal mines running at a loss – QRC

By: Esmarie Swanepoel     8th February 2016 Nearly one-third of Queensland’s coal mining companies were operating at a loss in the current commodity climate, a report commissioned by the Queensland Resources Council (QRC) has found. QRC CEO Michael Roche said that the report, undertaken by Wood Mackenzie, supported what industry leaders... 

India’s coal appetite dwindles

By: Ajoy K Das     8th February 2016 Green shoot pointers like the growth, or decline, in thermal power projects and the rapid upscaling of renewable-energy projects indicate that India’s appetite for coal is dwindling. Even as domestic coal production rose, moving from a shortage towards the surplus zone, growth in new thermal... 

Importance of social, labour plans stressed

By: Anine Kilian     5th February 2016 Economic challenges, coupled with the downturn in commodity prices, have recently resulted in many job losses in the mining sector, economic development services company EDS executive director Ugeshree Thakurpersad tells Mining Weekly. Another consequence of the downturn, is that mining companies... 

Eskom worried about S Africa’s rising coal costs 

By: Kim Cloete     4th February 2016 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     28th January 2016 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     27th January 2016 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     26th January 2016 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     26th January 2016 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     22nd January 2016 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      18th January 2016 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     15th January 2016 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     13th January 2016 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     12th January 2016 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     9th January 2016 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     22nd December 2015 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

     16th December 2015 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

     14th December 2015   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     14th December 2015 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     11th December 2015 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     10th December 2015 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

     10th December 2015 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

     8th December 2015 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      4th December 2015 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     26th November 2015 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      26th November 2015 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

     25th November 2015   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     23rd November 2015 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     23rd November 2015 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     20th November 2015 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     14th November 2015 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     12th November 2015 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     6th November 2015 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     6th November 2015 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... 

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