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Topic

Preparing to keep top producer spot in S Africa

By: Robyn Wilkinson     7th April 2017 Gold producer AngloGold Ashanti has recommissioned a section of its Mine Waste Solutions operation, located in Stilfontein, in the North West, in order to maintain its current uranium production levels in anticipation of potential future upturns in the international market. 

NUM goes to war over proposed Eskom power station closures

By: Natasha Odendaal     29th March 2017 The National Union of Mineworkers (NUM) on Wednesday said it was planning mass protest action over State-owned power utility Eskom’s decision to mothball five power stations to make room for independent power producers (IPPs). In an effort to “save” Eskom from bankruptcy and privatisation, as... 

Coal transporters take Eskom, government to court 

By: African News Agency      23rd March 2017 The Coal Transporters Forum (CTF) has approached the high court, seeking an interdict to bar Eskom from entering into contracts with renewable energy independent power producers (IPPs) as envisaged by government. At a press briefing in Pretoria on Thursday, CTF spokesperson Mary Phadi however... 

EIUG supports Eskom plan for new pricing deals with power-intensive firms 

By: Terence Creamer     22nd March 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

S&P affirms Eskom rating on ‘extremely high’ likelihood of govt support as liquidity weakens 

By: Terence Creamer     22nd March 2017 S&P Global Ratings has sustained a negative outlook on Eskom after affirming its 'BB-' sub-investment-grade rating this week, pointing to the State-owned electricity utility’s weakening liquidity position as a result of a “lower-than-expected” tariff increase for 2017/18. On February 23, the... 

German coal mine to be reborn as giant pumped hydropower battery

By: Bloomberg     17th March 2017 A coal mine that powered German industry for almost half a century will get a new lease on life when it’s turned into a giant battery that stores excess solar and wind energy. The state of North-Rhine Westphalia is set to turn its Prosper-Haniel hard coal mine into a 200 MW pumped-storage... 

Eskom initiates talks on triggering government support to cover IPP costs 

By: Terence Creamer     15th March 2017 Eskom has written to the signatories of the Government Support Framework Agreement (GSFA) – which guarantees support for the State-owned utility in meeting its obligation to buy electricity from renewable-energy independent power producers (IPPs) – to discuss a possible triggering of government... 

Power & Electricity World Africa 2017

     9th March 2017 Africa’s largest power and electricity show - Power & Electricity World Africa 2017 celebrates its 20th anniversary. The show welcomes over 7000 attendees and hosts a mecca of solution providers spanning 3 halls and thousands of square meters. Taking place in Johannesburg South Africa, this is a... 

Turnbull concerned by impending Australia gas supply cliff

By: Esmarie Swanepoel     9th March 2017 Australian Prime Minster Malcolm Turnbull on Thursday said warnings of potential shortfalls in gas were “very concerning”, and called on the CEOs of east coast gas companies to address the threat to customers. Turnbull’s comments come after the Australian Energy Market Operator (AEMO) released a... 

West African gold mine signs solar power agreement

By: Martin Creamer     6th March 2017 West African gold mine Iamgold Essakane has signed a 15-year power purchase agreement with renewable-energy providers in a move that will cut its diesel use and lower its carbon footprint.  EREN Renewable Energy and its partner African Energy Management Platform (AEMP) on Monday announced that... 

Renewables offer mines bottom line boost, stability

     3rd March 2017 juwi Renewable Energies MD Greg Austin says mining companies can achieve a 2% to 3% gross profit benefit as a result of energy cost savings, should they replace diesel or heavy fuel oil (HFO) with solar power in pure self-consumption mode. 

Lack of reskilling of coal miners, truckers a concern – Greenpeace

By: Megan van Wyngaardt     1st March 2017 In light of industrial action by truck drivers in the coal transportation sector on Wednesday morning, in protest at Eskom's expected signing of power purchase agreements with more independent power producers, which they believe threaten their jobs, Greenpeace Africa campaigner Nhlanhla Sibisi... 

MCA urges states to do more to attract mining investment

By: Esmarie Swanepoel     1st March 2017 The Minerals Council of Australia (MCA) has urged state and territory governments to “raise their game” to attract mining investment, pointing to the latest data from the Canada-based Fraser Institute that shows Australian states are slipping in terms of investment attractiveness and policy... 

India's coal oversupply to persist, despite recent drawdown in power plant stocks

By: Ajoy K Das     28th February 2017 Thermal power plants across India have achieved significant drawdown on existing coal stocks this month, but this is not expected to be a sustained emerging trend. According to government data, total coal stocks carried by all thermal power plants in the country were pegged at 24-million tonnes... 

Delivering integrated power solutions for African projects

By: Tasneem Bulbulia     24th February 2017 Integrated energy solutions provider Zest Energy, a member of the Zest WEG group, is set to hand over a power generation solution for Syrah Resources’ Balama graphite mine, in Mozambique, at the end of April. This flagship project – the company’s largest power plant in terms of power output –... 

Event a gold mine for energy solutions

By: Tasneem Bulbulia     24th February 2017 Mining companies operating in Africa continue to recognise the need to go off-grid, find energy solutions that ensure they do not depend on an outside source and acquire renewable-, cleaner-energy solutions for a more sustainable future, in spite of the tough economic climate, says Africa Energy... 

Mines could reap significant savings by incorporating renewables into their energy mix

By: Dylan Slater     24th February 2017 Renewable-energy systems, including solar photovoltaic (PV) power, hold significant benefits for mining operations in sub-Saharan Africa, says renewable-energy solutions company juwi Renewable Energies MD Greg Austin.  

Renewables gaining traction

By: Tasneem Bulbulia     24th February 2017 Off-grid mines present one of the biggest business opportunities in renewable-energy solutions for mining companies, says engineering professional services consulting firm WSP | Parsons Brinckerhoff director of transmission, distribution and power Dinesh Buldoo. The mining sector is one of the... 

Eskom and Transnet need to borrow billions more  

By: News24Wire      22nd February 2017 Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury revealed in its 2017 Budget Review on Wednesday. Even as Eskom’s financial performance improved in 2015/16 as a result of a 12.7% tariff hike and a revenue increase by R10.5-billion to R161-billion, it... 

Bacanora buys 50% stake in German lithium project

By: Anine Kilian     21st February 2017 Aim- and TSX-V-listed Bacanora will acquire a 50% stake in the Zinnwald lithium project, in Germany, from European solar panel producer SolarWorld for €5-million, plus an undertaking to invest a further €5-million on a feasibility study (FS). The FS is expected to take 18 to 24 months to complete. 

Minergy to list coal project in Botswana, also eyeing JSE

By: Martin Creamer     20th February 2017 Coal and energy company Minergy said on Monday that it will list on the Botswana Stock Exchange in the first half of this year and is also planning a Johannesburg Stock Exchange listing in 2017’s latter half. In the initial capital raising ahead of the listing of its Masama coal project, Minergy,... 

AMSA keen to tap power tariff deal as Eskom mulls ‘incentive pricing’  

By: Terence Creamer     10th February 2017 Steel producer ArcelorMittal South Africa (AMSA) is optimistic that Eskom, with the support of the energy regulatory, could extend pricing incentives to it and other energy-intensive businesses in light of its surplus position and government’s appeal for interventions to reignite growth in the... 

Qld govt throws open Surat for development

By: Esmarie Swanepoel     10th February 2017 The Queensland government has called on gas producers to bid for the right to extract gas from the coal seam gas- (CSG-) rich Surat basin as part of its Australia-only gas pilot project. Minister for State Development and Natural Resources and Mines Dr Anthony Lynham on Friday announced the start... 

Zuma says Eskom will sign renewables contracts amid disrupted, economy-focused Sona

By: Terence Creamer     9th February 2017 President Jacob Zuma announced on Thursday that Eskom would sign the outstanding power purchase agreement (PPAs) for renewable energy projects that had been procured during the most recent rounds of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).   Zuma made the... 

Choking China backs race to mine greener iron-ore for top mills

By: Bloomberg     9th February 2017 Chinese engineers who carved a railway through the Tibetan plateau and built the world’s longest sea-bridge across Hangzhou Bay have a new challenge: developing a $3.4-billion project on Australia’s remote Eyre Peninsula to meet increased demand for cleaner iron ore. China Railway Group Ltd., the... 

South Aus Energy Minister decries PM’s comments on renewables, coal 

By: Esmarie Swanepoel     3rd February 2017 South Australia’s state Energy Minister Tom Koutsantonis has lashed out at Prime Minister Malcolm Turnbull’s clean coal aspirations, saying his statements have no basis in reality. Turnbull earlier this week advocated the use of clean coal technology in Australia, saying the current... 

Brexit to impact on UK mining sector, R&D to bear the brunt

By: Ilan Solomons     3rd February 2017 Following a referendum held in June 2016, in which a small majority of British voters declared that they were in favour of leaving the European Union (EU), the UK government has indicated that it intends in the coming months to invoke Article 50 of the Treaty on European Union, which is the... 

Turnbull emphasises Australia’s need for coal, gas as baseload energy sources

By: Esmarie Swanepoel     2nd February 2017 The Minerals Council of Australia (MCA) has welcomed Prime Minister Malcolm Turnbull’s comments that both coal and natural gas have a significant role to play in Australia’s energy future. “We have an abundance of coal, gas, sun and wind resources, not to mention uranium. Yet, our energy is among... 

Canada, Mexico strengthen mining ties

By: Henry Lazenby     2nd February 2017 Canada’s Natural Resources Minister Jim Carr on Wednesday inked a memorandum of understanding (MoU) with Mexico's Economy Minister Ildefonso Guajardo Villarreal to solidify the countries’ close bilateral relationship. The MoU for the mining sector will cover geoscience, clean innovation and... 

Ikea Canada picks up second Alberta wind farm, pays Teck, TransAlta C$119.6m

By: Henry Lazenby     27th January 2017 Scandinavian furniture and furnishings company Ikea Canada has bought a second wind farm in Alberta as part of its global ambition to match its electricity consumption with renewable energy production by 2020. Ikea will acquire an 88 MW wind farm located near Drumheller, about 130 km east of... 

Carbon tax would have costly implications for mines – Accenture

By: Ilan Solomons     27th January 2017 In South Africa, policymakers and businesses have discussed a carbon tax for several years, starting with the country’s signing of the Copenhagen Agreement in 2009. However, progress has been slow with the first draft of a carbon tax policy – which aims to reduce emissions through a fixed price... 

Coal row Down Under has lessons for Africa

     27th January 2017 he If Donald Trump scares you, look away now. The row over fossil fuels and 'clean coal' that some say won him the election has surfaced in Australia. And it resonates in the European Union (EU) and Africa. Last year Australian Prime Minister Malcolm Turnbull went to the polls, defeating the... 

Fewer potholes on road ahead for vanadium, chrome, manganese

By: Robyn Wilkinson     27th January 2017 It has been a challenging three years for the South African mining sector, particularly for ferroalloy producers. Several producers have reduced their output, while others have either entered business rescue or have been forced to close completely, says metals, minerals, carbon and chemicals... 

Sustainability to be highlighted by EPC services provider

By: Robyn Wilkinson     27th January 2017 Engineering, procurement and construction (EPC) services provider Black & Veatch will meet with new and existing clients at this year’s Investing in African Mining Indaba to explore the ways in which its sustainability-focused solutions can benefit their operations. 

Uranium price to continue to recover as demand grows

     27th January 2017 The outlook for uranium is increasingly positive following evidence of a recovery in the commodity’s price at the end of last year and with long-term demand expected to grow, says Canadian mineral resources company GoviEx Uranium CEO Daniel Major. “The last few years have been extraordinarily... 

Queensland tests gas reservation policy with release of new acreage

By: Esmarie Swanepoel     25th January 2017 The Queensland government will release 58 km2 of land for gas exploration, but with the condition that any gas produced has to be used in Australia. Natural Resources and Mines Minister Dr Anthony Lynham said on Wednesday that the pilot exploration project in the state’s coal seam gas- (CSG-)... 

Murray Energy CEO says Trump could help rescue coal in 3 months

By: Bloomberg     25th January 2017 Robert E. Murray, founder of Murray Energy and an outspoken advocate for coal miners, has a wish list for President Donald Trump – and he expects Trump can get through much of it within three months. Murray said he spent time with Trump and “virtually all” of his key appointees last week and is... 

Lynne Brown throws weight behind Eskom’s coal procurement policy

By: African News Agency      24th January 2017 Eskom will continue to “radically but fairly” transform coal procurement because this is a non-negotiable national imperative, Public Enterprise Minister Lynne Brown said on Tuesday. Eskom is currently embroiled in a bitter disagreement with one of its suppliers, Exxaro, over the diversified... 

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