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Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous...
Everything must be done to fight inflation, says AngloGold Ashanti CEO Alberto Calderon, a former International Monetary Fund luminary, who has reported vigilant cost control in a year dominated by...
South Africa’s struggling State-owned utility Eskom Holdings appears to have reached an unprecedented level of power cuts, indicated late Tuesday by the company spokesman. The company cut 7 045 MW...
South Africa’s Kumba Iron Ore sees itself as a critical player in the decarbonisation journey. Regarding tricky Scope 3 emission reduction, the Anglo American company is partnering with top...
South African iron-ore producer Kumba has delivered a resilient financial performance in 2022, despite the year being characterised by a volatile macro environment, lower iron-ore prices,...
Eskom has confirmed that it is in the process of reviewing the current framework that governs loadshedding amid renewed concern that the State-owned utility may need to implement rotational cuts...
South Africa’s hydrogen corridor, which has been declared a strategic project, will create 14 000 jobs and consume 63 000 oz of platinum, Anglo American Platinum CEO Natascha Viljoen told Mining...
Aim-listed Goldplat has reported a 41% year-on-year drop in operating profit from its two gold recovery operations in South Africa and Ghana, to about £1.38-million for the quarter ended December...
The contribution of platinum group metals (PGMs) company Anglo American Platinum to society in 2022 totalled R131-billion, made up mainly of taxes and royalties at R19-billion, salaries and wages...
Eskom has implemented continuous Stage 6 until further notice after eight generating units broke down on Sunday. "Given the high number of breakdowns, there is a possibility of further changes on...
The National Energy Crisis Committee (NECOM) reports that the initial market response to Eskom’s moves to purchase electricity that is immediately available from entities that generate their own...
Nuclear power is part of the green taxonomy in Europe, where South Africa places most of its aluminium products and where most of the price pressures on non-green aluminium are going to arise in...
The new Inflation Reduction Act (IRA) in the US has improved the business case for producing manganese in that country. Well-established South African manganese mining group South32 has confirmed...
President Cyril Ramaphosa has moved to defend the proposed appointment of a new Minister of Electricity in the Presidency, amid concern that the appointee would have overlapping responsibilities...
Diversified mining company South32 recorded one of its highest profits to date with half-year earnings of $1.36-billion, underpinned by production growth of 12%. Increased exposure to the metals...
Recent government policies, such as the US's Inflation Reduction Act and the European Union’s proposed Green Deal Industrial Plan, demonstrate the growing need for critical raw materials through to...
The firm embrace of the new green hydrogen and hydrogen fuel cell future by China and India is a huge twin boost for Southern Africa’s great platinum group metals (PGMs) endowment, Mining Weekly...
Mineral Resources and Energy Minister Gwede Mantashe has doubled down on his characterisation of the proposed Minister of Electricity as that of a project manager but has denied that such a...
The 2022 earnings results that Anglo American Platinum (Amplats) will release later this month will be well down. Basic earnings and earnings a share for the period are likely to decrease by...
Through the just energy transition investment plan, R1.5-trillion could be invested in South Africa over the next five years in new frontiers of renewable energy, green hydrogen and electric...
Stage 4 loadshedding will continue from 16:00 on Friday until 05:00 on Saturday morning. It will be downgraded to Stage 3 from 05:00 on Saturday until 05:00 on Sunday, after which it will again be...
The Presidency’s Rudi Dicks, who also heads the National Energy Crisis Committee (NECOM) secretariat, believes the controversial decision to classify the electricity crisis a National State of...
President Cyril Ramaphosa announced that he would be appointing a new Minister of Electricity in The Presidency to coordinate the response to the electricity crisis, which has now officially been...
ArcelorMittal South Africa (AMSA) expects initial construction work on a 200 MW renewable-energy plant in Vanderbijlpark, Gauteng, to begin during the fourth quarter of 2023, with a feasibility...
Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told the Investing in African Mining Indaba on Wednesday at an event themed on the...
The 91% black-owned and -controlled Seriti Resources was seen at the Investing in African Mining Indaba as setting a compelling example by generating wind energy to decarbonise its coal mining...
Anglo American Platinum (Amplats), the No 1 platinum miner by value, said investor payouts will drop as worsening power outages in South Africa curb output and push up costs. “Will our investors...
The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba...
The coal-to-renewables initiative of Seriti Green, the 91% black-owned and black-controlled Seriti Coal associate, came in for special praise at the interesting fireside chat between outgoing Eskom...
South Africa’s electricity crisis is costing the economy as much as R899 million a day, according to central bank estimates. Rolling blackouts of about 6 to 12 hours a day, or so-called Stage 3 and...
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