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MinRes extends Norwest takeover
2nd March 2023 By: Esmarie Iannucci

Suitor Mineral Resources (MinRes) has extended its takeover offer period for fellow listed Norwest Energy until March 16. MinRes earlier this year launched its takeover offer for Norwest, offering... 


Kinetiko looks at LNG deal in South Africa
2nd March 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has reached a non-binding memorandum of understanding (MoU) with South Africa-based FFS Refiners that could potentially see the production and distribution of liquefied... 


Image shows LNG operation
Strike hoping for gas production by 2025
2nd March 2023 By: Esmarie Iannucci

ASX-listed Strike Energy on Thursday unveiled a gas acceleration strategy to bring up to four gas fields into commercial production by 2025, using the near A$136-million in proceeds from the sale... 


Sector called to give input in exploration acreage release
1st March 2023 By: Esmarie Iannucci

The Western Australian government has called on the resources sector to nominate areas to be considered as part of Western Australia's 2023 petroleum exploration acreage release. The... 


Framework published for fisheries and offshore petroleum industries
1st March 2023 By: Esmarie Iannucci

The National Offshore Petroleum Safety and Environmental Authority (Nopsema) this week released a guidance framework to help drive improved cooperation between the offshore petroleum industry and... 


Appea warns on ADGSM changes
1st March 2023 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has called on the federal government to prioritise bringing on new gas supply rather than compromising international... 


Glencore ordered to pay $700m by US judge in bribery case
1st March 2023 By: Bloomberg

Glencore was ordered by a federal judge in New York to pay $700-million as a criminal punishment for a global bribery scheme orchestrated by the Swiss-based commodities trading and mining giant. US... 


End in sight for Warrego
27th February 2023 By: Esmarie Iannucci

Suitor Hancock Energy has started the compulsory acquisition of the remaining shares in ASX-listed Warrego Energy, after gaining a 95.63% interest in the takeover target. Warrego on Monday... 


Woodside posts impressive results
27th February 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported a 73% increase in production volumes for full year ended December, driving a 142% increase in operating revenue and a 172% increase in earnings before... 


Consortium revises offer for Origin
24th February 2023 By: Esmarie Iannucci

Takeover target Origin Energy this week said it would continue discussions with a consortium after receiving a revised takeover proposal from the consortium. The company in November last year... 


Anglo American CEO Duncan Wanblad.
Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad
23rd February 2023 By: Martin Creamer

All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy... 


King still believes in Chevron's CCS plans
23rd February 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King has backed US energy major Chevron’s carbon capture and storage (CCS) efforts at its Gorgon liquefied natural gas (LNG) project, in Western Australia. The... 


Minerals Council welcomes 125% energy tax break in Budget speech
22nd February 2023 By: Martin Creamer

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... 


Jeffrey Currie
Goldman's Currie says China recovery 'A-OK', commodities to jump
22nd February 2023 By: Bloomberg

Commodities are poised to rally in 2023 as China recovers, US inflation proves to be benign, and Russian oil production contracts, according to Goldman Sachs Group’s Jeff Currie. “The real core of... 


Image shows a Santos operation at night
Higher oil price drives Santos to new heights
22nd February 2023 By: Esmarie Iannucci

Oil and gas major Santos has reported record underlying earnings for the full year ended December, with underlying profits increasing by 160% to $2.46-billion. Net profits after tax for the year... 


Suncor names Kruger CEO amid Elliott pressure, safety overhaul
22nd February 2023 By: Bloomberg

Suncor Energy named Rich Kruger as its new CEO, ending a seven-month search that started after a string of worker deaths and pressure from activist investor Elliott Investment Management drove out... 


IEA executive director Dr Fatih Birol
IEA warns on continuing high methane gas emissions from the global energy sector
21st February 2023 By: Rebecca Campbell

The International Energy Agency (IEA) has warned that emissions of methane remained “stubbornly high”. It did so in its “Global Methane Tracker 2023” report, published on Tuesday.   Methane is a... 


Anglo American Platinum CEO Natascha Viljoen (left) and FD Craig Miller at the results presentation.
South Africa’s hydrogen corridor will create 14 000 jobs, says Anglo Platinum CEO
20th February 2023 By: Martin Creamer

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... 


An image of an oil tanker
G20 watchdog says commodity market concentration poses threat to wider economy
20th February 2023 By: Reuters

The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens to transmit losses to the... 


Strong performance from Unki, Zimbabwe.
Anglo Platinum makes R131bn socioeconomic contribution, records best-ever safety year
20th February 2023 By: Martin Creamer

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... 


Rinehart retains throne in Aus
17th February 2023 By: Esmarie Iannucci

Mining magnates Gina Rinehart and Andrew Forrest has taken out the top spots of Australia’s 50 richest on the 2023 Forbes list. The collective wealth of Australia’s 50 richest soared by 70% to... 


BP advances renewable fuels plan in WA
17th February 2023 By: Esmarie Iannucci

Energy major BP has marked a milestone at its planned renewable fuels project in Kwinana, Western Australia, with the company now progressing with engineering plans. The Kwinana Renewable Fuels... 


MinRes takes majority share of Norwest
17th February 2023 By: Esmarie Iannucci

ASX-listed Mineral Resources (MinRes) has taken a majority interest in takeover target Norwest Energy, after gaining a 53.86% share in the company. As a result of MinRes’ interest in the company... 


Suncor mulling options to replace supply from key oil sands mine
16th February 2023 By: Reuters

Canada's Suncor Energy on Wednesday said it is weighing options for replacing around 200 000 bbl/d of raw bitumen supply from its largest oil sands mine, which is set to run out by the mid-2030s.... 


Origin confirms consortium talks still ongoing
16th February 2023 By: Esmarie Iannucci

ASX-listed Origin Energy on Thursday confirmed that it was still in talks with a consortium over a potential takeover offer. The company in November last year received a A$9 a share non-binding... 


End looms for hold-out Warrego shareholders
16th February 2023 By: Esmarie Iannucci

Suitor Hancock Energy has gained an 83% foothold in takeover target Warrego Energy, with the Warrego board now unanimously recommending that shareholders accept the offer before it closes on... 


Glencore CEO Gary Nagle.
Growing need for critical raw materials highlighted by US, EU policies – Glencore
15th February 2023 By: Martin Creamer

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... 


Strike unveils Warrego windfall
15th February 2023 By: Esmarie Iannucci

ASX-listed Strike Energy on Wednesday revealed that it would realise A$136-million in proceeds from the sale of its interest in takeover target Warrego Energy to suitor Hancock Energy. Strike... 


Prime Minister Narendra Modi is intent on making India a global green hydrogen hub.
Green hydrogen moves by China, India boosting outlook for platinum group metals
14th February 2023 By: Martin Creamer

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... 


Buru's plans for Rafael worry environmentalists
14th February 2023 By: Esmarie Iannucci

ASX-listed Buru Energy has come under fire from an environmental group over its plans to develop the Rafael conventional gas and condensate discovery, in the Canning Basin. Buru this week... 


Image shows Santos workers at site
Nopsema backs Dorado development
14th February 2023 By: Esmarie Iannucci

The National Offshore Petroleum Safety and Environmental Management Authority (Nopsema) has accepted oil and gas major Santos' offshore project proposal (OPP) for the Dorado development. Santos... 


Santos flags impairment charges
14th February 2023 By: Esmarie Iannucci

Energy major Santos on Tuesday flagged a $328-million impairment charge over its production and exploration assets, while releasing its annual reserve and resource statement. Santos expects to... 


Webber Wentzel highlights funding opportunity for mining companies that are doing the right thing.
Sustainable mining companies can gain from sustainable finance trends – Webber Wentzel
13th February 2023 By: Martin Creamer

Mining companies that can demonstrate responsible and sustainable mining practices can set themselves up to take advantage of the current environmental social governance (ESG) and sustainable... 


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Sector News

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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Alco-Safe
Alco-Safe

SoToxaTM - Mobile test system

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Booyco Electronics
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Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Rio-Carb
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Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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