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Power constraints too complex for Eskom alone – EIUG
1st July 2022 The Energy Intensive Users Group (EIUG) says that the task of mitigating risks related to the system performance and defining future electricity supply is too complex to be resolved by power utility Eskom alone, but instead requires active participation by other stakeholders as well. EIUG CEO... →
Bauba subsidiary Nuco Chrome granted eight-year mining right
30th June 2022 Platinum and chrome miner Bauba Resources reports that its 74%-owned exploration company Nuco Chrome business has been granted a mining right, which is valid for eight years. The mining right – notarially executed on June 23 – came into effect on June 3, and will end on June 2, 2030. →
DRA, Senet appointed to conduct Tiris FEED study
30th June 2022 ASX- and Aim-listed uranium and polymetallic miner Aura Energy has engaged with engineering consultants DRA Global, and its wholly-owned subsidiary Senet, to start Phase 1 of the Mauritania-based Tiris uranium front-end engineering design (FEED) study. The FEED study for its 85%-owned Tiris... →
Illegal mining brazenness a significant concern to legitimate industry
29th June 2022 Minerals Council South Africa legal deputy head Mxolisi Ngubane says that, although the prevalence of illegal mining is not new, the brazenness and evolving nature at which operations are taking place, is becoming increasingly concerning to the wider mining industry and especially to miners in... →
Mitochondria Energy to build a fuel cell manufacturing facility in the Vaal SEZ in 2023
28th June 2022 Hydrogen fuel cell developer Mitochondria Energy is planning to build a hydrogen fuel cell manufacturing facility in the Vaal Special Economic Zone (SEZ) forming part of the wider Hydrogen Valley development concept, with sod turning to start in 2023. In 2018, Mitochondria entered into a... →
Eskom completes 80% of Medupi and Kusile boiler defects rectification, aims for completion next year
24th June 2022 State-owned power utility Eskom’s actions to rectify major boiler defects at its newly-built Medupi and Kusile power stations is improving the plants’ energy availability factor (EAF), in some cases almost doubling it from when the first boiler’s fires were lit. The major boiler defects relate... →
Firefinch spin-off Leo Lithium to start trading on ASX on June 23
21st June 2022 ASX-listed gold miner Firefinch reports that Leo Lithium has been admitted to the official ASX list and trading in its shares will start on June 23, under the code LLL. This follows an oversubscribed A$100-million initial public offering by Leo Lithium in May. →
Hyve Group opens Johannesburg office
21st June 2022 International exhibition and conference organiser Hyve Group has opened a Johannesburg office as a means to enhance its presence in South Africa and expand opportunities for South African citizens. Hyve Group, which employs over 650 people in 12 offices globally, organises over 50 trade... →
Numsa heads to court to fight interdict preventing strike at Implats’ Rustenburg mines
21st June 2022 Labour union the National Union of Metalworkers of South Africa (Numsa) is heading to the Labour Court on June 21 to lay out its case for wanting about 4 000 of its members, employed by three mining contractors, to embark on a strike at Impala Platinum’s (Implats’) Rustenburg mines. One of the... →
World Diamond Council leadership to serve another year
20th June 2022 The World Diamond Council (WDC) has decided that, in light of the unusual set of circumstances currently prevalent, including those precipitated by the Covid-19 pandemic, the terms of its senior leadership, scheduled to terminate this year, will continue into 2023. As such, WDC president Edward... →
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