https://www.miningweekly.com
R/€ = 17.21 Change: -0.17
R/$ = 16.50 Change: -0.21
Au 1810.70 $/oz Change: -4.32
Pt 892.00 $/oz Change: -24.50
 

Cover Story

A step forward as South Africa embarks on first spectrum auction in over a decade

By: Natasha OdendaalThe widely celebrated conclusion of South Africa’s first high-demand spectrum auction in well over a decade has been hailed as a welcome milestone that could lead to lower communication costs, expanded network reach to rural and outlying areas, improved network quality and enhanced competition.... 

A step forward as South Africa embarks on first spectrum auction in over a decade

First Word

Treasury must be instructed to incentivise mining exploration as a matter of urgency

By: Martin CreamerFormer Finance Minister Trevor Manuel once promised to introduce a flow-through scheme to incentivise minerals exploration but instead gazetted a scheme that finance boutiques seemed to like. Not a single mining company took it up. Many efforts were made to communicate that other countries had... 

Treasury must be instructed to incentivise mining exploration as a matter of urgency

Mining Weekly News

Biden invokes Cold War powers to boost EV battery production

By: BloombergThe Biden administration announced it will invoke Cold War powers to boost domestic production of materials for batteries needed to power electric vehicles and the transition to renewable energy, a move intended to improve US competitiveness in a market dominated by China. The decision adds... 

Biden invokes Cold War powers to boost EV battery production

China’s imports have swung platinum into global deficit – consultant

By: Martin CreamerChina’s importation of platinum has shifted platinum’s supply balance into deficit, says independent precious metal consultant Dr David Davis. Supply-and-demand forecasts presented to the market are not giving the complete picture, Davis contends in a 17-page analysis published by Singapore-based... 

China’s imports have swung platinum into  global deficit – consultant

Mandela Mining Precinct showcases new drilling innovation

By: Marleny ArnoldiThe Mandela Mining Precinct (MMP) this week displayed two lighter, faster, quieter and more energy-efficient rock drills at its premises in Johannesburg, showcasing new technology that could improve safety in South African mines. The drills were manufactured by two local original-equipment... 

MTN Business, Huawei ink 5G MoU with mining companies

By: Natasha OdendaalA new memorandum of understanding (MoU) has been inked by MTN Business, Huawei Technologies South Africa, Miniandante Mining Company and Minetec Smart Mining for the provision of fifth-generation (5G) technology equipment and connectivity in the mining industry. Under the agreement, MTN Business... 

Platinum supply to contract in next 18 years – Northam

By: Martin CreamerPlatinum group metals (PGMs) mining company Northam Platinum displayed graphs during Thursday’s presentation of half year results, which indicate that PGMs supply is on a hiding to nothing on the way to 2040. “There’s a systematic global primary supply problem and the scarcity of both new PGM... 

Platinum supply to contract  in next 18 years – Northam

Strong investment case for country’s mining sector, but issues must be addressed

By: Tasneem BulbuliaThere are a myriad of opportunities that can be capitalised on in South Africa’s mining sector and there has been notable progress in improving the state of the industry; however, to further enhance this and attract more investment, it is critical that several issues be resolved.  This was the... 

Strong investment case for country’s mining sector,  but issues must be addressed

Vedanta investing R7bn in ‘green’ expansion to double Gamsberg capacity

By: Martin CreamerThe board of directors of Vedanta Zinc International (VZI) has approved a R7-billion investment into Gamsberg Phase 2 expansion project in the Northern Cape, which will double the mine and plant capacity from four-million tons to eight-million tons a year. In metal terms, will increase output... 

Vedanta investing R7bn in ‘green’ expansion to double Gamsberg capacity

Editorial Insight

Investment gap

By: Terence CreamerSouth Africans have rightfully paid detailed attention to the state of the country’s generation assets over the past decade and a bit as load-shedding has progressively intensified, precipitated by the undermaintained coal fleet beginning to decommission itself. Despite this, progress has been... 

Investment gap

Engineering News News & Insight

A mission-oriented approach needed for South Africa’s energy transition

By: Creamer Media Reporter In this extract from an article to be published in a forthcoming edition of the Oxford Review of Economic Policy, Mariana Mazzucato, Antonio Andreoni, Kenneth Creamer and Grové Steyn argue that a mission-oriented approach to South Africa’s energy transition has the potential to drive... 

A mission-oriented approach needed for South Africa’s energy transition

End-to-end international banking, trade & working capital solutions to fuel Africa’s growth

By: Creamer Media Reporter Absa CIB provides an innovative, digital solution for Cape Gate’s working capital requirements As businesses face difficult economic decisions and survival strategies, they must have the right resources, the right team, and the right systems in place to build the leverage needed to advance to the... 

End-to-end international banking, trade & working capital solutions to fuel Africa’s growth

Food inflation accelerates again, and could get much worse, warns research group

By: Rebecca CampbellFood inflation in South Africa continues to accelerate, the Bureau for Food and Agricultural Policy (BFAP) has reported. In its 'Food Inflation Brief' for February, released on Wednesday, it notes that, last month, South African food prices rose 0.9% in month-on-month terms and by 6.4% in... 

Germany holds up Just Transition Partnership with South Africa as example of evolving climate and development strategy

By: Terence CreamerThe Just Transition Partnership signed between South Africa and several developed countries in late 2021 has been held up as an example of the type of ‘climate and development partnership’ that the German government plans to pursue both bilaterally and multilaterally as part of a development... 

Germany holds up Just Transition Partnership with  South Africa as example of evolving climate and development strategy

Long-awaited report shows only 23 South African wastewater systems pass Green Drop muster

By: Natasha OdendaalThe Department of Water and Sanitation has published the long-awaited Green Drop Certification Programme Report, awarding just 23 wastewater systems – 22 municipal systems and one private system – the Green Drop status. The report, in which all water services authorities, comprising 995... 

March new-vehicle sales up 16.5%, but exports slide 12.4%

By: Irma VenterDomestic new-vehicle sales in March increased by 16.5%, to 50 607 units, compared with the same month last year. This is the highest monthly sales number since the prepandemic month of October 2019, says Naamsa | The Automotive Business Council. 

Mass production of all-electric bus for pan-African market to start next year

By: Irma VenterOpibus has introduced an African-designed all-electric bus to the Kenyan market. Opibus is a Swedish-Kenyan technology company that designs, develops and deploys electric vehicles (EVs) tailored for the African continent. 

Mondi builds structure using 100% composite material with 100% local content

By: Natasha OdendaalMondi Richards Bay, refurbishing its chemical plant over the past 18 months, has erected a complex and demanding structure using 100% composite material with 100% local content, a first for a ChlorAlkali plant in South Africa. The plant, which is responsible for the production of Caustic Soda,... 

Rail White Paper lauded as Transnet inefficiency lops off at least 1% of GDP

By: Irma VenterThe South African coal, chrome, iron-ore and manganese mining sectors lost between R39-billion and R50-billion in export earnings last year as Transnet struggled with capacity to rail bigger volumes of these commodities to ports, says economists.co.za chief economist Mike Schussler. “To put this... 

Report urges South Africa to push pause on gas-to-power so risks and alternatives can be fully assessed

By: Terence CreamerA new report on the role of gas in South Africa’s electricity system argues that it would be a “costly mistake” to pursue large gas-to-power investments in light of a shrinking role for gas in the power sector and improving prospects for greener alternatives. Published by the International... 

Report urges South Africa to push pause on gas-to-power so risks and alternatives can be fully assessed

Sanral earmarks R76m for N2 community contracts

By: Irma VenterThe South African National Roads Agency Limited (Sanral) says it will invest more than R76-million in seven new contracts to benefit local communities that live along the N2 Wild Coast Road Project, in the Eastern Cape. The seven new subcontracting tenders that will be awarded shortly include a... 

Second WE Connect mentorship programme gets under way

By: Natasha OdendaalAfter a successful pilot mentorship programme in 2021, the Women Energy Connect (WE Connect) programme is embarking on its second cohort to match mentors with mentees in the renewable-energy sector. With a proactive increase in gender diversity in the renewable-energy sector remaining a... 

Steel Master Plan to remain ineffectual unless focus is narrowed, Macsteel CEO warns

By: Terence CreamerWithout far greater focus and prioritisation, Macsteel CEO Mike Benfield believes the Steel Master Plan will remain captive to high levels of ambition with limited real-world effectiveness. There has been little implementation progress since the master plan’s official launch in 2021, when... 

Steel Master Plan to remain ineffectual unless focus is narrowed, Macsteel CEO warns

Tiger Wheel & Tyre in nationwide solar roll-out

By: Irma VenterTiger Wheel & Tyre has unveiled the company’s first solar-powered store. The automotive parts and fitment brand’s Fourways store, in Johannesburg, is the first of the family to complete the move to solar power. The system was installed by Easy Power. 

Mining Weekly Features

Engineering News Features

Cartoon

Sponsored Post

more

Business Leader

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now