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Cover Story
African mining investors see opportunity amid rising insecurity and recession fears
By: Nadine JamesThe “world’s largest investment conference”, the Investing in African Mining Indaba, looks to entice investors to Cape Town’s International Convention Centre in hopes of righting “Africa’s myriad economies” following successive years of geopolitical shifts and economic disruptions, says... →
First Word
South Africa must embrace 9 GW of power private sector can offer
By: Martin CreamerSouth Africa’s private sector has a total pipeline of 9 GW of energy projects in solar, wind, gas and battery storage on offer, Minerals Council South Africa has assured. By expediting those projects and reducing reliance on Eskom, the State power utility will be able to turn its focus to the... →
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Mining Weekly News
Danakali strikes Colluli sales deal
By: Esmarie IannucciASX-listed Danakali has struck a $166-million binding share sale agreement (SSA) with Sichuan Road and Bridge Group to sell its 50% shareholding in the Colluli sulphate of potash (SOP) project, in Eritrea. A potential sale was flagged in October last year after Danakali inked a non-binding term... →
Glass-making sector to support platinum industrial demand growth this year
By: Tasneem BulbuliaThis year is forecast to be the second strongest year for industrial platinum demand on record, despite the challenging economic conditions that are prevailing, industry organisation the World Platinum Investment Council (WPIC) says. Demand is expected to increase by 10% to 2.3-million ounces,... →
Governing party highlights need to enable South Africa to become green hydrogen centre
By: Martin CreamerEnabling South Africa to become a green hydrogen centre through government support is highlighted in the January 8 Statement 2023 of the National Executive Committee (NEC) of the African National Congress (ANC). "The ANC recognises important work in the Hydrogen Roadmap and directs government to... →
Lithium sales from South Africa on track to begin this month, Marula Mining reports
By: Martin CreamerSales of lithium processed out of stockpiles at the Blesberg project in the Northern Cape are expected to commence this month. “We’re on track for the first delivery of a thousand tons through to the offtake party that we’ve contracted with,” Marula Mining CEO Jason Brewer told Mining Weekly in a... →
Platinum-boosting clean hydrogen projects and patents are all the rage
By: Martin CreamerThe implementation agreement for Namibia’s planned multibillion-dollar Hyphen Hydrogen Energy project is scheduled to commence in the first quarter of this year, Namibia President Hage Geingob revealed in his 2023 New Year’s message. Egypt has granted approval for two green hydrogen projects in... →
South African coal mine equipped with 5G
By: Natasha OdendaalCanyon Coal’s Phalanndwa Colliery is set to become a fifth-generation (5G) connected coal mine operation after it partnered with Huawei, MTN and Minetec Smart Mining to enable guaranteed connectivity within the mine and plant area, in the initial stage. The collaboration, which is described by... →
Vision Blue, Energy Minerals Group inject $150m into Brazil rare earths developer
By: Mariaan WebbBrazil rare earth element (REE) company Serra Verde is fully funded to advance its Brazil mining and processing operation to production, with a $150-mllion investment by Vision Blue Resources and the Energy and Minerals Group (EMG). Serra Verde, a Denham Capital portfolio company, will produce a... →
Editorial Insight
Muddling problems and solutions
By: Terence CreamerSouth Africa’s power crisis is effectively death by a thousand cuts. It’s the consequence of decades of poor policy choices and inappropriate regulation, pitiable governance at Eskom, which enabled highly damaging political interference, and the extremely poor management of the old plants and... →
Engineering News News & Insight
2022 new-vehicle sales up 13.9%, as exports accelerate by 17.9%
By: Irma VenterNew-vehicle sales in the domestic market increased by 13.9% in 2022, compared with 2021, says Naamsa | The Automotive Business Council. This follows a 22.2% jump in 2021, compared with 2020. →
Agriculture, household waste could aid electrification push
By: Marleny ArnoldiA professor from the Cape Peninsula University of Technology has identified household and agricultural waste in South Africa as a valuable source of clean energy that can be deployed in communities, complexes and individual homes at a lower cost and with a faster return on investment than solar... →
Astron Energy announces R220m development fund
By: Irma VenterFuel group Astron Energy has announced a R220-million development fund to empower small businesses in the Astron Energy value chain and its linked communities. CEO Thabiet Booley describes the Astron Energy Development Fund (AEDF) as a “milestone in our transformation journey as an organisation”. →
Company develops low-cost, low-maintenance water treatment system
By: Natasha OdendaalWater treatment company GAST Clearwater has developed a water treatment system to improve water quality globally without the use of obnoxious chemicals, biological components or membranes. The Advanced Low Tension Electroporation Process (ALTEP) system aims to do for the water sector what solar... →
Global 5G growth continues despite macroeconomic challenges
By: Natasha OdendaalDespite economic challenges in many regions worldwide, fifth-generation (5G) technology continues to scale faster than any previous mobile generation. By the end of 2028, global 5G subscriptions are expected to reach five-billion after surpassing one-billion by the end of 2022, Ericsson’s latest... →
Global clean-energy technologies market to triple to $650bn by 2030 – IEA
By: Terence CreamerA new International Energy Agency (IEA) analysis estimates that the global market for key mass-manufactured clean-energy technologies will grow by more than three times to $650-billion a year by 2030, heralding a “new industrial age” that could offer big dividends for countries that get their... →
Global economic growth expected to slow from 3% to 1.7% this year
By: Darren ParkerGlobal growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment and disruptions caused by Russia’s invasion of Ukraine, the World Bank’s latest ‘Global Economic Prospects’ report shows. Given fragile economic conditions, any new adverse development –... →
Godongwana says Eskom, crime key impediments to efforts to woo investors
By: Donna SlaterAhead of South Africa’s government delegation traveling to Davos, Switzerland, to take part in the upcoming yearly World Economic Forum, Finance Minister Enoch Godongwana says South Africa’s electricity crisis and high crime rates are chief among the challenges faced by the country, requiring... →
International JV to develop control technologies for next-generation aeroengine
By: Rebecca CampbellInternational joint venture (JV) FADEC Alliance has been chosen to design and develop the electronic control system for the CFM International RISE demonstrator engine programme. FADEC Alliance is a JV between US-based global major aeroengine company GE Aerospace and FADEC International. RISE is... →
Mahindra records 78% sales growth in 2022
By: Irma VenterMahindra last year increased its new-vehicle sales by 78%, compared with 2021 – this in a total domestic market that expanded by a much more moderate 13.9%. The Indian group – an importer and local semi-knockdown bakkie assembler – grew its total sales in the passenger vehicle market by 80%, to 4... →
Microsoft, Viasat partner to deliver Internet access to underserved communities
By: Natasha OdendaalMultinational technology corporation Microsoft and global communications company Viasat have partnered to increase access to the Internet for ten-million people worldwide – including five-million across Africa – over the next three years. The partnership boosts the efforts of Microsoft’s Airband... →
MTN named South Africa’s best mobile network for 2022
By: Natasha OdendaalTelecommunications giant MTN has secured the title of South Africa’s best mobile network for 2022 in MyBroadband Insights’ Mobile Network Quality Report. The yearly report, released on January 16, shows that MTN also “reigned supreme” in all major South African metropolitan areas. →
Renewables industrialisation plan to be aligned to expected surge in private projects
By: Terence CreamerThe newly appointed facilitator of the South African Renewable Energy Masterplan (SAREM) expects a draft document to be completed by mid-2023 and for the final masterplan to be negotiated before year-end. Gaylor Montmasson-Clair has also indicated that the industrialisation plan will be adjusted... →
Robots trusted to do noncritical manufacturing tasks
By: Schalk BurgerIn South Africa, 86% of manufacturing employees surveyed trust robots to do cleaning and 83% trust them to deliver parcels and orders, but fewer than half of employees, or 43%, would trust robots in such tasks as managing dangerous manufacturing, said cybersecurity services multinational... →
Samsung launches Solve for Tomorrow programme in South Africa
By: Natasha OdendaalSamsung’s Solve for Tomorrow programme, designed to increase youth interest and proficiency in science, technology, engineering and mathematics (STEM) education, has reached South African shores. Partnering with the State Information Technology Agency, Samsung South Africa is piloting the... →
Self-generation may be added to data set, says statistics agency
By: BloombergSouth Africa’s statistics agency is considering including self-generated power in its monthly electricity-generation data as more households and businesses reduce their reliance on State-owned utility Eskom. Adding the metric would broaden a key indicator used by economists to compile estimates... →
Suzuki unveils its first electric concept, mulling local introduction
By: Irma VenterSmall-car specialist Suzuki has unveiled its first all-electric concept vehicle. The Japanese carmaker says the eVX – emotional versatile cruiser – is a compact sports utility vehicle (SUV) that combines “Suzuki’s 4 x 4 DNA with the most advanced features currently available in battery electric... →
Veteran advocates appointed to Competition Tribunal
By: Marleny ArnoldiThe Competition Tribunal has appointed three preeminent senior counsel who will serve as members. The appointments comprise advocates Geoff Budlender, Jerome Wilson and Tembeka Ngcukaitobi. →
VoltVision launches power analytics centre in Johannesburg
By: Schalk BurgerDigitised industrial power networks company VoltVision has opened a global power analytics centre in Johannesburg that will provide expert technical interpretation of performance data from clients’ high- and medium-voltage (HV and MV) electrical networks worldwide. The centre will also pioneer... →
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