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Loadshedding

From left ECEC deputy marketing director  Xia Lungang, Nyanza CEO Donovan Chimhandamba, ECEC chairperson Li Lixin, Nyanza chairperson William Mathamela.
South Africa’s ilmenite poised for huge value boost following China signing
15th November 2023 By: Martin Creamer

South African ilmenite used to manufacture titanium dioxide pigment in KwaZulu-Natal has received a major value boost with the signing of an engineering, procurement and construction (EPC) contract... 


Sibanye-Stillwater CEO Neal Froneman.
Renewables now critical part of metal mining thinking, says Sibanye-Stillwater
14th November 2023 By: Martin Creamer

Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are... 


Gold plat operations
Loadshedding results in dip in Goldplat’s South African operating profit
10th November 2023 By: Darren Parker

Aim-listed gold recovery company Goldplat has reported a £77 000 year-on-year drop in operating profit for three months ended September 30 – the first quarter of its 2024 financial year – as a... 


The 20 MW/100MWh Hex BESS site, in Worcester in the Western Cape
Eskom’s Hex battery the first of eight utility-scale projects being deployed across four provinces
9th November 2023 By: Terence Creamer

Eskom has officially started operating the first of eight utility-scale battery energy storage system (BESS) projects being introduced as part of Phase 1 of a World Bank-funded programme to add... 


Harmony's Great Noligwa gold mine.
Solar power generation poised to save Harmony Gold R3.6bn
7th November 2023 By: Martin Creamer

Gold-mining company Harmony estimates that it will achieve total cumulative net present value savings of R3.6-billion from its three solar power projects, one of them already generating 30 MW of... 


Ferrochrome smelter
Regulator approves Eskom tariff discounts for ferrochrome groups
6th November 2023 By: Terence Creamer

The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome. The... 


Acting Eskom CEO Calib Cassim
Eskom warns of another R23bn loss as loadshedding underpins R24bn collapse
31st October 2023 By: Terence Creamer

Eskom has warned that it is likely to report another R23-billion-plus loss for its current financial year to the end of March 2024, having belatedly confirmed a loss of R24-billion (R12-billion)... 


Orion is developing three complementary base metal production hubs in the Northern Cape.
Orion advancing towards operational commencement at Prieska in Northern Cape
31st October 2023 By: Martin Creamer

Johannesburg- and Sydney-listed Orion Minerals has continued its transition to mine developer and operator at the Prieska copper/zinc mine in South Africa’s Northern Cape. The diversified base... 


Glencore chrome ore conveyance.
Full-year Glencore production guidance remains largely in line
30th October 2023 By: Martin Creamer

Full-year 2023 production guidance of London- and Johannesburg-listed diversified mining and marketing company Glencore remains largely in line with previous guidance. An exception is nickel,... 


South32 annual general meeting.
South32 continuing to investigate reducing Hillside Aluminium’s emissions intensity
26th October 2023 By: Martin Creamer

The long-term energy transition solutions on which South32 is focused are renewable energy and electrification. The Sydney-, Johannesburg- and London-listed diversified mining company has... 


Power line
$1bn World Bank loan to support South Africa's energy reforms and decarbonisation
25th October 2023 By: Terence Creamer

The World Bank has approved a $1-billion Development Policy Loan (DPL) to support market reports under way in the country, as well as South Africa's low-carbon transition.   


Anglo American Strategy & Sustainability Director Helena Nonka.
Anglo carbon emissions cut by transition to 100% renewables in South America
25th October 2023 By: Martin Creamer

The transition of Anglo American to 100% renewable electricity supply across its South America operations has helped the London- and Johannesburg-listed diversified mining company to reduce its... 


Reversal of gold mining’s environmental legacy under way by DRDGOLD.
DRDGOLD reports 5% quarter-on-quarter increase in gold production
25th October 2023 By: Martin Creamer

A 5% increase in quarter-on-quarter gold production was reported by Johannesburg- and New York-listed surface gold recovery company DRDGOLD on Wednesday. The gold output of DRDGOLD, which... 


Anglo American Platinum's Mogalakwena operation.
Anglo Platinum reports higher PGM sales volumes but much lower prices
24th October 2023 By: Martin Creamer

Anglo American Platinum on Tuesday reported an increase in the sales volumes of platinum group metals (PGMs) from production, excluding trading, in the three months ending September 30. Owing to a... 


Electricity Minister Kgosientsho Ramokgopa
‘Height of folly’ to develop overreliance on aged coal plants for future supply
23rd October 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says attention should shift to adding new and cleaner generation to the loadshedding-prone electricity system, acknowledging that it would be the “height... 


Lion ferrochrome smelter.
Merafe reports 21% lower ferrochrome production in first nine months
20th October 2023 By: Martin Creamer

Third-quarter attributable ferrochrome production of Merafe Resources from the Glencore Merafe Chrome Venture was 40 000 t, which resulted in a production decrease of 21% for the first nine months... 


Envusa's energy trading area.
Anglo's Envusa applies to trade 520 MW of green electricity with seven operations
19th October 2023 By: Martin Creamer

Renewables company Envusa Energy, which is owned jointly by Anglo American in partnership with EDF Renewables, this week lodged an application for a licence to trade electricity in South Africa’s... 


Tharisa CEO Phoevos Pouroulis.
Tharisa extends out Karo platinum project commissioning timeline by 12 months
17th October 2023 By: Martin Creamer

The continued weakening of platinum group metal (PGM) prices and macroeconomics have resulted in the Karo platinum project timeline for commissioning being extended out by 12 months to June 2025,... 


Eskom supplied photo showing Kusile units in operation
Ramaphosa says loadshedding corner has been turned as another Kusile unit restarts
17th October 2023 By: Terence Creamer

African National Congress President Cyril Ramaphosa claims that South Africa “has turned a definite corner as far as loadshedding is concerned”, adding that the levels and frequency of loadshedding... 


Tharisa Mine.
R1bn solar energy project on track to supply Tharisa mine by end 2024
13th October 2023 By: Martin Creamer

The R1-billion solar project being developed by Chariot Transitional Power and Total Eren in North West province is on track as planned to be completed end 2024. In doing so, it will contribute to... 


Jubilee CEO Leon Coetzer at Roan, in Zambia.
Innovative copper, cobalt tailings treatment ‘encouraging’ – Jubilee
11th October 2023 By: Martin Creamer

The technical team of the JSE AltX- and Aim-listed Jubilee Metals Group is innovating a waste leach circuit for the treatment of copper and cobalt tailings, as part of its Northern Refining copper... 


The Kusile power station
Kusile Unit 3 supplying 720 MW to grid, Eskom confirms
9th October 2023 By: Terence Creamer

Eskom has confirmed that Unit 3 at the Kusile coal-fired power station is currently providing 720 MW into the electricity grid using a temporary flue that bypasses the flue-gas desulphurisation... 


Joburg Indaba panel from left Bernard Swanepoel, Otsile Matlou, Errol Smart, Mosa Mabuza and Mzila Mthenjane.
Approving outstanding permits could shift economy in 12-18 months, says Mzila Mthenjane
6th October 2023 By: Martin Creamer

If the 5 066 outstanding mining and exploration permits were approved, South Africa could begin to see a shift in the economy within 12 to 18 months, new Minerals Council South Africa CEO Mzila... 


PCC executive director Dr Crispian Olver
Pace of energy transition will define South Africa’s economic prospects – Olver
5th October 2023 By: Terence Creamer

Presidential Climate Commission (PCC) executive director Dr Crispian Olver says South Africa’s energy transition and the pace at which it progresses will determine the country’s long-term economic... 


The energy-efficient Lion ferrochrome smelter.
Fourth-quarter ferrochrome price slightly up
2nd October 2023 By: Martin Creamer

The European benchmark ferrochrome price for the fourth quarter of 2023 is $1.53/lb, 1.32% up on the third quarter of 2023, Merafe Resources advised its shareholders on Monday. The main focus of... 


Electricity Minister Kgosientsho Ramokgopa
As Kusile unit returns early, South Africa misses renewables procurement deadline
1st October 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa has welcomed the earlier-than-expected return of Kusile Unit 3 coal-fired generation, but has also acknowledged that government simultaneously failed to... 


The Presidency’s Rudi Dicks
JET pledges rise to $11.9bn as South Africa moves to finalise implementation plan
29th September 2023 By: Terence Creamer

The South African government has received additional pledges, worth nearly $3.5-billion, in support of its Just Energy Transition Investment Plan (JET IP), increasing the overall envelope of... 


Interim Eskom CEO Calib Cassim
Eskom aiming not to breach Stage 4 loadshedding this summer
27th September 2023 By: Terence Creamer

Eskom is aiming to limit loadshedding to Stage 4 during the summer months to the end of March by restricting unplanned breakdowns to 14 500 MW during what is also its high-maintenance season, when... 


President Cyril Ramaphosa alongside Discovery CEO Adrian Gore at a joint government-business meeting at Discovery Place, Sandton.
Roadmap to ‘fundamentally reform’ freight logistics sector by end of October
27th September 2023 By: Terence Creamer

Government has committed to finalise a Freight Logistics Roadmap, outlining a sequenced set of actions to fundamentally reform the logistics system, by the end of October. The commitment was made... 


TP Nchocho
IDC reports surge in disbursements to R17.8bn despite economic headwinds
26th September 2023 By: Terence Creamer

The Industrial Development Corporation (IDC) has reported a 147% surge in disbursements to R17.8-billion for 2022/23, up from only R7.2-billion in the prior year – a performance that is within... 


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