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Lack of functioning mining cadastre also posing risk to renewables projects 

By: Terence Creamer     6th February 2023 The absence of a functional mining cadastre in South Africa, which has been undermining the sector for years, is now having potentially negative knock-on effects for developers of renewable-energy projects, particularly in Mpumalanga – a region where there is still capacity to connect new... 

Like Musk, nickel-rich Indonesia has high electric vehicle ambitions

By: Reuters     6th February 2023 Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal extensively. In just three years, Indonesia has signed more than a dozen deals worth more than $15-billion for... 

Seriti Green raises need for Africa to appraise vanadium as electricity storage battery metal  

By: Martin Creamer     3rd February 2023 Wind farm builder Seriti Green, which is planning substantial electricity storage capacity at its big renewable energy project in Mpumalanga, has raised the need for vanadium to be appraised as a battery storage metal of choice in Africa owing to the difficulties of sourcing lithium batteries.... 

Iron-ore retreats on China demand rethink, price curbs worry

By: Reuters     3rd February 2023 Dalian iron-ore futures dipped on Friday, deepening weekly losses as traders reassessed demand prospects in top steel producer China and exercised caution after market regulators repeatedly warned against excessive price speculation. The steelmaking ingredient's most-active May contract on... 

Just energy transition good for South Africa but coal sector has to be involved

By: Rebecca Campbell     3rd February 2023 A Just Energy Transition (JET) was in the interests of South Africa, the World Bank has concluded. So reported World Bank senior energy economist Mariano Salto in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Renewable energy was the least-cost energy option... 

Thungela diversifying with Australian coal mine acquisition

By: Tasneem Bulbulia     3rd February 2023 JSE-listed Thungela Resources has entered into agreements to acquire a controlling interest in the Ensham coal mine, an operating thermal coal asset, in Queensland, Australia. Thungela has, subject to regulatory approvals, entered into an agreement with Audley Energy and Mayfair Corporations... 

Serious challenges face the South African junior coal mining sector

By: Rebecca Campbell     3rd February 2023 The major problems facing the junior and emerging coal mining sector in South Africa were finance, a dysfunctional regulator and logistical difficulties. These were highlighted in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Minerals Council Junior and... 

Price caps affecting gas supply agreements - Appea

By: Esmarie Iannucci     3rd February 2023 The industry body for the oil and gas sector this week said that the price cap placed on the industry by the federal government at the end of last year, was making it difficult to execute gas supply agreements. The Australian Petroleum Production & Exploration Association (Appea) CEO Samantha... 

Zimbabwe allows miners, exporters to keep more forex from exports

By: Reuters     3rd February 2023 Zimbabwe's central bank on Thursday said it will allow exporters, including miners, to keep 75% of their export earnings in foreign currency after the current cap of 60% drew complaints from the industry. The new measure, however, falls short of miners' demands to keep 80% of their export... 

Colombia's mining royalties hit record $1.32bn in 2022 - industry group

By: Reuters     3rd February 2023 Colombia's mining industry hit a record 6.13-trillion pesos ($1.32-billion) in royalties last year, the Colombian Mining Association (ACM) said on Thursday. The record royalties come at a time when the government of Colombian leftist President Gustavo Petro hopes to wean Latin America's... 

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