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The Red Chris mine produces gold and copper
C$36bn in critical mineral investment at stake in BC
8th January 2024 By: Creamer Media Reporter

Sixteen proposed critical mineral mines, representing C$36-billion in near-term investment, 300 000 person-years of employment and C$11-billion in tax revenues, are at a key juncture, based on... 


Busa energy and environment desk head Happy Khambule
Busa warns that lack of detail in IRP 2023 makes it impossible to assess plan’s credibility
8th January 2024 By: Terence Creamer

Business Unity South Africa (Busa) will approach the Department of Mineral Resources and Energy (DMRE) to secure the technoeconomic information that has been used to inform the assumptions... 


Mike Levington
Opinion: The grid’s the thing
8th January 2024

In this opinion article, Mike Levington argues that using renewable energy to meet South Africa’s economic and developmental goals will require a significant shift in thinking about the grid. 


Caledonia Mining's Blanket mine
Zimbabwe gold output declines 15% amid electricity, forex shortages
8th January 2024 By: Reuters

Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency volatility impacted output. The Southern African... 


Canadian dealmaking seen rebounding in 2024, led by energy, mining
4th January 2024 By: Reuters

Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to... 


China restores coal tariffs in threat to Russian exporters
3rd January 2024 By: Bloomberg

China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters dependent on the world’s largest market for the fuel. The tariffs were removed... 


Trucks operating in a coal mine
Coal financing is still booming – led by China
20th December 2023 By: Bloomberg

The amount of bank financing going to mining coal, the dirtiest fossil fuel of them all, remains at surprisingly high levels. Most of it is coming from China. A new report from researchers at... 


Machinery seen at the Muchesu project
Contango receives payment for Muchesu bulk sample
20th December 2023 By: Donna Slater

LSE-listed natural resource development company Contango Holdings has received about $116 000 from a large multinational company (MNC) as payment for the previously reported 1 000 t bulk sample of... 


Peabody renames North Goonyella mine as Centurion
19th December 2023 By: Creamer Media Reporter

NYSE-listed Peabody has renamed its North Goonyella mine, in Queensland, Australia, to the Centurion mine. In October, the company reached an agreement to acquire a large portion of the Wards Well... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


A coal mine in Australia
Australia adviser urges improved reporting of methane emissions
19th December 2023 By: Bloomberg

Australia needs to improve the accuracy of fossil fuel producers’ reporting on greenhouse-gas emissions, especially on methane releases from opencut coal mines, a review of the nation’s climate... 


Coal stockpiles
Coal’s peak is here, but demise of dirtiest fuel will be slow
18th December 2023 By: Bloomberg

Global efforts to boost clean energy and rein in carbon emissions have had a clear impact on coal: consumption of the dirtiest fossil fuel is expected to peak this year. Total consumption of coal... 


On-The-Air (15/12/2023)
On-The-Air (15/12/2023)
15th December 2023 By: Martin Creamer

Martin Creamer discusses green ammonia, copper and the mining sector. 


Greenfield project nears full-scale mining
15th December 2023 By: Lynne Davies

The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for... 


LOOMING CHALLENGE: Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of R131-billion needs to be boosted to R334-billion for the country to meet its net-zero goal by 2050, the paper states.
LOOMING CHALLENGE
15th December 2023

Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of... 


A Sasol sign in front of its Secunda complex
Sasol says investors critical of its climate record have ‘flawed understanding’
14th December 2023 By: Bloomberg

Sasol has hit back at investors who said they would reject its climate-change report at an annual general meeting last month, before it was abandoned because of a protest. The petrochemicals... 


An Eskom run coal-fired power station
Eskom set for seventh full-year loss as power cuts grip South Africa
13th December 2023 By: Bloomberg

South Africa’s Eskom Holdings is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high financing costs, poor plant performance... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


glencore logo
Glencore to publish updated climate transition plan in March
13th December 2023 By: Darren Parker

Diversified miner Glencore plans to publish an updated Climate Action Transition Plan, as well as to report on its progress against its industrial emission reduction targets and ambitions, in... 


Thungela expects volume boost from Aus mine, while rail impacts South African volumes
13th December 2023 By: Marleny Arnoldi

JSE-listed Thungela Resources expects to report 2.9-million tonnes of saleable production from the Ensham operation, in Australia, for the 2023 financial year, which is above the company’s... 


Cokal's BBM achieves first revenue
13th December 2023 By: Creamer Media Reporter

Indonesia-focused Cokal has achieved first revenue from the sale of 23 000 t of metallurgical coal to International Commodity Trade (ICT) under an offtake agreement, the ASX-listed company... 


Growing tax toll on resources a concern for new investors – QRC
Growing tax toll on resources a concern for new investors – QRC
13th December 2023 By: Mariaan Webb

The Queensland Resources Council (QRC) has urged Queensland government to ensure the ongoing competitiveness of the state’s resources industry, warning that new investment will go elsewhere.... 


Orion appoints two nonexecutive directors
13th December 2023 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has appointed Anthony Lennox and Patience Mpofu as nonexecutive directors. Lennox has 40 years of resource sector experience in operations, project development... 


COP28 president Dr Sultan Al Jaber
COP28 ends with deal on transition away from fossil fuels
13th December 2023 By: Bloomberg

The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s... 


A manganese mining operation in South Africa
South Africa's mining output up 3.9% y/y in October
12th December 2023 By: Creamer Media Reporter

South Africa's mining production increased by 3.9% year-on-year in October, with platinum group metals (PGMs), manganese ore and chromium ore having made the largest positive contributions. PGMs... 


How coal giant Colombia is trying to wean its economy off fossil fuels
How coal giant Colombia is trying to wean its economy off fossil fuels
12th December 2023 By: Bloomberg

Colombia has become the first major coal producer to join a group of nations calling for the end of fossil fuels, in a bid to escape the economic trap it could face as the world ditches the... 


Western Australia seeks to speed up mining project approvals
Western Australia seeks to speed up mining project approvals
12th December 2023 By: Reuters

Western Australia will overhaul its environmental permit system as it seeks to speed up the development of new business critical to the energy transition, its state government said on Tuesday. The... 


BHP workers consider strike action at some Australian mines
BHP workers consider strike action at some Australian mines
11th December 2023 By: Bloomberg

Workers critical to the operation of five Australian coal mines owned by BHP Group are readying to vote on industrial action that could involve strikes before the end of the year, the AFR reported,... 


Minister in the Presidency Khumbudzo Ntshavheni
Ntshavheni confirms draft IRP 2023 contains ‘significant’ revisions, but offers no clarity on consultation process
11th December 2023 By: Terence Creamer

Minister in the Presidency Khumbudzo Ntshavheni has confirmed that the draft Integrated Resource Plan (IRP) approved by Cabinet for public comment includes two time horizons as well as significant... 


Sunward South Africa launch
Sunward expands presence in South Africa with new distribution, service centre
11th December 2023 By: Marleny Arnoldi

Drilling, earthmoving and construction equipment supplier Sunward South Africa has unveiled its dedicated distribution facility in Jet Park, Boksburg, to serve the Southern African mining and... 


Electricity Minister Kgosientsho Ramokgopa has confirmed that the IRP update contains a revised decommissioning schedule for Eskom’s aged coal power stations.
IRP update approved by Cabinet includes new coal decommissioning schedule
10th December 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa reports that Cabinet has approved the release of an updated Integrated Resource Plan (IRP) for public comment and also confirms that the document contains... 


An image of Anglo American CE Duncan Wanblad
Anglo reconfigures some assets as it targets lower costs, capex
8th December 2023 By: Tasneem Bulbulia

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 


There’s a way to quit coal without wrecking jobs and communities
8th December 2023 By: Bloomberg

It’s a persistent global conundrum: Can policymakers close coal mines and power plants without ruining local economies in the process? In August, a delegation of Vietnamese officials looking to... 


Photo of Martin Creamer
On-The-Air (08/12/2023)
8th December 2023 By: Martin Creamer

Martin Creamer discusses rare earth minerals, community engagement and clean, green electricity 


IMPLEMENTATION PLAN: South Africa finally published its implementation plan for the Just Energy Transition Investment Plan ahead of COP28 and amid news of fresh funding flows arising from the now expanded $9.3-billion partnership with various developed countries. The document outlines an $80-billion, five-year investment plan aimed at stimulating a transition from the economy’s current over-reliance on coal. With the detail out, the devil now resides firmly in actual implementation. Photograph: Bloomberg
IMPLEMENTATION PLAN
8th December 2023

South Africa finally published its implementation plan for the Just Energy Transition Investment Plan ahead of COP28 and amid news of fresh funding flows arising from the now expanded $9.3-billion... 


Ramaco CEO says Wyoming coal mine discoveries include gallium, germanium
7th December 2023 By: Reuters

Ramaco Resources said it found two more rare minerals in a Wyoming coal mine, adding to its discovery of what the company has called one of the largest deposits of rare-earth elements in the US.... 


Eskom's Duvha power station in Mpumalanga
Eskom, Sasol pollution harms children, government studies find
6th December 2023 By: Bloomberg

Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed on companies that emit the toxins are insufficient.... 


Solar panels installed Shoprite's Centurion distribution warehouse
Opinion: Climate – lead, follow or get out of the way
6th December 2023

In this opinion article, Shoprite group sustainability manager Sanjeev Raghubir writes that conferences are necessary for progress on crucial issues facing humankind, but on the existential crisis... 


China to set up coal production reserve to stabilise prices
6th December 2023 By: Reuters

China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use in the... 


Global coal use at power plants will peak in 2023, Rystad says
Global coal use at power plants will peak in 2023, Rystad says
6th December 2023 By: Bloomberg

Global power-production from coal will peak this year as surging deployment of renewables displaces the dirtiest fossil fuel, according to research from Rystad Energy. Burning coal will produce... 


Stats SA economic statistics deputy director general Joe de Beer
Economy moves 'sideways' with marginal 0.2% contraction in GDP
5th December 2023 By: Darren Parker

Statistics South Africa (Stats SA) has reported a marginal 0.2% contraction in gross domestic product (GDP) for the third quarter, compared with the second quarter, and a contraction of 0.7%... 


An image showing Exxaro and the Council for Geoscience signing a Memorandum of Understanding
Exxaro, Council for Geoscience sign MoU to drive sustainability, decarbonisation
5th December 2023 By: Tasneem Bulbulia

Diversified miner Exxaro Resources and South African national science council the Council for Geoscience (CGS) have entered into a memorandum of understanding (MoU) to drive sustainability and... 


Renew-e managing partner and co-founder Etienne Rübbers
Opinion: How many jobs will the JET create in Mpumalanga?
5th December 2023

In this opinion article, Renew-e managing partner and co-founder Etienne Rübbers argues that where the green energy jobs are created will be important in ensuring that the energy transition is just. 


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