R/€ = 17.61 Change: -0.01
R/$ = 17.64 Change: -0.01
Au 1725.71 $/oz Change: 18.09
Pt 934.50 $/oz Change: 20.50


56 wind and solar projects bid into South Africa’s enlarged renewables round 

By: Terence Creamer     4th October 2022 A total of 56 wind and solar projects have been submitted by prospective bidders under the sixth bid window (BW6) of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPPP), which has been expanded to 4 200 MW from an initial allocation of 2 600 MW. The bids,... 

Phalaborwa PEA demonstrates long-life, financially robust operation

By: Creamer Media Reporter      4th October 2022 A preliminary economic assessment (PEA) of LSE-listed Rainbow Rare Earth's Phalaborwa project, in South Africa, demonstrates a long-life and financially robust opportunity for Phalaborwa to become a significant supplier of high-purity rare earth oxides to the rapidly expanding permanent magnet... 

Danakali to sell its stake in Eritrea potash project

By: Mariaan Webb     3rd October 2022 Fertiliser exploration company Danakali on Monday announced the potential sale of its 50% interest in the Colluli sulphate of potash (SOP) project, in Eritrea, for $166-million before tax, sending the Australia-listed company’s stock surging 25%. Danakali, which owns the project in a 50:50... 

Makwana returns to lead a new Eskom board that includes five engineers 

By: Terence Creamer     30th September 2022 Public Enterprises Minister Pravin Gordhan has unveiled the names of the much-anticipated new Eskom board, which includes five engineers and a trade unionist, and which will be led by Mpho Makwana, who was appointed executive chairperson at the utility in late 2009 following a previous leadership... 

On-The-Air (30/09/2022) 

By: Martin Creamer     30th September 2022 This week Martin Creamer unpacks exploration as SA’s economy booster and the JSE’s new money-raising product for juniors and green hydrogen produced at sea. 

Maelgwyn leveraging South Africa, African growth to expand business

By: Tasneem Bulbulia     30th September 2022 Owing to the considerable organic growth it has achieved in South Africa and Africa, mineral processing technologies and processes provider Maelgwyn has relocated to a new building, in Boundary Park, North Riding, and is aiming to leverage these premises and the enhanced capacity and capabilities... 

Canada Nickel arranges loan, says Crawford feasibility expected by year-end

By: Mariaan Webb     30th September 2022 Canadian developer Canada Nickel has arranged a $10-million loan with precious metals merchant Auramet, which will be used for post-feasibility study work, including permitting and detailed engineering. Chairperson and CEO Mark Selby reports that the feasibility study for the Crawford project is... 

Drone tech deployed for working at heights

By: Sabrina Jardim     30th September 2022 A global initiative to get machines to drive inspections in dangerous spaces has resulted in the introduction of drone technology for working-at-height projects. “Drones reduce the amount of human exposure in dangerous environments, which drives efficiency and, in turn, drives down costs.... 

Chain offers improved reliability of mechanical components in harsh conditions

30th September 2022 Tsubaki engineering class SJ3 sealed joint chains, with improved sealing technology, are designed to improve the reliability of many mechanical components exposed to harsh conditions in coal mining. Available from industrial engineered products and components manufacturer BMG, Tsubaki’s patented... 

New Bill to impact on sector

By: Sabrina Jardim     30th September 2022 With health and safety being an important aspect of working-at-height projects, a new Occupational Health and Safety Amendment Bill is expected to be tabled next year. The Bill will enforce penalties of up to a R50 000 spot fine for every contravention, should working-at-height projects not... 

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