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Bushveld establishes dividend policy following ‘transitional’ 2018
By: Marleny Arnoldi 23rd May 2019 Aim-listed Bushveld Minerals’ financial results for the year ended December 31, 2018, reflect its transition from a junior mining company to a significant vanadium producer. The company’s flagship vanadium platform includes a 74% controlling interest in mining and processing company Bushveld... →
Vanggatfontein to ramp up to full output two weeks ahead of schedule
By: Tasneem Bulbulia 22nd May 2019 JSE-listed Wescoal on Wednesday said it had resumed coal mining, handling and processing activities at the Vanggatfontein mine as of May 20 and that the mine was expected to ramp-up to full production in early June – two weeks ahead of schedule. In late April, the coal producer was forced to halt... →
Eskom keeps investors in the dark as debt speculation mounts 
By: Bloomberg 22nd May 2019 As speculation swirls about plans to deal with Eskom Holdings’ crippling debt load, one group of stakeholders hasn’t been consulted – owners of the company’s R243-billion of bonds. South Africa’s State-owned power utility is groaning under almost R500-billion of bond and loan debt, according to... →
On-The-Air (17/05/2019) 
By: Martin Creamer 17th May 2019 The decision of the Energy Minister Jeff Radebe to free up electricity generation is just what the South African economy needs at the moment. Zimbabwe has found the electricity to open a brand new platinum smelter, which was officially launched yesterday. A top economist this week called on all... →
Rebranded Minerals Council reflects the promise of the future
By: Nadine James 17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines – officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... →
Positive reaction to Radebe’s lifting of licence restraints on small-scale power plants
By: Terence Creamer 15th May 2019 Industry has reacted positively to revelations that Energy Minister Jeff Radebe has written to the National Energy Regulator of South Africa (Nersa) indicating that it should begin to license small-scale embedded generation (SSEG) projects with capacities of above 1 MW. Business Day reported on... →
Finding fossil fuel investors is becoming harder, says Hadebe 
By: Kim Cloete 14th May 2019 With a crackdown on carbon emissions, it is becoming increasingly difficult to find investors that support fossil fuels, says Eskom CEO Phakamani Hadebe. “The truth is, how will we fund fossil fuels if we remain on them? The trend in financial markets is that you see fewer and fewer investors... →
Release of updated IRP imminent, says Radebe, as he allays coal producers' fears
By: Kim Cloete 14th May 2019 Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan, which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly". He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on... →
Putting new discoveries on the map
By: Creamer Media Reporter 14th May 2019 A new map, published in 2018, highlights recent major platinum discoveries in South Africa – the Waterberg Project of PTM in the Villa Nora gap and the Ivanhoe “Flatreef” of the Ivanplats mine near Mokopane. Both these discoveries represent massive breakthroughs in raising South Africa’s... →
South Africa urged to use seasonal advantage to secure lower LNG prices from Mozambique
By: Terence Creamer 13th May 2019 South Africa is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil and gas specialist Paul Eardley-Taylor argues. Between 150- to 200-trillion cubic feet of gas has... →
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