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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... 

Eskom task team mulling new debt-relief options as it comes to terms with depth of crisis  

By: Terence Creamer     10th May 2019 The Eskom Sustainability Task Team – which has already had its proposal for the unbundling of the utility into three separate units accepted by government – is now finalising an updated report for President Cyril Ramaphosa which will include a financial recovery plan for the State-owned entity.... 

Low morale, management turnover hit Lonmin output

By: Martin Creamer     10th May 2019 Low morale and high management turnover hit the operational performance of Lonmin heavily in the six months to March 31. In reporting a 4%-reduced workforce to 29 812, Lonmin CEO Ben Magara reiterated his conviction that the consolidation of the company through the all-share Sibanye-Stillwater... 

Eskom, Nersa must not be allowed to stand in way of mining companies creating own sources of more reliable, cheaper power

By: Martin Creamer     10th May 2019 Several mining companies are keen to generate their own electricity from renewable energy sources. In most instances, renewable energy companies are prepared to build solar power plants and wind energy plants on mine sites provided the mining companies enter into offtake agreements. Banks are... 

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