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Ramaphosa determined to remove all impediments in way of sustained mining growth 

By: Martin Creamer     7th February 2023 The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where it drew full auditorium applause. In addition, Minerals Council South Africa... 

Seriti Green comes in for praise during Eskom, Minerals Council fireside chat 

By: Martin Creamer     7th February 2023 The coal-to-renewables initiative of Seriti Green, the 91% black-owned and black-controlled Seriti Coal associate, came in for special praise at the interesting fireside chat between outgoing Eskom CEO André de Ruyter and outgoing Minerals Council South Africa CEO Roger Baxter on the second day... 

What Africa needs to go green is finance

By: Bloomberg     7th February 2023 From sunshine to rare minerals to a youthful population, Africa has the raw ingredients to make the green transition. Now it needs the finance. Take power. Exceptionally strong sun and vast swathes of desert mean Africa is the region with the highest solar generation potential over the long term,... 

Blackouts may cost South Africa R899m a day, Reserve Bank says

By: Bloomberg     7th February 2023 South Africa’s electricity crisis is costing the economy as much as R899 million a day, according to central bank estimates. Rolling blackouts of about 6 to 12 hours a day, or so-called Stage 3 and Stage 6 outages, detract between R204-million and R899 million from the economy daily, the South... 

Harmony looks to green hydrogen, LNG for power

By: Reuters     7th February 2023 South Africa's biggest gold miner Harmony Gold is exploring options, including hydrogen and natural gas, to cut its dependence on state utility Eskom, its CEO said on Monday. Miners in South Africa are under pressure to find alternatives from investors anxious to meet goals on reducing carbon... 

Rapid renewables roll-out key to tackling loadshedding, but OCGTs ‘only short-term defence'

By: Terence Creamer     6th February 2023 An increased use of the diesel-fuelled open cycle gas turbines (OCGTs) represents South Africa’s only short-term defence against higher levels of economically damaging loadshedding, a new analysis of the country’s power crisis shows. However, the new Meridian Economics briefing note also makes a... 

Minerals Council's Roger Baxter encouraged by board-level engagement with Transnet 

By: Martin Creamer     6th February 2023 Minerals Council South Africa CEO Roger Baxter said on Monday that the council is encouraged by the board level engagement it has undertaken so far with State rail enterprise Transnet and is hoping that this engagement will deliver some very specific results in stabilising rail performance in the... 

Record year for mineral production marred by persistent issues, Minerals Council says

By: Tasneem Bulbulia     6th February 2023 The value of South African mineral production achieved a record high for the second consecutive year in 2022, but underlying mining’s considerable contribution to the country’s economy and its citizens, warning lights are flashing for the sector because of constrained transport logistics,... 

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.... 

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... 

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