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Teck Resources taps insider Crystal Prystai for CFO
By: Reuters 30th November 2022 Canada-based mining company Teck Resources said on Tuesday Crystal Prystai has been appointed as chief financial officer and senior vice president. Prystai will succeed Jonathan Price, who was appointed the CEO earlier this year following the departure of company veteran Don Lindsay. Prystai... →
Strong call for rapid green hydrogen investment by ramp-up backer 
By: Martin Creamer 30th November 2022 A strong call for final investment decisions (FIDs) on a multiplicity of green hydrogen projects was made at the South Africa Green Hydrogen Summit in Cape Town yesterday by H2Global, a market ramp-up instrument that serves as an innovative form of subsidy scheme to smooth out bumps along green... →
Hancock reports A$5.8bn profits
By: Esmarie Iannucci 30th November 2022 Unlisted iron-ore major Hancock Prospecting has reported a A$5.8-billion net profit after tax for the 2022 financial year. Net profits after tax for the 2022 financial year compared with the A$7.3-billion reported in 2021 and the A$40.7-billion in 2020. →
LED Lighting Donated to Matolweni Community Crèche
29th November 2022 BEKA Schréder is proud to have been involved in a heart-warming project where LED luminaires were donated to Matolweni Early Childhood Development Centre in Drayini Village, outside of Idutywa, Eastern Cape. The original Matolweni Early Childhood Development Centre was a mud hut crèche. High... →
WA Kaolin raises cash for expansion dreams
By: Esmarie Iannucci 29th November 2022 Junior WA Kaolin will raise A$7.5-million in a capital raise to fund production ramp up and working capital at its Wickepin project, in Western Australia. The share placement will comprise a single tranche share placement of more than 33.33 million shares, priced at 15c each, to sophisticated... →
Tharisa to report y/y improvement in full-year earnings
By: Tasneem Bulbulia 29th November 2022 Platinum group metals (PGMs) and chrome miner Tharisa’s basic earnings per share (EPS) for the financial year ended September 30 are expected to be between $0.53 and $0.54. This is an increase of between 41% and 44% relative to the EPS of $0.37 in the previous year and is after accounting for the... →
Woodside sets production targets, makes progress at Sangomar
By: Esmarie Iannucci 29th November 2022 ASX-listed Woodside Energy has set a production target of 180-million to 190-million barrels of oil equivalent for the 2023 financial year, with liquefied natural gas (LNG) production to make up between 83-million and 85-million barrels of oil equivalent. The company said on Tuesday that it... →
Embedded generation project pipeline stands at 9 GW – Ramaphosa
By: Terence Creamer 28th November 2022 President Cyril Ramaphosa reports that the pipeline of confirmed private embedded generation projects has increased to 100 with a total combined capacity of around 9 000 MW. The President confirmed the figure in a series of written responses to Parliamentary questions posed by Democratic Alliance... →
Komatsu’s electric offering expanded
28th November 2022 Komastu offered a preview into the future of the construction and mining industry, with a huge presence at bauma focused on smart construction and electric machines. The brand’s extensive presence at the event spotlighted nearly 40 pieces of equipment while highlighting Komatsu’s deep... →
Alexkor issues tender for West Coast diamond contract miners
By: Donna Slater 28th November 2022 State-owned diamond miner Alexkor, through its pooling and sharing joint venture (PSJV) with the Alexkor Richtersveld Mining Company (RMC), has issued an expression of interest for contract diamond miners to mine areas along the West Coast of South Africa. Principal qualifying contractors have... →
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