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SRK Consulting highlights Northern Cape mining potential following Joburg Indaba

By: Simone Liedtke     26th October 2020 The Northern Cape’s potential gained considerable mention at the recent Joburg Indaba mining conference as the prospects of South Africa’s minerals sector start to brighten. “It was encouraging to hear a similar message from major mining companies and juniors alike – that there is still... 

Transnet revamping concessions model to speed up private involvement in rail and ports 

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Massive grid investment needed to unlock IRP’s 30GW-by-2030 vision  

By: Terence Creamer     20th October 2020 State-owned electricity utility Eskom is warning that a significant and accelerated expansion of South Africa’s grid infrastructure, beyond that catered for by its current R118-billion investment plan to 2030, is required to integrate the 30 GW of mainly wind and solar generators that will have... 

BHP ditches $2bn Olympic Dam expansion plan

By: Mariaan Webb     20th October 2020 Global diversified miner BHP has indicated that it will not proceed with the $2.1-billion brownfield expansion (BFX) project at its Olympic Dam mine, in South Australia, saying that the project's economics have encountered “challenges”. The BFX option, which was first announced in 2017, focused... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025

By: Reuters     16th October 2020 China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron-ore deposit into production by 2025, chairmperson Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project. The consortium - which includes Société Minière de Boké... 

Minerals Council bemoans lack of competiveness focus in economic recovery plan 

By: Marleny Arnoldi     16th October 2020 The Minerals Council South Africa says the Economic Reconstruction and Recovery Plan – unveiled by President Cyril Ramaphosa on October 15 to a joint hybrid sitting of Parliament – does not go far enough in addressing areas where South Africa can improve its global competitiveness. While the... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

Conclusions & Recommendations of the review of Senegal’s mining code (2016) to be made at the SIM Senegal Virtual Mining Summit

8th October 2020 In the continued efforts to showcase Senegal’s mining sector, and leading up to the SIM Senegal International Mining Conference & Exhibition (SIM Senegal 2021), the Ministry of Mines and Geology in association with AME Trade Ltd will be hosting the SIM Senegal Virtual Summit on 3-4 November 2020.... 

Energy expert calls for RMIPPPP overhaul to facilitate cheaper, cleaner emergency power 

By: Terence Creamer     8th October 2020 Energy expert Clyde Mallinson is calling on government to urgently overhaul its Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), which he says not only fails to address the country’s immediate electricity needs, but will also lock in dirty and expensive energy for the... 

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