R/€ = 19.42 Change: 0.06
R/$ = 17.44 Change: 0.10
Au 1742.39 $/oz Change: 21.30
Pt 840.85 $/oz Change: 8.91


Raubex divisions see return to profitability

By: Simone Liedtke     29th May 2020 Infrastructure development and construction materials supply group Raubex managed to maintain sufficient capacity to participate in any improvement in the sector, while simultaneously undertaking rightsizing initiatives has seen the company’s roads and earthworks division return to profitability.... 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Kibo shareholders to vote on reorganisation of share capital as Covid-19 disrupts operations

By: Donna Slater     15th May 2020 Owing to the adverse impact of the Covid-19 pandemic on international business and the uncertainty surrounding the global economic outlook, Africa-focused energy company Kibo Energy is re-evaluating its business plans, partly involving the potential reorganisation of its share capital. The share... 

Kibo increases Mozambique land holding to expand energy projects

By: Donna Slater     12th May 2020 Africa-focused energy company Kibo Energy has acquired 345 ha of land adjacent to its Benga power plant project, in Mozambique's Tete province. Alongside hosting a 150 MW to 300 MW thermal power plant, which is being developed as part of a joint venture agreement with local energy company... 

BP mulls green hydrogen in Australia

By: Esmarie Iannucci     8th May 2020 Energy major BP Australia has been awarded A$1.71-million in funding from the Australian Renewable Energy Agency (ARENA) to assess the feasibility of building a renewable hydrogen and ammonia production facility in Geraldton, Western Australia. BP is undertaking a A$4.42-million feasibility... 

Australian government establishes A$300m hydrogen fund

By: Esmarie Iannucci     4th May 2020 The Australian government has announced the establishment of a A$300-million Advancing Hydrogen Fund that will finance projects focused on growing a clean, innovative and competitive hydrogen industry in Australia. The fund will back projects that align with priorities under the National... 

Renewable energy law proves 20 years success

1st May 2020 Since the introduction of the German Renewable Energies Act (EEG), the share of renewable energy in gross power consumption in Germany has continually increased from 6.2% in 2000 to 42.1% in 2019.  

Energy uncertainty an opportunity for private sector

By: Theresa Bhowan     1st May 2020 Owing to power generation and energy supply uncertainty in South Africa, renewable-energy solutions provider Economic Development Solutions (EDS) believes that this creates opportunities for private-sector participation in energy supply. 

Eskom says all repurposing options on table for Komati, Hendrina and Grootvlei 

By: Terence Creamer     28th April 2020 State-owned power utility Eskom insists that all options are on the table as it considers proposals for the repurposing of three coal-fired power stations – Komati, Hendrina and Grootvlei – that are scheduled to cease producing electricity between 2022 and 2026. The utility issued an expression... 

Miners will weather the year, despite Covid-19, says Fitch

By: Simone Liedtke     24th April 2020 While Fitch Solutions Macro Research has long held the view that major miners are better positioned to weather unexpected storms, grow further and tackle new challenges, the ratings agency has questioned whether this would be the case with the Covid-19 pandemic – which brings with it operational... 

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