R/€ = 16.18 Change: -0.08
R/$ = 14.55 Change: -0.11
Au 1276.61 $/oz Change: 4.46
Pt 879.07 $/oz Change: -11.80


Exploration trends likely to improve significantly in West Africa

By: Mamaili Mamaila     12th April 2019 While mining progress in West Africa will vary from country to country, with one or two discrete discoveries, developments often set significant change into motion, says engineering consulting company SRK Consulting South Africa partner and principal consultant Andrew van Zyl. Recent studies have... 

Cost of decarbonising global energy system falls sharply, new report shows 

By: Terence Creamer     9th April 2019 Rapidly falling renewable-energy costs, together with emerging opportunities to electrify other energy end-uses such as transportation and heating, are continuing to reduce the investment premium associated with placing the world on a more climate-friendly path, a new international report... 

Norway wealth fund to tighten coal ban, add green infrastructure

By: Bloomberg     5th April 2019 Norway plans to tighten restrictions on coal investments for its $1-trillion sovereign wealth fund while opening it up for renewable-energy infrastructure assets. The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation,... 

South Africa well positioned to have the best of both carbon worlds for decades to come

By: Martin Creamer     5th April 2019 South Africa is in the good position of having a promising coal export outlook as well as superior sun and prime wind to bolster its renewable energy prospects. South Africa is in a relatively unrivalled position to simultaneously come off coal gradually over decades and to come on to renewable... 

MMG joins Glencore, ERG in reviewing Congo plans after tax hike 

By: Bloomberg     4th April 2019 Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor safeguards despite industry protests. MMG, the Chinese-owned copper producer, is considering whether to invest in more expensive methods... 

Minerals Council South Africa should now publish national chrome strategy as platinum strategy follow-on

By: Martin Creamer     22nd March 2019 Maximising South Africa’s platinum group metals (PGMs) endowment through the development of a national platinum strategy is key and Minerals Council South Africa must take a bow for publishing its 14-page PGMs roadmap. Now it should do the same thing for South Africa’s chrome ore endowment, in... 

Mining’s eyeing of renewable energy alternatives will intensify with 13.82% electricity tariff award

By: Martin Creamer     15th March 2019 Just about every mining company you speak to these days has renewable energy in its sights and all report that initial indications are that solar power installations beat the Eskom tariff – and that was before the National Energy Regulator of South Africa (Nersa) granted its latest tariff... 

Multibillion-dollar Zim PGMs project making progress 

By: Natasha Odendaal     8th March 2019 In the heart of the Great Dyke of Zimbabwe, within the world’s second-largest known platinum group metals (PGMs) deposits, exploration has started on the 23 903 ha mining area of the Karo platinum project. One year after Cyprus-based Karo Mining signed the $4.2-billion deal to develop the latest... 

Opinion: If there are more jobs in renewables, why are coal miners so unhappy?

By: Tobias Bischof-Niemz     8th March 2019 As outlined previously, an electricity system made up of solar photovoltaic (PV) plants, wind farms and flexible generators will employ at least 30% more people than a comparable energy-equivalent coal fleet (see the Transition Talk column in the February 22-28 edition of Engineering News). This... 

Radebe says South Africa has no intention of renegotiating renewables PPAs

By: Terence Creamer     24th February 2019 Energy Minister Jeff Radebe says government has no intention of renegotiating the power purchase agreements (PPAs) for renewable-energy projects procured in 2011 and 2012, but has left the door open for a “refinancing” of the projects in the interest of lowering the cost of the plants to the... 

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