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Cyprium to raise A$35m for Nifty restart

By: Esmarie Iannucci     6th February 2023 ASX-listed Cyprium Metals has announced plans to raise A$35-million to support the restart of its Nifty copper project, in the Pilbara. The company has received firm commitments for the placement of 318.6-million shares from sophisticated and institutional investors, at a price of 11c a share.... 

A new era beckons for mining finance

3rd February 2023 By Chetan Jeeva, Head SA Corporate Lending, Absa CIB While its contribution to GDP may have declined over time, the South African mining and resources sector is a systemically important part of the domestic economy. As such, continued innovation from operators, explorers, and financiers will be... 

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... 

ICT sector can help sub-Saharan Africa slash emissions by 15% by 2030 – Ericsson

By: Natasha Odendaal     3rd February 2023 The information and communications technology (ICT) sector has a significant role to play in helping sub-Saharan Africa achieve its various climate targets, says Ericsson head of sustainability and corporate responsibility Ayub Osman. There is an urgent need to reduce the wide-ranging impact of... 

Correct lighting solution can help maximise energy savings

By: Simone Liedtke     3rd February 2023 As companies worldwide have become obliged to implement energy-saving methods, the growing popularity of light-emitting diodes (LEDs) in a variety of lighting applications has dominated the industry, including in mining operations, says lighting manufacturer BEKA Schréder industrial branch... 

Accelerated action needed to ensure safe drinking water, sanitation, hygiene for all

By: Natasha Odendaal     3rd February 2023 The latest findings from a World Health Organisation (WHO) and United Nations (UN) Water report show an urgent need to accelerate action in many countries to achieve safe and sustainably managed water, sanitation and hygiene (Wash). The Global Analysis and Assessment of Sanitation and Drinking... 

Dunlop looking to sponsor township startups

By: Irma Venter     3rd February 2023 Tyre manufacturer Sumitomo Rubber South Africa (SRSA) is on the hunt for 48 township entrepreneurs who could qualify for startup support to run their own local tyre centres. SRSA is the manufacturer of the Dunlop brand and has launched the business-in-a-box concept as an extension of its Dunlop... 

(Almost) Wholly Sustainable

By: Irma Venter     3rd February 2023 The Goodyear Tire & Rubber Company has unveiled a demonstration tyre comprised of 90% sustainable materials.  This demonstration tyre has passed all applicable regulatory testing in the US, as well as the company’s internal testing procedures. 

Taxing issue?

By: Terence Creamer     3rd February 2023 Unlike President Cyril Ramaphosa, who has requested the Eskom board to act unlawfully by not implementing a tariff decision arrived at by an independent regulator, various opposition parties and civil society groupings have, quite correctly, taken the matter to court for adjudication. The courts... 

Adelaide Ruiters Mining And Exploration

By: Simone Liedtke     3rd February 2023 In furthering its hopes and ambitions for South Africa’s phosphates and agriculture sectors, junior miner Adelaide Ruiters Mining & Exploration (ARME) continues to advance its 37. 4-million-tonnes Zandheuvel Sedimentary Phosphate Mining and Beneficiation Project, in South Africa’s Saldanha Bay,... 

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