R/€ = 18.3372 Change: 0.0216
R/$ = 17.4975 Change: 0.0380
Au 1769.52 $/oz Change: 0.82
Pt 992.50 $/oz Change: -7.74


Eskom diesel plan will be announced in the coming days, says Gordhan 

By: News24Wire      23rd November 2022 A plan to deal with Eskom's diesel crisis will be announced in the coming days, Public Enterprises Minister Pravin Gordhan told Parliament on Wednesday. Eskom said last week that it had overspent its budget for diesel and had no more cash to buy new stocks until 1 April. Diesel is used to run... 

China climate advisers say more coal needed for energy security

By: Bloomberg     18th November 2022 China’s plans to add to its world-leading fleet of coal power plants are a short-term Band-Aid to address energy security concerns and don’t represent a shift in emissions policies, according to members of the team representing the nation at the COP27 summit. New plants are being planned to... 

World unlikely to resolve copper deficit soon – CDAA

By: Tracy Hancock     18th November 2022 While the improved management of copper scrap recycling is crucial to supplement future mined supplies to address the world’s seemingly perpetual copper deficit, copper cable theft continues to be a hindrance locally, says local copper industry representative Copper Development Association Africa... 

Eskom presents 6 000 MW fleet recovery plan, but describes 75% EAF target as ‘daunting’

By: Terence Creamer     15th November 2022 Electricity utility Eskom has outlined a plan to deliver 6 000 MW of much-needed capacity over the coming two years from its own fleet, primarily by recovering production at six underperforming coal stations and also by completing its much-delayed build programme. However, the utility again... 

Opinion: African minerals are critical for the green energy transition

15th November 2022 In this article, Konrad-Adenauer-Stiftung – South African Institute of International Affairs scholar Danielle Marais writes about the importance of Africa's mineral resources for the global green energy transition. 

CSIR statistics underline how significantly loadshedding has intensified during 2022  

By: Terence Creamer     14th November 2022 Statistics released by the Council for Scientific and Industrial Research (CSIR) underlined how significantly loadshedding has intensified during 2022, which is the first year that the majority of the rotational cuts have been implemented at Stage 4, representing 4 000 MW of simultaneous cuts. It... 

China has links to dozens of Canadian miners tied to critical minerals

By: Bloomberg     14th November 2022 China has built up stakes in more than two dozen Canadian mining companies, including some of the industry’s biggest names. Canada’s latest crackdown on foreign investments in critical minerals is about to put a chill on such activity. At least 27 public companies including Teck Resources,... 

Arafura confirms Nolans economics as it readies for FID

By: Esmarie Iannucci     11th November 2022 ASX-listed Arafura Rare Earths on Friday confirmed the economics of the Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory, following the signing of a binding offtake agreement with Hyundai Motor Company and Kia Corporation earlier this week. Capital costs for the project... 

Three-millionth valve controller sold

11th November 2022 Last month, global designer and manufacturer Emerson announced that a customer in China has recently purchased the three-millionth Fisher FIELDVUE digital valve controller for use in the water treatment pressure control valve in a membrane plant. A digital valve controller helps regulate and... 

Eskom’s new grid plan says 53 GW of new generation capacity must be connected by 2032 

By: Terence Creamer     11th November 2022 Eskom’s latest Transmission Development Plan (TDP2022) includes assumptions that deviate materially from those contained in the outdated Integrated Resource Plan of 2019 (IRP2019) and points to the need for a significant acceleration in grid-related investments to facilitate the integration of 53... 

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