R/€ = 18.9137 Change: 0.0000
R/$ = 17.4678 Change: 0.3841
Au 1865.16 $/oz Change: 0.00
Pt $/oz Change:


Decision on class action proceeding against Anglo now in High Court’s hands

By: Marleny Arnoldi     3rd February 2023 UK-based law firm Leigh Day has confirmed the conclusion of an eight-day hearing in the South African High Court to determine whether a class action lawsuit against diversified miner Anglo American can proceed. The parties expect to hear the court’s verdict and next steps of the proceedings in... 

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... 

New PLC improves demineralisation offering

3rd February 2023 Boiler manufacturer Allmech has been testing a new programmable logic controller (PLC) system with in-house developed software to run its ion exchange demineralisation, or demin, plant, with encouraging results. Demineralisation removes dissolved solids and mineral ions from feed water and... 

New tech boosts energy, operational efficiencies

By: Halima Frost     3rd February 2023 A manganese miner, in the Northern Cape, has reported a double-digit increase in energy and operational efficiencies since it implemented an Integrated Remote Operations Centre (iROC) designed by energy management and automation company Schneider Electric. An iROC is an integrated operations... 

(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. 

Panel unpacks key considerations for increased energy security

2nd February 2023 With the private sector’s combined 9 GW of solar, wind, gas and battery storage projects in the pipeline, persistent loadshedding and an electricity tariff increase of 18.65% from April 1, it is more important than ever that entities such as Eskom, the Independent Power Producer (IPP) Office and... 

Mkango and CoTec sign loan and equity investment agreements

By: Creamer Media Reporter      1st February 2023 Dual-listed rare earths developer Mkango Resources said on Tuesday that it had signed definitive agreements with Canada-based mining issuer CoTec Holdings for a £2-million convertible loan, a £1.5-million equity investment in Maginito, and subject to closing, a cooperation agreement regarding... 

Kibo struggles to dispose of coal assets, progresses multiple renewable projects

By: Marleny Arnoldi     1st February 2023 Dual-listed renewable energy developer Kibo Energy has made notable progress on various projects since announcing its refocused renewable energy strategy in 2021, and expects to see several new revenue streams realise in the next 12 to 24 months. However, the company has struggled to exit coal... 

Good grade uplifts Harmony’s gold output 

By: Martin Creamer     1st February 2023 Despite the ongoing electricity shortages and supply chain disruptions, the total gold production of Harmony Gold has increased quarter-on-quarter, the Johannesburg- and New York-listed company, which will be presenting at next week’s Investing in African Mining Indaba in Cape Town, stated on... 

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