Platinum group metals (PGM) mining and marketing company Anglo American Platinum on Monday declared an interim dividend after achieving results in line with changed guidance. An interim dividend of R3.1-billion for the first half of 2023, in line with the company's dividend policy of a 40% payout of headline earnings.

Electricity Minister Dr Kgosientsho Ramokgopa says he is “worried and also extremely upset” about developments at the Koeberg nuclear power station, where fears have increased that both units could be out simultaneously later this year owing to another Unit 1 outage slip. Speaking during his weekly Energy Action Plan briefing, Ramokgopa said “he was none [...]

Eskom cancelled coal-supply agreements and construction contracts valued at R11-billion, as the South African authorities crack down on crime at the State-owned utility, President Cyril Ramaphosa said. Litigation by Eskom has also had coal-supply agreements worth R3.7-billion declared invalid, and other coal and construction deals worth R10-billion have been set aside, Ramaphosa said in response [...]

It is crucial that State-owned freight rail operator Transnet Freight Rail (TFR) find a solution to its long-standing locomotive supply impasse with Chinese manufacturer CRRC, TFR CEO Siza Mzimela told delegates at the 2023 Coal & Energy Transition Day, on July 18. Outlining the various challenges facing the entity, she pointed out that the dispute [...]

The South African Wind Energy Association (SAWEA) and the Presidential Climate Commission (PCC) have welcomed the release of the draft South African Renewable Energy Masterplan (SAREM), which was developed by the departments of Mineral Resources and Energy (DMRE) and Trade, Industry and Competition (DTIC). Stakeholders have been invited to review and comment on the draft masterplan.

With demand for gold currently off the charts, South Africa has a huge opportunity to recover gold from its surfeit of gold mine dump material at relatively high speed, a mining event in the Golden City heard on Tuesday. With gold supply only increasing 1.5% to 2% a year worldwide and being constrained, South Africa [...]

In a surprise announcement, Eskom said that the utility and its former COO Jan Oberholzer would "part ways by mutual agreement". Last month, Eskom confirmed that it had signed a two-year contract with Oberholzer to oversee key projects at coal-fired power station Kusile and nuclear power plant Koeberg. 

A multi-year public-private partnership to upgrade the Masodi wastewater treatment works (WWTW), in Limpopo, serves as a model for other municipalities to embrace partnerships and collaborations with the private sector for socioeconomic development of their communities. The plant is being upgraded to produce ten-million litres a day by the Mogalakwena local municipality and Ivanplats Mine, [...]

Ten innovative Southern African startups have been awarded financing through the Southern Africa Innovation Bridge Portal Fintech Challenge to advance their solutions, and help improve financial access for underserved communities. The Southern Africa Innovation Bridge Portal is supported by the World Bank and serves to crowd-source new and impactful ways to use the latest innovations [...]

Electricity Minister Dr Kgosientsho Ramokgopa has expressed deep concern that another delay to the return to service of Koeberg Unit 1 could result in both of the nuclear power station’s units being out of service simultaneously later this year. The unit is currently undergoing a long-duration outage that includes the replacement of its three steam [...]

International data and analytics company GlobalData has forecast that the global market for naval uncrewed maritime vehicles (UMVs) would rise from an estimated $1.273-billion this year to more than $3.1-billion in 2033, the total increase expected to amount to more than $1.9-billion. UMVs were subdivided into uncrewed underwater vehicles (UUVs) and uncrewed surface vehicles (USVs). [...]

The earnings of Anglo American Platinum (Amplats) for the first half of this year are expected to be sharply down. Headline earnings and headline earnings per share (HEPS) are likely to decrease by between 65% and 75%. Compared with R26.7-billion in the first half of last year, headline earnings are likely to be between R6.7-billion and [...]