News2018-08-01T16:20:10+01:00

North West provincial govt sets its sights on solar panel manufacturing opportunity

North West has the potential to attract at least R50-billion worth of investment in the renewable energy sector, in addition to the private sector renewables investments that are already under way, Premier Bushy Maape has said. He noted during his State of the Province Address last week that the province’s executive council has resolved to [...]

WBHO swings to interim profit of R354m

After incurring a loss of R1.5-billion for the six months ended December 31, 2021, JSE-listed building and engineering contractor Wilson Bayly Holmes Ovcon (WBHO) swung to a profit of R354-million in the six months ended December 31, 2022. The company says its South African operations has demonstrated positive growth, while the group order book of R27-billion remaining solid.

Junior miner allocations won't impact existing manganese slots – TFR

State-owned rail operator Transnet Freight Rail (TFR) says its opening of rail capacity allocations to junior miners will not impact existing guaranteed manganese miner export allocations. As part of what it says is an expansion of rail capacity allocation and efforts to create a more inclusive and competitive environment, Transnet awarded six new entrants with [...]

Karpowership demands retraction from De Ruyter, denies it is corrupt

Karpowership, the Turkish company seeking to supply power to South Africa, said it will demand a retraction from Andre de Ruyter, the former chief executive officer of Eskom Holdings SOC Ltd., because it said he had inferred the firm was corrupt. The company, which generates electricity from ship-mounted, gas-fired power plants, in 2021 won about [...]

Sibanye-Stillwater records third-best earnings as it celebrates tenth anniversary

This month ten years ago, Sibanye Gold Limited was unbundled by Gold Fields Limited and listed on the JSE and the NYSE as an independent company with three deep level South African gold mines and a market capitalisation of R10-billion. Today, the group, headed by CEO Neal Froneman, has evolved into multinational diversified mining and [...]

Higher commodity prices failing to spur fixed mining investment

The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment consequences, Minerals Council South Africa states in its Facts & Figures Pocketbook 2022. This is glaringly evident in exploration, which, the Minerals Council adds, has virtually ground to [...]

State of disaster regulations open way for emergency procurement, environmental exemptions

More than two weeks after President Cyril Ramaphosa announced that the electricity crisis had been declared a National State of Disaster, the regulations giving effect to that declaration have been Gazetted. In a statement issued on February 28, it was confirmed that the regulations were approved following a sitting of the President’s Coordinating Council, as [...]

Hive Energy announces Chile green hydrogen project, to parallel its South African one

UK-based green energy company Hive Energy (Hive), which has a major green hydrogen and green ammonia project pipeline in South Africa, has announced that it has entered a joint venture (JV) with the Transitional Energy Group (TEG), to develop the $8-billion Gente Grande green ammonia project in the Chilean part of Tierra del Fuego, at [...]

Trackless mobile machine safety next big challenge, says Minerals Council

Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South African mining suffered 16 trackless mobile machine-related fatalities [...]

Trackless mobile machine safety is next big challenge, says Minerals Council South Africa

Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – mobile rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South African mining suffered 16 trackless mobile machine-related [...]

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