Steep petrol price hike announced for Wednesday; diesel also pricier
Petrol prices will jump on Wednesday amid a supply crunch worldwide, the Department of Mineral Resources and Energy announced on Monday night. The price of both 95 and 93 unleaded petrol will be hiked by R1.27 a litre, while diesel will go up by between 30c and 32c.
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 [...]
Business resiliency the reason South Africa’s economy is persevering – Jammine
Despite South Africa’s economy being “not a great environment” currently, economic consultancy Econometrix director and chief economist Dr Azar Jammine said South African business has shown typical resilience, ensuring “things are not collapsing completely”. Speaking at the yearly post-Budget breakfast event hosted by construction materials company AfriSam on February 24, he said business resilience gave him [...]
Trust, engagement key to bridging gap between science and media
There is a gap between the media and scientists, which impacts on the way that information is shared between the two entities and then disseminated to the public; however, there are measures that can be undertaken on both sides to bridge this. This was indicated by speakers during the Oppenheimer Generations Research and Conservation’s webinar [...]
De Ruyter must not 'throw a stone in the bush and hope an animal will run out' – Mantashe
Mineral Resources and Energy Minister Gwede Mantashe says that former Eskom CEO André de Ruyter "must not throw a stone in a bush and hope an animal will come out" - he must name the politicians he claimed were corrupt. Mantashe was briefing Parliament's portfolio committee on mineral resources and energy on Friday. He was asked [...]
De Ruyter must not 'throw a stone in the bush and hope an animal will run out' – Mantashe
Mineral Resources and Energy Minister Gwede Mantashe says that former Eskom CEO André de Ruyter "must not throw a stone in a bush and hope an animal will come out" - he must name the politicians he claimed were corrupt. Mantashe was briefing Parliament's portfolio committee on mineral resources and energy on Friday. He was asked [...]
Global EV charging market to generate $300-billion by 2027 – research report
A new study from Juniper Research has found that revenue from electric vehicle (EV) charging will exceed $300-billion globally by 2027, up from $66-billion in 2023. The report – ‘EV Charging: Key Opportunities, Regional Analysis & Market Forecasts 2023-2027’ – also found that fragmentation in charging networks is restricting EV adoption.
De Beers delivers excellent set of 2022 results
Diamond company De Beers last year delivered a revenue of $6.6-billion and earnings before interest tax depreciation and amortisation (Ebitda) of $1.4-billion built on operational excellence across its producing assets. Rough diamond production increased by 7% to 34.6-million carats, reflecting strong operational performance and higher planned levels of production to meet continued strong demand for [...]
Godongwana receives praise for energy incentives, but rising debt a concern
In response to the Budget Speech delivered by Finance Minister Enoch Godongwana on February 22, a number of organisation have lauded the incentives that were announced to help businesses and households install renewable energy systems. However, many also flagged rising debt, with government taking over R254-billion of State-owned Eskom’s debt to help it restructure, as [...]
Rolls-Royce reports improved results for 2022
UK-based global major power and propulsion systems group Rolls-Royce released its results for 2022 on Thursday. It reported that last year it had recorded improvements in its orders, revenue, profit and cash flow. It also reduced its net debt. The group reported underlying revenues for last year of £12.691-billion (as against £10.947-billion in 2021) and [...]