ConCourt shoots down govt appeal over BEE in Covid-19 tourism funds case
SA's highest court has declined to hear an application for leave to appeal a lower court's ruling that found the state was wrong to include Broad-based Black Economic Empowerment (B-BBEE) as a criterion to access Covid-19 relief grants in the tourism sector. In April 2020, as the Covid-19 pandemic caused local and international tourism to [...]
Afrimat Nkomati Anthracite opens newly renovated, extended Steenbok Clinic
Completed in January, the newly renovated and extended Steenbok Clinic, in Steenbok, Mpumalanga, was recently opened to the public following a partnership to renew it by JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat, the Mpumalanga Health Department and the Department of Mineral Resources and Energy. Afrimat’s Nkomati Anthracite mine, in Mpumalanga, officiated [...]
New cadastral system can be rolled out by end-2023, but problems will linger – Langenhoven
South Africa can have a working cadastral system by the end of the year, says a hopeful Minerals Council South Africa chief economist Henk Langenhoven. A minerals cadastre lists available mining or prospecting rights, properties currently under a mining or prospecting right and the expiry of currently held rights and the ownership thereof.
Ramaphosa determined to remove all impediments in way of sustained mining growth
The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where it drew full auditorium applause. In addition, Minerals Council South Africa welcomed the President’s interventions into removing obstacles curtailing mineral exploration, [...]
Seriti Green comes in for praise during Eskom, Minerals Council fireside chat
The coal-to-renewables initiative of Seriti Green, the 91% black-owned and black-controlled Seriti Coal associate, came in for special praise at the interesting fireside chat between outgoing Eskom CEO André de Ruyter and outgoing Minerals Council South Africa CEO Roger Baxter on the second day of the Investing in African Mining Indaba. Seriti Green is building [...]
What Africa needs to go green is finance
From sunshine to rare minerals to a youthful population, Africa has the raw ingredients to make the green transition. Now it needs the finance. Take power. Exceptionally strong sun and vast swathes of desert mean Africa is the region with the highest solar generation potential over the long term, according to calculations by the World [...]
Energy transition offers great opportunities to Africa, but constraints are significant
The global transition to low- and zero-carbon energy sources was a once-in-a-generation opportunity for Africa, just as the original Industrial Revolution had been for the West, highlighted Bushveld Minerals CEO Fortune Mojepalo at the Invest in African Mining Indaba 2023 conference in Cape Town. He was participating in a panel discussion. It had been estimated, [...]
Eskom’s survival depends on debt relief and tariffs, CEO says
Eskom needs debt relief in combination with tariff increases to survive, said CEO Andre de Ruyter, who has led the utility for three years as South Africa’s power outages have intensified. The continent’s most-industrialised nation has had 100 straight days of electricity cuts because of supply shortages largely caused by unreliable coal-fired power plants. Fixing [...]
Agri SA reiterates warning of food shortages, price spikes as loadshedding continues
Industry body Agri SA has implored President Cyril Ramaphosa to address food security in his State of the Nation Address on February 9, given that the agricultural sector has lost more than R23-billion in the nine months ended September 30, 2021, as a result of loadshedding. Agri SA has also submitted a letter to the [...]
Harmony looks to green hydrogen, LNG for power
South Africa's biggest gold miner Harmony Gold is exploring options, including hydrogen and natural gas, to cut its dependence on state utility Eskom, its CEO said on Monday. Miners in South Africa are under pressure to find alternatives from investors anxious to meet goals on reducing carbon emissions and because Eskom's coal-fired power plants often [...]
Mining countries being helped to build critical mineral supply chains
The United States of America wants to support mineral producing countries to build enabling environments for investment throughout the critical minerals supply chain and not just focusing on extraction alone. This was stated by US Under Secretary of State for economic growth, energy and environment Jose W Fernandez in his address to the Investing in [...]
Minerals Council's Roger Baxter encouraged by board-level engagement with Transnet
Minerals Council South Africa CEO Roger Baxter said on Monday that the council is encouraged by the board level engagement it has undertaken so far with State rail enterprise Transnet and is hoping that this engagement will deliver some very specific results in stabilising rail performance in the short term. Baxter said this in delivering [...]