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

TFR welcomes prison sentences for convicted cable thieves

State-owned Transnet Freight Rail (TFR) has welcomed the recent arrest and conviction of four men for theft of essential infrastructure on its rail network. The Thabazimbi Regional Court on May 31 sentenced the four men to 49 years each for various charges related to the theft of essential infrastructure from the railway line between Northam [...]

Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the record $3-trillion invested in energy sources in 2024 will be devoted to sectors such as renewables, electric vehicles, nuclear power, grids, storage and efficiency, even as [...]

Eskom confirms conviction of suspect found tampering with infrastructure at Matla

State-owned power utility Eskom reports that one of the two accused suspects in a case involving critical infrastructure tampering has been convicted at the Kriel Magistrate Court and sentenced to ten years’ imprisonment. The two suspects were arrested on February 24, 2022, on suspicion of stealing copper bars and installed copper at a substation in [...]

Green Connection petitions court to ‘force’ Nersa, DMRE to supply Karpowership information

Environmental activist nonprofit organisation the Green Connection has taken the National Energy Regulator of South Africa (Nersa) and the Department of Mineral Resources and Energy (DMRE) to court in an effort to “force” them to supply key information regarding the Karpowership deals. Karpowership uses powerships, or floating power plants, that can anchor at ports and [...]

South Korea, African countries sign agreements on minerals, exports

Nearly 50 deals and agreements have been signed during South Korea's first summit with leaders from 48 African countries to cooperate in areas such as mining, energy and manufacturing, South Korea's industry ministry said on Wednesday. Hyosung Corp, a South Korean conglomerate, signed a contract to supply electric transformers to Mozambique worth $30-million, the ministry [...]

First call applications for R400m junior mining exploration fund close July 12

The first call applications for the R400-million junior mining exploration fund (JMEF) close on July 12. This was stated on Tuesday in a media release issued by the Department of Mineral Resources and Energy (DMRE), in partnership with the Council for Geoscience (CGS) and the Industrial Development Corporation (IDC).

NNR hosts new round of talks with public over Koeberg’s life extension

The National Nuclear Regulator (NNR) has started with another round of hearings on June 3, owing to concerns about the last consultation process having been insufficient. The regulator conceded that the public required more information, but only after civil society organisations such as Southern African Faith Communities’ Environment Institute (Safcei) voiced its dissatisfaction with the [...]

Global airline profitability up for this year – but so are airline expenses

At its annual general meeting in Dubai, the global representative body for the airline industry, the International Air Transport Association (IATA), announced that its profitability forecast for the worldwide airline sector this year was now higher than it had been in its previous two forecasts. These previous profitability forecasts for 2024 had been issued in [...]

Petrol, diesel prices set for big decrease

The Department of Mineral Resources and Energy has announced that both grades of petrol – 93 and 95 – will decrease by R1.24 a litre, with effect from June 5. Diesel prices will also decrease by between R1.08 and R1.18 a litre.

Global renewable energy commitments fall short of COP28 targets

Although Nationally Determined Contributions (NDCs) are key to decarbonisation, current NDCs only amount to 1 300 GW, or 12%, of the renewable energy capacity needed to meet the objective of tripling renewable energy as set at the COP28 conference. At COP28, nearly 200 countries pledged to triple the world’s renewable power capacity this decade, which is [...]

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