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

PetroSA confirms no injuries from fire at Mossel Bay refinery

State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has confirmed it safely contained and extinguished a fire at its gas-to-liquids refinery in Mossel Bay, with no sustained injuries having been reported. The fire broke out at about 18:00 on March 14, and the PetroSA team, together with the Mossel Bay and Garden Route [...]

South Africa’s next energy challenge: A R390-billion grid upgrade

South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390-billion expansion of the national grid so it can connect more power plants. The transmission system is owned, managed and maintained by Eskom, which supplies more [...]

Wesgro launches new domestic tourism campaign

Western Cape trade, investment and tourism promotion agency Wesgro has launched a new campaign to attract tourists to the province. Unlike other recent campaigns, this one, called ‘With Love from the Locals’, is targeted at attracting domestic tourists. “We place immense value on our domestic audience, who remain our largest tourism source market and our [...]

Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM

Shanghai-lised SOLAr photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr project to power a South African mining operation owned by African Rainbow Minerals (ARM). SOLA and WBHO formed a joint venture to execute the Merak 1 project and [...]

Exxaro declares R5.4bn dividends, green energy business thriving

Diversified mining company Exxaro, with interests in the coal, energy, and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and on top of that, the special dividend of R5.72 a share totals some  R2-billion.

New level of Transnet transparency much improved – ARM

Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African Rainbow Minerals (ARM) Ferrous CE André Joubert. Joubert, who was speaking during a question session covered by Mining Weekly, described the industry as being “very active” [...]

Stellenbosch laser physicists to develop protocol for production of high-tech radiopharmaceuticals

Stellenbosch University (SU) and high-tech company Enlightened Isotopes, a subsidiary of ASP Isotopes, have entered into an R8.5-million research partnership to develop a protocol for the separation of the ytterbium-176 isotope, to be used as a radiopharmaceutical in cancer therapy. Worldwide, isotope producing companies are looking for alternative technologies as traditional sources, mostly nuclear reactors, [...]

AfriForum brings urgent application against Rand Water’s water cuts

Civil rights organisation AfriForum has brought an urgent application against Rand Water following the water supplier’s decision to reduce water supply to several municipalities. AfriForum, in its court application, requested an interdict obliging Rand Water to restore full water supply to the municipalities concerned.

Mozambique lays down legislation to govern revenue from natural-gas exports

Mozambique’s council of ministers approved a decree for the nation’s new sovereign wealth fund legislation, governing how one of the world’s poorest nations spends earnings from an estimated $91.7-billion in natural-gas exports in the coming decades. Introducing the law was a key part of an economic program with the International Monetary Fund. It’s an important [...]

Tharisa launches its Redox One energy storage business

Integrated resource group Tharisa has launched its Redox One business, which develops long-term energy storage solutions that incorporate the raw materials produced by Tharisa. The company says its solutions use proprietary proven technology developed over decades, including by the National Aeronautics and Space Agency in the US, to deliver a mine-to-megawatt solution at a fraction [...]

Right things are being done with Transnet, right things will be done with Eskom – Motsepe

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport enterprise Transnet. The executive head of the Johannesburg Stock Exchange-listed ARM is also confident in the direction he believes that State electricity utility Eskom will take.

Go to Top