Energy & Mining Trends 2018

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Landmark investment to transform Mozambique into natural gas supplier

Mozambique's Coral Floating Liquefied Natural Gas (FLNG) development has received an approximately $8 billion investment, marking the first step for Mozambique to become a regional and global offshore natural gas producer and supplier...

12 hours ago

With cheap solar and wind power, is it time to rethink 'energy efficiency'?

The need to cut emissions from the energy sector has motivated the use of hydro, solar and wind power, and the development of more efficient buildings that consume less energy...

By Nicholas Good and Eduardo Martínez Ceseña 10 hours ago

SA wind energy industry anticipates conclusion of outstanding PPAs in Q1

The South African Wind Energy Association (SAWEA), together with the broader renewable power sector, anticipates the conclusion of the 26 outstanding power purchase agreements (PPAs) in the first quarter of 2018. ..

3 days ago

Golden handshake for Eskom boss on table

Embattled electricity producer Eskom, which has described its financial situation as "very dire", is in secret discussions to terminate the employment of controversial executive Matshela Koko...

By Sikonathi Mantshantsha 3 days ago

Scania-PPC construction deal ensures efficient work

Investments continue to be made in construction-related equipment in spite of the fact that the industry is predicted to continue to experience moderate growth over the next few years...

3 days ago

Lonmin warns of debt-covenant levels being breached due to impairment

Lonmin, one of the world's major platinum producers, has warned its debt-covenant levels, which have been temporarily suspended, will be breached because of an impairment of its assets...

By Allan Seccombe 3 days ago

South32 cranks up manganese production

Diversified miner South32 produced 8% more manganese from its local mines in the six months to December than it previously forecast, enabling it to take advantage of favourable prices...

3 days ago

McKinsey strongly denies corruption allegations concerning Eskom and Trillian point by point

Global consultancy McKinsey has strongly denied allegations that it was involved in corrupt efforts to milk Eskom of hundreds of millions of rand...

By Linda Ensor 18 Jan 2018

Letšeng mine produces massive diamond

An exceptional quality 910 carat, D colour Type IIa diamond was recovered from the Letšeng mine in Lesotho...

17 Jan 2018

Global fusion project looks at recreating the sun's energy

More than one million (estimated) manpower hours by 400 scientists from across the globe created the Wendelstein 7-X, a machine that could be capable of replicating the reaction that powers the sun, but using plasma.

16 Jan 2018

How blockchain can democratise green power

Imagine buying a solar panel from a hardware store, mounting it on your roof, then selling the green electricity you produce at a price you set...

By Srinivasan Keshav 15 Jan 2018

New dams in Africa could add risk to power supplies down the line

In the 1980s and 1990s parts of Africa saw a surge in dam building for energy production. After a brief hiatus there has been renewed interested. Many new construction projects are planned and underway across sub-Saharan Africa...

By Declan Conway 15 Jan 2018

Why choosing the right insurance formula is essential to mining projects

The turnaround in the mining and resources sector was predicted by the World Bank in early 2017...

15 Jan 2018

One person shot dead in protest at RBPlat mine on Wednesday night

A person was shot dead near Royal Bafokeng Platinum's (RBPlat's) North Shaft on Wednesday evening, during a protest by about 100 people including former employees of the company...

By Allan Seccombe 12 Jan 2018

Eskom continues to block Daniels

After more than three months, Eskom's suspended head of legal and compliance, Suzanne Daniels, will have to wait another month to continue her battle to be reinstated...

By Sikonathi Mantshantsha 12 Jan 2018

Surging zinc set to retain strong price

The zinc price is at a decade high and the outlook is for it to stay strong for much of 2018...

12 Jan 2018

SustainPower delivers locally manufactured biogas power generator to ibert

SustainPower, together with Unique Hydra, recently delivered a locally manufactured biogas electrical power generator to ibert, a Southern Africa biogas company...

12 Jan 2018

#BizTrends2018: Seven digital trends rocking the mining world

Ever since mankind started pulling minerals out of the ground, it's been a labour intensive, dangerous job, with the majority of innovations being mechanical means of going deeper to extract more...

11 Jan 2018

Ore dump pollution whips up new storm

Port Elizabeth Harbour tenants are fighting mad about a new wave of air pollution from Transnet's two manganese ore facilities which is damaging property and business opportunities. It is also a health threat...

By Guy Rogers 11 Jan 2018

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International

Chinese solar boom sparks global renewables boon: study

A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday, 16 January.

3 days ago

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