Coal miner Thungela digs in over shareholder rights
IT’S necessary to state from the outset that the current legal battle between Aeon Investment Management, Fossil Free SA and shareholder activist Just Share on the one side and…
Northam expands credit facility to fund green energy
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting more…
ARM abandons new coal investments
AFRICAN Rainbow Minerals is to halt investment in new coal projects, citing increasingly stringent environmental regulations. The group, led by former lawyer Patrice Motsepe,…
ARM seeks partners for green smelting breakthrough
AFRICAN Rainbow Minerals is pursuing commercial partnerships for its revolutionary SmeltDirect technology, which could transform South Africa’s struggling industrial sector, said…
Thungela, the coal mining success no-one expected
STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of fate his papers were destroyed during…
Thungela CEO says firm favours metallurgical coal deals
THUNGELA Resources would consider adding metallurgical coal assets to its portfolio as there was a “natural adjacency” to its thermal coal production, said CEO July Ndlovu.…
The Jo’burg network behind Zanaga iron ore revival
ONCE upon a time CEOs of companies as grand as Anglo American migrated to a beachside villa or golfing redoubt when they retired. Not today. Take the list of investors stumping…
AngloGold Ashanti’s takes critical step on decarbonisation journey
ANGLOGOLD Ashanti has announced the successful completion of a major renewables project to create the largest hybrid power system in Australia’s mining sector.
AngloGold installs Tropicana renewables project
ANGLOGOLD Ashanti said on Monday it had completed the Tropicana renewables project, described by the miner as the largest hybrid power system in Australia’s mining industry.…
Implats signs deal to supply IRS with renewable power
IMPALA Platinum (Implats) said on Monday it had signed a power purchase agreement with a renewable energy aggregator that will supply 90% of energy requirements for the miner’s…
Glencore-Merafe Chrome JV strikes deal on R2.1bn solar plant
GLENCORE and its joint venture partner Merafe Resources have agreed a deal with Pele Green Energy to build a R2.1bn utility-scale renewable energy plant, said Bloomberg News.…
Mantashe a tad offkey in address to resource-hungry China
SOUTH African mines minister Gwede Mantashe urged China to contribute to the government’s R400m minerals development fund and said “King Coal is back” owing to a carbon emissions…
BME’s innovations drive ESG
BME, a division of JSE-listed Omnia, has cemented its position in South Africa and globally through a relentless focus over 40 years on innovation, enabling it to offer customers…
How the science of carbon capture aids just transition
Close to a quarter of a million workers are employed in the coal industry, hence any discontinuation of this fossil fuel cannot be spoken of without considering the…
Conversation about coal’s future is at a critical juncture
IN the dialogue on energy sustainability, coal often finds itself at the centre of a contentious debate. As economies navigate the intricacies of climate change, economic…
Nagle’s plan for Glencore rests on this calculated gamble
THREE years after deciding to retain coal production, Glencore has unveiled a proposal to ditch the fossil fuel. Under a deal announced on November 14, it will buy the Elk Valley…
Uranium listing shows SA’s junior mining is still kicking
ONE thing resource miners have in spades is optimism. Take South Africa’s latest digger, Neo Energy Metals, which is hoping to build a uranium mine in the Northern Cape. Dubbed…
Glencore clinches $6.93bn deal for Teck’s coking coal business
GLENCORE is to buy Canadian group Teck’s coal business for $6.93bn which it then intends to demerge and separately with its existing thermal coal assets in about two years’ time.…
Eskom plans to delay shutdown of coal-fired power stations
ESKOM wants to delay the shutdown of its coalfired power stations to allow the country some “breathing space” while new generational capacity is being brought online, said Vikesh…
Gold Fields ties up A$500m ESG-linked loan in Oz
GOLD Fields said it had agreed a new sustainability-linked syndicated credit facility with Australian lenders which represented the first of its type for the country’s gold…