MiningMX
cop26latest news & developments

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…

Tracey Davies, Director, Just Share

Keeping miners honest is tougher than it seems

ENVIRONMENTAL, social and governance concerns (ESG) has become a handy slogan in company boardrooms and marketing departments. Critics say corporates pay mere lip service to ESG…

Europe’s coal grab raises uncomfortable questions about energy transition

GRAHAM Kerr has no regrets about taking South32 out of thermal coal last year. Despite the meteoric price rise for the fuel following Russia’s invasion of Ukraine – which has…

Mike Teke, CEO, Seriti Resources
Pic: Martin Rhodes

Seriti boss Mike Teke says Eskom MoU is start of firm’s renewable power supply ambitions

SERITI Resources CEO Mike Teke said he hoped a memorandum of understanding (MoU) with Eskom to supply it with renewable power will be the start of a new business for his…

Orion in talks to have Prieska Copper-Zinc supplied exclusively with renewable energy

ORION Minerals has set discussions in motion aimed at having its proposed Prieksa Copper-Zinc Project in South Africa’s Northern Province supported entirely by renewable power.…

DMRE report may presage change in Mantashe’s pro-coal rhetoric

SOUTH Africa’s Department of Mineral Resources and Energy (DMRE) is setting up a Just Energy Transition unit which could signal a change in its attitude towards the phasing out…

Wind turbines

SA energy transition could be model for others, says climate funds investor

SOUTH Africa’s energy transition from coal to renewables could be a template for other nations to do the same, according to the head of an $8.5bn group of climate funds…

South Africa President, Cyril Ramaphosa

SA secures R130bn in finance commitment aimed at coal to renewable transition

SOUTH Africa has secured a commitment for R130bn in finance aimed at moving the country away from coal-fired electricity production, and boosting the electric vehicle and green…

Most of world’s development banks against funding coal-fired power plants

MOST of the world’s development banks had committed to ending finance for coal-fired power plants, said Reuters citing research produced by Boston University’s Global Development…

Gwede Mantashe, mines and energy minister, South Africa

Mantashe fails to make point about coal cuts amid concern pressure is neo-colonialist

GWEDE Mantashe, South Africa’s mines and energy minister, has justifiably received flak for skipping a meeting with foreign donors this month. These comprised the European Union,…

Former Exxaro CEO, Mxolisi Mgojo
Pic: Martin Rhodes.

Coal boss says world should allow SA to conduct energy transition at its own pace

SOUTH Africa ought to be given the same energy transition Europe allowed itself, said Mxolisi Mgojo, outgoing CEO of Exxaro Resources. Speaking at the Financial Times Mining…

Andre de Ruyter, CEO, Eskom

Eskom boss says cost of SA electricity will come from taxes if not through the tariff

THE current reality that South Africa’s energy users face is that they either have to support Eskom through paying higher tariffs for electricity, or that support will have to…

Foreign envoy in SA this week to discuss transition from coal-fired energy

A DELEGATION including envoys from the US and the European Union are in South Africa to discuss the possible reduction in the country’s thermal coal use, said BusinessLive.…

Sacrificing development for climate is a poor debate mining executives say

THE view of three mining executives polled by Miningmx is that a discussion about reducing greenhouse gas emissions can’t exclude the rights of people in poorer economies,…

Rich nations seeking deal aimed at cutting Eskom’s coal consumption

OFFICIALS from the US, UK, France and Germany are hoping to meet with South Africa’s power utility Eskom as early as next week in order to bash out a deal aimed at cutting its…