Exxaro doubles net energy capacity after R1.8bn deal
EXXARO Resources has bought control of two renewable energy facilities nearly doubling the net operating capacity of subsidiary Cennergi. Cennergi will have a net operating…
Seriti Green completes R1bn transmission station
SERITI Green has handed over a R1bn transmission station to Eskom after an 18-month construction programme, enabling the first phase of one of South Africa’s largest renewable…
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…
Centamin says Sukari production to rise in 2024
EGYPTIAN gold miner Centamin has targeted gold production of between 470,000 to 500,000 ounces for the 2024 financial year which it hoped to mine at an all-in sustaining cost of…
Centamin lifts Sukari’s life of mine gold output
CENTAMIN today published a new mine plan for its Sukari gold mine in Egypt in which production would average 506,000 ounces a year for the next nine years and contribute to a 5%…
As Eskom seeks a new way of scaling renewable power, Vietnam could light its way
SOUTH Africa has had energy shortfalls for the past 16 years, but to date there have been totally inadequate measures to add new capacity to the grid. The crisis has escalated…
As Eskom seeks a way of scaling renewable power, Vietnam could light its way
SOUTH Africa has had energy shortfalls for the past 16 years, but to date there have been totally inadequate measures to add new capacity to the grid. The crisis has escalated…
Pan African agrees solar energy supply with proposed 40MW plant in Bela Bela
PAN African Resources announced today it had signed a power purchase agreement for third party supply of renewable energy from a proposed 40MW plant at Bela Bela in South…
Government failings put South32’s South African business at risk
SOUTH32 flies under the radar in South Africa because the share isn’t index linked. But the company has been on a strong run this year thanks to the metallurgical coal price…
Minerals Council says electricity minister is “good appointment” but calls for Govt. alignment
THE unveiling of Kgosientsho Ramokgopa as South Africa’s first ‘electricity minister’ was “a good appointment”, said Minerals Council CEO, Roger Baxter. “The Minerals Council has…
South32 in talks with Eskom to buy 900MW in nuclear power for Hillside aluminium
SOUTH32 is in discussions with Eskom regarding buying nuclear power for Hillside Aluminium which the Perth-headquartered group said could become uncompetitive if the talks…
No evidence of “stampede” for renewable power, says Mantashe of mining sector
SOUTH Africa’s minerals and energy minister Gwede Mantashe said there had been little evidence of companies adding new power to the national grid despite promises of 10GW in…
Eskom paying for sins of the past, says outgoing CEO De Ruyter
POLICY missteps and delays were the root cause of South Africa’s power crisis, said BusinessLive citing comments in Parliament on Tuesday by André de Ruyter, the outgoing CEO of…
DRDGOLD upbeat on interim dividend prospects despite tripling in 2023 capex
DRDGOLD reported a 19% decline in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) to R386.4m for the September (first) quarter owing to an R84m…
Centamin may tap into Egyptian power grid in order to end diesel fuel reliance
CENTAMIN is in discussion with the Egyptian government regarding supply of grid power to its Sukari gold mine that will enable the firm to entirely cut diesel consumption. Martin…
AngloGold rolls out $1.1bn emission reduction plan aimed at carbon neutrality by 2050
ANGLOGOLD Ashanti today rolled out plans for a $1.1bn emissions reduction initiative in which the miner intends to be carbon neutral by 2050. “We have a clear pathway to achieve…
RBM unveils plans to build 130MW solar plant in Limpopo province by 2024
RICHARDS Bay Minerals (RBM) today announced plans to build a 130MW solar power plant – equal to 300GW/h in energy generated over a year – following an agreement with Voltalia, an…
Anglo rolls out 600MW renewables plan in first stage of Envusa Energy JV with EDF
ANGLO American is to build 600MW in solar and wind power in South Africa after establishing a joint venture company Envusa Energy with EDF Renewables. The two companies signed a…
Eskom lays out plans for 1,000MW private power purchases with first contract this week
ESKOM, the South African power utility, today set out plans to buy 1,000MW in private supply with the first contract to be signed this week. This comes off the back of stage 6…