http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.15Change: -0.05
R/$ = 11.65Change: -0.10
Au 1283.64 $/ozChange: 10.49
Pt 1240.50 $/ozChange: 12.30
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 16, 2007

On-The-Air (16/11/2007)

Back
SAFM Podcast 16 November 2007
Engineering|Johannesburg|Lima|Africa|Civils|Copper|Engineering News|Johannesburg Stock Exchange|Mining|Mining Weekly|PROJECT|Trans Hex|Turbines|Water|Africa|South Africa|ZAR|Building|Electricity|Open-cycle Gas-turbines|Screen|Diamonds|Mossel Bay|Jeremy Maggs|Martin Creamer|Mohammed Valli Moosa|Moohseen Moosa|Power|Turbines|Water|Cables|Engineering News|Mining Weekly
Engineering||Africa|Civils|Copper|Mining|PROJECT|Turbines|Water|Africa|||Building|Screen|Diamonds||Power|Turbines|Water|Cables|
engineering|johannesburg|lima|africa-company|civils|copper|engineering-news|johannesburg-stock-exchange|mining|mining-weekly-company|project|trans-hex|turbines-company|water-company|africa|south-africa|zar|building|electricity|opencycle-gasturbines|screen-industry-term|diamonds|mossel-bay|jeremy-maggs|martin-creamer|mohammed-valli-moosa|moohseen-moosa|power|turbines-person|water|cables|engineering-news-published-medium|mining-weekly
© Reuse this



Every Friday morning, SAfm's AMLive's radio anchor Jeremy Maggs speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly. Reported here is this Friday's At the Coalface transcript:

Maggs: This one is very topical and very necessary, I'd suggest, the country building two more multi-billion rand pumped-storage power stations to boost power supply during periods of peak demand.

Creamer: The first of these is the Ingula which will be in the Drakensberg and the beauty of pumped storage is when we are sleeping and not using electricity they can use it to pump water to a dam high up in an escarpment and then when everybody is turning on their kettles and their TVs and doing things with electricity at the same time, they can then allow that water to be released and, through hydroelectric generation, they can boost the input into the grid so that we don't run out of electricity during those peak periods. It is important that we see the economics of this because we have these open-cycle gas-turbines being built on the coast of Atlantis and Mossel Bay and these are also very necessary during peaks, but, of course, they are far more costly, these cost the earth. So it is better to come through with these pumped-storage schemes. We have had a long standing one in the Drakensberg. The new Ingula which will be about R9-billion that will also be in the Drakensberg. The tenders are out for that and close on December 3 and it sounds like a Chinese contractor might be in the running for the civils for that and then there are also mechanical and electrical tenders coming out. The second big peaking power pumped-storage project, still under its code name, is known as Project Lima, which means that you can't get full detail on it yet, but it is on the way and that will be about 1 500 MW versus the Ingula that is far more advanced at 1 330 MW and they are about two years apart. The first is due to be commissioned fully round about 2012 and the second 2014.

Maggs: This one has been a long standing debate and now two diamond companies heeding government's call for South African diamonds to be beneficiated locally rather than abroad.

Creamer: Yes, the government has been pleading with mining companies to beneficiate, that means to add value to the metals and minerals that we produce. There is a great reluctance around the issue of economics, whether this is economic to do. Two diamond companies have now come forward and they are going to go ahead with this. The first is a Canadian junior Etruscan, which mines in Ventersdorp, who has linked up with a black-economic empowerment partner. The launch of African Romance as a brand is on the radar screen. That is being lead by Moohseen Moosa, the brother of Cabinet Minister Mohammed Valli Moosa. He is leading this charge. He was actually in Parliament at the time when they formulated the mining laws so he is putting his money where his mouth is, with great ambition, and he believes that from anything greater than a quarter carat he can be competitive. Also, we have the JSE-listed Trans Hex, the biggest producer of diamonds by value that is listed on our Johannesburg Stock Exchange. They are also now entering into the beneficiation and 15% of their diamonds will go to a previously disadvantaged cutter, who will lead an operation to add value in Johannesburg to these diamonds. Beneficiation is now in a proofing stage to see whether it is economic. A lot of optimism around it, but also a lot still to be proved.

Maggs: I suspect this next item is going to be fascinating. A national photonics strategy on how best the country should harness the speed of light it to be presented to government within the next year or so.

Creamer: They say the 20th century belonged to the electron and that the 21st century will belong to the photon and we already see the speed of light being harnessed in many areas notably with our fibre-optic cables that carry our telephone messages now and also the internet far more efficiently than the old copper cables. The government, Department of Science and Technology, has taken a decision to invest in the development of a national strategy of photonics and it has set up a banner organisation called Pisa, which is the Photonics Initiative of South Africa. Pisa must in 12 months develop a national strategy. It will have consultative workshops in the first quarter of next year, bringing in academic institutions and also science councils and South African business. These will put their heads together around formulating a good strategy to identify opportunities and areas where we would have comparative advantage and then to pursue a business agenda within those initiatives. Of course, they can't do it across the full spectrum as the photonics spectrum is very wide, so they would need to pick niches as to where we would have comparative advantage and that is what they intend doing.

Maggs: Thanks very much. Martin Creamer is publishing editor of Engineering News and Mining Weekly, he'll be back with us at the same time next week at the speed of light.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other SAFM
A massive power outage has not stopped Richards Bay Coal Terminal from setting an all-time coal export record for South Africa; High-level ministerial talk of the need for a new South African mining champion has set tongues wagging; A Gauteng gold miner is saving...
More
 
 
Latest News
SAA acting CEO Nico Bezuidenhout, Finance Minister Nhlanhla Nene and SAA chairperson Dudu Myeni
Updated 7 hours ago Finance Minister Nhlanhla Nene has assured that loss-making national carrier South African Airlines (SAA) will not receive another bailout from government, noting that the most recent R6.4-billion government guarantee had only been provided in support of an intensive...
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday. In 2013, it was R71.4-billion, Sars said in a statement.
Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
ASTRAPAK The group highlighted that executive strategic interventions and other group-wide business improvement imperatives were progressing favourably
The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks