R/€ = 15.81 Change: 0.00
R/$ = 13.66 Change: -0.01
Au 1269.00 $/oz Change: -4.15
Pt 871.50 $/oz Change: 10.18


South African CEO selected to Obama Africa leadership programme

By: African News Agency      21st May 2018 Former US President Barack Obama's foundation has elected the chief executive of Johannesburg digital innovation hub, Tshimologong Precinct as a member of the inaugural class of its Africa leadership programme. Tshimologong Precinct said Lesley Williams, was appointed as part of the Obama... 

Glencore is losing billionaire allies to Trump's sanctions

By: Bloomberg     12th April 2018 The reach and power of US sanctions are hemming in the world’s largest commodity trader. In just four months, Glencore chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump’s aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg... 

Embattled EPA chief's calendar shows industry had his ear

By: Reuters     9th April 2018 US Environmental Protection Agency administrator Scott Pruitt held 25-times more meetings with industry representatives than environmental advocates during his first seven months in office, according to a Reuters analysis of his schedule, reflecting the agency's pro-business approach under his... 

A modern land run? Trump move opens Utah to mining claims under 1872 law

By: Reuters     31st January 2018 US President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials. Starting at 6 am on February 2... 

Trump to shrink Utah monuments holding artifacts, minerals

By: Bloomberg     5th December 2017 President Donald Trump said Monday that he’ll shrink two national monuments in Utah that contain stunning red-sandstone vistas, historic relics and energy resources, arguing his predecessor overstepped in protecting the land. Trump travelled to Salt Lake City for the announcement, and also met... 

EPA to hold its one hearing on climate rollback in coal country

By: Bloomberg     29th November 2017 The Trump administration is holding its one public hearing on rolling back President Barack Obama’s regulations limiting carbon emissions from power plants – and it will be in West Virginia. While the Environmental Protection Agency leadership under Obama steered clear of the coal-producing... 

Cynthia Pongweni

27th October 2017 This week Engineering News features Cynthia Pongweni, the financial director of Mineworkers Investment Corporation, an investment holding company   

Obama administration's decision on uranium sale probed by House

By: Bloomberg     25th October 2017 US House committees are investigating why former President Barack Obama’s administration allowed a Russian-backed company to purchase American uranium mines in 2010. The House Intelligence and Oversight panels will look into the matter, Devin Nunes, a California Republican who is chairperson of... 

Zuma schools Trump on climate at UN

By: News24Wire      21st September 2017 President Jacob Zuma on Wednesday declared in his address at the UN that climate change was real. Speaking at the General Debate of the seventy-second Session of the UN General Assembly, Zuma expressed support for victims of hurricanes, arguing that climate change was "real". 

China sends one of the West's most critical materials soaring

By: Bloomberg     11th September 2017 The price of one of the most critical materials for the Western world’s economy and defenses is spiking faster than any major commodity. Tungsten, used to harden steel in ballistic missiles and in drill bits, has surged more than 50% in the last two months amid growing concern about supply... 

Denver Dreyer

1st September 2017 This week e feature Denver Dreyer, CEO of WorleyParsons South Africa, a provider of advisory, project management and engineering services for the mining,chemicals, hydrocarbons, power and infrastructure sectors   

Fast Population Growth Means Fast Infrastructure!

3rd August 2017 The World Health Organisation estimates that by 2025 half of the world’s population will be living in water-stressed areas. That is a frightening statistic. With water being the key source to life as we know it, this is a serious problem that needs serious solutions. 

Trump America-first pipeline plan draws ire of American oil

By: Bloomberg     21st July 2017 Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance." The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the... 

Trump said to tout coal projects, nuclear aid in 'Energy week'

By: Bloomberg     30th June 2017 President Donald Trump is set to announce he is lifting an Obama-era policy that curtailed the financing of coal-fired power plants overseas, as he seeks to propel American " energy dominance" and reorients the US government away from fighting climate change. Trump also will describe a series of... 

Bubele Nyiba

16th June 2017 This week we feature Bubele Nyiba, CEO of the Rose Foundation, which promotes and encourages the environmentally responsible management of used oils and related waste in South Africa   

Bongiwe Pityi

26th May 2017 This week we feature Bongiwe Pityi, GM of OR Tambo International Airport   

Certainty needed to drive energy projects in Africa 

By: Kim Cloete     16th May 2017 Private sector players have called on African governments to be reliable and predictable in their energy policies and programmes. "Investors want to know that the rules won’t change in the middle of a project,” Power Africa coordinator Andrew Herscowitz told delegates at Africa Utility Week on... 

Trump takes aim at western monuments that may hold oil, coal

By: Bloomberg     11th May 2017 Bears Ears National Monument, in Utah, boasts stretches of red-and-yellow sandstone so brilliant they appear to be ablaze and rock structures so precarious they appear to defy gravity. The rugged terrain south of the Colorado River also has reserves of oil and natural gas that are currently off... 

Dakota access pipeline project, US

By: Sheila Barradas     3rd March 2017 The US Army Corps of Engineers has notified Congress that it will permit the project to allow for the pipeline to run under Lake Oahe, in North Dakota. 

Keystone pipeline Gulf Coast expansion project, Canada and US

By: Sheila Barradas     3rd February 2017 TransCanada has resubmitted its Presidential Permit application to the US Department of State for approval of the Keystone pipeline Gulf Coast expansion project. 

Gold set for best month since June as investors fret over Trump

By: Bloomberg     31st January 2017 Gold climbed back above $1 200 and headed for its best month since June as jitters over Donald Trump’s actions since he took office as US President just over a week ago sent investors scurrying for a haven. Bullion has risen almost 5% in January, partly recouping a 13% loss in the fourth quarter,... 

‘TPP minus one’ still has much to offer, says Australia’s MCA as Trump nixes trade deal

By: Mariaan Webb     24th January 2017 The absence of the US in the Trans Pacific Partnership (TPP) does not have to mean the end of the planned trade deal, the CEO of the Minerals Council of Australia, Brendan Pearson, said on Tuesday. Commenting on US President Donald Trump’s formal withdrawal from the trade pact, which was the... 

Opinion: South Africa at an electricity crossroads 

23rd January 2017 In this commentary, independent economic consultant Rob Jeffrey cautions that a future electricity mix which relies heavily on wind and limits the contribution of coal could undermine South Africa’s plans for addressing unemployment and poverty 

Trump aides said to prepare list of early energy changes

By: Bloomberg     21st January 2017 Donald Trump’s advisers have prepared a short list of energy and environmental policy changes he can take now that he has been sworn in as president, including steps to limit the role that climate change plays in government decisions and speed the review of cross-border pipelines. The list of... 

Former coal baron Blankenship’s conviction upheld on appeal

By: Bloomberg     20th January 2017 Former coal baron Donald Blankenship will stay in jail for now after an appeals court upheld his conviction for flouting mine-safety laws. The self-described “political prisoner” didn’t identify any reversible errors in his 2016 trial on charges he ignored safety rules at Massey Energy’s Upper... 

Trump makes Canadian mine explorer with zero revenue great again

By: Bloomberg     19th January 2017 There’s one thing Donald Trump is already making great again: a small Canadian explorer with rights to one of the world’s largest undeveloped copper and gold deposits. Northern Dynasty Minerals has more than tripled since the US election to approach a four-year high this week amid speculation... 

Coal traders see end of price rally as China ramps up output

By: Bloomberg     22nd December 2016 Coal’s recovery was one of the biggest surprises in commodities this year, but it is all poised to end as output rises from China, producer of half the world’s supply. After half a decade of declines, European prices rebounded more than 80% as China, also the world’s biggest consumer of the... 

Climate change in the Donald Trump era

By: Saliem Fakir     9th December 2016 Donald Trump's Presidency will, no doubt, have a significant impact on the progress on collective action on the climate change front. The US President-elect has promised to rip apart any semblance that climate change is real. It is said that, in Morocco, the incumbent US climate negotiating team,... 

It’s the end of the world as we know it, and I feel fine

By: Riaan de Lange     25th November 2016 And I feel fine. These are the recurring lyric of the American rock band REM's song, which are an apt encapsulation of my feelings in the aftermath of what has been called Brexit  Part II, the seemingly unanticipated results of the US Presidential election. A few days since the election, on the... 

Trump’s energy job promise to clash with scant supply of labour

By: Bloomberg     23rd November 2016 President-elect Donald Trump promises that his sweeping changes to energy policy will create “many millions” of American jobs. Finding all those workers may be the challenge. World markets are flush with coal and oil, keeping prices subdued and making it difficult for producers to profit from new... 

Amid policy angst, US energy diplomat points to bipartisan support for powering Africa

By: Terence Creamer     11th November 2016 America’s Principal Deputy Assistant Secretary of State for Energy Resources would not be drawn this week on how the administration of President-elect Donald Trump could approach energy policy and the Africa Power Initiative in particular. However, Ambassador Mary Burce Warlick highlighted during... 

Safe-haven gold outperforms as Trump’s election spooks financial, equity markets 

By: Martin Creamer     9th November 2016 While gold outperformed as a safe haven after Donald Trump’s worrying election as the forty-fifth president of the US, financial and equity markets were frightened into falls along with emerging market currencies, including the rand. The World Gold Council (WGC) reported on Wednesday that gold... 

100 MW power purchase agreement signed in Nairobi

28th October 2016 In June energy company Kipeto Energy’s (KEL’s) Kipeto wind power project came one step closer to delivering additional clean energy to the people of Kenya following an announcement that it has formally signed a 20-year purchase power agreement with Kenyan power utility Kenya Power. This... 

$300m facility for African power, infrastructure projects announced

By: Mia Breytenbach     7th October 2016 Standard Bank of South Africa (SBSA), US overseas development financier Overseas Private Investment Corporation (OPIC) and diversified, community-based financial services company Wells Fargo Bank have announced a $300-million facility to fund power and infrastructure projects in Africa. The... 

US mining industry in flux as policy, economic and enviro challenges force change

By: Henry Lazenby     16th September 2016 The outcome of the November 2016 US Presidential election will not reverse the decline in the US mining industry’s value, as the beleaguered coal industry continues to face market headwinds. Rather, the results will determine the trajectory of environmental regulations and, therefore, raise or... 

South Africa under pressue to ratify COP21 agreement . . . because of Trump

By: News24Wire      15th September 2016 South Africa is under pressure to ratify the COP21 climate change Paris agreement before the end of the year, as doing so could make it binding on a potential Donald Trump-led US. "If the Paris agreement is in force, legally the US can't get out of it," Environmental Affairs Deputy... 

Zuma prefers to use SAAF, not chartered planes – Presidency

By: News24Wire      14th September 2016 The Presidency has denied claims that President Jacob Zuma prefers to use chartered aircrafts instead of the South African Air Force (SAAF) fleets. "The Presidency reiterates that it prefers the use of aircraft within the South African Air Force fleet to transport the President and Deputy... 

Trudeau faces split Aboriginal groups in Kinder Morgan ruling 

By: Bloomberg     24th August 2016 In the rolling country of central British Columbia, Michael LeBourdais’s Whispering Pines Indian Band is looking forward to a cash injection from a new pipeline proposed by Kinder Morgan Energy Partners LP. He’ll be seeking compensation for his band if it doesn’t go through. Meanwhile, 400 km... 

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