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Press Office - Concor

Ivanhoe Mines co-chairperson Robert Friedland
Ivanhoe posts record normalised profit, adjusted earnings for 2023
26th February 2024 By: Marleny Arnoldi

Canadian miner Ivanhoe Mines has reported a record normalised profit of $388-million, as well as record adjusted earnings of $604-million for 2023. The Kamoa-Kakula operation, in the Democratic... 


Lithium Universe secures industrial land for Quebec refinery
26th February 2024 By: Creamer Media Reporter

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Image of the Malawian flag
Arise IIP signs deal with Malawi to build R3bn SEZ, dry port
26th February 2024 By: Irma Venter

Arise Integrated Industrial Platforms (ARISE IIP) has signed a development agreement with the government of Malawi for the construction of a R3-billion special economic zone (SEZ) and dry port in... 


The importance of Independent Power Producers in Africa
The importance of Independent Power Producers in Africa
26th February 2024

 Independent Power Producers (IPPs) play a crucial role in Africa's energy landscape, contributing to economic development, energy security, and the transition to sustainable and reliable power... 


Grid infrastrucuture
Ramokgopa says govt close to finalising structure for private grid financing
26th February 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says all the work being done by government on the financial structure to facilitate private investment into the country’s transmission infrastructure is... 


Thami Nkadimeng
Finding Purpose: Lessons From The Message Architect – Thami Nkadimeng
26th February 2024

Thami Nkadimeng, also known as The Message Architect, works with presidents, executives, corporate leaders and organisations worldwide to make positive change in the world. But before she could... 


Montage upsizes financing, makes leadership changes
26th February 2024 By: Mariaan Webb

Canadian precious metals explorer and developer Montage Gold on Friday announced an upsized private placement financing of C$35-million. The company, which is listed on the TSX-V, increased its... 


Construction of the first half of the concrete access road up the 18% incline towards the top of the mountain to ensure safe access for the turbine components
Wolf Wind Farm project advances swiftly with Concor
26th February 2024

Work is progressing well on the Wolf Wind Farm in South Africa’s Eastern Cape province, with Concor carrying out the civils balance of plant – including an innovative design for a steeply inclined... 


Lynas CEO Amanda Lacaze
Lynas jumps as H1 profit tops estimates despite soft China demand
26th February 2024 By: Reuters

Australia's Lynas on Monday posted a better-than-expected half-year profit, sending its shares higher, even as the rare-earths miner navigated a tough market with weak underlying commodity prices... 


Econometrix director and chief economist Dr Azar Jammine
Budget shows an economy treading water, not collapsing – Jammine
23rd February 2024 By: Darren Parker

Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to... 


A worker drives a forklift loaded with lithium concentrate at Prospect Lithium Zimbabwe mine in Goromonzi, Zimbabwe
Zimbabwe wants lithium miners to plan new capacity despite price dive
23rd February 2024 By: Reuters

Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said on... 


Steinmüller Africa presenting the ultimate annual boiler technology course 2024
Steinmüller Africa presenting the ultimate annual boiler technology course 2024
23rd February 2024

Steinmüller Africa has leveraged their 60 years of local experience to present a course which covers the full lifecycle of a steam generator: boiler and piping design, fabrication, erection,... 


Eldorado lifts capex estimate for Greece mining project
Eldorado lifts capex estimate for Greece mining project
23rd February 2024 By: Mariaan Webb

Canada-based Eldorado Gold has increased the capital expenditure (capex) estimate of the Skouries project, in Greece, to $920-million, but between the project finance facility and balance sheet,... 


MP Materials swings to quarterly loss on falling rare earths prices
23rd February 2024 By: Reuters

Rare earths miner MP Materials on Thursday reported a fourth-quarter loss due to slipping prices for the strategic minerals and rising production costs, although the loss was not as much as... 


Man in hard hat assessing Enduron high-pressure grinding rolls
Smarter mining key amid current market conditions
23rd February 2024 By: Tracy Hancock

Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a... 


An image of the surroundings at the site location of the Omitiomire project
Developer progresses copper project
23rd February 2024 By: Trent Roebeck

After having been stalled for seven years, the Omitiomire copper project of Namibian copper explorer and developer Omico Mining has now completed phases 1, 2 and 3 of metallurgical testwork, with... 


Tyre manufacturer to invest $90-million in hydraulic hose production plant
23rd February 2024

German technology company Continental in January announced an investment of $90-million towards the construction of its new plant for hydraulic hose for industrial purposes in the west-central... 


Firm looks to diversify recycled product range, seeks new markets
23rd February 2024 By: Lumkile Nkomfe

Germiston-based rubber recycling company Dawhi Rubber Recycling, which has been in the rubber crumb business for 14 years, is conducting research into new innovations such as tyre-derived fuel,... 


Image of solar panels and battery energy storage facility
Mulilo Total Hydra storage project, South Africa
23rd February 2024 By: Sheila Barradas

The project is part of the Risk Mitigation Independent Power Producer Procurement Programme launched by the Department of Mineral Resources and Energy to develop electricity generation capacity. 


Image of hydroelectric dam
Caculo Cabaça hydropower plant, Angola
23rd February 2024 By: Sheila Barradas

The project involves the construction of a large-scale hydropower plant on the Kwanza river. 


IMAGE OF ELECTRICITY PYLONS
Mauritania-Mali electricity interconnection and solar power project, Mali
23rd February 2024 By: Sheila Barradas

Somelec and EDM SA are building a high-voltage double-circuit transmission network over 1 373 km – 184 km in Mali and 1 189 km in Mauritania.  


Image of mounds of rare earths
Eneabba rare earths refinery, Australia
23rd February 2024 By: Sheila Barradas

Iluka Resources confirmed a major cost overrun at its refinery on February 21. 


IMAGE OF FWGR HEADGEAR
Far West Gold Recoveries operation, South Africa – update
23rd February 2024 By: Sheila Barradas

Far West Gold Recoveries hit full stride in the six months to December 31, 2023. 


IMAGE OF SOLAR PANELS
Tasiast solar project, Mauritania – update
23rd February 2024 By: Sheila Barradas

First solar power was delivered to the Tasiast grid in December 2023. 


Imag of a drill at the TGMW mine
TGME underground project, South Africa – update
23rd February 2024 By: Sheila Barradas

Theta Gold Mines has selected a subsidiary of Power Construction Corporation, of China, for the construction of its TGME gold plant, tailings storage facility and wastewater dams. 


Construction worker
Proposed reforms to PPP framework to accelerate infrastructure delivery welcomed
22nd February 2024 By: Terence Creamer

There has been positive, albeit cautious, reaction to the reforms announced by Finance Minister Enoch Godongwana to improve infrastructure financing and delivery and attract private sector... 


Sylvania reports positive results despite lower PGM prices
22nd February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower... 


An image of CBE CEO Dr Msizi Myeza
CBE showcases Built Environment National Logbook prior to launch
22nd February 2024 By: Tasneem Bulbulia

The Council for the Built Environment (CBE) – an entity of the Department of Public Works and Infrastructure (DPWI) – on February 22 held a pre-launch activation event to showcase and encourage... 


Cape Town mayor Geordin Hill-Lewis
Cape Town driving forward with renewable energy, climate resilience programmes
22nd February 2024 By: Rebecca Campbell

Last year, Cape Town paid out R25-million to businesses which sold their surplus renewable energy to the city. And, starting this year, private citizens will be able to do the same. These... 


Equinox targets one-third production jump this year
22nd February 2024 By: Creamer Media Reporter

Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven... 


Minas-Rio
Integration of Vale’s Serpentina resource has potential to expand Anglo’s Minas-Rio output
22nd February 2024 By: Darren Parker

Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio... 


Mayur’s Orokolo Bay partner faces ‘sudden financial difficulties’
21st February 2024 By: Creamer Media Reporter

Australia-based Mayur Resources said on Wednesday that its partner in the Orokolo Bay vanadium, titanium and iron sands project, in Papua New Guinea, had pulled out, citing “sudden financial... 


Power lines
RFP for private transmission investment to be launched in July
21st February 2024 By: Terence Creamer

The South African government will release a request for proposals (RFP) in the coming months seeking private sector investment into a pilot electricity grid infrastructure project. The National... 


Rooftop solar panels
Teraco to build 120 MW solar plant after securing grid capacity allocation
21st February 2024 By: Schalk Burger

Data centre infrastructure and services company Teraco will start construction of a 120 MW utility-scale solar photovoltaic (PV) facility in the Free State after securing its first grid capacity... 


Breaking gender roles to achieve real inclusivity in the energy sector
Breaking gender roles to achieve real inclusivity in the energy sector
21st February 2024

By Desiree Hlubi, Brand Manager of Sisi Safety Wear Women are often underrepresented in technical industries, particularly within South Africa’s power and energy sectors. In the coal sector, they... 


The Karowe openpit mine
Lucara expects higher revenues for 2024; announces new large diamond recoveries
21st February 2024 By: Chanel de Bruyn

Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a... 


Machine Tools Africa for everything that twists, turns, rotates, cuts, forms, bends or shapes
Machine Tools Africa for everything that twists, turns, rotates, cuts, forms, bends or shapes
21st February 2024

Africa’s biggest machine tools exhibition is taking place from 21-24 May 2024 at the Johannesburg Expo Centre in Nasrec and will be showcasing cutting-edge developments across the machine tool and... 


The water treatment plant at the Premier gold mine, in British Columbia.
Early commissioning under way at Ascot’s Premier gold mine
21st February 2024 By: Mariaan Webb

Construction of the Premier gold project, in the prolific Golden Triangle of north-western British Columbia, is nearing completion and early commissioning is now under way. First ore delivery to... 


The deal is a major step in the work to repower the Gladstone production assets, including the Boyne aluminium smelter (pictured), Yarwun alumina refinery and Queensland Alumina refinery.
New deal makes Rio Tinto Australia’s biggest renewable energy buyer
21st February 2024 By: Creamer Media Reporter

Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity... 


MeerKAT antennas
MeerKAT radio telescope a beacon of technological development in South Africa
20th February 2024 By: Rebecca Campbell

More than 260 scientific papers have so far been published, using data gathered by South Africa’s MeerKAT radio telescope array, with 40% of them being published in the past year, highlighted... 


An image showing part of Sibanye-Stillwater's Marikana operation
Unions express dismay over mining sector retrenchments
20th February 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


Antofagasta CEO Ivan Arriagada
Antofagasta says profit up 5% in 2023, cuts dividend
20th February 2024 By: Reuters

Chile's Antofagasta on Tuesday reported a 5% rise in 2023 profit as copper production and prices increased, offsetting higher costs. Although the mining group reported earnings before interest,... 


Incoming Aveng CEO Scott Cummins
No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar
20th February 2024 By: Terence Creamer

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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Hannah Instruments
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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