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Best lubrication solution for arduous mining applications
5th March 2024

The RENOLIT CXS GSM series from FUCHS LUBRICANTS SOUTH AFRICA provides excellent extreme pressure protection, which is crucial for heavy-duty applications like mining. It forms a durable... 


Kusile stack
Eskom says it is on track for permanent repair of Kusile stack by December
5th March 2024 By: Terence Creamer

Eskom insists it is on track to complete the repairs to the ducts in the west stack at the Kusile power station by December 2024, ahead of the March 31, 2025, deadline set by the Department of... 


Osisko Development secures $50m for Cariboo project
5th March 2024 By: Creamer Media Reporter

Gold company Osisko Development has secured funding for ongoing detailed engineering and preconstruction activities at the Cariboo gold project, in British Columbia. The $50-million delayed draw... 


Report reveals drop in insolvencies for South Africa, but challenges remain
4th March 2024 By: Sabrina Jardim

Trade credit insurance company Allianz Trade has released its latest ‘Global Insolvency Report’, unveiling updated forecasts for 2024 and 2025. According to Allianz, global insolvencies are set to... 


Pensana’s Longonjo project in Angola
Long lead item orders placed, site preparation works well under way at Longonjo
4th March 2024 By: Darren Parker

Preparatory works are forging ahead smoothly at rare earths mining company Pensana’s Longonjo project in Angola, with main construction expected to start in May and cold commissioning to follow in... 


An image showing a factory worker with a tyre at the Mathe Group factory
Mathe Group expands capacity to produce more rubber crumb for roads
4th March 2024 By: Tasneem Bulbulia

The use of large amounts of recycled rubber crumb for the manufacture of road surfaces and related products is propelling South Africa towards a circular economy where waste products are used to... 


Port of Durban
TNPA to appoint developer soon for common-user infrastructure required for LNG terminal
4th March 2024 By: Terence Creamer

South Africa’s Transnet National Ports Authority (TNPA) expects to appoint a developer within months for the common-user infrastructure required to support the proposed liquefied natural gas (LNG)... 


Image of the work currently under way at the Bayside Canal upgrade
Bayside Canal R87m upgrade on track
4th March 2024 By: Natasha Odendaal

Progress is being made on the City of Cape Town’s (CoCT's) R87.5-million upgrade of the Bayside Canal, from Blaauwberg road to the Rietvlei in Tableview, in the Western Cape. Work is expected to be... 


Northam Platinum CEO Paul Dunne.
New solar farm being built in Limpopo, wind boost on way from W Cape – Northam
4th March 2024 By: Martin Creamer

Platinum group metals (PGMs) mining company Northam Platinum has begun construction of an 80 MW solar power farm at its Zondereinde operation in Limpopo – and the Johannesburg Stock Exchange-listed... 


BLSA CEO Busi Mavuso
Mavuso urges public-private collaboration to mitigate looming natural gas cliff
4th March 2024 By: Marleny Arnoldi

Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from... 


World-beating mining stock turns big loser thanks to China slump
World-beating mining stock turns big loser thanks to China slump
4th March 2024 By: Bloomberg

Iron-ore behemoth Fortescue’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and high exposure to slumping metal prices amid... 


Image of Rand Water's water purification and pumping station in Vereeniging
Municipal debt escalating, Rand Water takes hardline stance
4th March 2024 By: Natasha Odendaal

Water utility Rand Water has warned of a destabilising financial position as several municipalities fail to honour their bulk water purchase agreements and debt settlement arrangements with Rand... 


Understated outlook for construction industry, but potential positives
1st March 2024 By: Tasneem Bulbulia

Some positive growth experienced in several indicators in the construction sector tapered off in the last quarter of 2023, and this loss in momentum continued into this year. It remains to be seen... 


Green Hydrogen tank, wind turbines and solar panels
UK Hydrogen Week highlights green hydrogen investments
1st March 2024 By: Darren Parker

Following its inauguration last year, UK Hydrogen Week is taking place once again, from February 26 to March 3. The World Platinum investment Council says more than 6 300 individuals and 110... 


Wolfsberg now Nasdaq-listed Critical Metals’ flagship asset
1st March 2024 By: Mariaan Webb

ASX-listed European Lithium has completed its business combination with Sizzle Acquisition to form Critical Metals, which started trading in the US earlier this week. The Wolfsberg lithium... 


Top Codelco execs see debt growing as production recovers
Top Codelco execs see debt growing as production recovers
1st March 2024 By: Reuters

Top executives of Chile's State-run Codelco, the largest copper producer in the world, expect the company's debt to continue increasing as it adjusts cost estimates to revamp key mines. In a... 


A solar PV plant built by Yellow Door Energy in Jordan
Yellow Door Energy to start construction on 48 MW Leeudoringstad solar plant soon
1st March 2024 By: Schalk Burger

Independent power producer Yellow Door Energy has completed the development phase for a 48 MW solar photovoltaic (PV) plant in Leeudoringstad, in North West. Construction will begin in the second... 


Paul Dunne
Northam declares cash dividend, boosts self-generation
1st March 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed mining company Northam Platinum on Friday declared a cash interim dividend after reporting strong performance from all group operations in the six months to the... 


Image of Kamoa mining complex
Kamoa-Kakula Copper Complex, Democratic Republic of Congo – update
1st March 2024 By: Sheila Barradas

Ivanhoe chairperson Robert Friedland has commented that Kamoa-Kakula continues to exceed expectations in terms of overall performance. 


TRANSFORMATIVE SOLUTION
3D concrete printers offers transformative solutions to the challenges faced by the construction sector
3D concrete printer stands to benefit South African construction
1st March 2024 By: Simone Liedtke

The development of fit-for-purpose machinery, made in South Africa and for African conditions, such as three-dimensional (3D) concrete printing, stands to offer the construction industry enhanced... 


MANUFACTURING INVESTMENT
Multotec has invested in manufacturing facilities and storage space to support the growth of its export business.
Firm wins Exporter of the Year award
1st March 2024

International minerals processing specialist Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a... 


The above image depicts the Kito L5 lever hoists, which have been developed to improve efficiencies and enhance safety. In the event of excessive overload lifting, the integrated overload limiter is automatically activated and the lever slips, preventing injury and damage
Increased demand for safe, stable hoists
1st March 2024

Technology supplier Becker Mining South Africa experienced a record year in 2023 in terms of sales and the success of Kito electrical and manual hoists, with a particular focus on Kito L5 lever... 


Prefab buildings provider celebrates five decades
1st March 2024

Prefabricated buildings provider Kwikspace is celebrating more than five decades of delivering tailor-made solutions across diverse industries. With expertise spanning schools, clinics, mining,... 


Machinery heralds more efficient, environment-friendly practices
1st March 2024 By: Simone Liedtke

In a significant development for the construction sector, machine industry group Husqvarna has introduced a new range of advanced machinery, which machinery distributor Superb Construction Systems... 


An image of galvanised steel sheets
Customs increase aims to level out steel products field
1st March 2024 By: Nadine Ramdass

Industry association Southern Africa Coil Coaters Association (SACCA) has applied for an increase in the general rate of customs duty on certain coated or plated flat-rolled steel. The proposed... 


Image of South Africa map/flag
Gas Independent Power Producer Procurement Programme – Bid Window 1, South Africa
1st March 2024 By: Sheila Barradas

The procurement of new-generation capacity is required to ensure energy security, and about 3 000 MW is expected to be generated from gas. 


Image of solar and wind operation
Renewable Energy Independent Power Producer Procurement Programme – Bid Window 7, South Africa
1st March 2024 By: Sheila Barradas

Bid submission for Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme is scheduled for April 30, 2024. 


Location map of the Molo graphite project
Molo graphite mine expansion, Madagascar
1st March 2024 By: Sheila Barradas

A feasibility study has confirmed the highly attractive economics for a large-scale expansion of the Molo mine and processing facility. 


Image of hydrogen electrolysis equipment
Tarragona hydrogen plant, Spain
1st March 2024 By: Sheila Barradas

Lhyfe is building its first green hydrogen production site in Catalonia, Spain. 


Image of core sample from the Black Butte project
Black Butte copper project, US – update
1st March 2024 By: Sheila Barradas

Sandfire Resources America has been given approval to proceed with the construction of its Black Butte project. 


Image of Kolomela mine
Kapstevel South project, South Africa – update
1st March 2024 By: Sheila Barradas

The project is largely complete. 


Image of Karowe openpit
Karowe underground project, Botswana – update
1st March 2024 By: Sheila Barradas

Lucara Diamond Corp has reiterated that the underground project remains a priority, with president and CEO William Lamb saying it represents an exciting and valuable future for the company. 


Image of Angola map/flag
Longonjo neodymium/praseodymium project, Angola – update
1st March 2024 By: Sheila Barradas

Pensana has concluded a nonbinding term sheet with the Longonjo lender consortium for a project finance debt facility of up to $156-million. 


Image of Egypt flag and solar panels
Mohammed bin Rashid Al Maktoum solar park, United Arab Emirates
1st March 2024 By: Sheila Barradas

The sixth phase of the project has reached financial close. 


First production of mixed rare earths from the Phalaborwa project
Phalaborwa Rare Earths Project, South Africa – update
1st March 2024 By: Sheila Barradas

Phalaborwa has received a distinctly possible life span boost. 


Image of gold nugget and dust
Premier gold project, Canada – update
1st March 2024 By: Sheila Barradas

Construction of the project is nearing completion. 


Aerial view of Skouries gold project
Skouries gold/copper project, Greece – update
1st March 2024 By: Sheila Barradas

Eldorado Gold has increased the capital expenditure estimate of the project. 


Image of gold ore
Twin Hills gold project, Namibia – update
1st March 2024 By: Sheila Barradas

On February 25, 2024, Osino and Yimtai announced that that they had entered into a binding arrangement – the Yintai Arrangement Agreement – pursuant to which Yintai will acquire all the outstanding... 


Pic of locations of the WBP site deposits
Witwatersrand basin project – Qala Shallows Phase 1 – South Africa – update
1st March 2024 By: Sheila Barradas

South African development finance institution the Industrial Development Corporation has started work to complete its due diligence investigation as part of its proposed R300-million debt facility... 


Volkswagen Group Africa opens new airbag deployment test centre
Volkswagen Group Africa opens new airbag deployment test centre
29th February 2024 By: Irma Venter

Volkswagen Group Africa (VWA) has officially opened its new R20-million airbag deployment centre, following a construction period of nearly two years. The facility, based at the company’s B Plant... 


President Cyril Ramaphosa to Open SIDSSA 24
29th February 2024

SIDSSA 2024 will bring new energy projects to the market for investment and infrastructure-led socioeconomic growth. South African President Cyril Ramaphosa will open the Sustainable Infrastructure... 


Integra makes small, but strategic acquisition
29th February 2024 By: Mariaan Webb

Vancouver-headquartered Integra Resources has exercised an option to acquire 17 unpatented claims in the Rich Gulch area, which will provide the company with operational flexibility for future... 


Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


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Magazine round up | 12 April 2024
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