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Press Office - Concor

Nickel woes worsen for Glencore-backed miner as budget jumps 87%
20th February 2024 By: Bloomberg

Glencore-backed Horizonte Minerals is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than... 


US moves to restore stockpiling ‘panic button’ in EV metals fight with China
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
20th February 2024 By: Bloomberg

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and... 


Forge Academy launches new 4IR training centre in partnership with Sibanye-Stillwater
19th February 2024 By: Schalk Burger

Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two... 


Major solar power project in the DRC is now set to start development
19th February 2024 By: Rebecca Campbell

The Africa Finance Corporation (AFC) and SkyPower Global have signed a joint development agreement to implement the first phase of an ultimately 1 000 MW capacity solar power project in the... 


Wimpie Krügel, an Engineer in JG Afrika’s Roads & Highway Division and a Road Safety Auditor
JG Afrika helps to fast-track wind energy projects in South Africa
19th February 2024

JG Afrika, a leading engineering consultancy with a more than 100-year-long track record providing cutting-edge technical services, is closely associated with the Renewable Energy Independent Power... 


The Ultra T.14
Tata launches new range of smart trucks in South Africa
16th February 2024 By: Schalk Burger

Multinational automobile manufacturer Tata Motors, through its authorised distributor Tata Africa, has announced the commercial launch of its range of multipurpose heavy-duty trucks, namely the... 


Big new Canada gold mine to enter production next month
Big new Canada gold mine to enter production next month
16th February 2024 By: Mariaan Webb

The Côté gold mine, in Sudbury, Ontario, is on the cusp of production, Toronto-listed Iamgold reported on Thursday. The project entered 2023 with construction about 64% completed and finished the... 


Image of Cape Town mayor Geordin Hill-Lewis
Cape Town greenlights fund to help build rental units in lower-income communities
16th February 2024 By: Irma Venter

The City of Cape Town Mayoral Committee (Mayco) has greenlit the creation of a Development Charges Fund to support micro-developers in building affordable housing in lower-income communities.  The... 


Australian dollars
Aveng switches reporting currency to Australian dollar, expects increase in interim earnings
16th February 2024 By: Marleny Arnoldi

JSE-listed construction group Aveng has elected to change its reporting currency from the rand to the Australian dollar, effective from the six months ended December 31, 2023. With Aveng having... 


Aerial photo of the Bécancour industrial park showing NMG’s land for its Phase-2 Bécancour battery material plant.
Nouveau Monde strikes supply deals with GM, Panasonic
16th February 2024 By: Mariaan Webb

Canadian miner Nouveau Monde Graphite (NMG) on Thursday announced an offtake agreement with General Motors (GM) and a commitment from the automotive giant to invest $150-million to support the... 


PALLETS OF DRILL CORE FROM THE DX PROJECT
Dougou Extension sylvinite project, Congo-Brazzaville – update
16th February 2024 By: Sheila Barradas

Kore Potash aims to exploit the project's mineral resource, a sylvinite deposit with exceptionally high potassium chloride grade, compared with that of global potash operations. 


South drill results cross sectionLafigué South drill results cross section
Lafigué gold project, Côte d'Ivoire – update
16th February 2024 By: Sheila Barradas

Endeavour Mininf has reported that construction activities are well advanced. 


Image of Namibia map/flag
Oshivela decarbonised iron plant, Namibia
16th February 2024 By: Sheila Barradas

The project involves the construction of Africa’s first decarbonised iron plant. 


Photo of Terence Creamer
Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Image of battery with solar panels
ACWA Power Project DAO, South Africa
16th February 2024 By: Sheila Barradas

The project is a dispatchable renewable hybrid plant, which includes a solar photovoltaic installation and battery storage. 


Image of solar panels and sunshine
Springbok solar photovoltaic plant, South Africa
16th February 2024 By: Sheila Barradas

SOLA Group is building a solar photovoltaic plant in the Free State. 


Image of Namibia map/flag
Swanson tantalum/lithium project, Namibia – update
16th February 2024 By: Sheila Barradas

Site preparation has started. 


Image of electricity pylons and solar panels
Mmadinare solar complex, Botswana
16th February 2024 By: Sheila Barradas

Financial close on the first phase of the project was reached in December 2023. 


Location map of the Alacran project
Alacran copper/gold project, Colombia
16th February 2024 By: Sheila Barradas

A feasibility study has demonstrated an economically attractive project. 


Magazine cover image
Can SA mining prevent more hostage dramas in 2024?
16th February 2024 By: Darren Parker

Since October of last year, several unlawful underground protests have raised serious concerns about the potential emergence of a new trend in which frustrated underground mineworkers turn to... 


IMAGE OF TULU KAPI DRILL CORE
Tulu Kapi gold project, Ethiopia – update
16th February 2024 By: Sheila Barradas

Following meetings with senior representatives of stakeholders for Kefi’s Tulu Kapi project at this year’s Investing in African Mining Indaba, all parties in the funding syndicate will go to their... 


Image of lithium ore
Seymour and Root – mine and concentrator projects, Canada
16th February 2024 By: Sheila Barradas

A preliminary economic assessment has considered two development options for the project. 


An image of the Liqui Moly silicone sealing compounds product in motion
Silicone compounds benefit various operations
16th February 2024

The range of oils, additives and care products produced by industrial equipment supplier BMG contain silicone sealing compounds, which have been developed by Liqui Moly to seal various materials in... 


An image of Cesa CEO Chris Campbell
2024 could be ‘turning point’ for infrastructure sector
16th February 2024 By: Lumkile Nkomfe

Amid an evolving political landscape and the imminent challenges of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the critical need to expedite infrastructure... 


BRIDGING THE GAP
Candi Solar is eager to bridge the gap in the solar market through its financial model
Solutions provider offers financing model for solar
16th February 2024

Solar solutions provider Candi Solar is offering a financing model to companies who cannot afford the commonly significant upfront expenditure for solar energy installations. The initiative... 


A group of make shift tents and lean to's in the DRC Bush which houses artisanal miners and their families
DRC investment to be buoyed by elevated copper price
16th February 2024 By: Halima Frost

A forecasted increase in global copper prices will encourage continued investment in the “copper and cobalt mining powerhouse of Africa” – the Democratic Republic of the Congo (DRC) – reports... 


A three story high reactor manufactured by Viva Engineering with people in PPE under it to show scale
Complex SA-DRC reactor project recognised
16th February 2024

The fabrication, in South Africa, of six large reactors for the Azmet Reactor project, being undertaken at a mine in the Democratic Republic of Congo (DRC), is a “massive achievement” after it was... 


Magazine cover image
Can SA mining prevent more hostage dramas in 2024?
16th February 2024 By: Darren Parker

Since October of last year, several unlawful underground protests have raised serious concerns about the potential emergence of a new trend in which frustrated underground mineworkers turn to... 


An image depicting Landsdowne CEO Jonathan Kohler
Landsdowne sees growth potential for sectional title estates in townships
15th February 2024 By: Sabrina Jardim

As managers of the Orlando Towers Estate, a sectional title and lifestyle development in Soweto, Gauteng, residential estate manager Landsdowne Property Group notes that there is growth potential... 


Reside Summit chairperson Debbie Tagg
Residential development summit to foster govt, private sector collaboration
15th February 2024 By: Schalk Burger

The Residential Investment and Development (Reside) Summit, which will be held in Johannesburg from July 16 to 19, has a key objective to foster collaboration between governmental stakeholders and... 


Kimberly-Clark signs PPA for 2.2 MW solar plant for its Cape Town facility
15th February 2024 By: Schalk Burger

Personal care and hygiene products manufacturer Kimberly-Clark has signed a long-term power purchase agreement (PPA) with energy company Energy Partners (EP), which will install a 2.2 MW rooftop... 


Palladium bars.
Now palladium comes under the Heraeus-Sibanye spotlight to boost hydrogen economy
15th February 2024 By: Martin Creamer

Germany’s Heraeus Precious Metals and South Africa’s Sibanye-Stillwater are partnering to explore new applications for platinum-group metals (PGMs) in the hydrogen economy, with a specific focus on... 


Image of concrete being laid
Admixtures help manage effects of extreme weather
15th February 2024

Extreme weather conditions such as very hot or cold ambient temperatures can affect both strength and open time, when working with concrete. CHRYSO Southern Africa technical manager Patrick... 


Budget expected to show conditions remain unsupportive of fiscal consolidation – Nedbank
15th February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,... 


Powerlines
Former IPP Office head now sees definite role for private sector in grid development
15th February 2024 By: Terence Creamer

The former head of South Africa’s Independent Power Producer (IPP) Office, Karen Breytenbach, believes there is a compelling case for the injection of private sector investment to accelerate the... 


Datacentres, meet microgrids
Datacentres, meet microgrids
15th February 2024

By Faith Waithaka, Cloud and Service Provider Segment Sales Lead: Anglophone Africa at Schneider Electric Discussions around datacentre reliability have moved up a gear to include sustainable... 


It is an uncertain time for the Western Australia nickel industry
BHP considers closing WA Nickel, flags impairments
15th February 2024 By: Mariaan Webb

Diversified mining major BHP is considering closing its Western Australia Nickel operations, amid the sharp fall in prices, the company announced on Thursday. BHP said it could place Nickel West... 


The Hermosa project in the US state of Arizona
South32 board approves $2.16bn US zinc mine
15th February 2024 By: Mariaan Webb

The board of South32 has given the green light for the development of the Taylor polymetallic deposit – the first development at its regional-scale Hermosa project in the US state of Arizona. The... 


Chinese firm selected as preferred EPC partner for $30m Theta contract
Chinese firm selected as preferred EPC partner for $30m Theta contract
14th February 2024 By: Mariaan Webb

Gold development company Theta Gold Mines has selected Yellow River Co (YRC), a subsidiary of Power Construction Corporation of China, for the construction of its TGME gold plant, tailings storage... 


Energy Minister Jonathan Wilkinson
Risk of stranded LNG assets is 'real', Canada’s Wilkinson says
14th February 2024 By: Bloomberg

The US decision to pause approvals of new licenses to export liquefied natural gas is welcome, and there are “real” risks that some infrastructure will end up stranded, Canada’s Energy Minister... 


DRDGOLD CEO Niël Pretorius
DRDGOLD reports near R1bn operating profit despite 7% production dropoff
14th February 2024 By: Darren Parker

Despite its gold production for the six months to December 31, 2023, having decreased by 7%, owing to a 13% drop in throughput, DRDGOLD managed to return an operating profit of R909.3-million, with... 


Significant progress made on R292m Sir Lowry's Pass river upgrade
14th February 2024 By: Natasha Odendaal

Since breaking ground on the R292-million major upgrade of the Sir Lowry’s Pass river a year ago, the City of Cape Town is on track to complete the project in 2026. The upgrades, in an effort to... 


Image of Hino VP Anton Falck
Hino to double solar energy output at its Durban plant
13th February 2024 By: Irma Venter

Hino South Africa (SA) will this year double the energy output from the solar roof panel project at its truck assembly plant in Durban, says VP Anton Falck.  “Currently the roof panels provide 600... 


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