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WEG Africa

Press Office - WEG Africa

Livestock farm
Agriculture, fossil fuel burning the main reasons why Africa is emitting more carbon
3rd April 2024 By: Marleny Arnoldi

Research by University of the Witwatersrand (Wits) academics finds that Africa has moved from being a net carbon sink to a net carbon source in nine years, meaning the rate at which carbon is being... 


Kamoa-Kakula Copper Complex
Ivanhoe reports 86 203 t of copper production at Kamoa-Kakula in first quarter
3rd April 2024 By: Darren Parker

During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has... 


Chinese groups partner to deliver major solar energy power plant in South Africa
3rd April 2024 By: Rebecca Campbell

Chinese photovoltaic (PV) and energy storage systems company Trina Solar announced on Wednesday that it has entered a partnership with China Energy International Group and China Gezhouba Group to... 


Pensana's Geraldine Tchimbali receives WIM100 award nomination
3rd April 2024 By: Sabrina Jardim

Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial... 


Salungano to appeal dismissal of Keaton Energy business rescue application
Salungano to appeal dismissal of Keaton Energy business rescue application
3rd April 2024 By: Tasneem Bulbulia

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 


Askari’s strategic uranium prospect acquisitions align with clean energy objectives
Askari’s strategic uranium prospect acquisitions align with clean energy objectives
3rd April 2024 By: Darren Parker

ASX-listed Askari Metals has affirmed that its uranium acquisition strategy in southern Tanzania serves as a cornerstone of the company's African clean energy focus. Askari is set to propel various... 


US, EU are set to miss a critical minerals agreement this week
3rd April 2024 By: Bloomberg

A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according to people familiar with the discussions. The final... 


China’s coal price slump likely to persist until start of summer
China’s coal price slump likely to persist until start of summer
3rd April 2024 By: Reuters

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners. The country’s benchmark... 


ERA appoints Rio Tinto to manage Ranger rehabilitation
ERA appoints Rio Tinto to manage Ranger rehabilitation
3rd April 2024 By: Creamer Media Reporter

Energy Resources of Australia (ERA) has brought in major shareholder Rio Tinto’s global expertise in mine closure to manage the rehabilitation of the Ranger uranium mine, in Northern Territory.... 


Bell Equipment Model 200 Grader
Bell Equipment advances contract manufacturing initiative
3rd April 2024 By: Marleny Arnoldi

Heavy equipment manufacturer Bell Equipment has been growing its business organically by investing in the development and enhancement of products, increasing market share in key regions, such as... 


IEA executive director Dr Fatih Birol
IEA strengthens collaboration with climate leaders as more commitments take shape
3rd April 2024 By: Marleny Arnoldi

After nearly 200 countries made major energy commitments at the COP28 climate summit in Dubai, the International Energy Agency (IEA) is taking a leading role in ensuring these promises are... 


OAR acquires two uranium prospects in Namibia
3rd April 2024 By: Darren Parker

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the... 


Coal station
South Africa coal-plant closure delays risk thousands of deaths
3rd April 2024 By: Bloomberg

Delays to the planned closures of coal-fired power plants proposed by South Africa’s energy department could result in thousands of deaths from air pollution and lead to billions of dollars of... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe names South African National Petroleum Company board, interim CEO
3rd April 2024 By: Terence Creamer

The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the... 


Rare earth oxides
IonicRE, Viridis to form JV to advance rare earth prospects in Brazil
3rd April 2024 By: Darren Parker

ASX-listed companies Ionic Rare Earths (IonicRE) and Viridis Mining and Minerals are to form a 50:50 joint venture (JV) company to advance rare earth separation business prospects in Brazil. The JV... 


Standard Bank reduced its GHG emissions by 4.6% in 2023
3rd April 2024 By: Schalk Burger

Financial services firm Standard Bank has reduced the carbon emissions from its facilities across Africa by 4.6% year-on-year in 2023, putting the group ahead of its 2040 net-zerio target, says... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Cover image for Creamer Media's Africa Mining Pip 2024
Africa Mining Projects in Progress 2024
3rd April 2024 By: Creamer Media Reporter

There is a significant, virtually unparalleled opportunity and “appetite” for Africa’s minerals and metals. Consequently, Africa potentially stands to benefit considerably from this minerals... 


Policy uncertainty edging further into negative territory ahead of elections, report shows
3rd April 2024 By: Darren Parker

The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded... 


Etana CEO Evan Rice
Autocast to benefit from renewables deal with Etana Energy
2nd April 2024 By: Sabrina Jardim

Cast and machined components supplier Autocast South Africa is the first of more than 30 of Nelson Mandela Bay’s largest electricity users to benefit from a renewable power supply deal with... 


Spear to acquire Western Cape properties from Emira
2nd April 2024 By: Sabrina Jardim

JSE-listed real estate investment trust (Reit) Emira and its wholly owned subsidiaries have agreed to dispose of 13 predominantly industrial and office properties situated in the Western Cape to... 


An image from a study showing the evolution of yearly wind energy indexes on a global scale
Study highlights predictability of wind power production
2nd April 2024 By: Tasneem Bulbulia

Wind and solar resource assessment consultancy Eoltech has released findings of a new study that aims to assess the variations of the global wind resource over the last 15 years, with the data... 


Nedbank CIB Markets Research Head Arnold van Graan.
Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB
2nd April 2024 By: Martin Creamer

Platinum group metals (PGM) prices, where they are now, do not reflect the medium to long-term supply demand fundamentals. Instead, they are driven by short-term distortions, which imply that a... 


Distance, what distance?  Microgrids meet remote operations’ energy requirements
Distance, what distance? Microgrids meet remote operations’ energy requirements
2nd April 2024

By Nishandra Baijnath, Systems Architect, Power Systems, Anglophone Africa at Schneider Electric As the world’s second largest continent, the vast expanse Africa lends itself to remote operations,... 


Business Leadership South Africa CEO Busisiwe Mavuso
BLSA calls for immediate reworking of IRP, describing assumptions as ‘spurious’
2nd April 2024 By: Terence Creamer

Business Leadership South Africa (BLSA), whose members include the largest domestic and foreign companies operating in South Africa, has added its voice to a growing chorus of opposition to the... 


Clean energy company implements renewable energy system for major agri business
2nd April 2024 By: Rebecca Campbell

South African clean energy infrastructure development and operation company Blue Energy Africa has highlighted its implementation of hybrid solar and battery energy systems for a major Western Cape... 


Brand new fuel cell is platinum-catalysed.
New platinum-based hydrogen fuel cell as cheap to make as conventional car engine
2nd April 2024 By: Martin Creamer

The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines... 


Paladin uranium plant in Namibia
Paladin achieves commercial production at Langer Heinrich
2nd April 2024 By: Darren Parker

ASX-listed uranium producer Paladin Energy has achieved uranium concentrate production and drumming at the Langer Heinrich Mine (LHM), in Namibia, as of March 30. The company said in a statement on... 


Jonathan McKey, National Sales and Marketing Manager at SEW-EURODRIVE
Quality SEW-EURODRIVE gearboxes now available for centre pivot irrigation in SA
2nd April 2024

Offering a complete gear solution for centre pivot irrigation systems, SEW-EURODRIVE brings its quality products and support as an original equipment manufacturer (OEM) closer to South Africa’s... 


Eskom's Hex battery project, developed separately form the IPP procurement programmes currently under way
Third battery storage programme seeks bids for five Free State sites
2nd April 2024 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) has launched South Africa’s third public procurement round for utility-scale batteries, while also extending the bid submission deadline for... 


Sedgman acquires MinSol Engineering
2nd April 2024 By: Creamer Media Reporter

Engineering-led construction, mining and services group Sedgman has acquired firm MinSol Engineering, marking its third acquisition in the critical minerals processing sector. The acquisition,... 


Wind turbines
China could drive Africa's renewable energy revolution, report says
2nd April 2024 By: Reuters

China has a unique opportunity to drive forward an energy revolution in Africa, but it must first reverse nearly two decades of neglect of green power investments there, research from Boston... 


RFP under the BESIPPPP third bid submission phase (Bid Window 3)
RFP under the BESIPPPP third bid submission phase (Bid Window 3)
2nd April 2024

The Department of Mineral Resources and Energy ("the Department") formally invites interested parties to register prospective bids under the third bid window of the Battery Energy Storage Capacity... 


Iron-ore’s reset lower to $100 heralds China’s new economy shift
Iron-ore’s reset lower to $100 heralds China’s new economy shift
2nd April 2024 By: Bloomberg

Iron-ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors the new economy over the old. The steelmaking material plunged to $95.40 a ton... 


Top China lithium firms look past profit slump and vow expansion
Top China lithium firms look past profit slump and vow expansion
2nd April 2024 By: Bloomberg

Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market. Tianqi Lithium and Ganfeng Lithium Group reported sharp drops in 2023 net income last week... 


Canada's mild winter disrupts key ice road to remote Arctic diamond mines
Canada's mild winter disrupts key ice road to remote Arctic diamond mines
2nd April 2024 By: Reuters

An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines, and De Beers to... 


Bridge disaster leaves some US coal miners with few options
29th March 2024 By: Bloomberg

The catastrophic shipping accident that’s choked off Baltimore harbor is leaving few options for some US coal exporters, with Consol Energy facing the biggest threat to its operations. “Consol has... 


Vodacom SA awarded 5-Star Green Star certification
29th March 2024 By: Natasha Odendaal

Telecommunications group Vodacom South Africa has been awarded 5-Star existing building performance (EPB) certifications for two of its buildings, Vodacom’s Business Park and Corporate Park, at its... 


 An image if Professor Nicola Wagner
Coal mining remains important
29th March 2024 By: Trent Roebeck

A prosperous future for the coal mining industry in South Africa depends on public and private sector parties tapping into its vast coal reserves, and power generation processes by State-owned... 


Scematic of the MadoquaPower2x facility
Sines green hydrogen and green ammonia plant, Portugal
29th March 2024 By: Sheila Barradas

MadoquaPower2X plans to build a hydrogen and ammonia facility in Sines. 


Image of South Africa map/flag
Sasol and Air Liquide large-scale renewable-energy project, South Africa – update
29th March 2024 By: Sheila Barradas

The Development Bank of Southern Africa has been appointed to act as a co-mandated lead arranger for three large-scale wind farms and 120 km of transmission lines, in the Eastern Cape. 


Photo of Terence Creamer
Important milestone
29th March 2024 By: Terence Creamer

The passing of the Electricity Regulation Act (ERA) by the National Assembly earlier this month represents a significant milestone in the ongoing evolution and reform of South Africa’s struggling... 


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