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Press Office - WEG Africa

The Copler mine in Turkey
Landslide at SSR’s Turkish mine triggers cyanide spill concerns
15th February 2024 By: Bloomberg

A landslide at a gold mine in eastern Turkey triggered concerns of cyanide contamination in western Asia’s longest river. The incident at the Copler mine dislodged ten million cubic meters of... 


Woodside flags $1.2bn charge against asset bought under BHP merger
Woodside flags $1.2bn charge against asset bought under BHP merger
15th February 2024 By: Reuters

Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2-billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its... 


Lithium players to gather in Arkansas as low prices pressure industry
15th February 2024 By: Reuters

Exxon Mobil, Albemarle and others eyeing ways to tap Arkansas's vast lithium reserves will gather in Little Rock this week as the industry grapples with sagging prices for the battery metal that... 


Whitehaven Coal tumbles as profit drops, dividend misses consensus
Whitehaven Coal tumbles as profit drops, dividend misses consensus
15th February 2024 By: Reuters

Australia's Whitehaven Coal reported an 86% drop in first-half profit on Thursday and announced an interim dividend that missed market consensus, sending its shares more than 7% lower. Shares of... 


Zesco representatives recently visited one of FQM's mines
First Quantum in talks with utility to improve Zambia’s grid efficiency
14th February 2024 By: Tasneem Bulbulia

Stabilisation of the national power grid is a prerequisite to increasing Zambia’s copper production to three-million tonnes a year, says miner First Quantum Minerals (FQM). Ensuring that power was... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
Hydrogen cars come into sharp new focus as global climate politics takes turn for better
14th February 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


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... 


An image showing Pan African Resources' Mogale project
Pan African on track to deliver full-year guidance following strong interim period
14th February 2024 By: Tasneem Bulbulia

Gold miner Pan African Resources delivered an “excellent” safety, production and financial performance for the six months ended December 31, 2023, which positions the group well to deliver on its... 


Mintek's GE Additive Concept Laser Mlab Cusing R machine
Mintek acquires laser bed fusion 3D printer
14th February 2024 By: Marleny Arnoldi

National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and... 


Image of MTN South Africas solar park at its headquarters in Johannesburg
MTN South Africa’s solar project progresses net zero ambitions
14th February 2024 By: Natasha Odendaal

MTN South Africa has switched on 5 418 out of the planned 9 000 solar panels at its 14th Avenue headquarters as it progresses its solar renewable energy project. Over 50% complete, the energisation... 


Groundbreaking property summit aims to transform the residential sector to enable “house for all”
Groundbreaking property summit aims to transform the residential sector to enable “house for all”
14th February 2024

To address the imperative of delivering housing for all South Africans, the country's fragmented residential property sector must be transformed and unified. The Residential Investment &... 


Tycoon Birla’s Hindalco bids for Indian critical minerals leases
14th February 2024 By: Bloomberg

Hindalco Industries is bidding for critical minerals exploration sites being auctioned by India, as the metals producer owned by billionaire Kumar Mangalam Birla seeks to build its portfolio of... 


EcoPhi Renewables Engineering GmbH
EcoPhi Renewables Engineering GmbH
14th February 2024

EcoPhi receives RES funding for the marketing of its innovative digitization solutions for renewable energy projects in South Africa Karlsruhe, December 27, 2023: In order to tap into the South... 


Wind, solar, batteries
Innovative 128 MW solar-wind-battery project achieves financial close
14th February 2024 By: Terence Creamer

The 128 MW Oya Energy hybrid project, which will combine variable renewables and batteries to produce dispatchable electricity daily between 5:00 and 21:30 for injection into South Africa’s... 


Coal India to add new mines, expand existing ones to meet higher demand, chairman says
14th February 2024 By: Reuters

State-run Coal India plans to start operations at five new mines and expand capacity of at least 16 existing ones to address growing demand for the fuel, its chairman told Reuters on Wednesday.... 


ROMPCO to address looming gas-supply crisis at Africa Energy Indaba 2024
ROMPCO to address looming gas-supply crisis at Africa Energy Indaba 2024
14th February 2024

The Africa Energy Indaba 2024 is a significant event in the energy sector, bringing together industry leaders, policymakers, innovators, and stakeholders. Republic of Mozambique Pipeline... 


Komati Power Station
South Africa’s inaugural Grid Emission Measure highlights coal dependence
14th February 2024 By: Bloomberg

South Africa produced its inaugural official gauge of the carbon intensity of its electricity production, confirming its status as one of the world’s top producers per capita of greenhouse gases.... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


Aguia appoints Brazil country manager
14th February 2024 By: Creamer Media Reporter

Australia-listed Aguia Resources has appointed Tim Hosking to the role of country manager for its Brazil operations. As country manager living full time in Brazil, Hosking will assume overall... 


Engen post image
Engen to Showcase its Sustainability and Social Impact Initiatives at Investing in African Mining Indaba 2024
14th February 2024

Engen, a progressive energy and solutions partner dedicated to enriching lives for a sustainable future, is excited to announce its participation in the 2024 'Investing in African Mining Indaba,'... 


Energy Minister Jonathan Wilkinson
Canada to accelerate critical mineral mining - Energy Minister
14th February 2024 By: Reuters

Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, Energy Minister Jonathan... 


SSR Mining halts gold production in Turkey after landslide, shares tank
SSR Mining halts gold production in Turkey after landslide, shares tank
14th February 2024 By: Reuters

Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing and sparked a more than 50% plunge in its Toronto-listed... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


Sasol's gas processing facility and pipeline
Gas users call for urgent policy and infrastructure decisions to avert 2026 ‘day zero’
13th February 2024 By: Terence Creamer

The Industrial Gas Users Association – Southern Africa (IGUA-SA) is warning of a gas supply ‘day zero’ for several large and small manufacturing enterprises and says that urgent decisions will be... 


Anglo American's new head office in Oxford Road
Bambili close to finishing feasibility study on hydrogen fuel cell power system for Anglo’s head office
13th February 2024 By: Darren Parker

Diversified mining major Anglo American has selected hydrogen energy solutions company Bambili Energy to deploy a 2 MW hydrogen fuel cell power system lighthouse project to provide electricity at... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Macquarie commodities head resigns
13th February 2024 By: Bloomberg

Macquarie Group’s profit fell due to reduced activity in its commodities and global markets business, while the veteran head of the division will step down later this month. Earnings for the nine... 


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... 


Opinion: Takeways from the 2024 Mining Indaba
Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being... 


Komatsu’s 4800XPC rope shovel is not only an engineering marvel but once fully assembled, will also be the first of its kind in Africa
Heavy equipment manufacturer adopts cutting-edge innovations for sustainable mining
13th February 2024 By: Shannon de Ryhove

Leading heavy equipment manufacturer Komatsu provided insights into the company's pioneering development in the mining sector during an exclusive interview at the Investing in African Mining... 


Plastics industry response to President Cyril Ramaphosa's 2024 State of the Nation Address
13th February 2024

Plastics SA, the umbrella body representing the local plastics industry, has issued a response to President Cyril Ramaphosa's State of the Nation Address (SONA)  delivered on February 8, 2024.... 


H2 gas sign
South Africa looks to Japanese collaboration on green hydrogen development
13th February 2024 By: Darren Parker

The Japan External Trade Organisation (Jetro) this week hosted key South African private and public sector delegates and a high-profile Japanese business delegation at a green hydrogen seminar, in... 


DBSA
DBSA continues to create new and clean energy generation initiatives for local communities
13th February 2024

Since the announcement of the Embedded Generation Investment Programme (EGIP) in 2021, the Development Bank of Southern Africa (DBSA) is pleased to announce the approval of about R8-billion worth... 


PetroSA appoints new acting CEO
13th February 2024 By: Marleny Arnoldi

The State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed acting COO Sesakho Magadla as acting group CEO effective immediately. This follows former acting CEO... 


No guarantees - this is why you need a microgrid
No guarantees - this is why you need a microgrid
13th February 2024

By Nishandra Baijnath, Systems Architect, Power Systems, Anglophone Africa at Schneider Electric If 2023 has taught us anything, is that the energy landscape is dynamic, robust, and versatile.... 


Uranium developers say supply jolt is boosting new projects
Uranium developers say supply jolt is boosting new projects
13th February 2024 By: Bloomberg

Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts. Recent talks with prospective... 


Strike Energy plunges as much as 31% due to problems at gas well
13th February 2024 By: Bloomberg

Australian oil and gas producer Strike Energy lost almost a third of its value at one point on Tuesday as the company’s shares plunged due to problems at a key gas well. The South Erregulla-3 well... 


Mayor Leon Stephens and Magnetite Mines CEO Tim Dobson signed memorandum of understanding on Tuesday.
Partnership positions Port Pirie as future green iron hub
13th February 2024 By: Mariaan Webb

As the global steel industry moves to decarbonise, iron-ore miner Magnetite Mines has partnered with Port Pirie to position the South Australian port as a future green iron production hub. Green... 


SAWEA CEO Niveshen Govender
IRP deadline extension an opportunity for more renewables ambition in line with SoNA vision - SAWEA
12th February 2024 By: Terence Creamer

The recent extension of the deadline for responses to the draft Integrated Resource Plan 2023 (IRP 2023) presents an opportunity to incorporate the vision presented by President Cyril Ramaphosa in... 


Sun Exchange moves to become solar, battery storage project developer
12th February 2024 By: Schalk Burger

Crowdsale-financing solar power projects company Sun Exchange will shift its focus to becoming a full-service commercial solar power and energy storage project developer, with all projects to be... 


Image of Cape Town mayor Geordin Hill-Lewis
Households can now apply to sell their excess solar power to the City of Cape Town 
12th February 2024 By: Irma Venter

The City of Cape Town is now enabling households to earn cash for the power generated from their solar photovoltaic generation systems.  Mayor Geordin Hill-Lewis says a first round of applications... 


Steelmakers turning to DRI amid transition
Steelmakers turning to DRI amid transition
12th February 2024 By: Sabrina Jardim

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 


Electricity tariffs are currently determined using the MYPD methodology and involve various adjudication steps, including the public hearings pictured here
Not practical to implement new ‘black box’ tariff rules from 2025, Eskom insists
12th February 2024 By: Terence Creamer

Eskom says the Electricity Pricing Determination Rules (EPDR) approved by the National Energy Regulator of South Africa (Nersa) in December cannot be implemented for the 2025/26 financial year as... 


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