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Press Office - WEG Africa

Alberta’s Premier Smith sees US LNG export pause as opportunity
9th February 2024 By: Reuters

President Joe Biden’s decision to pause approval of new liquefied natural gas export licences is an opportunity for Canada as the country prepares to start exporting the fuel, Alberta’s Premier... 


February Glow: Sungrow ensures peace of mind for South African homes
February Glow: Sungrow ensures peace of mind for South African homes
9th February 2024

Mzansi can now enjoy unprecedented peace of mind as Sungrow, a symbol of reliability in the nation's energy sector, shines a light on its innovative power optimizer technology, designed to... 


MATT CRANE
BDO Partner, Head of Natural Resources and Energy
Reshaping the mining landscape: Future transformations and global energy impact
9th February 2024 By: Shannon de Ryhove

Accounting and advisory firm BDO’s 2024 Mining Report, which has just been published, offers a deep dive into the latest trends, challenges and opportunities in the UK and global mining sectors.... 


The Durban Container Terminal
Business stakeholders find ‘election-oriented’ SoNA wanting
9th February 2024 By: Marleny Arnoldi

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 


Kore’s JSE share price rises on confirmation of receipt of EPC proposal, draft contract
9th February 2024 By: Tasneem Bulbulia

Triple-listed Kore Potash’s share price on the JSE surged by more than 30% on February 9 after it confirmed that PowerChina International Group had, on February 6, delivered its engineering,... 


Atlantic Council’s Africa Center launches programme on African critical minerals
9th February 2024 By: Creamer Media Reporter

The Africa Centre of think tank Atlantic Council is launching an innovative three-year programme focused on critical minerals in Africa. As home to 30% of the world’s critical-mineral reserves,... 


Green projects to present investment pipeline of over $1 billion at Africa’s Green Economy Summit
9th February 2024

   Africa’s Green Economy Summit, taking place from 21-23 February 2024 in Cape Town, not only features the continent’s major sustainability thought leaders, but also provides a springboard for... 


South Africa’s security technology market poised for growth – research
9th February 2024 By: Tasneem Bulbulia

The South African security technology market is poised for growth, making it one of the exceptions compared with other industries in the country that are currently facing economic and financial... 


Opec Fund extends $30m loan to Uganda to upgrade rural road
9th February 2024 By: Schalk Burger

The Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development is extending a $30-million loan to support the development of a key transportation link in Uganda.... 


Uranium is having more than a momentary surge, says Cameco CEO
Uranium is having more than a momentary surge, says Cameco CEO
9th February 2024 By: Mariaan Webb

The current bullish trend in the uranium market is not just a fleeting moment, uranium major Cameco CEO Tim Gitzel declared on Thursday, stating that the market is driven by global-scale factors... 


Most of construction industry expects busy, profitable 2024, survey shows
9th February 2024 By: Schalk Burger

A survey of the construction industry by construction software company RIB Software indicated that the industry in the sub-Saharan Africa, Middle East and North Africa (Mena) region is looking... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


Vale and Hydnum Steel to study building briquette plant in Spain
9th February 2024 By: Reuters

Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be... 


From left to right: BHP's Tim Day, Bluescope's Tania Archibald and Rio Tinto's Simon Trott
Australian iron-ore giants partner on steel decarbonisation
9th February 2024 By: Mariaan Webb

Australia’s two biggest iron-ore producers and its biggest steelmaker have announced a partnership to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the... 


Programme eyes critical minerals
9th February 2024 By: Donna Slater

Independent Vancouver, Canada-based public geoscience organisation Geoscience British Columbia is bringing together government, industry and other partners for the first desktop phase of the... 


The above image depicts the DIV forklift trucks and warehouse equipment that is being incorporated into the Bobcat brand
Rebranding of premier forklift brand
9th February 2024

Key player in the industrial warehousing equipment sector Goscor Lift Trucks (GLT) announced the rebranding of its premier forklift brand, Doosan, which will now be supplied under the Bobcat livery... 


An image of SICK executive board chairperson Dr Mats Gökstorp
Partnership to facilitate process technology development, broaden product range
9th February 2024

Sensor company SICK and measurement and automation technology specialist Endress+Hauser are aiming to enter a strategic partnership to broaden Endress+Hauser's product range, enhance SICK's process... 


an aerial view of the Russel Camp in Canada which is part of Skyharbours portfolio
Uranium explorer expands portfolio
9th February 2024

Uranium exploration company Skyharbour Resources has acquired several new prospective uranium exploration claims through online staking and through an agreement with exploration and project... 


ESKOM ECHOES
ESKOM ECHOES
9th February 2024

There are slight echoes of South Africa’s Eskom in Taiwan, where the precarious financial state of the country’s sole electricity utility, Taipower, is threatening the island’s clean energy... 


Photo of Terence Creamer
Worrying outlier
9th February 2024 By: Terence Creamer

The International Energy Agency’s (IEA’s) most recent report on the electricity sector includes a troubling section on Africa’s recent underperformance in this regard. In the section, the authors... 


Photo of Martin Creamer
It’s critical that we get into critical minerals
9th February 2024 By: Martin Creamer

By entering the critical minerals sector holistically and achieving a net-zero future at home, South Africans can meet the objectives of creating employment, reducing inequality and lessening... 


Construction of Stellantis’ R3bn Coega auto assembly plant poised to start in May
9th February 2024 By: Irma Venter

Construction work on Stellantis’ assembly plant in the Coega Special Economic Zone, in the Eastern Cape, should kick off in May, says the vehicle manufacturer’s new CEO, Mike Whitfield. The start... 


Busa post image
InvestSA’s Energy One-Stop Shop
9th February 2024

Business Unity South Africa (BUSA) and several other organisations are collaborating with the government to address the country’s energy crisis and welcomes the Energy One-Stop Shop (EOSS)... 


Image of wind turbine from below
Witberg wind energy project, South Africa
9th February 2024 By: Sheila Barradas

Red Rocket is building South Africa's biggest wind farm to date. 


Location map of the Etango uranium project
Etango-8 uranium project, Namibia – update
9th February 2024 By: Sheila Barradas

Bannerman Energy is hoping to make a final investment decision in the first half of 2025. 


Image of Christmas Creek iron-ore operation
Christmas Creek green iron trial commercial plant, Australia
9th February 2024 By: Sheila Barradas

Fortescue has approved the project. 


Image of sun shining on solar panels
Kairouan solar plant, Tunisia
9th February 2024 By: Sheila Barradas

AMEA Power's Kairouan solar plant will avoid the emission of 117 000 t of carbon dioxide over the course of its operation. 


Image of power lines
Songo–Matambo transmission line project, Mozambique
9th February 2024 By: Sheila Barradas

Electricidade de Moçambique aims to build a 118 km 400 kV high-voltage single-circuit transmission line from Songo to Matambo. 


Image of solar and battery storage
Grand Bara renewable-energy project, Djibouti
9th February 2024 By: Sheila Barradas

AMEA Power signed a 25-year power purchase agreement with the Djibouti government for a solar photovoltaic project, coupled with battery storage in August 2023. 


Image of the Kusile power plant
Kusile power plant project, South Africa – update
9th February 2024 By: Sheila Barradas

Unit 5 of Kusile was synchronised to the national grid at the end of December 2023. 


Location map of the Los Azules project
Los Azules copper project, Argentina – update
9th February 2024 By: Sheila Barradas

Canadian entrepreneur Rob McEwen is in talks to raise about $100-million for the project. 


Vidalia project site overview
Vidalia further expansion project, US – update
9th February 2024 By: Sheila Barradas

The heating cycle for the first furnace line at Vidalia started in January 2024. 


Location map of the Molo
Molo graphite project, Madagascar – update
9th February 2024 By: Sheila Barradas

NextSource expects to achieve nameplate capacity of 17 000 t/y at its Molo graphite mine by July 2024. 


Resources Watch
Resources Watch
8th February 2024

This week: Mining Indaba helps AMIS plan for year ahead; WiMSA has strong presence at Mining Indaba and, Astron Energy supports mining customers at Mining Indaba 


Mining services companies facing climate conundrums
8th February 2024 By: Rebecca Campbell

The need to counter climate change is raising a whole range of important issues for mining services companies, which, in comparison with the mining groups they served, are small in scale. This was... 


An Actom high-voltage equipment yard
Actom secures Selebi-Phikwe solar plant contract
8th February 2024 By: Schalk Burger

Electromechanical equipment manufacturer Actom High Voltage has secured a contract to supply and deliver high-voltage equipment for the Selebi-Phikwe solar photovoltaic (PV) plant, which is... 


Biodegradable cellulose gloves inventor wins 2024 Mining Innovation and Research award
8th February 2024 By: Schalk Burger

Industry association Women in Mining Kenya founder Grace Akinyi won the Mining Innovation and Research Battlefield 2024 competition with her 'Eco Green Gold’ concept to produce biodegradable gloves... 


The Kibali gold mine
Barrick highlights importance of socioeconomic development in poor countries
8th February 2024 By: Rebecca Campbell

The need to counter climate change and protect the environment should not distract attention from the need to achieve socioeconomic development in poor countries, Barrick Gold corporate... 


An image of World Gold Council climate change lead and market relations director John Mulligan
Gold mining industry striving to build on sustainability strides
8th February 2024 By: Tasneem Bulbulia

Striving for sustainability in every facet of the gold mining industry’s value chain is imperative and while considerable progress has been made in several areas, including responsible practices... 


A hydropower plant and related infrastructure
Mozambique’s $80bn energy overhaul to tap Zambezi’s power
8th February 2024 By: Bloomberg

Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. The government plans to add 14 000 MW of hydropower capacity, with the bulk of... 


China is oversupplied with commodities as deflation persists
8th February 2024 By: Bloomberg

China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Weak aggregate demand is the... 


SQM launches third call for lithium accelerator programme
SQM launches third call for lithium accelerator programme
8th February 2024 By: Creamer Media Reporter

Chile’s SQM Lithium Ventures has launched the third generation of its corporate acceleration programme focusing on innovative start-ups offering solutions within the lithium industry. The... 


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