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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 


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... 


Durban Automotive Cluster launches applications for Business Accelerator
7th February 2024 By: Sabrina Jardim

The Durban Automotive Cluster (DAC) has opened applications for its Business Accelerator Programme – spearheaded by the support of the eThekwini municipality and automotive companies, including... 


Employment and Labour Minister Thulas Nxesi
Nxesi appoints second National Minimum Wage Commission members
7th February 2024 By: Schalk Burger

Employment and Labour Minister Thulas Nxesi has appointed the second National Minimum Wage (NMW) Commission that will advise on the setting of the national minimum wage and sectoral determinations,... 


Hitachi showcases offering at Mining Indaba
Hitachi showcases offering at Mining Indaba
7th February 2024

Hitachi Global Air Power is a leading global industrial compressed air manufacturer building the machines that power industry. Headquartered in Michigan City, Indiana, its compressed air solutions... 


An image depicting IDC COO Joanne Bate
DMRE, IDC establish Junior Mining Exploration Fund
7th February 2024 By: Sabrina Jardim

The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation of South Africa (IDC) have signed a memorandum of agreement officially establishing the Junior... 


AECI CEO Holger Riemensperger
Transformed AECI to go big globally
7th February 2024 By: Rebecca Campbell

JSE-listed South African multinational AECI aims to be the global number three company in its core market segment of mining explosives and mining chemicals, by 2030. Of the company’s business, 80%... 


Artisanal cobalt miners in the DRC
Congo's Gecamines and Entreprise Generale du Cobalt sign mining deal
7th February 2024 By: Reuters

Congo's State mining company Gecamines and its subsidiary Entreprise Generale du Cobalt (EGC) have signed an agreement granting EGC exclusive mining rights to five mining areas, the firms said on... 


Mahlako Gas Energy invests in Tetra4 after it secures onshore petroleum licence
6th February 2024 By: Schalk Burger

Gas asset investment company Mahlako Gas Energy (MGE) has concluded its investment in Tetra4, which holds South Africa’s first onshore petroleum production licence. MGE, which now holds a 5.5%... 


New TLT-Turbo CEO Gerd Jegodzinski
TLT-Turbo appoints new CEO
6th February 2024 By: Darren Parker

Mining, tunnel and industrial fan manufacturer and mechanical vapour recompression (MVR) technology company TLT-Turbo has appointed Gerd Jegodzinski as its new CEO, effective January 4, succeeding... 


SRK Consulting brings power of innovation to Mining Indaba
SRK Consulting brings power of innovation to Mining Indaba
6th February 2024

Celebrating 50 years of serving the mining industry worldwide, SRK Consulting continues to be a partner to its clients in working to derisk mining investments. As an independent consultancy with... 


Advantages of investing in RBIDZ outlined at Mining Indaba
Advantages of investing in RBIDZ outlined at Mining Indaba
6th February 2024

Big investments require smart decisions, says state-owned Richards Bay Industrial Development Zone Company (RBIDZ) CEO Thabane Zulu during a video interview at the Investing in African Mining... 


Boston Consulting Group partner Rudi van Blerk
Energy shortage presents mining industry with opportunities, pivotal choices
6th February 2024 By: Darren Parker

The energy challenges facing mining companies in South Africa have given rise to significant opportunities, strategic management consulting firm Boston Consulting Group partner Rudi van Blerk says.... 


Seifsa calls for alternatives to scrap metal export ban
5th February 2024 By: Sabrina Jardim

In anticipation of Trade, Industry and Competition Minister Ebrahim Patel’s decision on the way forward regarding scrap metal regulations, and following the extended public comment period which... 


Astron Energy supports mining customers at Mining Indaba
Astron Energy supports mining customers at Mining Indaba
5th February 2024

Southern African petroleum products supplier Astron Energy is an enabling partner in the mining industry and its presence at the Investing in African Mining Indaba is just one of the many ways the... 


Quality components for greater safety
Quality components for greater safety
5th February 2024

Invicta Holdings Limited’s specialist automotive division has recently been restructured, with the establishment of Universal Parts Group (UPG) comprising Autobax, Driveshaft Parts and IMEXPART UK,... 


The QubePower range of lighting towers, from IPR, includes three different sizes
World class lighting towers at at IPR
5th February 2024

Having witnessed that customers often need robust and compact on-site lighting, IPR now offers the range of Olikara lighting towers to suit every application. The specialist pump dewatering company... 


 Hudaco CEO Graham Dunford.
Hudaco grew turnover by 9%, operating profit by 5% in 2023
2nd February 2024 By: Schalk Burger

JSE-listed industrial, automotive and electronics distributor Hudaco has increased turnover by 9.1% for the financial year ended November 30, 2023, to R8.9-billion, and its operating profit by 5.1%... 


Creamer Media cover for Iron-Ore 2023/24 report
Iron-Ore 2023/24: Bracing for change
2nd February 2024 By: Creamer Media Reporter

Creamer Media’s ‘Iron-Ore 2023/24: Bracing for change’ report considers the current iron-ore market focusing on key developments globally in the sector, namely supply, demand, trade, pricing and... 


A hydrogen fueling station
WPIC highlights South Korean hydrogen market as driver for platinum demand
2nd February 2024 By: Marleny Arnoldi

The World Platinum Investment Council (WPIC) is encouraged by the South Korean government’s more to accelerate the country’s transition to a clean hydrogen economy and its advancement of the... 


The Cahora Bassa hydropower plant
Mozambique seeks to end 50-year hydropower pact with South Africa
2nd February 2024 By: Bloomberg

Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s most industrialized economy and threatening the... 


Photo of Terence Creamer
SA green hydrogen developers urged to bid for €270m in grant funding
2nd February 2024 By: Creamer Media Reporter

The German Ministry for Economic Cooperation and Development is offering €270-million in nonrefundable grant funding to close “bankability gaps” standing in the way of implementing industrial-scale... 


Fortune extends option to acquire Alberta refinery site
2nd February 2024 By: Creamer Media Reporter

Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a... 


Photo of Martin Creamer
More openness around bewildering IDC manganese decision would be most welcome
2nd February 2024 By: Martin Creamer

The decision of South Africa’s State-owned Industrial Development Corporation (IDC) to financially back a Canada-owned Botswana-based battery manganese facility rather than a highly accomplished... 


Artist's impression of the SKA project
Square Kilometre Array project, South Africa/Australia
2nd February 2024 By: Sheila Barradas

A prototype dish for the SKA-Mid radio telescope array has started initial astronomical observations, known as “first light observations”. 


An image depicting people working on a ship
Marine engineer upgrades to the cloud
2nd February 2024

Industry cloud company Infor announced last year that ship repair and marine engineering company Dormac Marine and Engineering, a division of Southey Holdings, had embarked on an upgrade to move... 


MAINTENANCE SUPPORT
The truck-mounted recycling jetting and vacuuming unit tackles the specific hurdles encountered by maintenance teams working in the mining sector
Recycling jetting and vacuum unit redefining maintenance
2nd February 2024 By: Simone Liedtke

With optimising operations, reducing costs and embracing eco-conscious practices being imperative in the mining industry, pumps manufacturer Werner Pumps’ truck-mounted recycling jetting and... 


An image depicting the Nord Lock
High strength bolting solutions offered for marine services
2nd February 2024

Industrial equipment supplier BMG’s Nord-Lock Expander System pivot pin components offer dependable solutions that combat the challenges of lug wear in the marine and shipping sector. Pivots, which... 


Load-balancing helps optimise steam operations
2nd February 2024 By: Lynne Davies

Local operations and maintenance service provider Associated Energy Services (AES) has developed a load-balancing system that manages the splitting of a site’s steam requirements. An operation’s... 


Magazine cover image
Collaboration and grid investment key to making 2024 a turning point in SA’s power crisis
2nd February 2024 By: Tasneem Bulbulia

If South Africa’s energy investment programmes and reforms continue, the energy availability factor (EAF) for State-owned utility Eskom’s coal fleet does not decline, and business partnerships and... 


Maverick Generators
Maverick Generators
2nd February 2024

South African diesel generator manufacturer Maverick Generators is a level one broad-based black economic empowerment contributor with many thousands of satisfied clients across Africa. Established... 


Manganese ore from the K. Hill project
K.Hill battery-grade manganese project, Botswana – update
2nd February 2024 By: Sheila Barradas

Giyani Metals has secured $10-million in funding from private equity fund ARCH Sustainable Resources Fund. 


Image of Stellantis dealership
Stellantis automotive manufacturing facility, South Africa – update
2nd February 2024 By: Sheila Barradas

Construction work on the project should start in May. 


Five-year multinational project kicks off to advance the circular economy in the textile industry
Five-year multinational project kicks off to advance the circular economy in the textile industry
1st February 2024

“The World Bank estimates that nearly 20% of global wastewater comes from textiles,” said United Nations Industrial Development Organization Project Administrator, Franchesca Beru at an inception... 


“Triple win: How Africa’s industrials can decarbonise, lower energy costs and increase reliability all at the same time”
“Triple win: How Africa’s industrials can decarbonise, lower energy costs and increase reliability all at the same time”
1st February 2024

By Ella Teperi, General Manager, Market & Financial Analysis, Decarbonisation Services at Wärtsilä Energy In African countries, particularly those with a well-developed industrial sector, a... 


Hedge funds react to supply shocks with bold bets on copper
Hedge funds react to supply shocks with bold bets on copper
1st February 2024 By: Bloomberg

A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year. Funds including Tribeca Investment Partners, Terra... 


An image depicting Maude Modise standing alongside two students
Shoprite Foundation launches robotics labs at KwaZulu-Natal high schools
1st February 2024 By: Sabrina Jardim

As part of the first phase of a programme to provide technology support for various schools around South Africa, the Shoprite Foundation launched two fully equipped robotics laboratories at the... 


Generating 1 GW of solar power capacity through photovoltaics requires 685 000 oz of silver.
Miners appeal to Canada to declare silver a critical mineral
1st February 2024 By: Mariaan Webb

Executives from Canadian and international silver mining producers operating in the country have appealed to government to recognise silver as a critical mineral. In a letter addressed to Energy... 


Sigma announces jump in size of Brazilian deposits
1st February 2024 By: Bloomberg

Sigma Lithium announced an increase in the estimated size of its deposits of the electric vehicle battery metal in Brazil, which the company said will allow it to further expand production levels... 


Seifsa CEO Lucio Trentini
Metals and engineering employers, trade unions sign landmark relationship agreement
1st February 2024 By: Darren Parker

Employers and trade unions who attended a Metal and Engineering Industries Bargaining Council (MEIBC) meeting on January 31 have signed a landmark process or relationship agreement, paving the way... 


Scatec CEO Terje Pilskog
New renewables platform Lyra Energy poised to change South Africa's energy landscape
31st January 2024 By: Schalk Burger

Renewable energy company Scatec, financial services firm Standard Bank and asset management company Stanlib have established new renewable energy platform Lyra Energy to offer a low-risk, flexible... 


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Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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