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Insurers might be shunning coal, but they still like fossil fuels

By: Bloomberg     2nd December 2020 Even as more insurers across the globe back away from coal, many in the US continue to encourage fossil fuel pollution by underwriting the risk involved in oil and gas exploration and production. At least 65 insurers representing $12-trillion worth in assets have either begun divesting coal... 

Narrabri gas project, Australia

By: Sheila Barradas     27th November 2020 The project has been given environmental approval. 

Saldanha Bay IDZ Licencing Company notes progress, sets new goals

By: Tasneem Bulbulia     18th November 2020 Saldanha Bay IDZ Licencing Company, established in 2013, continues to record successes. In a statement, CEO Kaashifah Beukes says the journey to create a hub of opportunity, job creation and sustainable growth using the special economic zone legislation as a catalyst had entered a new phase. 

E3 stock soars on Alberta lithium PEA results

By: Mariaan Webb     17th November 2020 Lithium project developer E3 Metals has announced the results of a preliminary economic assessment (PEA) for its Clearwater lithium project, outlining plans to produce 20 000 t/y of battery-quality lithium hydroxide monohydrate (LHM) over 20 years. The project has an aftertax net present value,... 

UK industry/academia consortium to develop advanced and novel sensing technologies

By: Rebecca Campbell     6th November 2020 UK-based global major aerospace and defence group BAE Systems and the University of Birmingham in England have signed a Memorandum of Understanding to create an Advanced Sensing Technologies Consortium (ASTC). This consortium is part of the UK’s State-funded National Quantum Technologies... 

Parker launches the icount LaserCM30, a next generation particle contamination monitor with test procedure in under 90 seconds

By: Creamer Media Reporter      2nd November 2020 The Hydraulic and Industrial Process Filtration Division of Parker Hannifin, the global leader in motion and control technologies, today announced the launch of the Parker icount LaserCM30 Particle Contamination Monitor. This particle contamination monitor is a user-friendly field diagnostic... 

Parker’s SCFF couplings avoid loss of fluid and help protect the environment

By: Creamer Media Reporter      2nd November 2020 Parker Hannifin, the global leader in motion and control technologies, is expanding its FlatFace offering with the SCFF series. The SCFF series of couplings offers users a number of benefits ranging from low-leakage decoupling to the avoidance of air entrapment during coupling. The couplings,... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

Report discusses challenges, options as world continues to drive decarbonisation agenda 

By: Simone Liedtke     16th October 2020 While the global shift from fossil fuels to renewables is helping new ecosystems and technologies to emerge, many of the pursued steps towards decarbonisation pose unique challenges. Many participants in the energy and resources industries have declared an intention to become carbon neutral by... 

Standard Bank continues to increase exposure to renewables, move away from coal

By: Marleny Arnoldi     15th October 2020 Standard Bank has released its interim Task Force on Climate-related Financial Disclosures report, highlighting that environmental, social and governance aspects remain at the centre of the bank’s agenda of driving sustainable and inclusive growth in Africa. Sustainability head Wendy Dobson... 

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