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Press Office - WEG Africa

Image of Sabodala_Massawa CIL
Sabodala-Massawa gold mine expansion, Senegal – update
3rd May 2024 By: Sheila Barradas

Endeavour Mining announced the project's first gold pour on April 28. 


Image of US map/flag
Copperwood project, US
3rd May 2024 By: Sheila Barradas

The state of Michigan granted Highland Copper a performance-based grant for the project in April 2024. 


Image of battery energy storage system
BESIPPPP – Bid Window 3, South Africa
3rd May 2024 By: Sheila Barradas

The Department of Mineral Resources and Energy released the request for proposals for the Battery Energy Storage Independent Power Producer Procurement Programme on March 28, 2024. 


Battery energy storage unit
Red Sands battery energy storage solutions project, South Africa
3rd May 2024 By: Sheila Barradas

Red Sands will be the biggest standalone battery energy storage solutions project in Africa.  


Image of gold nuggets
McPhillamys gold project, Australia
3rd May 2024 By: Sheila Barradas

Regis Resources plans to build a seven-million-tonne-a-year operation in Kings Plains, New South Wales. 


Akobo says production start-up date in Ethiopia uncertain
2nd May 2024 By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


Image of the Ford Ranger plant
Lower income consumers are being priced out of the car market – TransUnion
2nd May 2024 By: Irma Venter

TransUnion Africa CEO Lee Naik says a tough economic environment characterised by cost-of-living challenges, high fuel costs and currency depreciations have resulted in a notable decline in vehicle... 


Mulilo chairperson Jan Oberholzer with new CEO Jan Fourie
New Mulilo CEO says South Africa’s renewables, storage markets poised for exponential growth
2nd May 2024 By: Terence Creamer

Independent power producer Mulilo reports that Jan Fourie has officially assumed the role of CEO, where he will oversee the company’s growth ambitions in South Africa’s public-procurement and... 


Image of Kabelo Gwamanda
City of Joburg working on 'innovative measures’ to reduce power outages, promises Mayor Gwamanda
2nd May 2024 By: Thabi Shomolekae

City of Johannesburg mayor Kabelo Gwamanda announced on Thursday that the City intends to add an additional 50 MW of power to its grid by bringing online the Durban Street Substation, in the next... 


blast furnace at AMSA
AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028
2nd May 2024 By: Darren Parker

Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next... 


An image showing the Sabodala-Massawa expansion project
Endeavour progresses strategic objectives in first quarter
2nd May 2024 By: Tasneem Bulbulia

Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter... 


Chinese miners see opportunities as BHP’s mega bid unfolds
Chinese miners see opportunities as BHP’s mega bid unfolds
2nd May 2024 By: Bloomberg

China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39-billion approach for rival Anglo American, potentially... 


CMB CEO Alexander Saverys
Shipping tycoon sees first Namibia hydrogen output by year-end
2nd May 2024 By: Bloomberg

Cie Maritime Belge (CMB), a Belgian shipping company, expects green hydrogen production in Namibia to start in the fourth quarter, a project that could see $3.5-billion in investment over the next... 


AMSA's Vanderbijl Park facility with open ground in the foreground
AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year
2nd May 2024 By: Darren Parker

Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the... 


South Africa's Mineral Resources and Energy Minister Gwede Mantashe
BHP woos South Africa in pursuit of $39bn Anglo takeover
2nd May 2024 By: Bloomberg

BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom... 


A beverage can factory
Absa PMI rises to 54 in April on the back of improved business activity
2nd May 2024 By: Creamer Media Reporter

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 54 in April, following a dip to 49.2 – below the neutral 50-point mark – in March, on the back of improved business... 


AMSA CEO Kobus Verster
Opinion: Pollution in the Vaal Triangle – progress, but more must be done
2nd May 2024

In this article, ArcelorMittal South Africa (AMSA) CEO Kobus Verster writes that industry across the Vaal Triangle, together with responsible corporate citizens in the steel industry, must... 


Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Discovery, development are mining’s only true value creation drivers, Barrick highlights
2nd May 2024 By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper... 


Rick Menell
Rick Menell joins Perseus board as nonexec director
2nd May 2024 By: Creamer Media Reporter

Mining veteran Rick Menell has joined the board of Africa-focused gold producer Perseus Mining as a nonexecutive, independent director. "I am extremely pleased to welcome Rick Menell to the board... 


Patrice Motsepe
Motsepe-backed GoSolr plans $537m South Africa expansion
2nd May 2024 By: Bloomberg

GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes... 


China's Zhaojin wins control of Australia's Tietto Minerals in $475m deal
2nd May 2024 By: Reuters

China's Zhaojin Capital has won control of Australia's Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733-million ($474.62-million), according to a... 


GoMetro logo
9 Things to Consider when De-risking your logistics
2nd May 2024

As leaders in the trucking and logistics industry, the end of the financial year marks not just a period of reflection but also an opportunity to set the course for a more efficient, profitable,... 


Rail workers in Canada vote to strike, threatening supply chains
Rail workers in Canada vote to strike, threatening supply chains
2nd May 2024 By: Bloomberg

Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing... 


Senate passes Russian uranium import ban, sending Bill to Biden
2nd May 2024 By: Bloomberg

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the... 


Outa asks govt to clarify roles of Ministers in ERA Bill, minimise Nersa’s price-setting power
30th April 2024 By: Marleny Arnoldi

While the Organisation Undoing Tax Abuse (Outa) supports the broad intent of the Electricity Regulation Amendment (ERA) Bill, as it seeks to improve energy security in the country, it says more... 


Solar farm
Two BW6 solar projects with a combined capacity of 360 MW reach commercial close
30th April 2024 By: Terence Creamer

Two solar photovoltaic (PV) projects selected as preferred bids under Bid Window 6 (BW6) of the Department of Mineral Resources and Energy’s (DMRE’s) renewable energy procurement programme reached... 


Joburg has 312 informal settlements where illegal connections pose an electrocution risk
City Power seeks funding, manufacturing partners for informal settlement ‘energy box’
30th April 2024 By: Terence Creamer

Johannesburg’s City Power is seeking manufacturing and venture capital partners to further develop and pilot a rugged ‘energy box’ concept in one of the city’s 312 informal settlements as a... 


Fortescue consortium awarded rights to develop Oman green hydrogen project
30th April 2024 By: Creamer Media Reporter

A consortium between green energy and metals group Fortescue and sustainable infrastructure investor Actis has been awarded the rights to develop, build, own and operate a large green hydrogen... 


Mosaic CEO Bruce Bodine
Mosaic sells stake in Saudi JV for $1.5bn
30th April 2024 By: Creamer Media Reporter

US-based fertiliser company Mosaic on Tuesday announced the sale of its stake in a phosphate production venture to Saudi Arabia’s Ma’aden. Mosaic will receive 111.01-million shares of the Saudi... 


welding and cutting training
NBI launches pragmatic Just Energy Transition Skilling for Employment Programme
30th April 2024 By: Marleny Arnoldi

With skills having been identified as a key cross-cutting requirement for the Just Energy Transition Implementation Plan (JET-IP), the National Business Initiative (NBI), together with the... 


Image of a landfill
Cape Town targeting this year as starting date for turning waste into power
30th April 2024 By: Irma Venter

The City of Cape Town (CoCT) says it is moving closer to turning landfill waste into energy, with two projects that are designed to produce electricity from the combustion of landfill gas moving... 


US President Joe Biden
US reforms environmental law to speed up clean energy, infrastructure approval
30th April 2024 By: Reuters

The White House on Tuesday reformed the US environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar... 


UK-Morocco renewable energy link plan gets $10.2m boost
30th April 2024 By: Bloomberg

GE Vernova invested $10.2-million in Xlinks First, the UK company planning a massive renewable power project in Morocco and a 4 000 km undersea cable to deliver the energy to Britain. The... 


White House eyes Russian uranium import ban while house bill stalls
30th April 2024 By: Bloomberg

The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall,... 


Understanding UPS system failure and how to mitigate the risks associated with this crucial equipment
Understanding UPS system failure and how to mitigate the risks associated with this crucial equipment
30th April 2024

By Sarika Andee, Marketing Leader: Field Service at Schneider Electric Research shows that 64% of costly breakdowns on manufacturing s­ites are caused by f­ires, w­ith 24% of those f­ires bei­ng... 


MAC forecasts stronger Q2 performance, says CEO McMullen
MAC forecasts stronger Q2 performance, says CEO McMullen
30th April 2024 By: Mariaan Webb

Copper miner Metals Acquisition Limited (MAC) expects a rebound at the CSA mine in the second quarter following a softer performance in the initial quarter of the year. Despite encountering... 


Tietto asks investors to accept Zhaojin's offer or sell shares
30th April 2024 By: Reuters

Australia's Tietto Minerals has urged its shareholders to accept Zhaojin Mining's offer that values the firm at A$733-million or sell shares on-market if the market price is not materially... 


G7 nations to agree on first half of 2030s for coal phase-out
G7 nations to agree on first half of 2030s for coal phase-out
30th April 2024 By: Bloomberg

Group of Seven nations have agreed to target the first half of 2030s to phase out coal, according to the UK’s energy and nuclear minister, a key milestone for some of the world’s most... 


Turnkey agriculture solutions from the ground up from Bearings International
Turnkey agriculture solutions from the ground up from Bearings International
29th April 2024

As a trusted partner to South Africa’s agricultural sector for some 66 years, Bearings International (BI) supplies integrated product and service solutions that ingrain the entire agriculture... 


Nuclear associations call on G7 States to strengthen the sector to fight climate change
29th April 2024 By: Rebecca Campbell

Eight major international and national nuclear industry associations have urged the Group of Seven (G7) major democratic industrial economies to take steps to further develop nuclear energy... 


Sungrow Releases Annual Report 2023: Operating Revenue Witnessed a Robust Growth of 79.5%
Sungrow Releases Annual Report 2023: Operating Revenue Witnessed a Robust Growth of 79.5%
29th April 2024

Sungrow, the global leading PV inverter and energy storage system provider, released its annual report 2023 recently. The company attained unprecedented revenues and profits, fueled by robust... 


Globeleq chief development officer and interim CEO Jonathan Hoffman
Globeleq appoints Hoffman interim CEO
29th April 2024 By: Marleny Arnoldi

Independent power company Globeleq has appointed Jonathan Hoffman interim CEO, effective end-June. He has been chief development officer of the company since 2020 and will be succeeding Mike... 


Eskom warns political parties against placing posters on electrical structures
Eskom warns political parties against placing posters on electrical structures
29th April 2024 By: Thabi Shomolekae

Ahead of the upcoming May 29 elections, State-owned power utility Eskom has cautioned all political parties against the “dangerous practice” of placing election posters on electrical structures.... 


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Booyco Electronics
Booyco Electronics

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

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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Magazine round up | 31 May 2024
Magazine round up | 31 May 2024
31st May 2024
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