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South Africa’s Power utility

17th July 2019 Eskom is by far the largest of South Africa’s many state owned companies. This near monopoly power utility is in crisis. It is the single largest threat to South Africa’s economy, according to a former Minister of Finance. 

Mining the benefits of Industry 4.0

10th July 2019 Mining companies have become much better at investing in the mines of today – but what about investing in the mines of the future? Industry 4.0, also known as the Fourth Industrial Revolution, the fusion of production, information and communication technologies, offers a significant opportunity... 

Major drill targets confirmed at Katoro’s Haneti nickel project

By: Tasneem Bulbulia     26th June 2019 There are indications that Aim-listed Katoro Gold’s 75%-owned Haneti nickel project, in Tanzania, could host a chonolith-type nickel sulphide deposit. The company would, therefore, push ahead with preparations for a fully funded drilling programme at the two key targets, Mihanza Hill and Mwaka... 

Rand Water planned maintenance wraps with minimal disruption

By: African News Agency      26th June 2019 Johannesburg residents can now breathe a sigh of relief after the 54-hour shut down for maintenance work on the B11 bulk supply line of Rand Water went off with minimum impact on households, the City of Johannesburg said on Tuesday. Member of the Mayoral Committee (MMC) for Environment and... 

Acacia fails to change Barrick’s view on mine plans 

By: Mariaan Webb     26th June 2019 London-listed Acacia Mining’s near-5 000-word rebuttal of claims by its parent company over mine plans for its gold operations in Tanzania has failed to change Barrick Gold’s view. The Toronto-headquartered miner, which is trying to buy out minority shareholders in Acacia without paying a... 

For first time ever, renewables surpass coal in US power mix

By: Bloomberg     26th June 2019 For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean energy resources supplied more of America’s electricity than coal for the first time ever in April. Hydropower dams, solar panels and wind turbines generated almost 68.5-million megawatt-hours of power in... 

Exxaro says Eskom woes to hit coal production

By: Reuters     26th June 2019 Exxaro Resources expects its coal production to fall by 5% by volume in the first half of 2019, mainly due to reduced demand from struggling state-owned power utility Eskom, it said on Wednesday. It added it expects domestic coal demand and pricing to remain stable for the remainder of the year,... 

Savannah adds to flagship Mina do Barroso with Aldeia lease

By: Mariaan Webb     26th June 2019 Listed lithium developer Savannah Resources has added to its flagship Mina do Barroso project, in Portugal, by exercising its option to acquire the adjacent 2.94 km2 Aldeia mining lease. The lease application consists of three blocks and yielded “excellent drilling results”, with a mineral... 

Indonesia regulatory changes to bring more uncertainty to coal sector

By: Reuters     26th June 2019 Indonesian coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources. The Indonesian government is in the process of amending coal mining rules to enforce implementation of a 2009 mineral law... 

Superior Lake raises funds for zinc project

By: Esmarie Iannucci     26th June 2019 Base metals developer Superior Lake Resources is hoping to raise A$3.78-million through a share placement to professional and sophisticated investors. The ASX-listed company on Wednesday said that it has received subscriptions for more than 216.3-million shares, priced at 1.75c each, with the... 

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