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Anglo inks deal to accelerate roll-out of nuGen zero emissions haulage solution
22nd July 2022 Diversified miner Anglo American is in exclusive negotiations with specialist engineering technology company First Mode Holding and has agreed nonbinding terms to establish a combined business to accelerate the rollout of Anglo's nuGen hydrogen-powered Zero Emissions Haulage Solution (ZEHS). The... →
Anglo enters deal to accelerate rollout of nuGen zero emissions haulage solution
30th June 2022 Diversified miner Anglo American is in exclusive negotiations with specialist engineering technology company First Mode Holding and has agreed nonbinding terms to establish a combined business to accelerate the rollout of Anglo's nuGen hydrogen-powered Zero Emissions Haulage Solution (ZEHS). The... →
Gordhan says Eskom, unions reach wage agreement; hopes second day of Stage 6 load-shedding can be avoided
28th June 2022 Public Enterprises Minister Pravin Gordhan on Tuesday evening said he was hopeful that Eskom would be able to avoid implementing Stage 6 load-shedding for a second day on Wednesday, after the power utility and unions had reached a wage agreement earlier in the day. Eskom on Tuesday afternoon... →
South African PGMs explorer raises $19m in IPO ahead of listing on ASX, JSE
19th May 2022 South Africa-based minerals explorer Southern Palladium, which is focused on platinum group metals (PGM) and which is headed up by MD Johan Odendaal and chairperson Terence Goodlace, has raised $19-million in an initial public offering (IPO) ahead of its listing on the ASX. The company, which has... →
Contango's Zimbabwe coal project starts production
30th March 2022 Production has started at London-listed natural resource development company Contango Holdings' Lubu coking coal project, in Zimbabwe. Production is under way on Block 2, which was selected given the high-quality coking coal found at that location and its proximity to surface. The company expects... →
Wescoal puts Vanggatfontein on care and maintenance as it struggles to secure Eskom CSA extension
25th February 2022 Coal miner Wescoal has decided to put its Vanggatfontein Colliery on care and maintenance while it tries to secure an extension to a coal supply agreement (CSA) with power utility Eskom. Wescoal acquired the mine, in Delmas, Mpumalanga, in 2017 as part of its buyout of Keaton Energy. →
Strong diamond market pushes Lucara's full-year revenue, Ebitda higher
25th February 2022 Vancouver-headquartered Lucara Diamond Corporation achieved a more than five-fold year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $102.5-million for the financial year ended December 31. That compares with the adjusted Ebitda of... →
Community protests halt construction at Wesizwe's Bakubung mine
8th February 2022 Platinum group metals (PGMs) development company Wesizwe Platinum on February 8 informed shareholders that community protests have interrupted the development of its Bakubung mine. It noted that Ledig community members on January 26 embarked on a march towards the Bakubung mine. The marchers... →
Educatum, Educare – Mediocris
4th February 2022 “There are two kind of statistics: the kind you look up and the kind you make up,” so said Rex Stout. For their part, Mark Twain and Milton Friedman stated that “facts are stubborn, but statistics are more pliable” and that “statistics do not speak for themselves” respectively. More quotations:... →
Construction starts on renewable energy project for Rio Tinto's Madagascar mine
10th December 2021 The government of Madagascar and Rio Tinto QIT Madagascar Minerals (QMM) on December 10 celebrated the start of construction of a solar and wind energy project that will supply the ilmenite mine operations in Fort Dauphin, in southern Madagascar. The renewable energy project is vital to the... →
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