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Cover Story

Miners gather amid surging demand for critical minerals and fiercely rising ESG demands

By: Cameron MackayAmid the global transition to renewable energies and the effects of strong commodity prices and supply crunches, there is a scramble to ensure security of supply of critical and battery minerals in Africa. These factors heighten the importance of African mining and the role of the Investing in... 

Miners gather amid surging demand for critical minerals and fiercely rising ESG demands

First Word

Best practice in appointing public-service managers a must

By: Martin CreamerOne senses that much more effort is made by South Africa’s soccer teams to appoint their coaches than the government puts in to appoint key directors-general. Former President Kgalema Motlanthe is correct to call for urgent reform. Building a capable state requires appointing capable public... 

Best practice in appointing public-service managers  a must

News & Insight

Collaborative, proper implementation required for BBBEE to achieve its transformation goal

By: Tasneem BulbuliaIn its capacity as the regulator on broad-based black economic empowerment (BBBEE), the BBBEE Commission has seen the relevant legislation enjoy several successes since its promulgation in 2003; however, there are still challenges related to how it is implemented. This was noted during the BBBEE... 

Extrupet to double food-grade plastic recycling

By: Schalk BurgerPlastics recycler Extrupet has announced an expansion of its food-grade plastic recycling operations in South Africa to more than 60 000 t/y. “Extrupet will double our food-grade operations by adding a fourth food-grade recycled polyethylene terephthalate (rPET) facility, which will increase our... 

Ford’s novel online service calculator allows customers to compare dealer quotations

By: Irma VenterFord South Africa (SA) has launched a Ranger Online Service Price Calculator, designed to generate a quote for the next scheduled service before a vehicle is taken to the dealership. The calculator also allows customers to compare quotes between Ford dealers. 

Gauteng tables strategy to increase revenue collection

By: Natasha OdendaalThe Gauteng Provincial Government (GPG) has tabled a strategy aimed at boosting the collection of current revenue sources and enhancing the potential of new sources, without impacting negatively on service delivery and taking into consideration the impact of the Covid-19 lockdown regulations over... 

Global broadband less affordable in 2021

By: Natasha OdendaalInternet connectivity became less affordable globally in 2021, a new report by the International Telecommunication Union (ITU) and the Alliance for Affordable Internet (A4AI) has revealed. According to the latest statistical analysis, the share of people’s incomes spent on fixed broadband and... 

Govt of Flanders, Unido in joint initiative to accelerate South Africa’s energy, water transitions

By: Donna SlaterA joint project to accelerate South Africa’s energy and water transitions to be more efficient and sustainable – the South African Industry Adaption (SAIA) project – was officially launched on April 5 between the government of Belgium (through the embassy in South Africa – Flanders) and the... 

Heineken showcases its water reclamation plant

By: Natasha OdendaalInternational beer brewer Heineken has built a water reclamation plant at its Sedibeng brewery, in the Midvaal, investing in technology to reclaim and recycle water and reduce the amount of water it sources from the municipality. The €2-million water reclamation plant was commissioned in March... 

Labat, CSIR sign deal to accelerate industrial cannabis processing

By: Schalk BurgerJSE-listed venture capital company Labat Africa has signed a memorandum of understanding (MoU) with the Council for Scientific and Industrial Research (CSIR) that will see both parties engage in the production and processing of cannabis and hemp. The agreement will solidify collaboration and... 

Labat, CSIR sign deal to accelerate  industrial cannabis processing

Manage industrialisation responsibly – SAWEA

By: Marleny ArnoldiThe South African Wind Energy Association (SAWEA) and its sector stakeholders have reiterated that the industrialisation of the renewable energy sector holds enormous potential across the value chain, including economic power and societal benefits. The association, in a media release issued on... 

Manage industrialisation responsibly – SAWEA

Msibi to succeed De Kock at WesBank

By: Irma VenterChris de Kock will hand over the leadership of WesBank to Ghana Msibi at the end of June as he retires after nearly 35 years at the finance group. Msibi is the current CEO of WesBank’s motor retail division. 

Poorly maintained roads costing agriculture sector billions every year, says Agri SA

By: Marleny ArnoldiThe poor state of roads in South Africa is adding to the many challenges faced by farmers and industry organisation Agri SA says deteriorating roads are costing the agricultural industry billions of rands every year. It also threatens the food security of communities and the country. 

Poorly maintained  roads costing agriculture sector billions every year, says Agri SA

Pouring ‘too much money’ into fossil fuels at expense of clean energy raises climate risk, warns UN report

By: BloombergThe world’s leading climate finance experts and economists warn of a “persistent misallocation of global capital” as too much money continues to pour into fossil fuels and too little is channeled to clean energy. In its latest assessment of global efforts to contain climate change, published... 

Quantity surveyors body hails police unit dedicated to tackling construction mafia

By: Irma VenterThe Association of South African Quantity Surveyors (ASAQS) says it welcomes the announcement by President Cyril Ramaphosa that a special police unit is being set up to deal with “the construction mafia that has been disrupting businesses in the country for years”.  The association says it has... 

Ramaphosa warns risks of ‘not undertaking an ambitious and just transition’ are greater

By: Terence CreamerPresident Cyril Ramaphosa has acknowledged the risks associated with South Africa’s transition from coal to renewables but insists the “risks of not undertaking an ambitious and just transition are far greater.” Speaking during the virtual launch of the Oxford ‘Handbook on the South African... 

Ramaphosa warns risks of ‘not undertaking  an ambitious and just transition’ are greater

Scaw CEO attributes R2bn steel mill investment to scrap certainty created by master plan

By: Terence CreamerScaw Metals CEO Doron Barnes has attributed the company’s recent decision to invest R2-billion in a new hot-strip steel mill, in Gauteng, directly to the steel master plan, which he insists has the potential to revive both upstream and downstream industries. The mill, which will incorporate... 

Scaw CEO attributes R2bn steel mill investment  to scrap certainty created by master plan

Sicelo Xulu appointed chair of SANEDI’s new board

By: Marleny ArnoldiThe South African National Energy Development Institute (SANEDI) has announced new board appointments, following the expiration of the prior board’s term. The new board, appointed by Mineral Resources and Energy Minister Gwede Mantashe, comprises ten members, who hold experience across various... 

Supply chain bottlenecks to persist throughout 2022, leading to sharp goods price increases – Cargo Compass

By: Irma VenterGlobal supply chain backlogs are showing no signs of easing and are likely to worsen for the rest of the year, leading to even higher prices of consumer and commercial goods in South Africa, warns Cargo Compass South Africa (SA) CEO Sebastiano Iorio. “At the start of this year, we were hopeful... 

UK goes big on nuclear, offshore wind for its future and secure low-carbon energy

By: Rebecca CampbellThe UK officially confirmed on Thursday that, to ensure the country’s energy security and independence, while also moving more rapidly to achieving net-zero carbon emissions energy, it was going to particularly prioritise the development of new nuclear and offshore wind generation capacity.... 

Vodacom reduces its water use by 75% since 2017

By: Natasha OdendaalTelecommunications giant Vodacom has reduced its water consumption by 75% since 2017 through several water-saving projects and water-wise programmes. As part of its ongoing commitment to halve its environmental impact by 2025, the group implemented various water conservation initiatives that has... 

€110m shot in the arm to expand Europe’s hydrogen fuelling network

By: Irma VenterMobility fuelling station network H2 Mobility Germany has secured €110-million in funding from Hy24, the world’s largest clean hydrogen infrastructure investment platform, as well as its seven existing industrial shareholders, to upgrade its hydrogen network and build new stations to meet rising... 

Editorial Insight

Breaking point?

By: Terence CreamerThere will be much interest in the coming days as to whether all 25 of the wind and solar photovoltaic projects named as preferred bids in October are able to reach financial close. The projects were selected following bid window five (BW5) of the Renewable Energy Independent Power Producer... 

Breaking point?

Mining Weekly News

Davis’ Vision Blue leads £40m fundraising to revive historic UK tin mine

By: Mariaan WebbVision Blue Resources (VBR), the specialist financing vehicle established by mining industry veteran Sir Mick Davis, on Monday announced a £25-million investment in Cornish Metals - a company reopening the historic South Crofty tin mine in the UK. VBR would purchase 138 888 889 units in TSX-V-... 

Davis’ Vision Blue leads £40m fundraising to revive historic UK tin mine

Despite being energy intensive, metals mining is essential for low-carbon future – BHP’s Huw McKay

By: Donna SlaterDespite the significant energy intensity required to mine metals, the commodities are still “essential for the energy transition to succeed”, says BHP market analysis and economics VP Dr Huw McKay. He says that, although having a common goal of limiting global warming to below 2 °C of... 

Despite being energy intensive, metals mining is  essential for low-carbon future – BHP’s Huw McKay

Eskom’s just energy transition project pipeline investments to cost more than R180bn

By: Darren ParkerPower utility Eskom has identified a pipeline of about 15 projects in support of it’s just energy transition (JET) strategy, but substantial financing of about R180-billion to R199-billion will be needed for the projects to be implemented, Eskom JET GM Mandy Rambharos has said. Speaking at the... 

Green finance taxonomy to help investors make green project decisions – law firm

By: Martin CreamerSouth Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Green finance taxonomy to help investors make green project decisions – law firm

Kinross sells Russia assets to Highland Gold for $680m

By: Mariaan WebbCanadian miner Kinross Gold on Tuesday revealed the buyer for its Russian assets, announcing that Highland Gold Mining group would acquire its mines and projects in that country for $680-million in cash. The company last month announced the sale of its Russian assets in response to President... 

Kinross sells Russia assets to Highland Gold for $680m

Manganese mine achieves record ten-million fatality-free shifts

By: Martin CreamerAssmang’s Black Rock mine, near Hotazel in the Northern Cape, has achieved ten-million fatality free shifts, a record that has taken 13 years to achieve. Assmang is a 50/50 partnership between Patrice Motsepe’s African Rainbow Minerals and Desmond Sacco’s Assore. 

Manganese mine achieves record ten-million  fatality-free shifts

Mantashe decries delayed roll-out of cadastral system as one of the DMRE’s ‘biggest nightmares’

By: Darren ParkerMineral Resources and Energy Minister Gwede Mantashe told delegates at the 2022 PGMs Industry Day, in Johannesburg, on April 6, that the roll-out of a state-of-the-art online central cadastral system – which the mining and exploration industry has been begging for over the past decade – was one... 

Mantashe decries delayed roll-out of cadastral  system as one of the DMRE’s ‘biggest nightmares’

NUM report in favour of just energy transition, but with caveats

By: Tasneem BulbuliaTrade union the National Union of Mineworkers on March 31 presented its ‘Just Transition and the Energy Sector’ report for discussion and adoption, on day two of its yearly national congress. The report emphasised that while workers and labour support the just energy transition, there are a... 

RBPlat’s Maseve to be test mine for tech demonstration, research

By: Marleny ArnoldiThe Mandela Mining Precinct (MMP) has signed a memorandum of understanding with Royal Bafokeng Platinum (RBPlat) to establish a “test mine” at RBPlat’s Maseve mine, 50 km north of Rustenburg, in North West. The test mine will be developed as an industry site for research, development and... 

Zambia’s copper potential coming to the fore again as Castillo survey shows upside

By: Martin CreamerLondon- and Sydney-listed base metal explorer Castillo Copper has identified multiple copper-potential drill-testing targets at its Mkushi project in Zambia, Africa’s second-largest copper producer. Castillo stated in a release to Mining Weekly on Tuesday that the formulation of a drilling... 

Zambia’s copper potential coming to the fore again as Castillo survey shows upside

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