https://www.engineeringnews.co.za
R/€ = 16.76 Change: 0.18
R/$ = 16.22 Change: 0.36
Au 1797.95 $/oz Change: 11.19
Pt 941.50 $/oz Change: -0.50
 

Topic

Resources Watch  

Updated 5 hours ago This week: Royal Bafokeng applauds President’s energy plan, nears decision on solar; Anglo’s big on-site solar, off-site wind plan lays foundation for green hydrogen; and, High-flying Glencore locks in renewable power, prioritises future-facing metals  

Why battery storage is the key to unlocking the value of renewable energy in South Africa

Updated 6 hours ago By Sherwin Harris, Renewables Lead at ENGIE It is no secret that South Africa faces challenges with energy generation and capacity. There is a growing focus on investment into cleaner, less carbon-intensive energy that can be fed into the grid to boost the much-needed power supply that the... 

BHP likely to raise bid for 'strategically sensible target' OZ - analysts

By: Reuters     9th August 2022 BHP will likely raise its A$8.34-billion ($5.82-billion) offer to buy Australia's OZ Minerals, analysts said after the global miner was rebuffed in its pursuit of the nickel-copper miner on Monday. OZ rejected BHP's A$25-a-share offer, terming it undervalued and "opportunistic" as it was tabled... 

Cooper raises cash and adds to tenements

By: Esmarie Iannucci     9th August 2022 Junior Cooper Metals on Tuesday announced a A$2.55-million capital raise and the acquisition of a strategic tenement at its Mt Isa East copper/gold project, in Queensland. The ASX-listed company would issue more than 5.6-million shares, at a price of 45c each under its existing placement... 

OneLogix warns of up to 80% y/y decrease in earnings a share

By: Darren Parker     8th August 2022 JSE-listed logistics company OneLogix has advised its shareholders to expect a drop of between 60% and 80% year-on-year in earnings a share to between 2.5c and 5c for the financial year ended May 31. Similarly, headline earnings per share (HEPS) are also expected to decrease by between 55% and... 

Lithium projects in Africa increasing, but Americas will still dominate – Fitch Solutions

By: Tasneem Bulbulia     8th August 2022 Fitch Solutions Country Risk and Industry Research expects to see an increase in lithium development projects in Africa, particularly from Chinese firms, with investment buoyed by expectations for lithium to resist the downwards trend of most nonferrous metals in the second half of the year amid... 

Sumitomo Metal, Sumitomo hike Chile copper project cost estimate by 60%

By: Reuters     8th August 2022 Japan's Sumitomo Metal Mining and Sumitomo said on Monday they had raised their estimate of the construction cost for the Quebrada Blanca phase 2 (QB2) copper project in Chile to about $7.5-billion from $4.7-billion. The 60% increase comes as the Covid-19 pandemic has delayed construction which... 

Copper dips but interest rate hopes support

By: Reuters     8th August 2022 Copper prices eased on Monday but were supported by rising imports of the industrial metal by top consumer China and by hopes that interest rates will peak soon after rapid increases aimed at curbing inflation. Benchmark copper CMCU3 on the London Metal Exchange (LME) traded down 0.2% at $7 850... 

The EV race is turning a gold rush haven into a battery hub

By: Bloomberg     8th August 2022 Gold has long dominated the Western Australian city of Kalgoorlie, born in a late 19th Century prospecting rush and home to one of the world’s largest-open pit mines, nestled right next to residential streets. Blasts to dislodge precious-metal laced rock from the more than two-mile long Super Pit... 

Tirupati raises £1.5m to expand capacity

By: Donna Slater     8th August 2022 Specialist graphite and graphene company Tirupati Graphite has raised £1.5-million in a private placement of convertible loan notes through its broker Optiva Securities as a first tranche of an overall £3-million capital raise. The proceeds from this initial tranche will be used to fund the... 

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now