R/€ = 16.78 Change: 0.16
R/$ = 16.28 Change: 0.31
Au 1795.76 $/oz Change: 9.00
Pt 943.50 $/oz Change: 1.50


BBE Projects nearing delivery of Venetia underground cooling system

By: Donna Slater     Updated 4 hours ago Project delivery company BBE Projects is in the final stages of completing its delivery of a turnkey air-cooling system for diamond miner De Beer’s Venetia diamond mine, in Limpopo, which is currently approaching the final stages of its transition from openpit to underground mining. BBE Group,... 

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... 

Eskom confirms restart of Koeberg Unit 2 after delays 

By: Terence Creamer     8th August 2022 State-owned electricity utility Eskom has confirmed that Unit 2 at the Koeberg nuclear power station was returned to service at 20:24 on Sunday, August 7. “The unit is currently loading and will require about ten days to reach full output,” spokesperson Sikonathi Mantshantsha confirmed in an... 

Intercape pleads for intervention as terror campaign intensifies

By: Irma Venter     8th August 2022 The Intercape long-distance coach company last week appeared before the Western Cape Standing Committee on Transport and Public Works, as well as members of the senior provincial police management, to plead for urgent interventions to stop the continuing attacks on its vehicles. In the latest... 

Bridgestone, Microsoft partner to accelerate advanced tyre analytics

By: Schalk Burger     8th August 2022 Tyre and mobility company Bridgestone and information technology company Microsoft will collaborate to bring Bridgestone mobility solutions platforms to new mobility players, original-equipment manufacturers (OEMs) and fleets. Microsoft Azure will enable Bridgestone to create value for customers,... 

Gold Resources provides Michigan enviro dept with an update on Back Forty improvements

By: Tasneem Bulbulia     8th August 2022 NYSE-listed gold and silver miner Gold Resources said in a statement on August 5 that it had been invited by the Michigan’s Department of Environment, Great Lakes and Energy (EGLE) to participate in a scoping environmental-impact assessment (SEIA) Meeting on the day. The company said it was given... 

Nasa has announced date for first launch attempt of its new Moon mission spacecraft

By: Rebecca Campbell     8th August 2022 The US National Aeronautics and Space Administration (Nasa) announced late last week that it had chosen August 29 as the date for its first launch attempt of its Artemis I Moon mission. The backup dates, should it not prove possible to launch on August 29 (for example, due to bad weather), were... 

LHDA awards Senqu bridge construction tender

By: Natasha Odendaal     8th August 2022 The three-year construction of the 825-m-long, 90-m-high Senqu bridge is set to start soon following the Lesotho Highlands Development Authority (LHDA) awarding of the M2-billion construction contract to a multi-national consortium. LHDA selected Italy-based Webuild; South African firms Raubex... 

Nothing adds more value than improving operational performance – AngloGold 

By: Martin Creamer     5th August 2022 Gold mining company AngloGold Ashanti is firmly focused on operation performance and the recovery of cost competitiveness as it implements its full asset potential review programme, on which it will report at three-monthly intervals. This was made clear by AngloGold Ashanti CEO Alberto Calderon... 

Implats’ earnings to decline on lower sales revenue, inflationary pressures

By: Donna Slater     5th August 2022 Platinum group metals (PGMs) miner Impala Platinum (Implats) expects its basic earnings for the financial year ended June 30 to decrease by between 29% and 35% year-on-year, to between R30.5-billion and R33.5-billion, while its earnings a share for the period are expected to decrease by between... 

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