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Eskom head of generation Bheki Nxumalo
Eskom head of generation Bheki Nxumalo
Eskom board approves plan to operate Camden, Grootvlei and Hendrina to 2030
20th May 2024 By: Terence Creamer

The Eskom board has given its approval for the continued operation of the Camden, Grootvlei and Hendrina power stations to 2030 – a departure from the original decommissioning schedule that has reportedly been endorsed by Cabinet. In response to a... 


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Altron posts strong continuing operations growth
20th May 2024 By: Natasha Odendaal

JSE-listed Altron on Monday reported strong results across its continuing operations; however, noncash adjustments in its discontinued operations weighed on the company’s overall results for the... 


NOA Group acquires early-stage Khauta solar farm in the Free State
20th May 2024 By: Marleny Arnoldi

Local integrated energy company NOA Group has successfully acquired the 350 MW Khauta solar PV facility, near Welkom, in the Free State, from PNE, which started the development of the facility. The... 


Employment environment bleak, but there are opportunities for improvement
Employment environment bleak, but there are opportunities for improvement
20th May 2024 By: Tasneem Bulbulia

The 2024 ‘UASA South African Employment Report’ and second UASA/Bureau of Market Research (BMR) Employment Index paints a bleak picture of the country’s employment situation; however, there are... 


Seminar commemorates World Metrology Day, with a focus on sustainability
20th May 2024 By: Sabrina Jardim

In celebration of the first Unesco-recognised World Metrology Day on May 20, as well as a global emphasis on climate change and sustainability, the National Metrology Institute of South Africa... 


Wine bottles
Wine grape supply balances with demand in 2024 harvest season
20th May 2024 By: Marleny Arnoldi

The 2024 wine grape harvest has yielded 1.09-million tonnes from 87 848 ha, which is 7% lower than the prior harvest season, industry body Vinpro reports. Vinpro consultation services manager Dr... 


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GVK-Siya Zama-constructed student accommodation block in Cape Town
GVK completes 20-storey student housing block in Cape Town
20th May 2024 By: Marleny Arnoldi

Privately owned construction company GVK-Siya Zama has completed construction of a 20-storey, 3 000-bed student accommodation block in Cape Town. The 77 000 m2 development also includes 6 700 m2 of... 


Silhouette of construction site and workers
BCIMA urges construction industry to increase safety measures in wake of George tragedy
20th May 2024 By: Marleny Arnoldi

The Building and Construction Industry Medical Aid Fund (BCIMA) has called for a review of the safety practices on construction sites and the prioritisation of the health of construction workers... 


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TotalEnergies, Petronas, Sonangol to proceed with Angolan deepwater project
Updated 1 hour 15 minutes ago By: Darren Parker

Energy company TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), have announced the final investment decision (FID) of the Kaminho deepwater project to... 


Vumacam
Vumacam surveillance tech yields 10% boost in crime interceptions, arrests in Gauteng
20th May 2024 By: Darren Parker

The Gauteng provincial government (GPG) has reported a “substantial impact” on criminal activities across the province has been achieved 100 days into the rollout of its surveillance project, which... 


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Zimbabwe asks miners to ramp up gold output to support ZiG currency
Updated 3 hours ago By: Bloomberg

Zimbabwe has asked gold miners across the country to ramp up output to support the ZiG currency launched last month, according to Mines and Mining Development Minister Winston Chitando. “This new... 


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IAEA expert team in Uganda to support country’s uranium production plans
20th May 2024 By: Rebecca Campbell

A specialist expert mission of the International Atomic Energy Agency (IAEA) is currently in Uganda to undertake a review connected with the East African country’s nuclear energy ambitions,... 


The cathode side of proton exchange membrane (PEM) fuel cells that convert hydrogen to electricity require platinum.
Platinum-enabled green molecules offering inviting green electron value-add – Nedbank
20th May 2024 By: Martin Creamer

It’s no longer good enough to just produce electric vehicles (EVs). You have to produce green EVs, and to do that, you need green steel. To get the green steel, you need the green molecules that... 


The Ngqura container terminal
TPT starts financial year off with increases in bulk, container volumes
17th May 2024 By: Marleny Arnoldi

State-owned ports manager Transnet Port Terminals (TPT) has recorded a 10% year-on-year increase in container volumes moved across all 19 of its terminals in the first six weeks of the 2024/25... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


Scrap metals
Get Steel invites comment on proposed foundry project in Benoni
17th May 2024 By: Marleny Arnoldi

Local steel processing company Get Steel has invited interested and affected parties to submit comments on a draft scoping report into the refurbishment of the Naledi Foundry, in Benoni, Gauteng.... 


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Magazine round up | 10 May 2024
Magazine round up | 17 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

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