Jagersfontein dagger lays bare Mines and Politics

The race is on to restore South Africa’s mining industry’s reputation among global critics of an industry largely associated with deplorable environmental management practices. On Monday, President Cyril Ramaphosa paid a visit to the Jagersfontein mine in the Free State, followed by Mineral Resources and Energy Minister Gwede Mantashe and his deputy minister the very…

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Anglo-American in large Sustainable Bond Issue geared for ESG targets

 Anglo American plc this week issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and fresh water abstraction, and to support job creation in host communities. This €745 million bond is the first instrument issued following the publication of Anglo American’s Sustainability Financing Framework and bond investors will be entitled to…

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Big push for ESG as Global giants Microsoft and McKinsey join forces

Microsoft and McKinsey have joined forces to launch an integrated decarbonisation solution that uses data intelligence from Microsoft together with McKinsey’s Catalyst Zero execution engine. The tech collaboration will allow companies to use integrated data on their emissions-inducing activities and create a detailed decarbonisation plan.  The solution will apply the Sustainability Manager to automate and scale companies’ sustainability data…

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Mine disaster signals large ESG risks as President visits Free State disaster zone.

President Cyril Ramaphosa will on Monday, 12 September 2022, visit the Jagersfontein-Charlesvillearea in the Free State where a mudslide has claimed lives and destroyed homes.Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province has sweptaway houses and cars, killing one and injuring 40 others.On Sunday, a river of…

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Odds on Musk

Whether you like him or not, the world needs Musk. It’s admirable that he’s utilizing his fortune to further his cause. Despite the cautious ethical complexities associated to science probity related to generic vanity ambitions, there is more advantage mankind might receive from his ground-breaking effort. Musk posted about the ratio because he is positive…

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South Africa’s Presidential Climate Commission publishes the Just Transition Framework

South Africa’s transition to a low-carbon, climate-resilient, and sustainable society has ignited a heated discussion regarding the energy mix that may lift the country out of poverty while adhering to the Juts Transition standards. The multiplicity of transition options has perplexed Parliamentarians, and continued blackouts from the country’s coal-fired power plants have undermined the country’s…

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