Value addition opportunities arising from the abundance of natural resources and discovery of strategic minerals like lithium, oil and gas presents an opportunity for economic transformation and inclusive growth. While the country is already tapping into these resources, there is scope for optimising benefits through investments in exploration, extraction and value addition, especially through the…
The global campaign to minimise greenhouse gas emissions has highlighted the transportation industry as one of the main producers of carbon gases, necessitating a special focus by sector innovators. Green hydrogen vehicles, pioneered in South Africa with global fanfare by mining giant Anglo through the fuel cell electric vehicle (FCEV) mining truck at Mogalakwena mine,…
The Minerals Council of South Africa has reiterated that the mining industry will be proactive in addressing the serious challenges posed by climate change. The MCSA, led by environment head Stephinah Mudau, stated in their virtual meeting with the Portfolio Committee on Forestry, Fisheries, and Environment to discuss the Climate Change Bill that “the South…
Mzansi Energy Consortium (Mzansi Energy) has been appointed by Palabora Mining Company to develop a 132MWp solar photovoltaic (PV) plant and battery energy storage system (BESS) capable of storing 310MWh of electricity. The power plant, dubbed “Marula Green Power,” is expected to be built in two stages: construction and operation and maintenance. The project is…
Delays in implementing South Africa’s cadastral system could worsen the country’s Fraser Institute ranking performance
President Cyril Ramaphosa has moved to provide some clarity as the debate rages on about new legislation on about Preferential Procurement Regulations 2017, which for the last five years has guided companies and state-owned institutions on supplier and companies’ compliance during procurement of goods and services. In a media statement released last week, the National…
BHP and Rio Tinto, two global mining companies, have formed a collaboration agreement to accelerate the development of technology that could significantly increase water recovery from mine tailings, reducing potential safety risks and environmental footprints associated with tailings storage facilities. The first project will include putting an innovative large-volume filter unit to the test at…
Zimbabwean president Emmerson Mnangagwa has announced that the new royalties policy that requires mining companies to pay in cash or refined mining products starts this month, October 2022. A royalty is the right to compensation that is based on a portion of the minerals or other products produced at a mine or of the income…
AngloGold Ashanti has released a carbon emissions reduction target that aims to achieve a 30% absolute reduction in its Scope 1 and 2 Greenhouse Gas (GHG) emissions by 2030 through a combination of renewable energy projects, fleet electrification and lower-emission power sources. The company, which has reduced its absolute GHG emissions by more than two…
Global mining giant Rio Tinto has announced that its mineral sands operations Richard’s Bay Minerals (RBM) , located in KwaZulu-Natal, South Africa, will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment (BEE) partners. Under the agreement, Voltalia will begin construction of the Bolobedu Solar…
