Cover Story
Digitalisation seen as key to bolstering fight against illicit gold trade
By: Nadine JamesThe integrity of the global gold supply chain has been the subject of intense scrutiny of late, following a damning report by Swiss nongovernmental organisation SwissAid earlier this year, which claims that illicit gold trade amounts to between $23-billion and $35-billion a year. However, the... →
First Word
Recycle like there’s no tomorrow with mining obliged to rework legacy dumps
By: Martin CreamerRecycle like there’s no tomorrow, were the words emblazoned across the screen at last week’s Oppenheimer Research Conference, where 450 scientists were putting their heads together to solve the world’s climate-change crisis and to halt nature loss. At mining level, this message means that mining... →
News & Insight
Africa’s fintech sector flourishes in wake of Covid-19 pandemic
By: Natasha OdendaalAfrica’s fintech industry has transformed since the Covid-19 pandemic, experiencing “remarkable” growth characterised by rapid expansion, increased investment and a significant shift towards digital financial services, says Frost & Sullivan senior consultant Yaa Ngonyama. Innovation and greater... →
ArcelorMittal South Africa works to address skills gap through artisan training
By: Sabrina JardimWith South Africa facing a critical shortage of skilled and qualified artisans and engineers, steel producer ArcelorMittal South Africa’s (AMSA’s) fully Quality Council for Trades and Occupations- (QCTO-) accredited Engineering Academy, based in Vanderbijlpark, Gauteng, offers artisan training to... →
Cape Town to wrap up desalination plant feasibility study in 2025, first water possible in 2030
By: Irma VenterThe City of Cape Town (CoCT) has started the feasibility study on the proposed Paarden Island desalination plant, says CoCT Water and Sanitation MMC Zahid Badroodien. The study is being undertaken by a “suitably qualified transaction advisory team appointed through National Treasury’s Government... →
Creecy calls for smart transport solutions as pioneer EV taxi is launched
By: Tasneem BulbuliaTransport Minister Barbara Creecy emphasised the importance of implementing smart solutions as part of efforts to upgrade and revitalise the country’s transport sector, with commuter numbers severely impacted by the pandemic, and passenger and freight transport afflicted by vandalism, theft and... →
Eskom’s proposed tariff hikes untenable, reduction mechanisms being weighed – Ramokgopa
By: Irma VenterElectricity and Energy Minister Dr Kgosientsho Ramokgopa is confident that government will be able to positively intervene in Eskom’s tariff-hike application for the 2025/26 financial year at the National Energy Regulator of South Africa (Nersa). If granted as it currently stands, electricity... →
Low-emission hydrogen project approvals double
By: Terence CreamerA new International Energy Agency (IEA) report shows that the number of low-emission hydrogen projects to have advanced to a final investment decision (FID) stage doubled over the last 12 months, representing yearly production of 3.4-million tonnes. These FIDs are split between green-hydrogen... →
Nersa committee recommends licensing of four more traders, batting away Eskom objections
By: Terence CreamerThe electricity subcommittee of the National Energy Regulator of South Africa (Nersa) has recommended the approval of four more electricity trading licences, dismissing the objections raised by Eskom’s distribution division during hearings in July. The recommendation that GreenCo Power Services,... →
New forum takes the plunge to clean up years-long pollution in the Vaal river
By: Natasha OdendaalThe Department of Water and Sanitation (DWS) has launched a new forum aimed at mitigating the years-long pollution impacting the Vaal river’s water quality. Providing high-level guidance, the Vaal River Anti-Pollution Forum will coordinate, improve and integrate efforts for managing the water... →
New-vehicle sales down 4.1%, exports plunge by 38.1%
By: Irma VenterNew-vehicle sales in South Africa in September dropped by 4.1%, to 44 081 units, compared with the same month last year. naamsa | The Automotive Business Council reports that the new-passenger-car market reached 30 218 units – a 2% increase compared with September last year. →
Phillips says Transnet not yet on track to meet 193Mt rail ‘stretch target’
By: Terence CreamerMeeting the 193-million-ton rail stretch target set under the newly launched second phase of the partnership between business and government would require a significant amount of work and collaboration, Transnet CEO Michelle Phillips has acknowledged. Speaking at the Joburg Indaba a day after the... →
SAS partners with Fincantieri, Vard Marine to build offshore patrol vessels in South Africa
By: Irma VenterSandock Austral Shipyards (SAS) in Durban has signed a technology partnership agreement with Italian shipbuilder Fincantieri and its Canadian subsidiary Vard Marine to construct the Afrika class offshore patrol vessel in South Africa. The Afrika class is designed to meet the needs of African... →
Skills development and the renewable energy sector’s worker needs misaligned in South Africa
By: Rebecca CampbellThat South Africa, in general, and the renewable-energy sector in particular, need skills development, is a truism. But the requirements of the renewable-energy industry and the output of skills development institutions and programmes are significantly out of alignment. But not in the way you... →
Vodacom South Africa introduces cloud-based handset
By: Natasha OdendaalVodacom South Africa has unveiled a new cloud-based phone in an effort to reduce the cost of smartphone access across South Africa and accelerate the migration of customers from legacy networks to modern, 4G networks. The new cloud-based phone, retailing at R249, leverages cloud computing to... →
Editorial Insight
Whole greater than sum of parts
By: Terence CreamerThe official launch of the National Transmission Company South Africa as an independent subsidiary of Eskom Holdings did indeed represent an important milestone in the restructuring of South Africa’s electricity industry for the changes under way domestically and globally. It is equally important... →
Mining Weekly News
$250bn investment needed to meet copper supply gap over next decade – BHP
By: Mariaan WebbDiversified commodities major BHP has warned that the world will need $250-billion in investment over the next decade to bridge the growing gap between copper supply and surging demand. As the global transition toward electrification and decarbonisation accelerates, copper demand is projected to... →
Barrick kicks off Lumwana’s journey to top 25 global copper producers
By: Mariaan WebbCanada-headquartered Barrick Gold officially launched the development of a Super Pit at its Lumwana copper mine in Zambia on Wednesday, with President Hakainde Hichilema and members of his Cabinet in attendance. The feasibility study for the Super Pit Expansion is expected by the end of the year,... →
Battery manganese project begins in Mpumalanga, orders placed for long-lead items
By: Martin CreamerManganese Metal Company (MMC) of Mbombela is on its way to becoming a Western world beater in the supply of high-purity manganese sulphate monohydrate for battery electric vehicles (BEVs). MMC’s R150-million self-funded plant 1 project underway will enable South Africa to get into the global... →
Pan African’s masterstroke gold operation gets going under budget, ahead of schedule
By: Martin CreamerThe biggest takeaway from the hugely profitable Mogale tailings retreatment (MTR) operation, which was commissioned west of Johannesburg by Pan African Resources on Thursday, is that one can make a huge success and look forward to very rapid payback by investing in South Africa. “It’s quite... →
Vanadium project’s China link may open way for far-reaching value addition
By: Martin CreamerThe relationship that vanadium development company Vanadium Resources (VR8) is striking up with China Energy International Group could give the Steelpoortdrift project developer an answer to many of the downstream opportunities it would be considering. This would be particularly so within the... →