South Africa needs to ramp up critical minerals exploration as world decarbonises

Mining News Pro - The South African mining sector can remain internationally competitive and support socioeconomic development only if it drives decarbonisation and adapts to the global shift in commodity demand towards minerals used in green sectors such as renewable electricity and electric vehicles (EVs), a new study shows.

South Africa should not rush move away from coal

Mining News Pro - South Africa must manage its transition away from coal-fired power generation systematically and not rush a switch to renewable energy sources, Mining and Energy Minister Gwede Mantashe said on Thursday.

Minerals Council South Africa developing 2050 Net Zero Action Plan

Mining News Pro - The Minerals Council South Africa is developing a Net Zero 2050 Action Plan and pathway towards achieving the goal of net zero greenhouse-gas (GHG) emissions.

‘Just Transition Transaction’ can unlock fiscal space for South Africa’s low-carbon shift

Mining News Pro - A Just Transition Transaction (JTT) that enables South Africa to secure highly concessional finance from rich countries in return for accelerated decarbonisation would help create the fiscal space required to take such a programme forward, a new Meridian Economics study asserts.

South Africa miners back gradual move away from coal-fired power

Mining News Pro - South Africa’s mining industry has given its backing to moving the continent’s most developed economy away from coal but said it must be done gradually and responsibly.

South Africa mines plan $2.7 billion investment in power generation

Mining News Pro - Mining companies in South Africa are considering spending as much as 40 billion rand ($2.7 billion) to construct 2,000 megawatts of power generation capacity, said Roger Baxter, chief executive officer of Minerals Council South Africa.

Rainbow Rare Earths to use special separation tech at South Africa project

Mining News Pro - Africa-focused Rainbow Rare Earths (LON: RBW) has inked an an agreement with US-based K-Technologies to use its separation method in the miner’s Phalaborwa rare earths project in South Africa.

Rich nations head to South Africa seeking coal exit deal

Mining News Pro - Four of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according to people familiar with the matter.

South Africa’s green energy push hinges on R402bn debt fix

Mining News Pro - The head of South Africa’s State power utility needs to substantially reduce its R402-billion of debt to realise his vision of transforming the coal-addicted behemoth into a leading green-energy producer and create as many as 300 000 jobs in the process.

South Africa backs GDP data despite missing mine statistics

Mining News Pro - South Africa’s statistics agency maintains that its gross domestic product estimates for the second quarter will be credible amid plans to use an estimated value for missing mining data.

West Wits reveals production plans in South Africa

Mining News Pro - A definitive feasibility study (DFS) on the Qala Shallows Stage 1 of the Witwatersrand Basin project, in South Africa, has estimated that the project could produce 53 000 oz/y over a ten years.

South32 posts higher manganese, aluminium output from South African operations

Mining News Pro - Diversified miner South32 has posted a 21% year-on-year increase in manganese output from its South African mines to 2.26-million tonnes for the year ended June 30.

De Ruyter outlines green reindustrialisation vision for South Africa

Mining News Pro - Eskom CEO Andre de Ruyter has outlined the case for leveraging South Africa’s transition to green energy to reverse the country’s “vicious cycle of deindustrialisation and unemployment” and to trigger a “virtuous cycle of local demand for local goods to create investment and jobs”.

South Africa needs to commit to transitioning to net-zero by 2050

Mining News Pro - As a country with one of the most emissions-intensive power sectors in the world, and as a nation that is particularly vulnerable to the impacts of climate change, South Africa needs to commit to find ways to transition to a net-zero emission economy by 2050, National Business Initiative (NBI) CEO Joanne Yawitch asserts.

​​Civil unrest in South Africa, covid-19 may push cobalt prices up

Mining News Pro - Civil unrest in South Africa, a third wave of covid-19 and supply curbs in the Democratic Republic of Congo may push cobalt prices up to $25 per pound through 2021 from the current average of $23.94 per pound, according to a new report published by Fastmarkets.

Assmang calls force majeure on manganese alloys in South Africa

Mining News Pro - Assmang Proprietary Ltd. issued a notice of force majeure on manganese alloys production from its facilities in KwaZulu-Natal province, South Africa, according to an email from Rorie Wilson, an alternate director at the company.

Mavuso says South African democracy proved mettle despite destruction

Mining News Pro - Business Leadership South Africa (BLSA) CEO Busi Mavuso says last week was a serious test of South Africa’s constitutional democracy, but she believes the country managed to pass the test and proved how strong it really is.

Assmang calls force majeure on manganese alloys in South Africa

Mining News Pro - Assmang issued a notice of force majeure on manganese alloys production from its facilities in KwaZulu-Natal province, South Africa, according to an email from Rorie Wilson, an alternate director at the company.

Sibanye may wind down gold mines in South Africa’s fading sector

Mining News Pro - Sibanye Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.

Epiroc secures battery-electric mining equipment order from Ivanplats’ South African mine

Mining News Pro - Mining and infrastructure industry productivity and sustainability partner Epiroc has won a significant order for battery-electric mining equipment from Ivanplats, which will use the equipment to develop its greenfield mine in South Africa in the “most sustainable and productive manner possible”.

Sibanye may wind down gold mines in South Africa’s fading sector

Mining News Pro - Sibanye-Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.

Rio Tinto to keep South African operation shut

Mining News Pro - Rio Tinto said on Monday that operations at its Richards Bay Minerals (RBM) project in KwaZulu-Natal, South Africa, which was shut down in late June following the murder of the top manager, will remain halted despite talks with government.

Despite tailwinds, South Africa’s recovery could fade into ‘another lost decade’ without reforms

Mining News Pro - The World Bank expects South Africa to grow by 4% in 2021, supported by the strong global economic recovery from Covid and favourable commodity prices. However, the bank also warns that the medium-term outlook remains uncertain and will depend largely on whether the country is able to implement deeper economic reforms that support job creation and entrepreneurship.

Iconic South African mines ravaged economy’s unlikely savior

Mining News Pro - The world’s deepest precious-metals mines, together with giant iron-ore and coal pits are providing an unexpected boon to a South African economy slowly recovering from its biggest contraction in a century.

Sasol, IDC team up to stimulate South Africa’s green-hydrogen industry

Mining News Pro - Sasol and the State-owned Industrial Development Corporation (IDC) have signed a memorandum of cooperation to jointly advance South Africa’s green-hydrogen economy.

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