Mandatory code of Covid mining practice gazetted
JOHANNESBURG (South Africa's guidelines for a mandatory Code of Practice (COP) to mitigate and manage the Covid-19 pandemic in the mining industry have been gazetted. Failure by employers to prepare…
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Newmont issues new 2020 guidance, lowers capex
S-based gold major Newmont has issued a new production guidance for 2020, as it began ramping up operations at four sites that were previously placed in care-and-maintenance. CEO Tom Palmer reported in…
Nersa allows Eskom to claw back R13.3bn in tariffs
South African energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/19 financial year, lower than what the…
How business is helping citizens in South Africa
South Africa has been applauded by the World Health Organization for managing to control the spread of the coronavirus far more successfully than developed countries to date. Since the announcement…
Sasol to mull adding pipeline, Qatar plant to disposal plan
Sasol is considering additional ivestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10-billion debt…
Mining decarbonises through hybrid energy solutions
The mining industry is one of the most energy-intensive industries globally, a situation that is compounded by its intensive use of fossil fuels to power its operations. The energy transition,…
Council increases mapping to drive South Africa’s exploration attractiveness
As part of government’s response to keep the South African economy afloat during the outbreak of Covid-19 and beyond, the Council for Geosciences (CGS) has been mandated to increase its…
BHP sticking with spending strategy amid coronavirus shock
LONDON – BHP Group will stick with its capital allocation framework, which assesses the best way to deploy spending across the group, despite the impact of the coronavirus pandemic, CEO…
Iron-ore prices to remain resilient – Fitch
BY: TASNEEM BULBULIA Research firm Fitch Solutions Country Risk and Industry Research, which is a unit of Fitch Group, has maintained its iron-ore price forecast at $85/t for this year, as…
Renewable energy projects in Africa
About 70% of utility-scale renewable energy projects undertaken under the Renewable Energy Independent Power Producer Procurement (REIPPP) programme in South Africa to date have seen the involvement of engineering, design,…
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