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WEG Africa

Press Office - WEG Africa

Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 


Cameco CEO Tim Gitzel
Cameco sees uranium price inflation from US tariffs
21st February 2025 By: Mariaan Webb

Toronto-listed Cameco has warned that a proposed 10% US tariff on Canadian energy products, including uranium, could lead to significant price inflation in the global uranium market, even though... 


Teck CEO Jonathan Price
Teck CEO downplays potential impact of proposed US tariffs
21st February 2025 By: Mariaan Webb

Canadian copper and zinc miner Teck Resources CEO Jonathan Price has moved to assure investors that the company remains well positioned, despite potential trade tariffs that may be imposed by the... 


BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

The Namibia-based Etango uranium project of Australian uranium development company Bannerman Energy is advancing towards production, with first uranium output expected in 2028. The project is set... 


JOHN SISAY
Despite Namibia’s growing reputation in the global mining sector, much of its land remains underexplored
Mining sector in global spotlight
21st February 2025 By: Simone Liedtke

Namibia’s mining industry is gaining global recognition, driven by strong regulations, clear policies and a commitment to economic growth, reports copper mining company Consolidated Copper CEO John... 


The above image depicts Zero USV MD Matthew Ratsey
Uncrewed surface vehicles transform maritime security, defence
21st February 2025 By: Lynne Davies

Uncrewed surface vehicles (USVs) are redefining defence and security by enhancing efficiency and reducing risks in maritime operations, says marine automation company Zero USV. By removing the... 


An image of Servaas Kranhold
Sector performance predicated on successful energy adaptation
21st February 2025 By: Lumkile Nkomfe

While mining companies in South Africa are increasingly setting ambitious carbon net zero targets, translating these into tangible actions is a long-term challenge, highlights global professional... 


An image of Joseph Mainama
Due diligence a cornerstone of mining’s future – consultancy
21st February 2025

It is increasingly vital for shareholders and financiers to get expert and independent corroboration on mining resources, plans, valuations and other aspects of each venture as mining projects are... 


An image of Shammy Luvhengo
Coal to remain relevant in energy transition – miner
21st February 2025 By: Lumkile Nkomfe

The concurrent use of coal and renewable energy has been identified as a tenable strategy for development of emerging players in South Africa’s mining sector, says midtier coal miner Ndalamo... 


An image of Vuslat Bayoglu
Budding developer prioritises diversification
21st February 2025 By: Lumkile Nkomfe

More opportunities are likely to emerge in the manganese value chain in future, following anticipated growth in demand for manganese ore and its products including ferromanganese. “This is being... 


PROMISING PROSPECT
Exploration programmes at Lithium Ridge have found continuous mineralisation along a 6 km strike length, with reverse circulation drilling intercepting lithium grades of up to 2.13% lithium oxide
Partnership inked to develop lithium mine
21st February 2025 By: Donna Slater

As a testament to Namibia being a Tier 1 mining jurisdiction, specialty minerals miner SQM has partnered with critical raw materials producer Andrada Mining, contributing a $20-million investment... 


An image of Nivaash Singh
Regulations continue to discourage explorers
21st February 2025 By: Lumkile Nkomfe

Mining regulations in South Africa are hindering any meaningful exploration activity, with explorers reducing prospecting budgets, and exploration capital being deployed elsewhere where such... 


An image of Ralf Hennecke
Endeavouring to reach 2030 ESG targets
21st February 2025

Closer collaboration within Africa’s mining ecosystem will be required if the sector is to meet its ambitious environmental, social and governance (ESG) targets for 2030, reports blasting... 


Photo of Martin Creamer
South Africans must seize new-era opportunities to offset global disruption
21st February 2025 By: Martin Creamer

To offset the current global disruption, all South Africans must focus on seizing every economic opportunity that pops up, as we enter a new economic era. All prospects must be communicated like... 


Huawei powers South African farm with solar, stored energy
21st February 2025 By: Natasha Odendaal

Global information and communication technology infrastructure and smart devices provider Huawei has installed a LUNA2000 2.0 MWH battery energy storage system (BESS) at Sunspot Farm, in Montagu,... 


Magazine cover image
Eight takeaways from an in-flux 2024 new-vehicle market
21st February 2025 By: Irma Venter

It may have been 60 years ago, but Bob Dylan’s 1964 hit perhaps best describes conditions in last year’s automotive market – The Times They Are A-Changin’ 2024 was the year in which the dominance... 


Copper demand, prices likely to boom, despite uncertain macroeconomics
21st February 2025 By: Irma Venter

When looking ahead to 2050, the global economy is probably going to need about 80% to 90% more copper than what is being produced today – which adds up to between 50-million and 60-million tons a... 


Image of lithium ore on a conveyor
Mariana lithium brine project, Argentina – update
21st February 2025 By: Sheila Barradas

The project has started production. 


Image of gold ore
Stibnite gold project, US – update
21st February 2025 By: Sheila Barradas

Mining exploration and development company Perpetua Resources Corp has started detailed engineering and a procurement contract with Idaho Power for powerline materials. 


Hydropower study confirms sustainable, low-cost power supply for Orom-Cross
20th February 2025 By: Sabrina Jardim

London-listed Blencowe Resources has completed an initial hydropower study for its Orom-Cross graphite project, in Uganda. The study confirms the availability of abundant, low-cost and renewable... 


The Rosh Pinah Solar Park
Appian to acquire the majority shareholding in Rosh Pinah Solar Park
20th February 2025 By: Sabrina Jardim

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


Dean Horton appointed to Canyon board
20th February 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 


GoviEx progresses Muntanga project financing
20th February 2025 By: Sabrina Jardim

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 


By Keith Webb, Senior Investment Banker for Infrastructure Sector Solutions at RMB
RMB: Shaping SA's Energy Future Through Innovative Financing of Transmission Infrastructure
20th February 2025

By Keith Webb, Senior Investment Banker for Infrastructure Sector Solutions at RMB In the heart of South Africa's economic transformation lies the intricate challenge of overhauling its energy market. 


Aramine announces participation in Bauma 2025 & showcases groundbreaking innovations
20th February 2025

Aramine, a global leader in underground mining equipment, proudly celebrating its 50th anniversary this year, announces its participation in Bauma 2025, the world's leading trade fair for... 


The sensory reaction of BMS
The sensory reaction of BMS
20th February 2025

By: Mark Freeman - Offer Manager, Digital Building for Anglophone Africa at Schneider Electric Our senses play a vital role in how we perceive, experience and react to the world around us; it forms... 


Fortescue Energy CEO Mark Hutchinson
Fortescue adjusts green energy timelines amid market uncertainty
20th February 2025 By: Mariaan Webb

Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson, said... 


Wyloo, Hastings to form Yangibana rare earths JV
Wyloo, Hastings to form Yangibana rare earths JV
20th February 2025 By: Creamer Media Reporter

Billionaire Andrew Forrest’s Wyloo has entered into exclusive negotiations with ASX-listed Hastings Technology Metals to establish an unincorporated joint venture (JV) for the Yangibana rare earths... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


An image depicting the wind farm
Northam finalises PPA for wheeled wind energy
19th February 2025 By: Sabrina Jardim

Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Metlen secures long-term strategic agreements with Rio Tinto for bauxite, alumina
19th February 2025 By: Sabrina Jardim

Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both... 


Pele Green Energy project development head Adhila Mayet
Pele Green Energy talks to Mining Weekly post Mining Indaba 2025
19th February 2025

Independent power producer Pele Green Energy project development head Adhila Mayet talks to Mining Weekly in studio via Zoom, following a successful Investing in African Mining Indaba 2025, to... 


The Somair mine in Niger
Orano looks to Mongolia as new source for uranium as Niger problems drag on
19th February 2025 By: Reuters

 French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production... 


The accelerated motion of data centres and how modular builds keep up
The accelerated motion of data centres and how modular builds keep up
19th February 2025

By: Ben Selier - Vice President, Secure Power, Anglophone Africa at Schneider Electric The expansion of the current data centres landscape is certainly making history.  Its growth is almost... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


Kumba CE Mpumi Zikalala
Kumba posts lower earnings, dividend as steel demand weakened in 2024
18th February 2025 By: Marleny Arnoldi

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


MMC procures crystalliser plant to produce battery-grade manganese material
MMC procures crystalliser plant to produce battery-grade manganese material
18th February 2025 By: Sabrina Jardim

Manganese producer and exporter Manganese Metal Company (MMC) has awarded crystallisation and evaporation plant and systems provider JordProxa Africa a contract to supply it with a crystalliser... 


dump truck
Infrastructure slowdown in Australasia impacts on Aveng’s revenue
18th February 2025 By: Darren Parker

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 


Master Drilling executive director Koos Jordaan
New diamond-enabled cutting technology partnership announced
18th February 2025 By: Shannon de Ryhove

World leader in the design, development and production of synthetic diamond advanced material solutions Element Six, part of the De Beers Group, and global leader in drilling technology solutions... 


Ex-Glencore, Lundin execs launch firm hunting for copper, gold assets
18th February 2025 By: Reuters

Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15-billion in available... 


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