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WEG Africa

Press Office - WEG Africa

Image of the Karowe operation
Karowe underground project, Botswana – update
22nd November 2024 By: Sheila Barradas

Lucara Diamond Corp has reported significant progress at the project. 


Graphite from the Orom-Cross project
Orom-Cross graphite project, Uganda – update
22nd November 2024 By: Sheila Barradas

Blencowe Resources aims to complete the definitive feasibility study next year. 


Sierra Leone woos miners to clean energy with $11bn
21st November 2024 By: Bloomberg

Sierra Leone wants mining companies to connect to the grid and help reassure renewable-energy investors there’s enough demand in the West African nation to justify an ambitious $10.9-billion power... 


Peninsula Energy appoints COO
21st November 2024 By: Creamer Media Reporter

Uranium company Peninsula Energy has appointed Frederic Guerin as COO and senior VP of geology. Guerin will start his new role on November 25 at an important time for Peninsula, as the company... 


Evolution Mining CEO Jake Klein
Evolution’s Klein calls for bold strategy to future-proof Australia’s mining industry
21st November 2024 By: Mariaan Webb

Gold and copper miner Evolution Mining founder and chairperson Jake Klein has called for a clear strategy to future-proof Australia’s mining industry in an increasingly unstable global environment... 


Critical Minerals Webinar image
Exploration, partnerships the cornerstones of increasing critical minerals investment
21st November 2024 By: Marleny Arnoldi

As the world demands more “new” minerals such as copper, lithium and rare earths for use in smart technologies for decarbonisation and clean energy production, African countries have some key... 


Nuclear Fuels raises nearly C$14m to advance US projects
21st November 2024 By: Creamer Media Reporter

Uranium exploration company Nuclear Fuels has closed a private placement of 25-million units, raising C$13.9-million to advance its uranium projects in the US. As part of the offering,... 


The Shootaring Canyon mill
Proxy firm recommends IsoEnergy’s acquisition of Anfield Energy
21st November 2024 By: Mariaan Webb

Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders of Toronto-listed IsoEnergy vote in favour of its proposed acquisition of Anfield Energy.... 


The rise and adoption of process automation in West Africa
The rise and adoption of process automation in West Africa
21st November 2024

By: Ajibola Akindele - Country Manager, West Africa at Schneider Electric West Africa is experiencing significant advancements in process automation, driven by key industries such as oil, gas,... 


Osisko secures key BC permits for Cariboo gold project
Osisko secures key BC permits for Cariboo gold project
21st November 2024 By: Mariaan Webb

NYSE- and TSX-V-listed Osisko Development has announced approval of the BC Mines Acts permits for its 100%-owned Cariboo gold project, in British Columbia, Canada. The approval clears the way for... 


Schneider Electric East Africa launches eCommerce platform to enhance the procurement process for spare parts
Schneider Electric East Africa launches eCommerce platform to enhance the procurement process for spare parts
21st November 2024

Schneider Electric East Africa has launched its eCommerce platform, which is aimed at enhancing the procurement process for its entire product range and is designed to cater to a diverse target... 


China’s coal bounty to keep prices in check over peak season
21st November 2024 By: Bloomberg

China’s abundance of coal is likely to forestall power outages and suppress prices, even as the country heads into what’s typically a peak season for consumption. Record supply, from domestic... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa again moots policy interventions to provide relief from Eskom hike
20th November 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa, who is Eskom’s shareholder Minister, has reiterated his opposition to the utility receiving a 36.15% tariff hike next year, while also... 


WHM granted environmental authorisation for Perdevlei concession
20th November 2024 By: Creamer Media Reporter

South Africa's Department of Mineral Resources and Energy (DMRE) has granted Whale Head Minerals (WHM), a subsidiary of Aim-listed investment company Kazera Global, an environmental authorisation... 


Russian coal shipments to China fall 10% in September
20th November 2024 By: Reuters

China's coal imports from Russia fell 10% in September from the same month a year earlier, customs data showed on Sunday, as sanctions on Moscow continued to weigh. Russia's coal shipments to... 


Exxon signs deal to supply lithium to battery maker LG Chem
20th November 2024 By: Bloomberg

Exxon Mobil has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply... 


SANEDI CEO Dr Titus Mathe
Remodelled draft IRP to be unveiled next week for limited public consultation
20th November 2024 By: Terence Creamer

A remodelled Integrated Resource Plan (IRP) for electricity will be released to the public next week and is expected to deviate materially from the heavily criticised draft IRP2023, which was... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Canadian regulator orders halt to Sunshine Oilsands operations
20th November 2024 By: Reuters

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 


NexGen reaches permitting milestone for Canadian uranium project
NexGen reaches permitting milestone for Canadian uranium project
20th November 2024 By: Creamer Media Reporter

Canadian uranium developer NexGen Energy on Tuesday announced a significant milestone in the federal environmental assessment (EA) for its Rook I project on the Patterson Lake peninsula in the... 


Electra secures 10-year exploration permit for Idaho copper/cobalt properties
20th November 2024 By: Creamer Media Reporter

Nasdaq- and TSX-V-listed Electra Battery Materials has secured a ten-year exploration permit for its Idaho copper and cobalt properties, including its Iron Creek project, in the Idaho Cobalt Belt,... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Peru copper output edges down 1% in September
20th November 2024 By: Reuters

Peru's copper production fell 1.2% in September compared to the same month last year to settle at 232 423 metric tons, data from the ministry of energy and mines showed on Tuesday. Peru is one of... 


Aurora turns its focus to Australia as it options Oregon project
19th November 2024 By: Creamer Media Reporter

Australia’s Aurora Energy Metals is shifting its focus to a local jurisdiction with an option agreement to put its namesake project in Oregon into a US domiciled company, while broadening its asset... 


Graphite in containers
Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape
19th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


A copper mine in Zambia
Mitsui said to be highest bidder for First Quantum's stake in Zambia mines
19th November 2024 By: Bloomberg

Japanese trading house Mitsui & Co. has emerged as the highest bidder for a stake in First Quantum Minerals’ Zambian copper mines, according to people familiar with the matter. Mitsui submitted an... 


Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership
Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership
19th November 2024 By: Mariaan Webb

Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%. This... 


MTN SA Enterprise Business General Manager – ICT Sudipto Moitra
Transforming mining in Africa: 5G private networks, cutting-edge tech revolutionise the future
19th November 2024

Mining in Africa presents numerous challenges and, quite simply, the chances of prospering are limited without the ability to communicate and use cutting-edge technology effectively.  


Schneider Electric champions renewable energy and grid modernisation at Cape Town Innovation Talk
Schneider Electric champions renewable energy and grid modernisation at Cape Town Innovation Talk
19th November 2024

Schneider Electric, the world’s most sustainable company and leader in the digital transformation of energy management and automation, recently presented its Renewable Energy Solutions Innovation... 


Fission's Patterson Lake property
ICA review of Paladin’s Fission takeover extended to year-end
19th November 2024 By: Mariaan Webb

The Canadian Minister of Innovation, Science and Industry has extended the national security review period for the takeover of Fission Uranium by Australia’s Paladin Energy, now set to conclude on... 


The Kariba dam
Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says
19th November 2024 By: Bloomberg

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a... 


Heraeus Business Line Hydrogen Systems head Dr Philipp Walter
Far-reaching platinum hydrogen package launched at European Hydrogen Week
18th November 2024 By: Martin Creamer

A new brand that offers a comprehensive portfolio of hydrogen application support off a single platinum group metals (PGMs) company base has been launched at the European Hydrogen Week 2024 by... 


A test mine established by the MMP
MMP looks to the future with a new strategy
18th November 2024 By: Sabrina Jardim

With a focus on research, development and innovation (RDI), the Mandela Mining Precinct (MMP) is implementing a new strategy for the next five years, with a focus on the future of the South African... 


Open Mic
Affordability and Eskom inefficiencies come under scrutiny as Nersa hearings kick off
18th November 2024 By: Terence Creamer

The issues of electricity affordability and Eskom’s inefficiencies emerged as recurring themes as the National Energy Regulator of South Africa (Nersa) kicked off nationwide public hearings in Cape... 


Nickel miner Prony plans for restart of New Caledonia production
Nickel miner Prony plans for restart of New Caledonia production
18th November 2024 By: Bloomberg

Nickel miner Prony Resources New Caledonia has brought its staff back onsite as it prepares to restart output after a six-month suspension triggered by riots in the French territory. The company,... 


iron ore pellets
Iron-ore prices to remain at about $100/t in 2025, BMI says
18th November 2024 By: Darren Parker

Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming... 


The Kurrbili accommodation village
Wyloo withdraws default notice, reaffirms support for Hastings’ Yangibana project
18th November 2024 By: Mariaan Webb

Australian rare earths developer Hastings Technology Metals announced on Monday that Andrew Forrest’s Wyloo Metals had withdrawn its default notice and reaffirmed its support for both Hastings and... 


An image of the Etango uranium project in Namibia
Bannerman Energy appoints Bruce McFadzean as nonexec director
18th November 2024 By: Tasneem Bulbulia

ASX-listed Bannerman Energy has appointed Bruce McFadzean as a nonexecutive director, effective November 18. McFadzean is a mining engineer with over 40 years of mining and process experience... 


Mike Henry
Soaring demand for copper will help drive mergers, BHP CEO says
18th November 2024 By: Bloomberg

Soaring demand for copper will require $250billion of investment over the next decade, helping to drive further mergers in the industry, BHP Group CEO Mike Henry said. “New deposits in certain key... 


Hydrogen wildcatters are betting big on Kansas to strike it rich
18th November 2024 By: Bloomberg

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for naturally occurring hydrogen,... 


Trump chooses oil fracking boss Wright as energy secretary
Trump chooses oil fracking boss Wright as energy secretary
18th November 2024 By: Bloomberg

President-elect Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department. Wright, the chief executive officer of... 


Geraldine Slattery
BHP warns Australian mining not ready for low-cost competitors
18th November 2024 By: Bloomberg

BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors. The boom in demand from China’s... 


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