Swagefast - Namibia

Green unpacks big ambition for heartland as first 155 MW project enters into operation https://zurl.co/V1NlU

Seriti unpacks big renewables ambition for coal heartland as first 155 MW wind project enters into operation The first 25 turbines at Seriti Green’s Ummbila Emoyeni Wind Farm, which is rising in the coal heartland of Mpumalanga within site of the giant Secunda coal-to-liquids complex and in close proximity to three Eskom power stations, have officially entered commercial operation. The milestone was comm...

Resources increases its resource estimate for rare earths project https://zurl.co/sjnJJ

Aldoro increases its resource estimate for Namibian rare earths project ASX-listed mineral exploration and development company Aldoro Resources has confirmed that its Kameeelburg rare earth elements (REEs) project, in Namibia, has increased its resource estimate from a maiden 280-million tonnes reported 12 months ago, to 804.5-million tonnes as at June 30. The update mi...

Is still the safe haven it was? Research suggests it has lost its lustre https://zurl.co/Qgqhr

www.miningweekly.com

sector not as badly affected by as first thought, but risks remain https://zurl.co/JdPWO

Mining sector not as badly affected by Middle East conflict as first thought, but risks remain Following the release of its mid-year review, global energy consultancy Wood Mackenzie (WoodMac) has highlighted how contained the damage has been to the global mining and metals markets amid conflict in the Middle East and the upcoming US mid-term elections in November. The consultancy says the cle...

looks to investment to bolster TDP rollout Eskom Hld SOC Ltd https://zurl.co/OJgrF

NTCSA looks to Chinese investment to bolster TDP rollout South Africa's electricity sector is facing an "interesting challenge", with the grid not designed for dispatched generation of intermittent energy sources, National Transmission Company of South Africa (NTCSA) CEO Monde Bala told delegates at the South Africa-China Electricity & Energy Investmen...

50MW PV facility in Free State achieves commercial operation https://zurl.co/HXyla

50 MW Ilikwa solar PV facility in Free State achieves commercial operation Renewable energy company Mainstream South Africa's 50 MW Ilikwa solar PV facility has achieved commercial operation and marks the start of supplying commercial electricity to multiple private commercial and industrial customers. Located near Parys, in the Free State, the project is part of South Afr...

An independent transmission system operator a must, argues https://zurl.co/ZSdOW

An independent transmission system operator a must, BLSA’s Mavuso argues Section 34A of the Electricity Regulation Amendment Act requires that the independent transmission system operator (ITSO), as the licensed transmitter, control the network it operates, says business organisation Business Leadership South Africa (BLSA). President Cyril Ramaphosa, in his February Stat...

to acquire nearly 21% stake in https://zurl.co/vB8LA

Persistence Gold to acquire nearly 21% stake in GoldStone Aim-listed GoldStone Resources has entered into a subscription agreement with Hong Kong-listed mining and investment company Persistence Gold Group pursuant to which Persistence has agreed to subscribe for 351.59-million new ordinary shares in the company at a price of 1p per subscription share. The...

June imports jump 29% after mine accident https://zurl.co/y6CWA

China's June coal imports jump 29% after mine accident China imported 42.78-million tons of coal in June, customs data showed on Tuesday, up 29% from a year earlier as a mine accident in late May tightened domestic supply and led to higher imports. China's coal imports in the first half of the year rose 1.7% from a year earlier to 225.4-million tons, th...

Norsk Hydro tops Q2 profit view as higher prices offset Qatar hit https://zurl.co/dzec1

Norsk Hydro tops Q2 profit view as higher prices offset Qatar hit Norwegian aluminium producer Norsk Hydro reported a quarterly core profit above market expectations on Wednesday, as higher aluminium prices and stronger recycling margins outweighed weaker energy output and adverse currency effects. Hydro benefited from elevated aluminium prices and regional premiu...