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Press Office - WEG Africa

NDB approves $1bn loan for SA, inks deal for more billions with Transnet
13th September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


Photo of Terence Creamer
Square peg
13th September 2024 By: Terence Creamer

The haste at which the Department of Mineral Resources and Energy (DMRE) is moving to remedy the embarrassment of having to withdraw the Ministerial determination opening the way for the... 


Image of battery energy storage unit
Papago storage project, US
13th September 2024 By: Sheila Barradas

Recurrent Energy is building the largest energy storage project in Arizona. 


Image of uranium ore
Honeymoon uranium mine restart project, Australia – update
13th September 2024 By: Sheila Barradas

The commissioning and ramp-up of the Honeymoon uranium mine is proceeding to plan. 


Image of Kayelekera gold operations
Kayelekera uranium restart project, Malawi – update
13th September 2024 By: Sheila Barradas

Lotus Resources has announced two uranium offtake agreements and a binding loan to partially fund the restart of its Kayelekera mine. 


Image of Koeberg NPP and electricity pylons
Koeberg nuclear power plant steam-generator replacement project, South Africa – update
13th September 2024 By: Sheila Barradas

Eskom has confirmed that it is likely to apply for a licence to operate Koeberg beyond the 20-year envelope that it has secured for Unit 1. 


Image of gold mineralisation at the Premier gold project
Premier gold project, Canada – update
13th September 2024 By: Sheila Barradas

Ascot has suspended operations just months after its first gold pour. 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa speaking at the nuclear summit
Ramokgopa to seek advice from team of experts before taking next nuclear steps
12th September 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa is assembling a committee of experts to advise him on the role that nuclear could play in South Africa’s future supply before issuing a new... 


EIB, FirstRand Bank boost renewables investment in South Africa with R7.9bn initiative
12th September 2024 By: Creamer Media Reporter

The European Investment Bank (EIB) and FirstRand Bank have announced a €400-million (R7.9-billion) joint initiative to invest in renewable-energy infrastructure and energy efficiency projects in... 


Hydrogen-electric aviation company gets a further investment boost from a Scottish bank
12th September 2024 By: Rebecca Campbell

Hydrogen-electric flight development company ZeroAvia has announced that it has now reached a total of $150-million in its Series C financing round. This total was reached following a £20-million... 


M&R CE Henry Laas
M&R positive about profitable returns from FY25 as rightsizing bears fruit
12th September 2024 By: Marleny Arnoldi

Engineering and contracting services company Murray & Roberts (M&R) has said the voluntary administration of its Australian businesses from December 2022, continued to impact it throughout the... 


Premier's Waltloo factory based in Pretoria
Premier showcases world-class Waltloo bakery
12th September 2024 By: Marleny Arnoldi

Bread continues to be a staple food in many South African households and consumer packaged goods company Premier has showcased, to the media, its automated Waltloo bakery that produces between 370... 


Hope for South African ferroalloys industry despite green transition challenges
12th September 2024 By: Darren Parker

Department of Mineral and Petroleum Resources* beneficiation economics director Kagiso Menoe has said that, despite the challenges brought about by the global green transition, government's outlook... 


Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
12th September 2024 By: Creamer Media Reporter

Denver-based Energy Fuels is advancing work to prepare for a possible July 2025 restart of production at the Nichols Ranch uranium mine, in Wyoming. To restart production at the... 


US Ex-Im Bank eyes investment in another Mozambique LNG project
12th September 2024 By: Bloomberg

The US Export-Import Bank is considering funding a liquefied natural gas project led by Eni off the coast of Mozambique, years after investing in an onshore facility to produce the fuel that’s been... 


Resources Watch
Resources Watch
12th September 2024

This week: BMG celebrates 50th at Electra Mining Africa 2024; Shell showcases sustainable energy solutions at Electra Mining and, Castrol unveils new logo, strategy as it celebrates 125th anniversary 


Unlocking Africa’s Green Hydrogen potential
12th September 2024

We are thrilled to announce Mr. Antony Phillipson, British High Commissioner to South Africa, as a keynote speaker at the DEVAC HYDROGEN-H INDABA taking place on 18 - 19 September 2024 at the NH... 


Peru copper output this year forecast below expectations, deputy minister says
Peru copper output this year forecast below expectations, deputy minister says
12th September 2024 By: Reuters

Copper production in Peru, the world's No. 3 producer of the key industrial metal, will likely fall short of a government goal of three-million metric tons this year, a top mining official said on... 


 Schneider Electric South Africa unveils new PrismaSet power distribution switchboard range
Schneider Electric South Africa unveils new PrismaSet power distribution switchboard range
12th September 2024

Schneider Electric South Africa is pleased to unveil its latest PrismaSeT range of new-generation power distribution switchboards which offers unrivalled modularity and minimum assembly time, even... 


The Importance of an Agile Supply Chain in Driving Competitiveness
12th September 2024

As the supply chain landscape rapidly evolves and artificial intelligence and technology speeds up processes, businesses face a multitude of challenges that require swift and strategic responses.... 


Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court
Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court
12th September 2024 By: Reuters

A Native American group on Wednesday asked the US Supreme Court to block Rio Tinto and BHP from gaining access to Arizona land needed to build one of the world's largest copper mines, a last-ditch... 


Struggling miners put the brakes on South Africa’s stock rally
12th September 2024 By: Bloomberg

South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining sector and stymie that outperformance. Johannesburg’s main... 


Future-Ready Artisans: Makers Fest 2024 Highlights Green Economy Opportunities and Challenges
12th September 2024

Artisans stand to benefit significantly from the Green Economy, with an estimated 75% of jobs in this sector expected to be filled by trade artisans in the future. While the anticipated transition... 


Webinar - The Hydrogen Economy
Webinar - The Hydrogen Economy
12th September 2024

The global imperative to reduce carbon emissions and address climate change continues to necessitate a transition to greener energy sources. Creamer Media Webinars is gathering top voices on green... 


Renewable Energy Webinar
South Africa set for massive changes as energy market pivots, renewable energy grows
12th September 2024 By: Schalk Burger

South Africa will need about 150 GW of renewable-energy generation and associated transmission infrastructure by 2050, meaning it needs to build about 6 GW of renewable-energy capacity each year.... 


Growthpoint CEO Norbert Sasse
Growthpoint reports improved KPIs despite high interest rates
11th September 2024 By: Sabrina Jardim

JSE-listed retail estate investment trust (REIT) Growthpoint Properties has reported improvements in the majority of key performance indicators (KPIs), including arrears, rental reversion rates,... 


European Investment Bank VP Ambroise Fayolle
EIB, DBSA increase funding for private renewables projects to R11.9bn
11th September 2024 By: Terence Creamer

The European Investment Bank (EIB) has approved another €100-million (R1.98-billion) loan in support of the Development Bank of Southern Africa’s (DBSA’s) Embedded Generation Investment Programme,... 


Solar PV panels
Zimbabwe’s biggest miners seek $182m for solar projects
11th September 2024 By: Bloomberg

Some of Zimbabwe’s biggest miners are seeking $182-million to develop 200 MW of locally-generated solar power, according to the head of the renewables company responsible for the projects. The... 


Aura notes improved Tiris project economics, increased production target
11th September 2024 By: Creamer Media Reporter

ASX- and Aim-listed Aura Energy has reported a 44% increase in life-of-mine (LoM) production at its Tiris uranium project, in Mauritania, to 43.5-million pounds of triuranium octoxide (U3O8), as... 


Smarter Mobility Africa Summit: Announcing Our Partners and Sponsors
11th September 2024

Smarter Mobility Africa summit, the leading platform for innovation and advancement in the Africa’s mobility sector, is thrilled to announce our esteemed partners and sponsors who are joining us... 


Green hydrogen - all that and storage too
Green hydrogen - all that and storage too
11th September 2024

By: Dwibin Thomas - Cluster Automation Leader at Schneider Electric A recent report published  by ScienceDirect, highlights two storage technologies: battery storage (BS) which is generally... 


Built by leading black-owned contractor Concor, 7 Parks Boulevard boasts world class status in green building standards
Concor builds to world leadership standard at Parks Boulevard
11th September 2024

Championing sustainability in the construction sector, Concor has completed another Green Star high achiever – 7 Parks Boulevard – in the Oxford Park precinct of Rosebank, Johannesburg. Developed... 


EU asks Australia to make foreign investment easier, eyes critical minerals
EU asks Australia to make foreign investment easier, eyes critical minerals
11th September 2024 By: Reuters

The European Union would like Australia to make foreign investment easier, its ambassador in Canberra said on Wednesday, as the bloc looks to diversify its supply chain for critical minerals.... 


A copper mine in the DRC
Congo sells copper from Tenke to trio of trading heavyweights
11th September 2024 By: Bloomberg

Glencore, Mercuria Energy Group and Trafigura Group are buying copper from the Democratic Republic of Congo’s State miner, which is marketing metal from joint venture projects for the first time.... 


Cobalt produced in the DRC
Net zero needs more metals, but less extraction from the earth
11th September 2024 By: Bloomberg

The mining industry is currently one of the most significant contributors to planet-warming emissions — but it's on track to become one of the most important sectors for a net-zero future. Annual... 


Paladin believes Fission's Patterson Lake South project in Canada is a 'natural fit'
Paladin’s C$1.1bn Canadian deal nears completion with Fission shareholder nod
10th September 2024 By: Mariaan Webb

Australia-based Paladin Energy announced on Tuesday that shareholders of Canadian firm Fission Uranium have approved its acquisition, marking a significant step forward in the C$1.14-billion... 


AI, IoT waste management solution developer wins GreenPitch challenge
10th September 2024 By: Schalk Burger

Waste management AI, machine vision and Internet of Things solutions developer Dragonfly has won the 2024 FNF GreenPitch Challenge. The early-stage company leverages these technologies to enable... 


Aterian completes initial target generation at Botswana project
10th September 2024 By: Sabrina Jardim

Following the conclusion of a share purchase agreement to acquire a 90% interest in Atlantis Metals, in Botswana, in April, Aim-listed Aterian has completed initial target generation using... 


Transport Minister Barbara Creecy
National roads need over R307-billion of repairs
10th September 2024 By: Bloomberg

South Africa, which already faces a heavy bill to upgrade its port, rail and electricity infrastructure, needs R307-billion to repair and improve its sprawling national road system. The South... 


Bushveld Minerals CEO Craig Coltman
Bushveld embarks on cost cutting initiatives, including retrenchments
10th September 2024 By: Darren Parker

Aim-listed Bushveld Minerals has begun work on cost cutting initiatives and development works to return the company to profitability and secure Bushveld's long-term future. The company said on... 


An aerial view of the Electra Ontario refinery
Electra secures $20m term sheet for Canada cobalt refinery as financing talks advance
10th September 2024 By: Mariaan Webb

Canadian cobalt refinery developer Electra Battery Materials on Tuesday announced a non-binding term sheet for a $20-million prepayment facility from a strategic player in the battery materials... 


Standard Bank hosts its 4th annual Climate Summit
Standard Bank hosts its 4th annual Climate Summit
10th September 2024

Standard Bank Group is gearing up to host the fourth instalment of its highly anticipated Climate Summit.  The Summit, which will be held in Johannesburg next month, is one of the cornerstones of... 


Chinese firms to build Namibia's largest solar power plant
10th September 2024 By: Reuters

Namibia's State-owned power utility NamPower on Monday said it had signed a contract with two Chinese firms to start building the country's largest solar power plant. The southern African country... 


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