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Press Office - WEG Africa

Minister in the Presidency for Planning, Monitoring and Evaluation Maropene Ramokgopa
Medium-Term Development Plan to incorporate 3% growth target
7th February 2025 By: Terence Creamer

South Africa’s Medium-Term Development Plan (MTDP) for the five-year period to 2029 will incorporate the 3% GDP growth target announced by President Cyril Ramaphosa in his State of the Nation... 


African development financier successfully secures major Islamic finance facility
7th February 2025 By: Rebecca Campbell

African infrastructure and industrial development funding agency, the Africa Finance Corporation (AFC), has made a successful strategic return to the Islamic finance market, after a gap of eight... 


Relative to global counterparts, sub-Saharan African CEOs bullish about global economy future – PwC report
7th February 2025 By: Tasneem Bulbulia

Sixty-three per cent of sub-Saharan Africa CEOs surveyed in PwC’s twenty-eighth ‘Annual Global CEO Survey: Sub-Saharan Africa perspective’ report say they are increasingly optimistic about the... 


Alex Dall
Surprise turn as Gold Fields' permanent financial task now falls to interim CFO Dall
7th February 2025 By: Martin Creamer

Phillip Anthony Murnane will no longer be the new CFO of Gold Fields, as was announced on the JSE Stock Exchange News Service (SENS) in August last year. Instead, as from March 1, that role will be... 


President Cyril Ramaphosa
Mixed reactions to Ramaphosa’s SoNA
7th February 2025 By: Thabi Shomolekae

Opposition parties have expressed mixed reactions to President Cyril Ramaphosa’s State of the Nation Address, with the GOOD Party praising Ramaphosa’s steady and diplomatic tone in the face of US... 


Cochilco expects copper price to be $4.25/lb through 2026
Cochilco expects copper price to be $4.25/lb through 2026
7th February 2025 By: Reuters

Chile's state copper commission Cochilco held its copper price forecast for 2025 steady at $4.25/lb and also used the same price for its new 2026 projection, the agency said on Thursday. Cochiloc... 


Digitalisation in mining – the advantage you need now
Digitalisation in mining – the advantage you need now
7th February 2025

By: Johan Pretorius, MMM Segment Lead, Anglophone Africa and Hennie Colyn, MMM, Strategic Account Executive (RKAM) at Schneider Electric If one had to define digitalisation, phrases like “improved... 


Energy and Minieral Resources Minister Jonathan Wilkinson
Canada invests in Quebec's critical minerals research, infrastructure developments
7th February 2025 By: Mariaan Webb

Energy and Natural Resources Minister Jonathan Wilkinson on Thursday announced up to C$43.5-million in investments under two critical mineral funding programmes to help advance critical minerals... 


EY tax partner Duane Newman
Nersa’s carbon tax decision may signal extension of prevailing approach to electricity price neutrality
7th February 2025 By: Terence Creamer

The National Energy Regulator of South Africa’s (Nersa’s) recent decision to disallow Eskom from raising revenue through the tariff for carbon taxes may indicate that the National Treasury has... 


Engen Helps Power Hillview Secondary School with a Sustainable Future
Engen Helps Power Hillview Secondary School with a Sustainable Future
7th February 2025

Engen is proud to announce the successful launch of a cutting-edge solar power system at its Engen Maths and Science School (EMSS) at Hillview Secondary School in South Durban. This initiative... 


Nosiphiwo Mzamo, CEO of the State Diamond Trader
Nosiphiwo Mzamo
7th February 2025 By: Creamer Media Reporter

This week we profile Nosiphiwo Mzamo, CEO of the State Diamond Trader, a State-owned entity operating in the diamond industry that aims to grow local diamond beneficiation 


Magazine Cover image
Critical minerals miners urged to integrate circularity, communities from start
7th February 2025 By: Marleny Arnoldi

Circularity and community engagement have emerged as key factors for critical minerals mining as more countries and companies turn their focus to the “new” minerals required for green energy and... 


An image of Gavin Erasmus
Logistics innovation, investment will benefit the economy
7th February 2025 By: Trent Roebeck

The numerous and imminent innovations and trends in the African logistics sector, while presenting challenges, could result in several benefits for businesses and industry, particularly mining,... 


An image of rental forklifts in a warehouse
Rental solutions benefit materials handling projects
7th February 2025

Short-term rental solutions for materials handling equipment can be highly beneficial for operations, such as agriculture, logistics and warehousing, which are accompanied by fluctuating needs. In... 


An image of metallurgical silicon production at Ferroglobe's plant in Sabón, which has three furnaces in operation
Producer eyes increased silicon metal production
7th February 2025 By: Nadine Ramdass

In an effort to strengthen the US silicon metal supply chain and meet forecasted demand in growing industries, such as electric vehicles (EVs), silicon metal and silicon-based alloys producer,... 


Water resilience strategies key to avoiding water-shedding
7th February 2025 By: Natasha Odendaal

In the wake of South Africa adjusting to the prolonged impact of the now-eased loadshedding, water-shedding has emerged as another significant risk, threatening to the sustainability of businesses... 


Location map of the Lance Projects
Lance Projects – Ross and Kendrick production areas, US – update
7th February 2025 By: Sheila Barradas

The production of the first dry yellowcake is scheduled for the June quarter of 2025. 


Akkuyu on-shore pumping station
Akkuyu nuclear power plant project, Türkiye – update
7th February 2025 By: Sheila Barradas

The startup and adjustment phases have started on the main equipment of the on-shore pumpstation of Akkuyu's Unit 1. 


Image of pumped storage facility
Lewis Ridge pumped-storage project, US
7th February 2025 By: Sheila Barradas

Rye Development is building the first pumped-storage hydropower facilities built in the US in more than 30 years. 


Image of BESS facility
Battery energy storage system projects, Saudi Arabia
7th February 2025 By: Sheila Barradas

Saudi Power Procurement Company, under the supervision of the Ministry of Energy, is building four battery energy storage system facilities with a total storage capacity of 8 000 MWh in Saudi Arabia. 


Energy debate likely to shift from availability to affordability – Cape Town mayor
7th February 2025 By: Irma Venter

With power utility Eskom breaching 300 days without loadshedding, the national energy debate is likely to shift from availability to affordability, says Cape Town mayor Geordin Hill-Lewis.... 


Photo of Terence Creamer
Transition momentum
7th February 2025 By: Terence Creamer

Recent developments in South Africa’s electricity market point to there being growing, albeit still nascent, momentum behind the country’s energy transition. They also suggest that the transition... 


Magazine Cover image
Critical minerals miners urged to integrate circularity, communities from start
7th February 2025 By: Marleny Arnoldi

Circularity and community engagement have emerged as key factors for critical minerals mining as more countries and companies turn their focus to the “new” minerals required for green energy and... 


Image of solar panels
Sabodala-Massawa mine solar photovoltaic plant, Senegal – update
7th February 2025 By: Sheila Barradas

Construction of the power plant has been completed. 


Image of uranium ore
Patterson Lake South uranium project, Canada – update
7th February 2025 By: Sheila Barradas

Paladin Energy has signed a mutual benefits agreement with Buffalo River Dene Nation. 


Image of wind turbines for Seriti Green's Ummbila Emoyeni wind energy facility
Ummbila Emoyeni wind energy facility, South Africa – update
7th February 2025 By: Sheila Barradas

Nine turbines, including 27 blades and other components, are being transported on the N2, from Richards Bay to the facility. 


Blackstone to acquire Mankayan copper/gold project in merger with IDM
Blackstone to acquire Mankayan copper/gold project in merger with IDM
6th February 2025 By: Creamer Media Reporter

Australia-listed Blackstone Minerals on Thursday announced a binding scheme implementation deed with IDM International for an all-scrip merger, securing ownership of the Mankayan copper/gold... 


Toro advances Lake Maitland scoping study update
6th February 2025 By: Creamer Media Reporter

Western Australia-focused uranium developer Toro Energy has completed the re-optimisation of the potential mining pit at its Lake Maitland uranium/vanadium project, marking a key step towards the... 


Hudaco’s full-year performance shows signs of recovery
6th February 2025 By: Tasneem Bulbulia

JSE-listed Hudaco Industries is “very pleased” with its financial results for the full-year ended November 30, 2024, with signs of improvement seen in the latter months following a poor first-half... 


EWSETA partners with Veer Energy to provide renewable energy skills development
6th February 2025 By: Schalk Burger

The Energy and Water Sector Education and Training Authority (EWSETA) has partnered with renewable energy infrastructure company Veer Energy to provide training for youth to build meaningful... 


Dr Nombasa Tsengwa
Tsengwa resigns as Exxaro CEO
6th February 2025 By: Creamer Media Reporter

Dr Nombasa Tsengwa has resigned as CEO and board member of Exxaro Resources, with immediate effect. She was placed on a precautionary suspension in December, pending the outcome of an independent... 


Salga president Bheke Stofile
Salga wants SoNA to address municipal challenges
6th February 2025 By: Thabi Shomolekae

As the country braces for the seventh administration’s State of the Nation Address (SoNA), South African Local Government Association (Salga) President Bheke Stofile extended his best wishes to... 


Webber Wentzel Announces Strategic Appointments to Strengthen Key Practice Areas
Webber Wentzel Announces Strategic Appointments to Strengthen Key Practice Areas
6th February 2025

Webber Wentzel, a leading African law firm, is pleased to announce the appointment of a group of accomplished professionals to its team. These strategic appointments underscore the firm’s... 


DRDGOLD expects to report up to 70% increase in EPS, HEPS
6th February 2025 By: Sabrina Jardim

JSE-listed DRDGOLD says it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 109.2c and 116c for the six months ended December 31. That compares with the... 


Transnet seeks bidders for Lilly pipeline repurposing
6th February 2025 By: Schalk Burger

State-owned Transnet Pipelines has issued a request for proposals (RfP) from interested parties to enter into an agreement to secure pipeline capacity in the repurposed Lilly pipeline. The... 


President Donald Trump has signed an executive order declaring a national energy emergency.
Loyal Lithium seeks to capitalise on Trump’s energy emergency
6th February 2025 By: Mariaan Webb

ASX-listed Loyal Lithium has announced a strategic expansion of its North American battery minerals and technology portfolio, aiming to capitalise on the energy emergency declared by US President... 


Spark to finance energy efficient lighting projects at 93 retail stores
6th February 2025 By: Schalk Burger

Climate and impact fund manager Camco subsidiary Spark Energy Services has signed an agreement with renewable energy and energy efficiency company GreenYellow South Africa to finance a portfolio of... 


Woodside CEO criticises lengthy project approvals in Australia
Woodside CEO criticises lengthy project approvals in Australia
6th February 2025 By: Mariaan Webb

Oil and gas major Woodside Energy CEO Meg O’Neill has called for reforms to Australia’s project approval processes, arguing that lengthy delays are undermining investment and the country’s global... 


Image of barrels marked
New ways of cooling data centres
6th February 2025

The global data centre industry is growing rapidly, driven by the increasing use of technologies such as 5G communications, AI, and crypto mining, which demands higher performance from processors... 


Image of Tru-Trac’s EXHD dynamic impact idler bed
Durable solution for conveyor belts
6th February 2025

A  solution designed to protect conveyor belts in mining and heavy aggregate operations aims to address a range of challenges, especially those encountered in loading zones, where falling materials... 


South Africa must leverage its critical minerals resources to drive growth – Mintek CEO
5th February 2025 By: Schalk Burger

Mining research council Mintek CEO Dr Molefi Motuku has emphasised the need to leverage South Africa’s critical minerals resources, estimated to be worth more than $2.5-trillion, to drive economic... 


MTN’s network investments enhance connectivity amid power challenges
5th February 2025 By: Natasha Odendaal

Telecommunications group MTN South Africa’s extensive investment in its network resilience programme and the strategic deployment of power solutions have improved connectivity, particularly across... 


Messe Frankfurt South Africa  MD Michael Dehn
Industry leaders share critical insights at Automechanika CEO networking event
5th February 2025 By: Sabrina Jardim

Prominent figures in the automotive industry met at the Southern African-German Chamber of Commerce and Industry, in Johannesburg, on January 31, for a combined Automechanika CEO lunch and... 


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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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