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Press Office - WEG Africa

President Cyril Ramaphosa
Business cautiously optimistic on SoNA commitments, but execution will be critical
7th February 2025 By: Darren Parker

President Cyril Ramaphosa’s State of the Nation Address (SoNA), delivered on February 6, has been met with cautious optimism. The Bureau of Economic Research (BER) commended the SoNA’s focus on the... 


Image of iron-ore bucket loader
Zanaga iron-ore project, Congo-Brazzaville – update
7th February 2025 By: Sheila Barradas

Zanaga Iron Ore Company has announced that, together with its 100%-owned subsidiary MPD Congo, it has signed a memorandum of understanding with Centrale Électrique du Congo (CEC) SA to evaluate... 


BMI expects lower metal prices this year
BMI expects lower metal prices this year
7th February 2025 By: Sabrina Jardim

Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury... 


Volkswagen Polo Vivo Edition 15, Tayron, Golf 8 and T-Cross
Volkswagen Group Africa announces new models for the year, update on SUV production
7th February 2025 By: Marleny Arnoldi

Automaker Volkswagen Group Africa has announced new models to be introduced to the market this year, including a special edition Polo Vivo for its fifteenth anniversary, a new T-Cross, the Golf 8,... 


South African flag
Flags will fly at half-mast for fallen S African soldiers in DRC
7th February 2025 By: Creamer Media Reporter

Spokesperson to the President Vincent Magwenya on Friday reiterated Cyril Ramaphosa’s directive made during the State of the Nation Address that the national flag be flown at half-mast at all flag... 


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... 


Data Centre Transformation Paves the Way for AI’s Rise in Africa
Data Centre Transformation Paves the Way for AI’s Rise in Africa
7th February 2025

By: Wojtek Piorko - MD for Africa at Vertiv Africa is on the threshold of a technological revolution, with artificial intelligence (AI) and generative AI (GenAI) reshaping global industries and... 


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... 


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... 


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,... 


The above image depicts a BMG technician testing a VSD drive
VSD workshop boosts support, expertise in Western Cape
7th February 2025 By: Lynne Davies

Given the criticality of variable-speed drives (VSD) in systems, it is non-negotiable that there are aftersales services, backup support, warranty centres and repair services. This led to the... 


First of two tunnel-boring machines deployed on Polihali water-transfer tunnel
7th February 2025 By: Natasha Odendaal

Tunnel boring by a tunnel boring machine (TBM) has started in the highlands of Lesotho, marking the first time this has occurred since tunnel construction under Phase 1 of the Lesotho Highlands... 


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... 


Image of gold nuggets
Kiniero gold project, Guinea – update
7th February 2025 By: Sheila Barradas

The updated feasibility study is on track for the first quarter of 2025. 


Image of manganese ore from the K. Hill project
K.Hill battery-grade manganese project, Botswana – update
7th February 2025 By: Sheila Barradas

Giyani Metals has started with advanced commissioning at its demonstration plant in Johannesburg. 


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 nuclear power plant
Kozloduy nuclear power plant, Bulgaria
7th February 2025 By: Sheila Barradas

Kozloduy NPP New Builds EAD is building Bulgaria's first nuclear power plant. 


Location map of the Omitiomire project
Omitiomire copper project, Namibia
7th February 2025 By: Sheila Barradas

Omico Mining Corp has submitted the relevant assessments, as part of the Environmental Clearance Certificate Application, to build and operate the mine.  


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.... 


Cape Town’s V&A Waterfront hopes to break ground on R20bn project later this year
7th February 2025 By: Irma Venter

The V&A Waterfront hopes to break ground later this year on a proposed R20-billion development to be rolled out in phases over the next 15 to 20 years. The new development and its funding have... 


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... 


Image of gold nuggets
Pan mine, US
7th February 2025 By: Sheila Barradas

A gold mine in Northern Pancake Range in White Pine County, Nevada, in the US. 


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 drill core from the Tulu Kapi project
Tulu Kapi gold project, Ethiopia – update
7th February 2025 By: Sheila Barradas

London-listed Kefi Gold and Copper has received sufficient expressions of interest in the EthioBonds, in alignment with an updated finance plan for the project. 


Image of Prieska Copper Zinc Mine underground
Prieska Copper Zinc Mine, South Africa – update
7th February 2025 By: Sheila Barradas

The definitive feasibility study is being independently reviewed by an independent technical expert. 


President Cyril Ramaphosa
South Africa will deepen reforms to try to lift growth above 3%, president says
6th February 2025 By: Reuters

South African President Cyril Ramaphosa said on Thursday that his government would launch another phase of reforms to try to lift economic growth above 3%. "We want a nation with a thriving... 


AMSA postpones longs wind down by month amid intense rescue talks with government
AMSA postpones longs wind down by month amid intense rescue talks with government
6th February 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as... 


Coal is regarded as a critical mineral in SA
Coal, uranium both critical minerals in SA – Mantashe
6th February 2025 By: Irma Venter

South Africa’s definition of critical minerals is not limited to those minerals used in the green economy and includes coal and uranium, says Mineral and Petroleum Resources Minister Gwede... 


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... 


Southern Palladium executive chairperson Roger Baxter
International investors showing interest in South African PGMs
6th February 2025 By: Rebecca Campbell

Southern Palladium executive chairperson Roger Baxter has reported that interest in investing in South African mining projects is re-emerging on North American bourses. He was talking to... 


Amplats CEO Craig Miller
Amplats warns of up to 46% decline in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed platinum group metals (PGM) producer Anglo American Platinum (Amplats) has warned that its headline earnings and headline earnings per share (HEPS) for the 12 months ended December 31... 


Jubilee CEO Leon Coetzer.
Jubilee progressing plans to accelerate copper production in Zambia
6th February 2025 By: Sabrina Jardim

London- and Johannesburg-listed Jubilee Metals has reported progress on restarting its Roan operations, in Zambia, following stable power delivery, as well as the processing of new higher-grade... 


Top Cala Achievers celebrated at Engen Maths and Science Awards
Top Cala Achievers celebrated at Engen Maths and Science Awards
6th February 2025

The Engen Maths and Science Schools 2024 matric class in Cala achieved flying colours. Engen celebrated the effort and sacrifice of the top learners from grades 10 -12 at Khanyisa Special School in... 


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... 


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 a DFSK K01S bakkie
Latest utility vehicle enters the market
6th February 2025

A new compact utility vehicle designed to meet the needs of a range of industries, including construction, logistics, and trades such as electrical and solar companies, has been launched. The DFSK... 


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... 


BMG Sales Manager: Projects Kevin Sterley talks to Mining Weekly at Investing in African Mining Indaba 2025.
BMG is a one-stop-shop for all essential engineering components
5th February 2025

Industrial equipment supplier BMG is a complete process solutions provider to all sectors of industry, meaning customers can access all essential quality branded engineering components, technical... 


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... 


Menar MD Vuslat Bayoglu
Return of ferromanganese is this year’s focus, Menar emphasises at Mining Indaba
5th February 2025 By: Martin Creamer

Helping South Africa to return to being a producer of ferromanganese will be a major 2025 focus of mining company Menar, its MD Vuslat Bayoglu emphasised on Wednesday. In an interview on day-three... 


John Steenhuisen
Steenhuisen says ANC in GNU must embrace economic reform, DA plans court action over Expropriation Act
5th February 2025 By: Thabi Shomolekae

The Democratic Alliance stated on Wednesday that while its Ministers are delivering growth and jobs in their respective portfolios, it continues to push the African National Congress to urgently... 


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Interview at Investing in African Mining Indaba 2025 featuring Airbus MD Nam-Binh Hoang
Airbus products enable a modern, connected life
5th February 2025

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