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The Geobrugg management team cut the ribbon at the newly inaugurated manufacturing facility in Lanseria

Geobrugg inaugurates new steel wire mesh manufacturing facility

Published: 04 Jul 24

Steel wire net manufacturer Geobrugg Africa has inaugurated its first high-tensile steel production facility in Africa in Lanseria, Gauteng. The facility boasts a new TECCO manufacturing machine to manufacture high-tensile steel wire mesh. A second TECCO machine will be added in the third quarter of this year.

Coega secures approval for first-ever public sector limited recourse capital transaction

Published: 04 Jul 24

In support of special economic zone (SEZ) operator Coega Development Corporation’s ambitious renewable energy programme, the National Treasury has approved a limited recourse capital transaction – a first for the public sector. The transaction will finance the Coega solar rooftop programme, which forms part of a larger renewable energy pipeline for the organisation.

Honeymoon startup progressing to plan, reports Boss Energy

Published: 04 Jul 24

The commissioning and ramp-up of the Honeymoon uranium mine in South Australia is progressing to plan, with the mine having produced 57 364 lb of uranium oxide (U3O8) by the end of last month. Boss is set to make its first delivery to European nuclear utilities under its existing sales contracts, with revenue to be received in the current quarter.

Westgold achieves top end of revised FY24 guidance

Published: 04 Jul 24

Western Australia-focused Westgold has achieved the top-end of its 2024 production guidance, with 227 237 oz of gold produced during the year ended June 30. The ASX-listed company’s guidance was to produce between 220 000 oz and 230 000 oz in the 12 months.

Katoro appoints Cullen interim CEO

Published: 04 Jul 24

Aim-listed Katoro Gold has appointed Patrick Cullen as interim CEO, to guide development of the Haneti nickel and gold project, in Tanzania. He succeeds Louis Coetzee who stepped down from the position. Coetzee will continue advising the company on an external consultant basis.

Panellists discuss state of Africa’s aviation infrastructure, economic regulations

Published: 04 Jul 24

With global air traffic expected to double over the next 20 years, African countries need to ensure the required infrastructure is established to meet the needs for cargo and passenger flights. With this in mind, a panel discussion on the second day of this year’s International Air Transport Association (IATA) Wings of Change Focus Africa conference focused on the status of Africa’s aviation infrastructure and economic regulations.

Platinum-enabled hydrogen fuel cell electric heavy duty vehicles active at Los Angeles port.

Pace of platinum-enabled green hydrogen adoption building up steadily worldwide

Published: 04 Jul 24

The pace of platinum group metals- (PGM-) enabled green hydrogen generation and clean PGM-catalysed fuel cell electricity adoption is building up steadily worldwide. In a global online communication conducted by Mission Hydrogen and covered by Mining Weekly, Japan’s Toyota this week strongly re-emphasised the forward momentum of big and small hydrogen fuel cell electric mobility.

Minister in the Presidency Khumbudzo Ntshavheni

Ramaphosa to issue Gazette notice to clarify Presidency’s role in coordination of SOEs

Published: 04 Jul 24

Minister in the Presidency Khumbudzo Ntshavheni has reaffirmed that the coordination of State-owned enterprises (SOEs) previously falling under the Department of Public Enterprises (DPE), which is to be closed, will be located in the Presidency during the process of implementing a new shareholder model. However, the precise roles and responsibilities that her fellow Minister in the Presidency Responsible for Planning, Monitoring and Evaluation, Maropene Ramokgopa, will have were still to be clarified in what she described as a “Presidential proclamation”, to be published in a future Government Gazette.

Minerals Council welcomes small input cost decrease for the mining sector in May

Published: 04 Jul 24

Industry body the Minerals Council South Africa says mining input costs rose by 6.6% year-on-year in May, marking a 0.6 percentage point decrease compared with April. The decrease is a positive development, with May’s figure also having been below the first-quarter input cost increase of 6.9% year-on-year.

BHP cuts employee incentives after missing its performance goals, AFR reports

Published: 04 Jul 24

BHP has notified tens of thousands of its workers across the globe that it was cutting their incentive pay after the miner failed to meet its performance goals, the Australian Financial Review reported on Thursday. The world's largest listed miner will only pay 80% of short-term incentives that were on offer in 2023-24, the AFR reported, citing BHP's employees.