News

Government has granted Bannerman Energy, the developers of the Etango uranium project, a mining licence.   The company has also awarded initial contracts for the mine’s early works program for the building of the temporary construction water supply and the site access road.   According to the company, the temporary …

The launch at COP28 of the landmark Oil and Gas Decarbonization Charter (OGDC), a global industry Charter dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors, firmly put the spotlight on the millions of tons of methane (CH4) pumped into the atmosphere during …

Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

State-owned utility Namibia Power Corp. (NamPower) has launched a tender inviting consultants to provide services for a range of renewable energy projects in the southwestern African country. The projects span PV, wind and BESS, and sit under the banner of the Namibia Renewable Energy Scale-Up Support Project, according to tender documents. …

China’s massive metals industry can only maintain its size using imported minerals, frequently from limited suppliers. As part of its Belt and Road Initiative, the country has actively invested in mining assets in Africa and Latin America and is beginning to engage in overseas refining and downstream facilities. Many countries …

The International Monetary Fund’s latest  consultation report indicates that the local economy’s GDP growth reached 4.6 percent in 2022 on the back of sustained mining growth and recovery in tourism. This year, the growth is estimated at 3.2 percent, as economic activity is assessed to have now surpassed the pre-pandemic …

Considering the theme of the Investing in African Mining Indaba 2024– Embracing the power of positive disruption: A bold new future for African mining –the term ‘disruption’ has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today. “Perhaps …

New European Union (EU) carbon border tax could significantly constrain Africa’s trade and industrialization progress, the Africa Development Bank (AfDB) has warned.   AfDB President, Dr Akinwumi Adesina said the carbon tax will penalise value-added exports including steel, cement, iron, aluminium and fertilizers.   “With Africa’s energy deficit and reliance mainly on …

Africa Energy Indaba has announced the theme for its the upcoming 2024 edition of the Indaba exhibition. The energy event will be held under the theme of – ‘Empower, Energise, Excel: Africa’s Premier Energy Exhibition.’ Slated for the 5th to the 7th of  March 2024 at the Cape Town International …