R/€ = 20.3538 Change: -0.0283
R/$ = 19.1240 Change: 0.0301
Au 2340.13 $/oz Change: -51.71
Pt 935.40 $/oz Change: -8.10


Xanadu engages Bacchus Capital as strategic, project funding adviser

By: Sabrina Jardim     19th April 2024 ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold project, in the South Gobi region of Mongolia. Xanadu is executing a prefeasibility study (PFS) at... 

Firm acquires German heat exchanger producer

19th April 2024 Multinational boiler manufacturer Nexson Group says its acquisition of German quality-plate heat exchanger manufacturer Thermowave GmBH as a stand-alone entity will strengthen and complement its portfolio, particularly Thermowave’s gasketed and semi-welded plate heat exchangers, which the group... 

Track busways more efficient than traditional systems

19th April 2024 Electrical and digital specialist Legrand avers that its track busway system is an efficient and flexible alternative to traditional power distribution systems that lack flexibility in adapting to changes. Legrand states that a reliable and flexible power distribution system is an essential... 

Metair reassures market amid huge debt, challenges at Türkiye battery business

By: Irma Venter     19th April 2024 Metair is still very much open for business and the group is able to accommodate new clients should they need automotive components or energy storage solutions, says new CEO Paul O’Flaherty. O’Flaherty, now two months into the job after former CEO Sjoerd Douwenga bowed out, owing to health... 

The transformative impact of automation on LV and MV switchgear

19th April 2024 The advent of automation in the electrical industry has revolutionised the functionality and efficiency of low voltage (LV) and medium voltage (MV) switchgear in secondary reticulation.  Automation has not only streamlined operations but also enhanced the safety and reliability of power... 

Jubilee achieves record third-quarter chrome output, while copper expansion advances

By: Marleny Arnoldi     18th April 2024 Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of the company’s 2024 financial year. Chrome output of 408 710 t in the quarter... 

Opinion: Moving from hype to reality – how green hydrogen’s role in the energy transition is evolving

12th April 2024 In this article, EY Africa strategy and transactions leader Quintin Hobbs writes about the growth in green hydrogen demand and the related growth in electrolyser demand. It is now clear that green hydrogen will play a pivotal role in the global energy transition, especially in hard-to-decarbonise... 

Standby gensets not viable option while loadshedding persists

By: Tracy Hancock     12th April 2024 Selecting a generator set with a standby power rating might have been sufficient ten to 15 years ago but is no longer a viable option to cope with the current severity of local power disruptions owing to South Africa’s energy crisis, says generator manufacturer WEG Africa senior gensets manager... 

Graphite mine on track to meet growing demand

By: Simone Liedtke     12th April 2024 In the rapidly evolving energy storage and electric vehicle (EV) landscape, the global demand for critical minerals, such as graphite, is escalating at an unprecedented rate, says Africa-focused energy minerals developer Walkabout Resources CEO and MD Andrew Cunningham. He points out that global... 

Cummins Power, an integral element of the power mix

12th April 2024 Cummins Generators serve as robust standalone power solutions and play an essential role in microgrid systems. A microgrid constitutes a local energy system capable of generating, potentially storing, and distributing energy to facilities within its network. Cummins’ solutions seamlessly... 

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