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Schneider Electric Foundation turns 25 and launches the ‘25 Years Young’ campaign in Anglophone Africa

Updated 4 hours ago ‘25 Years Young’ celebrates the 25th anniversary of the foundation A global call for contributions will award impactful and innovative youth projects  To mark the 25th anniversary of its foundation, Schneider Electric, the leader in the digital transformation of energy management and automation,... 

Base Resources, Energy Fuels to merge, create enhanced critical minerals company

By: Tasneem Bulbulia     Updated 5 hours ago ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base Resources by way of scheme of arrangement. Base shareholders are to receive 0.0260 Energy Fuels common... 

QPM shifts focus to gas and energy, curtails TECH spending

By: Creamer Media Reporter      22nd April 2024 Mining and energy group Queensland Pacific Metals (QPM) has unveiled a strategic overhaul aimed at accelerating growth and advancement of its gas and energy assets. The ASX-listed company has chosen to priorities the expansion and enrichment of its Moranbah gas project, in the Bowen Basin. 

Mayur secures $155m for PNG lime project

By: Mariaan Webb     22nd April 2024 Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in the Australasian region. The financing, totaling $155-million, has been secured through a combination... 

Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM

By: Marleny Arnoldi     19th April 2024 Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the part of producers, investors, governments and other financing sources. “There are high costs to making... 

NTCSA begins consultations on market code to govern shift towards competitive electricity industry 

By: Terence Creamer     19th April 2024 With the National Transmission Company South Africa (NTCSA) currently scheduled to be operationalised in July and efforts under way to ensure that the Electricity Regulation Act (ERA) Amendment Bill is passed by the current Parliament, work is now advancing on the market code for the future... 

Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges

By: Marleny Arnoldi     19th April 2024 The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa... 

Decarbonised iron production possible using sodium, company says

By: Darren Parker     19th April 2024 A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The... 

US restricts drilling and mining in Alaska wilderness, angering state leaders

By: Reuters     19th April 2024 The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on foreign resources. The measures are aligned with President Joe Biden's efforts to rein in oil and gas... 

Kenyan plant to be enhanced

19th April 2024 Japan-based energy and power generation company Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced last month that it had received an order from SEPCOIII Electric Power Construction Company for steam turbines and generators for the geothermal power plant equipment renovation... 

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