Page 24 - Mining Weekly News Today

Modi Mining is a 100% black South African-owned company founded and owned by mining engineer and entrepreneur Samuel Molefi and entrepreneur Christina Motlapele Molefi. The company was established with the sole objective of rendering differentiated contract mining services and to be a supplier of choice to the mining industry. (Also watch attached Creamer Media video.)

The executive team of Orion Minerals is re-evaluating the development schedule of the Prieska copper-zinc project to assess the potential for its fast-tracking. Also flagged is the opportunity to extract pillars left by historic mining.

West Wits Mining, the Australia-listed Witwatersrand gold reviver that is advancing fast on an initial A$9.5-million capital raise, is the beneficiary of an unexpected gold find that will result in income being generated considerably sooner than expected. From next month, West Wits Mining, headed by MD Jac van Heerden, will begin turning valuable vamping material to account that nobody knew was there. (Also watch attached Creamer Media video.)

Read the latest Oceanography headlines, all in one place, on NewsNow: the one-stop shop for news

This Tuesday, the formal launch of South Africa’s first green ammonia project takes place, having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Hydrogen and BuiltAfrica – together as Hive Hydrogen South Africa – as well as Linde plc, through its wholly owned South African subsidiary Afrox, have teamed up to establish this R75-billion green ammonia export plant in ...

Power utility Eskom should link its delayed Tubatse pumped storage scheme to the need for Hillside Aluminium to go green. This could be done, a close observer of the intensive electricity user sector of the South African economy contends, through Eskom doing an independent power producer (IPP) or public private partnership (PPP) transaction with Hillside aluminium, a critically important commercial partner to Eskom and its closest operational customer.

The acquisition of Merlin Diamond Mine by Lucapa Diamonds is expected to be the biggest commercial diamond mining operation in Australia with a targeted yield of 153,000 carats per year when it begins full-scale production in 2024.

Without an agreement on finance, debts and skilled labour, Eskom could break down beyond the point of no return, The state of the national electricity grid is reaching breaking point, that is the risk of a total power shut down caused by a systemic failure of generating capacity. Energy experts warn that urgent action is required to prevent such a shut down which could paralyse some of the biggest companies for several weeks. Unlike west Africa, most companies in South Africa havent installed ba...

Read the latest Mpumalanga headlines - updated 24/7/365. We link to the best sources from around the world. Get the latest on Mpumalanga and Mbombela ...

This comes just three days after one worker lost his life and four of his colleagues sustained injuries, whilst two of the four were left critical after a rockfall at the mine at Theunissen outside...