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Coal miner Exxaro has advanced considerably on progressing the generation of renewables to supply electricity to its own mining operations, newly appointed Exxaro MD for Energy Leon Groenewald said in response to Mining Weekly during Thursday’s media conference at which the JSE-listed coal, energy and ferrous markets company Exxaro reported record earnings before tax interest depreciation and amortisation (Ebitda) of R19 002-million in the 12 months to December 31. Groenewald said financial close on the large-scale solar facility at Lephalale, which is being reported in alternating ...

What South Africa’s base metals mining aspirant Orion Minerals has been trying to do over the last two years is to drive a very typical historic project financing arrangement for junior mining. This very typical historic project financing model involves getting banks in for between 60% and 70% of the project finance and equity in for 30% to 40% and then you build a mine.

Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among the ardent messages put over by mining sector performance enhancer Dilley Naidoo, the the director of Business Development at Rifle-Shot Performance Holdings, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.)

South Africa's energy and logistics threats should be turned into turned into opportunities, says African Rainbow Minerals (ARM) CEO Mike Schmidt. Speaking to Mining Weekly in a Zoom interview following ARM’s presentation for 40% higher headline earnings at R5 171-million, Schmidt urged the country to never let a crisis go to waste. (Also watch  attached Creamer Media video.)

The three-phase renewable energy rollout of Harmony Gold is not only driving decarbonisation but the reduction in electricity costs has the potential also to extend the mine life through a triple-win outcome. On the productivity front, strides are being made under the S300 business improvement platform, which involves each of the company’s conventional underground crews safely producing 300 square meters or material per crew per month. (Also watch attached Creamer Media video.)