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Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs and to stimulate economic growth. Projects worth R30-billion would be able to proceed if the 4 000-plus mining and prospecting rights backlog could be eliminated, and R60-billion worth of renewable energy projects could release 3 900 MW into the energy space if inhibiting bureaucracy were removed, Minerals Council South Africa has revealed in response to President Cyril Ramaphosa’s Sta...

Demand already foreseen is providing South Africa with the far-reaching and very welcome opportunity to create sufficient new jobs – “and then some” – to ensure a just energy transition away from the country’s current climate-threatening carbon intensity, Mining Weekly can report. South Africa’s R100-billion-plus renewables industry has already been able to recruit highly skilled people from all sectors of South Africa, including from the coal sector, and the transition is providing South Africa a nice-to-have entry into a once-in-a-generation opportunity.

Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks, Webber Wentzel partner Merlita Kennedy and associate Tobia Serongoane stated on Tuesday. In a release to Mining Weekly, the law firm outlined how climate change, economic inequality, and numerous other issues fundamental to the success and sustainability of companies, are placing greater responsibility on boards of directors in the mining and energy space.

An organisation which is providing un-electrified informal settlements with clean, green solar power in the Western Cape – in Ubuntu-hearted fashion – has begun to investigate just energy transition opportunities in Mpumalanga, where South Africa’s coal-mining and coal-fired power is facing eventual phase-out. The organisation, GreenCape, assists businesses, academia and government to overcome investment and job creation challenges in the green economy space, along with its Alternate Service Delivery Unit (ASDU).

In terms of high-level outcomes, the vision of South Africa’s Hydrogen Society Roadmap is to create an inclusive, sustainable and competitive hydrogen economy to support net-zero carbon economic growth and societal well-being, Department of Science and Innovation (DSI) chief director hydrogen and energy Dr Rebecca Maserumule said on Wednesday. In an address to the North West Provincial Mining and Energy Investment Conference, Maserumule outlined the roles being played by several government departments and direct engagement with close to 50 organisations on the subject of the Hydrogen Soc...