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Debmarine Namibia to invest $468m in its seventh diamond recovery vessel Debmarine Namibia to invest $468m in its seventh diamond recovery vessel
Published: 16 May 19
Debmarine Namibia, a joint venture between diamond miner De Beers and the Namibian government, has approved the construction of a new custom-built diamond recovery vessel, which will become the seventh such vessel in Debmarine’s fleet. The vessel, which will be built at a cost of $468-million, will start production in 2022 and is expected to add about 500 000 ct/y of production capacity to Debmarine Namibia’s output. This represents an increase of about 35% on current output levels.
Northern Dynasty’s Pebble reaches second native right-of-way agreement
Published: 16 May 19
The Pebble Limited Partnership (PLP) – a subsidiary of Northern Dynasty – has finalised a right-of-way agreement with Iliamna Natives, securing the right to use defined portions of its lands for the construction and operation of transportation infrastructure associated with the Pebble project. Iliamna Natives is an Alaska Native village corporation with extensive land holdings proximal to the Pebble site, in south-west Alaska and represents more than 150 native shareholders, many of whom live in the nearby village of Iliamna.
User experience lab could assist in product development, government programmes User experience lab could assist in product development, government programmes Has Video
Published: 16 May 19
Global consulting firm Nihilent officially launched its first user experience laboratory on the African continent last month. The facility, located in Bryanston, is the second of its kind globally and was inaugurated by Public Enterprises Minister Pravin Gordhan. Nadine James has the story.
Northam Platinum plans to buy back preference shares
Published: 15 May 19
Northam Platinum plans to buy back about 15-million preference shares out of 159-million currently in issue in the financial year ending June 2020, its chief executive said on Wednesday. The miner, one of the top platinum producers globally, wants to reward shareholders following a boost to profits from higher metals prices.
Codelco strikes labour deal with supervisors at Salvador mine
Published: 15 May 19
State miner Codelco, the world's top copper producer, said on Wednesday that it had agreed on a new labour contract with the union of supervisors at its small Salvador mine in northern Chile. The union and company had entered into a government mediated negotiation earlier this month after supervisors rejected the company's previous offer and alleged that Codelco was putting undue pressure on its workers to accept the deal.
Trump administration opens up Minnesota wilderness area to copper mining Trump administration opens up Minnesota wilderness area to copper mining
Published: 15 May 19
The US Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, a key step in opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups. The department's Bureau of Land Management granted the hardrock mineral leases inside the Superior National Forest to Twin Metals Minnesota, a subsidiary of Chile's Antofagasta, with the aim of expanding domestic mining of "critical minerals" used in common appliances and products, saying it is beneficial to national security because it reduces foreign imports.
Mozambique power utility begins the long process of recovery following cyclones
Published: 15 May 19
Mozambique’s energy sector is trying to get back on track following the devastation wreaked on its power system by Cyclone Idai in March and cyclone Kenneth in April.   Electricity Company of Mozambique chairperson and CEO Aly Impija told delegates attending the African Utility Week, in Cape Town, on Wednesday, that the cyclones wiped out 103 km of transmission lines and caused the loss of 45 MW of generation from its Mavuzi and Chicamba hydropower plants.
Ivanhoe receives additional C$679m investment
Published: 15 May 19
Co-chairpersons of TSX-listed Ivanhoe Mines, Robert Friedland and Yufeng Sun, on Wednesday announced that Citic Metal, through a subsidiary, is investing an additional C$612-million in Ivanhoe at C$3.98 a share. Zijin Mining Group has now also fully exercised its antidilution rights, also at C$3.98 a share, thereby generating additional proceeds for Ivanhoe Mines of C$67-million.
Positive reaction to Radebe’s lifting of licence restraints on small-scale power plants Positive reaction to Radebe’s lifting of licence restraints on small-scale power plants
Published: 15 May 19
Industry has reacted positively to revelations that Energy Minister Jeff Radebe has written to the National Energy Regulator of South Africa (Nersa) indicating that it should begin to license small-scale embedded generation (SSEG) projects with capacities of above 1 MW. Business Day reported on Wednesday that Radebe had written a letter to Nersa informing the regulator that it can consider granting licences to SSEG projects, with a combined capacity of 500 MW, without the developer having to seek permission from the Minister for a deviation from the Integrated Resource Plan (IRP).
Sanedi launches two solar heating system projects Sanedi launches two solar heating system projects
Published: 15 May 19
South African National Energy Development Institute (Sanedi) on Wednesday launched the first solar district heating system in South Africa at the University of the Witwatersrand’s (Wits’) Junction Campus, as well as the largest solar process heat system in sub-Saharan Africa at the Klein Karoo International (KKI) tannery.   These two Southern African Solar Thermal Training and Demonstration Initiative (Soltrain) projects, funded in part by the Austrian Development Corporation, will save the two buildings millions of rands in energy costs.
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