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Images of the Eiffel Tower taken by Airbus Defence and Space's Pléiades Neo satellites Airbus announces its next generation of Earth observation satellites
Published: 29 Apr 24
Airbus Defence and Space, part of the Europe-based global major aerospace group Airbus, has announced that it is to augment its in-house Earth observation (EO) satellite constellation capability through the development and deployment of the next generation of its Pléiades Neo satellites. Prosaically designated Pléiades Neo Next, the first of the new satellites will be launched in the “next few years”, in Airbus’ words. “The Pléiades Neo Next programme builds on the success of our existing Pléiades Neo constellation which serves government and commercial customers around the world,” affirmed Airbus Defence and Space Executive VP Connected Intelligence Karen Florschütz. “This new programme will further enhance our standard of excellence in terms of quality, performance, and reliability to deliver images as well as geo-intelligence services and applications.”
Rand Refinery donates R2m to seven Gauteng schools
Published: 29 Apr 24
As part of its commitment to education, precious metals refiner Rand Refinery has donated R2-million to seven primary and secondary schools in Gauteng. The company says this donation will be allocated towards refurbishments at and the procurement of modern educational tools by the selected schools.
Red Rock to undertake work programmes at Burkina Faso project
Published: 29 Apr 24
Aim-listed Red Rock Resources’ Bilbale gold project, in Burkina Faso, holds “significant potential”, consultant Dr Willem J Smuts has noted in a report. Smuts recently undertook a site visit to the project and carried out several days of evaluation work to identify potential high-grade targets, as well as assess the amenability of the area to support scalable operations and quick-start operations.
Ongoing Douta exploration efforts Thor reports lower revenue, profits for 2023
Published: 29 Apr 24
Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023. Thor operates the Segilola gold mine, in Nigeria, and also holds several mineral exploration properties in Nigeria, Senegal and Burkina Faso.
BHP tells investors Anglo bid is 'on strategy', stresses discipline BHP tells investors Anglo bid is 'on strategy', stresses discipline
Published: 29 Apr 24
BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's biggest listed mining group is weighing up its next move after its initial takeover proposal for its smaller competitor was rejected by Anglo last week.
Indonesian miner eyes nickel assets as it shifts focus from coal
Published: 29 Apr 24
Indonesian coal company PT Harum Energy is looking to buy more nickel mines as it ceases further investment in fossil fuels in order to prepare for the energy transition. The miner plans to avoid further spending in its coal operations beyond the level required to sustain current output, president director Ray Antonio Gunara said in an interview on Friday.
Astral Foods broiler house Astral to post 465% rise in earnings as operations normalise
Published: 29 Apr 24
Integrated poultry producer Astral Foods has advised that its earnings per share (EPS) for the six months ended March 31 will increase by between 465% and 475% year-on-year. This will result in interim EPS of between 913c and 930c apiece, compared with EPS of 162c in the first half of the prior financial year.
An image showing the Sabodala-Massawa BIOX Expansion project, in Senegal Endeavour achieves first gold pour at Senegal project expansion
Published: 29 Apr 24
Senior gold producer Endeavour Mining announces that first gold pour at the Sabodala-Massawa BIOX Expansion project, in Senegal, took place on April 18, marking the successful delivery of the BIOX Expansion project on schedule and on budget, with no lost-time injuries. Endeavour points out that the first gold pour at the Sabodala-Massawa BIOX Expansion was achieved only 24 months after construction started, transforming the Sabodala-Massawa Complex into a tier-one mine.
Eskom warns political parties against placing posters on electrical structures Eskom warns political parties against placing posters on electrical structures
Published: 29 Apr 24
Ahead of the upcoming May 29 elections, State-owned power utility Eskom has cautioned all political parties against the “dangerous practice” of placing election posters on electrical structures. The utility said in the past there had been incidents of electrocution whilst posters were being put up, which it said contravened the Occupational Health and Safety Act.
Mineral Resources and Energy Minister Gwede Mantashe Draft Gas Master Plan released amid supply ‘cliff’ warnings Has PDF
Published: 29 Apr 24
South Africa’s much-delayed draft Gas Master Plan (GMP2024) has been released for public comment by Mineral Resources and Energy Minister Gwede Mantashe, amid indications that the gap between demand and supply will grow steeply from 2026 onwards when Sasol ceases to supply Gauteng and KwaZulu-Natal industrial customers with gas imported from Mozambique. The document includes four scenarios, including a base case that shows that gas demand will far exceed supply in the short term and that the gap, which has been described as an anticipated ‘gas cliff’, will worsen as demand grows.
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