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South Deep wind power decision drawing closer, Q2 update likely on backfill problem
 Published: 08 May 24
Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year. The project is currently undergoing scoping and feasibility and one of the key pieces of work has been around its environmental impact in general and its effect on a bat colony that exists in the nearby area in particular, Gold Fields CEO Mike Fraser said in response to Mining Weekly at this week’s first-quarter results and environmental, social and governance (ESG) presentation. (Also watch attached Creamer Media video.)
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wind power Gold Fields South Deep Mike Fraser
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Personality affects susceptibility of people to cybercrime
Published: 08 May 24
Personality type is a major factor in people’s vulnerability to cybercrime, a Stellenbosch University (SU) researcher has established. People with an “agreeable” personality were more vulnerable than others to “social engineering” cyberattacks. The research was carried out by systems analyst Vian Smit, who recently graduated with a Master's in Socio-Informatics from SU. Smit surveyed nearly 700 people for his research. They were divided into five “personality types” – conscientious, extravert, agreeable, open, and neurotic. (These categorisations were those used in cybersecurity.) His survey addressed the likeliness of the people in these categories responding to social engineering attacks (in which cybercriminals try and trick people into revealing private information or passwords or into clicking on harmful links).
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High Court dismisses embattled Tongaat’s appeal on levies owed to industry
Published: 08 May 24
After not paying levies owed to the South African Sugar Association (Sasa) since October 2022, sugar producer Tongaat Hulett has again been ordered by the Durban High Court to pay the outstanding levies.
The levies are essential to the economic survival of many sugarcane farmers and the thousands of livelihoods they support, says industry body SA Canegrowers, which welcomes the High Court judgment.
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JSE undertaking measures to mitigate de-listing, shrinkage
Published: 08 May 24
The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News prior to the meeting, consultancy and research provider AmaranthCX director Paul Miller posited that the entire public market ecosystem was “withering” and that the JSE’s communication did not reflect the extent of this problem.
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South Africa to provide new coal-plant closure timeline to secure secure $2.6bn
Published: 08 May 24
South Africa will provide a new timeline for the shutdown of coal-fired power plants in a bid to secure about $2.5-billion in climate finance, an agency in President Cyril Ramaphosa’s office said. The timetable to be proposed to the Climate Investment Funds in June aims to ensure the country remains on track to obtain funding under the so-called Just Energy Transition Partnership — a $9.3-billion pact with some of the world’s richest nations. Under the agreement, first announced in 2021, South Africa will receive the assistance on condition it cuts its dependence on coal, which accounts for four-fifths of the nation’s electricity output. Early last year, South Africa told its partners in the pact it planned to delay the planned shutdown of coal-fired plants — 14 of which are operated by state utility Eskom — to address record electricity outages. The authorities didn’t set new closure dates. “What we are presenting to the CIF is an adjustment to the decommissioning plan linked to an emissions target that we have to achieve,” said Neil Cole, a finance manager at the Project Management Unit, which is overseeing the JETP for South Africa, within the presidency.
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Indonesia says nickel reserves enough for expansion, despite moratorium call
Published: 08 May 24
Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new smelters to ease a global glut.
Indonesia banned exports of nickel ore in 2020 to encourage domestic value addition, resulting in massive investment to produce nickel pig iron (NPI) and material for electric vehicle batteries.
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Cape Town adds new tech layer in fight against crime – Eye-in-the-Sky
Published: 08 May 24
Very early on in his term, Cape Town Mayor Geordin Hill-Lewis was told by law enforcement agencies that there could never be enough boots on the ground to fully combat violent crime and the drug trade in the city. What these agencies needed was for the local authority “to go all in” on technology, adding a new layer every time it becomes more widely available and increasingly affordable.
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Khan project exceeding Madison CEO’s expectations
Published: 08 May 24
Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium province of Namibia, have exceeded expectations. “We are on the cusp of something remarkable,” he said on May 7, following a recent visit to the site.
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Telecommunications to play a critical role in upcoming elections
Published: 08 May 24
As South Africa approaches its 2024 national elections, scheduled for May 29, telecommunications infrastructure will play a key role in ensuring seamless communication among voters, electoral bodies and all stakeholders involved in the electoral process, the Communication Risk Information Centre (COMRiC) said on Wednesday. “As we approach the elections, the need for secure and reliable communication channels cannot be overstated. These systems are the backbone of electoral transparency and efficacy,” said COMRiC CEO Advocate Thokozani Mvelase, stressing the importance of robust telecommunications security to facilitate a successful electoral process.
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According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike...
