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West Red Lake hits high grades at new Madsen zone

Published: 22 May 24

TSX-V-listed West Red Lake Gold Mines has intersected high-grade mineralisation at its Madsen mine, in Ontario, with results as high as 37.33 g/t gold over 2.79 m and 5.26 g/t over 9 m at the North Austin zone. The latest round of drill results from Madsen were all drilled from underground on the North Austin zone, which represents a new area of high-grade mineralisation extending the current Madsen resource to the north-east.

Daimler Truck Southern Africa's Mercedes-Benz eActros electric heavy commercial truck

Daimler Truck Southern Africa launches electric heavy-duty truck range

Published: 22 May 24

Original-equipment manufacturer (OEM) Daimler Truck Southern Africa (DTSA) has launched a line of electric heavy-duty trucks, called eActros, as part of its Power Up electric mobility offering. The fully battery-electric truck range includes the Mercedes-Benz eActros 300, comprising 4 x 2 and 6 x 2 wheelbase configurations, the Mercedes-Benz eActros 400 in a 6 x 2 wheelbase configuration, as well as a truck tractor variant.

Westwell to retire as Sasol chairperson

Published: 22 May 24

Stephen Westwell will, on June 1, retire as nonexectutive director and chairperson of chemicals and energy group Sasol, after having served on the board for 12 years. Lead independent director Muriel Dube will take up the position of acting chairperson until a full-time successor is appointed.

BDO South Africa partner Nato Oosthuizen

Opinion: Let’s talk about the well-lit elephant in the room

Published: 22 May 24

In this article, BDO South Africa partner and renewable energy expert Nato Oosthuzen writes shares his insight on where the country is at with loadshedding and the reasons why he is cautiously optimistic about the potential for a brighter future for South Africa.

BHP-Anglo prospects flag more M&A ahead for miners

Published: 22 May 24

BHP's bid for Anglo American underlines the growing appetite for energy transition metals like copper from miners who must become more aggressive to secure new projects or risk missing out, investors and mining CEOs said on Wednesday. The bid by the world's biggest listed miner for Anglo is expected to whet appetite for more deals in the sector whether it goes ahead or not, they said.

City of Cape Town Mayoral Committee Member for Economic Growth Alderman James Vos

Cape Town is leading the country’s green energy transition, affirms city Alderman

Published: 22 May 24

Cape Town is really taking the lead in the green energy transition, affirmed the city’s Economic Growth MMC, Alderman James Vos, on Tuesday. He was opening Western Cape trade, tourism and investment promotion agency Wesgro’s Green Hub pavilion at the Enlit Africa 2024 exhibition, in the Cape Town International Convention Centre. He highlighted that the city had a R4-billion budget, over the next three years, to upgrade and maintain its electricity grid, to enable the green energy transition. One of the priorities of this programme was to ensure grid stability, for, without grid stability, green electricity was going to go nowhere.

South Africa refiles work-permit changes to create nomad visa

Published: 22 May 24

South Africa’s Department of Home Affairs refiled long-awaited changes to its work-permit regime to allow for the creation of a so-called nomad visa for remote workers. The May 20 gazetting of the changes, which had last month been withdrawn after the department failed to observe a mandatory period for public comment, means that the changes are now law.

Resources Watch

Published: 22 May 24

This week: PGM-boosted green hydrogen backed by resolute South African govt's commitment; State mining training authority backing green hydrogen skills centre creation, and, Nedbank says green energy presenting South Africa with massive reindustrialisation chance

Air Products to play pivotal role in hydrogen mobility ecosystem

Published: 22 May 24

Industrial and specialty gas manufacturer and supplier Air Products South Africa is aiming to play a pivotal role in establishing a sustainable and thriving hydrogen mobility ecosystem in the country.

Anglo CEO Duncan Wanblad and BHP CEO Mike Henry

Clock runs down on BHP’s $43bn bid for Anglo American

Published: 22 May 24

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin off two units and then buy the remainder of Anglo would create a global copper behemoth, heralding the industry’s return to mega—deals after more than a decade. Anglo has already rejected two non-binding offers from BHP — the last worth $43-billion — and unveiled its own plans for a radical restructuring.