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#MI24: SA can be top nuclear technology exporter
<p><img src="https://biz-file.com/c/2402/726702-208x117.jpg?5" width="208" height="117" alt="Mining Indaba 2024 had a focus on energy and less on mineral extraction." align="left"><br><span >Mining Indaba 2024 had a focus on energy and less on mineral extraction.&lt;/span><p>Speaking at the Mining Indaba in Cape Town, Dr Kelvin Kemm, chairman of Stratek Global, announced that South Africa has the potential to become an exporter of nuclear reactors. The country was an early pioneer in developing a commercial small modular reactor (SMR), and it is now a world leader in SMR development, ready to construct the prototype immediately. This initiative is entirely privately funded.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/sa-can-be-top-nuclear-technology-exporter-901174a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=705&ct=1&ci=245844">Send to a friend</a></p><div style="clear:left"></div>
#MI24: Sibanye-Stillwater CEO says now is the time to invest in PGM
<p><img src="https://biz-file.com/c/2402/726592-208x117.jpg?6" width="208" height="117" alt="Neal Froneman spoke to Bizcommunity at the Webber Wentzel 'Reimagining Mining' panel discussion." align="left"><br><span >Neal Froneman spoke to Bizcommunity at the Webber Wentzel 'Reimagining Mining' panel discussion.&lt;/span><p>&#x201c;I think we&#x2019;ve become overly negative about the decrease in the basket price. Once you understand that the decrease is being caused predominantly by destocking, and the stocking took place when Russia invaded Ukraine and the market thought that there would be supply shortages,&#x201d; Sibanye-Stillwater CEO Neal Froneman tells <i>Bizcommunity</i> at a Webber Wentzel event on the sidelines of Mining Indaba. Froneman has lead the company to become the biggest platinum group metals (PGM) producer in the world and is at the frontlines of the current market decline.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/sibanye-stillwater-ceo-says-now-is-the-time-to-invest-in-pgm-123316a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=355&ct=1&ci=245818">Send to a friend</a></p><div style="clear:left"></div>
#MI24: Green hydrogen is not coming to save the PGM industry
<p><img src="https://biz-file.com/c/2402/726448-208x117.jpg?5" width="208" height="117" alt="The panel at the Bowmans 2024 Mining Indaba Event included (from left) Dr Rebecca Maserumule, director for hydrogen and energy at DSI, Bart by Bart Nieuwoudt, lead legal specialist at Sasol, Stuart Heather-Clark, Africa Power Sector Energy Transition Lead at SLR Consulting, Claire Tucker head of our public law and regulatory practice, Bowmans." align="left"><br><span >The panel at the Bowmans 2024 Mining Indaba Event included (from left) Dr Rebecca Maserumule, director for hydrogen and energy at DSI, Bart by Bart Nieuwoudt, lead legal specialist at Sasol, Stuart Heather-Clark, Africa Power Sector Energy Transition Lead at SLR Consulting, Claire Tucker head of our public law and regulatory practice, Bowmans.&lt;/span><p>Cyril Ramaphosa <a href="https://www.gov.za/news/speeches/president-cyril-ramaphosa-south-africa-green-hydrogen-summit-29-nov-2022">opened the inaugural Green Hydrogen Summit in 2022</a> with the promise of green hydrogen&#x2019;s transformative potential. &#x201c;Green hydrogen is identified in the Investment Plan as one of the four &#x2018;big frontiers&#x2019; of a just energy transition, indicating that it has huge growth and investment potential,&#x201d; the president explained. &#x201c;Together, South Africa and Zimbabwe hold over 90% of the world&#x2019;s known platinum group metal reserves. Since 30 to 40% of the supply goes into the production of catalytic converters for internal combustion vehicles, the initial focus of the research was on hydrogen-powered fuel cell electric vehicles as an alternative market to the internal combustion engine vehicle.&#x201d;</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/green-hydrogen-is-not-coming-to-save-the-pgm-industry-012195a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=245777">Send to a friend</a></p><div style="clear:left"></div>
Italy joins race for African energy in new deal
<p><img src="https://biz-file.com/c/2401/725781-208x117.jpg?5" width="208" height="117" alt="Italy's Prime Minister Giorgia Meloni meets with President of Mozambique Filipe Nyusi inside the Madama Palace (Senate) as Italy hosts the Italy-Africa summit in Rome, Italy. Source: Reuters/Remo Casilli" align="left"><br><span >Italy's Prime Minister Giorgia Meloni meets with President of Mozambique Filipe Nyusi inside the Madama Palace (Senate) as Italy hosts the Italy-Africa summit in Rome, Italy. Source: Reuters/Remo Casilli&lt;/span><p>Italian Prime Minister Giorgia Meloni hailed a new partnership with Africa on Monday, unveiling a long-awaited plan aimed at boosting economic ties, creating an energy hub for Europe and curbing immigration.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/italy-joins-race-for-african-energy-in-new-deal-123686a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=647&ct=1&ci=245558">Send to a friend</a></p><div style="clear:left"></div>
DRC revisits China mining deal for $7bn infrastructure investment
<p><img src="https://biz-file.com/c/2401/725574-208x117.jpg?5" width="208" height="117" alt="Ambassador of the People's Republic of China in the DRC, Zhao Bin visited some of the infrastructure projects in December 2023. Source:" align="left"><br><span >Ambassador of the People's Republic of China in the DRC, Zhao Bin visited some of the infrastructure projects in December 2023. Source: <a href="https://twitter.com/SICOMINES/status/1730641660231520766">x.com</a>&lt;/span><p>Chinese construction companies will invest up to $7bn in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of Congo. Both parties agreed to maintain the current structure of the shareholding, while the Chinese partners, Sinohydro Corp (SINOH.UL) and China Railway Group Limited, will pay 1.2% of royalties annually to Congo, according to a statement.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/drc-revisits-china-mining-deal-for-7bn-infrastructure-investment-012935a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=608&ct=1&ci=245497">Send to a friend</a></p><div style="clear:left"></div>
Shell joins international sell-off of Nigeria onshore oil and gas holdings
<p><img src="https://biz-file.com/c/2401/724556-208x117.jpg?5" width="208" height="117" alt="The Shell logo is seen at a petrol station in south London. Source: Reuters/Toby Melville" align="left"><br><span >The Shell logo is seen at a petrol station in south London. Source: Reuters/Toby Melville&lt;/span><p>Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4bn.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/shell-joins-international-sell-off-of-nigeria-onshore-oil-and-gas-holdings-678261a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=245211">Send to a friend</a></p><div style="clear:left"></div>
22 illegal miners dead in Tanzania’s unseasonal rains
<p><img src="https://biz-file.com/c/2401/724470-208x117.jpg?5" width="208" height="117" alt="Climate change is affecting mining in Africa. Source: Vlad Chetan/Pexels" align="left"><br><span >Climate change is affecting mining in Africa. Source: Vlad Chetan/Pexels&lt;/span><p>An illegal mining operation in Tanzania&#x2019;s Bariadi district, Simiyu region, was struck by a landslide on 13 January, resulting in the <a href="https://miningbusinessafrica.co.za/accident-occurs-at-ngalita-mine-in-Tanzania/">tragic loss of 22 lives</a>. The catastrophe unfolded at the Ng&#x2019;alita mine, where miners were reportedly working within a zone deemed off-limits due to the perilous conditions brought on by heavy rainfall. Tanzania, recognised as one of the world&#x2019;s foremost gold producers, continues to grapple with the persistent challenge of unlawful mining ventures.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/22-illegal-miners-dead-in-tanzania-unseasonal-rains-456499a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=864&ct=1&ci=245185">Send to a friend</a></p><div style="clear:left"></div>
Dangote refinery starts production, eyes full quota by year end
<p><img src="https://biz-file.com/c/2401/724276-208x117.jpg?5" width="208" height="117" alt="A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos. Source: Reuters/Temilade Adelaja" align="left"><br><span >A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos. Source: Reuters/Temilade Adelaja&lt;/span><p>Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel, the company said over the weekend, after years of construction delays at the 650,000 barrel per day (bpd) plant.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/dangote-refinery-starts-production-eyes-full-quota-by-year-end-567560a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245126">Send to a friend</a></p><div style="clear:left"></div>
TotalEnergies acquires more of Namibian oil find
<p><img src="https://biz-file.com/c/2401/724054-208x117.jpg?5" width="208" height="117" alt="A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier." align="left"><br><span >A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier.&lt;/span><p>TotalEnergies has increased its holding in the Venus oil discovery offshore Namibia in a deal with Impact Oil and Gas that marks a significant step towards the prospect's development, the energy the company said in a statement on Wednesday.</p><br> <a href="https://www.bizcommunity.com/Article/196/834/245071.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245071">Send to a friend</a></p><div style="clear:left"></div>
TotalEnergies acquires more of Namibian oil find
<p><img src="https://biz-file.com/c/2401/724054-208x117.jpg?5" width="208" height="117" alt="A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier." align="left"><br><span >A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier.&lt;/span><p>TotalEnergies has increased its holding in the Venus oil discovery offshore Namibia in a deal with Impact Oil and Gas that marks a significant step towards the prospect's development, the energy the company said in a statement on Wednesday.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/Article/196/834/245071.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245071">Send to a friend</a></p><div style="clear:left"></div>