Marleny Arnoldi

1 week ago | engineeringnews.co.za | Marleny Arnoldi

Solar-as-a-service provider Wetility has secured a R500-million structured capital partnership with solar energy project funder Jaltech, which it will use to add more than 16 MW of solar capacity to the South African distributed energy footprint. The new solar capacity, coupled with battery storage systems, will help to avoid 250 000 t of carbon dioxide emissions. The R500-million funding structure comprises a blend of senior and equity capital.

1 week ago | engineeringnews.co.za | Marleny Arnoldi

More than 10 GW of new wind energy is possible in the next three years should grid access challenges across Southern Africa be resolved, the ‘2024 South African Renewable Energy Grid Survey’ shows. To this end, the South African Wind Energy Association (SAWEA) is working hard to assist in the establishment of a more cohesive regulatory and policy environment which can facilitate greater investment in grid and transmission infrastructure.

1 week ago | miningweekly.com | Marleny Arnoldi

TSX- and JSE-listed Eastern Platinum (Eastplats) has advised shareholders of a cybersecurity incident affecting its internal IT systems. Eastplats took immediate containment measures to protect its network and data once it detected the breach, and has since been working with cybersecurity experts to thoroughly investigate the incident’s scope and undertake remedial action. The incident had certain files related to Eastplats’ internal affairs disclosed without authorisation.

1 week ago | miningweekly.com | Marleny Arnoldi

Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or 87%, of the lots on offer, totalling 68 705 ct sold out of 99 830 ct on offer. The auction included rubies from newer area mined at the Montepuez project, in Mozambique, which previously had not been represented at auction in meaningful quantities.

1 week ago | engineeringnews.co.za | Marleny Arnoldi

Ahead of ASX-listed Lotus Resources restarting production at the Kayelekera uranium mine, in Malawi, the company has advanced with cold commissioning of the plant and is due to complete hot commissioning early in the third quarter. The company has selected an owner-operated mining strategy in favour of appointing a mining contractor to retain more control over production and run-of-mine management, as well as to contain costs.