Electricity

The outlook for mining in South Africa remains bullish despite concerns about labour and power costs. There is also cautious optimism of commodity prices.

The Africa Finance Corporation will invest in the construction of a new hydro power plant in Cameroon as the demand for electricity continues to grow.

AIM-listed Kibo Energy, the multi-asset, Africa focused, energy company, has signed a memorandum of understanding to acquire a 60% equity interest in privately-owned UK company Mast Energy Developments.

Eurasian Resources Group has signed a 10 year electricity supply agreement for its Metalkol project in the DRC for up to ten years.

Kibo Mining plans to put forward a resolution seeking approval for changing the name of the company to Kibo Energy at its AGM to be held on Monday 30 July 2018.

The Chamber of Mines opposes Eskom’s application to the National Energy Regulator of South Africa for an increase in electricity tariffs to recover over R 66 billion in losses.

The 2016 SONA (State of the Nation) address delivered by South African president Jacob Zuma last week delivered a disappointing message for the local mining sector – one which provided no relief or answers...

TSX-listed First Quantum Minerals’ on Tuesday reported that its Zambian copper operations, which include the Kansanshi mine, smelter and the Sentinel project, are being consistently provided a total of approximately 285MW. This power supply allows...

Coal exploration company Minergy is looking to assist in Southern Africa’s energy deficit crisis with its large, shallow, low cost Masama coal project in Botswana. “Minergy’s Masama project is a unique coal asset, with high...

Dual listed Tanzania-focused junior Kibo Mining is currently finalising a Memorandum of Understanding (MOU) with Tanzania Electric Supply Company for a Power Purchase Agreement (PPA) for its Mbeya Coal to Power Project (MCPP). Over the...