Electricity
Energy
Outlook for South Africa mining sector for 2019 bullish
The outlook for mining in South Africa remains bullish despite concerns about labour and power costs. There is also cautious optimism of commodity prices.
Central Africa
Africa Finance Corporation invests in Cameroon’s energy supply as demand grows
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.
Energy
Kibo Energy makes another acquisition
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.
Central Africa
ERG signs ten-year power supply agreement for Metalkol project
Eurasian Resources Group has signed a 10 year electricity supply agreement for its Metalkol project in the DRC for up to ten years.
Energy
Kibo Mining shareholders to vote on name change
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.
Energy
Chamber of Mines opposes Eskom’s application to Nersa to recover losses
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.
Energy
SONA speech delivers no hope or answers for mining sector
The 2016 SONA (State of the Nation) address delivered by South African president Jacob Zuma last week delivered a disappointing message for the local...
Southern Africa
First Quantum reports sufficient, consistent power supply to Zambian operations
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...
Coal
Minergy to boost Southern Africa energy deficit with Botswana coal project
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...
Infrastructure
Kibo Mining finalising MOU for power purchase agreement in Tanzania
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...
