JOHANNESBURG  - South Africa’s second-largest coal miner Exxaro Resources is moving ahead with intends to generate clean energy, CEO Sipho Nkosi said on Thursday.

Exxaro, which established some pot venture (JV) called Cennergi by having an undisclosed third party, is planning five renewable power projects - two solar and three wind.

The JV would submit tenders under the Department of Energy’s (DoE’s) ‘request for qualification and proposals for brand spanking ... Read More

JOHANNESBURG/CAPE TOWN - Research submitted to South Africa's ruling ANC to reform its vital mining sector proposes a 50% tax on profits and rejects nationalisation as an "unmitigated disaster" for Africa's largest economy.

Even though it delivers a hammer blow to involves nationalisation by radical elements inside African National Congress (ANC), mining houses is going to be wary of the tax proposals while they grapple with steeply rising labour, power and safety costs within t ... Read More

CAPE TOWN () - Gold major AngloGold Ashanti is to take firm technology steps to take care of South Africa as being a leading gold mining country.

The coherent three-step technology strategy aims at halving mining costs and making operations viable at depths beyond 5 000 m.

“We’re sold on that programme and most talking about it, we’ll possess a prototype operating at our Great Noligwa mine in 2014 to prove these concepts,” AngloGold CEO Mark Cutifani told the Mining ... Read More

According to a fresh European Wind Energy Association report an archive 71% of all the New power generating capacity positiioned in the Europe Union this year came from solar power panels, offshore and onshore wind turbines and other renewable energy sources.



According to the EWEA reports the level of clean power set up on 2011 rose to 32 gigawatts with the 23 gigawatts fitted in 2010, which taken into account just over 1 / 2 of New power capacity place in that year. Twel ... Read More