The next decade will be pivotal for the mining sector in Africa and there are many reasons to feel optimistic about deal-flow and transactions on the continent in the coming years, says Shirley Webber. While African producers and governments – including South Africa – have enjoyed a windfall from buoyant commodity prices in the latter part […]

Mining companies are among the hardest hit by mass power cuts, as Eskom presses ahead with stage four load shedding this week. Eskom implemented stage four power cuts from 1pm on Monday through to 5am on Friday due to generation capacity shortages. Stage two power cuts would then be implemented until further notice. Generating units

The Airports Company South Africa (Acsa) has published its financial results for the year ending 31 March 2021, with the Covid-19 pandemic and lockdown clearly impacting the group’s operations. Revenue was R2.2 billion for the 12 months, less than a third of the R7.1 billion generated in the previous financial year. While the company produced

SA’s mining sector delivered a solid financial performance for the 2020-2021 financial years with value delivered to all stakeholders despite the current challenging pandemic environment. The excellent financial performance resulted in mining companies being in a very strong financial position, with record distributions to shareholders and more than a tripling in taxes paid. Debt has

Imagine an optic fiber that can sense the presence of a nearby jackhammer and warn its owner that it is in danger of being dug up, just in time to tell diggers not to sink another shaft. Next, imagine that an entire city’s installed base of fiber could be turned into sensors that will make

The PRO5 has been unveiled for the first time publicly at MINExpo, along with the announcement of its new innovations. Equipped with a professional grade visual system, the PRO5 is the first mining simulator to combine stereoscopic 3D, a one-piece curved display, photo-realistic graphics and RealView™ head tracking technology. The PRO5 delivers realism at a

The International Mining Safety Hub (IMS Hub) is now live. Founding partners Anglo American, AngloGold Ashanti, Harmony Gold, Impala Platinum, Sibanye-Stillwater, Teck Resources and the Minerals Council South Africa have come together to achieve the common goal of reducing fatalities and serious incidents in mining. The IMS Hub, powered by Jincom – a global visual

Industrial 5G is unlocking efficiency in mining for improved productivity, safety, environmental sustainability and global competitiveness. These impacts will be realised through the introduction of next-generation mining technology, called Next Generation Mining (NGMining). The technology will include autonomous connected machinery, digital automation and advanced analytics for real-time situational awareness and control, to enable safety, productivity and sustainability improvements in mining operations. NGMining is a new project funded by Business Finland, bringing together industrial 5G private networks, edge computing and artificial

This July, those in the mining industry had the opportunity to be treated to a specialised summit by tech-giant Huawei. This summit, “How ICT Tech Innovation Brings Digital Transformation To The Mining Industry”, sought to shed some light on the current state of the sector’s ICT infrastructure and how technology is driving digital innovation to completely

South African airlines have suffered severe pandemic-induced financial losses over the past 15 months, with the latest round of lockdown restrictions grounding major carriers. Passenger volumes between Cape Town and Johannesburg – Africa’s busiest domestic route – halved in 2020. Losses incurred by the continent’s airlines topped $10 billion (more than R140 billion). Ongoing restrictions and