South Africa

South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

Posted on March 23, 2019March 23, 2019 by Mozambique Resources Post

Severe planned power cuts at South African state-run utility Eskom are expected to shave 0.3 percentage points off first-quarter GDP growth, Goldman Sachs said on Thursday.

South Africa: “Mozambique cyclone to blame for stage 4 load shedding,” – says Eskom

Posted on March 18, 2019March 18, 2019 by Mozambique Resources Post

Eskom says the cyclone in Mozambique has contributed significantly to load shedding being escalated from stage 3 to stage 4 this afternoon.

South Africa: ESKOM working with Mozambican technicians to restore power

Posted on March 18, 2019March 18, 2019 by Mozambique Resources Post

JOHANNESBURG – Eskom says it’s working with technicians in Mozambique to restore power supply through the two power lines that went offline cutting about 1,000 megawatts of power from the grid.

South Africa: Africa Energy announces offshore 3D seismic program

Posted on March 14, 2019March 14, 2019 by Mozambique Resources Post

Africa Energy has announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on the Total-operated Block 11B/12B offshore South Africa.

South Africa: “Total to resume drilling at Brulpadda prospect in December” – partner

Posted on March 1, 2019March 5, 2019 by Mozambique Resources Post

France’s Total and partners will resume drilling at the Brulpadda prospect offshore South Africa in December, a minority partner in the field said on Wednesday.

Africa Mining: South African court orders suspension of union’s industry-wide strike

Posted on March 1, 2019March 1, 2019 by Mozambique Resources Post

South Africa’s labour court has ordered a mineworkers’ union to suspend its plans for an industry-wide strike from Feb. 28 to March 7 until it issues a ruling on whether to block the action, the union and producer Lonmin said on Thursday.

Africa Energy: South Africa Eskom bailout could reach over US10billion

Posted on February 22, 2019February 22, 2019 by Mozambique Resources Post

(Reuters) – A bailout for struggling South African state utility Eskom could reach as much as 150 billion rand ($10.79 billion) over 10 years, a senior National Treasury official told Reuters.

Mining vs Safety: Calls for more security at SA mines following Gloria coal mine incident

Posted on February 18, 2019February 18, 2019 by Mozambique Resources Post

South Africa Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and recovery process can continue with the necessary speed.

Africa Oil & Gas: Anadarko readies exploration activities offshore, South Africa

Posted on February 14, 2019February 14, 2019 by Mozambique Resources Post

US oil company Anadarko has announced that its exploration activities in South Africa are at an early stage.

Africa Mining: South African miner Harmony Gold in talks to build solar power plant

Posted on February 14, 2019February 14, 2019 by Mozambique Resources Post

South African miner Harmony Gold is in talks to build a 30 megawatt solar power plant in the Free State province to supply power to some of its operations to try to reduce power costs and dependence on struggling utility Eskom.

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