Speaking at the Coaltrans conference in Cape Town in September, SRK Consulting principal geologist (coal) Lesley Jeffrey said that the government’s latest draft Integrated Resource Plan (IRP) envisaged only 45% of the nation’s supply of energy coming from coal – down from 48% in the 2010 draft of the IRP.
The company also said it would reconfigure the mining methods used at Hail Creek, a process that will be phased in over the next 18 months.
In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry, many greet the possibility of tariffs on Chinese goods with a shrug.
For the time being, at least, American workers are being spared the much-feared job losses from automation.
The struggling mine, Gold Fields’ only asset left in South Africa, holds the world’s largest gold deposit after Grasberg in Indonesia and accounts for 60% for the company’s mineral reserves.
On a year-over-year basis, natural resources employment is little changed.
13,000 jobs to be slashed as the local platinum industry grapples with rising costs and weak prices for the precious metal.
Off the back of its recent acquisition of Perth-based subsurface data logging company Surtech Systems, METS company Qteq has already won the first of many expected contracts to provide borehole data using new innovative measurement sensors and systems.
President Donald Trump has asked Energy Secretary Rick Perry to take immediate action to stem closures of coal and nuclear power plants.
The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.