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Latest News

Development of UCG industry gains momentum as govt reveals policy stance

Regulations governing the application for and awarding of prospecting rights and mining rights for underground coal gasification (UCG) in South Africa have been included in the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, accelerating the near-term likelihood that the clean coal technology will be introduced into the national energy mix. UCG enabled coal to be gasified within a coal seam, converting coal in situ into synthetic gas and enabling the access of “unmineable” coal seams.

Trade activity restrained but steady – Sacci

While trade activity remained in positive territory during March it was still restrained, found the South African Chamber of Commerce and Industry’s (Sacci’s) Trade Conditions Survey, released on Tuesday. Sacci’s trade activity index (TAI) for March, at a level of 54 index points, stayed the same as that of February; however, it was below the March 2013 level of 56.