R/€ = 16.36 Change: -0.20
R/$ = 14.50 Change: -0.29
Au 1312.39 $/oz Change: -6.38
Pt 849.65 $/oz Change: -19.49


Climate challenge harder than it seems, JP Morgan executive warns

By: Bloomberg     20th March 2019 The world isn’t cutting carbon emissions anywhere near quickly enough, a senior executive at JP Morgan Asset Management told clients this week – and changing that will require far harder choices than most people realise. In his annual 'Energy Outlook' report, Michael Cembalest, chairperson of... 

Pre-Bagged products for the Mining sector

By: Creamer Media Reporter      19th March 2019 Above or below ground mining activities require materials to be of an exacting standard and to meet high safety requirements. Technicrete has a unique range of pre-bagged concrete mixes as well as heavy-duty blocks which not only meet these safety concerns but offer effective and cost effective... 

Contractor building infrastructure at Belfast mine

15th March 2019 Construction contractor Concor Infrastructure has been awarded the job of building dams, roads, platforms and other civil works at diversified miner Exxaro’s new digital coal mine near Belfast, in Mpumalanga. Concor Infrastructure is constructing four major dams, 26 concrete platforms and... 

Coal will continue to be key resource for decades

15th March 2019 In its annual World Energy Outlook 2018, the International Energy Agency (IEA) forecasts that coal will remain the largest single source of electricity generation through to 2040, at 26% of global electricity.  Renewables will have a role to play as future energy sources for the country, region... 

India’s Coal Ministry cancels coal block auction

By: Ajoy K Das     11th March 2019 Barely a week after starting the process, India’s Coal Ministry has called off the auction of coal blocks. In a notification the Ministry said, “the sixth and seven tranche of coal block auction stands cancelled,” without stating any reasons. 

Waste-to-energy viable option for mining operations

By: Khutso Maphatsoe     22nd February 2019 With the Germiston-based facility of waste management company Interwaste benchmarked to provide a consistent supply of up to 1 000 tons a month of waste-derived fuel, Interwaste CFO Jason McNeil says there is opportunity to develop such projects and supply alternative fuel to mines. “The facility... 

Arch Coal starts work on new $390m West Virginia coking coal mine

By: Creamer Media Reporter      14th February 2019 The second largest coal miner in the US, Arch Coal, on Thursday announced that it had started work on a new three-million-ton-a-year coking coal mine that will operate on the same 200-million-ton reserve base as its Leer operation, in West Virginia. The NYSE-listed company would invest between... 

Gra-Tech to add value in PGMs industry

By: Cameron Mackay     8th February 2019 Precious metals recovery company Gra-Tech is aiming to assist companies that are active in the platinum group metals (PGMs) industry, particularly mines and Nitric Acid plants, as it looks to expand into other emerging markets. “Industry has not realised the massive value contained in old and... 

Transnet, Botswana Rail seek to unlock Botswana’s coal reserves

By: Nadine James     7th February 2019 State-owned Transnet and Botswana Railways have resuscitated discussions on the construction of a proposed heavy-haul railway line that will link the two countries to “unlock” Botswana’s estimated 212-billion tons of coal reserves, Transnet announced on Thursday. Discussions around this project... 

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

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