Global copper demand to grow 1.2% this year

China remains the key global growth driver for copper, but demand growth from the Asian giant is expected to slow this year, Standard Bank head of commodities research Walter de Wet reveals.

Platinum miners loath to take lead on output cuts

Profit prospects are poor for South Africa's platinum miners as they collectively hold back from making the deep production cuts necessary to reduce a market surplus and force higher prices. They have felt some respite this year from the...

Global copper demand to grow 1.2% this year

China remains the key global growth driver for copper, but demand growth from the Asian giant is expected to slow this year, Standard Bank head of commodities research Walter de Wet said this week. China’s demand, which has been growing at...

Commodities analyst to shed light on current state of copper market

Standard Corporate and Investment Bank head of commodity research Walter de Wet will be providing insight into the current declining copper prices at this year’s Investing in African Mining Indaba at the Cape Town Convention Centre.

Wesizwe to appoint Jinchuan’s Goa as CEO

JSE-listed Wesizwe Platinum reported on Thursday that it had restructured its board of directors in line with the new shareholder configuration that enabled a total financing solution for its 350 000-y/oz Frischgewaagd-Ledig project, in the North...

Mashiatshidi to succeed Solomon as Wesizwe CEO

JSE-listed Wesizwe Platinum on Wednesday announced that the company's CFO Arthur Mashiatshidi would take over as CEO on October 1, succeeding founding CEO Mike Solomon, who has resigned. Mashiatshidi will be succeeded by Jacques de Wet, who will...

Mike Solomon steps down as Wesizwe CEO

JSE-listed Wesizwe Platinum announced on Wednesday that Arthur Mashiatshidi would take over as CEO on October 1, succeeding Mike Solomon, who has resigned. Mashiatshidi, who is currently the CFO, will be succeeded by Jacques de Wet, who will...

Base-metals outlook remains weak, gold price seen improving

Base-metals prices would likely remain weak in the short term, while the gold price would continue to improve towards the end of this year, analysts said on Monday. Ratings agency Standard & Poor’s (S&P’s) has revised the outlook for metals...

Copper may average $4 200/t this year – Standard Bank

Copper prices were expected to recover to an average of $4 200/t in 2009, Standard Bank Head of Commodities Research Walter de Wet said on Monday. Addressing delegates at the 2009 Mining Indaba in Cape Town, although he did not see any...

State

Tender work arising due to state contracts

Pioneering value addition

Local firm Geratech is adding value to zircon in a industry that did not exist until the company developed the blueprint, says MD Ignatius de Wet.

SA taking zircon downstream

A new home-grown processing technology could see South Africa earning millions of rands more from its