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The gold market hunts for answers behind bullion’s sudden surge
The gold market hunts for answers behind bullion’s sudden surge
9th April 2024 By: Bloomberg

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 


Hansen + Genwest post image
Hansen + Genwest
29th March 2024

Designers and manufacturers of transformers and switchgear Hansen + Genwest was founded in 1976, and supplied the first South African-designed and manufactured flameproof transformer in 1977. The... 


Gold steady after surging to record on rate-cut bets, haven bids
Gold steady after surging to record on rate-cut bets, haven bids
6th March 2024 By: Bloomberg

Gold steadied after surging to a record high in the previous session, boosted by expectations for US rate cuts, geopolitical tensions and the risk of a pullback for equity markets. Bullion rose to... 


Gold touches $2 100 as traders scoop up metal on rate cut bets
Gold touches $2 100 as traders scoop up metal on rate cut bets
5th March 2024 By: Bloomberg

Gold is within striking distance of a new record high as the market bets the first US interest-rate cut since early 2020 is near. The precious metal briefly rose above $2 100/oz Monday, the... 


Arkansas Smackover project now under full Pantera ownership
29th February 2024 By: Creamer Media Reporter

Australia-listed Pantera Minerals on Thursday announced it had completed the acquisition of Daytona Lithium, handing it 100% ownership of the Superbird lithium brine project, in the lithium-rich... 


Horizon and Greenstone merge to create new WA gold miner
Horizon and Greenstone merge to create new WA gold miner
13th February 2024 By: Mariaan Webb

ASX-listed Horizon Minerals and Greenstone Resources on Tuesday announced a merger to create a new emerging gold producer in the Western Australia goldfields. Under the scheme of arrangement,... 


An image of a sugar refinery included in the BMG expansion programme
Expansion helps enhance efficiencies
8th December 2023

Industrial products supplier BMG relocated its regional service centre and opened two new facilities in September, with BMG KwaZulu-Natal (KZN) regional manager Keith van Wyk noting that the... 


Greenstone assessing near-term Coolgardie opportunities
29th November 2023 By: Creamer Media Reporter

ASX-listed Greenstone Resources has initiated a strategic review of near-term mining opportunities at its Burbanks and Phillips Find gold projects near Coolgardie, Western Australia. The Coolgardie... 


Gold bars
Gold eases, but Israel-Hamas war keeps prices above $1 900
16th October 2023 By: Reuters

Gold prices fell on Monday due to technical selling after a strong rally in the previous session, although concerns over potential escalation of conflict in the Middle East kept bullion above the... 


Copper, nickel and zinc on the periodic table
Metal trader misery undercuts supercycle hype as losses pile up
9th October 2023 By: Bloomberg

The world’s metal traders are enduring one of their toughest periods in years, even as an international race for minerals thrusts the industry into the geopolitical spotlight like never before.... 


Sagging demand drags copper towards 6th straight weekly loss
26th May 2023 By: Reuters

Copper prices rose on Friday but remained on track for a sixth consecutive weekly loss amid lacklustre demand from top metals consumer China and other markets. Benchmark copper on the London Metal... 


Copper recovers but global growth concerns cap gains
26th April 2023 By: Reuters

Copper prices rose in London on Wednesday as support from a weaker dollar helped to halt its five-session run of declines. Benchmark LME copper was up 0.6% at $8 574.5/t by 10:56 GMT. The metal... 


Copper heads for third straight weekly loss on weak Chinese demand
10th February 2023 By: Reuters

Copper prices were on track for a third consecutive weekly loss on Friday as Chinese demand remains weak and investors await inflation data next Tuesday that could hint at the direction of U.S.... 


Image of Sukari mine PV site
‘Largest’ solar hybrid project commissioned at mine
16th December 2022

During the international community‘s search for solutions to the climate crisis at the COP27 conference in Egypt in November, international project developer JUWI published a release noting that it... 


Juwi commissions solar hybrid project at Sukari gold mine
18th November 2022 By: Marleny Arnoldi

Renewable energy company Juwi is in the final stages of commissioning a large solar hybrid project, in Egypt, comprising a 36 MW solar farm and 7.5 MW battery storage system. The solar farm and... 


Metal plants feeding Europe’s factories are in existential crisis
Metal plants feeding Europe’s factories are in existential crisis
5th September 2022 By: Bloomberg

In the aluminum industry, closing a smelter is an agonizing decision. Once power is cut and the production “pots” settle back to room temperature, it can take many months and tens of millions of... 


Supply concerns support copper despite bleak economic outlook
23rd August 2022 By: Reuters

Copper prices rose on Tuesday, helped by low inventories, signs of improving demand in China and fears that sky-high energy prices could force smelters to cut output. Investors remained cautious,... 


Gold sees some profit taking as investors brace for inflation data
10th August 2022 By: Reuters

Gold prices slipped on Wednesday as investors booked profits ahead of key US inflation data that could influence the pace of Federal Reserve interest rate hikes. Spot gold was down 0.1 % to $1... 


Okapi takes an option over Hansen in the US
12th July 2022 By: Esmarie Iannucci

Explorer Okapi Resources has completed the acquisition of a 51% interest in the Hansen uranium deposit, in Colorado, increasing the mineral resource estimate for its greater Tallahassee uranium... 


Growth worries push copper prices lower
25th May 2022 By: Reuters

Prices of copper and most other industrial metals fell on Wednesday on concerns that slowing economic growth and Covid-19 lockdowns in top consumer China would depress demand. Benchmark copper on... 


Copper rebounds after miners report sliding production
Copper rebounds after miners report sliding production
21st April 2022 By: Reuters

Copper prices bounced on Thursday after a spate of production problems that threaten to cut supply, including a state of emergency in Peru, the world's second biggest producer. Benchmark... 


London nickel trading shows signs of recovery after two weeks of chaos
22nd March 2022 By: Reuters

The London Metal Exchange's (LME) benchmark nickel contract fell again on Tuesday but for the first time since resuming trade on March 16 the contract didn't hit its downside limit and metal was... 


Investors flee as aluminium, others spiral lower after nickel suspension
10th March 2022 By: Reuters

Base metals slumped on Wednesday, including aluminium despite continued worries about Russian supply, as cautious investors slashed positions in the wake of a halt in trading of skyrocketing... 


Image of hammered gold bar
Burbanks gold project, Australia – update
14th January 2022 By: Sheila Barradas

Greenstone Resources has poured its first gold from the Burbanks mining centre. 


Nickel storms to 10-year peak on worries about supplies
Nickel storms to 10-year peak on worries about supplies
12th January 2022 By: Reuters

Nickel prices surged to their highest in a decade on Wednesday as investors bet automakers will have to scramble to secure supplies for their electric vehicle batteries as inventories dwindle.... 


Greenstone pours first gold in WA
11th January 2022 By: Esmarie Iannucci

Gold developer Greenstone Resources has poured its first gold from the Burbanks mining center, in Western Australia, as part of the Stage 1 trial mining agreement joint venture (JV) with FMR... 


Gold firms above $1 800/oz as pandemic, inflation risks linger
4th January 2022 By: Reuters

Gold climbed above the key $1 800/oz level on Tuesday, after a sharp retreat in the last session, as some investors sought cover from pandemic-led uncertainty, inflation and its impact on the U.S.... 


Copper bounces on scarce supplies and robust risk appetite
3rd November 2021 By: Reuters

Copper prices jumped on Wednesday on low inventories, healthy risk appetite and a brighter technical outlook. Three-month copper on the London Metal Exchange had gained 1.5% to $9 633.50 a tonne... 


An image of molten copper
Energy crisis pushes copper towards best week since 2016
15th October 2021 By: Reuters

Copper on Friday was heading for its biggest weekly gain since 2016 as surging power prices threaten to curb supply at a time when exchange stockpiles are at rock bottom. A rapid rise in the cost... 


Moon dust: Greenland's recipe for saving Planet Earth
Moon dust: Greenland's recipe for saving Planet Earth
14th October 2021 By: Reuters

Among the glaciers and turquoise fjords of southwestern Greenland, a mining company is betting rock similar to the one the Apollo missions brought back from the moon can address some of Planet... 


An image of copper production at Ural
Metals trader Concord eyes possible IPO in 2022 on resources boom
11th October 2021 By: Bloomberg

Concord Resources, a trading house set up six years ago to challenge the dominance of Glencore and Trafigura Group in metals markets, may list its shares as soon as next year. The private... 


The Sukari mine site, in Egypt
EPC contracts for Sukari solar project awarded
4th May 2021 By: Simone Liedtke

Gold miner Centamin has awarded engineering, procurement and construction (EPC) contracts for its 36 MW solar farm and 7.5 MW battery-energy storage system at the Sukari gold mine, in Egypt, to... 


Record metals prices catapult mining profits beyond big oil
Record metals prices catapult mining profits beyond big oil
3rd May 2021 By: Bloomberg

Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets.... 


How high can copper fly? This metals trader expects $12 000
25th February 2021 By: Reuters

Copper could surge above a record to $12 000 a ton in 18 months on new demand from green initiatives, a leading metals trader said, giving one of the most bullish forecasts yet for the metal. The... 


Platinum powers to a six-year high on tight global supply
Platinum powers to a six-year high on tight global supply
16th February 2021 By: Bloomberg

Platinum rallied again, surging to the highest level in more than six years on signs that an economic recovery from the pandemic is set to boost demand for the metal used in catalytic converters.... 


GEARED UP 
BMG’s Sumitomo gearbox brands also include Paramax large industrial gearboxes and Fenner Shaft Mounted Reducers
Components create high efficiency in cooling towers
22nd January 2021

Engineering solutions provider BMG’s electromechanical team plays an important role in ensuring the dependable operation of wet and dry cooling towers, through the supply and support of many power... 


Bokamoso Solar Park outside Leeudoringstad in the North West Province.
juwi successfully completes AIIM’s 78 MW Bokamoso Solar Park
3rd December 2020

Leeudoringstad: The 78 MW Bokamoso Solar Park situated near Leeudoringstad in the North West Province, has reached full grid code compliance, commenced commercial operations,and has been handed... 


Copper surges to fresh two-year high on virus vaccine hopes
Copper surges to fresh two-year high on virus vaccine hopes
20th November 2020 By: Reuters

Copper surged to a fresh two-year high on Friday, and is set for its longest run of weekly gains since September, as investors weighed concerns about rising coronavirus cases against promising news... 


Gearboxes ideal for wet, dry cooling towers
20th November 2020

Industrial equipment provider BMG’s electromechanical team plays an important role in the dependable operation of wet and dry cooling towers in the mining sector, through the supply and support of... 


Hedge funds in gold futures market get crushed by ‘big boy’ ETFs
17th July 2020 By: Bloomberg

There’s a big shift in the balance of power in the global gold market. A relentlessly expanding physical hoard of bullion stored in London and New York means exchange-traded funds have usurped... 


juwi to construct wind and solar farm in regional Western Australia
juwi to construct wind and solar farm in regional Western Australia
11th June 2020

The hybrid project consists of a renewable energy hub which will include a 4 megawatt solar farm combined with two 4.5 megawatt wind turbines integrated with a lithium ion battery system and gas... 


Gold, silver race higher on fear of second virus wave
15th May 2020 By: Bloomberg

Gold and silver are finishing the week on a high note, lifted by concerns over economic growth, a second wave of virus infections and simmering tensions between the U.S. and China. Gold headed back... 


HANDSOME HANSEN BMG offers a full range of gear units that drive aerators, water screws and brush aerators for the sewage and water treatment sector
Drive systems suited for sewage applications
24th April 2020

Industrial equipment supplier BMG offers solutions for the water, wastewater and sewage sectors, encompassing the supply of quality branded drive systems. BMG supplies an extensive range of drive... 


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Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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