R/€ = 16.71 Change: -0.05
R/$ = 15.29 Change: 0.02
Au 1650.60 $/oz Change: -1.85
Pt 920.64 $/oz Change: -13.05


AECI’s Mining Solutions business boosts group profitability in 2019 

By: Marleny Arnoldi     25th February 2020 JSE-listed chemicals manufacturer AECI reported growth in all its operating segments in the year ended December 31, and managed to achieve 10% growth in its headline earnings per share (HEPS). The company declared a total dividend of R5.70 apiece, compared with the R5.15 apiece declared in the... 

Qld launches lung disease support line

By: Esmarie Iannucci     25th February 2020 The Queensland government has established a new one-stop-shop support service for mining and quarry workers providing expert advice and support on lung disease. The confidential hotline will be live on March 2, and will be open to current and former mine workers and their families, as well as... 

Albemarle expects 2020 profit drop as lithium prices sag

By: Reuters     20th February 2020 Albemarle, the world's largest lithium producer, reported a lower-than-expected quarterly profit on Wednesday and forecast a double-digit drop in 2020 earnings on weak prices for the battery metal. Lithium companies in the past year have been producing more than automakers currently need,... 

US mining fatalities fall to all-time low

By: Creamer Media Reporter      18th February 2020 The mining industry in the US reported its fewest ever fatalities in 2019, recording deaths below 30 for only the fifth time in the Mine Safety and Health Administration’s (MSHA’s) 43-year history. Twenty-four people lost their lives in mine accidents last year. There were four deaths each in... 

OceanaGold sets production targets for 2020

By: Esmarie Iannucci     11th February 2020 Dual listed gold miner OceanaGold has set a production target of between 360 000 oz and 380 000 oz for the full 2020, with the Haile operation, in the US, expected to deliver an additional 25% of production. “OceanaGold is highly committed to regaining its status as one of the best gold mining... 

Beach narrows full year guidance

By: Esmarie Iannucci     11th February 2020 Oil and gas producer Beach Energy has narrowed its full year production expectations to reflect actual production achieved in the first half of the financial year. The ASX-listed company was now expecting full year production to reach between 27-million and 28-million barrels of oil equivalent,... 

Devices assist to combat sick building syndrome

7th February 2020 Monitoring devices that are able to detect high levels of carbon dioxide (CO2)  have been introduced to the local market to help detect poor air quality that can lead to sick building syndrome. Sick building syndrome refers to the condition affecting office workers, typically marked by headaches... 

Mining execs could face manslaughter charges in Queensland

By: Esmarie Iannucci     4th February 2020 Queensland Mines Minister Dr Anthony Lynham on Tuesday introduced legislation into Parliament that could see mining executive face up to 20 years in jail if Queensland mine and quarry workers die as a result of criminal negligence. “It is totally unacceptable that workers continue to die in our... 

Harmonising engineering and ICT to protect against a catastrophic cyberattack

By: Creamer Media Reporter      21st January 2020 The mining and minerals sector is yet to develop a secure, vigilant and resilient strategy to protect against the growing risk of a catastrophic cyberattack. Frikkie Eloff, Regional Manager of First Technology Group’s Limpopo and Mpumalanga operations, says that top of the agenda is the need to... 

Water around Rio Tinto's Madagascar mine is high in lead, uranium - study

By: Reuters     20th December 2019 Water downstream of a Rio Tinto mine in southern Madagascar contains high concentrations of uranium and lead, potentially endangering local residents who depend on a nearby lake and river for drinking water, a study released on Friday found. Lead, when ingested, can impede the mental and... 

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