R/€ = 16.27 Change: 0.01
R/$ = 15.00 Change: 0.00
Au 1643.00 $/oz Change: 11.31
Pt 972.06 $/oz Change: -9.43


Bill Gates-led fund invests in making lithium mining more sustainable

By: Bloomberg     20th February 2020 Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20-million for Lilac Solutions, a US startup aimed at making the extraction of lithium less water-intensive and more sustainable. As the world looks to cut carbon emissions, people... 

First Cobalt upsizes placement, stock jumps

By: Creamer Media Reporter      3rd February 2020 Toronto-headquartered cobalt company First Cobalt has upsized its previously announced nonbrokered private placement to accommodate demand. The offering increased from 10 715 000 units at C$0.14 a share, for gross proceeds of up to C$1-5-million, to 14 300 000 units at the same price, for... 

Indian mining leases too small to be sustainable – FIMI

By: Ajoy K Das     31st January 2020 The size distribution of mining leases in India are so small that these neither sustainable, nor mined scientifically, according to Federation of Indian Mineral Industries (FIMI). According to data provided in a FIMI report, on March 31, 2017, there were 4 128 mining leases of major minerals... 

Coronavirus has copper hitting record 12-day losing streak

By: Bloomberg     31st January 2020 No major commodity has felt the pain of the worsening coronavirus epidemic more deeply than copper. The metal has tumbled for 12 straight sessions in London, the longest retreat in more than three decades of data. Since January 20 when the outbreak in China entered a new phase of severity,... 

Santos/Beach sign new gas deal with Qenos

By: Esmarie Iannucci     31st January 2020 Oil and gas major Santos and its joint venture (JV) partner Beach Energy has extended an ethane gas supply agreement with Australia’s sole manufacturer of polyethylene, Qenos. The new sales agreement will enable Qenos to maintain its operations at Botany Bay in Sydney and secure over 500 jobs... 

Federal and NSW govts strike gas deal

By: Esmarie Iannucci     31st January 2020 The Australian Petroleum Production & Exploration Association (Appea) has welcomed an agreement between the federal and New South Wales governments to facilitate increased gas supply, lower emissions and a more stable power supply. Prime Minister Scott Morrison on Friday announced a landmark... 

Key EV markets to start growing again – WoodMac

By: Creamer Media Reporter      28th January 2020 Following a year characterised largely by disappointing performances from the electric vehicle (EV) and consumer electronics sectors, better days are ahead for battery market participants, with key markets for electric cars set to start growing again. This is according to consultancy firm Wood... 

Brother Group gets go ahead to buy Lanxess CISA, chrome tanning salts business

By: Marleny Arnoldi     24th January 2020 The Competition Commission has approved the proposed merger whereby Brother Industrial South Africa (Brothers SA) wants to acquire Lanxess CISA and the chrome chemicals business of Lanxess SA. Brothers SA was established by the Brother Group to effect the transaction. The group is involved in... 

Trafo Power Solutions

24th January 2020 Trafo Power Solutions was established to cater for the growing appetite and scope for the application of dry-type transformers in Africa. These power solutions are suitable across a wide range of industry including mining. The company offers a wide range of cast resin transformers from 160 kVA to... 

Weba Chute Systems

24th January 2020 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

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