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Organisations raise objections to the draft IRP

By: Kim Cloete     17th October 2018 Industry bodies and organisations have welcomed aspects of the draft Integrated Resource Plan 2018 but have also raised concerns during public hearings held in Parliament on Wednesday. They are hoping that their suggestions will be included in a final plan for South Africa’s energy future. 

China aluminium exports to surge on trade war - CRU

By: Reuters     9th October 2018 Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports of metals such as aluminium and steel in... 

Fresh blow for emerging markets as rising oil hits importers

By: Bloomberg     4th October 2018 For years, higher oil prices have stoked gains in emerging-market currencies. But now, Brent crude’s rally to a four-year high is beginning to hurt them. Crude-oil futures rose above $85 a barrel this week for the first time since 2014 as concern about shrinking Iranian exports outweighed higher... 

Chile weighs arbitration with top lithium producer Albemarle

By: Reuters     4th October 2018 The Chilean state agency that oversees lithium mining in the country´s Atacama salt flat will decide within a week whether to take top producer Albemarle Corp to arbitration in a contract dispute, an attorney for the agency said on Wednesday. Maria Elina Cruz, an attorney for Chile state... 

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Neo Lithium in talks for $490m Argentine mine venture

By: Bloomberg     5th September 2018 Neo Lithium is negotiating a $490-million deal to finance development of a mine in Argentina as the Toronto-based penny stock looks to tap a nascent lithium boom in the South American country. Shares rose. The company is in talks with would-be US, European and Asian joint-venture partners for... 

Platinum-using fuel cells making more headway

By: Martin Creamer     29th August 2018 Last month’s initial public offering (IPO) on the New York Stock Exchange of Bloom Energy suggests a second, much larger market may be emerging for fuel cells, Greentech Media reported this week in an article recording the deployment of Bloom’s technology at 25 Fortune 100 companies. The... 

South Africa's new coal-fired plants must have emissions technology

By: Reuters     21st August 2018 South Africa's first privately built coal-fired power plants must have the latest technology to reduce harmful emissions, the energy minister said on Tuesday, as a wave of court challenges threaten to derail the projects. Environmental activists have taken legal action against the new Thabametsi... 

New-gen scanning technology released, interest from SA companies

By: Jessica Oosthuizen     17th August 2018 Global corporate engineering and consulting group DMT has released the new-generation Slim Borehole Scanner (SBS) technology for imaging extra-slim drill holes with a diameter of 23 mm, with keen interest from local mining companies, says DMT director Sodhie Naicker. One of the SBS’s primary... 

Sumitomo says Ambatovy to miss FY18/19 nickel output target

By: Reuters     3rd August 2018 Japanese trading house Sumitomo Corp expects that nickel output at its Ambatovy project in Madagascar will likely fall short of its earlier target of 48 000 t in the year to March 2019, its chief financial officer said on Friday. "The Ambatovy has run at about 64% to 65% of full capacity in the... 

Gubong restart on the cards for 2019 - Bluebird

By: Esmarie Iannucci     1st August 2018 A report by London-listed Bluebird Merchant Ventures has found that the Gubong gold mine, in South Korea, could be reopened and recommissioned, with production expected in late 2019. Joint venture partner Southern Gold told shareholders on Wednesday that Bluebird had provided the company with an... 

Chile says lithium miner Albemarle slow to respond on contract details

By: Reuters     31st July 2018 Chile's government said on Monday that lithium miner Albemarle had been slow to respond to the government's requests for information about a contract the US-based miner signed with the South American country in 2016. The contract allows Albemarle to produce lithium on land owned by the Chilean... 

India readying to lift ban on gold imports from South Korea

By: Ajoy K Das     25th July 2018 A sharp fall in gold imported into the country during the first quarter of the current financial year has prompted the Indian government to move toward an early lifting of the import ban of the precious metal from South Korea. With gold imports down 25% during first quarter at $8.43-billion and... 

Hurting for buyers, US coal miners are learning to love India

By: Bloomberg     12th July 2018 The big bright spot for US coal miners is located halfway around the world. India almost tripled its imports of the rock from America in the first quarter from a year earlier, helping fuel its fast-growing economy and making it the largest foreign buyer of US coal, according to the US Energy... 

Occupational disease prevention campaign launched

By: Schalk Burger     6th July 2018 Workplace health and safety compensation funds Rand Mutual Assurance (RMA), Federated Employer’s Mutual Assurance Company and the Department of Labour Compensation Fund, as well as the Department of Mineral Resources, on Thursday launched the Occupational Disease Prevention Campaign, in... 

Nickel market deficit increases, but surplus expected by 2020 – BMI

By: Marleny Arnoldi     26th June 2018 BMI Research anticipates the global refined nickel market to remain in a slight deficit this year, as global production remains subdued.  

South Korea lobbies India to relax gold import restrictions

By: Ajoy K Das     19th June 2018 The review and upgrade of the free trade agreement (FTA) between India and South Korea is facing a speed bump, with the latter seeking a relaxation of gold import restrictions. The South Korean government wants restrictions on gold shipments into India, imposed last year, to be scrapped,... 

Bluebird, Southern Gold JV signed for South Korea gold mine

By: Marleny Arnoldi     13th June 2018 Asia-focused resource development group Bluebird Merchant Ventures on Tuesday signed a formal 50/50 joint venture (JV) agreement with ASX-listed Southern Gold for the Kochang gold and silver project, in South Korea.  

The 25th Jubilee World Mining Congress 2018 Will Be Held In Kazakhstan

5th June 2018 On June 19th-21st, 2018, the city of Astana will be hosting the 25th Jubilee World Mining Congress. Kazakhstan will be the first country among the CIS states to hold an event of such significant international importance. The World Mining Congress is the largest and most appreciable gathering of... 

Peru's Minsur lines up financing to start work on Mina Justa this year

By: Reuters     30th May 2018 Peruvian miner Minsur expects to secure $800-million to $900-million in financing from a group of banks in August that will put it on track to start building its $1.6-billion Mina Justa copper project toward the end of the year, the company said on Wednesday. The banks - from Germany, Canada,... 

'CLEAN' COAL?:

By: Martin Creamer     25th May 2018 Water pours from an excavator bucket as coal is extracted from below the water's surface at an opencast mine in India. Taken four years ago, this picture of drenched coal arising out of a water-filled pit is indicative of the potential environmental mixing and matching that can occur with mining.... 

PNG LNG delivering economic promises - Oil Search

By: Esmarie Iannucci     14th May 2018 ASX-listed Oil Search has maintained that the Papua New Guinea liquefied natural gas (PNG LNG) project has been beneficial to the region, despite reports suggesting otherwise. Social justice advocates Jubilee Australia has claimed that the PNG LNG project has caused increased violence in PNG as... 

South Africa views itself as ‘collateral damage’ in global trade war

By: Terence Creamer     2nd May 2018 Department of Trade and Industry (DTI) believes South Africa has become “collateral damage in the trade war of key global economies” after the country was excluded from a list of countries exempted from tariffs imposed by the US on steel and aluminium imports. While insisting that the country... 

Here's how the EU will punch back against Trump trade tariffs

By: Bloomberg     30th April 2018 President Donald Trump will decide by midnight Monday if the US will slap permanent aluminum and steel tariffs on the European Union, inflaming trans-Atlantic tensions and raising the chances of a global trade conflict. Washington imposed a 25% tariff on steel and 10% on aluminum products on... 

On-The-Air (27/04/2018) 

By: Martin Creamer     27th April 2018 The imminent opening in Johannesburg of the exciting new Mandela Mining Precinct is a major boost for badly needed research and development. This month’s rapid-fire announcements of the widespread new use of fuel cells globally is great news for South Africa’s struggling platinum mining... 

Fuel cell frenzy as cars, plants deploy platinum to protect environment

By: Martin Creamer     26th April 2018 Hyundai has just launched its new Nexo fuel cell car in South Korea, pre-orders for which exceeded expectations, Honda last month launched the new 2018 Clarity fuel cell car, Doosan Fuel Cell America has cut the ribbon on three 460 kW fuel cells at the Waterbury Pollution Control Authority in... 

Bluebird reports ongoing progress at South Korea mines

By: Anine Kilian     16th April 2018 Asia-focused Bluebird Merchants has commissioned a water-treatment plant at the Gubong mine, in South Korea. The plant will ensure that water being released from the mine, which Bluebird plans to reopen, meets acceptable standards. 

LG Chem cobalt deal sets tone for battery cathode market

By: Henry Lazenby     12th April 2018 A new deal by Korean battery manufacturer LG Chem and China’s Huayou Cobalt is expected to set the tone for the lithium-ion battery cathode market. The two partners have announced a significant deal worth about $440-million to build a 40 000 t/y lithium-ion battery precursor materials plant and a... 

Developing New Manufacturers

9th April 2018 Advancement in machine learning and industrial innovations vital to boosting South Africa’s manufacturing sector. Following the 2008 financial crisis, which caused many industrial sectors around the globe to dwindle, South Africa’s manufacturing industry experienced a similar downturn and almost... 

World's top iron shipper says China import boom to level off

By: Bloomberg     9th April 2018 The world’s largest iron-ore exporter delivered a mixed message on the outlook, raising near-term price forecasts, but combining that revision with a more somber message that China’s gargantuan imports are set to level off as steel production eases in the coming years. Iron-ore will average... 

Dormant Swedish mine comes alive in rush for car batteries

By: Bloomberg     6th April 2018 The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life. Woxna, situated about 259 km north of Stockholm, was mothballed in 2001 amid a slump in prices. Now, a Canadian company... 

Bluebird completes farm-in expenditure at Gubong

By: Creamer Media Reporter      3rd April 2018 Asia-focused Bluebird Merchant Ventures last week executed a formal joint venture (JV) agreement with Southern Gold for the Gubong mine, in South Korea. This follows the completion of the required farm-in expenditure of $500 000 at the mine. 

Pilbara welcomes Posco as strategic investor

By: Esmarie Iannucci     3rd April 2018 South Korean steelmaker Posco has acquired a 4.57% stake in ASX-listed Pilbara Minerals, contributing some A$80-million to the company’s balance sheet. The deal, initially announced in February, woul establish a long-term strategic offtake and joint venture (JV) relationship between the two... 

Petrol autocatalysts, fuel cells seen driving automotive platinum demand in future

By: Nadine James     30th March 2018 Multidisciplinary research team Afriforesight expects that future platinum demand will rely heavily on the successful uptake of fuel cells as well as petrol autocatalyst manufacturers switching from palladium-based to platinum-based coatings. Afriforesight chief chrome and platinum group metals... 

Rio Tinto sees iron-ore market staying balanced through 2019 – exec

By: Reuters     23rd March 2018 Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world's biggest steel consumer, a senior executive said on Friday. "I think the iron-ore market is pretty well balanced...We don't see remarkable change in... 

Trump temporarily excludes EU, six other allies from steel tariffs

By: Reuters     23rd March 2018 US President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher US import duties on steel and aluminum meant to come into effect on Friday. In a Presidential proclamation published late on Thursday, Trump said he would suspend... 

The lithium sector surge is poised to ignite a deals bonanza

By: Bloomberg     21st March 2018 The tripling in lithium prices over three years is poised to fuel a multi-billion dollar rush of deals as major players jostle for dominance to supply the metal needed for the electric vehicle battery revolution. China’s expected to lead a mergers and acquisition bonanza as companies seek to... 

Battery makers descend on Australia, Canada cobalt developers

By: Reuters     19th March 2018 Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up. Mine developers say interest from Japanese and Korean firms is particularly... 

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