R/€ = 16.45 Change: 0.02
R/$ = 14.49 Change: 0.02
Au 1305.43 $/oz Change: 0.74
Pt 857.44 $/oz Change: 21.16


Horizonte reports positive results from Vermelho testwork

By: Creamer Media Reporter      14th March 2019 Metallurgical and smelting test work conducted on dual-listed Horizonte’s Vermelho nickel/cobalt project has returned positive results, confirming the project’s potential to produce high-grade, commercial specification ferronickel from saprolite and transition ore. Vermelho is Horizonte’s second... 

Eskom reform urgent to restore ferrochrome potential 

By: Martin Creamer     12th March 2019 The demise of State power utility Eskom has caused South Africa to lose its optimal position in the lucrative ferrochrome business. Because of Eskom’s decline, unbeneficiated chrome ore exports from South Africa to China have enabled the Asian giant to ascend up the ferrochrome production ladder. 

Merafe declares record dividend on lower profit, higher output

By: Martin Creamer     11th March 2019 Chrome and ferrochrome company Merafe, which on Monday reported lower profit on higher production, has declared a record dividend that represents a distribution of 51% of headline earnings. The ungeared company had net year-end cash of R281-million and the R200-million unsecured, three-year... 

Slurry, thermoplastic valves up for mining task

By: Cameron Mackay     8th March 2019 Engineering consumables and components distributor Bearing Man Group (BMG) will continue to be prominent in the mining sector, as the company’s range of industrial slurry valves are suitable for harsh mining conditions. “BMG’s range of industrial valves, including the butterfly and knife gate, as... 

Sherritt’s Fort Saskatchewan reaches nickel production milestone

By: Creamer Media Reporter      1st March 2019 TSX-listed Sherritt’s Fort Saskatchewan metals refinery has reached a production milestone of producing three-billion pounds of nickel since operations started in 1954. “As one of Canada’s oldest mining companies, we are proud of this important milestone,” said David Pathe, CEO and President of... 

Mining auction changes provide room for growth

By: Khutso Maphatsoe     1st March 2019 Changes in auction rules with regard to mining have led to enhanced participation in the auction process and have provided a fillip for the auction process that has resulted in more mineral blocks being auctioned successfully, says auction house Riley Auctioneers director Kwanele Boltina. These... 

Nornickel expects bigger palladium supply deficit in 2019

By: Reuters     26th February 2019 Norilsk Nickel, the world's largest palladium producer, said on Tuesday tighter emissions regulations in all major markets and flattish primary supply would widen a palladium deficit in 2019. Prices for palladium, chiefly used in emission-curbing auto catalysts, hit a record high in London on... 

EY says Canadian miners can be more optimistic about 2019

By: Mariaan Webb     22nd February 2019 The Canadian mining sector continued to face challenges in the final quarter of 2018, as a Chinese economic slowdown weighed on commodity prices, but advisory firm EY says there is reason to be optimistic for 2019. The EY Canadian Mining Eye index, which tracks the Canadian mining sector... 

Linhleko Projects, FLSmidth partner to boost Waterval chrome production by 20%

By: Nadine James     21st February 2019 Black-owned fabrication and mining installations company Linhleko Projects this week officially launched its cooperation agreement with FLSmidth – a 50/50 profit sharing agreement in which Linhleko uses FLSmidth’s REFLUX Classifier (RC) technology to enhance chrome recovery from... 

Sister companies provide one-stop pump solutions

By: Khutso Maphatsoe     1st February 2019 Sister companies Integrated Pump Technology and Integrated Pump Rentals believe that while their market offerings differ it is their philosophy of providing single-source pump solutions to customers in the mining industry that has led to the significant growth of both in the past four years.... 

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