R/€ = 18.96 Change: 0.18
R/$ = 16.27 Change: 0.12
Au 1880.38 $/oz Change: -0.44
Pt 846.30 $/oz Change: -25.23

Creamer Media Reporter

Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email:

Gold ETFs surpass 1 000 t of new demand this year

8th October 2020 Gold-backed exchange-traded funds (ETFs) and similar products recorded their tenth consecutive month of net inflows in September, reports the World Gold Council (WGC). Gold ETF holdings increased by 68.1 t or 2% of assets under management (AUM) despite gold’s worst monthly price performance since... 

Engineers laud Multotec’s popular online training

8th October 2020 Restrictions on personal movement due to the Covid-19 lockdown have not stopped the learning process in the mining industry with Multotec seeing unprecedented numbers attending its online training in recent months. For Wilna Hoffmann, business development manager at Multotec Process Equipment,... 


8th October 2020 BEKA Schréder is excited to announce the launch of the OMNISTAR MICRO and MINI. Together with the MIDI and MAXI, the OMNISTAR family is now complete.   This LED floodlight range is available in the standard stirrup mount version and an optional pole mount version. This versatility makes it... 

Lithium demand seen doubling in next four years

7th October 2020 Demand for lithium is expected to more than double by 2024, as the production of electric vehicles (EVs) batteries is set for substantial growth, says data and analytics company GlobalData. Demand for lithium is expected to rise at a 25.5% compound annual growth rate, from a forecast of 47 300 t... 

Introducing PIOX: the durable flow measurement solution for harsh industrial applications

7th October 2020 Reliable flow monitoring is the cornerstone of any successful minerals processing operation. Having real-time, accurate insight into your process is critical, and FLEXIM’s latest solution, PIOX S, offers just that. PIOX S realises accurate and continuous flow, density, and concentration... 

Petra, NUM conclude one-year wage deal

6th October 2020 Diamond miner Petra Diamonds reports that it has concluded a one-year wage agreement with the National Union of Mineworkers (NUM). This applies to its South African operations for the financial year to June 30, 2021. The Company will make a once-off, ex gratia payment at the end of November 2020... 

Skeena and Barrick wrap up Eskay Creek sale

5th October 2020 Junior miner Skeena is now the full owner of the Eskay Creek gold/silver project, in the Golden Triangle of north-west British Columbia. The company said on Monday that it concluded a transaction to buy the asset from gold major Barrick. 

Vale restarts Viga plant

5th October 2020 Brazilian miner Vale has restarted its Viga concentration plant, in Minas Gerais, after a judge on Thursday lifted an order that had suspended operations at the plant. Operations were halted for six days, while the company addressed issues relating to its operating permit. 

Caterpillar buys Weir’s oil and gas unit for $405m

5th October 2020 NYSE-listed Caterpillar on Monday announced the $405-million cash acquisition of the oil and gas division of global engineering group Weir. Headquartered near Fort Worth, Texas, Weir’s oil and gas division produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control... 

Wallbridge raises C$63.8m in bought deal

5th October 2020 Toronto-listed Wallbridge Mining has completed a C$63.2-million capital raising, the proceeds of which will be used for continued advancement of the Fenelon gold project, in Quebec. The company issued 55.5-million common shares at C$1.15 a share on a bought deal basis for C$63.8-million. This... 


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