R/€ = 19.9922 Change: 0.1376
R/$ = 18.5656 Change: 0.0496
Au 1940.10 $/oz Change: -38.67
Pt 972.21 $/oz Change: -11.90

Darren Parker

Darren Parker

Darren Parker is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Merafe seeks to shield business from electricity price hikes

20th March 2023 Ferrochrome company Merafe is considering proposals for the construction of renewable energy facilities and is in discussions with power utility Eskom to secure a negotiated pricing agreement (NPA) to mitigate against unsustainable high electricity costs, the JSE-listed company reported on... 

Rand Refinery CFO urges for greater localisation in jewellery industry

20th March 2023 The gold and silver beneficiation industry needs stronger localisation laws to protect local economic development of small-, medium- and micro-sized enterprises (SMMEs) who participate in the sector, says precious metals refiner Rand Refinery CFO Dean Subramanian.  He was speaking at a ceremony... 

Government not working enough with private sector to address challenges

17th March 2023 There has been insufficient meaningful interaction between government and the private sector, which has contributed significantly to the economic hardship that South Africa currently faces, according to Business Unity South Africa CEO Cas Coovadia. “We are getting to a stage where we've got to... 

Renewables, clean energy technologies limit carbon emissions amid global energy crisis

17th March 2023 Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’ report, which is the first in a new series called the ‘Global Energy Transitions Stocktake’, shows that... 

Mining services company reports third consecutive year of growth

16th March 2023 Global mining services company Capital has announced a third consecutive year of material growth. The company's revenue for the 2022 financial year amounted to $290.3-million, a 28% increase from 2021, and at the upper end of its revised guidance of $280-million to $290-million. Earnings before... 

NUM opposes Amplats’ ‘migration’ from MHSA to OHSA

14th March 2023 The National Union of Mineworkers (NUM) has condemned platinum group metals miner Anglo American Platinum’s (Amplats’) “migration” from the Mine Health & Safety Act (MHSA) to the Occupational Health and Safety Act (OHSA) at some of its operations, calling it unlawful. The union states that... 

Madison Metals using NFTs to open up new uranium trading opportunities

13th March 2023 Canadian uranium explorer and miner Madison Metals has launched what CEO Duane Parnham believes is the first ever uranium-backed nonfungible token (NFT). NFTs are digital assets defined by unique digital identifiers that are recorded in a blockchain. The company hopes it can get retail buyers to... 

MC Mining appoints new nonexecutive directors

10th March 2023 JSE-listed coal exploration, development and mining company MC Mining has announced the appointment of Yi Christine He as nonexecutive director. She has a bachelor’s degree in English literature from Sichuan University and more than 20 years’ experience at senior management level. Her broad... 

Weak tin supply growth forecast for the rest of the year

10th March 2023 Tin mine supply will continue to grow this year, albeit very weakly, according to a global tin mining outlook report issued by research organisation Fitch Solutions Country Risk & Industry Research on March 9. “Despite the fall in prices compared with the highs reached after the Russian invasion... 

Power Metal's planned IPOs delayed

10th March 2023 Metals mining company Power Metal announced on March 10 that its planned initial public offerings (IPOs) are taking longer than expected. In a strategic update, the company cited extensive preparatory work in the pre-IPO process, the need to complete work in all vehicles to enable immediate and... 

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