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Press Office - Weir Minerals Pumps
- http://www.weirminerals.com
- Email: sales-za@weirminerals.com
- Telephone: +27 11 617 0700
Weir Minerals is committed to delivering market-leading products and services. Our whole project, whole process solutions are designed to meet both the technical and commercial challenges of customers operating within the global mining and minerals processing industry. Weir Minerals delivers end-to-end solutions for all mining, transportation, milling, processing and waste management activities. We are specialists in delivering and supporting a wide range of slurry equipment solutions, including pumps, valves, hydrocyclones, wear-resistant linings and de-watering products.
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Coal price expected to average $100/t as China turns to South Africa for coal 
By: Martin Creamer 15th January 2021 China is buying South African coal at a time when analysts are forecasting a buoyant average coal price of $100/t for the first half (H1) of 2021. The purchase of South African coal by China follows Chinese relations with Australia deteriorating last year and imports of coal from Australia being... →
World’s biggest platinum miner makes another bold call on prices
By: Bloomberg 15th January 2021 The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years as the global economy recovers and supply dwindles. That forecast comes as demand for platinum-group metals has already rebounded to pre-pandemic levels, Sibanye Stillwater CEO... →
West Africa-focused Capital continues to build regional platform
By: Simone Liedtke 14th January 2021 West Africa remains a growth area for LSE-listed Capital, which continues to build its platform in the region, with new rigs arriving during the first quarter of the year, as well as the long-term contract secured with Firefinch in Mali and an expansion of operations into Guinea. As the new year... →
South African stocks resume climb as Anglo leads miners higher
By: Bloomberg 13th January 2021 South Africa’s main stock index gained 0.5% as of 9:49 a.m. in Johannesburg, heading for a fresh record close, as mining stocks benefited from optimism over US stimulus spending that could spur an economic rebound and boost demand for metals. The FTSE/JSE Africa All Share Index resumed its... →
Steinmetz’s bribery trial starts a fresh chapter of mining saga
By: Bloomberg 8th January 2021 Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday in the latest chapter of a legal saga that’s dogged the Israeli businessman’s gamble on a multibillion-dollar mine. Steinmetz and two businesspeople are accused of paying the wife of Guinea’s deceased former president... →
The little-known laws that could galvanise South Africa's fight against corruption
By: News24Wire 8th January 2021 After more than 300 days and 2 000 hours of testimony, one of the clearest takeaways from the ongoing state capture inquiry is a repeated failure to report corruption. But according to lawyer Nick Alp of Webber Wentzel, South Africa's laws are clear and strict. Not reporting knowledge of, or even... →
US company planning at least 500 hydrogen fuelling stations in next 3 to 5 years 
By: Martin Creamer 7th January 2021 The creation of a minimum of 500 fuelling stations to provide hydrogen to mainly trucks powered by platinum-catalysed hydrogen fuel cells is planned by a US company in the next three to five years. “We believe that everyone will be within a couple of miles of a hydrogen fuelling station in the... →
Rainbow completes drilling at Phalaborwa rare earths project
By: Tasneem Bulbulia 7th January 2021 Aim-listed Rainbow Rare Earths has completed an auger drilling programme at the Phalaborwa rare earths project, in South Africa. The programme was aimed at delivering an inferred Joint Ore Reserves Committee-compliant resource classification, within the 35-million-tonne gypsum stacks. →
Zimbabwe’s Kuvimba seeks $1bn for 2021 acquisitions, capex
By: Bloomberg 7th January 2021 A mining company majority owned by the Zimbabwe government and whose profits will partly be used to compensate former white commercial farmers for land confiscated two decades ago intends to raise $1-billion for acquisitions and capital expenditure. Kuvimba Mining House, in which the government... →
Gold outperformed many traditional reserve assets in 2020, says WGC
By: Donna Slater 7th January 2021 Gold outperformed many other traditional reserve assets in 2020, giving central banks additional firepower to stabilise markets and currencies, says World Gold Council market intelligence manager Krishan Gopaul. He adds, however, that central bank demand has become more variable in recent... →
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