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Carmakers urged to invest in mines to avoid battery metal pinch
By: Bloomberg 11th May 2020 Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments. An already tough environment to raise project finance for the mines is being made worse by the... →
Siemens ready to help Africa with digitalisation challenges
By: Shannon de Ryhove 5th May 2020 The effects of digitalisation are different worldwide, and Africa is no exception. German multinational Siemens senior VP for Digital Industries in Southern and Eastern Africa Ralf Leinen says that, for the first time, Africa has an opportunity to use smart technology to transform entire... →
Gold likely to rise as global Covid-19 restrictions start to ease
By: Donna Slater 24th April 2020 Financial services company INTL FCStone Europe, the Middle East, Africa and Asia market analysis head Rhona O’Connell says the majority of precious metals have moved into uncertain territory, with future trends difficult to predict as Covid-19 disrupts international buying and selling markets.... →
Policies can assist OEMs with Africa’s automotive market
By: Khutso Maphatsoe 10th April 2020 Africa needs to have policies and incentives in place to help original-equipment manufacturers (OEMs), such as German automotive manufacturer Volkswagen (VW), gain access to the automotive market in Africa, says Deloitte Africa automotive industry leader Martyn Davies. Polices include the... →
Manufacturer pursues innovative ways to improve efficiency
10th April 2020 Multinational automotive manufacturer Ford Motor Company's Struandale Engine Plant in Port Elizabeth has been pursuing innovative systems and technologies to improve the efficiency of its manufacturing operations, while reducing its impact on the environment in terms of water use, electricity... →
Covid-19 a wake-up call on import overdependence – Madala
By: Martin Creamer 10th April 2020 The outbreak of Covid-19 internationally should be a wake-up call on the impact of South Africa’s dependency on imported products, Madala & Associates CEO Dilley Naidoo said on Friday. He urged that policies parallel to what was being implemented in the automotive sector should be prioritised in... →
Mitsubishi unpacks movement of PGM markets amid lockdowns
By: Marleny Arnoldi 27th March 2020 Mitsubishi Corporation International (MCI) says in its latest precious metals update that it expects South Africa’s platinum supply to reduce by around 7%, or by between 200 000 oz and 300 000 oz, in light of closed operations during South Africa’s 21-day national lockdown. The announcement by... →
Transnet scales back to only essential services, operations
By: Simone Liedtke 27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... →
BHP is world’s most valuable mining brand, but loses strongest title to Rio Tinto
By: Creamer Media Reporter 12th March 2020 Global mining group BHP has retained the title of the world’s most valuable mining, iron and steel brand, despite recording a 3% drop in brand value to $5.8-billion. This is according to the latest report by brand valuation consultancy Brand Finance, which highlights that BHP’s brand value was... →
Explosion closes Amplats plant, Sibanye plans using own facilities 
By: Martin Creamer 6th March 2020 Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) has been dealt a major output blow at a time of sky-high palladium and rhodium prices and high PGM basket prices. The JSE-listed company, which last month reported spectacularly high financial results that... →
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