R/€ = 15.63 Change: 0.02
R/$ = 13.94 Change: -0.04
Au 1403.98 $/oz Change: -11.43
Pt 838.57 $/oz Change: -0.32


Gold spikes to more than 5-year high as Fed signals ready to cut 

By: Bloomberg     20th June 2019 Gold jumped to the highest in more than five years after the US Federal Reserve indicated a readiness to cut interest rates and the dollar tumbled. Gold had a lackluster start to the year but gained momentum this month as investors sought havens amid slowing global growth due to the fallout from... 

Hydrogen offers pathway for lowering hard-to-abate carbon emissions – IEA 

By: Terence Creamer     14th June 2019 Hydrogen and hydrogen-based fuels could help facilitate the decarbonisation of a range of sectors where the pathway for achieving meaningful emission reductions is currently uncertain or difficult, a new global study argues. Released by the International Energy Agency (IEA) at a meeting of G20... 

The Evolution of Design Trends in Industrial Machinery

11th June 2019 The influence of changes in human society and activity has always been the underlying motivation behind major trends in the development of everyday objects, and the trends and changes we’ve witnessed in the fields of industry and industrial machinery are no exception. From the moment the... 

Aura extends Mauritania exploration area

By: Marleny Arnoldi     10th June 2019 Aim- and ASX-listed resource developer Aura Energy has signed a farm-in or joint venture agreement with Nomads Mining Company, based in Mauritania, to extend its position in the Tasiast Archean Greenstone Belt. The agreement allowed Aura to earn a 70% interest in Nomads’ 100%-owned 160 km2... 

Bauba prospecting right accepted, enviro authorisation granted

By: Tasneem Bulbulia     6th June 2019 The Department of Mineral Resources and Energy has accepted JSE-listed Bauba Platinum’s application for a prospecting right in respect of chrome and platinum group metals (PGMs) over the farm Hartebeesfontein 445JQ, in Brits, in the North West. The prospecting right is expected to be granted... 

Bluejay submits Dundas PFS to Greenland authorities

By: Creamer Media Reporter      6th June 2019 Aim- and FSE-listed Bluejay Mining has reached an important step in the permitting process for the Dundas project with the submission of its prefeasibility study (PFS) to the Mineral Licence and Safety Authority of Greenland. The lodgement of the PFS marks the completion of the final module... 

Santos confirms ‘major’ resource at Dorado-2 well

By: Creamer Media Reporter      6th June 2019 Oil and gas major Santos on Thursday announced that the Dorado-2 appraisal well had confirmed a “major” oil and gas resource in the Bedout basin, offshore Western Australia. The well was drilled down-dip about 2 km from the Dorado-1 discovery of July last year, and encountered 85 m of net... 

South Africa turns unlikely haven as gold's rally boosts stocks  

By: Bloomberg     6th June 2019 Donald Trump’s trade offensives against China, Europe and Mexico may be driving the global markets into a frenzy, but the uncertainty is just the fix South Africa’s gold-miner stocks needed. The precious metal posted the biggest seven-day rally since the 2008 financial crisis after investors’... 

South Africa still top seaborne manganese supplier – Jupiter  

By: Martin Creamer     30th May 2019 South Africa remains the leading manganese supplier to the seaborne market, accounting for more than 35% of global production, excluding China, Jupiter Mines chairperson Brian Gilbertson noted in the company’s annual report on Thursday. Australia-listed Jupiter Mines owns 49.9% of Tshipi é Ntle,... 

Xtract appoints Mutupa mining, processing contractor in Mozambique

By: Marleny Arnoldi     29th May 2019 London-listed diversified metals producer Xtract Resources’ shares rose by more than 88% on Wednesday after it announced the conclusion of a collaboration agreement with Mutupa Mining and Processing (MMP) for mining and mineral processing of the company’s Manica hard rock gold deposits, in... 

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