R/€ = 19.21 Change: -0.10
R/$ = 16.37 Change: -0.17
Au 1875.51 $/oz Change: -28.16
Pt 861.31 $/oz Change: -18.23


Wheaton's shares start trading on the LSE

By: Marleny Arnoldi     Updated 1 hour 42 minutes ago TSX- and NYSE-listed precious metal streaming company Wheaton Precious Metals Corporation has started trading on the LSE main market, effective October 28. CEO Randy Smallwood says Wheaton’s business model offers UK investors a unique and appealing opportunity to gain exposure to precious... 

Caterpillar earnings dive as economy woes deter equipment purchases

By: Reuters     27th October 2020 Caterpillar on Tuesday reported lower quarterly earnings as equipment sales fell across all of its three primary segments, reflecting a slow and uneven recovery in global economic activity from coronavirus lockdowns. The heavy equipment maker reported a third-quarter profit of $1.22 per share,... 

Rush Exhaust Purification

27th October 2020 Rush Exhaust Purification cc primary line of business is catalytic converters (Purifiers) and Diesel Particulate Filters (DPF). Specializing in designing and manufacturing of exhaust systems, diesel particulate filters, water cooling pipes, air filtration systems and turbo intercooler charge... 

SRK Consulting highlights Northern Cape mining potential following Joburg Indaba

By: Simone Liedtke     26th October 2020 The Northern Cape’s potential gained considerable mention at the recent Joburg Indaba mining conference as the prospects of South Africa’s minerals sector start to brighten. “It was encouraging to hear a similar message from major mining companies and juniors alike – that there is still... 

Transnet revamping concessions model to speed up private involvement in rail and ports 

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

World Bank sees slow commodities recovery after virus hit

By: Bloomberg     23rd October 2020 Oil demand could see “lasting impacts” from the coronavirus while modest gains are projected in metals and agriculture prices as commodity markets recover from the shock of the pandemic, according to the World Bank. The World Bank boosted its projections from April for the average oil price in... 

Australia's biggest mining royalty firm Deterra debuts with $1.83bn market value

By: Reuters     23rd October 2020 Deterra Royalties debuted on the ASX on Friday with a market value of A$2.57-billion after being spun off from mineral sands producer Iluka Resources. Deterra, the country's biggest listed mining royalty business, joins Australia's top 200 listed companies after issuing about 528 million shares,... 

Metso Outotec starts operations - partner for positive change for tomorrow’s aggregates, minerals, metals and recycling industries

22nd October 2020 As sustainable processing of the world’s natural resources is becoming a norm within the industries, Metso Outotec is driving the transformation.  Metso Outotec, a unique new company with leadership in sustainable minerals and metals processing and recycling technologies begins its operations... 

Marlink: Mining productivity is always business critical. That’s why you need a trusted network partner

22nd October 2020 The mining industry is about reliability, safety and optimised efficiency. At Marlink, we understand that extreme locations and dangerous environments come naturally to mining operators – and robust, powerful connectivity is a necessity. 

Nkomati Anthracite placed into business rescue

By: Marleny Arnoldi     21st October 2020 JSE-listed investment company Unicorn Capital Partners (UCP) has advised that its subsidiary, Nkomati Anthracite, has entered into business rescue. Daniel Terblanche has been appointed as the business rescue practitioner.  

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