R/€ = 18.1832 Change: 0.0350
R/$ = 17.3401 Change: 0.0051
Au 1771.89 $/oz Change: 0.80
Pt 983.50 $/oz Change: -7.50


Glencore says this time is different for coming copper shortage

By: Bloomberg     6th December 2022 Glencore added its voice to a chorus of miners warning of coming copper shortages, arguing that a “huge deficit” is looming for the crucial industrial metal. CEO Gary Nagle said that while some people were assuming that the industry would lift supplies as it had in previous cycles to meet a... 

Transnet sees South African coal exports as being safer on diesel trains

By: Bloomberg     5th December 2022 South Africa’s State-owned port and rail company Transnet proposed switching to diesel trains to avoid disruptions to coal exports caused by the theft of power cables that disable electric locomotives. At least 1 500 km of cable was stolen in the current financial year, according to Transnet CEO... 

Copper’s biggest mystery is finally cracking

By: Bloomberg     28th November 2022 The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10 000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to... 

Sandvik's battery electric range paves route to mine of the future

23rd November 2022 Sandvik has long been a leading innovator in mining technology, and the launch of its battery electric vehicles now brings opportunities previously only dreamed about by the mining sector. Speaking recently at the Electra Mining Africa exhibition in South Africa, Sandvik vice-president strategy... 

ZAC golfing-for-good raises record funds for charity

23rd November 2022 Suppliers and other participants of Zululand Anthracite Colliery’s (ZAC’s) 2022 Golf Day raised a record of R310 000 in support of community development initiatives. In 2021 and 2020, the event raised R250 000 and R300 000 respectively.  On 16 November 2022, Zululand Anthracite Colliery (ZAC)... 

Specialised antennas ensure connectivity in mine tunnels

By: Nadine Ramdass     4th November 2022 Telecommunications equipment supplier Poynting Antennas offers locally designed antennas to ensure robust connectivity in various industries, including openpit and underground mining. The company prioritises quality and performance in the design and manufacture of antennas that are suitable for... 

IDC increases stake in green aluminum producer 

By: Martin Creamer     31st October 2022 South Africa’s Industrial Development Corporation (IDC) has increased its shareholding in Mozambique’s Mozal Aluminium to 32.45%. Prior to this transaction, State-owned IDC held 24% equity in the hydropowered aluminium smelter, which is located 20 km west of Maputo, in Beluluane industrial park. 

Solutions provider takes on mining projects

By: Sabrina Jardim     28th October 2022 Global water technology company Xylem Water Solutions has taken up various openpit dewatering projects and continuously engages in projects for openpit mines. These include application discovery, engineering, supply, installation, commissioning, operation and servicing projects. 

SA to host Google’s first Cloud region in Africa

By: Natasha Odendaal     21st October 2022 Google plans to establish a new Google Cloud region in South Africa – its first on the continent – which will help users, developers, businesses and educational institutions across Africa to transition more information and tools online and improve access options for customers. The move forms part... 

Offshore wind farms a potential energy source

By: Leah Shelene Asaram     7th October 2022 Offshore wind farms have received less attention in the transition to net zero, primarily owing to technology barriers linked to higher capital costs and the lesser adoption of the technology, says University of Pretoria (UP) former master’s student and current engineering unit manager Sibusiso... 

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