R/€ = 19.7902 Change: -0.0688
R/$ = 18.1471 Change: -0.1563
Au 1977.60 $/oz Change: 7.78
Pt 984.94 $/oz Change: 12.52


Gas future assured in WA - Deputy Premier

By: Esmarie Iannucci     15th March 2023 Gas will continue to play a significant role in the Western Australian energy market, as the state government moved to phase out coal-fired power generation by 2030. Speaking at the AOG Energy expo, Western Australia Deputy Premier Roger Cook said that the work of transition would require... 

Power Metal's planned IPOs delayed

By: Darren Parker     10th March 2023 Metals mining company Power Metal announced on March 10 that its planned initial public offerings (IPOs) are taking longer than expected. In a strategic update, the company cited extensive preparatory work in the pre-IPO process, the need to complete work in all vehicles to enable immediate and... 

Hitachi Construction Machinery and First Quantum Minerals announce zero emission partnership with signing of Letter of Intent

10th March 2023 Hitachi Construction Machinery Co., Ltd. and First Quantum Minerals Ltd today announce that they have entered into a Letter of Intent (“LOI”) to advance the development of sustainable mining solutions at First Quantum’s flagship mining operations in Zambia. A proof of concept (“POC”) will be... 

Climate Council calls for green steel incentives

By: Esmarie Iannucci     9th March 2023 Australia’s Climate Council has called on the federal government to deliver strong policy and incentives to drive the transformation of industry, noting that the production of green metals in the region could be the country’s largest economic opportunity in the global shift towards net-zero... 

Lion Energy secures spot for first hydrogen hub

By: Esmarie Iannucci     3rd March 2023 ASX-listed Lion Energy has signed a heads of agreement (HoA) with the port of Brisbane for its first green hydrogen hub. Lion Energy will build and operate its first hydrogen generation and refuelling hub at the port of Brisbane, with the hub geared towards heavy mobility fleets. Commissioning... 

Refuse-derived fuels helpful in waste management

3rd March 2023 The mining industry at large is embracing change and finding new ways to integrate innovative waste management strategies into its operations. There are various mines mitigating risks by conducting comprehensive environment impact assessments (EIAs) and implementing sustainable solutions for the... 

China’s commodities eye banner year as focus shifts to stimulus

By: Bloomberg     2nd March 2023 Evidence of China’s rapid economic rebound has reignited hopes of a banner year for demand in the world’s top commodities importer. How Beijing chooses to support the recovery at its upcoming annual policy meeting will now be the focus of markets from copper to crude and soybeans. China’s... 

Australian Energy Minister rules out ban on new coal mines

By: Bloomberg     27th February 2023 Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy. “That’s not part of our agenda,” Chris Bowen said when asked directly about the prospects for a ban on the ABC’s Insiders TV program on Sunday. “It won’t be part of those... 

Wake-up call

By: Terence Creamer     24th February 2023 The European Union’s (EU’s) decision to proceed with the implementation of a carbon border adjustment mechanism (CBAM) has serious implications for South Africa and Africa. In terms of an agreement reached in December, the CBAM will be implemented later this year and will initially cover the... 

China coal mine disaster may hit supply as demand recovers

By: Bloomberg     23rd February 2023 A deadly accident at a coal mine in Inner Mongolia could test China’s ability to supply the fuel necessary for its economic recovery. The collapse at an open-pit mine in the Alxa League region left two dead and over 50 missing, according to local media, in what could prove to be the worst... 

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