R/€ = 16.98 Change: -0.01
R/$ = 16.53 Change: -0.01
Au 1768.39 $/oz Change: -36.82
Pt 869.50 $/oz Change: -7.40


CTC aims to get ahead of skills lag by working with equipment manufacturers, technology researchers

By: Schalk Burger     4th July 2022 Mining industry training company the Colliery Training Centre (CTC) has established links with various original-equipment manufacturers (OEMs), technology research organisations and employers to enable it to train students and employees on the latest equipment and technologies emerging in the... 

Firering increases stake in Côte d'Ivoire project to 77%

By: Tasneem Bulbulia     4th July 2022 Aim-listed Firering Strategic Minerals has increased its stake in its flagship Atex lithium/tantalum project, in Côte d'Ivoire, from 51% to 77%. The company has acquired 10% of the issued shares in Atex Mining Resources in exchange for 1.16-million shares in the company with a 12-month lock-in... 

Chile plans to raise copper mining royalties and reform tax system

By: Reuters     4th July 2022 Chile's finance minister, Mario Marcel, on Friday introduced a tax reform bill that increases copper mining royalties on companies that produce more than 50 000 t/y and raises taxes on high-income earners to fund the government's proposed social programs and reforms. Chile is the world's top... 

Mine haulage transition to electric offered without disruption   

By: Martin Creamer     1st July 2022 If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... 

Local pumps manufacturer details successes

By: Sabrina Jardim     1st July 2022 Submersible industrial pumps manufacturer Amandla Pumps manufactures and designs its pumps locally, enabling the company to meet specific customer demands. The company has a state-of-the-art machining facility, equipped with computer numerical controlled equipment to accurately manufacture its... 

Gold miner’s journey producing results

By: Tracy Hancock     1st July 2022 After 14 months, South Africa’s largest gold producer by volume, Harmony, is just under halfway through its humanistic transformation journey called ‘Thibakotsi’, which aims to embed a culture of safety across its operations, says investor relations head Jared Coetzer. “The most significant... 

Hino SA restarts production after Durban floods

By: Irma Venter     1st July 2022 Hino South Africa (SA) has restarted truck assembly at its plant in the Toyota Prospecton manufacturing complex, in Durban, following extensive flooding in April. The remainder of the Toyota plant remains in recovery mode. 

South Africans can now order their Ineos Grenadiers online

By: Irma Venter     1st July 2022 South African customers can now order their Ineos Grenadier online, with the starting price for the base model set at R1.41-million.  The vehicle launches as a five-seat sports utility vehicle, with permanent four-wheel drive, two-speed transfer case and centre-locking differential included as... 

Slow but steady

By: Terence Creamer     1st July 2022 Some solid, albeit slow, progress is being made to convert the $8.5-billion offer of concessional climate finance to accelerate South Africa’s transition from coal to renewables and to support workers and communities currently reliant on the coal value chain into project transactions. It has been... 

Batteries and decentralised power seen as key way to boost security of supply

By: Cameron Mackay     1st July 2022 Industry body the South African Energy Storage Association chairperson Mikhail Nikomarov emphasises the importance of a decentralised power system and the benefits it can provide, and how this can be supported using battery energy storage systems (BESS) in the local market. “Energy storage... 

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