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Coal price expected to average $100/t as China turns to South Africa for coal 

By: Martin Creamer     15th January 2021 China is buying South African coal at a time when analysts are forecasting a buoyant average coal price of $100/t for the first half (H1) of 2021. The purchase of South African coal by China follows Chinese relations with Australia deteriorating last year and imports of coal from Australia being... 

Glencore enters partnership with Tre-Altamira to expand satellite monitoring across its TSFs

By: Creamer Media Reporter      15th December 2020 Diversified miner Glencore has entered into an agreement with commercial services provider Tre-Altamira to expand satellite monitoring to more than 110 of its tailings dams worldwide, which Glencore says is the largest industry monitoring agreement to date specifically focusing on tailings... 

King of the Hills jumps final hurdle

By: Esmarie Iannucci     15th December 2020 The Western Australian Department of Mines, Industry Regulation and Safety has approved gold miner Red 5’s mining proposal for the King of the Hills gold mine. Red 5 on Tuesday said that all approvals to start construction of the processing facility is now in place, and the engineering,... 

Partnership approach to tech collaboration at De Beers Venetia underground project

By: Creamer Media Reporter      14th December 2020 Partnership will be the watchword in the technological collaboration between global diamond leader De Beers Group and engineering group Sandvik Mining and Rock Solutions on the Venetia Underground Project (VUP). South Africa’s largest diamond mine, Venetia has been mined as an open pit since... 

NAIF backs Mardie with A$450m loan

By: Esmarie Iannucci     14th December 2020 The Northern Australia Infrastructure Facility (NAIF) has agreed to provide a A$450-million loan to ASX-listed BCI Minerals for its Mardie salt and potash project in Western Australia The A$498-million Mardie salt and potash project is expected to produce more than four-million tonnes of high... 

Horizonte expects to conclude financing by mid-2021

By: Marleny Arnoldi     4th December 2020 TSX- and Aim-listed Horizonte Minerals reports that the Araguaia nickel project, in Brazil, is steadily moving towards construction, with the company having completed the value engineering phase. This phase included improvements made to the plant design and flow sheet to optimise the project’s... 

Hydrogen economy presents considerable opportunities for South Africa, but social compact imperative 

By: Tasneem Bulbulia     6th November 2020 There is considerable potential for South Africa to be a supplier of green hydrogen and leverage its platinum group metals (PGM) resources; however, it is imperative that there is a social compact when building this industry, a panel of speakers noted during independent think tank, the Mapungubwe... 

Bearing isolators faring well in bearings sector

6th November 2020 Bearings distributor BMG tells Engineering News that its Garlock Klozure and Guardian Bearing Isolators have fared notably well subsequent to being introduction to the BMG range of isolators. A bearing isolator is an advanced sealing solution that is used to protect bearings on rotating equipment... 

Tanzania finalising permit for its first rare-earth metals mine

By: Bloomberg     5th November 2020 Tanzania is in the final stages of approving a permit for the country’s first rare earths mine to Australian company Peak Resources as the government seeks a bigger share of revenue from natural resources. The State is also finalising a gold-mining license for another Australian company, OreCorp... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

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