R/€ = 18.16 Change: 0.11
R/$ = 15.07 Change: 0.05
Au 1746.58 $/oz Change: -21.95
Pt 1216.00 $/oz Change: -2.00


Test mine study under way for Fourth Industrial Revolution try-outs  

By: Martin Creamer     24th February 2021 A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering... 

DRC mining to be highlighted at event

5th February 2021 Mining in the Democratic Republic of Congo (DRC) will feature prominently during virtual trade and investment entity Canada-Africa Chamber of Business’ twenty-second yearly African Mining Breakfast and in mining investment company MineAfrica’s nineteenth Investing in African Mining Seminar on... 

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... 

Northern Dynasty to pursue Pebble appeal with vigour - CEO

By: Creamer Media Reporter      17th December 2020 Northern Dynasty, the Canadian company that owns the contentious Pebble project, in Alaska’s Bristol Bay, will in January submit its request for an appeal of the US Army Corps of Engineers’ (USACE’s) negative record of decision (RoD). The company said on Thursday it would argue that the USACE’s... 

Contango sees potential to develop larger-than-expected operation in Mali

By: Creamer Media Reporter      15th December 2020 An independent technical report on LSE-listed Contango Holdings' Garalo project, in Mali, has determined a potential gold resource of 1.8-million ounces, at an average grade of 1 g/t. This is about 460% higher than a previous estimate, Contango reported on December 15. 

MACA makes a A$175m offer for Mining West

By: Esmarie Iannucci     15th December 2020 Mining services provider MACA has struck a A$175-million deal with fellow lited Downer EDI to acquire its Mining West business unit. The acquisition would cover all assets, contracts, employees and liabilities comprising the Mining West business, which currently include four large contracts at... 

Hunt on for ‘tens of billions’ more, as ABB agrees to repay R1.56bn to settle corrupt Kusile contract

By: Terence Creamer     11th December 2020 Eskom and the Special Investigating Unit (SIU) announced on Friday that an agreement had been reached with ABB South Africa in terms of which the multinational technology group would repay R1.56-billion to the State-owned utility to settle an overpayment dispute relating to a corrupt Kusile... 

International Women in Mining launches newest edition of mentoring programme

By: Marleny Arnoldi     7th December 2020 Gender equality nonprofit organisation International Women in Mining (IWiM) has announced the launch of its 2021 International Women in Resources Mentoring Programme (IWRMP) in collaboration with organisational specialist Metisphere. The programme seeks to actively empower women in the mining... 

DRC’s President H.E Félix Tshisekedi confirmed to deliver the keynote address at Mining Indaba Virtual

By: Creamer Media Reporter      5th December 2020 Investing in African Mining Indaba (Mining Indaba), part of Hyve Group Plc is delighted to announce the first line-up of keynote speakers for Mining Indaba Virtual, which will be held on 2-3 February 2021. Mining Indaba is renowned for offering a high calibre of speakers, and 2021 is no... 

Mines keen to embrace renewables for on-site energy

3rd November 2020 Renewable energy is showing its potential contribution to power generation on mines, with keen interest in South Africa and Australia; the pace of take-up in the two countries, however, has been quite different. 

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