R/€ = 19.21 Change: -0.06
R/$ = 16.20 Change: 0.01
Au 1901.55 $/oz Change: -17.33
Pt 901.50 $/oz Change: 10.24


Glencore empowers local women’s organisation in the fight against COVID-19

6th October 2020 COVID-19 has presented the country with immense challenges and Glencore has adapted their existing social investment programmes to address the changing social needs of communities caused by the pandemic. With many small businesses having taken a hard knock due to the impacts of the Covid-19... 

Western Australian salt project gets federal backing

By: Esmarie Iannucci     25th August 2020 The federal government has awarded ASX-listed BCI Minerals Major Project status for its Mardie salt and potash project, in Western Australia. Major Project status provides companies with extra support from the Major Projects Facilitation Agency, including a single entry point for Commonwealth... 

Kazatomprom to keep production curtailments

By: Mariaan Webb     19th August 2020 Uranium major Kazatomprom would continue flexing down production by 20% through 2022 to help the market recover from a “long period of oversupply”, CEO Galymzhan Primatov announced on Wednesday. “We are simply not seeing the market signals and fundamental support needed to ramp up mine... 

Galiano appoints new COO

By: Creamer Media Reporter      17th August 2020 Ghana-focused Galiano Gold, formerly Asanko Gold, on Monday announced the appointment of Matt Badylak as executive VP and COO with immediate effect. He would be based in the company's head office in Vancouver. The appointment follows the recent death of former COO Josephat Zvaipa, who died... 

Positive metals markets to drive ERG’s asset development

By: Mamaili Mamaila     14th August 2020 Diversified resources producer Eurasian Resources Group’s (ERG’s) portfolio of copper and cobalt assets in Africa, particularly those in the Democratic Republic of Congo (DRC), are key to its long-term development plans, and the current copper and cobalt market dynamics support its ambitions. 

Total oil, gas drill rig arrives in Cape Town

By: Marleny Arnoldi     12th August 2020 Mineral Resources and Energy Minister Gwede Mantashe has welcomed the arrival of the DeepSea Stavanger oil and gas drill rig, in Cape Town, which has been commissioned by petrochemicals company Total. Total and its partners will drill the Luiperd prospect in Block 11B/12B off the Mossel Bay... 

The dilemma of Covid-19’s second wave

By: Bloomberg     25th July 2020 Shuttering businesses, grounding airlines and ordering people to stay home was hard enough the first time. The thought of having to do it all over again is something world leaders don’t want to even contemplate. From Italy to New Zealand, irrespective of how well the virus was contained,... 

New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci     26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... 

Engineering company exploits gap in market

By: Mc'Kyla Nortje     10th April 2020 South Africa-based foundry and engineering company Thos Begbie sales engineer Esli Bantjes explains that the shortage of capital in South Africa has forced mining companies to cut back on retaining full-time maintenance crews, instead outsourcing this critical service when necessary. This has... 

Cell C expresses turnaround optimism as initiatives bear fruit

By: Natasha Odendaal     10th April 2020 With a stronger second-half performance during the year  ended December 31, embattled telecommunications operator Cell C is confident its turnaround strategy is starting to bear fruit. The operator, which implemented a turnaround strategy in March last year, says it is now an operationally sound... 

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