R/€ = 17.9901 Change: 0.0619
R/$ = 17.2271 Change: 0.0085
Au 1779.22 $/oz Change: 10.80
Pt 1043.00 $/oz Change: 5.40


Marula secures option on graphite licences in Tanzania

By: Marleny Arnoldi     30th November 2022 London-headquartered Marula Mining has entered into a binding head of agreement with Tanzanian miner Kusini Gateway Industrial Park (KGIP) to secure a 73% commercial interest in the Bagamoyo graphite project, in Tanzania. The project extends over 180 ha and comprises 22 granted graphite mining... 

Copper heads for best month since April 2021

By: Bloomberg     30th November 2022 Copper is poised for its biggest monthly advance since April last year, as investors bet China may shift from Covid-Zero policies and boost demand in the top metal-consuming economy. Prices have increased about 8% on the London Metal Exchange in November, snapping seven months of losses. China... 

New high-tech African facility for SEW-EURODRIVE 

30th November 2022 SEW-EURODRIVE South Africa, a specialist in drive and control technologies, moved into its new state-of-the-art 26 000-m2 headquarters complex in Aeroton, Johannesburg, earlier this year. The new complex more than triples the floor and factory space that was available at its previous premises. 

Viking joins Flinders in Canegrass

By: Esmarie Iannucci     30th November 2022 Junior Viking Mines has inked a binding agreement with Flinders Mines to earn up to a 99% interest in the Canegrass battery minerals project, in Western Australia. Under the terms of a farm-in agreement, Viking would acquire the majority interest in the project by spending A$4-million... 

Australia’s platinum pioneer highlighting greenness, mulling smelterless tech  

By: Martin Creamer     29th November 2022 Australia’s platinum group metals (PGMs) pioneer, Podium Minerals, is evaluating the cleanest and greenest mining and processing options that include the possibility of circumventing the need for smelting. The Australian Stock Exchange-listed exploration and resources development company, which... 

Government calls for improved mine safety measures to mitigate the risk of conveyor belt fires 

29th November 2022 By Wynand Marx, CEO at the BBE Group   Conveyor belts used in underground and above ground mining operations to transport bulk solids can often be a leading cause of fire and consequent fatalities and injury.   

Mincor marks progress at Cassini

By: Esmarie Iannucci     29th November 2022 Nickel miner Mincor Resources has marked a key milestone at its Cassini nickel project, in Western Australia, firing and extracting the first production stope. “Firing the first stope from a brand-new operation is a tremendous milestone for the company, marking the culmination of significant... 

MMG mine in Peru resumes copper output; transportation still halted

By: Reuters     29th November 2022 MMG resumed copper production at its Las Bambas mine in Peru after a protest was lifted, a source close to the company said on Monday, but added that transportation of the metal to port remained blocked by a separate conflict. Las Bambas had reduced its operations to 30% of its usual capacity... 

Workers for Chile's Escondida accept BHP's offer and will not strike

By: Reuters     28th November 2022  Workers at Chile's Escondida mine accepted a new offer from BHP and will not move forward with a strike that was planned for November 28 and 30, their union said Monday. "The strike was stopped because last night between 9:00 p.m. and 3:00 a.m., members voted to approve the proposal that... 

China commodities sink as Covid spread, protests worsen outlook

By: Bloomberg     28th November 2022 Commodities sank as China’s Covid outbreak worsened and a series of stunning street protests in cities across the nation threaten to derail economic activity and sap demand for energy and raw materials. Base metals in London and Shanghai dropped, with Chinese copper futures declining as much... 

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