R/€ = 19.21 Change: -0.02
R/$ = 16.95 Change: -0.01
Au 1809.54 $/oz Change: 13.11
Pt 851.94 $/oz Change: 10.77


Trade unions slam Denel management over unpaid salaries, head to court

By: Rebecca Campbell     3rd July 2020 The Solidarity trade union has blasted the South African government and the management of State-owned defence industrial group Denel over their mishandling of the affairs of the company, causing it to be in so bad a condition as to be unable to pay its employees their full salaries. In May, some... 

Colorado rare earths pilot processing plant opens

By: Creamer Media Reporter      12th June 2020 USA Rare Earth, the funding and development partner of the Round Top heavy rare earth and critical minerals project in West Texas, on Thursday announced that it had opened a pilot plant processing facility in Wheat Ridge, Colorado. The plant would be focused, initially, on group separation of... 

Reopening economy is critical, but must be done safely – O’Regan

By: Mariaan Webb     28th May 2020 Canadian Natural Resources Minister Seamus O’Regan has stressed the importance of reopening the economy, but says it has to be done safely with consideration for all Canadians, including those in Indigenous and northern communities. “We must work with Indigenous partners to ensure their concerns... 

ELB shareholders vote in favour of Australian business disposal

By: Marleny Arnoldi     26th May 2020 JSE-listed capital equipment and solutions provider ELB Group will proceed with selling its Australian business, after a majority of shareholders voting in favour of the disposal. The company hosted a general meeting on May 25 for shareholders to vote on the proposed disposal of ELB Australia.  

Council reaffirms industry’s commitment to fighting Covid-19 pandemic  

By: Tasneem Bulbulia     22nd May 2020 The mining industry is at the forefront of work being done to prevent the spread of Covid-19 in the workplace and will be subjected to intense scrutiny; however, it is undertaking adequate measures and responses to the pandemic and believes it is up to the task. The was indicated by industry... 

SpraySAFE Mist Sanitising Safety Tunnel

14th May 2020 In an effort to contribute towards the fight against COVID-19 and get "back to business", Jachris combined over 44 years' experience in the world of Hose & Fittings with over 10 years' experience in the world of Misting Systems to conceptualise, create and commercialise SpraySAFE, an automated... 

Demand, commitments position Canada’s mining sector for success – MAC

By: Tasneem Bulbulia     27th January 2020 Recent commitments to mining, particularly the new Canada-US Joint Action Plan on Critical Minerals Collaboration and the Canadian Minerals and Metals Plan (CMMP), show great promise for the country’s mining sector, Mining Association of Canada (MAC) CEO and president Pierre Gratton said last... 

Medallion seeks sites for rare earth extraction plant

By: Marleny Arnoldi     10th January 2020 TSX-V-listed Medallion Resources has asked international engineering group Stantec to evaluate sites in the US to establish its rare earth element (REE) extraction plant. The high automated plant location will be a modern chemical processing setting with top-tier environmental standards and... 

Eurasia says Monchetundra Flanks application progressing

By: Creamer Media Reporter      17th December 2019 The Russian Ministry of Defence has approved the Monchetundra Flanks application, which precious metals miner Eurasia Mining hails as an important step in obtaining the licence. The Monchetundra project is two predominantly palladium openpit deposits located 3 km away from Severonickel, one of... 

Navigating a hostile road-freight market in South Africa

20th September 2019 Bidvest Panalpina Logistics’ flexible and responsive approach is paying off despite the enormous challenges facing the industry. South Africa’s economy shrank by 3.2% in the first quarter of this year, and the road-freight industry, linked directly as it is to manufacturing and consumer spending,... 

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