R/€ = 17.10 Change: -0.04
R/$ = 16.34 Change: -0.05
Au 1791.09 $/oz Change: -23.93
Pt 884.50 $/oz Change: -32.00


Mine haulage transition to electric offered without disruption   

By: Martin Creamer     Updated 2 hours 14 minutes ago If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... 

£40m financing opened new chapter for Cornish Metals

By: Mariaan Webb     27th June 2022 The completion of the £40-million financing, including an investment by Vision Blue Resources, last month has opened a new chapter for TSX-V and Aim-listed Cornish Metals, which plans to reopen the historic South Crofty tin mine, in the UK. The company aims to advance South Crofty to a... 

High-purity manganese facing phenomenal demand growth, PDAC hears 

By: Martin Creamer     24th June 2022 The commitment of at least six major motor companies to manganese-based batteries for battery electric vehicles (BEVs) is elevating the demand outlook for high-purity manganese phenomenally, a Prospectors & Developers Association of Canada (PDAC) conference has been told. CPM Group lead manganese... 

Testing of electric minibuses in SA conditions to start in Stellenbosch early next year

By: Irma Venter     24th June 2022 GoMetro has convened a project team consisting of companies and researchers to test the first electric minibus in South African conditions by January next year. GoMetro, a global mobility management technology company with its head office in Cape Town, has collected data on taxi operations across... 

Rising recession fears push copper to 16-month low

By: Reuters     23rd June 2022 Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals. Benchmark copper on the London Metal Exchange (LME) was down 2% at $8,595 a tonne in official trading after touching its... 

Silver Hammer CEO excited by discovery potential of its past-producing mines

By: Mariaan Webb     22nd June 2022 There is an adage that says the best way to find a new mine is to look in the shadow of the headframe of an existing or historic mine. That is exactly what junior resources company Silver Hammer is doing in the US, where it owns assets in some of the best silver-mining districts. The exploration... 

Trudeau’s energy chief unveils low-carbon industrial strategy

By: Bloomberg     22nd June 2022 Canada is launching an industrial strategy for its natural resources, with critical mineral infrastructure, hydrogen production and other low-carbon projects set to be a major focus. The strategy, formally known as the Regional Energy and Resource Tables, will see Prime Minister Justin Trudeau’s... 

European fund for critical minerals projects to launch next year

By: Reuters     17th June 2022 A European fund to invest in critical minerals needed for a transition to zero carbon emissions is seeking billions of euros of public and private money for a launch early next year, an official working with an EU initiative on the project said. Europe and the United States have been scrambling... 

Scania sees up to 15% growth in local extra-heavy market as demand rises

By: Irma Venter     17th June 2022 Scania Southern Africa MD Erik Bergvall says he expects the extra-heavy truck market in South Africa to grow by between 10% and 15% this year, with Scania to reflect the same upward momentum. Bergvall was appointed as the new head of Scania Southern Africa at the end of last year. He has spent 15... 

Alamos announces GHG emissions reductions target

By: Creamer Media Reporter      14th June 2022 Canadian intermediate miner Alamos Gold will aim to reduce absolute greenhouse gas (GHG) emissions by 30% by 2030, from the 2020/21 average baseline year. This includes Scope 1 and Scope 2 emissions. The company, which operates three mines in North America, notes that its GHG emissions intensity... 

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