R/€ = 18.3034 Change: 0.0019
R/$ = 17.3544 Change: 0.1768
Au 1797.30 $/oz Change: 0.00
Pt 1028.50 $/oz Change: 0.00


Glencore working on value accretive emission reduction 

By: Martin Creamer     8th December 2022 Over and above the carbon emission reduction that automatically results from declining coal assets, diversified mining and marketing company Glencore is working on reducing its Scope 1 and 2 emissions across its entire portfolio of assets in a manner that is largely value accretive or cost free.... 

Vale looks to close deal with partner for base metals in H1

By: Reuters     8th December 2022 Brazilian mining company Vale is in advanced talks with possible partners for its new base metals investment vehicle and looks to have a deal concluded during the first half of 2023, CFO Gustavo Pimenta said on Wednesday. Pimenta told investors during a meeting at the New York Stock Exchange... 

Rio invests further in renewable energy

By: Esmarie Iannucci     30th November 2022 Diversified major Rio Tinto will invest a further A$600-million million in renewable energy assets in the Pilbara as part of its efforts to decarbonise its Western Australian iron-ore operations. The investment will fund the construction of two 100 MW solar power facilities as well as 200 MWh... 

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... 

Santos reports gas leak and gas sales

By: Esmarie Iannucci     29th November 2022 Oil and gas major Santos has temporarily shut down the Jon Brookes platform, offshore Western Australia, after identifying a gas leak in a subsea flange. The company said on Tuesday that the observation of the leak occurred during routine activities on the normally un-staffed facility. The... 

Komatsu’s electric offering expanded

28th November 2022 Komastu offered a preview into the future of the construction and mining industry, with a huge presence at bauma focused on smart construction and electric machines. The brand’s extensive presence at the event spotlighted nearly 40 pieces of equipment while highlighting Komatsu’s deep... 

Silver heading for multi-decade high deficit in 2022 – report

By: Creamer Media Reporter      28th November 2022 The global silver market is forecast to record a second consecutive deficit in 2022, with a multi-decade supply gap of 194-million ounces forecast as demand is set to rise to a new high this year. According to the Silver Institute’s recently released ‘Interim Silver Market Review’, global demand... 

Caterpillar shows its battery electric mining truck to key customers

By: Creamer Media Reporter      23rd November 2022 NYSE-listed Caterpillar has completed development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar's Early Learner programme. Participants of the programme with definitive electrification agreements include BHP, Freeport-McMoRan,... 

Platinum moving into meaningful deficit amid emergent source of new end-demand 

By: Martin Creamer     22nd November 2022 Platinum is moving into meaningful deficit amid an emergent source of new end-demand in the form of green hydrogen. The 2022 surplus of 804 000 oz is projected to move into a deficit of 303 000 oz in 2023, according to the Platinum Quarterly of the World Platinum Investment Council (WPIC) for the... 

Perenti/ABB partner to decarbonise mining

By: Esmarie Iannucci     21st November 2022 ASX-listed mining services group Perenti has struck a collaboration agreement with global technology company ABB to explore solutions to decarbonise customer’s mining operations. Experts from the two companies will work together to address electrification in mine hauling operations, power... 

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