R/€ = 15.95 Change: -0.01
R/$ = 14.17 Change: -0.02
Au 1275.26 $/oz Change: -3.21
Pt 898.92 $/oz Change: -8.38


Hydrogen and platinum at centre of climate change solution – Anglo   

By: Martin Creamer     11th April 2019 Hydrogen is at the centre of the solution to climate change and platinum, in turn, is at the centre of hydrogen, London-based Anglo American executive head of market development Benny Oeyen emphasised when he spoke to Mining Weekly Online on the sidelines of this week’s Platinum Group Metals... 

From turbines to thermostats: Copper miners eye high-tech demand

By: Reuters     11th April 2019 Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity. That bodes well for the likes of... 

Afarak invests in clean energy at its Mogale Alloys plant

By: Tasneem Bulbulia     29th March 2019 Swedish cleantech company Ripasso Energy on Friday handed over a PWR BLOCK 400-F system, which converts industrial residual and flare gases into electricity, to vertically integrated speciality alloys producer Afarak at its Mogale Alloys processing plant, in Krugersdorp. This is the first such... 

Cummins consolidates business units at new multimillion-rand premises   

By: Tasneem Bulbulia     27th March 2019 Global power company Cummins on Wednesday officially launched the “Power Hub”, its new multimillion-rand premises in the business area of the Waterfall Logistics Precinct, in Waterfall City, in Midrand. The new premises has enabled the company to consolidate its various services and sales... 

Komatsu releases first mining dozer with intelligent Machine Control

By: Creamer Media Reporter      27th March 2019 Komatsu has released the D375Ai-8 “intelligent” dozer, the company’s first mining dozer incorporating its fully integrated intelligent Machine Control system, which delivers proven productivity, efficiency and cost-saving benefits. The 72.9 tonne D375Ai-8 is powered by a US EPA Tier 4 Final... 

Fiat recall leaves palladium buyers bracing for 'supply shock'

By: Bloomberg     14th March 2019 Fiat Chrysler Automobiles’s recall of almost 900 0000 gasoline-fueled vehicles could spur additional demand for the palladium market that’s already reeling from shortages. Replacing the catalytic converters in these vehicles would require an additional 77 000 oz of palladium, said Miguel... 

Hudbay’s Rosemont receives water permit despite opposition

By: Simone Liedtke     11th March 2019 Canadian miner Hudbay Minerals marked a “major milestone” on Friday, when the US Army Corp of Engineers issued a Section 404 water permit for the Rosemont openpit copper project, in Arizona, but activists were quick to voice their opposition. TSX- and NYSE-listed Hudbay said that it expected to... 

RBPlat reopens UG2 shaft, creates UG2 access points at Styldrift  

By: Martin Creamer     6th March 2019 Flexibility is a re-emphasised aspect of platinum group metals (PGMs) mining strategy. Changed demand has resulted in the need to twist and turn quickly to benefit from the rise in prices of metals in the PGM basket. Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri made special mention of... 

Implats plans to build palladium mine in 2021 on bullish outlook

By: Bloomberg     1st March 2019 Impala Platinum (Implats) plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish. Implats, as the second-biggest platinum miner is known, plans to start work on the Waterberg project in South Africa in 2021, CEO... 

Fourteen NGOs oppose LME plans to ban tainted cobalt

By: Reuters     22nd February 2019 Fourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed. Cobalt is a key ingredient in the batteries that power electric vehicles, a... 

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