R/€ = 18.9394 Change: 0.0257
R/$ = 17.6593 Change: 0.1827
Au 1866.49 $/oz Change: -4.50
Pt $/oz Change:


Mining countries being helped to build critical mineral supply chains

By: Martin Creamer     Updated 3 hours ago The United States of America wants to support mineral producing countries to build enabling environments for investment throughout the critical minerals supply chain and not just focusing on extraction alone. This was stated by US Under Secretary of State for economic growth, energy and... 

Modernising SA’s mineral extraction sector through research development and innovation 

By: Simone Liedtke     Updated 5 hours ago The Mandela Mining Precinct (MMP), will again this year form part of the South African Pavilion at the “Investing in African Mining” Indaba exhibition, jointly with the  Department of Science and Innovation. Together with other State-owned entities, it will be creating awareness of investment... 

SRK Consulting focusing on clients' success, not just own growth 

By: Simone Liedtke     Updated 5 hours ago With several African countries currently the source of key minerals, and potentially hosting other minerals, engineering consultancy SRK Consulting newly appointed MD Andrew van Zyl expects the demand for key minerals to continue supporting the ongoing development of both the continent, and the... 

Methano Group advances goal of becoming leading EPCM firm in Africa 

By: Simone Liedtke     Updated 5 hours ago Multidisciplinary engineering, procurement and construction management (EPCM) firm Methano Group is in the late engagement stage with its strategic partners in setting up offices in Southern Africa Development Communities (SADC) countries, such as Zambia. This, says group CEO Sereme Maphaka, will... 

Appea pleads its case ahead of federal Budget

By: Esmarie Iannucci     6th February 2023 The Australian Petroleum Production & Exploration Association (Appea) has called on the federal government to use its 2023-24 Budget to encourage investment in new gas supply and emissions reduction measures to put sustained downward pressure on gas prices, help deliver energy security, and... 

Exxaro recognised in Bloomberg Gender Equity Initiative for fourth year

By: Schalk Burger     3rd February 2023 Diversified miner Exxaro Resources has been recognised in the 2023 Bloomberg Gender Equity Initiative (GEI) – its fourth consecutive year of being recognised.  The group says it is a testament to its gender equality and inclusion. 

Decision on class action proceeding against Anglo now in High Court’s hands

By: Marleny Arnoldi     3rd February 2023 Law firm MBM Law has confirmed the conclusion of an eight-day hearing in the South African High Court to determine whether a class action lawsuit against diversified miner Anglo American can proceed.  The parties expect to hear the court’s verdict and next steps of the proceedings in a few... 

Seriti Green raises need for Africa to appraise vanadium as electricity storage battery metal  

By: Martin Creamer     3rd February 2023 Wind farm builder Seriti Green, which is planning substantial electricity storage capacity at its big renewable energy project in Mpumalanga, has raised the need for vanadium to be appraised as a battery storage metal of choice in Africa owing to the difficulties of sourcing lithium batteries.... 

Thungela diversifying with Australian coal mine acquisition

By: Tasneem Bulbulia     3rd February 2023 JSE-listed Thungela Resources has entered into agreements to acquire a controlling interest in the Ensham coal mine, an operating thermal coal asset, in Queensland, Australia. Thungela has, subject to regulatory approvals, entered into an agreement with Audley Energy and Mayfair Corporations... 

Implats’ interim earnings steady, despite lower refined output

By: Marleny Arnoldi     3rd February 2023 JSE-listed Impala Platinum Holdings expects its earnings before interest, taxes, depreciation and amortisation (Ebtida) for the six months ended December 31 to remain broadly unchanged from the Ebitda of R24.5-billion reported for the six-month period ended December 31, 2021. The company, which... 

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