R/€ = 20.57 Change: 0.00
R/$ = 17.37 Change: 0.00
Au 1943.72 $/oz Change: -5.15
Pt 938.45 $/oz Change: -17.65


Zeppelin International to utilize Workforce Optimization Solutions from Immersive Technologies

By: Creamer Media Reporter      12th August 2020 Zeppelin International, one of the largest Caterpillar® Dealers in Europe and CIS region, with the support of technology and services from Immersive Technologies, is set to provide comprehensive training for both green and experienced personnel operating a range of Caterpillar truck models within... 

High-flying AngloGold posts colossal free cash surge as it weathers Covid disruption  

By: Martin Creamer     7th August 2020 Gold mining company AngloGold Ashanti on Friday posted a colossal surge in half-year free cash flow generation, most of it coming in the three months to June 30. Free cash flow before growth capital, the metric on which dividends are calculated, rose 376% - or nearly fivefold - to $324-million... 

Savannah restart as early as H1 2021

By: Esmarie Iannucci     31st July 2020 ASX-listed Panoramic Resources has flagged a potential restart of its Savannah nickel project, in Western Australia, in the first half of 2021. Panoramic in April this year temporarily suspended operations at the Savannah project, amid the Covid-19 outbreak, as the pandemic adversely impacted... 

New Coupling to meet LPG Tanker Standard

31st July 2020 As per a Bulletin issued by the Liquefied Petroleum Gas Safety Association of Southern Africa (LPGSASA) and further legislated by the Department of Employment and Labour, Cam-and-Groove type Couplings are no longer permitted for use in gas tanker applications and should be replaced with a... 

Brazilian major Vale piloting electric locomotive

By: Mariaan Webb     29th July 2020 Diversified mining major Vale, in partnership with Progress Rail – part of US group Caterpillar – is developing a new 100% electric, battery-powered switchyard locomotive. The initiative forms part of the iron-ore miner’s strategy of reducing direct and indirect emissions (Scope 1 and 2). The... 

Hastings cuts costs at Yangibana

By: Esmarie Iannucci     29th July 2020 Rare earths developer Hastings Technology Metals has reduced the capital cost expectations at its Yangibana project, in Western Australia, by some A$68-million. The cost savings come as the company pursues a decoupled processing strategy and a relocation of the hydrometallurgical plant to the... 

US House launches caucus to boost strategic minerals production

By: Reuters     24th July 2020 The US House of Representatives launched a bipartisan caucus on Friday to focus on ways to increase domestic production of specialised minerals used to make missiles, cell phones and other high-tech equipment. The Critical Materials Caucus is the latest effort by officials in Washington to blunt... 

DBSA confirms financing of $120m for giant Mozambique LNG project

By: Terence Creamer     21st July 2020 South Africa’s State-owned Development Bank of Southern Africa (DBSA) has confirmed financing of $120-million for the $20-billion-plus liquefied natural gas (LNG) project being developed by a Total-led consortium in northern Mozambique. On July 17, Total announced the signing of a $14.9-billion... 

BBE change in executive management

By: Creamer Media Reporter      17th July 2020 BBE formally announces that, after more than three decades at the helm, Steven Bluhm will be stepping down from the executive management by handing over the reins to Wynand Marx.  Wynand will step into the role of CEO of the BBE Group with immediate effect. The hand-over has been intentionally... 

Miners welcome A$2bn training fund

By: Esmarie Iannucci     17th July 2020 The Minerals Council of Australia (MCA) has welcomed the federal governments A$2-billion JobTrainer skills package, saying it would assist the nation’s mineral employers to boost the rate of economic recovery from the Covid-19 pandemic. Prime Minister Scott Morrison said the JobTrainer package... 

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