R/€ = 18.42 Change: -0.03
R/$ = 15.25 Change: -0.02
Au 1838.82 $/oz Change: -12.55
Pt 1085.32 $/oz Change: -8.30


Aboriginal group says Rio Tinto ignored pleas to save sacred cave from blast

By: Reuters     25th September 2020 Rio Tinto ignored repeated requests from traditional owners for sacred Australian rockshelters to be protected in the months before the site was blasted during a mine expansion, an Indigenous group said on Friday. The world’s biggest iron ore miner in May destroyed the two caves in Western... 

BME achieves another blasting record

By: Simone Liedtke     24th August 2020 Explosives, related accessories and blasting services provider BME has broken the South African record for the largest electronic detonator blast by initiating 3 780 detonators in a single blast at a manganese mine in the Northern Cape. BME Northern Cape area manager Kobus Boonzaaier says the... 

Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’ 

By: Terence Creamer     17th August 2020 Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on track to deliver disposals of greater than $2-billion and exceeding its initial cash conservation... 

Mt Rawdon mine, Australia

By: Sheila Barradas     14th August 2020 A gold mine located 75 km south-west of Bundaberg, in Queensland, Australia. 

Qld manslaughter legislation takes effect

By: Esmarie Iannucci     1st July 2020 New laws will come into effect in Queensland on Wednesday, with executives facing up to 20 years’ jail if the state’s resources sector workers die because of their criminal negligence, Mines Minister Dr Anthony Lynham said. He noted that the new legislation would better protecting the state’s 66... 

Gran Colombia delivers decent gold output despite fewer workers in March

By: Marleny Arnoldi     15th April 2020 TSX-listed Gran Colombia Gold in the first quarter of the year produced 56 247 oz of gold, compared with 60 601 oz produced in the first quarter of last year. CEO Lombardo Paredes says while the first quarter’s production is pleasing, it came in lower than expected owing to the impact of... 

Strong exploration activity in Canada serves for a bit of good news

By: Marleny Arnoldi     3rd April 2020 Amid a surge of bad news for businesses and societies globally, explosives manufacturer BME is nonetheless excited about the exploration landscape for mining in Canada. The company launched its BME Mining Canada last year, which is a joint venture with Consbec – the largest civils drill and... 

AECI’s Mining Solutions business boosts group profitability in 2019 

By: Marleny Arnoldi     25th February 2020 JSE-listed chemicals manufacturer AECI reported growth in all its operating segments in the year ended December 31, and managed to achieve 10% growth in its headline earnings per share (HEPS). The company declared a total dividend of R5.70 apiece, compared with the R5.15 apiece declared in the... 

SAMSS launches hydrostatic drive underground mining vehicle in South Africa

By: Schalk Burger     12th September 2019 Metals industry equipment and service company South African Mining and Smelting Solutions (SAMSS) on Thursday launched its range of underground mining utility vehicles in the South African market. At the launch event, SAMSS, which is a subsidiary of multinational foundry industry equipment... 

Enviro permit for Minera Alamos’ Mexico project

By: Creamer Media Reporter      8th August 2019 TSX-V-listed Minera Alamos on Thursday announced that the Mexico federal agency, Semarnat, had approved the environmental impact statement for the Santana gold project. The permit, together with the change of land use notification received in June, now provides the company with the key approvals... 

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