R/€ = 17.7932 Change: -0.1350
R/$ = 17.0382 Change: -0.1805
Au 1780.99 $/oz Change: 12.56
Pt 1044.22 $/oz Change: 6.62


Government calls for improved mine safety measures to mitigate the risk of conveyor belt fires 

29th November 2022 By Wynand Marx, CEO at the BBE Group   Conveyor belts used in underground and above ground mining operations to transport bulk solids can often be a leading cause of fire and consequent fatalities and injury.   

China commodities sink as Covid spread, protests worsen outlook

By: Bloomberg     28th November 2022 Commodities sank as China’s Covid outbreak worsened and a series of stunning street protests in cities across the nation threaten to derail economic activity and sap demand for energy and raw materials. Base metals in London and Shanghai dropped, with Chinese copper futures declining as much... 

Copper’s biggest mystery is finally cracking

By: Bloomberg     28th November 2022 The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10 000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to... 

Capabilities of local industry rewarded

By: Cameron Mackay     25th November 2022 The 2022 Steel Awards – presented by industry body the Southern African Institute for Steel Construction (SAISC) last month – honoured the capabilities of the local steel construction industry. “Category winners and runners-up projects have shown once again that the South African steel industry... 

South Africa’s crime crisis ruling out economic growth, sustainability discussion hears 

By: Martin Creamer     23rd November 2022 South Africa’s economic paradox is that it cannot grow economically if it has a burgeoning crime crisis but it is unable to solve the burgeoning crime crisis if it is not growing. That was the opening comment of outgoing Mineral Council South Africa CEO Roger Baxter, who anchored the second of... 

Wyloo expands in Canada with nickel exploration property acquisition

By: Mariaan Webb     17th November 2022 Privately owned Australian firm Wyloo Metals, which earlier this year bought Noront Resources for its high-grade nickel deposits in the Ring of Fire district of Ontario, is expanding in Canada, with its eye on nickel and copper in the Grenville region of Quebec. Wyloo this week announced the... 

Southern Palladium reports robust assay results from Bengwenyama project

By: Darren Parker     16th November 2022 Assay results from platinum group metals (PGMs) developer Southern Palladium’s upper group two (UG2) reef on the Bengwenyama PGMs project, located on the eastern limb of the Bushveld Complex, have returned a weighted average four-element (4E) PGMs grade of 8.73 g/t in three of the holes, over an... 

Sparkling Venetia underground diamond project heading for first production in 2023 

By: Martin Creamer     15th November 2022 A visit by Mining Weekly to the Venetia Underground Project (VUP) on November 14 provided far-reaching insight into this major diamond development that is scheduled to achieve occupational readiness and first production next year – "hopefully in the first part of the year, all going well", said... 

Transnet declares sixth force majeure in 18 months

By: News24Wire      11th November 2022 Transnet has declared its sixth force majeure in 18 months, this time on the coal export line to Richards Bay, which experienced a massive derailment on Tuesday.  Force majeure is a clause that is included in contracts when a party cannot fulfil its obligations owing to an unforeseeable and... 

Local supplier adds valves to portfolio

By: Halima Frost     11th November 2022 Steel, tube and valve supplier Stewarts & Lloyds’ Pipes & Fittings division has received its first consignment of vacuum break valves from local valve manufacturer Variant Air and has distributed the stock to its outlets for sale to clients.  Stewarts & Lloyds has been selected as an agent for... 

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