R/€ = 19.40 Change: 0.09
R/$ = 17.43 Change: 0.11
Au 1735.93 $/oz Change: 14.84
Pt 847.53 $/oz Change: 15.59


Coal snags $31m in US stimulus loans for small business

By: Bloomberg     6th May 2020 Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble. The US Small Business... 

Proper wash-bays prove beneficial

By: Halima Frost     1st May 2020 Investing in a ‘proper’ wash-bay water cannon can save money and time on vehicle upkeep and maintenance for an opencast operation, says fire protection supplier DoseTech MD Mike Feldon. He notes that operations often uses standard fire protection ‘monitors’ or water cannons, which are not fit for... 

Interior tank cleaning made easier through rope access

By: Darren Parker     10th April 2020 Work at height company Skyriders is cleaning the interiors of large storage tanks for a major petrochemicals producer, in Mpumalanga, using rope access. Having completed its first cleaning scope of the year in February, it started its second cleaning in late March. 

IoT assists with challenges in mining operations

By: Mc'Kyla Nortje     10th April 2020 Every mining environment poses different challenges, but mining houses tend to prioritise the enhancement of mine health and safety procedures, and technology service provider In2IT Technologies CTO Vishal Barapatre notes that the Internet of Things (IoT) is “a top choice” in this regard. He... 

Lotus sets exploration target for Kayelekera

By: Esmarie Iannucci     2nd April 2020 ASX-listed Lotus Resources has added fuel to the Kayelekera fire, announcing an exploration target of between 6-million to 22-million tonnes, containing between 7-million and 14-million pounds of uranium oxide (U3O8). The exploration target followed on from an exploration review, which... 

Gold to remain relevant, says WGC

By: Tasneem Bulbulia     26th March 2020 With the rapidly evolving COIVD-19 situation globally, market development organisation the World Gold Council (WGC) CEO David Tait indicated that Like most asset classes, gold has been affected by widespread, rapid-fire asset sales and a dash for cash, says World Gold Council (WGC) CEO David Tait. 

Meet zinc, the cheap metal gunning for lithium’s battery crown

By: Bloomberg     6th March 2020 A metal best known for galvanising steel is making the jump into a developing $30-billion energy-storage market for electrical grids that’s increasingly seen as key to unleashing solar and wind power upon the world. Less than four months after Governor Andrew Cuomo vowed to produce 100% of New... 

Don't underestimate the importance and value of an experienced financial partner when mining in Africa 

17th February 2020 While not without its own set of unique challenges, Africa currently offers a very compelling mining proposition with a number of excellent prospects in many parts of the continent. These include a very strong growth story in West Africa at the moment, and solid momentum building in the East... 

Cheap natural gas is about to kick more coal out of Europe

By: Bloomberg     27th January 2020 Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power. Abnormally mild winter weather has cut demand for the fuel as a flood of new supplies entered the world’s biggest gas market. That along with higher costs for carbon-emissions... 

Sasol to finalise scope of LCCP unit's repairs in Feb 

By: Tasneem Bulbulia     24th January 2020 Integrated energy and chemicals company Sasol expects to finalise the scope of, and time needed for, repairs to the low-density polyethylene (LDPE) unit, at its Lake Charles Chemicals Project (LCCP), in Louisiana, in the US, during the second half of February. “Limited” damage was done to a small... 

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