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The importance of using the correct SEIFSA Price and Index Pages indices in your Contract Price Adjustment

6th August 2020 In order for any business to remain sustainable, it is important to keep track of price escalation trends.  Companies supplying products to buying institutions have to monitor price escalation trends in order to ensure that they are adequately compensated for any price increases and understand... 

Monarch inks MoU with Ontario Northland for Wasamac ore transport

By: Mariaan Webb     10th July 2020 Toronto-listed Monarch Gold is studying the use of freight rail operator Ontario Northland Railway’s infrastructure to move ore from its Wasamac gold project, in Val d’Or, Quebec, to Glencore Canada’s Kidd concentrator, in Timmins, Ontario. The company has entered into a memorandum of... 

South African govt initiates process of developing societal hydrogen roadmap  

By: Martin Creamer     7th July 2020 South Africa’s Department of Science and Innovation (DSI) has initiated a process, with other government and industry stakeholders, to develop a roadmap that will lead South Africa towards a hydrogen society, Mining Weekly can today report. The aim is to create a policy document that will inform... 

Company continues global growth

By: Cameron Mackay     3rd July 2020 Following growth in Australia, as well as expansions into other countries, Australian mining and heavy equipment trader Components Only is focusing on continuing its momentum in terms of global growth. “About 30% of our revenue is now international. Our international expansion is twofold – to... 

Final list of sectors entitled to resume under ‘Level 4’ lockdown to be published soon

By: Terence Creamer     25th April 2020 The South African government has unveiled initial details of its risk-adjusted approach for resuming economic activity and easing restrictions imposed as part of a hard lockdown, which was instituted on March 26 to combat the spread of the Covid-19 virus. President Cyril Ramaphosa announced on... 

Alphamin expresses concern about a dwindling tin price  

By: Marleny Arnoldi     3rd April 2020 JSE- and TSX-V-listed Alphamin Resources produced 2 119 t of contained tin in the quarter ended March 31. This was at the mid-point of its guidance range and compares with the 2 235 t of contained tin produced in the quarter ended December 31, 2019.  

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

China equipment delay hits Caucharí-Olaroz construction timeline

By: Mariaan Webb     13th March 2020 The construction schedule of the Cauchari-Olaroz lithium project, in Argentina, will be reassessed to account for delays in the delivery of equipment for the chemical plant, Vancouver-based Lithium Americas reported on Friday. The company said that several pieces of equipment were being... 

Transnet bemoans cable theft at Pretoria Complex, rolls out diesel locos 

By: Marleny Arnoldi     12th March 2020 Another incident of overhead cable theft at State-owned Transnet’s Pretoria Complex has further crippled the group’s Transnet Freight Rail (TFR) subsidiary’s ability to deliver goods to customers on time. It said in a release on Wednesday that the Pretoria Complex, which is one of the country’s... 

IoT to significantly reshape supply chains

By: Creamer Media Reporter      9th March 2020 The integration of artificial intelligence and the Internet of Things (IoT) will drive the commercial adoption of blockchain, a complementary technology that has the potential to significantly reshape industries. This is considering its ability to lower costs, reduce transaction settlement times... 

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