R/€ = 17.35 Change: -0.01
R/$ = 14.51 Change: 0.00
Au 1745.36 $/oz Change: 17.61
Pt 1167.50 $/oz Change: -5.52


On-The-Air (04/12/2020) 

By: Martin Creamer     4th December 2020 While Australia’s trade relations with China are under huge strain, South Africa’s relations with the Asian giant are strengthening; and mining companies are going all out to become the darlings of the investor community once again 

Gold rebounds above $2 000 amid escalating US-China tensions

By: Bloomberg     18th August 2020 Gold climbed back above $2 000 an ounce as renewed tensions between the U.S. and China boosted demand for haven assets, and the dollar weakened. The Trump administration announced further curbs on Huawei Technologies aimed at cutting its access to commercially available chips. The move is the... 

Shandong Gold eyes turnaround for struggling Canada Arctic mine – executive

By: Reuters     13th August 2020 Shandong Gold Mining's bid to acquire a gold mine in the Canadian Arctic should be approved for economic reasons, the new head of its Canadian unit told Reuters. Shandong Gold in May offered C$230-million for struggling TMAC Resources. TMAC shareholders approved the deal in June but it still... 

Covid-19 hits China-Africa trade and investment, but impact should fade

By: Rebecca Campbell     10th April 2020 The Covid-19 pandemic has hit African trade with China and is likely to reduce Chinese investment on the continent, the Economist Corporate Network, Baker McKenzie and Silk Road Associates pointed out in their report ‘BRI Beyond 2020’. The BRI is the Belt and Road Initiative, which is China’s... 

China National Gold studies bid for Canadian miner Iamgold

By: Bloomberg     20th June 2019 China National Gold Group, the nation’s second-biggest miner of the metal, is studying a bid for a stake in Canada’s Iamgold, people familiar with the matter said. Iamgold shares jumped the most in more than four years. The state-owned gold miner is working with financial advisers on the... 

Huawei kicks off first 5G training course for SA students

By: Natasha Odendaal     14th June 2019 Information and communications technology (ICT) giant Huawei South Africa is offering free fifth-generation (5G) training courses for ICT postgraduates at, initially, the University of the Witswatersrand (Wits) and University of Pretoria. The group has plans to expand the course, which forms part... 

Huawei’s market share surges despite smartphone shipment slump

By: Natasha Odendaal     24th May 2019 Despite a “deeper” decline – for the sixth consecutive quarter – of smartphone shipment volumes during the first quarter of 2019, Chinese brand Huawei has accelerated its sales, surpassing Apple as the number two in terms of market share worldwide. Market intelligence and advisory services firm... 

Oil climbs as Opec signal on output curbs overshadows trade risk

By: Bloomberg     21st May 2019 Oil rose for a second day on signs Opec and its allies will extend production cuts beyond June, while a steadily deteriorating US-China trade relationship kept prices from pushing higher. Futures in New York extended their gains after closing up 0.5% on Monday. Saudi Energy Minister Khalid... 

African-specific IoT model proposed

By: Natasha Odendaal     10th May 2019 The much-talked about Internet of Things (IoT) will only become relevant for Africa when it starts enabling stakeholders to effectively tackle the real challenges the continent faces on a daily basis, a panel has agreed. IoT is seen as more of an ecosystem that, for Africa, requires more... 

Huawei centres 2019 SA strategy on partnerships, collaboration

By: Natasha Odendaal     3rd May 2019 As global information and communication technology (ICT) solutions provider Huawei Enterprise pursues new technologies and platforms, new emerging ICTs present an opportunity to build a new ecosystem, a cornerstone of industrial digitalisation and a fully connected digital world. In line with... 

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