R/€ = 19.2727 Change: -0.1558
R/$ = 17.7222 Change: -0.0780
Au 1980.18 $/oz Change: -0.27
Pt 993.80 $/oz Change: 13.05


Critical metals for low-carbon economy being studied across 12 universities  

By: Martin Creamer     30th March 2023 A consortium across a dozen South African universities has the spotlight on critical metals for a low-carbon future. At a time when the mining world is focused firmly on the availability of critical metals to arrest global temperature increases, South Africa’s Centre of Excellence for Integrated... 

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Miner restarts operation in DRC

17th February 2023 Mining company Eurasian Resources Group (ERG) and its joint venture partner commodity company La Générale des Carrières et des Mines (Gécamines), celebrated the kick-off of the restart of operations at the Boss Mining complex, with a ceremony held at its concession on November last year.   The... 

Illegal coal mining, greenwashing present challenges to net-zero targets 

By: Irma Venter     10th February 2023 Illegal coal mining will create complexity around South Africa’s efforts to get to net-zero, says Beech Veltman CEO Warren Beech. Beech Veltman is a law firm with a team specialising in the mining sector. 

The Realities of the Energy Transition And PGMs

9th February 2023 There is a great deal of hope in South Africa that PGMs will find large new uses in new energy technologies in the emerging ‘energy transition.’  

Global oil and gas exploration spend hits record highs

By: Esmarie Iannucci     31st January 2023 New data by advisory firm Wood Mackenzie (WoodMac) has shown that 2022 was the strongest year in more than a decade for global oil and gas exploration, led by major discoveries in Namibia, Brazil and Algeria. WoodMac reported that the sector created at least $33-billion of value and achieved... 

Oil firms eye $11bn Canada fund to match Biden's subsidies

By: Bloomberg     23rd January 2023 Oil-sands companies see a chance to secure a steady stream of government aid as Prime Minister Justin Trudeau pledges to keep Canada competitive with the massive clean-energy subsidies on offer in the US. Firms including Suncor Energy and Cenovus Energy are seeking a chunk of the C$15-billion... 

Food-safe lubricant reduces health risks

By: Nadine Ramdass     18th November 2022 Health risks associated with conventional lubricants pose a challenge to beverage manufacturers, consequently requiring them to eliminate contamination of final products as much as possible. Lubricant manufacturer Fuchs Lubricants’ range of food-safe lubricants is ideal for beverage industries to... 

Saudi Arabia considers new mining index in diversification push

By: Reuters     4th November 2022 Saudi Arabia is considering setting up a new metals and mining stock exchange index as it looks to expand its resources sector to diversify away from hydrocarbons, a senior government official said on Friday. Mining Minister Bandar bin Ibrahim al-Khorayef told Reuters in an interview in Sydney... 

Saudi Arabia to auction five new mining exploration licences in 2023

By: Reuters     31st October 2022 Saudi Arabia is planning to auction five new mining exploration licences with copper, zinc, lead and iron deposits for local and international investors in 2023, the mining minister said on Sunday, as it diversifies the economy away from hydrocarbons. The ministry will launch the bidding process... 

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