R/€ = 18.12 Change: -0.11
R/$ = 16.02 Change: -0.13
Au 1779.69 $/oz Change: -13.45
Pt 934.00 $/oz Change: -18.75


Copper under pressure on Omicron uncertainty

By: Reuters     30th November 2021 Copper prices came under pressure on Tuesday due to worries about the Omicron coronavirus variant and its impact on demand and growth, but above consensus manufacturing data from top consumer China and low stocks limited the losses. Benchmark copper on the London Metal Exchange traded down 0.8%... 

BMG opens a new branch in Maun, Botswana

30th November 2021 BMG – Africa’s leading engineering solutions specialist – has extended its service in Botswana, with the opening in November 2021, of a new branch in Maun. “BMG now has two dedicated branches in Botswana – one in Gaborone, which was established in 1998 to service and supply the southern part of... 

Aus emissions continue to fall - report

By: Esmarie Iannucci     30th November 2021 Australian emissions reportedly fell by 2.1% in the financial year ended June, to some 498.9-million tonnes, compared with the previous financial year. The quarterly update of Australia’s National Greenhouse Gas Inventory showed that Australia’s greenhouse gas emissions are now at 20.4% below... 

Vulcan inks another offtake in Europe

By: Esmarie Iannucci     29th November 2021 ASX-listed Vulcan Energy Resources has signed a binding lithium hydroxide offtake agreement with NYSE-listed Stellantis. Starting in 2026, Vulcan will supply between 81 000 t and 99 000 t of battery grade lithium hydroxide over the duration of the initial five-year agreement. 

NSW sets critical minerals pathway

By: Esmarie Iannucci     29th November 2021 The Association of Mining and Exploration Companies (Amec) has welcomed the Critical Minerals and High-Tech Metals Strategy launched by New South Wales Deputy Premier Paul Toole. The Strategy details the vision to realise the economic potential of critical minerals investment and delivery... 

National Gas Infrastructure Plan unveiled for first time

By: Esmarie Iannucci     29th November 2021 The federal government has released the first full National Gas Infrastructure Plan (NGIP) and the Future Gas Infrastructure Investment Framework to help secure Australia’s gas supplies over the next 20 years. As part of the government’s gas-led recovery, the NGIP sets out a long-term... 

Hydraulic pumps deliver flow, convenience and precision

26th November 2021 Industrial equipment supplier BMG’s range of portable hydraulic electric Enerpac E-pulse pumps is critical to all 700 bar – 10 000 psi operating hydraulic systems. These E-pulse pumps have intelligent auto-cycle functionality and an efficient power-to-weight ratio, to ensure dependable operation... 

Approval for marine applications gained

26th November 2021 Motion and control technologies supplier Parker Hannifin has announced that its mechanical flange system for machines and plants with working pressures of up to 420 bar high performance flange system has gained DGUV approval for marine applications. The DGUV approval certifies the use of Parker’s... 

Increased presence for Italian business in S Africa next year

By: Darren Parker     26th November 2021 The Italian-South African Chamber of Trade and Industry (Italcham) aims to continue improving its presence in South Africa next year. “We intend to establish an antenna in Cape Town and, possibly, even in Durban and Gqeberha. This means managing multiple hubs with a higher number of events... 

Business interaction fostered

By: Darren Parker     26th November 2021 The Italian-South African Chamber of Trade and Industry (Italcham), in collaboration with the Italian Comites Johannesburg and the Italian Consulate General, launched the Small Medium Italian League of Enterprises (SMILE) initiative in Johannesburg last month. SMILE is a network of companies with... 

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