R/€ = 19.20 Change: -0.05
R/$ = 16.98 Change: 0.03
Au 1784.05 $/oz Change: 8.75
Pt 820.40 $/oz Change: 5.35


Australian gas prices among lowest in Asia

3rd July 2020 New data by the International Gas Union (IGU) has shown that Australia’s average natural gas prices remained among the lowest in Asia. In its 2020 Wholesale Gas Price Survey, IGU showed that average wholesale gas price in Australia last year was around 40% less than the average wholesale price... 

Glencore says will cooperate with investigation by Swiss

By: Martin Creamer     20th June 2020 Diversified mining company Glencore stated at the weekend that it would cooperate with an investigation opened into it by the office of the attorney general of Switzerland. Glencore stated in a release to Mining Weekly that it had been informed by the office of the attorney general that it had... 

Platinum retailers working towards recovery amid Covid-19 

By: Simone Liedtke     12th June 2020 Manufacturers and retailers of platinum jewellery have begun working towards ensuring the recovery of the sector, as Covid-19 continues to heavily impact on the global economy, the Platinum Guild International’s (PGI’s) latest 'Platinum Jewellery Business Review (PJBR)' states. Published on June... 

Colorado rare earths pilot processing plant opens

By: Creamer Media Reporter      12th June 2020 USA Rare Earth, the funding and development partner of the Round Top heavy rare earth and critical minerals project in West Texas, on Thursday announced that it had opened a pilot plant processing facility in Wheat Ridge, Colorado. The plant would be focused, initially, on group separation of... 

Altona Energy PLC memorandum of understanding with Malawi rare earth mining company

By: Creamer Media Reporter      3rd June 2020 Altona (AQSE: ANR.PL), a mining exploration company, announces that following a period of discussion, it has entered into a Memorandum of Understanding ("MoU") with mining consultancy company, Akatswiri Mineral Resources ("Akatswiri"), to acquire a majority stake in a rare earth mining project in... 

Chile copper output jumps again in April even as coronavirus hammers economy

By: Reuters     1st June 2020 South American mining giant Chile churned out more copper in April than the same month the previous year, according to government data released on Friday, even as measures to tame the coronavirus outbreak continued to hammer its economy. The world´s largest producer of the red metal boosted... 

Reopening economy is critical, but must be done safely – O’Regan

By: Mariaan Webb     28th May 2020 Canadian Natural Resources Minister Seamus O’Regan has stressed the importance of reopening the economy, but says it has to be done safely with consideration for all Canadians, including those in Indigenous and northern communities. “We must work with Indigenous partners to ensure their concerns... 

Supplier launches 450 new products 

By: Mamaili Mamaila     27th May 2020 Electrical switchgear supplier ElectroMechanica (EM) launched the latest edition of its product catalogue this year. A new catalogue is launched on average every two years. 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Core Lithium nears official signing of second offtake agreement

By: Marleny Arnoldi     22nd May 2020 ASX-listed Core Lithium has signed a nonbinding agreement to supply its first European offtake partner, Transamine Trading. The term sheet of the agreement paves the way for a binding agreement later this year, which will see Core supplying 50 000 t/y of lithium concentrate for five years to... 

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