R/€ = 19.38 Change: 0.11
R/$ = 17.41 Change: 0.13
Au 1737.70 $/oz Change: 16.61
Pt 848.16 $/oz Change: 16.22


Minister urges mines to test without fear of mine closure 

By: Martin Creamer     29th May 2020 Mineral Resources and Energy Minister Gwede Mantashe on Friday urged mines to test for Covid-19 to the full extent without fearing mine closure. The Minister was responding to a media question on the steps the Department of Mineral Resources and Energy (DMRE) was taking to end the backlog of... 

Update: COVID-19 - Mining Operations during Level 4 Alert Lockdown

By: Creamer Media Reporter      6th May 2020 On 23 April 2020, the President announced that government would implement a gradual and phased recovery of economic activity in South Africa, with effect from 1 May 2020.  To achieve this, there will be five coronavirus levels: Level 5 - means that drastic measures are required to contain the... 

Business is booming for supplier

By: Darren Parker     10th April 2020 Stainless steel vessels and tanks supplier Metal Tank Industries has noted a definite market upswing in the past eight months, particularly in the food and beverage sector, as well as in the industrial sector, in terms of mineral oils, petroleum oils, chemicals and agrochemicals production.... 

Resources a key part to recovery - Minister

By: Esmarie Iannucci     1st April 2020 Federal Resources Minister Keith Pitt said that the federal and state and territory governments were working to ensure that critical resources projects kept operating during the Covid-19 pandemic. “The Australian resources sector is a key part of the Australian economy. The commodities... 

Opec+ on brink of failure as Russia resists deeper oil cuts

By: Bloomberg     6th March 2020 Russia resisted pressure from its Opec allies to make deeper production cuts, pushing the cartel’s high-stakes diplomatic gamble to the brink of failure and sending prices plunging. Energy Minister Alexander Novak arrived from Moscow on Friday morning and told fellow ministers that he favored... 

Germany moves into hydrogen with lessons from Opec, Russia 

By: Bloomberg     3rd March 2020 Germany is taking its first steps to build an economy based on hydrogen instead of fossil fuels, seeking to deliver both green growth and to avoid being trapped by a small cartel of suppliers. Ministers have been quietly lining up deals with nations including Nigeria that might produce hydrogen... 

Miners welcome Indonesia's new jobs bill that could spur coal growth

By: Reuters     18th February 2020 Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection. President Joko Widodo's sprawling "Job Creation" bill... 

BHP approves Scarborough feasibility

By: Esmarie Iannucci     13th February 2020 Diversified major BHP on Thursday announced a decision to progress the Scarborough gas development, offshore Western Australia, into the feasibility study phase. BHP in 2016 sold a 50% stake in the undeveloped Scarborugh gas field to Australian oil and gas major Woodside Energy for an initial... 

Keith Pitt appointed as new Australian Resources Minister

By: Esmarie Iannucci     6th February 2020 The Australian resources sector has welcomed the appointment of Keith Pitt as the new federal Minister for Resources, Water and Northern Australia, following the resignation of Matt Canavan earlier this week. The Minerals Council of Australia’s CEO Tania Constable on Thursday said that the... 

Federal and NSW govts strike gas deal

By: Esmarie Iannucci     31st January 2020 The Australian Petroleum Production & Exploration Association (Appea) has welcomed an agreement between the federal and New South Wales governments to facilitate increased gas supply, lower emissions and a more stable power supply. Prime Minister Scott Morrison on Friday announced a landmark... 

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