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Central banks net sellers of gold owing to pandemic, says Refinitiv

By: Tasneem Bulbulia     23rd October 2020 Central banks shifted to net sellers for the first time in nearly a decade, with net sales estimated at just under 13 t for the third quarter, research from financial markets data company Refinitiv shows. The shift was driven by an absence of purchases from Russia and China, as well as a... 

Company engages govt for greater awareness of local industry

23rd October 2020 Stainless steel producer Wire Products Stainless Steel Productions (WPSSP) is engaging government to create greater awareness about the local supply of stainless steel long products and wire. The Germiston-based company has met with the Department of Trade and Industry, the Department of Public... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

Coal mine disposal exacerbating carbon emissions problem – Glencore  

By: Martin Creamer     16th October 2020 The disposal of thermal coal mines in response to environmental, social and governance (ESG) investors is not lowering carbon dioxide (CO2) emissions but exacerbating the problem, Glencore CEO Ivan Glasenberg pointed out on Friday. Questioned by Financial Times (FT) natural resources editor Neil... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

Report discusses challenges, options as world continues to drive decarbonisation agenda 

By: Simone Liedtke     16th October 2020 While the global shift from fossil fuels to renewables is helping new ecosystems and technologies to emerge, many of the pursued steps towards decarbonisation pose unique challenges. Many participants in the energy and resources industries have declared an intention to become carbon neutral by... 

Pragma | 30 Years in the making

By: Creamer Media Reporter      9th October 2020 2020 might forever be known as the year in which Covid 19 struck, but life goes on despite this and many other challenges that businesses face. It is with this mindset, that we take a look back at an engineering firm that was born on the first of June 1990. “Politically South Africa was in chaos... 

On Key UX Design Team Joins Maze Customer Advisory Board

By: Creamer Media Reporter      9th October 2020 On Key’s dynamic design team has been invited to join the likes of IBM, Windows and Amazon on the Maze Customer Advisory Board. Maze, who has been recognized by Web Summit as one of their Top 30 Seed Startups Worldwide, is a user testing platform that turns prototypes into actionable insights... 

Conclusions & Recommendations of the review of Senegal’s mining code (2016) to be made at the SIM Senegal Virtual Mining Summit

8th October 2020 In the continued efforts to showcase Senegal’s mining sector, and leading up to the SIM Senegal International Mining Conference & Exhibition (SIM Senegal 2021), the Ministry of Mines and Geology in association with AME Trade Ltd will be hosting the SIM Senegal Virtual Summit on 3-4 November 2020.... 

Equipmake launches new range of F1-bred electric motors for mining applications

8th October 2020 Leading electrification specialist, Equipmake, has readied a range of high performance yet cost-effective advanced electric motors for mining equipment and vehicles, bringing major benefits in terms of power density, low running costs and reduced emissions. Based in Norfolk, UK, Equipmake... 

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