R/€ = 17.10 Change: -0.03
R/$ = 16.44 Change: -0.15
Au 1795.34 $/oz Change: -19.68
Pt 874.00 $/oz Change: -42.50


Mitochondria Energy to build a fuel cell manufacturing facility in the Vaal SEZ in 2023

By: Donna Slater     28th June 2022 Hydrogen fuel cell developer Mitochondria Energy is planning to build a hydrogen fuel cell manufacturing facility in the Vaal Special Economic Zone (SEZ) forming part of the wider Hydrogen Valley development concept, with sod turning to start in 2023. In 2018, Mitochondria entered into a... 

Energy transition highlighted at Indaba

By: Sabrina Jardim     24th June 2022 With the energy transition in mining having been topical at this year’s Investing in African Mining Indaba, advisory firm Deloitte participated in discussions such as self-generation opportunities available for mining companies amid issues of local energy supply. “The ability to self-generate up... 

Electra studies new cobalt refinery in Quebec

By: Creamer Media Reporter      23rd June 2022 Canada’s Electra Battery Materials has begun preliminary discussions with the Quebec government to build a new cobalt refinery at Bécancour that will integrate with an emerging battery materials park in the province. "Given a forecasted deficit in domestic cobalt sulphate production by 2025, we... 

UMS fast-tracks projects with front-end engineering capability

14th June 2022 Over the last five years, the United Mining Services (UMS) Group has evolved its operations to combine the capabilities of the UMS METS and UMS Shaft Sinkers businesses to facilitate a seamless project transition for clients from concept to prefeasibility, feasibility and into execution.  With... 

Mbalula says decision on e-tolls ‘imminent’, calls for scrap metal export ban

By: Irma Venter     3rd June 2022 Transport Minister Fikile Mbalula has yet again promised that a decision on the future of e-tolls in Gauteng is imminent. Delivering his department’s Budget Vote speech late last month, he noted that the matter was on Cabinet’s radar, and that a pronouncement would be made once the final decision... 

Rosond appoints new Operations Director to lead its expansion

2nd June 2022 Drilling technology solutions provider Rosondof Midrand has appointed Clement Rikhotsoas its new Operations Director. This follows Clement initially joining as a project consultant in 2019 to assist Rosond with the onboarding of 27 state-of-the-art drill rigs and crew at the Kolomela and Sishen... 

DRA ordered to pay costs

By: Esmarie Iannucci     2nd June 2022 ASX and JSE-listed project management and operations group DRA Global and some of its directors have been ordered to pay a combined A$76 299.90 plus tax by the Australian Takeovers Panel. The Takeovers Panel last month declared unacceptable circumstances around the actions of certain DRA... 

Hummingbird working to bring second asset into production following 2021 losses

By: Darren Parker     27th May 2022 Aim-listed Hummingbird Resources has reported a diluted loss a share of $2.78c for the financial year ended December 31, 2021, compared with the earnings a share of $5.02c reported for the 2020 financial year. Hummingbird currently has two core gold projects, the producing Yanfolila gold mine, in... 

Mixed reviews for BIM

By: Sabrina Jardim     27th May 2022 While consulting engineers are leading the building information modelling (BIM) drive, with designs and analyses being completely BIM-orientated, the technology has had mixed success for the mining industry in South Africa so far, says tertiary education institute University of Pretoria (UP)... 

Certification launched successfully

By: Tracy Hancock     27th May 2022 Professional project management association Project Management Institute (PMI) has introduced its first industry-specific solution tailored for construction professionals in the African market. Launched locally early this year, the Construction Professional in Built Environment Projects (CPBEP)... 

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