R/€ = 19.5603 Change: -0.0462
R/$ = 18.1739 Change: 0.0886
Au 1996.41 $/oz Change: 2.39
Pt 975.70 $/oz Change: -8.97


Confidence falls in Qld mining - report

By: Esmarie Iannucci     24th March 2023 The Queensland Resources Council’s (QRC) latest State of the Sector report for the December 2022 quarter shows there has been a dramatic drop in business confidence in the state’s resources sector over the past 12 months, following the state government’s sudden introduction of a higher coal... 

AESPUMP: Leading pumping solutions company providing expert repair services

24th March 2023 AESPUMP is a leading provider of pumping solutions, offering top-quality repair and maintenance services for all types of pumps, compressors, and fans. Established in 2012, the company was founded as the Secunda-based rotating equipment repairs division of its sister company AESSEAL.  Since then,... 

Jubilee posts higher PGM output in H1

By: Marleny Arnoldi     20th March 2023 Base and precious metals miner Jubilee Metals has announced a strong performance in the six months ended December 31, 2022, with a 20% increase in platinum group metals (PGMs) produced from own operations and chrome production exceeding its guidance. The company’s adjusted earnings before... 

Avantor advances laboratory services in Southern Africa

By: Simone Liedtke     20th March 2023 As South Africa’s mining industry continues to grow, mining laboratories are relied upon to provide high-quality testing, inspection and certification services that adhere to internationally recognised standards and customer-specific methodologies. Fortune 500 company Avantor is therefore... 

Tesla's vision of EVs without rare earths will spur magnet race

By: Bloomberg     20th March 2023 Tesla’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials. Model 3 and Model Y powertrains have already reduced consumption of heavy... 

Teck Trial commits to Zinc Mark

By: Creamer Media Reporter      17th March 2023 Canadian miner Teck Resources on Thursday announced that its Trial Operations, in British Columbia, has committed to the implementation of the Zinc Mark. The Zinc Mark is part of the Copper Mark’s multi-metals approach using the Copper Mark assurance framework, a framework which aims to promote... 

Orion will now build smaller but get base metals into production far sooner 

By: Martin Creamer     15th March 2023 What South Africa’s base metals mining aspirant Orion Minerals has been trying to do over the last two years is to drive a very typical historic project financing arrangement for junior mining. This very typical historic project financing model involves getting banks in for between 60% and 70% of... 

China’s lithium probe puts spotlight on reserves and ESG risks

By: Bloomberg     10th March 2023 If it’s grown, drilled or dug up, chances are there’s not enough of it in China. Beijing’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now playing out in the market for lithium, a mineral crucial to the world’s transition away from fossil... 

Practical means to preserve valves

10th March 2023 Ball, gate, globe, butterfly and check valves, as well as valve assemblies, are all common and critical components in the oil and gas industry. Their job of regulating hazardous fluid flow in pipelines and piping systems underscores the importance of keeping them in peak operating condition, says... 

Trafigura CEO says tight metal supply threatens green transition

By: Bloomberg     9th March 2023 Looming supply shortages of several key metals like copper and lithium could threaten the global transition to clean energy, according to Trafigura CEO Jeremy Weir. A dearth of battery metals including lithium and cobalt have underscored the challenges that automakers could face in boosting... 

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