R/€ = 18.50 Change: -0.06
R/$ = 15.15 Change: 0.00
Au 1854.70 $/oz Change: -8.04
Pt 1099.09 $/oz Change: -10.80


Gold Fields starts construction of Salares Norte mining infrastructure

By: Simone Liedtke     22nd January 2021 Dual-listed Gold Fields has formally started construction of the mining infrastructure at its Salares Norte project, in Chile. Construction of the $860-million project is scheduled to be completed in late 2022, with first gold production in early 2023. Once commissioned, the mine will process... 

Local sourcing vital in UK, considering expected 70% jump in EV sales

By: Marleny Arnoldi     22nd January 2021 Research agency Fitch Solutions foresees a good year for electric vehicle (EV) development and a key component thereof, lithium. It says critical raw material (CRM) developments in the UK, the US and the European Union (EU) bode well for those regions’ battery supply chains and reducing their... 

Baker McKenzie, Implats recognise hydrogen's potential

By: Marleny Arnoldi     19th January 2021 Law firm Baker McKenzie has advised JSE-listed Impala Platinum Holdings (Implats) on its investment into the AP Ventures Fund II, which focuses on companies developing sustainable hydrogen energy technologies. Implats had taken a significant “Limited Partner” stake and advisory board seat in... 

Eastplats, Implats confirm provisional payment terms on offtake agreement

By: Marleny Arnoldi     15th January 2021 TSX- and JSE-listed Eastern Platinum’s (Eastplats’) subsidiary Barplats Mines has confirmed the provisional payment terms of the first delivered shipment of pressed filter cake platinum group metals (PGM) concentrate under an offtake agreement between Barplats and Impala Platinum (Implats).... 

acQuire Technology Solutions acquires environmental information management software, EnviroSys

By: Creamer Media Reporter      12th January 2021 PERTH, Western Australia and ADELAIDE, South Australia (12 January 2021) – acQuire Technology Solutions Pty Ltd (acQuire), a global specialist in geoscientific information management software solutions, has acquired the environmental and water quality data management software EnviroSys from SRA... 

Frontier Lithium starts Falconbridge pilot plant operations

By: Donna Slater     8th January 2021 TSX-listed junior miner Frontier Lithium and XPS Expert Process Solutions – a Glencore company − have started mini-pilot plant operations at their research and development centre in Falconbridge, Ontario, and at other off-site locations. Frontier last year awarded XPS the contract to jointly... 

Copper tops $8 000 as Goldman points to commodities super-cycle

By: Bloomberg     18th December 2020 Copper topped $8 000 a ton for the first time in more than seven years, with Goldman Sachs Group and BlackRock pointing to the start of a new long-term bull market as supply lags an expected demand boom. The market is witnessing the sharpest rally in more than a decade, with China’s appetite for... 

Rio invests in Canadian aluminium

By: Esmarie Iannucci     18th December 2020 Diversified major Rio Tinto has announced a $8.4-million investment to expand the recycling capacity of its aluminium operations in Saguenay-Lac-Saint-Jean, Quebec. The expansion would offer rolled product customers in North America a new, sustainable solution combining low-carbon and recycled... 

Rio strikes carbon deals

By: Esmarie Iannucci     16th December 2020 Diversified miner Rio Tinto has pledged $10-million to research low carbon steel making projects in China, while also inking a memorandum of understanding (MoU) for a similar investment in Japan. The miner on Wednesday said that it has committed to invest $10-million with China Baowu Steel... 

Australian miners need to do more on emissions - report

By: Esmarie Iannucci     16th December 2020 Australia’s resources companies would need to do more in order to address downstream scope 3 emissions, despite making progress on moving their operations towards net zero by 2050, a new report has found. The report by Climateworks Australia and Monash University investigates the climate... 

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