R/€ = 17.06 Change: -0.10
R/$ = 16.78 Change: -0.25
Au 1761.76 $/oz Change: -43.45
Pt 868.00 $/oz Change: -8.90


AR Controls well positioned to ride copper, cobalt and nickel wave in Africa and South America

5th July 2022 With the global mining industry on the cusp of a commodity super cycle the likes of which was last seen in 2015, this remains the largest, most lucrative, and low risk market for valves in Africa. “Copper has proven especially robust during a depressed financial market,” notes AR Controls... 

Battery material lithium isn't a health threat - industry groups

By: Reuters     4th July 2022 Electric vehicle battery material lithium should not be classified as a hazardous substance by the European Union because the scientific evidence on which the proposal is based is weak, seven industry groups said. Lithium was added to the EU's list of critical raw materials in 2020 because it is... 

Barrick’s Loulo-Gounkoto set to meet guidance

By: Mariaan Webb     4th July 2022 The Loulo-Gounkoto mine is on track to meet its production guidance of 510 000 oz to 560 000 oz for 2022, despite the sanctions imposed on Mali by the Economic Community of West African States (Ecowas). A robust supply chain and strong partnerships helped Loulo-Gounkoto to withstand the... 

Rhyolite Ridge operator ioneer starts trading on Nasdaq

By: Mariaan Webb     1st July 2022 Emerging lithium/boron supplier ioneer has begun trading on the Nasdaq under an American Depositary Receipt (ADR) listing, in addition to its existing primary listing on the Australian exchange. The ADRs began trading on the Nasdaq on Thursday under the symbol IONR. 

Rest of 2022 holds many potential demand outcomes

By: Tracy Hancock     1st July 2022 Amid heightened economic and geopolitical uncertainties, the remainder of the year holds a range of potential outcomes for gold demand, says World Gold Council (WGC) Europe, the Middle East and Africa senior analyst Louise Street. “Looking at investment demand, there is a ‘push-and-pull’ effect... 

AECI Mining’s incoming CEO aims to cut carbon footprint, grow outside Africa in the medium term

By: Irma Venter     1st July 2022 Newly appointed AECI Mining CEO Mark Kathan (51) says his main focus over the medium term will be the greening of the company’s manufacturing and logistical footprint, while also growing the firm’s presence in the rest of the world. Kathan, the former AECI CFO, put up his hand for the top job at... 

Batteries and decentralised power seen as key way to boost security of supply

By: Cameron Mackay     1st July 2022 Industry body the South African Energy Storage Association chairperson Mikhail Nikomarov emphasises the importance of a decentralised power system and the benefits it can provide, and how this can be supported using battery energy storage systems (BESS) in the local market. “Energy storage... 

Rio Tinto, Corona Canada pilot low-carbon beer cans

By: Marleny Arnoldi     30th June 2022 British-Australian mining group Rio Tinto and beer brewer Corona Canada have launched a trial of Canada’s first specially-marked, low-carbon beverage can. The can was manufactured by Ball Corporation, using aluminium from Rio Tinto and leveraging emissions-free Elysis smelting technology. 

Metro to expand Bauxite Hills operation

By: Darren Parker     29th June 2022 ASX-listed Metro Mining’s board has approved a final investment decision (FID), subject to financing, to expand the capacity of its Bauxite Hills mine, in Queensland, to 7-million wet metric tonnes a year for a capital expenditure (capex) of A$28.3-million. The expansion will be financed from a... 

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... 

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