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Pt 1050.54 $/oz Change: -1.46
 

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Rhodium again top performer in RBPlat’s revenue basket  

By: Martin Creamer     3rd August 2021 Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... 

Disused coal mines have potential to heat homes with lower-carbon energy

By: Donna Slater     3rd August 2021 The UK Coal Authority posits that water from flooded coal mines has the potential to be used in the heating of UK homes and industry as a source of lower-carbon energy. In a December 2020 report, the authority states that mines are warmed by natural geothermal processes and, where the mines are... 

PureGold hits commercial production

By: Mariaan Webb     3rd August 2021 Vancouver-based PureGold has reached commercial production at its namesake mine in Ontario, marking an “exciting” growth phase for the company, reports CEO Darin Labrenz. “By combining stable gold production with the high-grade exploration potential that makes the PureGold mine so unique, we are... 

RBPlat declares R1.5bn dividend on record first-half performance

By: Martin Creamer     3rd August 2021 Platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) has declared a R1.5 billion interim dividend in addition to the R482.3 million buy-back and redemption of a portion of its convertible bonds on the back of a record performance in the six months to June 30. RBPlat... 

Isondo project showcasing intent in green hydrogen in South Africa

By: Tasneem Bulbulia     2nd August 2021  The green hydrogen economy offers South Africa a considerable advantage in using its natural resources to help reindustrialise its economy and this is being supported by various policies and initiatives. One such initiative is the start of the construction process for fuel cell components... 

Santos and Oil Search merger to create A$21bn oil and gas giant

By: Esmarie Iannucci     2nd August 2021 Oil and gas producers Santos and Oil Search announced a merger to create a A$21-billion oil and gas giant. Santos in July this year failed in an initial merger effort with Oil Search, after the takeover target rejected an earlier non-binding indicative all-scrip merger proposal under which Oil... 

Matawinie construction kicks off

By: Creamer Media Reporter      30th July 2021 The construction of the Matawinie mine, set to become the Western world’s biggest graphite operation, is under way, developer Nouveau Monde Graphite reported on Thursday. The company has completed site preparation in spring and this month started on-site work as part of a 30-month construction... 

Qld invests in exploration

By: Esmarie Iannucci     30th July 2021 The Queensland government has awarded A$2.5-million in funding to 16 local companies to support mineral exploration work in the region. “New economy minerals are powering the global energy transition, and we need to make sure Queensland is capitalising by allowing enterprising explorers to seek... 

BHP adds solar panels to nickel ops

By: Esmarie Iannucci     30th July 2021 Diversified miner BHP on Friday reported that it would build two solar farms and a battery storage system to help power the Mt Keith and Leinster nickel operations. The Northern Goldfields solar project would include a 27.4 MW solar farm at Mt Keith and a 10.7 MW solar farm and 10.1 MW battery... 

ESG business critical, not just the right thing to do 

By: Martin Creamer     30th July 2021 De Beers Group, the world’s largest diamond company by value, is working to leave a positive long-lasting legacy beyond mining. To achieve this, it has set 12 Building Forever 2030 Goals, three for each of the four supporting pillars. 

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