R/€ = 15.65 Change: 0.00
R/$ = 13.96 Change: -0.06
Au 1405.90 $/oz Change: -9.51
Pt 838.00 $/oz Change: -0.89


Mining the benefits of Industry 4.0

10th July 2019 Mining companies have become much better at investing in the mines of today – but what about investing in the mines of the future? Industry 4.0, also known as the Fourth Industrial Revolution, the fusion of production, information and communication technologies, offers a significant opportunity... 

Omnia to restructure as it seeks to reduce overextended balance sheet 

By: Schalk Burger     25th June 2019 Diversified chemicals group Omnia will, over the next two years, focus on improving the profit margins of its companies’ services and products, ensuring that its assets and investments deliver value, as well as on pursuing international expansion of intellectual property-based businesses that... 

Kibo mulls renewables cogeneration opportunities  

By: Simone Liedtke     24th June 2019 In line with its strategy of incorporating long-term renewable energy solutions into its existing coal power projects, Africa-focused Kibo Energy has signed a collaboration agreement with ESS Tech to develop suitable baseload electricity storage solutions. Having recognised the increasing need to... 

Environmental protection no longer optional for mining companies wanting to attract investment

By: Martin Creamer     21st June 2019 Without a doubt, mining investors and the fund-providing institutions that they represent, are applying more environmental, social and governance (ESG) pressure on today’s mining CEOs. Long-serving CEOs, who never heard ESG issues being raised at investor meetings in the past, are now finding... 

Ramaphosa confirms R230bn support for Eskom to be front-loaded

By: Terence Creamer     20th June 2019 President Cyril Ramaphosa announced on Thursday that the R230-billion in fiscal support being directed to debt-laden power utility Eskom over the coming ten years would be structured in a way that ensures a significant portion is provided in the early years. A Special Appropriation Bill would be... 

Wits researchers find more likely explanation for how platinum forms

By: Marleny Arnoldi     19th June 2019 The University of the Witwatersrand (Wits) has published research on platinum deposits in the Bushveld Complex, which stretches across South Africa’s Limpopo and North West provinces. The research, published in the Scientific Reports journal, states that most of the world’s economically viable... 

Peabody and Arch Coal unite against gas, renewables onslaught

By: Mariaan Webb     19th June 2019 US coal miners Peabody and Arch Coal on Wednesday announced that they would combine their Powder River Basin and Colorado assets in what they describe as a “highly synergistic” joint venture (JV) aimed at strengthening the competitiveness of coal against natural gas and renewables. The JV was... 

WA studies hydrogen potential for mining

By: Esmarie Iannucci     19th June 2019 The Western Australian government is investigating the potential for a renewable hydrogen industry in Western Australia, and the opportunities it could present to the mining sector. Minister assisting the Minister for State Development, Jobs and Trade, Alannah MacTiernan said this week that... 

Delay forces adjustment of Gruyere output

By: Esmarie Iannucci     19th June 2019 Gold production expectations from the Gruyere joint venture (JV), in Western Australia, have been downgraded for the 2019 calendar year, on the back of a delay to the completion of the plant construction and commissioning. JV partners Gold Road Resources and Gold Fields on Wednesday reported... 

AMCU seeks basic wage of R17 000 for members in platinum sector 

By: Simone Liedtke     14th June 2019 The Association of Mineworkers and Construction Union on Friday announced that it would seek a monthly basic wage of R17 000 for its members when platinum wage discussions get under way later this month. The union represents about 60 000 members in the South African platinum sector. 

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