R/€ = 18.37 Change: 0.07
R/$ = 15.15 Change: 0.00
Au 1851.56 $/oz Change: -11.18
Pt 1099.44 $/oz Change: -10.45


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... 

Biden poised to freeze oil and coal leasing on federal land

By: Bloomberg     22nd January 2021 President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about a tenth of US supplies, according to four people familiar with the matter. The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other... 

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... 

Law firm says ESG most prominent risk beyond pandemic resilience

By: Marleny Arnoldi     15th January 2021 International law firm White & Case says 45% of decisionmakers believe environmental, social and governance (ESG) issues will be the biggest risk to the mining and metals sector this year. The firm reports in its 'Mining and Metals 2021' survey that the global mining and metals sector is facing... 

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 Tinto taps Stausholm as new CEO

By: Esmarie Iannucci     17th December 2020 Mining major Rio Tinto has appointed CFO Jakob Stausholm to take over the role as CEO from Jean-Sebastian Jacques on January 1, 2021. Jacques, along with iron-ore CEO Chris Salisbury, and group executive of corporate relations Simone Niven all handed in their resignations following the... 

Newcrest taps into renewable power

By: Esmarie Iannucci     16th December 2020 Gold miner Newcrest Mining has struck a 15-year renewable power purchase agreement (PPA) with Tilt Renewables at its Cadia mine, in New South Wales. Tilt Renewables is the developer of the Rye Park wind farm, in New South Wales. 

Mining and Metals Blockchain Initiative launches proof of concept platform to trace emissions

By: Creamer Media Reporter      15th December 2020 The World Economic Forum’s (WEF's) Mining and Metals Blockchain Initiative (MMBI) has released a proof of concept that uses distributed ledger technology to track embedded greenhouse-gas emissions. The successful completion of the proof of concept, named the Carbon Tracing (COT) Platform will be... 

Eskom outlines streamlined restructuring model to deliver independent grid company by end-2021  

By: Terence Creamer     14th December 2020 Eskom CEO Andre de Ruyter outlined a streamlined approach on Monday to the vertical separation of the State-owned utility into three businesses of generation, distribution and transmission, which he said could accelerate the process of establishing an Eskom-owned independent transmission system... 

Minbos’ dedication to African food supply continues to grow

14th December 2020 Minbos Resources Limited (ASX: MNB) last week announced a Memorandum of Understanding (MOU) with the International Fertilizer Development Centre (IDFC), which will work to develop and grow the Small Holder Farmer market in Angola. 

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