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Standard Bank says it is not legally obliged to have voting on proposed climate resolutions

By: Marleny Arnoldi     16th April 2020 Standard Bank has decided to not table proposed climate change risk resolutions for voting by shareholders at its annual general meeting (AGM) in May, following pressure from nonprofit shareholder activism organisations Just Share and Raith Foundation to do so. Just Share executive director... 

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

Teck warns of C$1.13bn hit if Trudeau rejects Frontier project

By: Reuters     21st February 2020 Canadian miner Teck Resources said on Friday it would write down the value of its proposed Frontier oil sands mine by C$1.13-billion should Prime Minister Justin Trudeau's government reject the project. The fate of the C$20.6-billion mine is expected to be decided by next week in what has become... 

ACCC calls for more gas exploration

By: Esmarie Iannucci     18th February 2020 The Australian Competition and Consumer Commission (ACCC) has called on Australia’s southern state to allow gas exploration in a bid to secure supply. “Southern states risk facing a shortfall in the medium term unless there is more exploration and development in the south, or new infrastructure... 

Teck CEO unloads on shipper with gripes about costs and cargo

By: Bloomberg     31st January 2020 A rift between between Teck Resources and the company it uses to export its coal widened as the Vancouver-based miner publicly accused the shipper of charging too much and contaminating some freight. The head of Teck, already shifting some steel-making coal freight away from Westshore Terminals... 

Fluor Launches Virta

By: Creamer Media Reporter      17th October 2019 Fluor– Fluor Corporation (NYSE: FLR) recently announced the launch of Virta Inc. (Virta), a fully-owned subsidiary of Fluor Enterprises, Inc. “Virta is aligned with Fluor’s strategy that focuses on our core markets,” said Leonardo Kaid, vice president of global business development and strategy... 

Small ships are next big thing for this $150bn market

By: Bloomberg     9th October 2019 Giant ocean-going tankers built the liquefied natural gas (LNG) industry into a $150-billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size. Fifty-five years after the first commercial LNG tanker sailed from Algeria, this segment of the gas... 

Resource infrastructure for projects

By: Creamer Media Reporter      26th August 2019 Worley, a leading global provider of professional project and asset services to the energy, chemicals and resources industries, has a long history of delivering infrastructure solutions for its customers. With a global capability that spans all engineering disciplines, Worley has been helping... 

Tech provider upgrades control at Mozal Aluminium

9th August 2019 Industrial automation and information technology provider Rockwell Automation has migrated the control systems at mining and metals company South32’s Mozal Aluminium project’s furnace assembly and ladle cleaning shop to its modern DC sintering based on the PlantPAx design standard. 

Digital transformation in mining, metals sector poised to generate $425bn over next ten years

By: Schalk Burger     14th June 2019 Mining is transforming rapidly worldwide and becoming more automated, with the mining automation market expected to be worth $3.29-billion by 2023. Digital transformation initiatives in the mining and metals industry could generate $425-billion over the next ten years. The mining companies that... 

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