R/€ = 18.39 Change: 0.04
R/$ = 15.15 Change: 0.00
Au 1851.41 $/oz Change: -11.33
Pt 1100.43 $/oz Change: -9.46


Sconi one step closer with extraction agreement

By: Esmarie Iannucci     17th December 2020 ASX-listed Australian Mines on Thursday said that a Deed of Access for resource extraction had been issued by the Australian Department of Defence, bringing the Scoini nickel/cobalt/scandium project, in North Queensland, one step closer to reality. Australian Mines MD Benjamin Bell told... 

Iron-ore windfall supports mid-year budget

By: Esmarie Iannucci     17th December 2020 Higher than expected iron-ore prices has assisted the Australian economy to rebound faster than initially projected. In the mid-year economic and fiscal outlook (MYEFO), Treasurer Josh Frydenberg noted that Australia’s real gross domestic product (GDP) grew by 3.3% in the September quarter after... 

Rio Tinto’s IOC invests in mining skills development

By: Creamer Media Reporter      16th December 2020 The Iron Ore Company of Canada (IOC) and College of the North Atlantic (CNA) have signed a memorandum of understanding (MoU) to collaborate on the development of new skills aligned with the latest advancements in mining technology. The Rio Tinto subsidiary will invest C$2-million over three... 

Global miner adopts flexible working model

By: Mariaan Webb     16th December 2020 Brazilian major Vale has permanently adopted a more flexible working model for its employees that combines remote work and the use of collaborative spaces. The ‘flexible office’ model prioritises the wellbeing and safety of its employees, the diversified mining company said on Tuesday, noting... 

Canada Nickel signs First Nation MoU for Crawford project

By: Creamer Media Reporter      15th December 2020 TSX-V-listed Canada Nickel Company has entered a memorandum of understanding (MoU) with the Matachewan and Mattagami First Nations in relation to exploration and development operations at the Crawford nickel/cobalt sulphide project near Timmins, Ontario. The MoU establishes a commitment by... 

Partnership approach to tech collaboration at De Beers Venetia underground project

By: Creamer Media Reporter      14th December 2020 Partnership will be the watchword in the technological collaboration between global diamond leader De Beers Group and engineering group Sandvik Mining and Rock Solutions on the Venetia Underground Project (VUP). South Africa’s largest diamond mine, Venetia has been mined as an open pit since... 

Exxaro Belfast Coal qualifies 60 trainees through skills development programme

By: Tasneem Bulbulia     11th December 2020 Diversified miner Exxaro Resources’ Belfast Coal recently completed a R1.5-million training programme that benefitted over 60 unemployed young people from Emakhazeni local municipality. The programme mainly targeted young black women from host farming communities as part of the mine’s social... 

Gemfair shifts focus to support small-scale miners during Covid-19

By: Donna Slater     4th December 2020 Diamond miner De Beers’ artisanal and small-scale miner (ASM) global market promotion platform Gemfair responded to the Covid-19 pandemic by mobilsing its Kono, Sierra Leone-based team to develop and roll out an extensive response plan to the pandemic. The response was focused on providing food... 

Keystone XL gets Indigenous investment with hopes to woo Biden

By: Bloomberg     18th November 2020 Keystone XL is receiving an investment from Canadian indigenous groups in a deal that TC Energy hopes will help save its embattled oil pipeline project from being scrapped by US President-elect Joe Biden. Natural Law Energy, a group of five first nations in Alberta and Saskatchewan, will make an... 

Opinion: Breathing fresh air into old coal power stations

13th November 2020 In this opinion piece, Wärtsilä South African business development manager Wayne Glossop writes about the benefits of converting old coal-fired power plants to modern gas engine power plants. AGL Energy Limited undertook a successful transformation of an old coal plant to a modern flexible gas... 

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