R/€ = 19.16 Change: -0.07
R/$ = 17.04 Change: -0.06
Au 1775.03 $/oz Change: 6.23
Pt 808.30 $/oz Change: -18.08


Hilco Global APAC and Gordon Brothers Partner to Disperse Late Model CAT Mining Fleet in South Africa

By: Creamer Media Reporter      17th June 2020 Leading asset valuation and disposal company Hilco Global APAC and Gordon Brothers, the leading global advisory, investment, and restructuring firm, have partnered to disperse a fleet of late model Caterpillar 100T-class mobile mining assets located in South Africa. The partnership between the... 

More border openings wanted for returning workers – Minerals Council 

By: Martin Creamer     15th June 2020 More border openings are wanted for returning foreign mineworkers. As of Thursday last week, not a single foreign mineworker had re-entered South Africa from neighbouring foreign countries. “Only a limited number of border posts are open,” Minerals Council South Africa environment, health and... 

Weekly Coal Index heralds vital new era of African pricing transparency  

By: Martin Creamer     10th June 2020 Coal remains the dominant primary energy source for the production of electricity in South Africa. Even with high allocations for renewable energy in the latest Integrated Resource Plan (IRP) 2019, as well as the prospect of coal-plant decommissioning over the coming ten years, coal is still... 

Zambia reopens border with Tanzania to cargo after Covid-19 closure

By: Reuters     15th May 2020 Zambia reopened its Nakonde border with Tanzania on Friday for cargo after a five-day closure of the key transit point for copper and cobalt exports and fuel imports, but people were still not allowed to cross, a provincial minister told Reuters. President Edgar Lungu had shut the border on... 

B2Gold testing finds 10 positive Covid-19 cases at Mali mine 

By: Mariaan Webb     8th May 2020 Proactive testing at gold miner B2Gold’s Fekola mine, in Mali, has identified ten positive Covid-19 cases, nine of which are asymptomatic. The company is now considering conducting comprehensive onsite testing of all employees for coronavirus with the goal of testing each employee prior to... 

Covid-19 to have outsized impact on mining – developer

1st May 2020 The World Health Organisation (WHO) has declared the Covid-19 outbreak a pandemic and, at the time of writing, there were more than 1.3-million confirmed cases worldwide. Mining companies have been affected by Covid-19 outbreaks, and global restrictions to encourage physical distancing have meant... 

Proper wash-bays prove beneficial

By: Halima Frost     1st May 2020 Investing in a ‘proper’ wash-bay water cannon can save money and time on vehicle upkeep and maintenance for an opencast operation, says fire protection supplier DoseTech MD Mike Feldon. He notes that operations often uses standard fire protection ‘monitors’ or water cannons, which are not fit for... 

Uranium surges 31% amid shutdowns to become year’s top commodity

By: Bloomberg     18th April 2020 ​​​​​​While most commodities are getting hammered by the coronavirus crisis, uranium prices are skyrocketing. The radioactive metal used in nuclear fuel has climbed 31% this year, making it the world’s best-performing major commodity. The gains have been spurred by mine shutdowns that have wiped... 

Mining the golden opportunities of the energy transition and digital transformation

By: Creamer Media Reporter      17th April 2020 Have one last look at the mining of old. An entire industry is digging toward an unrecognisable future. The mining industry is often associated with massive pits either excavated into the ground or underneath the surface. Concern about the environmental impact of extracting minerals has existed... 

Grinding Techniques playing an essential part in the Mining Industry

By: Creamer Media Reporter      15th April 2020 The mining sector plays a prominent role in the South African economy. With the increased demand for raw materials such as Manganese, Chrome, Nickel, Platinum and Coal from various consumers in a global economy, the need to mine cheaper, faster and more productive has never been more prevalent.... 

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