R/€ = 16.74 Change: -0.04
R/$ = 13.80 Change: -0.02
Au 1857.00 $/oz Change: -1.56
Pt 1154.02 $/oz Change: 7.52


Coal expected to remain dominant source of power in the coming decade - Fitch Solutions

By: Simone Liedtke     10th June 2021 Coal is expected to remain the dominant source of power for most of Southeast Asia and Australia in the coming decade, at least, and Fitch Solutions Country Risk and Industry Research says that will support the mining of coal and coal trade in the region. Coal currently remains the most practical... 

GoviEx advances Mutanga uranium project

By: Simone Liedtke     28th May 2021 Mineral resource company GoviEx Uranium has executed a drilling contract with Zambia-based drilling company Hydro Tech Drilling & Exploration to undertake exploration and resource delineation drilling programmes at the company’s Mutanga uranium project, in Zambia. “With the reissued Chirundu... 

New green copper play in Northern Cape expects to be cash positive from month two  

By: Martin Creamer     28th May 2021 The new green copper play in the Northern Cape expects to be cash positive from its second month of operation. Big Tree Copper, a rebrand of Cape Copper Oxide, will begin producing copper plate from July, which will be sold at the mine gate to Noble Metals. (Also watch attached Creamer Media video.) 

Pan African lifts full-year guidance on heels of robust operational performance 

By: Donna Slater     21st May 2021 Aim- and JSE-listed midtier gold producer Pan African Resources has raised its production guidance for the financial year to end on June 30, by 5 000 oz to 195 000 oz. It plans to maintain a similar production level for the 2022 financial year, based on current planning.  

New Kyrgyz law allows for control of Kumtor

By: Mariaan Webb     7th May 2021 The Kyrgyzstan Parliament has passed a law that will enable the government to impose “external management” on the Kumtor Gold Company (KGC), owner Centerra Gold said on Friday, while also revealing that the mine faced a $3-billion civil claim and that it owed $170-million in additional taxes.... 

On-The-Air (07/05/2021) 

By: Martin Creamer     7th May 2021 Gold Fields is spending R660-million on solar power at the big South Deep gold mine in Gauteng; Strict new global rules now apply to mine dumps in a bid to ensure that they don’t kill any more people; and South African and Ghanaian business locked armed this week in a welcome automotive deal. 

Mining, beer brewing and circular economy on the agenda at Sustainability Summit Africa 2021

3rd May 2021 Recognising the increasing importance of sustainable procurement practices, Smart Procurement World will host Africa’s first ever continent-wide sustainability summit on 18 and 19 May 2021.  The event features local and international experts who will address the critical role played by supply... 

On-The-Air (30/04/2021) 

By: Martin Creamer     30th April 2021 South Africa’s platinum group metals are being used in an ever increasing number of applications; The multiplier magic of exploration and mining can bring the biggest number of jobs to South Africa; and The eThekwini municipality is embarking on a new journey of developing the hydrogen economy. 

On-The-Air (23/04/2021) 

By: Martin Creamer     23rd April 2021 South Africa must use the upcoming COP26 to promote platinum’s role in fighting climate change; Clearing South Africa’s massive exploration backlog will be a huge boost for the economy; and in generating 750 MW of power, the ferrochrome industry will help to solve our energy crisis. 

Kibo makes progress in shift to renewables

By: Schalk Burger     19th April 2021 Africa- and UK-focused energy company Kibo Energy on April 19 said it had started an extensive due diligence process for the potential acquisition of all or part of a prospective portfolio of renewable energy projects in the UK. The portfolio comprises several standalone renewable energy... 

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