R/€ = 16.36 Change: 0.04
R/$ = 14.77 Change: 0.04
Au 1474.76 $/oz Change: 6.69
Pt 911.04 $/oz Change: 14.77


US coal giant is 'unglued' as $800m takeover sours

By: Bloomberg     15th November 2019 US miner Contura Energy’s $800-million bet on international coal markets is souring. In November 2018, when Contura bought Alpha Natural Resources and became America’s biggest supplier of metallurgical coal, global prices for the fuel were climbing -- bolstered by demand, particularly in China.... 

Online Auction of Metal Foundry and Equipment

15th November 2019 GoIndustry DoveBid has two unique sales coming up on 21 November 2019, including a business rescue sale of a complete chrome spiral plant and an online auction of a foundry plant and equipment. For more information on this Sponsored Post, visit, 

Bushveld group advances vanadium redox flow battery plans through Enerox deal 

By: Marleny Arnoldi     13th November 2019 Aim-listed Bushveld Minerals’ 84%-owned subsidiary Bushveld Energy has signed a term sheet agreement with CellCube Energy Storage Systems to acquire all issued shares in Enerox for €11-million. A Bushveld Energy-led consortium has been granted exclusivity until the end of February 2020 to... 

Capisol forges excellent client relationship with Stalcor

13th November 2019 Software-as-a-Service (SaaS) is not a new concept, however it continues to revolutionise the software industry – and the delivery thereof - with increased emphasis and focus on client service. Capisol, a proudly local developer and provider of an integrated, cloud-native, document management... 

BOD recovers first diamonds from residual stockpiles at Marsfontein

By: Marleny Arnoldi     12th November 2019 London-listed Botswana Diamonds (BOD) has recovered the first diamonds from its plant commissioning activities at the Marsfontein mining permit. The company’s 40%-owned associate Vutomi Mining was last month granted a mining permit for the diamond-bearing gravels and residual unprocessed... 

Telkom continues to grow mobile service business

By: Marleny Arnoldi     12th November 2019 Despite a prevailing challenging operating environment, telecoms company Telkom, which has announced that it is in negotiations regarding a possible acquisition, managed to increase its revenue by 4.7% year-on-year to R21.5-billion for the six months ended September 30. However, headline... 

TRAC intervenes to alleviate truck backlog between Komatipoort, Lebombo border post

By: Marleny Arnoldi     8th November 2019 Toll route manager Trans African Concessions (TRAC) has expressed concern about a truck backlog between the Komati Load Control Centre and the Lebombo Border Post over the past few weeks. The backlog is negatively impacting on the N4 toll route.  

Weba Chute Systems

5th November 2019 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

Bushveld supports Avalon, redT merger 

By: Simone Liedtke     1st November 2019 Integrated primary vanadium producer Bushveld Minerals has agreed to support the merger of vanadium redox flow battery manufacturer Avalon Battery Corporation and redT energy with interim funding of $5-million. The interim funding will give Bushveld an opportunity to acquire a strategic interest... 

Tourism, energy at risk as Africa's largest waterfall runs low

By: Bloomberg     1st November 2019 The flow at the Africa’s biggest waterfall is at its lowest since 1995, highlighting the threat posed by a drought to tourism and electricity generation in Zimbabwe and Zambia. Flow has slumped to 109 m3/s at Victoria Falls, a 1.7 km curtain of falling water at the peak of a normal wet season,... 

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