R/€ = 15.87 Change: 0.04
R/$ = 14.36 Change: 0.03
Au 1560.27 $/oz Change: 4.07
Pt 1002.11 $/oz Change: -7.44


First Cobalt upgrades cobalt resource at Idaho project

By: Creamer Media Reporter      16th January 2020 TSX-V-listed First Cobalt has announced a new high-grade mineral resource estimate for the Iron Creek project, in Idaho, US, following an infill drill programme focusing on converting inferred resources to indicated resources. The infill drilling and limited step-out drilling resulted in a 49%... 

As historic ship-fuel switch nears, South Africa is not ready yet  

By: Bloomberg     18th December 2019 Historic rules to clean up pollution in the shipping industry are two weeks from taking effect, but there are signs that enforcing the new legislation will prove tricky. The International Maritime Organisation, part of the UN, is trying to curb the release of sulfur oxides that it says are bad... 

Elikhulu exemplifies South Africa’s project panache

By: Martin Creamer     17th December 2019 If ever a project exemplified South Africa’s project panache, it is the gold-from-tailings project, Elikhulu, which means ‘The Big One’ in Zulu. This ‘Big One’, which is the fourth and largest tailings endeavour of the London- and Johannesburg-listed Pan African Resources, attained the objective... 

Neometals secures pilot funding

By: Esmarie Iannucci     17th December 2019 The Innovative Manufacturing Cooperative Research Center (IMCRC) has agreed to co-fund a A$2.5-million collaborative research project with the Queensland University of Technology to establish a synthetic zeolite manufacturing plant. ASX-listed Neometals has been optimising its patent pending... 

Texas rare earths mine developers to build US refinery

By: Reuters     16th December 2019 Developers of a Texas rare earths mine said on Monday they will build a pilot plant to refine the strategic minerals, the latest domestic processing project announced at a time when more Americans are voicing concern about China's control over the sector. China is the largest global processor of... 

Lundin exports first gold from Ecuador

By: Creamer Media Reporter      13th December 2019 Vancouver-based Lundin Gold has shipped its first gold from Fruta del Norte to Finland, marking the first exports from a large-scale mining operation in Ecuador. The first shipment of concentrate totalling eight containers, containing about 180 t of concentrate, left the Port of Guayaquil on... 

Newcrest and Chevron strike gas deal

By: Esmarie Iannucci     13th December 2019 The Western Australian Chamber of Minerals and Energy (CME) has welcomed an agreement between gold miner Newcrest and US energy major Chevron, for the delivery of natural gas from the Wheatstone, Gorgon and North West Shelf projects. Chevron Australia MD Al Williams was quoted on Friday as... 

80 proud South Durbanites start 2020 with a computer qualification

12th December 2019 The Engen Computer School in Wentworth held a graduation ceremony on 11 December where 80 proud community members received certificates for completing an End User computing course. Over the past decade, Engen’s free computer skills training school has transformed many lives in South Durban,... 

TNG secures iron offtake at Mt Peake

By: Esmarie Iannucci     12th December 2019 ASX-listed TNG has inked a term sheet for a life-of-mine offtake agreement for the entire high purity iron-ore product to be produced at the Mt Peak vanadium-titanium-iron project, in the Northern Territory. Under the binding term sheet with Indian mining conglomerate Vimson Group, 100% of the... 

Portugal's Lusorecursos in talks to fund €400m lithium project

By: Reuters     27th November 2019 Portuguese mining company Lusorecursos said on Wednesday it was negotiating a €400-million funding deal with several international players as it gears up to explore for lithium in the country's northern region. Portugal is Europe's biggest lithium producer, but its miners sell almost exclusively... 

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