R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74


Jubilee set to acquire Sable Zinc refinery  

By: Nadine James     22nd March 2019 Dual-listed Jubilee Metals on Friday announced that it has executed a share purchase agreement for the acquisition of the Sable Zinc refinery in Kabwe, Zambia. The refinery is situated immediately adjacent to the large stockpiles of zinc, lead and vanadium that Jubilee has contracted from BMR Group. 


By: Creamer Media Reporter      15th March 2019 The world’s top-selling manufacturer and distributor of electric and pneumatic vibrators, OLI, now offers stainless steel industrial motors for clean and efficient plant operations. Established in 1961, OLI remains committed to delivering high-quality market-orientated products with a central... 

Groundwood reject system conversion, Russia

By: Sheila Barradas     15th March 2019 JSC Volga plans to convert the existing groundwood reject line, Nizhnij Novgorod, into a thermomechanical pulping line. 

China becomes world's biggest importer of rare earths - analysts

By: Reuters     13th March 2019 China, the world's top producer of rare earth elements, last year also emerged as the biggest importer of the group of minerals used in everything from ceramics to consumer electronics, analysts said on Wednesday. China has for years been the world's biggest rare earths exporter, raising... 

Power outage cuts Nifty production

By: Esmarie Iannucci     12th March 2019 ASX-listed Metals X has warned of production impacts at its Nifty copper operation, in Western Australia, following a temporary loss of power at its underground mine. The power outage was caused by a short circuit of the underground power cables leading from the gas turbine to the underground... 

Petrochemicals and jet fuel to underpin oil growth as gasoline slows 

By: Terence Creamer     11th March 2019 Petrochemicals and jet fuel have emerged as key drivers of oil growth, with the International Energy Agency’s (IEA’s) latest market forecast indicating that the two sectors will account for more that 30% of global growth in the coming five years, as gasoline demand slows as a result of efficiency... 

Multibillion-dollar Zim PGMs project making progress 

By: Natasha Odendaal     8th March 2019 In the heart of the Great Dyke of Zimbabwe, within the world’s second-largest known platinum group metals (PGMs) deposits, exploration has started on the 23 903 ha mining area of the Karo platinum project. One year after Cyprus-based Karo Mining signed the $4.2-billion deal to develop the latest... 

Waipec focuses more on sub-Saharan Africa

By: Thabi Madiba     8th March 2019 The third West African International Petroleum Exhibition and Conference (Waipec) was a success, bringing sub-Saharan African companies together to learn from one another about best practices to move the industry forward and how to survive in the competitive landscape, says Petroleum Technology... 

Hydrogen essential for chemicals sector

8th March 2019 With its range of industrial uses and applications, hydrogen is a very importantmolecule essential in many sectors such as chemicals, refining and metallurgical applications, as well as glass and electronics manufacturing. When it comes to the bulk manufacturing of hydrogen, there are adequate,... 

Companies sign share purchase agreement worth $350-million

8th March 2019 Energy producer Chevron, a wholly-owned subsidiary of Chevron Corporation, has announced that it has signed a share purchase agreement with petroleum products marketer and refiner Petrobras America (Petrobras) to acquire all the outstanding shares and equity interests of refinery company Pasadena... 

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