R/€ = 15.81 Change: -0.03
R/$ = 14.06 Change: 0.00
Au 1275.51 $/oz Change: 0.60
Pt 900.49 $/oz Change: 16.44


Denel to stop manufacturing parts for Airbus A400M aircraft

By: Rebecca Campbell     12th April 2019 South African State-owned defence industrial group Denel announced at the end of last month that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject... 

Diamond ETF gets closer as UK approves gem pricing benchmark  

By: Bloomberg     2nd April 2019 The UK’s financial regulator added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset. The Financial Conduct Authority has authorized U2 Diamond Prices as a benchmark administrator, joining... 

MC Mining to develop Phase 2 of Makhado according to 2017 Makhado ‘Lite’ project plan

By: Simone Liedtke     27th March 2019 Phase 2 of ASX-, Aim- and JSE-listed MC Mining’s Makhado hard coking and thermal coal project will be developed according to the 2017 Makhado ‘Lite’ project plan, the emerging coal miner confirmed on Wednesday. The announcement follows after MC Mining’s board earlier this month approved the... 

FreshSafe PET® from KHS: Association of Plastic Recyclers recognizes recyclability achievement

26th March 2019 Technology combines product protection with recyclability Better barrier properties than composite materials Growing demand for clean recycling systems for PET bottles The public demand for more sustainability is growing stronger. As a result the industry is increasingly concentrating on the... 

Coated pumps offer long-term benefits

By: Mc'Kyla Nortje     22nd March 2019 Although the thermal spray coating of pumps can  add about 20% more to the capital costs of the pumps, Olifantsfontein-based thermal spray coating technology specialist Thermaspray production manager Paul Young says this will save significantly on operational costs in the long term. “A thermal... 

US grounds Boeing 737s after pair of crashes, reversing course

By: Bloomberg     13th March 2019 US regulators reversed course Wednesday and announced they will ground Boeing Co.’s top-selling 737 Max family of airliners amid safety concerns after a crash Sunday in Ethiopia – five months after a similar tragedy off Indonesia. “The safety of the American people and all people is our paramount... 

Auctions an efficient way to generate cash, reduce costs

By: Nadine James     1st March 2019 The term mining auction refers to a range of disposals in the mining sector, including the disposal of scrap and/or surplus yellow equipment, assets from business rescue and/or liquidation, and the disposal of mining concessions, explains Hogan Lovells partner Nicholas Veltman. The primary... 

Airbus to end production of its flagship A380 airliner

By: Rebecca Campbell     1st March 2019 Europe-based global aerospace major group Airbus has announced that production of its flagship four-engined A380 Superjumbo airliner would end in 2021. This is because the main customer for the aircraft, Emirates, had decided to cut its order for the airliner by 39 units, and because there is no... 

Initial results confirm gold mineralisation for Cora Gold in Mali

By: Marleny Arnoldi     26th February 2019 Aim-listed Cora Gold has provided initial results from its aircore (AC) and reverse circulation (RC) drill programme at the Sanankoro gold discovery in the Yanfolila Gold Belt, in Mali, where the focus has been on outlining higher grades. Highlights from the results include 8 m at 3.17 g/t gold... 

EY says Canadian miners can be more optimistic about 2019

By: Mariaan Webb     22nd February 2019 The Canadian mining sector continued to face challenges in the final quarter of 2018, as a Chinese economic slowdown weighed on commodity prices, but advisory firm EY says there is reason to be optimistic for 2019. The EY Canadian Mining Eye index, which tracks the Canadian mining sector... 

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