R/€ = 19.04 Change: 0.09
R/$ = 16.12 Change: 0.08
Au 1900.99 $/oz Change: 1.85
Pt 877.41 $/oz Change: -12.99


Central banks net sellers of gold owing to pandemic, says Refinitiv

By: Tasneem Bulbulia     23rd October 2020 Central banks shifted to net sellers for the first time in nearly a decade, with net sales estimated at just under 13 t for the third quarter, research from financial markets data company Refinitiv shows. The shift was driven by an absence of purchases from Russia and China, as well as a... 

Bokamoso Solar starts commercial operations

By: Tasneem Bulbulia     18th September 2020 Bokamoso Solar, situated near Leeudoringstad, in the North West province, has started commercial operations. The 67.9 MW solar photovoltaic (PV) power plant and several others currently under construction are expected to have put the North West on the map as a player in the renewable energy... 

AIIM’s 86 MW Droogfontein 2 Solar Park begins full operation

By: Creamer Media Reporter      2nd September 2020 The Droogfontein 2 Solar Park situated near Kimberley in the Northern Cape, has reached full grid code compliance and Commercial Operation reports Engineering, Procurement and Construction (EPC) contractor juwi Renewable Energies (“juwi”). The 179 hectare solar area (comprising over 260,000 solar... 

Juwi completes first of three awarded solar projects

By: Marleny Arnoldi     1st September 2020 Juwi Renewable Energies has announced that the Droogfontein 2 Solar Park, near Kimberley, has reached full grid code compliance and started commercial operations. The 179 ha area, which comprises 260 000 solar panels on a single-axis tracker system, is supplying 75 MW to the national grid.  

Western Australian salt project gets federal backing

By: Esmarie Iannucci     25th August 2020 The federal government has awarded ASX-listed BCI Minerals Major Project status for its Mardie salt and potash project, in Western Australia. Major Project status provides companies with extra support from the Major Projects Facilitation Agency, including a single entry point for Commonwealth... 

DPWI, AgriSeta to train 400 artisans

By: Simone Liedtke     24th August 2020 The Department of Public Works and Infrastructure (DPWI) has provided about R66-million to AgriSeta to train 400 Expanded Public Works Programme (EPWP) participants to become artisans. The funding was provided by the Department of Higher Education and Training’s (DHET’s) National Skills Fund... 

Kazatomprom to keep production curtailments

By: Mariaan Webb     19th August 2020 Uranium major Kazatomprom would continue flexing down production by 20% through 2022 to help the market recover from a “long period of oversupply”, CEO Galymzhan Primatov announced on Wednesday. “We are simply not seeing the market signals and fundamental support needed to ramp up mine... 

Galiano appoints new COO

By: Creamer Media Reporter      17th August 2020 Ghana-focused Galiano Gold, formerly Asanko Gold, on Monday announced the appointment of Matt Badylak as executive VP and COO with immediate effect. He would be based in the company's head office in Vancouver. The appointment follows the recent death of former COO Josephat Zvaipa, who died... 

South Africa should take the lead in adopting TIR system, says IRU

By: Irma Venter     17th August 2020 South Africa should take the lead in adopting the Transport Internationaux Routiers (TIR) system in sub-Saharan Africa, says the International Road Transport Union (IRU). TIR is a United Nations convention and enables goods to be shipped from a country of origin, through transit countries, to a... 

Covid-19 severely impacts business confidence, unemployment

By: Donna Slater     17th August 2020 Strategy and investment consulting firm Singular Group says the Covid-19 pandemic has severely impacted South Africa’s economy, to such an extent that business confidence is at an all-time low, 22% lower than during the 2008 global financial crisis and currently ranking in the 8% range. During... 

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