R/€ = 17.06 Change: 0.04
R/$ = 16.74 Change: 0.06
Au 1740.62 $/oz Change: -27.49
Pt 876.50 $/oz Change: 9.00


BHP's neighbours to benefit from wind fences

By: Esmarie Iannucci     2nd June 2022 Mining major BHP has awarded contracts for Australia’s first wind fences, designed to reduce dust emissions as part of BHP’s A$300-million air quality commitment. The fences will be built in Port Hedland by CIMIC Group’s CPB Contractors under a A$130-million contract. 

Global warming made S Africa's recent floods twice as likely – study 

By: Reuters     13th May 2022 Global warming made the heavy rains behind South Africa's devastating floods last month twice as likely as they would have been if greenhouse gas emissions had never heated the planet, scientists said on Friday. Flash floods around the east coast city of Durban killed 435 people, left tens of... 

Webinars provide free practical knowledge for engineers

By: Tracy Hancock     13th May 2022 There is a growing need to bridge the gap between theory and practice in the minerals processing sector, with metallurgical engineering graduates quickly realising their lack of practical experience once they enter the workforce. By attending the free online training workshops offered by... 

Ukraine war fuels food crisis in distant Africa

By: Reuters     11th May 2022 Zimbabwean security guard Edwin Dapi was already struggling to provide for his wife and four children before a conflict 11 000 km away in Ukraine sent global prices for grains, cooking oils, fuel and fertilizer soaring. Now his monthly pay of 18 000 Zimbabwe dollars, worth roughly $55 at the... 

100-year floods

By: Martin Zhuwakinyu     29th April 2022 Growing up in Kwazulu-Natal, I would regularly travel with my father to  far-flung parts of the province as he embarked on community infrastructure projects. On these trips, he would point out the ‘100-year’ flood marks. As a youngster, I took the 100-year period literally, as I suspect many... 

Yamana now eyes 350 000 oz/y at Jacobina; studies Cerro Moro plant expansion

By: Mariaan Webb     28th April 2022 The Phase 2 expansion of the Jacobina mine, in Brazil, is progressing ahead of schedule and is now expected to achieve its throughput objective one-year ahead of schedule, Canada-based Yamana Gold reported on Wednesday. The company stated that the expansion would reach its Phase 2 objective of 8... 

Climate change has cost Southern Africa R640bn since 1980

By: News24Wire      16th March 2022 About 36% of the natural disasters that have occurred in Africa in the past four decades were in Southern Africa and they carried an estimated cumulative economic loss of R640-billion. Alize le Roux, a senior researcher for African Futures and Innovation at the Institute of Security Studies... 

Fitch revises short-term iron-ore price outlook higher on China stimulus

By: Schalk Burger     21st February 2022 Business intelligence firm Fitch Solutions Country Risk and Industry Research is revising its 2022 iron-ore price forecast upwards, from $90/t to $120/t, and its 2023 forecast, from $75/t to $110/t, as Chinese demand has once again started picking up. The firm expects Chinese demand to also... 

Caracal raises £2m to help fund Kilimapesa gold mine expansion

By: Darren Parker     14th February 2022 London-listed gold producer Caracal Gold has raised about £2-million through the placement of an additional 177-million ordinary shares. The additional shares were acquired by a major shareholder of the company and strategic clients of UK-based stockbroker and wealth manager Clear Capital Markets. 

Caracal accelerates expansion at Kilimapesa gold mine

By: Tasneem Bulbulia     3rd February 2022 Aim-listed Caracal Gold is accelerating implementation of the final phase of its initial three-phase operational plan to further increase gold production and improve efficiencies at its flagship Kilimapesa gold mining and processing operations, in Kenya. The third phase will be implemented over... 

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