R/€ = 19.07 Change: 0.14
R/$ = 17.37 Change: 0.26
Au 1711.20 $/oz Change: -16.90
Pt 831.35 $/oz Change: 4.29


New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci     26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... 

Helping companies generate value from their waste water

By: Creamer Media Reporter      25th May 2020 Vibrating Sheer Enhanced Process (VSEP) technology supplied by leading South African sustainable water and energy solutions provider Talbot is an attractive proposition for industries that have the opportunity to reclaim large volumes of valuable raw material lost in their effluent streams.... 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Core Lithium nears official signing of second offtake agreement

By: Marleny Arnoldi     22nd May 2020 ASX-listed Core Lithium has signed a nonbinding agreement to supply its first European offtake partner, Transamine Trading. The term sheet of the agreement paves the way for a binding agreement later this year, which will see Core supplying 50 000 t/y of lithium concentrate for five years to... 

Denel unable to pay salaries this month, union reports

By: Rebecca Campbell     20th May 2020 The Solidarity trade union has reported that, at a meeting with Denel management on May 18, the State-owned defence industrial group had confirmed that it could not pay its staff their salaries at the end of this month. Export orders worth R101-million could not be delivered because the necessary... 

The importance of localisation has never been more evident

By: Creamer Media Reporter      16th May 2020 The South African government has been encouraging the localisation of manufacturing for years and, given the current Covid-19 pandemic and its effect on global supply chains, this drive has become more pertinent, says refractory producer and supplier Refractory and Metallurgical Solutions (RMS).... 

Niasa highlights funding options for new nuclear power 

By: Rebecca Campbell     15th May 2020 The Nuclear Industry Association of South Africa (Niasa) has highlighted a range of options for the financing of new nuclear power plants (NPPs) in South Africa. This followed the recent announcement to Parliament’s Portfolio Committee on Mineral Resources and Energy by Mineral Resources and... 

Digital solutions can assist agricultural export sector during Covid-19

By: Donna Slater     15th May 2020 Technology that can be used by the agricultural industry plays an increasingly important role as has recently become evident in the efficiencies it can drive in the food industry as Covid-19 disrupts various businesses, says start-up tech business Agrigate One CEO Greg Whitaker. He says the... 

Under pressure: air cargo stakeholders become flexible to deliver

11th May 2020 Challenged by a lack of capacity and rising prices, air cargo stakeholders are adapting to the new normal in a bid to keep supply chains operational and economies running. This is according to industry stakeholders who were participating in a webinar on the state of Africa’s air cargo sector amid... 

Brazil's Vale sees a 'very vigorous' economic recovery in China

By: Reuters     11th May 2020 Brazil's Vale is seeing a "very vigorous" economic rebound in China, the iron-ore miner's principal export market, CFO Luciano Siani said during an online event hosted by newspaper Valor Economico on Friday. "Industrial activities [in China] are practically at their normal levels.... Civil... 

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