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Lithium prices to normalise, as demand increases – Fitch Solutions

By: Simone Liedtke     Updated 2 hours 58 minutes ago Following the spike in Chinese spot prices experienced from the end of December 2020 through to the end of January, research agency Fitch Solutions Country Risk and Industry Research expects broad lithium prices to soon normalise. Chinese spot prices for battery-grade lithium carbonate and... 

DFFE invites comment on extension of mining rights financial provisioning

By: Marleny Arnoldi     Updated 3 hours ago The Department of Forestry, Fisheries and the Environment (DFFE) has invited public comment on the planned 12-month extension of the transitional arrangements contained in the Financial Provisioning Regulations for mining rightholders, who obtained their rights before November 20, 2015. The... 

Global gold ETF holdings drop in the first quarter  

By: Tasneem Bulbulia     Updated 3 hours ago Gold exchange-traded fund (ETF) investors liquidated 175 t in the first quarter of this year, representing the largest level of net quarterly outflows since the fourth quarter of 2013, says financial markets, data and infrastructure provider Refinitiv Metals Research. It was also the second... 

Housing authority delivered 14 000 units in 2020, asks for budget reform

By: Marleny Arnoldi     6th May 2021 Social Housing Regulatory Authority (SHRA) council chairperson Bathabile Dlamini says the 2019/20 financial year had seen “encouraging” performance in that 13 projects were completed, delivering almost 14 000 units. Although the target for the year was not met, it is a solid achievement, she... 

Opinion: Curbing illegal capital flight would unlock resources for infrastructure

3rd May 2021 In this opinion article, Bongani Mankewu contrasts the strong resource mobilisaiton framework associated with President Joe Biden’s infrastructure plan with South Africa’s far less assertive handling of illicit financial flows (IFF) to help secure resources for its own plan. South Africa’s... 

EOH assures customers of its transparent and ethical practices as legacy contracts near an end

By: Schalk Burger     30th April 2021 Information technology services provider EOH, responding to media reports in April about its irregular legacy contracts, said issues raised in the media reports are largely as a result of EOH’s transformation strategy, which has been systematically and regularly reported to all stakeholders. The... 

No new outbreaks of highly pathogenic avian influence, says association

By: Simone Liedtke     30th April 2021 Although no new outbreaks of avian influenza have been reported since the previously confirmed cases, South Africa’s poultry and ostrich industries remain under national high alert with strict biosecurity measures in place. An appeal has also been made to hobbyist keepers of any birds, including... 

Gold Fields ramping up climate change mitigation measures 

By: Donna Slater     30th April 2021 Gold miner Gold Fields derived 5% of its group electricity from renewable sources in 2020. It plans to further ramp this up in the coming years, its 2020 Climate Change Report shows. At its Agnew operation, in Australia, the miner derived 57% of its electricity from renewable sources, mostly... 

Patel unpacks employee share ownership schemes progress

By: Marleny Arnoldi     30th April 2021 Trade, Industry and Competition Minister Ebrahim Patel is drafting guidelines on employee ownership and other broad-based ownership schemes. He intends to publish, in the coming week, a practice note dealing with some clarifications around community trusts and individual ownership schemes.  

On-The-Air (30/04/2021) 

By: Martin Creamer     30th April 2021 South Africa’s platinum group metals are being used in an ever increasing number of applications; The multiplier magic of exploration and mining can bring the biggest number of jobs to South Africa; and The eThekwini municipality is embarking on a new journey of developing the hydrogen economy. 

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