R/€ = 17.48 Change: -0.19
R/$ = 14.85 Change: -0.16
Au 1802.28 $/oz Change: 2.91
Pt 1064.50 $/oz Change: -17.00


Oh ancient art

By: Terry Mackenzie-hoy     23rd July 2021 About 50 years ago, I was at the Department of Internal Affairs in Johannesburg. I had waited for about two hours to be processed so as to be issued with a South African identity document. I had filled out the forms, I had the photos, I had my birth certificate. At the counter, the clerk looked... 

Assessing offshore locations for wind farm development

22nd July 2021 Scanning lidar is one of the preferred solutions for offshore wind measurement of Germany’s North Sea. Industry adoption of scanning lidar technology is growing. Recently, UL’s team completed a successful year long scanning lidar campaign designed to assess local wind resources in support of... 

Extremely strong demand for platinum bar and coin – WPIC  

By: Martin Creamer     22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe,  World Platinum Investment Council (WPIC) head of research Trevor Raymond said... 

Newmont reports solid second-quarter results

By: Mariaan Webb     22nd July 2021 Bullion major Newmont has posted adjusted net income of $670-million in the second quarter of the year – an increase on the preceding quarter and prior-year period. The June quarter results compare with adjusted net income of $594-million in the first quarter of 2021 and $261-million in the... 

Centamin on track to meet full-year guidance, posts solid second-quarter output 

By: Simone Liedtke     22nd July 2021 Gold producer Centamin is set to maintain its full-year gold production and cost guidance of between 400 000 oz and 430 000 oz at cash costs of between $800/oz and $900/oz on the back of another solid operational performance for the second quarter ended June 30. All-in sustaining cost (AISC) for... 

Santos posts record revenues

By: Esmarie Iannucci     22nd July 2021 Oil and gas major Santos has reported record sales revenue of $1.07-billion for the second quarter ended June, on the back of improved commodity prices and a strong operational performance. Production in the three months to June reached 22.5-million barrels of oil equivalent, down 9% on the... 

Northern Star finishes the year strong

By: Esmarie Iannucci     22nd July 2021 Gold miner Northern Star has reported an increase in gold sales for the quarter ended June, allowing the miner to hit its full year targets. Northern Star on Thursday reported that gold sales for the quarter reached 444 012 oz, at an all-in sustaining cost of A$1 459/oz, which was up from the... 

Miners benefit from new govt grant

By: Esmarie Iannucci     22nd July 2021 A number of resources companies will benefit from the federal government’s near A$50-million in funding for projects that will help grow Australian businesses and create new jobs. The matched funding from the A$1.3-billion Modern Manufacturing Initiative will support eight companies in the... 

Bushveld’s vanadium output recovers after slow first quarter 

By: Marleny Arnoldi     21st July 2021 Aim-listed Bushveld Minerals has reported a significant increase in production in the second quarter of the year, albeit from a low base in the first quarter of the year. The integrated primary vanadium producer, with its Vametco, Brits and Mokopane assets in the Bushveld Complex of South... 

Record Cullinan performance drives improvement in Petra’s full-year output

By: Simone Liedtke     21st July 2021 Diamond miner Petra Diamonds produced 3.2-million carats at its operations in the financial year ended June 30. The Cullinan mine’s performance, which contributed production of more than 1.9-million carats, was offset by lower production at Finsch and Koffiefontein, while the Williamson mine, in... 

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