R/€ = 19.91 Change: -0.25
R/$ = 17.04 Change: -0.25
Au 1878.70 $/oz Change: -22.55
Pt 854.03 $/oz Change: -29.38


Adapting to circular economy makes ‘good business sense’ – Accenture 

By: Simone Liedtke     7th October 2019 With economies seeking to tap into the $4.5-trillion opportunity that the circular economy presents, mining companies are under pressure to adapt faster and embrace change in order to remain relevant,  Accenture senior MD Rachael Bartels said last week. Speaking to Mining Weekly Online on the... 

Mining has opportunity to engage, reset and invest

4th October 2019 South African mining executives, investors and officials gathered at the second day of the Joburg Indaba conference today where the discussion was kicked off by Mining Minister Gwede Mantashe.  Mantashe said he has been called a coal fundamentalist, but is a realist: “We will have coal for the... 

On-The-Air (04/10/2019) 

By: Martin Creamer     4th October 2019 Minerals Minister Gwede Mantashe this week reiterated South Africa’s full commitment to honouring its climate-change undertakings; New technology is available to turn South Africa’s mining industry back into a sunrise industry that is much safer; and Environment Minister Barbara Creecy says South... 

Deeper research required by those calling for coal’s demise – Menar chairperson

By: Simone Liedtke     4th October 2019 South Africa needs to consider its unique position and its level of industrialisation to determine what should be deemed a “just transition”, Menar chairperson Mpumelelo Mkhabela said during a panel discussion at this year’s Joburg Indaba, in Sandton, this week. Speaking during a panel focusing... 

Robust debate seeks to drive industry forward

3rd October 2019 The mining sector in South Africa finds itself at an inflection point. As a primary sector within an economy that is struggling to grow, coupled with transformative global trends that have a prolific local impact, government and industry must collaborate to align policies and overcome a myriad of... 

Miners need to be agile, innovative, says Andrew Lane

By: Simone Liedtke     3rd October 2019 In the current socioeconomic environment, mining companies need innovative business models, as well as new strategies to adapt to the changing landscape, Deloitte Africa energy and resources leader Andrew Lane believes. However, he warned on Thursday that mining companies would first need to... 

South Africa should identify ‘low hanging fruits’ in tradable sectors – panel

By: Simone Liedtke     2nd October 2019 South Africa should identify the “low hanging fruits” it has in growing the country’s mining, manufacturing, agriculture and tourism sectors, economist Thabi Leoka says, dubbing these as “tradable sectors” that can help the economy grow. However, she laments that South Africa is “nearing that... 

New technologies can make mining safer, sunrise industry – Mgojo  

By: Martin Creamer     2nd October 2019 The utilisation of new technologies could make mining a sunrise industry while simultaneously addressing safety and health issues, Minerals Council South Africa president Mxolisi Mgojo said on Wednesday. Responding to a question by Joburg Indaba chairperson Bernard Swanepoel following his keynote... 

South32's Fraser stresses importance of reliable, competitively priced electricity 

By: Simone Liedtke     2nd October 2019 An overarching challenge to businesses of all sizes in South Africa, is the lack of reliable and competitive power, says South32 COO Mike Fraser. The reliable and competitive supply of power, he adds, “is critical” to the country’s future industrial growth and the creation of jobs. 

US-China trade war may cause gold project surge

By: Mamaili Mamaila     27th September 2019 Although many commodities have remained flat over the past year, the resurgent gold price – mainly driven by uncertainty, owing to the US-China trade war – may result in more gold projects, given the favourable price environment, says project and engineering solutions provider Wood business... 

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