R/€ = 16.62 Change: -0.01
R/$ = 14.82 Change: -0.01
Au 1338.55 $/oz Change: -16.37
Pt 791.00 $/oz Change: -23.09


SA’s ‘very old’ trade remedies

By: Riaan de Lange     7th June 2019 In 2003, the International Trade Centre (ITC) published a 290-page book on trade remedies, titled Business Guide to Trade Remedies in South Africa and the Southern African Customs Union – Antidumping, Countervailing and Safeguards Legislation, Practices and Procedures. I know this, as I was its... 

Australia, Malaysia to meet over rare earths on June 20

By: Reuters     4th June 2019 Australian and Malaysian government officials are due to meet later this month, a state mining spokeswoman confirmed and the plan for Lynas Corp's controversial rare earths waste storage in the country is likely to be at the top of the agenda. Bill Johnston, Western Australia's Minister for... 

Malaysia to let Australia's Lynas continue running rare earths plant -PM Mahathir

By: Reuters     30th May 2019 Malaysian Prime Minister Mahathir Mohamad said on Thursday that his country will allow Australian rare earths producer Lynas Corp to keep operating a processing plant in the country. Mahathir's comments remove the uncertainty that had been hanging over the future of Lynas' $800-million plant... 

Cautionary rare earths tale found in Molycorp's rise and fall

By: Bloomberg     30th May 2019 Investors with long memories might be forgiven for a sense of deja vu over warnings about rare earths and Chinese supply. Chinese state media reports grabbed global attention Wednesday as they dropped heavy hints about export cuts. Rare earths – a group of 17 obscure, hard-to-pronounce elements... 

Trial mining preparation ongoing at Monument’s Malaysia mine

By: Simone Liedtke     29th May 2019 TSX-V-listed Monument Mining on Tuesday reported that preparation was ongoing for a trial mining programme at the Peranggih gold prospect at the Selinsing gold mine, in Malaysia. The programme is aimed at sustaining the current oxide production before the sulphide production starts. 

Egypt mulling Blackstone unit's offer to take over power plants

By: Bloomberg     28th May 2019 Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings of Malaysia to take over three power plants co-built by Siemens – a move that could cut the North African nation’s debts while bringing in much-needed foreign investment. Both Blackstone’s Zarou and Edra have voiced... 

Denel announces last phase of offset programme for Malaysia

By: Rebecca Campbell     24th May 2019 South Africa’s State-owned defence industrial group Denel has announced that it has launched its tenth and last offset project for Malaysia, being provided in return for the South East Asian country’s order for armoured vehicle gun turrets and integrated weapons systems for armoured fighting... 

Lynas to set up plant in WA as it abandons plans for Malaysia facility

By: Esmarie Iannucci     21st May 2019 Rare earths miner Lynas on Tuesday told shareholders that it would relocate a planned processing facility from its Kuantan operations in Malaysia, to its operations in Western Australia. Speaking at an investor conference, CEO and MD Amanda Lacaze noted that the cracking and leaching facility... 

Denel announces latest phase of its offset programme to Malaysia 

By: Rebecca Campbell     10th May 2019 South Africa’s State-owned defence industrial group Denel announced on Friday that its tenth and last offset project for Malaysia, being provided in return for the Asian country’s order for armoured gun turrets and integrated weapons systems for armoured fighting vehicles (AFVs), was launched... 

Nearly R3bn in investment raised for Cape Town, Western Cape in 2018/19

By: African News Agency      23rd April 2019 The Western Cape’s investment promotion agency Wesgro said on Tuesday it had helped secure R2.85-billion in investments in the province during the 2018/19 financial year which would be realised over a five year period and create nearly 1 000 jobs. It said this followed a successful fourth quarter... 

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