R/€ = 18.47 Change: -0.03
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Au 1863.93 $/oz Change: 1.19
Pt 1107.20 $/oz Change: -2.69


Biden poised to freeze oil and coal leasing on federal land

By: Bloomberg     22nd January 2021 President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about a tenth of US supplies, according to four people familiar with the matter. The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other... 

Trump moves to loosen mining regulations, approve projects as he exits

By: Reuters     8th January 2021 Outgoing US President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes. Administration officials tell Reuters they plan to publish a raft of... 

Oil sands win favour on Wall Street after years in shale's shadow

By: Bloomberg     14th December 2020 After years in the shadow of the US shale boom, the Canadian oil sands are emerging from 2020’s historic market crash with a slew of upbeat outlooks from Wall Street equity analysts. Morgan Stanley and Goldman Sachs Group Inc. are the latest firms to point out the industry’s ability to generate... 

Insurers might be shunning coal, but they still like fossil fuels

By: Bloomberg     2nd December 2020 Even as more insurers across the globe back away from coal, many in the US continue to encourage fossil fuel pollution by underwriting the risk involved in oil and gas exploration and production. At least 65 insurers representing $12-trillion worth in assets have either begun divesting coal... 

Ctrack Freight Transport Index growth slows

By: Irma Venter     1st December 2020 The October Ctrack Freight Transport Index (CFTI) shows that the index will not boast the same growth in the fourth quarter as the record-breaking third quarter, but that some improvement is still expected. The index measures the health of South Africa’s logistics sector. 

Narrabri gas project, Australia

By: Sheila Barradas     27th November 2020 The project has been given environmental approval. 

BCI secures Mardie access

By: Mariaan Webb     27th November 2020 Developer BCI Minerals has entered into an access agreement with the lease holder of the Mardie station, which overlaps in small areas with the proposed Mardie project development footprint and tenure. The access agreement provides Pastoral Management’s (PMPL’s) consent to the grant of key... 

Keystone XL gets Indigenous investment with hopes to woo Biden

By: Bloomberg     18th November 2020 Keystone XL is receiving an investment from Canadian indigenous groups in a deal that TC Energy hopes will help save its embattled oil pipeline project from being scrapped by US President-elect Joe Biden. Natural Law Energy, a group of five first nations in Alberta and Saskatchewan, will make an... 

Ctrack Freight & Transport Index sees logistics sector making a comeback

By: Irma Venter     29th October 2020 The South African logistics sector has just recorded its strongest ever quarter of growth, this according to the newest Ctrack Freight & Transport Index (CFTI). In June, at the end of the second quarter, the CFTI showed that the domestic logistics sector recorded a decline of 17.6% compared with... 

Transnet Pipelines notes another theft incident

By: Tasneem Bulbulia     26th October 2020 Pipelines operator Transnet Pipelines (TPL) says it continues to experience theft of fuel from its petroleum pipelines, with the latest incident in the Ladysmith area on its 24-inch multiproduct pipeline transporting fuel from Durban to the Gauteng inland terminal. The incident resulted in diesel... 

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