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November mining production, sales up; Omicron to weigh on December stats

By: Donna Slater     18th January 2022 Mining production increased by 5.2% year-on-year in November, buoyed by a 38.1% rise in the production of platinum group metals (PGMs) – contributing 7.7 percentage points to the overall tally; and a 9.3% rise in iron-ore – contributing 0.8 of a percentage point, overall. Financial services... 

RBPlat preparing a response to Implats offer

By: Donna Slater     18th January 2022 In response to JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) issuing an offer circular to shareholders of midtier PGM miner Royal Bafokeng Platinum (RBPlat) on January 17, RBPlat says it will revert with its own response circular within 20 business days. Implats and... 

Green hydrogen best long-term opportunity to decarbonise hard-to-abate carbon emitters – Gungubele 

By: Donna Slater     17th January 2022 Hard-to-abate carbon emissions-intensive sectors – such as heavy-duty transport, aviation, maritime and heavy industries – may be able to reduce their emissions through the use of green hydrogen produced at a deep-water harbour facility in Boegoebaai, 60 km north of Port Nolloth. The Boegoebaai... 

Road rehabilitation between Kameeldrift, Ga-Rankuwa to start this week

By: Schalk Burger     17th January 2022 Road management company Bakwena N1/N4 Platinum Highway will undertake major rehabilitation of the base layers in the left-hand lane on portions of the N4 between Kameeldrift and Ga-Rankuwa Interchanges as part of its 2022 planned maintenance programme. The detailed design for this work was... 

Gold steady as investors weigh policy outlook, omicron concerns

By: Bloomberg     17th January 2022 Gold was steady as investors weighed the outlook for tighter monetary policy and the threat of the omicron virus variant to the global economic recovery. Billionaire investor Bill Ackman said the Federal Reserve is losing its battle against inflation and should raise its key interest rate by a... 

Implats tables RBPlat share offer in circular to shareholders 

By: Donna Slater     17th January 2022 JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has issued an offer circular to shareholders of midtier PGM miner Royal Bafokeng Platinum (RBPlat) on January 17 as it proposes to acquire all RBPlat shares it does not already hold. As at January 7, it held 102.05-million... 

Mantashe says DMRE committed to pursuing energy mix that ensures security of supply

By: Tasneem Bulbulia     14th January 2022 The Department of Mineral Resources and Energy (DMRE) will continue to pursue an energy mix that will ensure security of supply, while remaining cognisant of the country’s international commitments to respond to climate change, Mineral Resources and Energy Minister Gwede Mantashe said during a... 

Glencore-Merafe JV building new PGMs production plant at Kroondal 

By: Donna Slater     14th January 2022 JSE-listed ferrochrome producer Merafe Resources reports that it and Glencore Operations South Africa have reached an agreement to contribute to the Glencore-Merafe chrome joint venture (JV) a new platinum group metal (PGM) production plant that is currently being built at the Kroondal mine. The... 

Waterberg nudges toward construction decision  

By: Marleny Arnoldi     14th January 2022 After completing a 46-hole drilling programme and having conducted various geophysical surveys in October last year, TSX- and NYSE-listed Platinum Group Metals (PTM) is ready to advance the palladium-dominant Waterberg project to a development and construction decision. The company’s other... 

Potentially game-changing hydrogen fuel cell technology attracts funding  

By: Martin Creamer     13th January 2022 Hydrogen fuel cells are increasingly being viewed as an attractive technology to decarbonise large parts of industry, particularly heavy-duty transport. Two key barriers to more widespread adoption of fuel cells are the costs and production scale of fuel cell systems. 

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