R/€ = 19.15 Change: 0.00
R/$ = 17.00 Change: -0.02
Au 1774.31 $/oz Change: -0.99
Pt 809.75 $/oz Change: -5.30


Minerals Council shares details of mining industry's Covid-19 resilience with committee 

By: Marleny Arnoldi     19th June 2020 With a higher test rate at 3.01%, compared with the national and global average test rates of 2.07% and 1.57%, respectively, South Africa’s mining industry is proving to be handling the Covid-19 pandemic better than most sectors, the Minerals Council has said. Minerals Council CEO Roger Baxter... 

Implats reiterates support for Waterberg project as 15% shareholder

By: Martin Creamer     17th June 2020 Platinum group metals (PGM) mining and marketing company Implats, which on Wednesday reiterated its support for Waterberg development project and its joint venture partners, also expressed its intention to remain an active participant in the project at its current 15% shareholding level. This... 

Eastplats halts chrome concentrate production for Covid-19 testing, cleaning

By: Schalk Burger     17th June 2020 Canada-based platinum group metals and chrome miner Eastern Platinum (Eastplats) has temporarily halted its chrome concentrate production in South Africa. The operation at the Crocodile River Mine, in the North West province, was halted over the weekend of June 13 and 14 as a result of a... 

Kavango appoints geological modelling firm to advance target selection in KSZ

By: Tasneem Bulbulia     12th June 2020 Aim-listed Kavango Resources has appointed specialist geological modelling firm Mira Geoscience to advance target selection for future drilling in the Kalahari Suture Zone (KSZ), in Botswana. Mira is skilled in advanced geological and geophysical three-dimensional (3D) modelling, including the... 

Platinum retailers working towards recovery amid Covid-19 

By: Simone Liedtke     12th June 2020 Manufacturers and retailers of platinum jewellery have begun working towards ensuring the recovery of the sector, as Covid-19 continues to heavily impact on the global economy, the Platinum Guild International’s (PGI’s) latest 'Platinum Jewellery Business Review (PJBR)' states. Published on June... 

Covid-19 highlighting vital health role of platinum group metals  

By: Martin Creamer     11th June 2020 The Covid-19 pandemic is serving to highlight the vital role that platinum group metals (PGMs) play in the health sector. Platinum, with which South Africa is more endowed than any other country on earth, is more relevant than ever as it joins the fight against Covid-19, the World Platinum... 

Rebooting world’s deepest mines sparks massive labour migration

By: Bloomberg     11th June 2020 South Africa’s gold and platinum miners are racing to bring back thousands of skilled migrant workers who are crucial to ramping up output following the easing of the nation’s coronavirus lockdown. For almost 150 years, South Africa’s deep-level mines relied on cheap labor from neighboring... 

Weekly Coal Index heralds vital new era of African pricing transparency  

By: Martin Creamer     10th June 2020 Coal remains the dominant primary energy source for the production of electricity in South Africa. Even with high allocations for renewable energy in the latest Integrated Resource Plan (IRP) 2019, as well as the prospect of coal-plant decommissioning over the coming ten years, coal is still... 

PTM to raise $2m for Waterberg project

By: Marleny Arnoldi     3rd June 2020 TSX- and NYSE-listed Platinum Group Metals (PTM) plans to undertake a private placement to raise $2-million, through the sale of about 1.4-million shares at $1.40 apiece. An existing major shareholder of the company, Hosken Consolidated Investments, is expected to participate in the private... 

Platinum coins, COP and the Marula mine make headlines  

22nd May 2020 Mining Weekly editor Martin Creamer unpacks the success of South African platinum coins, the gazetting of the guidelines for a mandatory Code of Practice in the mining industry during covid-19, and the Marula mine being temporarily suspended.   

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