R/€ = 18.46 Change: -0.07
R/$ = 15.29 Change: -0.06
Au 1837.62 $/oz Change: -13.75
Pt 1080.45 $/oz Change: -13.17


Committee welcomes measures to ease congestion at borders, suggests alternative

By: Simone Liedtke     13th January 2021 The Portfolio Committee on Home Affairs is of the view that the implementation of a “one-stop border post” with neighboring countries and the establishment of the Border Management Authority (BMA) will be a solution to the challenges experienced at Beitbridge, between South Africa and Zimbabwe.... 

Sustainable finance must be the key to Africa’s recovery and future prosperity

By: Creamer Media Reporter      12th January 2021 Question-and-answer series with Sunil Kaushal, CEO, Standard Chartered AME What are the roles of the public and private sectors in improving the mobilisation of financial resources towards sustainable development? 

Geraldton port gets export boost

By: Esmarie Iannucci     17th December 2020 An additional two-million tonnes of exports have been secured for the Geraldton port over the next two years, after the Mid West Ports Authority, has signed port services agreements with three resources companies set to export from Geraldton for the first time. Fenix Resources will export... 

Iron-ore rattled as crackdown plea from China mills spurs slump

By: Bloomberg     14th December 2020 Iron-ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material’s blistering rally. The China Iron & Steel Association called on the State Administration of Market... 

NAIF backs Mardie with A$450m loan

By: Esmarie Iannucci     14th December 2020 The Northern Australia Infrastructure Facility (NAIF) has agreed to provide a A$450-million loan to ASX-listed BCI Minerals for its Mardie salt and potash project in Western Australia The A$498-million Mardie salt and potash project is expected to produce more than four-million tonnes of high... 

Coal mining accidents tests China’s control of its cheapest fuel

By: Bloomberg     11th December 2020 At China’s biggest coal event in the mining hub of Shanxi, the industry’s top executives signed deals over three days for more coal than other nations typically use in a year. But the bustling deal-making signals deeper problems in a market vital to the smooth-running of the world’s... 

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... 

E3 stock soars on Alberta lithium PEA results

By: Mariaan Webb     17th November 2020 Lithium project developer E3 Metals has announced the results of a preliminary economic assessment (PEA) for its Clearwater lithium project, outlining plans to produce 20 000 t/y of battery-quality lithium hydroxide monohydrate (LHM) over 20 years. The project has an aftertax net present value,... 

OTGC abandons plan to develop Ngqura liquid bulk storage terminal on viability concerns

By: Creamer Media Reporter      17th November 2020 Joint venture company Oiltanking Grindrod Calulo (OTGC) has decided not to proceed with the development of a liquid bulk storage terminal in the Port of Ngqura. The Transnet National Ports Authority (TNPA) in 2011 awarded OTGC preferred bidder status to develop a liquid bulk storage terminal in... 

Brazil to export uranium, cut fertiliser buying if mine proceeds

By: Bloomberg     17th November 2020 A mining project seen as a priority by the Brazilian government would turn the nation into a uranium exporter and reduce its fertiliser import needs if it proceeds. Latin America’s largest economy, which currently imports uranium for its nuclear plants and ships in most of its fertiliser needs,... 

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