R/€ = 20.78 Change: 0.01
R/$ = 17.63 Change: 0.00
Au 2034.25 $/oz Change: -26.66
Pt 959.45 $/oz Change: -13.12


Codelco to restart projects suspended because of coronavirus

By: Reuters     7th August 2020 Chile's State-run miner Codelco, the world's largest copper producer, said on Thursday it would restart operations and projects it had suspended due to the coronavirus pandemic, beginning next week. The miner had been forced to delay several mine expansion projects as cases of the virus spread... 

New Coupling to meet LPG Tanker Standard

31st July 2020 As per a Bulletin issued by the Liquefied Petroleum Gas Safety Association of Southern Africa (LPGSASA) and further legislated by the Department of Employment and Labour, Cam-and-Groove type Couplings are no longer permitted for use in gas tanker applications and should be replaced with a... 

Cameco to restart Cigar Lake in early September

By: Mariaan Webb     29th July 2020 Canadian uranium major Cameco on Wednesday announced the planned restart of the Cigar Lake mine, in northern Saskatchewan. The mine will resume operations at the beginning of September, having been placed on care and maintenance on March 23, owing to the Covid-19 pandemic. CEO Tim Gitzel said... 

Vedanta's Zambia copper unit warns part of Nchanga openpit mine about to collapse 

By: Reuters     3rd July 2020 Zambia's Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, has closed part of its openpit mine as a portion of the pit is about to collapse, the chief executive officer said late on Thursday. KCM predicted that part of the Nchanga Open Pit in Chingola in Zambia's... 

Mantashe starts oil supply arrangements as some shortage from Astron is expected

By: Marleny Arnoldi     3rd July 2020 Mineral Resources and Energy Minister Gwede Mantashe says his deparment will soon convene meetings with oil companies to ensure alternative supply arrangements are put in place, considering some fuel shortages are expected from Astron Energy's Milnerton refinery. Mantashe notes in a statement... 

Valenciennes solar plant, France

By: Sheila Barradas     3rd July 2020 Total Quadran is developing the largest solar project awarded in the call for tenders in the seventh round of the French Energy Regulatory Commission’s tender for ground-mounted solar parks. 

Codelco warns more restrictions on copper mines would be 'catastrophic' - report 

By: Reuters     2nd July 2020 Chile's State-run Codelco, the world´s top copper producer, warned on Thursday any move to ramp up restrictions on its mines amid the coronavirus outbreak would be "catastrophic" for the country, the company´s chief executive said in an interview in a local daily newspaper. CEO Octavio Araneda... 

Two killed, seven injured in incident at Astron's Milnerton refinery

By: Marleny Arnoldi     2nd July 2020 Petrochemicals company Astron Energy has confirmed that two people were killed and seven injured in a fire at its 100 000 bbl/d Milnerton refinery, in the Western Cape, in the early hours of July 2. The company immediately activated its emergency response procedures and notified the relevant... 

World agencies step in as pandemic poverty hits artisanal miners

By: Reuters     26th June 2020 From a $15-million World Bank fund to an experimental gold-buying project in Burkina Faso, development agencies are delivering financial aid to subsistence miners the Covid-19 pandemic has impoverished. World market prices of gold - viewed by investors as a safe store of value in uncertain times... 

Junior reports gold theft at Colombia mine

By: Creamer Media Reporter      15th June 2020 TSX-V-listed junior Sola Gold on Friday announced that its La Ye mine, in Colombia, was hit in an armed robbery earlier in the week, with thieves taking off with a dore bar of 475 gold-equivalent ounces. The company said an armed group of individuals entered the mine site after a gold pour, but... 

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