R/€ = 16.12 Change: -0.01
R/$ = 14.44 Change: 0.00
Au 1278.82 $/oz Change: -7.06
Pt 819.15 $/oz Change: -7.67


ARA to host workshop to discuss maritime regulation changes

By: Marleny Arnoldi     17th May 2019 The African Refiners and Distributors Association (ARA), together with the Egyptian General Petroleum Company, will in mid-June host an interactive workshop on the impact of the International Maritime Organisation’s changes to regulation around the sulphur content of ship bunker fuel across... 

Rebranded Minerals Council reflects the promise of the future 

By: Nadine James     17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines –  officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... 

Lonmin/Sibanye merger judgment set for Friday 

By: Martin Creamer     10th May 2019 The Competition Appeal Court judgment on the merging of Lonmin with Sibanye-Stillwater is expected to be handed down in the Cape High Court on May 17 at 10h00, Mining Weekly Online can today report. The appeal against the merger was brought by the Association of Mineworkers and Construction... 

Atlas Copco weaves more WEDAs into its innovative submersible dewatering pumps suite

10th May 2019 Atlas Copco’s WEDA electric submersible dewatering pumps series has earned a stellar reputation for its versatility and unrivalled performance. Noting its popularity amongst customers’, the company has extended the portfolio which sees the completion of the ranges for drainage and sludge... 

Jubilee to maintain growth momentum with PlatCro coming into production

By: Simone Liedtke     9th May 2019 AltX- and Aim-listed Jubilee Metals on Thursday reported that the strong performance of the first quarter is expected to be maintained in the second quarter, as the PlatCro platinum group metals (PGMs) project is being brought into production at a targeted processing rate of 60 000 t/m. The... 

Forties Pipeline System, UK

By: Sheila Barradas     3rd May 2019 INEOS plans to transform the Forties Pipeline System and extend the life of the pipeline by at least 20 years. 

US has battery problem in race for electric car supremacy

By: Bloomberg     1st May 2019 The US push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere. Both Chinese and US-based companies have invested heavily in lithium mining projects in Chile,... 

Guinea boosts power output to foster bauxite refining

By: Reuters     29th April 2019 Guinea expects to boost its energy production capacity by nearly four-fold over the next six years as it pushes mining companies to refine their bauxite output locally, the energy minister said on Friday. The West African nation, Africa's biggest producer of the aluminium ore, is in the midst of... 

Implats maintains 2019 guidance despite challenging third quarter 

By: Simone Liedtke     26th April 2019 Against a backdrop of challenges in the third quarter, ended March 31, for platinum miner Impala Platinum, the miner has maintained its market guidance for the full-year. The full‐year refined production for Implats is estimated at between 1.5-million and 1.6-million platinum ounces and, given... 

Nigeria revives plan to double oil output, triple refining

By: Bloomberg     26th April 2019 Nigeria plans to almost double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious. The OPEC member is looking to pump 4 million barrels a day by 2025 and increase refining capacity to 1.5-million barrels daily, Maikanti... 

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