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Orange, De Beers Marine South Africa develop IoT geofence for offshore mining crew safety

By: Schalk Burger     4th September 2020 Digital services multinational Orange Business Services and diamond miner De Beers' subsidiary De Beers Marine South Africa have jointly installed and tested a customised Internet of Things (IoT) solution to provide geofencing to maintain safe working distances for crew around the heavy machinery... 

Metso Outotec starts operations - partner for positive change for tomorrow’s aggregates, minerals, metals and recycling industries

3rd September 2020 As sustainable processing of the world’s natural resources is becoming a norm within the industries, Metso Outotec is driving the transformation.  Metso Outotec, a unique new company with leadership in sustainable minerals and metals processing and recycling technologies begins its operations... 

Kogi Iron nears trial mining completion

By: Marleny Arnoldi     20th August 2020 ASX-listed Kogi Iron has advised that it is nearing the end of its small-scale trial iron-ore mining at the Agbaja Cast Steel project, in Nigeria. The company is in the process of conducting trial mining on site, as well as various community activities, including water clarification and flow... 

Home of the oil sands eyes cleaner future as hydrogen superpower

By: Bloomberg     13th August 2020 The idea of producing cleaner-burning hydrogen to rid the world of fossil fuels is gaining traction in the unlikeliest of places: Alberta, home of the infamously dirty oil sands. Better known for energy companies that have been blacklisted by the Church of England for their emissions-intensive... 

Sasol warns of dramatic earnings collapse as it confirms R112bn impairment

By: Terence Creamer     11th August 2020 Chemicals and energy group Sasol warned of a dramatic collapse in its 2020 financial performance on Tuesday, confirming that losses for the period would represent a deterioration of more than 100% when compared with results reported for the 2019 financial year. The decline, the company told... 

Uncertain when Milnerton oil refinery will come back on stream ­ 

By: Martin Creamer     11th August 2020 Astron Energy’s oil refinery in Cape Town, where a fire broke out last month killing two people and injuring seven others, remains closed while a full investigation into the incident is carried out. The former Chevron 100 000 bbl/d Milnerton refinery – which with the Caltex brand now fall under... 

Albemarle warns lithium sales sliding amidst weak EV market

By: Reuters     6th August 2020 Albemarle, the world's largest producer of lithium for electric vehicle batteries, warned on Wednesday that its third quarter sales and profit will dip as automakers produce fewer EVs due to the coronavirus pandemic. The warning came after the company posted a 45% drop in second-quarter profit... 

Copper is surging, but it doesn’t mean economy is booming

By: Bloomberg     10th July 2020 Copper prices are surging, and for once it’s not because the economy is booming. The metal – known colloquially as Dr. Copper because its performance is often used to gauge the health of the overall economy – has surged by a staggering 45% since mid-March. That’s despite the International... 

Copper poised to maintain upward price trajectory, says ERG CEO

By: Simone Liedtke     6th July 2020 Diversified miner Eurasian Resources Group (ERG) says the unprecedented levels of stimulus across the world are set to sustain the recovery in copper demand in the longer term, with the supply impact of the Covid-19 pandemic expected to extend beyond this year. Growth drivers include the digital... 

New digital technologies improve manufacturing capabilities

3rd July 2020 Metallurgical plant supplier SMS group has developed digital technology called the X-Pact MES 4.0, along with the Safety Locator Suite system, which both aid in the digital transformation of organisations and help to gain faster insights and more informed management decision-making, with the... 

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