R/€ = 18.94 Change: 0.14
R/$ = 16.60 Change: 0.14
Au 1811.10 $/oz Change: 10.26
Pt 831.50 $/oz Change: -1.74


Majority of IPPs said to agree to refinancing initiative 

By: Marleny Arnoldi     10th July 2020 A representative from the Department of Mineral Resources and Energy's (DMRE's) Independent Power Producer (IPP) Office has confirmed that 70% of South Africa’s 64 IPPs have indicated they will participate in the department’s renewable energy project refinancing initiative. DMRE infrastructure... 

Pikitup shuts two depots following spike in Covid-19 cases

By: Tasneem Bulbulia     2nd July 2020 The City of Johannesburg’s waste management entity Pikitup has received confirmation that a further 30 employees at the Roodepoort depot have tested positive for Covid-19, taking the total number of employees infected by the virus to 45. The Roodepoort depot was initially closed on June 15 when... 

Health and Safety officers under pressure to manage a safe return to work

By: Creamer Media Reporter      23rd April 2020 How health & safety should manage COVID-19 risk at work With COVID-19 information, guidelines and regulations continually changing, environmental health and safety officers will have to take a cautious, well organised approach to planning for employees’ return to work. 

Tailings risk management still not up to standard – foundation

By: Marleny Arnoldi     7th April 2020 The mining industry is still “dragging its heels” on the step-change measures required to prevent catastrophic tailings failures, such as the Brumadinho tailings dam collapse in Brazil that killed 270 people, says Responsible Mining Foundation (RMF). In the newly released 'Responsible Mining... 

DuPont takes over Lodestone partners

By: Marleny Arnoldi     20th March 2020 Operations management consultancy DuPont Sustainable Solutions (DSS) has acquired the assets of Toronto-based consultancy Lodestone Partners, effective end-February. This will deepen DSS’ knowledge and capability in the area of operations excellence in the natural resource and mining industry,... 

Moody’s downgrades Sasol amid volatile market conditions

By: Simone Liedtke     6th March 2020 Ratings agency S&P Global Ratings has affirmed petrochemicals company Sasol’s BBB-/A-3 credit rating, but fellow ratings agency Moody’s has downgraded Sasol’s credit rating to Ba1/NP, the latter reflecting the company’s elevated leverage in the context of volatile market conditions. The ratings... 

De Beers identifies actions to further drive safety at its operations

By: Tasneem Bulbulia     12th February 2020 Diamond miner De Beers Group has identified five focus areas that will be advanced across the group’s businesses to further improve safety. The actions were agreed on at the group’s biannual safety summit last week, which brought together CEOs from across the group to deeply engage on Pioneering... 

Safe havens shine as spreading virus spurs rush to buy gold

By: Bloomberg     27th January 2020 Gold jumped as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as much as 1.1% as risk-off sentiment swept markets, with equities tumbling and Treasures gaining. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and... 

Expanding the Free State provincial economy through small business development

By: Creamer Media Reporter      21st January 2020 The Free State Provincial Government’s endorsement and support of the 2nd Annual Smart Procurement World Conference and Enterprise & Supplier Development (ESD) Expo will see the building of sustainable local industries. In addition, says Debbie Tagg, COO of Smart Procurement (the organisers of... 

SAI Global QPRO and SAIGAS acquisition deal closes

16th January 2020 NOSA becomes top MEA ‘one stop shop’ for risk management NOSA Group is pleased to announce the closing of the transaction to acquire QPRO and SAIGAS, the Assurance South African businesses of SAI Global, a recognised leading provider of integrated risk management solutions and assurance services. 

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