R/€ = 16.11 Change: -0.08
R/$ = 14.48 Change: -0.11
Au 1281.57 $/oz Change: 8.47
Pt 799.41 $/oz Change: -9.99


Tshipi mine on track to meet three-million-tonne sales target

By: Marleny Arnoldi     Updated 2 hours 48 minutes ago ASX-listed Jupiter Mines says its 49.9%-owned subsidiary Tshipi é Ntle Manganese Mining’s Tshipi Borwa mine in South Africa, is on track to deliver on its three-million-tonne sales target for the 2020 financial year. The company remains focused on cost control, with free-on-board production... 

Bushveld establishes dividend policy following ‘transitional’ 2018

By: Marleny Arnoldi     Updated 2 hours 55 minutes ago Aim-listed Bushveld Minerals’ financial results for the year ended December 31, 2018, reflect its transition from a junior mining company to a significant vanadium producer. The company’s flagship vanadium platform includes a 74% controlling interest in mining and processing company Bushveld... 

Three companies join forces to launch EMVAfrica brand 

Updated 3 hours ago Energy Engineered Products, Multi-Alloys and E-Metals Cape have joined forces under the EMVAfrica umbrella to create what they call “a dynamic, single-source solutions provider and service suit”. Simone Liedtke gives us the details. 

Lufthansa maintenance company opens its first operation in South Africa

By: Rebecca Campbell     Updated 3 hours ago Lufthansa Technik Maintenance International (LTMI) formally opened its new, and first, facility in South Africa on Wednesday afternoon. The facility has been established at Johannesburg's OR Tambo International Airport. A second facility is being set up Cape Town. Both facilities are initially... 

Massmart warns on profit, names Walmart executive as new CEO

By: Reuters     Updated 4 hours ago South African retailer Massmart on Thursday warned of lower headline earnings per share for the first half of the year and said that Walmart executive Mitchell Slape would become its new CEO. Massmart, in which Walmart has a majority stake, said headline earnings per share for the six-months... 

PIC faces dilemma over backing Lonmin deal

By: Bloomberg     Updated 6 hours ago South Africa's Public Investment Corporation (PIC) faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner. When Lonmin shareholder votes are tallied next Tuesday at a meeting... 

Offering quality and innovative high pressure solutions across Africa

Updated 7 hours ago Manufacture, sales and service of high-pressure equipment to the Greater African Continent and Neighboring islands. With over 50 years of accumulated industry experience and top of the range products, we have a solution for all your pressure related applications. 

Industrialisation to help South Africa’s mining cluster compete globally

By: Simone Liedtke     22nd May 2019 If industrialization is done properly through advancing the South African mining cluster and using the sector as a driver for industrialisation, the sector has huge potential to operate not only at scale but also to compete in the world market, says Minerals Council South Africa chief economist... 

Minerals Council welcomes safety improvements, but warns of continuing policy concerns 

By: Nadine James     22nd May 2019 The Minerals Council South Africa will, later this year, launch a new health and safety initiative called Khumbela iKhaya, council chaiperson Mxolisi Mgojo revealed on Wednesday. Addressing the council's annual general meeting, he noted that appreciable improvements in the health and safety... 

Mining fatalities among ICMM member companies decrease again

By: Marleny Arnoldi     22nd May 2019 International Council on Mining and Metals (ICMM) member companies recorded 50 fatalities in 2018, compared with the 51 recorded in 2017 and the 63 recorded in 2016. Eleven of ICMM’s 27 member companies reported no fatalities in 2018, compared with eight in 2017. These companies were Africa... 

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