Norilsk Nickel’s to modernize its smelting line
HELSINKI, FINLAND – Metso Outotec has been awarded a landmark contract by PJSC MMC Norilsk Nickel to modernize one of
Read more
Author: admin
Perseus pours first gold at Yaouré ahead of schedule
Perseus Mining has advised it has successfully completed the first pour of gold at its Yaouré Gold Mine in Côte
Read more
November 2020 global crude steel production
BRUSSELS, BELGIUM – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.3
Read more
South32 divests from coal and gets smelter energy supply
South32 Limited advises that the Competition Tribunal of South Africa has completed its hearing to consider the proposed sale of
Read more
PPC African operations showed healthy revenue growth
In Rwanda, CIMERWA continues to benefit from robust cement demand, driven by large infrastructure projects, growth in the retail market,
Read more
Sasol divests from gas-to-power plant in Mozambique
JOHANNESBURG – Sasol has announced that a sale securities purchase agreement has been signed with Azura Power Limited for the
Read more
Quo Vadis Platinum? Short term forecast
In the context of the marked improvement in economic activity, analysts expect the last three months of 2020 to see
Read more
Hard-hit cobalt is recovering amid EV boom
Cobalt has been hit harder than other metals over the last couple years. The spiralling upsurge in cobalt prices between
Read more
Global consortium to establish supply chain liquid hydrogen
Fortescue Metals Group (Fortescue) today announced that it has signed a Memorandum of Understanding (MOU) with Kawasaki Heavy Industries (Kawasaki)
Read more
Copper prices spiral to 7-year high
Not far from a benchmark of $8,000/t we need to point out that copper has historically been used by traders
Read more
Evander gold mines to build solar photovoltaic plant
Pan African has announced that it has entered into an engineering, procurement and construction agreement with juwi South Africa to
Read more
PPC reports positive cement demand momentum Zimbabwe
Although trading conditions in Zimbabwe were characterised by a challenging economic environment and the impact of COVID-19 related lockdown restrictions,
Read more
Egypt to restart liquefied natural gas plant in Damietta
Eni has signed a series of agreements with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, the Egyptian
Read more
Pan African announces production guidance and management changes
The Pan African Group expects to produce approximately 97,000oz for the six months ending 31 December 2020, and is on
Read more
Congo Minister of Mines unhappy with Kore Potash progress
Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located
Read more
Botswana coal miner to open new open pit mine in 2021
Botswana’s state-owned Morupule Coal Mine (MCM) will boost annual output by 35% to 3.8 million tonnes a year in 2021
Read more
Danieli burners to take a step ahead in green steel
The new, Danieli Centro Combustion hydrogen multi-air burner operates with a methane and hydrogen mixture to reduce CO2 emissions. Through
Read more
Haznedar Durer Refractories has merged with Calderys
Haznedar Refractories and Durer Monolithics have merged to form Haznedar Durer Refractories, which in turn has joined forces with Calderys.
Read more
Facor becomes preferred supplier of ferrochrome to China
NEW DELHI – Ferro Alloys Corporation Limited (FACOR) and Facor Alloys Limited (FAL), flagship Companies of the FACOR Group, one
Read more
Fortescue Metals celebrates first iron ore at Eliwana mine
Fortescue Metals has reached a significant milestone in the development of its iron ore operations in the Pilbara, Australia, celebrating
Read more
ArcelorMittal signs investment agreement with Invitalia
ArcelorMittal announces that it has signed a binding agreement (the ‘Investment Agreement’) with Invitalia, an Italian state-owned company, forming a
Read more
UK to end support for fossil fuel sector overseas
The British Prime Minister Boris Johnson has announced an end to the UK Government’s direct support for the fossil fuel
Read more
STATE CAPTURE: ABB to pay back R1.56bn to Eskom
The SA branch of the international automation firm ABB was ordered to pay R1.56-billion to Eskom to settle an overpayment
Read more
Anglo American reports strong performance and sustainable returns
Anglo American has updated on the Group’s sustained operational and financial performance during 2020. Anglo American maintained a strong performance
Read more
Kagem’s emeralds yield average price of USD 59.84 per carat
Gemfields has announced the results of its series of five small and sequential emerald auctions held during the period 2
Read more
FCX awarded the Copper Mark for responsible production practices
PHOENIX, AR – Freeport-McMoRan Inc. (FCX) has announced the Copper Mark has been awarded to its first three sites: the
Read more
Anglo American Platinum upgrades its operational guidance
As a result of the early rebuild completion of the ACP (Anglo Converter Plant) Phase A unit, the company upgraded
Read more
Kumba: production likely to be close to lower end of guidance range
Kumba has provided an update on the company’s operational guidance for the full year 2020 and the outlook on production
Read more
South Africa cement sales rebound with double-digit growth
PPC experienced muted cement sales in April and May 2020 as a result of COVID-19 related trading restrictions in South
Read more
Lonely manufacturer of spherical graphite outside China
As already reported, Syrah Resources has gone further than any graphite developer outside China in its attempt to develop an
Read more