Exxaro: SA Scale Ratings raised by Standard & Poor’s rating services
Exxaro Resources has given notice that Standard and Poor’s (S&P) has on 14 June 2021 raised Exxaro’s National Scale Rating
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News
FMF applauds government on new threshold to produce electricity
Johannesburg – The Free Market Foundation (FMF) welcomes the decision by President Cyril Ramaphosa’s Cabinet to lift the threshold for
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Hydro sells its rolling business, strengthen its low-carbon aluminium
Hydro has completed the sale of its rolling business area. Going forward, Hydro will strengthen its position in low-carbon aluminium,
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Corrupt officials must go, including Minister of Health Zweli Mkhize
The DA shadow minister for health, Siviwe Gwarube, has laid criminal charges against Minister of Health Zweli Mkhize and health
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Platinum: Fuel cell trucks will go the distance
Organisations across the value chain are working to reduce technological barriers and improve the viability of vehicles with fuel cell
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Banks form the climate-aligned finance group to decarbonize steel
Several top lenders to the steel sector Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit have come together
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McKinsey pays back the money it received from dodgy contract
In 2017, as part of the #GuptaLeaks, amaBhungane and the investigative unit Scorpio, delved deep into what became known as
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Endeavour Mining to host capital markets event ahead of its LSE listing
Endeavour Mining to host a virtual capital markets event ahead of its LSE listing London – Endeavour Mining, which will
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State capture costs SA at least R50bn but the true cost is definitely higher
In South Africa, evidence is piling up at the Zondo Commission about how the Guptas interfered in the running of
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Richards Bay Minerals GM killed in shooting incident
Based on numerous media reports, Richards Bay Minerals’ general manager was shot dead on Monday morning. Nico Swart was shot
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En+ announces intention to demerge high carbon assets
En+ Group, the world’s largest producer of low-carbon aluminium and independent hydropower, warmly welcomes the announcement by its listed subsidiary
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De Beers’ fourth rough diamond sales cycle of 2021 amounts to R380m
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fourth sales
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Anglo American positioned for a sustainable future
Anglo American’s chief executive, Mark Cutifani, was yesterday speaking at the Bank of America Global Metals and Mining conference. Discussing
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Rio Tinto’s world-class assets performing well
Key to Rio Tinto’s approach remains to have a portfolio of world-class assets, a strong balance sheet, a disciplined capital
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Hydrogen-powered cars helping transitioning transport away from fossil fuels
Demand for platinum in fuel cell electric vehicles (FCEVs) is currently being led by the heavy-duty vehicle segment, principally trucks,
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Manganese: Ore, alloy prices underpinned by higher costs and restocking
In Q1 2021, manganese ore prices modestly recovered, primarily reflecting increasing cost pressures; especially rising logistics costs and the appreciation
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DRC president visits Kamoto Copper Company
Glencore has announced that the President of the Democratic Republic of the Congo (DRC), Felix Tshisekedi visited the operations of
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Gold, platinum and other commodities maintain rand’s strength
The South African rand’s 30% gain against the US dollar since the height of the pandemic has outstripped emerging-market peers
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South32 produces development and exploration update
South32 in its quarterly report March 2021 reports strong operating performance across the portfolio during the quarter combined with improving
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Anglo American pays $25 billion in 2020 taxes
Anglo American has published its seventh annual Tax and Economic Contribution Report, with a detailed breakdown of the company’s contributions
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Greenpeace Finds Significant Disturbances from Deep Sea Mining
Greenpeace has documented signs of significant disturbance from deep sea mining tests in the Pacific Ocean. New images reveal a
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BHP drives major green development projects
At the end of March 2021, BHP had four major projects under development in petroleum, iron ore and potash, with
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Indian steelworks divert its oxygen for Covid-19 treatment
Punjab Chief Minister Captain Amarinder Singh has ordered shutdown of operations of iron and steel industries in Punjab to divert
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BHP brings on new supply in copper, petroleum and iron ore
BHP’s strong safety and operational performance continued during the quarter, with record year-to-date production at Western Australia Iron Ore, the
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Tin boosts silicon performance in lithium-ion batteries
Tin nanoparticles are key to stabilising silicon-graphite anodes in lithium-ion batteries, according to the latest published research. This work adds
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Anglo American gears for the future
Anglo American’s portfolio is increasingly tilted towards future-enabling metals and minerals, with its recently proposed demerger of thermal coal operations
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PLATINUM LOADINGS
Usage of platinum in vehicle emissions control systems is increasing as rigorous new regulations kick in. This year, automotive demand
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Roskill’s outlook for ferroalloys to 2030
Consumption of alloying metals in steel production, grew by an average 3.7%py between 2011 and 2019, to reach a record
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Price of iron ore touches USD 190 mark
Iron ore prices rose further on 20 April to inch closer to last high of USD 191.7 seen 11 year
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Fitch revises forecast in metals and ore prices
London – Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will
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