Need for accelerated implementation of institutional and structural reforms
JOHANNESBURG – The Minerals Council South Africa notes the StatsSA report of record unemployment of 34.4% announced yesterday and urges
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News
Metals and engineering sector welcomes increase in PPI
JOHANNESBURG – The increase in producer price inflation (PPI) bodes well for producers in the Metals and Engineering (M&E) Sector
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PLATINUM DEMAND: green hydrogen has significant growth potential
Understanding the dynamics of platinum demand is essential to understanding the investment case for platinum, which is based on an
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Copper has fallen 16% from its May 2021 high
The price of copper has fallen to a worrying level. Copper prices in London dropped below $9,000 a tonne to
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Morgan Stanley sees uranium at the hottest commodity
Morgan Stanley places uranium at very top of its “Metals & Mining Commodity Thermometer” as most bullish thesis of 17
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Response to press speculation regarding BHP’s Petroleum business
BHP notes the recent press speculation regarding our Petroleum business. As previously stated, BHP regularly reviews its portfolio of assets
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SAIMM awards its prestigious prize to Sibanye-Stillwater’s Neal Froneman
Known for his skills as an ace dealmaker, mining giant Neal Froneman has been honoured with the 2021 Brigadier Stokes
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ANGLO AMERICAN: strong demand and prices recouped lost ground
Anglo American in its Summarised Interim Financial Results for the six months ended 30 June 2021 says strong market demand
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Explosion at Eskom’s new power station
JOHANNESBURG – Eskom has informed the public that Unit 4, which was on a short-term outage (since 06 August 2021) of
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Production and sales data in the manufacturing sector is encouraging
JOHANNESBURG – The improvement in Metals and Engineering (M&E) production and sales is encouraging as it indicates the economy is
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Bauba Resources appoints new directors to the board
JOHANNESBURG – The board of directors of Bauba has appointed Mr Adriaan Martinus Slabber (“Tinus”) as a non-executive director, and
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Higher commodity prices drive Glencore profits to $8.7 billion
Industrial Adjusted EBITDA of $6.6 billion (H1 2020: $2.6 billion) reflects a significantly improved Adjusted EBITDA mining margin of 38%
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Uptick in capacity utilisation in the manufacturing sector
JOHANNESBURG – The improvement in manufacturing sector capacity utilisation even as South African remains under lockdown is encouraging, the Steel and
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SA needs meaningful reform not reshuffling deckchairs
The latest buzz in structural reform-hungry South Africa is that President Ramaphosa is planning a Cabinet reshuffle. While well and
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Barrick Gold responds to potentially misleading Reuters report
A Reuters article headlined “Cyber attack disrupts major South African port operations” includes the following statement: “Most of the copper
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Kumba production increased by 12%, while sales increased by 3%,
In its production and sales report for the six months ended 30 June 2021, Kumba says total production increased by
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Anglo American delivers solid operational performance for Q2 2021
Anglo American has delivered a solid operational performance supported by comprehensive Covid-19 measures to help safeguard the lives and livelihoods
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SA mining industry safety record deteriorates in 2020
The Minerals Council South Africa reported 60 fatalities in 2020 compared with 51 a year earlier when the mining industry
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Harmony Gold: Fatality at Tshepong South
JOHANNESBURG – Harmony Gold Mining Company has advised that an employee was fatally injured Thursday morning, following a mine-related incident
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Gemfields assembles ‘The G-Factor for Natural Resources’
LONDON – Gemfields has invited collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in
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SA’s largest refinery shuts down temporarily amid looting
DURBAN – The Sapref oil refinery that accounts for more than a third of the country’s fuel supply has declared
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Namibia’s 2021 Mining Expo cancelled amid Covid-19 fears
The 2021 Mining Expo will no longer be taking place from 1 to 2 September 2021, in a physical or
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UK to end coal-fired power by October 2024
The United Kingdom will end its use of coal-fired power by October 2024, a year earlier than scheduled, as it
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Second major train derailment on the coal line – a cause for concern
JOHANNESBURG – On Saturday the 3rdof July 2021 at 12:26pm, a loaded export coal train with 208 wagons derailed at
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Independent Ports Authority – a step in the right direction
President Ramaphosa recently announced that the Transnet National Ports Authority will become an independent subsidiary of Transnet, and will be
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ZUMA IN JAIL: Justice served, at last!
Jacob Zuma surrendered himself to police less than an hour before midnight on Wednesday after a night of high drama
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Glencore appoints new chairman
BAAR, Switzerland – The board of Glencore has announced that Tony Hayward will retire as Chairman and Kalidas Madhavpeddi will
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Mining code for manganese nodules in the deep sea
John Mero, a mining engineer from the University of California, Berkeley, became one of the first proponents of deep-sea mining
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Orbital Sidekick Aurora satellite to help mining sector
Orbital Sidekick announced that with the upcoming launch of its newest and most powerful hyperspectral imaging satellite Aurora will help
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Zuma goes to jail: Hope returns to South Africa
South Africa breathes a sigh of relief as Former President Jacob Zuma has 5 days to hand himself over to
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