Eskom irritates the SA economy again!
JOHANNESBURG – poorly run and debt stricken Eskom says Stage 2 loadshedding will be implemented from today until 23:00 Friday
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News
Kumba iron ore chairman to retire
Dr Mandla Gantsho intends to retire as Chairman of the board to devote more time to his personal business interests.
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BEE and affirmative action drive corruption in SA
Political economist Moeletsi Mbeki, deputy chair of the South African Institute of International Affairs, believes BEE and affirmative action are
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Korean giants to invest $38 bn in hydrogen industry
Local media reported that Hyundai Motor, SK Group, POSCO, Hanwha and Hyosung will invest a total of around 43.4 trillion
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New applications for platinum as a catalyst
In the early decades of the nineteenth century scientist Sir Humphry Davy stumbled upon the phenomenon of heterogeneous catalytic oxidation
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McKinsey, Trillian were to grab R10bn from Eskom
The commission of inquiry into state capture has heard that Global consulting company McKinsey & Company, alongside Trillian Capital, wanted
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NewHydrogen expands green technology research program
SANTA CLARITA, California – Expanded research will include a complete electrolyzer device and a replacement for platinum to lower the
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Titanium industry shows signs of recovery since the pandemic
Following the difficult period experienced in 2020 as a result of the COVID-19 pandemic, the titanium industry is beginning to
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Copper record prices fuelled by EV market and renewable energy
JOHANNESBURG – Interactive chart of historical daily COMEX copper prices over the past 5 years shows the current price of
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ARM reports record headline earnings of R5bn for 1H F2021
Despite Covid-19-related global economic challenges and uncertainty, African Rainbow Minerals (ARM) report records headline earnings of R5 039 million for
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Glencore Alloys explores cogeneration and clean energy projects
Glencore’s ferrochrome business confirmed that it is exploring cogeneration projects at its South African sites, while also giving an indication
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SA economy: Light at the end of tunnel?
The Budget, was it good or bad? Will it give us more economic freedom and prosperity? The good news is
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Minerals Council: Govt sends positive signal for growth and competitiveness
JOHANNESBURG – In presenting a plan for stabilising government debt at 88.9% of Gross Domestic Product (GDP) in four years’
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Resilient Anglo American and robust demand deliver profit of $9.8 billion
LONDON – The resilience of Anglo American diversified business, following the operational disruptions of the first half and benefiting from
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National Treasury backtracks on plans to raise additional R40 billion
The 2021 Budget shifts numbers across the balance sheet to make it look good. There’s good news and there’s bad
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HYDROGEN: Growing market for platinum
It is now estimated that green hydrogen could supply up to 25 per cent of the world’s energy needs and
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Exxaro to dispose of its shareholding in Tronox
PRETORIA – Exxaro Resources has announced that it commenced a public offering in the United States of up to 17
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Glencore on the pathway to net zero
Chief Executive Officer, Ivan Glasenberg, in its Glencore Preliminary Results 2020 says a clear emerging force, particularly over the last
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Demand for aluminium continues increasing at high rates
It’s difficult to believe but only 150 years ago aluminium was considered to be silver from clay and an extremely
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Green hydrogen production accelerates with platinum electrolyser capacity
The World Platinum Investment Council says that green hydrogen has the potential to play a significant role in decarbonising the
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Surge in iron ore price as markets reopen in China
After its New Year Holidays, China’s market reopened on 18 February 2021 with benchmark 62% Australian iron ore fines surging
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President Ramaphosa’s speech at Mining Indaba
Our message to international investors is that we are taking practical measures to build an economy that is underpinned by
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BHP has delivered strong operational performance
BHP reports strong underlying operational performance for the half-year ended 31 December 2020, with record production achieved at Western Australia
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Glencore reports flat performance for 2020
Navigating from recessionary conditions in the first half to a strong price recovery for most commodities in the second, Chief
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ARM doubles earnings due to higher iron ore and PGM prices
African Rainbow Minerals in its trading Statement for the six months ended 31 December 2020 says headline earnings for 1H
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Will Biden terminate Trump’s tariffs on steel and aluminium imports?
Coalition of American Metal Manufacturers & Users Executive Director Mr Paul Nathanson in a letter to US President Joe Biden
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Justice Zondo shocked at ex-Eskom board fabrications
The Zondo Commission has questioned the timing of Tegeta’s demand for a prepayment which coincided with their difficulty to secure
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SEIFSA worries over slow metals and engineering industry recovery
SEIFSA, the Steel and Engineering Industries Federation of Southern Africa has expressed a concern about the slow pace of recovery
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GOLD: Mine production likely to improve in 2021
NEW YORK – Market surveys indicate that most economists expect growth to recover in 2021 from its dismal performance during
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Anglo American copper production increased by 6%
LONDON – In its ‘Production Report for the fourth quarter ended 31 December 2020’ Anglo American reports that the copper
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