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
Read more
News
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’
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Manganese demand recovers to feed recovering steel output
In 2020, the manganese ore market experienced another year of significant oversupply, as demand fell by 8%, falling more than
Read more
Eskom implements loadshedding AGAIN!
The pathetic Eskom has done it again! It has implemented Stage 2 loadshedding from 12:00 Friday until 23:00 on Sunday
Read more
De Beers’ first diamond 2021 sales amount to $650 million
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ first sales
Read more
Glencore claims its assets performed well in difficult circumstances
BAAR, Switzerland – Glencore, in its Full Year 2020 Production Report, states that its own sourced copper production of 1,258,100
Read more
Latest steelmaking industry news from Europe
In response to the current level of orders in the long steel sector, voestalpine is now once again operating two
Read more
Anglo American reports strong copper, iron ore and PGM production
LONDON – In its ‘Production Report for the fourth quarter ended 31 December 2020’ Anglo American reports the following highlights:
Read more
Global crude steel output decreases by 0.9% in 2020
Asia produced 1,374.9 Mt of of crude steel in 2020, an increase of 1.5% compared to 2019. China’s crude steel
Read more
What is the responsible sourcing blockchain network
Built on the IBM Blockchain Platform, assured by RCS Global Group and powered by the Linux Foundation’s Hyperledger Fabric, the RSBN blockchain platform
Read more
Eskom failed to repair its promised generation capacity by Sunday
Loadshedding is set to continue as the return to service of some generation units has been delayed, Eskom said in
Read more
Eskom proves once again it’s unable to provide stable electricity
“We are currently LOAD SHEDDING in STAGE 2 due to high demand or urgent maintenance being performed at certain power
Read more
China automobile industry suffers from C-19 impact
The China Passenger Car Association has reported that passenger vehicle sales, referring to cars, MPVs, SUVs and minibus, in China
Read more