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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News
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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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
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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
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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
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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
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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
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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:
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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
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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
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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
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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
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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
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Rhodium price hits record high just above $20 000/oz
The “most precious metal” rhodium has seen something of a rollercoaster this year, rising from $6050 an ounce at the start
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SA Government fails country’s economy and its citizens dismally
Government’s first duty is to protect the rights of citizens. Instead, ours has prioritised yet another bailout of R10.5 billion
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Gold and climate change: The energy transition
The ‘Gold and Climate Change: The Energy Transition’ report looks at gold mining’s energy transition and climate impacts over the
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Roskill: Tantalum market poised for recovery
According to Roskill, tantalum was somewhat protected from the worst effects of COVID-19 early on in 2020, with a supply
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Minerals and metals demand recovery in 2021
Metal producers and miners should see a more favourable pricing environment in 2021 as almost all mineral and metal prices
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Silver to outperform other precious metals in 2021
After, precious metals had a spectacular year last year, and are geared for further gains in 2021. According to Reuters
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China to overtake US economy by 2028
China will overtake the US to become the world’s biggest economy by 2028, five years earlier than previously forecast, due
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Metals and mining industries to show moderate-to-strong recovery
Fitch Solutions expect miners and metal producers to see a more favourable pricing environment in 2021 as it forecasts almost
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Moderate recovery for oil & gas industries in 2021
Oil & gas industries are expected to post modest demand gains in 2021, in particular during H2-2021 as the global roll-out
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Season’s Greetings from Mineral Processing and Metallurgy
After a trying year, MiNMET would like to extend its warm wishes to you, your company employees and stakeholders and
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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
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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
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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
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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
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Equinor, Panasonic and Hydro to start European battery business
OSLO, NORWAY – Energy company Equinor, technology company Panasonic, and industrial group Hydro have signed a Memorandum of Understanding to
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