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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News
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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Three top plastic polluters for third consecutive year
The CocaCola Company, PepsiCo and Nestlé have been ranked as the world’s top plastic polluters for the 3rd consecutive year
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Maria Ramos appointed AngloGold Ashanti Chair
JOHANNESBURG – The Board of AngloGold Ashanti is pleased to advise that Independent Non-Executive Director Maria Ramos has been appointed
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South Africa: Economic outlook for 1H21
Global economic growth recovery is anticipated to continue into 2021. However, the resurgence of COVID- 19 infections will weigh on
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Glencore CEO Glasenberg to retire, to be succeeded by Nagle
BAAR, Switzerland – Glencore has announced that Ivan Glasenberg will retire as CEO and as a member of the Glencore
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Climate-smart mining facility
The World Bank has launched its new Climate-Smart Mining Facility, aimed at building partnerships to manage the role mining will
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Finch: SA economy not likely to recover over medium term
Fitch Solutions does not forecast South Africa’s economy to fully recover from the Covid-19 pandemic over our medium-term forecast period
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Barrick Gold listed again in Dow Jones Sustainability Index
TORONTO – Barrick Gold Corporation has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking
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DRDGOLD wins Sunday Times Top 100 Companies Awards
JOHANNESBURG – DRDGOLD has announced that it was named the Sunday Times Top 100 Company of the Year. In 2020,
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Court case against Sibanye-Stillwater dismissed
JOHANNESBURG – Sibanye-Stillwater has advised that on 10 November 2020, a Brooklyn, New York, Federal Court dismissed with prejudice, a
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Jubilee Metals’ revenue increases sharply
Jubilee, a metals processing company, has announced its audited results for the year ended 30 June 2020. Group Revenue increased
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Gold tumbles 5% after upbeat vaccine news
After reaching a high of $1965/oz, gold beat a sharp retreat yesterday, sagging over 5% after Pfizer announced that its
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Biden elected president, CONGRATULATIONS!
Joseph Robinette Biden Jr. was elected the 46th president of the United States on 7 November 2020, promising to restore
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Will economy change under Trump’s four more years?
Four more years of the Trump administration will look very like it does now, economy-wise. The Covid-19 pandemic will continue
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Will economy under President Biden flourish?
Global markets have continued to rally in recent days as Democrat Joe Biden looked set to take the presidency from
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Sibanye’s credit rating upgraded amid strong gold and PGM
S&P Global Ratings has upgraded Sibanye-Stillwater’s issuer credit rating to ‘BB-’ from ‘B+’ with a Stable Outlook. In a recent
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