NASA prices metallic asteroid at $10,000 quadrillion
NASA believes asteroid “16 Psyche”, which is orbiting the Sun, might contain metals worth $10,000 quadrillion ($10 quintillion, that’s $10,000,000,000,000,000,000
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News
Metso Outotec divests its operations in Vereeniging
Consultations evaluating the closure or other alternatives related to former Metso operations in Vereeniging, South Africa, have been concluded. The
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Eskom wants R100bn on grid extension
During a briefing, Eskom CEO Andre de Ruyter has said Eskom planned to spend a R100 billion to expand its
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Zim mining boss arrested while smuggling 6kg of gold to Dubai
Henrietta Rushwaya has been arrested by Zimbabwe police who is the boss of the Zimbabwe Miners Federation and formerly the
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Investing in African Mining Indaba 2021 cancelled due to COVID-19
The 2021 edition of Investing in African Mining Indaba has been cancelled due to the ongoing uncertainty caused by COVID-19.
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Tito’s speech tells clearly depth of economic crisis
The Minerals Council South Africa believes that Finance Minister Tito Mboweni has delivered a Medium Term Budget Policy Statement (MTBPS)
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South Africa cannot afford another hard lockdown
If reports that South Africa could again enter a hard lockdown are correct, then this will have dire consequences for
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Anglo American continues its strong operational recovery
Anglo American, in its production report for the third quarter ended 30 September 2020, says its copper production increased by
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Global Industry Standard on Tailings Management
The catastrophic dam collapse at Vale’s Corrego de Feijao mine in Brumadinho was a human and environmental tragedy that demanded
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Eskom probe: four arrested, over 5 000 facing DC
Members of Parliament have heard how R44.4 million was channelled from Eskom’s contractors, through sub-contracted companies, to four Eskom officials
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BHP driven by solid results in metallurgical coal and iron ore
BHP has started the new financial year with a strong first quarter of safety and production performance. Group production rose
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SPACE MINING: NASA’s just sampled Bennu Asteroid
Two hundred million miles from Earth, a NASA spacecraft was orbiting an asteroid with material from the early solar system
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Ramaphosa’s Recovery Plan – the good, the bad, the indifferent
The best was left for last. If what is promised in the end really happens, we will have a real
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SA’s mining capitalisation increases by 52% in 2020
In 2020, total mining industry market capitalisation increased to R1,280 billion from R840 billion. This total is a R439 billion
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Jubilee delivers record production and financial performance
Jubilee Metals Group in its operational update for the first three months of H2 2020 (Q3 2020), says that Q3
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Correction in commodity prices expected, especially iron ore
Standard Bank expects to see some moderation in commodity demand when the Chinese local bond issuances come to an end
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Miners and metallurgists are going green
The way businesses of the future will operate is now fundamentally affected by climate change. It is also driving a
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Insimbi’s best financial quarter in its 50-year history
Insimbi Industrial Holdings, in its summary of the unreviewed consolidated condensed financial results for the six months ended 31 August
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