MC Mining secures financing for hard coking coal project
MC Mining’s flagship Makhado Project has very favourable economics and its phased development is expected to deliver positive returns for
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Non-Metal
Sasol to deliver strong set of results amid low oil prices
Sasol is expected to deliver a strong set of results for the six months ended 31 December 2020 (2021 financial
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DE BEERS: Rough diamond sales continued to improve
De Beers has reported that rough diamond production decreased by 14% to 6.7 million carats (Q4 2020), driven by continued
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Asia fires up alternative fuels adoption in rotary kilns
With the urgency of climate change accelerating and cement production emitting 7% of the world’s CO₂, all eyes are on the
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BHP’s Metallurgical coal production decreases by six per cent
AUSTRALIA – According to the Operational Review for the Half Year Ended 31 December 2020, metallurgical coal production decreased by
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Coking Coal Prices Climb to USD 130 per tonne
PERTH – Hard Australian Premium Coking Coal has climbed by USD 28.5 per tonne to USD 131.5 per tonne FOB
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Lucara recovers 341-carat top white gem diamond in Botswana
VANCOUVER, BC – Lucara Diamond Corp. has announced the recovery of an unbroken 341 carat top white gem quality diamond
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Turkey’s Erdemir takes over Kümaş Magnesite
Erdemir, an OYAK Mining Metallurgy company, announced that a US$ 340 million agreement was signed with Yıldız Holding and Gözde
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China strengthens its commitment to hydrogen
China’s next five-year plan for economic development, for the years 2021-2025, is due to be unveiled in March. The plan
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Sasol completes divestment of its interest in Gemini
JOHANNESBURG – Sasol has announced that the divestment of its 50% interest in the Gemini high-density polyethylene joint ventures to
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Posco to acquire stake in graphite project in Tanzania
Posco, South Korea’s biggest steel producer, is set to acquire a 15 percent stake in Australian graphite developer Black Rock
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Gemfields holds sufficient gemstone inventory for 3 auctions
Gemfields presently holds sufficient rough gemstone inventory to be able to host one auction of each of (i) mixed quality
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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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South32 divests from South Africa Energy Coal
PERTH, WA, AUSTRALIA – South32 today welcomed the decision by the Competition Tribunal of South Africa to approve the sale
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South32 divests from coal and gets smelter energy supply
South32 Limited advises that the Competition Tribunal of South Africa has completed its hearing to consider the proposed sale of
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PPC African operations showed healthy revenue growth
In Rwanda, CIMERWA continues to benefit from robust cement demand, driven by large infrastructure projects, growth in the retail market,
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Sasol divests from gas-to-power plant in Mozambique
JOHANNESBURG – Sasol has announced that a sale securities purchase agreement has been signed with Azura Power Limited for the
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Global consortium to establish supply chain liquid hydrogen
Fortescue Metals Group (Fortescue) today announced that it has signed a Memorandum of Understanding (MOU) with Kawasaki Heavy Industries (Kawasaki)
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PPC reports positive cement demand momentum Zimbabwe
Although trading conditions in Zimbabwe were characterised by a challenging economic environment and the impact of COVID-19 related lockdown restrictions,
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Egypt to restart liquefied natural gas plant in Damietta
Eni has signed a series of agreements with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, the Egyptian
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Congo Minister of Mines unhappy with Kore Potash progress
Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located
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Botswana coal miner to open new open pit mine in 2021
Botswana’s state-owned Morupule Coal Mine (MCM) will boost annual output by 35% to 3.8 million tonnes a year in 2021
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Kagem’s emeralds yield average price of USD 59.84 per carat
Gemfields has announced the results of its series of five small and sequential emerald auctions held during the period 2
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South Africa cement sales rebound with double-digit growth
PPC experienced muted cement sales in April and May 2020 as a result of COVID-19 related trading restrictions in South
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Lonely manufacturer of spherical graphite outside China
As already reported, Syrah Resources has gone further than any graphite developer outside China in its attempt to develop an
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MC Mining acting CEO and CFO resigns, head-hunted by PPC
MC Mining has announced that Brenda Berlin will step down as acting Chief Executive Officer and Executive Director effective 15
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Massive Explosion at Durban refinery investigated
A massive explosion occurred at Engen refinery south of Durban around 7.10am on Friday according to Garrith Jamieson of Rescue
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SA largest cement producer rocks the JSE amid strong recovery
Despite the initial COVID-19 related trading restrictions, PPC revenue increased by 1% to R5 006 million (September 2019: R4 948
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Exxaro anticipates domestic coal market to remain relatively stable
Exxaro’s coal operations were declared an essential service to ensure continued coal supply for electricity generation in response to the
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Syrah to produce graphite anode material in the USA
MELBOURNE, VIC – Syrah Resources has reported that it completed a bankable feasibility study to add 10ktpy of anode material
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