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
Read more
Non-Metal
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
Read more
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
Read more
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
Read more
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
Read more
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,
Read more
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
Read more
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)
Read more
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,
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Exxaro reflects on global iron ore, oil and titanium
During 2020, the global economy recorded the worst downturn since the 1930s. Global real GDP for 2020 is expected to
Read more
Installing monolithic refractories in rotary kilns
Yearly global refractory consumption in the production of cement is estimated to be more than 5 million metric tons, or
Read more
Exxaro expects an increase of 27% in export volumes
COVID-19 (the pandemic) and associated control measures resulted in a record decline in real GDP for the second quarter of
Read more
Glencore completes acquisition of Orsted’s lng business
Following the announcement issued on December 18 2019, Glencore’s Oil division has on December 01 2020 completed the acquisition of
Read more
Oil refinery closures could see platinum returned to the market
As the number of coronavirus cases surges across Europe and the US, demand for refined petroleum products is taking another
Read more
Sasol divests its 50% interest in North American operation
JOHANNESBURG – The board of directors of Sasol has announced that Sasol Chemicals North America LLC(SCNA), a wholly-owned subsidiary of
Read more
Making diamonds at room temperature, under right pressure
Diamonds are forming naturally in the Earth’s mantle under extreme temperature and pressure over billions of years. But a team
Read more
Moabsvelden Coal to produce 2.4m tonnes per annum
Wescoal announced the commencement of the box cut phase of the Moabsvelden project which will produce 2.4 million tonnes per
Read more
Eskom reduces coal off-take from Wescoal
Wescoal’s major customer, Eskom reduced coal off-take in response to lower electricity demand during the government-imposed lockdown in South Africa
Read more
De Beers implements flexible approach to diamond sales
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ ninth sales
Read more