R/€ = 20.3538 Change: -0.0283
R/$ = 19.1240 Change: 0.0301
Au 2340.13 $/oz Change: -51.71
Pt 935.40 $/oz Change: -8.10


South32 expects prolonged suspension of Groote Eylandt manganese exports

By: Mariaan Webb     22nd April 2024 Commodities giant South32 said on Monday that manganese ore exports from Groote Eylandt mine, in the Northern Territory, were likely to remain suspended until 2025 owing to extensive damaged caused by a tropical cyclone last month. The cyclone, which ravaged the region on March 16 and 17,... 

Iluka posts lower first-quarter volumes as planned

By: Marleny Arnoldi     19th April 2024 Australia-focused mineral sands and rare earths miner Iluka Resources has reported lower year-on-year production of most of its commodities owing to inventory management and a major maintenance outage in the quarter ended March 31. The company’s zircon/rutile/synthetic rutile production totalled... 

Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges

By: Marleny Arnoldi     19th April 2024 The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa... 

Decarbonised iron production possible using sodium, company says

By: Darren Parker     19th April 2024 A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The... 

US restricts drilling and mining in Alaska wilderness, angering state leaders

By: Reuters     19th April 2024 The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on foreign resources. The measures are aligned with President Joe Biden's efforts to rein in oil and gas... 

Energy plant to receive new automation system

19th April 2024 Leading manufacturer of automation solutions and process technologies Valmet will deliver a comprehensive Valmet DNA Automation System to Lostock Sustainable Energy Plant (LSEP) currently under construction in Northwich, Cheshire, in the UK, according to a press release published last month. The... 

Firm acquires German heat exchanger producer

19th April 2024 Multinational boiler manufacturer Nexson Group says its acquisition of German quality-plate heat exchanger manufacturer Thermowave GmBH as a stand-alone entity will strengthen and complement its portfolio, particularly Thermowave’s gasketed and semi-welded plate heat exchangers, which the group... 

New-vehicle sales plummet 11.7% in March, extending months-long slide

By: Irma Venter     19th April 2024 New-vehicle sales plummeted by 11.7% in March, to 44 237 units, compared with the same month last year. Sales for the first quarter of the year are now 5.3% below the same period last year. 

Metair reassures market amid huge debt, challenges at Türkiye battery business

By: Irma Venter     19th April 2024 Metair is still very much open for business and the group is able to accommodate new clients should they need automotive components or energy storage solutions, says new CEO Paul O’Flaherty. O’Flaherty, now two months into the job after former CEO Sjoerd Douwenga bowed out, owing to health... 

Webinar - Mining Technologies

18th April 2024 Creamer Media will host a compelling webinar on Mining Technologies on April 24 to showcase innovation in mining and mining services. South Africa is known for its mining industry, which not only makes a substantial contribution to the country's gross domestic product but has also ignited... 

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