R/€ = 20.3269 Change: -0.0552
R/$ = 19.1087 Change: 0.0147
Au 2342.56 $/oz Change: -49.28
Pt 931.00 $/oz Change: -12.50


From bullion to bytes: How technology is reshaping the JSE Gold Mining Index

Updated 3 hours ago The Johannesburg Stock Exchange (JSE) Gold Mining Index is an enduring symbol of the fortunes of the precious metal industry. In line with this volatility, trading technology and software have emerged as powerful tools, reshaping the JSE Gold Mining Index in profound ways.   From increasing... 

Track busways more efficient than traditional systems

19th April 2024 Electrical and digital specialist Legrand avers that its track busway system is an efficient and flexible alternative to traditional power distribution systems that lack flexibility in adapting to changes. Legrand states that a reliable and flexible power distribution system is an essential... 

Cape Town to depoly camera-fitted aircraft in war against crime

By: Irma Venter     12th April 2024 The City of Cape Towns’ (CoCT’s) Safety and Security Directorate is enhancing its crime prevention capabilities with the inclusion of new aerial surveillance technology. The information, surveillance and reconnaissance (ISR) technology will take information gathering “to the next level” in the... 

Eskom aims to keep breakdowns below 14 GW this winter as it cuts diesel budget 

By: Terence Creamer     9th April 2024 State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to navigate the high-demand period with limited loadshedding. During the summer period, from September to the... 

Huawei launches new commercial and industrial (C&I), residential smart PV and ESS solutions to African market

25th March 2024 Supplied by Huawei Digital Power Sub-Saharan Africa Region During the recently concluded Huawei Digital During Solar & Storage Live Africa 2024, Huawei released new smart PV products and solutions for C&I and residential scenarios, continuing to lead the industry. 

Boliden to invest $463m at Swedish copper smelter

By: Reuters     18th March 2024 Swedish metals maker Boliden said on Monday it will invest 4.8-billion Swedish crowns ($463.5-million) in a new tank house to boost refining capacity at its Ronnskar copper smelter, which was last year hit by a fire. The new tank house will gradually push Boliden's production of copper cathodes... 

Capital achieves fourth consecutive year of strong growth

By: Creamer Media Reporter      14th March 2024 Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year, despite a challenging market environment. The UK-headquartered company's services include exploration,... 

Eskom says it is on track for permanent repair of Kusile stack by December

By: Terence Creamer     5th March 2024 Eskom insists it is on track to complete the repairs to the ducts in the west stack at the Kusile power station by December 2024, ahead of the March 31, 2025, deadline set by the Department of Forestry, Fisheries and the Environment (DFFE) when it last year authorised the use of temporary stacks... 

Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth 

By: Terence Creamer     28th February 2024 JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies that it plans to dispose of over the coming 18 months for combined proceeds of about R2.5-billion.... 

US moves to restore stockpiling ‘panic button’ in EV metals fight with China

By: Bloomberg     20th February 2024 Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and protect against supply shocks. So when China surprised the markets by restricting exports of two niche... 

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