R/€ = 19.7413 Change: 0.0999
R/$ = 18.1706 Change: 0.0061
Au 2434.60 $/oz Change: 20.35
Pt 1055.66 $/oz Change: -38.84

Press Office - Delba




Hummingbird says Corica restarts operations at Kouroussa

By: Sabrina Jardim     17th May 2024 Aim-listed Hummingbird Resources has reported the remobilisation of mining services provider Corica Mining Services at the Kouroussa gold mine, in Guinea. Corica in March suspended work at the mine following a dispute with Hummingbird about certain payments, which it believed it was due. 

US to offer up to $3.4bn for nuclear fuel makers in June

By: Bloomberg     17th May 2024 The US plans to start soliciting bids worth as much as $3.4-billion to buy domestically produced nuclear reactor fuel as soon as next month, according to a government notice. The funding includes $2.7-billion requested by the White House as part of a broader plan to help restart the domestic... 

Developer inspects expansion project progress

17th May 2024 Copper developer and miner First Quantum Minerals (FQM) is progressing its development of the S3 expansion project, in Zambia, with a total investment commitment of $1.25-billion. The majority of the investment is earmarked towards expenditure this year to ensure the entire project is completed... 

Lighting essential to mining health, safety

By: Trent Roebeck     17th May 2024 South African luminaire and lighting products manufacturer BEKA Schréder, through its continual supplying of solutions to African mining operations, industrial clients, infrastructure providers and business organisations, has commissioned solar-powered lighting for a gold and copper mine in... 

Metals processor expands, progresses Zambian assets

By: Donna Slater     17th May 2024 Zambia- and South Africa-focused diversified metals processor Jubilee Metals has completed the manufacturing of a new front-end modular 50 000-t-a-month unit at its Zambia-based Roan copper processing facility. The plant, which was shipped to Zambia in February, was designed by the Jubilee... 

Distributor to launch new products at Machine Tools expo

17th May 2024 Power transmission and motion control products distributor BMG will be participating at the Machine Tools Africa exhibition, which will be held at the Johannesburg Expo Centre at Nasrec, from May 21 to 24. BMG’s stand – Hall 6, F10 – will showcase the company’s comprehensive range of quality... 

Rubber companies urged to go green

17th May 2024 There is a strong drive in and among rubber companies to exchange fossil fuels for renewable-energy sources, says steam and boiler service provider Associated Energy Services (AES). AES Gauteng regional manager Jordan Smith and AES operations associate director Ray Lund work closely with rubber... 

Mining-focused manufacturers see innovation as key to survival and future growth

By: Sabrina Jardim     17th May 2024 Amid the challenges of loadshedding, logistical constraints and volatile commodity prices, South Africa’s mining-focused manufacturers and equipment suppliers view ongoing innovation, including embracing digitalisation and artificial intelligence (AI), as increasingly central to their survival... 

Spending on telecoms services forecast to decelerate this year

By: Natasha Odendaal     17th May 2024 While global spending on telecommunications and pay television (TV) services increased during 2023, growth started slowing in the second half of the year, with expectations that it will slow further in 2024. According to the latest International Data Corporation (IDC) Worldwide Semi-annual... 

Millennials, Gen-Zs want cars but are struggling to afford them – WesBank

By: Irma Venter     17th May 2024 Young South Africans, aged 35 and younger, are demonstrating a growing preference for private mobility. This is evident in recent WesBank data that shows a consistent increase over the past three years in the number of vehicle finance applications for new and pre-owned cars by Millennials and... 

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