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


Copper's record run at risk as US shipments calm speculator frenzy

By: Reuters     Updated 4 hours ago Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover exposed short positions in the US Comex futures market rather than tepid demand in top consumer China. Prices on the CME Group's Comex hit a record... 

Implats concludes a new empowerment transaction at Impala Rustenburg, Impala Bafokeng

By: Tasneem Bulbulia     20th May 2024 JSE-listed Impala Platinum (Implats) has concluded a series of agreements, facilitating the implementation of a broad-based black economic empowerment (BBBEE) transaction at its Impala Rustenburg and Impala Bafokeng assets. The transaction will result in 13% BBBEE ownership at both Impala... 

Paul Brown named new Core Lithium CEO

By: Mariaan Webb     20th May 2024 Following a domestic and global search process, Australian hard-rock lithium miner Core Lithium has appointed Paul Brown CEO with effect from June 4. Brown’s appointment comes after Gareth Manderson exited Core in mid-March amid a strategic review. 

Astron Energy supports the critical mining sector through innovative solutions

By: Creamer Media Reporter      17th May 2024 As a leading energy company and key player in the South African mining industry, Astron Energy is at the forefront of the latest innovations and technology being deployed in the mining sector. Astron Energy’s theme for 2024, Unlocking New Ways, is a testament to how the company sees itself able... 

Safeguarding and encouraging the future progress of women in SA

17th May 2024 Conferencing and training specialists Pinpoint Stewards will be hosting the 3rd Annual Women & Leadership in Mining conference. The annual conference aims to highlight women leaders in mining across South Africa. Taking place on 28 & 29 August 2024 at the NH Collection Sandton hotel (previously... 

Schneider Electric announces inaugural Global Virtual Open Week – aimed at students, graduates and early-careers professionals

17th May 2024 Schneider Electric, the global leader in the digital transformation of energy management and automation, has unveiled its inaugural Global Virtual Open Week  which will be held from 3 to 7 June 2024.  The free, virtual open week is now open for registration with the last day to confirm attendance... 

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... 

Zambia to benefit from 60 MW solar power station

17th May 2024 Zambia-based power infrastructure solutions provider Copperbelt Energy Corporation (CEC) took a significant stride towards sustainable operations with the successful commissioning of the $200-million, 60 MW Itimpi solar photovoltaic power station, in Garneton, Kitwe, last month. The plant was... 

Machine Tools Africa to play crucial role in education, skills development

By: Simone Liedtke     17th May 2024 The upcoming Machine Tools Africa 2024 exhibition will serve as a comprehensive platform for showcasing the latest innovations in machine tools and related technologies. It also plays a crucial role in education and skills development, which is vital for sustaining industrial growth in South Africa. 

Indaba aims to unlock junior mining potential

By: Lynne Davies     17th May 2024 Mineral resources, energy and mining conference specialists Resources 4 Africa (R4A) envision junior miners playing a crucial role in meeting the rising demand for critical minerals and metals, in an African context. According to R4A CEO Paula Munsie, through the upcoming Junior Indaba, which... 

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