R/€ = 19.7414 Change: 0.0999
R/$ = 18.1687 Change: 0.0041
Au 2434.05 $/oz Change: 19.80
Pt 1057.41 $/oz Change: -37.09


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

By: Reuters     Updated 3 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... 

Lithium miners shake up trading to tackle wild price swings

By: Bloomberg     20th May 2024 The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. As lithium emerges as a linchpin of the global energy transition, the industry is in the grip of a slow-motion revolution that earlier upended... 

Minerals Council, Geoscience, IDC going all out to boost South African exploration  

By: Martin Creamer     17th May 2024 A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a return to growth in the shrinking South African mining industry. Minerals Council South Africa CEO... 

Today’s well-supplied market for critical minerals ‘may not be a good guide for future’ 

By: Terence Creamer     17th May 2024 A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean energy deployment and affordability, it is a bane for critical mineral investment and... 

Company highlights positive technological effect on market

17th May 2024 Industrial equipment supplier Auma South Africa emphasises the positive impact of technology on the actuators market ecosystem. Auma's electric actuators and gearboxes are fitted onto third-party-supplied valves before distribution to end-users as an option, with a strong emphasis on maintaining... 

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. 

Company focuses on core competence in complete machining

17th May 2024 Austrian mechanical engineer WFL Millturn Technologies’ latest development has enabled the company to manufacture the complete machining of chuck parts with a diameter of 2 000 mm. The complete machining of chuck parts for the aerospace industry is one of the core competencies of WFL Millturn... 

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... 

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... 

Firm showcases industrial valve range

17th May 2024 Industrial equipment supplier BMG has presented its range of industrial slurry valves, which has been designed to cope efficiently in harsh conditions. This range includes robust butterfly and knife gate valves, as well as diaphragm and pinch valves. “These industrial slurry valves – which meet... 

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