R/€ = 15.60 Change: -0.01
R/$ = 13.70 Change: -0.01
Au 1293.40 $/oz Change: 3.11
Pt 806.48 $/oz Change: 4.33


Brazil studying auction of rights to six unexplored mining areas in 2019

By: Reuters     31st July 2018 Brazil's geological service is studying auctioning off mining rights in 2019 to six previously unexplored areas that have significant potential output of copper, gold, phosphate and other minerals, the head of the organisation told Reuters on Monday. The geological service CPRM, which operates... 

Brazil mining reforms stalled by impasse over new agency

By: Reuters     29th July 2018 A new Brazilian mining regulator created last year to cut red tape and attract foreign investment has still not gotten out of the blocks, with experts warning that the agency will be stalled at least through the October election and perhaps until 2019. Miners say major investments are hanging in... 

Brics nations must do away with restrictive barriers to trade

By: African News Agency      23rd July 2018 The Brics nations should look at innovative ways to remove barriers to trade, including decreasing barriers to new technology growth, while also considering a Brics visa card. This is according to Elena Myakotnikova of the Agency for Strategic Initiatives, who delivered a presentation on a "road... 

Brazil overhauls decades-old mining law to lure investment

By: Reuters     12th June 2018 Brazil's President Michel Temer issued two decrees on Tuesday overhauling 50-year-old mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties. The changes to the 1967 mining code include measures to allow for mining titles to be... 

Brazil presidential decree next week to overhaul mining rules – sources

By: Reuters     7th June 2018 Brazil's President Michel Temer plans to issue a decree next week to overhaul the rules for mining permits, bypassing Congress after it failed to approve similar changes last year, two people with direct knowledge of the matter told Reuters. The sources, who asked not to be named because the... 

Brazil says US tariffs and quotas unjust, still open to negotiate

By: Reuters     2nd June 2018 The Brazilian government said US quotas and tariffs that went into effect on Friday on Brazil's steel and aluminum exports to the United States were unjustified, but said it remains open to negotiate a solution that benefits industries in both countries. Under the new quota-based system agreed... 

Brazil deal to end truckers' strike rattles Petrobras investors

By: Reuters     29th May 2018 Petrobras shares plunged 15% on Monday after Brazil's government offered new fuel subsidies and softened the oil producer's pricing policy in a bid to settle a truckers' strike that has wreaked havoc on Latin America's largest economy. As a result of tax cuts and subsidies announced by President... 

Brazil antitrust regulator approves Vale-Yara fertiliser deal

By: Reuters     10th May 2018 Brazil's antitrust regulator Cade on Wednesday approved the sale of a Vale fertiliser unit to Yara International, sanctioning a deal that will allow the Norwegian giant to produce nitrogen-based fertilisers in Brazil. Six of Cade's seven board members voted to approve the $255-million... 

Syrian storm puts SA in uncomfortable company

By: Rebecca Campbell     27th April 2018 On April 7, Douma, in Syria, was subject to what appears to have been a chemical weapons attack. The Syrian Government has an independently-established (by the Organisation for the Prohibition of Chemical Weapons, or OPCW) record of using chemical weapons in the current civil war, and against... 

Brazil court extends deadline for Samarco to pay dam spill guarantee

By: Reuters     12th January 2017 A Brazilian judge has extended the deadline for Samarco and its shareholders Vale SA and BHP Billiton to make a 1.2-billion reais ($375.41-million) payment related to a dam spill to January 19, a statement from the court in the state of the Minas Gerais said on Wednesday. The payment was due on... 

Brazil levies initial fines of $66m against mine for burst dams

By: Reuters     13th November 2015 President Dilma Rousseff on Thursday announced preliminary fines worth 250-million reais ($66.2-million) against a mine in southeastern Brazil where two dams burst, killing at least seven people and coating a two-state area with mud and mine waste. The fines, announced after Rousseff flew over... 

Avianca Brasil Joins Star Alliance Network

23rd July 2015 At a special ceremony held at Guarulhos International Airport today, the Star Alliance member carriers welcomed their newest member, Avianca Brasil. “Adding Avianca Brasil to our network is an important step in enhancing our customer proposition in Latin America. Brazil is the most important... 

Brics science ministers meet in Brazil

By: SANews, SA government news service     18th March 2015 Science and Technology Minister Naledi Pandor has joined her Brazil, Russia, India, China and South Africa (Brics) counterparts in Brazil for a two-day science, technology and Innovation (STI) ministerial meeting. The first Brics STI Ministerial Meeting was held in Cape Town last year, in line... 

German centre opens African Twitter channel

By: Anine Kilian     11th April 2014 The German Information Centre Africa  (GIC Africa) announced the launch of its new social media Twitter channel, @GICAfrica, last mont As of March 28, the virtual information centre further amplified its reach, making the... 

Brazilian Gripen order could have training spin-off for South Africa

By: Keith Campbell     24th January 2014 South Africa may have the opportunity of providing flying training for Brazilian Air Force (FAB) Saab Gripen fighter pilots over the next few years. Such training would, of course, be paid for by the Brazilians. Although Saab has previously proposed setting up a Gripen fighter weapons school in... 

05/04/2013 (On-The-Air) 

By: Martin Creamer     5th April 2013 The US’s new clean-energy centre in Johannesburg is a shot in the arm for renewable energy in Africa; The production lines for South Africa’s joint missile project with Brazil are beginning to take shape; and The confirmation of coking coal at Makhado is another boost for the Limpopo province. 

Cleveland starts production at Premier

By: Esmarie Iannucci     22nd November 2012 ASX-listed Cleveland Mining has started commercial production at its Premier gold mine, in Brazil. The miner reported on Thursday that the Phase 1 gravity plant was operating at a rate of 40 t/h, with the company now working on Phase 2 of the project, which would involve increasing the... 


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