R/€ = 16.78 Change: -0.02
R/$ = 14.70 Change: -0.06
Au 1185.43 $/oz Change: 8.53
Pt 789.50 $/oz Change: 8.67


Sweden's Granges halts plans for US aluminium joint venture

By: Reuters     17th August 2018 Sweden's Granges put on ice on Friday plans to form an aluminium manufacturing joint venture in the United States with Japan's Mitsubishi Aluminum Co, saying that the project was less attractive in "current circumstances". It did not specify what circumstances it was referring to though a Granges... 

Beowulf marks maiden resource milestone at Aitolampi

By: Creamer Media Reporter      13th August 2018 Aim-listed Beowulf has announced a maiden mineral resource estimate for its Aitolampi graphite project, which it believes has the potential to serve the developing battery manufacturing market in Finland and Sweden. The Aitolampi project, in eastern Finland, has an indicated and inferred mineral... 

Government considering ban on microbeads after Gauteng drinking water is found to be contaminated

By: News24Wire      10th August 2018 The government has set up a task team to look at imposing a total ban on microbeads – the tiny plastic beads used in cosmetics, toothpaste and sandblasting. This comes after a Water Research Commission study found microplastic pollution in tap water in Johannesburg and Tshwane, as well as in all... 

Sunstone to divest of Viscaria

By: Esmarie Swanepoel     9th August 2018 ASX-listed Sunstone Metals has signed a letter of intent (LoI) which could see the company divest of its Viscaria copper project, in Sweden, in exchange for a 30% shareholding in Swedish company Copperstone Resources AB. The proposed transaction will be completed in two stages, with the initial... 

Copperstone and Sunstone to team up on Scandinavia copper

By: Creamer Media Reporter      8th August 2018 Publically traded company Copperstone Resources on Wednesday announced that it had signed a nonbinding letter of intent to acquire the Viscaria copper project in Kiruna, northern Sweden, from ASX-listed Sunstone Metals. The transaction is proposed as a scrip and share deal and will make Sunstone... 

Square Kilometre Array project, Africa and Australia

By: Sheila Barradas     3rd August 2018 A French consortium, comprising five research organisations and seven private companies, has joined the SKA Organisation. 

Lundin hikes FY guidance targets; names new CEO as Conibear retires

By: Mariaan Webb     25th July 2018 A stellar performance from the Neves-Corvo mine, in Portugal, during the most recent quarter has prompted TSX-listed Lundin Mining to paint a more rosy production outlook for the full year, with the miner's copper and zinc guidance having been improved. The Neves-Corvo mine, where Lundin is... 

Leading Edge to start testwork at Woxna to design optimal demonstration plant

By: Marleny Arnoldi     23rd July 2018 TSX-V-listed Leading Edge Materials has had discussions with European customers that confirm that large sample volumes and commercial scale processes are necessary if battery materials are to gain industrial qualification. Leading Edge is positioning its Woxna graphite mine, in Sweden, to... 

UN Security Council imposes arms embargo on South Sudan

By: African News Agency      18th July 2018 The United Nations Security Council (UNSC) has imposed an arms embargo on South Sudan as a measure to prevent the flow of weapons to armed groups in the war-hit nation. The members who backed the imposition of the ban believe such a move would help protect civilians, while others raised concerns... 

Atlas Copco

13th July 2018 A world-leading provider of sustainable productivity solutions, Atlas Copco is characterised by focused businesses, a global presence with direct sales and service, a strong, stable and growing service business, professional people and an asset-light and flexible manufacturing setup. “We are... 

Dafo Vehicle Fire Protection AB emerges into the world

9th July 2018 Dafo Brand AB in Sweden has decided to separate its vehicle fire detection and suppression operations from its core fire safety equipment business. Dafo Vehicle Fire Protection AB will be in operation from July 1, 2018. “The purpose of this change is to more closely focus on the long term... 

Draft Mining Charter progressive, but still ambiguous – Bench Marks Foundation

By: Marleny Arnoldi     3rd July 2018 The new draft Mining Charter, released mid-June, is a step in the right direction, says performance monitoring organisation Bench Marks Foundation, but it warns that the devil remains in the detail, with some matters still to be clarified.  

Oz Minerals moves to take Avanco in full

By: Esmarie Swanepoel     27th June 2018 Copper/gold miner Oz Minerals will start the compulsory acquisition of the remaining shares in takeover target Avanco, after gaining a 90.46% shareholding in the company. Oz Minerals’ offer of 8.5c in cash and 0.009 of its own shares for every Avanco share held will close on July 6.  

Cobalt hunt takes Aussie explorer to forest on BMW's doorstep

By: Bloomberg     13th June 2018 The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from the plant where the German manufacturer makes its i3 electric city car. The cobalt find in a forested section of Saxony’s... 

Boliden bets on battery boost as electrification gains traction

By: Bloomberg     12th June 2018 Boliden AB, the mining company that traces its roots to a 1920s gold discovery in northern Sweden, is preparing for a future where everything from boats to cars and its own machines run on electricity. Although the company’s mines mainly produce base metals needed for construction and... 

Tanzania charges telecoms executives with fraud in tax evasion crackdown

By: Reuters     7th June 2018 Tanzanian prosecutors on Wednesday charged two chief executives of mobile phone companies and four other suspects with fraud as part of a crackdown against tax evasion in the East African nation. The executives charged were Le Van Dai, 35, managing director of Halotel Tanzania, owned by... 

Swedish digital breakthrough in mining industry

5th June 2018 The Swedish-Australian company Orexplore has launched the world's first fully-featured digital drilling cores laboratory - the GeoCore X10. The product, which won a Red Dot Industrial Design Award in 2017, analyzes the element concentrations and minerals contained in a drill core, as well as... 

Electric vehicles could increase to 220m in 2030 – IEA

By: Marleny Arnoldi     30th May 2018 The International Energy Agency’s (IEA’s) ‘Global Electric Vehicles Outlook’ has found that the number of electric and plug-in hybrid cars on the world’s roads exceeded three-million in 2017, which is a 54% increase compared with 2016.  

Square Kilometre Array project, Africa and Australia

By: Sheila Barradas     25th May 2018 The South African component of the Square Kilometre Array radio telescope programme has become a major "headache" for the South African aviation sector. 

Aura defines new vanadium zone at Sweden project

By: Mariaan Webb     23rd May 2018 Dual-listed Aura Energy has identified a new high-grade vanadium zone at its Häggån project in Sweden, resulting in an overall mineral resource estimate increase. Resource modelling defined an inferred resource of 15.1-billion pounds at 0.26% of vanadium pentoxide (V2O5), at a cut-off of 0.1%.... 

Tertiary continues project acquisition negotiations

By: Creamer Media Reporter      22nd May 2018 Fluorspar junior Tertiary Minerals is continuing negotiations to potentially acquire a project, which has the potential to generate revenue in the near term. Early stage due diligence and negotiations were progressing, Tertiary said on Tuesday in its operational report for the six months to... 

Fogmaker fire suppression system takes the heat in the forestry industry

16th May 2018 South Africa‘s plantation area covers more than 1.5 million hectares, stretching over five provinces - Limpopo, Mpumalanga, KwaZulu-Natal, the Eastern and Western Cape. “With the forestry industry in the summer rainfall areas nearing the fire season, forestry machinery not fitted with a fire... 

Beowulf raises £1.5m for graphite and magnetite projects

By: Creamer Media Reporter      16th May 2018 Exploration company Beowulf Mining has raised £1.5-million for general working capital purposes and to support its graphite and magnetite activities. The proceeds were raised at 5p a share, said Beowulf, which owns the Kallak magnetite iron-ore project and the Åtvidaberg polymetallic exploration... 

Ramaphosa off to Geneva to assume co-chair of ILO global commission

By: African News Agency      15th May 2018 President Cyril Ramaphosa will on Tuesday assume the position of Co-Chair of the Global Commission on the Future of Work of the International Labour Organisation (ILO) in Geneva, Switzerland. The South African president, who left for Geneva on Monday, will attend the working dinner, to consider... 

Wine prices to rise as global shortage looms

By: Simone Liedtke     8th May 2018 The South African wine industry needs an upward price adjustment to ensure a sustainable supply going forward, amidst a looming wine shortage, says industry body Vinpro. Vinpro’s ‘Wine Harvest Report 2018’ shows that wine grape production is at 1.2-million tonnes – an almost 15% decrease compared... 

Power market restored to Rusal's Swedish aluminium smelter

By: Reuters     8th May 2018 Europe's leading power market Nord Pool restored access on Tuesday to Rusal's Swedish aluminium smelter after it was suspended from trading in the wake of US sanctions on the Russian company. Nord Pool suspended Rusal's Kubal smelter from trading on its exchange on April 18 due to violations of... 

Social injustice is S Africa’s biggest challenge – Thuli Madonsela

By: Sane Dhlamini     8th May 2018 Former Public Protector Thuli Madonsela on Tuesday gave the keynote address at the 11th Trialogue Business in Society Conference in Johannesburg, where she said that the biggest challenge facing South Africa and the world was social injustice. The conference aims to promote thought leadership,... 

New Volvo CE rigid haulers to deliver improved production

8th May 2018 Babcock customers can now look forward to achieving production targets faster as the new range of Volvo Construction Equipment rigid haulers becomes available in southern Africa later this year following the official launch in Scotland in April. The new Volvo Construction Equipment hauler range... 

Kariba dam rehabilitation project, Zambia and Zimbabwe

By: Sheila Barradas     4th May 2018 The Zambezi River Authority has embarked on the final stage of the project with the launch of a tender for the spillway rehabilitation works. 

Erris granted licence surrounding historic gold mine in Sweden

By: Creamer Media Reporter      3rd May 2018 Europe-focused Erris Resources has been granted a new gold exploration licence in central Sweden, complementing its existing project in that country. The licence surrounds the historic Enåsen mine, which produced 1.7-million tonnes at 3 g/t gold between 1984 and 1991. 

Beowulf awards resource estimate, ESIA roadmap contracts

By: Marleny Arnoldi     2nd May 2018 Aim-listed exploration and development company Beowulf Mining has awarded a mineral resource estimate (MRE) contract for the Aitolampi graphite project, in Finland, to mining consultancy CSA Global. 

Tackling shipping sector’s carbon emissions

By: Saliem Fakir     27th April 2018 Shipping emissions is an area that has not fallen under the rubric of United Nations Framework for Climate Change (UNFCCC). The shipping industry has, by and large, avoided scrutiny of its own contribution to climate change. Given that the shipping industry’s infrastructure will be exposed to the... 

Kariba dam rehabilitation project, Zambia/Zimbabwe

By: Sheila Barradas     27th April 2018 The Kariba dam rehabilitation project is progressing steadily. 

Zambezi River Authority launches Kariba dam spillway rehabilitation works tender

By: Marleny Arnoldi     25th April 2018 The Zambezi River Authority (ZRA) has embarked on the final stage of its Kariba Dam rehabilitation project (KDRP) with the launch of a tender for the spillway rehabilitation works to a shortlist of three prequalified companies – China Gezhouba Group, the CMC/ATB Kariba joint venture and GE Hydro... 

Global leader Dynapac aims to solidify its presence in South Africa through dynamic product offerings

25th April 2018 Dynapac, now part of Fayat Group, one of the largest construction groups in France and a world leader in road construction equipment, is poised to further strengthen its position as a global frontrunner in the manufacture and supply of equipment for the roadbuilding and civil construction... 

Vodacom Tanzania bets on data and mobile money to stay on top

By: Reuters     23rd April 2018 Vodacom Tanzania is focusing on growing its data business, mobile payments system and cloud services to stay on top of the East African nation's competitive telecoms market, the head of the company said on Friday. Investment in these areas will ensure the company retains first mover advantage,... 

Aura targets Sweden battery project listing in H2

By: Mariaan Webb     19th April 2018 Plans are advancing for the separate listing of explorer Aura Energy’s Häggån polymetallic project, in Sweden, with completion targeted for the second half of the year. The company would initially maintain an ownership of 70% to 80% in the vanadium initial public offering (IPO) spin-off, but... 

Tertiary says Swedish project to have ‘minimal impact’ on reindeer herding

By: Mariaan Webb     17th April 2018 The Storuman fluorspar project that UK-headquartered Tertiary Minerals is proposing in north-central Sweden will have a “minimal impact” on reindeer husbandry, an in-depth analysis of reindeer herding has shown. As part of the mine permit reassessment process of the Storuman project, Tertiary... 

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