R/€ = 16.84 Change: -0.01
R/$ = 14.29 Change: -0.01
Au 1207.00 $/oz Change: 4.35
Pt 835.50 $/oz Change: 11.25


US gives rare earths reprieve in revised $200bn China tariff list

By: Reuters     18th September 2018 The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200-billion of Chinese goods, underscoring its reliance on China for the strategic minerals. China is the world's largest producer of rare earths and... 

SA cities not among the least liveable

By: Martin Zhuwakinyu     14th September 2018 South Africans are a whinging lot – there is survey data from credible research entities to prove this – and one of biggest gripes is about living conditions in towns and cities, especially in the less-well-to-do areas, better known in our lingo as ‘locations’ or ‘townships’. The service delivery... 

Glencore-led Australian coal port wins court nod on $3.2 bln debt refinancing

By: Reuters     11th September 2018 Australia's Wiggins Island Coal Export Terminal obtained court approval on Tuesday for a $3.2-billion debt refinancing plan, offering respite to its owners who would have had to start repayments this month. The Queensland-based terminal, known as WICET, is 40% owned by miner and commodities... 

Gold's dismal run sets half-decade mark as dollar and stocks win

By: Bloomberg     31st August 2018 Gold is set for a fifth straight monthly decline, the longest losing run in half a decade, as the dollar gets a twin boost from trade tensions and the Federal Reserve’s path for higher interest rates, while inflation remains stuck in hibernation and US equities notch record after record. Bullion... 

Turnbull to cap power prices amid dissent over energy plan

By: Bloomberg     20th August 2018 Prime Minister Malcolm Turnbull has vowed to cap power prices in Australia in an urgent policy rejig aimed at winning over critics within his own party for the government’s energy plan. Amid reports he faces a revolt from backbench lawmakers over his National Energy Guarantee, Turnbull said the... 


17th August 2018 South Africa continues to speak hopefully about a New Dawn. However, Australia, which shares a number of similar characteristics, from mining and weather, to sporting appetites, recently marked what could arguably described as a long dawn. The country recently recorded its twenty-seventh straight... 

Orion turbocharges Prieska study

By: Martin Creamer     15th August 2018 The Sydney- and Johannesburg-listed exploration and development company Orion Minerals, which is developing a zinc and copper project at Prieska in the Northern Cape, on Wednesday announced the second tranche of its two-tranche share issuance to raise $7.86-million. The total $11-million capital... 

Will BHP's CEO follow top miner's shale unit out of the door?

By: Bloomberg     27th July 2018 BHP Billiton’s $10.8-billion of deals to exit its troubled US shale unit will allow CEO Andrew Mackenzie to shower investors with returns. It may also be a chance for him to bow out on top. Mackenzie, 61, who’s held his post since 2013, has delivered on plans to simplify BHP around a tighter... 

Rio Tinto unveils large vivid pink Argyle diamond

By: Creamer Media Reporter      12th July 2018 Rio Tinto has unveiled the largest vivid pink diamond in the history of its Argyle pink diamonds tender, during a preview in Sydney. The 3.14 ct polished emerald cut diamond, known as The Argyle Alpha, is part of the line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle pink... 

Platina finds site for Owendale plant

By: Esmarie Swanepoel     12th July 2018 ASX-listed Platina Resources has signed a lease for the site of its proposed Owendale scandium processing facility, in New South Wales. The site, a former abattoir, is some 70 km from the mine site and has road system capable of handling the trucks that will be used to transport ore from the... 

Stocks decline as Trump reloads the tariff bazooka

By: Bloomberg     11th July 2018 Stocks fell, the dollar gained and commodities slid with emerging-market assets after the US fired a new shot in its brewing trade war with China. S&P 500 futures slumped with the Stoxx Europe 600 Index and MSCI Asia Pacific Index following the Trump administration’s release of the biggest list... 

Denham Capital closes Mining Fund at $558m

By: Marleny Arnoldi     9th July 2018 Resource and energy-focused global private equity firm Denham Capital has closed its first standalone mining fund, the Denham Mining Fund, at $558-million to expand its portfolio in Australia, Canada, South America and Africa.  

Orion Resource Partners raising $500m in royalty, streaming fund - sources

By: Reuters     26th June 2018 Orion Resource Partners is raising up to $500-million in a fund financing potash, tungsten and iron-ore mines, sources close to the matter said, meeting miners' need for funding and investors' appetite for long-term assets. Miners are turning to alternative sources of finance as the industry has... 

Dutchman Reaches Australia By Electric Car After 827 Days

21st June 2018 Wiebe Wakker with his electric 'Blue Bandit' in Darwin Driving from the Netherlands to Australia by car is already a big challenge, electric pioneer Wiebe Wakker did it without money and hasn’t visited a single fuel station on his way. The 31-year-old solo-traveller left Amsterdam on the 15th of... 

Eastern Creek energy-from-waste facility, Australia

By: Sheila Barradas     15th June 2018 The Next Generation plans to build and operate a large-scale energy-from-waste facility in western Sydney.  

WestConnex – Rozelle Interchange and Iron Cove Link, Australia

By: Sheila Barradas     15th June 2018 WestConnex is the biggest road development in Australia. The project will ease traffic congestion and improve access and connections to western Sydney.  

Boart Longyear launches new XQTM Wireline Coring Rods

5th June 2018 Boart Longyear is launching new XQTM Wireline Coring Rods for use in drilling and coring applications in the mining industry. Well-known for first introducing the industry renowned Q™ rod, and then the RQ™ rod which took rod performance to a new level, Boart Longyear’s patented and innovative XQ... 

Iata, Afraa in MoU deal to advance aviation in Africa

By: Natasha Odendaal     4th June 2018 The International Air Transport Association (Iata) and the African Airline Association (Afraa) have teamed up to pave the way for further development in the African aviation sector. A memorandum of understanding (MoU) signed in Sydney, Australia, this week deepens the cooperation between the... 

Gold may hit $1 400 in '19 on 'powerful fuel' of weak dollar

By: Bloomberg     4th June 2018 Gold may have posted two straight months of declines, but is set to shrug off the blues and rise in 2019 as the dollar weakens. The precious metal will start to rebound in the final quarter of this year to average $1 375 an ounce in the last three months of next year and could touch a high of $1... 

Prairie stock falls as Debiensko concession amendment is denied

By: Mariaan Webb     29th May 2018 The Polish Ministry of Environment (MoE) has denied Australian miner Prairie Mining’s application to extend the production starting date of its Debiensko hard coking coal mine, a decision which Prairie said on Tuesday it would appeal. In terms of the mining concession that the MoE issued in... 

Cobalt streaming may presage bigger deals as Vale weighs options

By: Bloomberg     23rd May 2018 A streaming deal for cobalt and nickel from a mine in Papua New Guinea may foreshadow other similar arrangements as producers look to capitalise on the battery-commodity boom to raise cash for investments. On Tuesday, Cobalt 27 Capital – a Toronto-listed vehicle designed to invest in the metal –... 

Australia East Coast gas prices seen rising as cheap gas supply dwindles

By: Esmarie Swanepoel     15th May 2018 Australia’s East Coast gas prices are forecast to rise up to 30% to between A$10/GJ and A$13/GJ by the mid-2020s, as cheap gas supply continues to decline, advisory firm Wood Mackenzie has reported. Speaking at the Australian Petroleum Production and Exploration Association (Appea) conference,... 

BP said to tap Morgan Stanley as it weighs buying BHP assets

By: Bloomberg     4th May 2018 BP is weighing an acquisition of some of BHP Billiton’s energy assets as the British oil major seeks more US shale, according to people familiar with the matter. The London-based company is working with Morgan Stanley to advise on the plans, said the people, asking not to be identified as the... 

Kimberley Diamonds' Botswana mine to be auctioned online

By: Bloomberg     30th April 2018 A diamond mine in Botswana will be offered for sale at an online auction after its liquidators failed to secure viable offers. Online bids for the Lerala Diamond Mine open at 17:00 on May 24 and run through 14:00 on May 30, according to a statement published in the weekly Monitor newspaper by the... 

Jupiter mines to list on ASX; Tshipi increases FY18 net profit

By: Marleny Arnoldi     17th April 2018 Jupiter Mines, which owns a 49.9% interest in Tshipi é Ntle Manganese Mining, will list on the ASX on Wednesday, with the company’s board and management to ring the ASX bell in Sydney to formally start trading.  

Fortescue says miners have shut gates on new iron-ore supply

By: Bloomberg     10th April 2018 Global iron-ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group. “The reality is that most of the producers, ourselves included, are not actually... 

Rio Tinto stands to win from Rusal sanctions, US consumers to lose

By: Reuters     9th April 2018 Rio Tinto will be among the biggest winners from the US sanctions imposed on Russian aluminium giant United Company Rusal as the penalties further shake up the global metals trade and boost costs for US consumers, industry sources said on Monday. The United States on Friday imposed the sanctions... 

Santos shares jump on A$13.5bn bid from Harbour Energy

By: Esmarie Swanepoel     3rd April 2018 Energy investor Harbour Energy has made a A$13.5-billion offer for oil and gas major Santos, offering shareholders $4.98 a share, or A$6.50 equivalent. Harbour has previously made three unsolicited offers for Santos, the last of which was priced at A$6.37 a share. 

Hydro to start shutdown of Brazil alumina lines by mid-April – sources

By: Reuters     28th March 2018 The Alunorte refinery in northern Brazil, owned by Norway's Norsk Hydro, will start shutting down half of its alumina capacity in the next two weeks to preserve equipment, two people familiar with the matter said on Tuesday. The world's largest alumina refinery, situated in Brazil's Amazon... 

US tariff exemptions to boost Australian exports - industry

By: Reuters     12th March 2018 Australian steel and aluminium manufacturers said on Monday exports to the United States will grow after securing exemptions from tariffs signed into law by US President Donald Trump. Trump on Friday said Australia would become the third country to be free from a 25% tariff on steel imports and... 

Shell, Blackstone eye $10bn bid for BHP US shale assets – Sky News

By: Reuters     9th March 2018 Royal Dutch Shell and US private equity firm Blackstone Group are working on a joint $10-billion bid for BHP Billiton's US shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its US shale operations, Sky... 

Australia hopeful of US tariff exemptions

By: Reuters     9th March 2018 Australian Prime Minister Malcolm Turnbull said on Friday he is hopeful of securing an exemption from U.S. tariffs on steel and aluminium after sustained lobby effort by his government. US President Donald Trump on Thursday imposed a 25% tariff on steel imports and 10% for aluminium on Thursday. 

WBHO believes SA’s construction cycle has bottomed

By: Irma Venter     9th March 2018 Despite the changing political landscape in South Africa, the construction industry, which has been in the doldrums over the last 24 months, will not immediately experience a change in fortunes, warns Wilson Bayly Holmes-Ovcon (WBHO) CEO Louwtjie Nel. “Government has lots of obligations. We won’t... 

UBS warns of 'deep trade war' as commodity giant sees no winners

By: Bloomberg     7th March 2018 Raw materials are at great risk as Donald Trump’s White House prepares to pull the trigger on tariffs. UBS Group warned metals to energy will be hurt should US levies spark a global trade war, while commodity powerhouse Australia forecast only a damaging race to the bottom. “Obviously, going... 

Australia's Lowe warns Trump tariffs could shock global economy

By: Bloomberg     7th March 2018 Australian central bank Governor Philip Lowe slammed President Donald Trump’s tariffs proposal, warning escalation and retaliation could develop into a “very big shock for the global economy.” In unusually strong language for the Reserve Bank of Australia chief, Lowe described Trump’s proposed... 

Trump tariffs are black day for world, business, BHP CEO says

By: Bloomberg     6th March 2018 President Donald Trump’s plans to slap tariffs on steel and aluminium imports is a black day for the world and business, according to the biggest mining company. BHP Billiton and competitors could be hit should other economies follow the move by the US toward a more protectionist and anti... 

First-time participant hopes to gain industry exposure

By: Melissa Zisengwe     2nd March 2018 For the first time since the establishment of bauma CONEXPO AFRICA, high frequency fine screening equipment designer, manufacturer and supplier Landsky will showcase its products to industry leaders and high-profile buyers in Southern Africa.  

India's outback coal bets sour as global prices recover

By: Bloomberg     1st March 2018 Australian mining legend Lang Hancock’s dream four decades ago of exporting coal from the country’s remote Galilee Basin is becoming a nightmare for two Indian conglomerates. Adani Group bought into the Queensland basin in 2010, followed a year later by GVK Group, with plans to ship thermal coal... 

2 3 4 5 6 7 8 9 Next Last

Latest News


Latest Videos



Engineering News is a product of Creamer Media.

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close