R/€ = 16.59 Change: 0.03
R/$ = 16.17 Change: 0.03
Au 1802.28 $/oz Change: 14.57
Pt 966.00 $/oz Change: 5.50


FLSmidth’s acquisition of TK Mining to conclude end of August

By: Darren Parker     12th August 2022 The final closing of mining engineering, equipment and services company FLSmidth’s acquisition of multinational engineering company ThyssenKrupp’s mining business TK Mining will take place on August 31, now that all conditions and requirements for the transaction have been met. FLSmidth confirmed... 

South Africa gets another unsolicited bid for a Telkom deal

By: Bloomberg     12th August 2022 The South African government received an unsolicited bid for its 40.5% stake in Telkom, following an announcement that MTN Group is planning to acquire part of the carrier. Investment firm Toto Consortium made an offer valued at $433-million for the stake in the nation’s third-largest... 

Stillwater repositioned for delivery through commodity cycle 

By: Martin Creamer     12th August 2022 Prevailing macro-environment challenges and changing palladium market conditions have prompted a strategic revision of Sibanye-Stillwater’s United States platinum group metal (PGM) operations, which in June suffered a one-in-200-year flood at Stillwater, in the Montana region. These challenges... 

Cape Town readies battery storage, ‘dispatchable IPP’ procurement programmes 

By: Terence Creamer     12th August 2022 The City of Cape Town, which is in the process of procuring up to 200 MW of renewable energy from independent power producers (IPPs), expects to initiate a utility-scale battery energy storage system (BESS) programme in 2023. It is also working on the design of a so-called ‘dispatchable IPP... 

On-The-Air (12/08/2022) 

By: Martin Creamer     12th August 2022 South Africa’s new energy plan received strong applause this week from a top ferrochrome producer; The competitiveness of sun power was emphasised this week by companies that outlined their solar plant plans; Anglo American’s big Southern African energy plan lays the foundation for the local... 

Labat Africa once again partners with CSIR to accelerate cannabis projects

By: Marleny Arnoldi     12th August 2022 JSE-listed venture capital company Labat Africa has signed a memorandum of understanding with the Council for Scientific and Industrial Research (CSIR) to fast-track implementation of various cannabis-related projects. The CSIR has carried out extensive work in the areas of industrial hemp and... 

Greenpeace targets Woodside supplies in Germany - report

By: Esmarie Iannucci     12th August 2022 Environmental group Greenpeace on Friday claimed that environmental activists in Germany had blocked a ship carrying pipelines slated for use in ASX-listed Woodside’s Scarborough offshore gas project. Greenpeace Australia Pacific head of clean transitions, Jess Panegyres, said that around 20... 

Dasa operating company formed, board and management appointed

By: Creamer Media Reporter      12th August 2022 Toronto-listed Global Atomic has announced the incorporation of Société Minière DASA or Somida, the company's Niger mining subsidiary under which the Dasa uranium project will operate. Moussa Souley, the former MD of Orano's Cominak mine, has been appointed MD of  Somida and mining engineer... 

Provider highlights women’s issues

By: Sabrina Jardim     12th August 2022 There should be greater awareness of the obstacles that women working in the mining industry have to overcome, says training solutions provider KBC Health and Safety COO Sian Thurtell. She says women working in the industry deal with challenges such as gender bias, ill-fitting personal protective... 

Training provider hosts programmes for women

By: Sabrina Jardim     12th August 2022 While the mining industry has progressed to be more accommodating towards women, those working in the mining industry are often expected to prove themselves to be as capable and competent as men, says specialist mining training provider Prisma Training Solutions metallurgy training manager Carol... 

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