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Premier mining and commodity investment news

ARM says JV gets green light to load iron ore amid lockdown

2 Apr 2020 /  Tanisha Heiberg, Reuters   3
"Exemptions to the lockdown restrictions have been granted for certain additional goods which are considered critical to the nation's economy and its revitalisation post the COVID-19 pandemic," ARM said

More mines declaring force majeure

2 Apr 2020 /  Ciaran Ryan   3
Mines are being forced to declare force majeure, as production winds down due to the lockdown.

SA’s ports are open to mineral exports, transport department says

1 Apr 2020 /  Helen Reid and Pratima Desai, Reuters   6
The notice, dated March 31, aimed to clear up widespread confusion among miners in South Africa, Zambia, and Democratic Republic of Congo.

Glencore’s chrome joint venture in SA with Merafe declares force majeure

1 Apr 2020 /  Zandi Shabalala, Reuters  
Glencore declined to comment.

Subsistence miners lose out as coronavirus crushes local gold prices

1 Apr 2020 /  Helen Reid and Jeff Lewis, Reuters   1
Border restrictions and flight cancellations have created gold gluts in local markets.

Impala Platinum declares force majeure on supply from SA mines

30 Mar 2020 /  Reuters  
Shuttered its SA operations to comply with a three-week national lockdown

Anglo American Platinum declares force majeure

30 Mar 2020 /  Tanisha Heiberg, Reuters  
On certain supplier contracts after coronavirus lockdown.

Sibanye-Stillwater to declare force majeure on SA platinum output

30 Mar 2020 /  Tanisha Heiberg and Zandi Shabalala, Reuters  
South Africa is the world's largest producer of platinum and a major producer of palladium and rhodium, used in autocatalytic converters.

Gold retreats after best week since 2008 as caution reigns

30 Mar 2020 /  Bloomberg News   1
Silver and platinum also down.

SA gold shipments to London were disrupted

27 Mar 2020 /  Felix Njini, Bloomberg  
Rand Refinery says it’s exploring back-up plans and alternative measures to be able to meet its delivery commitments.

SA port closures to hit global copper supply

26 Mar 2020 /  Helen Reid, Zandi Shabalala, Tanisha Heiberg, Reuters  
'All bulk terminals (mineral mining commodities) will be closed'.

Aveng to stop mining activities during South Africa lockdown

26 Mar 2020 /  Nqobile Dludla, Reuters   1
'Revenue will be reduced through this period until projects restart'.

Rand Refinery shuts smelter, reduces gold refining

26 Mar 2020 /  Helen Reid, Reuters  
During SA lockdown.

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