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Greatland eyes full ownership of Havieron amid Newmont's potential divestment

Published: 03 May 24

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The US-based gold major in February announced that it was considering selling its interests in Havieron and Telfer, which were inherited through its acquisition of Newcrest last year.

Copper miner Austral placed in receivership

Published: 03 May 24

Copper miner Austral Resources has been placed in receivership. Creditor Wingate has appointed Jason Tracy, Grant Sparks and Sean Holmes as joint and several receivers and managers. “The business will continue to trade while the receivers and managers undertake an assessment of the financial position and determine the future of the business and its assets,” Deloitte said in a statement.

US power-plant rules threaten grid reliability, Peabody CEO says

Published: 03 May 24

Peabody Energy, the biggest US coal producer, is warning that federal regulations to curb emissions from power plants pose a threat to the grid at a time when electricity demand is poised to surge. The Environmental Protection Agency announced regulations last month that will force coal-fired power plants to capture nearly all of their carbon dioxide emissions — or close — by 2039. The policies are a critical part of President Joe Biden’s efforts to fight climate change, but they come just as the boom for artificial intelligence and data centers is set to send power demand higher.

Canadian Natural Resources considering major expansion of Horizon oil sands mine

Published: 03 May 24

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday. President Scott Stauth said the company is considering a 195 000 barrel-per-day (bpd) expansion at its Horizon mining and upgrading plant in northern Alberta through new extraction and treatment processes. Previously the company said it could add 75 000 bpd of bitumen, but Stauth said Canadian Natural had been able to enhance engineering and scale up the processes.

Hudbay is building Copper World, where it expects about 92 000 metric tons of average copper production over the first ten years.

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

Published: 03 May 24

he CEO of Canadian miner Hudbay Minerals said BHP Group's $39-billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines. Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies.

Glencore studying an approach for Anglo American, sources say

Published: 03 May 24

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet approached Anglo, one of the sources said. The discussions are internal and preliminary at this stage and may not result in an approach, the source added.

ASSEMBLY AREA
Based in Centurion, Tru-Trac’s facility amalgamates in-house manufacturing, research and development

Ongoing investment underscores commitment

Published: 03 May 24

Anchored fundamentally in the principle of efficiently managing its manufacturing processes, conveyor belt solutions manufacturer and supplier Tru-Trac Rollers’ ongoing investments in “state-of-the-art technology” and its adherence to strict international quality standards underscore its commitment to excellence, says Tru-Trac GM Franco Cloete. This strategy, he explains, ensures a high standard of quality, while continuously enhancing operational efficiency and ensuring cost-effectiveness, both of which he touts as critical factors that underpin the company’s competitive edge globally.

NONCOMPLIANCE RISKS
Noncompliant electrical cables may compromise the safety of consumers by potentially leading to hazards such as overheating, short circuits, fires and electrical shockS

Noncompliant electrical cables in South Africa risk safety

Published: 03 May 24

The proliferation of substandard and noncompliant electric cable products in the South African market poses significant risks to consumers and businesses, especially amid the country’s constrained and stagnating economy, says electronics manufacturer Apex Cordset Technologies (Apex). Apex is a dynamic company with a strong focus on technology and manufacturing, specialising in a range of safe and compliant electrical products and cable assemblies.

LOCALLY SOURCED
The perlite-based mineral aggregate is sourced from a South African mine

Local product ensures efficiency

Published: 03 May 24

Addressing global challenges such as climate change and the growing focus on sustainable development was front of mind in the development of Pratliperl by local manufacturer Pratley, says Pratley marketing director Eldon Kruger. “The perlite-based mineral aggregate is sourced and processed in South Africa, says Kruger, noting that this was a key part of the company’s commitment to local sourcing, local manufacturing and sustainability, especially in terms of local production.

Cape Town takes another stab at rolling out electric buses for its MyCiTi service

Published: 03 May 24

The City of Cape Town should have battery electric buses (e-buses) operational on its MyCiTi bus service by 2027, says Urban Mobility MMC Rob Quintas. It will be the city’s second stab at rolling out the zero-emission technology, following an unsuccessful attempt as an early adopter in 2018.