The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
Rhodium and ruthenium are having a banner week. Rhodium, mainly used in autocatalysts to curb harmful emissions, is benefiting as more European consumers choose gasoline-powered cars and trucks over diesel, said Jonathan Butler, a precious metals strategist at Mitsubishi Corp. in London. Drivers for ruthenium include demand for applications such as organic light-emitting diodes and water purification purposes, he said.
Shareholders of Aim-listed diversified mineral development company Bushveld Minerals have approved the demerger of the company’s tin assets. Bushveld earlier this month revealed its plans to demerge its tin assets, comprising the Mokopane tin and Zaaiplaats tin tailings projects in South Africa, and the Uis tin project, in Namibia, and to list AfriTin Mining, which will house the assets, on the Aim.
The African Development Bank (AfDB) and Berlin-based financial analysis firm OpenOil are hoping to trigger a new debate within Africa’s oil and gas and mining sectors with the publication of a jointly produced report on how African governments use financial models to manage projects. In an effort to support African countries in realising the full potential of their natural resources and contribute to countries getting more out of their mining projects, the report, ‘Running the numbers: How African governments model extractive projects’, analyses the capacity of 19 African resource-rich countries to use financial models.