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UPDATE on Pilgrims Rest Gold project in South Africa ? ----------------------------------- We’re yet to find a geologically similar gold deposit, globally ? ------------------------------------- When you look around the world, it’s rare to have vertical and horizontal reef systems. It’s either...

South African Gold Mine moves towards underground mine development ? ----------------------------------------------- The Mine is gearing towards an increase in activity, to provide a solid foundation to build the South African Mine into a mid-tier gold producer, as the gold sector continues to...

April 9th UPDATE on South African Waterberg platinum group metals project ? ------------------------------- The Waterberg Mine can be a fully mechanized, SHALLOW DECLINE ACCESS MINE ?? ---------------------------------- The project envisions 420 000 oz/y of platinum, palladium, rhodium and gold...

South African PGM mines at present account for 38% of the global palladium supply at 2.65 million ounces of palladium ? ----------------------------------------- South African PGM mines are the largest supplier of platinum, with three-quarters of the market ...

Platreef contains an estimated 26 million ounces of palladium...( March 8, 2020 ) ------------------------------------- The mineralized orebody has grades of platinum, palladium and gold ? As well as 1.8 million ounces of rhodium and quantities of nickel and copper ...

Palladium Price in South African Rand over R40,000. USDZAR at 9 pm (CAT) Today, Monday 6th April 2020 -------------------------------------------------- ( XPDZAR ) last seen at R40,112. (10 pm CAT Time)

The focus remains on open cast mining of shallow upper gold reefs near the surface ? ------------------------------------- The strategy is to mine high grade open cast resources, which have a lower risk profile, Are less capital intensive and which are faster to develop than underground...

South Africa may still have about 36 000 tonnes of gold still in the ground ? ------------------------------------------ The gold fields of the Witwatersrand Basin in South Africa is the largest single gold producing district in the world ? --------------------------------------------- It has...

Gold Price in South African Rand traded past R30,000 USDZAR at 10 am (CAT) Today, Friday 3rd April 2020 --------------------------------------- ( XAUZAR ) last seen at R30,264. (15.34 CAT Time) -------------------------------------- https://www.kitco.com/gold-price-today-south-africa/

South Africa recorded a trade surplus beating market expectations as exports grew 8.6 percent. ------------------------------------------------------------ Trade surplus was boosted by shipments of vehicles & transport equipment (93%); machinery & electronics (29%) and chemicals (15%)...

Mary Oppenheimer and daughters donate R1 billion USDZAR to South Africans. --------------------------------------- Mary , together with her daughters, Victoria , Rebecca , Jessica and Rachel , say the donation is separate from the initiative launched by her brother Nicky last week...

Naspers commits 1.5 billion USDZAR to South Africa... ( Monday, March 30th 2020 ) ---------------------------------------------------- Group CEO Bob van Dijk added that Naspers was contributing to the measures underway in South Africa and thanked the government of China and Tencent...

Billionaires Sprinkle South Africans with USDZAR Love. ------------------------------------ Business Partners to administer Rupert family R1 billion donation (30 March 2020) --------------------------------------- Ben Bierman, managing director at Business Partners South Africa says: ” We are...

Billionaires Sprinkle South Africans with USDZAR Love. ( 28 March 2020 13:18 ) ---------------------------------------------- The CEO of Sanlam Ian Kirk said: “Sanlam has a history of putting South Africa first. Today, we’re proud of the partnership with the Motsepe Family and its associated...

South Africans receive Three Billion Rand (ZAR) from Patrice Motsepe and Others? Patrice said in a virtual press conference yesterday that the cash injection would be structured in separate flows, with an immediate push of several hundred million...

Planets aligning for SA firms as huge Mozambique gas projects get moving ? 22 Nov 2019 --------------------------------------- Mozambique, could supply South Africa, with gas ? ---------------------------------------- On the demand side, countries are looking to introduce gas as a way of...

Zimbabwe gets computer assembling plant ? ( 17 Jan, 2020 ) -------------------------------- Zimbabwe is now assembling computers following the establishment of the Zimbabwe Technology Company ? ------------------------------- The joint venture assembling plant has the capacity to produce 150 000...

Mozambique GDP to rise to 4% in 2020 ? ----------------------------------------- Mozambique’s central bank expects its gross domestic product to rise to 4% in 2020 ? ------------------------------------ The forecast is based on increased credit to the private sector and investment in the oil and...

South Africa's Neighbour, Mozambique to Accelerate Mini-Grid Electrification ? ----------------------------------- Mozambique expressed its intention to involve the private sector in the supply of energy ? ------------------------------------- Mozambique plans to give concessions for the...

The Infrastructure Development Bank of Zimbabwe (IDBZ) is looking at renewable energy projects of up to 195 megawatt (MW) ? --------------------------------- Comprised of Solar Plants, Mini-Hydro, Gas and Geothermal Energy ? -------------------------------- These projects are expected to save...