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Mining Weekly News

Kumba Iron Ore CEO Mpumi Zikalala.
Public-private partnership providing powerful performance potential – Kumba Iron Ore
9th August 2024 By: Martin Creamer

The commitment of South Africa’s new multi-party government to continued reform of this country’s iron-ore logistics was hailed on Tuesday by Kumba Iron Ore. During the presentation of half-year... 


Glencore's chrome smelter in Lydenburg
China, South Africa still driving chrome supply globally
9th August 2024 By: Marleny Arnoldi

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 


Graph showding projected downward path of platinum.
Minerals Council VP spells out platinum production decline expectation to Shanghai
2nd August 2024 By: Martin Creamer

Under current market conditions, many platinum mines will close prematurely due to a lack of financial resources – and even without financial constraint, closure of depleting mines will result in... 


COMRO’s Legacy author Brian Protheroe (right) interviewed by Mining Weekly's Martin Creamer.
Mining’s dormant gold analyser seen as potential gold optimiser with help of today’s tech
2nd August 2024 By: Martin Creamer

For 30 years, 800 people at the now defunct Chamber of Mines Research Organisation (COMRO) devoted intense ongoing effort to research and development to advance mining in general and gold mining in... 


Petra Diamonds CEO Richard Duffy
Petra focusing on refinancing $250-million loan notes
2nd August 2024 By: Martin Creamer

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 


Mineral and Petroleum Resources Minister Gwede Mantashe
June 2025 targeted for new cadastre migration
2nd August 2024 By: Chanel de Bruyn

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources... 


Errol Smart and Paul Miller.
South Africa’s mineral endowment, public market edges must be put to work, Utshalo insists
26th July 2024 By: Martin Creamer

With South Africa's mineral endowment and its public capital markets being two of its greatest advantages, both need to be put to work in a manner that is common in other global mining... 


Orion Minerals MD Errol Smart
Orion reports robust assay results from Okiep project’s Flat Mines area
26th July 2024 By: Darren Parker

ASX- and JSE-listed Orion Minerals has reported robust assay results from the confirmation diamond drilling programme in the Flat Mines area at its Okiep Copper Project (OCP) in the Northern Cape.... 


World Platinum Investment Council CEO Trevor Raymond.
Platinum’s appeal soaring on gold price gap, critical mineral status and industrial demand
26th July 2024 By: Martin Creamer

Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment... 


Kamoa-Kakula
Kamoa-Kakula maintains 2024 copper production guidance of up to 490 000 t
26th July 2024 By: Darren Parker

TSX- and OTCQX-listed Ivanhoe Mines has reported that its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) produced 100 812 t of copper in concentrate during the second quarter... 


Platinum Group Metals CEO Frank Hallam.
Platinum mine developer working with govt on export of concentrate to Saudi Arabia
26th July 2024 By: Martin Creamer

Toronto- and New York-listed Platinum Group Metals, the near-term objectives of which are to advance the Waterberg project in Limpopo to a development and construction decision, is working with the... 


Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen
19th July 2024 By: Martin Creamer

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 


Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
19th July 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 


African Rainbow Minerals Executive Growth Jacques van der Bijl.
High hopes for potentially game-changing technology at platinum group metal mines
19th July 2024 By: Martin Creamer

Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put... 


Drilling at the Kipushi mine
Century-old Kipushi mine returns to production following 31-year pause
19th July 2024 By: Darren Parker

Dual-listed Ivanhoe Mines has announced the completion of construction and the restart of the Kipushi zinc/copper/lead/germanium mine, in the Democratic Republic of Congo (DRC), 100 years after it... 


Barrick Gold President and CE Dr Mark Bristow, who says Kibali was built on partnerships with its stakeholders.
Renewables component of DRC gold mine’s energy mix to hit 85% next year
19th July 2024 By: Martin Creamer

The reputation of the large Kibali gold mine, run by Barrick Gold in the Democratic Republic of Congo (DRC), is being significantly enhanced by its far-reaching contribution to the development and... 


Anglo Executive Market Development Head Benny Oeyen
Anglo spearheading exciting new clean hydrogen mobility initiative across Europe
12th July 2024 By: Martin Creamer

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
12th July 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Africa’s rich critical mineral potential underscored
12th July 2024 By: Tasneem Bulbulia

During the first day of the London Indaba, on June 25, held under the theme “Investing in Resources and Mining in Africa”, panel discussions unpacked what the continent’s mining jurisdictions could... 


Errol Smart
South Africa now a compelling world investment story, upbeat Orion highlights
5th July 2024 By: Martin Creamer

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the... 


Richards Bay Minerals GM for Growth Strategy Bradley Reddy.
Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation
5th July 2024 By: Martin Creamer

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 


Central banks to increase gold holdings in next 12 months, says World Gold Council
Central banks to increase gold holdings in next 12 months, says World Gold Council
5th July 2024 By: Schalk Burger

More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months.... 


Thungela Resources active in Mpumalanga.
Thungela planning R3.9bn capex in South Africa
5th July 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Cluff Africa inks deal to acquire Zimbabwe lithium permits
5th July 2024 By: Schalk Burger

UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This... 


New wagons being built for use on the Lobito railway corridor
SA manufacturer clinches deal to supply 275 container wagons to Lobito railway project
5th July 2024 By: Darren Parker

Joint venture (JV) company Lobito Atlantic Railway (LAR), which is the concession holder for the operation, management and maintenance of the Lobito Corridor spanning Zambia, Angola and the... 


Artisanal gold miners
Four central banks sign London Principles to formalise artisanal small-scale gold mining sector
28th June 2024 By: Darren Parker

The World Gold Council (WGC) has announced that four central banks have committed to signing ‘The London Principles’, which is a set of operating principles to help structure and formalise central... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets a welcome development – Miller
28th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
28th June 2024 By: Martin Creamer

A 15-year agreement involving the supply of an initial 70 000 t of green hydrogen a year has been signed by TotalEnergies and Air Products. TotalEnergies, which is active in some 120 countries and... 


Mining activity at Copper 360.
Copper 360 on home straight to produce quite a bit of cash, CEO reports
28th June 2024 By: Martin Creamer

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom... 


Petra Diamonds CEO Richard Duffy
Diamond transparency from mine to finger is on way from Petra
21st June 2024 By: Martin Creamer

Traceability is becoming an increasingly important part of the natural diamond industry, specifically in terms of being able to verify provenance or origin. G7 sanctions being applied also make... 


PGM-linked hydrogen peroxide generator.
Platinum group metal poised to help protect world from growing water pollution threat
21st June 2024 By: Martin Creamer

Platinum group metal (PGM) is once again coming to the fore as a mineral resource that goes the extra mile in protecting a threatened global environment. The latest indispensable commodity that is... 


Need for quick exploration activity.
First call applications for R400m junior mining exploration fund close on July 12
21st June 2024 By: Martin Creamer

The first call applications for the R400-million junior mining exploration fund (JMEF) close on July 12. This was stated on Tuesday in a media release issued by the Department of Mineral Resources... 


Surge Copper kick-starts Berg PFS
21st June 2024 By: Mariaan Webb

TSX-V-listed Surge Copper has initiated its prefeasibility study (PFS) work on its Berg property, in British Columbia, having completed a C$5-million funding package. The biggest component of the... 


Tucano mine, in Brazil
ICMM suggests tax reforms to drive greater investment to meet demand for metals and minerals
21st June 2024 By: Marleny Arnoldi

Mining organisation ICMM says its members paid corporate income tax (CIT) and royalties of $54.2-billion last year, employed 561 800 people and paid $39-billion in wages. About $187-billion was... 


Rosond inks JV with Saudi Arabia’s Bin Harkil
21st June 2024 By: Natasha Odendaal

South African exploration and drilling solutions provider Rosond and Bin Harkil Saudi Arabia have established a new joint venture (JV) company, Rosond Arabia, poised to become a leader in the... 


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