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Mining Weekly News

Implats Group Executive:Refining & Marketing Sifiso Sibiya.
Developing hydrogen economy key to future platinum group metals demand – Implats
13th September 2024 By: Martin Creamer

The development of the hydrogen economy and the latent potential offtake for platinum group metals (PGMs) is a key underpin to the long-term view of future demand and the role PGMs will play in a... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting for mining set to move needle for Master Drilling
13th September 2024 By: Martin Creamer

In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy... 


Iron-ore produced by Kumba being transported by rail
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
13th September 2024 By: Darren Parker

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated... 


US State Department official sees bipartisan support for Africa critical mineral projects
13th September 2024 By: Bloomberg

A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue even after... 


Jubilee CEO Leon Coetzer
Jubilee enters into renewable energy PPA in Zambia
13th September 2024 By: Sabrina Jardim

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 


With EVs being three times as copper-intensive as internal combustion engine vehicles, BHP expects the transport sector to account for over 20% of global copper demand by 2040.
BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler
13th September 2024 By: Mariaan Webb

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 


Tharisa’s proprietary chrome alloy process
13th September 2024 By: Tasneem Bulbulia

London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,... 


DRDGOLD CEO Niël Pretorius.
Big win for DRDGOLD is 60 MW solar farm as it repositions for future
6th September 2024 By: Martin Creamer

The big win for surface gold recovery company DRDGOLD is the 60 MW solar farm built at Ergo in the 12 months to June 30. “I call it a R3-billion prepaid electricity facility that will take care of... 


Menar MD Vuslat Bayoglu.
Menar envisages reviving Metalloys smelter, selling beneficiated manganese to the world
6th September 2024 By: Martin Creamer

Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting  beneficiated manganese to the world. “It’s an exciting... 


Sibanye CEO Neal Froneman
Sibanye secures €500m green loan to develop its Keliber lithium project
6th September 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The... 


Cape Town Archbishop and Renewal Programme Patron Thabo Makgoba.
Mining companies need mechanisms to solve conflicts, Marikana memorial hears
6th September 2024 By: Martin Creamer

Mining companies need mechanisms to solve conflicts by reaching consensus with stakeholders on dealing with grievances and disputes, former Minerals Council South Africa VP and current Transnet... 


Smaller cranes shine at Platreef installation
6th September 2024

While high-capacity overhead cranes are of an impressive size and technical complexity, their smaller and simpler cousins – the workhorses of the factory and general engineering workshop – should... 


Gold Fields CEO Mike Fraser
Gold Fields to buy Canada’s Osisko for C$2.16bn
30th August 2024 By: Mariaan Webb

South Africa-headquartered Gold Fields on Monday announced that it would buy Canadian firm Osisko Mining for C$2.16-billion in an all-cash cash deal that would give it full control of the Windfall... 


Barrick CEO Mark Bristow
Africa delivers ‘usual reliable performance’ with steady output, lower costs – Barrick
30th August 2024 By: Martin Creamer

The Africa region delivered its “usual reliable performance” with steady production and well contained costs, Barrick CEO Dr Mark Bristow reported this week when it maintained its quarterly... 


The Metso HIGmill
Metso clinches €20m grinding mill order
30th August 2024 By: Sabrina Jardim

Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about... 


Eyes, ears still the most vulnerable to  occupational harm, expert says
Eyes, ears still the most vulnerable to occupational harm, expert says
30th August 2024 By: Darren Parker

Eyes and ears remain the most frequently injured body parts of workers claiming compensation for occupational injuries and diseases in the South African mining and industrial sectors, insurance... 


Exxaro CEO Dr Nombasa Tsengwa.
Exxaro expecting interest rates to begin to lower during the remainder of this year
30th August 2024 By: Martin Creamer

Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start... 


A map indicating the location of the Beisa North and South projects
Neo Energy Metals to acquire two uranium, gold projects in South Africa’s Witwatersrand basin
30th August 2024 By: Chanel de Bruyn

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 


An image of Orion Minerals MD Errol Smart
Orion secures priority rights for SA project
30th August 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has been granted two high-priority prospecting rights over the greater Flat Mines Area surrounding the Flat Mines mining right, in the Northern Cape. This marks... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
30th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


An image of Minerals Council CEO Mzila Mthenjane
Challenging environment hits mining but jobs unaffected
23rd August 2024 By: Tasneem Bulbulia

South Africa’s mining industry underperformed in several areas last year owing to considerable challenges; however, employment defied the poor operating environment and grew, industry organisation... 


Copper 360’s debut load of ore exits one of the shafts at Rietberg mine. This was the first time in 41 years that mining activity in the Northern Cape’s copper district recommenced.
Reopened Rietberg copper mine on way to becoming Copper 360’s cash cow
23rd August 2024 By: Martin Creamer

The revived Rietberg copper mine is on its way to becoming the cash cow of Copper 360, the Johannesburg Stock Exchange AltX company, which last week produced the first copper ore in the O’Kiep... 


Glencore chairperson Kalidas Madhavpeddi.
Glencore to continue to oversee responsible decline of thermal coal operations
23rd August 2024 By: Martin Creamer

Diversified mining and marketing company Glencore is to continue to oversee the responsible decline of its thermal coal operations over time, the board has decided. While the decision has been... 


AngloGold CEO Alberto Calderon.
AngloGold interim dividend up 450%, half-year free cash flow lifts to $206m
23rd August 2024 By: Martin Creamer

Gold mining company AngloGold Ashanti on Tuesday reported a soaring interim dividend improvement on strong free cash flow uplifted by the elevated gold price, operational improvement and cost... 


Gold recovered from e-waste
UK’s Royal Mint produces recycled gold from new e-waste factory
23rd August 2024 By: Marleny Arnoldi

The UK Royal Mint has unveiled a new factory that processes e-waste to produce gold, which it is marketing as a more sustainable gold recovery method.  The company aims to process up to 4 000 t/y... 


The Greenbushes lithium mine is the cornerstone of IGO's growth.
Lithium to remain crucial amid market uncertainties
23rd August 2024 By: Mariaan Webb

Lithium will continue to play a key role in the future of battery technology and in the broader energy transition, despite significant market uncertainties, according to Australian miner IGO MD... 


Sylvania's Doornbos plant.
Initial output from Sylvania Platinum’s new tailings project on track for first half of 2025
16th August 2024 By: Martin Creamer

First production from the developing Thaba Joint Venture (JV) chrome and platinum group metals (PGMs) recovery project on the northern part of the western limb of South Africa’s well-endowed... 


Mogale Tailings Retreatment Project, near Krugersdorp, on Gauteng’s West Rand.
Pan African’s below-$900/oz tailings advance beating budget, conquering clock
16th August 2024 By: Martin Creamer

The latest gold tailings retreatment project of Pan African Resources is ahead of schedule and below budget. The Mogale Tailings Retreatment (MTR) Project, located to the west of Johannesburg, near... 


176 ct Lulo diamond
Lucapa recovers 176 ct diamond from Lulo
16th August 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the... 


The Filo del Sol project on the border of Argentina and Chile
BHP expands copper portfolio with strategic South American acquisition, joint venture
16th August 2024 By: Mariaan Webb

Diversified miner BHP on Tuesday announced a strategic move to expand its copper portfolio by jointly acquiring, with Lundin Mining, an advanced-stage copper exploration project in South America.... 


Ferrochrome smelting.
Merafe’s ferrochrome production 17% down
16th August 2024 By: Martin Creamer

Ferrochrome production attributable to the Johannesburg Stock Exchange-listed Merafe Resources from the Glencore Merafe Chrome Venture for the six months to June 30 was a 17%-lower 154 000 t... 


coal on train
TFR reports modest improvement but admits much work still to be done
9th August 2024 By: Darren Parker

Although there has been a “slight” improvement year-on-year in terms of State-owned Transnet Freight Rail’s (TFR’s) North Corridor performance, the beleaguered rail operator is “not out of the... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
9th August 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


EY partner Thabi Malatji (right) facilitating discussion with Seriti Resources CEO Mike Teke (centre) and Seriti Green CEO Peter Venn (left) at Coal & Energy Transition Day.
Seriti’s wind move may be further energy transitioned by solar, Coal & Energy Day hears
9th August 2024 By: Martin Creamer

Black-owned coal mining company Seriti Resources' advance into wind energy through Seriti Green may be further advanced by an entry into solar power, Tuesday’s Coal & Energy Transition Day 2024 was... 


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... 


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