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Mining Weekly News

Hermosa operation in Arizona.
Manganese battery opportunity highlighted by US grant to South32’s Hermosa project
11th October 2024 By: Martin Creamer

The use of manganese in batteries for battery electric vehicles is being increasingly explored, with density, charge, costs and durability being among the factors that are putting the hard grey... 


Mike Schmidt, ARM Executive Growth and Strategic Development in the Executive Chairperson’s office.
African Rainbow Minerals crowns grade as king, declares war on reef waste on PGMs front
11th October 2024 By: Martin Creamer

Two acronyms were drummed into new mining entrants in the days of yore – GIK and WAR. GIK is short for ‘grade is king’ and at the opposite end of the scale, everyone was urged to declare war on... 


Gold miners say they’re now disciplined  as dealmaking heats up
Gold miners say they’re now disciplined as dealmaking heats up
4th October 2024 By: Bloomberg

With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that they’ve learned from past mistakes of overspending. There has been a flurry... 


Platinum Group President and CEO Frank Hallam.
Stronger-than-ever feasibility thumbs up for R18bn platinum group metals project in Limpopo
4th October 2024 By: Martin Creamer

The latest independent definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in Limpopo is even more emphatic on the economic viability and wealth creation... 


Dr Philipp Walter, Executive VP Business Line Hydrogen Systems, Global Business Unit Heraeus Precious Metals.
Platinum group metals can play essential decarbonisation role beyond hydrogen – Heraeus
4th October 2024 By: Martin Creamer

Platinum group metal (PGM) catalysis can play an essential decarbonising role beyond hydrogen generation, where its use in proton exchange membrane (PEM) technology for water electrolysis and fuel... 


worker in PPE walking along coal stoockpile
1.25m coal jobs may vanish by 2035
4th October 2024 By: Darren Parker

Research firm McKinsey’s inaugural ‘Global Materials Perspective’ report shows that, while the green energy transition could generate 340 000 global jobs to scale critical minerals and metals... 


railway iine
Chrome shipments below Maputo corridor capacity
27th September 2024 By: Darren Parker

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 


Twelve mines shown by red dots; x marks exploration sites.
Cluster mining model promising steady-state advantage for Copper 360
27th September 2024 By: Martin Creamer

Conventional mining typically focuses on a single large operation. In contrast, what is unfolding on South Africa’s Northern Cape Copper Belt is the deployment of a cluster mining model, which... 


Development Bank of Southern Africa Chief Economist Zeph Nhleko.
Development finance institutions are key architects of hydrogen economy – Nhleko
27th September 2024 By: Martin Creamer

Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)... 


BME MD Ralf Hennecke
BME, Hypex Bio continue to drive environment-friendly explosives
20th September 2024 By: Marleny Arnoldi

With 20-million tonnes of bulk nitrate-based explosives being used every year in the mining industry, contributing significantly to greenhouse-gas (GHG) emissions, explosives and detonation... 


 Minerals Council South Africa CEO Mzila Mthenjane
SA mining sector’s contribution to GDP slid in 2023, partnership with govt to boost growth
20th September 2024 By: Sabrina Jardim

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter – CEO
20th September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Northam’s Eland mine.
Eland set for chrome success in coming years, says Northam Platinum
20th September 2024 By: Martin Creamer

Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of... 


Gold Fields CEO Mike Fraser.
Gold Fields’ big South Deep mine is being uplifted for quality-ounce longevity
13th September 2024 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields said on Friday that it is taking steps to set up its big South Deep gold mine on Gauteng’s West Rand for the long-term production of quality gold... 


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... 


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Magazine round up | 13 December 2024
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