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Mining Weekly News

AngloGold completes move of main listing to NYSE, headquarters to UK
29th September 2023 By: Marleny Arnoldi

JSE-listed AngloGold Ashanti has announced that all of the reorganisation conditions that were outstanding have now been fulfilled or waived, where permitted. A review of the organisation in 2020... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
Nothing less than beneficial outcome needed from Transnet partnership – Motsepe
22nd September 2023 By: Martin Creamer

The partnership of South Africa’s mining industry and State-owned rail enterprise Transnet must translate into “results, results, results”, African Rainbow Minerals executive chairperson Dr Patrice... 


Australia committed to African partnerships
22nd September 2023 By: Esmarie Iannucci

Australia remained committed to building a relationship with Africa, despite the recent abrupt decision by Austrade to close its office in South Africa in lieu of a desk in Nairobi. Speaking on... 


World Platinum Investment Council Director of Research Edward Sterck.
Record platinum deficit, above-ground platinum stocks decimation on the way
22nd September 2023 By: Martin Creamer

The biggest takeaway from the Platinum Quarterly report and updated full-year forecast of the World Platinum Investment Council (WPIC) is the predicted record platinum deficit of more than a... 


Merafe, Glencore add another PGM plant to JV operations
22nd September 2023 By: Marleny Arnoldi

JSE-listed chrome miner Merafe Resources says it will further improve and expand the Eastern Platinum Group Metal (PGM) Plant it owns in joint venture (JV) with Glencore South Africa. The companies... 


Global lead mine output reaches pre-Covid-19 levels, but slow growth expected
22nd September 2023 By: Darren Parker

Global lead mine output successfully rebounded to the pre-Covid-19 peak of 2019 in 2022, according to recent data published by research firm BMI, a Fitch Solutions company. The report, titled... 


Menar MD Vuslat Bayoglu.
South Africa must make Transnet work, or economy will grind to a halt – Menar
22nd September 2023 By: Martin Creamer

South Africa has no option but Transnet, and the country must make the State logistics enterprise work or the entire economy will grind to a halt, Menar MD Vuslat Bayoglu highlighted in an... 


Graphite developer mulling further investments in Tanzania
22nd September 2023 By: Esmarie Iannucci

Graphite developer EcoGraf is weighing further investment in Tanzania, where the company is progressing its Epanko project. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa... 


Vedanta Resources chairperson Anil Agarwal
Vedanta committed to completing $1bn injection into SA but lack of infrastructure, energy security causing delays
15th September 2023 By: Darren Parker

Globally diversified Indian-headquartered mining company Vedanta Resources chairperson Anil Agarwal has told Mining Weekly that the company aims to complete its commitment to invest $1-billion in... 


Northam CEO Paul Dunne.
Depressed PGMs bucket price puts 70% of South African production base at a loss – Northam
15th September 2023 By: Martin Creamer

The current platinum group metals (PGMs) basket price puts 70% of the South African production base at a loss when taking into account replacement capital requirements on top of the working costs.... 


Thungela CEO July Ndlovu.
First-rate rail model needed to put South Africa on competitive path, says Thungela
15th September 2023 By: Martin Creamer

Once short-term and medium-term rail restoration has been achieved, a best-of-breed approach should be adopted to put South Africa on a competitive logistics path, says thermal coal exporter... 


DRDGold, headed by CEO Niël Pretorius.
It’s responsible to invest in South Africa, says DRDGold as it approves R3.5bn capex
8th September 2023 By: Martin Creamer

The decision of DRDGold to expend capital of R3.5-billion this financial year is based on the cash-flush Johannesburg- and New York-listed gold-from-dumps mining company firmly concluding that it... 


Image of Malan Scholes Attorneys director Lia Bolz
Lack of ‘active enforcement’ of the law to tackle illegal mining decried
8th September 2023 By: Cameron Mackay

The intervention of the government and the South African Police Service (Saps) is crucial for enforcing the implementation of the Mineral and Petroleum Resources Development Act (MPRDA),... 


Jubilee's Sable Zinc operations in Zambia
Jubilee on track to expand copper, chrome and PGM processing further
8th September 2023 By: Marleny Arnoldi

Johannesburg- and London-listed Jubilee Metals says it has traded 24 500 t of newly produced chrome product from the expanded Inyoni chrome and platinum group metal (PGM) operations, in the... 


A Thungela coal mine.
Coal miner opening nursery to support million trees, hatchery to restore killed fish
8th September 2023 By: Martin Creamer

Thermal coal mining company Thungela will next month open a nursery to support the planting of a million trees and has already commissioned a hatchery to breed fish for reintroduction into the... 


South32 CEO Graham Kerr.
Pathways being laid to secure lower-emissions electricity supply for Hillside Aluminium
8th September 2023 By: Martin Creamer

During the 12 months to June 30, diversified mining company South32 has progressed initiatives to support its target of halving operational greenhouse gas emissions by 2035. At Worsley Alumina in... 


Exxaro Resources CEO Dr Nombasa Tsengwa.
Coal mining company Exxaro underlines urgent need for decarbonisation
1st September 2023 By: Martin Creamer

Decarbonisation of coal mining company Exxaro’s operations and entire value chain is an urgent imperative to reduce carbon dioxide emissions, which will result in the additional benefits of... 


TechMet founder and CEO Brian Menell
$200m equity raise for critical minerals operations closes
1st September 2023 By: Mariaan Webb

TechMet, a critical minerals investment company founded by Brian Menell, has closed its latest $200-million equity fundraising round, putting the firm on track to exceed a billion-dollar valuation... 


A map showing the location of the Lobito corridor
Ivanhoe’s Kamoa Copper subsidiary signs MoU to start copper exports through Lobito corridor
1st September 2023 By: Creamer Media Reporter

TSX-listed Ivanhoe Mines' Kamoa Copper subsidiary has signed a memorandum of understanding (MoU) with Lobito Atlantic International for the transportation of copper concentrate produced at the... 


Vision Blue injects $40m into Papua New Guinea lime project as it diversifies its portfolio
Vision Blue injects $40m into Papua New Guinea lime project as it diversifies its portfolio
1st September 2023 By: Mariaan Webb

Clean energy investment group Vision Blue Resources (VBR) is diversifying with a $40-million investment in Mayur Resources’ Central Lime project, in Papua New Guinea (PNG). The companies entered... 


Vedanta Zinc International’s Northern Cape operation.
Green zinc on the way at Black Mountain Mining
1st September 2023 By: Martin Creamer

South African mining company Vedanta Zinc International has begun the first phase of a renewable energy programme. The company has signed a power purchase agreement with independent power producer... 


Piedmont commits more funding to Ghana spodumene project
1st September 2023 By: Esmarie Iannucci

Lithium developer Piedmont Lithium has thrown its support behind AIM-and ASX-listed Atlantic Lithium’s development of its Ewoyaa project, in Ghana. Atlantic on Thursday reported that Piedmont had... 


Harmony Gold CEO Peter Steenkamp.
Solar PV plants to deliver 70 GWh/y to Harmony’s Free State operations
1st September 2023 By: Martin Creamer

The green electrons that have begun to flow into the Free State mine shafts of Harmony Gold will reduce carbon dioxide emissions by 65 000 t in the first 12 months of operation, Mining Weekly can... 


Drought conditions affecting water resources
Mining companies urged to implement water management strategies as scarcity is forecast to intensify
1st September 2023 By: Schalk Burger

The water-mining interdependence, or nexus, poses several operational challenges to mining companies, including physical, reputational and regulatory-related risks and, as water-related risks... 


Hillside Alluminium at Richards Bay.
Hydrogen’s use in alumina applications being assessed – South32
25th August 2023 By: Martin Creamer

The use of hydrogen in difficult-to-electrify applications is being assessed at Worsley Alumina, the integrated bauxite mining and alumina refining operation in Western Australia, which supplies... 


Glencore Alloys head Japie Fullard.
Solar energy plant on the way at vanadium operation, Glencore’s Fullard reports
25th August 2023 By: Martin Creamer

The decarbonisation and solar power plans of Glencore Alloys are coming to the fore with the first 25 MW solar plant on the way, Glencore Alloys head Japie Fullard told Mining Weekly at question... 


An image showing a plaque commemorating the handover of Anglo's building to the Institute
Anglo donates CBD building to pioneering institute focused on bolstering education in the inner city
25th August 2023 By: Tasneem Bulbulia

Diversified miner Anglo American on August 4 announced the handover of its 45 Main street building, in the Johannesburg central business district (CBD), to nonprofit private education institution... 


Image shows Paladin CEO Ian Purdy
Namibia uranium mine restart slated for 2025
25th August 2023 By: Esmarie Iannucci

Mining operations at the Langer Heinrich mine, in Namibia, is expected to restart by June 2025, Paladin Energy CEO Ian Purdy said. Speaking to Mining Weekly Online on the sidelines of the Diggers... 


These beneficiation plants will be similar to those at the Mooinooi Sylvania Dump operations in terms of circuit configuration and technology
Sylvania subsidiary signs chrome, PGMs ore treatment JV agreement with design engineering firm
25th August 2023 By: Cameron Mackay

Platinum group metals (PGMs) producer Sylvania Platinum’s wholly owned South African subsidiary Sylvania Metals has entered into an unincorporated joint venture (JV) agreement with design engineer... 


Mogale Tailings Retreatment project operations manager Oriel Shikwambana.
Most of 500 employees for constructing gold-from-dumps project will be from nearby community
18th August 2023 By: Martin Creamer

Employees for the construction of the Mogale Tailings Retreatment project on Gauteng’s West Rand will be largely locally sourced. “We aim to employ approximately 500 employees during construction... 


Pan African Resources chairperson Keith Spencer.
Funding closes for gold project with potential to be shining modern mining exemplar
18th August 2023 By: Martin Creamer

Funding has closed for the gold-from-dumps mining project west of Johannesburg, which has the potential to make the surrounding towns thrive once again, and be a shining example of what modern... 


Rio commits $150m to future materials centre
18th August 2023 By: Esmarie Iannucci

Resources major Rio Tinto has committed $150-million to create a Centre for Future Materials to find innovative ways to provide the materials the world needs for the energy transition. 


Gold coins
Gold investment demand to remain firm for rest of current financial year, WGC report shows
18th August 2023 By: Darren Parker

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 


Outgoing Anglo American Platinum CEO Natascha Viljoen.
Opencast production expected at Anglo Platinum’s Middelaagte mine by year-end
11th August 2023 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) is finalising the permitting process for the future opencast Middelaagte mine, one of three areas of the... 


Department of Mineral Resources Regional Manager Siyabonga Vezi (left) and Pan African Resources CEO Cobus Loots at the official sod-turning ceremony for the construction of the R2.5-billion Mogale Tailings Retreatment project.
Mogale gold-from-dumps project takes off on West Rand
11th August 2023 By: Martin Creamer

The official sod-turning ceremony for the Mogale Tailings Retreatment project on Gauteng's West Rand took place on Tuesday, July 25. The R2.5-billion project, near Krugersdorp and Kagiso, received... 


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