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Mining Weekly News

Cummins targets doubling of its Africa revenue by 2030
8th November 2024 By: Bloomberg

Cummins aims to double its revenue from Africa by the end of the decade as the US engine and power generator maker capitalizes on demand to provide 300 million people on the continent with... 


Merafe CEO Zanele Matlala
Ferrochrome production edging back up marginally, Merafe’s latest report shows
1st November 2024 By: Martin Creamer

The report on Monday by Johannesburg Stock Exchange- and A2X-listed Merafe Resources shows ferrochrome production to be edging back up maginally. Ferrochrome is a key ingredient of stainless steel... 


ARM CEO Phillip Tobias
ARM board approves construction of chrome recovery plant at Bokoni platinum mine
1st November 2024 By: Martin Creamer

The construction of a chrome recovery plant at Bokoni platinum mine has been approved by the board of African Rainbow Minerals (ARM). ARM acquired Bokoni from Anglo American Platinum and Atlatsa... 


An image showing a still from the De Beers and Signet campaign
Signet, De Beers launch new natural diamond marketing campaign for young generation
1st November 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group and diamond jewellery retailer Signet Jewelers, have launched ‘Worth the Wait’, a new natural diamond campaign focused on the themes of modern love and evolving... 


The Bakubang mine shaft.
Audit disclaimer for Wesizwe Platinum
1st November 2024 By: Martin Creamer

Owing to the directors of the JSE-listed Wesizwe Platinum not being able to provide major shareholder agreements, its independent auditing company has expressed a disclaimer of review conclusion,... 


Nyanza Light Metals  CEO Donovan Chimhandamba.
$860m ilmenite beneficiation project enters bulk earthworks phase at Richards Bay IDZ
25th October 2024 By: Martin Creamer

The bulk earthworks phase of the Nyanza Light Metals plant to advance ilmenite up the value curve as titanium dioxide (TiO2) pigment has begun at the Richards Bay Industrial Development Zone... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
25th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Mogale Tailings Retreatment operations manager Oriel Shikwanbana
Contract route saves gold project R300m, local tech takes tanks out of critical path
25th October 2024 By: Martin Creamer

The contract route chosen to recover gold from the mine dumps of the West Rand’s Mogale City reduced the project cost by R300-million. In addition, the technical prowess of a Krugersdorp... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
25th October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


BHP chief commercial officer Rag Udd
$250bn investment needed to meet copper supply gap over next decade – BHP
18th October 2024 By: Mariaan Webb

Diversified commodities major BHP has warned that the world will need $250-billion in investment over the next decade to bridge the growing gap between copper supply and surging demand. As the... 


Manganese Metal Company Marketing Executive Madelein Todd.
Battery manganese project begins in Mpumalanga, orders placed for long-lead items
18th October 2024 By: Martin Creamer

Manganese Metal Company (MMC) of Mbombela is on its way to becoming a Western world beater in the supply of high-purity manganese sulphate monohydrate for battery electric vehicles (BEVs). MMC’s... 


 Pan African CEO Cobus Loots
Pan African’s masterstroke gold operation gets going under budget, ahead of schedule
18th October 2024 By: Martin Creamer

The biggest takeaway from the hugely profitable Mogale tailings retreatment (MTR) operation, which was commissioned west of Johannesburg by Pan African Resources on Thursday, is that one can make a... 


Vanadium Resources founder and chairperson Jurie Wessels.
Vanadium project’s China link may open way for far-reaching value addition
18th October 2024 By: Martin Creamer

The relationship that vanadium development company Vanadium Resources (VR8) is striking up with China Energy International Group could give the Steelpoortdrift project developer an answer to many... 


Barrick kicks off Lumwana’s journey  to top 25 global copper producers
Barrick kicks off Lumwana’s journey to top 25 global copper producers
18th October 2024 By: Mariaan Webb

Canada-headquartered Barrick Gold officially launched the development of a Super Pit at its Lumwana copper mine in Zambia on Wednesday, with President Hakainde Hichilema and members of his Cabinet... 


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,... 


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