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Mining Weekly News

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... 


COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
14th June 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 


An image of Ivanhoe founder and executive co-chairperson Robert Friedland
Ivanhoe completes Phase 3 concentrator construction at DRC copper complex
14th June 2024 By: Tasneem Bulbulia

TSX-listed Ivanhoe Mines announced that, on May 26, first ore was fed into the Phase 3 concentrator at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). First ore marks the... 


Valuable use of ruthenium being researched.
Ruthenium highlighted again in what could be another big boost for platinum group metals
14th June 2024 By: Martin Creamer

Ruthenium, one of the six platinum-group metals (PGMs), is once again being given major research attention in view of it being exceptionally suited to uplifting the efficiency and sustainability of... 


Hugo Pienaar.
Green hydrogen must be cheap enough to decarbonise optimally, Junior Indaba hears
14th June 2024 By: Martin Creamer

Green hydrogen must be made cheap enough to decarbonise optimally at a time when the delay in emission reduction needs to be reversed if the world is to hit net zero by 2050. A range of factors... 


vanadium crystals
Mokopane takeover sanctioned
14th June 2024 By: Marleny Arnoldi

The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I... 


Billions in African gold smuggled to UAE every year – SwissAid
14th June 2024 By: Bloomberg

Billions of dollars of gold is smuggled out of Africa every year, with the vast majority exported to the United Arab Emirates for processing, according to a report by SwissAid. Using data on... 


Lucapa chairperson Stuart Brown is a former De Beers CFO and interim CEO.
Angola a foremost diamond exploration target
14th June 2024 By: Mariaan Webb

Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on... 


Menar MD Vuslat Bayoğlu
Menar advancing on the manganese front
7th June 2024 By: Martin Creamer

Private investment company Menar, which is advancing steadily on the manganese front, has anthracite, coal, nickel, and gold in its diversified multi-country portfolio. The company's... 


From left, Kudakwashe Maramba, George Roach, Ntsiki Adonisi, Louis Nel, Jaco Prinsloo, Bernard Swanepoel.
Manganese value-add opportunity reiterated at Junior Indaba
7th June 2024 By: Martin Creamer

The huge opportunity that South Africa has to add value to its rich endowment of manganese through local processing was reiterated during the second day of Wednesday’s Junior Indaba. “Specific to... 


Malan Scholes director Hulmes Scholes
ESG just a new way of reporting on what mining companies have been doing for years – lawyer
7th June 2024 By: Darren Parker

When considering the challenges involved in junior mining companies living up to increasingly stringent environmental, social and governance (ESG) requirements and reporting standards, mining and... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe
South Africa’s R105bn green hydrogen project to be energised by hot De Aar sunshine
7th June 2024 By: Martin Creamer

South Africa’s R105-billion green hydrogen, green ammonia project in the Eastern Cape took another major leap forward on Tuesday with the announcement of its underpinning by a cluster of nine solar... 


A stack of gold bars
Zimbabwe to start gold-tracing system in bid to curb smuggling
7th June 2024 By: Bloomberg

Zimbabwe’s sole authorized buyer of gold will introduce a system that traces supply of the metal from mines to the market in a bid to stop smuggling. Fidelity Gold Refinery’s initiative will start... 


Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
31st May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
31st May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


lithium ore
Zimbabwe leading sub-Saharan African lithium mining boom
31st May 2024 By: Darren Parker

The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the... 


platinum ingots
PGMs to face continued supply constraints, low prices – report
31st May 2024 By: Darren Parker

Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be... 


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