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Mining Weekly News

Battery-metal price plunge closing mines, stalling deals
Battery-metal price plunge closing mines, stalling deals
26th January 2024 By: Bloomberg

A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to... 


JSE business development manager Patrycja Kula-Verster
JSE presents chance for critical mineral miners to access capital
26th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
26th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


Expansion on track at Zambia project, First Quantum says
26th January 2024 By: Tasneem Bulbulia

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 


Mined cobalt
BMI predicts more stable metal prices, critical mineral deals in 2024
26th January 2024 By: Marleny Arnoldi

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 


Vedanta Base Metals setting up for sustainable positive disruption across nations
Vedanta Base Metals setting up for sustainable positive disruption across nations
26th January 2024

The innovative and forward-looking Indian multinational group, Vedanta Limited, continuously strives to unlock value and create positive disruption in its journey to Transform For Good through... 


Condra supplies electric hoists, overhead cranes and chain blocks to Platreef mine
26th January 2024 By: Natasha Odendaal

Cranes manufacturer Condra Cranes has delivered electric hoists, two overhead cranes and a number of chain blocks to Canada-based Ivanhoe Mines’ South African subsidiary Ivanplat’s Platreef... 


Jupiter Mines chairperson Ian Murray
South Africa more advanced than global peers on community engagement, manganese AGM hears
19th January 2024 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


Rainbow Rare Earths Phalaborwa mine.
SA’s permanent magnet rare earths attracting keen interest
19th January 2024 By: Martin Creamer

South Africa is recognised as having the potential to play a significant role in the establishment of a more diversified supply chain of critical rare earths for the green energy transition.... 


Simandou stands out as the world’s biggest untapped high-grade iron-ore deposit, and if approved, promises to be the most extensive greenfield integrated mine and infrastructure investment across the African continent.
Rio says Simandou ‘cornerstone’ of its investment strategy as it earmarks $10bn/y capex from 2024 to 2026
19th January 2024 By: Mariaan Webb

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 


An image showing Exxaro and the Council for Geoscience signing a Memorandum of Understanding
Exxaro, Council for Geoscience sign MoU to drive sustainability, decarbonisation
19th January 2024 By: Tasneem Bulbulia

Diversified miner Exxaro Resources and South African national science council the Council for Geoscience (CGS) have entered into a memorandum of understanding (MoU) to drive sustainability and... 


China's economic growth is forecast to slow to 4.7% in 2024, compared with 5.2% this year.
Minerals and metals prices poised for ‘only a slight improvement’ in 2024 – BMI
19th January 2024 By: Marleny Arnoldi

Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth... 


Sylvania marks important milestones on ESG journey
19th January 2024 By: Natasha Odendaal

Platinum group metals producer and developer Sylvania Platinum (Sylvania) has been advancing its various environmental, social and governance (ESG) initiatives since the publication of its... 


Hive Hydrogen project will demonstrate how just energy transition is possible, says Gcabashe
19th January 2024 By: Martin Creamer

Through its green ammonia export project in the Eastern Cape, the leadership of Hive Hydrogen South Africa intends to show how a just energy transition is possible, Hive Hydrogen chairperson... 


Copper 360 CEO Jan Nelson.
Copper 360 takes major leap forward with acquisition of production-doubling plant
15th December 2023 By: Martin Creamer

Northern Cape mining company Copper 360, which listed on the Alternative Exchange of the Johannesburg Stock Exchange this year, took yet another leap forward on Wednesday with the announcement that... 


Giyani secures $16m for Botswana manganese project
Giyani secures $16m for Botswana manganese project
15th December 2023 By: Mariaan Webb

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana. The... 


DRDGOLD's tailings retreatment under way at Ergo.
DRDGOLD mulling recovery of battery metals, PGMs
15th December 2023 By: Martin Creamer

The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of... 


Many are coming to understand green hydrogen as the champagne of the energy transition.
Green knowledge-exchange tender out to boost hydrogen acceleration in South Africa
8th December 2023 By: Martin Creamer

The implementation of study tours aimed at boosting the acceleration of green hydrogen development in South Africa forms the core of a tender which closes on December 8. Mining Weekly can report... 


WPIC research director Edward Sterck.
Industrial demand for platinum rises to record levels
8th December 2023 By: Martin Creamer

During 2023, platinum has benefited from stellar industrial demand reaching a record level, with 2024 heading for the third-highest industrial demand spot. Today's publication of the platinum... 


Access to talent is becoming an increasing challenge in Australia.
Australia’s potential share of critical minerals investments worth A$20bn/y, report shows
8th December 2023 By: Mariaan Webb

To meet the temperature targets of the Paris Agreement necessitates not only the rapid and widespread deployment of clean energy technologies, but also a monumental scaling up of mineral... 


Mine dumps in South Africa
Mine closure lacks adequate social integration – research
8th December 2023 By: Darren Parker

New research on mine closures in South Africa has shown that there remains a lack of integration of social development, which continues to pose a risk to long-term regional development beyond... 


Interim Gold Fields CEO Martin Preece.
Between 50 MW and 80 MW of wind power on the way at South Deep – Gold Fields
8th December 2023 By: Martin Creamer

The South Deep gold mine west of Johannesburg, which is already benefitting from 50 MW of solar power commissioned last year, is poised to be boosted by another 50 MW to 80 MW of wind power going... 


Second Condra crane to be installed at Saiccor Mill’s Feed Three dryer line
8th December 2023 By: Natasha Odendaal

Crane manufacturer Condra Cranes has completed the manufacture of a service and maintenance crane for Saiccor Mill’s Feed Three pulp dryer line at Umkomaas, in KwaZulu-Natal. The double-girder... 


The sodturning ceremony at the Lephalale solar plant
Exxaro, Cennergi unveil solar project
1st December 2023 By: Tasneem Bulbulia

Diversified mining and renewable energy solutions company Exxaro Resources and its wholly-owned subsidiary Cennergi on November 16 unveiled the Lephalale solar project (LSP), with the sodturning... 


With the new ruthenium-iridium material class an activity boost is achieved combined with stability.
Iridium-thrifting breakthrough seen as boost for nascent green hydrogen industry
1st December 2023 By: Martin Creamer

Green hydrogen generation received a major boost on Tuesday with the introduction of a far-reaching iridium-thrifting breakthrough by Germany’s Heraeus Precious Metals in collaboration with South... 


From left ECEC deputy marketing director  Xia Lungang, Nyanza CEO Donovan Chimhandamba, ECEC chairperson Li Lixin, Nyanza chairperson William Mathamela.
South Africa’s ilmenite poised to move up value curve following China signing
1st December 2023 By: Martin Creamer

South African ilmenite used to manufacture titanium dioxide pigment in KwaZulu-Natal has received a major value boost with the signing of an engineering, procurement and construction (EPC) contract... 


Miners aiming for more than mere adherence to regulations as pressure  to improve ESG practices mounts
Miners aiming for more than mere adherence to regulations as pressure to improve ESG practices mounts
1st December 2023 By: Marleny Arnoldi

There is increasing pressure from stakeholders in all sectors for companies to improve their environmental, social and governance (ESG) practices, but the mining industry, in particular, has to... 


Anglo American subsidiary Kumba Iron Ore's Kolomela operation
Anglo launches digital provenance solution
1st December 2023 By: Marleny Arnoldi

Diversified miner Anglo American has launched a digital traceability solution called Valutrax, which is designed to provide customers with greater assurance about the provenance of the products... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye dives deeper into circular economy with $155-million deal
24th November 2023 By: Mariaan Webb

Multinational mining and metals processing group Sibanye-Stillwater on Thursday announced the acquisition of the Reldan Group of Companies, a US-based metals recycler. The acquisition, valued at... 


Copper on element table
Copper focus paramount in shift towards clean energy – Tertiary
24th November 2023 By: Darren Parker

Copper miner Tertiary Minerals has reiterated its dogged focus on copper, which it believes is the most important metal in the clean energy transition, being essential in electric vehicles, wind... 


Mine-impacted water
Mintek introduces new water filtering membrane technology
24th November 2023 By: Darren Parker

National mineral research organisation Mintek has introduced its NICMeR membrane, developed in collaboration with the Department of Science and Innovation’s Nanotechnology Innovation Centre (NIC),... 


Harmony's Great Noligwa gold mine.
Solar power generation poised to save Harmony Gold R3.6bn
24th November 2023 By: Martin Creamer

Gold-mining company Harmony estimates that it will achieve total cumulative net present value savings of R3.6-billion from its three solar power projects, one of them already generating 30 MW of... 


Bill Gates-backed mining startup wants to expand into DRC
24th November 2023 By: Bloomberg

KoBold Metals, a mining start-up backed by Bill Gates that’s developing a copper project in Zambia, is getting closer to investing in the neighboring Democratic Republic of Congo. That’s according... 


TechMet chairperson and CEO Brian Menell
South Africa’s Phalaborwa rare earths project hailed as enviro friendly and low cost
24th November 2023 By: Martin Creamer

An extensive due diligence process has confirmed the potential of South Africa’s Phalaborwa project as one of the lowest cost producers of separated rare earth oxides in development, London Stock... 


Neal Froneman: Sibanye has identified copper as an essential metal necessary to enable the clean energy transition.
Sibanye exercises option on Australian copper mine
17th November 2023 By: Mariaan Webb

Mining and metals group Sibanye-Stillwater has acted upon its option to acquire the idled Mt Lyell copper mine, in Tasmania, just before it was set to expire on November 5. This option, which... 


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