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Mining Weekly News

Kibali gold plant in the Democratic Republic of Congo.
DRC’s green and automated Kibali gold operation highlighted as mining role model on the continent
16th February 2024 By: Martin Creamer

Kibali, the largest gold mine in Africa, is now also one of Africa's greenest and most impressively automated operations, which continues to stimulate local economic development and even provides... 


Generating 1 GW of solar power capacity through photovoltaics requires 685 000 oz of silver.
Miners appeal to Canada to declare silver a critical mineral
16th February 2024 By: Mariaan Webb

Executives from Canadian and international silver mining producers operating in the country have appealed to government to recognise silver as a critical mineral. In a letter addressed to Energy... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


Lithium project delays on the cards as demand  growth decelerates on the back of subdued EV sales
Lithium project delays on the cards as demand growth decelerates on the back of subdued EV sales
16th February 2024 By: Mariaan Webb

The lithium market is entering a period of transition, with the once-unstoppable demand growth for the key battery material now decelerating as the market matures and electric vehicle (EV) sales... 


Errol Smart
Yet another promising forward nudge for N Cape copper revival
9th February 2024 By: Martin Creamer

South Africa’s prospective Northern Cape province on Tuesday received yet another promising forward nudge along the road to copper-revival in the form of development obstacles being moved out of... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor pact already boding well – RBCT
9th February 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


An image depicting AECI Group CEO Holger Riemensperger
AECI outlines new strategy as it celebrates centenary anniversary
9th February 2024 By: Sabrina Jardim

JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its... 


VR8 MD and CEO John Ciganek.
Vanadium junior has expansive plans for long-life operation, mulling JSE listing
9th February 2024 By: Martin Creamer

Keep an eye on Vanadium Resources (VR8). It’s a motivated ASX-listed, JSE-mulling junior that is thinking expansively in line with the potentially very long-life mine that it is setting out to... 


Langer Heinrich was placed on care-and-maintenance in 2018. The mine will resume operations in the first quarter.
Langer Heinrich restart faces minor delay, costs tweaked
9th February 2024 By: Mariaan Webb

After more than six years of care-and-maintenance, the Langer Heinrich uranium mine, in Namibia, has restarted production activities and while Paladin Energy continues to target first commercial... 


Barrick CEO Mark Bristow
Barrick speeds up Zambia copper mine expansion
9th February 2024 By: Mariaan Webb

The Lumwana copper mine’s Super Pit expansion project has been accelerated with initial production now scheduled for 2028, Barrick president and CEO Mark Bristow said on Tuesday. The project will... 


RMB, Clairfield International ink partnership deal
9th February 2024 By: Tasneem Bulbulia

Europe-based global corporate finance partnership Clairfield International and FirstRand Bank division Rand Merchant Bank (RMB), have formally agreed to partner, marking both firms’ commitment to... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker wellbeing at Copper 360
2nd February 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


The new BASF HERAEUS Metal Resource recycling facility in China.
New platinum group metals recycling facility opens in China
2nd February 2024 By: Martin Creamer

A new platinum group metals (PGM) recycling facility has opened in China, where the autocatalyst recycling market is expected to grow at the rate of 18% a year. Recycled PGMs are calculated to... 


Gautam Adani
Call for lower prices of green hydrogen
2nd February 2024 By: Bloomberg

Billionaire ports-to-coal tycoon Gautam Adani has called for a renewed global focus on lowering green hydrogen prices to spur the clean fuel’s adoption in emissions intensive industries. Lowering... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
2nd February 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Joint venture to revive 100-year-old DRC mine
Joint venture to revive 100-year-old DRC mine
2nd February 2024 By: Marleny Arnoldi

TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic... 


Heraeus Precious Metals EVP Dr Philipp Walter
Hydrogen economy poised as key booster for platinum group metals – Heraeus
26th January 2024 By: Martin Creamer

The hydrogen economy is an important new growth area for platinum group metals (PGMs) and, in turn, PGMs are pivotal for hydrogen production and application across a broad front. Accentuating this... 


David Davis
Substantial rise in platinum price predicted
26th January 2024 By: Martin Creamer

Overwhelming demand and declining South African mining supply are poised to result in a very substantial rise in the price of platinum, Dr David Davis forecasts. Davis has been associated with the... 


Ferrochrome smelting
Merafe’s 2023 chrome production 22% down year-on-year
26th January 2024 By: Darren Parker

Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31  was 75 000 t, compared with the 97... 


Ethiopia’s Tulu Kapi gold project receives lead-lender thumbs up
26th January 2024 By: Darren Parker

Aim-listed Kefi Gold and Copper has received confirmation of conditional final credit committee approval from the lead lender for its “shovel-ready" Ethiopian development project, the high-grade... 


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... 


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