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Vedanta misses Q4 profit estimates on lower prices
25th April 2024 By: Reuters

ndian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


LME moves to stop gaming of Russian aluminium sanctions-based rule
LME moves to stop gaming of Russian aluminium sanctions-based rule
24th April 2024 By: Reuters

The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it at a later date to profit from rule changes to comply... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


Australian PM Anthony Albanese
Alpha HPA and Renascor score A$585m in loans for critical minerals projects
17th April 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Rusal says new Western sanctions won't hurt its aluminium supply
Rusal says new Western sanctions won't hurt its aluminium supply
15th April 2024 By: Reuters

Russian aluminium giant Rusal said on Monday that new sanctions on Russian metals introduced by the United States and Britain will have no impact on its ability to supply aluminium to world... 


The new restrictions are at curbing President Vladimir Putin’s ability to fund his military
Metals spike on LME after Russian supply hit by US, UK sanctions
15th April 2024 By: Bloomberg

Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Bold Baatar
Baatar appointed Rio Tinto COO to spearhead global business development
8th April 2024 By: Mariaan Webb

Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


World’s top aluminum producer sees raw material supply risk in Guinea
28th March 2024 By: Bloomberg

Aluminum Corp of China said it sees “relatively high” risks to supplies of bauxite from Guinea, highlighting its growing dependence on a single country for the raw material. The West African nation... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


US announces $6bn to clean up heavy manufacturing
US announces $6bn to clean up heavy manufacturing
26th March 2024 By: Bloomberg

The first new US aluminum smelter in 45 years may be built as part of about $6-billion in grants the Biden administration is awarding to companies in a bid to clean-up hard to decarbonise... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


US President Joe Biden
Biden set to award billions to decarbonise US heavy industries
22nd March 2024 By: Bloomberg

The Biden administration is poised to award as much as $6.3-billion in dozens of grants to help hard-to-decarbonise industries cut emissions, according to people familiar with the matter. Details... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Put sanctions on Russian-origin aluminium not on Rusal, industry group says
18th March 2024 By: Reuters

ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside... 


Rusal's profit slumps on subdued prices despite higher sales
15th March 2024 By: Reuters

Russia's Rusal boosted physical aluminium sales last year thanks to Asian markets, but low prices caused its net profit to slide 84%, the world's largest aluminium producer outside China said on... 


South32 shuffles Australia lead team deck
14th March 2024 By: Creamer Media Reporter

As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
12th March 2024 By: Reuters

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


Tsodilo withdraws contempt motion as Botswana Minister complies
6th March 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has withdrawn its contempt motion, which sought to hold Botswana Minerals and Energy Minister Lefoko Moagi to... 


Metals offer lukewarm reaction to China's economic targets
6th March 2024 By: Bloomberg

Base metals drifted lower as traders assessed China’s 2024 economic goals for clues on the prospects for a significant rebound in the construction sector. Industrial commodities have struggled... 


Alcoa aims to take out Australian partner Alumina in $2.2bn deal
Alcoa aims to take out Australian partner Alumina in $2.2bn deal
26th February 2024 By: Reuters

US aluminium producer Alcoa on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina, valuing the company at $2.2-billion in an all-stock offer.... 


Aluminum spikes as White House plans fresh sanctions on Russia
21st February 2024 By: Bloomberg

Aluminum surged on speculation that a fresh wave of US sanctions against Russia may target the metal, potentially disrupting supplies. US President Joe Biden said the US plans to unveil a “major”... 


South32 CEO Graham Kerr.
Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely
16th February 2024 By: Martin Creamer

Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


Vedanta focused on becoming ESG leader
Vedanta focused on becoming ESG leader
7th February 2024

Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and... 


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