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Popular This Month

New vehicle technology uses cobalt 

By: Martin Creamer     22nd January 2019 A promising new vehicle technology, which uses a cobalt-based catalyst, mirrors the world’s current ‘well-to-wheel’ refuelling ecosystem in being designed to allow motorists to call at conventional petrol stations to fill up with the liquid fuel from which hydrogen is extracted and then converted... 

New vehicle technology uses cobalt
Photo by Electriq-Global
Car that uses fuel consisting of mainly water converted into hydrogen and then electricity.

AngloGold faces South African dilemma as M&A gold rush quickens  

By: Bloomberg     21st January 2019 Two decades ago, Anglo American created the world’s No. 1 gold miner by merging its South African assets. Having long since been eclipsed by its rivals, AngloGold Ashanti may need to leave home to keep up. Newmont Mining and Barrick Gold have forged megadeals that will extend their lead over... 

AngloGold faces South African dilemma as M&A gold rush quickens
Photo by Bloomberg
AngloGold CEO Kelvin Dushnisky

Xolobeni judgment continues to confound 

By: Martin Creamer     11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other.  But the... 

Xolobeni judgment continues to confound
Mineral Resources Minister Gwede Mantashe

Ramaphosa challenges mining to take ten value-adding steps   

By: Martin Creamer     5th February 2019 President Cyril Ramaphosa on Tuesday challenged the mining industry to take ten value-adding steps to hoist the industry into a potent new orbit across the entire continent. Addressing the Investing in African Mining Indaba, the president said he wished to issue a challenge against the background... 

Ramaphosa challenges mining to take ten value-adding steps

Barrick’s Bristow calls for a mindset change in the gold industry  

By: Kim Cloete     5th February 2019 Mark Bristow, the president and CEO of gold producer Barrick Gold has accused mining companies, investors and host countries of succumbing to the desire of instant gratification and for not investing deeply in the industry. He called for a mindset change in an industry that has been plagued with... 

Barrick’s Bristow calls for a mindset change in the gold industry
Photo by Bloomberg
Barrick Gold president and CEO Mark Bristow

Gamsberg set to trigger new wave of industrialisation in Northern Cape 

By: Simone Liedtke     18th January 2019 With diversified miner Vedanta Zinc International’s (VZI’s) flagship Gamsberg project coming on stream, the Northern Cape province has the potential to become a base metals mining, processing and beneficiation hub. VZI CEO Deshnee Naidoo says Gamsberg has the potential to have a huge impact on... 

Gamsberg set to trigger new wave of industrialisation in Northern Cape

South32 finalising preferred list of coal mine bidders 

By: Martin Creamer     14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... 

South32 finalising preferred list of coal mine bidders
Photo by Creamer Media
South32 CEO Graham Kerr

Palladium theft rampant – FT 

By: Martin Creamer     29th January 2019 Palladium, used in catalytic converters that reduce harmful petrol vehicle emissions, is catalysing a crime wave in the UK, says the Financial Times (FT) of London. “Thieves are stealing catalytic converters – often in broad daylight – and selling the devices to illegal scrap dealers for cash,”... 

Palladium theft rampant – FT
Photo by Bloomberg
A bar of palladium.

Katanga appoints new CEO, CFO after signing management services agreement with Glencore International 

By: Tasneem Bulbulia     18th January 2019 Katanga Mining has entered into a management services agreement with Glencore International, to better reflect the integrated nature of Katanga’s and Glencore International’s businesses and enhance existing controls. Glencore International is a subsidiary of Glencore. 

South32 delivers solid Q2 results; announces leadership shuffle 

By: Esmarie Iannucci     17th January 2019 Diversified miner South32 has reported a solid production performance in the December quarter, with the miner maintaining its production guidance for the full year to June 2019. “We achieved a strong quarter of production, maintaining full-year guidance for all operations with the exception of... 

South32 delivers solid Q2 results; announces leadership shuffle
Photo by Bloomberg
South32 CEO Graham Kerr

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end   

By: Marleny Arnoldi     23rd January 2019 Aim-listed emerging phosphate producer Kropz is finalising the design of processing plant upgrades at its 74%-owned Elandsfontein project, in South Africa, with first ore to be produced by the end of the year. The mine will ramp up to steady-state production of one-million tonnes a year during... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end

Precious metal refiners face new LBMA environmental standard  

By: Martin Creamer     7th February 2019 The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations. 

Precious metal refiners face new LBMA environmental standard

Eskom grid upkeep increasingly problematic – DRDGold  

By: Martin Creamer     13th February 2019 The quality of maintenance of the Eskom distribution infrastructure is becoming increasingly problematic, DRDGold CEO Niël Pretorius said on Wednesday. At the company's presentation of power-hit interim results for the six months to December 31, Pretorius said that although DRDGold's own power... 

Eskom grid upkeep increasingly problematic – DRDGold

Innovation mining’s biggest challenge – Anglo 

By: Martin Creamer     4th February 2019 The world is standing on the brink of a technological revolution that will result in transformation unlike anything human kind has experienced before, which is making innovation mining’s biggest challenge. “In the next five years, it’s about major step changes in innovation,” Anglo American CEO... 

Innovation mining’s biggest challenge – Anglo

Death toll rises to 58 as hope dims after Brazil dam collapse

By: Reuters     28th January 2019 Brazilian rescuers searched into the night on Sunday for hundreds of people missing after a burst mining dam triggered a deadly mudslide, as the death toll rose to 58 and was expected to keep climbing more than two days after the disaster. Rescuers worked past sunset to search a bus thought to... 

Death toll rises to 58 as hope dims after Brazil dam collapse
Vale CEO Fabio Schvartsman

Ivanhoe reports ‘unprecedented’ copper intersection in the DRC 

By: Creamer Media Reporter      31st January 2019 The Kamoa North prospect area has delivered an “unprecedented” 22.3-m intersection of 13.05% copper in a thick, flat-lying deposit, sending Canada’s Ivanhoe Mines share price up 10% on the TSX on Wednesday. The new drill hole at the Democratic Republic of Congo-based project includes grades of... 

Sibanye considers closing unprofitable shafts at gold mines 

By: Bloomberg     12th February 2019 Sibanye Gold is considering shutting unprofitable shafts and cutting jobs at its South African gold mines amid a three-month-old wage strike that’s curbing output. The nation’s largest gold producer has talked with some labor unions about a potential restructuring, which could lead to job cuts,... 

Sibanye considers closing unprofitable shafts at gold mines

RBCT coal exports decline 

By: Martin Creamer     24th January 2019 Richards Bay Coal Terminal (RBCT) exported 73.47-million tonnes of coal in 2018, 4.1% less than in 2017. The main export destination of the South African-mined coal was Asia at 81.6%. 

RBCT coal exports decline

Harmony’s Steenkamp rising to President Ramaphosa’s ten-point challenge  

By: Martin Creamer     12th February 2019 Harmony Gold CEO Peter Steenkamp is rising to President Cyril Ramaphosa’s ten point mining challenge by striving to pay meaningful social dividends across a broad front and answering the call to beneficiate, which is no mean feat when it comes to gold. The executive head of the million-ounce-plus... 

Harmony’s Steenkamp rising to President Ramaphosa’s ten-point challenge

Zambia’s mining tax places Lumwana in ‘challenging situation’ – Barrick’s Jacobs 

By: Simone Liedtke     21st January 2019 NYSE- and TSX-listed Barrick Gold has not sold its biggest copper mine, Lumwana, in Zambia, but given the challenging conditions the mine is facing, “all options" are on the table. The Canada-headquartered company on Monday said that it was continuing to engage with the Zambian government and... 

Sibanye considering AMCU memorandum 

By: Tasneem Bulbulia     22nd January 2019 Sibanye-Stillwater is considering the memorandum of demands submitted to the Minerals Council South Africa (MCSA) by the Association of Mineworkers and Construction Union (AMCU) on Tuesday. AMCU marched to the MCSA to submit the memorandum, while its members continue to strike at Sibanye’s gold... 

Gold, copper prices to rebound in 2019 – Fitch Solutions

By: Nadine James     23rd January 2019 Increased economic uncertainty and declining metal stocks are expected to drive gold and copper prices this year, Fitch Solutions commodities analyst Sabrin Chowdhury stated during a webcast on Wednesday. She noted that the expected rebound in gold was “already playing out” and that the price... 

Mantashe calls for mining investment amid renewed regulatory certainty  

By: Kim Cloete     4th February 2019 Mineral Resources Minister Gwede Mantashe has assured investors it is safe and stable to invest in the South African mining industry, with the return of regulatory certainty and a revised Mining Charter. “There was a lot of policy and regulatory uncertainty for the better part of last year. We... 

Mantashe calls for mining investment amid renewed regulatory certainty

Brazil makes Vale arrests as Cabinet meets on fatal dam break

By: Bloomberg     30th January 2019 Brazilian police arrested three employees and two contractors for embattled mining giant Vale SA as an investigation into a dam rupture that has killed at least 65 and left a path of destruction in the state of Minas Gerais widens. The two contractors worked for German consultancy firm TUEV SUED,... 

Geologist of Canadian/Aussie JV project murdered in Burkina Faso

By: Esmarie Iannucci     18th January 2019 ASX-listed Predictive Discovery has announced the death of a senior employee of its Canadian joint venture (JV) partner, Progress Minerals, at the Progress JV in Burkina Faso. Canadian geologist Kirk Woodman was kidnapped from an exploration camp in Burkina Faso on January 15, and his body was... 

Zimbabwe lithium project wins the Mining Indaba’s Investment Battlefield competition 

By: Kim Cloete     7th February 2019 Junior mining company, Prospect Resources, has won the 2019 Mining Indaba Investment Battlefield for its lithium project located in Zimbabwe. Prospect Resources executive director Harry Greaves scooped the first prize at the Investing in African Mining Indaba, in Cape Town, after pitching the... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year  

By: Nadine James     30th January 2019 State-owned utility Eskom’s proposed tariff increases would cost some 150 000 direct mining jobs, all but eliminate the gold sector and, as a consequence, reduce Eskom’s mining client base by around 36%, thereby exacerbating the utility’s “death spiral”, Minerals Council South Africa chief... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year

Labour Court rejects Sibanye’s application to halt strike again

By: Marleny Arnoldi     8th February 2019 Sibanye-Stillwater on Friday said the Labour Court had rejected its application to stop the ongoing strike that the Association of Mineworkers and Construction Union (Amcu) started at its gold operations in November 2018, on technical legal grounds. The court stated res judicata, which means... 

Iron-ore rockets as Vale supply disruption convulses market 

By: Bloomberg     30th January 2019 The global iron-ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly dam breach, buoying shares of rivals as investors weighed the impact of the disruption. Prices soared, with futures rallying more than 9%. Vale... 

Iron-ore rockets as Vale supply disruption convulses market
Photo by Bloomberg
Vale CEO Fabio Schvartsman

Corruption over the past years crippled mining sector – Minerals Council

By: African News Agency      5th February 2019 The damage that was done to South Africa's economy over the past nine years before Cyril Ramaphosa became President has had huge impact on the investability of the mining sector, Minerals Council of South Africa CEO Roger Baxter said on Tuesday. "A year ago we arrived in Cape Town for the 2018... 

Gold Fields denies interest to merge with AngloGold Ashanti 

By: Marleny Arnoldi     23rd January 2019 JSE- and NYSE-listed Gold Fields has denied that it wants to merge with its competitor AngloGold Ashanti, stating that an article published by Bloomberg on Tuesday was factually incorrect. Bloomberg quoted a person familiar with the matter as saying Gold Fields wanted to merge with AngloGold as... 

Gold Fields denies interest to merge with AngloGold Ashanti
Photo by Creamer Media
Gold Fields CEO Nick Holland

Barrick CEO on Zambia tax dispute: Threats don't solve problems

By: Bloomberg     25th January 2019 Barrick Gold’s new CEO, Mark Bristow, said his company is seeking solutions to a dispute over mining taxes in Zambia. “We’re engaged with the government in a constructive way,” he told reporters at a press conference in the Ivory Coast’s economic capital, Abidjan. “We don’t believe that... 

Barrick CEO on Zambia tax dispute: Threats don't solve problems
Barrick CEO Mark Bristow

Sulaiman resigns as Wescoal CEO  

By: Tasneem Bulbulia     28th January 2019 Waheed Sulaiman has resigned as CEO and director of Wescoal with effect from January 31. Wescoal’s board is in the process of recruiting a new CEO. 

Sulaiman resigns as Wescoal CEO
Waheed Sulaiman

Minerals Council’s national platinum strategy targets real potential 

By: Martin Creamer     6th February 2019 Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger... 

Minerals Council’s national platinum strategy targets real potential
Photo by Dylan Slater
Minerals Council CEO Roger Baxter

Uranium market improvements not enough to warrant new supply – Cameco

By: Mariaan Webb     11th February 2019 Canada’s largest uranium miner, Cameco, has cautioned against investing in new uranium mines, saying that “even the promise” of new supply could create a headwind and put downward pressure on uranium prices. The Saskatoon-headquartered company, which last year idled its McArthur River/Key Lake... 

Uranium market improvements not enough to warrant new supply – Cameco

Mining 'walking into a brighter future' – Makwana  

By: Martin Creamer     4th February 2019 Mining was walking into a brighter future and the appetite for mining investment was strengthening, attendees of the Investing in African Mining Indaba heard on Monday. Opening the 25th consecutive Investing in African Mining Indaba Cape Town, attention was drawn to stepped up investment in... 

Mining 'walking into a brighter future' – Makwana

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