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Diversified Miners

Bowen quits BHP board
14th September 2023 By: Esmarie Iannucci

Diversified miner BHP has announced the retirement of independent non-executive director Terry Bowen at the end of the company’s annual general meeting on November 1. Bowen has accepted the role... 


Resources Watch
Resources Watch
13th September 2023

This week: Results needed from Transnet partnership, Motsepe emphasises; Record platinum deficit, above-ground platinum stocks decimation on way; and, Menar says South Africa must make Transnet... 


Menar MD Vuslat Bayoglu.
South Africa must make Transnet work or economy will grind to halt – Menar
8th September 2023 By: Martin Creamer

South Africa has no option but Transnet, and the country must make the State logistics enterprise work or the entire economy will grind to a halt, Menar MD Vuslat Bayoglu highlighted in an... 


Photo of Martin Creamer
Platinum, rail, clean energy make headlines
7th September 2023

This week, Mining Weekly Editor Martin Creamer discusses the World Platinum Investment Council's forecast of the biggest platinum deficit on record and significantly low above-ground stocks;... 


ICMM CEO Rohitesh Dhawan
ICMM publishes guidance to improve the mining, metals industry’s disclosure of Scope 3 emissions
7th September 2023 By: Creamer Media Reporter

Global metals and mining industry body ICMM has published a 'Scope 3 Emissions Accounting and Reporting Guidance', which provides a standardised framework for mining and metals companies to... 


BlackRock voted against Glencore's climate progress report
7th September 2023 By: Reuters

Major Glencore shareholder BlackRock was among investors to reject the mining giant's climate progress report at its annual meeting in May, citing inconsistencies, a voting disclosure page on the... 


Former ARM CEO Mike Schmidt, in new executive of growth and strategic development role.
ARM achieves 4% ‘tip of iceberg’ decarbonisation target with much more to come
7th September 2023 By: Martin Creamer

In the 12 months to June 30, diversified mining company African Rainbow Minerals (ARM) achieved the 4% carbon reduction target that executive chairperson Dr Patrice Motsepe set for the Johannesburg... 


Resources Watch
Resources Watch
6th September 2023

This week: Harmony swings to profit, declares a higher dividend; Vedanta aims to complete $1bn investment in South Africa soon; and, Mistra reiterates call for PGMs Exchange as hydrogen economy looms 


Image shows President Mokgweetsi Eric Keabetswe Masisi
Botswana hoping to diversify mining economy
6th September 2023 By: Esmarie Iannucci

Botswana is looking to diversify its commodity portfolio, President Mokgweetsi Eric Keabetswe Masisi said in Perth on Wednesday. Speaking on the first day of the Paydirt Africa Downunder... 


BHP prices $4.5bn bond offer
6th September 2023 By: Esmarie Iannucci

Diversified miner BHP has priced a $4.75-billion senior secured bond offer in the US market. The bonds will be issued by subsidiary BHP Billiton Finance under BHP’s US debt registration statement,... 


African Rainbow Minerals CEO Phillip Tobias.
Cost focus is key, new African Rainbow Minerals CEO emphasises
5th September 2023 By: Martin Creamer

Ensuring cost-competitive operational performance and increasing efficiencies and outputs to improve margins were cited as being key by new African Rainbow Minerals (ARM) CEO Phillip Tobias when he... 


Rio appoints new aluminium CEO
5th September 2023 By: Esmarie Iannucci

Diversified major Rio Tinto has appointed Jérôme Pécresse as its aluminium CEO, succeeding Ivan Vella. Pécresse, who was until recently president and CEO of General Electric (GE) Renewable Energy,... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
Results, results, results needed from Transnet partnership, Motsepe emphasises
4th September 2023 By: Martin Creamer

The partnership of South Africa’s mining industry and State-owned rail enterprise Transnet must translate into “results, results, results”, African Rainbow Minerals executive chairperson Dr Patrice... 


An image of Samarco resettlement activities
Court ratifies Samarco judicial reorganisation plan, says BHP
4th September 2023 By: Mariaan Webb

The judicial reorganisation plan of the Samarco joint venture (JV) in Brazil has been approved, paving the way for the organisation to move ahead with its debt restructuring plan, diversified miner... 


The Antas mine in Brazil
World’s biggest miner reviews newly acquired Brazilian assets
4th September 2023 By: Bloomberg

BHP Group is undertaking a strategic review of the Brazilian copper and gold assets it acquired with the takeover Oz Minerals, as the No. 1 miner pivots toward minerals key to the green-energy... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
ARM declares final dividend in financial year of R6.6bn dividend payout
4th September 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has declared a R2.6-billion final dividend in a financial year of R6.6-billion worth of dividends being allocated to its shareholders. Net... 


Another Glencore veteran departs as trader Popovic retires
4th September 2023 By: Bloomberg

Glencore co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years, the latest departure among the generation of leaders that took the commodity giant into its 2011... 


Image shows mine truck
Australian mining investment under threat - MCA report
4th September 2023 By: Esmarie Iannucci

Deepening investment uncertainty, exhaustive delays in environmental approvals and the proposed introduction of rigid and costly industrial relations laws are combining to blunt Australia’s ability... 


Photo of Martin Creamer
Northam, Vedanta, Hillside Aluminium make headlines
1st September 2023

Mining Weekly Editor Martin Creamer unpacks this week's biggest news. Northam paid R2.4-billion in dividends and highlighted its business risks ahead; Vedanta Zinc is looking to invest $500-million... 


Vedanta lobbied to dilute Indian environmental rules, investigation finds
1st September 2023 By: Bloomberg

Billionaire Anil Agarwal’s Vedanta lobbied the Indian government to weaken key environmental regulations related to oil and mining during the coronavirus pandemic, according to an investigation by... 


Demand for modular substations increasing
1st September 2023 By: Natasha Odendaal

As demand for dry-type transformers increases, particularly for difficult operating environments, dry-type transformer specialist Trafo Power Solutions is accelerating its delivery of complementary... 


Resources Watch
Resources Watch
30th August 2023

This week: Government, Saps’ involvement crucial for MPRDA enforcement; it’s responsible to invest in South Africa, says DRDGold as it approves R3.5bn capex; and, Coal miner opening nursery to... 


Vale considers taking steel decarbonisation model to US, Brazil
30th August 2023 By: Bloomberg

Iron-ore giant Vale is considering developing industrial complexes in the US and Brazil as part of a push to produce greener steel, a spokesman said Tuesday. The world’s No. 2 producer of the... 


BHP cuts the ribbon at new training center
30th August 2023 By: Esmarie Iannucci

Diversified miner BHP has cut the ribbon at its FutureFit Academy in Western Australia, as part of its commitment to create 2 500 new traineeships and apprenticeships nationally over five years and... 


Sibanye CEO Neal Froneman
Sibanye’s gold operations offset impact of lower PGM prices
29th August 2023 By: Cameron Mackay

Multinational mining and metals processing group Sibanye-Stillwater’s strategic commodity and geographical diversification served it well in the six months ended June 30, with a turnaround in its... 


Sibanye slumps as CEO pushes on with bid to buy Mopani Copper Mines
29th August 2023 By: Reuters

Shares in Sibanye-Stillwater slumped more than 11% on Tuesday as its CEO confirmed the South African company is pressing ahead with a bid for Zambia's Mopani Copper Mines after a 37% slump in... 


Vedanta Resources chairperson Anil Agarwal
Vedanta aims to complete $1bn investment in South Africa soon
29th August 2023 By: Darren Parker

Globally diversified Indian-headquartered mining company Vedanta Resources chairperson Anil Agarwal has told Mining Weekly that the company aims to complete its commitment to invest $1-billion in... 


Kevin Robertson will oversee the US PGM operations, including the Stillwater mine
Sibanye appoints new EVP for US PGMs operations, announces other management changes
29th August 2023 By: Creamer Media Reporter

JSE- and NYSE-listed Sibanye-Stillwater has made changes to C-suite roles and responsibilities and executive management appointments, subsequent to the resignation of chief organisational growth... 


Image shows molten copper
First Quantum joins Rio in copper JV
28th August 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has formed a joint venture (JV) with fellow major First Quantum over the development of the La Granja copper project, in Peru. Following the completion of conditions... 


Anil Agarwal
Agarwal mulls listing Vedanta businesses separately
25th August 2023 By: Reuters

 India's Vedanta will consider separately listing all or some of its businesses, which range from metals and mining to oil & gas and potentially chipmaking, billionaire Anil Agarwal said on... 


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Booyco Electronics
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