https://www.miningweekly.com
R/€ = 16.20 Change: 0.00
R/$ = 14.99 Change: 0.02
Au 1611.40 $/oz Change: 23.80
Pt 1007.20 $/oz Change: 29.53
 

Lead News

Vedanta sets sights on zinc, silver, iron-ore output growth 

By: Kim Cloete     12th February 2020 CAPE TOWN (miningweekly.com) – Natural resources company Vedanta Resources is aiming to become the world's biggest producer of zinc, as well as to double its production of silver and increase its iron-ore output from 10-million to 15-million tonnes a year.  Vedanta has a presence in steel,... 

ScoZinc expects upcoming PFS to improve past Scotia assessments

By: Creamer Media Reporter      11th February 2020 TSX-V-listed explorer and developer ScoZinc is hopeful that when it announces the results of a prefeasibility study (PFS) for the idled Scotia mine, near Halifax, it will be an improvement on past assessments. The company confidence levels are boosted by the recent doubling of the mineral... 

Silvercorp's third-quarter profits fall on foreign exchange loss, lower prices

By: Creamer Media Reporter      7th February 2020 Canadian miner Silvercorp, which produces silver, gold, lead and zinc from its mines in China, reported income attributable to equity shareholders of $6.3-million, or $0.04 a share for the quarter ended December 31 – the third quarter of its 2020 financial year. This was lower than income... 

Nigeria sets ambitious target for mining sector growth

By: Reuters     6th February 2020 Nigeria expects its mining sector to grow to 3% of gross domestic product (GDP) within the next five years from just 0.3% currently as the government seeks to diversify the economy away from oil, the minister for mines and steel development said on Wednesday. Nigeria has been trying to boost the... 

Seabed mining faces major challenges

By: Rebecca Campbell     31st January 2020 Data analytics and consultancy company GlobalData has warned that deep ocean mining faces serious difficulties. In a report it issued recently, it warned that attempts to mine the seabed at such depths were both technically difficult and controversial.  

China-focused Silvercorp extends holiday shutdown

By: Creamer Media Reporter      30th January 2020 Canadian mining company Silvercorp, which produces silver, lead and zinc metals in concentrates from mines in China, is taking an extended holiday season, in line with the Chinese central government’s efforts to contain the spread of the coronavirus. Silvercorp’s production was suspended on... 

Alianza partners with Coeur in Yukon

By: Creamer Media Reporter      27th January 2020 Explorer Alianza Minerals is bringing on board NYSE-listed Coeur Mining to take the road-accessible Tim property, in southern Yukon Territory, forward. The property is located 12 km south of Coeur’s Silvertip mine.  

Bluejay prepares for ‘highly active’ year in Greenland

By: Creamer Media Reporter      27th January 2020 Greenland-focused Bluejay Mining is preparing for a “highly active” year ahead, as it plans for a maiden drilling campaign at its newly enlarged Kangerluarsuk zinc/lead/silver project, while work continues at the advanced Dundas ilmenite project and the Disko-Nussauq project. Bluejay CEO... 

World risks 'disaster' as reuse of natural resources declines

By: Reuters     21st January 2020 The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes for the first time. Just 8.6% of the 100-billion tonnes of materials – including minerals, metals,... 

Strong quarter for NQ Minerals’ Australia project

By: Simone Liedtke     13th January 2020 LSE-listed NQ Minerals on Monday said that its flagship Hellyer gold mine, in Australia, had experienced improved operating conditions and metallurgical recoveries across its fourth quarter. During the quarter, unaudited gross revenues amounted to A$15.5-million, gross profits were A$7.4-million... 

‘Technical’ year ahead for Central Asia Metals as it moves to cut, fill mining

By: Marleny Arnoldi     9th January 2020 Aim-listed Central Asia Metals (CAML) managed to exceed its yearly guidance at the Kounrad copper recovery plant, in Kazakhstan, producing 13 771 t in 2019. This while production at the Sasa mine, in north Macedonia, reached the top end of the guidance range at 23 360 t zinc and 29 201 t lead.  

Water around Rio Tinto's Madagascar mine is high in lead, uranium - study

By: Reuters     20th December 2019 Water downstream of a Rio Tinto mine in southern Madagascar contains high concentrations of uranium and lead, potentially endangering local residents who depend on a nearby lake and river for drinking water, a study released on Friday found. Lead, when ingested, can impede the mental and... 

Baita Plai cold commissioning gets under way

By: Mariaan Webb     16th December 2019 Aim-listed mining company Vast Resources has started the cold commissioning of tis Baita Plai polymetallic mine, in Romania, with initial trail mining expected to be carried out shortly. The current cold commissioning capacity is up to 7 000 t/m and will be progressively ramped up 14 000 t/m in... 

Baita Plai cold commissioning gets under way

Anglesey continues to believe in Parys Mountain

By: Creamer Media Reporter      13th December 2019 Work on mine planning and project optimisation is continuing at the Parys Mountain zinc, copper, lead project, in Wales, and project owner Anglesey Mining continues to believe that the mine could be company changing. Irish mining contractor QME is carrying out an agreed programme of design,... 

Anglesey continues to believe in Parys Mountain

Base metals fundamentally in good shape despite lower demand – Glencore

By: Martin Creamer     3rd December 2019 Despite weaker 2019 demand, base metals are fundamentally in good shape, Glencore CEO Ivan Glasenberg said on Tuesday. Presenting an investor update with Glencore CFO Steve Kalmin and Glencore industrial assets head Peter Freyberg, Glasenberg described copper, zinc and nickel markets as being... 

Base metals fundamentally in good shape despite lower demand – Glencore
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Consolidated Zinc to manage own mine in Mexico

By: Creamer Media Reporter      3rd December 2019 The Plomosas zinc/lead/silver mine, in Mexico, will move to an owner-operated mining operation, after ASX-listed Consolidated Zinc terminated the mining contractor, citing “significant deficiencies” in its performance. The company believes that bringing mining contracting services in-house will... 

Solar reducing electricity costs, lowering diesel use   

By: Martin Creamer     20th November 2019 Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce people’s daytime power costs by 60% to 70%,”... 

Solar reducing electricity costs, lowering diesel use
SunRanch.Solar talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd

Qld opens applications for Mt Isa rail line incentive

By: Esmarie Iannucci     19th November 2019 Mineral freight exporters in Queensland are now able to apply for the A$80-million Mt Isa Line incentive, after the Queensland government released guidelines and application forms. Premier Annastacia Palaszczuk said that the four-year Mount Isa Line subsidy would support the growth of the mining... 

Europa starts additional drilling at Toral

By: Mariaan Webb     15th November 2019 Lead, zinc and silver developer Europa Metals is starting a further diamond drilling campaign at its Toral zinc, lead, silver project, in Spain, focusing on a target area to the west of the current indicated resource within the existing inferred zone. The drilling programme, along with... 

Glencore Canada to shut Brunswick smelter, union laments 'devasting blow'

By: Creamer Media Reporter      13th November 2019 The Canadian unit of global mining and commodities trader Glencore on Wednesday announced the permanent closure of the Brunswick lead smelter, which it said had become uneconomic after the closure of the Brunswick mine in 2013. The company said that the decommissioning process would begin... 

Glencore Canada to shut Brunswick smelter, union laments 'devasting blow'

Vast appoints new FD

By: Creamer Media Reporter      11th November 2019 Aim-listed Vast Resources has appointed Paul Fletcher FD with immediate effect. He has been CFO of the company since February. 

Europa Metals formalises stakeholder engagement

By: Creamer Media Reporter      1st November 2019 Europe-focused lead, zinc and silver developer Europa Metals has completed the first round of engagement meetings with representatives of local mayors in the region of Castilla y León, north-west Spain, where the Toral project is located. The stakeholder consultation initiative, stipulated by... 

Namibia Critical Metals unaware of reason for stock jump

By: Mariaan Webb     30th October 2019 TSX-V-listed Namibia Critical Metals has said that it is unaware of any material change in the company’s operations that could account for the 80% jump in its share price on Tuesday. The Halifax-headquartered junior holds a portfolio of exploration and advanced-stage projects in Namibia,... 

Metals sector in costly battle to turn green

By: Reuters     25th October 2019 Metals producers, from miners to smelters, are grappling with increasingly tough and costly environmental demands imposed by banks seeking cleaner investments. While the transition may prove overwhelming for smaller producers, larger companies are playing a long game, casting ahead to a period... 

Lundin tightens guidance range, says Chile mine not affected by unrest

By: Mariaan Webb     24th October 2019 Toronto-headquartered Lundin Mining has improved its guidance for 2019, tightening the lower end of the production range for copper and zinc, as well as lowering the operating cost guidance for the Chapada and Neves-Corvo mines. The revised copper guidance for the year is a range of 227 000 t to... 

Nigeria bid to boost mining gets help from West Africa gold rush

By: Bloomberg     24th October 2019 Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a small Canadian company joining a rush for gold in West Africa. The western tip of the continent is seen as a new frontier as gold miners face a dearth of new discoveries globally. 

Bluejay applies for exploration licence at ‘least talked about’ project

By: Mariaan Webb     21st October 2019 Aim- and FSE-listed Bluejay Mining, which owns the Dundas mineral sands project, has applied for an additional exploration licence at the Kangerluarsuk zinc/lead/silver project, in Greenland. The new application covers an area surrounding the existing Kangerluarsuk licence area in central-west... 

Deficit feeds lead's rally, but surplus on the horizon

By: Reuters     18th October 2019 Unexpected shortages of lead due to supply disruptions have helped prices of the car battery metal to outperform other metals such as copper, aluminium and zinc, but looming surpluses mean this trend is unlikely to persist. Benchmark lead on the London Metal Exchange at around $2 200/t is up... 

African lender eyes unloved neighborhoods in mining drive

By: Bloomberg     18th October 2019 African Finance Corp (AFC) will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said. The Nigeria-based development-finance firm is mulling mining and refining opportunities in Mali, Burkina Faso,... 

SA moves to give new impetus to exploration, following years of stagnation 

By: Tracy Hancock     18th October 2019 The absence of new mining projects, owing to limited exploration, continues to weigh on the future sustainability of South Africa’s once thriving mining sector, which once captured a larger share of major mining budgets. “There is simply not enough investment in new mineral exploration to take... 

SA moves to give new impetus to exploration,  following years of stagnation
Mandela Mining Precinct co-director Alastair Macfarlane discusses an initiative under way to stimulate local exploration. Camera work: Kutlwano Matlala. Editing: Nicholas Boyd.

Beowulf ups Vadar ownership

By: Creamer Media Reporter      14th October 2019 Aim-listed Beowulf Mining has increased its ownership of Kosovo explorer Vardar Minerals from 37.6% to 40.1%. The company invested a further £115 000 in Vardar, following the board’s recent “excellent” visit to Kosovo, CEO Kurt Budge said on Monday. 

Rio Tinto and Minmetals look for copper, zinc and lead in China

By: Reuters     11th October 2019 Rio Tinto is looking for copper and zinc-lead deposits in four Chinese regions, including Xinjiang and Inner Mongolia, as part of an exploration venture with State-owned China Minmetals, a spokeswoman for the Anglo-Australian Miner said on Friday. The two companies set up a 50:50 joint venture... 

Encouraging outlook for Glencore, but there are threats – global consultancy

By: Rebecca Campbell     11th October 2019 Global major diversified natural resource group Glencore has a solid outlook for the next few years, because, among others things, of its diversified portfolio, its conservative financial policy and likely rising prices for the main metals and coal that it produces. But clouds on the horizon... 

Biodiversity, climate everyone’s issues – Environment Minister  

By: Martin Creamer     8th October 2019 South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC). “We are thus one of the richest countries in terms of the diversity of... 

Biodiversity, climate everyone’s issues – Environment Minister
Environment, Forestry and Fisheries Minister Barbara Creecy ORC presentation by Mining Weekly's Martin Creamer. Camera Work: Darlene Creamer

Vast finalising $13.5m financing facility

By: Mariaan Webb     8th October 2019 Aim-listed mining company Vast Resources is in the process of finalising the documentation for a $13.5-million financing facility, it said on Tuesday. In an update to the market, the company said that a further announcement would be made “shortly”. 

Vast finalising $13.5m financing facility

Emerita gains on positive ruling in Spain

By: Creamer Media Reporter      7th October 2019 The share price of European exploration and project development company Emerita Resources rose sharply on the TSX-V on Friday, following a favourable ruling on the Aznalcóllar project appeal, in Spain. Five judges of the Appellate Court of Seville have unanimously ruled in favour of Emerita’s... 

Investment in climate-positive companies growing – Joburg Indaba  

By: Martin Creamer     7th October 2019 Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and governance (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for... 

Investment in climate-positive companies growing – Joburg Indaba
Mining Weekly's Martin Creamer on Joburg Indaba climate discussion. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photo: Dylan Slater.

Environment government’s most important Ministry – Oppenheimer  

By: Martin Creamer     4th October 2019 The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference. “Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment... 

Environment government’s most important Ministry – Oppenheimer
Former mining luminary Nicky Oppenheimer covered by Mining Weekly’s Martin Creamer. Camera Work: Darlene Creamer. Photograph: Dylan Slater.
First
Prev
1
2 3 4 5 6 Next Last

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close