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Zinc News

Vedanta’s Naidoo calls for increased female representation in mining

By: Simone Liedtke     19th February 2020 Vedanta Zinc International CEO Deshnee Naidoo has called on the South African mining industry to “change the gender narrative” and to engage in conversations about the lack of female representation in the industry. According to recently published statistics by the Minerals Council South Africa,... 

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,... 

Vedanta sets sights on zinc, silver, iron-ore output growth
Vedanta Resources executives tell Mining Weekly correspondent Kim Cloete about the group's growth plans and its corporate social investment initiatives. Video and editing: Nicholas Boyd.

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... 

Minerals Council South Africa lobbying strongly for junior miners   

By: Martin Creamer     5th February 2020 Junior and emerging miners hold the majority of the 1 700 to 1 800 mining rights that have been issued in South Africa, Minerals Council South Africa social performance head Alex Khumalo said on Wednesday. But most of these rights are not being exercised, Khumalo revealed at a media briefing he... 

Minerals Council South Africa lobbying strongly for junior miners
Minerals Council social performance head Alex Khumalo, junior miners leadership forum chairperson Errol Smart and junior and emerging miners' desk head Grant Mitchell in a briefing at the 2020 Investing in African Mining Indaba. Video and editing: Nicholas Boyd.

Glencore reports lower full-year copper, ferrochrome output

By: Tasneem Bulbulia     4th February 2020 Global diversified natural resource group Glencore on Tuesday released its full-year production results, with own-sourced copper production of 1.3-million tonnes for the period 82 500 t, or 6%, lower Year-on-year. About half of this (40 800 t) related to its African copper assets, with Katanga's... 

Glencore reports lower full-year copper, ferrochrome output
Photo by Bloomberg
Kamoto

Canada’s Teck aims to be carbon neutral by 2050

By: Mariaan Webb     3rd February 2020 Canadian miner Teck Resources is chasing a goal of being carbon neutral across all its operations and activities in 30 years’ time, the diversified mining firm, focusing on copper, steelmaking coal and zinc, announced on Monday. The objective aligned with commitments by Canada and Chile – home... 

Canada’s Teck aims to be carbon neutral by 2050
Teck CEO don Lyndsay

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... 

Public comments invited on proposed Gamsberg zinc smelter 

By: Marleny Arnoldi     29th January 2020 Environmental consultants SLR Consulting has published, for public comment, a draft scoping report on a proposed zinc smelter to be built at Black Mountain Mining's (BMM's) Gamsberg zinc project, near Aggeneys, in the Northern Cape. BMM, which is a part of Vedanta Zinc International, is proposing... 

Public comments invited on proposed Gamsberg zinc smelter
Photo by Creamer Media's Donna Slater
Gamsberg mine, in Northern Cape

Multimetal strategy paying off for Jubilee  

By: Marleny Arnoldi     28th January 2020 Aim- and AltX-listed Jubilee Metals Group delivered record platinum group metal (PGM) earnings for the six months ended December 31, on the back of higher output and metal prices, while its chrome operations showed their resolve, maintaining positive earnings against softer chrome prices. CEO... 

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... 

Orion Minerals lender extends loan due date to June

By: Marleny Arnoldi     24th January 2020 The due date of ASX- and JSE-listed Orion Minerals’ loan facility with Tembo Capital has been extended to June 25, from January 25. Orion secured the $3.6-million convertible loan facility with Tembo Capital last year.  

Transformation under way at Rosh Pinah and Perkoa

By: Tracy Hancock     24th January 2020 The African operations of global base-metals mining company Trevali Mining are big contributors to its overall portfolio and are important to the company’s future, says Trevali CEO and president Ricus Grimbeek, who will speak at this year’s Investing in African Mining Indaba, in Cape Town, from... 

Transformation under way at Rosh Pinah and Perkoa
ROSH PINAH The RP2.0 expansion at the Namibian mine is expected to increase production by 60% to 80%

Lundin Mining meets guidance at all operations

By: Creamer Media Reporter      23rd January 2020 Canada-headquartered Lundin Mining has achieved its production guidance for all the metals it produces, at all its operations, as the miner prepares for a big jump in production this year. The miner produced 67 131 t of copper in the fourth quarter, taking total production for the year to 235... 

Nigeria to resume mining in Zamfara state in first quarter – minister

By: Reuters     22nd January 2020 Nigeria will lift a ban on mining in Zamfara state by the end of March after the government deployed a surveillance team to stifle illegal activity in the northwestern region, the minister of mines and steel development said. The government suspended operations in April on concerns that illegal... 

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... 

Mining operator killed in fall of ground at Northern Cape mine

By: Tasneem Bulbulia     13th January 2020 Venessa Plagg, a mining operator at the Black Mountain Mine (BMM) Deeps Shaft, in the Northern Cape, has died after being injured in an isolated fall of ground that occurred at Level 49 at about 23:00 on Friday. All production at the Deeps operation has been suspended. 

‘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.  

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

Michigan grants Aquila’s Back Forty permit amendments

By: Mariaan Webb     13th December 2019 The Michigan Department of Environment, Great Lakes, and Energy (EGLE) has approved amendments to TSX-listed Aquila Resources' nonferrous metallic mineral mining permit and its Michigan air use permit for its Back Forty project. The amendments update the permits to align with the project design... 

Adriatic returns to London roots as it continues exploration in Bosnia

By: Simone Liedtke     12th December 2019 Over 177-million ordinary shares of UK-based exploration and development company Adriatic Metals was admitted to trade on the LSE on Thursday. The company was initially listed on only the ASX to allow for early-stage exploration to be absorbed into the investor community that’s more familiar with... 

Adriatic returns to London roots as it continues exploration in Bosnia

Orion Minerals closes share purchase plan

By: Simone Liedtke     11th December 2019 Dual-listed Orion Minerals’ share purchase plan (SPP) closed last week. The SPP was announced in October and closed on December 6. 

Tribunal approves Exxaro's buyout of Cennergi

By: Creamer Media Reporter      5th December 2019 The Competition Tribunal has unconditionally approved diversified miner Exxaro Resources' proposed buyout of the remaining 50% interest in the Cennergi joint venture (JV). Exxaro in September announced the proposed R1.55-billion transaction to buy out Khopoli Investments' share in the JV, which... 

Minerals Council members largely compliant with 2010 Charter requirements 

By: Simone Liedtke     4th December 2019 The Minerals Council South Africa on Wednesday published a report on the South African mining industry’s progress in transforming the industry in terms of the Mining Charter. The report was based on a survey by advisory firm Moshe Capital into the council members' transformation and community... 

Minerals Council members largely compliant with 2010 Charter requirements
Photo by Creamer Media
Minerals Council CEO Roger Baxter and public affairs and transformation senior executive Tebello Chabana

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... 

Orion to publish optimised Prieska BFS early next year, continues financing talks

By: Marleny Arnoldi     3rd December 2019 ASX- and JSE-listed Orion Minerals has continued to incorporate positive results from optimisation studies into the Prieska copper project’s bankable feasibility study (BFS). The optimisation studies will culminate in an updated BFS in the first quarter next year and is expected to highlight... 

Group Eleven exploration VP Barry steps down

By: Creamer Media Reporter      29th November 2019 Canada’s Group Eleven announced on Thursday that John Barry, cofounder and VP for exploration and strategy, has stepped down from his position and resigned as director of various Irish subsidiaries with immediate effect. In an announcement, Barry said that after 32 years of exploring for metals... 

Aquila awaits amended Back Forty mining permit as panel upholds earlier ruling

By: Mariaan Webb     28th November 2019 Project developer Aquila Resources is awaiting issuance of the amended mining permit and air permit for its Back Forty zinc and gold project, in the US, after the state of Michigan environmental review panel upheld the mining permit. The decision by the panel marks the final step in the... 

Lundin Mining sees big jump in production next year

By: Mariaan Webb     27th November 2019 Canada-headquartered Lundin Mining is forecasting a big increase in production, with its copper output expected to rise by 20%, its zinc production by 15% and nickel production forecast to increase by more than 25%. The increased 2020 copper production guidance of 272 000 t to 296 000 t is based... 

Vedanta warns it may have to process ore outside South Africa 

By: Reuters     26th November 2019 Vedanta, one of South Africa's biggest international investors, will process its zinc ore elsewhere unless the country can fix its power problems, the CEO of Vedanta unit Vedanta Zinc International said. South Africa has suffered rolling blackouts and the debts of state power company Eskom have... 

Vedanta warns it may have to process ore outside South Africa
Photo by Creamer Media
Vedanta Zinc International CEO Deshnee Naidoo

NorZinc’s Prairie Creek has all major permits

By: Creamer Media Reporter      25th November 2019 Vancouver-headquartered NorZinc has all the major permits required for the construction and operation of the Prairie Creek mine and an all-season access road that will provide year-round access to the site in the Northwest Territories. Parks Canada issued the water licence and land use permit... 

Arkle reviews 'strategic options' relating to Ireland zinc interest

By: Mariaan Webb     25th November 2019 The share price of London-listed Arkle Resources spiked on Monday morning as the company announced a review of strategic options relating to its shareholding in the Stonepark zinc project, which it owns with Canada’s Group Eleven Resources. Arkle holds a 23.44% share in the project, located in... 

Arkle reviews 'strategic options' relating to Ireland zinc interest
Project location of Stonepark

Canadian railway strike disrupts steel, copper trade with US

By: Bloomberg     22nd November 2019 Steel, copper, aluminum and zinc shipments between the US and Canada are at risk from a strike at Canadian National Railway Co. In the US, Union Pacific, the largest freight rail provider in the West region, said this week that it would stop accepting shipments into or from CN Railway’s Canada... 

Canadian railway strike disrupts steel, copper trade with US

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
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