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Exploration drilling gaining momentum at Southern Palladium’s Bengwenyama project 

By: Martin Creamer     Updated 20 minutes ago Exploration drilling is gaining momentum at Southern Palladium’s Bengwenyama platinum group metals project, a large, shallow exploration opportunity on the eastern limb of South Africa’s Bushveld Complex. One specific borehole into upper group two (UG2) reef recorded an impressive 800 centimetre... 

From left to right, Joel Nkosi, Johan Odendaal, Terence Goodlace and Daan van Heerden at JSE earlier this year.
Photo by Creamer Media
From left to right, Joel Nkosi, Johan Odendaal, Terence Goodlace and Daan van Heerden at JSE earlier this year.

Anglo’s fuel-cell truck operating ‘akin to its diesel counterpart’ 

By: Irma Venter     Updated 14 minutes ago Anglo American’s big nuGen hydrogen-powered truck is currently functioning “akin in operation and cost to its diesel counterpart”, says Anglo American market development principal Fahmida Smith.  The global mining company in May unveiled its nuGen truck, with a 2 MW hybrid battery/hydrogen... 

Image of Anglo American's nuGen fuel-cell truck
Anglo American's nuGen fuel-cell truck

Clough and M&R’s Australian holding company enter voluntary administration after termination of Webuild deal 

By: Terence Creamer     Updated 4 hours ago A proposed disposal by Murray & Roberts (M&R) of its Clough unit to Webuild was terminated on Monday and Clough and its subsidiaries placed into voluntary administration in Australia with immediate effect, together with the JSE-listed group’s Australian holding company, MRPL. The announcement... 

M&R HQ

De Beers appoints its first black-owned sightholder in South Africa

By: Marleny Arnoldi     Updated 4 hours ago As part of diamond miner De Beers Group’s strategic objective of driving transformation in the local diamond sector, the group has appointed its first majority black-owned sightholder, Molefi Letsiki Diamonds (MLD), effective January 1 next year. Molefi Letsiki is an alumnus of De Beers’... 

Transnet sees South African coal exports as being safer on diesel trains

By: Bloomberg     Updated 5 hours ago South Africa’s State-owned port and rail company Transnet proposed switching to diesel trains to avoid disruptions to coal exports caused by the theft of power cables that disable electric locomotives. At least 1 500 km of cable was stolen in the current financial year, according to Transnet CEO... 

Glencore pays DRC govt $180m in remedial efforts

By: Marleny Arnoldi     Updated 6 hours ago Global diversified miner Glencore has reached an agreement with the Democratic Republic of Congo (DRC) covering all present and future claims arising from alleged acts of corruption by the group in the country between 2007 and 2018. This includes activities in certain group businesses that have... 

Tirupati raises £5m in oversubscribed placement for Suni acquisition

By: Marleny Arnoldi     Updated 20 minutes ago UK-based Tirupati Graphite, which owns and operates graphite mines in Madagascar, has raised £5-million through an institutional and private placement of 14.2-million new ordinary shares in the company, at a price of £0.35 apiece. The fundraise, which was oversubscribed, is conditional only on... 

AfriTin drilling returns best lithium grades yet

By: Marleny Arnoldi     Updated 1 hour 56 minutes ago Aim-listed AfriTin Mining has announced five more drill holes’ results as part of a diamond- and reverse circulation drilling programme on the Uis mine, in Namibia, which focused on increasing confidence of existing lithium and tantalum mineralisation. The results of the outstanding 20 drill... 

China's CMOC threatens legal action over Congo cobalt mine export block

By: Reuters     Updated 16 minutes ago China's CMOC Group could take legal action against Congo's State mining company Gecamines, a spokesperson for the Chinese mining firm said, after having exports blocked from Tenke Fungurume, the world's second-biggest cobalt mine, for a fifth month. Tenke Fungurume Mining (TFM) suspended copper... 

Aton granted additional time on Abu Marawat exploration licence

By: Tasneem Bulbulia     Updated 1 hour ago TSX-V-listed gold explorer Aton Resources has requested and been granted a six-month force majeure compensation period, under the provisions of the Abu Marawat Concession Agreement (CAAM), which will be added to the final exploration period of its current exploration licence at Abu Marawat, in... 

West African awards contracts at Kiaka

By: Esmarie Iannucci     Updated 5 hours ago Gold miner West African Resources is advancing work at its Kiaka gold project, in Burkina Faso, completing the first stage of the debt financing process and awarding the engineering, procurement and construction management (EPCM) contract and the grinding mill package. The ASX-listed company on... 

Black Rock advances power talks in Tanzania

By: Esmarie Iannucci     Updated 5 hours ago ASX-listed Black Rock Mining has inked a non-binding memorandum of understanding (MoU) to secure grid power for the Mahenge graphite project, in Tanzania. Black Rock on Monday announced the MoU with Tanzania Electricity Supply Company (Tanesco) to collaborate on the construction of a 229 kV... 

BP doubles down on hydrogen as fuel of the future

By: Reuters     Updated 6 hours ago BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the fuel to decarbonise. Low-carbon hydrogen already has a big fan-base and is forecast to play a major role in reducing greenhouse gas... 

Contango signs MoU for possible offtake of coking coal from Lubu

By: Tasneem Bulbulia     Updated 10 minutes ago London-listed Contango Holdings has entered into a nonbinding memorandum of understanding (MoU) with a multinational company (MNC) with respect to its Muchesu coal project, the in-country name of the Lubu coal project, in Zimbabwe. This MoU outlines a framework for collaboration across coking... 

Papua New Guinea PM Marape presses mining, energy giants to advance projects

By: Reuters     Updated 4 hours ago Papua New Guinea Prime Minister James Marape on Monday urged mining investors to get on with developing their resources, pushing for more downstream processing in the country and more local employment. Marape said his goal is to expand the nation's economy to 200-billion kina ($55-billion) by... 

Copper hits 3-week high after more Chinese cities ease Covid curbs

By: Reuters     Updated 4 hours ago Industrial metals rose on Monday, with copper scaling a three-week peak as a partial easing of Covid-19 restrictions in top metals consumer China raised hopes for a full reopening of the economy, with a weaker US dollar also lending support. Three-month copper on the London Metal Exchange CMCU3... 

Sigma Lithium plans big expansion for Brazil project

By: Mariaan Webb     Updated 5 hours ago The Grota do Cirilo project, which will reach production in the near term, has the potential to be one of the biggest integrated lithium producers globally, co-CEO and co-chairperson Calvyn Gardner said on Monday, announcing the results of an expansion study. The study contemplates tripling... 

Arizona Lithium signs alliance agreement with First Nation company

By: Esmarie Iannucci     Updated 5 hours ago Junior lithium developer Arizona Lithium has signed a strategic alliance term sheet with Navajo Transitional Energy Company (NTEC) to manage all permitting and contract mining services for the Big Sandy lithium project, in the US. The term sheet allows initial work by both companies on the... 

Argentina is pressing US for exception to tap EV bonanza

By: Bloomberg     Updated 6 hours ago The world’s fastest-growing lithium producer is lobbying hard to gain access to President Joe Biden’s new electric vehicle tax credits, despite Argentina not meeting the requirement of being a US free-trade partner. So far, it’s being rebuffed. Designed to end China’s overwhelming dominance of... 

Argentina is pressing US for exception to tap EV bonanza

Alaska mining project CEO criticises US EPA veto suggestion

By: Reuters     Updated 6 hours ago The top boss of a proposed Alaskan mine, which has been through a roller coaster of regulations for the past 15 years, called the recommendation that the US environmental agency should veto the project a "massive regulatory overreach". Mining waste from the Pebble Mine project, which has one of... 

Australia exploration spend surges to new heights - ABS

By: Esmarie Iannucci     5th December 2022 Mineral exploration expenditure in Australia reached a record high of A$1.08-billion during the September quarter, new data from the Australian Bureau of Statistics (ABS) has shown. Expenditure on mineral exploration in the September quarter was up 2.6%, or some A$27.6-million in original... 

Image shows core samples

Westgold reaches milestone at Fortnum

By: Esmarie Iannucci     5th December 2022 Gold miner Westgold Resources has marked a milestone at its Fortnum gold project, in Western Australia, producing 250 000 oz under the company’s ownership. Westgold started mining at Fortnum in 2017, with the project centred around the 0.9-million tonne a year Fortnum processing plant. 

Hancock supports major capital raise by Arafura

By: Esmarie Iannucci     5th December 2022 Rare earths developer Arafura Rare Earths is looking to raise A$121-million through a share placement and share purchase plan (SPP) to accelerate the development timeline of its Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory. The company on Monday announced that it... 

Battle for Warrego Energy heats up

By: Esmarie Iannucci     5th December 2022 ASX-listed takeover target Warrego Energy has received an improved offer from suitor Hancock Energy, which has increased its offer price from 23c a share to 28c a share. The improved offer comes after ASX-listed Beach Energy at the end of last week increased its own takeover offer for Warrego... 

Fire halts Nova operations - IGO

By: Esmarie Iannucci     5th December 2022 Battery minerals producer IGO has suspended operations at its Nova nickel project, in Western Australia, following a fire at the Zenith Energy-operated power station over the weekend. The ASX-listed company told shareholders on Monday that a fire damaged the 10 MW power station in the early... 

RWE, Hyphen sign MoU for offtake of 300 000 t/y of green ammonia from Namibia

By: Darren Parker     2nd December 2022 Multinational energy company RWE and green energy developer Hyphen Hydrogen Energy have signed a memorandum of understanding (MoU) that could see RWE buy up to 300 000 t/y of green ammonia from Namibia from 2027. Ammonia is one of the most common basic materials in the chemical industry. More... 

Minerals Council, members pledge support for national gender-based violence interventions

By: Marleny Arnoldi     2nd December 2022 The Minerals Council South Africa and its members have joined hands with the National Prosecuting Authority (NPA) and the Gender-based Violence and Femicide (GBVF) Response Fund to support gender-based violence (GBV) response centres in mining communities. This comes as the country is... 

RBPlat clarifies independent expert findings following Northam TRP complaint

By: Donna Slater     2nd December 2022 Northam Platinum has submitted a complaint to the Takeover Regulation Panel (TRP) in terms of Section 168(1)(a) of the Companies Act in response to RBPlat’s independent expert finding that Implats’ offer to acquire all outstanding shares in RBPlat that it does not already own, is fair and... 

Tsodilo launches online landing pages to update market on Xaudum licence litigation

By: Donna Slater     2nd December 2022 As a result of “overwhelming” interest in diamond and metals explorer Tsodilo Resources’ legal action against the Botswana Ministry of Minerals & Energy (MME), the former has established landing pages on its website that it says are regularly updated to include all records related to the... 

Thungela, Inyosi Coal share swap a ‘great’ empowerment deal – Balfour

By: Donna Slater     2nd December 2022 A successful R1-billion transaction on November 24, in which Anglo Coal’s black economic empowerment partner Inyosi Coal acquired shares in JSE-listed Thungela Resources, is being labelled a “great achievement” in terms of black economic empowerment, according to Inyosi chairperson Yoliswa... 

Global market for green hydrogen derivatives such as ammonia emerging

By: Darren Parker     2nd December 2022 According to the World Platinum Investment Council, there are signs that a global market in green hydrogen or green hydrogen derivatives is emerging, with more than 80 announcements between 2020 and 2021 for projects or collaborations that relate to global hydrogen or ammonia trade. Based on... 

Transport Forum highlights need for multimodal logistics to remain competitive

By: Schalk Burger     2nd December 2022 Freight, logistics and transport industry experts have called for the restoration of South Africa's roads network, the restoration and development of the rail network and efficient ports and border posts, arguing that the country can only remain competitive if its logistics networks and supply... 

Railway tracks

Renewables deal indicative of South Africans making positive difference, says Seriti Green  

By: Martin Creamer     2nd December 2022 The big renewables deal undertaken by Seriti is indicative of just how passionate South Africans are to make a positive difference for the benefit of future generations, said new Seriti Green CEO Peter Venn of the multi-gigawatt deal that is poised to lighten South Africa’s loadshedding burden... 

Seriti Green CEO Peter Venn interviewed by Mining Weekly's Martin Creamer. Video: Nicholas Boyd. Video Editing: Darlene Creamer.

World’s top fertiliser firm Nutrien sees shortfall on Russia and Belarus woes

By: Bloomberg     2nd December 2022 The top executive of the world’s largest fertilizer company sees a worldwide shortage of agricultural inputs ahead as “export challenges” keep Russia and Belarus supplies from reaching global markets. “Russia and Belarus are just enormous producers of fertilizer,” Nutrien CEO Ken Seitz said... 

Magnetite Mines fields interest in Razorback

By: Esmarie Iannucci     2nd December 2022 ASX-listed Magnetite Mines on Friday denied reports that it had launched a formal partnering or sales process for any of its assets, including its flagship Razorback iron-ore project, in South Australia. The company told shareholders that it had received interest in the project from a range of... 

Sasol’s newest nonexec director to bolster its decarbonisation efforts

By: Tasneem Bulbulia     2nd December 2022 JSE-listed Sasol has appointed Andreas Schierenbeck as independent nonexecutive director, with effect from January 1. Schierenbeck is the founder and a director of HH2E, a green hydrogen company dedicated to producing green hydrogen for the German market. 

Kootenay Silver appoints exploration

By: Creamer Media Reporter      2nd December 2022 Canada-based exploration company Kootenay Silver has appointed geologist Dale Brittliffe as VP of exploration. Brittliffe has more than 25 years’ experience in exploration for precious and base metals deposits in Canada, Mexico and Australia He will will be directly involved in the advancement... 

Seriti, green hydrogen investment and tech make headlines   

2nd December 2022 Mining Weekly Editor Martin Creamer discusses Seriti Resources acquiring 100% of Windlab South Africa, H2Global's call for rapid green hydrogen investment; and the South African green hydrogen technology which won top global recognition in Monaco.   

Seriti, green hydrogen investment and tech make headlines

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Renewables deal indicative of South Africans making positive difference, says Seriti Green

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Magazine round up | 02 December 2022

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Australia’s platinum pioneer highlighting greenness, mulling smelterless tech

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