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Nersa confirms registration of first two 100 MW projects 
By: Terence Creamer Updated 7 hours ago The National Energy Regulator of South Africa (Nersa) has confirmed the registration of the first two 100 MW projects following the August 2021 amendment of Schedule 2 of the Electricity Regulation Act allowing sub-100 MW projects to proceed without a licence. Both solar photovoltaic projects are... →
Metso Outotec launches new padded truck body
By: Darren Parker Updated 5 hours ago Industrial technology company Metso Outotec has launched its new truck body, which is a one-piece, lightweight, hybrid truck bowl that combines the benefits of high-strength steel and rubber. It was designed to lower hauling costs, in addition to offering a safer working environment and... →
Platinum jewellery continuing to drive 25% of platinum demand 
By: Martin Creamer 20th May 2022 Several reports published during Platinum Week indicate that in 2021, platinum jewellery consumed anywhere between 1.6-million ounces to two-million ounces of platinum, which makes it still the second demand source after automotive, coming in at around 25% of total platinum demand. Positive... →
Metals traders ‘self sanction’ key Russian palladium, disrupting markets
By: Bloomberg Updated 5 hours ago A reluctance by precious-metals traders to handle Russian-produced palladium is creating an unusual and persistent dislocation between the world’s two main markets. In the European hubs of London and Zurich, traders can select the origin of metal they receive, while those taking delivery of a New... →
Two employees of mining contractor Barminco killed in accident at Khoemacau
By: Darren Parker Updated 5 hours ago Two employees of Australian mining contractor Barminco died in an underground incident at copper miner Khoemacau Copper Mining’s operations, in Botswana, on May 20. On May 21, Khoemacau said investigations into the cause of the accident were ongoing. →
Test site provides platform to trial innovations under real mining conditions
By: Marleny Arnoldi 20th May 2022 Public–private partnership for innovation the Mandela Mining Precinct’s (MMP’s) test mine is poised to deliver value to mining companies, original-equipment manufacturers (OEMs) and other stakeholders while contributing to the industry’s sustainability. This partnership, aimed at assisting... →
SAIMM positioning industry for next-gen metals with upcoming PGMs conference
By: Simone Liedtke Updated 7 hours ago In positioning itself for the next generation of precious metals - such as palladium, rhodium, iridium, and others - which fulfill catalytic roles, the eighth iteration of the Southern African Institute of Mining and Metallurgy’s (SAIMM’s) Platinum-Group Metals (PGMs) Conference is looking to... →
Oriole achieving good progress on sampling in Cameroon
By: Tasneem Bulbulia Updated 5 hours ago Aim-listed Oriole Resources has achieved good progress during an early-stage sampling programme on the eastern portion of its 90%-owned Central Licence Package (CLP) in central Cameroon, CEO Tim Livesey says. The district-scale CLP comprises eight contiguous licences of previously unexplored... →
Invictus raises cash for Zim drilling
By: Esmarie Iannucci Updated 6 hours ago Upstream oil and gas company Invictus Energy will raise A$12-million through a share placement to sophisticated and institutional investors. Under the placement, the ASX-listed company will issue more than 60-million shares, at a price of 20c each under its existing placement capacity. The... →
Implats buys more RBPlat shares
By: Tasneem Bulbulia Updated 26 minutes ago JSE-listed Impala Platinum (Implats) has acquired further shares in Royal Bafokeng Platinum (RBPlat). The company has concluded agreements to acquire a further 604 604 RBPlat shares, constituting about 0.21% of the RBPlat shares in issue. →
Shanta’s West Kenya drilling programme identifies exceptional high-grade areas
By: Tasneem Bulbulia Updated 28 minutes ago Aim-listed Shanta Gold’s last phase of drilling at the West Kenya project, in Kenya, has continued to deliver “outstanding” results, ensuring that this remains the most consistently high-grade drilling programme that the company has ever conducted at any asset in Shanta’s history, CEO Eric Zurrin... →
NUM calls for Sibanye’s gold mining rights to be revoked
By: Darren Parker Updated 32 minutes ago The National Union of Mineworkers (NUM) has urged Mineral Resources and Energy Minister Gwede Mantashe to act immediately against diversified miner Sibanye-Stillwater by revoking its mining rights in the South African gold sector. Section 47 of the Mineral and Petroleum Resources Development Act... →
Sibanye-Stillwater CEO Neal Froneman
Akobo confident its Segele mine will generate $50m in free cash flow in two years
By: Marleny Arnoldi Updated 35 minutes ago Ethiopia-focused gold miner Akobo Minerals has declared an inaugural cash flow estimate for the Segele mine of $42-million in 2023 and $15.1-million in 2024. The mine is on track to start producing gold early in 2023. →
Don’t Digitise Your Rubbish: Integrate, Simplify, and Systematise Your Operations – Andy Sherring
Updated 1 hour 2 minutes ago The mining industry has a problem. It has worthy aspirations for high technology, digitisation, and a progressive performance culture, but it lacks the necessary operating platform to support and enable this. Despite its many successes in a tough working environment, the industry is experiencing... →
Nornickel cuts estimate of 2022 global palladium deficit
By: Reuters Updated 1 hour 45 minutes ago Russia's Nornickel expects a global palladium market deficit at 100 000 troy ounces and a global nickel market surplus of 37 000 t in 2022, it said on Monday, downgrading both estimates from its February forecast. Western sanctions imposed on Moscow after it sent tens of thousands of troops into... →
Kazatomprom says its inclusion in privatisation list incorrect
By: Creamer Media Reporter Updated 1 hour 47 minutes ago Kazakhstan’s national atomic company Kazatomprom on Monday refuted information regarding the privatisation of some of its assets, including its drilling subsidiary and uranium mining asset. The company was commenting on a draft resolution from the Kazakhstan government posted for public... →
One mine auction draws 3 448 bids amid scramble for lithium
By: Bloomberg Updated 3 hours ago An auction for a controlling stake in a Chinese lithium mine has garnered 3 448 bids, underscoring the scramble to secure the battery metal that’s key to the clean-energy transition. The 54.3% stake in Yajiang Snowway Mining Development, which owns the mine in Sichuan, a southwestern province in... →
Chile aims to outline state lithium firm model this year, Minister says
By: Reuters Updated 3 hours ago Chile's government, which has pledged to establish a state lithium firm to develop the ultra-light battery metal, hopes to establish a model for the company by the end of the year, mining minister Marcela Hernando told local paper La Tercera on Sunday. The South American country is the world's... →
Barloworld posts solid interim HEPS, but lower BEPS amid Eurasian headwinds
By: Marleny Arnoldi Updated 3 hours ago Diversified group Barloworld has delivered a noteworthy increase in group operating profit of 34.7% year-on-year to R2.8-billion for the first six months ended March 31, despite starting to feel the pinch from Eurasian volatilities. The industrial brand-owner plans on paying a 165c apiece... →
Energy Fuels buys Brazil heavy mineral sands project
By: Creamer Media Reporter Updated 5 hours ago NYSE American- and TSX-listed Energy Fuels has entered into an agreement to acquire 17 mineral concessions, which has significant quantities of heavy minerals, including monazite, in Brazil. The company states that the Bahia project is a well-known heavy mineral sands deposit with more than 3... →
Ironbark taps potential partner for Citronen
By: Esmarie Iannucci Updated 5 hours ago Junior Ironbark Zinc has inked a non-binding memorandum of understanding (MoU) with Norwegian group Leonhard Nilsen & Sønner (LNS) over a potential equity investment and services contract for the Citronen in Greenland. Under the terms of the MoU, LNS could earn an equity position in the project... →
European Lithium makes a play for Avebury
By: Esmarie Iannucci Updated 5 hours ago ASX-listed European Lithium has thrown a potential A$125-million spanner in fellow listed Mallee Resources’ plans to acquire the Avebury nickel sulphide project, in Tasmania. Mallee earlier this year unveiled a deed of company arrangement (DOCA) to acquire Allegiance Mining, which has gone into... →
Skyharbour secures option to acquire uranium project from Rio Tinto
By: Creamer Media Reporter Updated 5 hours ago Canadian explorer Skyharbour Resources has entered into an option agreement with Rio Tinto Exploration Canada (RTEC) to acquire up to 100% of the Russell Lake uranium project, which is situated between the company’s Moore Uranium project and Denison Mines’ Wheeler River project in the Athabasca... →
Peru's Castillo shuffles Cabinet again; replaces mining minister
By: Reuters Updated 6 hours ago Peru's President Pedro Castillo shuffled his Cabinet on Sunday, including replacing the interior minister and the important mining minister amid rising tensions over protests in the world's second largest copper producing country. Castillo has shuffled his ministerial team multiple times since... →
Quantum signs offtake deal at Uley 2
By: Esmarie Iannucci Updated 6 hours ago ASX-listed Quantum Graphite has inked an offtake agreement for all of the flake graphite produced at its Uley 2, Stage 1 project, in South Australia. The company on Monday announced that it had signed a binding offtake agreement with Swiss-based global metal and minerals trading group MRI... →
Appea welcomes Albanese at the helm
By: Esmarie Iannucci Updated 7 hours ago The oil and gas industry has congratulated Labor’s federal election win over the weekend, with Anthony Albanese emerging as Australia’s new Prime Minister. The Australian Petroleum Production & Exploration Association’s (Appea’s) acting CEO, Damian Dwyer said that the industry was looking... →
Newcrest takes the next step at Wilki
By: Esmarie Iannucci Updated 7 hours ago Gold miner Newcrest Mining will assume management of a farm-in agreement with ASX-listed Antipa Minerals over the Wilki project, in Western Australia. Newcrest has already spent A$6-million on exploration at the project under a farm-in agreement with Antipa, and will now spend a further... →
Sayona's PFS for NAL proves up
By: Esmarie Iannucci Updated 7 hours ago A prefeasibility study (PFS) into the North American Lithium (NAL) operations, in Quebec, has confirmed the viability of a 1.5-million tonne a year operation, delivering 4.4-million tonnes of spodumene concentrate over a mine life of 27 years. ASX-listed Sayona Mining on Monday told shareholders... →
Snow Lake Lithium calls for comprehensive EV ecosystem across North America
By: Creamer Media Reporter 20th May 2022 Canadian lithium producer Snow Lake Lithium has outlined the need to create a comprehensive electric vehicle (EV) ecosystem across North America to protect the future of the region's domestic automotive industry. With more than ten-million vehicles sold in the US last year, the automotive... →
Unloved since Fukushima, uranium is hot again for miners
By: Reuters 20th May 2022 Uranium miners are racing to revive projects mothballed after the Fukushima disaster more than a decade ago, spurred by renewed demand for nuclear energy and a leap in yellowcake prices after Russia's invasion of Ukraine. Spot prices for uranium have doubled from lows of $28 per pound last year... →
DWS stresses commitment to Phase 2 of the Vaal Gamagara Water Supply Scheme
By: Yvonne Silaule 20th May 2022 The Northern Cape stands to benefit to the tune of R10-billion when Phase 2 of the Vaal Gamagara Water Supply Scheme (VGWSS) is implemented, Water and Sanitation Minister Senzo Mchunu has announced. The construction of the bulk water supply project is critical to both the mining sector and... →
Tharisa expects interim EPS boost from acquisition, but lower HEPS
By: Marleny Arnoldi 20th May 2022 Chrome and platinum group metals miner Tharisa expects to report a 50% increase in earnings per share (EPS) for the six months ended March 31, at between $0.32 and $0.33. This compares with EPS of $0.21 posted in the prior corresponding six months. →
Eastplats moves to secure funding for underground mining restart at CRM
By: Marleny Arnoldi 20th May 2022 TSX- and JSE-listed Eastern Platinum has filed a technical report on the Crocodile River Mine (CRM), in South Africa’s North West province, stipulating the restart of underground mining at the Zandfontein section of the mine. The Zandfontein section, which has a measured and indicated resource... →
Gold Fields confirms enviro compliance work under way at Salares Norte following fox deaths
By: Marleny Arnoldi 20th May 2022 JSE- and NYSE-listed Gold Fields has confirmed that the death of three foxes occurred at its Salares Norte gold/copper project, in Chile. The country’s environmental regulator has since issued some compliance orders to be adhered to. →
Harmony appoints Nqwababa, Prinsloo to its board
By: Marleny Arnoldi 20th May 2022 JSE-listed gold miner Harmony Gold has appointed Bongani Nqwababa and Martin Prinsloo to the board as independent nonexecutive directors, as well as audit and risk committee members, effective May 18. The two chartered accountants bring to the board an extensive and diverse record of... →
Incoming Harmony nonexec director Bongani Nqwababa
Forum set up to improve cooperation between Eskom, Transnet and domestic industrialists
By: Terence Creamer 20th May 2022 A new forum comprising Eskom, Transnet and domestic industrialists is to be established to improve collaboration between the two large infrastructure-focused State-owned companies and domestic manufacturers and suppliers. The initiative was unveiled by Ministers Pravin Gordhan and Ebrahim Patel... →
Trade, Industry and Competition Minister Ebrahim Patel
Europe aims to revive magnesium output by 2025 to cut China reliance
By: Reuters 20th May 2022 EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminium and steel products, with at least three firms working on projects, according to documents and officials. A European Commission staff working document made available to Reuters places a new emphasis... →
Gordhan reports yet another sabotage incident at Hendrina power station
By: Terence Creamer 20th May 2022 A day after Eskom confirmed incidents of sabotage at its Tutuka power station, Public Enterprises Minister Pravin Gordhan alleged that another incident of sabotage had taken place at the Hendrina power station. The Hendrina incident raises to six the number of incidents of suspected sabotage that... →
Public Enterprises Minister Pravin Gordhan
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