R/€ = 18.08 Change: 0.08
R/$ = 16.00 Change: 0.04
Au 1763.13 $/oz Change: -16.72
Pt 939.00 $/oz Change: -8.41

Email me free daily news

Email address

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani  

By: Martin Creamer     2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... 

GlobeScan climate event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Panel stresses need for action to save South Africa’s exploration potential 

By: Simone Liedtke     Updated 4 hours ago The Industrial Development Corporation (IDC) has approved and availed R100-million in funding to assist in closing the different funding model gaps in South Africa’s exploration sector. In collaboration with the Department of Mineral Resources and Energy (DMRE), it is working towards the... 

Core drilled during exploration

Rail constraints to continue hampering Exxaro’s export sales 

By: Simone Liedtke     2nd December 2021 Diversified miner Exxaro Resources expects demand for export coal to remain strong amid constrained global supply. FD Riaan Koppeschaar said in a pre-close message to shareholders on December 2 that high gas prices and expected cold weather in the northern hemisphere would continue to drive... 

Implats buys a further 2.56% of RBPlat’s shares, now holds 31.94% stake

By: Donna Slater     2nd December 2021 Following two tranches of share buyouts by Impala Platinum (Implats) on November 29 and December 1 – for an aggregate of 84.89-million shares of Royal Bafokeng Platinum (RBPlat) – Implats has acquired a further 7.39-million RBPlat shares on December 2. This takes Implats’ shareholding in RBPlat... 

Tharisa’s net profit more than doubles on the back of strong prices, operational performance

By: Donna Slater     2nd December 2021 JSE-listed platinum group metals (PGMs) and chrome miner Tharisa achieved a 139% year-on-year increase in net profit to $131.5-million for the financial year ended September 30. Revenue increased by 46.9% to $596.3-million, while earnings before interest, taxes, depreciation and amortisation... 

An image of Tharisa CEO Phoevos Pouroulis
Tharisa CEO Phoevos Pouroulis

Jubilee upbeat about outlook for copper, PGM markets

By: Simone Liedtke     Updated 4 hours ago Metals processor Jubilee Metals Group sees a rosy outlook for the copper and platinum group metals (PGM) markets in the years ahead. “The outlook for copper, in particular, remains buoyant, with many predictions that 2030 will see a doubling in demand for copper. I for one, see the supply side... 

Climate change mitigation is about more than just emission reduction, says the RMF

By: Marleny Arnoldi     Updated 4 hours ago Even though mining companies’ commitments to become carbon neutral are commendable and important, emission reduction is but one element of a responsible response to climate change, says independent research organisation the Responsible Mining Foundation (RMF). Research by the RMF reveals that... 

Minerals Council, SAAFF outline requirements to get Lebombo/Ressano Garcia border congestion resolved

By: Donna Slater     Updated 5 hours ago With delays at the Lebombo/Ressano Garcia border post on the Maputo corridor between South Africa and Mozambique having cost trucking companies R1.3-billion in lost revenue this year, the South African Association of Freight Forwarders (SAAFF) and the Minerals Council South Africa have requested... 

An image of freight trucks lining up for several kilometres on the N4 towards Komatipoort in South Africa
Photo by Creamer Media's Donna Slater
Freight trucks lining up for several kilometres on the N4 towards the Lebombo/Ressano Garcia border post in South Africa

Deep-South continues legal battle with Namibian ministry for Haib licence

By: Simone Liedtke     2nd December 2021 The legal counsel of the Ministry of Mines and Energy of Namibia has proceeded with a filing earlier this month, wherein it agreed to request the court to issue an order to request that TSX-V-listed Deep-South Resources file additional documents to support its original affidavit by December 15.... 

BlueRock sells three higher-value diamonds for $180 000

By: Creamer Media Reporter      2nd December 2021 Aim-listed BlueRock Diamonds sold three higher-value gem-quality diamonds for $180 000 as part of its November tender. The 6.5 ct, 7.6 ct and 7.6 ct diamonds were recovered at BlueRock's Kareevlei diamond mine, in the Kimberley region of South Africa, and sold for $53 000, $61 000 and $67 000,... 

Triton raises cash for pilot plant

By: Esmarie Iannucci     2nd December 2021 Graphite hopeful Triton Minerals will raise A$4.44-million in a partially underwritten entitlement offer to progress pilot plant work at its graphite project, in Mozambique. The entitlement offer, which closed on November 30, allowed eligible shareholders to acquire four new shares 4 new shares... 

Platinum bullion continues to enjoy investor interest

By: Marleny Arnoldi     Updated 5 hours ago Precious metals bullion exchange BullionVault has reached an investment landmark in that its clients’ platinum holdings have hit the 2 t mark, worth almost $65-million at current prices. While gold took the lion’s share of precious metals investment since January 2020, platinum investing has... 

Congo State cobalt monopoly aims to start buying in January

By: Reuters     2nd December 2021 Democratic Republic of Congo's state cobalt monopoly plans to start buying artisanal cobalt in January, its CEO Jean-Dominique Takis said in an interview at the Reuters Next conference, as the world's biggest producer of the metal tries to ramp up revenue. Cobalt, which is trading at around $62... 

EV industry must work closer with lithium suppliers, executives say

By: Reuters     2nd December 2021 Automakers must work closer with lithium producers to guarantee supply of specialized types of the white metal that boost an electric vehicle's range and performance, Albemarle Corp and Livent Corp executives told the Reuters Next conference on Wednesday. As... 

Firefinch not raising cash

By: Esmarie Iannucci     2nd December 2021 The share price of ASX-listed Firefinch rose by more than 4% on Thursday after the company refuted claims that it was looking to raise capital. Responding to a media article that alluded that the company could be looking to raise capital in the near future, the company said in a statement that... 

BHP board approves corporate unification

By: Esmarie Iannucci     2nd December 2021 The board of diversified major BHP has voted to proceed with the decision to unify the company’s corporate structure under its existing Australian parent company, BHP Group. BHP currently operates under a dual-listed company (DLC) corporate structure, which was established at the time of the BHP... 

Image of BHP's logo

Chinchillas throw wrench in Gold Fields' Chile mine-expansion plan

By: Bloomberg     2nd December 2021 Gold Fields’ flagship $860-million expansion project in Chile has stumbled over a large rodent, whose prized fur saw it hunted to the brink of extinction. The Johannesburg-based gold miner must come up with a new plan to move more than 20 short-tailed chinchillas from its Salares Norte site after... 

Newmont forecasts higher gold production next year

By: Mariaan Webb     Updated 4 hours ago US-based major Newmont expects its gold production to increase to 6.2-million ounces next year, helped by higher output at Boddington, in Australia, and Ahafo, in Ghana. Production at Boddington benefits from higher gold and copper grades and efficiency improvements from autonomous haulage in... 

An image of Newmont CEO Tom Palmer
Newmont CEO Tom Palmer

Chilean top copper miners see output drop in October

By: Reuters     Updated 4 hours ago Chile's Codelco, the world's largest copper miner, saw output in October drop 9.9% year-on-year to 144 100 t, Chilean State copper commission Cochilco said on Thursday. BHP's Escondida, the world's largest copper mine, saw production fall 15.2% year-on-year to 84 700 t in the same month. 

Gold falls to one-month low on Powell's hawkish remarks

By: Reuters     Updated 6 hours ago Gold plumbed a one-month low on Thursday as US Federal Reserve chairman Jerome Powell's comments on the need to tame inflation bolstered bets for faster monetary policy tightening and offset Omicron-driven safe-haven inflows into bullion. Spot gold fell 0.4% to $1 775.80 per ounce by 11:02 GMT,... 

Gold falls to one-month low on Powell's hawkish remarks

Investors scrutinise Elkem's plan to mine quartz on Sami reindeer pastures

By: Reuters     Updated 7 hours ago Two shareholders in Norwegian silicon producer Elkem are pressing the company to respect the rights of indigenous Sami reindeer herders who object to plans for a quartz mine they say put their ancient culture at risk. Storebrand Asset Management, Elkem's seventh-largest shareholder with a 1.2%... 

US Gold announces positive PFS for CK Gold

By: Mariaan Webb     2nd December 2021 Nasdaq-listed exploration and development company US Gold has completed a prefeasibility study (PFS) for the CK Gold project, delivering robust economics, and has set its sights on completing a feasibility study next year. 

Yamana eyes 500 000 oz/y from Quebec mines

By: Mariaan Webb     2nd December 2021 Bullion bullion miner Yamana Gold expects its production in Quebec, including output from Wasamac and the Odyssey underground mine at Canadian Malartic, to increase to about 500 000 oz/y by 2028, and continue at this level through at least 2041. The discovery of a new shear zone and continued... 

An image of the Canadian Malartic operation in Quebec.
The Canadian Malartic operation in Quebec

Northern Dynasty: Pebble timeline suggests EPA intends to comply with regulations

By: Mariaan Webb     2nd December 2021 Canada-based project developer Northern Dynasty is “cautiously optimistic” about the timeframe that the US Environmental Protection Agency (EPA) provided to weigh the next steps for the Pebble project, in south-west Alaska. The EPA last week extended the deadline to either withdraw the 2014... 

Northern Dynasty: Pebble timeline suggests EPA intends to comply with regulations

Jadar forms lithium partnership with Yahua

By: Esmarie Iannucci     2nd December 2021 Perth-based Jadar Resources has struck a memorandum of understanding (MoU) with China’s Yahua International Investment and Development Co to potentially jointly acquire and develop lithium projects. Under the terms of the MoU, the two companies hope to reach a partnership agreement within the... 

Barrick and NovaGold to update Donlin feasibility study next year

By: Creamer Media Reporter      2nd December 2021 A feasibility study for the Donlin project – said to be one of the world’s largest undeveloped openpit gold endowments– will be updated next year, Barrick and Novagold said on Wednesday, as the partners agreed on the key work plans to advance the Alaska project. The recently completed 2021 drill... 

An image of Mark Bristow and Greg Lang
Mark Bristow and Greg Lang visited the Donlin site in November.

Chile election favourite talks up state lithium firm, slams 'error' of privatisation

By: Reuters     2nd December 2021 Chilean leftist presidential candidate Gabriel Boric, the front-runner in surveys ahead of a December 19 run-off vote, talked up his plans for a state lithium firm on Wednesday and slammed the Andean country's "historic error" of privatising its resources. Chile, which sits on South America's... 

Bosnia miners end 9-day protest after clinching wage, pension deal

By: Reuters     2nd December 2021 About 7 000 miners will return to work at Bosnia's seven coal mines after securing a deal with the government and state-owned Elektroprivreda BiH power utility on wages and pensions, officials said on Wednesday, bringing to an end a nine-day protest. The miners halted work last week in support... 

Codelco, world's largest copper producer, expects prices to fall in 2022

By: Reuters     2nd December 2021 Chile’s State-owned Codelco, the world’s largest copper producer, said on Wednesday it expects copper prices to fall in a year to between $3.80/lb and $3.90/lb, down from prices currently just below $4.30/lb. "It's always very hard to forecast prices, especially in the short and medium term, but... 

Iberdrola, H2 Green Steel plan mega green hydrogen plant

By: Reuters     2nd December 2021 Global wind power group Iberdrola and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with drastically reduced carbon emissions. The European Union is pushing the development of a supply chain... 

Rain halts mining at Mt Boppy

By: Esmarie Iannucci     2nd December 2021 Wet weather conditions has temporarily interrupted mining operations at the Mt Boppy gold mine, in New South Wales, however, owner Manuka Resources said that gold production would continue. The ASX-listed Manuka on Thursday reported that around 100 mm of rain fell over the span of 30 minutes on... 

Northern Star completes power play

By: Esmarie Iannucci     2nd December 2021 Gold miner Northern Star Resources has completed the $95-million acquisition of US gold major Newmont Corporation’s Kalgoorlie power business. As part of Northern Star’s $800-million purchase of 50% of Kalgoorlie Consolidated Gold Mines (KCGM) and associated assets last year, Northern Star paid... 

Image shows the Super Pit mine

Altech raises cash for German coating plant

By: Esmarie Iannucci     2nd December 2021 Alumina technology and production company Altech Chemicals will raise A$8.1-million in a share placement to help fund the construction of a battery materials coating plant in Germany. Some 76-million shares would be placed in a single tranche, priced at 10.7c a share, representing a 24% discount... 

Dacian raises A$20m for gold hunt

By: Esmarie Iannucci     2nd December 2021 Gold miner Dacian Gold on Thursday launched a fully underwritten A$20-million capital raise to fund exploration work in Western Australia. The ASX-listed company will place 117.6-million shares, at a price of 17c each, under its existing placement capacity. 

WA releases strategies to reduce emissions

By: Esmarie Iannucci     2nd December 2021 The Australian Petroleum Production and Exploration Association (Appea) on Thursday said that its members in Western Australia were committed to a cleaner energy future and will continue to work closely with the state government  on measures that reduce greenhouse gas emissions in line with... 

Gold Fields’ South Deep solar project now 50 MW, equivalent wind planned 

By: Martin Creamer     1st December 2021 South Deep gold mine in Gauteng, where a 40 MW solar power project was initially announced, will now have a 50 MW solar plant as a result of the procurement of more efficient solar panels. Mining Weekly can report that the construction of the R715-million solar power plant at South Deep will... 

Creamer Media screenshot taken at Gold Fields ESG online presentation
Photo by Creamer Media
Gold Fields CEO Chris Griffith

Cora Gold raises £4.25m

By: Marleny Arnoldi     1st December 2021 Aim-listed Cora Gold has conditionally raised £4.25-million through a placing and subscription of about 42-million new ordinary shares. CEO Bert Monro says this strong support for the fundraise from many existing shareholders and new investors is encouraging.  

Atlantic Lithium upgrades mineral resource at Ghana project

By: Simone Liedtke     1st December 2021 Aim-listed Atlantic Lithium has reported a significant mineral resource estimate (MRE) upgrade to 21.3-million tonnes at 1.31% lithium oxide (Li2O) for the Ewoyaa deposit and surrounding pegmatites within the Cape Coast lithium portfolio, in Ghana. The estimate includes 5.2-million tonnes at... 

Latest News  by  


Company Post


Latest Videos and Audio

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani

Sable to undertake rights issue at R1 a share followed by transaction at R5 a share

Resources Watch

Carbon-neutral nickel launch showcased by South Africa-linked chairperson

RBPlat bid embodies socioeconomic boost for greater Rustenburg region – Implats

Froneman tells world of Sibanye’s confidence in hydrogen economy

On-The-Air (26/11/2021)

Magazine round up | 26 November 2021


Services News

Consulting Engineers

Contract mining

Crushing and Screening

Drilling and Tunnelling


Energy Services


Furnaces and Kilns

Material Handling




Company Announcements


Research Reports


Press Office


RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


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


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

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