R/€ = 16.79 Change: 0.02
R/$ = 15.67 Change: -0.01
Au 1862.24 $/oz Change: 2.47
Pt 957.00 $/oz Change: -8.00

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Lithium pilot plant in Namibia scheduled for this year – AfriTin 

By: Martin Creamer     24th May 2022 An engineering, procurement and construction management (EPCM) contractor has been appointed to design and construct a lithium pilot processing plant at the Uis mine in Namibia, technology metals mining company AfriTin Mining stated on Tuesday. This follows metallurgical test work results of the... 

AfriTin CEO Anthony Viljoen.
AfriTin CEO Anthony Viljoen.

By leveraging three resource advantages Mpumalanga can be global just transition ‘flagship’ 

By: Terence Creamer     24th May 2022 Eskom CEO André de Ruyter has highlighted three key resource advantages that he argues could transform the coal province of Mpumalanga into a global “flagship” of the just energy transition. In an address to the Mpumalanga Energy Summit, De Ruyter argued that the province’s skilled human... 

Eskom will begin its just energy transition efforts in earnest at the Komati power station
Eskom will begin its just energy transition efforts in earnest at the Komati power station

Ferrous metals, coal most exposed to climate risk in metals and mining sector – Fitch  

By: Tasneem Bulbulia     24th May 2022 Thermal coal, blast furnace-basic oxygen furnace (BF-BOF) steelmaking and its raw materials are the segments of the metals and mining sector that are most vulnerable to long-term climate risks owing to their large direct emissions, credit ratings agency Fitch Ratings says. Demand for many... 

Anglo spinoff tackles toxic coal spill after government order

By: Bloomberg     24th May 2022 Thungela Resources is working to remedy the impact of a toxic spill in February from an old coal mine in South Africa’s eastern Mpumalanga province, Chief Executive Officer July Ndlovu said. Documents released by a shareholder activist organization on Tuesday show that Thungela -- a coal spinoff... 

AMCU says wage deal agreed with Amplats

By: Bloomberg     24th May 2022 Anglo American Platinum Ltd., the world’s biggest platinum miner by market value, has agreed to a new five-year wage deal, according to the Association of Mineworkers and Construction Union. The pivotal deal with the unit of Anglo American Plc could be signed this week and would be effective from... 

Ironveld to buy, refurbish mothballed smelter complex

By: Marleny Arnoldi     24th May 2022 Aim-listed Ironveld has signed heads of terms to acquire 100% of embattled Ferrochrome Furnaces’ (FCF’s) share capital. Ironveld has a high-purity iron, vanadium and titanium project located in the Northern Limb of South Africa’s Bushveld Complex.  

Gold Fields on track with ESG initiatives

By: Tasneem Bulbulia     24th May 2022 Gold producer Gold Fields has provided comprehensive environmental, social and governance (ESG) information through a number of recently released reports and presentations. The company says these address the increased data and information expectations of its stakeholders, including its... 

China's Huayou Cobalt to invest $300m in Zimbabwe lithium mine

By: Reuters     24th May 2022 China's Zhejiang Huayou Cobalt plans to invest $300-million on rapid development of a lithium mine and processing plant at its newly acquired Arcadia project in Zimbabwe, according to company documents seen by Reuters on Tuesday. Huayou, one of the world's biggest producers of cobalt, recently... 

Rio and BP to collaborate on biofuel

By: Esmarie Iannucci     24th May 2022 Diversified miner Rio Tinto and petroleum major BP will collaborate on a one-year biofuel trial in an effort to reduce carbon emissions from Rio’s marine fleet. Under the trial, BP is supplying marine biofuel that will be trialled on Rio’s RTM Tasman vessel on a mix of Transatlantic and... 

Image shows Rio's Pilbara ports operations

Dwyka gets its clients’ hands on technology to showcase capability

By: Donna Slater     24th May 2022 In its endeavours to “make tech tangible”, mining technology company Dwyka Mining Services hosted a mining technology showcase on May 18 to gets clients’ and potential future clients’ physical hands on technology to help them understand its capability and potential. Dwyka MD Jamie van Schoor... 

An image of a drone and operator
Dwyka Mining Services MD Jamie van Schoor with a DJI Matrice drone and Hovermap payload at Dwyka's Midrand offices

Ghanaian Vice President Bawumia to speak at this year’s Wampex

By: Darren Parker     24th May 2022 Ghanaian Vice President Dr Mahamudu Bawumia will be speaking at the upcoming West African Mining and Power Exhibition (Wampex) at the Accra International Convention Centre, Ghana, which will take place from June 1 to 3. “Looking towards the future of mining in West Africa and across the... 


Pure's holding in Botala moves ahead

By: Esmarie Iannucci     24th May 2022 ASX-listed Pure Hydrogen is poised to take a 19.9% stake in Botswana focused Botala Energy as part of a sale and purchase agreement. Pure Hydrogen last year struck an agreement with Botala for a significant shareholding in the Africa-focused energy developer, in exchange for a 21% interest in... 

Britishvolt CIO appointed as nonexec director of Eastinco

By: Darren Parker     24th May 2022 Eastinco Mining and Exploration, an exploration and development company with a portfolio of Africa-focused critical and strategic metal assets, has announced its intention to appoint gigaplant developer Britishvolt CIO Kasra Pezeshki to the board as a nonexecutive director of the company, which... 

African Pioneer starts Ongombo drilling, historic core re-sampling

By: Donna Slater     24th May 2022 Explorer and developer African Pioneer has started a 25- to 30-hole shallow diamond drilling programme on the Ongombo project in Namibia, with six holes thus far intersecting “encouraging” sulphide mineralisation with chalcopyrite at shallow depths. With projects also in Botswana and Zambia,... 

Glencore settles most bribery, manipulation investigations

By: Martin Creamer     Updated 58 minutes ago Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental social and governance (ESG) overhang over the group, 

Picture supplied
Glencore CEO Gary Nagle.

Molo Phase 1 construction budget increased by $3m; construction starts on hybrid power plant

By: Creamer Media Reporter      Updated 6 hours ago TSX-listed NextSource Materials says increases in global logistics costs has resulted in a $3-million increase in the construction budget for Phase 1 of the Molo graphite mine, in Madagascar. The Phase 1 capital cost budget is now $24-million, plus a further $3-million for working capital. 

Chaarat grows Tulkubash resource estimate

By: Creamer Media Reporter      24th May 2022 The 2021 drilling programme at Tulkubash has added about a year to the project’s mine life, Aim-listed Chaarat Gold reported on Tuesday. The drilling delivered a 13% increase in gold in the ore reserve to 647 000 oz at a grade of 0.87 g/t. 

Construction materials miners ready to assist in rebuilding flood-hit KZN infrastructure

By: Donna Slater     24th May 2022 Aspasa, formerly known as the Aggregate and Sand Producers Association of South Africa, reports that miners of building material commodities are standing ready to assist the KwaZulu-Natal provincial government and construction firms to repair roads and essential infrastructure that was damaged in... 

An image of Aspasa director Nico Pienaar
Aspasa director Nico Pienaar

Legendary lithium riches from Bolivia's salt flats may still just be a mirage

By: Reuters     24th May 2022 On Bolivia's Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a global resource race for the world's largest - and almost untapped - trove of battery metal lithium. Her village on the edge of the salar - from where most of the... 

Dividend payouts hit first quarter record, but outlook rocky

By: Reuters     24th May 2022 Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5-billion, according to a closely-watched global report, though it warned companies face a growing number of challenges in the months ahead. The war in Ukraine, geopolitical tensions, high energy and... 

Albemarle improves FY guidance on strong lithium market

By: Mariaan Webb     24th May 2022 Speciality chemicals group Albemarle on Monday announced an improved full-year 2022 guidance following additional lithium contract renegotiations to more index-referenced, variable-priced contracts. “Implementation of these contracts is a key driver of the expected year-over-year improvement in... 

Osisko Development to list in New York

By: Creamer Media Reporter      24th May 2022 The shares of North American gold mining company Osisko Development will start trading on the NYSE on Friday, the company has announced. Osisko Development, which was spun out of Osisko Gold Royalties in 2020, will retain its listing on the TSX-V. 

Stark-Anderson joins Mountain Province board

By: Creamer Media Reporter      24th May 2022 Canadian mining executive Kelly Stark-Anderson has been appointed to the board of Mountain Province Diamonds, following the departure of Dean Chambers, who has chosen to step down owing to other commitments. Stark-Anderson has more than 25 years’ experience in the legal, merger and acquisition,... 

India's top mining, steel groups warn of adverse impact from export duty hikes

By: Reuters     24th May 2022 The increase in export taxes on iron ore, announced by the Indian government over the weekend, will lead to large surpluses at home, and mainly hit producers of low grade ores that depend on overseas markets, a mining industry body said on Monday. On Saturday, the government announced that with... 

Chile to cushion the blow of glacier ban on giant copper mines

By: Bloomberg     24th May 2022 Chile’s government is looking at a gradual implementation for a proposed ban on mining near glaciers in order to limit the impact on some of the world’s biggest copper mines and their planned projects high in the Andes. In an interview Monday, Mining Minister Marcela Hernando identified about 20... 

Chile to cushion the blow of glacier ban on giant copper mines

Resolution appoints new MD

By: Esmarie Iannucci     24th May 2022 Junior Resolution Minerals has appointed Steven Groves as the new MD, starting July 1. Groves has a Bachelor of Applied Geology (Honours) and a Master’s of Economic Geology the University of Tasmania and is a member of the Australian Institute of Geoscientists and the Society of Economic... 

Kingsgate secures refinery for Chatree ore

By: Esmarie Iannucci     24th May 2022 The restart of the Chatree gold mine, in Thailand, has progressed further, with owner Kingsgate Consolidated announcing the appointment of a refiner to process gold and silver ore produced from the mine. Kingsgate on Tuesday announced that Precious Metal Refining Company (PMR) had been appointed... 

Rafaella sharpens focus on Canada

By: Esmarie Iannucci     24th May 2022 ASX-listed Rafaella Resources has shifted its focus to battery minerals exploration in Canada, announcing the acquisition of a second battery metals project in the region, adjacent to its existing Midrim and Laforce platinum group metal (PGM)/nickel/copper sulphide assets. The company has inked... 

Westgold CEO steps down

By: Esmarie Iannucci     24th May 2022 Gold miner Westgold Resources has announced the immediate resignation of CEO Debbie Fullarton, who will be pursuing other opportunities after four years with the company. Wayne Bramwell has been appointed to the role of MD effective immediately, while the separate role of CEO has been terminated. 

Sevenfold increase in yearly clean hydrogen needed to hit 2050 net-zero target 

By: Martin Creamer     23rd May 2022 Annual production of clean hydrogen would need to increase more than sevenfold for the world to hit net zero in 2050, say the leading founders of McKinsey & Company’s platform for climate technologies, Bernd Heid of Cologne, Martin Linder of Munich, and Mark Patel of San Francisco, who add that... 

AdobeStock solar pic
South Africa's sun and wind can contribute to crucial job creation.

Implats buys more RBPlat shares

By: Tasneem Bulbulia     23rd May 2022 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     23rd May 2022 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... 

An image showing visible gold from Shanta Gold's drilling programme
Visible gold

NUM calls for Sibanye’s gold mining rights to be revoked

By: Darren Parker     23rd May 2022 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
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

Akobo confident its Segele mine will generate $50m in free cash flow in two years

By: Marleny Arnoldi     23rd May 2022 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  

23rd May 2022 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... 

Andy Sherring unpacks his book 'Don’t Digitise Your Rubbish: Integrate, Simplify, and Systematise Your Operations' (Camera & editing: Nicholas Boyd)

Nornickel cuts estimate of 2022 global palladium deficit

By: Reuters     23rd May 2022 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      23rd May 2022 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     23rd May 2022 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... 

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