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Anglo Platinum evaluating multiple renewable energy forms  

By: Martin Creamer     Updated 5 hours ago As a result its geographic distribution across South Africa, the Anglo American group is collectively evaluating options to access multiple forms of renewable energy, Anglo American Platinum (Amplats) CEO Natascha Viljoen said on Monday. The JSE-listed company has already completed the design and... 

Anglo American Platinum presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost 

By: Martin Creamer     26th July 2021 The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact... 

This picture was taken during the presentation of results on26 July 2021
Photo by Creamer Media
Anglo American Platinum CEO Natascha Viljoen

Rio Tinto inks power deal to supply its ilmenite operation in Madagascar 

By: Donna Slater     Updated 7 hours ago Diversified miner Rio Tinto has signed a power purchase agreement for a new renewable energy plant to power the operations of its QIT Madagascar Minerals (QMM) ilmenite mine in Fort Dauphin, southern Madagascar. The renewable energy plant, to be built, owned and operated by independent power... 

Zimplats plans 185 MW solar power plants

By: Reuters     26th July 2021 Impala Platinum Holdings Zimbabwe unit Zimplats plans to build two solar power plants with generation capacity of 185 MW to power its operations, the country's energy regulator said on Monday. The Zimbabwe Energy Regulatory Authority said Zimplats, the biggest platinum group metals producer in... 

Weekly Coal Index Report

26th July 2021 Australian coal prices continue to firm as the Newcastle vessel queue sticks above 40, ensuring the FOB spread remains well over U$25 in favour of Australian coal. However, at around US$150, Newcastle prices may have topped out for now. Chinese domestic prices are also a little softer, after a... 

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Mining industry reaffirms its willingness to boost vaccination rollout

By: Donna Slater     Updated 6 hours ago The Minerals Council South Africa and several labour unions reiterate their support for South Africa’s national vaccination programme, urging all industry employees to choose to get vaccinated as soon as they have the opportunity to do so. The labour unions include the Association of Mineworkers... 

Sasol partners with Mpumalanga govt, launches five-day vaccination drive

By: Yvonne Silaule     Updated 6 hours ago Energy and chemicals company Sasol's Secunda operations has, in partnership with the Mpumalanga government, launched a five-day Covid-19 vaccination drive, starting on July 26. This formed part of the preparation for the operations' upcoming annual maintenance shutdown taking place from August 30... 

Merafe lifts interim output

By: Tasneem Bulbulia     Updated 7 hours ago JSE-listed Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended June 30 was 199 000 t, a 65.6% increase year-on-year. The increase was mainly owing to current production being less affected by the Covid-19 restrictions, coupled with... 

Wits to host two short courses to empower mining leaders

By: Donna Slater     Updated 6 hours ago The Wits Mining Institute (WMI) will be hosting two of its Empowering Leaders short courses, in a face-to-face format, from August 23 to 28. The first course will focus on long-term systems thinking and planning in the minerals sector, equipping leaders with skills and insights to understand,... 

An image of Wits Mining Institute's Julie Courtnage
Wits Mining Institute course presenter Julie Courtnage

Amplats welcomes new nonexec directors to board

By: Simone Liedtke     26th July 2021 Nolitha Fakude and Anik Michaud are joining Anglo American Platinum’s (Amplats’) board as nonexecutive directors with effect from July 26. They succeed Stephen Pearce and Tony O’Neill, who have stepped down as nonexecutive directors. 

Master Drilling appoints Mamokete Ramathe to board

By: Tasneem Bulbulia     Updated 6 hours ago JSE-listed Master Drilling has appointed Mamokete Ramathe as independent nonexecutive director to the board, with effect from July 26. She is the founder and CEO of Mamor Capital, an investment company with interests in the information and communications technology sector. 

Australia diamond junior Burgundy sets A$50m raising target

By: Esmarie Iannucci     26th July 2021 ASX-listed Burgundy Diamond Mines will raise nearly A$50-million to accelerate its diamond strategy. The company on Monday reported that it had received binding commitments from institutional and sophisticated investors to raise A$49.7-million, of which A$34.5-million would be raised through an... 

Image shows Australian currency

Los Filos blockade removed, mine restarts

By: Creamer Media Reporter      Updated 6 hours ago The union blockade at the Los Filos mine, in Mexico, has been removed and access to the mine has been restored, dual-listed Equinox Gold reported on Monday. Operations at the mine have resumed, although certain members of the Xochipala community remain camped near the Guadalupe and Bermejal... 

G-20 Ministers stumble over coal

By: Bloomberg     26th July 2021 Environmental Ministers from the Group of 20 nations were unable to reach full agreement on key climate goals, just 100 days before a critical international conference kicks off. Even after marathon negotiations that ran through the night, the ministers couldn’t find common ground on phasing out... 

Galantas kicks off new drilling programme at Omagh

By: Creamer Media Reporter      26th July 2021 TSX-V and Aim-listed Galantas Gold on Monday announced a new surface and underground exploration programme, comprising 4 000 m of diamond drilling at the Omagh gold mine, in Northern Ireland. Drilling would focus on the Kearney and Joshua veins, two of many high-priority targets on the company’s... 

Galantas kicks off new drilling programme at Omagh

Harte Gold discovers new greenfield area near Sugar Zone

By: Creamer Media Reporter      26th July 2021 The share price of junior Harte Gold rose on Friday, as the embattled company announced the discovery of a new greenfield mineralised area about 8.5 km north-west of its Sugar Zone mine, in Ontario. The discovery of the area, named the 007 Showing, was the result of the company’s ongoing... 

Mining studies confirm Finniss potential

By: Esmarie Iannucci     26th July 2021 The Finniss lithium project, in the Northern Territory, could deliver significant income for developer Core Lithium, studies have shown. Core on Monday released an updated definitive feasibility study (DFS) for the Finniss project, which incorporated a 30% increase in the ore reserves, which... 

Judge rules Lithium Americas may excavate Nevada mine site

By: Reuters     26th July 2021 A US federal judge has ruled that Lithium Americas may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from environmentalists who said the digging could harm sage grouse and other wildlife. The ruling marked a rare win for a US critical minerals project... 

Canadian union Unifor starts strike at Rio Tinto operations

By: Reuters     26th July 2021 Canadian union Unifor said on Sunday about 900 workers had started strike action at global miner Rio Tinto's operations in the western Canadian province of British Columbia. Unifor issued a 72-hour strike notice on Wednesday after nearly seven weeks of unproductive talks over proposed changes to... 

Canadian union Unifor starts strike at Rio Tinto operations

Decmil raises funds

By: Esmarie Iannucci     26th July 2021 Resource and infrastructure services provider Decmil on Monday announced that it had secured A$30-million in funding to support its growth working capital requirements. The ASX-listed company has agreed to a A$20-million debt financing and A$10-million equity placement to progress its growth... 

Troy reports maiden reserve for Smarts Underground

By: Esmarie Iannucci     26th July 2021 ASX-listed Troy Resources has reported a maiden ore reserves for its Smarts Underground project, in Guyana, of 1.08-million tonnes, grading at 2.6 g/t gold for 89 4000 oz of contained gold. The maiden ore reserve followed on from a mineral resource estimate of 3-million tonnes, at 3 g/t gold... 

Blackstone's downstream dreams solidified

By: Esmarie Iannucci     26th July 2021 A downstream prefeasibility study (PFS) into upgrading nickel sulphite concentrate into battery grade nickel has proven positive for ASX-listed Blackstone Minerals. Blackstone on Monday noted that the PFS into a refinery at Ta Khoa, in Vietnam, has estimated that the project would require a... 

Santos reports first oil from Van Gogh Phase 2

By: Esmarie Iannucci     26th July 2021 Oil and gas major Santos on Monday announced first oil from the Van Gogh Phase 2 infill development, with the first of three new production wells producing at the highest initial rate from an individual well in field history. Following completion and tie-in, the first well has produced at a peak... 

Lynas reports record revenues

By: Esmarie Iannucci     26th July 2021 Rare earths miner Lynas has reported record sales revenues for the quarter ended June, on the back of strong market pricing. The ASX-listed company on Monday noted that sales revenue for the three months to June reached A$!84.9-million, up from the A$110-million reported in the fourth quarter.  

Metals make climate change mitigation possible – Citi Research 

By: Martin Creamer     23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... 

A graphic compiled the Citi Research on the fast and moderate way of meeting the Paris climate change accord.
Complying with the Paris agreement on climate change mitigation.

Berkeley takes first steps to overturn unfavourable Salamanca decision

By: Creamer Media Reporter      23rd July 2021 Uranium developer Berkeley Energia has taken the first steps to overturn the unfavourable decision by the Nuclear Safety Council (NSC) for its Salamanca project in Spain. The NSC earlier this month blocked the London-headquartered company’s planned uranium in the west of Spain on safety... 

Akobo confident of small-scale mining potential with Segele exploration

By: Donna Slater     23rd July 2021 Ethiopia-based gold explorer Akobo Minerals reports that it has found a continuation of a high-grade gold zone at depth, beneath the Segele mineral resource, with new assays demonstrating that the high-grade mineralisation extends to at least 145 m and quite possibly deeper. The resource... 

Commodities boom presents opportunities for investors

By: Tasneem Bulbulia     23rd July 2021 The mining sector has emerged as a bright spot in the South African economy and investors are benefitting from this.   Specialist index fund manager 1nvest executive Johann Erasmus tells Mining Weekly that the recent commodities boom is attributable to a combination of delays in the global supply... 

Report calls for freeze on new coal, warns of risks if energy transition is delayed 

By: Terence Creamer     23rd July 2021 South Africa should freeze investment in new private coal plants, as delaying South Africa’s “inevitable” transition away from the carbon-emitting energy mineral will cause economic damage, a new Trade & Industrial Policy Strategies (TIPS) analysis on the country’s coal value chain states.... 

An image of a coal mining vehilce with a power station in the background.

Commission conditionally approves Bright Minerals, Mogale merger

By: Simone Liedtke     23rd July 2021 The South African Competition Commission has conditionally approved the proposed merger whereby miner Bright Minerals intends to acquire ferrochrome producer Mogale. Mogale was previously owned by Nasdaq- and London-listed specialist alloy producer Afarak Group, which placed its South African... 

Tirupati advances development of graphene R&D centre

By: Simone Liedtke     23rd July 2021 Specialist graphite producer Tirupati Graphite has commissioned Stage 1 of its Tirupati Graphene and Mintech Research Centre (TGMRC), in India, which is focused on graphene manufacturing and applications development, advanced materials development and mineral processing technology development.... 

Cora Gold targeting resource growth with southern Mali drill programme

By: Simone Liedtke     23rd July 2021 West African-focused gold explorer Cora Gold is targeting resource growth at its Sanankoro gold project, in southern Mali, and has received the eighth set of drill results from the drill campaign at the project. The results, to date, have been “extremely encouraging”, with good widths and... 

BHP signs conditional port agreement for Canada potash mine

By: Mariaan Webb     23rd July 2021 Global mining major BHP has signed an agreement with Vancouver-based Westshore Terminals to handle potash for its Jansen mine, in Saskatchewan, Canada. This is according to the terminal operator, which said on Thursday that the agreement was subject to approval by the BHP board and conditional... 

An image showing the Westshore terminal infrastructure at night.

Brazil prosecutors target final Samarco dam settlement this year

By: Bloomberg     23rd July 2021 A final settlement between Brazilian authorities and the Samarco iron-ore venture can be reached this year, bringing legal certainty to owners Vale and BHP six years after a devastating tailings dam collapse. That’s according to federal prosecutor Carlos Bruno Ferreira da Silva, who said in an... 

Hudson says Greenland projects unaffected by legislative changes

By: Creamer Media Reporter      23rd July 2021 Proposed legislation changes to ban uranium prospecting, exploration and exploitation in Greenland will not affect Hudson Resources’ projects in that country, president Jim Cambon said on Thursday. The ban does not cover other radioactive elements, such as thorium, although the proposed Bill... 

Newmont to make decision on new Peru investment by December

By: Mariaan Webb     23rd July 2021 US-based gold major Newmont will decide on a $2-billion investment at its Yanacocha mine, in Peru, by December and CEO Tom Palmer says the company is ready to engage with the incoming government of Pedro Castillo over the next six months. In a conference call with analysts on Thursday, Palmer... 

A panoramic view of Yanacocha Latin American's biggest gold mine in the Andean city of Cajamarca, north of Lima.
Panoramic view of Yanacocha Latin American's biggest gold mine in the Andean city of Cajamarca, north of Lima.

Orion Minerals, SAIMM, Anglo American make headlines   

23rd July 2021 Mining Weekly Editor Martin Creamer unpacks the news that over 14 000 South Africans own shares in Orion minerals, which is good support for local minerals exploration; a mine has achieved a massive earnings boost following the employment of four more people and guided by a value driver tree... 

Orion Minerals, SAIMM, Anglo American make headlines

Platinum giants eye solar power as green answer to blackouts

By: Bloomberg     23rd July 2021 The world’s biggest platinum miners are ramping up plans to build renewable energy plants to free them from power outages that have plagued South Africa for more than a decade and to reduce their carbon footprint. Sibanye-Stillwater, the No. 1 platinum miner, Impala Platinum Holdings and Anglo... 

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Anglo Platinum evaluating multiple renewable energy forms

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Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers

Mine achieves massive earnings boost after employing four more people

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