https://www.miningweekly.com
R/€ = 18.05 Change: 0.13
R/$ = 14.88 Change: 0.11
Au 1869.49 $/oz Change: 14.18
Pt 1104.06 $/oz Change: 5.83
 
Close

Email me free daily news

Email address

Sibanye's South African platinum operations exceed output guidance 

By: Donna Slater     20th January 2021 JSE- and NYSE-listed precious metals miner Sibanye-Stillwater achieved improved production from all the operating segments in the second half of 2020, compared with the first half of the year. Production of platinum group metals (PGMs) from Sibanye-Stillwater’s South African operations for the... 

Sibanye's South African platinum operations exceed output guidance

Chrome market could change with new export tax regime, dissuading Chinese offtake 

By: Donna Slater     20th January 2021 A “delicate” balancing act between chrome ore mining and stainless steel production may be under threat as South Africa changes its export tax regime to boost the commodity’s “welfare benefits” and to favour local chrome buyers instead of foreign buyers, Simon le Roux, a student at Rhodes... 

Raising distributed-generation licensing threshold to 50 MW would unlock at least 5 000 MW in five years, survey shows 

By: Terence Creamer     20th January 2021 Lifting the licensing threshold for distributed-generation projects to 50 MW or higher could unlock an estimated 5 000 MW of additional capacity in five years and go a long way to rapidly easing South Africa’s debilitating power supply constraints. This is the conclusion of a Meridian Economics... 

Raising distributed-generation licensing threshold to 50 MW would unlock at least 5 000 MW in five years, survey shows

Elandsfontein water use licence hearing postponed again

By: Donna Slater     20th January 2021 The hearing into Aim-listed phosphate explorer and developer Kropz’s Elandsfontein project’s integrated water-use licence (WUL) has been rescheduled for February 1. Kropz notes that the Water Tribunal will be resumed in February following a number of postponements since March 2020 owing to... 

Tharisa extends option to acquire shareholding in Salene Chrome Zimbabwe

By: Tasneem Bulbulia     20th January 2021 Aim-listed Tharisa has extended the option to acquire a 90% shareholding in Salene Chrome Zimbabwe to March 31. Tharisa in May 2018 advised that it had acquired an option to acquire a 90% shareholding in Salene from Leto Settlement. 

Platinum could be a key component for future space travel, says WPIC

By: Donna Slater     20th January 2021 Platinum investment stimulator the World Platinum Investment Council (WPIC) posits that platinum could assist in space travel, having had long-term associations with space exploration. Platinum catalysts in hydrogen fuel cells were part of the pioneering technology that paved the way for the... 

Tirupati appoints adviser to support research centre development

By: Donna Slater     20th January 2021 Graphite producer and graphene developer Tirupati Graphite has appointed Dr Matthieu Gresil as adviser and consultant to the company for market research and development of graphene products, as well as to support the development of its Tirupati Graphene and Mintech Research Centre (TGMRC), in... 

Capital appoints Giles Everist CFO

By: Simone Liedtke     20th January 2021 LSE-listed Capital has appointed Giles Everist CFO. He will take up the position from March 1. Everist will succeed Andre Koekemoer, who has resigned to return to South Africa for personal reasons. 

Shanta records higher reserves and resources

By: Tasneem Bulbulia     20th January 2021 Aim-listed Shanta Gold's net reserves have increased by 37 000 oz in 2020. Providing an update on group-wide reserves and resources for its portfolio of gold projects in Tanzania and Kenya as at December 31, 2020, the company notes that its reserves in Tanzania, where it owns the New Luika gold... 

Cora records further positive drill results at Sanankoro gold project

By: Tasneem Bulbulia     20th January 2021 Aim-listed Cora Gold has recorded further drill results on the Dako II permit, which is contiguous with its flagship Sanankoro gold project, and the Tagan permit adjacent to the north of Aim-listed Hummingbird Resources' Yanfolila mine, in southern Mali. The Dako II drilling builds on the... 

BHP sets iron-ore records

By: Esmarie Iannucci     20th January 2021 Diversified major BHP has reported record production from its Western Australian iron-ore operations, along with record average concentrator throughput at its Escondida copper joint venture, in Chile, during the half year ended December. “BHP delivered strong safety and operational performance... 

BHP sets iron-ore records
BHP CEO MIKE HENRY

Aggreko to implement hybrid power solution for Gold Field’s Salares Norte in Chile

By: Tasneem Bulbulia     20th January 2021 Mobile and modular power solutions provider Aggreko has signed a ten-year contract with global miner Gold Fields to provide a 25.9 MW hybrid solar and thermal power solution for the Salares Norte openpit gold/silver mine, in Chile. This solution has been designed to provide power for the entire... 

First Mining declares Springpole reserve as it marks PFS milestone

By: Mariaan Webb     20th January 2021 Toronto-listed First Mining on Wednesday announced the results of a prefeasilbity study for its Springpole gold project and declared the project’s first-ever mineral reserves. Springpole, in Red Lake, has proven and probable reserves of 3.8-million ounces of gold, 20.5-million ounces of silver,... 

First Mining declares Springpole reserve as it marks PFS milestone
View from the Springpole site

Copper mineralisation found through 940 m of first-hole drilling at Bushranger

By: Donna Slater     20th January 2021 Drilling of the first of three holes at Xtract Resources’ Bushranger copper/gold exploration project, in Australia, has thus far found copper mineralisation at a depth of 110 m, with mineralisation continuing over a 940 m interval to about 1 050 m depth, 235 m past the original planned finishing... 

China rescuers prepare escape route for trapped gold miners

By: Reuters     20th January 2021 Rescue teams on Wednesday drilled new holes down a gold mine in China's Shandong province, searching for more survivors after an explosion 10 days ago and preparing an escape passage for a group known to still be alive, state media reported. A total of 22 workers were trapped underground in the... 

Biden to bar Keystone pipeline in reversal of early Trump move

By: Bloomberg     20th January 2021 Joe Biden will cancel the Keystone XL oil pipeline hours after becoming president on Wednesday, killing once again a cross-border project that had won a four-year reprieve under his Republican predecessor, Donald Trump. In one of his first major environmental actions, Biden will revoke TC... 

Biden to bar Keystone pipeline in reversal of early Trump move

Los Pelambres expansion to cost extra $400m, says Antofagasta

By: Mariaan Webb     20th January 2021 Chile copper miner Antofagasta has revised the capital cost estimate for its Los Pelambres expansion project to $1.7-billion, from the original guidance of $1.3-million, mainly owing to revised marine works. The project, which will add about 60 000 t/y to the mine’s production, will be completed... 

Los Pelambres expansion to cost extra $400m, says Antofagasta
Los Pelambres

China bought most iron-ore from Australia, Brazil in 2020, but imports from India up nearly 90%

By: Reuters     20th January 2021 Australia and Brazil, the world's two largest iron-ore producers, remained China's top suppliers in 2020, but imports from India soared 88% as Chinese mills diversified sources amid sky-high raw materials prices. Australian shipments rose 7% to 713-million tonnes, while Brazilian supplies were... 

China bought most iron-ore from Australia, Brazil in 2020, but imports from India up nearly 90%

China's imports of Australian copper ore crash to zero in December

By: Reuters     20th January 2021 China's imports of copper concentrate from Australia dried up completely in December, customs data showed on Wednesday, as smelters shunned Australian supply amid tense bilateral ties. Imports of copper ores and concentrates from Australia were zero tonnes last month, according to General... 

China's imports of Australian copper ore crash to zero in December

Forrest's Wyloo seals third Canadian deal

By: Mariaan Webb     20th January 2021 Australian mining billionaire Andrew Forrest’s Wyloo Metals has sealed a new Canada nickel deal, focusing on the drill-ready West Ragland nickel project in Nunavik, Quebec. Wyloo has signed a C$25-million option and joint venture agreement with TSX-V-listed Orford Mining to acquire up to 80% of... 

Forrest's Wyloo seals third Canadian deal

Talga increases SPP kitty

By: Esmarie Iannucci     20th January 2021 ASX-listed Talga has taken the decision to increase the size of its recently completed share purchase plan (SPP) from the A$10-million targeted in December, to some A$30-million, after the placement was heavily oversubscribed. The company on Wednesday revealed that it had received applications... 

Iamgold targets 1Moz in 2 to 3 years – Stothart

By: Mariaan Webb     20th January 2021 Canadian gold miner Iamgold will join the one-million-ounce-a-year producer club in the next two to three years, CEO Gordon Stothart said on Tuesday, announcing that the company has achieved its 2020 production target with output of 653 000 oz. Iamgold is currently building the $1.3-billion Côté... 

Iamgold targets 1Moz in 2 to 3 years – Stothart

Relief Canyon to reach full production by May 2021

By: Simone Liedtke     20th January 2021 TSX-listed Americas Gold and Silver Corporation’s Relief Canyon mine, in the US, will ramp up to full production in the second quarter of this year, after having achieved commercial production earlier this month. Based on a July 2018 feasibility study, the company anticipates production of about... 

Relief Canyon to reach full production by May 2021
A photo of the stacker at Relief Canyon.

New Century's rehab costs decline

By: Esmarie Iannucci     20th January 2021 The Queensland Department of Environment and Science has agreed to a A$14.1-million reduction of the estimated rehabilitation cost (ERC) for the New Century zinc mine. ASX-listed New Century Resources on Wednesday told shareholders that the ERC has now been reduced to A$183.9-million, following... 

Miners welcome skills tweak

By: Esmarie Iannucci     20th January 2021 The resources sector has welcomed the mining skills qualification reform trial project announced by the Australian government on Wednesday, saying it would help more workers get faster access to qualifications for employment in the minerals industry. A qualification design trial is now underway... 

Centerra wraps up $210m Greenstone sale

By: Mariaan Webb     20th January 2021 Canadian gold miner Centerra Gold has completed the sale of its 50% interest in the Greenstone Mines Partnership (GGM) to an affiliate of the Orion Mine Finance Group. Centerra received an upfront cash payment of $210-million for its stake in GGM, which owns the Hardrock project in Ontario. 

Centerra wraps up $210m Greenstone sale

Govt invests in CopperString decision

By: Esmarie Iannucci     20th January 2021 The federal government on Wednesday announced support of up to A$11-million to help progress the CopperString 2.0 project towards a final investment decision in 2021. The CopperString 2.0 development is a high voltage transmission line that will connect Mount Isa and the North West Minerals... 

New timeframe considered for New Elk

By: Esmarie Iannucci     20th January 2021 Coal developer Allegiance Coal has raised a further A$2-million through the issue of convertible notes under a A$8-million convertible note arrangement with Mercer Street Global Opportunity fund, to bring forward production at its New Elk mine, Colorado. The total value of funds raised under... 

Pure Hydrogen hubs planned across Australia

By: Esmarie Iannucci     20th January 2021 The hydrogen division of ASX-listed Real Energy Corporation, Pure Hydrogen Corporation, has signed a binding term sheet with privately held hydrogen project development company Liberty Hydrogen to establish a joint venture (JV) in the US. The JV, known as Pure Hydrogen International, would... 

FAR advances Woodside transaction

By: Esmarie Iannucci     20th January 2021 ASX-listed FAR has inked a sale and purchase agreement with energy major Woodside over its rights over the Rufisque offshore, Sangomar offshore and Sangomar deep offshore (RSSD) contract area, offshore Senegal. Woodside last year exercised its pre-emptive right to FAR’s interest in the RSSD... 

Big River reviewing Borborema work

By: Esmarie Iannucci     20th January 2021 ASX-listed Big River Gold is accelerating key civil works at its Borborema gold project, in Brazil, and is investigating plant design options to better facilitate future expansions, while also allowing for the restart of exploration. A 2020 definitive feasibility study (DFS) estimated that the... 

Project launched to define role of finance in South Africa and India’s ‘just transitions’ 

By: Terence Creamer     19th January 2021 A new multi-partner initiative has been launched with the aim of defining the role that finance can and should play in supporting both South Africa and India’s aspirations to implement “just transitions” to more climate-resilient economies. The ‘Just Transition Finance Roadmaps in South Africa... 

 Project launched to define role of finance in South Africa and India’s ‘just transitions’

Tanzania and Kabanga Nickel strike deal to develop nickel project

By: Reuters     19th January 2021 Tanzania and UK-based mining firm Kabanga Nickel Limited signed a framework agreement on Tuesday to jointly develop the Kabanga nickel project formerly owned by Barrick Gold and Glencore. Foreign minister Palamagamba Kabudi said during a signing ceremony in Bukoba that the government would own a... 

November mining production down 11.6% y/y

By: Donna Slater     19th January 2021 Statistics South Africa (Stats SA) reports that South Africa’s mining production decreased by 11.6% year-on-year in November, largely owing to iron-ore output having decreased by 35.3%, contributing 3.9 percentage points. Platinum group metals (PGMs) also dragged the industry’s performance down,... 

Ewoyaa scoping study sets out low capital cost

By: Donna Slater     19th January 2021 Aim-listed explorer IronRidge Resources has completed a scoping study on the Ewoyaa lithium project in Ghana, which supports a business case for a two-million-tonne-a-year operation with an eight-year life-of-mine (LoM), LoM revenues exceeding $1.55-billion and significant potential to extend the... 

Baker McKenzie, Implats recognise hydrogen's potential

By: Marleny Arnoldi     19th January 2021 Law firm Baker McKenzie has advised JSE-listed Impala Platinum Holdings (Implats) on its investment into the AP Ventures Fund II, which focuses on companies developing sustainable hydrogen energy technologies. Implats had taken a significant “Limited Partner” stake and advisory board seat in... 

Platinum group metals playing role in Switzerland’s green hydrogen roll-out  

By: Martin Creamer     19th January 2021 Platinum group metals (PGMs), which South Africa hosts in greater abundance than any other country on earth, are playing important catalytic roles in Switzerland’s green hydrogen and green truck rollout, which is now under way. Mining Weekly can today report that proton exchange membrane (PEM)... 

Hyundai Hydrogen Mobility CEO Mark Freymueller is interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Vedanta agrees to settlement with Zambian villagers over pollution claims

By: Marleny Arnoldi     19th January 2021 UK-based law firm Leigh Day has confirmed in a statement that global diversified miner Vedanta Resources has agreed to pay a settlement for all claims brought against it by Zambian claimants related to alleged pollution around the Konkola Copper Mines (KCM) operations. Without admission of... 

Latest News  by  

more

Company Post

more

Latest Videos and Audio

Platinum group metals playing role in Switzerland’s green hydrogen roll-out

China importing SA coal, PGMs in a greener world make headlines

Resources Watch

New ‘green’ platinum project leaps out of starting blocks, will use 82% less electricity

South Deep Covid protocols, platinum demand, decarbonisation make headlines

US company planning at least 500 hydrogen fuelling stations in next 3 to 5 years

Gold mine ups return-to-work protocols as Covid infection numbers spike

On-The-Air (11/12/2020)

more

Services News

Consulting Engineers

Contract mining

Crushing and Screening

Drilling and Tunnelling

Earthmoving

Energy Services

Explosives

Furnaces and Kilns

Material Handling

Opencast/Quarries

Pumps

Valves

Company Announcements

more

 

Projects

Press Office

more

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

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

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

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