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Green hydrogen study integrating SADC ahead of trillion dollar market emergence  

By: Martin Creamer     23rd September 2020 A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADF) region ahead of the projected opening up of a trillion dollar market going into the future. Funded €5.7-million by the Germany Federal Ministry of... 

Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables 

By: Terence Creamer     23rd September 2020 A new study, which outlines global best practices for just-transition journeys, includes ten lessons for South Africa to consider as the country prepares to navigate what it hopes will be a just transition, over the coming decades, from an electricity sector based on coal to one based... 

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables

Output expectations at Gruyere adjusted

By: Esmarie Iannucci     Updated 31 minutes ago Gold miner Gold Road Resources has reported a seven-day interruption at its Gruyere joint venture (JV) with Gold Fields, in Western Australia. The company said that a ball mill motor bearing failure occurred on a restart of the Gruyere processing facility after a scheduled maintenance shutdown.... 

Output expectations at Gruyere adjusted

Steelpoortdrift advances to PFS  

By: Esmarie Iannucci     23rd September 2020 A scoping study into the Steelpoortdrift vanadium project, in South Africa, has estimated that the project would require a capital investment of $161.5-million, ASX-listed Vanadium Resources said. The study estimated that the project produce between 18.7-million and 20.8-million pounds of... 

Steelpoortdrift advances to PFS

Tshipi continues to deliver

By: Esmarie Iannucci     Updated 1 hour 4 minutes ago ASX-listed Jupiter Mines on Thursday said that production and exports from its Tshipi Borwa manganese mine, in South Africa, remained on track, despite the project tracking behind plan. The company told shareholders that overall mining volumes during the quarter ended August were below plan as... 

Russian plan to dig biggest Zimbabwe platinum mine clears hurdle

By: Bloomberg     23rd September 2020 A project that aims to develop Zimbabwe’s biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a $500-million syndicated funding programme. While some work has started on the mine, with... 

WPIC expects ETF inflows to taper down in last quarter after record highs

By: Marleny Arnoldi     23rd September 2020 Platinum exchange-traded funds (ETFs) saw significant inflows in the second quarter, with holdings having increased by 122 000 oz. This compares to outflows of 213 000 oz during the first quarter, which mostly occurred in March when some investors sold platinum to raise cash amid a global... 

Gold may hit record before year-end on election risk, Citi warns

By: Bloomberg     23rd September 2020 Gold could hit a record before the year-end, aided in part by the risks surrounding the US Presidential election, according to Citigroup. Uncertainty over the contest and delays about the outcome may “be under-appreciated by precious metals markets", analysts including Aakash Doshi said in a... 

Gold may hit record before year-end on election risk, Citi warns

B2Gold is comfortable being in Mali – CEO

By: Mariaan Webb     23rd September 2020 Canada-based gold miner B2Gold has not lost any production because of Covid-19 or the recent military coup in Mali and believes that the political situation in the West African nation is “heading in the right direction”. Commenting on the August military coup that saw Ibrahim Boubacar Keita... 

B2Gold is comfortable being in Mali – CEO
B2Gold CEO Clive Johnson

Mashaba vows retrieval of bodies from 2016 accident at Lily mine 

By: Sane Dhlamini     23rd September 2020 ActionSA leader Herman Mashaba on Wednesday said his party’s legal team will aim to present the Department of Mineral Resources and Energy with a court order to retrieve the container at Lily mine in which three miners were trapped during a 2016 mine collapse. Three miners – Yvonne Mnisi, Pretty... 

Mashaba vows retrieval of bodies from 2016 accident at Lily mine
ActionSA leader Herman Mashaba

Glencore says Kamoto Copper Company ramping up to full production

By: Reuters     23rd September 2020 Glencore's head of Africa copper on Tuesday said its Democratic Republic of Congo subsidiary Kamoto Copper Company (KCC) is ramping up to full production and should produce 270 000 t of copper as cathode in 2020. KCC is also expected to produce 25 000 t of cobalt hydroxide, Glencore's Mark Davis... 

Buffalo Coal subsidiary granted 30-year mining right

By: Creamer Media Reporter      23rd September 2020 TSX-V- and AltX-listed Buffalo Coal's 70%-owned subsidiary, Zinoju Coal, has been granted a 30-year mining right to mine coal primarily from the Aviemore North Adit reserves, in Dundee, in South Africa's KwaZulu-Natal province. Zinoju holds a 100% interest in the Aviemore anthracite mine. 

Altus Strategies to trade on highest-tier OTC market in the US

By: Simone Liedtke     23rd September 2020 Mining royalty company Altus Strategies’ ordinary shares on the over-the-counter trading (OTCQX) Best Market in the US started on September 23. Altus CE Steven Poulton says trading on the OTCQX will “provide the opportunity for more investors to participate in [the company’s] continued strong... 

Pasofino gains 49% stake in Dugbe JV

By: Donna Slater     23rd September 2020 Aim-listed Hummingbird Resources reports that 49% of its Dugbe gold project in Liberia will be transferred to Pasofino Gold as part of the latter’s acquisition of ARX Resources. Prior to the acquisition, ARX Resources held the 49% stake in the Dugbe gold project, which it was operating under a... 

World Jewellery Confederation welcomes new ISO diamond grading standard

By: Marleny Arnoldi     23rd September 2020 The World Jewellery Confederation (Cibjo) has welcomed the new publication by nongovernmental body International Standards Organisation (ISO) of the internationally recognised diamond grading standard and says it is a historic moment for the global diamond industry. The confederation explains... 

World Jewellery Confederation welcomes new ISO diamond grading standard

Lindian takes majority stake in Guinea bauxite project

By: Esmarie Iannucci     23rd September 2020 ASX-listed junior Lindian Resources has struck an agreement with privately held Sarmin Bauxite to acquire a 75% interest in the Lelouma bauxite project, in the Republic of Guinea. Under the terms of the agreement, Lindian would issue more than 30.67-million shares, at an implied price of 1.6c... 

Jaguar scoping due early 2021

By: Esmarie Iannucci     Updated 1 hour 2 minutes ago A scoping study into a high-grade nickel concentrate operation, at the Jaguar mine in Brazil, is slated for completion early in 2021, ASX-listed Centaurus Metals said this week. MD Darren Gordon told shareholders that the scoping study for the Jaguar project would lay the foundation for... 

Focus adds to Karridale resource

By: Esmarie Iannucci     Updated 2 hours 15 minutes ago Junior Focus Minerals has reported a 60% increase to the mineral resource at its Karridale gold deposit, at its Laverton gold project. The depsit is now estimated to host an indicated and inferred mineral resource of 27.7-million tonnes, grading 1.33 g/t gold for 1.19-million ounces, supporting... 

BHP joins copper hunt in NT

By: Esmarie Iannucci     Updated 2 hours 16 minutes ago Diversified major BHP has taken an option agreement over junior Encounter Resource’s Elliott copper project, in the Northern Territory. The option agreement provides BHP with the right to enter into an earn-in and joint venture (JV) agreement for up to a 75% interest in the project by spending... 

Macquarie joins Cape Hardy port plans

By: Esmarie Iannucci     Updated 2 hours 17 minutes ago ASX-listed Iron Road on Thursday announced that Macquarie Capital had entered into a joint development agreement to advance the development and financing plans for the proposed A$250-million Cape Hardy Stage 1 multi-user, multi-commodity port facility. Iron Road, Macquarie and the Eyre Peninsula... 

Altura readies for offtake vote

By: Esmarie Iannucci     Updated 2 hours 19 minutes ago The shareholders of lithium producer Altura Mining are expected to vote on an offtake agreement with major shareholder Hunan Yongshan Lithium Company on September 25. Altura in June this year struck a multi-year lithium offtake agreement with Hunan Yongshan, a subsidiary of shareholder Ningbo... 

New Argyle diamonds up for tender

By: Esmarie Iannucci     Updated 2 hours 20 minutes ago Mining major Rio Tinto has unveiled a historic collection of 62 diamonds, including six ‘hero’ diamonds for its 2020 Argyle pink diamonds tender. Rio said this week that the six ‘hero’ diamonds were selected for their unique beauty and named to ensure there is a permanent record of their... 

Gold windfall heading for investors with miners vowing restraint

By: Bloomberg     Updated 2 hours 35 minutes ago Gold companies are vowing to give investors a greater share of the windfall from surging prices, without losing the fiscal discipline that’s returning to the industry. Even as bullion bounces around near record heights, helping lift miners’ cash flow and share prices, the mood -- at least... 

Gold windfall heading for investors with miners vowing restraint
Agnico Eagle Mines CEO Sean Boyd: 'It's not party time'.

Barrick’s Japan exploration partner expands footprint

By: Creamer Media Reporter      Updated 2 hours 42 minutes ago Canadian exploration company Japan Gold, which has a country-wide alliance with gold major Barrick Gold to jointly explore, develop and mine certain gold mineral properties and mining projects, has expanded its footprint in Japan. The company acquired the Kanehana project through the acceptance... 

Barrick’s Japan exploration partner expands footprint

Tesla's Nevada lithium plan faces stark obstacles on path to production

By: Reuters     Updated 2 hours 54 minutes ago Tesla's plan to produce lithium for electric vehicle batteries close to its Nevada Gigafactory faces stark challenges from the outset, including an onerous permitting process, uncertain access to water and questions about unproven methodologies. CEO Elon Musk told shareholders on Tuesday Tesla... 

Pebble Partnership CEO resigns after secret tapes released

By: Reuters     Updated 3 hours ago The chief executive of Pebble Limited Partnership, the company trying to develop Alaska's Pebble Mine project, resigned on Wednesday after his comments on elected and regulatory officials in the U.S. state were covertly videotaped and released by an environmental activist group, its Canadian... 

Pebble Partnership CEO resigns after secret tapes released

Polyus to buy out partner in Sukhoi Log

By: Mariaan Webb     23rd September 2020 Russia’s largest gold producer, Polyus, on Wednesday announced that it would exercise its right to accelerate the buyout of RT Business Development’s participation interest in SL Gold – the holder of the Sukhoi Log deposit and licence. The company would consolidate its participation interest... 

Polyus to buy out partner in Sukhoi Log

Anglo Asian pushes ahead with growth plans; first-half delivers strong cash generation

By: Marleny Arnoldi     23rd September 2020 Aim-listed gold, copper and silver producer Anglo Asian Mining has declared an interim dividend of $0.04 apiece for the six months ended June 30, which is 29% higher year-on-year. The company says it will consider a special dividend in the first quarter of 2021 the back of ongoing strong cash... 

Anglo Asian pushes ahead with growth plans; first-half delivers strong cash generation

China wants to be carbon neutral by 2060. Is that possible?

By: Bloomberg     23rd September 2020 President Xi Jinping’s surprise announcement that China plans to go carbon-neutral by 2060 has left many questions, none more important than: “How?” China is the world’s largest energy user and greenhouse gas emitter, mines and burns half the world’s coal, and is the top importer of oil and... 

China wants to be carbon neutral by 2060. Is that possible?
Photovoltaic panels at the Golmud Solar Park in Qinghai province, China.

Qld allows more gas exploration

By: Esmarie Iannucci     23rd September 2020 The Queensland Resources Council (QRC) has welcomed the release of more than 3 000 km2 of land in parts of the south west and central Queensland for gas exploration. Manufacturing Minister Glenn Butcher said Senex Energy, Comet Ridge, State Gas and Denison Gas had won tenders to explore areas... 

Cobalt will not be taken out of batteries anytime soon – First Cobalt

By: Mariaan Webb     23rd September 2020 Canada’s First Cobalt, which owns North America’s only permitted cobalt refinery, is confident that cobalt will continue to play an essential role batteries, despite Tesla CEO Elon Musk predicting a future with no graphite and no cobalt. Responding to Musk’s comments at the Tesla Battery Day on... 

Cobalt will not be taken out of batteries anytime soon – First Cobalt

Argonaut raises exploration funds

By: Esmarie Iannucci     23rd September 2020 ASX-listed Argonaut Resources has raised a$2.7-million in a private placement, with the company hoping for a further A$1.9-million through a share purchase plan (SPP). Argonaut placed 491.6-million shares at a price of 0.55c each to professional sophisticated and institutional investors under... 

Gold a growing part of Hudbay’s production profile

By: Mariaan Webb     23rd September 2020 Precious metals will form an increasingly important part of copper miner Hudbay’s overall production and revenue profile, as the Toronto-based company advances plans to transform Lalor, in Manitoba, into a gold mine. “We have a burgeoning precious metals production profile that is driven by our... 

Gold a growing part of Hudbay’s production profile
Hudbay CEO Peter Kukielski

Renewables eyed at Lake Wells

By: Esmarie Iannucci     23rd September 2020 he Lake Wells sulphate of potash (SOP) project, in Western Australia, has been positioned as the lowest carbon dioxide emitting potash project development in Australia, following the completion of a front-end engineering and design (FEED) study for the engineering, procurement and construction... 

Resources Watch 

23rd September 2020 This week: Solar to provide most of gold plants’ daytime power; Mponeng integration presenting ‘wonderful opportunities’; and, Egoli likely to be S Africa’s least complicated underground gold mine 

Resources Watch

OceanaGold committed to Waihi development

By: Esmarie Iannucci     23rd September 2020 ASX- and TSX-listed gold miner OceanaGold on Wednesday said it was ‘fully committed’ to the continued growth of its operations in the Waihi District, in New Zealand. President and CEO Michael Holmes said in a statement that despite the five-week cessation of development activities at the Martha... 

Glencore extends life of copper smelter and refinery

By: Esmarie Iannucci     23rd September 2020 Diversified major Glencore has announced plans to extend the life of its copper smelter in Mount Isa and its refinery in Townsville beyond 2022, after reaching a deal with the state government. As part of the Queensland government’s North Queensland Recovery Plan, Glencore will receive a one-off... 

Glencore extends life of copper smelter and refinery

Silver Lake invests further in Deflector

By: Esmarie Iannucci     23rd September 2020 The board of gold miner Silver Lake Resources have approved the Deflector South West access, development and production, which will underpin a longer life and a higher margin operation at the Deflector project, in Western Australia. The Deflector South West lodes are adjacent to the existing... 

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Green hydrogen study integrating SADC ahead of trillion dollar market emergence

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On-The-Air (18/09/2020)

Study demonstrates longwall viability for Sasol

New continuous miner to launch in 2021

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African

Harmony Gold, Pan African, platinum make headlines

Solar to provide most of gold plants’ daytime power – Pan African

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