https://www.miningweekly.com
R/€ = 18.13 Change: -0.10
R/$ = 15.23 Change: -0.10
Au 1807.99 $/oz Change: -3.34
Pt 951.65 $/oz Change: -11.93
 
Close

Email me free daily news

Email address

Palladium-dominant Waterberg project's advance is primary objective –­ PTM 

By: Martin Creamer     Updated 4 hours ago The advancement of the palladium-dominant Waterberg Project to a development and construction decision is the primary business objective of Platinum Group Metals (PTM), for which construction funding and concentrate offtake arrangements are being pursued. The Toronto- and New York-listed company,... 

Palladium-dominant Waterberg project's advance is primary objective –­ PTM
Platinum Group Metals CEO Michael Jones.

Miners say Covid-19 has accelerated move to digital, automation 

By: Reuters     Updated 7 hours ago The coronavirus lockdown is hastening digitalisation and automation in the mining industry, major firms and their partners said this week, helping to get more work done at remote mines, even if operators are far away. That trend will drive down costs quicker, leading to smaller, cleaner mines... 

Six steps proposed for unlocking larger-scale self-gen projects, amid ongoing government resistance 

By: Terence Creamer     Updated 2 hours 52 minutes ago Six steps could be taken immediately by the South African government and the energy regulator to unlock more self-generation investment by residential, commercial, industrial, mining and agricultural consumers so as to minimise power shortages and reduce the threat of load-shedding, a newly... 

Six steps proposed for unlocking larger-scale self-gen projects, amid ongoing government resistance

New markets expected to drive cobalt demand

By: Donna Slater     Updated 1 hour 11 minutes ago Although faced with many challenges, UK-based research group Benchmark Minerals forecasts that growth in the battery sector will drive cobalt demand, outweighing falling cobalt intensities in individual cells. As such, it forecasts the battery industry will require a further 100 000 t of the... 

ERG’s Metalkol to undergo Responsible Minerals Assurance Process

By: Simone Liedtke     Updated 1 hour 13 minutes ago Diversified natural resources producer Eurasian Resources Group’s (ERG’s) hydro-metallurgical copper and cobalt facility, Metalkol RTR, in the Democratic Republic of Congo (DRC), will be undergoing the Responsible Minerals Assurance Process (RMAP) – a flagship programme of the Responsible... 

ERG’s Metalkol to undergo Responsible Minerals Assurance Process
ERG's Metalkol RTR facility, in the Democratic Republic of Congo (DRC).

Zambia to appeal court ruling backing Vedanta in KCM mine row

By: Reuters     Updated 38 minutes ago Zambia's state mining arm ZCCM-IH plans to appeal a court decision that ruled in favour of Vedanta, which has sought arbiration in a dispute over the jointly owned copper mine that is facing liquidation, the mining minister said. "ZCCM-IH has already indicated that they are appealing because they... 

Anglo opens Covid-19 testing lab in Zambia

By: Marleny Arnoldi     Updated 1 hour 19 minutes ago Diversified miner Anglo American has opened a Covid-19 testing laboratory in Solwezi, Zambia, close to its mineral exploration activities in the country. The miner says the lab was built to support the Zambian government’s efforts to increase testing capacity in the country’s North-Western... 

Northam completes R1.33bn book building note placement

By: Donna Slater     Updated 6 hours ago JSE-listed platinum group metals miner Northam has completed a private placement of domestic medium-term notes to the value of R1.33-billion in a bookbuild that was oversubscribed by 33%, under Northam’s R15-billion domestic medium-term note (DMTN) programme. The proceeds from the issuance of... 

Steadily growing order books helps M&R weather remaining pandemic impacts 

By: Marleny Arnoldi     Updated 1 hour 8 minutes ago While still recovering from a R622-million Covid-19 impact on its business in the 2020 financial year, JSE-listed construction group Murry & Roberts (M&R) says its R60.5-billion order book will help in its upward trajectory following the pandemic. The company had reported an order book of... 

Bombardier locomotives pass 10m kilometre mark on South African rail lines

By: Donna Slater     Updated 5 hours ago Mobility technology company Bombardier Transportation reports that, as of November 26, its locomotive fleet provided to State-owned logistics company Transnet has successfully completed ten-million kilometres in service since operations began in December 2017. Transnet Freight Rail (TFR) in... 

Bombardier locomotives pass 10m kilometre mark on South African rail lines
Bombardier's Traxx Africa locomotives

Jervois Mining appoints James May as CFO, executive GM of finance

By: Tasneem Bulbulia     Updated 6 hours ago Mining and exploration company Jervois Mining has appointed James May as CFO and executive (GM) of finance, as it advances the financing and construction of its Idaho Cobalt Operations (ICO) in the US and the restart of the São Miguel Paulista (SMP) refinery in São Paulo, Brazil. He joins Jervois... 

Firefinch pours first gold

By: Esmarie Iannucci     26th November 2020 ASX-listed Firefinch has poured its first gold at the Morila gold mine, in Mali, after completing the acquisition of an 80% interest in the mine earlier this month. The company said on Thursday that the first gold pour under Firefinch ownership marked the company’s transition to an... 

Business rights or human rights? Swiss vote shines spotlight on companies

By: Reuters     Updated 2 hours 29 minutes ago A billboard of a runny-nosed, dour-faced girl framed by Glencore's sprawling zinc mine in Peru greets commuters at Zurich's main train station with an ominous slogan: "Water contaminated. Child poisoned. Commodities firm liable." As the only large mining firm based in Switzerland, Glencore has... 

Business rights or human rights? Swiss vote shines spotlight on companies

Nornickel moves to improve enviro risk management

By: Mariaan Webb     Updated 2 hours 49 minutes ago Russia’s Nornickel, the world’s largest producer of palladium and high-grade nickel, has launched an environmental risk management review in order to identify and better manage new climate change risks that are emerging. The announcement of a risk management review follows an independent report... 

Nornickel moves to improve enviro risk management
Norilsk chairperson Gareth Penny

Australia seeks to break China coal stalemate as tensions rise

By: Bloomberg     Updated 3 hours ago Prime Minister Scott Morrison said he’s appointed his “best people” to work on breaking a stalemate that’s seen more than 50 ships laden with Australian coal stranded off Chinese ports, as tensions between the trading partners increase. More than $500-million worth of Australian coal and about... 

Australia seeks to break China coal stalemate as tensions rise

Polymetal buys stake in Cyprus explorer

By: Creamer Media Reporter      Updated 3 hours ago Precious metals miner Polymetal has agreed to buy a 22.5% stake in Cyprus-focused explorer Chesterfield. The London-listed company would invest £2.1-million in Chesterfield. This was in line with Polymetal's strategy to invest in mining companies in its regions of operation, and increase its... 

Azarga receives final EPA permit for US uranium project

By: Mariaan Webb     Updated 6 hours ago The US Environmental Protection Agency (EPA) has issued the final permits for the Dewey Burdock in-situ recovery uranium project, in South Dakota, moving TSX-listed Azarga closer to becoming the next uranium producer in the US. The EPA permits were the second of three major regulatory agency... 

Azarga receives final EPA permit for US uranium project

Marathon announces strategic flow-through financing with Lassonde

By: Creamer Media Reporter      Updated 7 hours ago Toronto-based gold company Marathon Gold on Wednesday announced a strategic flow-through financing with existing shareholder Pirre Lassonde, which would enable the company to continue its exploration programme at the Valentine gold project, in central Newfoundland. The nonbrokered private... 

Minera Alamos to join ranks of gold producers early 2021

By: Mariaan Webb     Updated 7 hours ago TSX-V-listed Minera Alamos is poised to become a gold producer in early 2021, as construction at the Santana mine, in Sonaro, Mexico, is nearing completion. The company is preparing to ship the crushing, screening and agglomeration system that it bought in Arizona, in the US, to its staging yard... 

Minera Alamos to join ranks of gold producers early 2021

Evolution happy in midtier space - Klein

By: Esmarie Iannucci     Updated 7 hours ago Gold miner Evolution Mining told shareholders on Thursday that it had no ambition to become a gold major. Speaking at the company’s annual general meeting, chairperson Jake Klein said the company’s strategy was centered around an ambition to be a premier midtier gold producer, with six to eight... 

Evolution happy in midtier space - Klein
Photo by Bloomberg
Evolution chairperson Jake Klein

Hudbay’s 777 mine back to full production

By: Creamer Media Reporter      Updated 7 hours ago Base metals miner Hudbay Minerals has resumed full production at its 777 mine, in Flon Flon, Manitoba, following a skip hoist incident in October. The shaft repair activities were completed ahead of schedule and the total direct repair costs were under the estimated C$5-million, the company said... 

ArcelorMittal Mining Canada appoints COO

By: Creamer Media Reporter      26th November 2020 Guy Belleau has been appointed COO of ArcelorMittal Mining Canada, a subsidiary of steel giant ArcelorMittal that operates on Quebec’s North Shore. "I am pleased to welcome Guy within our renewed management team. Our goal is to become a world reference in the safe and efficient production of... 

Hope on the horizon for Kingsgate

By: Esmarie Iannucci     26th November 2020 New hope has emerged for the relationship between gold miner Kingsgate Consolidated and the Thai government, after the company’s subsidiary was granted 44 special mineral prospecting licenses. Kingsgate on Thursday reported that the special mineral prospecting licenses would have a period of... 

Galaxy completes institutional placement

By: Esmarie Iannucci     26th November 2020 Lithium miner Galaxy Resources has successfully completed its share placement and institutional entitlement offer to raise an initial A$124-million of its planned A$161-million. Galaxy earlier this week announced plans to raise A$161-million through a 1-for-14 fully underwritten pro-rata... 

Lynas Kalgoorlie planned for 2021 construction

By: Esmarie Iannucci     26th November 2020 Rare earths miner Lynas is hoping to start construction of its Kalgoorlie cracking and leaching facility by mid-2021, subject to approvals. “The team has completed the high level design and they are currently completing detailed engineering design and procurement,” Lynas CEO Amanda Lacaze told... 

Qld appoints hydrogen champions

By: Esmarie Iannucci     26th November 2020 Queensland’s Hydrogen Minister Mick de Brenni has appointed two new Hydrogen Champions to back the state as the national hub for a job-creating hydrogen industry. Member for Mundingburra Les Walker and Member for Rockhampton Barry O’Rourke have been appointed to take over the roles in North and... 

Army Corps rejects Pebble mine project

By: Mariaan Webb     26th November 2020 The share price of Northern Dynasty crashed on Wednesday as the US Army Corps of Engineers (USACE) denied the Canadian project developer’s US subsidiary a permit for the controversial Pebble copper/gold mine, in the Bristol Bay region of Alaska. The USACE informed the Pebble Partnership that its... 

Army Corps rejects Pebble mine project

Australian M&A falls 49% in third quarter

By: Esmarie Iannucci     26th November 2020 Australia’s top five mining and metal merger and acquisition (M&A) agreements in the third quarter of this year was valued at a combined $335.35-million, accounting for 75.4% of the overall deal value in the same period. Analysts GlobalData’s addition to the M&A transactions included Russian... 

Resources Watch  

26th November 2020 Iridium breakthrough a boost for green hydrogen economy, PGMs mining; Chrome producers want ferrochrome solutions that exclude export tax; and, company designs, constructs ventilation and cooling systems for mines 

Resources Watch

Aveng's shares rise on recapitalisation, restructuring progress

By: Creamer Media Reporter      25th November 2020 Infrastructure and resources company Aveng's share price on the JSE rose by 50% on Wednesday, after it announced that it was making progress with its balance sheet restructuring and recapitalisation plans and that it expected to report improved financial results for the financial year ended June... 

GoviEx completes metallurgical testwork at Madaouela

By: Tasneem Bulbulia     25th November 2020 Mineral resource company GoviEx Uranium expects to release details of a final process design flowsheet for its Madaouela uranium project, in Niger. Over the past year, the company’s technical team, together with its feasibility study consultants, SRK Consulting and SGS Bateman, have been focused... 

Anglo, Minerals Council gear up to combat gender-based violence

By: Donna Slater     25th November 2020 The mining industry is taking further steps to address gender-based violence (GBV), with diversified miner Anglo American introducing wide-ranging measures to address GBV and harassment across its mines and mining communities in South Africa. In addition, the Minerals Council South Africa... 

IronRidge records positive metallurgical test results at Ewoyaa

By: Tasneem Bulbulia     25th November 2020 Aim-listed IronRidge Resources has reported additional “very positive” metallurgical test results from the Ewoyaa project within its Cape Coast lithium portfolio in Ghana, West Africa. Additional test work has been completed to improve lithium recoveries in coarse grained type P1 and finer... 

Nersa to host public hearing on Gold Fields' South Deep solar plant application 

By: Marleny Arnoldi     25th November 2020 NYSE- and JSE-listed Gold Fields’ South Deep mining operation has lodged an application with the National Energy Regulator of South Africa (Nersa) for an electricity generation licence for a proposed 40 MW solar photovoltaic plant at the mine, in Westonaria. Nersa has advised that a public... 

Nersa to host public hearing on Gold Fields' South Deep solar plant application
South Deep mine

Time is now for Africa to increase local beneficiation, says Wits mineral economist

By: Marleny Arnoldi     25th November 2020 University of Witwatersrand (Wits) School of Mining Engineering mineral economist Professor Hudson Mtegha says one of the key areas where South Africa can maximise its potential for economic growth is the beneficiation of extracted minerals. He explains in a statement that this rings true for... 

Platinum council says hydrogen momentum will continue to bolster PEM demand

By: Marleny Arnoldi     25th November 2020 This week has seen the launch of the first-ever European Hydrogen Week from November 23 to 27, a series of events showcasing the key role hydrogen is expected to play in reaching the European Union’s (EU) “European Green Deal” objectives. The proposed European Green Deal, announced at the end... 

Miners reiterate support for shift to cleaner vehicles 

By: Mariaan Webb     25th November 2020 The mining industry is making progress on a shift to cleaner, safer vehicles, as collaboration between the International Council on Mining and Metals (ICMM) and original equipment manufacturers (OEMs) gains momentum. Under the ICMM’s Innovation for Cleaner, Safer Vehicles (ICSV) initiative, the... 

Anglo praised for blazing decarbonised mining trail with hydrogen truck project  

By: Martin Creamer     25th November 2020 The electrolyser that will generate renewable hydrogen for the world’s largest hydrogen fuel cell electric vehicle project has been delivered to site by Nel Hydrogen Electrolyser AS, as part of the joint partnership with ENGIE and Anglo American, announced last year. ENGIE is providing the... 

Nel Hydrogen Electrolyser Senior Vice President Business Development David Bow interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Latest News  by  

more

Company Post

more

Latest Videos and Audio

Resources Watch

Anglo praised for blazing decarbonised mining trail with hydrogen truck project

Omnia firmly in ‘fix and renew’ phase following September interim period

Coal mine on point of turning acid mine drainage into potable water at no cost

On-The-Air (20/11/2020)

Platinum investment demand, Anglo American, Sibanye-Stillwater make headlines

Company designs, constructs ventilation and cooling systems for mines

Chrome producers want ferrochrome solutions that exclude export tax

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