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Platinum-boosted South African hydrogen electrolyser leaps ahead  

By: Martin Creamer     25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... 

Hydrox CEO Corrie de Jager interviewed by Mining Weekly’s Martin Creamer.

Glencore settles most bribery, manipulation investigations 

By: Martin Creamer     25th May 2022 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.

Minerals Council re-elects VPs, Mantashe chastises harsh critics of the State  

By: Marleny Arnoldi     Updated 5 hours ago The Minerals Council South Africa has re-elected Kumba Iron Ore CEO Themba Mkhwanazi, Harmony Gold CEO Peter Steenkamp and Northam Platinum CEO Paul Dunne to serve as VPs for another year. The council hosted its 132nd annual general meeting (AGM) on May 25, reporting that mineral export sales... 

Minerals Council CEO Roger Baxter
Photo by Creamer Media
Minerals Council CEO Roger Baxter

NUM wants CEOs charged for every injury or fatality

By: Darren Parker     Updated 5 hours ago The National Union of Mineworkers (NUM) Health and Safety Committee (Nahsco) has said there is a reluctance from government to prosecute CEOs for their companies’ non-compliance with the Mine Health and Safety Act, stating that CEOs should be criminally charged for any injury or loss of life on... 

man in handcuffs

Pensana confirms $494m capital cost for its Saltend, Longonjo operations

By: Marleny Arnoldi     25th May 2022 London-listed Pensana has completed a front-end engineering design (FEED) and value engineering study for a rare earth separation hub at the Saltend Chemicals Park, in the Humber Freeport, in the UK. The company aims to establish a rare earth processing hub amid growing concerns over supply... 

Neodymium
Photo by Bloomberg
Neodymium

Bushveld’s VRFB value chain to benefit the economies of several provinces

By: Darren Parker     Updated 5 hours ago Vanadium producer Bushveld Minerals’ strategy to establish itself in all stages of the vanadium redox flow batteries (VRFBs) value chain will benefit the local economies of three of South Africa’s provinces, claimed Bushveld Minerals subsidiary Bushveld Energy business development manager Neo... 

Severe global battery shortage likely post 2025, GlobalData forecasts

By: Schalk Burger     25th May 2022 Extraction of raw materials will not meet soaring battery demand unless capital markets change course in the face of environmental, social and governance pressures and invest heavily in new mines, says business data and analytics company GlobalData in its 'Batteries – Thematic Research' report.... 

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

By: Creamer Media Reporter      25th May 2022 TSX-listed NextSource Materials says increases in global logistics costs have 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. 

Atlantic Lithium confirms MIIF proposal, considers ASX listing

By: Donna Slater     Updated 5 hours ago Aim-listed lithium explorer and developer Atlantic Lithium says is has been approached by Ghana-based Minerals Income Investment Fund (MIIF), and has signed a non-disclosure agreement to enter into discussions regarding a potential investment into the company. The company has projects in Ghana... 

Four miners found dead in flooded Burkina Faso mine

By: Reuters     25th May 2022 The bodies of four miners out of eight that had been missing have been found at a zinc mine in Burkina Faso owned by Trevali Mining Corp that flooded on April 16, the government said in a statement on Wednesday. 

European tungsten miner delists from AIM

By: Creamer Media Reporter      Updated 5 hours ago Tungsten, tin and gold mining company W Resources on Wednesday announced the delisting of its shares from trading on AIM and said that it would seek a relisting on a stock exchange in future, should circumstances allow. Trading in W Resources’ shares was suspended on April 5, owing to the impact... 

Mexico to take Vulcan Materials to court if necessary, President says

By: Reuters     Updated 5 hours ago Mexico will go to local and international courts if there is no agreement with US firm Vulcan Materials over its mining activity in the state of Quintana Roo, President Andres Manuel Lopez Obrador said on Wednesday. The Mexican government suspended the mining operations of the company earlier in... 

Mantashe to mining CEOs: Stop insulting the state

By: News24Wire      Updated 6 hours ago Minister of Mineral Resources and Energy, Gwede Mantashe, has warned that a growing tendency by mining executives to "insult the state" is detrimental to the resources sector. "We have observed a growing temptation to insult the state by strong and powerful mining executives. 

Minister of Mineral Resources and Energy Gwede Mantashe
Minister of Mineral Resources and Energy Gwede Mantashe

Resources Watch  

Updated 7 hours ago This week: Sheila Khama says critical mineral demand of order of magnitude never seen; Law firm drawing on giga-scale hydrogen project experience to derisk new ventures; and, things looking interesting for platinum despite surplus 

Resources Watch

Growth worries push copper prices lower

By: Reuters     Updated 7 hours ago Prices of copper and most other industrial metals fell on Wednesday on concerns that slowing economic growth and Covid-19 lockdowns in top consumer China would depress demand. Benchmark copper on the London Metal Exchange (LME) was down 1.5% at $9 310 a tonne at 11:28 GMT. 

Rio Tinto's Madagascar mine restarts after reaching deal with protesters

By: Reuters     Updated 7 hours ago Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday. Communities surrounding QMM's mine in southeastern Madagascar... 

BHP may reap gain of $9.5bn from petroleum merger with Woodside - brokerage

By: Reuters     Updated 7 hours ago Global miner BHP Group could reap a gain of $9.5-billion this year from the sale of its petroleum arm to Woodside Energy Group, Australian brokerage Barrenjoey said. The world's biggest listed miner last year agreed to combine its petroleum business with the company formerly known as Woodside... 

Cariboo has an attractive production profile, says Osisko Development

By: Creamer Media Reporter      25th May 2022 Canada-based Osisko Development is proceeding to a feasibility study at its flagship Cariboo project, in central British Columbia, following the completion of a preliminary economic assessment (PEA). The PEA provides an attractive potential gold production profile of about 297 000 oz/y when... 

Karora puts milling bottlenecks in rear-view mirror with A$80m acquisition

By: Mariaan Webb     25th May 2022 Toronto-listed Karora Resources on Tuesday announced the A$80-million acquisition of the one-million-tonne-a-year Lakewood Mill gold processing facility, about 60 km from the Beta Hunt mine, in Western Australia. Chairperson and CEO Paul Andre Huet described the acquisition as a... 

QEM commissions pilot plant for Julia Creek

By: Esmarie Iannucci     25th May 2022 Vanadium and oil shale developer QEM on Wednesday announced the commissioning of its pilot plant at the headquarters of HRL Technology Group The vanadium and oil shale pilot plant is scheduled to be operational for a period of six months, and has been designed and developed to validate QEM’s... 

Hunt for lithium sparks frantic rush into Argentine mountains

By: Bloomberg     25th May 2022 At a lavish lunch this month in Buenos Aires, 400 mining executives and government officials gathered to toast Argentina’s natural resource riches amid the kind of corporate giddiness not seen since the country’s first attempt to develop its shale oil resources a decade ago. The attraction for... 

Tharisa confirms results release date

By: Marleny Arnoldi     25th May 2022 Dual-listed chrome and platinum group metals miner Tharisa has confirmed it will release its interim results on May 26. The company expects to report a 50% year-on-year increase in earnings a share for the six months ended March 31 at between $0.32 and $.33.  

Hudbay receives favourable court decision for Copper World

By: Creamer Media Reporter      25th May 2022 Dual-listed Hudbay Minerals has received a favourable decision form the US District Court for Arizona relating to its Copper World project. The court ruled in favour of Hudbay on all issues, including that Copper World and Rosemont are not connected under the National Environmental Policy Act... 

Develop hoping to add to its capacity

By: Esmarie Iannucci     25th May 2022 ASX-listed Develop on Wednesday announced plans to acquire mining provider Premium Mining & Civil and Premium Mining Personnel for a total consideration of A$7.46-million. Develop has inked a letter of intent (LoI), under which the parties have agreed to negotiate and enter into a formal share... 

Tomingley hits production milestone

By: Esmarie Iannucci     25th May 2022 Gold miner Alkane Resources has poured its 500 000th ounce of gold at its Tomingley operation, in New South Wales. “Pouring our 500 000th ounce is a significant milestone that provides a fitting testament to the teams that have worked on the Tomingley gold project and operations since the days... 

Image shows a molten gold pour

Bryah adds to Gabanintha base metal resource

By: Esmarie Iannucci     25th May 2022 Minerals explorer Bryah Resources has reported a 15% increase in the indicated and inferred base metal mineral resource estimate at the Australian Vanadium project, which is located within the company’s Gabanintha project, in Western Australia. Fellow-listed Australian Vanadium holds the mineral... 

Iron Road tests hydrogen waters

By: Esmarie Iannucci     25th May 2022 ASX-listed Iron Road will undertake a market sounding process to gauge commercial interest in the proposed Cape Hardy green hydrogen and industrial precinct. The South Australian government has previously identified Cape Hardy as one of three hubs for green hydrogen production, liquefaction or... 

Suvo finds offtake partner

By: Esmarie Iannucci     25th May 2022 Kaolin producer Suvo Strategic Minerals has struck a non-binding agreement with supply chain services provider C&D Logistics Group over a possible offtake agreement. Under the terms of a non-binding cooperation agreement, the two companies would work to negotiate a sales and purchase agreement... 

Mantashe's 'nightmare': Unease already brewing over new mineral rights system

By: News24Wire      25th May 2022 The long-awaited transparent record of South Africa’s mineral rights – the lifeblood of the mining industry’s future – is barely out of the starting gates and is already mired in distrust. There is no question that a functioning cadastral system is critical to attract mining investment to South... 

A silhouette of mining headgear

Coal India to open big, new mine this year to fight power crisis

By: Reuters     25th May 2022 State-run Coal India will open this year what is expected to become one of the country's biggest coal mines, officials said, as India struggles to keep pace with surging power demand. Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50-million... 

Peru community sees 'progress' in resolving Las Bambas mine standoff

By: Reuters     25th May 2022 The leader of a Peruvian indigenous community, whose protest led MMG's Las Bambas copper mine to suspend operations over a month ago, said on Tuesday that "progress" has been made toward a solution to the crisis. "We are moving forward thinking about the country at large, for the good of the... 

Billionaire Friedland files to take Ivanhoe Electric public

By: Bloomberg     25th May 2022 Billionaire Robert Friedland is joining efforts to help America reduce its dependence on China for supplies of critical minerals like copper that are used in everything from batteries to electric cars. Ivanhoe Electric is seeking a listing on the NYSE American and Toronto stock exchanges under... 

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... 

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... 

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,... 

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

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