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Capital raise under way to progress copper/zinc mine in Northern Cape 

By: Martin Creamer     29th June 2022 An opportunity to subscribe for new shares in parcels starting from R20 000 to a maximum of R330 000 is being offered to eligible shareholders by Orion Minerals. The capital raise is being undertaken to fund the Sydney- and Johannesburg-listed Orion’s Prieska copper/zinc mine, as well as other... 

Creamer Media photograph.
Photo by Creamer Media
Orion Minerals CEO Errol Smart

Illegal mining brazenness a significant concern to legitimate industry 

By: Donna Slater     Updated 5 hours ago Minerals Council South Africa legal deputy head Mxolisi Ngubane says that, although the prevalence of illegal mining is not new, the brazenness and evolving nature at which operations are taking place, is becoming increasingly concerning to the wider mining industry and especially to miners in... 

An image of a disused mine shaft in South Africa
Photo by Bloomberg
Feeble attempts to close disused mine shafts means illegal miners will have an easy avenue to gain access to underground tunnels and ore.

Critical minerals inspire global collaborative exploration efforts, finds PDAC panel

By: Marleny Arnoldi     Updated 7 hours ago Governments around the world are using next-generation public geoscience to meet many of the same challenges and opportunities, including meeting increased demands for critical minerals, clean energy supply and disaster risk reduction. As such, many national and regional geological survey... 

Botswana, De Beers extend sales agreement to June 2023

By: Creamer Media Reporter      29th June 2022 The Botswana government and diamond miner De Beers Group have extended their existing agreement for the sale of Debswana’s rough diamond production by 12 months until June 30, 2023. Following further positive progress towards a new agreement being made in the first half of this year, the two... 

Turmoil at Firefinch as MD walks, Morilla updated expected

By: Mariaan Webb     Updated 4 hours ago Australian company Firefinch’s shares were suspended on Wednesday, pending an announcement regarding the operational performance and production guidance at the Morila gold mine, in Mali. The company also announced that MD Michael Anderson had left his position “by mutual agreement” – a day after... 

Nimba to list on the LSE towards the end of the year, BFS to follow

By: Marleny Arnoldi     Updated 3 hours ago West Africa-focused miner Nimba Development Company (NDC) has started with a preliminary technical information exchange process with the government of Guinea, as part of the Nimba iron-ore mine’s development. Particularly, NDC has shared with the Guinean Ministry of Mines and Geology its... 

Hummingbird chairperson retires

By: Creamer Media Reporter      Updated 4 hours ago Russell King has stepped down as chairperson of Hummingbird Resources. He had been chairperson since November 2014. 

Ironveld shareholder asks board to remove chairperson, CEO as directors

By: Creamer Media Reporter      Updated 3 hours ago Aim-listed Ironveld has informed shareholders that it has received a requisition notice from a significant shareholder, requesting the board of directors to arrange a general meeting and to consider the removal of chairperson Giles Clarke and CEO Martin Eales as directors of Ironveld. The... 

'Terrifying': WWF chief hits out at plans to mine the deep sea

By: Reuters     29th June 2022  The World Wildlife Fund's chief warned on Tuesday that the potential impact of mining the deep sea could be "terrifying" and called for strict regulations to avoid yet another environmental disaster. There is growing interest in deep-sea mining but there is also pressure from some environmental... 

Russia hits back at attempts to 'politicise' its diamonds

By: Reuters     Updated 6 hours ago Russia condemned what it called a push to "politicise" its diamonds over the conflict in Ukraine and said attempts to question its compliance with the international diamond certification scheme were "totally unfounded" and "far-fetched". The Kimberley Process, a coalition of governments, the... 

Albemarle urges US to cut red tape to boost lithium supply chain

By: Bloomberg     Updated 4 hours ago The world’s largest lithium producer is urging the US government to cut red tape to accelerate a build-out of a domestic supply chain for materials needed for batteries, electric vehicles and cleaner technologies while cutting dependence on China. China has more than half of all capacity for... 

Liontown inks lithium deal with Ford after Tesla, LG agreements

By: Reuters     Updated 4 hours ago Liontown Resources signed a lithium supply agreement with Ford Motor, the Australian miner's latest after similar deals earlier this year with Tesla and electric vehicle (EV) battery maker LG Energy. Liontown said on Wednesday it will supply Ford with 150,000 dry metric tonnes (DMT) of lithium... 

Coburn mineral sands mine expedited

By: Darren Parker     Updated 4 hours ago The rapid construction of ASX-listed Strandline Resources’ Coburn mineral sands project in Western Australia has facilitated the start of openpit mine development two months ahead of schedule, the company said on Wednesday. After the successful early mobilisation of the mining contractor in... 

Pilbara pushes button on A$300m Pilgangoora expansion

By: Darren Parker     Updated 6 hours ago ASX-listed lithium group Pilbara Minerals on Wednesday announced a near A$300-million expansion of its Pilgangoora operation, in Western Australia, bolstering output by 100 000 t/y from late 2023. The board has made the final investment decision (FID) to go ahead with the P680 project, which will... 

The Pilgangoora plant
The Pilgangoora plant

Britain sanctions Russia's 'Nickel King'

By: Reuters     Updated 6 hours ago Britain on Wednesday announced sanctions on oligarch Vladimir Potanin, described by London as Russia's second-richest man and who has been buying assets from firms exiting Russia over the invasion of Ukraine. Potanin, known as Russia's "Nickel King", was included in the latest wave of sanctions... 

An image of Vladimir Potanin
Vladimir Potanin

Clotted cream maker working with Cornish Lithium on geothermal options

By: Creamer Media Reporter      Updated 6 hours ago Mineral exploration and development company Cornish Lithium has entered into an exclusive agreement with Rodda’s, the iconic Cornish clotted cream producer, to work together to evaluate suitable sites on land owned by Rodda’s, where geothermal lithium production and geothermal heat could be... 

Metro to expand Bauxite Hills operation

By: Darren Parker     Updated 7 hours ago ASX-listed Metro Mining’s board has approved a final investment decision (FID), subject to financing, to expand the capacity of its Bauxite Hills mine, in Queensland, to 7-million wet metric tonnes a year for a capital expenditure (capex) of A$28.3-million. The expansion will be financed from a... 

UK coal mine's climate impact is 'indefensible', watchdog says

By: Bloomberg     Updated 7 hours ago Plans to build the UK’s first deep coal mine in three decades are “absolutely indefensible” because the resulting pollution would blow holes through the nation’s pledge to reduce emissions by 2050, the climate change watchdog said. The government is expected to decide next week whether to allow... 

UK PM Boris Johnson last week hinted that he supported the coal project, stating that it makes no sense for the UK to import coal when it could be produced at home.
UK PM Boris Johnson last week hinted that he supported the coal project, stating that it makes no sense for the UK to import coal when it could be produced at home.

SocGen blames Clifford Chance in $483m gold suit

By: Bloomberg     29th June 2022 Societe Generale accused leading global law firm Clifford Chance of error strewn and careless advice in a long-running spat over a payment for $483-million in gold. SocGen said the law firm, a member of London’s elite Magic Circle firms, “committed errors” and was “negligent” when it represented... 

Seabridge redesigned KSM for inflationary environment – CEO

By: Mariaan Webb     29th June 2022 Toronto-based Seabridge Gold has updated the prefeasibility study (PFS) for its KSM project, in northern British Columbia, with the new study showing a considerably more sustainable and profitable operation than its 2016 predecessor. The new PFS consists of an all openpit mine plan that includes... 

Alamos opts for larger, more profitable expansion at Island Gold

By: Mariaan Webb     29th June 2022 Canadian miner Alamos Gold has opted for a larger, more profitable and valuable operation at its Island Gold mine, in Ontario, with the company proceeding with an expansion to 2 400 t/d, instead of a previously contemplated 2 000 t/d. Announcing the results of the Phase 3+ expansion study on... 

A picture of an underground drill at Alamos Gold's Island Gold mine
An underground drill at Alamos Gold's Island Gold mine

Resources Watch  

29th June 2022 This week: Small diamond miners want big licence holders built in so they can grow sector together; Sustainability taking front seat at Harmony Gold; and, NSDV says Deeming could bring regulatory certainty to much-needed minerals investment 

Resources Watch

Kinross eyes first production from new Alaska mine in 2024

By: Mariaan Webb     29th June 2022 Canadian bullion miner Kinross has unveiled some initial results from the soon-to-be-released feasibility study of its 70%-owned Manh Choh project, in Alaska, and pencilled in the fourth quarter of 2024 as its first production date. The feasibility study is nearing completion and will be... 

Çöpler temporarily suspended, SSR confirms

By: Mariaan Webb     29th June 2022 US-based SSR Mining has temporarily suspended operations at its Çöpler mine, in Turkey, following a cyanide spill last week. Çöpler was visited by a delegation from the Turkey Environment Ministry on Tuesday afternoon – the second such visit in response to the leak of leach solution containing... 

Rio Tinto considers exiting Canada diamond project, says partner

By: Mariaan Webb     29th June 2022 Diversified miner Rio Tinto has exercised its voting power to place the Star-Orion South diamond project, in Saskatchewan, Canada, on care-and-maintenance, its joint-venture (JV) partner said on Wednesday. Star Diamond said that, subject to fulfilling its existing obligations, Rio Tinto would... 

Rio Tinto considers exiting Canada diamond project, says partner

Pro-China agents posed as activists to protest US, Canada mines

By: Bloomberg     29th June 2022 Pro-Chinese agents posed as concerned local residents on social media to try and spark protests over the opening of rare earth mines in the US and Canada, cybersecurity researchers said in a new report. The fake Twitter and Facebook accounts were created to give China, the largest producer of... 

At Australia mine, Glencore balances reforestation drive, coal profit

By: Reuters     29th June 2022 At Glencore's aging Mt Owen opencut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company's environmental credentials with climate activists and shareholders who want it to back away from coal. But just hundreds... 

Implats, AMCU sign five-year wage deal

By: Marleny Arnoldi     28th June 2022 JSE-listed Impala Platinum Holdings (Implats) on June 28 signed a five-year wage agreement with the Association of Mineworkers and Construction Union (AMCU) for its operating subsidiaries Marula and Impala Rustenburg, effective July 1. The agreement is in line with current inflation of 6.5% and... 

Implats CEO Nico Muller and AMCU president Joseph Mathunjwa
Implats CEO Nico Muller and AMCU president Joseph Mathunjwa

Golden Rim to sell noncore Burkina Faso gold assets for $15.5m

By: Creamer Media Reporter      28th June 2022 ASX-listed Golden Rim Resources will sell its Kouri and Babonga gold projects, in Burkina Faso, to BAOR – a mining company based in the West African country – for $15.5-million, or about A$22.3-million. The funds are payable in four tranches, with the first $600 000 payment due within 15 business... 

South Africa in a position to export energy – Anglo American Platinum 

By: Martin Creamer     28th June 2022 South Africa is one of only four countries that has more renewable energy available to it than what it needs for itself, which places the country in a very strong position to be able to export energy, with hydrogen in the form of ammonia, hydrogen gas or liquid hydrogen among the best ways of... 

Anglo American Platinum CEO Natascha Viljoen.
Anglo American Platinum CEO Natascha Viljoen.

Bill Gates-led fund backs startup with cheaper way to move hydrogen

By: Bloomberg     28th June 2022 A hydrogen molecule is tiny. So tiny, in fact, that trying to store and transport it via existing tanks and pipes can end up causing cracks in steel. If hydrogen is to become a clean fuel of the future, urgent technological solutions are needed to keep it in place and move it at will. Enter... 

Nova reports 1 330 g/t gold discovery in Alaska

By: Darren Parker     28th June 2022 Ongoing resource drilling at Nova Minerals RPM gold project’s North deposit, in Alaska, has delivered a “bonanza” gold grade discovery of 1 330 g/t from selective sampling of mineralised veins in drill core, resulting in a 13% boost in the ASX-listed company’s share price on Tuesday. The drilling... 

Anglo investing in expansion of organic waste upcycling company Sanergy

By: Schalk Burger     28th June 2022 Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy's solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into... 

Mitochondria Energy to build a fuel cell manufacturing facility in the Vaal SEZ in 2023

By: Donna Slater     28th June 2022 Hydrogen fuel cell developer Mitochondria Energy is planning to build a hydrogen fuel cell manufacturing facility in the Vaal Special Economic Zone (SEZ) forming part of the wider Hydrogen Valley development concept, with sod turning to start in 2023. In 2018, Mitochondria entered into a... 

An image of hydrogen fuel cells
An artist's impression of five 50 kW Mitochondria Energy fuel cells in a 250 kW generator, and related equipment.

Jupiter’s manganese subsidiary delivers A$58m Ebitda in the first quarter

By: Marleny Arnoldi     28th June 2022 ASX-listed Jupiter Mines’ 49.9%-owned subsidiary Tshipi é Ntle Manganese Mining has reported production of 883 000 t from the Tshipi Borwa manganese mine, in South Africa’s Northern Cape province, for the first quarter of its 2023 financial year. The subsidiary reports that just shy of... 

China's Huayou faces clash with regulator over Zimbabwe lithium project

By: Reuters     28th June 2022 China's Zhejiang Huayou Cobalt faces regulatory pressure to produce battery-grade lithium in Zimbabwe within five years, official documents seen by Reuters show, something the miner has already said cannot be achieved. China's biggest cobalt refiner acquired the hard-rock Arcadia lithium mine... 

G7 agrees to study Russian energy price caps

By: Reuters     28th June 2022 G7 leaders have agreed to study placing global price caps on imports of Russian energy to curb Moscow's ability to fund its invasion of Ukraine and to contribute up to $5-billion to address global food insecurity, officials said on Tuesday. The war in Ukraine and its dramatic economic fallout,... 

An image of the G7 leaders in Germany

Northern Star considers three mill expansion options at KCGM

By: Darren Parker     28th June 2022 Gold mining company Northern Star Resources is mulling over three potential mill expansion options that were put forward in a recently completed Kalgoorlie Consolidated Gold Mines (KCGM) mill optimisation prefeasibility study (PFS). The PFS formed part of an investigation into opportunities for... 

KCGM super pit in Australia
Photo by Bloomberg
KCGM is one of the world's largest gold mines

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Renewables plans poised to slash Scope 2 emissions at Grootegeluk coal mine by up to 90%

On-The-Air (24/06/2022)

NSDV, Harmony Gold, Sadpo make headlines

Magazine round up | 24 June 2022

Deeming could bring regulatory certainty to much-needed minerals investment – NSDV

Sustainability taking front seat at Harmony Gold

Small diamond miners want big licence holders built in so they can grow sector together

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