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Decision soon on platinum process that can save a Medupi power station worth of power  

By: Martin Creamer     Updated 6 hours ago The definitive feasibility study for the installation of a revolutionary new electricity-slashing processing plant at Pilanesberg platinum mine in the North West will be completed next month in time for an investment decision from the shareholders in KellTechnology South Africa, which are... 

Kelltech’s Keith Liddell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Implats reports significant ESG progress for this year 

By: Simone Liedtke     26th October 2020 Platinum group metals miner Impala Platinum (Implats) made significant progress on its environmental, social and governance (ESG) goals during this year, as highlighted in its ESG report released on October 26. Referring to the miner’s workforce specifically, a statement by social, transformation... 

‘Great opportunity’ to tap Mpumalanga’s grid capacity for just transition – IPP Office  

By: Terence Creamer     26th October 2020 The extension of South Africa’s Renewable Energy Development Zones (REDZs) to areas where coal jobs are at risk, but where grid capacity is available, represents a “great opportunity” to connect new renewable-energy generators while also supporting a just transition for coal workers, a senior... 

IPPO head of technical Pervelan Govender told participants attending the virtual 2020 edition of Windaba that there was potential grid and just-transition virtue to be derived from locating new renewables projects in Mpumalanga. Video & Editing: Kutlwano Matala & Nicholas Boyd. 16.10.2020

Weekly Coal Index Report

26th October 2020 Australian coal prices are playing catch-up with South African prices as Asian buyers focus on value wherever they can get it. South African coal is less competitive into markets such as South Korea and Vietnam, whereas RBCT exports to Turkey were over 500 kt last month, far higher than only... 

Weekly Coal Index Report

Resgen shares to remain suspended until November 9

By: Simone Liedtke     26th October 2020 Energy resources company Resource Generation's (Resgen's) securities on the ASX and JSE will remain suspended, at the company’s request, until November 9. This is an extension from the initially expected trading restart date of October 26. 

AfriTin continues to ramp up production at Uis

By: Tasneem Bulbulia     26th October 2020 Aim-listed AfriTin is continuing with the production ramp-up of its pilot mining and processing facility at its Uis mine, in Namibia, and produced 39 t of tin concentrate containing 27.5 t of tin metal in September. For Stage 1 of Phase 1, the company is targeting the processing of 45 000 t a... 

Kenmare starts production at Pilivili ahead of schedule

By: Tasneem Bulbulia     26th October 2020 Minerals producer Kenmare Resources has announced that the wet concentrator plant (WCP) B at Kenmare Resources’ Moma titanium minerals mine, in northern Mozambique, has started production at the Pilivili orezone, ahead of schedule. WCP B and its dredge were relocated 23 km from their previous... 

Minerals Council advocates for constructive, peaceful engagement following community leader's murder

By: Donna Slater     Updated 6 hours ago The Minerals Council South Africa, “shocked” to hear of the murder of mining community leader Fikile Ntshangase, extends its “deepest condolences” to her family and colleagues. She was shot at her home in Northern KwaZulu-Natal on the night of October 22.  

SRK Consulting highlights Northern Cape mining potential following Joburg Indaba

By: Simone Liedtke     Updated 7 hours ago The Northern Cape’s potential gained considerable mention at the recent Joburg Indaba mining conference as the prospects of South Africa’s minerals sector start to brighten. “It was encouraging to hear a similar message from major mining companies and juniors alike – that there is still... 

SRK Consulting highlights Northern Cape mining potential following Joburg Indaba
SRK Consulting principal mining engineer Joseph Mainama

Megado Gold to list on ASX, start drilling in two weeks

By: Donna Slater     Updated 6 hours ago Ethiopia-focused gold explorer Megado Gold will, on October 27, list on the ASX for the first time with 71.5-million ordinary shares on issue, following a strongly supported and oversubscribed A$6-million initial public offering (IPO). Megado’s push into Ethiopia coincides with that country's... 

Megado Gold to list on ASX, start drilling in two weeks
A bridge under construction near Megado's project in Ethiopia

Hummingbird maintains guidance despite headwinds in third quarter

By: Marleny Arnoldi     26th October 2020 London-listed Hummingbird Resources produced 24 722 oz of gold in the third quarter of the year, compared with the 24 054 oz produced in the second quarter. CEO Dan Betts says that, despite a difficult quarter that was impacted by some of the heaviest rains on record, compounding the already... 

Danakali, AFC in talks as equity funding conditions unlikely to be met by Nov 21

By: Donna Slater     26th October 2020 Although ASX- and LSE-listed potash producer Danakali has been working in “good faith” to satisfy the conditions precedent for the Africa Finance Corporation’s (AFC’s) second tranche equity funding of $28.5-million, the company’s board now considers it unlikely that the conditions precedent will... 

Cardinal still backing Shandong

By: Esmarie Iannucci     26th October 2020 Gold miner Nordgold has told the shareholders of takeover target Cardinal Resources that it would not be improving on its A$1 a share cash offer, unless a higher competing offer emerges. Nordgold last week increased its offer price for Cardinal shares from 90c a share to A$1 a share, matching an... 

Troy raises A$15m for exploration

By: Esmarie Iannucci     26th October 2020 ASX-listed Troy Resources will raise A$15-million through a two tranche share placement to fund exploration work in Guyana. The company on Monday announced that 100-million new shares, at a price of 12c each, would be issued under the company’s existing placement capacity, to raise an initia.... 

Brazil prosecutors accuse BHP, Vale of colluding to reduce payouts to disaster victims

By: Reuters     26th October 2020 Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims of a fatal dam collapse and interfere with a landmark lawsuit against BHP in the UK. A mining waste dam burst in 2015 at BHP and Vale's Samarco joint venture in the... 

Deal with Li Ka-shing gives Canadian oil giant a Biden hedge

By: Bloomberg     26th October 2020 Cenovus Energy  is getting more than just a rival Canadian oil producer with its acquisition of Husky Energy Inc. It’s also shoring up its defenses against an anti-oil sands movement that could get a boost if Joe Biden is elected as the next president of the U.S. Calgary-based Cenovus said Sunday... 

Peabody appoints Yeates COO

By: Creamer Media Reporter      26th October 2020 Coal producer Peabody has announced that Darren Yeates will become COO on November 1. Yeates has been a member of Peabody's board of directors since February 2020 and will remain on the board as a nonindependent director.  

Top copper nation says it can save glaciers without nixing mines

By: Bloomberg     26th October 2020 Chile’s government seeks to strike a balance between protecting glaciers and appeasing investors in the top copper producer -- even as the political opposition pushes a law that could constrain mining in such environmentally fragile areas. “We are in favor of protecting the environment including... 

Top copper nation says it can save glaciers without nixing mines

Nornickel to consider 9-month dividend, looks to limit payments

By: Reuters     26th October 2020 Russia's Norilsk Nickel should keep its dividend payments for 2020 to a mininum level, co-owner and top shareholder Vladimir Potanin told Reuters. Potanin's Interros holding, aluminium producer Rusal and some other stakeholders have an agreement on dividend payouts which suggests that Nornickel... 

Robert Murray, outspoken coal miner who battled EPA, dies at 80

By: Bloomberg     26th October 2020 Robert Murray, a fourth-generation coal miner who became one of the embattled industry’s most outspoken advocates, has died. He was 80. Murray died early Sunday morning at his home in St. Clairsville, Ohio, of a lung disorder, according to Michael Shaheen, the family’s lawyer. He was diagnosed... 

Robert Murray, outspoken coal miner who battled EPA, dies at 80
Robert Murray

Candelaria buys Georgia project from Empire

By: Creamer Media Reporter      26th October 2020 Aim-listed exploration and development company Empire Metals announced on Monday that it had sealed an agreement to sell its share in the Bolnisi copper/gold project, in Georgia, to TSX-V-listed Candelaria Mining for C$7-million. Empire executives Mike Struthers and Neil O’Brien would join... 

Qld resource employment up by 50 000

By: Esmarie Iannucci     26th October 2020 New data by the Queensland Resources Council (QRC) has shown that an additional 50 000 jobs have been created in the resources sector over the past financial year, with the mining, gas and energy industries now employing some 420 000 staff. The QRC on Monday noted that the three sectors added a... 

Qld resource employment up by 50 000

Olaroz operations suspended owing to Covid cases

By: Esmarie Iannucci     26th October 2020 Lithium miner Orocobre has temporarily suspended operations at its Olaroz lithium facility, in Argentina, following positive Covid-19 tests at the site. The ASX- and TSX-listed miner said that operations have been suspended to allow cleaning of the site and rotation of staff after 35 employees... 

Olaroz operations suspended owing to Covid cases

Piedmont raises more cash

By: Esmarie Iannucci     26th October 2020 The underwriters of US lithium developer Piedmont Lithium’s US offering have exercised their option over an additional 300 000 of the company’s American depositary shares (ADSs), raising an additional A$10.6-million. Piedmont last week raised an initial A$70-million through the underwritten US... 

Kanadario negotiates management change agreement, stock surges

By: Mariaan Webb     26th October 2020 Investors piled into explorer Kanadario Gold on Friday, as the Vancouver-headquartered company announced an agreement with G Mining Services and members of the Gignac family that will result in the current management and board being replaced and the company being renamed G Mining Ventures.... 

Senex signs deal with Alinta

By: Esmarie Iannucci     26th October 2020 ASX-listed Senex Energy has struck a sales agreement with energy wholesaler and retailer Alinta Energy for 4 PJ of natural gas. Under the two-year sales agreement, Senex will supply 4 PJ of natural gas from the start of January next year, with the gas to be supplied at the Wallumbilla gas hub, in... 

Rio's 'special' diamonds up for tender

26th October 2020 Diversified miner Rio Tinto has announced that a selection of rough diamonds from the company’s Canadian and Australian mines will be tendered to diamond specialists in October and November. Headlining Rio’s forthcoming “specials” tender, which showcases rough diamonds greater than 10.8 ct, is... 

Aus partners with Singapore to reduce emissions

By: Esmarie Iannucci     26th October 2020 The government of Australia has signed a memorandum of understanding (MoU) with Singapore to advance cooperation on low-emissions technologies and solutions. Under the MoU, Australia and Singapore will share technical knowledge and experience, and collaborate on the development of new... 

Nickel West inks energy deal

By: Esmarie Iannucci     26th October 2020 Mining major BHP has inked a 15-year contract extension to its power purchase agreement (PPA) with energy provider Southern Cross Energy (SCE) for the supply of electricity to its Nickel West operations, in Western Australia. The agreement extends the current arrangement to 2038, giving Nickel... 

MMG says Las Bambas copper shipments back to normal, cuts 2020 guidance

By: Reuters     26th October 2020 Shipments from MMG's Las Bambas copper mine in Peru have returned to normal after nearly a week of disruption, the Hong Kong-listed company said on Monday, even as it slashed its output guidance for the mine in 2020 by more than 10%. Trucking of concentrate from Las Bambas, one of the world's... 

Philippines pushes to end mining lawsuits to pave way for sale

By: Bloomberg     26th October 2020 The Philippines is forming a government task force to resolve legal cases involving its mining assets, trying to push forward with their sale, Finance Secretary Carlos Dominguez said. Lawsuits have hampered the government’s efforts to privatise the assets, Dominguez said in a statement on... 

Rio Tinto asks court to OK sale of partner's diamonds in Canada mine

By: Reuters     26th October 2020 Global miner Rio Tinto is seeking court approval to sell its partner's share of diamonds from a mine in Canada's Northwest Territories, a filing showed, hoping to recover around C$120-million plus legal fees and other costs. Rio owns 60% of Diavik Diamond Mines Inc (DDMI) and says it is owed... 

Rio Tinto asks court to OK sale of partner's diamonds in Canada mine
The Diavik mine

Transnet revamping concessions model to speed up private involvement in rail and ports

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Transnet revamping concessions model to speed up private involvement in rail and ports

Barrick Gold plans to expand exploration in Tanzania

By: Reuters     23rd October 2020  Barrick Gold Corp said on Friday Tanzania has awarded 10 new exploration licenses to the Canadian miner and it plans to spend $8 million to carry out exploration in the country this year. Barrick oversees the management of its assets in Tanzania through Twiga Minerals Corp, a joint venture... 

Central banks net sellers of gold owing to pandemic, says Refinitiv

By: Tasneem Bulbulia     23rd October 2020 Central banks shifted to net sellers for the first time in nearly a decade, with net sales estimated at just under 13 t for the third quarter, research from financial markets data company Refinitiv shows. The shift was driven by an absence of purchases from Russia and China, as well as a... 

Streaming company Wheaton to list on LSE

By: Mariaan Webb     23rd October 2020 Streaming company Wheaton Precious Metals will list on the London exchange on October 28, the company, which already trades in Toronto and New York, announced on Friday. Wheaton enters into agreements to purchase all, or a portion, of the precious metals production from mines located around the... 

Streaming company Wheaton to list on LSE

Kefi chairperson says pleased with developments at Ethiopia, Saudi Arabia projects

By: Tasneem Bulbulia     23rd October 2020 Aim-listed Kefi chairperson Harry Anagnostaras-Adams says he is delighted that the funding consortium for the Tulu Kapi project, in Ethiopia, has been finalised and that the overall project timetable for targeting the start of production in the fourth quarter of 2022 has been maintained. Kefi on... 

Exxaro sets out to improve the streets of Belfast

By: Marleny Arnoldi     23rd October 2020 JSE-listed diversified miner Exxaro Resources on October 23 held a sod-turning ceremony in Belfast, Mpumalanga, to mark the start of its rehabilitation of the town’s streets and associated stormwater management systems. As part of Exxaro’s commitment to local economic development, the objective... 

Exxaro sets out to improve the streets of Belfast
Exxaro sod-turning ceremony in Belfast

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Decision soon on platinum process that can save a Medupi power station worth of power

‘Great opportunity’ to tap Mpumalanga’s grid capacity for just transition – IPP Office

On-The-Air (23/10/2020)

Gold Fields, export tax, coal mine disposal make headlines

Experience from other health crises shaped mining industry’s rapid pandemic response

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