R/€ = 17.11 Change: 0.23
R/$ = 14.41 Change: 0.21
Au 1808.90 $/oz Change: -20.11
Pt 1064.50 $/oz Change: 6.50

Email me free daily news

Email address

Anglo working towards collaborative decarbonised energy advance across South Africa  

By: Martin Creamer     30th July 2021 Anglo American, which will have all of its South American operations on renewable energy by the end of next year, is working towards trying to achieve a collaborative multi-company government- and Eskom-linked decarbonised energy advance across South Africa. Speaking to Mining Weekly in a Zoom... 

Anglo American CEO Mark Cutifani speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Gold Fields vaccinates 73% of South African employees

By: Marleny Arnoldi     Updated 4 hours ago JSE-listed Gold Fields has vaccinated 73% of its South African workforce, based at the South Deep mine, in Gauteng. The company on August 2 announced the completion of a week-long Covid-19 vaccination programme, which resulted in 3 122 employees and contractors voluntarily vaccinated.  

Orion inks Okiep deal to expand copper reach

By: Donna Slater     Updated 4 hours ago JSE- and ASX-listed diversified metal explorer and developer Orion Minerals has exercised its exclusive option to acquire a controlling interest in the majority of the properties comprising the Okiep copper project (OCP), in the Northern Cape. In addition to the OCP option acquisition, Orion has... 

Weekly Coal Index Report

Updated 5 hours ago South Africa’s Eskom has presented its decarbonisation plans going forward, which sees gas, solar and wind as preferred future technologies, assisted by micro grids and battery storage. The old coal stations (Komati, Grootvlei and Camden) are likely targets for gas conversion but of course these... 

A graph showing the spot prices of coal in July 2021.

Isondo project showcasing intent in green hydrogen in South Africa

By: Tasneem Bulbulia     Updated 4 hours ago  The green hydrogen economy offers South Africa a considerable advantage in using its natural resources to help reindustrialise its economy and this is being supported by various policies and initiatives. One such initiative is the start of the construction process for fuel cell components... 

An image of Isondo founder and CEO Vinay Somera
Vinay Somera

Etango-8 PFS proves positive

By: Esmarie Iannucci     2nd August 2021 A prefeasibility study (PFS) into the Etango-8 uranium project, in Namibia, has confirmed the technical and economic viability of an eight-million-tonne-a-year operation. ASX-listed Bannerman Resources on Monday announced that the project would require a capital investment of $274-million to... 

Sudan’s official gold output almost doubles as smuggling curbed

By: Bloomberg     2nd August 2021 Sudan’s official gold output nearly doubled in the first half of 2021 as authorities reined in smuggling, a Sudanese Mineral Resources official said, marking a partial success in efforts to salvage the economy. The North African nation recorded production of 30.3 tons between January and the end... 

Sibanye advances battery metals strategy with acquisition of French nickel refinery  

By: Marleny Arnoldi     30th July 2021 Precious metals miner Sibanye-Stillwater has taken the next step in expanding its footprint in the battery metals sector by entering into an exclusive put option agreement with French mining group Eramet to acquire the Sandouville nickel hydrometallurgical processing facility, in France, for... 

Nickel ore

Glencore lowers full-year coal, nickel output guidance

By: Marleny Arnoldi     30th July 2021 Diversified miner Glencore expects to meet the $3.2-billion top end of its full-year earnings before interest and taxes guidance owing to a strong performance from the company’s marketing business. This was despite the company reporting only modest increases year-on-year in copper production,... 

Glencore's Koniambo operation, in New Caledonia
Glencore's Koniambo operation, in New Caledonia

Ramaphosa sees big green economy opportunity in ‘bold’ climate commitment 

By: Terence Creamer     30th July 2021 President Cyril Ramaphosa says it is time for South Africa to “grasp the nettle” and embark on a “transformative path” towards a climate-resilient society both to fulfil its moral obligations in the face of an intensifying crisis, but also to seize the economic and job opportunities that are... 

Photo of President Cyril Ramaphosa
President Cyril Ramaphosa

Rio Tinto, Komatsu partner on development of zero-emission mining haulage solutions

By: Tasneem Bulbulia     Updated 3 hours ago Global mining group Rio Tinto and manufacturing company Komatsu are partnering to fast-track the development and implementation of zero-emission mining haulage solutions, including haul trucks. Rio will conduct a pre-production trial of the new equipment at one of its sites and has the option to... 

Gold Fields says interim normalised earnings to rise by up to 38%

By: Donna Slater     30th July 2021 JSE- and NYSE-listed gold miner Gold Fields reports that its basic earnings a share for the six months ended June 30, are expected to be between $0.42 and $0.46 – a year-on-year increase of between 133% and 156%.   The miner’s headline earnings a share for the six months are expected to be... 

Master Drilling buys 25% stake in A&R Group

By: Marleny Arnoldi     30th July 2021 JSE-listed Master Drilling has acquired a 25% stake in A&R Group. A&R, with its subsidiaries A&R Engineering & Mining Supplies and Lamproom Solutions & Consulting, specialises in mine mechanisation and digitisation.  

MC Mining’s Uitkomst lifts second-quarter output by 208% y/y

By: Donna Slater     30th July 2021 JSE-, Aim- and ASX-listed coal explorer and miner MC Mining reports that its Uitkomst colliery had produced 127 927 t of run-of-mine coal in the second quarter of this year – a 208% year-on-year increase. Production during the comparative period in 2020 was limited as a result of the South... 

Zimplats notes quarterly improvement in output

By: Marleny Arnoldi     30th July 2021 ASX-listed Zimplats’ production of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) platinum group metals (PGMs) for the quarter ended June 30, increased by 12% quarter-on-quarter, but decreased by 5% year-on-year,. Specifically, the company produced 70 688 oz of platinum, 59 544... 

Lucara recovers 393 ct diamond at Karowe

By: Donna Slater     30th July 2021 TSX-listed diamond miner Lucara Diamond Corporation has recovered a 393.5 ct top white Type IIa gem-quality diamond from its 100%-owned Karowe diamond mine in Botswana. The diamond was recovered from direct milling of ore sourced from the M/PK(S) unit of the south lobe of the mine. 

A 393.5 ct top white Type IIa gem-quality diamond recovered from Lucara's Karowe diamond mine in Botswana
The 393.5 ct top white Type IIa gem-quality diamond recovered from Lucara's Karowe diamond mine in Botswana

PTM chief resigns

By: Marleny Arnoldi     30th July 2021 TSX- and NYSE-listed Platinum Group Metals (PTM) has announced the resignation of its president, CEO and director Michael Jones, effective immediately. He will continue to consult for the company until the end of the year to provide transition assistance.  

Thor pours first gold in Nigeria

By: Marleny Arnoldi     30th July 2021 TSX-V- and Aim-listed Thor Explorations has poured the first gold at its Segilola project, in Nigeria. The process plant will now be ramped up over the next six weeks, with commercial production expected from September.  

Sylvania appoints Adrian Reynolds to board

By: Tasneem Bulbulia     30th July 2021 Aim-listed Sylvania Platinum has appointed Adrian Reynolds as independent nonexecutive director, with effect from August 1. Reynolds has over 40 years' experience in the mining and minerals industry. 

Anglo American, iron-ore export line, PGMs make headlines   

30th July 2021 Mining Weekly Editor Martin Creamer unpacks Anglo American’s record half-year financial performance; Transnet & Kumba Iron Ore working to refurbish the iron-ore export line; and Anglo American Platinum eyeing computing and food technology as areas of opportunity for Platinum Group Metals.   

Anglo American, iron-ore export line, PGMs make headlines

Bushveld welcomes US study findings as a win for the South African vanadium sector

By: Tasneem Bulbulia     Updated 14 minutes ago Aim-listed Bushveld Minerals says it is “delighted” by the results released on July 29 by the US Department of Commerce on its investigation, under Section 232 of the Trade Expansion Act of 1962, into the effect of imports of vanadium on the national security of the US. Bushveld is one of only... 

Ongoing decline in Eskom’s coal performance drove another ‘intensive’ period of load-shedding in first half of 2021

By: Terence Creamer     Updated 44 minutes ago A continuing decline in the performance of the Eskom coal fleet drove yet another “intensive” period of load-shedding in South Africa during the first six months of 2021, when rotational power cuts were implemented for 650 hours, or 15% of the time. A new Council for Scientific and Industrial... 

Photo of an Eskom substation
Eskom substation

Bauba to appoint board replacements following three resignations

By: Simone Liedtke     Updated 1 hour 14 minutes ago Diversified miner and explorer Bauba Platinum is undertaking a process to appoint a suitable successor to its chairperson and two independent nonexecutive directors. Nonexecutive director and chairperson Nico van der Hoven has resigned from his positions on the board with effect from July 30 but... 

Gold can still top $3 000 amid recovery, says Quadriga fund

By: Bloomberg     Updated 2 hours 3 minutes ago Gold is primed to surge to fresh highs as the risks around central banks unwinding massive stimulus are under-appreciated by investors, said a fund manager who forecast the metal’s ascent to a record last year. Diego Parrilla, who manages the $250-million Quadriga Igneo fund, said there isn’t... 

Gold can still top $3 000 amid recovery, says Quadriga fund

More underground mines planned for Tropicana – AngloGold

By: Esmarie Iannucci     Updated 4 hours ago Gold miner AngloGold Ashanti will start a feasibility study into a second underground mine at its Tropicana operations, in Western Australia, in 2021. Speaking at the Diggers & Dealers conference, in Kalgoorlie, AngloGold Ashanti senior VP for Australia, Michael Erickson noted that the miner had... 

SSR Mining sells royalty portfolio for $100m

By: Creamer Media Reporter      Updated 4 hours ago Intermediate gold miner SSR Mining will sell a portfolio of royalty interests and deferred payments to EMX Royalty for $100-million. The consideration includes $33-million in cash, $33-million in EMX shares, and $34-million in deferred compensation payments to be delivered upon achievement of... 

Nuclear power could get lifeline in Senate infrastructure Bill

By: Bloomberg     Updated 5 hours ago Struggling nuclear power reactors could be given a $6-billion lifeline in the bipartisan infrastructure bill being written in the US Senate, according to a draft obtained by Bloomberg News. Reactors that use domestically mined and enriched uranium would be given priority under the proposed... 

An image of a processing facility at the Nichols Ranch uranium mine in Wyoming.
Energy Fuels owns and operates the Nichols Ranch in-situ recovery mine and processing facility in Wyoming.

Darlot ore bound for KOTH - Red 5

By: Esmarie Iannucci     Updated 5 hours ago Gold miner Red 5 has unveiled plans to transition its Darlot underground mine, in Western Australia, into an additional medium-term, high-grade feed source for its new King of the Hills (KOTH) processing plant. “Following an exhaustive review of the Darlot operation, we are pleased to announce a... 

Venturex goes underground, changes name

By: Esmarie Iannucci     Updated 6 hours ago ASX-listed Venturex Resources on Monday unveiled a rebrand, with the company’s base metal assets now to be supported by an underground services arm. MD Bill Beament used the Diggers & Dealers forum to unveil the rebrand, with Venturex now to be called Develop. 

An image of Bill Beament
Bill Beament

Codelco lifts copper output in boost to tight market

By: Bloomberg     Updated 6 hours ago Codelco’s sales surged last quarter as the world’s biggest copper supplier ramped up production just as rebounding economies sent prices of the metal to record highs. The State-owned producer has navigated pandemic restrictions in Chile better than some of its private-sector rivals this year,... 

Codelco lifts copper output in boost to tight market

IGO open to more acquisitions

By: Esmarie Iannucci     Updated 6 hours ago ASX-listed Independence Group (IGO) is still open to nickel, copper and cobalt acquisitions, MD and CEO Peter Bradford said on Monday. Speaking on the sidelines of the Diggers & Dealers conference, he said that the company would evaluate potential acquisition opportunities on a range of... 

From miners to big oil, the great commodity cash machine is back

By: Bloomberg     Updated 6 hours ago Just over five years ago Anglo American was in deep trouble. The natural resources giant, beset by a collapse in commodity prices, scrapped its dividend and announced plans to close mines and cut thousands of workers. Amid talk of an emergency capital raise, its market value fell to less than... 

An image of Shell CEO Ben van Beurden
Shell CEO Ben van Beurden

Top copper mine moves closer to strike as workers snub offer

By: Bloomberg     Updated 7 hours ago Workers at the world’s biggest copper mine voted to strike, overwhelmingly rejecting owner BHP Group’s final wage offer, in a move that will stoke concerns over global supplies of the metal. In voting this week, 99.5% of 2,175 members of the main union at Escondida choose to pressure BHP into... 

An image of an opencast copper mine in Chile.
The Escondida mine, in Chile.

Native Americans ask court to block Lithium Americas Corp Nevada mine

By: Reuters     Updated 7 hours ago Two Native American tribes have formally asked a US federal court to prevent Lithium Americas from excavating its Thacker Pass lithium mine site in Nevada, which they say contains their ancestors' bones and should not be disturbed. The Reno-Sparks Indian Colony and Atsa koodakuh wyh Nuwu/People... 

Fledgling Peru govt seeks 'new deal' with miners - Minister

By: Reuters     Updated 7 hours ago Peru will seek "a new deal" with its all-important mining sector by providing incentives for projects with "social profitability" in the world's No. 2 copper producer, new Energy and Mining Minister Ivan Merino told Reuters. In his first interview since becoming Minister on Thursday, he said... 

Rare earths miner Lynas on target in Kalgoorlie

By: Esmarie Iannucci     Updated 7 hours ago Rare earths miner Lynas Rare Earths was optimistic that it would receive Environmental Protection Authority (EPA) approval for its Kalgoorlie rare earths processing facility before the end of the year, allowing it to meet its mid-2023 production target. Speaking at the Diggers & Dealers... 

An image showing hard hats with Lynas branding.

Ramelius targets more gold in near future

By: Esmarie Iannucci     Updated 7 hours ago Gold miner Ramelius Resources has unveiled a new mine plan for its Western Australian assets, which has seen its production targets to 2028 increase by some 27% on the previous plan. The company stated on Monday that it would deliver some 1.84-million ounces across the seven years, at an all-in... 

Northern Star starts Thunderbox expansion

By: Esmarie Iannucci     Updated 7 hours ago Gold miner Northern Star Resources has awarded ASX-listed GR Engineering Services a A$101-million engineering, procurement and construction (EPC) contract for the Thunderbox six-million tonne a year expansion project, in Western Australia. The expansion project would increase the Thunderbox... 

Latest News  by  


Company Post


Latest Videos and Audio

Anglo working towards collaborative decarbonised energy advance across South Africa

Anglo American, iron-ore export line, PGMs make headlines

Magazine round up | 30 July 2021

On-The-Air (30/07/2021)

ESG business critical, not just the right thing to do

Anglo on trajectory towards becoming minerals solutions provider

De Beers bounces back to 2019 levels with outstanding performance

Consumer demand for gold returning – WGC


Services News

Consulting Engineers

Contract mining

Crushing and Screening

Drilling and Tunnelling


Energy Services


Furnaces and Kilns

Material Handling




Company Announcements


Research Reports


Press Office


RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


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


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close