https://www.miningweekly.com
R/€ = 17.34 Change: -0.04
R/$ = 14.59 Change: -0.03
Au 1814.19 $/oz Change: -1.17
Pt 1051.85 $/oz Change: -26.65
 

Africa News

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... 

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... 

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

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. 

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.  

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

TerraCom reports fatality at South Africa mine

By: Reuters     30th July 2021 Australian coal miner TerraCom said on Friday a contractor had died at its South African mine on May 6, leading to an 11-day halt in operations at the time. The company in its production report disclosed that the fatality occurred at its 49%-owned New Clydesdale Colliery mine, but did not give... 

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

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.  

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.   

Image of Martin Creamer
Anglo American, iron-ore export line, PGMs make headlines

Nearly a quarter of Sibanye’s South African employees now vaccinated

By: Marleny Arnoldi     29th July 2021 JSE- and NYSE-listed Sibanye-Stillwater has vaccinated just over 8 500 of its South African employees in the last week, bringing the total number of vaccinated employees to 18 500. About 23% of the company’s 80 000-strong workforce in South Africa are now vaccinated.  

Anglo on trajectory towards becoming minerals solutions provider  

By: Martin Creamer     29th July 2021 Diversified mining and marketing company Anglo American, which shot the lights out on Thursday with the presentation of an all-time record set of half-year results, is on its way to becoming a minerals solutions provider rather than a digger of holes. The London- and Johannesburg-listed Anglo is... 

Picture for presentation of results July 2021
Anglo American results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Gold Fields vaccinating South Deep mine employees, contractors

By: Simone Liedtke     29th July 2021 Gold miner Gold Fields’ South Deep mine has received permission from the Department of Health to provide on-site vaccinations to all employees and contractors who wish to be vaccinated during the week of July 26 to 31. The vaccination of the workforce is currently under way in line with the... 

De Beers bounces back to 2019 levels with outstanding performance  

By: Martin Creamer     29th July 2021 Global consumer demand for diamonds continued to recover from the impact of Covid, supported by fiscal stimulus in the US and the roll-out of vaccines, De Beers Group said on Thursday when it was credited with helping Anglo American to achieve an all-time record half-year, a period in which De... 

Picture used with video interview of De Beers CFO
De Beers Group CFO Sarah Kuijlaars interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Kinross unveils share buyback plan, lowers Tasiast restart costs

By: Mariaan Webb     29th July 2021 Canadian gold mining company Kinross on Wednesday announced announced a share buyback programme and rewarded shareholders with a quarterly dividend of $0.03 a share. The Toronto-headquartered company, which also reported its second-quarter results, said it had received TSX approval to establish... 

Kinross CEO Paul Rollinson
Kinross CEO Paul Rollinson

Sustainable mining possible, if ecosystem and individual company approach taken - Michelin

By: Schalk Burger     29th July 2021 Making mining sustainable requires an ecosystem approach in which mining sector supply chain partners and service providers play their part to ensure mining benefits people, the planet and is profitable for companies, says mobility multinational Michelin Africa, India and the Middle East head of... 

World-beating Anglo reports record half-year earnings of $12.1bn 

By: Martin Creamer     29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... 

Picture from Anglo American
Anglo American CEO Mark Cutifani

BlackEarth given port access in Madagascar

By: Esmarie Iannucci     29th July 2021 BlackEarth Minerals on Thursday confirmed that it had secured port access in Madagascar to export graphite concentrate from its Maniry project. The Port d’Ehoala SA (POE) had confirmed that BlackEarth had the right to initially export up to 30 000 t of graphite concentrate, with a provision to... 

Consumer demand for gold returning – WGC 

By: Donna Slater     29th July 2021 Despite dampened investor demand, gold investment increased in the second quarter of this year as a result of consumer investment into the commodity, with demand of 955.1 t – a 9% rise from the first quarter, the World Gold Council (WGC) reports. The WGC’s latest ‘Gold Demand Trends’ report,... 

A gold pour at Elikhulu mine
World Gold Council market intelligence manager Krishan Gopaul discusses gold’s performance in the second quarter of this year

Resolute's output drops in June quarter

By: Esmarie Iannucci     29th July 2021 Africa-focused gold miner Resolute Resources has reported a 10% fall in gold production for the quarter ended June, compared with the March quarter. Gold poured for the three months to June reached 77 450 oz, down from the 85 668 oz poured in the March quarter, while sales declined from 83 400... 

Tax from ‘resilient’ mining sector underpins R38.9bn post-riot relief package 

By: Terence Creamer     28th July 2021 Tax revenues from South Africa’s high-flying mining industry have provided the financial underpin for a new R38.9-billion relief package unveiled by Finance Minister Tito Mboweni on Wednesday to support businesses devastated by recent looting and property destruction and to provide ongoing relief... 

Photo of Finance Minister Tito Mboweni
Finance Minister Tito Mboweni

Power Metal exercises option to acquire Tati gold/nickel project in Botswana

By: Tasneem Bulbulia     28th July 2021 Aim-listed Power Metal Resources has exercised its option to acquire a 100% interest in two gold/nickel exploration licences located within the Tati Greenstone Belt, near Francistown, Botswana, through its local wholly owned operating subsidiary Power Metal Resources Botswana. "The Tati... 

Glencore starts vaccinating South African staff

By: Marleny Arnoldi     28th July 2021 Diversified miner Glencore Operations South Africa has started vaccinating its staff members who are 50 years and older.  The company has already managed to reach hundreds of employees with its vaccine rollout, which started on the morning of July 12, at the Waterval East mine, near Rustenburg. 

Alphamin drilling programmes at Mpama North, South mines to provide ‘excellent synergies’

By: Simone Liedtke     28th July 2021 Tin miner Alphamin Resources has received additional high-grade assay results from its Mpama South exploration drilling programme, while simultaneously starting its life-of-mine extension drilling at the high-grade Mpama North mine, in the Democratic Republic of the Congo. Alphamin has, so far,... 

First Quantum shelves stake sale for Zambia copper mines

By: Reuters     28th July 2021 Canadian copper miner First Quantum Minerals has shelved plans to sell a stake in its Zambian copper mines, COO Tristan Pascall said on Wednesday. China’s Jiangxi Copper Co had been speculated as a potential suitor for minority interests in First Quantum’s Kansanshi and Sentinel mines.... 

First Quantum shelves stake sale for Zambia copper mines

Computing, food tech among many new PGM opportunity areas ­– Anglo Platinum  

By: Martin Creamer     28th July 2021 The computing world is an opportunity area for platinum group metals (PGMs), along with food technology, alloy development, medical advance, waste control, battery and storage  – and that is on top of the now much-celebrated and pervasive green hydrogen feedstock phenomenon. JSE-listed Anglo... 

Picture of Natascha Viljoen from Creamer Media files.
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Gauteng making strides in green hydrogen economy

By: Tasneem Bulbulia     28th July 2021 Only green hydrogen can store and effectively distribute renewable energy to where it is needed at scale, and Gauteng is spearheading some developments in this regard, Jak Koseff, who is special adviser to the Gauteng MEC for Economic Development, has said. Koseff is also one of the leads on... 

An image of adviser to Gauteng MEC for Economic Development Jak Koseff
Jak Koseff

South Africa must capitalise on natural resources to spur green hydrogen economy

By: Tasneem Bulbulia     28th July 2021 The green hydrogen economy offers South Africa a considerable advantage to use its endowment of natural resources to help reindustrialise its economy, as well as for the country to play a leading role in the transition to carbon-neutral world, chemicals company AECI chairperson Dr Khotso Mokhele... 

An image of AECI chairperson Dr Khotso Mokhele
Dr Khotso Mokhele

AECI delivers strong performance as trading environment normalises post-Covid  

By: Simone Liedtke     28th July 2021 Diversified chemicals company AECI delivered a strong performance for the six months to June 30. The trading environment began to normalise during the second half of 2020 following the world’s recovery from the initial waves of Covid-19 infections. This improvement trend continued into this year,... 

PIC OF AECI CEO Mark Dytor
AECI CEO Mark Dytor discusses the interim period with Engineering News. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

Hydrogen offers considerable potential for South Africa, industry stalwart says

By: Tasneem Bulbulia     28th July 2021 There is a consensus that green hydrogen will be central in the transition to a carbon-neutral society, and therefore, the green hydrogen economy offers South Africa a considerable opportunity to use its endowment of natural resources to play a leading role. This was indicated by the former head... 

An image of former head of Toyota’s hydrogen and fuel cell strategy  Professor Katsuhiko Hirose
Professor Katsuhiko Hirose

Caledonia highlights 99% local employment in ESG report

By: Marleny Arnoldi     28th July 2021 In its inaugural environment, social and governance (ESG) report covering its 2020 operational performance at its Blanket mine, in Zimbabwe, London-listed Caledonia Mining Corporation has highlighted some of its key achievements. These include that 99% of its 1 671 employees and contractors... 

Papillon plans to also list on the Nairobi Securities Exchange

By: Tasneem Bulbulia     28th July 2021 Papillon Holdings, which will be renamed Caracal Gold, has appointed Kenya-based Faida Investment Bank as its financial adviser and joint broker, in relation to a proposed listing of the company on the Nairobi Securities Exchange (NSE). This follows the publication of its prospectus on July 20... 

Resources Watch  

28th July 2021 This week: Extremely strong demand for platinum bar and coin; Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers; and, Mine achieves massive earnings boost after employing four more people 

Image of Resources Watch Show
Resources Watch

Petra recovers 342.92 ct diamond at Cullinan

By: Tasneem Bulbulia     28th July 2021 London-listed Petra Diamonds has recovered a 342.92 ct Type IIa white diamond of “exceptional” quality, in terms of both its colour and clarity, at the Cullinan mine in South Africa. The diamond is likely to be sold at the company’s upcoming tender in September. 

An image showing the exceptional 342.92 carat Type IIa white diamond recovered at Cullinan in July 2021
Photo by Petra Diamonds
342.92 ct Type IIa white diamond

Wescoal’s output set to increase in the 2022 financial year

By: Marleny Arnoldi     28th July 2021 JSE-listed Wescoal has advised shareholders that it has started its 2022 financial year off well, delivering 2.24-million run-of-mine (ROM) tonnes in the quarter ended June 30. This compares with 2.2-million ROM tonnes produced in the quarter ended June 30, 2020, and 1.82-million ROM tonnes... 

Rio posts record results

By: Esmarie Iannucci     28th July 2021 Diversified major Rio Tinto has reported record financial results for the six months to June, with sales revenues up by 71% on the previous corresponding period, and underlying earnings up 156%. “Government stimulus in response to ongoing Covid-19 pressures has driven strong demand for our... 

Cobre Panama making good progress – First Quantum

By: Mariaan Webb     28th July 2021 The Cobre Panama copper and gold mine – one of Panama’s biggest ever investments – is making good progress following last year’s Covid-19-related production interruptions, Canadian miner First Quantum reported on Tuesday. The mine produced 81 8686 t of copper and 36 290 oz of gold in the second... 

1
2 3 4 5 6 7 8 9

Latest News

more

Latest Videos

more

Latest News: Australasia

more

Latest News: Americas

more

Topics In These Articles

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
Free daily email newsletter Register Now
Register Close