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Africa News

Zambia's Maamba Collieries unveils state-of-the-art coal mining equipment

By: African News Agency      Updated 5 hours ago Zambian Mines and Minerals Development Minister Richard Musukwa this weekend officially inaugurated Maamba Collieries’ (MCL's) most recent acquisition, a state-of-the-art, high technology surface miner, the company said on Saturday.  MCL thus became the first mining firm in Zambia to operate this... 

South Africa has 22 operating manganese mines – AmaranthCX ­ 

By: Martin Creamer     Updated 6 hours ago South Africa has 22 operating manganese mines, with only four of them owned in part by Johannesburg Stock Exchange (JSE)-listed companies, AmaranthCX director Paul Miller has calculated. All are in the Northern Cape, except for four small mines well outside the Northern Cape in the North West,... 

South Africa has 22 operating manganese mines – AmaranthCX ­
Mamatwan manganese mine in South Africa's Northern Cape.

Eskom tests market for Medupi flue gas desulphurisation solutions 

By: Terence Creamer     Updated 6 hours ago State-owned electricity utility Eskom has issued a no-obligation request for information (RFI) in a bid to gain insight into what flue gas desulphurisation (FGD) technologies are currently available and to assess their potential suitability for deployment at the Medupi power station, in Limpopo.... 

Eskom tests market for Medupi flue gas desulphurisation solutions

Togo govt change ‘won't impact’ Keras’ project progress

By: Simone Liedtke     28th September 2020 Aim-listed mineral resource company Keras Resources says it “looks forward” to continuing its work with the incoming Togo government, following the election in February this year. Togolese PM Komi Selom Klassou and his government have resigned and while this resignation was expected, it was... 

Resolute reaches accord with striking union in Mali

By: Marleny Arnoldi     28th September 2020 ASX-listed Resolute Mining’s subsidiary in Mali has managed to sign a conciliation agreement with a union representing workers at the company’s Syama gold mine in the country, which will prevent further strike action at the mine. Resolute’s subsidiary in the country, Société des Mines de Syama... 

Zambia chamber of mines says double taxation hurting investment

By: Reuters     28th September 2020 Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. Since 2019, mineral royalty payments have not been treated as a deductible expense when calculating corporate income tax and... 

Kenmare safely relocates WCP B plant to Pilivili

By: Tasneem Bulbulia     28th September 2020 Mineral sands producer Kenmare Resources has safely relocated the wet concentrator plant (WCP) B to Pilivili at its Moma titanium minerals mine, in northern Mozambique. Kenmare previously announced three development projects that together have the objective of increasing ilmenite production to... 

Angolan wealth fund invests further $8.6m in Pensana

By: Simone Liedtke     28th September 2020 Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA) has committed to a further $8.6-million equity investment in junior miner Pensana Rare Earths. The investment will be used to advance the Longonjo project, in Angola, as the first major rare earth mine to be developed in over a decade... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa 

By: Terence Creamer     28th September 2020 President Cyril Ramaphosa says the Gazetting of a Ministerial determination enabling the development of more than 11 800 MW of new electricity capacity by independent power producers signals government’s intention to move ahead with one of the key reforms needed to unlock growth and investment in... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa
Photo by Creamer Media
President Cyril Ramaphosa

Pandemic bolsters US demand for precious metals

By: Tasneem Bulbulia     25th September 2020 The Covid-19 pandemic has acted as a catalyst for furthering investment in gold and silver in the US, with a new wave of investors who have never bought precious metals before now considering investing in such assets, Monex Precious Metals broker Albert Johnston III said during an LBMA-hosted... 

Manganese market fundamentals reaffirmed at Tesla Battery Day

By: Marleny Arnoldi     25th September 2020 TSX-V-listed Giyani Metals Corporation says it is encouraged by the endorsement of high-purity manganese as a critical component of cathode chemistries, as discussed during the Tesla Battery Day event on September 22. Tesla announced that the cathode chemistry for its intermediate range... 

Manganese market fundamentals reaffirmed at Tesla Battery Day
Photo by Creamer Media
Manganese ore

Green hydrogen economy growing rapidly – Hatch 

By: Martin Creamer     25th September 2020 At Glencore’s Raglan Mine, in Canada, a closed loop, microgrid system converts excess wind power to hydrogen, which is then stored in tanks. During periods of low wind power, a fuel cell produces electricity from the stored hydrogen, and within the facility are also innovations such as a battery... 

Green hydrogen economy growing rapidly – Hatch
Photo by Raglan Mine
Glencore's Raglan Mine in Canada.

Diesel vehicle push could boost platinum demand, says WPIC 

By: Donna Slater     25th September 2020 A resurgence in encouraging vehicle buyers to buy diesel vehicles could result in a boost for platinum demand, says the World Platinum Investment Council (WPIC). In January 2021, the European Commission will measure the average fleet carbon dioxide (CO2) emissions of each European automotive... 

Precious metals set for worst week since March on rising dollar

By: Bloomberg     25th September 2020 Gold extended losses, capping a torrid week for precious metals, which are set for their biggest losses since the virus panicked markets in March. Bullion declined again on Friday as the US dollar rose, after touching the lowest since July a day earlier. The outlook for the global economic... 

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5 

By: Marleny Arnoldi     25th September 2020 Mineral Resources and Energy Minister Gwede Mantashe on September 25 gazetted a Section 34 Determination to procure energy from independent power producers. This paves the way for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme.  

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5

‘Emergency’ IPP power projects to be grid-connected by mid-2022 

By: Marleny Arnoldi     25th September 2020 The Department of Mineral Resources and Energy (DMRE) and the Independent Power Producer (IPP) Office has set the long-stop date for projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) to start commercial operation as the end of June 2022. The... 

‘Emergency’ IPP power projects to be grid-connected by mid-2022

Zambia to remove import duty on copper ore

By: Mariaan Webb     25th September 2020 Zambia will remove import duty on copper ores and concentrates to encourage local processing, Finance Minister Bwalya Ng’andu said in a Budget speech delivered in Parliament on Friday. Africa's second largest copper producer saw its export earnings from the metal in the first half of the year... 

Tin prices to extend rally as electronics sector recovers

By: Reuters     25th September 2020 Tin prices are due to extend their rally next year as top consumer China stocks up on the metal due to a recovery in demand for electronic goods. The bulk of tin, making up nearly half of demand, goes into solder, used chiefly in the electronics industry to connect components. 

Minergy achieves milestones despite Covid-19 impact

By: Tasneem Bulbulia     25th September 2020 Coal mining and trading company Minergy recorded considerable achievements and milestones during the financial year ended June 30, despite a significant part of the year being impacted by Covid-19. “Despite border restrictions between South Africa and Botswana (a minimum of 15 weeks), Minergy, in... 

Minergy achieves milestones despite Covid-19 impact
Morné du Plessis

Gold mining, green hydrogen, Pan African make headlines 

25th September 2020 Mining Weekly Editor Martin Creamer unpacks the need for business and government to look seriously at mining material from gold mine dumps and tailings dams, Australia  producing green hydrogen at $2/kg and Pan African Resource’s R150-million solar PV project that authorities are supporting.   

Gold mining, green hydrogen, Pan African make headlines
Gold mining, green hydrogen, Pan African make headlines

Output expectations at Gruyere adjusted

By: Esmarie Iannucci     24th September 2020 Gold miner Gold Road Resources has reported a seven-day interruption at its Gruyere joint venture (JV) with Gold Fields, in Western Australia. The company said that a ball mill motor bearing failure occurred on a restart of the Gruyere processing facility after a scheduled maintenance shutdown.... 

Output expectations at Gruyere adjusted

Tshipi continues to deliver

By: Esmarie Iannucci     24th September 2020 ASX-listed Jupiter Mines on Thursday said that production and exports from its Tshipi Borwa manganese mine, in South Africa, remained on track, despite the project tracking behind plan. The company told shareholders that overall mining volumes during the quarter ended August were below plan as... 

Buffalo Coal subsidiary granted 30-year mining right

By: Creamer Media Reporter      23rd September 2020 TSX-V- and AltX-listed Buffalo Coal's 70%-owned subsidiary, Zinoju Coal, has been granted a 30-year mining right to mine coal primarily from the Aviemore North Adit reserves, in Dundee, in South Africa's KwaZulu-Natal province. Zinoju holds a 100% interest in the Aviemore anthracite mine. 

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables 

By: Terence Creamer     23rd September 2020 A new study, which outlines global best practices for just-transition journeys, includes ten lessons for South Africa to consider as the country prepares to navigate what it hopes will be a just transition, over the coming decades, from an electricity sector based on coal to one based... 

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables

World Jewellery Confederation welcomes new ISO diamond grading standard

By: Marleny Arnoldi     23rd September 2020 The World Jewellery Confederation (Cibjo) has welcomed the new publication by nongovernmental body International Standards Organisation (ISO) of the internationally recognised diamond grading standard and says it is a historic moment for the global diamond industry. The confederation explains... 

World Jewellery Confederation welcomes new ISO diamond grading standard

WPIC expects ETF inflows to taper down in last quarter after record highs

By: Marleny Arnoldi     23rd September 2020 Platinum exchange-traded funds (ETFs) saw significant inflows in the second quarter, with holdings having increased by 122 000 oz. This compares to outflows of 213 000 oz during the first quarter, which mostly occurred in March when some investors sold platinum to raise cash amid a global... 

Mashaba vows retrieval of bodies from 2016 accident at Lily mine 

By: Sane Dhlamini     23rd September 2020 ActionSA leader Herman Mashaba on Wednesday said his party’s legal team will aim to present the Department of Mineral Resources and Energy with a court order to retrieve the container at Lily mine in which three miners were trapped during a 2016 mine collapse. Three miners – Yvonne Mnisi, Pretty... 

Mashaba vows retrieval of bodies from 2016 accident at Lily mine
ActionSA leader Herman Mashaba

Gold may hit record before year-end on election risk, Citi warns

By: Bloomberg     23rd September 2020 Gold could hit a record before the year-end, aided in part by the risks surrounding the US Presidential election, according to Citigroup. Uncertainty over the contest and delays about the outcome may “be under-appreciated by precious metals markets", analysts including Aakash Doshi said in a... 

Gold may hit record before year-end on election risk, Citi warns

Cobalt will not be taken out of batteries anytime soon – First Cobalt

By: Mariaan Webb     23rd September 2020 Canada’s First Cobalt, which owns North America’s only permitted cobalt refinery, is confident that cobalt will continue to play an essential role batteries, despite Tesla CEO Elon Musk predicting a future with no graphite and no cobalt. Responding to Musk’s comments at the Tesla Battery Day on... 

Cobalt will not be taken out of batteries anytime soon – First Cobalt

Green hydrogen study integrating SADC ahead of trillion dollar market emergence  

By: Martin Creamer     23rd September 2020 A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADF) region ahead of the projected opening up of a trillion dollar market going into the future. Funded €5.7-million by the Germany Federal Ministry of... 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Lindian takes majority stake in Guinea bauxite project

By: Esmarie Iannucci     23rd September 2020 ASX-listed junior Lindian Resources has struck an agreement with privately held Sarmin Bauxite to acquire a 75% interest in the Lelouma bauxite project, in the Republic of Guinea. Under the terms of the agreement, Lindian would issue more than 30.67-million shares, at an implied price of 1.6c... 

Glencore says Kamoto Copper Company ramping up to full production

By: Reuters     23rd September 2020 Glencore's head of Africa copper on Tuesday said its Democratic Republic of Congo subsidiary Kamoto Copper Company (KCC) is ramping up to full production and should produce 270 000 t of copper as cathode in 2020. KCC is also expected to produce 25 000 t of cobalt hydroxide, Glencore's Mark Davis... 

Steelpoortdrift advances to PFS  

By: Esmarie Iannucci     23rd September 2020 A scoping study into the Steelpoortdrift vanadium project, in South Africa, has estimated that the project would require a capital investment of $161.5-million, ASX-listed Vanadium Resources said. The study estimated that the project produce between 18.7-million and 20.8-million pounds of... 

Steelpoortdrift advances to PFS

Russian plan to dig biggest Zimbabwe platinum mine clears hurdle

By: Bloomberg     23rd September 2020 A project that aims to develop Zimbabwe’s biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a $500-million syndicated funding programme. While some work has started on the mine, with... 

Resources Watch 

23rd September 2020 This week: Solar to provide most of gold plants’ daytime power; Mponeng integration presenting ‘wonderful opportunities’; and, Egoli likely to be S Africa’s least complicated underground gold mine 

Resources Watch
Resources Watch

B2Gold is comfortable being in Mali – CEO

By: Mariaan Webb     23rd September 2020 Canada-based gold miner B2Gold has not lost any production because of Covid-19 or the recent military coup in Mali and believes that the political situation in the West African nation is “heading in the right direction”. Commenting on the August military coup that saw Ibrahim Boubacar Keita... 

B2Gold is comfortable being in Mali – CEO
B2Gold CEO Clive Johnson

Less than half the gold sent to big refiners comes from mines - LBMA

By: Reuters     22nd September 2020 Less than half the gold processed by major refiners in 2018 came from large industrial mines, the London Bullion Market Association said on Tuesday, publishing data revealing for the first time the origin of bullion moving through its system. The LBMA said refiners it accredits, which dominate... 

De Beers cuts prices for smaller diamonds

By: Bloomberg     22nd September 2020 De Beers has cut prices for smaller diamonds in its latest move to draw customers back to the market after the coronavirus froze up trading in precious stones. The company had already discounted bigger and more expensive stones last month for the first time since the pandemic struck. It’s now... 

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