- Home
- Covid-19 News
- Latest News
- Sector News
- World News
- Magazine
- Video Reports
- Audio
- Research
- Press Office
- Electra Mining
- Announcements
- Topics
- What's On
- Jobs
- Tenders
- Mining Indaba
- Apps
- Product Portal
- About Us
- Legal Notice
- Comment Guidelines
- Marketing Videos
- Live Twitter Feed
Africa News
Alphamin exceeds second-quarter production guidance 
By: Simone Liedtke 8th July 2020 JSE-listed tin concentrate producer Alphamin Resources’ tin production for the second quarter, ended June 30, increased by 29% quarter-on-quarter to 2 739 t. This exceeded the production guidance for the period. →
Gold’s rally to $1 800 sees ETF inflows exceed full-year record
By: Bloomberg 8th July 2020 Gold’s allure is only getting stronger as 2020 unfolds. Spot prices reached $1 800/OZ and year-to-date inflows into bullion-backed exchange-traded funds have topped the record full-year total set in 2009. Investors have favored havens this year as the coronavirus pandemic rips through economies,... →
Germany to become major source of platinum demand for fuel cell EVs, says WPIC
By: Marleny Arnoldi 8th July 2020 As much of Europe prepares for a rapid green energy transition as part of the region's Covid-19 recovery strategy, Germany, in particular, could be the gamechanger that makes widespread adoption of fuel cell electric vehicles (FCEVs) in Europe a reality, says the World Platinum Investment Council... →
GoviEx to appeal termination of Chirundu mining licence
By: Tasneem Bulbulia 8th July 2020 Dual-listed GoviEx Uranium has received a letter from the Mining Cadastre Department of Zambia notifying the company that it had terminated the Chirundu mining licence. Under the Zambian Mines and Minerals Development Act of 2015, GoviEx has been given 30 days to appeal this decision, which the... →
First 1 100 foreign mineworkers scheduled to cross back into South Africa
By: Martin Creamer 8th July 2020 The first batch of 1 100 foreign mineworkers was scheduled to cross back into South Africa on Tuesday, Mining Weekly can report. This is part of a total of 12 500 gold and platinum workers returning from Mozambique, Lesotho and Eswatini, formerly Swaziland. →
Getting it right: Kogi Iron
By: Creamer Media Reporter 8th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European funds management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European funds manager with billions of... →
Resources Watch 
8th July 2020 This week: Covid kills 13 mineworkers, no foreigners back at work; Platinum group metals in pole position to benefit from global decarbonisation thrust; and, Intensive communication playing key role in curbing Covid at South Deep →
Kirkland Lake reports increased gold output
By: Esmarie Iannucci 8th July 2020 Triple listed Kirkland Lake Gold has reported a 54% increase in gold production for the second quarter of 2020, compared with the previous corresponding period. The ASX, TSX, and NYSE-listed company on Wednesday announced that gold production in the three months to June had reached 329 770 oz,... →
Glencore copper mine in Congo says six workers have coronavirus
By: Reuters 8th July 2020 Six workers at Glencore's Kamoto Copper Company (KCC) mine in Democratic Republic of Congo's Lualaba province have tested positive for the coronavirus, KCC said on Tuesday. The copper and cobalt miner said none of the workers screened and tested presented symptoms of Covid-19, adding they are... →
Gold-backed ETFs record seventh consecutive month of positive flows, says WGC
By: Simone Liedtke 7th July 2020 Gold-backed exchange-traded funds (ETFs) recorded their seventh consecutive month of positive flows, adding 104 t in June (equivalent to $5.6-billion or 2.7% of assets under management (AUM)) and taking global holdings to new all-time highs of over 3 621 t. This brings the total global net... →
Committee concerned about impact of new budget on electrification backlog target
By: Marleny Arnoldi 7th July 2020 While still in the process of reviewing the Department of Mineral Resources and Energy’s revised budget for the 2020/21 financial year, the Portfolio Committee on Mineral Resources and Energy has noted its revision to R7.8-billion, from R9.3-billion previously. The revised budget follows after... →
Covid death toll on mines rises to 21, positive cases at 3 119
By: Martin Creamer 7th July 2020 The Covid-19 death toll in the mining industry has risen to 21, Minerals Council South Africa recorded on its website on Tuesday, with the number of Covid-positive cases totalling 3 119. Platinum mining, which employs the most people, continues to have the largest number of Covid deaths so far at... →
Mining industry's Covid statistics.
Correction: Kogi Iron
By: Schalk Burger 7th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European fund management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European fund manager with billions of... →
Coal production to top 8bn tonnes in 2020, says GlobalData
By: Simone Liedtke 7th July 2020 Despite disruptions during the first quarter, global coal production is expected to reach more than 8.1-billion tonnes this year, says data and analytics company GlobalData. A 7.8% fall in production in the US will be a major factor in the overall limited output, the company says, noting that... →
Presidential Climate Change Coordinating Commission seen as key to navigating South Africa’s ‘just transition’
By: Terence Creamer 7th July 2020 A member of South Africa’s National Planning Commission has called for the Presidential Climate Change Coordinating Commission to be established, arguing that such a multi-stakeholder institutional platform is required to implement the just transition vision outlined in the country’s National... →
Eskom to seek authorisation to proceed with repurposing of four coal stations
By: Terence Creamer 7th July 2020 State-owned electricity producer Eskom aims, within the coming months, to seek authorisation from its board and government to initiate a formal bidding process for the repurposing and repowering of the Camden, Komati, Grootvlei and Hendrina coal-fired power stations using lower-carbon generation... →
Second iteration of Aameg Africa Awards to be hosted in November
By: Simone Liedtke 7th July 2020 The Australia-Africa Minerals and Energy Group’s (Aameg’s) premier event for recognising best practice in mineral exploration across the African continent will be having its second iteration on November 4 as part of the Africa Down Under (ADU) conference in Perth, Australia. The event was founded... →
Gold anomalies identified at GoviEx’s Mali uranium project
By: Simone Liedtke 7th July 2020 A recent gold geochemical sampling programme at TSX-V-listed GoviEx Uranium’s Falea uranium/copper/silver project, in Mali, has highlighted significant gold in soil anomalies that show the potential extensions of the Sirabaya West and the Siribaya-Bambadinka gold trends through, and potentially... →
South African govt initiates process of developing societal hydrogen roadmap
By: Martin Creamer 7th July 2020 South Africa’s Department of Science and Innovation (DSI) has initiated a process, with other government and industry stakeholders, to develop a roadmap that will lead South Africa towards a hydrogen society, Mining Weekly can today report. The aim is to create a policy document that will inform... →
EVs are starting to buoy the global metals market
By: Bloomberg 7th July 2020 The market gloom over the metals that will power the cars of the future is starting to lift. Supply overhangs and then the coronavirus pandemic had crushed short-term prospects for the minerals used to make rechargeable batteries. But new government commitments to green transport in China and... →
Kibali's $500m will be cleared to leave Congo 'very soon' - Barrick CEO
By: Reuters 7th July 2020 Barrick Gold's Kibali gold mining joint venture in Democratic Republic of Congo will be able to get $500-million out of the country very soon, CEO Mark Bristow told Reuters on Monday. The gold miner has been in discussions with Congo's government over how to get the money out of the country for... →
Barrick CEO Mark Bristow
Ivanhoe speeds ahead with Kakula underground, plant development
By: Marleny Arnoldi 6th July 2020 TSX-listed Ivanhoe Mines continues to progress ahead of schedule with underground development of the Kakula copper mine, in the Democratic Republic of Congo (DRC). The company, together with its joint venture (JV) partner Zijin Mining Group, has completed more than 17 km of underground... →
Osborn completes first equipment installation in CIS region
By: Marleny Arnoldi 6th July 2020 Mining and quarrying equipment specialist Osborn has completed an export order to Kyrgyzstan, which extends its reach into the Commonwealth of Independent States (CIS) region. The equipment supplied by Osborn has been installed at the country’s second-largest gold mine, the Jerooy gold project. →
Power Metal raises £1m to accelerate exploration
By: Schalk Burger 6th July 2020 Aim-listed metals exploration and development company Power Metal Resources has raised £1-million to accelerate exploration across its portfolio of projects and to commercialise select project interests. The funds raised will increase the available working capital (cash and listed financial... →
Cora records notable results in Mali, Senegal
By: Tasneem Bulbulia 6th July 2020 West Africa-focused Cora Gold has recorded notable results from ongoing exploration programmes from its regional portfolio of permits in west Mali and Senegal. Results from exploration programmes continue to enhance the permits’ prospectivity and identify new drill targets, the company says. →
Minerals Council regrets delay of 2018 Mining Charter review
By: Martin Creamer 6th July 2020 Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... →
Minerals Council South Africa.
IDC agrees to restructure MC Mining loan facility
By: Marleny Arnoldi 6th July 2020 Coal miner MC Mining has concluded a conditional loan restructuring agreement with the Industrial Development Corporation (IDC) of South Africa, which increased the IDC’s project level interest in the Makhado coal project to 6.7%. The company first secured a R240-million loan facility from the... →
Air Products and thyssenkrupp sign green hydrogen agreement
By: Schalk Burger 6th July 2020 NYSE-listed industrial gases multinational Air Products and industrial technology multinational thyssenkrupp on July 5 announced that they had signed an exclusive strategic cooperation agreement to develop world-scale electrolysis plants to generate green hydrogen. The two companies will... →
Endeavour permitted to mine extended area around Houndé mine
By: Marleny Arnoldi 6th July 2020 TSX-listed Endeavour Mining has been granted a mining permit extension by the Burkina Faso government, covering the full Kari Area at its Houndé gold mine. The Kari area hosts the Kari Gap, Kari South, Kari Pump, Kari Center and Kari West discoveries. →
Third-quarter ferrochrome benchmark price rolls over at $1.14/lb
By: Martin Creamer 6th July 2020 The European benchmark ferrochrome price for the third quarter of 2020 has been settled at $1.14/lb, a rollover from the second quarter of 2020, JSE-listed Merafe Resources advised shareholders on Monday. This price remains an increase of 12.9% on the first-quarter price of $1.01/lb. →
Lion ferrochrome.
Copper poised to maintain upward price trajectory, says ERG CEO
By: Simone Liedtke 6th July 2020 Diversified miner Eurasian Resources Group (ERG) says the unprecedented levels of stimulus across the world are set to sustain the recovery in copper demand in the longer term, with the supply impact of the Covid-19 pandemic expected to extend beyond this year. Growth drivers include the digital... →
Australia's Prospect Resources picks adviser for sale of Zimbabwe lithium mine
By: Reuters 6th July 2020 Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible sale of shares in Zimbabwe's Arcadia Lithium mine to Russian energy firm Uranium One. Uranium One, a unit of Russia's state-owned nuclear energy... →
Weekly Coal Index Report
6th July 2020 Physical coal markets can’t seem to catch a break. Even as paper prices strengthened slightly across the curve, the discount to physical deepened as lack of buyer activity persisted. The Rand is also stubbornly strengthening as a wave of “risk on” sentiment permeates global markets and the energy... →
La Mancha's $100m investment in Endeavour completed
By: Schalk Burger 6th July 2020 TSX-listed gold producer Endeavour has issued 4.51-million shares to La Mancha in exchange for $100-million. The transaction came about as La Mancha chose to exercise its antidilution rights following Endeavour's merger with fellow West Africa-focused miner Semafo. →
Displacement continuing at copper mine where openpit give way is imminent
By: Martin Creamer 6th July 2020 Vertical and horizontal displacement is continuing at the Nchanga Open Pit Cut 2 in Chingola in Zambia, where geo-technical assessments point to an imminent collapse of a portion of the open pit – but the anticipated slough had not happened by late Sunday when Mining Weekly spoke by phone to... →
Konkola Copper Mines CEO Chris Sheppard.
Keep SMB's Congo coltan mine in supply chains, says mineral tracker
By: Reuters 5th July 2020 Insecurity around Société Minière de Bisunzu's (SMB) coltan mine in Democratic Republic of Congo could get worse if it is cut out of supply chains following a deadly grenade attack there, the company running the mine's mineral tracing scheme said. Up to three people were reported killed in the... →
Sasol gives up licence to seek offshore gas in Mozambique
By: Reuters 5th July 2020 South African petrochemicals giant Sasol has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday. "Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end, a withdrawal notification has already been sent to the... →
Congo mines minister to meet with firms on confinement moratorium
By: Reuters 5th July 2020 Democratic Republic of Congo mines minister Willy Kitobo Samsoni plans to meet with mining companies to agree a moratorium on confining workers to mine sites due to the coronavirus. Civil society groups last month demanded an end to mandatory mine-site confinement policies put in place by copper... →
Latest News
Latest Videos
Latest News: Australasia
Latest News: Americas
Topics In These Articles
