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Vale reaches tentative agreement with Sudbury nickel miners' union

By: Reuters     Updated 3 hours ago A union representing striking workers at Vale's nickel mine in Sudbury, Canada reached a tentative agreement to settle an ongoing labour dispute that saw 2 500 workers walk off their job on June 1, hitting the Brazilian miner's production. The five-year agreement, posted on the United... 

Vale reaches tentative agreement with Sudbury nickel miners' union

Barrick advances Pueblo Viejo expansion project

By: Creamer Media Reporter      Updated 7 hours ago Bullion major Barrick is advancing plans for the expansion of its Pueblo Viejo operation, in the Dominican Republic, announcing on Tuesday that it had agreed on an independent government-led oversight of environmental and social-impact assessment studies for a new tailings storage facility. The... 

An image of the Pueblo Viejo operation in the Dominican Republic.
The Pueblo Viejo operation in the Dominican Republic.

Ivanhoe’s Kamoa mine nears steady-state production

By: Donna Slater     Updated 5 hours ago TSX-listed Canadian mining company Ivanhoe Mines reports that copper production at its Kamoa-Kakula mine, in the Democratic Republic of Congo, has steadily increased since hot commissioning started in May, exceeding 500 t/day towards the end of July. Production is nearing the Phase 1... 

Fresnillo reports sharp increase in profitability

By: Mariaan Webb     3rd August 2021 Precious metals miner Fresnillo has reported a sharp increase in profitability during the first half of the year, on the back of higher precious metals prices and its improved production performance. The London-listed miner, which is the world’s largest producer of silver from ore and Mexico’s... 

An image of a mine processing facility at night.

PureGold hits commercial production

By: Mariaan Webb     3rd August 2021 Vancouver-based PureGold has reached commercial production at its namesake mine in Ontario, marking an “exciting” growth phase for the company, reports CEO Darin Labrenz. “By combining stable gold production with the high-grade exploration potential that makes the PureGold mine so unique, we are... 

An image of a gold pour under way.

Northern Star looking at renewables

By: Esmarie Iannucci     3rd August 2021 Gold miner Northern Star Resources will be looking at a number of renewable energy options at its projects to offset its greenhouse gas (GHG) emissions to reach its target of net zero GHG emissions by 2050. Speaking at the Diggers & Dealers conference, Northern Star MD Stuart Tonkin said that... 

An image of wind turbines.
Northern Star is considering wind power for its Pogo operation, in Alaska.

Piedmont Lithium delays timeline to supply Tesla

By: Reuters     3rd August 2021 Piedmont Lithium said on Monday it will delay first shipments of lithium chemicals to electric vehicle maker Tesla Inc and that it does not have a definitive date for when deliveries could begin. The decision was mutual, Belmont, North Carolina-based Piedmont said. Tesla did not immediately... 

Copper boom has a top zinc miner scouring for red-metal assets

By: Bloomberg     2nd August 2021 Brazilian conglomerate Votorantim is on the prowl for copper assets as demand for the metal used in wiring is set to take off in the clean energy transition. The group’s Nexa Resources unit -- the world’s fourth-largest zinc producer -- wants to increase exposure to copper and is evaluating... 

Copper boom has a top zinc miner scouring for red-metal assets

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

By: Tasneem Bulbulia     2nd August 2021 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... 

Barsele and Agnico Eagle extend LoI for Sweden project

By: Creamer Media Reporter      Updated 6 hours ago Canada-based junior explorer Barsele is continuing to work with Agnico Eagle Mines to complete definitive agreements to consolidate its interest in the Barsele project, in Sweden. The company, which is managed by the Belcarra Group, has extended the letter of intent (LoI) date to acquire Angico... 

Altus appoints mining veteran to lead its operations in Egypt

By: Donna Slater     3rd August 2021 Aim- and TSX-V-listed African mining royalty generator Altus Strategies has appointed Mark Campbell as nonexecutive chairperson of its 100%-owned subsidiary Akh Gold. Campbell has also been appointed GM of Altus’ Egypt branch. 

Spatial Dimension to design Botswana's new online mining cadastre system

By: Donna Slater     Updated 5 hours ago Spatial Dimension South Africa, a subsidiary of hardware, software and services technology company Trimble, recently signed a contract to design and implement an online mining cadastre system for the Botswana Ministry of Mineral Resources, Green Technology and Energy Security (MMGE). The... 

More drilling in store for Thorny River project

By: Marleny Arnoldi     Updated 5 hours ago Aim-listed Botswana Diamonds has advised that results from sample analysis on the Thorny River diamond project, based in South Africa’s Limpopo province, will only be available in mid-August. A two-week delay has been caused by Covid-19 issues; however, the company reports that initial... 

African mining can harness tech, automation to spur economic recovery

By: Tasneem Bulbulia     Updated 5 hours ago The mining sector in Africa can help to grow economies during and after the Covid-19 pandemic, by harnessing technology and automation, as well as by capitalising on opportunities provided by the green transition, automation company Siemens Southern and Eastern Africa CEO Sabine Dall’Omo said on... 

Rhodium again top performer in RBPlat’s revenue basket  

By: Martin Creamer     Updated 5 hours ago Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... 

Royal Bafokeng Platinum presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Electricity supply constraints to impact on critical PGMs production - Davis 

By: Donna Slater     Updated 5 hours ago As efforts to reduce the impact of global warming and climate change ramp up, South Africa is set to lose out on critical platinum group metals (PGM) production as a result of increasing electricity disruptions and load-shedding, independent precious metal consultant Dr David Davis says. Demand... 

An image of independent precious metal consultant Dr David Davis
Independent precious metal consultant Dr David Davis

Blue Rhino Capital completes acquisition of Zebediela Nickel Company

By: Donna Slater     Updated 5 hours ago Aim-listed explorer and developer URU Metals reports that Blue Rhino Capital has completed the acquisition of the Zebediela Nickel Company – a wholly-owned subsidiary of URU. Blue Rhino has now changed its name to Zeb Nickel and will trade under the new Aim ticker symbol ZBNI upon resumption of... 

M&R’s mining platform bags two contracts in North America

By: Marleny Arnoldi     Updated 6 hours ago JSE-listed Murray & Roberts’ mining platform has secured two contracts in its Cementation Americas business, valued at R1.2-billion. The first contract involves underground characterisation development and infrastructure for global miner Rio Tinto’s Kennecott Utah Copper project, in the US,... 

30 MW solar study will be concluded in second quarter of 2022 – RBPlat  

By: Martin Creamer     Updated 7 hours ago The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and... 

Royal Bafokeng Platinum results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

CATL's new sodium ion battery to help ease lithium shortages

By: Reuters     Updated 7 hours ago The development of a new sodium-ion battery by Chinese battery giant CATL is expected in the coming years to relieve pressure on lithium supplies, which are forecast to see shortages as early as 2022. As the world seeks to cut carbon emissions, partly by ramping up electric vehicle (EV) output,... 

Ionic ups drilling effort at Makuutu

By: Marleny Arnoldi     3rd August 2021 ASX-listed Ionic Rare Earths has mobilised a third drill rig at its 51%-owned Makuutu project, in Uganda. The company is undertaking a 5 700 m Phase 4 infill drill programme at the project.  

Disused coal mines have potential to heat homes with lower-carbon energy

By: Donna Slater     3rd August 2021 The UK Coal Authority posits that water from flooded coal mines has the potential to be used in the heating of UK homes and industry as a source of lower-carbon energy. In a December 2020 report, the authority states that mines are warmed by natural geothermal processes and, where the mines are... 

Australian graphite producer Magnis Energy gets about $15m funding for expansion

By: Reuters     3rd August 2021 Australia's Magnis Energy Technologies Ltd said on Tuesday it secured A$20-million ($14.7-million) from two US-based investors to fund its expansion in the lithium-ion battery industry. Considered critical minerals, graphite and lithium are used in a wide range of applications, including... 

Western Australia takes step-up in battery chemicals production

By: Reuters     3rd August 2021 Western Australia is preparing to take a bigger slice of the booming global battery market, forecast to grow to $150-billion by 2030, as it moves beyond mining lithium and nickel into chemical processing. Three big battery chemicals plants are set to come on line in coming months, while... 

Soaring aluminum drives up cost of everything from beer to foil

By: Bloomberg     3rd August 2021 For consumers and economists hoping commodities inflation will soon subside, the aluminum market delivered some discouraging news on Monday. The world’s second-largest brewer, Heineken, said the rising costs of freight and the metal used in beer cans will have a “material effect” on profit next... 

IMF nations approve record $650bn to aid virus fight

By: Bloomberg     3rd August 2021 The International Monetary Fund approved the biggest resource injection in its history, with $650-billion meant to help nations deal with mounting debt and the fallout from the Covid-19 pandemic. The creation of the reserve assets – known as special drawing rights – is the first since the... 

An image of the International Monetary Fund's logo

Coal-reliant South Africa is turning to gas power

By: Bloomberg     3rd August 2021 Power failures have become routine in South Africa. At the same time, the country wants to wean itself off the coal that generates more than 80% of its electricity and makes it the world’s ­twelfth‑biggest source of greenhouse gases. Most of South Africa’s power stations are near the end of their... 

Aeris commits to Tritton growth and Cracow exploration

By: Esmarie Iannucci     3rd August 2021 Copper/gold miner Aeris Resources will spend A$50-million in 2022 to develop three new production sources at its Tritton mine, in New South Wales, to extend the mine life. Since starting operations in 2005, the Tritton underground mine has been the mainstay source of ore feed for the processing... 

RBPlat declares R1.5bn dividend on record first-half performance

By: Martin Creamer     3rd August 2021 Platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) has declared a R1.5 billion interim dividend in addition to the R482.3 million buy-back and redemption of a portion of its convertible bonds on the back of a record performance in the six months to June 30. RBPlat... 

Creamer Media picture of Steve Phiri
Photo by Creamer Media
RBPlat CEO Steve Phiri

Bardoc eyes higher output at gold mine

By: Esmarie Iannucci     3rd August 2021 Gold developer Bardoc Gold is investigating increasing gold production at its namesake project in Western Australia. A previously completed definitive feasibility study (DFS) previously estimated that the project could produce some 135 760 oz/y over a mine life of just over eight years. 

ASIO warns of cyberattacks on miners

By: Esmarie Iannucci     3rd August 2021 The Australian Security Intelligence Organisation (ASIO) and the Australian Signals Directorate (ASD) has warned that Australian miners are currently being targeted for cyber attacks. ASIO said on Tuesday that a successful compromise of a network provides cyber operators with a range of... 

Pilgangoora could rival Greenbushes - Brinsden

By: Esmarie Iannucci     3rd August 2021 The Pilgangoora lithium/tantalum project in Western Australia, could potentially rival the 1.34-million tonne a year Greenbushes lithium mine in terms of production. ASX-listed Pilbara Minerals MD and CEO Ken Brinsden said on the sidelines of the Diggers & Dealers conference, in Kalgoorlie,... 

Comet Ridge makes A$20m play at Mahalo

By: Esmarie Iannucci     3rd August 2021 ASX-listed Comet Ridge has struck an agreement with its joint venture (JV) partner Australia Pacific Liquefied Natural Gas (APLNG) to acquire its 30% interest in the Mahalo gas project, taking its own interest from 40% to 70%. The company would pay A$12-million in cash to APLNG on the completion... 

BHP to take expansion decision at Mt Keith

By: Esmarie Iannucci     3rd August 2021 Mining major BHP is readying to take a final investment decision on the expansion at its Mt Keith concentrator, in Western Australia, at the end of the financial year. BHP Nickel West asset president Eduard Haegel told delegates at the Diggers & Dealers conference, in Kalgoorlie, that the... 

Image shows BHP's logo.

BHP joins Komatsu's green truck alliance

By: Esmarie Iannucci     3rd August 2021 Diversified miner BHP will join fellow major Rio Tinto to become a founding member of manufacturing company Komatsu’s GHG Alliance, which aims to develop commercially viable zero-greenhouse gas emissions haul trucks. BHP said on Tuesday that as a founding partner of the alliance, the company... 

Hydrogen plan isn’t very green under US infrastructure deal

By: Bloomberg     2nd August 2021 Building a hydrogen-based energy system in the US, which some analysts call key to fighting climate change, would be based largely on fossil fuels under the bipartisan infrastructure bill heading for a Senate vote. The legislation provides for $8 billion in spending to establish at least four... 

Hydrogen plan isn’t very green under US infrastructure deal

Gemfields increases production after disruptions of 2020

By: Donna Slater     2nd August 2021 Gemstone miner Gemfields’ 75%-owned Kagem emerald mine, in Zambia, produced 10.34-million carats of gemstones, including emeralds and beryls during the first half of the year, while its Mozambique-based Montepuez ruby mine, in Mozambique, produced 2.05-million carats. This is despite the Kagem... 

Other procurement plans not affected by RMIPPPP deadline delay to end Sept – DMRE 

By: Terence Creamer     2nd August 2021 The deadline for projects selected as preferred bids under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) to reach commercial close has been extended to September 30, from an initial deadline of the end of July. However, the Department of Mineral Resources and... 

Photo of Minister Gwede Mantashe
Photo by Creamer Media Chief Photographer Donna Slater
Minister Gwede Mantashe announced the initial end-July commercial-close deadline on March 18

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