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Popular This Month

Platinum helping California’s fuel cell cars to fill up with hydrogen

By: Martin Creamer     Updated 3 hours ago Thousands of fuel cell electric vehicles (FCEVs) in California obtain their hydrogen with the help of platinum from a growing number of hydrogen refuelling stations that have been established with effective government help. Independent hydrogen consultant Dr Jose Lopes Gallego, who is in South... 

Platinum helping California’s fuel cell cars to fill up with hydrogen
Dr Jose Lopes Gallego (left) talking to Martin Creamer

Don't be in a rush to do business in world's top cobalt producer 

By: Bloomberg     18th June 2019 When a foreign investor with multimillion-dollar projects across Africa was told the president of the Democratic Republic of Congo wanted to see him, he booked a suite at one of the country’s top hotels. After six days of waiting, he left. Since Felix Tshisekedi took the helm of the world’s... 

Don't be in a rush to do business in world's top cobalt producer
Democratic Republic of Congo President Felix Tshisekedi

Exciting new stimulus for hydrogen power, fuel cells, platinum economy 

By: Martin Creamer     9th July 2019 The emerging world of hydrogen power, fuel cells, platinum and climate change mitigation received another stimulus on Tuesday with the announcement of new high-level investment backing for a fund that promotes technologies dependent on the high-performance characteristics of platinum group metals... 

Exciting new stimulus for hydrogen power, fuel cells, platinum economy
Photo by Creamer Media
AP Ventures managing partner Andrew Hinkly

Acacia agrees to Barrick’s request to extend PUSU deadline

By: Tasneem Bulbulia     18th June 2019 African gold miner Acacia Mining has agreed to its parent company Barrick Gold’s request for an extension to the ‘put up or shut up’, or PUSU, deadline to July 9. The previous deadline was June 18. 

Acacia agrees to Barrick’s request to extend PUSU deadline
Barrick CEO Mark Bristow

Gold mine bosses draw the line on zama menace 

By: Martin Creamer     3rd July 2019 The resurfacing of illegal mining in the Carletonville area on the West Rand has prompted a gold-mining company to write an urgent open letter to Gauteng's provincial commissioner of police, Lieutenant-General E Mawela. The letter follows a growing list of illegal mining-related violence,... 

Gold mine bosses draw the line on zama menace
Photo by Blyvoor Gold
Mass meeting of Blyvooruitzicht community held outside the NG Kerk at Blyvooruitzicht. The community is fighting illegal mining.

Blyvoor to begin producing gold again from Q4 – Skeat 

By: Martin Creamer     27th June 2019 Gold mining is to resume at the old Blyvooruitzicht gold mine in the last quarter of this year, Blyvoor Gold executive chairperson Peter Skeat has told Mining Weekly Online. “We’ve worked very hard and we’re at the point of moving ahead. We’ve got cash, we’ve got no debt, and the employees and... 

Blyvoor to begin producing gold again from Q4 – Skeat
Photo by Creamer Media's Dylan Slater
From left Martin Creamer, Peter Skeat, Alan Smith and Richard Floyd.

Barrick, Newmont launch Nevada Gold Mines, the world’s largest gold producing complex

By: Tasneem Bulbulia     1st July 2019 Dual-listed Barrick Gold and Newmont Goldcorp have successfully concluded the transaction to establish Nevada Gold Mines. Barrick holds 61.5% of the new company and is also the operator, while Newmont Goldcorp owns 38.5% of Nevada Gold Mines. 

Barrick, Newmont launch Nevada Gold Mines, the world’s largest gold producing complex
Mark Bristow

Pleasing Orion bankable points to fast project payback 

By: Martin Creamer     24th June 2019 Zinc and copper exploration and development company Orion Minerals pleasantly surprised the market on Monday when it announced a bankable feasibility study (BFS) that paves the way for financing, concentrate offtake and mine construction of the Prieska project in the Northern Cape. The BFS... 

Pleasing Orion bankable points to fast project payback
Photo by Creamer Media
Orion Minerals CEO Errol Smart

Anglo American firms up stake in Orion as Prieska gets enviro nod 

By: Esmarie Iannucci     8th July 2019 Mining major Anglo American’s enterprise development division, Anglo American sefa Mining Fund (AASMF), has taken a 3.7% interest in ASX- and JSE-listed Orion Mining. AASMF in 2015 subscribed for 15.75-million redeemable preference shares in Repli Trading No 27, which is 73.33% held by Orion, at... 

Anglo American firms up stake in Orion as Prieska gets enviro nod
Orion MD Errol Smart

Pan African condemns protest action affecting Barberton Mines 

By: Simone Liedtke     12th July 2019 Africa-focused Pan African Resources’ Barberton Mines has lost a number of production days as a result of protest action, which the miner says is unrelated to normal industrial action. In a statement issued on Friday, Pan African said it would take the appropriate action to protect its employees... 

Pan African condemns protest action affecting Barberton Mines
Protest action at Barberton sees mine property being destroyed, including the burning of mine vehicles and ore concentrate trucks

Illegal miners at Glencore concession in Congo defy eviction 

By: Reuters     2nd July 2019 Illegal miners at a copper and cobalt mine run by Glencore in southeastern Congo defied a deadline on Tuesday to vacate the site, a union official said, raising fears of a potentially violent standoff. A landslide last Thursday at the Kamoto Copper Company (KCC) concession, majority-owned by a... 

Illegal miners at Glencore concession in Congo defy eviction

Gold gains to near highest since 2013 as bulls ‘back in control’

By: Bloomberg     24th June 2019 Gold’s bullish momentum has rolled into a new week. Prices extended their advance above $1 400/oz, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.  

Gold gains to near highest since 2013 as bulls ‘back in control’

Concerted effort needed to arrest decline in South Africa’s gold, platinum output – Dixon  

By: Nadine James     28th June 2019 Gold and platinum mines in South Africa exemplify the Albert Einstein quote on insanity, consulting engineer and industry expert Roger Dixon noted at an African Mining Network event on Thursday evening. He explained that the typical South African mine had to contend with increasing depths,... 

Concerted effort needed to arrest decline in South Africa’s gold, platinum output – Dixon
Roger Dixon

Metso Minerals, Outotec combine forces

By: Marleny Arnoldi     4th July 2019 Metso Minerals, subsidiary of global industrial company Metso, will merge with Finnish-listed technology company Outotec to form a leading process technology, equipment and services company serving the minerals, metals and aggregate industries. The combined company, to be named Metso Outotec,... 

Metso Minerals, Outotec combine forces
Metso CEO Pekka Vauramo

BHP is latest giant miner to plan exit from thermal coal

By: Bloomberg     11th July 2019 BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel. BHP is looking at options to divest the business that includes assets in Australia and Colombia, said the... 

BHP is latest giant miner to plan exit from thermal coal

Moody’s forecasts slower base metals performance in short term 

By: Marleny Arnoldi     1st July 2019 Moody’s Investors Service has maintained a stable outlook for the global base metals industry despite expecting performance in the sector to weaken over the next 12 to 18 months. The financial services company says the base metals sector’s performance will weaken as a result of continued trade... 

Moody’s forecasts slower base metals performance in short term

Blyvoor Gold winning overwhelming support from employees, community 

By: Martin Creamer     4th July 2019 Emerging gold-mining company Blyvoor Gold, which is targeting a resumption of mining at the old Blyvooruitzicht gold mine in the last quarter of this year, is winning overwhelming support from the once liquidated mine’s former employees, as well as the members of the nearby mine community.... 

Blyvoor Gold winning overwhelming support from employees, community
Photo by Creamer Media's Dylan Slater
From left Blyvoor Gold deputy chairperson Richard Floyd, BEE of Blyvoor spokesperson Wels Sempe, Mining Weekly’s Martin Creamer, Blyvoor Gold CEO Alan Smith, Blyvoor Gold spokesperson Joseph Rammusa, Blyvoor Gold chairperson Peter Skeat and Community of Blyvoor spokesperson Johannes Tala.

Barminco wins A$800m Botswana contract

By: Esmarie Iannucci     24th June 2019 Mining services provider Ausdrill’s subsidiary Barminco has been awarded an A$800-million underground mining services contract at the Zone 5 mine, in Botswana. The five-year contract will include mine development, the establishment of underground mine infrastructure, diamond drilling and mine... 

Zambia’s Mopani Copper Mines shuts down smelter

By: Reuters     18th June 2019 Zambia's Mopani Copper Mines (MCM) has shut down its Mufulira smelter for major refurbishment, the Glencore-owned company said on Monday. "The majority of the programme is expected to last until the end of the year and will result in a total shutdown of the plant. The investment in the new shafts... 

Wits researchers find more likely explanation for how platinum forms

By: Marleny Arnoldi     19th June 2019 The University of the Witwatersrand (Wits) has published research on platinum deposits in the Bushveld Complex, which stretches across South Africa’s Limpopo and North West provinces. The research, published in the Scientific Reports journal, states that most of the world’s economically viable... 

Wits researchers find more likely explanation for how platinum forms

Joburg forced to close road due to illegal mining in Roodepoort – Mashaba

By: African News Agency      2nd July 2019 Joburg Mayor Herman Mashaba on Tuesday said that the City has been forced to urgently close Iridium Street between Randfontein Road and Penny Road in Roodepoort from traffic for 12 months, due to illegal mining activities in the area. Mashaba said that illegal mining activities in the vicinity... 

 Joburg forced to close road due to illegal mining in Roodepoort – Mashaba
City of Johannesburg Mayor Herman Mashaba

Fuel cells presenting mining, manufacturing with compelling opportunity – Isondo 

By: Martin Creamer     11th July 2019 If South Africans make use of their superior sunlight and their prime wind, they can generate a lot of carbon-free electricity at a cost potentially cheaper than when Eskom burns coal and pollutes the air. That, in itself, is in line with the world’s decarbonisation demands. But there is more.... 

Fuel cells presenting mining, manufacturing with compelling opportunity – Isondo
Photo by Creamer Media's Dylan Slater
Isondo Precious Metals COO Dr Sakib Khan

Mineral resources budget prioritises exploration, beneficiation, licensing  

By: Nadine James     10th July 2019 Mineral Resources and Energy Minister Gwede Mantashe on Wednesday reiterated his belief that mining was a sunrise industry, while tabling the Department of Mineral Resources’ budget vote for 2019/20 in the National Assembly. The department has a R2-billion budget for the financial year. 

Mineral resources budget prioritises exploration, beneficiation, licensing
Minerals Resources and Energy Minister Gwede Mantashe

African govts’ mining policies perpetuating boom-and-bust cycle 

By: Nadine James     12th July 2019 After a protracted period of consolidation, cost reduction initiatives and suspended dividends, the global mining sector is today in far better shape than it was during the years that followed the 2008/9 financial crisis and the subsequent commodities crash, notes Herbert Smith Freehills South... 

African govts’ mining policies perpetuating boom-and-bust cycle

UN deep sea mining body rejects Greenpeace criticism 

By: Reuters     5th July 2019 The International Seabed Authority (ISA) has rejected criticism from Greenpeace over its handling of ocean mining, fuelling a spat that threatens to overshadow talks this month by the UN body towards rules for deep sea mining. Mining international waters is in the spotlight as companies and... 

UN deep sea mining body rejects Greenpeace criticism

Rio and ArcelorMittal tell different sides of iron-ore story

By: Bloomberg     21st June 2019 In the world of metals and mining, sometimes it’s better to sell the raw product rather than the finished one. This seems to be a lesson for investors who chose to hold shares in ArcelorMittal rather than Rio Tinto Group this year. Despite nagging trade tensions and fears about global growth,... 

Rio and ArcelorMittal tell different sides of iron-ore story

Glencore cuts out agents and dealmakers as scrutiny grows 

By: Bloomberg     25th June 2019 Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its global network of trading... 

PGMs eyed to elevate battery tech to new heights 

By: Marleny Arnoldi     15th July 2019 JSE-listed Anglo American Platinum (Amplats) and TSX-listed Platinum Group Metals (PTM) have launched a joint venture, Lion Battery Technologies, to accelerate the development of next-generation battery technology using platinum and palladium. Lion has subsequently entered into an agreement with... 

PGMs eyed to elevate battery tech to new heights
Photo by Creamer Media's Dylan Slater
Amplats market development head Benny Oeyen

Mercuria, South African firms place bids for South32's SAEC coal mines 

By: Reuters     20th June 2019 Seriti Resources and a consortium backed by global energy trader Mercuria are among up to six groups to have submitted final bids for the South African coal assets of South32, four sources familiar with the matter told Reuters. A consortium backed by South African miner Exxaro Resources dropped... 

Mercuria, South African firms place bids for South32's SAEC coal mines

Fuel cell electric vehicles set to make strong entry – visiting experts  

By: Martin Creamer     15th July 2019 There is simply no doubt that fuel cell electric vehicles (FCEVs), which use platinum group metal catalysts, will make a very strong global entry in the next decade, global experts said on Monday. Speaking to Mining Weekly Online on the eve of Nedbank’s FCEV conference in Cape Town, Professor Dr... 

Fuel cell electric vehicles set to make strong entry – visiting experts

Congo’s swing producers turn to copper after cobalt meltdown 

By: Bloomberg     8th July 2019 Production of hand-dug cobalt in the Democratic Republic of Congo is poised to drop sharply after prices tumbled, prompting many of the country’s thousands of artisanal miners to switch focus to copper instead. Congo last year produced about 72% of the world’s cobalt, a key ingredient in the... 

Acacia fails to change Barrick’s view on mine plans 

By: Mariaan Webb     26th June 2019 London-listed Acacia Mining’s near-5 000-word rebuttal of claims by its parent company over mine plans for its gold operations in Tanzania has failed to change Barrick Gold’s view. The Toronto-headquartered miner, which is trying to buy out minority shareholders in Acacia without paying a... 

Acacia fails to change Barrick’s view on mine plans

Acacia says ‘strongly disagrees’ with Barrick’s takeover proposal 

By: Simone Liedtke     24th June 2019 LSE-listed Acacia Mining says it “strongly disagrees” with a number of matters set out in a recent announcement by parent company Barrick Gold, adding that the announcement “appears to have ignored the value of [Acacia’s] portfolio of exploration and development assets, and the strategic value of... 

Acacia says ‘strongly disagrees’ with Barrick’s takeover proposal
Photo by Bloomberg
Barrick Gold CEO Mark Bristow

Transnet signs R8.5bn rail deal with UMK 

By: Marleny Arnoldi     19th June 2019 State-owned freight utility Transnet and manganese producer United Manganese of Kalahari on Wednesday “renewed their business vows” by signing an R8.5-billion contract to move two-million to three-million tonnes a year of manganese by rail to six South African exports channels. Transnet... 

Transnet signs R8.5bn rail deal with UMK
Photo by Creamer Media's Marleny Arnoldi
UMK CEO Victor Radko and Transnet commercial sales and marketing group executive Mike Fanucchi

Congolese army fires in the air during protest near Glencore plant 

By: Reuters     8th July 2019 Congolese soldiers fired in the air on Monday as illegal miners protested outside a metallurgical plant on a copper and cobalt concession run by Glencore, a witness said. The protest near the Luilu plant follows the eviction last week of thousands of illegal miners from Glencore's Kamoto Copper... 

Rio Tinto renews work on giant Guinea iron-ore deposit

By: Bloomberg     20th June 2019 Rio Tinto Group is looking at new ways to develop the giant Simandou iron-ore deposit in Guinea that it almost sold last year, according to people familiar with the matter. Simandou is one of the world’s biggest untapped mineral deposits, but has a controversial past. For more than a decade, it... 

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