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Popular This Week

NPC calls for declaration of ‘energy emergency’ to facilitate rapid building of generation and storage over 24 months 

By: Terence Creamer     6th July 2022 The National Planning Commission (NPC) has called for the declaration of an ‘energy emergency’ to override any red tape currently preventing the construction of new electricity capacity, as well as to make it possible to build 10 000 MW of new generation and 5 000 MW of new storage capacity over... 

Wind and solar installations

Solidarity calls on the private sector to apply for energy generation permits en masse

By: Darren Parker     Updated 15 minutes ago The only viable and sustainable solution to South Africa’s escalating electricity crisis is for small independent power producers (IPPs) to immediately flood the market on a large scale, trade union Solidarity’s Research Institute (SRI) has said. Through a concerted effort by the private sector –... 

Solidarity CE Dr Dirk Hermann
Solidarity CE Dr Dirk Hermann

Cable theft disrupts coal deliveries by rail to Majuba power station

By: Schalk Burger     6th July 2022 Cable theft has critically constrained the delivery of coal by rail to the Majuba power station, as the portion of the rail network owned by State-owned power utility Eskom that feeds directly into Majuba has been severely damaged by the theft of overhead cables and critical overhead track... 

TFR offers deed of amendment to lift force majeure on coal exporters

By: Schalk Burger     6th July 2022 State-owned Transnet Freight Rail (TFR) is encouraging coal export parties to sign a deed of amendment for the remaining term of a long-term agreement, which expires in March 2024, to lift its force majeure on them, which was declared owing to a severe shortage of operational locomotives.... 

Coal being transported to port by TFR

South32 diversifying to meet sustainability demands

By: Tasneem Bulbulia     4th July 2022 Diversified miner South32 has undergone substantial change in the past year and has evolved considerably since its formation in 2015, with the company working to reshape its portfolio to become a global, diversified producer of the metals critical to a low-carbon future, South32 chief development... 

Automakers ramping up investments into upstream nickel, cobalt

By: Darren Parker     6th July 2022 Market research firm Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says automakers are increasing their upstream investments and supply contracts to secure enough battery metals, such as lithium, cobalt and battery-grade nickel, to drive forward their respective electric... 

Lithium ion batteries

New Anglo strategy director excited by mining’s green energy transition 

By: Martin Creamer     4th July 2022 The newly appointed group director of strategy and business development of diversified mining company Anglo American on Monday singled out mining’s green energy transition in commenting on the excitement of her new appointment. Helena Nonka, who is currently executive VP of corporate development... 

Picture supplied.
New Anglo American group director of strategy and business development Helena Nonka.

Guinea halts Simandou iron-ore project work again

By: Reuters     4th July 2022 Guinea's mines minister has ordered all work related to the Simandou iron ore mine project halted after the two companies involved missed an extended deadline to agree on a joint venture, a letter seen by Reuters showed on Monday. Rio Tinto and Chinese-backed consortium Winning Consortium... 

Guinea halts Simandou iron-ore project work again

Glencore going all-electric at new Canada mine, says Epiroc

By: Mariaan Webb     4th July 2022 Diversified mining company Glencore has ordered a full fleet of battery-electric equipment for use at its Onaping Depth Project at the Sudbury integrated nickel operations, in Canada, says mining equipment manufacturer Epiroc. The nickel and copper mine is located below the existing Craig mine... 

An image of a battery operated mine truck
Epiroc’s Minetruck MT42 battery is part of the order by Glencore

Mine haulage transition to electric offered without disruption   

By: Martin Creamer     1st July 2022 If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... 

Creamer Media screenshot.

Cash-strapped Nevada Copper suspends Pumpkin Hollow mining activities

By: Mariaan Webb     4th July 2022 Copper mine developer Nevada Copper has suspended most mining activities at its Pumpkin Hollow underground mine and has warned that the company is in default of its obligations under certain financing and contractual arrangements. Nevada Copper, which previously warned of its liquidity... 

Cash-strapped Nevada Copper suspends Pumpkin Hollow mining activities

Copper crash deepens as recession fears dominate metals trading

By: Bloomberg     6th July 2022 Copper extended a sharp retreat after the economic bellwether suffered one of its worst days since the depths of the pandemic in 2020 on growing fears of a global recession. Investors are fretting over a range of threats to demand, from Europe’s gas crisis to a US slowdown and renewed virus... 

Copper crash deepens as recession fears dominate metals trading

Exciting listing on JSE’s AltX poised to give investors pure copper play  

By: Martin Creamer     5th July 2022 The reverse listing of Big Tree Copper into SHiP Copper Company on the AltX of the Johannesburg Stock Exchange in October is expected to raise between R60-million to R250-million for the ramping up of combined production to 10 000 t of copper a year in the next three years. SHiP, run by Shirley... 

Picrture supplied.

Iron-ore hits 2022 low

By: Reuters     6th July 2022 Iron-ore slumped on Wednesday to its lowest level this year in Singapore as China faces fresh Covid-19 flare-ups in several areas including Shanghai, stoking concerns over further lockdowns in the world's biggest steel producer. Growing prospects of a global recession also weighed on most... 

Iron-ore hits 2022 low

EU plans hydrogen deal with Namibia as it pulls away from Russian energy

By: Reuters     4th July 2022 The European Union (EU) is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less... 

An image of renewables and hydrogen infrastructure

Potential $70m lifeline for Nevada Copper

By: Mariaan Webb     5th July 2022 Embattled miner Nevada Copper on Monday announced nonbinding terms with its senior lender, KfW IPEX-Bank, and its biggest shareholder, Pala Investments, for a loan of up to $70-million. The copper producer, which at the weekend suspended mining activities at Pumpkin Hollow, reported that the... 

Potential $70m lifeline for Nevada Copper

Good-to-do R2.5bn Mogale Gold project an all-round win-win – Pan African  

By: Martin Creamer     6th July 2022 If Pan African Resources is able to work with all stakeholders to get the long-life, high-margin, safe and sustainable R2.5-billion Mogale Gold surface tailings project going, it will be to the benefit of its business, local communities and the entire Mogale area. “It’s the sort of project that's... 

Picture supplied.

Copper slumps to 17-month low as recession fears haunt markets

By: Reuters     1st July 2022 Copper prices tumbled to a near 17-month low on Friday and were set for their fourth consecutive weekly decline, as fast-rising interest rates and weak economic data stoked fears of a global recession, which would dent demand for metals. Other industrial metals also fell, with zinc dropping over... 

Copper slumps to 17-month low as recession fears haunt markets

Zijin invests in 5G solution to create a smart South African mine

By: Marleny Arnoldi     1st July 2022 Global miner Zijin Mining Group’s subsidiaries South Africa Zijin Platinum and Nkwe Platinum have partnered with telecommunications company MTN and technology group Huawei to build a fifth-generation wireless technology-enabled (5G-enabled) platinum mine. This will mark a significant step... 

Nkwe Platinum's Zijin Garatau mine
Nkwe Platinum's Zijin Garatau mine

Anglo enters deal to accelerate rollout of nuGen zero emissions haulage solution 

By: Chanel de Bruyn     30th June 2022 Diversified miner Anglo American is in exclusive negotiations with specialist engineering technology company First Mode Holding and has agreed nonbinding terms to establish a combined business to accelerate the rollout of Anglo's nuGen hydrogen-powered Zero Emissions Haulage Solution (ZEHS). The... 

Anglo American's nuGen haulage truck
Anglo American's nuGen haulage truck

Mining companies undertaking strategies to unlock net-zero targets

By: Tasneem Bulbulia     1st July 2022 To address the climate emergency, governments and businesses are responding and mining companies are committing to minimising greenhouse -gas emissions with a goal of reaching net zero by about 2040 or 2050; however, this will be challenging and requires new ways of thinking. This was noted by... 

Exxaro highlights strong European coal demand, while local rail challenges persist

By: Marleny Arnoldi     30th June 2022 Diversified mining and energy group Exxaro Resources says high-quality thermal coal remains significantly in demand as the Russia/Ukraine war persists. The company reported in a pre-close statement issued on June 30 that the first half of the year has seen worsened supply chain disruptions... 

Exxaro highlights strong European coal demand, while local rail challenges persist

Billionaire Oppenheimer wins ban on mining at Zimbabwe farm

By: Bloomberg     4th July 2022 Billionaire Nicky Oppenheimer, South Africa’s second-richest man, won a court order to temporarily halt mineral exploration on his private family ranch in Zimbabwe. Pearline Mineral Exploration must cease any mining activities on the 65,000-hectare (251-square mile) Shangani Ranch, according to a... 

Chile plans to raise copper mining royalties and reform tax system

By: Reuters     4th July 2022 Chile's finance minister, Mario Marcel, on Friday introduced a tax reform bill that increases copper mining royalties on companies that produce more than 50 000 t/y and raises taxes on high-income earners to fund the government's proposed social programs and reforms. Chile is the world's top... 

Australian resources exports to set new records

By: Esmarie Iannucci     4th July 2022 Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021–22, and is forecast to rise to A$419-billion in 2022–23, delivering two successive record years, the Office of the Chief Economist reported on Monday. As world supply responds to high prices and... 

Image shows container ships at Port Hedland

Iron-ore tumbles as recession fears fuel commodities selloff

By: Reuters     1st July 2022 Iron-ore and steel prices tumbled on Friday as prospects of a sharp global economic downturn fanned fears of a slump in demand for commodities, despite signs of a rebound in manufacturing activity in top metals consumer China. The spectre of a global recession fed an already clouded demand... 

Copper sinks to 17-month low as slowdown fears mount

By: Reuters     4th July 2022 Copper prices dropped to a fresh 17-month low on Monday as renewed lockdowns in top consumer China and the prospects of aggressive rate hikes stoked fears of global economic slowdown, denting demand for metals. Three-month copper on the London Metal Exchange was down 1.4% at $7 938/t, as of... 

First production achieved at standalone nickel laterite heap leaching operation in Brazil

By: Darren Parker     1st July 2022 Following an 18 month construction and commissioning period, continuous nickel production has begun at privately held UK company Brazilian Nickel’s Piauí nickel project (PNP) in Brazil, which the world’s first stand-alone nickel laterite heap leaching operation. In 2016 and 2017, Brazilian Nickel... 

Russian tycoon Potanin to start Nornickel-Rusal merger talks

By: Bloomberg     5th July 2022 Billionaire Vladimir Potanin, the biggest investor in MMC Norilsk Nickel, said he’s ready to discuss merging the mining giant with United Co Rusal International as sanctions against Russia weigh on both companies. Potanin has headed Nornickel since striking a 2012 shareholder accord with... 

Am image of Russian billionaire Vladimir Potanin
Russian billionaire Vladimir Potanin

Coal imports pour into energy-starved Europe from around the globe

By: Bloomberg     5th July 2022 A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles. Coal poured into the Antwerp-Rotterdam-Amsterdam region -- a huge transport hub for energy and... 

Coal imports pour into energy-starved Europe from around the globe

Congo orders China's CMOC to stop exports from Tenke Fungurume cobalt mine

By: Reuters     5th July 2022 A temporary administrator appointed by a Congolese court to run the world's second-largest cobalt mine ordered majority owner CMOC to suspend marketing and export of its production, letters seen by Reuters showed. CMOC, which has previously said that Tenke Fungurume Mining (TFM) remains under its... 

Platinum demand to benefit from green hydrogen uptake in aviation

By: Marleny Arnoldi     6th July 2022 Sustainable aviation fuels (SAFs) based on renewable energies and green hydrogen are the way of the future for sustainable flying, says Siemens Energy, which has partnered with energy supplier Uniper, petrochemicals company Sasol and aircraft manufacturer Airbus to launch the Green Fuels Hamburg... 

TFR signs cross-border agreement with Railways of Mozambique 

By: Schalk Burger     1st July 2022 State-owned rail agency Transnet Freight Rail (TFR) has signed a cooperation agreement with Mozambique State agency Ports and Railways of Mozambique (CFM) to implement an immediate train run-through model that will result in the export of chrome and ferrochrome moving seamlessly from Belfast, in... 

Miners take a stand against Qld govt

By: Esmarie Iannucci     4th July 2022 Industry bodies the Queensland Resources Council (QRC), its exploration arm, the Queensland Exploration Council (QEC) and the Association of Mining and Exploration Companies (AMEC) will not attend the Queensland government’s launch of the Queensland Resources Industry Development Plan (QRIDP), in... 

Ivanhoe's Kamoa-Kakula achieves another quarterly production record

By: Creamer Media Reporter      5th July 2022 The Phase 1 and 2 concentrator plants at the Kamoa-Kakula mine, in the Democratic Republic of Congo, produced 30 379 t of copper in concentrate in June – the third consecutive month that the mine has surpassed its 7.6-million-tonne-a-year throughput design capacity. It also contributed to another... 

Firefinch details 'forward plan' for underperforming Morila 

By: Mariaan Webb     4th July 2022 Australia-based Firefinch on Monday outlined a ‘forward plan’ for the Morila gold mine, in Mali, after the company withdrew its full-year guidance, owing to a slower-than-planned ramp up that resulted in the full-year guidance being withdrawn. Morila, which the miner bought from Barrick and... 

Firefinch details 'forward plan' for underperforming Morila 

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