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Popular This Week

Sasol and Air Liquide initiate first phase of 900 MW renewables procurement process

By: Terence Creamer     Updated 2 hours 59 minutes ago Sasol and Air Liquide have formally announced plans to jointly procure 900 MW of renewable-energy capacity from independent power producers (IPPs) by 2030 and have issued a request for proposal (RFP) through which they aim to procure an initial 600 MW this year. The transaction, the companies... 

Sasol and Air Liquide initiate first phase of 900 MW renewables procurement process
Photo by Creamer Media
Power lines in the foreground, with Sasol's Secunda complex in the background

Kibo advances Benga power project with Mozambique energy utility

By: Simone Liedtke     12th April 2021 Africa-focused Kibo Energy and its local joint venture (JV) partners have agreed on the next steps towards the ultimate finalisation of a power purchase agreement (PPA) at the company’s Benga power plant project (BPPP), in Mozambique, following a discussion with Mozambique energy utility... 

Anglo American to demerge South African thermal coal assets 

By: Martin Creamer     8th April 2021 Diversified mining and marketing company Anglo American is to demerge its South Africa thermal coal operations, the company said on Thursday. The demerger is subject to the approval of Anglo’s shareholders on May 5. Anglo American Coal South Africa CEO and World Coal Association chairperson July... 

Anglo American to demerge South African thermal coal assets
Anglo thermal coal head July Ndlovu named as CEO of Thungela Resources.

Value of iridium in electrolysis could top R90bn mark in years ahead – HySA 

By: Martin Creamer     7th April 2021 The value of iridium for proton exchange membrane (PEM) water electrolysis technology alone could exceed R90-billion in the next ten to 20 years. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence: Hydrogen... 

Value of iridium in electrolysis could top R90bn mark in years ahead – HySA
Value chain as outlined by Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence.

Rio Tinto South African project in limbo on security concerns 

By: Bloomberg     7th April 2021 Rio Tinto Group’s new $463-million mining project in South Africa will remain on hold until the security problems that halted work two years ago are resolved. Richards Bay Minerals, the South African unit of Rio Tinto, is in talks with the country’s authorities to permanently address violent... 

Exploration industry has tight deadline to comment on controversial draft regulations  

By: Martin Creamer     9th April 2021 South Africa’s exploration industry has until April 19 to comment on controversial regulations still in draft form. “They’ve never consulted industry about it and what they are requesting is impractical,” says Allan Saad, a consulting exploration geologist, who formerly represented the now... 

Exploration industry has tight deadline to comment on controversial draft regulations

Exxaro sells Coal Central operations to Overlooked Colliery 

By: Marleny Arnoldi     9th April 2021 JSE-listed diversified miner Exxaro Resources has signed a definitive sale and purchase agreement with black-owned mining entity Overlooked Colliery for the Exxaro Coal Central (ECC) operations. This while a disposal process is ongoing for the Leeuwpan coal mine.  

Exxaro sells Coal Central operations to Overlooked Colliery
Exxaro's Leeuwpan mine

Canadian underground mining likely to take hydrogen ventilation lead – HySA 

By: Martin Creamer     6th April 2021 Canadian and Australian mines are big on wanting hydrogen ventilation in underground mining operations, and Canada will likely lead in the use of hydrogen underground. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of... 

Canadian underground mining likely to take hydrogen ventilation lead – HySA
Hydrogen South Africa hydrogen ventilation research site in North West.

First Nation fears De Beers landfill could be ‘another Juukan Gorge’

By: Mariaan Webb     6th April 2021 The Attawapiskat First Nation has raised concern about the new landfill that global diamond miner De Beers, a unit of diversified major Anglo American, plans to build at the Victor mine site in the James Bay Lowlands of Canada. The new landfill, for which De Beers is seeking approval from the... 

First Nation fears De Beers landfill could be ‘another Juukan Gorge’
Photo by Charles Hookimaw, Attawapiskat First Nation, Director of Lands and Resources
The Victor mine, in the James Bay Lowlands of Canada

Left-wing party that opposes mining project wins Greenland election

By: Reuters     7th April 2021 Greenland's left-wing Inuit Ataqatigiit party pledged its opposition to a large rare earth mining project on Wednesday after winning a parliamentary election with more than a third of the votes. The result of Tuesday's election casts doubt on the mining complex at Kvanefjeld in the south of the... 

Left-wing party that opposes mining project wins Greenland election

Barrick raises its GHG reduction target to 30% by 2030 

By: Tasneem Bulbulia     8th April 2021 Gold major Barrick Gold Corporation has raised its greenhouse-gas emissions target to 30% by 2030, from 10% previously, its 2020 Sustainability Report, published on April 8, shows. CE Mark Bristow notes that the company's ultimate aim is to achieve net zero emissions by 2050. 

Barrick raises its GHG reduction target to 30% by 2030
Photo by Bloomberg
Barrick Gold CEO Mark Bristow

Serbia Zijin Copper to invest $408m in mines, smelter

By: Reuters     7th April 2021 The Serbia Zijin Copper company, operator of Serbia's sole copper complex, plans to invest $408-million in 2021, up from $360-million in 2020, to overhaul and expand its four mines and a smelter, it said on Wednesday. The plan also includes improving environmental protection in the heavily... 

CATL takes stake in DRC cobalt mine for $137.5m 

By: Reuters     12th April 2021 Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co's Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) for $137.5-million. The investment gives CATL access to one of the world's largest... 

CATL takes stake in DRC cobalt mine for $137.5m

Barrick reaches Porgera deal, PNG to have majority stake

By: Mariaan Webb     9th April 2021 The Porgera gold mine is on track to reopen later this year, bullion major Barrick confirmed on Friday, announcing that a new binding framework had been agreed with Papua New Guinea (PNG). Under the terms of the agreement, signed in Port Moresby by Governor General Sir Bob Dadae and Barrick... 

Barrick reaches Porgera deal, PNG to have majority stake
The signing took place in Port Moresby on Friday.

More production targeted at Syama

By: Esmarie Iannucci     7th April 2021 Gold production at the Syama mine, in Mali, is expected to increase to between 250 000 oz and 300 000 oz a year to 2029, ASX- and LSE-listed Resolute Mining reported. The new life-of-mine (LOM) production targets compared with the 214 360 oz of gold produced in the 2020 financial year.  

More production targeted at Syama

Impala Rustenburg hands over SLP projects to communities

By: Tasneem Bulbulia     9th April 2021 Impala Rustenburg, a member of the Impala Platinum (Implats) group, on April 9 handed over nine completed social and labour plan (SLP) projects to communities near its operations. The projects represent over R94-million of investment from Impala Rustenburg, several years of work and the creation... 

BHP, Vale Samarco JV files for Brazil bankruptcy protection

By: Reuters     10th April 2021 Samarco Mineracao, a joint venture between Brazilian miner Vale and BHP Group, has filed for bankruptcy protection to prevent creditors' claims from affecting its operations, Vale said in a Friday securities filing. The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and... 

BHP, Vale Samarco JV files for Brazil bankruptcy protection

Ivanhoe appoints energy veteran as chair of Kamoa Copper

By: Marleny Arnoldi     9th April 2021 TSX-listed Ivanhoe Mines has appointed Ben Munanga to succeed Louis Watum as chairperson. Kamoa Copper is the Democratic Republic of Congo (DRC) operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the government of the DRC. 

Glencore signs MoU with Chinese company for carbon capture tech  

By: Tasneem Bulbulia     12th April 2021 The China Huaneng Group Clean Energy Research Institute and diversified miner Glencore have signed a memorandum of understanding (MoU) to cooperate on carbon capture use and storage (CCUS) technology, starting with Glencore’s Carbon Capture Transport and Storage Company (CTSCo) project at the... 

Rio and Turquoise Hill strike funding deal for Oyu Tolgoi

By: Esmarie Iannucci     9th April 2021 Diversified major Rio Tinto on Friday announced a binding heads of agreement (HoA) with Canadian miner Turquoise Hill Resources for an updated funding plan to complete the Oyu Tolgoi underground copper project, in Mongolia. The funding plan addresses the remaining $2.3-billion funding... 

Rio and Turquoise Hill strike funding deal for Oyu Tolgoi

Rare earths project diversifies sector

By: Nadine Ramdass     12th April 2021 Increased interest in a green economy and critical minerals is leading to new mining and investment opportunities in Tanzania such as ASX-listed rare earths mining company Peak Resources’ Ngualla rare earths project. “The Ngualla project is based on one of the largest and highest-grade... 

Rare earths project diversifies sector
Bardin Davis Rare earths provide Tanzanian mining sector with new opportunites

Antofagasta says surging copper price not enough to entice big investments

By: Reuters     12th April 2021 Miners will think twice before splashing out on major new projects even as copper prices have soared to decade-long highs this year, the CEO of Chile's Antofagasta told Reuters. Prices have surged in recent weeks amid expectations of a global economic recovery, sparking talk of a new investment... 

Antofagasta says surging copper price not enough to entice big investments
Antofagasta CEO Iván Arriagada says investors are cautious.

Greenland halts trading as Kvanefjeld future questioned

By: Esmarie Iannucci     8th April 2021 ASX-listed Greenland Minerals went into a trading halt on Thursday after reports emerged that its Kvanefjeld rare earths project would be halted. Reuters earlier reported that the leader of the Inuit Ataqatigiit party, which won a snap election earlier this week, had told state broadcaster DR... 

Coal production from top mining companies to increase in 2021, says GlobalData

By: Tasneem Bulbulia     9th April 2021 Coal production from the top world's ten mining companies fell from a collective 1.70-million tonnes in 2019 to 1.63-million tonnes in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%) and Peabody (21.8%),... 

NUM asks govt to intervene in Blyvoor unrest

By: Marleny Arnoldi     8th April 2021 The National Union of Mineworkers (NUM) in the Carletonville region is appealing for government intervention around the Blyvoor gold mine, as labour and social unrests are escalating. The union explains in a statement issued on April 7 that tension has been building up between workers and... 

Musk acquires lithium claims in Ontario’s ‘electric avenue’

By: Mariaan Webb     7th April 2021 Exploration junior Musk Metals has entered into an agreement to acquire a 100% interest in the Pakeagama lithium claims, located in the so-called electric avenue pegmatite field of north-western Ontario. The acquisition comes hot on the heels of Musk Metals’ acquisition of the Elon project, in... 

ZCCM to appeal against latest Court of Appeal ruling in Konkola dispute

By: Marleny Arnoldi     12th April 2021 Investment holding company ZCCM has advised that it intends to appeal against the latest decision of the Zambian Court of Appeal and to stay the court’s judgment in a matter between ZCCM and diversified miner Vedanta Resources. The High Court of Zambia ruled against Vedanta on August 7, 2019,... 

Central banks turn back to net gold purchasing in February

By: Donna Slater     7th April 2021 Gold market development organisation the World Gold Council (WGC) reports that, collectively, central banks, having recently oscillated between being net buyers and sellers of gold, have tipped back into being net buyers in February. In the month, 8.8 t was added to global gold reserves, with... 

Rio Tinto produces battery-grade lithium from waste rock at US mine

By: Mariaan Webb     7th April 2021 Diversified major Rio Tinto has started production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine in California. The demonstration plant is the next step in scaling up what the company states is a breakthrough lithium production process developed at... 

Rio Tinto produces battery-grade lithium from waste rock at US mine

De Beers' third diamond sales cycle nets $440m

By: Donna Slater     7th April 2021 Diversified miner Anglo American’s diamond mining business De Beers’ third sales cycle of rough diamonds for this year generated $440-million. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe as a result of the Covid-19 pandemic, De Beers... 

Coal output poised for growth this year after 2% fall in 2020 

By: Marleny Arnoldi     8th April 2021 Research agency GlobalData expects global coal output to have declined by 2% in 2020 owing to Covid-19-related lockdowns and restrictions. Notably, significant reductions have been observed in the US at 23.6%, Indonesia at 13.1%, Russia at 8.1% and Australia at 5.5%.  

Trevali signs solar power PPA for Rosh Pinah 

By: Creamer Media Reporter      7th April 2021 Canada-headquartered Trevali Mining on Wednesday announced a 15-year power purchase agreement with Emerging Markets Energy Services (Emesco) for the supply of solar power to the Rosh Pinah mine, in Namibia. The PPA will deliver 30% of the zinc/lead mine’s power requirements over 15 years. The... 

Trevali signs solar power PPA for Rosh Pinah
The Rosh Pinah mine, in Namibia

Horizon chrome mine to be auctioned off

By: Donna Slater     7th April 2021 The Horizon chrome mine, near Rustenburg, which has been placed into business rescue, will be sold at an auction scheduled for April 22 by auctioneers Bidders Choice. With a claimed remaining life of mine of more than 30 years, the chrome mine’s auction will comprise the sale of movable property... 

Akobo declares high-grade mineral resource estimate for Ethiopia project

By: Marleny Arnoldi     8th April 2021 Akobo Minerals has announced an “encouraging” maiden mineral resource estimate for its Segele project, in Ethiopia. After 3 160 m of drilling over seven months at the site, the company has achieved an inferred mineral resource of 87 000 t at 20.9 g/t gold, equal to 52 410 oz of gold. 

AfriTin progressing by-product test work programme at Uis  

By: Tasneem Bulbulia     12th April 2021 Aim-listed AfriTin Mining is proceeding with a metallurgical test work programme to investigate the by-product potential of ancillary metals at its Uis tin mine, in Namibia. The Uis mine’s 2012 Joint Ore Reserves Committee-compliant mineral resource estimate includes ancillary metals with an... 

Canada strengthens tailings management standard

By: Mariaan Webb     8th April 2021 The Towards Sustainable Mining (TSM) standard, first developed by the Mining Association of Canada (MAC) in 2004, has been updated and now meets, or exceeds, the majority of the global standard’s requirements. The publication of the Global Industry Standard on Tailings Management in 2020... 

Canada strengthens tailings management standard

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