R/€ = 17.59 Change: -0.12
R/$ = 14.93 Change: -0.14
Au 1796.00 $/oz Change: -12.08
Pt 1053.50 $/oz Change: -9.07

Asia News

Exuberant Kumba Iron Ore’s stakeholders receive R51bn shared value boost

By: Martin Creamer     Updated 19 minutes ago Anglo American group iron-ore mining company Kumba Iron Ore, which achieved record earnings with great exuberance, has shared a sky-high half-year R51-billion with its stakeholders that include the fiscus, local suppliers, nearby communities, employees, shareholders and society as a whole. From a... 

Nickel nears seven-year high with metals rising on demand bets

By: Bloomberg     Updated 1 hour 12 minutes ago Nickel rose for a third straight session, approaching a seven-year high on booming demand for the metal used in stainless steel and electric-vehicle batteries. Copper advanced the most in more than two months. Nickel gained as much as 2.1% to $19 780 a ton. It reached $20 110 in February, the... 

Anglo Platinum evaluating multiple renewable energy forms  

By: Martin Creamer     26th July 2021 As a result its geographic distribution across South Africa, the Anglo American group is collectively evaluating options to access multiple forms of renewable energy, Anglo American Platinum (Amplats) CEO Natascha Viljoen said on Monday. The JSE-listed company has already completed the design and... 

A side view of the Amplats CEO during the July 2021 results presenetation.
Anglo American Platinum presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

G-20 Ministers stumble over coal

By: Bloomberg     26th July 2021 Environmental Ministers from the Group of 20 nations were unable to reach full agreement on key climate goals, just 100 days before a critical international conference kicks off. Even after marathon negotiations that ran through the night, the ministers couldn’t find common ground on phasing out... 

High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost 

By: Martin Creamer     26th July 2021 The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact... 

This picture was taken during the presentation of results on26 July 2021
Photo by Creamer Media
Anglo American Platinum CEO Natascha Viljoen

Weekly Coal Index Report

26th July 2021 Australian coal prices continue to firm as the Newcastle vessel queue sticks above 40, ensuring the FOB spread remains well over U$25 in favour of Australian coal. However, at around US$150, Newcastle prices may have topped out for now. Chinese domestic prices are also a little softer, after a... 

Image of the African Source markets logo

Blackstone's downstream dreams solidified

By: Esmarie Iannucci     26th July 2021 A downstream prefeasibility study (PFS) into upgrading nickel sulphite concentrate into battery grade nickel has proven positive for ASX-listed Blackstone Minerals. Blackstone on Monday noted that the PFS into a refinery at Ta Khoa, in Vietnam, has estimated that the project would require a... 

Metals make climate change mitigation possible – Citi Research 

By: Martin Creamer     23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... 

A graphic compiled the Citi Research on the fast and moderate way of meeting the Paris climate change accord.
Complying with the Paris agreement on climate change mitigation.

Tirupati advances development of graphene R&D centre

By: Simone Liedtke     23rd July 2021 Specialist graphite producer Tirupati Graphite has commissioned Stage 1 of its Tirupati Graphene and Mintech Research Centre (TGMRC), in India, which is focused on graphene manufacturing and applications development, advanced materials development and mineral processing technology development.... 

Thermal coal prices to weaken by the end of this year, says Fitch Solutions

By: Simone Liedtke     23rd July 2021 Fitch Solutions Country Risk and Industry expects thermal coal prices to peak during the third quarter of this year and then weaken “substantially” by the end of the year. In spite of this forecast, the research firm increased its average price forecast for the year to $85/t, up from $72/t... 

Extremely strong demand for platinum bar and coin – WPIC  

By: Martin Creamer     22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe,  World Platinum Investment Council (WPIC) head of research Trevor Raymond said... 

Picture of WPIC research head Trevor Raymond
WPIC Research Head Trevor Raymond interviewed by Mining Weekly's Martin Creamer.

Freeport-McMoRan profit beats estimates on higher copper prices

By: Reuters     22nd July 2021 Freeport-McMoRan beat Wall Street expectations for second-quarter earnings on Thursday, as the miner benefited from higher demand and increased prices for copper. Copper prices touched an all-time record high of $10 747.50/t in May. Bullish investors bet that demand for the red metal will... 

Japan shifting away from fossil fuels

By: Esmarie Iannucci     22nd July 2021 Australia’s supply of liquefied natural gas (LNG) and coal into Japan could face pressure as the Asian major introduced a draft Strategic Energy Plan, which sees non-fossil fuel power supply sources growing from 24% in 2019-20, to roughly 60% by 2030-31. Analyst S&P Global noted that the draft... 

Record US coal shipments to China highlights Australia's pain

By: Bloomberg     22nd July 2021 China’s import ban on Australian coal is proving a boon to U.S. producers. On June 28, the Frontier Unity bulk vessel left the port of Newport News, Virginia with a 136 400-t cargo bound for steelmakers in China. It was the biggest shipment of its kind from a US east coast port, according to... 

An image of a coal stacker against the setting sun at the Newcastle port, in Australia.

Australian firm sells Myanmar project in wake of coup

By: Reuters     21st July 2021 Myanmar Metals said on Wednesday it planned to sell its 51% stake in Bawdwin silver, lead, and zinc project in Myanmar, citing difficulties in securing financing for the $300-million project after a coup led to social unrest earlier this year. Businesses have collapsed in the Southeast Asian... 

Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers  

By: Martin Creamer     21st July 2021 More than 14 000 South Africans now own shares in the discovery and development mining company Orion Minerals, which is reflective of retail investment that can be stimulated in South Africa to support essential local minerals exploration. What is also extremely promising is that the dual listed... 

This is a picture of Errol Smart, CEO of Orion Minerals, who is also chair of Minerals Council junior miner leadership forum.
Orion Minerals CEO Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Rio strikes a deal with Bougainville community

By: Esmarie Iannucci     21st July 2021 Diversified miner Rio Tinto has reached an agreement with Bougainville community members, represented by the Human Rights Law Centre, to identify and assess legacy impacts of the former Panguna copper mine in Bougainville. The agreement follows several months of constructive discussions... 

Rio strikes a deal with Bougainville community

Woodside takes part in Aus/Japan ammonia study

By: Esmarie Iannucci     21st July 2021 A joint feasibility study will be conducted into the development of a clean fuel ammonia supply chain from Australia to Japan. Australian energy major Woodside, along with Japan Oil, Gas and Metals National Corporation, Marubeni Corporation, Hokuriku Electric Power Company and the Kansai... 

Anglo increasingly focused on future-enabling decarbonising metals, minerals – Cutifani 

By: Martin Creamer     20th July 2021 The portfolio and growth investments of diversified mining company Anglo American is increasingly focused future-enabling metals and minerals that are critical to decarbonising energy and transport and to meeting consumers' growing needs, from luxury to everyday life. This was stated by Anglo... 

A picture of Anglo American's CEO, Mark Cutifani.
Anglo American CEO Mark Cutifani

Aluminium alloy plant in China's Henan province explodes due to floodwaters

By: Reuters     20th July 2021 An aluminium alloy unit of Dengfeng Power Group Co Ltd in China's central Henan province exploded as flooding water entered the plant, the local government said on Tuesday. The river near the alloy unit exceeded the warning water level and collapsed a factory wall at around 4 am. local time, the... 

Carbon emissions to reach record levels in 2023 as stimulus spending fails to match net-zero ambition 

By: Terence Creamer     20th July 2021 The financial resources allocated by governments globally to clean-energy measures in response to the Covid-19 crisis currently represents only 2% of the $16-trillion in total fiscal support set aside for economic stimulus, the International Energy Agency’s (IEA’s) new Sustainable Recovery... 

Photo of IEA executive director Fatih Birol
IEA executive director Fatih Birol

Vale Indonesia Q2 nickel matte production falls sharply due to maintenance

By: Reuters     19th July 2021 PT Vale Indonesia's nickel matte production fell nearly 19.5% in the second quarter compared to the same period last year, due to planned maintenance, the company said in a filing to the Indonesia stock exchange on Monday. Nickel matte output stood at 15 048 t, the company filing showed, down... 

Mine achieves massive earnings boost after employing four more people  

By: Martin Creamer     19th July 2021 Guided by a value driver tree (VDT) study, an opencast mine increased its earnings massively after employing four additional operators at comparatively negligible cost. The operation’s earnings before interest, taxes, depreciation and amortisation (Ebitda) soared hugely from $634.3-million to... 

Gary Lane is also a director of SiMine
Value Driver Tree case study covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

China Moly's Congo mine expansion project starts trial production

By: Reuters     19th July 2021 The expansion project of China Molybdenum's Tenke Fungurume Mining (TFM) mine in Democratic Republic of Congo had started trial production on July 16, the company said in a statement. The expansion project of the TFM mine is expected to produce 88 500 t of copper cathode and 7 280 t of cobalt... 

Weekly Coal Index Report

19th July 2021 Coal had a wild week as buyers reached up to lift high priced offers, right along the curve. This likely spooked other buyers who helped the back end of the curve rally substantially. Xinhua reports that China is trying to distribute more than 10-million tons of coal from state reserves to secure... 

An image of the African Source markets logo

China to add 110 Mt coal production capacity in H2 2021

By: Reuters     19th July 2021 China plans to add nearly 110-million tonnes per annum of advanced coal production capacity in the second half of 2021 to meet increasing demand for the fossil fuel, the state planner said on Monday. "Currently, more than 40-million tonnes of coal mining capacity are under government reviews for... 

China to add 110 Mt coal production capacity in H2 2021

Fox-Davies unpacks the growing market dynamics for potash, phosphates  

By: Marleny Arnoldi     16th July 2021 The fertiliser industry is poised to benefit from increased consumption in coming years, with the global population being forecast to reach 9.7-billion in 2064, says advisory firm Fox-Davies Capital. The firm’s market analysis suggests that both potash and phosphates is approaching production... 

Small miners aim for European supply chain for EVs independent from China

By: Reuters     16th July 2021 Growing demand for electric vehicles has spurred small-scale miners of the lithium, cobalt and rare earths that automakers rely on to develop mines and build refining capacity in Europe to reduce their reliance on China. Efforts by the United States and Europe to build a secure and independent... 

Vedanta calls off consent plea after investor feedback

By: Bloomberg     16th July 2021 Vedanta Resources has halted an attempt to change the terms on $2.2-billion of existing dollar-denominated notes that would have allowed the group to add more debt, following feedback from investors. The India-focused commodities giant announced Friday that it was calling off its solicitation to... 

Ganfeng to offer to buy Millennial Lithium for up to C$353m

By: Reuters     16th July 2021 China's Ganfeng Lithium Co, one of the world's biggest lithium producers, said on Friday its board had approved an offer to buy Argentina-focused Millennial Lithium Corp for as much as C$353-million. The bid will be made by a Ganfeng subsidiary at C$3.60 a share, Ganfeng said in a filing to the... 

Ganfeng to offer to buy Millennial Lithium for up to C$353m

Clean, green copper to be produced at Kamoa’s hydropowered DRC operation 

By: Martin Creamer     16th July 2021 Clean, green copper is to be the order of the day at the Kamoa Copper operation in the Democratic Republic of Congo, where the Ivanhoe Mines-Zijin operation has secured clean, renewable hydro-generated electricity. “The upgrade of the Mwadingusha hydropower plant has been very successful. The... 

A picture of the Mwadingusha hydropower plant on the Lufira river in the Democratic Republic of Congo.
The Mwadingusha hydropower plant on the Lufira river.

Covid-19 delays hit Oyu Tolgoi underground progress

By: Mariaan Webb     16th July 2021 The significant increase in Covid-19 cases in Mongolia during the second quarter has had an adverse impact on the openpit operations and underground development progress of the Oyu Tolgoi mine. Turquoise Hill Resources, which is majority owned by Rio Tinto, says that a series of lockdowns have... 

IEA report points to growth in global electricity demand this year

By: Donna Slater     15th July 2021 The International Energy Agency (IEA) expects global electricity demand to rebound strongly this year and next. Electricity demand decreased by about 1% in 2020, but is expected to grow by 5% this year and by 4% in 2022, a new IEA report shows.  

Things are very rosy in the world of AfriTin – Anthony Viljoen 

By: Martin Creamer     15th July 2021 At a time of galloping global tin demand, the London Aim-listed mining company AfriTin Mining not only has one of the biggest tin resources in the world at Uis in Namibia, but it has also been lucky enough to stumble upon one of the biggest hard-rock lithium resources on the planet, at a time of... 

An image of Anthony Viljoen, the CEO of AfriTin Mining
AfriTin CEO Anthony Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

OceanaGold looks at Didipio restart after FTAA approval

By: Esmarie Iannucci     15th July 2021 The Philippine government has renewed the Didipio Mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, beginning June 19. Dual listed gold miner OceanaGold this week said that the renewed FTAA reflects similar financial terms and conditions while providing... 

Hydrogen economy can create 30-million jobs, Japanese professor calculates  

By: Martin Creamer     14th July 2021 Thirty-million jobs can be created through the introduction of the hydrogen economy to decarbonise the world, HyWealth founder and CEO Professor Katsuhiko Hirose said on Wednesday. While hydrogen is currently more expensive than fossil fuel, green hydrogen will be the cheapest solution by 2050,... 

An image of HyWealth founder and CEO Professor Katsuhiko Hirose
Nedbank CIB’s green economy webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Life in mining-dependent countries significantly improved – ICMM 

By: Martin Creamer     14th July 2021 Life in mining-dependent countries has improved significantly in the 23 years leading up to 2018, with strong governance the key to improving socio-economic well-being, the International Council on Mining and Metals (ICMM) said on Wednesday. A report that analysed 41 social metrics grouped under... 

A picture of the CEO of the International Coiuncil on Mining and Metals
ICMM CEO Rohitesh Dhawan

Cokal secures funding for BBM

By: Esmarie Iannucci     14th July 2021 ASX-listed Cokal has inked a binding $20-million funding agreement for its Bumi Barito Mineral (BBM) coking coal project, in Indonesia. Cokal on Wednesday told shareholders that its subsidiary PT Bumi Barito Mineral had executed a capital participation agreement with International Commodity... 

2 3 4 5 6 7 8 9

Latest News


Latest Videos


Latest News: Americas


Latest News: Africa and Europe

Topics In These Articles

RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close