https://www.miningweekly.com
R/€ = 19.4472 Change: 0.0186
R/$ = 17.8450 Change: 0.0448
Au 1982.51 $/oz Change: 2.06
Pt 985.84 $/oz Change: 17.25
 

Audio Articles

Mantashe highlights exploration efforts  

By: Tasneem Bulbulia     30th March 2023 The Department of Mineral Resources and Energy is engaged in an intensive programme of mineral exploration, particularly in the North West, Limpopo and the Northern Cape provinces, Mineral Resources and Energy Minister Gwede Mantashe said, speaking at the North West Mining and Energy and... 

Critical metals for low-carbon economy being studied across 12 universities  

By: Martin Creamer     30th March 2023 A consortium across a dozen South African universities has the spotlight on critical metals for a low-carbon future. At a time when the mining world is focused firmly on the availability of critical metals to arrest global temperature increases, South Africa’s Centre of Excellence for Integrated... 

Professor Judith Kinnaird, the Visiting Professor of the School of Geosciences, and the co-director of Cimera at the University of the Witwatersrand.
Cimera's Professor Judith Kinnaird interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Mining needs truth-and-reconciliation approach to ESG, says Rifle-Shot’s Naidoo  

By: Martin Creamer     29th March 2023 Mining companies need to approach environmental, social and governance (ESG) principles on a truth and reconciliation footing and be honest about where they are on a scale of one to 10, says Rifle-Shot Performance business development director Dilley Naidoo. Naidoo, who spoke to Mining Weekly on... 

Rifle-Shot Performance Business Development Director Dilley Naidoo.
Rifle-Shot’s Dilley Naidoo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Platinum group metals can boost South African jobs and economic growth.
PGM Industry Day covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

South Africa will overcome its rail and electricity problems, Menar MD predicts  

By: Martin Creamer     27th March 2023 At the end of the day, South Africa will overcome its rail transport and electricity availability issues, and confidence in both Transnet and Eskom will be fully restored, Menar MD Vuslat Bayoglu predicts. “I’m confident that Transnet’s problems will be solved because South Africa’s got great... 

Menar MD Vuslat Bayoglu.
Menar MD Vuslat Bayoglu speaks to Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Dealing with rail constraints remains a priority as Thungela achieves good results 

By: Schalk Burger     27th March 2023 Despite the impact of ongoing rail constraints, thermal coal producer and exporter Thungela Resources managed to deliver good results for the 2022 financial year, with earnings before interest, taxes, depreciation and amortisation having increased three-fold year-on-year to R29.5-billion and net... 

Thungela CEO July Ndlovu
Thungela CEO July Ndlovu

Platinum supply heading for a deficit, says Northam's Dunne 

By: Darren Parker     24th March 2023 Without the addition of new platinum group metals (PGMs) projects, production will continue to fall PGMs producer Northam Platinum CEO Paul Dunne has said. “With platinum, we see an accelerating contraction in supply as the South African production base ages. The market may not necessarily... 

Northam CEO Paul Dunne
Northam CEO Paul Dunne

Exploration spend, youth skills, mine energy make headlines   

24th March 2023 Mining Weekly Editor Martin Creamer unpacks why South Africa is not garnering global exploration spend; youth skills and businesses remain key in the Just Energy Transition; and Exxaro's considerable progress in generating its own electricity to run its operations.   

Photo of Martin Creamer
Exploration spend, youth skills, mine energy make headlines

Sibanye-Stillwater extends helping hand to New Century  

By: Esmarie Iannucci     23rd March 2023 Suitor Sibanye-Stillwater has offered a A$30-million lifeline to takeover target New Century Resources, after that company was forced to halt operations at its Queensland zinc mine in early March, following heavy rains. Operations are expected to remain suspended for a further two to three weeks. 

Consortium to develop green corridor for shipping South African iron to Europe 

By: Darren Parker     22nd March 2023 A new consortium is set to explore the options for developing a maritime green corridor for the zero-emission shipping of iron-ore between South Africa and Europe, the Global Maritime Forum (GMF) announced on March 22. This initiative is the first of its kind from Africa and is a step forwards in... 

The Saldanha Bay iron-ore terminal
The Saldanha Bay iron-ore terminal

Safety environment that almost guarantees that people come first is a must, says Naidoo  

By: Martin Creamer     20th March 2023 Mine safety is absolutely essential. Stopping injury and fatality in mines just has to happen. How can South Africa achieve the zero harm that is needed? This was Mining Weekly’s opening question to Dilley Naidoo, the director of business development at Rifle-Shot Performance. (Also watch... 

Mining is striving for zero harm.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video and Video Editing: Darlene Creamer.

Merafe seeks to shield business from electricity price hikes  

By: Darren Parker     20th March 2023 Ferrochrome company Merafe is considering proposals for the construction of renewable energy facilities and is in discussions with power utility Eskom to secure a negotiated pricing agreement (NPA) to mitigate against unsustainable high electricity costs, the JSE-listed company reported on... 

Merafe Ferrochrome Smelting

Financing models, exploration, solar projects make headlines   

17th March 2023 Mining Weekly Editor Martin Creamer discusses Orion Minerals’ plan to build smaller but get base metals into production much sooner; Rifle-Shot’s Dilley Naidoo's belief that exploration investment is the key to get the country’s economy going; and Exxaro’s plans to build a 68 MW solar power plant... 

Photo of Martin Creamer
Financing models, exploration, solar projects make headlines

Coal miner Exxaro to build 68 MW solar power plant in Limpopo  

By: Martin Creamer     16th March 2023 Financial close is expected at the end of this month for construction in the second quarter of this year of a 68 MW solar power plant at a cost of between R1.52-billion and R1.56-billion, Exxaro CEO Dr Nombasa Tsengwa said during Thursday’s record-earnings presentation by the coal, energy and... 

Exxaro CEO Dr Nombasa Tsengwa.
Exxaro results presentation covered by Mining Weekly's Martin Creamer. Video Editing: Darlene Creamer.

Orion will now build smaller but get base metals into production far sooner 

By: Martin Creamer     15th March 2023 What South Africa’s base metals mining aspirant Orion Minerals has been trying to do over the last two years is to drive a very typical historic project financing arrangement for junior mining. This very typical historic project financing model involves getting banks in for between 60% and 70% of... 

Northern Cape base metals' hubs.
Northern Cape base metals' hubs.

Petra’s latest tender cycle seen as confirming improving diamond price trend 

By: Martin Creamer     15th March 2023 Diamond mining and marketing company Petra has sold $72.1-million worth of rough diamonds in its fourth tender cycle, which is 12.5% up on the third tender's like-for-like prices and which is viewed as confirming an improving diamond price trend. Petra CEO Richard Duffy ascribed the positive... 

Petra Diamonds CEO Richard Duffy.
Photo by Creamer Media
Petra Diamonds CEO Richard Duffy.

Banking has crucial role to play in enabling mining to transition to clean energy, says Nedbank CIB 

By: Martin Creamer     14th March 2023 The banking sector has a crucial role to play in enabling mining companies to transition to clean energy fully, says Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo. “Innovative funding structures and sustainable-finance solutions can help... 

Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.
Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.

Re-pursue exploration to help re-build South Africa’s economy, says business booster   

By: Martin Creamer     13th March 2023 Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among the ardent messages put over by mining sector performance enhancer Dilley Naidoo, the the director of... 

Dilley Naidoo, Director of Business Development, Rifle-Shot Performance.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Pan African maximises rand gold price to secure full funding for Mintails project 

By: Martin Creamer     13th March 2023 Funding for the R2.5-billion construction of the Mintails tailings project has been completed, with Pan African Resources managing to capitalise on the current attractive rand gold price to secure the final component of the full funding package without any dilution to its shareholders. “We’re... 

Mintails' North Sand gold dump.
Mintails' North Sand gold dump.

EVs, platinum deficit and SA's opportunities make headlines   

10th March 2023 This week, Mining Weekly Editor Martin Creamer discusses the prediction that the total cost of ownership of platinum-based hydrogen fuel cell electric vehicles will be unrivaled by 2023; he notes that the World Platinum Investment Council is forecasting a material deficit in the platinum market... 

Photo of Martin Creamer
EVs, platinum deficit and SA's opportunities make headlines

Another just energy transition drive hits high spots in form of Just Green AfrH2ica 

By: Martin Creamer     9th March 2023 Yet another just energy transition initiative has come flying out of its starting blocks in the form of Just Green AfrH2ica, the promoter of the just energy transition to green hydrogen in Africa, the continent with the distinctive potential to benefit exponentially from low-cost renewable energy... 

Another just energy transition initiative has come flying out of its starting blocks in the form of Just Green AfrH2ica.
Another just energy transition initiative has come flying out of its starting blocks in the form of Just Green AfrH2ica.

Platinum-based hydrogen fuel cell vehicles forecast to be TCO unrivalled by 2026/7 

By: Martin Creamer     8th March 2023 The total cost of ownership  (TCO) of platinum-based hydrogen fuel cell electric vehicles (FCEVs) is forecast to be less than that of battery electric vehicles (BEVs) by 2026, and less than that of internal combustion engines (ICEs) by around 2027, with an overall estimated 50% FCEV cost decline... 

Hydrogen fuel cell electric vehicles are forecast to take the competitive high road.
Hydrogen fuel cell electric vehicles are forecast to take the competitive high road.

Turn energy, logistics threats into opportunities, African Rainbow Minerals CEO urges  

By: Martin Creamer     6th March 2023 South Africa's energy and logistics threats should be turned into opportunities, says African Rainbow Minerals (ARM) CEO Mike Schmidt. Speaking to Mining Weekly in a Zoom interview following ARM’s presentation for 40% higher headline earnings at R5 171-million, Schmidt urged the country to never... 

African Rainbow Minerals (ARM) CEO Mike Schmidt.
African Rainbow Minerals CEO Mike Schmidt speaking to Mining Weekly's Martin Creamer. Video editing: Darlene Creamer

African Rainbow Minerals to deliver early ounces from Bokoni platinum mine 

By: Martin Creamer     6th March 2023 Diversified mining company African Rainbow Minerals (ARM) has invested R1-billion of capital to deliver early ounces at the Bokoni platinum group metals (PGMs) mine, the company said on Monday when the JSE-listed company delivered 40%-higher headline earnings to R5 171-million in the six months... 

ARM's growth outlook.
ARM's growth outlook.

African Rainbow Minerals declares R3bn interim dividend 

By: Martin Creamer     6th March 2023 The headline earnings of African Rainbow Minerals rose by 40% to R5 171 million in the six months to December 31, when the JSE-listed company maintained a robust financial position, with net cash of R9 548-million. An interim dividend of R14 a share amounting to R3 145-million has been declared... 

African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.

Hydrogen economy continuing to build, Implats’ Sifiso Sibiya reports 

By: Martin Creamer     3rd March 2023 Momentum in the hydrogen economy is continuing to build, Implats group executive refining and marketing Sifiso Sibiya reported when he presented an Implats slide outlining global market trends for the platinum group metals (PGM) of the Johannesburg Stock Exchange-listed company, which this week... 

Implats group executive refining and marketing Sifiso Sibiya.
Implats group executive refining and marketing Sifiso Sibiya.

Renewables, cheap electricity, climate change make headlines  

3rd March 2023 Mining Weekly Editor Martin Creamer discusses the response to Implats's request for information on wheeled renewables; mine life  extended owing to cheaper electricity; and stats that the world is warming to pre-industrial levels, a long way off from the Paris Agreement requirement.  

Photo of Martin Creamer
Renewables, cheap electricity, climate change make headlines

Implats unable to stem inflation tide as well as hoped, says CEO  

By: Martin Creamer     3rd March 2023 Platinum group metals mining and marketing company Implats was unable to stem the high global inflation tide in the six months to December 31. Half-year group unit costs per six element (6E) ounce rose 15% to R19 346/oz. Fuel inflation hit Implats' Canada operation at the sky-high level of 71%.... 

Fuel inflation hit Implats' Canada operation at the sky-high level of 71%.
Implats presentation of half-year results covered by Mining Weekly's Martin Creamer. Video editing: Darlene Creamer.

Implats reports big response to request for information on wheeled renewables  

By: Martin Creamer     2nd March 2023 Platinum group metals mining and marketing company Impala Platinum (Implats) has had a major response to its request for information (RFI) for electricity through wheeling from renewable energy sources to its South African operations. “I must say the response was overwhelming, given the other... 

Dr Tsakani Mthombeni
Implats half-year results covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Implats benefits from strong demand, R4.3bn allocated to energy, decarbonisation  

By: Martin Creamer     2nd March 2023 Platinum group metals (PGMs) mining and marketing company Implats benefitted from strong demand for its primary products in the half-year to December 31, amid a robust rand PGMs pricing environment, which mitigated the financial impact of broad-based inflationary pressures, the JSE-listed company... 

Implats CEO Nico Muller.
Implats half-year results covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Harmony’s cheaper electricity and productivity surge can extend mine life  

By: Martin Creamer     1st March 2023 The three-phase renewable energy rollout of Harmony Gold is not only driving decarbonisation but also the reduction of electricity costs, which has the potential to extend mine life through a triple-win outcome. On the productivity front, strides are being made under the S300 business improvement... 

First two phases alone will save R425-million a year.
Harmony CEO Peter Steenkamp interviewed by Mining Weekly's Martin Creamer. Video and Video Editing: Darlene Creamer

Harmony CEO hails strong performance of South African mines despite loadshedding  

By: Martin Creamer     1st March 2023 The South African operations of Harmony Gold did very, very well in the six months to the end of December last year load curtailment notwithstanding, Harmony Gold CEO Peter Steenkamp said during a media call on Wednesday. “There are many mines that performed above expectation,” Steenkamp said in... 

Harmony's Mponeng Gold Mine.
Harmony Gold's half-year results presentation covered by Mining Weekly's Martin Creamer. Video editing: Darlene Creamer.

Sibanye-Stillwater records third-best earnings as it celebrates tenth anniversary  

By: Martin Creamer     28th February 2023 This month ten years ago, Sibanye Gold Limited was unbundled by Gold Fields Limited and listed on the JSE and the NYSE as an independent company with three deep-level South African gold mines and a market capitalisation of R10-billion. Today, the group, headed by CEO Neal Froneman, is intent on... 

Sibanye-Stillwater ten years on.
Sibanye-Stillwater's half-year results presentation covered by Mining Weekly's Martin Creamer. Video editing: Darlene Creamer.

Higher commodity prices failing to spur fixed mining investment  

By: Martin Creamer     28th February 2023 The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment consequences, Minerals Council South Africa states in its Facts & Figures Pocketbook 2022. This is... 

South African mining remained a trillion rand industry for the second year in 2022.
South African mining remained a trillion rand industry for the second year in 2022.

Locally made, fully automated rock bolter launched for the mining industry 

By: Schalk Burger     27th February 2023 A new fully automatic bolter has been launched by mining services company Buraaq into the South African mining industry for use in underground and opencast operations. The Buraaq SD212i bolter is locally designed and built, with its core design focusing on improving the safety of the operator and... 

Trackless mobile machine safety next big challenge, says Minerals Council  

By: Martin Creamer     27th February 2023 Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South... 

From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.
From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.

World warming at rate well above what Paris Agreement requires, Anglo CEO warns 

By: Martin Creamer     24th February 2023 The world is on a trajectory to reach 2.7°C of warming above pre-industrial levels, which is quite a long way mathematically from the 1.5°C that is required by the Paris Agreement. This was pointed out by Anglo American CEO Duncan Wanblad, quoting independent sources such as Climate Action Tracker. 

Anglo American CEO Duncan Wanblad.
Photo by Creamer Media
Anglo American CEO Duncan Wanblad.

Renewables, tax breaks, hydrogen corridor make headlines   

24th February 2023 Mining Weekly Editor Martin Creamer discusses Anglo American's renewable and green hydrogen projects; Minerals Council South Africa welcoming the 125% tax break for businesses investing in renewables; and the 14 000 jobs Amplats expects to be created through SA’s hydrogen corridor.   

Photo of Martin Creamer
Renewables, tax breaks, hydrogen corridor make headlines
1
2 3 4 5 6 7 8 9

Latest News

more

Resources Watch

more

Second Take

more

At the Coalface

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

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

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now