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Audio Articles

About 22% of Minerals Council members’ employees vaccinated thus far 

By: Simone Liedtke     18th August 2021 As of August 17, Minerals Council South Africa member companies have vaccinated 105 927 employees. This represents around 22% of mining employees and contractors. 

Pic/Image of Covid-19 vaccine bottles.

Marikana massacre commemorated with second yearly memorial lecture  

By: Donna Slater     17th August 2021 The interdependence between business and stakeholders has never been more critical, nor has the need for collaboration to learn from past events and ensure they are never repeated, Sibanye-Stillwater CEO Neal Froneman said during the second yearly Marikana Memorial Lecture, on August 17. The... 

An image of Neal Froneman, the CEO of Sibanye-Stillwater
Marikana remembered with second memorial lecture

South Africa on verge of nice breakthroughs in hydrogen, says new SAIMM president  

By: Martin Creamer     17th August 2021 South Africa is on verge of nice breakthroughs in hydrogen, says newly elected Southern African Institute of Mining and Metallurgy (SAIMM) president Isabel Geldenhuys. Speaking to Mining Weekly in a Zoom interview, Geldenhuys expressed the view that all the big mines with big moving machinery... 

An image of new SAIMM president Isabel Geldenhuys
South African Institute of Mining and Metallurgy president Isabel Geldenhuys interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ivanhoe Mines Energy tasked with delivering renewable hydropower for Kamoa-Kakula 

By: Simone Liedtke     16th August 2021 Ivanhoe Mines Energy, a subsidiary of TSX-listed Ivanhoe Mines and sister company of Kamoa Copper, has been tasked with delivering reliable, clean, renewable hydropower to the Kamoa-Kakula copper mine, in the Democratic Republic of Congo (DRC). Ivanhoe Mines has also extended its existing... 

Thungela speedy in putting R6m into trust for communities around its coal mines  

By: Martin Creamer     16th August 2021 With the new Thungela Resources only months old, the JSE- and London-listed coal mining company has already put an initial R6-million into a trust for the benefit of the communities living around its coal mining operations. The first distribution to the Community Partnership Plan was made on June... 

Screenshot taken by Creamer Media of July Ndolvu during August 2021 presentation of results.
Thungela CEO July Ndlovu interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Barrick takes on surface haul truck electrification challenge 

By: Marleny Arnoldi     16th August 2021 Global miner Barrick Gold Corporation has joined an industry-wide effort to cut emissions from surface mining, called Charge on Innovation Challenge. The challenge takes the form of a global competition and seeks to leverage the experience of various industries to develop new concepts and... 

A photo of Mark Bristow, the president and CEO of Barrick Gold
Photo by Bloomberg
Barrick president and CE Mark Bristow

Thungela confident Transnet rail challenge is transient  

By: Martin Creamer     13th August 2021 New coal mining company Thungela Resources said on Friday that it remained confident that the Transnet Freight Rail (TFR) challenge is transient. Similar to the rest of the coal-mining industry, Thungela has faced a sustained period of underperformance by TFR. 

Screenshot of Thungela FD Deon Smith during august 2021 results.
Thungela results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Thermal coal price recovery buoys Thungela maiden interim  

By: Martin Creamer     13th August 2021 New coal mining company Thungela Resources on Friday reported interim results for the six months ended June 30 after one month of operating as an independent business. Thungela generated half-year operating profit of R990-million, adjusted earnings before interest, taxes, depreciation and... 

Picutre of Thungel CEO provided by Thungela
Thungela CEO July Ndlovu

Barrick Gold, Merafe, BHP Group make headlines   

13th August 2021 This week, Mining Weekly Editor Martin Creamer unpacks exploration investment; Merafe's cleaner, greener ferrochrome; and BHP Group being asked to responsibly manage down its fossil fuel assets.   

Image of Martin Creamer
Barrick Gold, Merafe, BHP Group make headlines

Exxaro ups coal volume at risk owing to Transnet challenges to three-million tonnes  

By: Martin Creamer     12th August 2021 Based on current performance, coal-mining company Exxaro has upped the second half of the year volume of coal at delivery risk, owing the ongoing Transnet Freight Rail (TFR) challenges, to three-million tonnes. “Previously we have highlighted what we believe will be the amount of volumes that... 

Screenshot taken during Exxaro Aug 2021 presentation
Exxaro half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Coal miner Exxaro to spell out decarbonisation strategy on Sept 20  

By: Martin Creamer     12th August 2021 The investment by diversified coal, energy and ferrous resources group Exxaro Resources in the renewable energy company Cennergi will further support the company’s decarbonisation strategy, Exxaro CEO Mxolisi Mgojo said when the JSE-listed company reported sterling half-year financial results... 

Screenshot of Exxaro CEO during presentation of half-year 2021 results.
Exxaro half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Friendly South African face could quickly attract exploration investment – Bristow 

By: Martin Creamer     11th August 2021 South Africa looks a lot like the global gold mining industry in that it has not encouraged reinvestment in its mining industry’s future, says Barrick Gold president and CE Dr Mark Bristow. "In fact, if anything, South Africa has harvested what it received back in 1994," adds Bristow, a hugely... 

A picture of Mark Bristow, taken from quarterly Barrick presentation on August 9, 2021
Photo by Creamer Media
Barrick president and CE Dr Mark Bristow.

Lucara progresses with Karowe expansion as diamond market recovery continues 

By: Marleny Arnoldi     11th August 2021 TSX-listed Lucara Diamond Corporation says the diamond market continues on its recovery path, as evidenced by the company generating revenue of $46.3-million for the quarter ended June 30. The company realised an average price per carat sold of $671 for the quarter.  

Lucara's openpit Karowe mine, in Botswana
Lucara's openpit Karowe mine, in Botswana

Up to 450 MW for cleaner, greener ferrochrome envisaged  

By: Martin Creamer     10th August 2021 Stainless steel production has recovered to pre-pandemic levels, resulting in robust demand for ferrochrome and chrome ore and better pricing on both, Merafe CEO Zanele Matlala said on Tuesday when the company reported cash-rich results supported by increased production. Improved efficiencies... 

Picture of Merafe CEO taken by Creamer Media
Merafe Resources presentation of results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Merafe’s ferrochrome earnings rocket on strong demand, dividend declared 

By: Martin Creamer     10th August 2021 Ferrochrome company Merafe on Tuesday reported an after-tax profit of R576-million in the six months to June 30 compared with a loss of R961-million in the prior comparative period. Half-year ferrochrome production rose 66% to 199 000 t, revenue rose 60% to R3 746-million and earnings before... 

A picture provided by Merafe of ferrochrome being smelted.
Half-year ferrochrome production volumes increased significantly.

Barrick meets or beats guidance for 10th successive quarter 

By: Martin Creamer     9th August 2021 For the tenth quarter in a row, Barrick Gold has met or beaten guidance, president and CE Mark Bristow said on Monday when the company presented second-quarter results. On an interim basis, earnings totalled $949-million compared with $757-million, largely on the higher refined gold price of $1... 

Picture of Barrick president and CE  Mark Bristow taken by Bloomberg
Photo by Bloomberg
Barrick president and CE Mark Bristow

Ferrochrome is part of the green revolution – Glencore 

By: Martin Creamer     6th August 2021 Diversified mining and marketing company Glencore views the ferrochrome market as being particularly strong currently. “We've seen very healthy ferrochrome prices and good cash generation in that business,” Glencore CEO Gary Nagle said. 

An image showing wind turbines in Canada
Glencore, which uses wind turbine generated energy in Canada and Australia, is looking to also do so in South Africa.

AngloGold reports H1 costs spike, lowers full-year guidance 

By: Marleny Arnoldi     6th August 2021 Despite an array of challenges experienced in the six months ended June 30, JSE-listed gold miner AngloGold Ashanti managed to lower its adjusted net debt by 41% year-on-year to $850-million and declared an interim dividend of $0.06 apiece. The company did, however, lower its production guidance... 

An image of Christine Ramon, the interim CEO of AngloGold Ashanti
AngloGold Ashanti interim CEO Christine Ramon

Glencore top-up lifts planned shareholder returns to $2.8-billion 

By: Martin Creamer     5th August 2021 Diversified mining and marketing company Glencore on Thursday announced additional shareholder returns, comprising a $0.5-billion special cash distribution for payment in September and a $650-million share buyback to be completed by the release of full-year results next year. This overall top-up... 

A picture of Gary Nagle, who has taken over from Ivan Glasenberg as CEO of Glencore.
Glencore CEO Gary Nagle

PGMs, green hydrogen, cadastre system make headlines  

5th August 2021 Mining Weekly Editor Martin Creamer unpacks the strong future market of platinum group metals; Germany’s green hydrogen strategy; and Botswana using South African cadastre technology.   

Image of Martin Creamer
PGMs, green hydrogen, cadastre system make headlines

Asante buys 'sleeping giant' Bibiani from Resolute in $90m deal  

By: Esmarie Iannucci     5th August 2021 Gold miner Resolute Mining has struck a $90-million deal with Asante Gold Corporation to sell its Bibiani gold mine, in Ghana. Resolute earlier this year was forced to terminate a $105-million sales agreement over the Bibiani project with China’s Chifeng Jilong Gold Mining Co, after the Ghanaian... 

An image of the Bibiani plant in Ghana

RBPlat CEO Steve Phiri sees PGMs market remaining strong   

By: Martin Creamer     4th August 2021 Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri sees the market for platinum group metals (PGMs) remaining strong for many years to come. In a Zoom interview with Mining Weekly following the JSE-listed PGM mining company’s presentation of outstanding record financial results, Phiri outlined the... 

A picture of the surface operations of the Styldrift mine
Royal Bafokeng Platinum CEO Steve Phiri interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Endeavour on track to meet upper end of its full-year guidance 

By: Donna Slater     4th August 2021 LSE- and TSX-listed West Africa-focused gold miner Endeavour Mining reports that its gold production of 409 000 oz for the second quarter, ended June 30, was 18% higher than that of the first quarter. Its all-inclusive sustaining costs (AISC) for the quarter decreased by $15/oz, to $853/oz.  

Paladin eyes $50/lb pricepoint for restart  

By: Esmarie Iannucci     4th August 2021 Uranium company Paladin Energy is awaiting a spot price of $50/lb or more for uranium before restarting its Langer Heinrich uranium operations, in Namibia. Speaking on the sidelines of the Diggers & Dealers conference, Paladin CEO Ian Purdy noted that the current spot market price was not... 

An image showing the Langer Heinrich uranium operations in Namibia.
Langer Heinrich, Namibia

Rhodium again top performer in RBPlat’s revenue basket  

By: Martin Creamer     3rd August 2021 Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... 

Taken during presenetation of half year results in August 2021.
Royal Bafokeng Platinum presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Electricity supply constraints to impact on critical PGMs production - Davis 

By: Donna Slater     3rd August 2021 As efforts to reduce the impact of global warming and climate change ramp up, South Africa is set to lose out on critical platinum group metals (PGM) production as a result of increasing electricity disruptions and load-shedding, independent precious metal consultant Dr David Davis says. Demand... 

An image of independent precious metal consultant Dr David Davis
Independent precious metal consultant Dr David Davis

30 MW solar study will be concluded in second quarter of 2022 – RBPlat  

By: Martin Creamer     3rd August 2021 The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and... 

Screenshot taken during RBPlat's presentation of half-year results, August 2021
Royal Bafokeng Platinum results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Tshiamiso Trust has paid out R9m so far  

By: Marleny Arnoldi     2nd August 2021 The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis in South Africa’s gold mining sector, has successfully paid the first group of more than 100 compensation settlements to claimants following earlier pilot payments to test its system.... 

Anglo working towards collaborative decarbonised energy advance across South Africa  

By: Martin Creamer     30th July 2021 Anglo American, which will have all of its South American operations on renewable energy by the end of next year, is working towards trying to achieve a collaborative multi-company government- and Eskom-linked decarbonised energy advance across South Africa. Speaking to Mining Weekly in a Zoom... 

Mark Cutifani interviewed by Mining Weekly.
Anglo American CEO Mark Cutifani speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Sibanye advances battery metals strategy with acquisition of French nickel refinery  

By: Marleny Arnoldi     30th July 2021 Precious metals miner Sibanye-Stillwater has taken the next step in expanding its footprint in the battery metals sector by entering into an exclusive put option agreement with French mining group Eramet to acquire the Sandouville nickel hydrometallurgical processing facility, in France, for... 

Nickel ore

Anglo American, iron-ore export line, PGMs make headlines   

30th July 2021 Mining Weekly Editor Martin Creamer unpacks Anglo American’s record half-year financial performance; Transnet & Kumba Iron Ore working to refurbish the iron-ore export line; and Anglo American Platinum eyeing computing and food technology as areas of opportunity for Platinum Group Metals.   

Image of Martin Creamer
Anglo American, iron-ore export line, PGMs make headlines

Anglo on trajectory towards becoming minerals solutions provider  

By: Martin Creamer     29th July 2021 Diversified mining and marketing company Anglo American, which shot the lights out on Thursday with the presentation of an all-time record set of half-year results, is on its way to becoming a minerals solutions provider rather than a digger of holes. The London- and Johannesburg-listed Anglo is... 

Picture for presentation of results July 2021
Anglo American results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

De Beers bounces back to 2019 levels with outstanding performance  

By: Martin Creamer     29th July 2021 Global consumer demand for diamonds continued to recover from the impact of Covid, supported by fiscal stimulus in the US and the roll-out of vaccines, De Beers Group said on Thursday when it was credited with helping Anglo American to achieve an all-time record half-year, a period in which De... 

Picture used with video interview of De Beers CFO
De Beers Group CFO Sarah Kuijlaars interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

World-beating Anglo reports record half-year earnings of $12.1bn 

By: Martin Creamer     29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... 

Picture from Anglo American
Anglo American CEO Mark Cutifani

Computing, food tech among many new PGM opportunity areas ­– Anglo Platinum  

By: Martin Creamer     28th July 2021 The computing world is an opportunity area for platinum group metals (PGMs), along with food technology, alloy development, medical advance, waste control, battery and storage  – and that is on top of the now much-celebrated and pervasive green hydrogen feedstock phenomenon. JSE-listed Anglo... 

Picture of Natascha Viljoen from Creamer Media files.
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Kumba working with Transnet to fix tracks so that rail speed can be lifted  

By: Martin Creamer     27th July 2021 Anglo American group mining company Kumba Iron Ore, which on Tuesday reported a superb set of record half-year results, is working with Transnet to refurbish the iron-ore export line so that trains can travel at a higher average speed than the current 30 km/h. In the six months to June 30,... 

Kumba CEO during presentation of half-year 2021 results
Kumba Iron Ore’s results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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

By: Martin Creamer     27th July 2021 Anglo American group iron-ore mining company Kumba Iron Ore, which has achieved record half-year earnings with great exuberance, has shared a sky-high first-half R51-billion with its spread of stakeholders that take in the fiscus, local suppliers, nearby communities, employees, shareholders and... 

This picture was provided by Kumba as part of its half-year  results media release.
Kumba Iron Ore CE Themba Mkhwanazi

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.
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