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Audio Articles
AngloGold declares $121m first-half dividend on strong cash flow, higher production 
By: Martin Creamer 5th August 2022 Gold mining company AngloGold Ashanti on Friday declared an interim dividend of $121-million on 3% higher year-on-year production and a strong cash-flow improvement. First-half production for the first six months of 2022 was 1.233-million ounces, with second-quarter output up 10% on strong... →
High-flying Glencore locks in renewable power, prioritises future-facing metals 
By: Martin Creamer 4th August 2022 Diversified mining and marketing company Glencore, which delivered exceptionally strong financial results in the six months to June30, is taking steps to progress its decarbonisation pathway, CEO Gary Nagle said on Thursday. The steps include locking in a number of renewable purchase power... →
SA's energy plan, Queensland royalty rates, Anglo's green hydrogen production plan make headlines
4th August 2022 Mining Weekly Editor Martin Creamer discusses former Eskom CEO Brian Dames's support for President Cyril Ramaphosa’s energy plan; Australia’s Queensland government increasing its royalty rates significantly without consultation; and Anglo’s plan for green hydrogen production with on-site solar... →
DMRE reports overall improvement in mining health, safety record
By: Darren Parker 3rd August 2022 The number of mining fatalities, injuries and diseases have decreased for the year to date as compared with the same period last year, Department of Mineral Resources and Energy (DMRE) chief inspector of mines and Mine Health and Safety Council chair David Msiza revealed during a virtual... →
DMRE chief inspector of mines and Mine Health and Safety Council chair David Msiza
Rail constraints costing South African miners billions of rands in lost exports 
By: Tasneem Bulbulia 3rd August 2022 Despite bulk mineral exports being State-owned Transnet’s single biggest client base, South Africa is unable to access the full benefits of minerals exports, Minerals Council South Africa CEO Roger Baxter told delegates attending the first day of the South African Heavy Haul Association (SAHHA)... →
Anglo’s big on-site solar, off-site wind plan lays foundation for green hydrogen
By: Martin Creamer 3rd August 2022 The planned construction by Anglo American of on-site solar plants and off-site regional wind farms is designed to create a renewable energy ecosystem that reduces Scope 2 emissions and lays the foundation for green hydrogen production – “a hugely ambitious piece of work, and not one that is... →
Royal Bafokeng applauds President’s energy plan, nears decision on solar
By: Martin Creamer 2nd August 2022 Royal Bafokeng Platinum CEO Steve Phiri on Tuesday applauded President Cyril Ramaphosa’s energy plan, which involves the introduction of new generation capacity to the grid as quickly as possible to give Eskom the required headroom to carry out much-needed maintenance on its ageing coal fleet.... →
Royal Bafokeng Platinum declares conservative R711m interim dividend
By: Martin Creamer 2nd August 2022 Taking into consideration the declining basket price, the uncertain demand fundamentals, global recession fears and the continuing uncertainty brought about by the M&A activity, the board of Royal Bafokeng Platinum (RBPlat) decided to adopt a conservative approach in declaring the interim... →
President Ramaphosa’s got it right, says ex-Eskom CEO on new energy plan
By: Martin Creamer 1st August 2022 African Rainbow Energy and Power CEO and former Eskom CEO Brian Dames concurs fully with the energy plan unveiled by President Cyril Ramaphosa. “I think he’s got it right,” was Dames's summing up of the President's energy initiative during a discussion at the Coal & Energy Transition Day, covered... →
Anglo’s Pearce decries Queensland’s dramatic increase in royalty rates
By: Martin Creamer 29th July 2022 The percentage that Australia’s Queensland government will take from Anglo American in 2023 is set to rise from 48% to 59% at current prices, owing to Queensland dramatically increasing its royalty rates without consultation. Anglo American finance director Stephen Pearce decried this as having a... →
Glencore’s ferrochrome production up on consistent smelter performance
By: Martin Creamer 29th July 2022 Ferrochrome production, which is South Africa-based, rose 2% in the six months to June 30, reflecting consistent smelter performance, Glencore reported on Friday. Attributable ferrochrome production of 786 000 t was 13 000 t higher than in the first half of last year amid overall production being... →
Glencore CEO Gary Nagle
De Beers pleased with strong set of first-half results
By: Martin Creamer 28th July 2022 In the six months to June 30, rough diamond production of the De Beers Group increased by 10% to 16.9-million carats, reflecting a strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds. Underlying earnings before interest tax... →
Green electron/hydrogen advance set to move much faster – Anglo
By: Martin Creamer 28th July 2022 Anglo American CEO Duncan Wanblad on Thursday expressed delight at the energy announcement of President Cyril Ramaphosa, who has unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW... →
Radical renewables, hydrogen ramp-up needed, coal energy transition day hears
By: Martin Creamer 27th July 2022 A radical ramp-up of renewable energy and green hydrogen capacity will be needed by 2040 to take South Africa towards a net-zero climate change commitment, the Coal & Energy Transition Day heard on Wednesday. On the coal-fired power front, South Africa would from the 2040s/2045s need to have... →
Presidential Climate Change Commission executive director Chrispian Olver.
World-first hydrogen haul truck operational from August – Anglo Platinum
By: Martin Creamer 27th July 2022 The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the second prototype is already underway, where learnings from the first truck are being taken into the... →
Steel market embracing need for decarbonisation, says Kumba Iron Ore
By: Martin Creamer 26th July 2022 At a time when steelmakers the world over are taking strong steps to decarbonise steelmaking, Kumba Iron Ore’s high-quality, high-lump iron-ore is highly sought after, which positions the Johannesburg Stock Exchange-listed mining and marketing company well in the global fight against climate... →
Kumba Iron Ore excited by President’s energy plan, working earnestly on carbon reduction
By: Martin Creamer 26th July 2022 Kumba Iron Ore CEO Mpumi Zikalala on Tuesday expressed excitement at the energy announcement of President Cyril Ramaphosa, who unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW... →
Decarbonisation, renewables can create new economic sectors in SA – Anglo Platinum
By: Martin Creamer 25th July 2022 JOHANNESBURG (miningweekly.com) – Anglo American Platinum CEO Natascha Viljoen on Monday expressed the firm belief that decarbonisation and renewable energy have the potential to create new economic sectors in South Africa. On the renewable energy front, Viljoen also revealed that Anglo Platinum... →
Anglo Platinum declares R21bn dividend, levers R71bn half-year societal underpin
By: Martin Creamer 25th July 2022 Platinum group metals (PGMs) mining and marketing company Anglo American Platinum on Monday declared a gross interim dividend of R21.5-billion from profits accrued during the six-month period ended June 30, when it made a R71-billion economic contribution to society. The dividend is equivalent to... →
Anglo American Platinum CFO Craig Miller
Europe leads even though sun, wind, storage, green electron/molecule energy is tailor made for South Africa
By: Martin Creamer 22nd July 2022 This week the European Commission approved €5.4-billion of public support by 15 member states for a hydrogen technology value chain taking in hydrogen generation technology, fuel cells technology, storage technology and end-user technology. The week before, Shell started building Europe’s largest... →
Energy storage, Anglo American, Kumba make headlines
22nd July 2022 Mining Weekly Editor Martin Creamer discusses South Africa’s potential in creating a new industry through energy storage; Anglo American's sustainability targets; and Kumba Iron Ore's 6th fatality-free year and increased export sales. →
Anglo progresses sustainability as Chile drought hits copper output
By: Martin Creamer 21st July 2022 Diversified mining and marketing company Anglo American is progressing towards its stretching sustainability targets on all fronts while partnering to accelerate the deployment of hydrogen-powered haul truck technology across the mining industry and other transport applications. This was... →
Anglo American CEO Duncan Wanblad
Fatality-free Kumba Iron Ore achieves above-benchmark prices, lifts exports
By: Martin Creamer 21st July 2022 In its sixth year of fatality-free production, Anglo American group's iron-ore mining company Kumba Iron Ore averaged prices considerably above the global benchmark in the six months to June 30, when it also increased export sales. The average realised free-on-board wet metric tonne (wmt) export... →
Anglo Platinum maintains 2022 guidance as half-year earnings head for fall
By: Martin Creamer 21st July 2022 Johannesburg Stock Exchange-listed platinum group metals (PGMs) mining and marketing company Anglo American Platinum has maintained its metal-in-concentrate PGM guidance, while also advising of a potential halving of half-year earnings in the six months to June 30. Guided for 2022 is 3.9-million... →
Hydrogen-powered truck launch highlights sustainability progress.
Use South Africa’s 5 000 MW energy storage need to create new industry – Bushveld
By: Martin Creamer 20th July 2022 South Africa’s 5 000 MW renewable energy storage requirement is seen as providing the critical mass for the creation of new local energy storage industry that will have the potential to export into the growing global market for energy storage solutions. A new own-value-chain local industry is... →
South Africa’s gold, platinum mines mark six months without fall-of-ground fatalities
By: Tasneem Bulbulia 20th July 2022 South Africa achieved a record six months without a mining fatality caused by a fall-of-ground (Fog) incidents in its gold and platinum mines, industry body the Minerals Council South Africa reports. Building on the record performance in the first three months of the year, when one person was... →
Petra reports increased production, revenue for the year
By: Darren Parker 19th July 2022 LSE-listed Petra Diamonds has reported a year-on-year increase in revenue and production for the financial year ended June 30, even though production dipped in the fourth quarter. Production for the fourth quarter dropped by 6% quarter-on-quarter to 745 790 ct owing to less tonnes being treated... →
Petra CEO Richard Duffy
Canada’s Tantalex on way to becoming African lithium producer
By: Martin Creamer 19th July 2022 Canadian junior exploration company Tantalex Lithium Resources, which is developing tin, tantalum and lithium projects in the Democratic Republic of Congo (DRC), is looking to raise capital $15-million early next year for the further development of its lithium assets. Tantalex is developing three... →
Logistics solutions needed quickly to avoid lost commodity price opportunity – Menar
By: Martin Creamer 18th July 2022 While there is commitment from State rail enterprise Transnet to find a solution to bulk commodity logistical disruption, the issue is time, as the challenges need to be overcome with the necessary speed to avoid South Africa continuing to lose out on decent commodity prices. “The State’s... →
Sibanye continues to make reparations at Marikana
By: Darren Parker 15th July 2022 After acquiring platinum producer Lonmin’s operations in 2019, diversified miner Sibanye-Stillwater continues to contribute to reparations for those community members who were affected by the violent wage-related protests near the then-Lonmin-operated Marikana platinum group metals (PGMs) mine... →
The infamous Marikana koppie stands silent ten years after fatal violence erupted here
Basing analysis solely on data can result in treasure being mistaken for trash
By: Martin Creamer 15th July 2022 Applying subject matter expertise to process data streams for accuracy is a necessary part of mining’s new digital age, according to SRK Consulting Global chief technology officer Mike Olsen. Olsen, the leader of SRK’s data engineering team, spoke to Mining Weekly in a Zoom interview from Canada.... →
PEM Electrolyser, Ironveld, Jubilee Metals make headlines
15th July 2022 Mining Weekly Editor Martin Creamer discusses Australia’s PEM water electrolyser; Ironveld’s plans to acquire Ferrochrome Furnaces; and Jubilee Metals's Sable refinery. →
New mining Bill major threat to jobs and investment, must be strenuously opposed – ENSafrica
By: Martin Creamer 14th July 2022 A new draconian mining industry draft Bill, which threatens jobs and investment – and can even impose a penalty of 10% of turnover on a mine company, along with corporate manslaughter charges – must be “very, very strenuously opposed", top South African mining industry lawyer Willem Le Roux urged... →
Presenting ENSafrica webinar are from top anti-clockwise Willem Le Roux, Pieter Colyn and Celeste Coles.
Anglo, Nippon partner to further decarbonise steelmaking
By: Marleny Arnoldi 14th July 2022 Diversified miner Anglo American has signed a memorandum of understanding (MoU) with Japan-headquartered Nippon Steel to develop solutions for lower-carbon steelmaking. As an iron-ore supplier to the steelmaking industry, Anglo deems it important to help shape a greener future for the backbone... →
Ironveld seeks to bring Rustenburg smelter back to life
By: Donna Slater 13th July 2022 Aim-listed iron, vanadium and titanium developer Ironveld plans to raise up to £5-million to acquire the remaining stake in the mothballed Ferrochrome Furnaces (FCF) business it does not already own, as well as to refurbish the FCF smelting complex, in Rustenburg, in South Africa’s North West... →
Hydrogen highlighted as ‘slam dunk’ of heavy haul
By: Martin Creamer 13th July 2022 What will be Australia’s biggest electrolyser – a platinum-using proton exchange membrane or PEM electrolyser – is on order to provide green hydrogen Down Under at a time when the planet’s lightest molecule is being highlighted as the ‘slam dunk’ of heavy-haul transport in a decarbonising world.... →
Harmony to deliver green gold with help of green loan
By: Martin Creamer 12th July 2022 Harmony Gold, which met its annual production guidance in the 12 months to end June against strong odds, is continuing to “mine with purpose”, which includes leaving a cleaner and healthier planet. Harmony CEO Peter Steenkamp said headwinds had again been turned into opportunities, with the... →
Rain blamed for ‘disappointing’ second quarter for BlueRock, mine CEO steps down
By: Darren Parker 12th July 2022 Aim-listed diamond producer BlueRock Diamonds, which owns and operates the Kareevlei diamond mine, near Kimberley, in South Africa’s Northern Cape, has had a “disappointing” second quarter as a result of excessive rain, BlueRock executive chairperson Mike Houston said on July 11. “The extreme... →
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