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Bauxite News

Metals rebound as world's energy crisis keeps roiling the market

By: Bloomberg     22nd October 2021 Base metals were mostly higher, paring a weekly slump, as the global energy crisis kept roiling the energy-intensive sector. The global energy shortage, fueled by record coal and gas costs, has forced metal output cuts from China to Europe, depleting inventories. Freeport-McMoRan, the world’s... 

Rio continues bauxite partnership in Canada

By: Esmarie Iannucci     20th October 2021 Mining giant Rio Tinto has renewed its partnership with the Université du Québec à Chicoutimi (UQAC), in Canada, for another three years. The miner this week said that it would commit more than $2-million over the next three years to continue research and development (R&D) in bauxite and... 

Policy-not-law charter judgment going long way towards providing certainty – NSDV 

By: Martin Creamer     19th October 2021 The court judgement that the mining charter is policy and not law goes a long way towards providing regulatory certainty, says NSDV mining law senior associate Muhammed Khan ­– but it is not the end of the road, he cautions in a 1 500-word analysis entitled The Great Mining Charter Debate. Khan... 

Picutre supplied by NupenStaudeDeVries
NSDV mining law senior associate Muhammed Khan.

Incentive needed for smaller end of stock exchange to survive – Miller  

By: Martin Creamer     18th October 2021 An incentive is needed for the listing of companies on the smaller end of the stock exchange, which is facing an existential crisis, said AmaranthCX director and owner Paul Miller on Monday. Reacting to the groundswell of headlines about delistings and lack of listings on the Johannesburg Stock... 

Creamer Media screenshot of Paul Milller during October 2021 Zoom interview.
AmaranthCX director and owner Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Miners disclose CO2 emissions on LME's sustainability register

By: Reuters     13th October 2021 Nine metal producers including Antofagasta and Teck Resources have disclosed the carbon emissions from their metal producing operations on the London Metal Exchange's newly launched digital register. The register known as LMEpassport is aimed at users of the exchange wanting to support the... 

Norsk Hydro CEO says uneven competition on CO2 cost threatens green transition

By: Reuters     11th October 2021 The green transition is under threat unless governments can level the playing field between metal producers who are forced to pay offset costs for their emissions and those who are not, the CEO of aluminium maker Norsk Hydro said on Monday. "Some are subject to the world's most ambitious climate... 

An image of the Alunorte alumina refinery
The Alunorte alumina refinery, in Brazil

Exploration key to keeping South Africa on right side of future – investors 

By: Martin Creamer     11th October 2021 Exploration is key to keeping South Africa on the right side of the future-facing metals scenario, the Joburg Indaba heard last week from potential investors. During a panel discussion on mining sector prospects covered by Mining Weekly, the heads of international investment companies commented... 

Creamer Media screenshot of panel discussion at Joburg Indaba in October 2021
Photo by Creamer Media
Form top left clockwise are Fiona Perrott-Humphrey, Olivia Markham, Brett Beatty, Bernard Swanepoel and Mick McMullen.

Concerns remain despite assurances after coup

By: Cameron Mackay     8th October 2021 Despite assurances that mining activity would not be disrupted in Guinea following the coup d'état on September 5, there is lingering concern that investors could be reluctant to continue investing in the country, argues law firm Beech Veltman CEO Warren Beech. “Investors are usually concerned... 

Image of Beech Veltman CEO Warren Beech
WARREN BEECH While West Africa should be benefitting from more investment, there are a number of concerns to investors regarding illegal mining and regional stability and security

South Africa’s exploration investment lowest since democracy began, Joburg Indaba hears  

By: Martin Creamer     7th October 2021 South Africa’s mining industry is at its lowest level of exploration investment since democracy began in 1994, the Joburg Indaba heard on Thursday. “Never have we spent less – and this is a pity because significant promises were made about an exploration plan for the country,” Joburg Indaba... 

Creamer Media screenshot from Joburg Indaba October 2021
Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South Africa in danger of missing out on commodity boom, Joburg Indaba hears  

By: Martin Creamer     6th October 2021 A much more enabling environment is needed to ensure that South Africa does not miss out on yet another commodity boom, the Joburg Indaba heard on Wednesday. “We know that we’ve missed at least one commodity boom,” Foskor chairperson, Industrial Development Corporation director and founding... 

Creamer Media screenshot of PwC Africa CEO Dion Shango at Joburg Indaba 2021
Joburg Indaba opening session covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Innovative wireless sensor approach could make exploration cheaper – Prof  

By: Martin Creamer     5th October 2021 An innovative wireless sensor method of mapping the subsurface of the earth could make exploration cheaper and mining safer, says Professor Musa Manzi, the award-winning director of the Seismic Research Centre of the School of Geosciences at the University of the Witwatersrand. The method, which... 

Picture supplied
Wits Professor Musa Manzi interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Investment in mining crucial to ensure continued contribution to economy – PwC  

By: Martin Creamer     5th October 2021 Investment in the mining industry is crucial to ensure its continued contribution to the South African economy, says PwC in its thirteenth edition of SA Mine 2021, a series of publications that highlights trends in the South African mining industry. In a year of doom and gloom on so many fronts,... 

Creamer Media screenshots and design of elements presented at PwC SA Mine 2021
PwC presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Giant private mining companies getting away with no obligation to report anything publicly   

By: Martin Creamer     4th October 2021 A globally significant chrome producer operating six chrome mines and employing 7 000 people inside South Africa – with a social labour plan obligation on every mine, with tax and royalty obligations paid to the State – is permitted to operate in this country with no ongoing public disclosure... 

Creamer Media screenshot of Paul Miller taken during Zoom interview on 4 October 2021
AmaranthCX director Paul Miller interviewed on transparency by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South32 to acquire up to 25% more of Mozal Aluminium

By: Martin Creamer     30th September 2021 South32 has exercised its pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from Mitsubishi’s MCA Metals. In doing so, the Sydney- and Johannesburg-listed diversified mining company will match a headline purchase price of $250-million to... 

Picture supplied by South32 of Graham Kerr
South32 CEO Graham Kerr

Sibanye-Stillwater moving to radical transparency on public tailings disclosure 

By: Martin Creamer     29th September 2021 Gold, platinum and green metals company Sibanye-Stillwater is moving towards the embrace of radical transparency when it comes to public disclosure on matters relating to tailings facilities against the backdrop of 230 significant tailings failures having taken place globally. Sibanye-Stillwater... 

Creamer Media screenshot
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

Indonesia State mining holding firm eyes end-2022 IPO for Inalum

By: Reuters     27th September 2021 State mining holding firm Mining Industry Indonesia (MIND ID) is eyeing an initial public offering (IPO) around the end of next year for its bauxite mining business, its chief executive said on Monday. The State-Owned Enterprises Ministry, as the controlling shareholder, is currently in the... 

Exxaro’s Cennergi to decarbonise group’s own coal mines plus mining industry    

By: Martin Creamer     21st September 2021 Cennergi, the wholly owned renewable energy arm of coal mining company Exxaro and South Africa’s second-largest renewable energy company, is being deployed to decarbonise the Johannesburg Stock Exchange-listed company’s own coal mines. In addition, Exxaro, through Cennergi, is in discussion with... 

Screenshot of Exxaro CEO Mxolisi Mgojo
Exxaro CEO Mxolisi Mgojo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Exxaro targeting manganese, bauxite, copper as part of decarbonisation strategy 

By: Martin Creamer     20th September 2021 By investing in operating manganese, bauxite and copper assets, the new Exxaro Minerals business could represent 50% of expected coal earnings within ten years, Exxaro CEO-designate and MD Minerals Dr Nombasa Tsengwa stated on the Johannesburg Stock Exchange-listed coal company’s website on... 

Creamer Media screenshot taken during 2021 presentation of Exxaro results
Photo by Creamer Media
Exxaro CEO-designate and MD Minerals Dr Nombasa Tsengwa

Bauxite trains operated by Russian miner Rusal collide in Guinea, killing one

By: Reuters     20th September 2021 Two trains operated by Russian aluminium giant Rusal collided in Guinea's capital Conakry on Monday, killing at least one person and injuring several others, witnesses said and footage on social media showed. The world's third-largest aluminium producer operates three bauxite mines and an... 

Rio adds solar to Weipa grid

By: Esmarie Iannucci     20th September 2021 Major Rio Tinto has unveiled plans to more than triple the solar capacity at its Weipa bauxite operations, in Queensland, and to add battery storage to help power operations. Energy distributor EDL has been contracted to build, own and operate a 4 MW solar plant and 4 MW/4 MWh of battery storage... 

Guinea’s junta pledges continuity on mining policies after coup

By: Bloomberg     17th September 2021 Guinea’s military rulers provided “strong reassurance” to mining companies at a meeting Thursday after last week’s coup, said an official at the nation’s biggest bauxite producer. The new leadership “reinforced the message from their first speech reassuring the mining sector about its importance... 

Ghana signs $1.2bn deal to develop its bauxite resources

By: Bloomberg     17th September 2021 Ghana has picked Rocksure International as a strategic partner to build a mine and refinery in a bid to develop an industry out of its untapped bauxite reserves. The Accra-based company will own a 70% stake in the project and the state-owned Ghana Integrated Aluminium Development Corp. will have... 

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Guinea bauxite prices rise on political turmoil

By: Reuters     6th September 2021 Prices for aluminium ore bauxite from Guinea hit their highest in almost 18 months in top metals consumer China on Monday, as buyers fretted about supply after a coup in the West African country. Guinea is the world's second-biggest producer of the raw material, which is refined into alumina, a... 

A ship carrying bauxite from Guinea is unloaded at a port.
A ship carrying bauxite from Guinea is unloaded at a port.

AngloGold Ashanti's Siguiri mine in Guinea operating normally

By: Reuters     6th September 2021 AngloGold Ashanti said its Siguiri gold mine in Guinea was operating normally after the apparent ouster of Guinea's long-serving President Alpha Conde on Sunday. "We're monitoring the situation and are in close contact with the leadership of our mine in Guinea, which is operating normally," the... 

Military unit seizes power in Guinea, dissolves constitution

By: Bloomberg     6th September 2021 A group of soldiers seized power in Guinea and dissolved the nation’s constitution, according to a statement broadcast on state television. The announcement came hours after heavy gunfire erupted near the presidential palace in the capital, Conakry, earlier on Sunday morning. Agence France-Presse... 

Supplier keeps up with tech revolution

By: Halima Frost     3rd September 2021 Based on its BlueTechnology philosophy, metallurgical industry supplier SMS group has significantly broadened its expertise in processing, supplies and services for nonferrous metals production over the past year to meet the highest requirements of customers. “BlueTechnology in nonferrous metals... 

Three BlueSmelters supplied by SMS group in operation at Aurus automobile company in Russia for recycling of waste electrical and electronic equipment
BLUE GROUP SMS group has implemented its range of BlueTechnology offerings at a greenfield plant in Russia for the recycling of waste electrical and electronic equipment

Real-time ore analysis set for African market

By: Halima Frost     27th August 2021 Digital mining solutions provider MineSense is establishing offices in Africa and Europe to introduce its real-time ore analysis technologies to the African Copperbelt by the fourth quarter. “Once we have successfully introduced the technology to the upper Africa region, we intend on filtering... 

An image of a large red tracked front loader at the mine face with bucket full of ore ready to be graded by a ShovelSense system
Caption: GRADE EXPECTATIONS The new ShovelSense ore grading technology is expected to reach African shores before the end of the year

Testing facility expansion under way

27th August 2021 Swiss multinational metals and minerals trade commodities group SGS has seen a rising demand for testing services to meet client requirements and, to facilitate the needs of its clients, it announced the construction of its new, state-of-the-art laboratory in April this year. 

Staff at SGS Group standing in front of a site being constructed at its better testing facility in Spijkenisse near the Port of Rotterdam
BREAKING GROUND The new groundbreaking state-of -the-art facility being built by SGS Group will allow for better testing

Canyon signs strategic partnership deal for Cameroon project

By: Esmarie Iannucci     26th August 2021 ASX-listed Canyon Resources has inked a strategic partnership agreement and memorandum of understanding (MoU) with he mining engineering division of global mining giant Metallurgical Corporation of China (MCC) for the development of the Minim Martap bauxite project, in Cameroon. MCC, through... 

Australia, Guinea to drive bauxite production growth trend

By: Marleny Arnoldi     23rd August 2021 Analytics company GlobalData says bauxite is poised to continue on a growth trajectory globally, with production expected to increase by 3.8% year-on-year this year to reach 372-million tonnes. This follows a 1.2% rise in bauxite output recorded in 2020 to 359-million tonnes.  

IDC in discussion on the introduction of an exploration fund – Demana   

By: Martin Creamer     23rd August 2021 The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly.... 

Reginald Demana picture from files
IDC Mining, Metals, Infrastructure & Energy Head Reginald Demana interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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.

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.

Asia’s diverse, vast resources offer opportunity

By: Nadine Ramdass     23rd July 2021 The Asian mining and natural resources industries are multifaceted and unique to each sub region, and country. The continent’s vast natural resources have not yet been fully optimised. “Asia is the largest continent with extremely diverse geographical sub regions, and countries within those... 

WARREN BEECH
Asia is diverse, with vast natural resources
WARREN BEECH Asia is diverse, with vast natural resources

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.

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

Well-known mining personalities behind new green metals SPAC

By: Mariaan Webb     15th July 2021 Former executives of Canadian miner Detour Gold have teamed up with some of the biggest names in Australian mining and a Glencore director to launch a special purpose acquisition company (SPAC) targeting assets fitting the green-economy metals and mining profile. Increasingly popular, SPACs are... 

Photo of a man, Mick McMullen, speaking at a function.
Mick McMullen, former executive at Detour Gold and Stillwater, is the CEO of Metals Acquisition.
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