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Bauxite News

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... 

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.

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

EU, Ukraine sign preliminary deal on key raw materials, batteries

By: Reuters     13th July 2021 The European Union and Ukraine signed on Tuesday a memorandum of understanding (MoU) covering critical raw materials and batteries as the 27-country bloc tries to diversify supplies following disruptions caused by the Covid-19 pandemic. The move is part of the European Commission's Action Plan... 

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Glencore paid governments $5.8bn, working hard to develop local skills

By: Martin Creamer     30th June 2021 As one of the world’s largest natural resource companies, with operations across five continents, Glencore is committed to delivering long-lasting socioeconomic benefits, CFO Steven Kalmin on Wednesday. Speaking on video with the release of Glencore's 2020 Payment to Governments Report, Kalmin... 

Glencore CFO Steven Kalmin
Photo by Creamer Media
Glencore CFO Steven Kalmin

Metro sets sights on A$25.5m raise

By: Esmarie Iannucci     28th June 2021 Bauxite miner Metro Mining will raise A$25.5-million to fund working capital while it awaits a funding decision from the North Australian Infrastructure Fund and a final investment decision on the Stage 2 expansion of its Bauxite Hills operation. Metro Mining on Monday announced that it would... 

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director Sarah Bell... 

ICMM health, safety and product stewardship director Sarah Bell
International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

NUM to march next month over rising unemployment in Mpumalanga

By: Simone Liedtke     15th June 2021 The National Union of Mineworkers (NUM) Highveld Region is preparing to march against continued retrenchments, outsourcing, use of labour brokers and the increasing unemployment rate in the Mpumalanga province. The march, to be held on July 15, will be targeted at State-owned utility Eskom, as... 

White House highlights manganese as potential preferred battery element contender  

By: Martin Creamer     14th June 2021 The White House document on revitalising American manufacturing and fostering broad-based economic growth pays particular attention to South Africa as the world’s largest supplier of manganese, and to manganese as a potential preferred battery element contender, Mining Weekly can today report.... 

The White House on building supply chains.
Photo by Creamer Media
The White House on building supply chains.

Allow geologists from surrounding African countries to boost SA's exploration rebirth, top explorer advises  

By: Martin Creamer     11th June 2021 Exploration geologists from surrounding countries should be allowed into South Africa to boost exploration. That is the view of Exploration Geology Consultants exploration manager Thinus Jordaan, who believes that South Africa’s planned exploration thrust should focus on commodities required in... 

Exploration Geology Consultants exploration manager Thinus Jordaan
Exploration manager Thinus Jordaan interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Metro inks 7Mt offtake agreement with Xinfa

By: Donna Slater     10th June 2021 Australia-based bauxite miner Metro Mining has signed two new offtake agreements with China-based aluminium producer Xinfa Group, which committed to purchase 7-million tons from April next year. The first contract, between April and September, will comprise one-million tons, the second contract... 

Mining firms with higher ESG ratings outperform market – PwC  

By: Martin Creamer     8th June 2021 Mining companies with higher environmental, social and governance (ESG) ratings outperformed the broader market during the peak of the Covid-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index,  PwC... 

PwC Africa mining leader Andries Rossouw
PwC Mine 2021 Report covered by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd

Resource statement released to tempt new investment

By: Esmarie Iannucci     3rd June 2021 The federal government on Thursday released its first Global Resources Statement as part of its efforts to attract foreign investment and partnerships to develop Australia’s natural resources. The Global Resources Statement is the first milestone under the government’s Global Resources Strategy,... 

Resource statement released to tempt new investment

Hot prices pervading commodities market, CRU tells Junior Indaba  

By: Martin Creamer     2nd June 2021 Price hotness is pervading the commodities market, CRU senior analyst Clare Hanna said on Tuesday, when she addressed the second and final day of the Junior Indaba. Speaking on ‘what’s hot and what’s not’, Hanna said almost all commodities were at the higher-than-15% level. (Also watch attached... 

Commodity prices soaring above cost levels shown in this CRU chart.
CRU senior analyst Clare Hanna at Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Council for Geoscience goes live with digital geoscience data

By: Martin Creamer     1st June 2021 South Africa’s Council for Geoscience went live on Tuesday with making geoscience data digitally available. During a panel discussion on the first day of the Junior Indaba, Council for Geoscience CEO Mosa Mabuza invited all to go on to the council’s website to find this data, the bulk of which,... 

From top clockwise, ENSafrica COO Otsile Matlou, Geoscience CEO Mosa Mabuza, Orion Minerals CEO Errol Smart, DMRE DG Advocate Thabo Mokoena and AmaranthCX director Paul Miller.
Photo by Creamer Media
From top clockwise, ENSafrica COO Otsile Matlou, Geoscience CEO Mosa Mabuza, Orion Minerals CEO Errol Smart, DMRE DG Advocate Thabo Mokoena and AmaranthCX director Paul Miller.

Tender for new modern cadastre system to be invited next week   

By: Martin Creamer     1st June 2021 A tender for a new modern cadastre system to provide exploration information will be invited by the end of next week, Department of Mineral Resources and Energy (DMRE) director-general Advocate Thabo Mokoena said on Tuesday. In his opening keynote address on initiatives to ignite the exploration... 

Department of Mineral Resources and Energy Director-General Advocate Thabo Mokoena
Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Canyon moves closer to securing Minim Martap future

By: Esmarie Iannucci     31st May 2021 Bauxite developer Canyon Resources has inked a specifications agreement with the government of Cameroon in relation to its Minim Martap project. Canyon on Monday told shareholders that the agreement was initially proposed by the Ministry of Mines, and following negotiations over a number of key... 

Concern over lack of JSE listings ahead of Junior Indaba  

By: Martin Creamer     27th May 2021 In anticipation of next week's Junior Indaba virtual conference, AmaranthCX director Paul Miller has updated statistics on the change in the number of listed mining companies on the JSE over time. (Also watch attached Creamer Media video.) It is not a pretty picture. (See attached chart.) 

AmaranthCX director Paul Miller
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

Progress on raising the embedded generation cap to 50MW
Minerals Council South Africa AGM covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolitha Fakude first woman mining industry president in 131 years 

By: Martin Creamer     26th May 2021 The board members of Minerals Council South Africa on Wednesday elected the first female president in 131 years. New president Nolitha Fakude, a former Minerals Council VP who is the chairperson of Anglo American South Africa, said she would be focusing on ensuring that mining contributes... 

Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.
Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential  

By: Martin Creamer     25th May 2021 The renowned exploration geologist linked to the colossal and still-thriving diamond discovery against all odds at the Venetia diamond mine in Limpopo, believes there is no reason why new battery and other specialist minerals cannot be discovered in South Africa, using the techniques that he... 

Bill McKechnie
Exploration geologist Bill McKechnie interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Shareholders support ABx raise

By: Esmarie Iannucci     24th May 2021 Bauxite developer Australian Bauxite (ABx) has raised A$3.25-million through the placement of 32.5-million shares to sophisticated investors. The placement was priced at 10c a share, and included one attaching option for every share issue, with an exercise price of 20c each before the end of... 

Hire jobless geologists to capture much-needed exploration data – LEI   

By: Martin Creamer     19th May 2021 A strong call for unemployed geology graduates to be contracted to capture historic exploration data electronically has been made by Letaba Elihle Investments (LEI) principal geology consultant Siphelele (Siphe) Ntshangase. In a Zoom interview with Mining Weekly Ntshangase also called on South... 

LEI Principal Geology Consultant Siphelele (Siphe) Ntshangase
LEI Principal Geology Consultant Siphelele Ntshangase interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Rusal to demerge its higher carbon assets and change name

By: Reuters     19th May 2021 Russian aluminium producer Rusal said on Wednesday that it would demerge its higher carbon assets into a separate company as part of its goal to achieve carbon neutrality by 2050 and will change its own name to AL+ as part of the process. Hong-Kong listed Rusal is the world's largest aluminium... 

Rusal to demerge its higher carbon assets and change name

New technologies transforming mining, metals industry – ICMM 

By: Martin Creamer     14th May 2021 New technologies are transforming the mining and metals industry, making it cleaner and safer, says the International Council on Mining and Metals (ICMM), which is progressing an 'innovation for cleaner, safer vehicles' initiative. The initiative brings together 28 of the world’s leading mining... 

An innovation for cleaner, safer vehicles initiative has been introduced.
An innovation for cleaner, safer vehicles initiative has been introduced.

Mining policy should be hugely supportive of exploration’s multiplier magic – investor  

By: Martin Creamer     28th April 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive investment-friendly... 

Integral Asset Management chief investment officer Bruce Williamson.
Integral Asset Management CIO Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

World-first mineral export under financial transparency

16th April 2021 Global blockchain platform Minexx has exported minerals with full financial transparency from the Democratic Republic of Congo (DRC), by processing $250 000 of blockchain certified payments. This is a milestone for the company and the sector, as it secures the supply chain from the moment a... 

CHAIN OF EVENTS
The effective implementation of transparent blockchain payments have secured the supplychain from the moment a mineral is mined to the point of being used in technology in the DRC
CHAIN OF EVENTS The effective implementation of transparent blockchain payments have secured the supplychain from the moment a mineral is mined to the point of being used in technology in the DRC

DRC exploration ongoing

16th April 2021 Global mining house Ivanhoe Mines co-chairpersons Robert Friedland and Yufeng “Miles” Sun announced in February that the company plans to commence an expansive 2021 exploration programme on its 100%-owned Western Foreland exploration licences. The exploration programme will include about 2 550... 

EXPLORE MORE
Ivanhoe Mines has begun its expansive 2021 exploration programme in the Democratic Republic of Congo
EXPLORE MORE Ivanhoe Mines has begun its expansive 2021 exploration programme in the Democratic Republic of Congo

Gamsberg ramp-up exceeds expectations

By: Halima Frost     16th April 2021 Diversified miner Vedanta Zinc International (VZI) says its Gamsberg mine and processing plant have successfully ramped up to full production, with the plant currently exceeding its projected design capacity of four-million tonnes a year.   The ramp-up was scheduled after a shutdown period from... 

ROUND TWO
The successful ramp up of the Gamsberg mine and its processing plant has been reported
ROUND TWO The successful ramp up of the Gamsberg mine and its processing plant has been reported

New collectors released

By: Halima Frost     16th April 2021 South African chemical company Axis House has developed and released a new polymetallic range of collectors  – PolyQ – to be used in the floatation process to recover base metals from polymetallic ores. “The PolyQ range of collectors are not only safer than standard reagents (xanthates) but also... 

REMARKABLE RECOVERY
The new polymetallic range of collectors offer greater recover y rates of base metals
REMARKABLE RECOVERY The new polymetallic range of collectors offer greater recover y rates of base metals

Exploration industry has tight deadline to comment on controversial draft regulations  

By: Martin Creamer     9th April 2021 South Africa’s exploration industry has until April 19 to comment on controversial regulations still in draft form. “They’ve never consulted industry about it and what they are requesting is impractical,” says Allan Saad, a consulting exploration geologist, who formerly represented the now... 

Allan Saad, Consulting Exploration Geologist
Consulting exploration geologist Allan Saad interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Value of iridium in electrolysis could top R90bn mark in years ahead – HySA 

By: Martin Creamer     7th April 2021 The value of iridium for proton exchange membrane (PEM) water electrolysis technology alone could exceed R90-billion in the next ten to 20 years. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence: Hydrogen... 

Value chain as outlined by Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence.
Value chain as outlined by Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence.

Canadian underground mining likely to take hydrogen ventilation lead – HySA 

By: Martin Creamer     6th April 2021 Canadian and Australian mines are big on wanting hydrogen ventilation in underground mining operations, and Canada will likely lead in the use of hydrogen underground. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of... 

Hydrogen South Africa hydrogen ventilation research site in North West.
Hydrogen South Africa hydrogen ventilation research site in North West.

Ghana promotes local content after discovery

By: Mc'Kyla Nortje     2nd April 2021 Ghana’s Parliament passed into law the Minerals and Mining Local Content and Local Participation Regulations in December 2020, which is timely following the drive to industrialise the country’s economy and, in particular, explore its bauxite reserves. The regulations set out the levels of local... 

EKUA NEWMAN 
The discovery of abundant reserves of bauxite has attracted interest and the discussion highlights provisions of the regulations that will ensure that the exploration is beneficial to the people of Ghana
EKUA NEWMAN The discovery of abundant reserves of bauxite has attracted interest and the discussion highlights provisions of the regulations that will ensure that the exploration is beneficial to the people of Ghana

How South Africa can unlock its exploration potential ­– Adrian Reynolds   

By: Martin Creamer     1st April 2021 Of four factors required to attract investment in exploration, economic and fiscal stability is the most important, says highly experienced geological and mining consultant and nonexecutive company director Adrian Reynolds. Reynolds spoke to Mining Weekly in a Zoom interview about the factors... 

Adrian Reynolds
Geological and mining consultant Adrian Reynolds interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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