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Bauxite News
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
Metro to restart Bauxite Hills
By: Esmarie Iannucci 31st March 2021 Mining operations at the Bauxite Hills mine, in Cape York, is scheduled to start on April 19, owner Metro Mining said on Wednesday. The company told shareholders that it has set a mining and shipment target of four-million tonnes of bauxite between April and December this year, with an initial... →
Master Drilling advancing mechanisation for two top-tier local clients
By: Martin Creamer 23rd March 2021 Mine mechanisation is being advanced for two top-tier local clients of Master Drilling, the CEO of the JSE-listed company, Danie Pretorius, said on Tuesday. Speaking to Mining Weekly in a Zoom interview after reporting 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to... →
Remote-operation drilling footprint providing sizeable benefit – Master Drilling
By: Martin Creamer 23rd March 2021 An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio to... →
Master Drilling in muted but resilient 2020 performance
By: Martin Creamer 23rd March 2021 Drilling services company Master Drilling, which operates in 23 countries and which is continuing to grow its presence in new global markets, on Tuesday reported a “muted but resilient performance” for the full year ended December 31, thanks to what it described as a “flexible business model and... →
Master Drilling CEO Danie Pretorius.
Mitsubishi strikes deal with Glencore to buy into bauxite project
By: Mariaan Webb 18th March 2021 Japanese group Mitsubishi is making a foray into bauxite mining – a raw material of aluminium – with a deal to buy a stake in an undeveloped bauxite mine in Queensland, Australia. Mitsubishi announced on Thursday that it would buy a 30% interest in the Aurukun bauxite project from global miner... →
Aluminium industry aims to reduce emissions by 80% by 2050
By: Schalk Burger 16th March 2021 Global industry organisation the International Aluminium Institute (IAI) has published three main pathways that the industry can take to reduce its emissions by 80% by 2050 and meet internationally agreed climate goals, supply demand for primary aluminium that will increase by up to 40% and more... →
Australian resources still abundant - AIMR
By: Esmarie Iannucci 15th March 2021 The latest edition of Australia’s 'Identified Mineral Resources' (AIMR) report has reaffirmed Australia position as one of the world’s top producers of key critical minerals. Minister for Resources, Water and Northern Australia Keith Pitt at the end of last week said that Geoscience Australia’s... →
Just clearing exploration backlog would be huge leap forward – Miller
By: Martin Creamer 12th March 2021 Ahead of tackling policy issues, incremental ongoing effort must be prioritised to clear South Africa’s huge mineral exploration and mining rights backlog, says AmaranthCX director Paul Miller. The backlog currently stands at more than 5 000 unprocessed exploration applications and 235... →
Mines anywhere, everywhere can go green – Hydrogen Optimized
By: Martin Creamer 8th March 2021 Owing to the ubiquity of the world’s sun and the wind, all mines have the opportunity to generate their own green electricity no matter where they are located in the world, Hydrogen Optimized CEO Andrew T Stuart emphasised during last week’s Fasken online panel discussion on hydrogen. In this... →
Fasken panel that discussed hydrogen.
Green revolution gets more expensive as copper price surges
By: Bloomberg 4th March 2021 Look just beneath the surface of many of the technologies powering the energy transition and there’s a red metallic glint. Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly. Copper has doubled from... →
Aboriginal Australian group encouraged but wary of South32's engagement
By: Reuters 25th February 2021 An Australian Aboriginal group said it was encouraged by the increased engagement taken by miner South32 over a new mine in Western Australia but remained cautious whether the miner will do more than the legal minimum. CEO Graham Kerr said the miner had increased its interactions with the... →
Test mine study under way for Fourth Industrial Revolution try-outs
By: Martin Creamer 24th February 2021 A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering... →
The fight to save the LME ring begins as traders warn on pricing
By: Reuters 24th February 2021 The London Metal Exchange is facing broadening resistance to a plan to close its iconic open-outcry trading floor, with German traders and manufacturers joining some members to warn that closing “the Ring” would hurt pricing and volumes. The LME suspended trading on the floor in March, and last... →
Altus receives 10m shares in Canyon Resources
By: Tasneem Bulbulia 12th February 2021 Mining royalty company Altus Strategies has received ten-million fully paid ordinary shares in ASX-listed Canyon Resources, with a current market value of £640 000. This is the final tranche of shares to be issued to Altus in accordance with a previously announced joint venture (JV) termination... →
Africa's miners and winemakers toast China's row with Australia
By: Reuters 10th February 2021 For South African winemaker Vergenoegd Löw, the pandemic could have been a disaster but a bitter trade war between China and Australia has thrown the 325-year-old estate a lifeline. Bottles of its reds, whites and roses piled up when South Africa banned alcohol sales under a strict lockdown and... →
Mining has a role to play in supporting the global population, says Cutifani
By: Simone Liedtke 3rd February 2021 The global human population – almost nine-billion people – cannot be supported without mining, diversified miner Anglo American CE Mark Cutifani said during a panel discussion at the virtual Investing in African Mining Indaba on February 2. Speaking during an environmental, social and governance-... →
‘We need exploration to grow our industry’ – Minerals Council
By: Martin Creamer 1st February 2021 “We need exploration to grow our industry,” Minerals Council South Africa president Mxolisi Mgojo said on Monday during a virtual State of the Mining Nation media briefing in which he described exploration as one of the low-hanging fruits that could change South Africa’s economic trajectory in... →
Guinea President retains Magassouba as Mines Minister
By: Reuters 22nd January 2021 Guinea President Alpha Conde has retained Abdoulaye Magassouba as mines minister overseeing the West African nation's bauxite, iron-ore, gold and diamond wealth, according to a decree read on state television on Thursday. Magassouba was first appointed to the position in January 2016. Under his... →
Oleg Deripaska’s Rusal role spurred Europe sanctions warning to US
By: Bloomberg 17th December 2020 European officials have provided information to the US government indicating that Russian billionaire Oleg Deripaska continued to exert control this year over United Co. Rusal International, which the officials say was a breach of a US sanctions agreement reached in 2018. An assessment sent to... →
Steps South Africa needs to take to attract global exploration investment
By: Martin Creamer 10th December 2020 Countries wanting to attract exploration investment need readily available geophysics data to offer to prospective investors. “Geophysics is now key to the exploration industry, particularly for metalliferous-type deposits, which have the largest value,” Exploration Geological Consultancy MD... →
Exploration Geological Consultancy MD Regina Molloy
Coal mine on point of turning acid mine drainage into potable water at no cost
By: Martin Creamer 23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... →
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