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Bauxite News

Mining becoming significant corporate buyer of renewable energy ­– ICMM 

By: Martin Creamer     21st May 2020 The mining industry has started to become a significant corporate buyer of renewable energy in regions where these technologies have become reliable and cost-competitive compared with fossil fuel-based electricity, says the International Council on Mining and Metals (ICMM). These regions include... 

Gazetted Covid guideline restates much of what mining has already adopted 

By: Martin Creamer     20th May 2020 The newly gazetted guideline to prevent, mitigate and manage the Covid-19 pandemic on mines is largely a restatement of what has already been adopted by the mining industry. Most of the requirements of the code of practice (COP) mandated in the gazette already form part of the standard operating... 

ENSafrica executive consultant Willem le Roux
ENSafrica executive consultant Willem le Roux

Covid prevention a must at mines – gazette 

By: Martin Creamer     20th May 2020 Covid-19 prevention, mitigation and management programmes must be established at mines using the guideline gazetted by Chief Inspector of Mines David Msiza on Tuesday. The gazette notice states that this guideline provides minimum requirements for the compilation of a code of practice to prevent... 

Chief Inspector of Mines David Msiza
Photo by Creamer Media
Chief Inspector of Mines David Msiza

Mandatory code of Covid mining practice gazetted 

By: Martin Creamer     19th May 2020 South Africa's guidelines for a mandatory Code of Practice (COP) to mitigate and manage the Covid-19 pandemic in the mining industry have been gazetted. Failure by employers to prepare and implement a mine's COP in line with the guidelines would constitute a criminal offence and a breach of the... 

Mineral Resources and Energy Minister Gwede Mantashe
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Equatorial Guinea mines ministry signs first five mining contracts

By: Donna Slater     18th May 2020 Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has signed the first mining contracts in the country’s history, following the conclusion of the country’s inaugural mining bidding round last year. The ministry signed five mining contracts with three different companies, including one... 

EY Canadian Eye drops sharply on Covid-19

By: Creamer Media Reporter      15th May 2020 The EY Canadian Mining Eye index has declined by 29% in the first quarter of 2020, amid the coronavirus pandemic. The substantial decrease compares with a gain of 11% in the final quarter of 2019. “The mining and metals sector continues to grapple with the impact of government Covid-19 mandates... 

World’s top mining companies committed to climate change solutions – ICMM 

By: Martin Creamer     13th May 2020 Twenty seven of the world's leading mining and metals companies and 36 associations are committed to climate change solutions through their membership of the International Council on Mining and Metals (ICMM), Mining Weekly can today report. The ICMM is an international organisation dedicated to a... 

International Council on Mining and Metals  CEO Tom Butler
International Council on Mining and Metals CEO Tom Butler

Judgment reserved at Mining Charter review hearing 

By: Martin Creamer     7th May 2020 A full bench has heard the application for a judicial review of certain aspects of the Mining Charter gazetted in September 2018. Judge President Mlambo, judges Vally and  Van Der Schyff reserved judgment on the application lodged by the Minerals Council South Africa on March 27, 2019, when the... 

Minerals Council South Africa building in central Johannesburg.
Photo by Creamer Media
Minerals Council South Africa building in central Johannesburg.

Morale high as Covid-masked South African miners get back to work 

By: Martin Creamer     28th April 2020 Morale is reportedly high as Covid-masked and physically distanced South African mineworkers get back to mining underground for companies that have gone the extra mile to ensure that they have been fully remunerated and host communities generously funded during the national lockdown. In a... 

Mineworkers with personal protective equipment.
Mineworkers with personal protective equipment.

Opencast mines may return to 100% of capacity from May 1 – Patel

By: Martin Creamer     27th April 2020 Opencast mines are permitted to return in phases to 100% operation from May 1 but underground mines must continue at 50% of production capacity, Trade and Industry Minister Ebrahim Patel said on Saturday. Speaking during a media briefing covered by Mining Weekly on South Africa’s easing from the... 

Openast mines like this one may return to 100% production capacity.
Openast mines like this one may return to 100% production capacity.

Learning curve still too steep to define ‘best practice’ mining response

By: Martin Creamer     27th April 2020 The rapidly evolving Covid-19 crisis learning curve is still too steep to conclusively define what a ‘best practice’ response looks like from the mining industry, says the International Council on Mining and Metals (ICMM), which is facilitating a rapid exchange of information and knowledge to... 

ICMM CEO Tom Butler
ICMM CEO Tom Butler

Firm directive to ensure safe mining resumption

By: Martin Creamer     23rd April 2020 The Department of Mineral Resources and Energy (DMRE) on Thursday issued a firm directive to all mining operations to ensure safe start-up procedures as the sector prepares to ramp up to 50% of capacity. Mining Weekly can report that the directive is issued to ensure compliance with Section 5(1)... 

Mineral Resources and Energy Minister Gwede Mantashe.
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe.

Impala CE granted bail after appearance on Covid-19 charge 

By: Martin Creamer     17th April 2020 The arrest of the chief executive of Implats' Implala Platinum Rustenburg mining operations was on Friday welcomed by the Mineral Resources and Energy Parliamentary chairperson Sahlulele Luzipo, who on Thursday called on law enforcement agencies to act decisively against mining executives who... 

Impala Platinum Rustenburg CE Mark Munroe
Photo by Creamer Media
Impala Platinum Rustenburg CE Mark Munroe

Minerals Council welcomes revised Covid-19 regulations

By: Martin Creamer     16th April 2020 The Minerals Council South Africa on Thursday welcomed the amendments to the Disaster Management Act regulations as they pertain to mining. These regulations allow a phase-up in mining capacity to 50% during the lockdown period, but with all the preventative and mitigating controls in place to... 

Minerals Council CEO Roger Baxter
Minerals Council CEO Roger Baxter

Mining may resume at 50% capacity – Minister 

By: Martin Creamer     16th April 2020 All mining operations, excluding collieries supplying Eskom which have been permitted to operate at full capacity throughout national lockdown, may now resume at 50% capacity during the remaining lockdown days, Mineral Resources and Energy Minister Gwede Mantashe said on Thursday. Thereafter,... 

Mineral Resources Minister Gwede Matashe during virtual media conference.
Photo by Veronica Creamer
Mineral Resources Minister Gwede Matashe during virtual media conference.

Too early to comment on when mining will resume – Minerals Council

By: Martin Creamer     9th April 2020 Comment on when mining industry operations will resume is premature but what is certain is that when resumption does occur, it will not be business as usual, Minerals Council South Africa said on Thursday. Noting reports on the resumption of mining operations after 16 April, Minerals Council... 

Qld backs NAIF loan for Metro

By: Esmarie Iannucci     8th April 2020 The Queensland treasury has told bauxite miner Metro Mining that it would not exercise its veto rights for a A$47.5-million loan facility from the Northern Australia Infrastructure Fund (NAIF), paving the way for the facility to reach financial close. The NAIF last year offered ASX-listed Metro... 

Standard Bank meeting all capital and liquidity requirements 

By: Martin Creamer     1st April 2020 Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call. Daehnke disclosed that the bank was benefitting from building up increased capital levels over the last few years in line... 

Sim Tshabalala
Sim Tshabalala

Bald Hill production ramps up

By: Esmarie Iannucci     1st April 2020 Bauxite miner Australian Bauxite is ramping up production to assist fertilizer production in Tasmania. The ASX-listed company on Wednesday said that it has started the delivery of 800 t of its special fertilizer bauxite as part of an ongoing contract to regularly supply bauxite to a fertilizer... 

Mining could be enormous post-virus stabiliser – Minerals Council

By: Martin Creamer     29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post coronavirus, South Africa would... 

China warns metals firms not to race back from virus

By: Reuters     6th March 2020 China's Industry Ministry said on Friday metals firms should not seek to ramp up production at all costs and should "avoid vicious competition" with one another as they return to work in the wake of the coronavirus outbreak. Industrial production in China, the world's biggest metals consumer,... 

First bauxite cargo from Chalco's Guinea mine arrives in China

By: Reuters     27th February 2020 The first cargo of bauxite shipped from Aluminum Corp of China's Boffa mine, in Guinea, has arrived in China, a spokesperson for the company, which is also known as Chalco, said on Thursday. The 55 000 t cargo arrived at the port of Rizhao in eastern China's Shandong province on Wednesday after... 

TerraCom makes a play for African bauxite

By: Esmarie Iannucci     24th February 2020 ASX-listed TerraCom is continuing its acquisition spree in Africa, with the company signing a binding term sheet for the acquisition of bauxite developer Anglo African Minerals (AAM). AAM’s bauxite resources are located in the Republic of Guinea, consisting of three development projects,... 

Budget deficit reflects mining decline in DRC

By: Halima Frost     7th February 2020 Macroeconomic researcher Fitch Solutions expects that the Congolese budget deficit will widen from an estimated 0.7% of gross domestic product in 2019 to 1.1% in 2020, owing to declining revenues from the mining sector. The Congolese mining sector has a major bearing on government revenues,... 

DARK DAYS
The mining industry in the Democratic Republic of Congo has experienced some dark times over the last few years
DARK DAYS The mining industry in the Democratic Republic of Congo has experienced some dark times over the last few years

Metro continues apace in December quarter

By: Esmarie Iannucci     23rd January 2020 Bauxite miner Metro Mining has reported a solid quarter in the three months to December, with production in line with expectations. The ASX-listed company on Thursday noted that bauxite production for the quarter reached 1.2-million tonnes, down from the 1.4-million tonnes in the previous... 

World risks 'disaster' as reuse of natural resources declines

By: Reuters     21st January 2020 The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes for the first time. Just 8.6% of the 100-billion tonnes of materials – including minerals, metals,... 

Billionaire’s letters to Congo’s Kabila were sought by UK fraud watchdog

By: Bloomberg     9th January 2020 UK fraud prosecutors sought an Israeli billionaire’s correspondence with the former President of Democratic Republic of Congo Joseph Kabila as part of one of their largest bribery investigations, a lawyer for the Serious Fraud Office said at a London trial. SFO attorney Jonathan Hall described... 

Australian exports forecast for record year in 2019/20

By: Esmarie Iannucci     19th December 2019 Australia’s resource and energy export earnings are forecast to set a record A$281-billion in 2019-20, up from A$279-billion in 2018-19, new data from the Office of the Chief Economist has revealed. Minister for Resources and Northern Australia Matt Canavan noted that the record earnings are... 

Australian exports forecast for record year in 2019/20

Nalco to start greenfield bauxite production in 2023

By: Ajoy K Das     11th December 2019 State-run National Aluminium Company Limited (Nalco) will bring Pottangi greenfield bauxite mining project into production by 2023 to support raw material supplies for its alumina refinery plant in the eastern Indian state of Odisha. The three-million-ton-a-year Pottangi mines would be linked for... 

Base metals fundamentally in good shape despite lower demand – Glencore

By: Martin Creamer     3rd December 2019 Despite weaker 2019 demand, base metals are fundamentally in good shape, Glencore CEO Ivan Glasenberg said on Tuesday. Presenting an investor update with Glencore CFO Steve Kalmin and Glencore industrial assets head Peter Freyberg, Glasenberg described copper, zinc and nickel markets as being... 

Glencore CEO Ivan Glasenberg
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Alcoa joins the ICMM

By: Creamer Media Reporter      21st November 2019 US-headquartered bauxite, alumina and aluminium products producer Alcoa has become the twenty-seventh company to become a member of the International Council on Mining and Metals (ICMM), which brings together companies and regional and commodities associations to strengthen the mining industry's... 

Solar reducing electricity costs, lowering diesel use   

By: Martin Creamer     20th November 2019 Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce people’s daytime power costs by 60% to 70%,”... 

Charles Mostert (right) interviewed by Martin Creamer.
SunRanch.Solar talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd

Metro wins A$47.5m NAIF loan

By: Esmarie Iannucci     12th November 2019 The Northern Australian Infrastructure Facility (NAIF) has offered a A$47.5-million loan to ASX-listed Metro Mining for the Stage 2 expansion of its Bauxite Hills mine, in Cape York. A previously completed definitive feasibility study (DFS) on the Stage 2 expansion estimated that it would... 

Metro wins A$47.5m NAIF loan

Robust fiscal regimes needed to grow African mining sector

By: Theresa Bhowan-Rajah     8th November 2019 The success of Africa’s mining sector is determined by a combination of the quantity and quality of resources, commodity prices, and the domestic policy and regulatory environment’s ability to attract and retain investment. 

MY PRECIOUS 
For large-scale bauxite resources, an infrastructure deficit has crippled the development of high-quality mining assets
Photo by Bloomberg
MY PRECIOUS For large-scale bauxite resources, an infrastructure deficit has crippled the development of high-quality mining assets

Metals sector in costly battle to turn green

By: Reuters     25th October 2019 Metals producers, from miners to smelters, are grappling with increasingly tough and costly environmental demands imposed by banks seeking cleaner investments. While the transition may prove overwhelming for smaller producers, larger companies are playing a long game, casting ahead to a period... 

SA moves to give new impetus to exploration, following years of stagnation 

By: Tracy Hancock     18th October 2019 The absence of new mining projects, owing to limited exploration, continues to weigh on the future sustainability of South Africa’s once thriving mining sector, which once captured a larger share of major mining budgets. “There is simply not enough investment in new mineral exploration to take... 

SA moves to give new impetus to exploration,  following years of stagnation
Mandela Mining Precinct co-director Alastair Macfarlane discusses an initiative under way to stimulate local exploration. Camera work: Kutlwano Matlala. Editing: Nicholas Boyd.

Metro Stage 2 to cost A$51m

By: Esmarie Iannucci     14th October 2019 A definitive feasibility study on Stage 2 of the Bauxite Hills mine, in Queensland, has estimated that it would require a capital investment of A$51.4-million to increase production from the current 3.5-million tonnes a year to six-million tonnes a year. ASX-listed Metro Mining on Monday said... 

Metallica weighing logistics at Urquhart

By: Esmarie Iannucci     11th October 2019 ASX-listed Metallica Minerals has identified three potential logistic options for its Urquhart bauxite project, in the Cape York Peninsula. The company on Friday told shareholders that an updated prefeasibility study for the Urquhart project would determine the appropriate logistic option, with... 

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