https://www.miningweekly.com
R/€ = 18.44 Change: -0.01
R/$ = 15.21 Change: -0.05
Au 1838.50 $/oz Change: -2.02
Pt 1055.28 $/oz Change: 11.55
 

Chrome News

Retiring Glasenberg handing over Glencore reins to Gary Nagle 

By: Martin Creamer     4th December 2020 Glencore CEO Ivan Glasenberg announced on Friday that he would be handing over the reins of the global mining and marketing company in mid-2021 to top Glencore executive Gary Nagle, who has served the company for more than two decades and is well-known in South Africa, where he ran Glencore’s... 

Glencore spells out emission-reduction pathway to 2050 

By: Martin Creamer     4th December 2020 Diversified mining and marketing company Glencore on Friday announced its ambition to be a net-zero emissions company by 2050. Glencore set out the pathway towards reducing its total emissions footprint by 40% by 2035, taking in Scope 1, 2 and 3. 

Glencore spells out emission-reduction pathway to 2050
Photo by Bloomberg
Ivan Glasenberg, who is handing Glencore reins to Gary Nagle.

Trump taps loan programme he tried to kill to help mineral mining

By: Bloomberg     1st December 2020 The Trump administration is tapping an Energy Department clean-energy loan program it tried to kill to help uranium producers, as well as miners of other minerals deemed critical by the administration. The Energy Department announced Tuesday that it will issue guidance giving preference to... 

Trump taps loan programme he tried to kill to help mineral mining
US President Donald Trump

New chrome mine owner plans to grow in ‘very sustainable manner’ 

By: Martin Creamer     27th November 2020 The new owner of a chrome mine in North West province that was placed on care and maintenance following the Covid-19 lockdown, plans to grow production in a phased, sustainable manner that will ultimately lead to the creation of more than 1 000 jobs, Mining Weekly can today report. The... 

New chrome mine owner plans to grow in ‘very sustainable manner’
Photo by Creamer Media
Highly experienced Clover Alloys CEO Philip Kotze

Resources Watch  

26th November 2020 Iridium breakthrough a boost for green hydrogen economy, PGMs mining; Chrome producers want ferrochrome solutions that exclude export tax; and, company designs, constructs ventilation and cooling systems for mines 

Resources Watch
Resources Watch

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... 

Coal mine on point of turning acid mine drainage into potable water at no cost
Trailblazer Technologies director John Bewsey interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Chrome producers want ferrochrome solutions that exclude export tax    

By: Martin Creamer     19th November 2020 South Africa’s non-integrated chrome ore exporters want to discuss ways of solving the existential threat to South Africa’s struggling ferrochrome industry to avoid the need for a tax being imposed on the export of locally mined chrome ore. But steadfastly in favour of a chrome ore export tax are... 

Chrome producers want ferrochrome solutions that exclude export tax
ChromeSA spokespersons interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

British Columbia court rules in favour of Eastplats

By: Marleny Arnoldi     17th November 2020 TSX- and JSE-listed Eastern Platinum (Eastplats) has welcomed the British Columbia Court of Appeal’s decision to uphold the dismissal of an appeal of a petition filed by a shareholder seeking leave to start derivative action against certain of the company’s current and former directors. This... 

Chrome export tax a positive step, special electricity dispensation now needed – Phiri 

By: Martin Creamer     16th November 2020 The imposition of a tax on the export of chrome ore is a positive step, but to enable South Africa’s once-dominant ferrochrome industry to compete successfully once again, electricity prices should be made affordable by way of special dispensation, says mining stalwart Steve Phiri, who was... 

Chrome export tax a positive step, special electricity dispensation now needed – Phiri
Photo by Creamer Media
Steve Phiri

Foreign exchange loss, Covid-19 impact lead to widened loss for Eastplats

By: Marleny Arnoldi     13th November 2020 TSX- and JSE-listed Eastern Platinum (Eastplats) has reported a widened loss to shareholders of $11-million for the nine months ended September 30, compared with a loss of $3-million, or $0.03 apiece, posted for the nine months ended September 30, 2019. This $0.12 apiece loss was as a result of... 

Ferrochrome, green hydrogen, potash make headlines  

13th November 2020 Mining Weekly Editor Martin Creamer unpacks the ferrochrome industry committing to solar generation; the green hydrogen economy and its benefits for Africa; and Kore Potash expecting to complete the first phase of its starter project in May.   

Ferrochrome, green hydrogen, potash make headlines
Ferrochrome, green hydrogen, potash make headlines

Pandemic pushes more mines into care and maintenance

By: Khutso Maphatsoe     13th November 2020 A downturn in the global demand for certain minerals, uncertain and cyclical commodity prices and the increasing costs of production have resulted in several mines and beneficiation operations being placed on care and maintenance. These factors have been prevalent since late 2017, and... 

Pandemic pushes more mines into care and maintenance
Photo by Creamer Media
TRYING TIMES Many mines that have been placed on care and maintenance will remain in that state for the foreseeable future

Glencore tests market for self-generation solutions at chrome, vanadium operations  

By: Terence Creamer     12th November 2020 Mining group Glencore has issued a pre-qualifying tender for companies interested in supplying ‘alternative green’ electricity and storage solutions to its chrome and vanadium operations in South Africa. In the tender notice, Glencore Alloys states that the generation facilities should have a... 

Glencore tests market for self-generation solutions at chrome, vanadium operations

Jubilee achieves record full-year PGM production

By: Donna Slater     10th November 2020 Aim- and AltX-listed metals processing company Jubilee Metals Group’s total revenue for the financial year ended June 30 increased by 132%, to R1.1-billion. The company, which has chrome and platinum group metals (PGM) operations in South Africa and a lead, zinc and vanadium project in Zambia,... 

Transnet completes upgrades on tippler at Richards Bay port

By: Marleny Arnoldi     9th November 2020 Transnet Port Terminals reports that maintenance work and upgrades on Tippler 2 at the Richards Bay bulk terminal have been completed. The second tippler's capacity has thus increased from 74 t wagons to 90 t wagons, with an ability to handle 18 wagons an hour.  

Ferrochrome commits to 750 MW self-generation, junior mining support

By: Martin Creamer     9th November 2020 South Africa’s struggling ferrochrome industry has committed itself to far-reaching efficiencies and competitiveness initiatives, including the self-generation of 750 MW of wind, solar and cogenerated power, support of junior mining development and the encouragement of local coking coal... 

Ferrochrome commits to 750 MW self-generation, junior mining support
Photo by Creamer Media
Struggling South African ferrochrome industry commits to competitiveness programme.

Up to 30% of chrome ore exports to China can be displaced if export tax proceeds, says consultancy  

By: Marleny Arnoldi     5th November 2020 Further to a statement released earlier this week, chrome producer organisation ChromeSA has explained the evidential rationale behind its dismay at Cabinet’s proposed export tax on chrome ore. Cabinet on October 22 released a statement in which it said it approves of measures to support the... 

Up to 30% of chrome ore exports to China can be displaced if export tax proceeds, says consultancy

Resources Watch  

4th November 2020 Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration; Struggling ferrochrome needs chrome export tax as interim measure; And, Profitable circular economy concepts making future potentially bright for coal miners 

Resources Watch
Resources Watch

ChromeSA says proposed export tax will not bode well for local producers 

By: Marleny Arnoldi     3rd November 2020 Industry organisation ChromeSA says the proposed chrome ore export tax would have a devastating impact on primary and upper group two (UG2) chrome producers, given that they sell the bulk of their production for export. Cabinet earlier this month approved measures to support the domestic... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Flow-through must not only incentivise exploration but also market participation – Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller

Ferrochrome, flow-through scheme, Sumitomo make headlines  

30th October 2020 Mining Weekly Editor Martin Creamer unpacks the Ferrochrome industry's need for an interim measure to be competitive, the flow-through share model that has been drawn up for exploration and Sumitomo becoming the latest investor in partnership with AP Ventures.   

Ferrochrome, flow-through scheme, Sumitomo make headlines
Ferrochrome, flow-through scheme, Sumitomo make headlines

DTIC emphasises commitment to improve chrome beneficiation

By: Donna Slater     29th October 2020 Department of Trade, Industry and Competition (DTIC) director-general Lionel October emphasised, during a recent meeting of the Portfolio Committee on Trade and Industry, the department’s support for the implementation of a set of interventions to promote chrome beneficiation.   It emerged during... 

Struggling ferrochrome needs chrome export tax as interim measure – Richards Bay Alloys  

By: Martin Creamer     28th October 2020 The struggling electricity-intensive South African ferrochrome industry, which has taken significant strides to increase its efficiency and reduce its electricity consumption, needs urgent steps to be taken to enable it to restore its competitiveness. The most far-reaching of these is the... 

Struggling ferrochrome needs chrome export tax as interim measure – Richards Bay Alloys
Richards Bay Alloys CEO Andries van Heerden interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Toolbox of measures needed to arrest slippage of domestic chrome competitiveness

By: Donna Slater     27th October 2020 The Minerals Council South Africa says a comprehensive “toolbox” of measures is needed to improve the competitiveness of the entire chrome value chain, which has been impacted by a number of challenges. These challenges include nearly 40% of South Africa’s ferrochrome production having either... 

Decision soon on platinum process that can save a Medupi power station worth of power   

By: Martin Creamer     26th October 2020 The definitive feasibility study for the installation of a revolutionary new electricity-slashing processing plant at Pilanesberg Platinum Mine in the North West will be completed next month, in time for an investment decision from the shareholders in KellTechnology South Africa, which are... 

Decision soon on platinum process that can save a Medupi power station worth of power
Kelltech’s Keith Liddell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Merafe records 37% production decline for nine months to September

By: Simone Liedtke     23rd October 2020 JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe chrome venture in the third quarter ended September 30, was 48 000 t. This brought its attributable ferrochrome production for the nine months to September 30 to 168 000 t, a 37% decrease on the 266 000 t... 

Council says lower power prices are among what ferrochrome industry needs  

By: Marleny Arnoldi     23rd October 2020 While the Minerals Council South Africa welcomes government’s steps to support domestic ferrochrome production and the chrome value chain, it has expressed disappointed at government not addressing competitiveness in its Cabinet statement delivered in the week of October 23. The interventions... 

Council says lower power prices are among what ferrochrome industry needs
Lanxess chrome operation, in Rustenburg

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

Covid has highlighted the value of operating remotely – mining editor
ifm Australia’s Freddie Coertze and Aditya Kunder.

South African Cabinet approves export tax on chrome ore 

By: Reuters     22nd October 2020 South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday. "The interventions include the proposed introduction of the export tax on chrome... 

South African Cabinet approves export tax on chrome ore

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Mining committed to doing all it takes to improve worker health – Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Grande Côte operation achieves ‘excellent’ results

9th October 2020 Multinational mining and metallurgy company Eramet 2020 half-year results, released on July 29, noted that its Grande Côte Operation (GCO) built on the “excellent operating performance” of 2019, producing 371 000 t  of mineral sands over the period. Notably, GCO is the largest single dredge... 

Grande Côte operation achieves ‘excellent’ results
NOT SCRAPING THE BOTTOM The dredging operation at Eramet's Grande Côte operation reported an excellent operating performance for the first half of 2020

Mining majors must convince investors of need to replace value – Sir Mick Davis  

By: Martin Creamer     8th October 2020 Major mining companies need to convince investors of the crucial need to replace the value that they are taking out of the ground, mining luminary Sir Mick Davis said on Thursday. “Every single day that they take something out of the ground, that value disappears forever, and unless you do... 

Mining majors must convince investors of need to replace value – Sir Mick Davis
Mining Weekly’s Martin Creamer reports on Sir Mick Davis at Joburg Indaba. Video: Darlene Creamer

Exploration strategy in three months, hydrogen under scrutiny – DMRE  

By: Martin Creamer     8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... 

Exploration strategy in three months, hydrogen under scrutiny – DMRE
Mining Weekly’s Martin Creamer reporting on DMRE DG Advocate Thabo Mokoena. Video: Darlene Creamer.

Flow-through must form part of overall exploration strategy – Minerals Council  

By: Martin Creamer     7th October 2020 The introduction of a flow-through share scheme must form part of a full suite and package of measures tailored for a comprehensive exploration strategy for South Africa, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking during question time on day one of the Joburg... 

Flow-through must form part of overall exploration strategy – Minerals Council
Mining Weekly’s Martin Creamer putting a question at Joburg Indaba. Video: Darlene Creamer.

Hydrogen can be game-changer for South African economy ­– PwC  

By: Martin Creamer     6th October 2020 Hydrogen has the potential to be a game-changer for the South African economy, PwC African mining leader Andries Rossouw said on Tuesday. Speaking during the virtual release of the professional services firm’s 12th edition SA Mine, a series of publications that highlights trends in the South... 

Hydrogen can be game-changer for South African economy ­– PwC
Mining Weekly’s Martin Creamer reports on PwC SA Mine 2020 event. Video: Darlene Creamer

Sedibelo Platinum Mines closer to finding listing date – Frandsen  

By: Martin Creamer     5th October 2020 The unlisted Sedibelo Platinum in South Africa’s North West province is closer to finding a listing date, says Pallinghurst managing partner and co-founder and Sedibelo chairperson Arne Frandsen, who is absolutely bullish about the prospects for platinum group metals (PGMs) in the medium to long... 

Sedibelo Platinum Mines closer to finding listing date – Frandsen
Mining Weekly’s Martin Creamer interviewed Pallinghurst’s Arne Frandsen. Video: Darlene Creamer.
1
2 3 4 5 6 7 8 9

Latest News

more

Latest Videos

more

Company Announcements

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Close