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Ferrochrome company Merafe Resources on Tuesday reported a profit of R925-million for the six months ended June 30 on higher realised ferrochrome prices and a weaker rand-dollar exchange rate....
A call for funding applications to be submitted for the development of the hydrogen economy is made in an advertisement placed today by South Africa’s Technology Innovation Agency (TIA), an entity...
Justice and Correctional Services Minister Ronald Lamola has given approval for State-owned Transnet’s security officers to be granted peace officer status as Gazetted on August 5, elevating them...
The revenue of JSE- and TSX-listed platinum group metals (PGM) miner Eastern Platinum (Eastplats) increased by 2.5% year-on-year to $20.5-million in the second quarter, taking year-to-date revenue...
Aim-listed iron, vanadium and titanium project developer Ironveld and its team of specialist contractors has started work at the mothballed Ferrochrome Furnaces (FCF) smelter site, in Rustenburg,...
The shift from linear to circular value chains has the potential to impact all aspects of mining and requires a rethink, Anglo American Platinum sustainable impact head Stephen Bullock has told a...
Glencore Alloys head Japie Fullard has hailed the new energy plan announced by President Cyril Ramaphosa as opening the way for the company to target bigger power projects. “I must say that the...
To enable South Africa’s mining and resources sector to remain competitive, it is imperative the country pursues a safe, competitive, responsible, integrated and intelligent heavy haul system,...
African Rainbow Energy and Power CEO and former Eskom CEO Brian Dames concurs fully with the energy plan unveiled by President Cyril Ramaphosa. “I think he’s got it right,” was Dames's summing up...
JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has successfully closed an equity raise of R680-million – about 8.5% of its current market capitalisation....
Ferrochrome production, which is South Africa-based, rose 2% in the six months to June 30, reflecting consistent smelter performance, Glencore reported on Friday. Attributable ferrochrome...
Zimbabwe’s power utility ZESA Holdings will no longer charge mining houses tariffs below cost of production as it is struggling to service “ballooning power import debt.” Exporters, such as mining...
A radical ramp-up of renewable energy and green hydrogen capacity will be needed by 2040 to take South Africa towards a net-zero climate change commitment, the Coal & Energy Transition Day heard on...
The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the...
Canadian National Railway reported earnings that easily beat analysts’ forecasts as strong volumes allowed the railroad to increase prices and fuel surcharges to offset rising costs. Revenue in...
JSE-listed chrome miner Merafe Resources expects to report basic earnings per share (EPS) of between 34.7c and 39.3c for the six months ended June 30, which would be a 51% to 71% improvement on the...
JOHANNESBURG (miningweekly.com) – Anglo American Platinum CEO Natascha Viljoen on Monday expressed the firm belief that decarbonisation and renewable energy have the potential to create new...
Applying subject matter expertise to process data streams for accuracy is a necessary part of mining’s new digital age, according to SRK Consulting Global chief technology officer Mike Olsen....
Mining Weekly Editor Martin Creamer discusses Australia’s PEM water electrolyser; Ironveld’s plans to acquire Ferrochrome Furnaces; and Jubilee Metals's Sable refinery.
Mining production decreased by 7.8% year-on-year in May, Statistics South Africa (Stats SA) has revealed. The largest negative contributors were gold (-28.3% and contributing -4.6 percentage...
A new draconian mining industry draft Bill, which threatens jobs and investment – and can even impose a penalty of 10% of turnover on a mine company, along with corporate manslaughter charges –...
Aim- and AltX-listed diversified metals processing company Jubilee Metals Group has appointed Tracey Kerr independent nonexecutive director with immediate effect. Based in the UK, she is currently...
Dual-listed Tharisa achieved a “commendable” third quarter, ended June 30, maintaining strong production, which was supported by the favourable commodity markets, ensuring a healthy balance sheet...
State-owned Transnet Freight Rail (TFR) will start with the annual maintenance shutdown of its North Corridor on July 12. The shutdown is scheduled for completion by July 22 and is important for...
Having completed a new long-term plan and mine redesign study, JSE- and TSX-listed midtier platinum group metals (PGMs) miner Eastplats envisages restarting mining operations at its flagship PGMs...
Blockaded roads and disruption of transport routes associated with the Mpumalanga shutdown have served to twist the knife in commodity exporters already struggling to move product out of the...
State-owned rail agency Transnet Freight Rail (TFR) has signed a cooperation agreement with Mozambique State agency Ports and Railways of Mozambique (CFM) to implement an immediate train...
If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating...
Platinum and chrome miner Bauba Resources reports that its 74%-owned exploration company Nuco Chrome business has been granted a mining right, which is valid for eight years. The mining right –...
JSE-listed Merafe Resources has informed shareholders that the European benchmark ferrochrome price for the third quarter has been settled at $1.80/lb. That represents a 16.7% decrease from the...
Minerals Council South Africa legal deputy head Mxolisi Ngubane says that, although the prevalence of illegal mining is not new, the brazenness and evolving nature at which operations are taking...
Going forward, combined renewables plans already in place are poised to slash Scope 2 emissions at Exxaro Resources’s Grootegeluk coal mine in Limpopo by up to 90%. The renewable strategy being...
The detraction of the South African investment market is the uncertainty around approval timelines and the implementation of a deeming provision could change all that by treating applications as...
South Africa is the world’s biggest producer of chrome ore and it is estimated that about 10% of South Africa's yearly production of chrome is lost to illegal mining. There has been an emergence of...
In a bid to improve on its operational performance, clear logistic backlogs, and claw itself out of its financial predicament, Transnet has confirmed that it will issue a tender for the procurement...
Diversified mining and exploration company Bauba and JSE-listed Raubex have resolved to propose a transaction in terms of which Raubex will make a general offer to acquire all of the ordinary...
Green hydrogen, when earlier identified as a necessary clean energy source to help the world achieve net-zero emissions in the coming decades, was higher up the cost curve than fossil fuels. Now...
Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating...
The board of Black Chrome Mine (BCM), based in Limpopo, has resolved to place the mine under business rescue, voluntarily, to best ensure the long-term survival of the mine. BCM, a subsidiary of...
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