https://www.miningweekly.com
R/€ = 19.19 Change: -0.04
R/$ = 16.97 Change: 0.04
Au 1782.91 $/oz Change: 7.61
Pt 820.02 $/oz Change: 4.97
 

Cobalt News

Power Metal raises £1m to accelerate exploration

By: Schalk Burger     Updated 1 hour 55 minutes ago Aim-listed metals exploration and development company Power Metal Resources has raised £1-million to accelerate exploration across its portfolio of projects and to commercialise select project interests. The funds raised will increase the available working capital (cash and listed financial... 

Minerals Council regrets delay of 2018 Mining Charter review 

By: Martin Creamer     Updated 2 hours 11 minutes ago Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... 

Minerals Council regrets delay of 2018 Mining Charter review
Photo by Creamer Media
Minerals Council South Africa.

Displacement continuing at copper mine where openpit give way is imminent 

By: Martin Creamer     6th July 2020 Vertical and horizontal displacement is continuing at the Nchanga Open Pit Cut 2 in Chingola in Zambia, where geo-technical assessments point to an imminent collapse of a portion of the open pit – but the anticipated slough had not happened by late Sunday when Mining Weekly spoke by phone to... 

Displacement continuing at copper mine where openpit give way is imminent
Photo by Creamer Media
Konkola Copper Mines CEO Chris Sheppard.

Congo mines minister to meet with firms on confinement moratorium

By: Reuters     5th July 2020 Democratic Republic of Congo mines minister Willy Kitobo Samsoni plans to meet with mining companies to agree a moratorium on confining workers to mine sites due to the coronavirus. Civil society groups last month demanded an end to mandatory mine-site confinement policies put in place by copper... 

Power Metal progresses with Kisinka exploration

By: Donna Slater     3rd July 2020 Metal explorer and developer Power Metal Resources (Power Metal) has completed most elements of the follow-up programme at the Kisinka project in the Democratic Republic of Congo, including pitting and mapping. Laboratory analysis will, however, only be possible after air cargo routes reopen.  

Reopening of economies boosting metals prices 

By: Marleny Arnoldi     3rd July 2020 Since lockdown measures have started to ease around the world to contain Covid-19, ratings and research agency Standard & Poor’s Global (S&P Global) says the reopening of economies, combined with monetary stimulus by banks and governments, has allowed industrial metal prices to rise. However,... 

Reopening of economies boosting metals prices

Covid kills 13 mineworkers, no foreigners back at work  

By: Martin Creamer     2nd July 2020 Thirteen mineworkers have now succumbed to the coronavirus, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Of the 13 who have died, seven were employed in platinum mining in North West province, which has the most cases at 1 413... 

Covid kills 13 mineworkers, no foreigners back at work
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hydrogen-powered aviation preparing for takeoff – study 

By: Martin Creamer     2nd July 2020 Hydrogen as an energy source will play a key role in transforming aviation into a zero-carbon/climate-neutral system over the next few decades, an independent study states in estimating that the first short-range hydrogen-powered demonstrator could be developed by 2028 if sufficient investments... 

Hydrogen-powered aviation preparing for takeoff – study
Strong steps being taken to clean up the skies by using hydrogen to power aircraft.

Platinum group metals in pole position to benefit from global decarbonisation thrust  

By: Martin Creamer     1st July 2020 Platinum group metals are in pole position to benefit from the fast-growing global decarbonisation momentum, Mining Weekly can today report. A multiplicity of global announcements are emerging daily that inextricably link platinum-catalysed hydrogen fuel cells as well as platinum-catalysed... 

Platinum group metals in pole position to benefit from global decarbonisation thrust
AP Ventures founding partner Kevin Eggers interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Crisis Group suggests DRC govt, miners zone land for artisanal mining

By: Marleny Arnoldi     30th June 2020 Transnational nonprofit organisation Crisis Group says tensions continue to build in the Democratic Republic of Congo’s (DRC’s) mining heartland between industrial and artisanal miners. The organisation highlights in its latest report, titled 'Mineral Concessions: Avoiding Conflict in DRC’s... 

Congo suspends artisanal cobalt trade in key province on virus

By: Bloomberg     26th June 2020 The Democratic Republic of Congo’s main copper and cobalt-producing province halted trade in hand-dug minerals through June 29 in order to improve controls on the industry, amid concerns that Covid-19 could hit the mineral-rich region. Mines Minister Willy Kitobo Samsoni said Lualaba Governor... 

Congo president wins approval for nominees at state mining company

By: Reuters     26th June 2020 Democratic Republic of Congo President Felix Tshisekedi won approval on Friday for his nominations to lead state mining company Gecamines, its chairman said, after they were held up by allies of Tshisekedi's predecessor for over a year. The approval from the public portfolio ministry could allow... 

Shrinking aerospace demand to keep pressure on cobalt prices

By: Reuters     26th June 2020 Cobalt prices are at ten-month lows due to sagging demand from the electric vehicle and aerospace sectors amid the Covid-19 pandemic and look likely to slide further as airlines defer maintenance. Airlines such as Australia's Qantas, Qatar Airways and Singapore Airlines are looking to defer... 

Demand for EV battery raw materials set to increase − Unctad

By: Tasneem Bulbulia     24th June 2020 The demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy recedes, as highlighted recently by the collapse of prices owing to oversupply and weak demand resulting from Covid-19, a new report published by the United... 

First Cobalt strengthens ESG practices

By: Creamer Media Reporter      24th June 2020 North America’s only permitted cobalt refinery, First Cobalt, has taken steps to strengthen its environmental, social and corporate governance (ESG) practices by joining the Cobalt Institute as an associate member. The Cobalt Institute is a forum for global cobalt market participants. A key part... 

First Cobalt strengthens ESG practices

Deep sea mining could destroy undiscovered species, says Ocean Panel 

By: Reuters     24th June 2020 Mining on the sea floor should not begin before a full assessment of likely environmental impacts can be made, a report commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel) said on Wednesday. Environmentalists including Britain's David Attenborough have called for a... 

Deep sea mining could destroy undiscovered species, says Ocean Panel

Congo officials vow to tackle child labour at mines as virus threatens spike

By: Reuters     23rd June 2020 Authorities in Democratic Republic of Congo's southeastern mining heartland are boosting efforts to tackle child labour amid concerns that the coronavirus pandemic could drive more families to put their children to work in mines, officials said. Congo is Africa's main producer of copper and the... 

Glencore says will cooperate with investigation by Swiss

By: Martin Creamer     20th June 2020 Diversified mining company Glencore stated at the weekend that it would cooperate with an investigation opened into it by the office of the attorney general of Switzerland. Glencore stated in a release to Mining Weekly that it had been informed by the office of the attorney general that it had... 

Glencore says will cooperate with investigation by Swiss
Photo by Bloomberg
Glencore head office.

DRC mines require increasing renewable energy sources for development 

By: Donna Slater     19th June 2020 The continued roll-out of new renewable energy capacity is key to the success of current and future mining projects in the Democratic Republic of the Congo (DRC), panellists have indicated during a session of the virtual DRC Mining Week webinar on June 18. The panel comprised Southern... 

DRC mines require increasing renewable energy sources for development
Photo by Bloomberg
A growing mining industry in the Democratic Republic of Congo is driving energy demand, which in turn, is creating other new opportunities as more areas become electrified

Electric vehicle rally to maintain demand for battery metals despite Covid-19

By: Donna Slater     19th June 2020 Although subdued as a result of Covid-19, demand for battery metals, including cobalt, lithium and copper, will remain strong as a result of growth in the global electric vehicles (EV) market, business intelligence company CRU UK cobalt, lithium and battery markets senior analyst George Heppel... 

Electric vehicle rally to maintain demand for battery metals despite Covid-19

DRC poses many challenges, but is worth investing in

By: Donna Slater     18th June 2020 Investors in mining projects in the Democratic Republic of Congo (DRC) need to prioritise compliance with local mining laws and ensure community involvement and upliftment, panellists have said during a session at the virtual DRC Mining Week. During the June 17 session, titled 'How can existing... 

Voisey’s Bay to resume operations early next month

By: Mariaan Webb     18th June 2020 The Voisey’s Bay mine, in Labrador, Canada, is gearing up to resume operations, following a three-month shutdown associated with the Covid-19 outbreak. Brazil’s Vale announced on Thursday that it had moved from care and maintenance into a planned maintenance period at Voisey’s Bay as a first... 

Voisey’s Bay to resume operations early next month
Voisey's Bay in Labrador.

Appian appoints Gonzales as operating chief

By: Simone Liedtke     17th June 2020 Investment adviser Appian Capital Advisory, which backs mining projects, has appointed mining industry executive Igor Gonzales as its new COO. Gonzales will manage the company’s technical team working across Appian’s portfolio, with direct oversight of the firm’s operating assets including... 

Appian appoints Gonzales as operating chief
Igor Gonzales

Congo mining provinces impose new Covid-19 lockdowns

By: Reuters     17th June 2020 Authorities in Democratic Republic of Congo's southeastern mining heartland announced temporary lockdowns on Tuesday in an effort to widen coronavirus testing and prevent a worrying situation from worsening, governors said. Cases have multiplied in the central African nation despite the... 

Glencore agrees deal to sell cobalt to Tesla for new car plants

By: Bloomberg     17th June 2020 Glencore will sell cobalt to Tesla for use in vehicles being produced at new car plants in China and Germany, according to a person with knowledge of the matter. The deal could involve Glencore supplying as much as 6 000 t of the metal a year for lithium-ion batteries that power electric cars,... 

240 000 miners back at work – Minerals Council South Africa 

By: Martin Creamer     11th June 2020 An estimated 240 000 miners are back at work on 385 large and small mines across South Africa, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Each and every one of these miners was screened on their return to work after lockdown... 

240 000 miners back at work – Minerals Council South Africa
Mining Weekly’s Martin Creamer reports on Covid update by Minerals Council South Africa. Video: Darlene Creamer 11.06.2020

ICMM members record 287 fatalities in 2019

By: Martin Creamer     11th June 2020 The International Council on Mining and Metals (ICMM) on Thursday released the 2019 safety data of its company members, who reported 287 occupational fatalities, a marked increase from the 50 fatalities recorded in 2018 and 51 fatalities recorded in 2017. ICMM said in a media release to Mining... 

ICMM members record 287 fatalities in 2019
ICMM CEO Tom Butler

Global mining forum IGF puts forward sweeping employment reforms 

By: Martin Creamer     10th June 2020 The Intergovernmental Forum on Mining Minerals Metals and Sustainable Development (IGF) on Wednesday put forward sweeping mining employment reforms in response to the Covid-19 pandemic, which has, it states, exposed weak points in the global labour market. IGF emerged from the 2002 World Summit... 

Global mining forum IGF puts forward sweeping employment reforms
Photo by Bloomberg
Sweeping mining reforms advocated in response to Covid-19.

Experts say artisanal mining is here to stay and helps sustain global markets  

By: Marleny Arnoldi     9th June 2020 Formalising artisanal mining is a challenge for the mining industry, especially in remote locations and many organisations are stepping in to help. This was mentioned during a June 9 webinar about formalising artisanal and small-scale mining (ASM) in the Democratic Republic of the Congo (DRC),... 

Experts say artisanal mining is here to stay and helps sustain global markets

Air will be cleaner when it leaves car engine than when it enters it – Hyundai 

By: Martin Creamer     9th June 2020 Air will be cleaner when it leaves the engine of a new hydrogen fuel cell electric car than when it enters the engine of the car, Hyundai states in a double-page advertisement in the latest edition of The Economist. This ultra-clean-air automotive advance comes against the backdrop of government... 

Air will be cleaner when it leaves car engine than when it enters it – Hyundai
Platinum and hydrogen going hand-in-glove.

Well positioned to weather storm – Standard Bank

By: Martin Creamer     4th June 2020 The Standard Bank is well positioned to weather the Covid-19 storm and remains determined to emerge from this crisis as a stronger Africa-focused financial services group, Standard Bank Group FD Dr Arno Daehnke said on Thursday. The capital and liquidity levels of Africa’s biggest lender by... 

Well positioned to weather storm – Standard Bank
Standard Bank building.

Mozambique streaks ahead with new e-government cadastre advance 

By: Martin Creamer     3rd June 2020 While South Africa is still trundling along laboriously with a minerals cadastre system fraught with shortcomings, Mozambique has rocketed to the highest firmament of e-government licence processing, Mining Weekly can report. Mozambique first led the pack 17 years ago when, ironically, it latched... 

Mozambique streaks ahead with new e-government cadastre advance
Mozambique mining cadastre portal.

US hopes to expand strategic minerals initiative

By: Reuters     3rd June 2020 The US State Department hopes to expand a strategic minerals initiative aimed at ensuring supply chains for metals critical for batteries and wind and solar power as demand for green energy keeps growing despite the coronavirus, a top diplomat said on Tuesday. Ten countries, including Canada,... 

ERG says cobalt market can only benefit from EU’s green plan

By: Marleny Arnoldi     2nd June 2020 Diversified miner Eurasian Resources Group (ERG) says the European Union’s (EU’s) green plan to make electric vehicles (EVs) a centrepiece of the continent’s economic recovery has injected confidence into the global cobalt market. CEO Benedikt Sobotka says the green plan has also renewed... 

New solution for monitoring tailings dams 

By: Martin Creamer     2nd June 2020 The tragic tailings dam breach in Brazil that killed more than 270 people has focused the world of mining on making tailings dams safe. Earlier this year, and environmental organisation Grid-Arendal launched the world’s first publicly accessible global database of mine tailings storage facilities... 

New solution for monitoring tailings dams
Photo by Creamer Media
Tailings dam.

Battery metals traceability project launched to enhance sustainability of industry

By: Donna Slater     2nd June 2020 Finland-based research, development and innovation organisation VTT says the success of electric vehicles (EVs) may be determined by production methods and information on the origins of battery materials in the future. VTT and the Geological Survey of Finland GTK, there, have launched a battery... 

It’s official, the hottest party in the metals world is cancelled

By: Bloomberg     2nd June 2020 The London Metal Exchange (LME) has pulled the plug on the biggest annual gathering in the metals market, cancelling all its own events during October’s LME Week because of coronavirus concerns. From its origins as an annual gathering organised by the LME’s golf association, the week-long roster... 

New Finnish copper technology for Democratic Republic of Congo 

By: Martin Creamer     1st June 2020 New copper solvent extraction technology is to be delivered to the Democratic Republic of Congo (DRC) by Finnish mining technology company Outotec. La Sino-Congolaise des Mines SA (Sicomines) has awarded the contract for the delivery of the copper solvent extraction plant to Sicomines’... 

New Finnish copper technology for Democratic Republic of Congo
Photo by Outotec
Solvent extraction lines.
1
2 3 4 5 6 7 8 9

Latest News

more

Latest Videos

more

Press Office

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