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Covid-19 News

Cabinless, emissionless vehicle foretelling underground’s autonomous future  

By: Martin Creamer     30th September 2020 Mining Weekly on Wednesday watched a cabinless emission-free next-generation mining vehicle autonomously load, haul and dump in an underground mine, without a human in sight. The cabinless design places emphasis on the extent to which traditional human operation at the rockface is becoming a... 

MC Mining reports solid full-year result despite Covid-19 impact

By: Tasneem Bulbulia     30th September 2020 Despite the adverse impact of Covid-19 and the related lockdown in South Africa, coal miner MC Mining narrowed its loss for the financial year ended June 30. Acting CEO Brenda Berlin noted on September 30 that the company had made considerable progress on its strategy prior to the lockdown. This... 

BlueRock records milestones despite pandemic

By: Tasneem Bulbulia     29th September 2020 Aim-listed BlueRock Diamonds reports that it had achieved a lot for the six months ended June 30 despite the pandemic, noting that it is now well positioned to expand its operations as planned and to operate profitably again from the second half of the year. The company undertook a rapid response... 

Carbide recycling can create jobs for mine communities – Sandvik  

By: Martin Creamer     29th September 2020 The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that... 

Carbide recycling can create jobs for mine communities – Sandvik
Mining Weekly’s Martin Creamer reports on Sandvik’s mining innovation virtual event. Video: Darlene Creamer

Olive Downs coking coal mine gets final approvals

By: Esmarie Iannucci     29th September 2020 The Queensland government has granted a mining lease for the A$1-billion Olive Downs coal mine being developed by Pembroke Resources. The project is forecast to produce 15-million tonnes a year of saleable coal over a 79-year mine life, and would create over 1 000 jobs in the region. 

Olive Downs coking coal mine gets final approvals

South Africa has 22 operating manganese mines – AmaranthCX ­ 

By: Martin Creamer     28th September 2020 South Africa has 22 operating manganese mines, with only four of them owned in part by Johannesburg Stock Exchange (JSE)-listed companies, AmaranthCX director Paul Miller has calculated. All are in the Northern Cape, except for four small mines well outside the Northern Cape in the North West,... 

South Africa has 22 operating manganese mines – AmaranthCX ­
Mamatwan manganese mine in South Africa's Northern Cape.

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa 

By: Terence Creamer     28th September 2020 President Cyril Ramaphosa says the Gazetting of a Ministerial determination enabling the development of more than 11 800 MW of new electricity capacity by independent power producers signals government’s intention to move ahead with one of the key reforms needed to unlock growth and investment in... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa
Photo by Creamer Media
President Cyril Ramaphosa

Pandemic bolsters US demand for precious metals

By: Tasneem Bulbulia     25th September 2020 The Covid-19 pandemic has acted as a catalyst for furthering investment in gold and silver in the US, with a new wave of investors who have never bought precious metals before now considering investing in such assets, Monex Precious Metals broker Albert Johnston III said during an LBMA-hosted... 

Green hydrogen economy growing rapidly – Hatch 

By: Martin Creamer     25th September 2020 At Glencore’s Raglan Mine, in Canada, a closed loop, microgrid system converts excess wind power to hydrogen, which is then stored in tanks. During periods of low wind power, a fuel cell produces electricity from the stored hydrogen, and within the facility are also innovations such as a battery... 

Green hydrogen economy growing rapidly – Hatch
Photo by Raglan Mine
Glencore's Raglan Mine in Canada.

Minergy achieves milestones despite Covid-19 impact

By: Tasneem Bulbulia     25th September 2020 Coal mining and trading company Minergy recorded considerable achievements and milestones during the financial year ended June 30, despite a significant part of the year being impacted by Covid-19. “Despite border restrictions between South Africa and Botswana (a minimum of 15 weeks), Minergy, in... 

Minergy achieves milestones despite Covid-19 impact
Morné du Plessis

Gold mining, green hydrogen, Pan African make headlines 

25th September 2020 Mining Weekly Editor Martin Creamer unpacks the need for business and government to look seriously at mining material from gold mine dumps and tailings dams, Australia  producing green hydrogen at $2/kg and Pan African Resource’s R150-million solar PV project that authorities are supporting.   

Gold mining, green hydrogen, Pan African make headlines
Gold mining, green hydrogen, Pan African make headlines

Tshipi continues to deliver

By: Esmarie Iannucci     24th September 2020 ASX-listed Jupiter Mines on Thursday said that production and exports from its Tshipi Borwa manganese mine, in South Africa, remained on track, despite the project tracking behind plan. The company told shareholders that overall mining volumes during the quarter ended August were below plan as... 

Mashaba vows retrieval of bodies from 2016 accident at Lily mine 

By: Sane Dhlamini     23rd September 2020 ActionSA leader Herman Mashaba on Wednesday said his party’s legal team will aim to present the Department of Mineral Resources and Energy with a court order to retrieve the container at Lily mine in which three miners were trapped during a 2016 mine collapse. Three miners – Yvonne Mnisi, Pretty... 

Mashaba vows retrieval of bodies from 2016 accident at Lily mine
ActionSA leader Herman Mashaba

Green hydrogen study integrating SADC ahead of trillion dollar market emergence  

By: Martin Creamer     23rd September 2020 A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADF) region ahead of the projected opening up of a trillion dollar market going into the future. Funded €5.7-million by the Germany Federal Ministry of... 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Resources Watch 

23rd September 2020 This week: Solar to provide most of gold plants’ daytime power; Mponeng integration presenting ‘wonderful opportunities’; and, Egoli likely to be S Africa’s least complicated underground gold mine 

Resources Watch
Resources Watch

Glencore extends life of copper smelter and refinery

By: Esmarie Iannucci     23rd September 2020 Diversified major Glencore has announced plans to extend the life of its copper smelter in Mount Isa and its refinery in Townsville beyond 2022, after reaching a deal with the state government. As part of the Queensland government’s North Queensland Recovery Plan, Glencore will receive a one-off... 

Glencore extends life of copper smelter and refinery

Authorities laudably supportive of grid-tied Pan African solar project – coordinator 

By: Martin Creamer     22nd September 2020 The authorities have been laudably supportive of the R150-million grid-tied photovoltaic solar project that is to be built to supply electricity to Pan African Resources’ highly successful Elikhulu tailings retreatment plant in Evander, Mpumalanga. The nigh-10 MW solar plant, which is expected to... 

Authorities laudably supportive of grid-tied Pan African solar project – coordinator
Photo by Pan African Resources
Elikhulu tailings retreatment plant at Evander, in Mpumalanga.

Gold miners have important role to play in meeting the UN SDGs 

By: Simone Liedtke     22nd September 2020 The gold industry can play a major role in helping to address the many social, economic and environmental challenges facing the world, while also expanding its overall contribution to meeting the United Nations Sustainable Development Goals, says AngloGold Ashanti nonexecutive director Kojo... 

Gold miners have important role to play in meeting the UN SDGs
World Gold Council CFO Terry Heymann

Global chromium production impacted by Covid-19 outbreak, says ICDA

By: Schalk Burger     21st September 2020 Global chromium production impacted by Covid-19 outbreak, says ICDA Chromium production and consumption remained constrained during the second quarter of this year, in line with lockdown restrictions implemented in various countries, says the International Chromium Development Association (ICDA). 

AngloGold reinstates guidance on growing certainty 

By: Martin Creamer     21st September 2020 Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the... 

AngloGold reinstates guidance on growing certainty
AngloGold Ashanti acting CEO Christine Ramon

Minerals Council welcomes call to rebuild the South African economy  

By: Tasneem Bulbulia     18th September 2020 Industry body the Minerals Council South Africa has welcomed President Cyril Ramaphosa’s address this week announcing the further lifting of restrictions with the shift in the country’s Covid-19 status to Level 1 from September 20. The Minerals Council says it also shares the view of the... 

Cybersecurity has to remain ‘front of mind’ for miners, says panel

By: Simone Liedtke     18th September 2020 As the world becomes more connected through information technology (IT) and operational technology (OT), ABB local division manager for mining solutions John Manuell warns that cybersecurity will need “to remain front of mind”. With the advent and increasing use of digital technologies,... 

Cybersecurity has to remain ‘front of mind’ for miners, says panel

WEF White Paper highlights human rights fragility in DRC's artisanal mining sector 

By: Donna Slater     17th September 2020 Human rights abuses associated with artisanal cobalt mining in the Democratic Republic of Congo (DRC) are highlighted in the World Economic Forum’s (WEF’s) 'Making Mining Safe and Fair: Artisanal cobalt extraction in the DRC' White Paper, published in September. Amnesty International business,... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African  

By: Martin Creamer     17th September 2020 What is expected to be South Africa’s least complicated underground gold mine is on the way at Evander, Mpumalanga, in the form of the Egoli gold project. Planning to bring the low-capital quick-return project to life is Pan African Resources, the London-, Johannesburg- and New York-listed... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African
Mining Weekly’s Martin Creamer interviews Pan African Resources CEO Cobus Loots. Video: Darlene Creamer.

Harmony Gold, Pan African, platinum make headlines 

17th September 2020 Mining Weekly Editor Martin Creamer unpacks the integration of Mponeng and Mine Waste Solutions surface gold recovery operation into Harmony Gold, Pan African's results and platinum possibly on its way into battery electric vehicles as a battery metal. 

Harmony Gold, Pan African, platinum make headlines
Harmony Gold, Pan African, platinum make headlines

Solar to provide most of gold plants’ daytime power – Pan African  

By: Martin Creamer     16th September 2020 The 10 MW solar electricity plant that Pan African Resources will construct on site at its Elikhulu gold-from-tailings plant next year at a cost of R150-million will take care of most of Elikhulu’s daytime power requirements. This is the first phase of solar power generation at Evander. Pan... 

Solar to provide most of gold plants’ daytime power – Pan African
Pan African Resources results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Platinum jewellery showing signs of resilience post-pandemic, says WPIC

By: Simone Liedtke     16th September 2020 The platinum jewellery market is showing signs of resilience in the wake of the Covid-19 pandemic, supported by new research into consumer sentiment, says the World Platinum Investment Council (WPIC). In a newsletter by the council, published on September 16, it notes that jewellery is the... 

Pan African proposes record final dividend as headline earnings surge 

By: Martin Creamer     16th September 2020 Gold mining company Pan African on Wednesday proposed a record final dividend after headline earnings surged 93% and net cash generated by operating activities rose by 42%. Mining Weekly can report that, in the 12 months to June 30, gold produced by the London-, Johannesburg- and New York-listed... 

Pan African proposes record final dividend as headline earnings surge
Photo by Creamer Media
Pan African CEO Cobus Loots

Resources Watch  

16th September 2020 This week: Platinum has potential to be three-times-bigger $35bn-a-year industry Data key to long-term optimization And, prize potentially large in platinum fuel cell and hydrogen growth 

Resources Watch

Great opportunity to lock in higher gold price for future – Harmony  

By: Martin Creamer     16th September 2020 The current gold price presents a great opportunity to lock in the higher price for the future, says Harmony Gold FD Boipelo Lekubo, against the backdrop of Harmony’s hedging programme realising gains of R2.2-billion since its inception, but the recent dollar and rand gold prices also negatively... 

Great opportunity to lock in higher gold price for future – Harmony
Photo by Creamer Media
Harmony Gold financial director Boipelo Lekubo

Digital technologies drive transformation in mining

By: Simone Liedtke     15th September 2020 With many things having changed, never to be the same, Microsoft South Africa enterprise director Amr Kamel says of the power of technology: “It will always help people and organisations to adapt, re-invent and transform”. South Africa’s mining industry contributed R360-billion to the country's... 

Digital technologies drive transformation in mining
Microsoft South Africa enterprise director Amr Kamel

Mponeng integration presenting ‘wonderful opportunities’ – Harmony Gold  

By: Martin Creamer     15th September 2020 The integration of Mponeng underground gold mine and Mine Waste Solutions surface gold recovery operation into Harmony Gold was presenting “wonderful opportunities” in the West Wits area, Harmony CEO Peter Steenkamp said on Tuesday. Harmony, which will be on site at Mponeng and Mine Waste... 

Mponeng integration presenting ‘wonderful opportunities’ – Harmony Gold
Harmony Gold presentation of results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Harmony Gold’s free operating cash soars 

By: Martin Creamer     15th September 2020 Gold mining company Harmony Gold on Tuesday reported 106% increase in operating free cash flows on a 25% improvement in the rand gold price to R735 569/kg in financial year 2020, resulting in a 9% increase in revenue to R29.25-billion.  In the year to June 30, the company, headed by CEO Peter... 

Harmony Gold’s free operating cash soars
Harmony CEO Peter Steenkamp

Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views 

By: Martin Creamer     14th September 2020 The new sweeter spot that platinum group metals has entered drew a multiplicity of mainly optimistic viewpoints from analysts attending the virtual PGM Industry Day. Chaired by business development manager Rand Merchant Bank Henk de Hoop, the viewpoints were provided by Standard Chartered Bank... 

Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views
Photo by Creamer Media
(From left top) Simon Kendall, Patrick Mann, Mandi Dungwa. (From left bottom) Henk de Hoop, Suki Cooper.

DMRE targeting December for initiation of fifth renewables bid window 

By: Terence Creamer     14th September 2020 The Department of Mineral Resources and Energy (DMRE) has clarified that it is aiming to release bid documentation for the so-called fifth bid window (BW5) of South Africa’s renewable-energy procurement programme in December, following receipt of the regulator’s concurrence with a Ministerial... 

DMRE targeting December for initiation of fifth renewables bid window

Weekly Coal Index Report

14th September 2020 Weaker capesize freight rates helped FOB prices edge higher, whilst pressuring delivered markets. Firmer power and gas prices also helped strengthen physical bids for Dec-20 tonnes, with the back end of the curve steepening as prompt prices remain lifeless. Colombian coal supply from Cerrejon... 

Weekly Coal Index Report

World’s gold miners wary of production ramp-up despite price surge

By: Reuters     14th September 2020 The world's top gold miners are retrenching after Covid-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritising investor returns over production growth. Gold prices have jumped 30% this year to roughly $2 000 an ounce as central banks dial up... 

World’s gold miners wary of production ramp-up despite price surge
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