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Covid-19 News

Mining industry reaffirms its willingness to boost vaccination rollout

By: Donna Slater     26th July 2021 The Minerals Council South Africa and several labour unions reiterate their support for South Africa’s national vaccination programme, urging all industry employees to choose to get vaccinated as soon as they have the opportunity to do so. The labour unions include the Association of Mineworkers... 

Sasol partners with Mpumalanga govt, launches five-day vaccination drive

By: Yvonne Silaule     26th July 2021 Energy and chemicals company Sasol's Secunda operations has, in partnership with the Mpumalanga government, launched a five-day Covid-19 vaccination drive, starting on July 26. This formed part of the preparation for the operations' upcoming annual maintenance shutdown taking place from August 30... 

High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost 

By: Martin Creamer     26th July 2021 The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact... 

This picture was taken during the presentation of results on26 July 2021
Photo by Creamer Media
Anglo American Platinum CEO Natascha Viljoen

Extremely strong demand for platinum bar and coin – WPIC  

By: Martin Creamer     22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe,  World Platinum Investment Council (WPIC) head of research Trevor Raymond said... 

Picture of WPIC research head Trevor Raymond
WPIC Research Head Trevor Raymond interviewed by Mining Weekly's Martin Creamer.

Anglo increasingly focused on future-enabling decarbonising metals, minerals – Cutifani 

By: Martin Creamer     20th July 2021 The portfolio and growth investments of diversified mining company Anglo American is increasingly focused future-enabling metals and minerals that are critical to decarbonising energy and transport and to meeting consumers' growing needs, from luxury to everyday life. This was stated by Anglo... 

A picture of Anglo American's CEO, Mark Cutifani.
Anglo American CEO Mark Cutifani

Carbon emissions to reach record levels in 2023 as stimulus spending fails to match net-zero ambition  

By: Terence Creamer     20th July 2021 The financial resources allocated by governments globally to clean-energy measures in response to the Covid-19 crisis currently represents only 2% of the $16-trillion in total fiscal support set aside for economic stimulus, the International Energy Agency’s (IEA’s) new Sustainable Recovery... 

Photo of IEA executive director Fatih Birol
IEA executive director Fatih Birol

Weekly Coal Index Report

19th July 2021 Coal had a wild week as buyers reached up to lift high priced offers, right along the curve. This likely spooked other buyers who helped the back end of the curve rally substantially. Xinhua reports that China is trying to distribute more than 10-million tons of coal from state reserves to secure... 

An image of the African Source markets logo

Life in mining-dependent countries significantly improved – ICMM 

By: Martin Creamer     14th July 2021 Life in mining-dependent countries has improved significantly in the 23 years leading up to 2018, with strong governance the key to improving socio-economic well-being, the International Council on Mining and Metals (ICMM) said on Wednesday. A report that analysed 41 social metrics grouped under... 

A picture of the CEO of the International Coiuncil on Mining and Metals
ICMM CEO Rohitesh Dhawan

A$100m resource infrastructure fund opens for applications

By: Esmarie Iannucci     13th July 2021 Resources communities in Queensland could now apply for state government funding for infrastructure projects that would benefit regional communities. Applications have opened to the state government’s A$100-million Resources Community Infrastructure Fund, which is aimed at delivering... 

A$100m resource infrastructure fund opens for applications

Despite tailwinds, South Africa’s recovery could fade into ‘another lost decade’ without reforms 

By: Terence Creamer     12th July 2021 The World Bank expects South Africa to grow by 4% in 2021, supported by the strong global economic recovery from Covid and favourable commodity prices. However, the bank also warns that the medium-term outlook remains uncertain and will depend largely on whether the country is able to implement... 

Image of large mining vehicles at an iron-ore mine
Commodity prices supporting South Africa rebound

Renewed focus needed to address health and safety regression, mental health toll of Covid-19  

By: Donna Slater     8th July 2021 A regression in the health and safety performance of South Africa’s mining industry and the impact of “Covid-19 fatigue “ were noteworthy topics of discussion at the yearly National Day of Health and Safety 2021, hosted by the Minerals Council South Africa on July 8. This year’s event was... 

An image of David Msiza, the chief inspector of mines at the Department of Mineral Resources and Energy
Mining authorities discuss a regression in health and safety performance for 2021 during the yearly National Day of Health and Safety

Indonesia's surge in Covid-19 cases spreads to coal mining areas

By: Reuters     8th July 2021 Indonesia's biggest coal-producing province of East Kalimantan has recorded a spike in coronavirus cases, with miners among those infected, but so far there has been no disruption to coal operations, a local official said. The Southeast Asian country is the world's biggest thermal coal exporter... 

Indonesia's surge in Covid-19 cases spreads to coal mining areas

Alberto Calderon is new AngloGold CEO

By: Martin Creamer     6th July 2021 The board of AngloGold Ashanti on Tuesday announced the appointment of Alberto Calderon as the new CEO of the gold-mining company, effective September 1. Mining Weekly can report that Calderon has more than two decades of executive leadership experience in the global mining sector. 

Alberto Calderon
Alberto Calderon

Yamkela Makupula clinches exciting Rockwell-linked alluvial diamond deal  

By: Martin Creamer     5th July 2021 Alluvial diamond mining investor Yamkela Makupula has clinched an alluvial diamond mining transaction which makes her a 30% shareholder in three diamond assets that have a link with the former Rockwell Diamonds. Makupula, who leads the Africa growth strategy of international law firm Diaz, Reus,... 

Picture of Yamkela Makupula, investor in alluvial diamonds.
Yamkela Makupula interviewed by Mining Weekly’s Martin Creamer on alluvial diamond transaction. Video: Darlene Creamer.

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

BHP completes Covid community spend

By: Esmarie Iannucci     1st July 2021 Diversified miner BHP’s Covid support for regional communities has now reached the A$50-million benchmark set in March of last year, when the company’s Vital Resources Fund was established. The fund was established to contribute to the immediate needs of communities facing impacts from the... 

NAIF approves Olive Downs coal mine loan

By: Esmarie Iannucci     1st July 2021 The Northern Australia Infrastructure Facility (NAIF) has approved a A$175-million loan to support privately held Pembroke Resource’s development of its Olive Downs metallurgical coal mine, in Queensland. Olive Downs has a Joint Ore Reserves Committee compliant reserve of 514-million tonnes of... 

NAIF approves Olive Downs coal mine loan

Glencore paid governments $5.8bn, working hard to develop local skills

By: Martin Creamer     30th June 2021 As one of the world’s largest natural resource companies, with operations across five continents, Glencore is committed to delivering long-lasting socioeconomic benefits, CFO Steven Kalmin on Wednesday. Speaking on video with the release of Glencore's 2020 Payment to Governments Report, Kalmin... 

Glencore CFO Steven Kalmin
Photo by Creamer Media
Glencore CFO Steven Kalmin

Ramaphosa says separated grid company will ‘promote purchase of lowest-cost electricity’ 

By: Terence Creamer     28th June 2021 The creation of a separate State-owned transmission entity, as part of the restructuring of Eskom into three separate entities responsible for generation, transmission and distribution, has been held up by President Cyril Ramaphosa as key to promoting the purchase of the lowest-cost electricity... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Newmont's Tanami mine struck by Covid

By: Esmarie Iannucci     28th June 2021 The Northern Territory government is working to trace some 900 workers from gold miner Newmont Corporation’s Granites gold mine, after a fly-in, fly-out worker tested positive for Covid-19 over the weekend. The workers who left the mine for Darwin, Alice Springs, Brisbane and Perth, have all... 

Mining healthcare sites gear up to increase vaccine rollouts

By: Donna Slater     25th June 2021 Fifty-eight mining occupational health sites have applied to register as primary vaccination sites in terms of the protocols set up through Business for South Africa (B4SA), of which 21 have already received the required permits from the Department of Health (DoH) as the first step towards... 

Macsteel settles safeguard-duty case with DTIC and secures two-year reprieve 

By: Terence Creamer     23rd June 2021 Department of Trade, Industry and Competition (DTIC) and Macsteel have reached a legal settlement in a case brought by the steel merchant after government extended the implementation of safeguard duties on hot-rolled coil (HRC) imports in August last year. The case was settled in the High Court,... 

Macsteel settles safeguard-duty case with DTIC and secures two-year reprieve

New global costs report confirms new renewables are undercutting existing coal 

By: Terence Creamer     22nd June 2021 The cost of electricity from new solar and wind plants is increasingly undercutting the operating costs alone of existing coal‑fired power plants and strengthening the case for their early retirement, a newly released International Renewable Energy Agency (Irena) report confirms. Published on... 

New global costs report confirms new renewables are undercutting existing coal

Commodity price risk a top concern - KPMG

By: Esmarie Iannucci     22nd June 2021 A risk assessment for the Australian mining sector has placed commodity price risk as the major concern faced by miners, advisory firm KPMG said on Tuesday. In its latest Australian Mining Risk Forecast, KPMG Australia’s newly appointed head of mining, Nick Harridge said that the rise in demand... 

Commodity price risk a top concern - KPMG

40 000 new mining employees needed in WA

By: Esmarie Iannucci     21st June 2021 The Western Australian resources sector could need as many as 40 000 additional workers by mid-2023, a new report commissioned by the Chamber of Minerals and Energy (CME) has found. The report, undertaken by independent labour market specialist Pit Crew, has forecast continued constraints in... 

40 000 new mining employees needed in WA

Miners urge EPBC reforms

By: Esmarie Iannucci     21st June 2021 The Australian resources sector has called on federal Parliament to support pragmatic, targeted and reasonable amendments to the Environment Protection and Biodiversity Conservation (EPBC) Act which the government will bring forward for debate this week. The Australian government has introduced... 

Miners urge EPBC reforms

100 MW reform ‘precursor’ to new market-driven electricity supply industry – De Ruyter 

By: Terence Creamer     18th June 2021 Eskom CEO Andre de Ruyter has described the decision to lift the licence-exemption cap on own- or embedded-generation plants from 1 MW to 100 MW as not only positive for addressing South Africa’s immediate electricity shortages, but also as “the precursor to the development of a new electricity... 

Eskom CEO Andre de Ruyter
Photo by Creamer Media's Donna Slater
Eskom CEO Andre de Ruyter

CEFC makes first hydrogen investment

By: Esmarie Iannucci     18th June 2021 The Clean Energy Finance Corporation (CEFC) has made its first hydrogen-related investment in a new venture that aims to help commercialise innovative electrolyser production technology to further accelerate Australia’s clean hydrogen industry by bringing down production costs. Electrolysis is a... 

CEFC makes first hydrogen investment

Hydrogen a massive opportunity for Aus - Woodmac

17th June 2021 New data by advisory firm Wood Mackenzie (Woodmac) has shown that low-carbon hydrogen could become a $50-billion to $90-billion export industry for Australia in 2050. Australia rates consistently in the top echelons for solar irradiance and has vast potential for large-scale carbon capture and... 

Cooper and Adavale basins to benefit from govt plans

By: Esmarie Iannucci     17th June 2021 Federal Resources, Water and Northern Australia Minister Keith Pitt has unveiled that the Cooper and Adavale basins, in South Australia and Queensland, would be the next focal points for the government’s Strategic Basin Plan. Speaking at the Australian Petroleum Production and Exploration... 

Seabridge reports Covid case at Yukon exploration site

By: Creamer Media Reporter      16th June 2021 A contractor at the 3Aces project, in Canada’s Yukon, has tested presumptively positive for Covid-19, dual-listed Seabridge Gold reported on Tuesday. The company conducted a rapid antigen test after the person arrived at the project site. Three other individuals who came into close contact with... 

Seabridge reports Covid case at Yukon exploration site

Global stock-taking report points to only modest renewables gains in total final energy consumption 

By: Terence Creamer     15th June 2021 A new international stock-take of the global transition to renewable energy highlights an “alarming gap between targets and actions” with the share of fossil fuels in energy consumption failing to decrease for the tenth consecutive year in 2020, despite a 4% Covid-linked fall in demand. Published... 

Global stock-taking report points to only modest renewables gains in total final energy consumption

Billions in upstream opportunities left - Woodmac

By: Esmarie Iannucci     11th June 2021 Advisory firm Wood Mackenzie (Woodmac) has estimated that a potential $14-billion of upstream oil and gas assets could potentially be coming into the market, as the merger and acquisition (M&A) market in Asia begins to thaw. Woodmac Asia Pacific vice chairperson Gavin Thompson noted that the... 

Ramaphosa moves to tackle growth-sapping electricity crisis by increasing licence-exemption cap on distributed projects to 100 MW  

By: Terence Creamer     10th June 2021 In a surprise move, President Cyril Ramaphosa announced on Thursday that the licence-exemption cap on self- or distributed-generation plants would be raised from 1 MW to 100 MW to help address the country's electricity crisis, which has been weighing down economic growth and confidence for more... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Mining firms with higher ESG ratings outperform market – PwC  

By: Martin Creamer     8th June 2021 Mining companies with higher environmental, social and governance (ESG) ratings outperformed the broader market during the peak of the Covid-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index,  PwC... 

PwC Africa mining leader Andries Rossouw
PwC Mine 2021 Report covered by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd

Miners due better year in 2021 - report

By: Esmarie Iannucci     8th June 2021 New research from PwC has found that the world’s top 40 miners could report record high revenues and earnings in 2021, and the second highest net profits in 18 years. In its Mine 2021 report, PwC noted that strong commodity prices propelled market capitalisation to rise by 64% on 2019 figures to... 

Miners due better year in 2021 - report

Miners contributing to A$8bn trade surplus in April

By: Esmarie Iannucci     4th June 2021 New data by the Australian Bureau of Statistics (ABS) has shown that the resources sector continued to support Australia’s economy, with the ABS reporting a trade surplus of more than A$8-billion in April 2021. Federal Resources Minister Keith Pitt on Friday said that the positive data for April... 

Miners contributing to A$8bn trade surplus in April
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