https://www.miningweekly.com
R/€ = 17.50 Change: -0.04
R/$ = 14.79 Change: 0.00
Au 1800.37 $/oz Change: -7.71
Pt 1055.46 $/oz Change: -7.11
 

Covid-19 News

Fresh moves under way to address debt albatross at lossmaking Eskom 

By: Terence Creamer     30th October 2020 Public Enterprises Minister Pravin Gordhan said on Friday that a “second round” of work is being initiated in an effort to find a solution to Eskom’s unsustainable debt burden in line with the recent social compact between government, community, labour and business to “mobilise funding to address... 

MC Mining's Uitkomst returns to steady-state production  

By: Tasneem Bulbulia     30th October 2020 The progressive easing of lockdown measures allowed coal miner MC Mining’s Uitkomst Colliery to return to steady-state production, while international coal prices trended positively during September and October, acting CEO Brenda Berlin said in a statement of the company’s results for the three... 

Brenda Berlin
Brenda Berlin

WA set to lift hard borders

By: Esmarie Iannucci     30th October 2020 The Chamber of Minerals and Energy (CME) of Western Australia has welcomed the state government’s decision to relax the state’s hard borders from November 14, allowing quarantine-free travel from those in Queensland, South Australia, Tasmania, the Northern Territory and the Australian Capital... 

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

Sibanye-Stillwater says operational recovery progressing well 

By: Donna Slater     29th October 2020 JSE-listed gold and platinum group metals (PGMs) miner Sibanye-Stillwater says its operational recovery from the severe Covid-19-induced lockdown in South Africa has progressed well to date. The build-up to normalised production levels at the miner’s South African operations has progressed... 

Sibanye-Stillwater says operational recovery progressing well

Resources Watch  

29th October 2020 This week: Gold Fields 40 MW solar power application making good progress Platinum well positioned in hydrogen economy’s sweet spots And, Experience from other health crises shaped mining industry’s rapid pandemic response  

Resources Watch
Resources Watch

Gold demand recovering, but impact of possible 'second wave' of Covid-19 infections uncertain

By: Simone Liedtke     29th October 2020 Overall global gold demand decreased by 19% year-on-year to 892 t in the third quarter, owing largely to consumers still feeling the impact of the Covid-19 pandemic, says the World Gold Council (WGC) in its latest 'Gold Demand Trends' report. Published on October 29, the report indicates that... 

WGC market intelligence manager Krishan Gopaul
WGC market intelligence manager Krishan Gopaul

Danakali, AFC in talks as equity funding conditions unlikely to be met by Nov 21

By: Donna Slater     26th October 2020 Although ASX- and LSE-listed potash producer Danakali has been working in “good faith” to satisfy the conditions precedent for the Africa Finance Corporation’s (AFC’s) second tranche equity funding of $28.5-million, the company’s board now considers it unlikely that the conditions precedent will... 

Implats reports significant ESG progress for this year 

By: Simone Liedtke     26th October 2020 Platinum group metals miner Impala Platinum (Implats) made significant progress on its environmental, social and governance (ESG) goals during this year, as highlighted in its ESG report released on October 26. Referring to the miner’s workforce specifically, a statement by social, transformation... 

‘Great opportunity’ to tap Mpumalanga’s grid capacity for just transition – IPP Office   

By: Terence Creamer     26th October 2020 The extension of South Africa’s Renewable Energy Development Zones (REDZs) to areas where coal jobs are at risk, but where grid capacity is available, represents a “great opportunity” to connect new renewable-energy generators while also supporting a just transition for coal workers, a senior... 

‘Great opportunity’ to tap Mpumalanga’s grid capacity for just transition – IPP Office
IPPO head of technical Pervelan Govender told participants attending the virtual 2020 edition of Windaba that there was potential grid and just-transition virtue to be derived from locating new renewables projects in Mpumalanga. Video & Editing: Kutlwano Matala & Nicholas Boyd. 16.10.2020

Olaroz operations suspended owing to Covid cases

By: Esmarie Iannucci     26th October 2020 Lithium miner Orocobre has temporarily suspended operations at its Olaroz lithium facility, in Argentina, following positive Covid-19 tests at the site. The ASX- and TSX-listed miner said that operations have been suspended to allow cleaning of the site and rotation of staff after 35 employees... 

Olaroz operations suspended owing to Covid cases

Gold Fields, export tax, coal mine disposal make headlines  

23rd October 2020 Mining Weekly Editor Martin Creamer unpacks Gold Fields' application for a 40MW solar power plant at South Deep, the export tax on chrome ore and coal mine disposal exacerbating CO2 emissions.   

Gold Fields, export tax, coal mine disposal make headlines
Gold Fields, export tax, coal mine disposal make headlines

Experience from other health crises shaped mining industry’s rapid pandemic response 

By: Nadine James     23rd October 2020 While virologists and risk analysts have been theorising about the effects of a global pandemic for years, few could have imagined the Covid-19 pandemic’s transformative impact on society. Even after the World Health Organisation declared Covid-19 a public health emergency in January, “how many... 

Experience from other health crises shaped mining industry’s rapid pandemic response
Minerals Council South Africa CEO Roger Baxter discusses the industry's Covid-19 response.

Procurement of 11.8 GW only the ‘first step’ in full elimination of load-shedding threat – De Ruyter 

By: Terence Creamer     22nd October 2020 State-owned power utility Eskom, which is ramping up the maintenance of its unreliable and unpredictable coal power stations, anticipates that there will be a ‘step change’ in the performance of the fleet from April 2021, but has also warned that the risk of load-shedding will persist until at... 

CEO Andre de Ruyter and COO Jan Oberholzer
Photo by Creamer Media's Donna Slater
CEO Andre de Ruyter and COO Jan Oberholzer

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... 

ifm Australia’s Freddie Coertze and Aditya Kunder.
ifm Australia’s Freddie Coertze and Aditya Kunder.

Kumba on track to deliver full-year guidance

By: Tasneem Bulbulia     22nd October 2020 Anglo American subsidiary Kumba Iron Ore continued to achieve a good operational performance in the quarter ended September 30, demonstrating business resilience and a capacity to successfully adapt to working under Covid-19 conditions, CE Themba Mkhwanazi said on October 22. “Our first priority... 

Woodside revenues fall on lower oil price

By: Esmarie Iannucci     22nd October 2020 Australian oil and gas producer Woodside Petroleum has reported a 9% fall in sales revenue during the three months to September, despite a 2% increase in production. Production during the three months to September reached 25.3-million barrels of oil equivalent, up 2% from the June quarter, while... 

Resources Watch  

22nd October 2020 This week: Southern Africa’s green hydrogen buy-in exceeding expectations; New venture capital incubation fund targeting small-scale mining space; And, environmental under-investment comes back to bite 

Resources Watch
Resources Watch

Platinum well positioned in hydrogen economy’s sweet spots – WPIC  

By: Martin Creamer     21st October 2020 The upcoming platinum demand of Hyundai alone could come close to taking up the total annual production of one of South Africa’s biggest platinum mines. Hyundai has stated categorically, in a double-page advertisement in The Economist of London, that it will be making 700 000 fuel cell stacks a... 

World Platinum Investment Council director of research Trevor Raymond.
World Platinum Investment Council research director Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Massive grid investment needed to unlock IRP’s 30GW-by-2030 vision  

By: Terence Creamer     20th October 2020 State-owned electricity utility Eskom is warning that a significant and accelerated expansion of South Africa’s grid infrastructure, beyond that catered for by its current R118-billion investment plan to 2030, is required to integrate the 30 GW of mainly wind and solar generators that will have... 

 Massive grid investment needed to unlock IRP’s 30GW-by-2030 vision

40 MW solar power application making good progress ­– Gold Fields  

By: Martin Creamer     20th October 2020 The application for the establishment of a 40 MW solar power plant at the South Deep gold mine in western Gauteng is in process and making good progress, Gold Fields CEO Nick Holland said on Monday. Responding to Mining Weekly during the Johannesburg- and New York-listed company’s virtual... 

Gold Fields ESG-linked Tarkwa-to-Damang mine road opening in Ghana.
Gold Fields ESG presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Oil Search cuts investments

By: Esmarie Iannucci     20th October 2020 ASX-listed Oil Search has lowered its capital investment guidance for 2020 as lower oil prices continued to prevail. The company on Tuesday noted that capital investment for the 2020 financial year is expected to reach between $390-million and $460-million, down from the previously budgeted... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

Jonathan Metcalfe
PwC Hydrogen Report 2020 covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater  

By: Martin Creamer     19th October 2020 The fast-tracking of the hydrogen economy will be much quicker than most people have imagined, Sibanye-Stillwater CEO Neal Froneman said at the Financial Times (FT) Commodities Mining Summit, where he was part of a panel that included Anglo American Platinum CEO Natasha Viljoen and South32 CEO... 

Top from left, Henry Sanderson and Neal Froneman. Bottom from left, Graham Kerr and Natascha Viljoen.
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Report discusses challenges, options as world continues to drive decarbonisation agenda 

By: Simone Liedtke     16th October 2020 While the global shift from fossil fuels to renewables is helping new ecosystems and technologies to emerge, many of the pursued steps towards decarbonisation pose unique challenges. Many participants in the energy and resources industries have declared an intention to become carbon neutral by... 

Deloitte Africa energy, resources and industrials leader Andrew Lane
Deloitte's Andrew Lane discusses the company's new global report and value beyond compliance with Creamer Media journalist Simone Liedtke. Video: Recorded on Zoom. Editing: Creamer Media's Nicholas Boyd.

Independent grid and market operator ‘required’ to attract much-needed generation investment – De Ruyter  

By: Terence Creamer     15th October 2020 Eskom CEO Andre de Ruyter has drawn a direct link between securing the investment required to address South Africa’s growth-sapping electricity supply gaps – including some R100-billion to further develop the grid in ways to unlock what will be mostly private generation investment ­– and the... 

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

Ramaphosa promises rapid power roll-out, but two-year timeframe for solving crisis ambitious 

By: Terence Creamer     15th October 2020 President Cyril Ramaphosa listed the rapid expansion of South Africa’s electricity generation, primarily through the building of additional renewable-energy capacity, as a key priority in government’s long-waited ‘Reconstruction and Recovery Plan’, which he unveiled in Parliament on Thursday. The... 

President Cyril Ramaphosa
President Cyril Ramaphosa

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... 

Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Replacing value, Pearl Gray, green hydrogen economy make headlines  

15th October 2020 Mining Weekly Editor Martin Creamer discusses a call for mining companies to convince investors to replace the value being taken out of the ground, the new venture capital incubation fund that is targeting small-scale mining and Southern Africa’s buy-in into the green hydrogen economy concept.   

Replacing value, Pearl Gray, green hydrogen economy make headlines
Replacing value, Pearl Gray, green hydrogen economy make headlines

Resources Watch  

15th October 2020 Mining majors must convince investors of need to replace value; Exploration strategy in three months, hydrogen under scrutiny; and, Flow-through must form part of overall exploration strategy 

Resources Watch
Resources Watch

Hydrogen-linked Platinum Valley Corridor Project under way – Nzimande 

By: Martin Creamer     15th October 2020 A Platinum Valley Corridor Project being developed as part of South Africa’s economic recovery was outlined by Higher Education, Science and Innovation Minister Dr Blade Nzimande on Wednesday. Taking part in the third Hydrogen Energy Ministerial meeting held virtually, Nzimande described the... 

Higher Education, Science and Innovation Minister Dr Blade Nzimande
Photo by Creamer Media
Higher Education, Science and Innovation Minister Dr Blade Nzimande

Solar ‘new king’ of electricity, but shift to net zero will require ‘unwavering efforts from all’ 

By: Terence Creamer     13th October 2020 The International Energy Agency (IEA) has declared solar the “new king” of electricity, arguing that, while renewables technologies as a whole are poised for rapid growth over the coming several decades, solar will be “at the centre of this new constellation of electricity generation... 

Solar ‘new king’ of electricity, but shift to net zero will require ‘unwavering efforts from all’

Kirkland increases output in Sept quarter

By: Esmarie Iannucci     13th October 2020 Triple listed gold miner Kirkland Lake Gold has reported a 37%, or 91 184 oz increase in production for the third quarter of 2020, compared with the previous corresponding period. The ASX, TSX, and NYSE-listed company produced 339 584 oz of gold in the three months to September, with... 

Kirkland Lake CEO Tony Makuch says Detour Lake was the 'right acquisition at the right time'.
Kirkland Lake CEO Tony Makuch says Detour Lake was the 'right acquisition at the right time'.

Sibanye-Stillwater addresses multi-front Covid-19 social upliftment

By: Donna Slater     9th October 2020 Precious metals miner Sibanye-Stillwater has undertaken several social upliftment initiatives in South Africa since the outbreak of Covid-19, including financial support for non-working employees, financial contributions to relief funds, providing potable water and sanitisation solutions,... 

Exploration strategy, flow through share scheme, Sedibelo Platinum make headlines  

9th October 2020 Mining Weekly Editor Martin Creamer unpacks the DMRE's exploration strategy, South Africa needing a flow-through share scheme and Sedibelo Platinum mines close to listing.   

Exploration strategy, flow through share scheme, Sedibelo Platinum make headlines
Exploration strategy, flow through share scheme, Sedibelo Platinum make headlines

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... 

Advocate Thabo Mokoena
Mining Weekly’s Martin Creamer reporting on DMRE DG Advocate Thabo Mokoena. Video: Darlene Creamer.
4 5 6 7
8
9 10 11 12
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
Free daily email newsletter Register Now
Register Close