R/€ = 17.14 Change: -0.03
R/$ = 16.81 Change: -0.01
Au 1743.95 $/oz Change: -24.16
Pt 862.00 $/oz Change: -5.50

CSR News

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Law firm drawing on giga-scale hydrogen project experience to derisk new ventures  

By: Martin Creamer     17th May 2022 Lack of expertise about getting giga-scale hydrogen projects off the ground is a big problem in the industry, say Allen & Overy South Africa’s Alessandra Pardini and Alexandra Cluver, who believe they know how best it should be done from experience gained through project managing three of the... 

Pictures supplied
International law firm speaks to Mining Weekly’s Martin Creamer on giga-scale hydrogen projects. Video: Nicholas Boyd.

South Africa’s high-flying Jubilee creating 800 mostly long-term jobs in Zambia 

By: Martin Creamer     16th May 2022 Diversified metal recovery business Jubilee, which is rolling out an investment of R786-million in South Africa and Zambia, has offered employment and contractor opportunities to more than 800 people in Zambia, the most of which are long term, the company stated in a release on Monday. In Zambia,... 

Screenshot of website image and enhancement
Copper and cobalt in Zambia and platinum group metals and chrome in South Africa.

De Beers in talks with Musina municipality to resolve water issues for the community

By: Darren Parker     13th May 2022 Following protests over water shortages in Musina, Limpopo, over the past few days, a meeting was convened between the Musina local municipality, the Vhembe district municipality and diamond miner De Beers’ Venetia mine to find ways to assist the municipalities in efficiently and safely resolving... 

Supplier introduces tailings portfolio

13th May 2022 Mining equipment supplier Metso Outotec is introducing its comprehensive tailings management solutions offering for the sustainable management of mine tailings. The offering unites the company’s frontrunning products with decades of process expertise and covers tailings thickening and dewatering,... 

Large-scale gold miners should help legitimate artisanal miners access formal markets

By: Darren Parker     12th May 2022 While a large proportion of artisanal or small-scale gold mining (ASGM) in Africa is illegitimate, companies operating in the large-scale gold mining (LSGM) sector in Africa should work to support responsible and legitimate ASGM operations wherever feasible and help them access the formal global... 

World Gold Council CFO Terry Heymann
World Gold Council CFO Terry Heymann

Minimum of 14 000 jobs a year from South Africa’s first hydrogen corridor 

By: Martin Creamer     11th May 2022 South Africa’s first hydrogen corridor now under development has the potential to generate a minimum of 14 000 jobs, $400-million in gross domestic product and $900-million in taxes a year by 2050. In an addition, there is potential to grow platinum group metal (PGM) demand by between 1% to 2%... 

Creamer Media picture.
Photo by Creamer Media
Minerals Council hydrogen briefing from left Allan Seccombe, Roger Baxter and Fahmida Smith.

Vedanta continues to invest in Zambia despite legal dispute over KCM

By: Donna Slater     11th May 2022 Despite a dispute with investment company ZCCM-Investment Holdings over Konkola Copper Mines (KCM), Vedanta Resources Holdings (Vedanta) and its parent company Vedanta Resources has continued with financial and corporate social responsibility programmes in Zambia. In May 2019, the Zambian... 

Minerals Council spells out members’ commitment to climate change mitigation 

By: Martin Creamer     11th May 2022 Members of Minerals Council South Africa have agreed to commit to a climate change response strategy that will reduce Scope 1 and Scope 2 emissions and achieve a net zero emission by 2050 or earlier. Minerals Council South Africa senior health and environment executive Nikisi Lesufi on Tuesday... 

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Photo by Creamer Media
Minerals Council South Africa senior health and environment executive Nikisi Lesufi, closest right, with Minerals Council's Allan Seccombe, left.

Gold Fields’ South Deep to generate own solar at 8.5% of Eskom grid cost

By: Martin Creamer     10th May 2022 Gold Fields’ South Deep gold mine west of Johannesburg in Gauteng will be generating its own solar power at a mere 8.5% of the cost of power from the national grid. The JSE- and New York-listed company is also optimistic that it will be successful in augmenting the solar power generated with wind... 

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Gold Fields VP South Africa Martin Preece

South Africa keen to harness hydrogen economy opportunities, President Ramaphosa tells Indaba  

By: Martin Creamer     10th May 2022 It was just amazing to see the innovation that the mining industry is capable of scaling up, President Cyril Ramaphosa told the Investing in African Mining Indaba in his enthusiastic address on Tuesday. “Last week, I attended the launch by Anglo American of the world’s largest hydrogen-powered... 

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Photo by Creamer Media
President Cyril Ramaphosa at the Investing in African Mining Indaba.

Impact Catalyst leverages collaboration, opportunities to achieve ‘impact beyond scale’ 

By: Simone Liedtke     10th May 2022 The initiatives of the Impact Catalyst will leverage collaboration and pursue opportunities across sectors to achieve impact beyond the scale of individual participants, says CEO Charl Harding, who adds that the Impact Catalyst is a driver of change and large-scale socio-economic development... 

Impact Catalyst leverages collaboration, opportunities to achieve ‘impact beyond scale’
The Impact Catalyst CEO Charl Harding speaks to Mining Weekly at Mining Indaba 2022. Video & Editing: Creamer Media's Nicholas Boyd.

South Africa has significant implementation crisis – Minerals Council 

By: Martin Creamer     9th May 2022 South Africa has a significant implementation crisis. A number of government departments and parastatals were hollowed out. Capacity is a significant issue in almost every parastatal – water authorities, Eskom, Transnet and across the board. “We’re not rushing in to take over activities because... 

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Minerals Council South Africa CEO Roger Baxter.

Open letter to Mantashe bemoans lack of SLP enforcement

By: Darren Parker     9th May 2022 In an open letter to Mineral Resources and Energy Minister Gwede Mantashe, the Sekhukhune Combined Mining-Affected Communities (SCMAC), the Centre for Applied Legal Studies (CALS) and Amnesty International South Africa (AISA) raised concerns about the Department of Mineral Resources and Energy’s... 

Mineral Resources and Energy Minister Gwede Mantashe
Photo by Creamer Media
Mineral Resources and Energy Minister Gwede Mantashe

Energy transition presents opportunity to build inclusive ecosystem – Wanblad 

By: Martin Creamer     9th May 2022 The energy transition currently under way presents a fresh opportunity for South Africa to build a clean and inclusive energy ecosystem that can create new and significant economic opportunities for the African continent. This continent, with its vast natural reserves of abundant sun and wind,... 

Picture supplied.
New Anglo American CE Duncan Wanblad

How the mining sector can unearth SA’s most valuable resource with YES 

By: Simone Liedtke     9th May 2022 The South African mining industry can play an important part in tackling the country’s unemployment crisis, particularly when it comes to youth employment and the upliftment of mining communities. The Youth Employment Service (YES) partners with mining companies to help them achieve the... 

The Youth Employment Service partners with mining companies to help achieve objectives detailed in the Mining Charter
Yes4Youth CEO Ravi Naidoo talks to Mining Weekly at Mining Indaba 2022. Video & Editing: Nicholas Boyd.

Green hydrogen can be produced in South Africa immediately, coal conference hears

By: Martin Creamer     6th May 2022 The generation of green hydrogen is achievable in South Africa immediately and is not a complicated process, Sasol just transition office head David Kawesha said on Friday. “You just need the renewable energy resource, electrolysers to split water, and that’s really what the basic process is,”... 

Picture taken by Creamer Media
Photo by Creamer Media
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.

Only way to fix Eskom, Transnet is to work as SA Inc, conference hears 

By: Martin Creamer     6th May 2022 Putting South Africa’s 60-million people first and working as South Africa Incorporated – SA Inc – is the only way to solve the problems of this country’s biggest State-owned enterprises, Eskom and Transnet. This message was put out loudly and clearly during a panel discussion at McCloskey’s... 

Picture supplied
Sereti CEO Mike Teke

World Coal Association favours just energy transition to net zero future  

By: Martin Creamer     5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... 

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Photo by Creamer Media
World Coal Association chairperson July Ndlovu

Cash-flush Barrick Gold funding reintroduction of white rhinos to DRC national park 

By: Martin Creamer     4th May 2022 Gold mining company Barrick Gold, which has just reported an outstanding set of first quarter financial results, is funding the reintroduction of white rhinos to the Democratic Republic of Congo (DRC), where it mines at Kibali Gold Mine. Since agreement on the repatriation of revenue from Kibali... 

Screenshot of Barrick map.
Barrick Gold restoring rhino to park near Kibali mine.

South Africa would do well to highlight its key iridium status to world that needs this very rare metal  

By: Martin Creamer     3rd May 2022 South Africa would do well to highlight its key iridium supply status to gain the full confidence of a world that requires this very rare platinum group metal (PGM) to advance the fast-moving hydrogen economy. Iridium is a potent co-roleplayer with PGM stalwart platinum when it comes to... 

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SFA Oxford CEO Henk de Hoop interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore guides higher full-year ferrochrome output with coal marking time 

By: Martin Creamer     28th April 2022 Diversified mining and marketing company Glencore is guiding 3% higher ferrochrome performance for the whole of this year, with no change to its coal production guidance. Full-year guidance for nickel is also up by the same three percentage points but full-year 2022 zinc guidance has been reduced... 

Picture supplied.
Gary Nagle

Petra Diamonds exploring responsible Koffiefontein exit 

By: Martin Creamer     26th April 2022 Diamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company... 

Wimbledon opts for platinum to mark Queen’s jubilee, centre court centenary 

By: Martin Creamer     26th April 2022 In the year of the Queen of England’s platinum jubilee, the coins to be used in the Wimbledon ladies’ and gentlemen’s singles finals coin toss will be made of platinum for the first time in the championships’ history. This follows last month’s unveiling by the UK Royal Mint of its largest ever... 

Image supplied by WPIC
Platinum coin to be tossed at Wimbledon.

New fund approved by Sibanye to foster R&D 

By: Darren Parker     22nd April 2022 The board of diversified miner Sibanye-Stillwater has approved a new fund called the BioniCCubE to foster research and development of new innovations and technologies, as well as market development, by investing in and leveraging strategic partnerships. “This will support the company on our path... 

Sibanye CEO Neal Froneman
Photo by Creamer Media
Sibanye CEO Neal Froneman

RBM commits R5m to support flood relief efforts in KZN

By: Darren Parker     22nd April 2022 Titanium dioxide mining company Richards Bay Minerals (RBM) and its parent company Rio Tinto have announced the commitment of R5-million towards supporting relief efforts in KwaZulu-Natal, following the devastation caused by the recent flooding in the region that killed more than 400 people. “The... 

Globe should rethink energy transition approach – WCA

22nd April 2022 International clean coal interest group World Coal Association (WCA) in March told a global commodities summit in Switzerland that it is time to rethink the approach to the Energy Transition from one of prescribed pathways and fuel choices to one which embraces diversity and all low emissions... 

Trust clears backlog in responding to claimants

22nd April 2022 From February 2022, the Tshiamiso Trust started a process of responding to 12 000 claimants on the outcome of their claims. This addresses a backlog of up to eight months for claims lodged before April 2021. Current and former South African gold mining companies Africa Rainbow Minerals, Anglo... 

Miner contributes $5-million to support Ukraine

22nd April 2022 Gold major Newmont in March announced that it had committed $5-million to support humanitarian efforts relating to the war in Ukraine.  The company stated that it would provide direct support to the world’s largest distributor of donated medical equipment and supplies Project C.U.R.E., nonprofit... 

An image of Newmont president and CEO Tom Palmer
Photo by Bloomberg
TOM PALMER Newmont's values compel it to provide meaningful support to the people of Ukraine who are suffering due to this tragic conflict

Inability to attract youth among challenges facing mining

By: Nadine James     22nd April 2022 Global research indicates that mining, as an industry, has the greatest potential to contribute toward a greener future, and yet it is facing unprecedented recruitment pressures, with advisory services provider BDO stating that new entrants into the workforce are questioning the attractiveness of... 

An image of three trainees and their instructor at the Murry & Roberts Training Academy, with the instructor pointing out how the Booyco Electronic CSX proximity  detection system works
Photo by Murray & Roberts Training Academy
SERVING THE YOUTH? New entrants into the workforce are questioning the attractiveness of a career in the industry, as there is a distinct gap between what Gen Zs want and what the industry currently offers

Miner extends partnership to support women

22nd April 2022 To mark International Women’s Day on March 8, diamond miner De Beers Group announced that it had extended its partnership with WomEng for a further three years. This expands the reach to cover all four of the countries where De Beers discovers diamonds, placing a greater focus on supporting women... 

Image of schoolgirls supported by the De Beers Group and WomEng partnership
INCLUSIVE GROWTH De Beers strives to achieve its goal to engage 10 000 girls and women in STEM by 2030

Amplified buzz around this year’s Mining Indaba

22nd April 2022 Excitement reigns among members of the mining industry as for the first time in many months they prepare to meet facetoface at this year’s Investing in African Mining Indaba, which is to take place at the Cape Town International Convention Centre (CTICC) in Cape Town from May 9 to 12. With many... 

Image of FCM Global Travel GM Bonnie Smith
BONNIE SMITH We cannot deny the convenience of online platforms and the value they added when travel was difficult, but there is no replacement for the quality of personal interactions

Opportunity for Africa to fill commodity gap

22nd April 2022 Forecasts suggest that the global economy is facing a ‘commodity gap’ in the near future as the demand for battery minerals could outstrip supply. Consulting engineers and scientists SRK Consulting director and principal consultant Andrew van Zyl poses the question as to whether Africa could be... 

Image of SRK Consulting director and principal consultant Andrew van Zyl
ANDREW VAN ZYL Africa has made great strides in a range of facets, and we are successfully producing a large range of minerals, including bulk commodities

Gold miner committed to ESG leadership

22nd April 2022 Good environmental, social and corporate governance (ESG) management is essential to gold miner Barrick’s vision of becoming the world’s most valued gold and copper company, says Barrick executive chairman John Thornton in the company’s 2022 Information Circular, published on April 1. The... 

Image of Barrick executive chairman John Thornton
JOHN THORNTON Our rigorous focus on performance and execution against our sustainability strategy enables us to develop and maintain trusted long-term partnerships with all stakeholders

Gold mining aims higher, delivers more

By: Cameron Mackay     22nd April 2022 The gold mining industry is moving towards demonstrating high standards of environmental, social and corporate governance (ESG) performance, and its commitment to transparency and accountability. This trend also stems from encouraging widespread implementation of the responsible gold mining... 

Image of WGC member and market relations head John Mulligan
JOHN MULLIGAN Reducing emissions is aligned with the challenge facing the global economy, and also represents a clear and concentrated opportunity to decarbonise gold

Chaarat Gold looking forward to ‘very green’ production out of Kyrgyz Republic  

By: Martin Creamer     21st April 2022 London Aim-quoted gold mining company Chaarat Gold is looking forward to “very green and sustainable gold production” coming out of the Kyrgyz Republic, where it is developing two gold projects. The of these first is Tulkubash, a near-term opencast heap leach project, and the second a far larger,... 

Picture supplied.
Chaarat Gold CEO Mike Fraser interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

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President Cyril Ramaphosa.

Geopolitical support for hydrogen evolution positive for platinum group metals 

By: Martin Creamer     19th April 2022 The overall geopolitical situation is lending strong support to the hydrogen evolution, which in turn continues to drive the demand for platinum group metals (PGMs). Hydrogen Europe and the European Clean Hydrogen Alliance are now calculating that 2030 will see the generation of 320 GW to 400 GW... 

Picture supplied.
Heraeus Precious Metals Executive VP New Business Development Dr Philipp Walter
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