https://www.miningweekly.com
R/€ = 17.21 Change: -0.14
R/$ = 16.50 Change: -0.21
Au 1810.70 $/oz Change: -4.32
Pt 892.00 $/oz Change: -24.50
 

CSR News

As Mpumalanga towns plot future beyond coal, workers express pain over mine closures 

By: Terence Creamer     27th August 2021 The Steve Tshwete local municipality, in Mpumalanga, which is at the epicentre of South Africa’s coal industry, is revising its Local Economic Development (LED) strategy to take account of the anticipated closure of coal mines and power stations and create the framework for a more diversified... 

Machine learning reaches mineral prospecting

By: Halima Frost     27th August 2021 The partnership between mining consulting services provider The MSA Group and Canadian mining software developer Koan Analytics has resulted in machine learning being available to minerals explorers in South Africa and throughout the world. “The partnership offers access to the most advanced... 

A map of ore deposits in a x-ray type image Ontario Canada for MSA Group and Koan
MINERAL MAP Clients will be able to use machine learning technology to map mineral resources across the globe

New horizons for uranium as a green metal – Sibanye-Stillwater  

By: Martin Creamer     26th August 2021 Precious and green metals portfolio company Sibanye-Stillwater on Thursday presented new horizons for uranium, which it described as a significant element in its green metals portfolio. Speaking after the company shot the lights out with record dividend-rich financial results, Sibanye-Stillwater... 

Creamer Media picure of Neal Froneman
Precious and green metals portfolio company Sibanye-Stillwater on Thursday presented new horizons for uranium.

Independent auditing of community trust funds will now be enforced – RBM  

By: Martin Creamer     25th August 2021 External auditing of community trust funds by independent auditors will now be enforced and transparency optimised, said Richards Bay Minerals (RBM) MD Werner Duvenhage on Wednesday. While the auditing by independent auditors of the trust funds has always been a requirement, enforcement has been... 

Pic of MD Duvenhage supplied by RBM
Richards Bay Minerals MD Werner Duvenhage

With Richards Bay Minerals operations resuming is there still hope for Zulti South? 

By: Martin Creamer     24th August 2021 Diversified mining company Rio Tinto announced on Tuesday that it had commenced the process of restarting operations at Richards Bay Minerals, in KwaZulu-Natal. This follows a stabilisation of the security situation around the mine, supported by the national and provincial government, as well as... 

A picture showing flaming mineral sands metals at Richards Bay Minerals in KwaZulu-Natal.
Activity at Richards Bay Minerals.

Resources Watch  

24th August 2021 This week: Omnia firmly in a growth phase following restructuring; Thungela speedy in putting R6m into trust for communities around its coal mines; and, Marikana massacre commemorated with second yearly memorial lecture 

Resources Watch image
Resources Watch

IDC in discussion on the introduction of an exploration fund – Demana   

By: Martin Creamer     23rd August 2021 The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly.... 

Reginald Demana picture from files
IDC Mining, Metals, Infrastructure & Energy Head Reginald Demana interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Construction of 40 MW South Deep solar plant under way – Gold Fields  

By: Martin Creamer     20th August 2021 The construction of the 40 MW solar power plant at South Deep gold mine in Gauteng is under way. “We’ll deliver South Deep’s solar plant in the second quarter of next year,” Gold Fields CEO Chris Griffith said during Gold Fields presentation of the dividend-enhanced, 33%-higher half-year... 

Screenshot of Chris Griffith taken during online Gold Fields presentation in August 2021.
Gold Fields presentation of half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

World-first plant supplied

20th August 2021 Metallurgical industry plant supplier SMS group last month announced that it had supplied a world-first greenfield e-scrap recycling plant for precious metals to plastics recycling giant Ecopolis Corporation. Following a multi-month commissioning phase, SMS group handed over a greenfield... 

A stock image of electronic waste
ONE MAN'S TRASH Precious metals such as platinum can now be extracted from waste materials at a luxury car manufacturer in Russia

Turnkey projects to improve clients’ capacities

By: Halima Frost     20th August 2021 Vereeniging-based furnace and industrial services provider Dickinson Group of Companies (DGC) is executing two substantial projects in the local platinum group metals (PGMs) sector to improve the clients’ production capacities. “The full turnkey projects incorporate the majority of services... 

A large furnace being assembled and supplied to a platinum group metals client by Dickinson Group
COMPLETE COVER The full turnkey solution offered by Dickinson is currently being used on two platinum clients projects

PGMs help keep economy afloat

By: Halima Frost     20th August 2021 Market research company Frost & Sullivan Africa consultant Yaa Agyare-Dwomoh tells Mining Weekly that even though Covid-19 has negatively affected the majority of industries in South Africa, the mining industry proved to be relatively resilient, with mining companies enjoying increased gains. She... 

Raw platinum being held in a white glove, image from Bloomberg
HAND OUTS Owing to the positive impact the platinum sector has had even during the Covid-19 pandemic, the economy has needed less assistance than anticipated

Sustainable management imperative for mining

20th August 2021 Effective and efficient water management is a key aspect of all mining operations and is often one of the single most important considerations for developing an environmentally safe and sustainable mining project, say consulting engineering firm Knight Piésold Southern Africa senior... 

Headway made into improved representation of women in mining – Minerals Council

By: Donna Slater     19th August 2021 In marking its second National Day of Women in Mining on August 19, the Minerals Council South African and the Women in Mining Leadership Forum (WiMLF) initiative say they have made inroads into better representation of women in the mining industry. The first National Day of Women in Mining held... 

Partnership formed to teach rural women excavator operating skills 

By: Donna Slater     19th August 2021 As part of efforts to uplift women during Women’s Month, South Africa-focused platinum developer Nkwe Platinum and multinational gold and copper explorer and developer Zijin Mining Group, have partnered with heavy machinery manufacturer Sany Southern Africa, to provide an entry-level excavator... 

A Sany excavator
Photo by Creamer Media's Donna Slater
An excavator instructor supervises one of the women undergoing excavator operating training at Sany's Boksburg depot

Alrosa commits $2.7m to build houses in Yakutia after forest fires

By: Schalk Burger     19th August 2021 Diamond miner Alrosa has committed about $2.7-million for the construction of houses in the Byas-Kyuel village in the Gorny district of Yakutia, Russia, which has been impacted by forest fires. “Alrosa is working closely with the Yakut government at this difficult time for the region, providing... 

South Africa on verge of nice breakthroughs in hydrogen, says new SAIMM president  

By: Martin Creamer     17th August 2021 South Africa is on verge of nice breakthroughs in hydrogen, says newly elected Southern African Institute of Mining and Metallurgy (SAIMM) president Isabel Geldenhuys. Speaking to Mining Weekly in a Zoom interview, Geldenhuys expressed the view that all the big mines with big moving machinery... 

An image of new SAIMM president Isabel Geldenhuys
South African Institute of Mining and Metallurgy president Isabel Geldenhuys interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore, Britishvolt sign strategic partnership for long-term supply of cobalt

By: Tasneem Bulbulia     17th August 2021 Diversified mining and marketing company Glencore has entered into a long-term strategic partnership to supply UK-based lithium-ion battery cell technologies investor Britishvolt with responsibly sourced cobalt. The partnership represents a major milestone for Britishvolt on its quest to assist... 

Thungela speedy in putting R6m into trust for communities around its coal mines  

By: Martin Creamer     16th August 2021 With the new Thungela Resources only months old, the JSE- and London-listed coal mining company has already put an initial R6-million into a trust for the benefit of the communities living around its coal mining operations. The first distribution to the Community Partnership Plan was made on June... 

Screenshot taken by Creamer Media of July Ndolvu during August 2021 presentation of results.
Thungela CEO July Ndlovu interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Thermal coal price recovery buoys Thungela maiden interim  

By: Martin Creamer     13th August 2021 New coal mining company Thungela Resources on Friday reported interim results for the six months ended June 30 after one month of operating as an independent business. Thungela generated half-year operating profit of R990-million, adjusted earnings before interest, taxes, depreciation and... 

Picutre of Thungel CEO provided by Thungela
Thungela CEO July Ndlovu

Battery minerals demand unlocks exploration

By: Nadine Ramdass     13th August 2021 Increased interest in the development of electric vehicles (EVs) and battery storage has created demand for the minerals required for their development. This, in turn, provides opportunities to explore such minerals, which ASX-listed exploration and development company Celsius Resources is... 

An image of drilling at Celsius Resources' Opuwo project
DRILLING AT OPUWO Opuwo project is in a politically stable region

New report explores solutions to ensure mining-affected communities receive rightful benefits

By: Tasneem Bulbulia     12th August 2021 Nonprofit organisation Corruption Watch this week released its ‘Improving Transparency and Accountability in the Flow of Benefits to Mining Communities’ report, and an accompanying legal review, titled ‘Distribution of Mining Equity to Community Trusts’, with these highlighting the persistent... 

Coal miner Exxaro to spell out decarbonisation strategy on Sept 20  

By: Martin Creamer     12th August 2021 The investment by diversified coal, energy and ferrous resources group Exxaro Resources in the renewable energy company Cennergi will further support the company’s decarbonisation strategy, Exxaro CEO Mxolisi Mgojo said when the JSE-listed company reported sterling half-year financial results... 

Screenshot of Exxaro CEO during presentation of half-year 2021 results.
Exxaro half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Amcu to commemorate Marikana, celebrate Women’s Month with upcoming events

By: Donna Slater     11th August 2021 In paying tribute to the 44 mineworkers killed at Marikana on August 16, 2012, labour union the Association of Mineworkers and Construction Union (Amcu) will host its ninth commemorative event this week. The events will include a memorial lecture on August 11 and the main commemorative event on... 

Friendly South African face could quickly attract exploration investment – Bristow 

By: Martin Creamer     11th August 2021 South Africa looks a lot like the global gold mining industry in that it has not encouraged reinvestment in its mining industry’s future, says Barrick Gold president and CE Dr Mark Bristow. "In fact, if anything, South Africa has harvested what it received back in 1994," adds Bristow, a hugely... 

A picture of Mark Bristow, taken from quarterly Barrick presentation on August 9, 2021
Photo by Creamer Media
Barrick president and CE Dr Mark Bristow.

Barrick meets or beats guidance for 10th successive quarter 

By: Martin Creamer     9th August 2021 For the tenth quarter in a row, Barrick Gold has met or beaten guidance, president and CE Mark Bristow said on Monday when the company presented second-quarter results. On an interim basis, earnings totalled $949-million compared with $757-million, largely on the higher refined gold price of $1... 

Picture of Barrick president and CE  Mark Bristow taken by Bloomberg
Photo by Bloomberg
Barrick president and CE Mark Bristow

Ferrochrome is part of the green revolution – Glencore 

By: Martin Creamer     6th August 2021 Diversified mining and marketing company Glencore views the ferrochrome market as being particularly strong currently. “We've seen very healthy ferrochrome prices and good cash generation in that business,” Glencore CEO Gary Nagle said. 

An image showing wind turbines in Canada
Glencore, which uses wind turbine generated energy in Canada and Australia, is looking to also do so in South Africa.

New Women in Mining initiative to launch soon

6th August 2021 Coal mining company Kangra, a subsidiary of mining investment company Menar, located in Saul Mkhizeville, in Mpumalanga is currently establishing a new Women in Mining (WIM) initiative to further empower and safeguard women at the mine. Kangra human resources (HR) officer Buhle Nzuza explains... 

An image of Phalanndwa Colliery ADT operator Nonhlanhla Maseko
NONHLANHLA MASEKO Operating an ADT is tough, but can be greatly rewarding

Step towards holistic ESG in mining

By: Claire O'Reilly     6th August 2021 Regulations concerning environmental, social and corporate governance (ESG) globally have made progress in recent years, with legalisation compelling mining companies to meet specific ESG targets. 

Portrait of Nikita Lalla - LNP Attorney's CE
NIKITA LALLA LNP Attorneys CE

Challenging the norm to drive women inclusion 

By: Simone Liedtke     6th August 2021 The general increase in women working in the local mining sector may not always have been a deliberate move, but minerals processing equipment manufacturer Multotec gravity concentration and polyurethane GM Christina Ramotsabi says more companies are committing to “challenging the norm”. “The... 

Pic of Multotec GM Christina Ramotsabi
Multotec’s Christina Ramotsabi gives more insight into how companies can challenge the norm to drive women inclusion.

Tangible gains derived from ERG Africa’s commitment to women

6th August 2021 Global diversified resources company Eurasian Resources Group’s (ERG’s) African operation’s commitment to women empowerment and gender equality, evident in its Code of Conduct and Human Rights Policy, has provided a strong impetus to its corporate social investment (CSI) initiatives and its... 

An image of ERG Africa CCO Isabel Ramírez
ISABEL RAMÍREZ ERG Africa’s success in attracting and retaining women is the fact that gender inclusivity is enshrined in the company’s corporate culture and in its Code of Conduct

Glencore top-up lifts planned shareholder returns to $2.8-billion 

By: Martin Creamer     5th August 2021 Diversified mining and marketing company Glencore on Thursday announced additional shareholder returns, comprising a $0.5-billion special cash distribution for payment in September and a $650-million share buyback to be completed by the release of full-year results next year. This overall top-up... 

A picture of Gary Nagle, who has taken over from Ivan Glasenberg as CEO of Glencore.
Glencore CEO Gary Nagle

RBPlat CEO Steve Phiri sees PGMs market remaining strong   

By: Martin Creamer     4th August 2021 Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri sees the market for platinum group metals (PGMs) remaining strong for many years to come. In a Zoom interview with Mining Weekly following the JSE-listed PGM mining company’s presentation of outstanding record financial results, Phiri outlined the... 

A picture of the surface operations of the Styldrift mine
Royal Bafokeng Platinum CEO Steve Phiri interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Rhodium again top performer in RBPlat’s revenue basket  

By: Martin Creamer     3rd August 2021 Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... 

Taken during presenetation of half year results in August 2021.
Royal Bafokeng Platinum presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

30 MW solar study will be concluded in second quarter of 2022 – RBPlat  

By: Martin Creamer     3rd August 2021 The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and... 

Screenshot taken during RBPlat's presentation of half-year results, August 2021
Royal Bafokeng Platinum results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Southern Africa part of Germany’s platinum-boosting green hydrogen strategy  

By: Martin Creamer     2nd August 2021 Green hydrogen, which can be generated and then used with the help of Southern Africa’s platinum group metals (PGMs), is a topic that has gained a lot of importance in recent months in the context of limiting global warming and meeting the world’s decarbonisation goals. In Germany, the increased... 

Picture of Dr Jan Olwoch moderating green hydrogen atlas event.
Green Hydrogen Atlas Africa data validation workshop covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Anglo working towards collaborative decarbonised energy advance across South Africa  

By: Martin Creamer     30th July 2021 Anglo American, which will have all of its South American operations on renewable energy by the end of next year, is working towards trying to achieve a collaborative multi-company government- and Eskom-linked decarbonised energy advance across South Africa. Speaking to Mining Weekly in a Zoom... 

Mark Cutifani interviewed by Mining Weekly.
Anglo American CEO Mark Cutifani speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Success in sustainable community development initiative

By: Anna Moross     30th July 2021 Global diversified resources company Eurasian Resources Group (ERG) has pledged more than $1-million over the past four years to support its activities in the Democratic Republic of Congo (DRC), in partnership with nonprofit organisation the Good Shepherd International Foundation (GSIF).  

An image of the launch of the Bon Pasteur Alternative Livelihood programme in Kolwezi, in the DRC
ALTERNATIVE LIVELIHOOD PROGRAMME The programme aims to promote fair and sustainable development in the mining communities in the Kolwezi region

Developing social climate spurs ESG activity

By: Anna Moross     30th July 2021 Proactive action in environmental, social and corporate governance (ESG) initiatives highlights the increasing importance of companies showing transparency and accountability in the ever-evolving social climate, explains Old Mutual Investment responsible investing group head Jon Duncan. 

Jon Duncan Old investing group head of Old Mutual Investment
JON DUNCAN Using ESG goals and green finance can enable mining companies to create opportunities to reduce energy and water consumption or carbon emissions while improving operational performance
5 6 7 8
9
10 11 12 13
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
Free daily email newsletter Register Now