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Diversified Miners

Anglo American CEO Duncan Wanblad
Anglo achieves its best ever safety record, but reiterates commitment to zero harm
22nd February 2024 By: Darren Parker

Mining major Anglo American has achieved its lowest ever total recordable injury frequency rate of 1.78 in 2023, down from 2.19 in 2022, along with the company’s lowest ever monthly rate of 0.91 in... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Teck Resources Q4 profit beats targets on strong coal sales, copper output
Teck Resources Q4 profit beats targets on strong coal sales, copper output
22nd February 2024 By: Reuters

Canadian miner Teck Resources beat fourth-quarter profit estimates on Thursday, helped by an increase in steelmaking coal sales and record copper production. The company also benefited from higher... 


Simandou’s high-grade, low impurity formation is a rare opportunity for Rio Tinto to diversify its portfolio, particularly as demand increased for grade suitable for greener steel.
Rio Tinto board approves Simandou investment
22nd February 2024 By: Mariaan Webb

The board of Rio Tinto has given the nod to the Simandou iron-ore project, in Guinea, CEO Jakob Stausholm has revealed. The approval is contingent on meeting outstanding conditions, including... 


Resources Watch
Resources Watch
21st February 2024

This week: South Africa looks to Japanese collaboration on green hydrogen development and, Power aggregators seen as key accelerators of South African mining’s energy transition 


Photo of Martin Creamer
Major hydrogen economy developments in SA
21st February 2024

Mining Weekly Editor Martin Creamer discusses BMW's hydrogen-fuelled cars on South Africa’s roads; Heraeus and Sibanye-Stillwater’s PGMs partnership to boost the hydrogen economy; and South... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto posts lower FY profit
21st February 2024 By: Mariaan Webb

Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion.... 


An image showing part of Sibanye-Stillwater's Marikana operation
Unions express dismay over mining sector retrenchments
20th February 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Forge Academy launches new 4IR training centre in partnership with Sibanye-Stillwater
19th February 2024 By: Schalk Burger

Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two... 


Rare earth oxides
Altona diversifies into other critical materials
19th February 2024 By: Marleny Arnoldi

While London-listed Altona Rare Earths advances its Monte Muambe rare earths project, in Mozambique, the company has also decided to pursue a balanced portfolio of critical raw materials projects... 


UCT research aims to help stakeholders mitigate mine closure risks
19th February 2024 By: Tasneem Bulbulia

Research published in the International Journal of Mining by University of Cape Town (UCT) Future Water Institute academic Dr Megan Cole has indicated that 48 of South Africa’s 230 operating mines... 


An image showing gold bars
Geopolitical unrest to cause volatility for commodities – RMB
16th February 2024 By: Tasneem Bulbulia

With geopolitical instability persisting globally, especially in the form of conflict between Russia and Ukraine and in the Middle East, commodities are set for a volatile year, and the risk of... 


Amplats' Unki mine, in Zimbabwe
Amplats attains IRMA standard for three platinum mines in Southern Africa
16th February 2024 By: Marleny Arnoldi

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has passed the audit for Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining standard for two of its... 


Energy transition driving continued surge in metals, mining M&A activity
16th February 2024 By: Tasneem Bulbulia

The ongoing surge in mergers and acquisitions (M&A) activity in the metals and mining sector is expected to continue into this year, driven by the global energy transition, with industry players... 


A group of make shift tents and lean to's in the DRC Bush which houses artisanal miners and their families
DRC investment to be buoyed by elevated copper price
16th February 2024 By: Halima Frost

A forecasted increase in global copper prices will encourage continued investment in the “copper and cobalt mining powerhouse of Africa” – the Democratic Republic of the Congo (DRC) – reports... 


The collapse of the tailings dam in Mariana in 2015 caused a mudslide that killed 19 people and severely polluted the Rio Doce river.
Vale to follow BHP on new provisions over dam failure, analysts say
15th February 2024 By: Reuters

Brazilian miner Vale is expected to hike its provisions after BHP Group flagged a $3.2-billion impairment related to the failure of a dam operated by their joint venture Samarco, analysts said.... 


Photo of Martin Creamer
Reforms, Mining Exploration Fund, black ownership make headlines
15th February 2024

Mining Weekly Editor Martin Creamer discusses the need for energy and logistics reforms for sustainable mining; the agreement between the Department of Mineral Resources and Energy and the IDC for... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Urgent policy reforms the only way to save the mining sector, says Old Mutual Investment Group
15th February 2024 By: Tasneem Bulbulia

It is policy uncertainty that is deterring investors from investing in the country’s mining sector and structural reform is needed to allow the sector to regain competitiveness, Old Mutual... 


It is an uncertain time for the Western Australia nickel industry
BHP considers closing WA Nickel, flags impairments
15th February 2024 By: Mariaan Webb

Diversified mining major BHP is considering closing its Western Australia Nickel operations, amid the sharp fall in prices, the company announced on Thursday. BHP said it could place Nickel West... 


The Hermosa project in the US state of Arizona
South32 board approves $2.16bn US zinc mine
15th February 2024 By: Mariaan Webb

The board of South32 has given the green light for the development of the Taylor polymetallic deposit – the first development at its regional-scale Hermosa project in the US state of Arizona. The... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
Hydrogen cars come into sharp new focus as global climate politics takes turn for better
14th February 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


An image of SRK Consulting South African consulting practice director Robert Armstrong
SRK Consulting makes director, partner appointments in South African operations
14th February 2024 By: Tasneem Bulbulia

Global consultancy SRK Consulting has appointed partner and principal geologist (geotechnical) Robert Armstrong as a director in its South African consulting practice. Armstrong has been with the... 


Resources Watch
Resources Watch
14th February 2024

This week: Multotec optimistic about African mining; Mining needs new ways to increase productivity; and, FLSmidth discusses innovations for sustainable mining 


Anglo American's new head office in Oxford Road
Bambili close to finishing feasibility study on hydrogen fuel cell power system for Anglo’s head office
13th February 2024 By: Darren Parker

Diversified mining major Anglo American has selected hydrogen energy solutions company Bambili Energy to deploy a 2 MW hydrogen fuel cell power system lighthouse project to provide electricity at... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Opinion: Takeways from the 2024 Mining Indaba
Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being... 


An image of Stats SA principal survey statistician Juan-Pierre Terblanche
Mixed bag for December mining production, sales
13th February 2024 By: Tasneem Bulbulia

Mining production increased by 0.6% year-on-year in December, driven by platinum group metals (PGMs) and coal, Statistics South Africa principal survey statistician Juan-Pierre Terblanche outlines.... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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