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Diversified Miners News

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have this year been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director... 

NUM to march next month over rising unemployment in Mpumalanga

By: Simone Liedtke     15th June 2021 The National Union of Mineworkers (NUM) Highveld Region is preparing to march against continued retrenchments, outsourcing, use of labour brokers and the increasing unemployment rate in the Mpumalanga province. The march, to be held on July 15, will be targeted at State-owned utility Eskom, as... 

Exploration geologists, coal reserves, outperforming companies make headlines   

11th June 2021 Mining Weekly Editor Martin Creamer discusses why exploration geologists in Africa need to be allowed to help find new metals and minerals; an opportunity to create new jobs by mining coal reserves in an environmentally correct manner; and mining companies that do their best for the environment... 

Exploration geologists, coal reserves, outperforming companies make headlines
Exploration geologists, coal reserves, outperforming companies make headlines

Electrification, digitalisation and automation to increase mines safety and productivity

By: Donna Slater     10th June 2021 South African mines wanting to drive greater operational safety, productivity and sustainability, as well as increase mine life, should tap into electrification, digitalisation and automation, says engineering company ABB South Africa process industries division manager John Manuell. From a... 

Resources Watch  

10th June 2021 This week: Tender for new modern cadastre system to be invited next week; Hot prices pervading commodities market, CRU tells Junior Indaba; and, Today’s juniors targeting rich beyond-mining value-add of world’s new critical metals  

Resources Watch
Resources Watch

BHP speeds up global small business payments

By: Esmarie Iannucci     9th June 2021 Diversified miner BHP on Wednesday announced that from July 1, the company would implement seven-day payment terms for all small, local and indigenous businesses across its global operations. The change is expected to benefit approximately 4 000 supply partners across 31 countries, including the... 

New Moody’s scores to reflect ESG risks

By: Marleny Arnoldi     8th June 2021 Ratings agency Moody’s has published environmental, social and governance (ESG) issuer profile and credit impact scores for various rated issuers in the global metals and mining sector. This follows on the agency’s publication of ESG scores for a range of corporate issuers, utilities and US... 

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... 

Mining firms with higher ESG ratings outperform market – PwC
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

Major joint effort needed to meet host community challenge – Menar  

By: Martin Creamer     7th June 2021 A major joint effort is needed by big and small mining companies, government, labour, communities and traditional leaders and municipalities to meet the host community challenge facing South Africa’s mining industry, Menar MD Vuslat Bayoglu said on Monday. Speaking to Mining Weekly in a Zoom... 

Major joint effort needed to meet host community challenge – Menar
Menar MD Vuslat Bayoglu interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Anglo responds to dossier on coal demerging, Thungela shares fall 

By: Martin Creamer     6th June 2021 The provision of R6.45-billion on the balance sheet of the demerged Thungela thermal coal company is over and above the regulatory guidance for miners in South Africa, is in accordance with IFRS and audited, and consistent with the provisioning norms within the industry. This was stated to Mining... 

Anglo responds to dossier on coal demerging, Thungela shares fall
Clouds over environmental liabilities.

Jumpers Informal Settlement in Cleveland raided

By: Tasneem Bulbulia     4th June 2021 The Johannesburg Roads Agency (JRA), in partnership with the South African Police Services (Saps), departments and entities of the City of Joburg (CoJ) and private companies that are affected by illegal mining activities, embarked on a joint operation raiding the Jumpers Informal Settlement, in... 

Mantashe speaks out about RBM GM’s murder

By: Marleny Arnoldi     4th June 2021 Mineral Resources and Energy Minister Gwede Mantashe has convened a meeting with senior executives of Richards Bay Minerals (RBM), following the fatal shooting of the mine’s GM Nico Swart on May 24. The Minister was joined by members of the KwaZulu-Natal provincial government, including Premier... 

Battery materials, new cadastre system, digital geoscience data make headlines   

4th June 2021 Mining Weekly Editor Martin Creamer unpacks South Africa being considered for its value-add consolidation advantage to battery materials; the tender for a new modern cadastre system; and geoscience data being digitally available on the Council for Geoscience website.   

Battery materials, new cadastre system, digital geoscience data make headlines
Battery materials, new cadastre system, digital geoscience data make headlines

Ben Wyatt appointed to Rio Tinto board

By: Esmarie Iannucci     4th June 2021 Diversified miner Rio Tinto has appointed former Western Australian Treasurer Ben Wyatt as a nonexecutive director, effective from September 2021. The miner said this week that Wyatt brought extensive public policy, regulatory and international trade experience to the board from his time as... 

Ben Wyatt appointed to Rio Tinto board

Aid critical amid unstable climate

By: Nadine Ramdass     4th June 2021 Dual-listed Gemfields Mining subsidiary Montepuez Ruby Mining (MRM) – a joint venture (JV) with Mozambique-registered company Mwiriti – has prioritised humanitarian services amid insurgent attacks and illegal mining in the northern province of Cabo Delgado, in Mozambique. “Since the incidents of... 

Aid critical amid unstable climate
MRM made 500 bulk kits with basic food products available for distribution

Socioeconomic challenges threaten progressive laws

By: Nadine Ramdass     4th June 2021 Mozambique’s Mining Law and Petroleum Law are progressive and designed to attract investment to the country, but the impact of the declining economy since 2016, the Covid-19 pandemic and an insurgency in northern province, Cabo Delgado, have made it difficult for the country to reap the benefits... 

Socioeconomic challenges threaten progressive laws
WARREN BEECH Government will need to take decisive steps to stimulate further investment.

Sustainability report shows positive progress

4th June 2021 Mineral sands miner Kenmare’s 2020 Sustainability Report, published in April, shows the company met its first public sustainability targets last year and provides illuminating information on its sustainability actions. The company, which operates the Moma titanium minerals mine in Mozambique,... 

Sustainability report shows positive progress
MICHAEL CARVILL The sustainability report is a natural progression for Kenmare

Water is key factor in responsible mining

4th June 2021 The impact of the recent Cyclone Eloise has shown that mines in Mozambique face extreme challenges related to water, which can only be addressed through early planning and continuous management, explains consulting engineers SRK Consulting partner and principal hydrologist Peter Shepherd and... 

Water is key factor in responsible mining
DES MOSSOP SRK is able to apply a range of its mining-related disciplines in mining projects

Ruby mine recovery on horizon

By: Nadine Ramdass     4th June 2021 Insurgent attacks and Covid-19 have had a significant impact on the Mozambican mining industry, says Gemfields CEO Sean Gilbertson. The investment climate in Mozambique, particularly Cabo Delgado – which holds a lot of promise from an investment perspective, in terms of growth opportunities, and... 

Ruby mine recovery on horizon
ADRIAN BANKS Healthy ruby supply and demand are expected this year

Hot prices pervading commodities market, CRU tells Junior Indaba  

By: Martin Creamer     2nd June 2021 Price hotness is pervading the commodities market, CRU senior analyst Clare Hanna said on Tuesday, when she addressed the second and final day of the Junior Indaba. Speaking on ‘what’s hot and what’s not’, Hanna said almost all commodities were at the higher-than-15% level. (Also watch attached... 

Hot prices pervading commodities market, CRU tells Junior Indaba
CRU senior analyst Clare Hanna at Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

BHP union says work schedules too punishing for train drivers

By: Reuters     1st June 2021 The work schedule BHP Group has imposed on train drivers at its iron ore operations in Western Australia will damage their mental health and that of their family members, said a union representing the group. The country's miners have been under pressure to ship out as much iron ore as they can... 

Copper, JSE listings, battery mineral exploration make headlines   

28th May 2021 Mining Weekly Editor Martin Creamer unpacks the Northern Cape’s lucrative copper potential that must be given assistance; concern over the lack of JSE listings ahead of the Junior Indaba; and South Africa’s battery mineral exploration potential. 

Copper, JSE listings, battery mineral exploration make headlines
Copper, JSE listings, battery mineral exploration make headlines (Camera & editing: Nicholas Boyd)

Rio paves aluminium alloy way

By: Esmarie Iannucci     28th May 2021 Mining major Rio Tinto has partnered with casting solutions provider Comptech to bring a new generation of aluminium alloys to the market for use in advanced technologies such as electric vehicles and 5G antennas. Rio’s metallurgical experts have designed the alloys for the semi-solid... 

Anglo explores 3D printing to boost supply chain efficiencies, support local businesses

By: Donna Slater     27th May 2021 Diversified miner Anglo American has partnered with the South African Council for Scientific and Industrial Research (CSIR) and US-based technology company Ivaldi Group, to explore opportunities to digitally distribute spare parts for mining and processing equipment to be manufactured locally... 

Resources Watch  

27th May 2021 This week: SAEC name change to Seriti Power signals coal miner’s new broader energy vision; Hire jobless geologists to capture much-needed exploration data; and, Menar expects first ore from inaugural manganese mine in July 

Resources Watch
Resources Watch

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

Govt-Minerals Council team established to promote exploration – Mgojo
Minerals Council South Africa AGM covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolitha Fakude first woman mining industry president in 131 years 

By: Martin Creamer     26th May 2021 The board members of Minerals Council South Africa on Wednesday elected the first female president in 131 years. New president Nolitha Fakude, a former Minerals Council VP who is the chairperson of Anglo American South Africa, said she would be focusing on ensuring that mining contributes... 

Nolitha Fakude first woman mining industry president in 131 years
Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.

BHP completes Neptune divestment

By: Esmarie Iannucci     24th May 2021 Diversified miner BHP has struck a deal to transfer its 35% of its ownership and operatorship in the Neptune field, in the Gulf of Mexico, to joint venture partner (JV) EnVen Energy Ventures. EnVen already holds a 30% interest in the project, with JV partner W&T Energy VI holding a 20% interest... 

Exxaro says decarbonisation journey is imperative for growth

By: Marleny Arnoldi     21st May 2021 Although it is predominantly a coal producer, diversified miner Exxaro Resources says it supports the work of the Presidential Climate Change Coordinating Commission to reduce the country’s emissions in the context of overcoming poverty and inequality. “Climate change is one of the most... 

BHP beer ban infringes rights of Australian mine workers, union says

By: Reuters     21st May 2021 BHP Group's new alcohol policy barring workers on mine sites in Western Australia from consuming alcohol after 9:30 p.m. impinges on their rights, a workers' union said, while the mining giant invoked health and safety concerns. In a letter this week, the Western Mine Workers' Alliance (WMWA)... 

Climate change, geology graduates, PGMs make headlines   

21st May 2021 Mining Weekly Editor Martin Creamer discusses Anglo American calling the global climate crisis "something that exceeds anything seen in centuries"; a call for unemployed geology graduates to capture historic exploration data; and the PGMs opportunities coming out of the hydrogen economy being... 

Climate change, geology graduates, PGMs make headlines
Climate change, geology graduates, PGMs make headlines

BHP commits to copper exploration in the NT

By: Esmarie Iannucci     21st May 2021 Mining major BHP has exercised its option to enter into a A$22-million farm-in agreement with junior Encounter Resources over the Elliott copper project, in the Northern Territory. Under the terms of a farm-in agreement, the major can earn up to a 75% stake in the project by spending... 

Good future prospects for juniors

By: Anna Moross     21st May 2021 Junior mining companies face many challenges, but new technological developments and a strong recovery in most commodity prices could boost the sector going forward, says mining and minerals advisory firm Fraser McGill co-founder Cobus Fraser. 

Good future prospects for juniors
COBUS FRASER The need and propensity to do things differently, coupled with higher commodity prices and positive market sentiment, enables juniors to approach the market with more confidence

Future growth of juniors a growing possibility

By: Anna Moross     21st May 2021 Through support and its involvement in policy, mining industry employers’ organisation Minerals Council South Africa has contributed significantly over the past year to ensure the future growth of and investment in junior mining, says Minerals Council South Africa Junior and Emerging Miners’ Desk... 

Future growth of juniors a growing possibility
GRANT MITCHELL Minerals Council South Africa highlights challenges that need to be overcome to ensure a positive mining cycle

Junior makes diamond discovery

By: Anna Moross     21st May 2021 Diamond exploration and development company Botswana Diamonds has “moved the dial” in its exploration of the Frischgewaagt area in Limpopo where it has extended its search for kimberlite pipes or blows, says Botswana Diamonds CEO James Campbell. 

Junior makes diamond discovery
CORE SITE The goal in this exploration by Botswana Diamonds is to firm up the geological model of both sites, with further work based on the results of the core drilling

Potential hampered by regulatory hurdles

By: Anna Moross     21st May 2021 The junior mining sector’s potential growth and development is being hampered by the onerous requirements of South Africa’s mining and mineral laws that make it difficult for juniors to apply for prospecting and mining rights, and secure funding to develop and operate mines, says Beech Veltman... 

Potential hampered by regulatory hurdles
WARREN BEECH South Africa’s junior mining sector is growing, and can contribute even more to the country’s growth, development and transformation, with appropriate support

Organisers expect virtual success to continue

By: Anna Moross     21st May 2021 The Junior Indaba will be held virtually on June 1 and 2, owing to the continuing impact of Covid-19, with Joburg Indaba organisers Resources 4 Africa stating that the transition to the online platform has been “surprisingly smooth”, says CEO Paula Munsie. 

Organisers expect virtual success to continue
PAULA MUNSIE The Junior Indaba is delighted to have 11 showcase presentations featuring a variety of junior projects across Africa
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