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Diversified Miners News
Glencore’s oil-price rigging puts spotlight back on benchmarks
By: Bloomberg 27th May 2022 Glencore's settlement with US prosecutors has cast fresh light on manipulation of an under-the-radar part of the commodities world that’s crucial for valuing physical deals and derivatives. The raw-materials giant this week agreed to plead guilty to rigging fuel-oil assessment prices after... →
Hydrox, universal energy carrier, AfriTin make headlines 
27th May 2022 Mining Weekly Editor Martin Creamer Hydrox Holdings's advanced alkaline electrolyser; Hydrogen's potential to become a universal energy carrier; and AfriTin's lithium pilot plant in Namibia. →
Botswana mining sector on the rebound
By: Halima Frost 27th May 2022 The Botswana mining sector is on the rebound, following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019, industry organisation Botswana Chamber of Mines CEO Charles Siwawa tells Mining Weekly. He adds that the rebound can be... →
Renewed interest in drill observed
27th May 2022 Global engineering company Sandvik Mining and Rock Technology has noted a renewed interest in its Sandvik DD422i, the next-generation mining jumbo with a range of automatic drilling functions, from tier one mining contractors operating at high-production mines in South Africa, Botswana and... →
Alliance promotes citizen-owned firms in fuel
27th May 2022 In a ground-breaking development for the Botswana oil and gas industry, leading diamond producer Debswana and national oil body Botswana Oil have entered a strategic partnership that is aimed at capacitating citizen-owned companies in the fuel supply value chain. Through the agreement, Botswana... →
Demo plant, feasibility studies progressing
27th May 2022 Manganese development company Giyani Metals announced progress on its demonstration (demo) plant and feasibility study (FS) for its Botswana-based manganese oxide project, the K.Hill project, and on exploration and corporate activities, in March. At the time, Giyani said that the design of the... →
JV stalls, but still on offer
27th May 2022 Diamond exploration company Botswana Diamonds (BOD) announced earlier this month that, despite intensive advanced and ongoing discussions with interested parties, the board has been unable to secure a new joint venture (JV) partner to acquire the Ghaghoo mine, in Botswana before the extended... →
South Africa must reform its regulatory environment, make itself investor-friendly – simple
By: Martin Creamer 26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... →
Glencore says its bribery days are over. Now it has to prove it
By: Bloomberg 26th May 2022 Glencore has closed the “cash desks” in London and Switzerland that once dispensed money for bribes. Employees implicated in sweeping, cross-border corruption investigations are gone. New safeguards are in place, and boss Gary Nagle says it’s a “different company.” Now he will have to prove it.... →
Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears
By: Martin Creamer 26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... →
Minerals Council re-elects VPs, Mantashe chastises harsh critics of the State
By: Marleny Arnoldi 25th May 2022 The Minerals Council South Africa has re-elected Kumba Iron Ore CEO Themba Mkhwanazi, Harmony Gold CEO Peter Steenkamp and Northam Platinum CEO Paul Dunne to serve as VPs for another year. The council hosted its 132nd annual general meeting (AGM) on May 25, reporting that mineral export sales... →
Minerals Council CEO Roger Baxter
Mantashe to mining CEOs: Stop insulting the state
By: News24Wire 25th May 2022 Minister of Mineral Resources and Energy, Gwede Mantashe, has warned that a growing tendency by mining executives to "insult the state" is detrimental to the resources sector. "We have observed a growing temptation to insult the state by strong and powerful mining executives. →
Resources Watch
25th May 2022 This week: Sheila Khama says critical mineral demand of order of magnitude never seen; Law firm drawing on giga-scale hydrogen project experience to derisk new ventures; and, things looking interesting for platinum despite surplus →
Rio Tinto's Madagascar mine restarts after reaching deal with protesters
By: Reuters 25th May 2022 Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday. Communities surrounding QMM's mine in southeastern Madagascar... →
Platinum-boosted South African hydrogen electrolyser leaps ahead
By: Martin Creamer 25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE – has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... →
Glencore settles most bribery, manipulation investigations
By: Martin Creamer 25th May 2022 Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental social and governance (ESG) overhang over the group, →
Ferrous metals, coal most exposed to climate risk in metals and mining sector – Fitch
By: Tasneem Bulbulia 24th May 2022 Thermal coal, blast furnace-basic oxygen furnace (BF-BOF) steelmaking and its raw materials are the segments of the metals and mining sector that are most vulnerable to long-term climate risks owing to their large direct emissions, credit ratings agency Fitch Ratings says. Demand for many... →
Ghanaian Vice President Bawumia to speak at this year’s Wampex
By: Darren Parker 24th May 2022 Ghanaian Vice President Dr Mahamudu Bawumia will be speaking at the upcoming West African Mining and Power Exhibition (Wampex) at the Accra International Convention Centre, Ghana, which will take place from June 1 to 3. “Looking towards the future of mining in West Africa and across the... →
Lithium pilot plant in Namibia scheduled for this year – AfriTin
By: Martin Creamer 24th May 2022 An engineering, procurement and construction management (EPCM) contractor has been appointed to design and construct a lithium pilot processing plant at the Uis mine in Namibia, technology metals mining company AfriTin Mining stated on Tuesday. This follows metallurgical test work results of the... →
Rio and BP to collaborate on biofuel
By: Esmarie Iannucci 24th May 2022 Diversified miner Rio Tinto and petroleum major BP will collaborate on a one-year biofuel trial in an effort to reduce carbon emissions from Rio’s marine fleet. Under the trial, BP is supplying marine biofuel that will be trialled on Rio’s RTM Tasman vessel on a mix of Transatlantic and... →
NUM calls for Sibanye’s gold mining rights to be revoked 
By: Darren Parker 23rd May 2022 The National Union of Mineworkers (NUM) has urged Mineral Resources and Energy Minister Gwede Mantashe to act immediately against diversified miner Sibanye-Stillwater by revoking its mining rights in the South African gold sector. Section 47 of the Mineral and Petroleum Resources Development Act... →
Sibanye-Stillwater CEO Neal Froneman
Don’t Digitise Your Rubbish: Integrate, Simplify, and Systematise Your Operations – Andy Sherring
23rd May 2022 The mining industry has a problem. It has worthy aspirations for high technology, digitisation, and a progressive performance culture, but it lacks the necessary operating platform to support and enable this. Despite its many successes in a tough working environment, the industry is experiencing... →
SAIMM positioning industry for next-gen metals with upcoming PGMs conference
By: Simone Liedtke 23rd May 2022 In positioning itself for the next generation of precious metals - such as palladium, rhodium, iridium, and others - which fulfill catalytic roles, the eighth iteration of the Southern African Institute of Mining and Metallurgy’s (SAIMM’s) Platinum-Group Metals (PGMs) Conference is looking to... →
CSIR, Sibanye-Stillwater, Southern Palladium make headlines
20th May 2022 Mining Weekly Editor Martin Creamer discusses CSIR CEO Thulani Dlamini's belief that collaboration in research, development and innovation is needed to make South African mining competitive; Sibanye-Stillwater’s Marikana K4 project which has just hoisted its first tons; and Southern Palladium's... →
BHP unveils distribution plans and Woodside changes names
By: Esmarie Iannucci 20th May 2022 Diversified miner BHP on Friday announced it would pay shareholders an in specie dividend in the form of Woodside Petroleum shares in connection with the merger of BHP’s oil and gas portfolio with Woodside. The shareholders of Woodside on Thursday approved the merger, which would create the... →
Changes coming to BHP board
By: Esmarie Iannucci 20th May 2022 Major BHP has announced the retirement of Malcolm Broomhead and John Mogford as non-executive directors at the conclusion of the 2022 annual general meeting (AGM). Broomhead has been a director of BHP since March 2010 and in 2021 the board requested Broomhead seek re-election at the 2021 AGM for... →
Junior mining regulations need to be amended, says law firm
By: Nadine Ramdass 20th May 2022 Regulations impacting on junior miners must be amended to address the unique challenges and needs of the various types of miners currently classified as juniors, says law firm Beech Veltman CEO Warren Beech. Through more targeted regulations and a streamlined application process, the junior... →
Significant infrastructure agreement signed
20th May 2022 Project management firm GED Africa, the Democratic Republic of Congo (DRC) Ministry of Infrastructure, and DRC building firm Agence Congolaise des Grands Travaux finalised the 25-year concession agreement (CA) outlining the infrastructure development requirements of the DRC segment of the GED... →
Specialised miller grinds down challenges
By: Nadine Ramdass 20th May 2022 Specialised milling and base minerals processor African Pegmatite uses its 50 years of experience in milling and grinding to meet customer requirements while mitigating various industry challenges using creative solutions and its honed milling knowledge. The company prepares minerals that cannot... →
Southern Africa deemed highly prospective for diamonds
By: Nadine Ramdass 20th May 2022 Diamond exploration and project development company Botswana Diamonds regards Southern Africa as one of the most prospective destinations for diamonds globally. The Kalahari region of Botswana has potential for a new diamond mine, while the Thorny River project, in Limpopo, South Africa, has... →
Exploration sector has not received enough investment
By: Nadine Ramdass 20th May 2022 The specialised exploration sector in South Africa has not been fully developed or invested in, which has resulted in the junior mining sector mainly comprising of medium-sized producers as opposed to specialised exploration companies, explains mining employers’ organisation Minerals Council... →
Woodside shareholders back BHP merger
By: Esmarie Iannucci 19th May 2022 The shareholders of ASX-listed oil and gas major Woodside have voted overwhelmingly in favour of the merger with mining major BHP’s petroleum assets. More than 97% of the votes cast at the company’s annual general meeting on Thursday were done so in favour of the merger, which would give BHP... →
Manganese mine rail-loading boost being assessed by South32
By: Martin Creamer 19th May 2022 Diversified mining company South32 is assessing the potential expansion and modernisation of rail loading infrastructure at its Wessels manganese mine in South Africa’s Northern Cape, says South32 CEO Graham Kerr. Kerr, who presented at the Bank of America Global Metals, Mining & Steel Conference... →
Rio agrees to Turquoise Hill funding amendments
By: Esmarie Iannucci 19th May 2022 Major Rio Tinto has agreed to amend a funding plan with Turquoise Hill Resources (TRQ) in order to provide liquidity of up to $400-million in short-term early advances, while TRQ evaluates a takeover offer from the mining giant. A Special Committee of TRQ is currently evaluating Rio’s C$34 per... →
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... →
WA invests more into mining research
By: Esmarie Iannucci 18th May 2022 The Western Australian government has pledged a further A$6-million in funding over the next four years to the Minerals Research Institute of Western Australia (MRIWA) to enable it to progress research for the mining industry. In addition to the work already underway on the Net Zero Emission... →
South32 targets 20% output growth by 2023
By: Esmarie Iannucci 18th May 2022 Diversified miner South32 is expecting production volumes to grow by nearly 20% in the next financial year, compared with its 2021 production levels. CEO Graham Kerr told delegates at the Bank of America Global Metals, Mining & Steel Conference that the growth in output targeted for 2023 would... →
BHP targets Jansen start in 2026
By: Esmarie Iannucci 18th May 2022 Diversified miner BHP is hoping to accelerate production at Stag1 of its Jansen potash project, in Canada. CEO Mike Henry told the Bank of America Global Metals, Mining & Steel Conference, that first production from the $5.7-billion Stage 1 project could be accelerated from 2027 to 2026. →
The Jansen project, in Canada
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