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Diversified Miners News

Coal still a lifeline for South Africa

Updated 5 hours ago While the global focus on environmental, social and governance (ESG) issues looks set to phase out coal as an energy resource, the prospects for South African coal production remain strong for decades to come. Following the third Coal Industry Day, held online in July, consulting firm SRK... 

SOE challenges hamper growth

By: Nadine Ramdass     Updated 5 hours ago The South African coal industry is broadly divided into domestic and export consumption. Export coal is sold primarily to India and China markets while coal for domestic consumption is mainly sold to State-owned electricity utility Eskom. The export market currently generates better prices when... 

An image of Deloitte Africa Energy Resources and Industrials leader Andrew Lane
ANDREW LANE There is a big opportunity for public and private sector cooperation on the delivery of infrastructure

Infrastructural challenges impede coal industry

By: Nadine Ramdass     Updated 5 hours ago South Africa is a major coal-exporting country, with its coal sector also providing baseload capacity for the country. However, infrastructure challenges negatively impact on the local industry, says coal exploration and mining company Canyon Coal COO Clifford Hallatt. Locally mined coal is... 

An image of Canyon Coal De Wittekrans projects coal sample
DE WITTEKRANS COAL De Wittekrans project will create 430 jobs

Sewerage project brings hope

Updated 5 hours ago To address the water and sewage challenges at Emalahleni Local Municipality, diversified miner Exxaro Coal Central (ECC) handed over the Thubelihle Ext.5 Sewerage Infrastructure Project to the municipality in July.   

Trend towards decarbonisation discouraging coal investment

By: Nadine Ramdass     Updated 5 hours ago South Africa’s coal production, sales and exports reached a plateau some years ago; however, the lockdown last year caused a noticeable decline. The main reason for this local decline is that the industry had reached the ‘coal cliff’ years ago, says advisory firm XMP Consulting senior coal... 

An image of Clean Coal Technology's South African Research Chairperson Rosemary Falcon
ROSEMARY FALCON South Africa has to catch up in Clean Coal Technologies

Vedanta’s Black Mountain Mining ramps up digitalisation efforts

By: Tasneem Bulbulia     16th September 2021 In alignment with underground operations worldwide increasingly digitalising their operations, Vedanta Zinc International's (VZI) Black Mountain Mining's (BMM's) underground operation Swartberg is also embarking on digitalisation efforts. VZI, a grouping of zinc assets located in South Africa and... 

Rio in a tax war with ATO

By: Esmarie Iannucci     16th September 2021 Mining major Rio Tinto on Thursday said that it would dispute a A$352-million penalty by the Australian Taxation Office (ATO). The ATO in March this year issued the miner with an amended assessment of of A$359.4-million primary tax and A$47.1-million of interest, related to the denial of... 

Bauba CEO resigns

By: Simone Liedtke     15th September 2021 Nick van der Hoven has resigned as CEO of JSE-listed Bauba Resources. The company reported on September 15 that Frederick Geldenhuys had also resigned as independent nonexecutive director. 

Glencore appoints new independent nonexec director

By: Creamer Media Reporter      15th September 2021 Diversified miner Glencore has appointed David Wormsley independent nonexecutive director, with immediate effect. He had a 35-year career at Citigroup (originally Schroders), culminating in his appointment as chairperson of UK banking and broking, before retiring earlier this year. 

Resources Watch  

15th September 2021 This week: Platinum demand strengthening; Shut Nkomati Nickel has good-grade, long-life underground potential; and, Botswana copper miner Khoemacau giving attention to ESG silver lining 

Resources Watch image
Resources Watch

Mining companies launch International Mining Safety Hub to help reduce fatalities 

By: Creamer Media Reporter      15th September 2021 Various large mining companies have joined hands to launch the International Mining Safety (IMS) Hub – an online hub of industry-endorsed visual safety tools that allow for greater learning opportunities and improved safety for all levels of employees. "This is a collaboration by industry, for... 

A photo of a mineworker in a South African underground mine

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

BHP reports board changes

By: Esmarie Iannucci     14th September 2021 Diversified miner BHP has announced the retirement of Susan Kilsby and Anita Frew from the company’s board after the company’s next annual general meeting. Kilsby was appointed chair of the board of Fortune Brands Home & Security, Inc in January 2021 and had confirmed her intention to retire as... 

BHP releases climate action plan

By: Esmarie Iannucci     14th September 2021 Diversified miner BHP on Tuesday released its Climate Transition Action Plan, outlining the company’s updated approach to reducing greenhouse gas (GHG) emissions and managing climate risks across its global value chain. “The Climate Transition Action Plan outlines BHP’s role and actions in... 

An image of BHP's CEO Mike Henry
BHP CEO Mike Henry

Sibanye buys back about 3% of shares in issue

By: Tasneem Bulbulia     13th September 2021 Precious metals miner Sibanye-Stillwater has, in a series of unrelated transactions, cumulatively bought back about 90.2-million ordinary shares, or about 3% of its shares in issue, in accordance with the general authority granted by shareholders at the company’s annual general meeting held on... 

Brazil's Vale to pay back $150m to power regulator

By: Reuters     13th September 2021 Brazilian miner Vale will pay back power regulator Aneel roughly 781-million reais ($150.26-million) related to the Risoleta Neves hydroelectric power plant, a securities filing showed late on Thursday. Vale continued to be paid for the operation of the Risoleta Neves hydroelectric plant even... 

Manganese, Nkomati Mine, green-hydrogen make headlines   

10th September 2021 Mining Weekly Editor Martin Creamer unpacks African Rainbow Minerals touting the possibility of an opportunity for manganese alloy production locally; the Nkomati Nickel mine could hold underground opportunity; and the three structural characteristics that South Africa has to possibly become a... 

Image of Martin Creamer
Manganese, Nkomati Mine, green-hydrogen make headlines

Vale sees expenses with Brumadinho disaster at $2.7bn to $3.2bn in 2021

By: Reuters     9th September 2021 Brazil's miner Vale updated on Thursday its expenses outlook for 2021, saying it expects disbursements related to the Brumadinho dam disaster to reach $2.7-billion to $3.2-billion this year. According to a securities filing, Vale also sees its financial expenses in 2021 at $0.8-billion to... 

Plans unfolding to rail manganese more efficiently – ARM 

By: Martin Creamer     9th September 2021 Diversified mining company African Rainbow Minerals (ARM) is looking to upgrading its private rail siding from 60 t to 100 t rail wagons so that it can transport manganese ore to the Port of Saldanha in a much more efficient way. Currently, the private rail siding at the Black Rock mine in the... 

Screenshot of Andre Jourbert of ARM taken during presentation of FY2021 results.
Photo by Creamer Media
ARM Ferrous CE Andre Joubert

Resources Watch  

8th September 2021 This week: Unique refinery concept enters first phase; Harmony planning further 73 MW of green electricity generation; And, Implats contributes R13bn in taxes, royalties to South African government 

Resources Watch image
Resources Watch

BHP signs partnership deal with billionaire-backed AI explorer KoBold

By: Reuters     8th September 2021 BHP Group will team up with billionaire-backed AI exploration firm KoBold Metals to look for battery minerals like copper and nickel in Australia and other global locations, the companies said on Wednesday. The world's largest miner is building out its portfolio in what it calls "future facing... 

Shut Nkomati Nickel has good-grade, long-life underground potential – ARM  

By: Martin Creamer     8th September 2021 The large underground resource that remains at the shut Nkomati Nickel mine in Mpumalanga provides optionality depending on market conditions, says African Rainbow Minerals (ARM) CEO Mike Schmidt. The Nkomati mine, located near Machadodorp, has been on care-and-maintenance since March as the... 

Creamer Media screenshot of Mike Schmidt when he was presenting ARM's financial results in September 2021
African Rainbow Minerals CEO Mike Schmidt reports on Nkomati Nickel covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Anglo American looking at a range of decarbonising technologies 

By: Esmarie Iannucci     8th September 2021 Diversified miner Anglo American will be making use of a range of technologies to reach its target of zero emissions by 2040. Speaking at the Hydrogen and Mining virtual conference, Anglo America’s head of technology development, mining and sustainability, Julian Soles said that there would be a... 

An image of a hydrogen-powered mine truck being developed by Anglo American and partners
Anglo American and partners are developing a hydrogen-powered mine truck

BHP paid A$34.1bn to Australia in 2021

By: Esmarie Iannucci     8th September 2021 Mining major BHP on Wednesday unveiled that it had contributed $34.1-billion to the Australian economy in the 2021 financial year. The total contribution to Australia comprises $12.4-billion in tax, royalty and other payments to governments, $11.1-billion of spending with suppliers, $6-billion... 

Image shows the BHP logo on the side of its head office

BHP not banking on green hydrogen

By: Esmarie Iannucci     8th September 2021 Diversified giant BHP will not be relying on green hydrogen to meet its decarbonizing targets, the miner said on Wednesday. Speaking at the Hydrogen and Mines virtual summit, BHP’s manager for energy, carbon and technology research, Lee Levkowitz said that it was unlikely that green hydrogen... 

An image of Lee Levkowitz
BHP manager for energy, carbon and technology research Lee Levkowitz

Bauba CEO's suspension lifted

By: Creamer Media Reporter      7th September 2021 Diversified miner Bauba Resources has lifted the precautionary suspension of its CEO Nick van der Hoven, after an investigation by the company's attorneys found no factual evidence to support allegations made against him in the media. Bauba on August 20 announced that it had appointed an interim... 

Extractives sector moves to turn the tide on corruption

By: Creamer Media Reporter      7th September 2021 Governments, business and civil society are uniting in the fight against corruption in the extractives sector, demonstrating support and commitment for beneficial ownership transparency. The Extractive Industries Transparency Initiative (EITI) reports that anonymous ownership of companies can be... 

A photo of an openpit mining operation

Strength of high-flying ARM is its multiracial, multicultural character – Motsepe  

By: Martin Creamer     6th September 2021 The strength of South Africa, its businesses as well as African Rainbow Minerals (ARM) itself is its multiracial and multicultural character, which the country is privileged to have, ARM executive chairperson Dr Patrice Motsepe emphasised on Monday, when his JSE-listed company presented stellar... 

Screenshot of Dr Patric Motsepe taken from ARM website.
African Rainbow Minerals stellar financial results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

ARM earnings soar 136%, dividend up double plus

By: Martin Creamer     6th September 2021 The headline earnings of diversified mining company African Rainbow Minerals (ARM) soared 136% to a record R13-billion in the 12 months to June 30. The JSE-listed company, headed by executive chairperson Dr Patrice Motsepe, declared a final dividend of R20 a share, totalling R4 489-million. This... 

Creamer Media picture of the executive chairperson of African Rainbow Minerals.
Photo by Creamer Media
ARM executive chairperson Dr Patrice Motsepe

Exxaro establishes UP mining technology research programme chair

By: Schalk Burger     3rd September 2021 Mining major Exxaro Resources has established the Exxaro Chair in Extended Reality (XR) Technology with the University of Pretoria (UP) to develop a framework on how XR technology can be used to address mining industry challenges. This investment in technological advancement will allow for... 

Implats, Harmony Gold make headlines   

3rd September 2021 Mining Weekly Editor Martin Creamer unpacks Implats' contribution of about R13-billion in taxes and royalties to government; Harmony Gold tackling decarbonization with a renewable rollout plan; and Harmony pushing forward with its Zaaiplaats project.   

Photo of Martin Creamer
Implats, Harmony Gold make headlines

New contracts awarded to services provider

By: Halima Frost     3rd September 2021 A division of Vereeniging-based furnace and industrial services provider Dickinson Group of Companies, Dickinson Copperbelt Services (DCS), has successfully established new contracts with two separate copper smelting plants in the Kolwezi district, in the Democratic Republic of Congo (DRC). “The... 

An image of a large red truck fitted with vacuum pump and tank used for acid plant sludge spillage recovery
PUMP N' DUMP TRUCK Dickinson Copperbelt Services has secured the contracts for industrial services at two new copper plants in the Democratic Republic of Congo

Supplier keeps up with tech revolution

By: Halima Frost     3rd September 2021 Based on its BlueTechnology philosophy, metallurgical industry supplier SMS group has significantly broadened its expertise in processing, supplies and services for nonferrous metals production over the past year to meet the highest requirements of customers. “BlueTechnology in nonferrous metals... 

Three BlueSmelters supplied by SMS group in operation at Aurus automobile company in Russia for recycling of waste electrical and electronic equipment
BLUE GROUP SMS group has implemented its range of BlueTechnology offerings at a greenfield plant in Russia for the recycling of waste electrical and electronic equipment

Unique refinery concept enters first phase 

By: Halima Frost     3rd September 2021 Global industry body the International Zinc Association (IZA) Africa desk spokesperson Simon Norton says the first phase of its “bold plan” to implement South Africa’s own zinc refinery has started. This includes raising the much-needed funding for the research phase, he stresses. 

A drone image of the Skorpion zinc refinery in Namibia which South Africa imports zinc from according to the IZA Africa Desk
The International Zink Association African Desk spokesperson Simon Norton discusses the concept of a new zinc smelter with ultra-low power consumption and a novel smelting process in South Africa.

BHP returns workers to Shenzi platform in US Gulf, no damages identified

By: Reuters     2nd September 2021 BHP Group has started to re-staff its Shenzi oil and gas platform in the US Gulf of Mexico, a spokesperson said on Wednesday. No damage has been identified in the platform and remobilisation should be concluded by the end of the day, according to spokesperson Judy Dane. Timing for production... 

An image of an oil platform

BHP adds to its board

By: Esmarie Iannucci     2nd September 2021 Diversified miner BHP has appointed Michelle Hinchliffe to its board as an independent non-executive director with effect from March 2022. Hinchliffe will also become a member of the Risk and Audit Committee. 

Resources Watch  

1st September 2021 This week: IDC in discussion on the introduction of an exploration fund; DRDGold maintains dividend payout, records strong full-year performance; and, New horizons for uranium as a green metal 

Resources Watch image
Resources Watch

Saudi Arabia to host Future Minerals Summit in January

By: Marleny Arnoldi     31st August 2021 The Saudi Arabian Ministry of Industry and Mineral Resources has announced that the country will host the inaugural Future Minerals Summit on January 11 to 13, 2022, in Riyadh. The event will offer a one-stop-shop for investors, miners and other industry stakeholders interested in learning more... 

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