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Diversified Miners News
Artisanal and Small Scale-Mining Policy aimed at addressing illegal mining
By: Tasneem Bulbulia 10th May 2022 Illegal mining is a critical challenge in the South African mining and minerals industry and, in response, Mineral Resources and Energy Minister Gwede Mantashe on March 30 published the Artisanal and Small Scale-Mining Policy 2022 for implementation. “The policy seeks to formalise the largely... →
Minerals Council president urges miners to be uncompromising on safety and be inclusive
By: Rebecca Campbell 10th May 2022 Minerals Council of South Africa president Nolitha Fakude has urged South African mining companies to bring their environmental, social and corporate governance (better known as ESG) policies, programmes and reporting into line with the United Nations Sustainable Development Goals (SDGs). She was... →
South Africa has significant implementation crisis – Minerals Council 
By: Martin Creamer 9th May 2022 South Africa has a significant implementation crisis. A number of government departments and parastatals were hollowed out. Capacity is a significant issue in almost every parastatal – water authorities, Eskom, Transnet and across the board. “We’re not rushing in to take over activities because... →
Open letter to Mantashe bemoans lack of SLP enforcement
By: Darren Parker 9th May 2022 In an open letter to Mineral Resources and Energy Minister Gwede Mantashe, the Sekhukhune Combined Mining-Affected Communities (SCMAC), the Centre for Applied Legal Studies (CALS) and Amnesty International South Africa (AISA) raised concerns about the Department of Mineral Resources and Energy’s... →
Mineral Resources and Energy Minister Gwede Mantashe
South Africa’s mine production value exceeded R1tr for the first time in 2021
By: Tasneem Bulbulia 9th May 2022 South Africa’s mineral production achieved record values in 2021, exceeding R1-trillion for the first time, buoyed by strong commodity prices and giving the domestic economy a vital injection of higher taxes, wages and increased employment. This is according to industry body the Minerals Council... →
Customers gain from Kwatani-Sandvik tie-up 
By: Simone Liedtke 9th May 2022 Both local and foreign customers – as well as mineral processing original-equipment manufacturers (OEMs) looking for specialised solutions – are set to benefit from the recent acquisition of vibrating screen specialist Kwatani by global multinational Sandvik. The deal highlights South Africa’s... →
Rio produces first scandium oxide in North America
By: Esmarie Iannucci 9th May 2022 Diversified miner Rio Tinto has produced its first tach of high purity scandium oxide at its North American operations. Rio Tinto Fer et Titane (RTFT) produced the high purity scandium oxide at its commercial scale demonstration plant in Sorel-Tracy, following the completion of commissioning... →
Vedanta offers Zambia investment commitments if handed back KCM
By: Reuters 9th May 2022 Vedanta Resources has offered to step up investment in Zambia's Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control of the local firm, a company letter sent to the government showed. Zambia's previous government put KCM into the hands of... →
Green hydrogen can be produced in South Africa immediately, coal conference hears
By: Martin Creamer 6th May 2022 The generation of green hydrogen is achievable in South Africa immediately and is not a complicated process, Sasol just transition office head David Kawesha said on Friday. “You just need the renewable energy resource, electrolysers to split water, and that’s really what the basic process is,”... →
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.
Webber Wentzel makes recommendations to bolster mining industry attractiveness
By: Tasneem Bulbulia 6th May 2022 Webber Wentzel’s team of mining experts has recommended that President Cyril Ramaphosa and Mineral Resources and Energy Minister Gwede Mantashe, in their upcoming addresses at the Mining Indaba, announce concrete steps on several top priorities. This follows the country once again falling down... →
WA to introduce Aboriginal Empowerment Unit
By: Esmarie Iannucci 6th May 2022 The Western Australian government is investing A$14.6-million to establish an Aboriginal Empowerment Unit to ensure developments in Western Australia's resources industry deliver improved outcomes for Aboriginal people. The Aboriginal Empowerment Unit will develop and implement the... →
Machinery maintenance key to mitigating downtime
By: Nadine Ramdass 6th May 2022 Machine downtime – particularly for drill rigs – significantly impacts on the opencast mining industry, with the loss in productivity caused by scheduled and unscheduled downtime resulting in significant revenue losses for mining companies. Therefore, companies must prioritise the mitigation and... →
Supplier triples fleet as rains plague mines
6th May 2022 Flooding of openpit mines and quarries has become widespread following intense and unseasonal rainfall in many parts of South Africa recently, demanding added dewatering capacity. Dewatering pump specialist Integrated Pump Rental MD Lee Vine says that the rains have had a dire effect on many... →
Sorting tech unlocks value from tainted material
6th May 2022 Lithium mines often face the challenge of basalt contamination. The Mt Cattlin openpit lithium concentrate, or spodumene, mine uses a two-stage crushing system followed by dense medium separation (DMS) gravity recovery as the primary spodumene concentration process. Owing to basalt’s high density... →
Electronic detonators ensure effective blasting
By: Nadine Ramdass 6th May 2022 Opencast mines have to contend with rising costs as they go deeper. Efficiency is required to contain these costs and remain profitable, which is offered by digital technology such as blast planning software and electronic detonation systems. Electronic detonator systems, such as mining... →
Pre-owned equipment demand spikes
By: Nadine Ramdass 6th May 2022 The Covid-19 pandemic, and its related impacts, has caused severe delays for mining companies procuring new opencast mining machinery. As a result, mines and related contractors have turned to purchasing pre-owned equipment. Since the beginning of the pandemic, mining contractors have experienced... →
Company adds to its diversified product offering
6th May 2022 Leading openpit mining company Afrimat – a producer of industrial minerals, bulk commodities and construction materials – in December made an acquisition in the phosphate and rare earth minerals space. Afrimat acquired mining and fertiliser company Glenover Phosphate for a total purchase... →
Proactive measures ensure targets are reached
By: Nadine Ramdass 6th May 2022 Coal mining company Canyon Coal ensures that its Khanye Colliery, in Bronkhorstspruit, Gauteng, follows a proactive approach to managing and mitigating the impacts of potential challenges. Implementing precautionary measures has enabled the colliery to continuously mine and process 200 000 t a... →
World Coal Association favours just energy transition to net zero future 
By: Martin Creamer 5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... →
World Coal Association chairperson July Ndlovu
Iridium, platinum and labour woes make headlines
5th May 2022 Mining Weekly Editor Martin Creamer discusses the need for South Africa to make known its iridium supply status to advance the hydrogen economy; for the first time, the coins used in the Wimbledon finals will be made of platinum, this in the year of the Queen’s platinum jubilee; and how can South... →
Rio hopes for bigger spending on growth projects
By: Esmarie Iannucci 5th May 2022 Diversified miner Rio Tinto is hoping to increase its investment in growth capital to $3-billion a year, by 2023 to 2024, with a focus on energy commodities, including iron-ore. CEO Jakob Stausham told the company’s annual general meeting on Thursday that the company was well placed to grow and... →
Moody’s foresees elevated commodity prices, constraints persisting throughout this year
By: Donna Slater 4th May 2022 Moody’s Investors Service says the persistence of weaker mining production and volume constraints will exacerbate tight markets and further elevate prices of many metals after a number of large rated global diversified mining companies posted first-quarter production results showing weaker... →
Glencore's human rights record worst in green metals, group says
By: Bloomberg 4th May 2022 Glencore has the worst human rights record among miners of metals used in renewable energy, the Business & Human Rights Resource Centre said in a report. The alleged abuses attributed to all companies range from attacks on activists to violations of environmental laws to forced relocations.... →
Mantashe meets with Sibanye, unions after members boo Ramaphosa off stage on Workers' Day
By: News24Wire 4th May 2022 Sibanye-Stillwater and striking unions at the company’s gold mines met with Minister of Mineral Resources and Energy Gwede Mantashe on Monday after President Cyril Ramaphosa was heckled and forced to abandon attempts addressing a Workers' Day rally in Rustenburg. Another meeting between Sibanye... →
Resource companies support Qld's STEM ambitions
By: Esmarie Iannucci 4th May 2022 Resources companies Rio Tinto and Australia Pacific LNG will join a host of other companies in Queensland partnering with the state government on regional science and innovation hubs. Under the government’s Partner Up Queensland Regional Science and Innovation Network, the hubs aim to provide... →
Moody’s upgrades Sibanye-Stillwater’s credit rating
By: Donna Slater 3rd May 2022 Credit ratings company Moody’s Investors Service has upgraded JSE- and NYSE-listed precious and battery metals miner Sibanye-Stillwater’s corporate family rating (CFR) from Ba3 to Ba2 with a positive outlook. Moody’s notes that the rating action reflects the strong financial performance that... →
South32 takes a bigger stake in Brazilian bauxite mine
By: Esmarie Iannucci 2nd May 2022 Diversified miner South32 has completed the acquisition of an additional 18.2% interest in the Mineração Rio do Norto (MRN) bauxite mine, in Brazil, from Alcoa Corporation, taking its stake in the project to 33%. “We are pleased to complete the acquisition of an additional interest in MRN,... →
Dwyka to make tech tangible at Mining Indaba, conduct live virtual walkabouts
By: Donna Slater 29th April 2022 Pan-African mining technology platform Dwyka Mining Services plans to have key technology partners join its team at the upcoming Investing in African Mining Indaba 2022 to offer their view of mining technology in an effort to “make tech tangible” for Dwyka customers. “Making technology tangible... →
Orion set for successful second half following strong March quarter
By: Tasneem Bulbulia 29th April 2022 JSE- and ASX-listed Orion Minerals recorded a productive March quarter, with several significant developments across its business, which the company expects will deliver important outcomes in the second half of the year, MD and CEO Errol Smart says. In terms of project development, an early... →
Mincor eyes May start for Kambalda
By: Esmarie Iannucci 29th April 2022 Nickel developer Mincor Resources is gearing up to start production at its Kambalda operations, in Western Australia, in May this year, after reaching an agreement with the Nickel West division of major BHP to update the terms of an ore tolling and offtake purchase agreement (OTCPA). Under the... →
Precinct pursues implementable solutions
By: Nadine Ramdass 29th April 2022 Public–private partnership Mandela Mining Precinct (MMP) has strengthened its focus on developing and sourcing implementable solutions for the mining industry. The precinct has shifted its focus, from an investment and research perspective, towards the “latter technology readiness levels” to... →
Precinct follows people-centric approach
By: Nadine Ramdass 29th April 2022 Public–private partnership Mandela Mining Precinct’s (MMP’s) recent mining research has resulted in increased capacity to analyse how modernisation and technology affect the people in the industry or mine-affected environment. The precinct runs the Strategic Application of Technology Centered... →
MANDELA MINING PRECINCT The precinct offers guidance to mines navigating new technology impacts
Project unpacks 4IR skills-related needs
By: Nadine Ramdass 29th April 2022 Industry cluster organisation Mining Equipment Manufacturers of South Africa’s (Memsa’s) Fourth Industrial Revolution (4IR) Skills Study Project seeks to understand the 4IR skills-related needs of local manufacturers of mining equipment. 4IR and skills development is a relatively new exploration... →
Bridging the gap between tech and its understanding
By: Nadine Ramdass 29th April 2022 To unlock the full benefits and capabilities of Fourth Industrial Revolution technologies and ensure successful uptake, training programmes need to first assist mining operations and their employees in understanding where the challenges in the business operations are, says business management... →
Glencore guides higher full-year ferrochrome output with coal marking time
By: Martin Creamer 28th April 2022 Diversified mining and marketing company Glencore is guiding 3% higher ferrochrome performance for the whole of this year, with no change to its coal production guidance. Full-year guidance for nickel is also up by the same three percentage points but full-year 2022 zinc guidance has been reduced... →
Vale unveils 'massive' buyback programme amid iron windfall
By: Bloomberg 28th April 2022 Vale unveiled its biggest-ever share buyback program as the Brazilian iron ore and nickel giant rewards shareholders concerned by softening Chinese demand. The world’s No. 2 iron-ore producer said Wednesday it will purchase up to 500-million shares -- around 10% of the total number outstanding... →
Vale first-quarter net profit falls 19.6%, but beats expectations
By: Reuters 28th April 2022 Brazilian miner Vale, one of the world's largest producers of iron ore, reported on Wednesday its first-quarter net profit fell 19.6% to a better than expected $4.45-billion as stronger pricing offset weaker production numbers. Vale earnings for the three months ended March 31 beat the mean... →
Commodity prices drive Teck's Q1 profit to record C$1.6bn
By: Mariaan Webb 27th April 2022 Canadian diversified major Teck Resources has reported an “exceptional” start to 2022, with record-setting first quarter financial results on the back of high commodities prices. The TSX- and NYSE-listed miner reported record adjusted profit of C$1.6-billion, or C$3.02 a share in the first... →
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