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Diversified Miners News

Glencore clinches marketing relationship with US metals business 

By: Martin Creamer     9th February 2022 Diversified mining and marketing company Glencore has entered a strategic global marketing relationship with United States Strategic Metals, formerly Missouri Cobalt. Involved is a long-term offtake agreement for 100% of the US company’s products, which include cobalt and nickel sulphates,... 

Anglo starts up new metallurgical coal mine 

By: Martin Creamer     9th February 2022 Diversified mining company Anglo American announced on Wednesday that its new Aquila mine has achieved its first longwall shear of steelmaking metallurgical coal on schedule and on budget, marking the project’s final stages of construction and commissioning. The new mine, which will have a total... 

Supplied picture
Anglo American Bulk Commodities CEO Themba Mkhwanazi

BHP looks at direct shipping to the Pilbara

By: Esmarie Iannucci     9th February 2022 Diversified major BHP has announced plans to increase the direct shipping of supplies from Singapore to Port Hedland. BHP has been trialling direct shipping to Port Hedland since 2020 and will now ship 7.5% of the containerised supplies it receives into its Western Australian iron-ore operations... 

Directors face potential liability for climate change risks – Webber Wentzel 

By: Martin Creamer     8th February 2022 Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks, Webber Wentzel partner Merlita Kennedy and associate Tobia Serongoane stated on Tuesday. In a release to Mining... 

Creamer Media montage
Webber Wentzel associate Tobia Serongoane (left) and partner Merlita Kennedy.

Meridian brushes off Tiwai Point talks

By: Esmarie Iannucci     8th February 2022 Energy provider Meridian Energy on Tuesday confirmed that it was not in discussions with the owners of the Tiwai Point aluminium smelter, in New Zealand, despite reports that project owner Rio Tinto was looking to extend the project life beyond 2024. New Zealand’s public broadcaster, RNZ... 

BHP invests further in low-carbon steelmaking

By: Esmarie Iannucci     7th February 2022 Diversified miner BHP on Monday announced plans to extend its partnership with the Centre for Ironmaking Materials Research (CIMR) at the University of Newcastle, funding a further A$10-million to support ongoing research into decarbonising steelmaking. The expanded research program will focus... 

BHP welcomes LNG-driven carriers

By: Esmarie Iannucci     7th February 2022 Mining major BHP has welcomed the world’s first liquefied natural gas (LNG)-fuelled Newcastlemax bulk carrier, which will transport iron-ore between Western Australia and Asia from 2022. The miner previously chartered five LNG-fuelled bulk carriers from Eastern Pacific Shipping (EPS) for a... 

Renewables, Ubuntu, GreenCape make headlines   

4th February 2022 Mining Weekly Editor Martin Creamer unpacks Anglo American's low-cost renewables; Ubuntu principles in going green; and clean energy opportunities in Mpumalanga for the GreenCape organisation.   

Photo of Martin Creamer
Renewables, Ubuntu, GreenCape make headlines

Exxaro strengthens board with nonexec appointments

By: Marleny Arnoldi     3rd February 2022 JSE-listed diversified miner Exxaro Resources has appointed Dr Pumla Mnganga, Karin Ireton, Billy Mawasha, and Ben Magara to the board as independent nonexecutive directors, effective February 7. Mnganga is the founder and MD of Lehumo Women’s Investment Holdings and previously served as... 

Former Lonmin CE Ben Magara
Photo by Creamer Media
Former Lonmin CE Ben Magara

South Africa urges Rio Tinto workers to report cases of discrimination

By: Reuters     3rd February 2022 South Africa's labour ministry on Thursday urged Rio Tinto workers to report instances of discrimination after the Anglo-Australian miner released an internal report detailing sexual assault, racism, and bullying across its mines. The report, which sparked calls from investors for the entire... 

Renewables come in at less than half of what we’re paying for energy – Anglo 

By: Martin Creamer     3rd February 2022 Failure to wholeheartedly embrace the generation of renewable energy is out-and-out business folly. Anglo American and Engie made this perfectly clear on Thursday when they revealed that renewables come in at less than half the price of South Africa’s currently high-priced carbon-intensive power... 

Creamer Media screenshot during webinar
Photo by Creamer Media
From left, Natascha Viljoen, Jonathan Debasc and Fahmida Smith.

Billionaire Agarwal weighs Vedanta merger with India unit

By: Bloomberg     3rd February 2022 Indian billionaire Anil Agarwal is considering a potential merger of his commodity empire’s indebted holding company with cash-rich listed unit Vedanta, people familiar with the matter said. The tycoon has held preliminary discussions with prospective advisers about the idea of combining his... 

ESG, environment and staff at top of mind for miners - Deloitte

By: Esmarie Iannucci     3rd February 2022 Talent recruitment and retention, and working towards a low carbon future has been flagged as some of the top trends Australian miners will face in 2022. Advisory firm Deloitte this week released its 14th annual Tracking the Trends report, which explores the key trends facing mining companies... 

Image shows openpit mine site, with large dump trucks

Glencore enters battery recycling JV, targeting renewable-powered facility 

By: Martin Creamer     3rd February 2022 Diversified mining and marketing company Glencore has entered a battery recycling joint venture (JV) with strategic partner and battery pioneer Britishvolt, a UK battery cell technologies and research and development investor.   

Screenshot
Britannia Refined Metals operation in Northfleet, UK.

Resources Watch  

2nd February 2022 This week: South Africa's RBCT exports lowest coal tonnage since 1996; Hydrogen roadmap targeting societal well-being, North West conference told; And, Speed up solar, wind and storage developments – Easton 

Resources Watch Image
Resources Watch

Glencore reports 43% higher ferrochrome production  

By: Martin Creamer     2nd February 2022 Diversified mining and marketing company Glencore on Wednesday reported 43% higher ferrochrome production in its full year 2021 production report.   

Picture supplied
Gary Nagle

Construction starts at Nickel West's solar plant

By: Esmarie Iannucci     2nd February 2022 Construction has started on one of the world’s largest off-grid mining solar and battery energy storage systems at mining major BHP’s Nickel West Mt Keith and Leinster operations. The Northern Goldfields solar project, being built by TransAlta, includes a 27.4 MW solar farm at Mt Keith, a 10.7 MW... 

Vale closed its eyes to corruption allegations, says Steinmetz

By: Bloomberg     1st February 2022 Billionaire Beny Steinmetz has thrown Vale's charge of fraud back in its face, claiming the Brazilian mining giant was well aware of allegations that the Guinean mining rights it agreed to buy had been secured illegally. Steinmetz and five other associates linked to his company BSGR have been... 

Beny Steinmetz
Beny Steinmetz

Abuse running rife in Rio ranks - report

By: Esmarie Iannucci     1st February 2022 An external review of diversified miner Rio Tinto’s workplace culture has found incidents of bullying, sexual harassment, racism and other forms of discrimination throughout the company. The review, commissioned as part of Rio’s commitment to ensure sustained cultural change across its global... 

Image shows safety gear with Rio Tinto insignia

South Africa needs to embrace Ubuntu principles in going green, webinar hears 

By: Martin Creamer     31st January 2022 In decarbonising and going green, South Africa needs to embrace the principles of Ubuntu and show humanity towards others. That view was expressed by Gold Fields South Africa executive VP Martin Preece during the 'Decarbonisation & Going Green in the Mining Sector' webinar hosted by Creamer Media... 

Screenshot by Creamer Media
Photo by Creamer Media
From top left, clockwise, are Abel Sakhau, Martin Preece, Jevon Martin, Nikisi Lesufi and James Mackay.

Wescoal proposes name change as it seeks to diversify

By: Darren Parker     31st January 2022 JSE-listed coal miner Wescoal Holdings has proposed changing its name to Salungano Group as it plans to diversify. In a statement issued to shareholders on January 31, Wescoal’s board of directors said the new name was chosen to better reflect the company’s diversification strategy, through which... 

A photo of coal
The company can no longer operate as Wescoal, as the name implies it is a coal company.

Top miners hurt by labour squeeze in Australia's hermit state

By: Bloomberg     31st January 2022 From explosives experts to truck drivers, labour shortages are becoming an increasing challenge for mine operators across Western Australia after the state abandoned plans to end Covid-related border controls. The state’s resources industry, which is a crucial source of revenue for Australia,... 

Western Australian Premier Mark McGowan
Western Australian Premier Mark McGowan

BHP's new shares ready for listing

By: Esmarie Iannucci     31st January 2022 Diversified major BHP’s unification has become effective, and amendments to the company’s constitution were approved by shareholders. The UK Court last week sanctioned the BHP Group Plc scheme of arrangement to effect the unification of BHP’s corporate structure. 

Green energy transition will help South Africa become more resilient, competitive   

By: Schalk Burger     28th January 2022 South Africa needs more power generation to overcome the supply gap and underpin economic growth, and investments by private companies, including mining houses, are essential to close that gap. Renewable energy projects provide good economic prospects, help to decarbonise the mining sector and... 

Solar panels installed by Cennergi
Creamer Media on January 28 hosted a webinar on decarbonisation and going green in the mining sector. Video and editing: Nicholas Boyd.

Teck increases Covid-19 capital budget for QB2

By: Mariaan Webb     28th January 2022 Diversified mining group Teck Resources has increased Covid-19 capital guidance for the Quebrada Blanca Phase 2 (QB2) project, in Chile, by up to $500-million, citing cost pressures as a result of absenteeism and labour inefficiencies related to the pandemic. The company now assumes that the... 

Hydrogen, coal exports make headlines   

28th January 2022 Mining Weekly Editor Martin Creamer discusses South Africa’s hydrogen roadmap targeting societal well-being; South Africa offsetting losses from the eventual decline in coal export by using hydrogen direct reduced iron technology; and the Richards Bay Coal Terminal's lowest volume of coal exports... 

Photo of Martin Creamer
Hydrogen, coal exports make headlines

Miner’s transition plan to benefit all stakeholders

By: Cameron Mackay     28th January 2022 As part of diversified miner Sibanye-Stillwater’s development of renewable-energy projects, the miner has created an Infrastructure for Impact programme to benefit all its relevant stakeholders while executing these energy infrastructure projects, explains Sibanye-Stillwater energy and... 

Image of Sibanye-Stillwater investor relations senior VP James Wellsted
JAMES WELLSTED Our broader strategy is aligned with the just transition, and over time we’re going to evolve as a company to produce materials used for improving the environment

Sustainability, majority shareholder driving miner’s strategy

By: Cameron Mackay     28th January 2022 Local gold producer DRDGold CEO Niël Pretorius says the market response to the global transition to clean energy, as well as the strategy and energy plans of the company’s majority shareholder, diversified miner Sibanye-Stillwater, are important considerations in shaping DRDGold’s strategy for... 

Image of DRDGOLD CEO Niël Pretorius
NIËL PRETORIUS our strategy remains to deliver economic value by applying our technology, management system and skillset to reclaim and treat material at a rate and level of efficiency

Mining majors included in Bloomberg 2022 Gender Equality Index  

By: Darren Parker     27th January 2022 Major mining companies AngloGold Ashanti, Sibanye-Stillwater, Exxaro Resources, Gold Fields, Impala Platinum, Anglo American Platinum (Amplats), Kumba Iron Ore, Harmony Gold and Newmont have all been included in software and media company Bloomberg’s 2022 Gender Equality Index (GEI). The... 

A photo of two female miners in PPE looking at a chart
A total of 418 companies from across 45 countries were included in in Bloomberg’s 2022 Gender Equality Index

Wits pays tribute to Professor Emeritus Huw Phillips

By: Tasneem Bulbulia     27th January 2022 The University of the Witwatersrand (Wits) has paid tribute to the late Professor Emeritus Huw Phillips – a Wits stalwart known for his teaching, research and leadership in mining engineering the world over. “An integral part of the Wits community, Professor Phillips left an indelible mark in his... 

Anglo increases copper guidance for 2022 as Peru mine comes online

By: Marleny Arnoldi     27th January 2022 Global miner Anglo American says its production for the fourth quarter of 2021 was flat compared with output in the fourth quarter of 2020. CEO Mark Cutifani noted on January 27 that operating levels across the group had been at about 95% of normal capacity throughout 2021 as a result of... 

Anglo CEO Mark Cutifani
Anglo CEO Mark Cutifani

UK Court backs BHP's restructure plans

By: Esmarie Iannucci     27th January 2022 The UK Court has sanctioned diversified miner BHP’s unification scheme of arrangement, meaning the company’s simplification plans would become effective on January 28, when the UK Court Order will be delivered to the UK Registrar of Companies. BHP shareholders earlier this month voted on the... 

Resources Watch  

26th January 2022 This week: Early income bonanza for funded Witwatersrand gold mining reviver; Hillside Aluminium could get green lifeline by 2030; And, Early copper/zinc production investigations under way at Orion’s Prieska 

Resources Watch
Resources Watch

BHP starts Spence automation

By: Esmarie Iannucci     25th January 2022 Major BHP has started autonomous drilling at its Spence copper operation, in Chile. The miner said on Tuesday that five autonomous drills will gradually be put into operation at Spence, with the company hoping that 100% of its drill pool would eventually becoming autonomous. 

Rio strikes deal to start Oyu Tolgoi underground

By: Esmarie Iannucci     25th January 2022 Diversified miner Rio Tinto has announced the restart of underground operations at the Oyu Tolgoi project, in Mongolia, after reaching an agreement with the government of Mongolia. Rio said in a statement that the agreement will move the Oyu Tolgoi project forward, resetting the relationship... 

Image shows underground workings at Oyu Tolgoi

South32 warns of global Covid impacts

By: Esmarie Iannucci     24th January 2022 Despite a strong December quarter, diversified miner South32 on Monday warned shareholders that labour shortages and freight bottlenecks would impact global operations this year. “We achieved a number of strong production results across our portfolio and realised significantly higher commodity... 

SWS, Hillside Aluminium, Aus investment make headlines   

21st January 2022 Mining Weekly Editor Martin Creamer unpacks huge advantages in South Africa modifying its Integrated Resource Plan to focus its energy effort exclusively solar, wind and storage; Hillside Aluminium which could go green by 2030; and Australian investment in Orion’s Prieska as well as in West Wits... 

Photo of Martin Creamer
SWS, Hillside Aluminium, Aus investment make headlines

Fertiliser giant Nutrien may be a target for BHP, analyst says

By: Bloomberg     21st January 2022 The world’s top fertiliser producer could be a takeover target for BHP Group after a “peculiar” CEO change earlier this month, according to research from Gordon Haskett. The surprise exit of Nutrien CEO Mayo Schmidt to start the year after only eight months on the job suggests the company is... 

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