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Environmental News
Resources Watch 
17th February 2021 This week: Vision Blue helping world to achieve green dream with high-return prospects for investors; Alluvial diamond miners outline way to save fast-shrinking industry; And, Generator supplier completing two orders →
Nagle expresses firm belief in Glencore’s coal-depleting climate change strategy 
By: Martin Creamer 16th February 2021 Firm belief in the climate change strategy being embarked upon by diversified mining and marketing company Glencore was expressed on Tuesday by incoming Glencore CEO Gary Nagle, Outgoing Glencore CEO Ivan Glasenberg announced in December that he would be handing over the reins of the global... →
DRDGold flies sky high on numbers never seen before
By: Martin Creamer 16th February 2021 Surface gold recovery company DRDGold flew sky high in the six months to the end of December on financial returns never seen before. “We’ve never seen numbers like this. I mean the cash operating profit was R1.4-billion and earnings R950-million. These are numbers over a six-month period. It’s... →
Glencore ready to support transition to low-carbon economy – Glasenberg
By: Martin Creamer 16th February 2021 Diversified mining and marketing company Glencore is ready to support the transition to a low-carbon economy, CEO Ivan Glasenberg said on Tuesday when the company reported finishing 2020 with earnings before interest tax depreciation and amortisation (Ebitda) of $11.6-billion, Covid-19... →
DRDGold declares 60%-higher dividend on soaring earnings
By: Martin Creamer 16th February 2021 Surface gold recovery company DRDGold has declared an interim cash dividend on soaring six-month earnings. The operating profits of the Johannesburg- and New York-listed company, headed by CEO Niël Pretorius, rose by 100% to R1.4-billion in the six months to the end of December. →
London listing on way as mining company strives to become green gold producer
By: Martin Creamer 15th February 2021 A Kenyan gold asset with expansion, exploration and green status upside is scheduled to reverse list on the London Stock Exchange in March. The Kilimapesa gold mine, with a declared Joint Ore Reserves Committee resource of 670 000 oz, is an operating three-adit asset with fairly extensive... →
PGMs-linked hydrogen production on way with local electrolysers, 12J funding
By: Martin Creamer 15th February 2021 South African company Hydrox Holdings of Randburg is developing an advanced alkaline electrolyser to supply what it describes as “huge hydrogen demand”. The zero gap system will be the first locally produced electrolyser for South Africa and Africa, Hydrox states in a media release to Mining Weekly. →
Hydrox Holdings CEO Corrie de Jager
Sadpo, Vision Blue, PetroSA make headlines
12th February 2021 Mining Weekly Editor Martin Creamer unpacks the South African Diamond Producers Organisation's ideas to save the industry, Vision Blue’s high-return prospects for investors and how green hydrogen and powerfuels could revive PetroSA and create a 160-billion euro export platform. →
Appea confirms climate commitments
12th February 2021 The Australian oil and gas sector has reaffirmed its commitment to meeting emissions reduction targets consistent with the objectives of the Paris Agreement, while maintaining affordable, secure energy supplies to consumers and industries that provide jobs and economic growth. Releasing the... →
Challenges need to be met to further development
By: Mamaili Mamaila 12th February 2021 While Canada’s mineral potential is well recognised, it has several challenges that need to be addressed to capitalise on the resource development opportunity, says North American mine developer Fortune Minerals president and CEO Robin Goad. →
Environmental attorneys, activists welcome High Court's SLAPP judgment
By: Donna Slater 11th February 2021 Nonprofit shareholder activism and responsible investment organisation Just Share’s board of directors has welcomed an “important” High Court judgment, handed down on February 9, in relation to a Strategic Litigation Against Public Participation (SLAPP) lawsuit initiated by Australian minerals... →
Implats scores an A for water disclosure
By: Schalk Burger 11th February 2021 Platinum-group metals (PGM) producer Impala Platinum (Implats) says it has received an A rating for its water disclosure submission to global voluntary disclosure nonprofit organisation CDP for the 2020 CDP Water Disclosure Project. The rating, which also marks the second consecutive year Implats... →
Vision Blue helping world to achieve green dream with high-return prospects for investors
By: Martin Creamer 10th February 2021 The world’s energy transition away from fossil fuels is a phenomenon that is not dependent on any assumptions about gross domestic product (GDP) growth or countries urbanising or industrialising. It is a phenomenon driven by international consensus that the carbon footprint of the world has to be... →
BHP pledges $15m to decarbonise the steel industry
By: Esmarie Iannucci 10th February 2021 Diversified miner BHP has signed a memorandum of understanding (MoU) with Japanese steel producer JFE Steel to jointly study technologies and pathways capable of making material reductions to greenhouse-gas emissions from the integrated steelmaking process. BHP on Wednesday said that it was... →
Platinum group metals outlook: constrained supply, very strong demand growth – WPIC
By: Martin Creamer 8th February 2021 The outlook for platinum group metals (PGMs) is one of constrained supply and very strong demand growth. “You’ve got the entire PGMs suite that is short and that certainly will translate into tight markets,” World Platinum Investment Council (WPIC) Director of Research Trevor Raymond told Mining... →
UNSW report questions Glencore's McArthur River expansion
By: Esmarie Iannucci 8th February 2021 A new report by the University of New South Wales (UNSW) has warned that up to 22 sacred Indigenous sites and an important river system in the Northern Territory face irreversible cultural and ecological damage if operations at diversified miner Glencore’s McArthur River zinc mine continue... →
Court orders Nornickel to pay $2bn fuel-spill fine
By: Bloomberg 5th February 2021 A Russian court ruled that MMC Norilsk Nickel should pay 146-billion rubles ($1.95-billion) in compensation for an Arctic fuel spill, RIA Novosti said, in line with a demand by the nation’s ecological watchdog. In July, the Federal Service for Supervision of Natural Resources, known as... →
Miner supports cobalt initiative, secures investment
By: Cameron Mackay 5th February 2021 Diversified miner Glencore is playing a significant supporting role in The Fair Cobalt Alliance (FCA), a multi-stakeholder initiative to support the production of fair cobalt in the Democratic Republic of Congo (DRC), says Glencore lead cobalt trader David Brocas. “We operate industrial mines in... →
Glencore, Century Aluminum ink sale of 150 000 t of Natur-Al aluminium
By: Simone Liedtke 4th February 2021 Glencore and Century Aluminum Company have finalised the sale of 150 000 metric tons of Natur‐Al aluminium over five years to Austrian firm Hammerer Aluminium Industries (HAI). Natur‐Al products are made with energy from 100% renewable sources at Century’s Norðurál Grundartangi aluminum plant in... →
African battery metals are central to global ESG agenda, says Indaba panel
By: Marleny Arnoldi 4th February 2021 The world is increasingly electrifying, while also focusing on environmental protection using green technology to do so, and Africa needs to capture as much of the investment value that goes along with those trends, Bushveld Minerals CEO Fortune Mojapelo has said. Speaking during a panel... →
Self-generation threshold must be increased, respondents concur
By: Martin Creamer 4th February 2021 Minerals Council South Africa, Business Unity South Africa and individual mining companies have applauded the support that Eskom CEO Andre de Ruyter has given to the lifting of the licencing exemption threshold for electricity generation to 50 MW. During the ENSafrica webinar on February 2, De... →
Impala Platinum Executive Sustainable Development Dr Tsakani Mthombeni… wheeling would allow mines to share the power across their various operations.
Resources Watch
3rd February 2021 De Beers adopts strategy to meet carbon-neutral ambition; Third consecutive year of coal export decline from Richards Bay Coal Terminal; And, Transitioning fossil-fuel labour forces into new sectors critical for ‘clean, just energy transitions’ →
Exxaro no longer investing in thermal coal as it strives for 2050 carbon neutral goal
By: Simone Liedtke 3rd February 2021 Diversified miner Exxaro Resources will no longer invest in thermal coal assets, as this forms part of the company’s transition to becoming carbon neutral by 2050 in terms of Scope 1 and Scope 2 emissions, CEO Mxolisi Mgojo said on February 2. Speaking during an environmental, social and... →
Energy multinational outlines South Africa’s $100bn green hydrogen export opportunity 
By: Terence Creamer 2nd February 2021 French energy multinational Engie says that South Africa is ideally positioned, by virtue of its solar and wind endowments, to emerge as a global leader in the production of green hydrogen and derivative carbon-neutral fuels and chemicals, which could generate domestic and export revenues worth... →
Sibanye highlights importance of wetland preservation
By: Marleny Arnoldi 2nd February 2021 Precious metals miner Sibanye-Stillwater has highlighted the importance of preserving wetlands, as it celebrates World Wetlands Day on February 2. Sibanye operates in South Africa and the US, which have 26 and 41 Ramsar sites, respectively. In 1971, the Ramsar Convention for the protection of... →
Minister approves Lake Wells development
By: Esmarie Iannucci 2nd February 2021 The Lake Wells sulphate of potash (SOP) project has been granted full environmental approval by Western Australia’s Environment Minister Stephen Dawson. ASX-listed Australian Potash MD and CEO Matt Shackleton on Tuesday said the company was pleased with another significant milestone in the... →
Opinion: Good job, Minister Mantashe – now more of the same
2nd February 2021 Ahead of this year's virtual Investing in African Mining Indaba, law firm Webber Wentzel commends Mineral Resources Minister Gwede Mantashe and the Department of Mineral Resources and Energy (DMRE) for continuing to work tirelessly throughout the Covid-19-related lockdown but calls for further... →
Lower attendance but further reach for Indaba
By: Darren Parker 29th January 2021 This year’s two-day Investing in African Mining Indaba virtual conference is expected to host about half of the usual attendance figures at the seven-day event, held in Cape Town in years prior. A spokesperson for event organiser Hyve tells Mining Weekly that about 3 000 delegates are expected to... →
Blockchain carbon tracing proof of concept released
29th January 2021 The World Economic Forum’s Mining and Metals Blockchain Initiative (MMBI) announced in December that it had released a proof of concept that uses distributed ledger technology to track embedded greenhouse gas emissions with a focus on end-to-end traceability. The initiative, a collaboration... →
Export speed-up projects in spotlight at Richards Bay Coal Terminal
By: Martin Creamer 28th January 2021 South Africa’s Richards Bay Coal Terminal is going all out to raise its export efficiency in a bid to counter ship queuing. With the R1.34-billion worth of stacker reclaimers and shiploaders provided in 2018 putting in solid performances, RBCT has now turned to debottlenecking conveyor projects... →
MCA welcomes EPBC Act reform suggestions
By: Esmarie Iannucci 28th January 2021 The Minerals Council of Australia (MCA) has welcomed the final report of an independent review of the Environment Protection and Biodiversity Conservation (EPBC) Act, saying it would help guide reforms to secure a better environment, more jobs and a faster economic recovery. The report,... →
Third consecutive year of coal export decline from Richards Bay Coal Terminal
By: Martin Creamer 27th January 2021 Coal exports from South Africa’s Richards Bay Coal Terminal (RBCT) last year declined for the third consecutive year, with the 70.2-million tons exported to mainly Asia and single-digit percentages to Africa and Europe, taking exports back to what they were in 2013. In 2020, two-million fewer... →
Four mining companies adopt Mining Local Procurement Reporting Mechanism
By: Donna Slater 27th January 2021 Mining Shared Value (MSV), a nonprofit initiative of Engineers Without Borders Canada, reports that four mining companies have, so far, adopted the Mining Local Procurement Reporting Mechanism (LPRM), with two more confirming their plans to do so shortly. Ivanhoe Mines became the first company... →
Green technology boost for African mining
By: Martin Creamer 26th January 2021 The key to unlocking value of Kabanga Nickel and enabling the full beneficiation of new era metals in Tanzania is an environment-friendly hydrometallurgy process that eliminates smelting and thus slashes the need for electricity. The Kabanga Nickel Hydromet process – which takes ore to refined... →
Canada miners listed among world’s most sustainable corporations
By: Mariaan Webb 26th January 2021 Canada’s Agnico Eagle and Teck Resources have earned themselves places on the Corporate Knights’ latest index of the world’s most sustainable corporations, garnering recognition as leaders in sustainability on a global stage. With an overall score of 60.6%, Agnico Eagle placed seventy-third and... →
Forrest paves the way for green steel
By: Esmarie Iannucci 22nd January 2021 Mining magnate Andrew Forrest has pledged iron-ore major Fortescue to a green energy future, unveiling plans for green steelmaking in the Pilbara. In the first ABC Boyer Lecture for 2021, which will be aired over the weekend, Forrest in a recorded message stated that Fortescue would build... →
Fortescue founder and chairperson Andrew Forrest
Lake Wells EPA issues cleared
By: Esmarie Iannucci 22nd January 2021 The Western Australian Minister for Environment has resolved an appeal against the Environmental Protection Authority’s (EPA’s) approval of ASX-listed Australian Potash’s Lake Wells sulphate of potash (SoP) project. Australian Potash told shareholders on Friday that the Minister was satisfied... →
Family men or forest destroyers? Meet the miners living off the Amazon's gold
By: Reuters 21st January 2021 One man working deep in Brazil's Amazon said he knows how to stop the illegal logging, gold mining, deforestation and fires plaguing the region: let President Jair Bolsonaro carry out his plans to develop the rainforest. "If people listen to him and believe in his ideas ... many of the... →
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