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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... 

Nagle expresses firm belief in Glencore’s coal-depleting climate change strategy
Gary Nagle

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... 

DRDGold flies sky high on numbers never seen before
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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... 

Glencore ready to support transition to low-carbon economy – Glasenberg
Glencore CEO Ivan Glasenberg

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. 

DRDGold declares 60%-higher dividend on soaring earnings
DRDGold CEO Niël Pretorius

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... 

London listing on way as mining company strives to become green gold producer
Mayflower Capital executive Gerard Kisbey-Green interviewed by Mining Weekly ‘s Martin Creamer on the Kilimapesa gold-mining opportunity. Video: Darlene Creamer.

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. 

PGMs-linked hydrogen production on way with local electrolysers, 12J funding
Photo by Creamer Media
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.   

Sadpo, Vision Blue, PetroSA make headlines
Sadpo, Vision Blue, PetroSA make headlines

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. 

Challenges need to be met to further development
GOVERNANCE GOALS Governments in Canada, particularly those provinces responsible for resource development, need to be more aligned with national objectives, priorities and policies

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... 

Vision Blue helping world to achieve green dream with high-return prospects for investors
Sir Mick Davis interviewed by Mining Weekly’s Martin Creamer about Vision Blue Resources. Video: Darlene Creamer.

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... 

Platinum group metals outlook: constrained supply, very strong demand growth – WPIC
World Platinum Investment Council Director of Research Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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... 

Court orders Nornickel to pay $2bn fuel-spill fine

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... 

Miner supports  cobalt initiative,  secures investment
MULTI-STAKEHOLDER COLLABORATION Glencore is actively supporting the FCA, and are encouraging other relevant companies to join the initiative

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... 

African battery metals are central to global ESG agenda, says Indaba panel
Cobalt

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... 

Self-generation threshold must be increased, respondents concur
Photo by Impala Platinum
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’ 

Resources Watch
Resources Watch

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... 

Exxaro no longer investing in thermal coal as it strives for 2050 carbon neutral goal
Exxaro CEO Mxolisi Mgojo

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... 

Energy multinational outlines South Africa’s $100bn green hydrogen export opportunity

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... 

Lower attendance  but further reach for Indaba
CYRIL RAMAPHOSA The South African President will one of the keynote speakers at the virtual event

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... 

Blockchain carbon tracing proof of concept released
PROVING THE CONCEPT The blockchain carbon tracing proof of concept will improve the traceability of emissions from mine to final product

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... 

Export speed-up projects in spotlight at Richards Bay Coal Terminal
Richards Bay Coal Terminal’s presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

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... 

Third consecutive year of coal export decline from Richards Bay Coal Terminal
Richards Bay Coal Terminal’s presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

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... 

Green technology boost for African mining
President John Magufuli of Tanzania, seated, looks on as Tanzania's Chief Treasurer Athumani Mbutukwa receives share certificates from Kabanga Nickel vice chairperson Chris von Christierson (centre) and Kabanga Nickel CEO Chris Showalter (right).

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... 

Canada miners listed among world’s most sustainable corporations

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... 

Forrest paves the way for green steel
Photo by Bloomberg
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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