https://www.miningweekly.com
R/€ = 17.11 Change: -0.04
R/$ = 16.35 Change: -0.07
Au 1801.79 $/oz Change: -13.23
Pt 897.00 $/oz Change: -19.50
 

Environmental News

Debt-free Implats generates R15bn free cash, declares dividend, advances projects

By: Martin Creamer     1st March 2022 Platinum group metals (PGM) mining and marketing company Impala Platinum Holdings (Implats) on Tuesday delivered robust earnings and free cash flow generation for its half year ended December 31, despite the retracement in rand PGM pricing from recent highs and a decline in sales volumes.... 

Santos joins Korean partners in CCS

By: Esmarie Iannucci     1st March 2022 Oil and gas major Santos has inked a memorandum of understanding (MoU) with a number of Korean partners to jointly develop carbon capture and storage (CCS) projects. Santos, along with SK E&S, K-CCUS Association, CO2CRC and Korea Trade Insurance Corporation have signed the MoU to support and... 

Harmony spending R7.7bn on capital projects  

By: Martin Creamer     28th February 2022 Gold mining company Harmony Gold is in the process of spending R7.7-billion on capital projects. The biggest of these is the high-grade Zaaiplaats gold project at a capital cost of R4.5-billion. The Moab Khotsong mine will expand through Zaaiplaats. 

Picture supplied
Harmony CEO Peter Steenkamp speaks to Mining Weekly's Martin Creamer in a Teams interview. Video: Darlene Creamer

Forrest unveils A$3bn green energy plan for Squadron

By: Esmarie Iannucci     28th February 2022 Mining magnate Dr Andrew Forrest has continued his green energy push, unveiling a A$3-billion renewable energy precinct in Central Queensland, with contracts already issued for the immediate start of construction. Forrest’s Squadron Energy, has acquired Stage 1 and 2 of the Clarke Creek wind,... 

FFI starts construction of Queensland's GEM

By: Esmarie Iannucci     28th February 2022 The green developer Fortescue Future Industries (FFI) has started construction of the world’s largest electrolyser facility, marking the first stage of FFI’s Green Energy Manufacturing Centre (GEM) in Gladstone Queensland. The GEM will be powered by green energy and become a major new pollution... 

Australian emissions falling steadily - Minister

By: Esmarie Iannucci     28th February 2022 Australia’s emissions has fallen by 0.8% in the year to September, to 501.5-million tonnes, some 4-million tonnes lower than the same period in 2020. Over the same period, the nation’s economy grew 3.9%. 

Increased demand despite pandemic’s effects

By: Theresa Bhowan-Rajah     25th February 2022 Following structural changes at several client organisations that affected the available internal Enterprise and Supplier Development (ESD) implementation capacity, ESD advisory and project management firm Zevoli Growth Partners has had increased demand from companies that restructured their ESD... 

Zevoli GP executive director Mpopi Khupe
MPOPI KHUPE The impact of Covid-19 required that Zevoli fully digitise its ESD implementation approach

Investment into battery minerals increases

By: Anna Moross     25th February 2022 Namibia has consistently maintained its position as one of sub-Saharan Africa’s primary mining investment destinations, with increased investment in minerals such as cobalt, lithium and co 

An image of Warren Beech, CEO of Beech Veltman
WARREN BEECH Namibia’s increased investment in battery minerals is attributable to its extensive deposits and its stable and mature mining subsectors

DSI’s Maserumule reiterates South Africa’s green hydrogen ambitions

By: Schalk Burger     24th February 2022 South Africa is looking to build out funding opportunities and partnerships with international donors and countries that are aiming to decarbonise their own economies through the use of green hydrogen, Department of Science and Innovation (DSI) hydrogen and energy chief director Rebecca... 

IEA’s Global Methane Tracker shows emissions are on the rise again

By: Simone Liedtke     23rd February 2022 The International Energy Agency’s (IEA’s) Global Methane Tracker, released on February 23, shows that emissions from oil, gas and coal are on the rise again, underscoring the need for greater transparency, stronger policies and immediate action. The new IEA analysis states that global methane... 

IEA’s Global Methane Tracker shows emissions are on the rise again

Platinum group metals may also play role in batteries – Anglo American Platinum  

By: Martin Creamer     23rd February 2022 The unique properties of platinum group metals (PGMs) may also play a role in batteries, says Anglo American Platinum (Amplats) CEO Natascha Viljoen. Speaking to Mining Weekly in a Zoom interview, Viljoen highlighted how PGMs are poised to play a role, no matter the direction in which the energy... 

Creamer Media screenshot taken during presenttion of financial results.
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Mining industry progressing with energy transition to zero-emissions mines 

By: Schalk Burger     23rd February 2022 Energy and mining industry experts this week detailed how the mining industry is grappling with the technical challenges of transitioning existing, and preparing new, operations to become more efficient and integrating renewable energy sources to, eventually, facilitate net-zero emissions from... 

African miners aggressively pursuing decarbonisation

By: Tasneem Bulbulia     22nd February 2022 Mining companies are aggressively pursuing decarbonisation at their operations, with a myriad of different strategies, and varying timelines across the spectrum of miners, but with the same end-goal of reducing carbon emissions and ultimately achieving net-zero operations. This was indicated by... 

The solar and heavy fuel oil hybrid energy plant at B2Gold's Fekola mine
The solar and heavy fuel oil hybrid energy plant at B2Gold's Fekola mine

Kumba fast-tracking solar, customising green hydrogen, sees good lump premium prospects 

By: Martin Creamer     22nd February 2022 South Africa’s major iron-ore producer and marketer Kumba Iron Ore is fast-tracking solar power permitting and looking to wind energy, it is discussing the use of green hydrogen with particularly European customers, and it foresees relatively strong iron-ore prices continuing in the short term as... 

Supplied picture
Kumba Iron Ore marketing and seaborne logistics executive head Timo Smit.

Mayur and First Graphene join forces in carbon battle

By: Esmarie Iannucci     22nd February 2022 ASX-listed Mayur Resources has inked a collaboration agreement with fellow-listed listed First Graphene for the development of graphene derived additives for cement manufacturing specific to low carbon cements and Portland Limestone Cements (PLC). Mayur said in a statement on Tuesday that First... 

Cash-flush Kumba Iron Ore reports record earnings in exceptional year of delivery

By: Martin Creamer     22nd February 2022 Iron-ore mining and marketing company Kumba Iron Ore delivered record earnings of R64.6-billion in 2021, when it accumulated 47%-higher attributable free cash flow of R30.5 billion. The average realised export price of $161/t was 18% above benchmark helped the company to achieve a 63% earnings... 

Picture supplied
Kumba Iron Ore CEO Mpumi Zikalala

Multiple renewable energy forms being evaluated across South Africa – Anglo Platinum  

By: Martin Creamer     21st February 2022 Platinum group metals (PGMs) miner and marketer Anglo American Platinum (Amplats), which on Monday reported a record 2021 financial performance, is collectively evaluating options to access multiple forms of renewable energy across South Africa, including hydro pump power and wheeling renewable... 

Picture supplied
Anglo American Platinum’s record financial results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Second round of Future Fuels Fund opens

By: Esmarie Iannucci     21st February 2022 The federal government has opened the second round of its newly expanded A$250-million Future Fuels Fund to support uptake of low and zero emissions vehicles in commercial fleets. Businesses will be able to apply for grants under the second round of the Future Fuels Fund to support the uptake... 

Rio commits to a future at Tasmanian aluminium smelter

By: Esmarie Iannucci     21st February 2022 Diversified miner Rio Tinto will partner with the Tasmanian government to jointly investigate how the Bell Bay aluminium smelter’s manufacturing capability and electricity demand could support the development of new industries and renewable industry in the region. Under a memorandum of... 

4 000 families, 5 000 pupils taking advantage of DRDGold’s self empowerment   

By: Martin Creamer     18th February 2022 Johannesburg has a unique history. If not for mining, there would be no city. The mines, however, did not come to the city, rather the city came to the mines. What resulted was poorly regulated urbanisation and hundreds of thousands of people living in close proximity to former mining... 

Picture supplied
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Survey places ESG at top of miners' minds

By: Esmarie Iannucci     18th February 2022 A survey by law global firm White & Case has identified environmental and social governance (ESG), resource nationalisation and climate change regulation and shareholder activism as top concerns for 2022. “The mining industry has found itself caught between two competing themes when it comes to... 

Poverty alleviation programmes, red tape delays, Mantashe pushing renewables make headlines   

18th February 2022 Mining Weekly Editor Martin Creamer unpacks DRDGold’s programmes aimed at reducing poverty in mining communities; Minerals Council South Africa notes that red tape is holding up R90-billion worth of protects that are ready to go; and Gwede Mantashe has uncharacteristically touted renewables as a... 

Photo of Martin Creamer
Poverty alleviation programmes, red tape delays, Mantashe pushing renewables make headlines

Govt to spend A$47m to slash environmental tape

By: Esmarie Iannucci     18th February 2022 The Australian resources sector has welcomed an announcement by the federal government which will invest A$47-million to slash green tape for industry, protect the environment and improve transparency in project approvals. Minister for the Environment Sussan Ley said the funding will expand a... 

Image shows an opencut mine in Western Australia

No one-size-fits-all for mine decarbonisation – engineering firm

By: Nadine Ramdass     18th February 2022 Mining operations are energy intensive, with energy representing one of the sector’s biggest operational costs. Fossil fuels remain the primary feedstock, which leaves miners exposed to volatile gas, oil and coal prices. Consequently, an overarching challenge is decarbonisation, explains... 

An image of a vehicle being filled with fuel
FUELING THE FUTURE Miners can create zero-emission mobile equipment through a combination of EVs and alternative fuels

Miners seek to blend long-term value creation with zero-carbon future

By: Schalk Burger     18th February 2022 The mining industry is in an exceptional position to make a bold pivot to a sustainable future, and environmental, social and governance goals represent the most significant opportunity for the mining industry to create long-term value, trust and sustainable growth, says assurance and advisory... 

Engineering News and Mining Weekly cover photo

Company’s software can support exploration boom

By: Cameron Mackay     18th February 2022 The North American mining industry is experiencing a “remarkable period of expansion in exploration”, with mining companies rapidly turning to technology for support. This, in turn, is accelerating the uptake of software company Seequent’s solutions, states Seequent mining exploration director... 

Image of an open pit mine in Arizona, the US
GRADE-CONTROL OFFERING Instantly available and dynamically updated data improves geologists’ knowledge of a deposit, and their ability to predict the location, quality and quantity of the orebody

Project to help diversify critical minerals production

By: Cameron Mackay     18th February 2022 The shovel-ready status of North American miner Fortune Minerals’ NICO cobalt/gold/bismuth/copper project positions it well to help diversify the sources of critical minerals in North America in the near term, states Fortune Minerals president and CEO Robin Goad. The company announced in January... 

Image of a geologist conducting geology, exploration work
CRITICAL MINERALS DEMAND The vertically integrated NICO project would provide a reliable North American source of three Critical Minerals produced responsibly with Canadian ESG values

Acquisition helps improve mining digitalisation

By: Cameron Mackay     18th February 2022 Digital reality solutions developer Hexagon acquired drilling technology provider Minnovare last month; its solutions improve the speed, cost and accuracy of underground drilling. Hexagon Mining division chief technology officer Rob Daw says this acquisition by Hexagon’s mining portfolio is... 

Image of underground mining machinery
ENHANCING UNDERGROUND CAPABILITIES Hexagon recently acquired Minnovare, a leading provider of drilling technology that improves the speed, cost and accuracy of underground drilling

Hybrid PDAC allows for more stakeholder engagement

By: Cameron Mackay     18th February 2022 The decision to postpone the Prospectors & Developers Association of Canada’s (PDAC’s) convention, from March to June, offers “the best chance of success for all of our stakeholders” to engage in the event, states PDAC president Alex Christopher. He explains that capacity limits for indoor... 

Image of PDAC president Alex Christopher
ALEX CHRISTOPHER There are stakeholders all over the world who want access to the forum offered by the PDAC convention, be it online or in person

DRDGold building initial 20 MW solar, 100 MW storage at Ergo gold operation  

By: Martin Creamer     17th February 2022 With a view to reducing its carbon footprint as well as addressing the uncertainty of the supply and cost of electricity, surface gold mining company DRDGold has taken a decision to construct a solar power plant and a power storage facility at Ergo, the gold from mine waste operation on the East... 

Creamer Media screenshot taken during online results presnetation.
DRDGold CEO Niël Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Absolutely clear we’ll reduce Scope 1, 2 emissions by 30% by 2030 ­– Barrick 

By: Martin Creamer     17th February 2022 Gold and copper mining company Barrick has a detailed emission reduction roadmap in place that allows it to be unequivocal about the extent to which it will mitigate against climate change going forward. “We are absolutely clear that we will reduce our greenhouse gas emissions by 30% by 2030 and... 

Graphic provided by Barrick.
Emission reduction roadmap for Scope 1 and 2 emissions. Scope 3 roadmap on way.

Govt slams Origin plans to close Eraring

By: Esmarie Iannucci     17th February 2022 Energy producer and distributor Origin Energy on Thursday flagged the early retirement of its Eraring power station from 2032 to 2025, in New South Wales, saying coal-fired generation was no longer sustainable. The company has submitted a notice to the Australian Energy Market Operator (AEMO)... 

Appea calls for CCUS incentives in Qld

By: Esmarie Iannucci     17th February 2022 The Australian Petroleum Production and Exploration Association (Appea) has called on the Queensland government to use a new resources sector plan to boost investment in cleaner energy to reduce carbon emissions. In its submission for the Queensland Resources Industry Development Plan, Appea has... 

GIFA identifies nine mining-related sites for third party solar power development

By: Donna Slater     16th February 2022 The Gauteng Infrastructure Financing Agency (GIFA) has identified up to 11 sites in the West Rand area, which the Gauteng provincial government has earmarked for renewable energy plant development. The sites, made available through partnerships with local mining companies, have been confirmed,... 

DRDGold has 41 programmes to take mine communities out of poverty  

By: Martin Creamer     16th February 2022 Surface gold recovery company DRDGold, which on Wednesday continued its uninterrupted 15-year run of dividend paying, highlighted its R100-milllion-plus half-year contribution to the fiscus in income tax as an important current underpin of social systems that are helping the country to avoid... 

Screenshot taken by Creamer Media during presentation
DRDGold results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hunter-Central REZ draws a crowd

By: Esmarie Iannucci     16th February 2022 More than A$100-billion of potential energy investments have emerged for the Hunter-Central Coast Renewable Energy Zone (REZ). New South Wales Treasurer and Energy Minister Matt Kean on Wednesday reported that the state government had received commercial interest from 24 solar energy projects,... 

Cash-flush DRDGold declares interim dividend on higher gold recoveries, prices

By: Martin Creamer     16th February 2022 Debt-free surface gold mining company DRDGold on Wednesday declared an interim dividend of 20 c a share for the six months to end December. The strong finish was attributed mainly to an increase in gold recoveries and a higher average gold price compared with the first three months of the period... 

From Creamer Media picture files.
DRDGold CEO Niël Pretorius

It’s records all round for Glencore in ‘terrific’ 2021  

By: Martin Creamer     15th February 2022 2021 was a terrific year for the company, Glencore CEO Gary Nagle said on Tuesday, when he reported record earnings before interest tax depreciation and amortisation (Ebitda) of $21.3-billion, a record marketing performance Ebit of $3.7-bilion, and a record industrial business performance of... 

Screenshot taken by Creamer Media during Glencore's presentation of results.
Glencore’s record financial results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
3 4 5 6
7
8 9 10 11
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now