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Iridium News

Ramaphosa to deliver keynote address at Mining Indaba

By: Martin Creamer     Updated 29 minutes ago South African President Cyril Ramaphosa has confirmed his attendance at the Mining Indaba taking place in Cape Town next week, from Monday to Thursday. Ramaphosa, accompanied by eight ministers and three deputy ministers, will deliver a keynote address on Tuesday, 7 February. 

Wesizwe to commission Bakubung processing plant in March or April

By: Marleny Arnoldi     Updated 1 hour 23 minutes ago JSE-listed platinum miner Wesizwe Platinum has identified various deficiencies at its Bakubung platinum mine’s processing plant, in Rustenburg, in North West, after a test run of the entire system. Some of the snags include electrical malfunctioning of the flotation machine, a leak in the process... 

Squeezed mining companies face growth dilemma

By: Reuters     31st January 2023 High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to robust commodity prices, China's reopening and the role of minerals in decarbonising the economy. Although years of cost discipline have repaired... 

Solar saving gold mine $145 000 a month, more renewables on way, says Pan African 

By: Martin Creamer     30th January 2023 The 10 MW solar power plant at Evander is averaging savings of $145 000 a month for the Mpumalanga gold mine, Pan African Resources said on Monday. Construction is scheduled to begin in June on yet another solar facility, this time an 8 MW photovoltaic solar plant at Barberton Mines’ gold... 

Shaft at Evander gold mine.
Shaft at Evander gold mine.

Green hydrogen research given R35m boost 

By: Martin Creamer     27th January 2023 South Africa's North-West University (NWU) is investing around R35-million in strategic funding to advance green hydrogen research over the next five years.   This follows the announcement that Hydrogen South Africa Infrastructure Centre of Competence (HySA CoC) at NWU is collaborating with... 

Hydrogen South Africa solar power installation at NWU to supply renewable power for hydrogen production.
Hydrogen South Africa solar power installation at NWU to supply renewable power for hydrogen production.

Metals, mining industry execs pessimistic about global growth, CRU study finds

By: Tasneem Bulbulia     24th January 2023 More than half (52%) of global commodities business intelligence company CRU’s clients in the metals and mining industries expect global gross domestic product (GDP) to grow by no more than 1% this year, according to its yearly macroeconomic survey of clients, which polled global clients from the... 

Sasol secures first hydrogen-linked renewable energy supply contract  

By: Martin Creamer     24th January 2023 Chemicals and energy company Sasol has signed a long-term contract for the supply of 69 MW of renewable energy to its Sasolburg site in the Free State – the first of several agreements Sasol intends finalising in the coming months as it secures the renewable energy supply required to produce... 

Sasol energy business executive VP Priscillah Mabelane.
Photo by Creamer Media Chief Photographer Donna Slater
Sasol energy business executive VP Priscillah Mabelane.

Green hydrogen mine mobility on way in India to platinum applause

By: Martin Creamer     19th January 2023 India has opted for hydrogen fuel-cell heavy-duty mine truck mobility in a green initiative that will have platinum group metals (PGMs) miners applauding. This is because the clean emission-free power will come from proton exchange membrane PEM technology, which is PGM-enabled. 

Anglo American's large nuGen zero emissions haulage solution.
Photo by Creamer Media
Anglo American's large nuGen zero emissions haulage solution.

Africa can export its sunshine as hydrogen, prof highlights ahead of big Sun City event  

By: Martin Creamer     18th January 2023 JOHANNESBURG (miningweekly.com) – In the past, geopolitics was such that oil- and gas-rich countries developed faster, but now countries that are able to export their sunshine in the form of hydrogen will be the ones in the pound seats as the world transitions to clean, green energy. 

Hydrogen South Africa Infrastructure Competence Centre director Professor Dmitri Bessarabov.
Hydrogen South Africa's Prof Dmitri Bessarabov interviewed by Mining Weekly's Martin Creamer.

China’s reopening should underpin commodity demand acceleration – Barclays 

By: Martin Creamer     13th January 2023 China’s reopening and ‘whatever it takes’ approach to the property sector are tectonic shifts that should underpin an acceleration in commodity demand through 2023, say Barclays Equity Research analysts. 2023 is set to be another strong year for miners, European metals and mining analysts Amos... 

Iron-ore sparkle.
Iron-ore sparkle.

Lithium sales from South Africa on track to begin this month, Marula Mining reports  

By: Martin Creamer     12th January 2023 Sales of lithium processed out of stockpiles at the Blesberg project in the Northern Cape are expected to commence this month. “We’re on track for the first delivery of a thousand tons through to the offtake party that we’ve contracted with,” Marula Mining CEO Jason Brewer told Mining Weekly in a... 

Marula Mining CEO Jason Brewer.
Marula Mining CEO Jason Brewer interviewed by Mining Weekly's Martin Creamer.

Heavy rainfall cuts Tharisa’s mining volumes for the Dec quarter

By: Marleny Arnoldi     11th January 2023 Platinum group metals and chrome miner Tharisa Minerals has reported a decline in its mining volumes to 1.08-million tonnes in the quarter ended December 31, owing to “unprecedented rainfall”. This compares to mining volumes of 1.31-million tonnes in the quarter ended September 30, and... 

Platinum-boosting clean hydrogen projects, patents are all the rage 

By: Martin Creamer     11th January 2023 The implementation agreement for Namibia’s planned multibillion-dollar Hyphen Hydrogen Energy project is scheduled to commence in the first quarter of this year, Namibia President Hage Geingob revealed in his 2023 New Year’s message. Egypt has granted approval for two green hydrogen projects in... 

Clean hydrogen patent innovation is all the rage, say IEA and EPO.
Clean hydrogen patent innovation is all the rage, say IEA and EPO.

Pronounced platinum production plummet­ predicted by independent consultant 

By: Martin Creamer     10th January 2023 Global mine supply of platinum will fall by 500 000 oz to a million ounces as South Africa’s power shortage lowers production from 2023 to 2027, independent precious metals consultant Dr David Davis calculates in a summary report on platinum group metals (PGMs) production and Eskom. Davis, who... 

Independent consultant Dr David Davis
Photo by Creamer Media
Independent consultant Dr David Davis

Enable South Africa to become green hydrogen centre – ANC

By: Martin Creamer     9th January 2023 Enabling South Africa to become a green hydrogen centre through government support is highlighted in the January 8 Statement 2023 of the National Executive Committee (NEC) of the African National Congress (ANC). "The ANC recognises important work in the Hydrogen Roadmap and directs government to... 

Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.
Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.

Lab confirms high-carbon sequestration potential of Nickel Creek’s Wellgreen deposit

By: Marleny Arnoldi     19th December 2022 TSX-listed Nickel Creek Platinum has announced that the Wellgreen deposit at its Nickel Shäw project, in Yukon, is capable of sequestrating about 34 400 t/y of carbon dioxide, or 2 100 t/y of carbon dioxide per million tonnes of tailings. The project is a large undeveloped nickel sulphide... 

Increased output attributed to facility expansion

By: Halima Frost     16th December 2022 Aim-listed metals processing company Jubilee Metals Group’s Inyoni platinum group metals (PGMs) processing facility, in Gauteng, has successfully increased its operational output, subsequent to the completion of its capitalisation and expansion programme in March. This is based on Inyoni’s... 

A platinum processing plant in the sunset
UPPING OUTPUT Jubliee's Inyoni mine has exceeded operational output predictions after its expansion

Prioritising energy security

By: Halima Frost     16th December 2022 As part of its greater five-year, R50-billion capital investment programme to extend life-of-mine (LoM) development at several of its operations, platinum group metals (PGMs) miner Impala Platinum (Implats) has allocated R4.3-billion to its energy security and decarbonisation projects in South... 

Preconstruction programme approved in principle

16th December 2022 In October New York Stock Exchange-listed mining house Platinum Group Metals (PTM) reported that the Waterberg Joint Venture (JV) Resources, in principle approved a R380-million pre-construction work programme for the Waterberg project, which focuses on early infrastructure, de-risking and... 

A map depicting the Waterberg project on the northern limb of the Bushveld Complex in South Africa
COMPLEX PROGRESS The pre-construction programme for the Waterberg project on the northern limb of the Bushveld Complex in South Africa has been approved in principal

Platinum-based hydrogen, fuel cell decarbonisation winning global support 

By: Martin Creamer     14th December 2022 Platinum-based green hydrogen and fuel cell clean energy solutions made news across a broad front in 2022. Active support for the creation of a viable green hydrogen economy, along with the firm underpinning of a just energy transition in South Africa, have captured many headlines. 

Hydrogen reaching for the sky.
Hydrogen reaching for the sky.

South Africa's mining production down 10.4% y/y in Oct

By: Creamer Media Reporter      13th December 2022 South Africa's mining output decreased by 10.4% year-on-year in October, with platinum-group metals (PGMs), gold, diamonds and manganese ore having made the biggest negative contribution. Financial services provider Nedbank's economics unit pointed out that this marked the ninth consecutive month... 

Tharisa raises funds for Karo project

By: Tasneem Bulbulia     12th December 2022 Platinum group metals (PGMs) and chrome miner Tharisa has received applications from investors wanting to subscribe for notes totalling $31.8-million. Tharisa’s Karo Mining Holdings subsidiary previously launched a fixed-income note offer to raise $50-million. 

Underground mining at Anglo Platinum’s Mogalakwena targeted to start end 2024 

By: Martin Creamer     12th December 2022 The first potential underground mining at Anglo American Platinum’s opencast Mogalakwena platinum group metals (PGM) mine in Limpopo is targeted to start towards the end of 2024 and build up slowly to a full underground unit by the end of the decade. “We’re nearing the end of phase one of the... 

Anglo Platinum CEO Natascha Viljoen.
Anglo Platinum CEO Natascha Viljoen.

World’s rapid rate of change resulting in profound business disruptions, says Anglo CEO  

By: Martin Creamer     9th December 2022 The world changing at a rapid rate has resulted in profound disruptions to the business of Anglo American, CEO Duncan Wanblad told analysts and investors on Friday. Speaking during an update presentation covered by Mining Weekly, Wanblad said the London- and Johannesburg-listed diversified mining... 

Anglo American CEO Duncan Wanblad.
Anglo investor update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Extortion ‘mafia’ hits South Africa’s $55bn mining sector

By: Bloomberg     9th December 2022 A threatening letter, a derailed train, blocked roads, burned vehicles, workers locked up. That’s what some of the world’s biggest mining companies say they’re battling in South Africa: Extortion. Covid plunged Africa’s most-industrialized country – home to the biggest deposits of metals ranging... 

A machine on site at a mining operation

Anglo invests $200m to accelerate zero emissions haulage solution 

By: Martin Creamer     7th December 2022 Diversified mining company Anglo American has signed a binding agreement with First Mode, the specialist engineering technology company it partnered to develop the nuGenTM technology. The agreement is intended to accelerate the commercialisation of the climate-friendly truck and includes Anglo... 

Green hydrogen can be near-future reality with collaboration, says Science Minister 

By: Martin Creamer     7th December 2022 The transition to green hydrogen can be a hugely beneficial reality in the near future with collaboration between companies, countries and knowledge institutions, Higher Education, Science and Innovation Minister Blade Nzimande told a just transition event attended by European Commission Joint... 

Higher Education Science and Innovation Minister Blade Nzimande.
Higher Education Science and Innovation Minister Blade Nzimande.

R100bn green hydrogen/ammonia project secures special status  

By: Martin Creamer     6th December 2022 The race towards a just energy transition in South Africa's hardest hit region takes another big step forward with the Coega Green Ammonia project receiving government support to fast-track development. At last week's South Africa Green Hydrogen Summit in Cape Town, Public Works and... 

Hive Hydrogen South Africa executive chairperson Thulani Gcabashe.
Hive Hydrogen South Africa executive chairperson Thulani Gcabashe.

Tharisa delivers its strongest financial results yet

By: Darren Parker     5th December 2022 Despite the macroeconomic challenges that have impacted global supply chains, inflation, and the mining sector, platinum group metals (PGMs) and chrome mining company Tharisa’s operational performance and sales, into what it views as a continued strong commodity price environment, has resulted in... 

Tharisa CEO Phoevus Pouroulis
Tharisa CEO Phoevus Pouroulis

Anglo’s fuel-cell truck operating ‘akin to its diesel counterpart’ 

By: Irma Venter     5th December 2022 Anglo American’s big nuGen hydrogen-powered truck is currently functioning “akin in operation and cost to its diesel counterpart”, says Anglo American market development principal Fahmida Smith.  The global mining company in May unveiled its nuGen truck, with a 2 MW hybrid battery/hydrogen... 

Image of Anglo American's nuGen fuel-cell truck
Anglo American's nuGen fuel-cell truck

Exploration drilling gaining momentum at Southern Palladium’s Bengwenyama project  

By: Martin Creamer     5th December 2022 Exploration drilling is gaining momentum at Southern Palladium’s Bengwenyama platinum group metals project, a large, shallow exploration opportunity on the eastern limb of South Africa’s Bushveld Complex. One specific borehole into upper group two (UG2) reef recorded an impressive 800 centimetre... 

From left to right, Joel Nkosi, Johan Odendaal, Terence Goodlace and Daan van Heerden at JSE earlier this year.
Southern Palladium CEO Johan Odendaal interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Renewables deal indicative of South Africans making positive difference, says Seriti Green  

By: Martin Creamer     2nd December 2022 The big renewables deal undertaken by Seriti is indicative of just how passionate South Africans are to make a positive difference for the benefit of future generations, said new Seriti Green CEO Peter Venn of the multi-gigawatt deal that is poised to lighten South Africa’s loadshedding burden... 

Seriti Green CEO Peter Venn.
Seriti Green CEO Peter Venn interviewed by Mining Weekly's Martin Creamer. Video: Nicholas Boyd. Video Editing: Darlene Creamer.

Platinum mining target says takeover battle damages operations

By: Bloomberg     2nd December 2022 A South African platinum miner targeted for acquisition said a year-long takeover battle is taking its toll, and urged the Public Investment Corporation (PIC) – a key investor to break the impasse between rival bidders. Royal Bafokeng Platinum (RBPlat) said competing offers from Impala Platinum... 

South African green hydrogen technology wins top global recognition  

By: Martin Creamer     1st December 2022 Proudly South African hydrogen technology, which has the potential to slash the cost of green hydrogen, has just won top recognition in Monaco at the principality's inaugural hydrogen forum. The homegrown divergent electrode flow through (DEFT ™) technology, which is already a recipient of South... 

Hydrox Holdings CEO Corrie de Jager (centre) with Prince of Monaco (left) during award ceremony in Monaco.
Hydrox Holdings CEO Corrie de Jager interviewed by Mining Weekly's Martin Creamer. Video: Nicholas Boyd. Video Editing: Darlene Creamer.

Strong call for rapid green hydrogen investment by ramp-up backer 

By: Martin Creamer     30th November 2022 A strong call for final investment decisions (FIDs) on a multiplicity of green hydrogen projects was made at the South Africa Green Hydrogen Summit in Cape Town yesterday by H2Global, a market ramp-up instrument that serves as an innovative form of subsidy scheme to smooth out bumps along green... 

Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.
Photo by Creamer Media
Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.

Australia’s platinum pioneer highlighting greenness, mulling smelterless tech  

By: Martin Creamer     29th November 2022 Australia’s platinum group metals (PGMs) pioneer, Podium Minerals, is evaluating the cleanest and greenest mining and processing options that include the possibility of circumventing the need for smelting. The Australian Stock Exchange-listed exploration and resources development company, which... 

Podium Minerals MD and CEO Sam Rodda.
Podium CEO Sam Rodda interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

R4-trillion needed for South Africa’s hydrogen economy, PIC declares  

By: Martin Creamer     28th November 2022 South Africa’s State-owned Public Investment Corporation (PIC) stated on Monday that more than R4.3-trillion is required for the development of the hydrogen economy, which it declared positive for people, planet, and client portfolios. The hydrogen investment strategy of the PIC, which has... 

Hydrogen promises to be the next frontier in clean energy technology due to its extensive value chain applications.
Photo by Siemens
Hydrogen promises to be the next frontier in clean energy technology due to its extensive value chain applications.

South Africa’s mining market is dynamic and fast-moving, Siemens Large Drives finds  

By: Martin Creamer     25th November 2022 South Africa is a super dynamic and super fast-moving market, says Siemens Large Drives global solutions head Oliver Beck, who has just completed a week of discussions with customers to highlight sustainability solutions for mining. From his perspective, South African mining economy is at the... 

Siemens Large Drives global solutions head Oliver Beck.
Siemens Large Drives' Oliver Beck, Tim Walwyn talk to Mining Weekly's Martin Creamer. Video: Nicholas Boyd, Shadwyn Dickinson. Video Editing: Darlene Creamer. Pictures: Donna Slater.
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