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Latest News

Mincore ore processed through Kambalda

By: Esmarie Iannucci     9th May 2022 Mining major BHP’s Nickel West division has processed the first ore from ASX-listed Mincor Resources’ Kambalda operations through its Kambalda nickel concentrator, in Western Australia. The milestone would see Mincor deliver on its previous target of achieving first nickel concentrate production... 

Rio produces first scandium oxide in North America

By: Esmarie Iannucci     9th May 2022 Diversified miner Rio Tinto has produced its first tach of high purity scandium oxide at its North American operations. Rio Tinto Fer et Titane (RTFT) produced the high purity scandium oxide at its commercial scale demonstration plant in Sorel-Tracy, following the completion of commissioning... 

Vedanta offers Zambia investment commitments if handed back KCM

By: Reuters     9th May 2022 Vedanta Resources has offered to step up investment in Zambia's Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control of the local firm, a company letter sent to the government showed. Zambia's previous government put KCM into the hands of... 

Britain to increase tariffs on Russian platinum, palladium in new sanctions

By: Reuters     9th May 2022 Britain announced on Sunday it will increase tariffs on platinum and palladium imports from Russia and Belarus in a new package of sanctions targeting £1.7-billion ($2.10-billion) of trade, which it said aimed to further weaken Russian President Vladimir Putin's war machine. Import tariffs on a... 

Gangs stealing cables miles underground torment South African platinum mines

By: Bloomberg     9th May 2022 South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations. Enticed by high copper prices, thieves are sneaking in, descending deep underground and setting up camp among vast networks of... 

BHP vows to stay out of lithium rush with shortages set to fade

By: Bloomberg     8th May 2022 Among elevated metal prices, lithium stands out, as booming electric-vehicle sales send the battery component skyrocketing. Conspicuously, the world’s biggest mining company has no plans to join the rush. For BHP Group, the frenzied talk about looming lithium shortages in a clean-energy... 

Chile’s proposed mining shakeup falls short in convention vote

By: Bloomberg     8th May 2022 Proposals to severely restrict private ownership of Chile’s giant copper and lithium deposits will get one more roll of the dice after falling short in a Constitutional Convention vote Saturday. While a package of proposals passed the two-thirds threshold in the plenary, many individual articles... 

Green hydrogen can be produced in South Africa immediately, coal conference hears

By: Martin Creamer     6th May 2022 The generation of green hydrogen is achievable in South Africa immediately and is not a complicated process, Sasol just transition office head David Kawesha said on Friday. “You just need the renewable energy resource, electrolysers to split water, and that’s really what the basic process is,”... 

Picture taken by Creamer Media
Photo by Creamer Media
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.

'The Rock', a record-setting white diamond, goes up for auction

By: Reuters     6th May 2022  The largest white diamond ever auctioned will go under the hammer in Geneva next week, part of a sale by Christie's that features two stones weighing more than 200 carats each. "The Rock", a 228.31 carat pear-shaped stone roughly the size of a golf ball, is expected to sell for up to $30... 

European Commission, European electrolyser industry agree to manufacturing framework conditions

By: Schalk Burger     6th May 2022 The European Commission and the European electrolyser industry have signed a joint declaration containing a range of initiatives to improve framework conditions for electrolyser manufacturers in Europe. In March, the European Commission announced its increased ambitions to double the previous... 

Webber Wentzel makes recommendations to bolster mining industry attractiveness

By: Tasneem Bulbulia     6th May 2022 Webber Wentzel’s team of mining experts has recommended that President Cyril Ramaphosa and Mineral Resources and Energy Minister Gwede Mantashe, in their upcoming addresses at the Mining Indaba, announce concrete steps on several top priorities. This follows the country once again falling down... 

Council welcomes zero fall of ground fatalities in gold, PGMs sectors in the first quarter

By: Donna Slater     6th May 2022 The Minerals Council South Africa reports that, in a historic first, there were no fatalities related to falls of ground (FoG) – one of global mining’s most difficult challenges – in South Africa’s gold and platinum group metals (PGM) mines in the first quarter of this year. “This impressive... 

Vale signs long-term deal to supply Tesla with nickel

By: Reuters     6th May 2022 Brazilian miner Vale said on Friday it has signed a long-term deal with Tesla to supply the US-based electric vehicle maker with nickel coming from its Canada operations. Vale did not provide financial details on the deal and did not say for how long it will last. The Brazilian miner said in a... 

Kazera raises £1m to pursue tantalum, lithium and nickel projects

By: Donna Slater     6th May 2022 Aim-listed investment company Kazera Global has raised £1-million, before expenses, through placing 100-million new ordinary shares at a price of 1p apiece with new and existing investors, representing a 5% premium to the closing price on June 4. Kazera invests in South Africa-based diamond and... 

Pan African announces high-grade drilling results at Barberton Mines

By: Darren Parker     6th May 2022 Gold miner Pan African Resources has announced that exploratory drilling into the down-dip extention of the orebodies at its Barberton Mines, in Mpumalanga, has yielded successful and significant high-grade drilling results, with visible gold in several drill intersections and development ends.... 

Pan African CEO Cobus Loots
Pan African CEO Cobus Loots

McEwen CFO and COO step down

By: Mariaan Webb     6th May 2022 NYSE- and TSX-listed McEwen Mining is hunting for a new CFO and COO to fill the positions of Anna Ladd-Kruger, who is retiring to focus on her health and family, and Peter Mah, who resigned for personal reasons. In the interim, Perry Ing – a previous CFO of McEwen – will assume the CFO... 

Iron-ore futures slide as investors monitor demand in China

By: Bloomberg     6th May 2022 Iron-ore flipped to losses as risk aversion across financial markets escalated and investors assessed the demand prospects in top consumer China. Stocks slid with bonds Friday as inflation, rising borrowing costs and China’s virus lockdowns depressed sentiment. The outlook for iron ore is being... 

Tycoon Adani’s Australia chief says shunned coal needs support

By: Bloomberg     6th May 2022 Billionaire Gautam Adani’s top executive in Australia is calling for more support for a coal sector that’s being shunned by banks and insurers in the shift away from fossil fuels. Lawmakers must protect the industry by “ensuring coal communities can access reasonably priced finance and insurance... 

Chile's parched mines race for an increasingly scarce commodity: water

By: Reuters     6th May 2022  A record-breaking drought in Chile is impacting mining operations and forcing companies to escalate their search for more sources of water, from water treatment and pricey desalination plants to even encouraging workers to use less water in the shower. The Andean nation, the world's no. 1... 

Anglo American launches much anticipated hydrogen-powered zero-emission haul truck 

By: Marleny Arnoldi     6th May 2022 Diversified miner Anglo American on May 6 launched a prototype of its first self-developed zero-emission hydrogen-powered mine haul truck, which was developed as part of its Future Smart Mining strategy. The 2 MW hydrogen-battery hybrid truck, which is stationed at the Mogalakwena platinum mine,... 

Anglo American's NuGen hydrogen-powered haul truck
Anglo American's NuGen hydrogen-powered haul truck

Robinson resigns as Goldplat chair

By: Darren Parker     6th May 2022 Aim-listed gold producer Goldplat nonexecutive chairperson Matthew Robinson has informed the company of his intention to resign as a director. He has notified the company that he would remain in his role until the next annual general meeting (AGM) to allow reasonable time for Goldplat to make... 

EPA recommends against PolyMet permit reissuing

By: Mariaan Webb     6th May 2022 TSX- and NYSE American-listed developer PolyMet Mining is facing potential setback with the Environmental Protection Agency (EPA) this week recommending that the Army Corps of Engineers should not reissue the Clean Water Act Section 404 permit for its proposed NorthMet copper/nickel project, in... 

Arcadia doubles Swanson resource

By: Esmarie Iannucci     6th May 2022 ASX-listed junior Arcadia Minerals has doubled the mineral resource estimate (MRE) for its Swanson tantalum project, in Namibia. Arcadia on Friday told shareholders that a revision of the 2021 MRE had delivered a new indicated and inferred resource of 2.59-million tonnes, an increase of 115%, at... 

Tristan Pascall becomes First Quantum CEO, new director appointed

By: Creamer Media Reporter      6th May 2022 The board of First Quantum Minerals (FQM) on Thursday appointed Tristan Pascall to the role of CEO, and added Alison Beckett as an independent director. The company in November announced that that Tristan Pascall would take over the role of CEO from his father, co-founder Philip Pascall, who... 

Lucara Diamond's quarterly revenue rises on continued market buoyancy

By: Mariaan Webb     6th May 2022 Botswana-focused Lucara Diamond Corp has reported a 28% year-on-year increase in first-quarter revenue, reflecting continued buoyancy in diamond prices and the sale of several higher value rough diamonds. The TSX-listed miner posted revenue of C$68.2-million from the sale of 80 295 ct from the... 

Jervois on track for ICO start in third quarter

By: Esmarie Iannucci     6th May 2022 ASX- and TSX-listed battery metals company Jervois remains on track to start first ore processing at its Idaho Cobalt Operations (ICO), in the US, in the third quarter of this year. Speaking at the company’s annual general meeting, non-executive chairperson Peter Johnston told shareholders that... 

Canada nickel bid is 'tip of iceberg' of BHP growth ambition

By: Bloomberg     6th May 2022 BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country, says one of the company’s top executives. The world’s biggest mining company sees nickel as one of three... 

Canada nickel bid is 'tip of iceberg' of BHP growth ambition

Coronado confirms abandoned talks with Arch

By: Esmarie Iannucci     6th May 2022 ASX-listed coal miner Coronado Global Resources on Friday confirmed merger talks with NYSE-listed Arch Resources. Responding to media speculation regarding a potential merger, Coronado told shareholders that the company had been in confidential discussions with Arch regarding the merger but... 

Black Rock raises A$25m for Mahenge

By: Esmarie Iannucci     6th May 2022 Graphite developer Black Rock Mining will raise A$25-million in a share placement to institutional and professional investors, to advance the development of its Mahenge project, in Tanzania. The ASX-listed company on Friday announced that it had received firm commitments for the placement of... 

Victoria hopes to improve coal mine rehabilitation

By: Esmarie Iannucci     6th May 2022 The Victorian government on Friday announced plans to improve the management for coal mine land during the rehabilitation process. Minister for Resources Jaala Pulford announced enhanced provisions would be applied to Victoria’s declared mines, making rehabilitation a priority, and allowing for... 

WA eyes green hydrogen targets

By: Esmarie Iannucci     6th May 2022 The Western Australian government is considering the implementation of a renewable hydrogen target, as a support measure to grow the renewable hydrogen industry in the region. This approach would set targets for retailers in the South West Interconnected System, Western Australia's main... 

WA to introduce Aboriginal Empowerment Unit

By: Esmarie Iannucci     6th May 2022 The Western Australian government is investing A$14.6-million to establish an Aboriginal Empowerment Unit to ensure developments in Western Australia's resources industry deliver improved outcomes for Aboriginal people. The Aboriginal Empowerment Unit will develop and implement the... 

Image shows an openpit mining operation

Only way to fix Eskom, Transnet is to work as SA Inc, conference hears 

By: Martin Creamer     6th May 2022 Putting South Africa’s 60-million people first and working as South Africa Incorporated – SA Inc – is the only way to solve the problems of this country’s biggest State-owned enterprises, Eskom and Transnet. This message was put out loudly and clearly during a panel discussion at McCloskey’s... 

Picture supplied
Sereti CEO Mike Teke

Magazine round up | 06 May 2022 

6th May 2022 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine cover
Magazine round up | 06 May 2022

As drone deployment continues to expand, miners unearth whole-of-mine uses

By: Donna Slater     6th May 2022 The use of drones and ground-based robotics is evolving to such an extent locally that various companies are using them in all aspects of their operations, which is resulting in “bun fights” about which department gets to use the devices and payloads, says Dwyka Mining Services MD Jamie van... 

Magazine cover image

Gordhan says Eskom restructuring will avert ‘protracted failure’ of utility 

By: Terence Creamer     5th May 2022 Public Enterprises Minister Pravin Gordhan acknowledged that Eskom is in crisis but has dismissed suggestions that the utility is broken and heading for a “protracted failure”, saying that the restructuring under way will result in the emergence of a “completely different entity”. Speaking at the... 

Public Enterprises Minister Pravin Gordhan
Photo by Creamer Media
Public Enterprises Minister Pravin Gordhan

Mbalula recommends a people-centred just transition

By: Schalk Burger     5th May 2022 Transport Minister Fikile Mbalula has said a just transition is about improving the lives and livelihoods of all South Africans, particularly those that are bearing the brunt of climate impacts, and protecting and empowering workers and communities, as the country navigates the shift away from... 

Transport Minister Fikile Mbalula
Photo by Reuters
Transport Minister Fikile Mbalula

De Beers introduces pioneer blockchain-backed diamond source platform at scale

By: Tasneem Bulbulia     5th May 2022 Diamond miner De Beers Group is deploying the Tracr blockchain platform at scale for its diamond production. The group says Tracr is the world’s only distributed diamond blockchain that starts at the source and provides tamper-proof source assurance at scale, enabling sightholders to provide a... 

An image showing De Beers sighting
Tracr enables sightholders to provide a fixed record of a diamond’s origin
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