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Lead News
Parliaments must act swiftly to reduce climate change – Mapisa-Nqakula 
By: Martin Creamer 22nd March 2022 National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world's Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the... →
Now’s the time for full energy freedom, says green hydrogen stalwart Andrew Forrest
By: Martin Creamer 17th March 2022 Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane... →
Fortescue Metals Group nonexecutive chairperson Andrew Forrest (right), being interviewed by CNN anchor Christiane Amanpour.
Equivalent of a Koeberg arising in solar projects – AmaranthCX 
By: Martin Creamer 14th March 2022 The equivalent of a Koeberg power station is arising in the form of new largely mine-linked private-sector solar power photovoltaic projects across Southern Africa, according to AmaranthCX director and founder Paul Miller, whose company is working on the second edition of its electronic map of... →
Senators urge Biden to invoke defence act for battery materials
By: Bloomberg 14th March 2022 US Senators sent a bipartisan letter to the Biden administration Friday afternoon asking the President to invoke the Defense Production Act to accelerate production of battery materials that are needed to power electric vehicles. The letter, signed by Democrat Joe Manchin and Republicans Lisa... →
Gratton says Canada should do more to seize mining opportunities
By: Mariaan Webb 10th March 2022 Canada has long been the dominant global mining nation – in mineral production, mining finance, mining services and supplies, and sustainability and safety, but Mining Association of Canada (MAC) president and CEO Pierre Gratton has warned that there are signs this position is slipping. Citing... →
Decarbonisation standing out as key metals/mining value driver – Wood Mackenzie
By: Martin Creamer 4th March 2022 As pressure mounts for the world to align meaningfully with the 1.5 °C global temperature rise scenario, decarbonisation is standing out as a key driver of metals and mining value. “This has strengthened our view that the mining industry now has a clear pathway towards long-term transformative... →
ESG slowing down as energy transition highlights mining as indispensable – RMF
By: Martin Creamer 2nd March 2022 The energy transition is highlighting mining as an indispensable industry, said Responsible Mining Foundation (RMF) CEO Hélène Piaget in opening a webinar on 'Responsible Mining Index (RMI) Report 2022', which reports a slowdown in economic, environmental, social and governance (ESG). “Yet there... →
Lundin’s free cash flow tops $1bn
By: Mariaan Webb 18th February 2022 Canadian base metals miner Lundin Mining took advantage of the favourable price environment in 2021, setting several all-time financial records. The company on Thursday announced all-time high earnings of nearly $880-million, adjusted earnings before interest, tax, depreciation and amortisation... →
South32 reports stellar first half, advances work at Hermosa
By: Esmarie Iannucci 17th February 2022 Diversified miner South32 has reported a 1 847% increase in profits after tax for the half-year ended December, along with record operating margins. Profits after tax for the first half of 2022 reached $1.03-billion, up from the $53-million reported in the first half of 2021, with underlying... →
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... →
Red tape delaying R90bn investment in ready-to-go projects – Minerals Council
By: Martin Creamer 14th February 2022 Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs and to stimulate economic growth. Projects worth R30-billion would be able to proceed if the 4... →
Foreseen renewables demand providing opportunity for job creation, just energy transition
By: Martin Creamer 10th February 2022 Demand already foreseen is providing South Africa with the far-reaching and very welcome opportunity to create sufficient new jobs – “and then some” – to ensure a just energy transition away from the country’s current climate-threatening carbon intensity, Mining Weekly can report. South Africa’s... →
From left, clockwise, Paul O’Flaherty, Dr Tsakani Mthombeni, Hein Reyneke, and Andre de Ruyter
Metals, engineering need govt support to ensure sustainable economic recovery
By: Martin Creamer 8th February 2022 South African businesses in the metals and engineering sector have faced enormous challenges over the past few years, with the Covid-19 pandemic compounding an already difficult situation, Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. Seifsa is a... →
Directors face potential liability for climate change risks – Webber Wentzel
By: Martin Creamer 8th February 2022 Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks, Webber Wentzel partner Merlita Kennedy and associate Tobia Serongoane stated on Tuesday. In a release to Mining... →
Australian resource exports rise in 2021 - ABS
By: Esmarie Iannucci 4th February 2022 New data from the Australian Bureau of Statistics (ABS) has shown that Australia’s resources and energy exports in 2021 were up almost one-third on the previous year. The ABS’ International Trade in Goods and Services data for December 2021 shows total resources and energy exports were worth... →
Glencore enters battery recycling JV, targeting renewable-powered facility
By: Martin Creamer 3rd February 2022 Diversified mining and marketing company Glencore has entered a battery recycling joint venture (JV) with strategic partner and battery pioneer Britishvolt, a UK battery cell technologies and research and development investor. →
Glencore reports 43% higher ferrochrome production
By: Martin Creamer 2nd February 2022 Diversified mining and marketing company Glencore on Wednesday reported 43% higher ferrochrome production in its full year 2021 production report. →
South Africa needs to embrace Ubuntu principles in going green, webinar hears
By: Martin Creamer 31st January 2022 In decarbonising and going green, South Africa needs to embrace the principles of Ubuntu and show humanity towards others. That view was expressed by Gold Fields South Africa executive VP Martin Preece during the 'Decarbonisation & Going Green in the Mining Sector' webinar hosted by Creamer Media... →
From top left, clockwise, are Abel Sakhau, Martin Preece, Jevon Martin, Nikisi Lesufi and James Mackay.
South32 warns of global Covid impacts
By: Esmarie Iannucci 24th January 2022 Despite a strong December quarter, diversified miner South32 on Monday warned shareholders that labour shortages and freight bottlenecks would impact global operations this year. “We achieved a number of strong production results across our portfolio and realised significantly higher commodity... →
Trevali starts early works on Rosh Pinah expansion project
By: Darren Parker 21st January 2022 Canadian base metals mining company Trevali Mining has started an early works programme on its Rosh Pinah 2.0 (RP2.0) mine expansion project, in south western Namibia. The Rosh Pinah underground zinc/lead mine – which is 90%-owned by Trevali and 10%-owned by Namibian broad-based empowerment... →
SSR sells Mexican mine to Endeavour Silver
By: Esmarie Iannucci 14th January 2022 Triple listed SSR Mining has announced plans to sell its Pitarrilla silver/lead/zinc project in Durango, Mexico, to TSX- and NYSE-listed Endeavour Silver for up to $127-million. The consideration would consist of a $35-million cash payment, $35-million in Endeavour Silver shares, with the number... →
Ambler Metals close to starting formal permitting for Arctic
By: Mariaan Webb 12th January 2022 Ambler Metals, a joint venture between Trilogy Metals and South32, will soon start the formal permitting process for the Arctic project, in Alaska. An independent consulting company has completed a preparedness review of the draft permitting package for the project and, with some minor changes,... →
Formal launch of South Africa’s first green ammonia project on Tuesday
By: Martin Creamer 12th January 2022 The formal launch of South Africa’s first green ammonia project takes place on Tuesday, against the background of the initiative having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Energy and BuiltAfrica –... →
Minerals Council backs State capture commission’s recommendations
By: Martin Creamer 6th January 2022 Minerals Council South Africa on Thursday endorsed the recommendations of the first report of the Commission of Inquiry into State Capture. The Minerals Council said these recommendations, aimed at preventing endemic and corrosive corruption in organs of the state and within the private sector,... →
Glencore’s former top copper trader joins digital metal startup
By: Bloomberg 5th January 2022 Glencore’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup. Paraskevas, who left Glencore during a leadership reshuffle early last year, is joining the company alongside Kareem Barbir, formerly head of... →
Walkabout solidifies exploration footprint in Scotland
By: Marleny Arnoldi 4th January 2022 ASX-listed Walkabout Resources has acquired the remaining 25% stake in JDH Exploration for £100 000, giving it full ownership over 750 km2 of prospective exploration licences in southwest Scotland. JDH holds two Mines Royal options with State-owned property corporation Crown Estate Scotland, in... →
Schummer resigns as Trevali COO
By: Creamer Media Reporter 17th December 2021 Vancouver-headquartered Trevali Mining’s COO David Schummer has resigned, citing personal reasons. In a short statement on Thursday, CEO Ricus Grimbeeck thanked Schummer for his contributions and wished him the best in his future endeavours. →
Leading mining companies commit to contract transparency
By: Martin Creamer 9th December 2021 Members of the International Council on Mining and Metals (ICMM) on Thursday announced their commitment to disclose all mineral development contracts from the start of January this year, wherever they operate, marking a significant step by about a third of the global mining and metals industry to... →
Exploration debate highlights Nema challenge
By: Martin Creamer 3rd December 2021 The withdrawal of a portion of the National Environmental Management Act (Nema) has created a major challenge for mineral exploration in South Africa, the Industrial Development Corporation (IDC) co-sponsored exploration webinar heard on Thursday. Taking part in the panel discussion under... →
Trevali wraps up Santander sale
By: Creamer Media Reporter 3rd December 2021 Vancouver-headquartered Trevali has closed the transaction with Cerro De Pasco Resources (CDPR) to sell its Santander mine, in Peru. The TSX-listed miner said on Friday it had received ten-million shares of CDPR, C$1-million in cash and a 1% net smelter return royalty on certain areas of the... →
Transport group eyes Copperbelt
By: Halima Frost 3rd December 2021 Specialist logistics group Unitrans Africa plans to use its copper handling success, in Botswana, as a launchpad to enter into mining operations in the Copperbelt of Zambia and the Democratic Republic of Congo. “Our recent success in on-mine copper materials handling and pit development, paired... →
Rising demand for separation compound
By: Halima Frost 3rd December 2021 Since the partnership between global chemicals producer 2M Holdings and speciality materials company Celanese, established in 2014, demand for its methyl isobutyl carbinol (MIBC) compound, used to separate copper from ore, has grown substantially in the Central Africa region. 2M Holdings South... →
Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani
By: Martin Creamer 2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... →
Law firm creates outsourced compliance solution for mining industry
By: Martin Creamer 25th November 2021 A specialist mining law firm, which prefers people to paper, has created an outsourced compliance solution for Africa’s mining industry. NSDV will not simply rely on the paper trail when a client calls with an issue, but instead phone, WhatsApp, or drive there and chat to the officials. →
Gorno set to produce for nine years - study
By: Esmarie Iannucci 24th November 2021 A scoping study into the Gorno zinc/lead/silver project, in Italy, has estimated that the project could have a mine life of some nine years. ASX-listed Alta Zinc on Wednesday said that the scoping study estimated a total production target of some six-million tonnes, containing 77% indicated and... →
ScoZinc improves Scotia mine’s project economics
By: Mariaan Webb 17th November 2021 An updated prefeasibility study (PFS) for the Scotia mine has improved the project economics, which are now 12% more robust than the 2020 study, ScoZinc CEO Mark Haywood reports. The updated PFS for the past-producing mine includes updated commodity prices, treatment charges, exchange rates and... →
Rain and flooding disrupt Teck logistics
By: Mariaan Webb 17th November 2021 Canadian miner Teck Resources said on Tuesday that its logistics chain between west coast terminals and BC operations had been temporarily disrupted, owing to heavy rain, flooding and mudslides. Teck stated that it had implemented measures to mitigate the effect of the disruption, diverting some... →
Expect to be unemployed from age 40, Miller warns graduates entering mining
By: Martin Creamer 15th November 2021 Because of the collapse of investment in greenfields exploration in South Africa, any mining graduate entering the profession today can expect to be unemployed from the age of 40, said AmaranthCX director and founder Paul Miller on Monday, when he pointed out that South Africa is now at an... →
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