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Lead News

Sierra announces expansion plans for Yauricocha

By: Mariaan Webb     19th November 2020 TSX- and NYSE American-listed Sierra Metals has announced the results of a preliminary economic assessment (PEA) looking at the expansion of its Yauricocha mine, in Peru, and has said that it is also considering growth options at the Cusi mine, in Mexico. At Yauricocha, Sierra has considering... 

New Toral study significantly expands production

By: Mariaan Webb     18th November 2020 The Toral lead/zinc project, in north-west Spain, could be a significantly larger operation than previously contemplated, with a new independent study pegging its production rate at 700 000 t/y. This compares with a previous scoping study design of 450 000 t/y. The 700 000 t/y operation is... 

New Toral study significantly expands production

CAML board recommends interim dividend

By: Mariaan Webb     11th November 2020 The board of Central Asia Metals Limited (CAML) has recommended a 6p a share interim dividend, which will be paid on December 11. The London-listed company previously deferred a decision on an interim dividend, after the leakage from its Sasa tailings storage facility 4 (TSF4) in North Macedonia. 

CAML board recommends interim dividend

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Gwede Mantashe (right) and Bernard Swanepoel.
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Mining supply sales consultancy AmaranthCX director Paul Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller

Anglo American CEO says not responsible for lead poisoning in Zambia

By: Reuters     30th October 2020 Anglo American CE Mark Cutifani said on Friday it was not responsible for lead poisoning at a Zambian lead mine it part-owned nearly 50 years ago and planned to defend itself after a class action was filed against the miner. The class action suit was filed last week by South African law firm... 

Newmont increases quarterly dividend by 60% to $0.40 a share

By: Creamer Media Reporter      29th October 2020 NYSE- and TSX-listed Newmont Corporation has declared a quarterly dividend of $0.40 a share for the third quarter. The dividend, payable on December 28, represents a 60% increase compared with the prior quarterly dividend of $0.25 a share. 

Boliden reports healthy third-quarter output, financial performance

By: Marleny Arnoldi     28th October 2020 Swiss miner Boliden says its milled production volumes during the third quarter remained on par with that of the second quarter of the year, but came in higher than that of the prior year's third quarter. The company reported an operating profit of SEK2.2-billion for the quarter ended September... 

Brixton Metals, HPX enter into $44.5m earn-in agreement over Hog Heaven project

By: Creamer Media Reporter      28th October 2020 Canadian exploration and development company Brixton Metals has entered into a binding heads of agreement with High Power Exploration (HPX), a mineral exploration and development company led by chairperson and CEO Robert Friedland, with respect to a $44.5-million earn-in and joint venture on... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Errol Smart
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

ifm Australia’s Freddie Coertze and Aditya Kunder.
ifm Australia’s Freddie Coertze and Aditya Kunder.

Anglo stands ready to defend itself in lawsuit over lead poisoning in Zambia  

By: Marleny Arnoldi     21st October 2020 Anglo American South Africa has noted a class action lawsuit filed against it by Mbuyisa Moleele Attorneys and Leigh Day in the Gauteng High Court, related to lead poisoning claims stemming from the Kabwe mine, in Zambia. The lawyers filed the lawsuit on behalf of a class estimated to comprise... 

Atalaya buys polymetallic project near Riotinto mine

By: Mariaan Webb     21st October 2020 London-listed Atalaya Mining on Wednesday announced the acquisition of a polymetallic project about 28 km from its Proyecto Riotinto mine, in Spain. Atalaya will pay €1.4-million cash for the Masa Valverde project, located in Huelva. 

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Mining majors must convince investors of need to replace value – Sir Mick Davis  

By: Martin Creamer     8th October 2020 Major mining companies need to convince investors of the crucial need to replace the value that they are taking out of the ground, mining luminary Sir Mick Davis said on Thursday. “Every single day that they take something out of the ground, that value disappears forever, and unless you do... 

Sir Mick Davis, Fiona Perrott-Humphrey and Bernard Swanepoel
Mining Weekly’s Martin Creamer reports on Sir Mick Davis at Joburg Indaba. Video: Darlene Creamer

Exploration strategy in three months, hydrogen under scrutiny – DMRE  

By: Martin Creamer     8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... 

Advocate Thabo Mokoena
Mining Weekly’s Martin Creamer reporting on DMRE DG Advocate Thabo Mokoena. Video: Darlene Creamer.

CAML increases its 2020 copper guidance

By: Mariaan Webb     8th October 2020 Following a challenging month with the incident at the Sasa TSF4 in North Macedonia, Central Asia Metals Limited (CAML) CEO Nigel Robinson had some upbeat news for shareholders on Thursday – the company expects its zinc and lead production to meet its original guidance and its copper production... 

The Kounrad operation in Kazakhstan
The Kounrad operation in Kazakhstan

Flow-through must form part of overall exploration strategy – Minerals Council  

By: Martin Creamer     7th October 2020 The introduction of a flow-through share scheme must form part of a full suite and package of measures tailored for a comprehensive exploration strategy for South Africa, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking during question time on day one of the Joburg... 

Roger Baxter at Joburg Indaba virtual event.
Mining Weekly’s Martin Creamer putting a question at Joburg Indaba. Video: Darlene Creamer.

Hydrogen can be game-changer for South African economy ­– PwC  

By: Martin Creamer     6th October 2020 Hydrogen has the potential to be a game-changer for the South African economy, PwC African mining leader Andries Rossouw said on Tuesday. Speaking during the virtual release of the professional services firm’s 12th edition SA Mine, a series of publications that highlights trends in the South... 

Andries Rossouw
Mining Weekly’s Martin Creamer reports on PwC SA Mine 2020 event. Video: Darlene Creamer

CAML says it should meet 2020 guidance as Sasa restarts

By: Mariaan Webb     5th October 2020 Base metals miner Central Asia Metals Limited (CAML) has received approval to restart operations at its Sasa mine, in North Macedonia, following a recent leakage at the tailings storage facility, or TSF4. Processing restarted late on Friday. The plant will initially operate at a 50% capacity... 

The Sasa operation in North Macedonia
The Sasa operation in North Macedonia

Colombia's mining future tied to metals not coal, Minister says

By: Reuters     5th October 2020 Colombia's mining future is in metals and not coal, Minister of Mines and Energy Diego Mesa said, and the Andean country will continue developing oil and gas projects, including non-conventional deposits. The coal sector's problems have accelerated during the coronavirus pandemic, Mesa told... 

Cabinless, emissionless vehicle foretelling underground’s autonomous future 

By: Martin Creamer     30th September 2020 Mining Weekly on Wednesday watched a cabinless emission-free next-generation mining vehicle autonomously load, haul and dump in an underground mine, without a human in sight. The cabinless design places emphasis on the extent to which traditional human operation at the rockface is becoming a... 

Sandvik global product line manager automation David Hallett
Photo by Creamer Media
Sandvik global product line manager automation David Hallett

Carbide recycling can create jobs for mine communities – Sandvik  

By: Martin Creamer     29th September 2020 The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that... 

Sandvik's Nina Axman and Jens Holmberg.
Mining Weekly’s Martin Creamer reports on Sandvik’s mining innovation virtual event. Video: Darlene Creamer

Green hydrogen study integrating SADC ahead of trillion dollar market emergence   

By: Martin Creamer     23rd September 2020 JOHANNESBURG (miningweekly.com) – A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADC) region ahead of the projected opening up of a trillion dollar market going into the future. 

Sasscal executive director Dr Jane Olwoch
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

CAML defers dividend decision pending clarity on tailings leak

By: Mariaan Webb     16th September 2020 London-listed Central Asia Metals has deferred its dividend decision and is reviewing its zinc and lead production guidance, after a tailings storage facility leak earlier in the week at its Sasa facility, in Northern Macedonia. The company planned to reinstate its dividend, but has now delayed... 

The Sasa operation in Northern Macedonia
The Sasa operation in Northern Macedonia

Battery metals to boom despite widespread Covid-19 disruption

By: Donna Slater     11th September 2020 Battery metals, which are used in modern energy efficient electrical products, are playing an increasingly important role in climate change mitigation and the shift towards a lower carbon-intensive future. Battery metals, including lithium, vanadium, copper, cobalt, nickel, lead and graphite are... 

Battery metals to boom despite widespread Covid-19 disruption

Digital transformation bearing fruit

4th September 2020 Latin American zinc, copper and lead producer Nexa Resources has appointed Swiss automation company ABB to provide state-of-the-art industrial automation systems for new and existing operations. 

South Africa’s green revolution gathering momentum 

2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... 

Hydrogen fuel and containerised fuel cell installations at One Military Hospital in Pretoria.
Hydrogen fuel and containerised fuel cell installations at One Military Hospital in Pretoria.

Rhodium may turn out to be the metal of the decade – Northam 

By: Martin Creamer     28th August 2020 Rhodium may turn out to be the metal of the decade, Northam CEO Paul Dunne said on Friday. Speaking at the JSE-listed company’s presentation of outstanding results, which saw the company shrug off the Covid-19 pandemic to report a record financial year in the 12 months to June 30, Dunne said... 

Paul Dunne
Northam Platinum results covered by Mining Weekly’s Martin Creamer. Video: Kutlwano Matlala.

Master Drilling aligning with opencast mines going underground in changing world  

By: Martin Creamer     26th August 2020 South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines going underground. “As the world is changing, so are the mines,” said Master Drilling technology director Koos Jordaan at the... 

Curves on the hard rock 9 ° inclination of the declining cutting face at Eland mine.
Master Drilling technology director Koos Jordaan’s presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Trevali unveils Rosh Pinah expansion study results

By: Mariaan Webb     26th August 2020 Toronto-listed Trevali Mining has announced the outcomes of a prefeasibility study (PFS) for the expansion of its Rosh Pinah mine, in Namibia, putting a price tag of $93-million on the RP2.0 expansion project. The study contemplates expanding the throughput from 0.7-million tonnes a year to... 

Rosh Pinah, in Namibia
Rosh Pinah, in Namibia

Bolivia's largest mine suspends operations again due to pandemic

By: Reuters     25th August 2020 Bolivia's San Cristóbal mine, a huge deposit of zinc, lead and silver, has suspended operations for a second time due to the coronavirus outbreak, it said on Monday, as Covid-19 infections continued to spread in the landlocked South American nation. The company, a wholly owned subsidiary of... 

Covid-19 to contribute to lower lead output, says GlobalData

By: Tasneem Bulbulia     21st August 2020 Global lead production is expected to decrease by 5.2% to 4.5-million tonnes this year, says data and analytics company GlobalData. The outbreak of the Covid-19 pandemic in late December 2019 significantly impacted the mining industry in the first half of this year and continues to do so. 

Trilogy-South32 venture delivers feasibility for $1bn Arctic project

By: Mariaan Webb     20th August 2020 Ambler Metals – a joint venture between Trilogy Metals and South32 – on Thursday announced the outcome of a feasibility study for the Arctic base and precious metals project, in north-western Alaska. With an estimated initial capital requirement of $906-million and sustaining capital of... 

Electra Mining Africa 2020 going digital with Connect – and it’s free of charge 

By: Martin Creamer     20th August 2020 The Electra Mining Africa Connect week will enable exhibitors to promote their products and services free of charge alongside industry-related informative webinars, media activations and product showcase opportunities from September 7 to 11. For the first time in 48 years, Electra Mining Africa... 

Specialised Exhibitions MD Gary Corin.
Specialised Exhibitions MD Gary Corin outlines Electra Mining Africa 2020 Connect plans to Martin Creamer. Video: Darlene Creamer.

Xanthates alternatives more effective – supplier

By: Mamaili Mamaila     14th August 2020 The differential flotation of polymetallic sulphide ores, including copper, lead and zinc, are a common practice where these metals are mined from the same ore deposit. 

BOOKED AND BUSY
The team has several trials planned for operations in Turkey, Spain and South Africa
BOOKED AND BUSY The team has several trials planned for operations in Turkey, Spain and South Africa

Awesome new proudly South African face mask kindling international interest   

By: Martin Creamer     13th August 2020 An awesome new proudly South African face mask, with a replaceable filtration system at its heart, is attracting international interest. The innovative and timely Hudaco Air Mask is a lockdown-period product of the Johannesburg Stock Exchange-listed Hudaco Industries group. (Also watch attached... 

The Hudaco mask assembly.
Hudaco CEO Graham Dunford and Hudaco’s executive consultant Mike Allnutt discuss the new Hudaco face mask innovation with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Coal will continue to be assessed but should remain in Glencore right now – Glasenberg 

By: Martin Creamer     6th August 2020 Coal will continue to be assessed but should remain in Glencore right now, Glencore CEO Ivan Glasenberg said on Thursday. For the six months to June 30, the London- and Johanneburg-listed diversified mining and marketing company report that its energy business was down 65% at $0.7-billion on... 

Ivan Glasenberg
Ivan Glasenberg
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