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Lead News
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... →
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... →
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
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... →
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... →
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... →
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... →
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... →
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... →
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
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... →
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. →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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. →
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... →
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... →
Glencore holds back on dividend, accelerates net debt reduction
By: Martin Creamer 6th August 2020 Notwithstanding its cash-generative business and secure liquidity positions, the board of Glencore has concluded that it would be inappropriate to make a distribution to shareholders in 2020, Glencore CEO Ivan Glasenberg said on Thursday. Instead the London- and Johannesburg-listed diversified... →
Glencore’s strong first-half positions it for top-end marketing earnings
By: Martin Creamer 31st July 2020 Diversified mining and marketing company Glencore has delivered an overall strong first-half operating performance amid the unprecedented challenges presented by Covid-19. “This reflects both the ability and dedication of our teams to adapt to these difficult conditions,” said Glencore CEO Ivan... →
Essentials of Galvanizing webinar recording
30th July 2020 Creamer Media’s Contract Publishing, in a joint venture with the International Zinc Association Africa Desk, recently hosted a webinar on the the role of zinc in corrosion protection as well as the launch of the Essentials of Galvanizing book - an essential guide for designers and engineers. →
Nexa Resources appoints ABB for automation systems
By: Donna Slater 28th July 2020 Electronics, automation and robotics company ABB is partnering with zinc, copper and lead miner Nexa Resources in a digital transformation programme to modernise existing mining and smelting process installations in Brazil and Peru. Aligned with Nexa’s directive automation and information master... →
Fresnillo reports rise in profitability, despite Covid-19 impact
By: Donna Slater 28th July 2020 Higher gold and silver prices, along with higher volumes of zinc and lead sold, contributed in a 5.3% year-on-year increase in Mexico-based precious metal miner Fresnillo's revenue to $1.12-billion for the six months ended June 30. The miner has declared an interim dividend of $16.9-million,... →
‘Historic dumps’ do not appear to be MPRDA regulated – law firm
By: Martin Creamer 20th July 2020 South Africa’s ‘historic dumps’ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under the MPRDA... →
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