https://www.miningweekly.com
R/€ = 17.11 Change: 0.00
R/$ = 16.76 Change: 0.03
Au 1745.41 $/oz Change: -22.70
Pt 864.50 $/oz Change: -3.00
 

Palladium News

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,”... 

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... 

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

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

World Coal Association favours just energy transition to net zero future  

By: Martin Creamer     5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... 

Creamer Media photograph
Photo by Creamer Media
World Coal Association chairperson July Ndlovu

Sibanye says unions using gold strike to leverage platinum deal

By: Bloomberg     5th May 2022 Sibanye-Stillwater said the almost two-month long strike at its South African gold mines is being used as leverage by labor unions for upcoming wage negotiations at its platinum operations. South African miners, including Anglo American Platinum Ltd. and Impala Platinum Holdings Ltd., are... 

Sibanye suspends gold guidance, but reports strong first-quarter earnings 

By: Donna Slater     5th May 2022 JSE- and NYSE-listed precious and battery metals miner Sibanye-Stillwater has reported adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of R13.66-billion ($898-million) for the quarter ended March 31. This marks a 31% year-on-year decrease from the record Ebitda of... 

An image of Sibanye-Stillwater's Kroondal operation
Sibanye-Stillwater's Kroondal operation

Wesizwe’s Li steps down, Honglie assumes CEO role

By: Donna Slater     4th May 2022 Owing to operational requirements, platinum group metals miner Wesizwe CEO and executive director Zhimin Li will step down from the position on May 4. He will, however, remain with the company as deputy CEO.  

Moody’s upgrades Sibanye-Stillwater’s credit rating

By: Donna Slater     3rd May 2022 Credit ratings company Moody’s Investors Service has upgraded JSE- and NYSE-listed precious and battery metals miner Sibanye-Stillwater’s corporate family rating (CFR) from Ba3 to Ba2 with a positive outlook. Moody’s notes that the rating action reflects the strong financial performance that... 

South Africa would do well to highlight its key iridium status to world that needs this very rare metal  

By: Martin Creamer     3rd May 2022 South Africa would do well to highlight its key iridium supply status to gain the full confidence of a world that requires this very rare platinum group metal (PGM) to advance the fast-moving hydrogen economy. Iridium is a potent co-roleplayer with PGM stalwart platinum when it comes to... 

Creamer Media picture
SFA Oxford CEO Henk de Hoop interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Implats reports 6% lower refined production amid challenging operating landscape 

By: Martin Creamer     29th April 2022 The gross refined production of platinum group metals (PGM) mining company Implats declined by 6% to 2.35-million ounces in the nine months to March 31, when sales volumes of 2.38-million ounces were 4% lower than the prior comparable period. “The operating landscape continues to be challenging,”... 

Picture supplied.
Implats CEO Nico Muller

Northam a step closer to extending Zondereinde mine’s life 

By: Donna Slater     28th April 2022 Platinum group metals (PGM) miner Northam, through drilling contractor Master Drilling, completed drilling of the No 3 Shaft at its Zondereinde mine on April 27, thereby extending the life of the mine and enabling easier and quicker access for personnel to the working face, as well as getting ore... 

An image of a drill rig
Photo by Creamer Media's Donna Slater
Master Drilling's RD8-R1 drill rig on site at the riase boring of Northam's Zondereinde Number three Shaft

RBPlat CFO to remain on as director until Implats' mandatory offer becomes unconditional or lapses

By: Creamer Media Reporter      28th April 2022 Platinum group metals miner Royal Bafokeng Platinum (RBPlat) reports that, although Hanré Rossouw had resigned as CFO with effect from April 3, he will continue to serve as nonexecutive director. In the context of the mandatory buyout offer for all RBPlat shares, announced by Impala Platinum... 

RBPlat board keeps temporary hold on top two as acquisition overtures pan out

By: Martin Creamer     26th April 2022 The CEO and COO of platinum group metals company Royal Bafokeng (RBPlat) have agreed to work beyond their scheduled retirement dates as the acquisition overtures being made for the company by Impala Platinum and Northam Platinum intensify. Regarding the retirement of RBPlat CEO Steve Phiri, the... 

Wimbledon opts for platinum to mark Queen’s jubilee, centre court centenary 

By: Martin Creamer     26th April 2022 In the year of the Queen of England’s platinum jubilee, the coins to be used in the Wimbledon ladies’ and gentlemen’s singles finals coin toss will be made of platinum for the first time in the championships’ history. This follows last month’s unveiling by the UK Royal Mint of its largest ever... 

Image supplied by WPIC
Platinum coin to be tossed at Wimbledon.

Canadian North sets aside C$11m for Nunavut exploration

By: Creamer Media Reporter      26th April 2022 TSX-V-listed exploration and development company Canadian North on Monday announced a C$11-million budget for its exploration plan at Ferguson Lake, in Nunavut, focusing on nickel, copper, cobalt,  palladium and platinum mineralisation. The exploration plan will include a resource estimation, a... 

Palladium One increases LK indicated resources by 250%

By: Creamer Media Reporter      26th April 2022 Precious metals exploration company Palladium One has published an updated mineral resource estimate (MRE) for its Läntinen Koillismaa (LK) project, in north-central Finland, increasing the Kaukua area’s indicated resources tonnes by about 250%. The project now has 1.1-million ounces total... 

Palladium sheds nearly 13% on worries over China demand hit

By: Reuters     25th April 2022 Palladium prices fell nearly 13% on Monday as China's Covid-led lockdowns soured the demand outlook for the autocatalyst, while looming US interest rate hikes took the shine off gold. Spot palladium fell 10.6% to $2 122.21 per ounce by 10:19 a.m. ET (1419 GMT), after hitting its lowest since... 

Nornickel Q1 nickel output up, palladium down

By: Reuters     25th April 2022 Russian metals producer Nornickel said on Monday its first-quarter nickel production rose year-on-year due to the recovery of its two mines after flooding in 2021, while palladium output fell due to a high base effect. Nornickel, the world's largest palladium producer and a leading nickel... 

RBPlat posts higher first-quarter output

By: Marleny Arnoldi     25th April 2022 Platinum group metals miner Royal Bafokeng Platinum (RBPlat) has posted a 7.7% improvement in platinum, palladium, rhodium, iridium, ruthenium and gold metals-in-concentrate production to 124 000 oz for the quarter ended March 31. Total tonnes milled for the quarter increased by 8.7%... 

Miner expands beneficiation facilities

By: Nadine James     22nd April 2022 Platinum-group metals (PGMs) producer Impala Platinum (Implats) has committed about R12-billion over five years to expand its Southern African processing facilities.  The company notes that the investment in its South African and Zimbabwean smelting and refining facilities will benefit the... 

An image of the Two Rivers joint venture between African Rainbow Minerals and Impala Platinum
Photo by Impala Platinum
PUSHING AHEAD While progress on the 40 000 t/m upper group 2 plant expansion at Two Rivers was impeded by Covid-19 and delays in steel deliveries, the tailings storage facility expansion is nearing completion

Rain contributes to 6% y/y drop in Amplats' first-quarter output

By: Donna Slater     21st April 2022 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) produced 6% less PGMs year-on-year in the first quarter of this year, at 956 000 oz. Platinum production was 5% lower year-on-year at 444 300 oz, while palladium production was 10% lower at 296 600 oz. 

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

Picture supplied.
President Cyril Ramaphosa.

Geopolitical support for hydrogen evolution positive for platinum group metals 

By: Martin Creamer     19th April 2022 The overall geopolitical situation is lending strong support to the hydrogen evolution, which in turn continues to drive the demand for platinum group metals (PGMs). Hydrogen Europe and the European Clean Hydrogen Alliance are now calculating that 2030 will see the generation of 320 GW to 400 GW... 

Picture supplied.
Heraeus Precious Metals Executive VP New Business Development Dr Philipp Walter

Anglo positioning itself as favoured iron-ore supplier to green steelmakers  

By: Martin Creamer     14th April 2022 Diversified mining company Anglo American is taking steps to position itself as a favoured iron-ore supplier to green steel producers. 

Creamer Media picture.
Anglo American sustainability presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Metal prices to remain elevated this year – Fitch Solutions

By: Donna Slater     14th April 2022 Compared to pre-Covid-19 levels, metal prices are expected to remain elevated this year and next as a result of high energy prices constraining production; Russia’s invasion of Ukraine, which is causing a massive dent in global metal exports from both countries combined; logistical issues and... 

Greater fuel cell adoption would be a massive boost for South Africa’s platinum group metals  

By: Martin Creamer     13th April 2022 The enactment by more governments of policies to enable greater hydrogen fuel cell mobility would be a massive boost for South Africa’s platinum group metals (PGMs) sector, Mining Weekly can today report. Adoption of hydrogen fuel cell mobility has already been significantly enabled by the German... 

Creamer Media picture
PGMs Industry Day webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Striking workers losing 2 years of increase value as strike intensifies, says Sibanye

By: Donna Slater     13th April 2022 Following an announcement by trade unions the National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (AMCU) on April 12 that they intend to ramp-up strike action at Sibanye-Stillwater’s South African operations, the miner is urging the union leadership to... 

NUM, AMCU to ramp up Sibanye gold strike, down tools at affiliated platinum mines 

By: Donna Slater     12th April 2022 Trade unions the National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (AMCU) have agreed to intensify strike action against precious metals miner Sibanye-Stillwater in a dispute over wage increases at the company’s South African gold mines. Additional... 

An image of Sibanye-Stillwater's Driefontein mine
Sibanye-Stillwater's Gauteng-based Driefontein gold mine

Palladium set to rally for years on shortages, top miner says

By: Bloomberg     11th April 2022 Prices of palladium and rhodium are poised to rally for years as a supply squeeze tightens for the metals that are key to curbing vehicle emissions, said the head of the world’s third-largest producer of platinum group metals Prices of palladium and rhodium -- that are used in catalytic... 

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

Picture supplied
Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Hydrogen economy ‘incredibly exciting opportunity’, says Minerals Council’s Baxter 

By: Martin Creamer     8th April 2022 Mobility in mining is perfectly suited to kickstarting the domestic hydrogen adoption process, according to Minerals Council South Africa CEO Roger Baxter, who drew attention during the PGMs Industry Day conference to several mining companies that had already played a leadership role in the... 

Picture supplied.
Minerals Council South Africa CEO Roger Baxter.

Northam, AngloGold debut on this year’s Brand Finance South Africa 100 ranking

By: Marleny Arnoldi     7th April 2022 A series of mining companies have, this year, joined the ranks of Brand Finance South Africa 100 for the first time. Every year, Brand Finance puts 5 000 of the biggest brands to the test and ranks them across all sectors and countries. South Africa’s top 100 most valuable and strongest brands... 

Hydrogen key to long-term use of platinum, says SFA Oxford’s Forrest   

By: Martin Creamer     6th April 2022 Coordinated industry intervention is required to create sustainable platinum group metals (PGM) markets, with hydrogen the key to the long-term use of platinum, said outgoing SFA Oxford head Stephen Forrest in a swansong address. “Promote PGMs heavily as platinum’s structural surplus helps... 

Creamer Media screenshot
Platinum Group Metals Industry Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer Media

Green finance taxonomy to help investors make green project decisions – law firm 

By: Martin Creamer     5th April 2022 South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Pictures supplied
Patrick Heron (left) and Joon Chong.

Zimbabwe mines see $10bn funding shortfall over five years

By: Bloomberg     5th April 2022 Zimbabwe’s mining industry sees a funding shortfall of $10-billion over the next five years, a challenge compounded by erratic power supplies and exchange-rate volatility. While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold, diamond and chrome mines,... 

Minerals Council ending century-long relationship with Johannesburg CBD

By: Martin Creamer     4th April 2022 Minerals Council South Africa has begun a new era by moving into modern premises in Rosebank, Johannesburg, and closing a century-long chapter in Johannesburg’s central business district (CBD). The historic Minerals Council building, on Hollard Street– which was constructed in 1921 – will be sold. 

Creamer Media picture.
Photo by Creamer Media
Historic Minerals Council building, on Hollard Street.

Sibanye-Stillwater highlights battery grade nickel sulphate fetching price premium 

By: Martin Creamer     1st April 2022 Precious metals mining company Sibanye-Stillwater on Friday highlighted the quality elevation of its price-discounted nickel sulphate crystals to price-premium battery grade through the introduction of the Thakadu Battery Materials operation into the Base Metal Refinery in North West province.... 

Creamer Media screenshot
Sibanye-Stillwater operation highlighted during Bank of America conference virtual site visit.
1 2
3
4 5 6 7 8 9
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now