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Palladium News

South Africa mining production down 3.4% y/y in Sept

By: Simone Liedtke     11th November 2021 South Africa’s mining production decreased by 3.4% year-on-year in September, Statistics South Africa (Stats SA) reported on November 11. The largest negative contributors were coal, platinum-group metals (PGMs) and gold. 

Godongwana describes commodity windfall as temporary as he holds consolidation line 

By: Terence Creamer     11th November 2021 Finance Minister Enoch Godongwana indicated on Thursday that government regarded the revenue windfall that had arisen as a result of higher commodity prices as temporary and confirmed that fiscal consolidation would, thus, be sustained to reduce the Budget deficit and stabilise the national debt.... 

Finance Minister Enoch Godongwana
Photo by Reuters
Finance Minister Enoch Godongwana

US adds nickel, zinc to draft critical minerals list, drops potash

By: Mariaan Webb     11th November 2021 The US Geological Survey (USGS) has added nickel and zinc to its proposed list of 50 ‘critical minerals’ – defined as those essential to economic or national security and have a supply chain vulnerable to disruption – while four others, including potash, have fallen off the draft 2021 list. The... 

Image of pure nickel sulphate
The Biden Administration's 100 day supply chain review states that there is an 'urgency' to develop a strategy around Class 1 nickel.

Minerals Council backs Eskom leadership, urges govt to cut procurement red tape

By: Martin Creamer     10th November 2021 Minerals Council South Africa on Wednesday supported the Eskom leadership team in its efforts to stabilise South Africa’s electricity supply and urged government to focus on shortening the bureaucratic processes hindering Eskom’s ability to procure urgently required spares for power stations and... 

Supplied picture
Minerals Council South Africa CEO Roger Baxter

Implats sees solar, green hydrogen as the way forward for sustainable energy

By: Marleny Arnoldi     10th November 2021 Large-scale solar plants are often considered a viable solution for decarbonisation in emerging markets, as it ensures emission reductions and offers secure electricity supply. Simultaneously, it presents an opportunity for mining companies to save on electricity as an input cost, and,... 

Gold major Newmont spending $500m on renewables, world congress hears 

By: Martin Creamer     10th November 2021 Gold mining major Newmont is spending $500-million on renewable energy projects against the backdrop of climate risk equating to investment risk for all mining industry participants, the Energy and Mines Virtual World Congress heard on Tuesday. Expenditure of the half-a-billion dollars began last... 

Energy and Mines director Adrienne Baker (left) and Newmont executive VP and chief technology officer Dean Gehring (right).
Energy and Mines director Adrienne Baker (left) and Newmont executive VP and chief technology officer Dean Gehring (right).

Green hydrogen market presents huge opportunity for Africa – Mantashe  

By: Martin Creamer     9th November 2021 The green hydrogen market presents a huge opportunity for Africa to position itself as a global competitor in future green energy markets, Minerals Resources and Energy Minister Gwede Mantashe has told the Africa Energy Week. Countries such as South Africa and Zimbabwe, the Minister said,... 

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Minerals Resources and Energy Minister Gwede Mantashe

Bafokeng clinch green business boost as part of Northam platinum deal  

By: Martin Creamer     9th November 2021 Royal Bafokeng Holdings has accepted an unsolicited offer from Northam Platinum for up to a third of Royal Bafokeng Platinum (RBPlat) in a R17-billion transaction that opens the way for the community to accelerate into the fast-growing green energy economy with Northam’s help. Royal Bafokeng... 

Creamer Media montage of own and supplied pictures
Photo by Creamer Media
Royal Bafokeng Holdings CEO Albertinah Kekana (left) and Northam Platinum CEO Paul Dunne.

Modern mining infrastructure, innovations to address junior mining, exploration challenges 

By: Schalk Burger     5th November 2021 Innovation and technology development to promote and reinvigorate the country’s moribund exploration, emerging and junior mining sector are focused on developing shared infrastructure and innovations to reduce costs and make exploration more effective and efficient. Research, development and... 

Platinum group metals playing key role in Proudly South African hydrogen breakthrough  

By: Martin Creamer     5th November 2021 Platinum group metals (PGMs), which are hosted overwhelmingly in South Africa, have played a key role in rocketing the performance of local alkaline electrolysers, in which PGMs are not generally used. Hydrox Holdings of Randburg, which has been pursuing hydrogen solutions for more than two... 

Creamer Media screenshot
Hydrox CEO Corrie de Jager interviewed by Mining Weekly's Martin Creamer.

Zimplats posts slight decline in quarterly output

By: Marleny Arnoldi     5th November 2021 ASX-listed Zimplats has reported a 6% quarter-on-quarter decrease in the production of platinum, palladium, ruthenium, rhodium, iridium and gold (6E) platinum group metals (PGMs) to 143 061 oz for the three months ended September 30. The PGMs miner also reported a 4% higher quarter-on-quarter... 

Mining modernisation to benefit junior miners, exploration in South Africa 

By: Schalk Burger     4th November 2021 The development and applications of technologies and techniques in mining to make it safer, more productive and more efficient are benefiting junior miners and adding tools and capabilities to stimulate minerals exploration in South Africa, mining and technology experts said on November 4. During... 

Top-performing South African fund rides bet on energy stocks

By: Bloomberg     4th November 2021 South Africa’s top-performing equity fund has reaped the benefit of a wager that battered stocks, particularly in the energy sector, would flourish as economies rebounded from the worst of the pandemic. Blue Quadrant Capital Management’s Worldwide Flexible Prescient Fund has returned 125% this... 

Sibanye advances buyout of Sandouville asset

By: Chanel de Bruyn     4th November 2021 Precious and green metals company Sibanye-Stillwater has signed a share purchase agreement (SPA) to acquire the Sandouville nickel hydrometallurgical processing facility from French mining and metallurgy company Eramet. Sibanye in July signed an exclusive put option agreement to acquire the... 

An image of the Sandouville nickel processing facility
The Sandouville nickel processing facility

South African Duncan Wanblad to succeed Mark Cutifani as Anglo CE 

By: Martin Creamer     3rd November 2021 Diversified mining company Anglo American on Wednesday announced the appointment of Duncan Wanblad as chief executive with effect from the company’s annual general meeting (AGM) on April 19 next year – and has also spelt out details of Wanblad’s upcoming remuneration package in considerable... 

A picture of Wanblad supplied by Anglo
South African Duncan Wanblad, who takes over as CE of Anglo American on April 19.

Pallinghurst now has all key battery, hydrogen fuel cell elements  

By: Martin Creamer     3rd November 2021 The Pallinghurst Group now has within its fold all the key elements needed for lithium-ion batteries, fuel-cells and green hydrogen economy. Pallinghurst’s latest transaction with Talon Metals brings in nickel, copper and cobalt, which augment the already-in-the-bag graphite, battery-grade... 

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Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Anglo to transition to green hydrogen mine fleet over decade – Cutifani 

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American, which is piloting the world’s biggest green hydrogen-powered haulage vehicle, is planning to replace its global truck fleet of 400 diesel trucks with hydrogen trucks over a ten-year period from about 2024. Introducing hydrogen mobility on its mines will... 

Creamer Media screenshot
Anglo American’s hydrogen truck with hydrogen production and refuelling system shown top right.

Anglo can uplift livelihoods of many thousands, sustainability attendees hear

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American can uplift the livelihoods of many thousands of people living around its communities in South Africa and support many jobs through its sustainability projects, attendees of Anglo’s second 2021 sustainability update were told. The London- and... 

Creamer Media screenshot
Photo by Creamer Media
Anglo American responsible business partnerships head Jon Samuel

Anglo to use underground mine water to generate electricity   

By: Martin Creamer     2nd November 2021 Diversified mining company Anglo American is planning to use water in its underground mines as batteries. The water will be pumped up when operations have excess renewable power and allowed to run back down when electricity is needed. 

Creamer Media screenshot
Photo by Creamer Media
From top left clockwise are Mark Cutifani, Jon Samuel, Stephen Pearce and Zahira Quatrocchi.

Anglo American sets ambition to halve Scope 3 emissions by 2040 

By: Martin Creamer     29th October 2021 Diversified mining company Anglo American on Friday published its Climate Change Report 2021, ahead of its six-monthly sustainability performance update. The update includes Anglo’s progress towards its target of carbon neutral operations (Scopes 1 & 2) by 2040 and its ambition to reduce its... 

Creamer Media picture
Photo by Creamer Media
Anglo American CE Mark Cutifani

Implats’ 6E production volumes down 6% in the first quarter

By: Simone Liedtke     29th October 2021 Platinum group metals (PGMs) miner Impala Platinum’s (Implats’) ruthenium, rhodium, palladium, osmium, iridium, and platinum (6E) concentrate production decreased by 6% year-on-year to 809 000 oz for the quarter ended September 30 – the first quarter of its 2022 financial year. Managed volumes... 

Lower PGM, gold prices result in 5% y/y decrease in Sibanye's third-quarter Ebitda

By: Chanel de Bruyn     28th October 2021 Despite a solid operational performance in the third quarter ended September 30, lower average platinum group metal (PGM) and gold prices resulted in a decrease in precious and battery metals producer Sibanye-Stillwater's adjusted earnings before interest, taxes, depreciation and amortisation... 

A photo of Neal Froneman
Sibanye-Stillwater CEO Neal Froneman

Hydrogen turning Europe into climate neutral economy, energy leaders highlight 

By: Martin Creamer     28th October 2021 Hydrogen has an essential role to play to meet the climate change imperative of carbon neutrality, a World Hydrogen Leaders panel highlighted week. German, French, British, Norwegian and Swiss energy representatives taking part in the World Hydrogen Leaders discussion on the regulatory landscape... 

Creamer Media screenshot of World Hydrogen Leaders online event October 2021
World Hydrogen Leaders virtual event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Zimbabwe miners losing 20% of export proceeds to exchange rate distortions – report

By: Reuters     27th October 2021 Zimbabwe's miners are losing 20% of their export proceeds due to a widening gap between the official and black market currency exchange rate, an industry report showed on Wednesday. The Zimbabwe dollar is trading at 93 to the dollar on the official market, but is quoted as low as 180 against the... 

Sibanye-Stillwater well positioned as climate resilient business – Froneman 

By: Martin Creamer     27th October 2021 Precious and green metals company Sibanye-Stillwater is well positioned as a climate-change resilient business in the future green economy, says CEO Neal Froneman, who emphasises environmental social governance (ESG) as being core to the company’s strategy as it achieves its objective of building... 

Creamer Media screenshot taken during online webinar October 2021
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

RBPlat's shares rise on buyout offer from Implats

By: Chanel de Bruyn     27th October 2021 Platinum group metals (PGMs) miner Royal Bafokeng Platinum's (RBPlat's) share price on the JSE rose by more than 23% on Wednesday morning after shareholders were informed that fellow PGMs miner Impala Platinum (Implats) had made a nonbinding indicative proposal to acquire RBPlat. RBPlat and... 

A photo of the Bafokeng Rasimone Platinum Mine Concentrator plant
The Bafokeng Rasimone Platinum Mine Concentrator plant

Sylvania achieves record PGM performance at Tweefontein

By: Simone Liedtke     26th October 2021 Aim-listed Sylvania Platinum achieved a record platinum-group metal (PGM) production performance at its Tweefontein project, which contributed 2 209 oz towards the Sylvania Dump Operations (SDO) achieving 15 771 oz of platinum, palladium, rhodium and gold (4E) output in the first quarter of the... 

Platinum's atypical alkaline electrolyser role lowering hydrogen cost outlook 

By: Martin Creamer     26th October 2021 Platinum group metals (PGMs) are lifting the performance of an alkaline electrolyser, which is helping to lower the cost outlook of green hydrogen. PGMs have been incorporated in the catalytic coatings of the electrodes of the prototype Advanced Alkaline Electrolyser (AAE) alkaline electrolyser... 

Creamer Media screenshot of Hydrox electrolyser.
Photo by Creamer Media
Hydrox’s PGM-using alkaline electrolyser.

RBPlat produces 127 000 oz of PGMs in third quarter

By: Simone Liedtke     25th October 2021 Notwithstanding the ongoing impact of the Covid-19 pandemic, platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) produced 127 000 oz of platinum, palladium, rhodium and gold (4E) for the quarter ended September 30. This progress was underpinned by an improved Styldrift... 

Gold hovers near key $1 800 level as softer dollar lifts appeal

By: Reuters     25th October 2021 Gold prices held firm on Monday near the key level of $1 800 as a drop in the US dollar bolstered bullion's safe-haven appeal, while investors cautiously eyed the next Federal Reserve meet for guidance on its monetary policy. Spot gold was up 0.6% at $1 803.06/oz, as of 08:58 GMT. US gold... 

An image of gold bars and coins.

Canada’s First Nations see green hydrogen as an indigenous reconciliation opportunity 

By: Martin Creamer     25th October 2021 Hydrogen systems are not only going to be green, clean and low emission but they are also going to be local – and Canada’s First Nations see them as an indigenous reconciliation opportunity. “They’re going to be local energy systems,” Change Energy principal Rymal Smith said in response to Fasken... 

Creamer Media screenshot during Fasken webinar
Photo by Creamer Media
Bimaadzwin CEO Isadore Day

Mine operators need to take hydrogen very seriously, law firm webinar hears 

By: Martin Creamer     22nd October 2021 Mine operators need to take hydrogen and fuel cells very seriously as a pathway to decarbonisation, a webinar hosted by law firm Fasken heard this week. “There’s no pathway to zero carbon that does not include hydrogen and fuel cells,” H2GO Canada CEO Bob Oliver stated emphatically in response to... 

Creamer Media screenshot
Photo by Creamer Media
From to left, clockwise, Dan Brock, Isadore Day, Al Davidson, Rymal Smith and Bob Oliver.

No zero carbon without green hydrogen, US pledging $1/kg coal-parity price 

By: Martin Creamer     21st October 2021 The world will be unable to meet its zero-carbon targets without the introduction of green hydrogen solutions, says Plug Power chief strategy officer Sanjay Shrestha, at a time when the US has launched a programme to cut the cost of clean hydrogen by 80%. Nasdaq-listed Plug Power, a pure play... 

Creamer Media Screenshot
Photo by Creamer Media
Plug Power chief strategy officer Sanjay Shrestha

Diamonds, iron-ore drive 2% rise in Anglo American's third-quarter output  

By: Simone Liedtke     21st October 2021 Diversified miner Anglo American achieved a 2% increase in production for the third quarter, ended September 30, which CEO Mark Cutifani largely attributed to planned higher rough diamond production at its De Beers subsidiary, as well as increased production from the Minas-Rio iron-ore project,... 

A photo of Mark Cutifani, CEO of Anglo American
Photo by Bloomberg
Anglo American CEO Mark Cutifani

Amplats reports 'strong' Q3 performance, remains on track to meet FY guidance

By: Chanel de Bruyn     21st October 2021 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) remains on track to meet its full-year production and sales targets after a strong third-quarter performance. Metal-in-concentrate PGM production was 1.12-million ounces, in line with production in the third quarter of 2020,... 

A photo of Natascha Viljoen, CEO of Amplats
Amplats CEO Natascha Viljoen

Policy-not-law charter judgment going long way towards providing certainty – NSDV 

By: Martin Creamer     19th October 2021 The court judgement that the mining charter is policy and not law goes a long way towards providing regulatory certainty, says NSDV mining law senior associate Muhammed Khan ­– but it is not the end of the road, he cautions in a 1 500-word analysis entitled The Great Mining Charter Debate. Khan... 

Picutre supplied by NupenStaudeDeVries
NSDV mining law senior associate Muhammed Khan.

Nornickel urges scientists to find new ways to use palladium

By: Reuters     18th October 2021 Russia's Nornickel, the world's largest palladium producer, said on Monday it had begun a contest for scientists to find new ways to use the metal that has been hit by a chip shortage in the auto industry, its top consumer sector. Global demand for palladium has weakened recently as automakers,... 

Incentive needed for smaller end of stock exchange to survive – Miller  

By: Martin Creamer     18th October 2021 An incentive is needed for the listing of companies on the smaller end of the stock exchange, which is facing an existential crisis, said AmaranthCX director and owner Paul Miller on Monday. Reacting to the groundswell of headlines about delistings and lack of listings on the Johannesburg Stock... 

Creamer Media screenshot of Paul Milller during October 2021 Zoom interview.
AmaranthCX director and owner Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer
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