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Eskom attributes three stages of load-shedding to wildcat strike 

By: Terence Creamer     1st July 2022 Embattled power utility Eskom has attributed three stages of the current load-shedding, which is being implemented daily at between Stage 4 and Stage 6, directly to the illegal strike under way at varying levels of intensity across its coal fleet. Speaking against the backdrop of a resumption of... 

Eskom CEO André de Ruyter
Photo by Creamer Media Chief Photographer Donna Slater
Eskom CEO André de Ruyter

Focus on ‘core underlying issues’ to tackle load-shedding crisis – EIUG 

By: Terence Creamer     1st July 2022 Ending the current restrictions to the addition of new generation capacity and addressing Eskom’s deteriorating generation performance are key to arresting intensifying load-shedding, the Energy Intensive Users Group (EUIG) asserts. CEO Fanele Mondi said in a statement the recent illegal... 

A power line tower

Peru communities to allow Las Bambas mine restart after 51-day shutdown

By: Reuters     10th June 2022 A group of indigenous Peruvian communities on Thursday agreed to temporarily lift a protest against MMG's Las Bambas copper mine that forced the company to halt operations for more than 50 days, the longest in the mine's history. According to meeting minutes signed on Thursday afternoon, the... 

TFR signs cross-border agreement with Railways of Mozambique 

By: Schalk Burger     1st July 2022 State-owned rail agency Transnet Freight Rail (TFR) has signed a cooperation agreement with Mozambique State agency Ports and Railways of Mozambique (CFM) to implement an immediate train run-through model that will result in the export of chrome and ferrochrome moving seamlessly from Belfast, in... 

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres  

By: Martin Creamer     6th June 2022 Highest and best use of ultra-large end-of-life mine truck tyres is being brought about by a change to the model in which resources are mined, made into products, and then become waste. Just one of these giant tyres can weigh 4.5 t and stand 14 feet tall. Put five of the 63-inch variety into a... 

Picture supplied.

Small remaining equity needed for restart of rich old copper mine in Northern Cape 

By: Martin Creamer     9th June 2022 A mine that produced some of South Africa’s best copper and zinc concentrates back in the day is capable of being brought back into production in 19 months after reconstruction go-ahead. Only a very little portion of equity is still required for the restart of the Prieska copper/zinc mine, which... 

Creamer Media screenshot
Where Orion Minerals is developing mines.

South Africa in a position to export energy – Anglo American Platinum 

By: Martin Creamer     28th June 2022 South Africa is one of only four countries that has more renewable energy available to it than what it needs for itself, which places the country in a very strong position to be able to export energy, with hydrogen in the form of ammonia, hydrogen gas or liquid hydrogen among the best ways of... 

Anglo American Platinum CEO Natascha Viljoen.
Anglo American Platinum CEO Natascha Viljoen.

Namibia has potential to become new age battery metals Pilbara – AfriTin 

By: Martin Creamer     14th June 2022 Namibia has the potential to become the Pilbara of new age battery metals. That is the view of AfriTin CEO Anthony Viljoen, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.) 

Picture supplied.

'Unprecedented' flooding erodes road to Sibanye's Stillwater mine

By: Mariaan Webb     14th June 2022 Precious metals miner Sibanye-Stillwater reported on Tuesday that all its employees at the Stillwater mine, in flood-hit Montana, were safe, but stated that roads and bridges leading to the mine had been damaged. The region has experienced widespread floods since Monday, after a warm spell led... 

An image of a road damaged by flooding
The Nye road (419) has been closed because of flooding.

High-purity manganese facing phenomenal demand growth, PDAC hears 

By: Martin Creamer     24th June 2022 The commitment of at least six major motor companies to manganese-based batteries for battery electric vehicles (BEVs) is elevating the demand outlook for high-purity manganese phenomenally, a Prospectors & Developers Association of Canada (PDAC) conference has been told. CPM Group lead manganese... 

Creamer Media screenshot.
CPM Group lead manganese analyst Andrew Zemek.

JSE recounts rousing tent-to-tech journey as Southern Palladium turns listing tide  

By: Martin Creamer     8th June 2022 The first in-person listing of the Johannesburg Stock Exchange since covid heard the African kudu horn serenade an opening bid of R6.90 a share for platinum group metals (PGMs) company Southern Palladium, which on Wednesday took its place on the JSE’s main board as a secondary listing under the... 

Creamer Mdedia screenshot.

One of world’s biggest cobalt mines is at stake in Congo fight

By: Bloomberg     24th June 2022  A dispute over one of the biggest copper and cobalt mines is escalating in the Democratic Republic of Congo, threatening to disrupt exports of essential battery materials and raising questions about the project’s future. A top executive from state mining company Gecamines said that partner CMOC... 

Bester-Hilaire Ntambwe Ngoy Kabongo, Sage Ngoie Mbayo and Leon Mwine Kabiena, from left, in Lubumbashi, Democratic Republic of Congo, on June 16.
Bester-Hilaire Ntambwe Ngoy Kabongo, Sage Ngoie Mbayo and Leon Mwine Kabiena, from left, in Lubumbashi, Democratic Republic of Congo, on June 16.

Energy transition will require many times more metals than are currently mined

By: Darren Parker     3rd June 2022 Given the rate of population growth, a 10% penetration of electric vehicles (EVs) into the automotive market by 2030 would require the mining industry to produce about ten times more metals than what it currently produces, Rainbow Rare Earths CEO George Bennett has said. “Most people don't... 

Metals haven’t crashed this hard since the great recession

By: Bloomberg     27th June 2022 Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricocheted into a bear market from a record four months ago, while tin just tumbled 21% in its worst week since a 1980s... 

US seeks $4.3bn for uranium to wean off Russia supply

By: Bloomberg     8th June 2022 The Biden administration is pushing lawmakers to support a $4.3-billion plan to buy enriched uranium directly from domestic producers to wean the US off Russian imports of the nuclear-reactor fuel, according to a person familiar with the matter. Shares of uranium companies surged. Energy... 

An image of the White Mesa uranium facility in Blanding, Utah
The White Mesa uranium facility in Blanding, Utah

Turmoil at Firefinch as MD walks, Morilla update expected

By: Mariaan Webb     29th June 2022 Australian company Firefinch’s shares were suspended on Wednesday, pending an announcement regarding the operational performance and production guidance at the Morila gold mine, in Mali. The company also announced that MD Michael Anderson had left his position “by mutual agreement” – a day after... 

Future metals beneficiation bonus on way for already hugely endowed Northern Cape 

By: Martin Creamer     10th June 2022 Modern technology and global decarbonisation demand is positioning South Africa’s already incredibly well-endowed Northern Cape with big beneficiation bonanza potential, in addition to being a green minerals, green metals and green energy haven. Rapidly developing clean beneficiation technology... 

Creamer Media screenshot.
Future-facing metals in abundance in Northern Cape.

Aussie miners move to allay shareholder fears following Moz attack

By: Esmarie Iannucci     9th June 2022 An insurgent attack at a mine project in the Cabo Delgado province, in Mozambique, has seen ASX-listed miners operating in the region scramble to assure shareholders. The insurgent attack happened at a mine project near Ancuabe, some 200 km from ASX-listed Syrah Resources’ Balama project, as well... 

Syrah Resources' Balama project
Syrah Resources' Balama project

Glencore to automate drilling in first phase of digital mining journey 

By: Martin Creamer     13th June 2022 Diversified mining and marketing company Glencore is to convert surface drills in Chile to autonomous operation as part of the first phase of a digital mining journey. Glencore's Compañía Minera Lomas Bayas copper mine in the Atacama Desert, northern Chile – which extracts low-grade copper oxide... 

Picture provided by Flanders
Glencore to convert surface drills to autonomous operation in Chile.

Rare earths mining marking time amid prospecting bid to explore on same site 

By: Martin Creamer     7th June 2022 A rare earths development is marking time owing to a prospecting right appeal to explore where a mining right has already been granted, Steenkampskraal chairperson Trevor Blench disclosed at last week’s Junior Indaba. The Steenkampskraal mine contains all fifteen rare earths, including those that... 

Picture supplied
Steenkampskraal chairperson Trevor Blench.

Renewables plans poised to slash Scope 2 emissions at Grootegeluk coal mine by up to 90%  

By: Martin Creamer     27th June 2022 Going forward, combined renewables plans already in place are poised to slash Scope 2 emissions at Exxaro Resources’s Grootegeluk coal mine in Limpopo by up to 90%. The renewable strategy being executed by coal miner Exxaro’s wholly owned green energy arm – Cennergi – is the key driver of the... 

Exxaro/Cennergi MD Energy Roland Tatnall

PwC suggests miners use 2021 gains to prepare for critical minerals future

By: Marleny Arnoldi     15th June 2022 Although the world’s top 40 mining companies demonstrated stellar financial results in 2021, it is unclear how long this record run can continue, since the industry is experiencing unprecedented change, says PwC. The enterprise services and advisory company finds in its ‘Mine 2022’ report that... 

PwC energy, utilities and resources leader Andries Rossouw
PwC energy, utilities and resources leader Andries Rossouw

Building Forever has become core business at De Beers, it's in the business plan  

By: Martin Creamer     20th June 2022 It is a full year since the De Beers Group set itself a dozen far-reaching 2030 ‘Building Forever’ sustainability goals, which have as their four focus areas leading ethical practices, protecting the natural world, partnering for thriving communities and accelerating equal opportunity. In... 

Picture provided.

Gold Fields investor tells miner to scrap Yamana deal 

By: Reuters     10th June 2022 A top-10 investor in South Africa's Gold Fields on Friday urged the miner to cancel its planned takeover of Canada-based Yamana Gold, saying the $6.7-billion transaction was expensive and did not guarantee growth and profitability. Shares in the South African miner plunged 20% on May 31, when it... 

Gold Fields investor tells miner to scrap Yamana deal

Southern Palladium, Steenkampskraal, Rocsole, Kal Tire make headlines   

10th June 2022 Mining Weekly Editor Martin Creamer unpacks Southern Palladium's listing on the JSE; Steenkampskraal's rare earths development; and Rocsole stressing the need for increased efficiency to cut carbon emissions and Kal Tire tackling mine tyre waste through the circular economy approach.   

Photo of Martin Creamer

Cornish Metals gains former Anglo American CEO as board member

By: Mariaan Webb     6th June 2022 Battery minerals investor Vision Blue Resources has nominated Tony Trahar, a former CEO of global miner Anglo American,  as its representative to the board of directors of exploration and development junior Cornish Metals. Trahar is a special adviser to Sir Mick Davis’ Vision Blue Resources,... 

Capital raise under way to progress copper/zinc mine in Northern Cape 

By: Martin Creamer     29th June 2022 An opportunity to subscribe for new shares in parcels starting from R20 000 to a maximum of R330 000 is being offered to eligible shareholders by Orion Minerals. The capital raise is being undertaken to fund the Sydney- and Johannesburg-listed Orion’s Prieska copper/zinc mine, as well as other... 

Creamer Media photograph.
Photo by Creamer Media
Orion Minerals CEO Errol Smart

Sustainability taking front seat at Harmony Gold  

By: Martin Creamer     22nd June 2022 Large South African gold miner Harmony Gold sees R500m/y savings from Phase 2 on-balance-sheet renewables projects. This means the estimated R1.5-billion cost of the planned 137 MW second phase solar power projects will be covered in three years. 

Picture supplied

Glencore gets A$20m investment in Qld CCS project  

By: Esmarie Iannucci     13th June 2022 Diversified miner Glencore has announced that its joint venture partners Marubeni Corporation and Electric Power Development Co (J-Power) will each fund A$10-million in Glencore’s CTSCo carbon capture and storage (CCS) project in Queensland. The CTSCo project aims to demonstrate CCS technology... 

Image shows trucks at a Glencore operation

Europe imports more South African coal as Russian ban looms

By: Reuters     15th June 2022 European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa's main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wednesday. South Africa's Richards Bay Coal Terminal (RBCT)... 

Europe imports more South African coal as Russian ban looms

JSE reforms, venture capital juniors, Sedibelo make headlines   

3rd June 2022 Mining Weekly Editor Martin Creamer discusses the JSE’s reforms highlighted at this year’s Junior Indaba; attracting venture capital funded juniors to invest; and Sedibelo Platinum Mines's role in the country’s green hydrogen effort.   

Photo of Martin Creamer

Increased efficiency cuts carbon, advances net-zero path, research finds  

By: Martin Creamer     8th June 2022 Like all other key industries, mining is having to advance along a net-zero path as part of the global decarbonisation drive. Gone are the days when innovation and financial improvement can be sold on their own without a carbon advantage. (Also watch attached Creamer Media video.) 

Creamer Media screenshot.

Green hydrogen’s business case significantly strengthened, summit hears 

By: Martin Creamer     17th June 2022 Green hydrogen, when earlier identified as a necessary clean energy source to help the world achieve net-zero emissions in the coming decades, was higher up the cost curve than fossil fuels. Now that has changed with this week’s Financial Times Hydrogen Summit emphasising that green hydrogen’s... 

Creamer Media screenshot
FT Hydrogen Summit panel discussion.

Peru Cabinet seeks solution for Las Bambas crisis as leftists urge nationalisation

By: Reuters     6th June 2022 Peru's Cabinet was meeting on Friday to try and find a truce to the ongoing conflict that has paralyzed operations at MMG's Las Bambas copper mine, as some left-wing lawmakers suggest nationalizing the company would be the solution. Operations at Las Bambas, one of the world's largest copper... 

Prieska Power Reserve partners IDC to further South Africa’s green hydrogen ambitions

By: Martin Creamer     14th June 2022 Emerging green hydrogen company Prieska Power Reserve on Tuesday announced a partnership with the State-owned Industrial Development Corporation (IDC) to advance a green hydrogen project in Prieska, in South Africa’s Northern Cape province. The Prieska Power Reserve Project is described on the... 

Picture supplied.
Prieska Power Reserve director Meta Mhlarhi.

China Moly denies Congo administrator takes over its Tenke copper-cobalt mine

By: Reuters     10th June 2022 There has been no change in control of Tenke Fungurume Mining, majority owner China Molybdenum said on Friday, contradicting a state mining company official who said a temporary administrator had taken control of the world's second-largest cobalt producer. The secretary-general of Congo's state... 

The copper processing facilities at the Tenke Fungurume operation.
The copper processing facilities at the Tenke Fungurume operation.

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