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Rhodium News

Europe gives another lofty boost to green hydrogen, electrolyser targets

By: Martin Creamer     19th May 2022 The European Commission this week took firm steps to again boost green hydrogen production and electrolyser manufacture amid sharply rising consumption targets. The commission’s latest RePowerEU proposals include the raising of its 2030 renewable hydrogen consumption targets for industry to 75%,... 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

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CSIR CEO Dr Thulani Dlamini

Law firm drawing on giga-scale hydrogen project experience to derisk new ventures  

By: Martin Creamer     17th May 2022 Lack of expertise about getting giga-scale hydrogen projects off the ground is a big problem in the industry, say Allen & Overy South Africa’s Alessandra Pardini and Alexandra Cluver, who believe they know how best it should be done from experience gained through project managing three of the... 

Pictures supplied
International law firm speaks to Mining Weekly’s Martin Creamer on giga-scale hydrogen projects. Video: Nicholas Boyd.

Johnson Matthey predicts smaller platinum surplus, palladium and rhodium deficits

By: Reuters     17th May 2022 A surplus in the platinum market should shrink this year and the palladium and rhodium markets are likely to move back into deficit, Johnson Matthey said in a report on Monday. The three metals are used in autocatalysts that reduce emissions from vehicle engines, with platinum also used in other... 

SARB takes control of small lender Ubank

By: Reuters     16th May 2022 South Africa's central bank said on Monday it had placed Ubank, a small South African lender primarily offering financial services to families of gold and platinum miners, under a curatorship with immediate effect. South African Reserve Bank Governor Lesetja Kganyago said in the last two years... 

Sibanye-Stillwater hoists first tons from R4bn 4 000-job K4 platinum project 

By: Martin Creamer     16th May 2022 The first tons have been hoisted at Marikana K4, Sibanye-Stillwater’s high-return resumed platinum group metals  (PGM) project, which was largely predeveloped and equipped when acquired from the now defunct Lonmin in 2019. “The K4 project is an unrivalled, top-tier project in the PGM industry,... 

Picture supplied.
The K4 headgear of the new platinum group metals shaft.

South Africa’s high-flying Jubilee creating 800 mostly long-term jobs in Zambia 

By: Martin Creamer     16th May 2022 Diversified metal recovery business Jubilee, which is rolling out an investment of R786-million in South Africa and Zambia, has offered employment and contractor opportunities to more than 800 people in Zambia, the most of which are long term, the company stated in a release on Monday. In Zambia,... 

Screenshot of website image and enhancement
Copper and cobalt in Zambia and platinum group metals and chrome in South Africa.

Things looking interesting for platinum despite surplus  

By: Martin Creamer     16th May 2022 What the World Platinum Investment Council (WPIC) is forecasting for 2022 is a reduced but still large platinum surplus of 627 000 oz. But this surplus is extremely vulnerable to the issues the WPIC thinks may play out, particularly: 

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World Platinum Investment Council Research Director interviewed by Mining Weekly's Martin Creamer. Video Darlene Creamer.

Eastplats records strong first quarter

By: Tasneem Bulbulia     13th May 2022 Dual-listed Eastern Platinum’s (Eastplats) revenue for the three months ended March 31 increased by 4.3% year-on-year to $17.4-million. The increase in revenue was primarily owing to an increase in platinum group metal (PGM) sales for the period. 

Mining production down 9.3% y/y in March

By: Creamer Media Reporter      12th May 2022 South Africa's mining production decreased by 9.3% year-on-year in March, with the largest negative contributors being gold, iron-ore, manganese ore and platinum group metals. Diamond production, which increased by 44.3% year-on-year, made a significant positive contribution to the overall figure. 

Minimum of 14 000 jobs a year from South Africa’s first hydrogen corridor 

By: Martin Creamer     11th May 2022 South Africa’s first hydrogen corridor now under development has the potential to generate a minimum of 14 000 jobs, $400-million in gross domestic product and $900-million in taxes a year by 2050. In an addition, there is potential to grow platinum group metal (PGM) demand by between 1% to 2%... 

Creamer Media picture.
Photo by Creamer Media
Minerals Council hydrogen briefing from left Allan Seccombe, Roger Baxter and Fahmida Smith.

Minerals Council spells out members’ commitment to climate change mitigation 

By: Martin Creamer     11th May 2022 Members of Minerals Council South Africa have agreed to commit to a climate change response strategy that will reduce Scope 1 and Scope 2 emissions and achieve a net zero emission by 2050 or earlier. Minerals Council South Africa senior health and environment executive Nikisi Lesufi on Tuesday... 

Creamer Media picture
Photo by Creamer Media
Minerals Council South Africa senior health and environment executive Nikisi Lesufi, closest right, with Minerals Council's Allan Seccombe, left.

South Africa keen to harness hydrogen economy opportunities, President Ramaphosa tells Indaba  

By: Martin Creamer     10th May 2022 It was just amazing to see the innovation that the mining industry is capable of scaling up, President Cyril Ramaphosa told the Investing in African Mining Indaba in his enthusiastic address on Tuesday. “Last week, I attended the launch by Anglo American of the world’s largest hydrogen-powered... 

Creamer Media picture taken of screen
Photo by Creamer Media
President Cyril Ramaphosa at the Investing in African Mining Indaba.

South Africa has significant implementation crisis – Minerals Council 

By: Martin Creamer     9th May 2022 South Africa has a significant implementation crisis. A number of government departments and parastatals were hollowed out. Capacity is a significant issue in almost every parastatal – water authorities, Eskom, Transnet and across the board. “We’re not rushing in to take over activities because... 

supplied picture
Minerals Council South Africa CEO Roger Baxter.

Energy transition presents opportunity to build inclusive ecosystem – Wanblad 

By: Martin Creamer     9th May 2022 The energy transition currently under way presents a fresh opportunity for South Africa to build a clean and inclusive energy ecosystem that can create new and significant economic opportunities for the African continent. This continent, with its vast natural reserves of abundant sun and wind,... 

Picture supplied.
New Anglo American CE Duncan Wanblad

Gangs stealing cables miles underground torment South African platinum mines

By: Bloomberg     9th May 2022 South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations. Enticed by high copper prices, thieves are sneaking in, descending deep underground and setting up camp among vast networks of... 

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,”... 

Picture taken by Creamer Media
Photo by Creamer Media
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.

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.

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

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... 

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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.

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... 

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