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Rhodium News
Steel market embracing need for decarbonisation, says Kumba Iron Ore 
By: Martin Creamer 26th July 2022 At a time when steelmakers the world over are taking strong steps to decarbonise steelmaking, Kumba Iron Ore’s high-quality, high-lump iron-ore is highly sought after, which positions the Johannesburg Stock Exchange-listed mining and marketing company well in the global fight against climate... →
Kumba Iron Ore excited by President’s energy plan, working earnestly on carbon reduction
By: Martin Creamer 26th July 2022 Kumba Iron Ore CEO Mpumi Zikalala on Tuesday expressed excitement at the energy announcement of President Cyril Ramaphosa, who unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW... →
Wesizwe CEO steps down 
By: Creamer Media Reporter 25th July 2022 Wang Hongile has stepped down as CEO of Wesizwe Platinum owing to ill health. Wesizwe has appointed deputy CEO Zhimin Li as interim CEO. →
Decarbonisation, renewables can create new economic sectors in SA – Anglo Platinum
By: Martin Creamer 25th July 2022 JOHANNESBURG (miningweekly.com) – Anglo American Platinum CEO Natascha Viljoen on Monday expressed the firm belief that decarbonisation and renewable energy have the potential to create new economic sectors in South Africa. On the renewable energy front, Viljoen also revealed that Anglo Platinum... →
Anglo Platinum declares R21bn dividend, levers R71bn half-year societal underpin
By: Martin Creamer 25th July 2022 Platinum group metals (PGMs) mining and marketing company Anglo American Platinum on Monday declared a gross interim dividend of R21.5-billion from profits accrued during the six-month period ended June 30, when it made a R71-billion economic contribution to society. The dividend is equivalent to... →
Anglo American Platinum CFO Craig Miller
Europe leads even though sun, wind, storage, green electron/molecule energy is tailor made for South Africa
By: Martin Creamer 22nd July 2022 This week the European Commission approved €5.4-billion of public support by 15 member states for a hydrogen technology value chain taking in hydrogen generation technology, fuel cells technology, storage technology and end-user technology. The week before, Shell started building Europe’s largest... →
Anglo progresses sustainability as Chile drought hits copper output
By: Martin Creamer 21st July 2022 Diversified mining and marketing company Anglo American is progressing towards its stretching sustainability targets on all fronts while partnering to accelerate the deployment of hydrogen-powered haul truck technology across the mining industry and other transport applications. This was... →
Anglo American CEO Duncan Wanblad
Anglo Platinum maintains 2022 guidance as half-year earnings head for fall
By: Martin Creamer 21st July 2022 Johannesburg Stock Exchange-listed platinum group metals (PGMs) mining and marketing company Anglo American Platinum has maintained its metal-in-concentrate PGM guidance, while also advising of a potential halving of half-year earnings in the six months to June 30. Guided for 2022 is 3.9-million... →
Hydrogen-powered truck launch highlights sustainability progress.
Platinum-containing hydrogen fuel technology driving net-zero ambitions – WPIC
By: Donna Slater 15th July 2022 The World Platinum Investment Council (WPIC) says platinum group metals (PGMs) are enabling many sectors globally to achieve net-zero carbon emissions goals through their use in hydrogen energy and low-emissions technology, and especially through green hydrogen production. Hydrogen fuel – made... →
Basing analysis solely on data can result in treasure being mistaken for trash
By: Martin Creamer 15th July 2022 Applying subject matter expertise to process data streams for accuracy is a necessary part of mining’s new digital age, according to SRK Consulting Global chief technology officer Mike Olsen. Olsen, the leader of SRK’s data engineering team, spoke to Mining Weekly in a Zoom interview from Canada.... →
Mining production down 7.8% y/y in May, but sales increase
By: Tasneem Bulbulia 14th July 2022 Mining production decreased by 7.8% year-on-year in May, Statistics South Africa (Stats SA) has revealed. The largest negative contributors were gold (-28.3% and contributing -4.6 percentage points); coal (-7.3% and contributing -1.9 percentage points); and manganese ore (-14.5% and contributing... →
New mining Bill major threat to jobs and investment, must be strenuously opposed – ENSafrica
By: Martin Creamer 14th July 2022 A new draconian mining industry draft Bill, which threatens jobs and investment – and can even impose a penalty of 10% of turnover on a mine company, along with corporate manslaughter charges – must be “very, very strenuously opposed", top South African mining industry lawyer Willem Le Roux urged... →
Presenting ENSafrica webinar are from top anti-clockwise Willem Le Roux, Pieter Colyn and Celeste Coles.
Jubilee appoints nonexecutive director to chair safety, sustainability committee
By: Donna Slater 14th July 2022 Aim- and AltX-listed diversified metals processing company Jubilee Metals Group has appointed Tracey Kerr independent nonexecutive director with immediate effect. Based in the UK, she is currently a nonexecutive director of Hochschild Mining, a FTSE 250 precious metal mining company with mines... →
Hydrogen highlighted as ‘slam dunk’ of heavy haul
By: Martin Creamer 13th July 2022 What will be Australia’s biggest electrolyser – a platinum-using proton exchange membrane or PEM electrolyser – is on order to provide green hydrogen Down Under at a time when the planet’s lightest molecule is being highlighted as the ‘slam dunk’ of heavy-haul transport in a decarbonising world.... →
Eastplats positions new mining method to reopen CRM before year-end
By: Donna Slater 8th July 2022 Having completed a new long-term plan and mine redesign study, JSE- and TSX-listed midtier platinum group metals (PGMs) miner Eastplats envisages restarting mining operations at its flagship PGMs and chrome operations, Crocodile River Mine (CRM), in South Africa’s North West province in the third... →
An Eastplats miner stands in a stope of the Zandfontein section of the Crocodile River Miner. Eastplats intends to use breast stoping and conventional mining methods when it reopens the mine.
Look out for the platinum coin toss at Wimbledon
By: Martin Creamer 8th July 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 this weekend will be made of platinum for the first time in the championships’ history. As Mining Weekly reported earlier this year, the coins are being... →
Green electrons and green molecules can be South Africa’s just energy transition
By: Martin Creamer 7th July 2022 A green electron and green molecule energy transition is tailor made for South Africa, an increasing number of observers are concluding. Superior sun, prime wind, land, favourable storage potential, know-how and metals put this country in pole position for green electricity and green mobility. →
New Anglo strategy director excited by mining’s green energy transition
By: Martin Creamer 4th July 2022 The newly appointed group director of strategy and business development of diversified mining company Anglo American on Monday singled out mining’s green energy transition in commenting on the excitement of her new appointment. Helena Nonka, who is currently executive VP of corporate development... →
Mine haulage transition to electric offered without disruption
By: Martin Creamer 1st July 2022 If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... →
Anglo enters deal to accelerate rollout of nuGen zero emissions haulage solution
By: Chanel de Bruyn 30th June 2022 Diversified miner Anglo American is in exclusive negotiations with specialist engineering technology company First Mode Holding and has agreed nonbinding terms to establish a combined business to accelerate the rollout of Anglo's nuGen hydrogen-powered Zero Emissions Haulage Solution (ZEHS). The... →
Bauba subsidiary Nuco Chrome granted eight-year mining right
By: Donna Slater 30th June 2022 Platinum and chrome miner Bauba Resources reports that its 74%-owned exploration company Nuco Chrome business has been granted a mining right, which is valid for eight years. The mining right – notarially executed on June 23 – came into effect on June 3, and will end on June 2, 2030. →
Eastplats appoints new CEO
By: Creamer Media Reporter 30th June 2022 Platinum group metals miner Eastern Platinum (Eastplats) has appointed Wanjin Yang as CEO, effective immediately. He is a senior exploration geologist with over 30 years’ of experience in major mineral exploration projects, corporate management and corporate development. He previously was the... →
Biggest African fund manager is key to platinum takeover battle
By: Bloomberg 30th June 2022 Impala Platinum Holdings said Africa’s biggest fund manager must make a decision over what to do with its Royal Bafokeng Platinum stake, which has become central to ending an eight-month takeover battle that is hindering the companies from making future plans. South Africa’s Public Investment... →
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... →
Orion Minerals CEO Errol Smart
Implats, AMCU sign five-year wage deal
By: Marleny Arnoldi 28th June 2022 JSE-listed Impala Platinum Holdings (Implats) on June 28 signed a five-year wage agreement with the Association of Mineworkers and Construction Union (AMCU) for its operating subsidiaries Marula and Impala Rustenburg, effective July 1. The agreement is in line with current inflation of 6.5% and... →
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 investing in expansion of organic waste upcycling company Sanergy
By: Schalk Burger 28th June 2022 Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy's solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into... →
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... →
Numsa shopsteward at Implats contractor murdered
By: News24Wire 27th June 2022 The National Union of Metalworkers of South Africa (Numsa) said that one of its shopstewards, Mahlomola Hlothoane, was murdered at his home on Friday evening. Police have confirmed the incident, and said there have been no arrests yet. →
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... →
Informal settlements near North West mining areas to be upgraded
By: Yvonne Silaule 24th June 2022 Informal settlements in the mining areas around the Bojanala and Dr Kenneth Kaunda districts, in the North West, will soon be upgraded as the provincial Department of Human Settlements sets out to fast-track upgrades. The expanding informal settlements are close to mining areas and mainly house... →
Deeming could bring regulatory certainty to much-needed minerals investment – NSDV
By: Martin Creamer 23rd June 2022 The detraction of the South African investment market is the uncertainty around approval timelines and the implementation of a deeming provision could change all that by treating applications as approved after the passing of a set period of time. Many want to invest in exploration and mining... →
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. →
Numsa heads to court to fight interdict preventing strike at Implats’ Rustenburg mines
By: Donna Slater 21st June 2022 Labour union the National Union of Metalworkers of South Africa (Numsa) is heading to the Labour Court on June 21 to lay out its case for wanting about 4 000 of its members, employed by three mining contractors, to embark on a strike at Impala Platinum’s (Implats’) Rustenburg mines. One of the... →
Numsa members employed by Implats contractors embark on a strike
By: Donna Slater 20th June 2022 The National Union of Metalworkers of South Africa (Numsa) claims it has served three contractors supplying services to platinum group metals miner Impala Platinum (Implats) with notice to embark on an “indefinite” strike, starting on June 20. On June 21, Numsa says, its members will gather to... →
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... →
ESG provides profitable returns from smart capital allocation – analyst
By: Martin Creamer 15th June 2022 Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating expenses and receive favourable investor interest and cheaper finance. When it comes to ESG, the... →
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... →
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