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Rhodium News

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... 

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.

Platinum supply on downhill slope – Northam  

By: Martin Creamer     31st March 2022 Platinum group metals (PGMs) mining company Northam Platinum displayed graphs during Thursday’s presentation of half year results, which indicate that PGMs supply is on a hiding to nothing on the way to 2040. “There’s a systematic global primary supply problem and the scarcity of both new PGM... 

Creamer Media screenshot
Northam Platinum half-year results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Tharisa takes controlling stake in Karo

By: Creamer Media Reporter      31st March 2022 Platinum group metals (PGMs) and chrome producer Tharisa has exercised its farm-in option to acquire a controlling interest in Karo Mining Holdings for $27-million in shares. Tharisa will issue 13.69-million shares to The Leto Settlement and now holds a 66.3% interest in Karo – compared with the... 

Tharisa CEO Phoevos Pouroulis
Tharisa CEO Phoevos Pouroulis

Implats to acquire a further one-million RBPlat shares

By: Creamer Media Reporter      31st March 2022 Platinum group metals miner Impala Platinum (Implats) has concluded agreements to acquire a further 1.01-million Royal Bafokeng Platinum (RBPlat) shares, constituting about 0.35% of RBPlat shares in issue. This will increase Implats' shareholding in RBPlat to 37.62%. 

Growth outcomes inform approach to dividends ­as Northam digs in on RBPlat deal

By: Martin Creamer     31st March 2022 Growth outcomes will inform Northam Platinum’s approach to dividends, the platinum group metals (PGMs) company stated in reporting 60%-higher half-year headline earnings a share. Northam highlighted that it still had an option to acquire a further 3.29% in Royal Bafokeng Platinum (RBPlat), which... 

Creamer Media picture.
Photo by Creamer Media
Northam Platinum CEO Paul Dunne

Africa has prime opportunity to provide commodities usually supplied by Russia

By: Marleny Arnoldi     29th March 2022 As Western Europe accelerates a structural transition away from Russian energy dependence, Africa will play a salient role in filling this void, says Oxford Economics Africa (OEA). During a webinar on March 29, the research company unpacked how a more pressing shift towards renewable energy and a... 

China’s imports have shifted platinum into global deficit, says independent consultant 

By: Martin Creamer     29th March 2022 China’s importation of platinum has shifted platinum’s supply balance into deficit, says independent precious metal consultant Dr David Davis. Supply-and-demand forecasts presented to the market are not giving the complete picture, Davis contends in a 17-page analysis published by Singapore-based... 

Creamer Media picture.
Photo by Creamer Media
Independent precious metals consultant Dr David Davis.

Green hydrogen energy supply to local communities envisaged by Anglo 

By: Martin Creamer     28th March 2022 The green hydrogen footprint being developed by Anglo American could be extended to provide low-cost and efficient energy to local communities. Anglo, which is advancing towards using green hydrogen to replace diesel in the huge haul truck it is building at Anglo American Platinum’s Mogalakwena... 

Creamer Media picture taken at South Africa Investment Conference
Photo by Creamer Media's Donna Slater
Anglo American CEO Mark Cutifani.

Bokoni platinum mine is large, high-grade opportunity, says African Rainbow Minerals 

By: Martin Creamer     25th March 2022 The Bokoni platinum group metals (PGM) mine being acquired for R3.5-billion by African Rainbow Minerals (ARM) hosts South Africa’s second largest PGM resource, with ready-built mining and processing plant infrastructure on site. Bokoni provides greater exposure to palladium and is close to ARM’s... 

Screenshot of ARM slide.
Increases ARM's combined platinum group metals resource base to 266-million ounces.

Opinion: Why green hydrogen is the fuel of the future

24th March 2022 In this article, ENGIE MD for thermal, hydrogen, desalination and battery storage for Africa Jonathan Debasc unpacks why green hydrogen is the future for South Africa. Renewable energy has widely been heralded as the future for countries on the journey towards becoming net-zero emission... 

ENGIE MD for thernal, hydrogen, desalinaion and battery storage for Africa Jonathan Debasc
ENGIE MD for thernal, hydrogen, desalinaion and battery storage for Africa Jonathan Debasc

Platinum group metals miner Implats commits R50bn to five-year capital programme 

By: Martin Creamer     24th March 2022 Platinum group metals (PGMs) mining and marketing company Implats affirmed at the South African Investment Conference on Thursday that it would commit close to R50-billion to its Southern African capital investment programme over the next five years. The investment capital would be targeted at... 

Implats CEO Nico Muller and President Cyril Ramaphosa at the investment conference
Photo by Creamer Media's Donna Slater
Implats CEO Nico Muller and President Cyril Ramaphosa at the investment conference

Hydrogen development expected to create up to 60 000 new jobs – Mjwara 

By: Martin Creamer     23rd March 2022 Green hydrogen development in South Africa has the potential to generate up to 60 000 new jobs in the next ten to 15 years, said Department of Science and Innovation (DSI) director-general Dr Phil Mjwara during a televised interview on SABC News. Mjwara expressed confidence that the R15-million... 

Creamer Media cellphone picture of TV screen.
Photo by SABC NEWS
Science and Innovation Department DG Dr Phil Mjwara

Master Drilling posts good results, to continue technology pursuit

By: Schalk Burger     22nd March 2022 JSE-listed drilling technology company Master Drilling achieved a 40% year-on-year increase in revenue to a record $171.8-million for the year ended December 31, 2021. It generated $32.5-million in cash from operating activities, reduced its debt to $32.1-million and grew its operating profit by... 

Renewable-energy projects Merafe’s 2022 focus, says CEO Zanele Matlala   

By: Martin Creamer     22nd March 2022 The focus of ferrochrome company Merafe Resources in 2022 will be on renewable energy projects, along with efficient operations, cash management and well-ordered capital allocations, CEO Zanele Matlala said on Tuesday. The year 2021 has been one of spectacular recovery for the Glencore Merafe... 

Creamer Media screenshot of pictures on Merafe website.
Merafe Resources presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Cash-flush ferrochrome producer Merafe declares dividend on record profit

By: Martin Creamer     22nd March 2022 The year 2021 was a year of recovery for the Glencore Merafe Pooling and Sharing Venture, both from a financial and operational perspective. JSE-listed Merafe, headed by CEO Zanele Matlala, reported on Tuesday that Improved economic activity had contributed to robust demand for ferrochrome,... 

Creamer Media picture
Photo by Creamer Media
Merafe Resources CEO Zanele Matlala

Parliaments must act swiftly to reduce climate change – Mapisa-Nqakula  

By: Martin Creamer     22nd March 2022 National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world's Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the... 

South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula
South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula

Wesizwe resumes construction activities at Bakubung, but funding shortage a challenge

By: Creamer Media Reporter      18th March 2022 Although construction resumed at Wesizwe's Bakubung mine in mid-February, the mine is now behind its construction schedule. Wesizwe on February 8 informed shareholders that community protests had interrupted the development of its Bakubung mine and that construction of the mine had been halted... 

Anglo partnership secures 100% renewable energy supply for South Africa operations 

By: Martin Creamer     18th March 2022 Diversified mining and marketing company Anglo American has signed a memorandum of understanding with global renewable energy company EDF Renewables to work together towards developing a regional renewable energy ecosystem in South Africa. The regional renewable energy ecosystem is expected to be... 

Picture supplied.
Anglo American management board chairperson in South Africa Nolitha Fakude.

Now’s the time for full energy freedom, says green hydrogen stalwart Andrew Forrest 

By: Martin Creamer     17th March 2022 Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane... 

Creamer Media screen shot.
Photo by Creamer Media
Fortescue Metals Group nonexecutive chairperson Andrew Forrest (right), being interviewed by CNN anchor Christiane Amanpour.

South African platinum workers eye windfall as wage talks near

By: Bloomberg     16th March 2022 South Africa’s biggest platinum mining union will next week start submitting wage demands to companies as workers push for a share of the windfall profits brought by rallying metal prices. Negotiations for a three-year wage deal with producers including Anglo American Platinum.,... 

Equivalent of a Koeberg arising in solar projects – AmaranthCX  

By: Martin Creamer     14th March 2022 The equivalent of a Koeberg power station is arising in the form of new largely mine-linked private-sector solar power photovoltaic projects across Southern Africa, according to AmaranthCX director and founder Paul Miller, whose company is working on the second edition of its electronic map of... 

Creamer Media screenshot
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

75 MW renewable energy project for Sedibelo Platinum 

By: Martin Creamer     11th March 2022 Pilanesberg Platinum Mines, a subsidiary of Sedibelo Platinum, has appointed the juwi/Sturdee Energy consortium as preferred bidder to supply renewable energy to the mining operation. The parties have signed a memorandum of understanding and will now commence negotiations towards a power purchase... 

Picture supplied.
An evening view of Sedibelo's Pilanesberg Platinum Mines.

South Africa must move very rapidly towards green energy, climate webinar hears  

By: Martin Creamer     11th March 2022 The ratio between green energy and brown energy in South Africa needs to move very rapidly in favour of green energy, says Climate Adaptation Lead to the South African Presidential Climate Commission and Institute for Security Studies Africa senior research associate Dhesigen Naidoo. Naidoo was... 

Creamer Media screenshot
Fasken webinar on transition to green energy covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Royal Bafokeng Platinum’s 30 MW solar power study close to completion  

By: Martin Creamer     10th March 2022 South Africa’s only rural community-owned mining company Royal Bafokeng Platinum (RBPlat), which delivered record dividend-yielding earnings and production 2021, is close to completing its renewable energy study on the building of an embedded 30 MW photovoltaic (PV) power plant. “It’s almost... 

Picture supplied.
Royal Bafokeng Platinum CEO Steve Phiri interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Platinum surplus forecast to reduce significantly  

By: Martin Creamer     9th March 2022 The platinum surplus in 2021 is forecast to reduce by 47% in 2022 as Covid-related and operational disruptions gradually settle, the World Platinum Investment Council (WPIC) states in its Platinum Quarterly. Covering the fourth quarter of 2021, along with a full year review of 2021 and revised... 

World Platinum Investment Council Director of Research Trevor Raymond
World Platinum Investment Council Director of Research Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hydrogen technology can drive innovation, socioeconomic recovery

By: Schalk Burger     8th March 2022 Dube TradePort-based hydrogen fuel cell manufacturer Chem Energy SA sees an enormous opportunity to start a hydrogen economy in South Africa, particularly as the country has a national green energy programme. Hydrogen power generation can be expanded to bring innovative technology companies into... 

CHEM SA's factory in KwaZulu-Natal

Share sell off undermines community’s influence on regional job sustainability – RBPlat  

By: Martin Creamer     8th March 2022 Platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri on Tuesday criticised the sell-off of RBPlat shares by Royal Bafokeng Holdings (RBH) to Northam Platinum as an undermining of the direct significant influence of the 300 000-strong Bafokeng community on... 

Creamer Media screenshot.
Royal Bafokeng Platinum results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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