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Zinc News

Orion obtains urgent interdict to prevent further protest disruption at Prieska 

By: Simone Liedtke     10th May 2021 Copper developer Orion Minerals has obtained an urgent interdict in the Northern Cape High Court, in Kimberley, to prevent any further disruption to its business at the Prieska copper/zinc mine involving violence and intimidation. Orion on May 7 said actions at the miner’s operations have “mostly... 

Protest action across South Africa damaging country’s prospects for further investment, exploration

By: Simone Liedtke     7th May 2021 The Minerals Council South Africa has condemned the “violence and thuggery” being experienced at various operations and in various communities across South Africa and has called on authorities – especially the South African Police Service – to “act swiftly and impartially” to ensure the safety of... 

IEA report outlines urgent need to accelerate investment in critical minerals needed to drive energy transitions 

By: Terence Creamer     5th May 2021 A new International Energy Agency (IEA) report is warning of a potential supply deficit for some of the ‘critical minerals’ needed to support a global shift in the energy system that is aligned with the Paris Climate Agreement, as well as the growing number of country commitments to cutting... 

IEA report outlines urgent need to accelerate investment in critical minerals needed to drive energy transitions

New CEO for NorZinc

By: Creamer Media Reporter      4th May 2021 TSX-listed mine development company NorZinc has appointed Rohan Hazelton as new CEO, succeeding Don MacDonald, who is stepping down as director and CEO after three years in these roles. Chairperson John Warwick thanked MacDonald for his service and welcomed Hazelton to the company. 

EIUG welcomes zinc miner as a member

By: Schalk Burger     30th April 2021 Nonprofit association the Energy Intensive User Group (EIUG) on April 30 said its new member Namibian and South African zinc mining company Black Mountain Mining (BMM) will strengthen the association and diversify its portfolio through the addition of the zinc industry. The EIUG is committed to... 

New Century hit by wet weather

By: Esmarie Iannucci     29th April 2021 Base metals miner New Century Resources has reported a 6% decline in zinc production for the three month to March, compared with the December quarter. Zinc metal production from the Century mine, in Queensland, reached 30 433 t during the quarter under review, down from the 32 350 t produced in... 

Teck posts triple-digit first-quarter profit growth

By: Marleny Arnoldi     28th April 2021 Canadian diversified miner Teck Resources says a solid first quarter operational performance and higher commodity prices contributed to a good start to this year for the company. CEO Don Lindsay reports that the company achieved major milestones on its priority projects, including surpassing... 

Teck posts triple-digit first-quarter profit growth
Teck Resources' Elkview mine, in Canada

Mining policy should be hugely supportive of exploration’s multiplier magic – investor  

By: Martin Creamer     28th April 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive investment-friendly... 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor
Integral Asset Management CIO Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore chair defends pay plan for commodity trader’s new CEO

By: Bloomberg     22nd April 2021 Glencore's chairperson defended an incentive plan for the commodity giant’s new chief executive officer, after prominent advisory firms urged investors to vote against it. Gary Nagle, the handpicked successor of outgoing CEO Ivan Glasenberg, will take over the helm of the world’s biggest... 

Glencore chair defends pay plan for commodity trader’s new CEO
Gary Nagle

Bunker Hill PEA envisages rapid restart

By: Mariaan Webb     21st April 2021 Under new Idaho-based leadership, Bunker Hill Mining on Tuesday announced the results of a preliminary economic assessment (PEA) for its iconic namesake mine, envisaging a rapid restart at a capital cost of $42-million. The Bunker Hill mine, located in Idaho’s Silver Valley, will generate about... 

Commodities of the future to boom over 20-year horizon

By: Donna Slater     21st April 2021 A significant number of commodities are set to experience strong demand growth over the next 20 years, while “conventional” commodities will receive an added boost as they take a central stage in the green and digital transitions, says financial risk management, solutions and insights company... 

Commodities of the future to boom over 20-year horizon

First concentrates produced at Plomosas

By: Esmarie Iannucci     16th April 2021 The first lead and zinc concentrates have been produced at the Plomosas zinc mine, in Mexico. ASX-listed Consolidated Zinc on Friday reported that construction of the tailings dam has been completed, with the project now operational, while process plant refurbishments was also completed within... 

World-first mineral export under financial transparency

16th April 2021 Global blockchain platform Minexx has exported minerals with full financial transparency from the Democratic Republic of Congo (DRC), by processing $250 000 of blockchain certified payments. This is a milestone for the company and the sector, as it secures the supply chain from the moment a... 

World-first mineral export under financial transparency
CHAIN OF EVENTS The effective implementation of transparent blockchain payments have secured the supplychain from the moment a mineral is mined to the point of being used in technology in the DRC

DRC exploration ongoing

16th April 2021 Global mining house Ivanhoe Mines co-chairpersons Robert Friedland and Yufeng “Miles” Sun announced in February that the company plans to commence an expansive 2021 exploration programme on its 100%-owned Western Foreland exploration licences. The exploration programme will include about 2 550... 

DRC exploration ongoing
EXPLORE MORE Ivanhoe Mines has begun its expansive 2021 exploration programme in the Democratic Republic of Congo

Gamsberg ramp-up exceeds expectations

By: Halima Frost     16th April 2021 Diversified miner Vedanta Zinc International (VZI) says its Gamsberg mine and processing plant have successfully ramped up to full production, with the plant currently exceeding its projected design capacity of four-million tonnes a year.   The ramp-up was scheduled after a shutdown period from... 

Gamsberg ramp-up  exceeds expectations
ROUND TWO The successful ramp up of the Gamsberg mine and its processing plant has been reported

New collectors released

By: Halima Frost     16th April 2021 South African chemical company Axis House has developed and released a new polymetallic range of collectors  – PolyQ – to be used in the floatation process to recover base metals from polymetallic ores. “The PolyQ range of collectors are not only safer than standard reagents (xanthates) but also... 

New collectors released
REMARKABLE RECOVERY The new polymetallic range of collectors offer greater recover y rates of base metals

Glencore to benefit from turnaround strategy, commodity upswing – investment banks

By: Donna Slater     14th April 2021 On the back of above-peer earnings growth, sector-leading free cash flow and elevated 2021/22 earnings before interest, taxes, depreciation and amortisation (Ebitda), multinational investment banking firm Goldman Sachs has upgraded diversified miner Glencore’s stocks to "buy", from the previously... 

Glencore to benefit from turnaround strategy, commodity upswing – investment banks

Exploration industry has tight deadline to comment on controversial draft regulations  

By: Martin Creamer     9th April 2021 South Africa’s exploration industry has until April 19 to comment on controversial regulations still in draft form. “They’ve never consulted industry about it and what they are requesting is impractical,” says Allan Saad, a consulting exploration geologist, who formerly represented the now... 

Exploration industry has tight deadline to comment on controversial draft regulations
Consulting exploration geologist Allan Saad interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

New Century flags lower costs

By: Esmarie Iannucci     9th April 2021 Zinc miner New Century Resources has flagged improved economics for its 2021 financial year as the annual zinc concentrate benchmark treatment charge (TC) reduced by 47% compared with the 2020 benchmark. The ASX-listed miner on Friday noted that the 2021 TC has been set at $159/t, compared with... 

Trevali signs solar power PPA for Rosh Pinah 

By: Creamer Media Reporter      7th April 2021 Canada-headquartered Trevali Mining on Wednesday announced a 15-year power purchase agreement with Emerging Markets Energy Services (Emesco) for the supply of solar power to the Rosh Pinah mine, in Namibia. The PPA will deliver 30% of the zinc/lead mine’s power requirements over 15 years. The... 

Trevali signs solar power PPA for Rosh Pinah
The Rosh Pinah mine, in Namibia

Plomosas plant readies for first concentrate

By: Esmarie Iannucci     7th April 2021 First concentrate production from the Plomosas zinc mine, in Mexico, is targeted for later this week. ASX-listed Consolidated Zinc on Wednesday told shareholders that mill commissioning at Plomosas has now started, and wet commissioning of the plant is expected over the next 48 hours. 

Value of iridium in electrolysis could top R90bn mark in years ahead – HySA 

By: Martin Creamer     7th April 2021 The value of iridium for proton exchange membrane (PEM) water electrolysis technology alone could exceed R90-billion in the next ten to 20 years. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence: Hydrogen... 

Value of iridium in electrolysis could top R90bn mark in years ahead – HySA
Value chain as outlined by Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of Competence.

Canadian underground mining likely to take hydrogen ventilation lead – HySA 

By: Martin Creamer     6th April 2021 Canadian and Australian mines are big on wanting hydrogen ventilation in underground mining operations, and Canada will likely lead in the use of hydrogen underground. This is the view of Professor Dmitri Bessarabov, the director of the Department of Science and Innovation's National Centre of... 

Canadian underground mining likely to take hydrogen ventilation lead – HySA
Hydrogen South Africa hydrogen ventilation research site in North West.

Boliden sees 300m SEK hit from Covid, production snags in Q1

By: Reuters     6th April 2021 Miner Boliden said on Tuesday it expects a negative impact from the pandemic and production disruptions of 300-million crowns in the first quarter. The Swedish firm had previously forecast a negative effect of 200-million crowns, due to increased sick leave caused by Covid-19 infections and... 

Boliden sees 300m SEK hit from Covid, production snags in Q1
The Aitik mine, in Sweden

Superior Lake settles project divestment

By: Esmarie Iannucci     6th April 2021 ASX-listed Superior Lake Resources has completed the divestment of its namesake zinc project, in Ontario, into TSX-V listed company Metallum Resources Inc, which was previously known as CROPS. Superior Lake last year flagged plans to vend its interest in the project to Metallum after failing to... 

First Nations declare moratorium on Ring of Fire mining

By: Creamer Media Reporter      6th April 2021 The Attawapiskat, Fort Albany and Neskantaga First Nations in the James Bay lowlands have declared a moratorium development in the Ring of Fire, stating that their territories and rights could be “seriously and permanently desecrated” by large scale mining. The First Nations argue that... 

First Nations declare moratorium on Ring of Fire mining

How South Africa can unlock its exploration potential ­– Adrian Reynolds   

By: Martin Creamer     1st April 2021 Of four factors required to attract investment in exploration, economic and fiscal stability is the most important, says highly experienced geological and mining consultant and nonexecutive company director Adrian Reynolds. Reynolds spoke to Mining Weekly in a Zoom interview about the factors... 

How South Africa can unlock its exploration potential ­– Adrian Reynolds
Geological and mining consultant Adrian Reynolds interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Biden infrastructure plan targets electric cars, clean power

By: Bloomberg     1st April 2021 President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the US economy while combating climate change. The president’s plans, part of a $2.25-trillion infrastructure and stimulus blueprint he is... 

Biden infrastructure plan targets electric cars, clean power
US President Joe Biden

Alta raises cash for Italian exploration

By: Esmarie Iannucci     24th March 2021 Junior Alta Zinc will raise A$3.75-million to fund exploration drilling at its Gorno zinc project, in Italy. The ASX-listed company has received binding commitments from professional and sophisticated investors to subscribe for some 750-million shares, at a price of 5c each, under the company’s... 

Master Drilling advancing mechanisation for two top-tier local clients  

By: Martin Creamer     23rd March 2021 Mine mechanisation is being advanced for two top-tier  local clients of Master Drilling, the CEO of the JSE-listed company, Danie Pretorius, said on Tuesday. Speaking to Mining Weekly in a Zoom interview after reporting 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to... 

Master Drilling advancing mechanisation for two top-tier local clients
Master Drilling CEO Danie Pretorius interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Remote-operation drilling footprint providing sizeable benefit – Master Drilling  

By: Martin Creamer     23rd March 2021 An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio to... 

Remote-operation drilling footprint providing sizeable benefit – Master Drilling
Master Drilling results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Master Drilling in muted but resilient 2020 performance 

By: Martin Creamer     23rd March 2021 Drilling services company Master Drilling, which operates in 23 countries and which is continuing to grow its presence in new global markets, on Tuesday reported a “muted but resilient performance” for the full year ended December 31, thanks to what it described as a “flexible business model and... 

Master Drilling in muted but resilient 2020 performance
Photo by Creamer Media
Master Drilling CEO Danie Pretorius.

Northern Cape ‘elephant country' needs exploration boost, says explorer  

By: Martin Creamer     17th March 2021 South Africa is still "elephant country" and needs to boost exploration in the Northern Cape's highly prospective Namaqua metamorphic geological province in particular, says PGM Management MD Gerhard Meintjes. Meintjes, a private explorer who spoke to Mining Weekly in a Zoom interview, focuses on... 

Northern Cape ‘elephant country' needs exploration boost, says explorer
PGM Management MD Gerhard Meintjes interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Boliden warns profit to be hit by Covid outbreaks among staff

By: Reuters     15th March 2021 Miner Boliden warned on Monday that increased sick leave due to Covid-19 infections and production disruptions in its Aitik mine in Sweden and the Tara mine in Ireland would hit profits in the first quarter. The negative effect is expected to be nearly 200-million crowns ($23.4-million) and will... 

Just clearing exploration backlog would be huge leap forward – Miller  

By: Martin Creamer     12th March 2021 Ahead of tackling policy issues, incremental ongoing effort must be prioritised to clear South Africa’s huge mineral exploration and mining rights backlog, says AmaranthCX director Paul Miller. The backlog currently stands at more than 5 000 unprocessed exploration applications and  235... 

Just clearing exploration backlog would be huge leap forward – Miller
AmaranthCX director Paul Miller talks exploration to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Canada targets 31 critical minerals for domestic production

By: Mariaan Webb     12th March 2021 Natural Resources Minister Seamus O’Regan has announced the release of a Canadian critical minerals list, signalling to investors where the country’s focus will be in the global race to shore up supply of minerals that will drive the transition towards a low-carbon future. The list, announced... 

Canada targets 31 critical minerals for domestic production
Canadian Natural Resources Minister Seamus O'Regan

Ontario seeks to capitalise on growing demand for critical minerals

By: Mariaan Webb     11th March 2021 The Ontario government is developing its first-ever critical minerals strategy to help generate investment, increase the province's competitiveness in the global market, and support its transition to a low-carbon economy. Announcing the initiative at the Prospectors and Developers Association’s... 

Ontario seeks to capitalise on growing demand for critical minerals

Venturex advances work at Sulphur Springs

By: Esmarie Iannucci     10th March 2021 Junior Venturex Resources is readying to start a number of work streams at its Sulphur Springs copper/zinc project, in Western Australia, in a bid to advance the project to a final investment decision. A 2018 definitive feasibility study estimated that the Sulphur Springs project would require a... 

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