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Zinc News
Critical mineral demand of order of magnitude never seen – Sheila Khama 
By: Martin Creamer 19th May 2022 "My genuine sense is that we are going to see a growth in the mining sector of an order of magnitude we haven't seen. I also think that we're going to find that the need for minerals is going to force the world to think that if we can't get minerals on our shore, where else do we get them from? →
Manganese mine rail-loading boost being assessed by South32
By: Martin Creamer 19th May 2022 Diversified mining company South32 is assessing the potential expansion and modernisation of rail loading infrastructure at its Wessels manganese mine in South Africa’s Northern Cape, says South32 CEO Graham Kerr. Kerr, who presented at the Bank of America Global Metals, Mining & Steel Conference... →
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... →
Burkina Faso rescuers find no survivors in flooded mine's rescue chamber
By: Reuters 17th May 2022 Rescue workers have found no survivors in a rescue chamber deep inside a flooded zinc mine in Burkina Faso, the government and the mine owner said on Tuesday, all but extinguishing hope that eight missing miners could still be alive after a month. The Perkoa mine, owned by Canadian firm Trevali... →
S2 notes improved fair value sums of Orion shares
By: Marleny Arnoldi 16th May 2022 Market intelligence firm S2 Research has noted the peak funding requirement reduction from R2.4-billion to R2.25-billion for JSE-listed Orion Minerals’ Prieska copper/zinc project, in the Northern Cape. This reduces the funding risk of the project, while the net present value of project cash... →
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,... →
Consolidated Zinc formalises lithium buy
By: Esmarie Iannucci 16th May 2022 ASX-listed Consolidated Zinc has formalised an agreement to acquire Westoz Lithium, which holds exploration tenements prospective for lithium, rare earth elements and base metals, in Western Australia. The company told shareholders on Monday that the acquisition of Westoz was an exciting... →
Trevali says caught unawares by downpour that flooded Burkina mine
By: Reuters 16th May 2022 Executives at Canada-based Trevali Mining said the company was caught unawares by a torrential downpour during the dry season last month in Burkina Faso that left eight men trapped underground in its Perkoa zinc mine. Rescue efforts are continuing since the flood on April 16, but there has been... →
Teck homes in on zinc growth options in the Americas and Australia
By: Mariaan Webb 13th May 2022 Diversified miner Teck Resources is taking a closer look at its zinc development assets in the Americas and Australia, including five substantial resources. The company will leverage the technical and commercial expertise of its ‘Project Satellite’ team, which has successfully advanced and grown... →
Nyrstar secures bi-partisan approach for zinc investment ahead of election
By: Esmarie Iannucci 13th May 2022 Zinc major Nyrstar on Friday announced it had secured bi-partisan support for its investment in the construction of a new electrolysis plant at the company’s ‘Zinc Works’ operations in Hobart, ensuring a long- term future for metals refining in Australia. Nyrstar earlier this month announced... →
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%... →
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... →
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... →
President Cyril Ramaphosa at the Investing in African Mining Indaba.
Altamin rejects shareholder's offer
By: Esmarie Iannucci 10th May 2022 Base metals developer Altamin is urging shareholders to reject a takeover offer from shareholder VBS Exchange. VBS earlier this month made an off-market takeover bid for Altamin, offering shareholders 9.5c in cash for all the shares it did not already own. VBS currently has a 19.73% interest in... →
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... →
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,”... →
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.
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... →
World Coal Association chairperson July Ndlovu
Moody’s foresees elevated commodity prices, constraints persisting throughout this year
By: Donna Slater 4th May 2022 Moody’s Investors Service says the persistence of weaker mining production and volume constraints will exacerbate tight markets and further elevate prices of many metals after a number of large rated global diversified mining companies posted first-quarter production results showing weaker... →
Glencore's human rights record worst in green metals, group says
By: Bloomberg 4th May 2022 Glencore has the worst human rights record among miners of metals used in renewable energy, the Business & Human Rights Resource Centre said in a report. The alleged abuses attributed to all companies range from attacks on activists to violations of environmental laws to forced relocations.... →
Glencore keeps apace of McArthur River obligations
By: Esmarie Iannucci 3rd May 2022 Diversified miner Glencore on Tuesday reported that an Independent Monitor report at its McArthur River zinc mine, in the Northern Territory, has found that the mine continued to avoid or minimise potential environmental risks through proactive management and monitoring across a wide range of... →
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... →
Burkina Faso investigates mine flood as search for eight workers drags on
By: Reuters 3rd May 2022 Burkina Faso's government has launched a judicial investigation into a flood at a zinc mine that left eight workers trapped, with rescue efforts entering a third week, it said. Canada-based Trevali Mining Corp suspended operations at its Perkoa mine on April 16, when heavy rainfall caused flash... →
Nevada Zinc appoints new CEO
By: Creamer Media Reporter 29th April 2022 TSX-V-listed exploration and development company Nevada Zinc has appointed director Igor Danyliuk as president and CEO with effect from June 1, replacing Max Vichniakov, who has also stepped down as a member of the board of directors. Danyliuk brings more than 30 years of capital markets... →
Nyrstar announces major investment in Hobart
By: Esmarie Iannucci 29th April 2022 Zinc major Nyrstar on Friday reported that it would invest in the construction of a new electrolysis plant at the company’s ‘Zinc Works’ operations in Hobart, ensuring a long-term future for metals refining in Australia. The project is estimated to require an investment of approximately... →
Glencore guides higher full-year ferrochrome output with coal marking time
By: Martin Creamer 28th April 2022 Diversified mining and marketing company Glencore is guiding 3% higher ferrochrome performance for the whole of this year, with no change to its coal production guidance. Full-year guidance for nickel is also up by the same three percentage points but full-year 2022 zinc guidance has been reduced... →
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... →
Trevali increases pumping capacity as it searches for missing Perkoa workers
By: Mariaan Webb 26th April 2022 Canada-based Trevali Mining said on Monday that it was continuing dewatering efforts at Perkoa in its search for eight workers that went missing when the mine flooded on April 16. The company has a three-stage dewatering plan, of which the first two stages – the repurposing of existing piping to... →
South32 sticks to its production outlook
By: Esmarie Iannucci 26th April 2022 Diversified miner South32 has maintained its production guidance for 2022 following a strong March quarter, while operating cost expectations for its Australian and South African operations have increased, on the back of stronger producer currencies, higher raw material costs and an increase in... →
Supplier develops safer reagents for lead/zinc, gold
By: Cameron Mackay 22nd April 2022 The specialised collectors, frothers, depressants and other similar reagent products that chemical reagent manufacturer and supplier Axis House has been developing to treat specific types of ore have been developed with high efficiency, safety and reducing environmental impact in mind. “We can... →
Trevali continues search for eight miners at flood-hit Perkoa
By: Mariaan Webb 21st April 2022 Vancouver-headquartered Trevali has suspended its production and cost guidance for its flood-hit Perkoa mine, in Burkina Faso, as search and rescue efforts to locate eight missing miners continue. CEO Ricus Grimbeek, who travelled to the mine site with other senior company officials, said on... →
Chaarat Gold looking forward to ‘very green’ production out of Kyrgyz Republic
By: Martin Creamer 21st April 2022 London Aim-quoted gold mining company Chaarat Gold is looking forward to “very green and sustainable gold production” coming out of the Kyrgyz Republic, where it is developing two gold projects. The of these first is Tulkubash, a near-term opencast heap leach project, and the second a far larger,... →
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... →
Workers missing after flooding at Trevali’s Perkoa
By: Mariaan Webb 19th April 2022 Toronto-listed Trevali Mining has halted mining at its Perkoa mine, after heavy rain led to flooding on Saturday, leaving eight workers missing underground. The company on Saturday reported that the mine, in Burkina Faso, had been evacuated and that rescue operations were under way. →
Thugs storm Plomosas mine in Mexico
By: Esmarie Iannucci 19th April 2022 Base metal miner Consolidated Zinc has reported a security incident at its Plomosas zinc mine, in Mexico. The company on Tuesday reported that a group of armed intruders entered the Plomosas mine on Good Friday, taking the security guard and employees at Plomosas captive, and locking them in a... →
Burkina Faso mines chamber promises extra security
By: Reuters 19th April 2022 The president of Burkina Faso's mines chamber said on Monday extra measures would be taken to increase security and help to avoid further suspensions after Russia's Nordgold shut down a gold mine in the insurgent-hit country earlier this month. Nordgold called force majeure on its Taparko mine on... →
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... →
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... →
Gatos Silver produces record quarterly production from CLG mine
By: Marleny Arnoldi 8th April 2022 NYSE- and TSX-listed Gatos Silver has produced a record 2.39-million silver ounces from its 70%-owned Cerro Los Gatos (GLC) mine, in Mexico, in the first quarter of the year. This marks a 58% increase compared with the first quarter of last year, which was impacted by a temporary shutdown for two... →
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