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Zinc News

R4-trillion needed for South Africa’s hydrogen economy, PIC declares 

By: Martin Creamer     Updated 4 hours ago South Africa’s State-owned Public Investment Corporation (PIC) stated on Monday that more than R4.3-trillion is required for the development of the hydrogen economy, which it declared positive for people, planet, and client portfolios. The hydrogen investment strategy of the PIC, which has... 

South Africa’s mining market is dynamic and fast-moving, Siemens Large Drives finds  

By: Martin Creamer     25th November 2022 South Africa is a super dynamic and super fast-moving market, says Siemens Large Drives global solutions head Oliver Beck, who has just completed a week of discussions with customers to highlight sustainability solutions for mining. From his perspective, South African mining economy is at the... 

Siemens Large Drives global solutions head Oliver Beck.
Siemens Large Drives' Oliver Beck, Tim Walwyn talk to Mining Weekly's Martin Creamer. Video: Nicholas Boyd, Shadwyn Dickinson. Video Editing: Darlene Creamer. Pictures: Donna Slater.

Denarius granted option to buy 80% of Spanish zinc/lead project

By: Creamer Media Reporter      23rd November 2022 Canada-based Denarius Metals has been granted a definitive option agreement to acquire, in two stages, up to 80% in Aim-listed Europa Metals’ Spanish subsidiary, which owns the Toral zinc/lead/silver project. Denarius executive chairperson and CEO Serafino Iacono says the company is pleased to... 

South Africa’s crime crisis ruling out economic growth, sustainability discussion hears 

By: Martin Creamer     23rd November 2022 South Africa’s economic paradox is that it cannot grow economically if it has a burgeoning crime crisis but it is unable to solve the burgeoning crime crisis if it is not growing. That was the opening comment of outgoing Mineral Council South Africa CEO Roger Baxter, who anchored the second of... 

Roger Baxter.
Roger Baxter.

Platinum moving into meaningful deficit amid emergent source of new end-demand 

By: Martin Creamer     22nd November 2022 Platinum is moving into meaningful deficit amid an emergent source of new end-demand in the form of green hydrogen. The 2022 surplus of 804 000 oz is projected to move into a deficit of 303 000 oz in 2023, according to the Platinum Quarterly of the World Platinum Investment Council (WPIC) for the... 

World Platinum Investment Council director of research Edward Sterck.
World Platinum Investment Council Director of Research Edward Sterck interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Top green hydrogen/fuel cell collaboration boost for platinum-group metals 

By: Martin Creamer     16th November 2022 A joint development agreement struck between global majors Nel Hydrogen US and General Motors is expected to speed up the development of green hydrogen technology that is competitive with fossil fuels.  The aim of agreement is to help accelerate the industrialisation of Nel’s proton exchange... 

Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.
Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.

Indonesia proposes to Canada setting up OPEC-like group for nickel

By: Reuters     16th November 2022 Indonesia has proposed in talks with Canada establishing an Opec-like organisation for nickel producing countries, the Southeast Asian nation's investment ministry said in a statement on Wednesday. Indonesia and Canada are the first and sixth biggest nickel producers in the world, respectively.... 

Swedish miner Boliden ups emissions goal

By: Reuters     15th November 2022 Swedish mining and smelting group Boliden on Tuesday raised its goal to cut emissions of climate-warming gases this decade in its drive towards fossil-fuel free metals production. Mining, together with industries like heavy road transportation and aviation, is a so-called hard to abate sector... 

Copper near 5-month high on hopes Fed could slow rate-hike pace

By: Reuters     11th November 2022 Copper prices climbed on Friday to their highest in nearly five months, as US inflation data bolstered hopes for a slower pace of interest rate hikes in the world's largest economy that would support industrial metals demand. The softer-than-expected data also sent the dollar sharply lower... 

Indian mining body seeks higher import tax on aluminium, zinc, copper products

By: Reuters     11th November 2022 India's top mining industry body has sought higher import taxes on a slew of metals such as zinc, copper and aluminium to help halt the tide of cheaper imports, especially from China, according to a note sent to the government and seen by Reuters. The government should raise import taxes to 10%... 

Investment needed for outgoing coal, incoming renewables, impacted communities, Mapungubwe highlights 

By: Martin Creamer     8th November 2022 With South Africa having committed to transition away from coal, investments will not only be required for the retiring of coal plants and the ramping up of renewable energy, but also for coal communities, who will require alternative economic development plans to sustain the livelihoods of all... 

President Cyril Ramaphosa arriving in Egypt for COP27.
President Cyril Ramaphosa arriving in Egypt for COP27.

Chicago is coming for London’s metal trading after LME stumbles

By: Bloomberg     8th November 2022 As the London Metal Exchange (LME) wades through the fallout of this year’s nickel crisis, its American rival is gaining ground. Chicago-based CME Group Inc. has successful copper and precious-metals contracts but has never managed to challenge the LME’s dominance in other industrial metals. This... 

All-season road to Prairie Creek receives final permits

By: Creamer Media Reporter      2nd November 2022 Dual-listed NorZinc has received final approvals for all management plans from Parks Canada, as regulator of Nahanni National Park Reserve, pertaining to the permit and licence to construct the Pioneer Winter Road (PWR), which represents Phase 1 of the all-season access road at the Prairie Creek... 

Green hydrogen truck trials going well – Anglo 

By: Martin Creamer     1st November 2022 The 500 t world-first haulage truck powered by green hydrogen last week underwent fully loaded trialling that included tipping into the crusher at Anglo American Platinum's Mogalakwena platinum group metals mine in Limpopo. “The trials all went well,” Anglo American group technical director Tony... 

Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.
Photo by Creamer Media
Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.

Saudi Arabia courts Australian miners for $170bn plan

By: Bloomberg     1st November 2022 Saudi Arabia is seeking investment from Australian miners to support its $170-billion plan to build a mining industry and diversify its oil-dependent economy this decade. The kingdom says it’s sitting on top of $1.3-trillion worth of untapped mineral deposits including copper, zinc, phosphates... 

Saudi Arabia to auction five new mining exploration licences in 2023

By: Reuters     31st October 2022 Saudi Arabia is planning to auction five new mining exploration licences with copper, zinc, lead and iron deposits for local and international investors in 2023, the mining minister said on Sunday, as it diversifies the economy away from hydrocarbons. The ministry will launch the bidding process... 

Glencore responds to climate suggestions, provides production update 

By: Martin Creamer     28th October 2022 Diversified mining and marketing company Glencore, in response to recommendations received, will take four steps to advance its  climate reporting amid the world facing a rapidly closing window to meet the Paris Agreement’s climate goals. The London- and Johannesburg-listed Glencore... 

Glencore CEO Gary Nagle.
Glencore CEO Gary Nagle.

Orion Minerals, green hydrogen and fuel cells make headlines  

By: Creamer Media Reporter      28th October 2022 This week, Mining Weekly Editor Martin Creamer discusses the funding milestone achieved by mine development company Orion Minerals; the Department of Science and Innovation's suggestion that South Africa should make green hydrogen part of its Economic Reconstruction and Recovery Plan; and US... 

Photo of Martin Creamer
Orion Minerals, green hydrogen and fuel cells make headlines

New start-up intent on improving pit-to-port turnaround times  

By: Martin Creamer     27th October 2022 Three women who have been in logistics collectively for more than 30 years have formed a company intent on helping to smooth out rail and port logistics in the Southern African region. The three are Nosipho Damasane, Nyameka Madikizela and Ncumisa Dube, who have formed Indlela Connections. (Also... 

Indlela Connections chairperson Nosipho Damasane.
Indlela chairperson Nosipho Damasane and CEO Nyameka Madikizela talk to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Brownfields, byproducts and tailings are South Africa’s biggest growth opportunity

By: Nadine James     27th October 2022 Mining stakeholders ought to do more to capitalise on existing resources, such as available geological and mining data, Orion Minerals CEO Errol Smart noted at the 2022 Council for Geoscience Summit, on Wednesday. He explained that he felt that brownfield exploration, based historical data... 

Orion Minerals CEO Errol Smart
Orion Minerals CEO Errol Smart

South32 remains committed to base metals

By: Esmarie Iannucci     27th October 2022 Despite the softening in base metal prices, diversified miner South32 has maintained its outlook for these commodities over the longer term. Speaking on a call following the company’s annual general meeting (AGM), CEO Graham Kerr said in the medium- to longer-term, commodities such as copper,... 

Make green hydrogen part of official economic recovery plan, Dept of Science and Innovation urges  

By: Martin Creamer     26th October 2022 South Africa should leverage the hydrogen opportunity as part of its official economic reconstruction and economic recovery plan. Dr Cosmas Chiteme, the director of hydrogen and energy at Department of Science and Innovation, highlighted this as the top key message on the way forward at the... 

Dr Cosmas Chiteme, Director of Hydrogen and Energy, Department of Science and Innovation.
Mistra platinum group metals event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Orion has achieved vital funding milestone – S2 Research 

By: Martin Creamer     26th October 2022 Mine development company Orion Minerals has achieved a vital funding milestone in very difficult market circumstances., S2 Research’s Simon Hudson-Peacock states in an analysis of the convertible loan of the Industrial Development Corporation (IDC) and a valuation update. Orion’s Prieska... 

S2 Research’s Simon Hudson-Peacock.
S2 Research’s Simon Hudson-Peacock.

Now nickel, zinc and molybdenum can obtain ‘mark’ to signal responsible production

By: Creamer Media Reporter      25th October 2022 The Copper Mark has launched a pilot programme to extend its assurance framework for responsible production to molybdenum, nickel and zinc, with producers of these metals soon able to achieve their respective ‘mark’. The pilot is the result of a deepening collaboration between the Copper Mark,... 

Gov backs Nyrstar's modernisation plans

By: Esmarie Iannucci     24th October 2022 The federal government will provide A$50-million to critical minerals producer Nyrstar Australia to modernise its Hobart zinc smelter, as part of this week’s budget. Minister for Industry and Science Ed Husic said the Nyrstar Hobart zinc smelter is an important contributor to the Tasmanian... 

South32 posts a mixed quarter

By: Esmarie Iannucci     24th October 2022 Diversified miner South32 has reported a mixed quarter for the three months to September, with aluminium and copper output rising, while all others fell. The miner on Monday reported that aluminium production for the first quarter of the 2023 financial year had increased by 9%, quarter on... 

Orion’s Prieska copper/zinc mine set to streak ahead on IDC’s R250m early works funding 

By: Martin Creamer     21st October 2022 Sydney- and Johannesburg-listed Orion Minerals has agreed funding terms with South Africa’s State-owned Industrial Development Corporation (IDC) involving the advance R250-million (A$22 million) as a senior secured, convertible debt facility to fund early works at Orion’s project at its flagship... 

Orion MD Errol Smart.
Orion MD Errol Smart.

Altamin confirms funding deal for Gorno

By: Esmarie Iannucci     19th October 2022 Base metals developer Altamin has inked a binding subscription and joint venture (JV) agreement with Appian Italy, replacing an earlier term sheet with Appian Natural Resources Fund II to JV on the Gorno zinc project, in Italy. Under the original term sheet, signed in July, Appian would have... 

Sasol/Saldanha sign MoU for green hydrogen hub in Western Cape

By: Martin Creamer     18th October 2022 Integrated energy and chemicals company Sasol, already a seasoned grey hydrogen producer, and Freeport Saldanha Industrial Development Zone on Tuesday announced the signing of a memorandum of understanding  (MOU) to facilitate a green hydrogen hub in the Western Cape. In terms of the MOU, the... 

Freeport Saldanha CEO Kaashifah Beukes.
Freeport Saldanha CEO Kaashifah Beukes.

Enabling exploration is urgently needed to put South African mining back in ‘sunrise’ mode  

By: Martin Creamer     17th October 2022 High on the list of the steps that must be taken to stop South African mining from fading further into sunset mode is free access to geological information from State institutions such as the Council for Geoscience. Next is the provision of a modern, functional, and transparent mineral cadastre... 

Botswana Diamonds CEO James Campbell.
Botswana Diamonds CEO James Campbell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Consolidated Zinc signs year-long offtake deal

By: Esmarie Iannucci     17th October 2022 Base metals miner Consolidated Zinc on Monday announced that Industrias Penoles had exercised its option to purchase all of the zinc concentrate produced at the Plomosas operation, in Mexico, between January and December next year. As part of the zinc concentrate offtake agreement, Penoles has... 

Zinc producer Nexa expects high prices as Europe smelters shut

By: Reuters     14th October 2022 South American zinc and copper producer Nexa Resources expects tight supplies of zinc metals globally due to smelter closures in Europe as energy prices skyrocket, a situation that is boosting overall price premiums. Nexa's CEO Ignacio Rosado told Reuters on Thursday, ahead of a meeting with... 

Shell consortium accelerating electrification of mine haul trucks  

By: Martin Creamer     12th October 2022 Transitioning oil, gas, fuels and lubricants company Shell has established a nine-member consortium to create electrification solutions for mining sites. The electrification offers a shift away from reliance on diesel. (Also watch attached Creamer Media video.) 

Shell VP Sectoral Decarbonisation & Innovation Grischa Sauerberg.
Shell decarbonisation webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Orion trials water treatment tech at Prieska to produce agri-nutrients for communities

By: Tasneem Bulbulia     12th October 2022 ASX- and JSE-listed Orion Minerals has started a series of field trials for the treatment of minewater at the Prieska copper/zinc mine in South Africa’s Northern Cape province, using a proprietary electrolytic technology to produce saleable products. The process has the potential to extract... 

An image of Orion Minerals CEO and MD Errol Smart
Errol Smart

Aurelia looking at funding after Federation study

By: Esmarie Iannucci     10th October 2022 ASX-listed Aurelia Metals on Monday said it was considering a ‘range of funding options’ for its Federation project, in New South Wales, following a positive feasibility study (FS). The study was based on the development of an underground mining operation at the Federal deposit, with the ore to... 

Trevali’s Burkina Faso subsidiary files application for liquidation

By: Tasneem Bulbulia     7th October 2022 Canadian-headquartered Trevali Mining’s 90%-owned subsidiary Nantou Mining Burkina Faso has filed an application for liquidation with the Judicial Tribunal of Commerce in Burkina Faso. Under applicable Burkinabe law, a liquidator is expected to be appointed by the Judicial Tribunal in the coming... 

Development is only conversation South Africa should be having, Cutifani tells Joburg Indaba  

By: Martin Creamer     6th October 2022 Development is the only conversation that South Africa should be having, former Anglo American CEO, director and consulting business executive Mark Cutifani said amid strong applause at the Joburg Indaba on Thursday – and mining should be recognised as an industry that can serve as a very... 

Former Anglo America CEO, director and consulting business executive Mark Cutifani.
Mark Cutifani’s address to the Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South Africa’s geological prospectivity fantastic, says Minerals Council CEO  

By: Martin Creamer     5th October 2022 South Africa’s geological prospectivity is fantastic, Minerals Council South Africa CEO Roger Baxter told the Joburg Indaba on Wednesday. This is so even though only 15% of South Africa's surface area has been mapped at a high-resolution 50 000-to-1 geophysical level, and even though this... 

Minerals Council South Africa CEO Roger Baxter.
Minerals Council South Africa CEO Roger Baxter at Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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