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Zinc News

Ivanhoe on track to bring flagship Kakula mine into production in 2021

By: Donna Slater     11th August 2020 TSX-listed Ivanhoe Mines is progressing with mine development work on three of its Central and Southern African mining projects, with its flagship Kakula copper discovery in the Democratic Republic of Congo (DRC) on track to start producing in the third quarter of 2021. The miner reports that... 

Trevali accelerates T90 programme as its bolsters liquidity

By: Mariaan Webb     7th August 2020 Base metals miner Trevali has secured additional liquidity of up to $45-million from its long-term syndicate of lenders and its largest shareholder, Glencore. The Vancouver-headquartered company, which owns mines in Namibia, Burkina Faso, Peru and Canada, entered into a second amendment and... 

Trevali's Santander mine, in Peru
Trevali's Santander mine, in Peru

Coal will continue to be assessed but should remain in Glencore right now – Glasenberg 

By: Martin Creamer     6th August 2020 Coal will continue to be assessed but should remain in Glencore right now, Glencore CEO Ivan Glasenberg said on Thursday. For the six months to June 30, the London- and Johanneburg-listed diversified mining and marketing company report that its energy business was down 65% at $0.7-billion on... 

Ivan Glasenberg
Ivan Glasenberg

Glencore holds back on dividend, accelerates net debt reduction 

By: Martin Creamer     6th August 2020 Notwithstanding its cash-generative business and secure liquidity positions, the board of Glencore has concluded that it would be inappropriate to make a distribution to shareholders in 2020, Glencore CEO Ivan Glasenberg said on Thursday. Instead the London- and Johannesburg-listed diversified... 

Ivan Glasengerg
Ivan Glasengerg

Prieska granted water licence

By: Esmarie Iannucci     6th August 2020 A key water licence for the Prieska copper/zinc project, in South Africa, has been granted. Project developer Orion Minerals on Thursday said that the 20-year water use licence was granted by the National Department of Water and Sanitation, and includes permission for mine dewatering to proceed,... 

Peru copper and gold output nosedive in first half of 2020, ravaged by coronavirus -govt

By: Reuters     5th August 2020 Peru, a top global metals exporter, saw its output of copper, gold and zinc nosedive in the first half of 2020, ravaged by restrictions put in place to curb the coronavirus outbreak, the government said on Tuesday. The world's No. 2 copper producer said production of the red metal plunged 20.4%... 

Glencore’s strong first-half positions it for top-end marketing earnings 

By: Martin Creamer     31st July 2020 Diversified mining and marketing company Glencore has delivered an overall strong  first-half operating performance amid the unprecedented challenges presented by  Covid-19. “This reflects both the ability and dedication of our teams to adapt to these difficult conditions,” said Glencore CEO Ivan... 

Glencore’s strong first-half positions it for top-end marketing earnings

Essentials of Galvanizing webinar recording 

30th July 2020 Creamer Media’s Contract Publishing, in a joint venture with the International Zinc Association Africa Desk, recently hosted a webinar on the the role of zinc in corrosion protection as well as the launch of the Essentials of Galvanizing book - an essential guide for designers and engineers. 

Essentials of Galvanizing webinar recording
Essentials of Galvanizing webinar recording

Nexa Resources appoints ABB for automation systems

By: Donna Slater     28th July 2020 Electronics, automation and robotics company ABB is partnering with zinc, copper and lead miner Nexa Resources in a digital transformation programme to modernise existing mining and smelting process installations in Brazil and Peru. Aligned with Nexa’s directive automation and information master... 

Nexa Resources appoints ABB for automation systems

Fresnillo reports rise in profitability, despite Covid-19 impact

By: Donna Slater     28th July 2020 Higher gold and silver prices, along with higher volumes of zinc and lead sold, contributed in a 5.3% year-on-year increase in Mexico-based precious metal miner Fresnillo's revenue to $1.12-billion for the six months ended June 30. The miner has declared an interim dividend of $16.9-million,... 

Ivanhoe in talks over Platreef, Western Forelands projects

By: Creamer Media Reporter      27th July 2020 Canadian mining company Ivanhoe Mines says it has had and continues to have strategic discussions regarding its Western Forelands project, in the Democratic Republic of the Congo (DRC), and its Platreef project, in South Africa. The company points out that a number of mining companies have... 

Ivanhoe Mines co-chairperson Robert Friedland
Photo by Creamer Media
Ivanhoe Mines co-chairperson Robert Friedland

Baita Plai receives final equipment shipment

By: Donna Slater     24th July 2020 All shipments of equipment for Aim-listed gold and polymetals miner Vast Resources’ Baita Plai polymetallic mine, in Romania, have arrived on site. This sixth, and last shipment, contains slurry pumps for the project, and followed the shipment of underground loaders, pneumatic loaders, ceramic... 

Teck slashes guidance, Covid delays Chile expansion by up to 6 months

By: Marleny Arnoldi     23rd July 2020 Canadian diversified miner Teck Resources said on Thursday that all its mines across Canada, Peru, Chile and the US, were producing and that it was gradually ramping up construction activities at the previously-suspended Quebrada Blanca Phase 2 (QB2) expansion project. However, the company... 

Teck slashes guidance, Covid delays Chile expansion by up to 6 months

‘Historic dumps’ do not appear to be MPRDA regulated – law firm 

By: Martin Creamer     20th July 2020 South Africa’s ‘historic dumps’­ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under the MPRDA... 

Herbert Smith Freehills Patrick Leyden and Aobakwe Mametse.
Herbert Smith Freehills Patrick Leyden and Aobakwe Mametse.

Platinum boosts hydrogen electrolyser performance exponentially – Hydrox   

By: Martin Creamer     16th July 2020 Platinum provides an exponential improvement in the performance of electrolysers used to produce green hydrogen, says Hydrox Holdings CEO Corrie de Jager, who describes platinum’s uplift as being “amazing”. “We tried a smattering of only 9% platinum and it provided a tremendous improvement in the... 

Hydrox Holdings CEO Corrie de Jager
Hydrox CEO Corrie de Jager tells Mining Weekly’s Martin Creamer of the company’s hydrogen breakthrough. Video: Darlene Creamer.

Trevali restarts Santander

By: Creamer Media Reporter      15th July 2020 The Santander mine, in Peru, is reopening, with additional Covid-19 health controls in place. Vancouver-headquartered Trevali Mining on June 25 suspended mining and milling operations to provide Covid-19 screening for all workers, after 19 tested positive when conducting routine testing. The... 

Global mining sharing knowledge in response to Covid-19  

By: Martin Creamer     14th July 2020 The International Council on Mining & Metals (ICMM) has been convening many knowledge-sharing sessions in response to the coronavirus. Among ICMM’s 27 mining and metals company members and 36 association members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti,... 

International Council on Mining and Metals CEO Tom Butler
International Council on Mining and Metals CEO Tom Butler talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Positive reaction to ANC document’s encouragement of exploration  

By: Martin Creamer     14th July 2020 Reaction has been positive to the discussion document of economic transformation committee (ETC) of the African National Congress (ANC), which states that the listing of mining companies on the Johannesburg Stock Exchange (JSE) should be encouraged and mining exploration incentivised, as is the... 

Paul Miller...flashback to his period in coal exploration and development.
Photo by Creamer Media
Paul Miller...flashback to his period in coal exploration and development.

Covid opens up opportunity for more constructive, purposeful dialogue – Minsur  

By: Martin Creamer     13th July 2020 The Covid-19 pandemic has allowed the mining industry to highlight and strengthen its role as a catalyst of social development in the areas in which it operates, Minsur  CEO Juan Luis Krueger said on Monday. Krueger was speaking during an  International Council on Mining and Metals (ICMM) online... 

Juan Luis Krueger
International Council on Mining and Metals virtual Covid event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nevada Zinc inks collaboration agreement with partner in US agriculture industry

By: Simone Liedtke     13th July 2020 TSX-V-listed Nevada Zinc has entered into a collaboration agreement with US granular micronutrients producer and distributor Cameron Chemicals. Granular micronutrients are used for the agricultural, turf, and horticultural industries with manufacturing facilities in the states of Virginia,... 

Investors in mining exploration should be incentivised – ANC’s ETC 

By: Martin Creamer     13th July 2020 Listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised as is the case in other mining jurisdictions, the economic transformation committee (ETC) of the African National... 

ANC document says mining exploration should be incentivised.
Photo by Creamer Media
ANC document says mining exploration should be incentivised.

Return of foreign mineworkers taking double planned time   

By: Martin Creamer     13th July 2020 The return of the 12 500 foreign mineworkers to South Africa’s mines is taking double the time planned. The initial ten-day plan of Minerals Council South Africa has become a 20-day plan because of the need to overcome bottlenecks. 

Minerals Council South Africa Senior Executive: Environment, Health and Legacies Nikisi Lesufi
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

New copper record for Red River

By: Esmarie Iannucci     10th July 2020 Base metals miner Red River Resources has reported record copper production for the three months to June at its Thalanga operation, in Queensland, while zinc and lead production remained consistent with the previous quarter. Copper concentrate production in the fourth quarter reached 2 697 t,... 

CAML reduces Kounrad staff numbers as 27 test positive

By: Mariaan Webb     9th July 2020 UK-headquartered miner Central Asia Metals Limited (CAML) has maintained its full-year guidance from its operations in Kazakhstan and North Macedonia, despite increasing measures to reduce the spread of Covid-19 at its Kounrad operation. As the Aim-listed company enters the third quarter,... 

The Kounrad site, in Kazakhstan.
The Kounrad site, in Kazakhstan.

Group Eleven intersects its ‘best-ever mineralisation’

By: Donna Slater     6th July 2020 Vancouver-headquartered zinc explorer Group Eleven’s share price surged nearly 40% on Monday, as the company announced its best-ever mineralisation at the PG West project in Ireland. The company intersected 10.3 m of 14.6% zinc, 5% lead (19.6% combined) and 43 g/t silver during its drilling... 

Minerals Council regrets delay of 2018 Mining Charter review 

By: Martin Creamer     6th July 2020 Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... 

Minerals Council South Africa.
Photo by Creamer Media
Minerals Council South Africa.

Commercial production declared at Century zinc mine

By: Esmarie Iannucci     6th July 2020 Zinc miner New Century Resources has declared commercial production at its Century zinc mine, in Queensland. “Despite the Covid-19 pandemic, operations at Century continue to ramp up and have again delivered record production in the June quarter. Century has now achieved seven consecutive... 

Mitsui Mining resumes operation of Peru's zinc mines

By: Reuters     6th July 2020 Japan's Mitsui Mining and Smelting said on Monday its two zinc mines in Peru resumed operations on July 2 after a closure of more than three months to limit the spread of the novel coronavirus. The company's Huanzala and Palka mines had been suspended since March 16 after the local government... 

More than 80 at Trevali mine positive for Covid

By: Mariaan Webb     6th July 2020 TSX-listed Trevali Mining now has more than 80 confirmed cases of Covid-19 at its Santander operation, which is nearly 30% of the total workforce of the mine in Peru. The company suspended operations at Santander in late June, after 19 workers tested positive for the virus during routine... 

The Santander mine, in Peru.
The Santander mine, in Peru.

Reopening of economies boosting metals prices 

By: Marleny Arnoldi     3rd July 2020 Since lockdown measures have started to ease around the world to contain Covid-19, ratings and research agency Standard & Poor’s Global (S&P Global) says the reopening of economies, combined with monetary stimulus by banks and governments, has allowed industrial metal prices to rise. However,... 

Reopening of economies boosting metals prices

Get going with galvanizing: new book for engineers from IZA

By: Shannon de Ryhove     3rd July 2020 The International Zinc Association (IZA) will launch its new publication, The Essentials of Galvanizing, during a webinar hosted by Creamer Media Contract Publishing on July 15, 2020. The publication offers the civil engineering and construction industry valuable insights into the importance of... 

Get going with galvanizing: new book for engineers from IZA

Covid kills 13 mineworkers, no foreigners back at work  

By: Martin Creamer     2nd July 2020 Thirteen mineworkers have now succumbed to the coronavirus, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Of the 13 who have died, seven were employed in platinum mining in North West province, which has the most cases at 1 413... 

The new normal at South Africa's mines.
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

ELB’s delisting-linked offers send up share price

By: Martin Creamer     1st July 2020 The board of directors of ELB on Wednesday made delisting-linked offer to its shareholders, which saw its share price rise. By late afternoon, the JSE-listed company’s price had risen by 54.17% to R1.85 a share. The capital equipment and engineering solutions group proposed a transaction to... 

Gamsberg zinc mine project in the Northern Cape, where ELB Engineering Services was active.
Photo by Creamer Media
Gamsberg zinc mine project in the Northern Cape, where ELB Engineering Services was active.

Zinc prices increase likely as global demand shock wanes, says Fitch Solutions

By: Donna Slater     29th June 2020 Zinc prices are likely to edge higher in the next three to six months, as the negative shock to global demand from the Covid-19 outbreak lessens, says financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research. Support for prices, it notes, will... 

Increased continued loan support for Orion confirmed 

By: Martin Creamer     29th June 2020 Private equity group Tembo Capital Mining Fund II LP on Monday confirmed its increased continued support of Orion Minerals through a loan facility boost. The Sydney- and Johannesburg-listed Orion is developing the Prieska copper-and-zinc project in the Northern Cape. 

Orion is developing the Prieska copper-and-zinc project in the Northern Cape.
Orion is developing the Prieska copper-and-zinc project in the Northern Cape.

Alta raises cash for Italian drilling

By: Esmarie Iannucci     25th June 2020 ASX-listed Alta Zinc has secured A$3.6-million to fund exploration work at its Gorno zinc project in Italy. The junior has received firm commitments from professional and institutional investors for the placement of 890.5-million shares, priced at 40c each, and more than 296.5-million listed... 

LME to examine floor reopening after easing of UK lockdown

By: Reuters     24th June 2020 The London Metal Exchange (LME) will examine whether the easing of social-distancing restrictions in England from July 4 will apply to its open-outcry floor, which has been closed for three months. The 143-year-old exchange temporarily closed the floor - the last open-outcry floor in Europe - on... 

Deep sea mining could destroy undiscovered species, says Ocean Panel 

By: Reuters     24th June 2020 Mining on the sea floor should not begin before a full assessment of likely environmental impacts can be made, a report commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel) said on Wednesday. Environmentalists including Britain's David Attenborough have called for a... 

Deep sea mining could destroy undiscovered species, says Ocean Panel
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