https://www.miningweekly.com
R/€ = 19.35 Change: 0.13
R/$ = 17.38 Change: 0.16
Au 1739.28 $/oz Change: 18.19
Pt 847.70 $/oz Change: 15.76
 

Zinc News

Consolidated signs zinc offtake

By: Esmarie Iannucci     13th November 2019 ASX-listed Consolidated Zinc has struck an offtake agreement over all of the zinc concentrate produced at its Plomosas mine, in Mexico, until December 2020, with the option to extend for a further two years. Consolidated Zinc Wednesday reported that its subsidiary Minera Latin American Zinc had... 

ICBC Standard Bank plans to shut base metals, equities units

By: Bloomberg     8th November 2019 ICBC Standard Bank, a venture between the biggest lenders in China and Africa, will close its base metals and equities businesses because of poor performance and difficult market conditions. The changes will affect 150 jobs and will take place in the first half of 2020, according to a statement... 

Nyrstar board grilled on Trafigura ties in 10-hour marathon meeting

By: Bloomberg     6th November 2019 Trafigura Group and Nyrstar directors met the fury of a small group of shareholders at a marathon meeting on Tuesday, in which investors accused the commodities trader of unfair dealings that led to the downfall of Europe’s biggest zinc smelter. In a meeting that dragged on for 10 hours, the... 

Trevali eyes $80m Namibia expansion, moves operations down cost curve

By: Mariaan Webb     6th November 2019 Base metals miner Trevali, which owns operations in Peru, Canada, Namibia and Burkina Faso, has launched a “transformative improvement programme”, dubbed T90, which aims to move its operations down the cost curve. Trevali is targeting $50-million in pre-tax yearly sustainable efficiencies over... 

Europa Metals formalises stakeholder engagement

By: Creamer Media Reporter      1st November 2019 Europe-focused lead, zinc and silver developer Europa Metals has completed the first round of engagement meetings with representatives of local mayors in the region of Castilla y León, north-west Spain, where the Toral project is located. The stakeholder consultation initiative, stipulated by... 

Digital platform improves zinc miner’s operations

By: Darren Parker     1st November 2019 Global engineering group Sandvik Mining and Rock Technology is commissioning a comprehensive data analytics and information management system called OptiMine for base metals miner Vedanta Zinc International’s Black Mountain Mining (BMM) operation, in the Northern Cape. The OptiMine platform will... 

Digital platform improves zinc miner’s operations
MOUNTAINS OF DATA The Black Mountain Mining operation will now be able integrate relevant operational and maintenance data into one source

Hindustan Zinc lines up $2bn investment to ramp up production

By: Ajoy K Das     31st October 2019 India’s largest zinc miner, Hindustan Zinc Limited (HZL), part of Vedanta Group, has lined up an estimated $2-billion for capital investments over the next five years to ramp up metal production to 1.5-million tons a year, up from 800 000 t/y currently. “We have already started working on... 

Namibia Critical Metals unaware of reason for stock jump

By: Mariaan Webb     30th October 2019 TSX-V-listed Namibia Critical Metals has said that it is unaware of any material change in the company’s operations that could account for the 80% jump in its share price on Tuesday. The Halifax-headquartered junior holds a portfolio of exploration and advanced-stage projects in Namibia,... 

Europa announces indicated resource for Toral

By: Creamer Media Reporter      29th October 2019 Europe-focused lead, zinc and silver developer Europa Metals on Tuesday announced an indicated resource of about 2.7-million tonnes at 8.9% zinc-equivalent for its Toral project, as well as a 12% increase in the total resource to about 18-million tonnes. The London- and Johannesburg-listed... 

Metals sector in costly battle to turn green

By: Reuters     25th October 2019 Metals producers, from miners to smelters, are grappling with increasingly tough and costly environmental demands imposed by banks seeking cleaner investments. While the transition may prove overwhelming for smaller producers, larger companies are playing a long game, casting ahead to a period... 

Boliden expands electrified transportation in Sweden, Finland mines

By: Creamer Media Reporter      24th October 2019 Mining and smelting company Boliden has invested 300-million krona to expand electrified transportation at Aitik, northern Sweden, and to implement the corresponding technology in Kevitsa, Finland. Since 2018, a pilot project on electrified transportation has been conducted at Aitik. The company... 

Boliden expands electrified transportation in Sweden, Finland mines
Electric trolley at Boliden Aitik, in northern Sweden.

Lundin tightens guidance range, says Chile mine not affected by unrest

By: Mariaan Webb     24th October 2019 Toronto-headquartered Lundin Mining has improved its guidance for 2019, tightening the lower end of the production range for copper and zinc, as well as lowering the operating cost guidance for the Chapada and Neves-Corvo mines. The revised copper guidance for the year is a range of 227 000 t to... 

Nigeria bid to boost mining gets help from West Africa gold rush

By: Bloomberg     24th October 2019 Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a small Canadian company joining a rush for gold in West Africa. The western tip of the continent is seen as a new frontier as gold miners face a dearth of new discoveries globally. 

Bluejay applies for exploration licence at ‘least talked about’ project

By: Mariaan Webb     21st October 2019 Aim- and FSE-listed Bluejay Mining, which owns the Dundas mineral sands project, has applied for an additional exploration licence at the Kangerluarsuk zinc/lead/silver project, in Greenland. The new application covers an area surrounding the existing Kangerluarsuk licence area in central-west... 

Anglo mines targeting climate-positive hydrogen truck deployment 

By: Martin Creamer     21st October 2019 Anglo American’s copper operations in Chile are targeting a switch to climate-positive hydrogen trucks, should their development in South Africa prove successful. The world’s largest hydrogen-powered mine haul truck is being developed at Anglo American Platinum’s Mogalakwena mine in Limpopo, as a... 

Anglo mines targeting climate-positive hydrogen truck deployment
Photo by Creamer Media's Martin Creamer
Los Bronces opencast copper mine with ice-capped Andes mountain range in sight.

African lender eyes unloved neighborhoods in mining drive

By: Bloomberg     18th October 2019 African Finance Corp (AFC) will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said. The Nigeria-based development-finance firm is mulling mining and refining opportunities in Mali, Burkina Faso,... 

SA moves to give new impetus to exploration, following years of stagnation 

By: Tracy Hancock     18th October 2019 The absence of new mining projects, owing to limited exploration, continues to weigh on the future sustainability of South Africa’s once thriving mining sector, which once captured a larger share of major mining budgets. “There is simply not enough investment in new mineral exploration to take... 

SA moves to give new impetus to exploration,  following years of stagnation
Mandela Mining Precinct co-director Alastair Macfarlane discusses an initiative under way to stimulate local exploration. Camera work: Kutlwano Matlala. Editing: Nicholas Boyd.

Group Eleven gains Glencore backing for Ireland zinc projects

By: Mariaan Webb     16th October 2019 TSX-V-listed explorer Group Eleven has the backing of diversified miner and commodities trader Glencore to advance its zinc projects in Ireland. Group Eleven’s Stonepark deposit, which comprises 5.1-million tonnes grading 8.7% zinc and 2.6% lead, is adjacent to Glencore’s Pallas Green project,... 

Group Eleven gains Glencore backing for Ireland zinc projects

Nyrstar’s Langlois mine to cease production in Dec

By: Creamer Media Reporter      14th October 2019 About 240 people working at the Langlois mine, in Quebec, are set to lose their jobs as the mine is now considered uneconomic to operate and will cease production in December. Global metals company Nyrstar announced its decision on Monday, explaining that rock conditions had deteriorated to the... 

Nyrstar’s Langlois mine to cease production in Dec

Beowulf ups Vadar ownership

By: Creamer Media Reporter      14th October 2019 Aim-listed Beowulf Mining has increased its ownership of Kosovo explorer Vardar Minerals from 37.6% to 40.1%. The company invested a further £115 000 in Vardar, following the board’s recent “excellent” visit to Kosovo, CEO Kurt Budge said on Monday. 

Rio Tinto and Minmetals look for copper, zinc and lead in China

By: Reuters     11th October 2019 Rio Tinto is looking for copper and zinc-lead deposits in four Chinese regions, including Xinjiang and Inner Mongolia, as part of an exploration venture with State-owned China Minmetals, a spokeswoman for the Anglo-Australian Miner said on Friday. The two companies set up a 50:50 joint venture... 

Encouraging outlook for Glencore, but there are threats – global consultancy

By: Rebecca Campbell     11th October 2019 Global major diversified natural resource group Glencore has a solid outlook for the next few years, because, among others things, of its diversified portfolio, its conservative financial policy and likely rising prices for the main metals and coal that it produces. But clouds on the horizon... 

Vedanta to shut down Skorpion zinc operations Namibia for four months

By: Reuters     10th October 2019 Vedanta Resources said on Thursday it would shut its Skorpion zinc operations in Namibia from early November until the end of February 2020. The company said in a statement the closure was due to technical problems which resulted in reduced ore production at the Skorpion site. 

Biodiversity, climate everyone’s issues – Environment Minister  

By: Martin Creamer     8th October 2019 South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC). “We are thus one of the richest countries in terms of the diversity of... 

Biodiversity, climate everyone’s issues – Environment Minister
Environment, Forestry and Fisheries Minister Barbara Creecy ORC presentation by Mining Weekly's Martin Creamer. Camera Work: Darlene Creamer

Vast finalising $13.5m financing facility

By: Mariaan Webb     8th October 2019 Aim-listed mining company Vast Resources is in the process of finalising the documentation for a $13.5-million financing facility, it said on Tuesday. In an update to the market, the company said that a further announcement would be made “shortly”. 

Vast finalising $13.5m financing facility

Emerita gains on positive ruling in Spain

By: Creamer Media Reporter      7th October 2019 The share price of European exploration and project development company Emerita Resources rose sharply on the TSX-V on Friday, following a favourable ruling on the Aznalcóllar project appeal, in Spain. Five judges of the Appellate Court of Seville have unanimously ruled in favour of Emerita’s... 

Investment in climate-positive companies growing – Joburg Indaba  

By: Martin Creamer     7th October 2019 Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and governance (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for... 

Investment in climate-positive companies growing – Joburg Indaba
Mining Weekly's Martin Creamer on Joburg Indaba climate discussion. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photo: Dylan Slater.

Environment government’s most important Ministry – Oppenheimer  

By: Martin Creamer     4th October 2019 The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference. “Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment... 

Environment government’s most important Ministry – Oppenheimer
Former mining luminary Nicky Oppenheimer covered by Mining Weekly’s Martin Creamer. Camera Work: Darlene Creamer. Photograph: Dylan Slater.

Stephen Lang to chair Hudbay board, CEO search continues

By: Mariaan Webb     4th October 2019 Base metals miner Hudbay has appointed Stephen Lang as its chairperson to succeed Alan Hibben, who will resign as chairperson, but remain on the company’s board. Lang is the former CEO of Canadian miner Centerra and also served as that company’s chairperson until he stepped down at the end of... 

Star Zinc offtake negotiations advancing  

By: Creamer Media Reporter      3rd October 2019 London-listed Galileo Resources said on Thursday that negotiations for an offtake agreement with fellow-listed Jubilee Metals were advancing satisfactorily. The companies are working on an agreement to process ore from the Zambian Star Zinc and Kashitu projects at the Kabwe refinery, where... 

Global consultancy sees encouraging outlook for Glencore – but there are threats

By: Rebecca Campbell     3rd October 2019 Global major diversified natural resource group Glencore has a solid outlook for the next few years, because, among others things, of its diversified portfolio, its conservative financial policy and likely rising prices for the main metals and coal that it produces. But clouds on the horizon... 

Global consultancy sees encouraging outlook for Glencore – but there are threats

New technologies can make mining safer, sunrise industry – Mgojo  

By: Martin Creamer     2nd October 2019 The utilisation of new technologies could make mining a sunrise industry while simultaneously addressing safety and health issues, Minerals Council South Africa president Mxolisi Mgojo said on Wednesday. Responding to a question by Joburg Indaba chairperson Bernard Swanepoel following his keynote... 

New technologies can make mining safer, sunrise industry – Mgojo
Minerals Council South Africa president Mxolisi Mgojo’s address to Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photograph: Dylan Slater. Video: Kutlwano Matlala.

Modern, sustainable mining can build thriving communities – Anglo  

By: Martin Creamer     2nd October 2019 Modern, sustainable and innovative mining was capable of building thriving mining communities that were healthier, better educated and employed in greater numbers, Anglo American CEO Mark Cutifani said on Wednesday when he delivered a keynote address at the Joburg Indaba. Cutifani said... 

Modern, sustainable mining can build thriving communities – Anglo
Anglo American CEO Mark Cutifani’s Joburg Indaba address covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photograph: Dylan Slater. Video: Kutlwano Matlala.

Global zinc production to rise on the back of elevated prices

By: Simone Liedtke     1st October 2019 Global mined zinc production is expected to continue ramping up over the coming years as elevated prices encourage miners to restart idled capacity and start production at key new mines, Fitch Solutions Macro Research said this week. In its ‘Outlook for Zinc Mining’, published on Tuesday,  Fitch... 

Baita Plai refinancing at ‘advanced stage’ – Vast

By: Mariaan Webb     30th September 2019 The Baita Plai polymetallic operation, in Romania, could be in operation within three months from the drawdown of financing, owner Vast Resources reported on Monday, noting that the refinancing of the mine had reached an “advanced stage”. It has been a long road for Vast to bring Baita Plai... 

Baita Plai refinancing at ‘advanced stage’ – Vast

Europa raises £1m for Spain PFS

By: Creamer Media Reporter      30th September 2019 European lead/zinc explorer Europa Metals has raised £1-million in an oversubscribed fundraising to progress the workstreams required for a prefeasibility study of its Toral project in Castilla y León, northern Spain. The fundraising comprised the issue of four-million shares of no par value... 

Zinc explorer Heron gets waiver on debt facility

By: Reuters     30th September 2019 Australia's Heron Resources said on Monday it received an extension to waivers regarding a loan facility, giving the cash-strapped zinc explorer more time to come up with a funding plan. A cash crunch due to a seven-month delay in the completion of construction at the company's zinc and... 

Proudly South African anti-cable theft technology already deployed on 12 sites

By: Martin Creamer     30th September 2019 It has been said that entering the Elvey Security Technologies headquarters in the Greenstone Hill Office Park, in Modderfontein, Edenvale, is like boarding USS Enterprise on a Star Trek movie set. All the futuristic trappings are evident in this Hudaco company’s Pentagon demonstration room,... 

Proudly South African anti-cable theft technology already deployed on 12 sites
Photo by Creamer Media's Dylan Slater
SOLVING A WORLDWIDE PROBLEM Hudaco executive director Louis Meiring (left) and Commercial ICT MD Brad Morein in futuristic demonstration room.
1 2 3
4
5 6 7 8 9

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close