R/€ = 18.4426 Change: -0.0567
R/$ = 17.5287 Change: -0.0213
Au 1797.91 $/oz Change: 0.00
Pt 1020.00 $/oz Change: 0.00

Zinc News

South African growth to slow to 2.1% in 2022 – Fitch Solutions 

By: Terence Creamer     25th January 2022 Fitch Solutions expects growth in South Africa to slow to only 2.1% in 2022, having expanded by an estimated 4.8% last year, as the base effects of 2021 fade and longstanding constraints come to the fore once again. Lacklustre economic activity in South Africa would also weigh on the performance... 

Vedanta appoints Black Mountain mine GM

By: Donna Slater     24th January 2022 Zinc producer Vedanta Zinc International (VZI) has appointed Xolani Qamata Black Mountain mine (BMM) GM, effective January 3. In this role at the Aggeneys, Northern Cape-based operation, he will report to VZI business head Laxman Shekhawat.  

An image of Xolani Qamata
Vedanta Zinc International's new Mountain mine GM Xolani Qamata

Trevali starts early works on Rosh Pinah expansion project 

By: Darren Parker     21st January 2022 Canadian base metals mining company Trevali Mining has started an early works programme on its Rosh Pinah 2.0 (RP2.0) mine expansion project, in south western Namibia. The Rosh Pinah underground zinc/lead mine – which is 90%-owned by Trevali and 10%-owned by Namibian broad-based empowerment... 

A graphic depicting the Rosh Pinah expansion plans
The Rosh Pinah expansion

SWS, Hillside Aluminium, Aus investment make headlines   

21st January 2022 Mining Weekly Editor Martin Creamer unpacks huge advantages in South Africa modifying its Integrated Resource Plan to focus its energy effort exclusively solar, wind and storage; Hillside Aluminium which could go green by 2030; and Australian investment in Orion’s Prieska as well as in West Wits... 

Photo of Martin Creamer
SWS, Hillside Aluminium, Aus investment make headlines

Concern over decline in galvanised steel uptake

21st January 2022 The steady decline in the uptake of galvanised steel in South Africa is directly related to the drop-off in manufacturing activity and the dwindling number of construction and civil engineering projects under way, notes association body International Zinc Association (IZA) Africa Desk coordinator... 

A generic image of railway lines and the horizon
GOING DOWN The steady decline in the uptake of galvanised steel in South Africa is directly related to the drop-off in manufacturing activity

Early copper/zinc production investigations under way at Orion’s Prieska  

By: Martin Creamer     20th January 2022 The executive team of Orion Minerals is re-evaluating the development schedule of the Prieska copper-zinc project to assess the potential for its fast-tracking. Also flagged is the opportunity to extract pillars left by historic mining. 

Creamer Media picture
Orion CEO Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video Editing: Darlene Creamer

SSR sells Mexican mine to Endeavour Silver

By: Esmarie Iannucci     14th January 2022 Triple listed SSR Mining has announced plans to sell its Pitarrilla silver/lead/zinc project in Durango, Mexico, to TSX- and NYSE-listed Endeavour Silver for up to $127-million. The consideration would consist of a $35-million cash payment, $35-million in Endeavour Silver shares, with the number... 

Image shows silver bars

Ambler Metals close to starting formal permitting for Arctic

By: Mariaan Webb     12th January 2022 Ambler Metals, a joint venture between Trilogy Metals and South32, will soon start the formal permitting process for the Arctic project, in Alaska. An independent consulting company has completed a preparedness review of the draft permitting package for the project and, with some minor changes,... 

Formal launch of South Africa’s first green ammonia project on Tuesday  

By: Martin Creamer     12th January 2022 The formal launch of South Africa’s first green ammonia project takes place on Tuesday, against the background of the initiative having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Energy and BuiltAfrica –... 

Picture supplied by BuiltAfrica
BuiltAfrica chairperson Thulani Gcabashe interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

First Quantum sets out vaccination policy for Zambia mines

By: Schalk Burger     10th January 2022 TSX-listed copper, gold and zinc producer First Quantum Minerals has clarified Covid-19 vaccination protocols at its Kansanshi mine, in Solwezi, and its Sentinel mine, in Kalumbila, in Zambia. It is also calling on all citizens to be vaccinated, in support of the Zambian government's efforts to... 

Report states Bluejay Mining undervalued

By: Marleny Arnoldi     6th January 2022 A report produced by Independent Investment Research (IIR) states that Aim-listed Bluejay Mining is trading at a significantly discounted rate and that there is upside to its sum-of-the-parts valuation of $301-million as its projects progress with development. The company’s Dundas ilmenite... 

Minerals Council backs State capture commission’s recommendations 

By: Martin Creamer     6th January 2022 Minerals Council South Africa on Thursday endorsed the recommendations of the first report of the Commission of Inquiry into State Capture. The Minerals Council said these recommendations, aimed at preventing endemic and corrosive corruption in organs of the state and within the private sector,... 

Supplied picture
Minerals Council South Africa CEO Roger Baxter

Peru is winning over miners with soft hand on conflicts, PM says

By: Bloomberg     6th January 2022 Mining companies in Peru are starting to get on board with a new soft-handed approach to resolving social conflicts that threaten some of the world’s biggest copper, zinc and silver operations, according to a top government official. Previous governments tended to send in the military to deal... 

Mining in Peru

Glencore’s former top copper trader joins digital metal startup

By: Bloomberg     5th January 2022 Glencore’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup. Paraskevas, who left Glencore during a leadership reshuffle early last year, is joining the company alongside Kareem Barbir, formerly head of... 

Foran appoints David Bernier as COO

By: Schalk Burger     5th January 2022 TSX-V-listed copper/zinc/gold/silver exploration and development company Foran Mining has appointed David Bernier as COO, effective immediately. Bernier has more than 25 years of deep operational experience gained from a series of progressively senior roles across mine design, project development... 

Walkabout solidifies exploration footprint in Scotland

By: Marleny Arnoldi     4th January 2022 ASX-listed Walkabout Resources has acquired the remaining 25% stake in JDH Exploration for £100 000, giving it full ownership over 750 km2 of prospective exploration licences in southwest Scotland. JDH holds two Mines Royal options with State-owned property corporation Crown Estate Scotland, in... 

Australian exports flourish as project pipeline grows

By: Esmarie Iannucci     4th January 2022 Australia’s resource and energy export earnings are forecast to reach A$379-billion in 2021–22 as demand for coal and gas surges in the face of a global energy shortage, the December edition of the Resources and Energy Quarterly (REQ) found. The 2021-22 prediction was up from the A$310-billion... 

Schummer resigns as Trevali COO

By: Creamer Media Reporter      17th December 2021 Vancouver-headquartered Trevali Mining’s COO David Schummer has resigned, citing personal reasons. In a short statement on Thursday, CEO Ricus Grimbeeck thanked Schummer for his contributions and wished him the best in his future endeavours. 

Zinc soars as power crunch forces Nyrstar to idle French plant

By: Reuters     17th December 2021 Zinc prices jumped more than 5% on Thursday on supply concerns after Belgium-based Nyrstar said it would shutter its plant in France from January due to soaring power prices. The plant, which also produces lead, is the latest to fall victim to higher gas prices, including Glencore's Portovesme... 

Nexa says restarts production at Peru zinc mine after blockade cleared

By: Reuters     17th December 2021 Miner Nexa Resources, controlled by Brazilian holding company Votorantim, said on Thursday it had resumed production at its Cerro Lindo zinc mine in Peru after suspending it earlier this week due to a road blockade protests. The firm said that it expected the mine to get back to full capacity by... 

Energy transitioning countries stand to attract major FDI investment, webinar hears 

By: Martin Creamer     15th December 2021 Countries that choose to transition into clean energy stand to attract major foreign direct investment (FDI) flows, as do companies that follow a clear pathway towards decarbonisation responsibly, a global webinar event has emphasised. The timing of the clean energy leapfrog by transitioning... 

Creamer Media screenshot
Wood Mackenzie Metals and Mining webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Vedanta Zinc International’s Singla joins Minerals Council South Africa board

By: Donna Slater     14th December 2021 Zinc producer Vedanta Zinc International (VZI) executive director and CFO Pushpender Singla has been appointed as a member of the Minerals Council South Africa board. He is a chartered accountant, both in India and South Africa. and has over 15 years’ experience in the mining sector in... 

An image of Vedanta Zinc International executive director and CFO Pushpender Singla
Vedanta Zinc International executive director and CFO Pushpender Singla

NorZinc closes placement to initiate pioneer winter road construction

By: Mariaan Webb     13th December 2021 Toronto-listed project developer NorZinc on Monday announced a “significant” milestone in the advancement of the Prairie Creek project, with the closing of equity financing to progress construction of an all-season access road to the project. The company said it closed a nonbrokered private... 

An image of the Prairie Creek site

Boliden's Tara partially resumes production after flooding

By: Mariaan Webb     10th December 2021 Production at the Tara zinc mine, in Ireland, has partially resumed production, owner Boliden said on Friday, stating that the company managed to stop the inflow of groundwater that occurred while drilling a pilot borehole in the Tara Deep exploration drift in late November. 

Boliden's Tara partially resumes production after flooding

Leading mining companies commit to contract transparency 

By: Martin Creamer     9th December 2021 Members of the International Council on Mining and Metals (ICMM) on Thursday announced their commitment to disclose all mineral development contracts from the start of January this year, wherever they operate, marking a significant step by about a third of the global mining and metals industry to... 

Picture supplied.
ICMM CEO Rohitesh Dhawan

Australia exploration at 7-year high on clean-energy metals push

By: Bloomberg     9th December 2021 The hunt for metals critical to the clean-energy transition has seen spending on minerals exploration in Australia surge by nearly a third in the September quarter to a seven-year high. Spending was A$877-million ($618-million) in the three months to September 30, up from A$666-million in the... 

Citronen a step closer to financing

By: Esmarie Iannucci     8th December 2021 ASX-listed Ironbark Zinc has received preliminary approval for up to $657-million in funding from financier US EXIM Bank for the development of its Citronen project, in Greenland. The preliminary approval follows an initial due diligence period. 

Specify energy transition action now, the money’s there for it, UN climate envoy urges  

By: Martin Creamer     7th December 2021 The energy transition is woefully under specified, the United Nations special envoy on climate change action and finance Mark Carney told a global webinar, in which he described the specifying of energy transition action as being “a matter of urgency”. Such specification, the webinar heard,... 

Picture from Reuters
UN Climate Action Finance Envoy Mark Carney covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore targeting recycling step change  

By: Martin Creamer     6th December 2021 The goals of the Paris Agreement on climate change are best achieved through the circular economy, says diversified mining and marketing company Glencore, which sees recycling as being a significant means for relieving the growing burden that global decarbonisation is set to place on finite raw... 

Picture supplied by Glencore
Glencore 2021 investor update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Exploration debate highlights Nema challenge  

By: Martin Creamer     3rd December 2021 The withdrawal of a portion of the National Environmental Management Act (Nema) has created a major challenge for mineral exploration in South Africa, the Industrial Development Corporation (IDC) co-sponsored exploration webinar heard on Thursday. Taking part in the panel discussion under... 

Creamer Media image.
IDC co-sponsored webinar covered by Mining Weekly.

Zinc prices seen solid over European winter on likely smelter shutdowns

By: Reuters     3rd December 2021 Zinc prices are due to remain firm over coming months on the potential for soaring power costs causing more disruptions at smelters, keeping supply and inventories tight. Benchmark zinc prices on the London Metal Exchange have shed about a fifth since surging to a 14-year peak in mid-October... 

Trevali wraps up Santander sale

By: Creamer Media Reporter      3rd December 2021 Vancouver-headquartered Trevali has closed the transaction with Cerro De Pasco Resources (CDPR) to sell its Santander mine, in Peru. The TSX-listed miner said on Friday it had received ten-million shares of CDPR, C$1-million in cash and a 1% net smelter return royalty on certain areas of the... 

Transport group eyes Copperbelt

By: Halima Frost     3rd December 2021 Specialist logistics group Unitrans Africa plans to use its copper handling success, in Botswana, as a launchpad to enter into mining operations in the Copperbelt of Zambia and the Democratic Republic of Congo. “Our recent success in on-mine copper materials handling and pit development, paired... 

A large yellow mining machine with EV capability used to load ore onto Unitrans road trains
POWER PUSH The use of electric power vehicles in the mining sector is being successfully pushed further up into the Central African region by Unitrans

Rising demand for separation compound 

By: Halima Frost     3rd December 2021 Since the partnership between global chemicals producer 2M Holdings and speciality materials company Celanese, established in 2014, demand for its methyl isobutyl carbinol (MIBC) compound, used to separate copper from ore, has grown substantially in the Central Africa region. 2M Holdings South... 

Large plastic containers of methyl isobutyl carbinol (MIBC) compound which is used in the separation or flotation of ores on the African Copperbelt
2M Holdings South Africa MD Denzyl O’Donoghue discusses the use of MIBC as an effective flotation agent in the separation of copper

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani   

By: Martin Creamer     2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... 

Creamer Media screenshot during GlobeScan climate webinar
GlobeScan climate event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Vedanta updates mission statement to strengthen ESG, commits to net-zero emissions by 2050

By: Donna Slater     30th November 2021 Diversified miner Vedanta has announced the evolution of its mission statement to strengthen the group’s commitment to environment, social and governance (ESG). The new mission statement focuses on Vedanta adopting best practices and policies across the ESG space for the greater good.  

Law firm creates outsourced compliance solution for mining industry 

By: Martin Creamer     25th November 2021 A specialist mining law firm, which prefers people to paper, has created an outsourced compliance solution for Africa’s mining industry. NSDV will not simply rely on the paper trail when a client calls with an issue, but instead phone, WhatsApp, or drive there and chat to the officials. 

NSDV supplied picture
NSDV director and co-founder Lili Nupen

Production at Europe’s biggest zinc mine halted

By: Mariaan Webb     24th November 2021 Swedish mining group Boliden has halted production at the Tara zinc mine, in Ireland, owing to increased water flows into the mine. While drilling a pilot raise bore hole for a 1 km ventilation shaft, a high flow of water into the mine was encountered, the company explained on Wednesday. It... 

An image of underground mining
Underground mining has been stopped at Tara
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