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Aluminium price expected to reach a 30-year high this year

By: Darren Parker     28th January 2022 Aluminium has strong potential to outperform other London Metals Exchange base metals this year, having again breached the important milestone of $3 000/t at the start of the year, diversified mining major Eurasian Resources Group CEO Benedikt Sobotka said in a statement on January 27. He said... 

Resources Watch  

26th January 2022 This week: Early income bonanza for funded Witwatersrand gold mining reviver; Hillside Aluminium could get green lifeline by 2030; And, Early copper/zinc production investigations under way at Orion’s Prieska 

South32 warns of global Covid impacts

By: Esmarie Iannucci     24th January 2022 Despite a strong December quarter, diversified miner South32 on Monday warned shareholders that labour shortages and freight bottlenecks would impact global operations this year. “We achieved a number of strong production results across our portfolio and realised significantly higher commodity... 

On-The-Air (21/01/2022) 

By: Martin Creamer     21st January 2022 We can achieve “superpower” energy status by focusing on our world-beating solar, wind and storage opportunity; Australians are the main investors in projects that are bringing dormant gold and copper assets back to life; and Soweto-born Sam Molefi has clinched promising business for his... 

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... 

Alcoa warns Russia-Ukraine conflict could hit aluminium supply

By: Bloomberg     21st January 2022 Alcoa, the largest US aluminum producer, warned investors Wednesday that any conflict between Russia and Ukraine could have an impact on the global market for the metal. CEO Roy Harvey said any kind of aggression could have an impact to supply coming out of Russia, the world’s second-largest... 

Battery metals could attain strategic mineral status

By: Theresa Bhowan-Rajah     21st January 2022 Law firm Beech Veltman states that, in terms of the developments regarding the production and beneficiation of base metals, particularly battery metals, current legislative frameworks in South Africa and the rest of Africa do not generally distinguish between precious and base metals regarding... 

Hillside Aluminium could get green $0.03c/kWh lifeline by 2030 – Mallinson  

By: Martin Creamer     18th January 2022 It’s all about South Africa focusing attention on the generation and storage of its wonderful African sunshine and prime African wind. It’s all about going hammer and tongs for these three letters, SWS, which stand for solar, wind and storage ­– and eight hours of storage is all we need, which is... 

Rio reports tough end to the year

By: Esmarie Iannucci     18th January 2022 Diversified major Rio Tinto has seen a drop in production across all of its commodities for the full year ending December, and in the last quarter of the year, compared with the previous corresponding period. CEO Jakob Stausholm said that in 2021, Rio continued to experience strong demand for... 

Nornickel says 2021 nickel sales were unaffected by export tax

By: Reuters     17th January 2022 Russia's Nornickel, the world's largest producer of refined nickel, said on Monday that the state export tax, which Moscow had imposed between August and December of 2021, did not affect the amount of its nickel exports. Russian exporters of nickel, steel, aluminium and copper paid extra export... 

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