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Ferrochrome business remains solid, world still requires large amount of it – Glasenberg 

By: Martin Creamer     11th August 2020 The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world. Unfortunately, most of the production occurs in ferrochrome plants in China, while South Africa continues exporting chrome ore and moving a large amount of it to China owing to South... 

Some 8 000 miners needed in WA - CME

10th August 2020 The Chamber of Minerals and Energy (CME) of Western Australia has estimated that an additional 8 000 skilled workers would be needed for the regions resources sector over the next 12 to 18 months, in order to meet demand. The preliminary forecast modeling assumes the continuation of... 

WA welcomes federal enviro agreements

By: Esmarie Iannucci     10th August 2020 The Western Australian government has welcomed confirmation of the federal government’s intent to enter into a landmark agreement with the state government to provide a single avenue for environmental assessments and approvals. The agreement is expected to result in the removal of duplication... 

Arctic wastewater dump near Russia's Norilsk was toxic, says Greenpeace

By: Reuters     7th August 2020 Water samples taken by Greenpeace in Russia’s Arctic at the site of a wastewater dump by mining giant Norilsk Nickel contained 50 times the permitted level of toxic substances, the environmental campaign group has said. The miner admitted last month its Talnakh metals processing plant had used... 

Sadpo co-founder dies; industry is managing Covid-19 well

By: Marleny Arnoldi     7th August 2020 South African Diamond Producers Organisation (Sadpo) chairperson Gert van Niekerk reports in a newsletter that the organisation’s former deputy chairperson and co-founder Jaap van Heerden has passed away. Van Niekerk goes on to report that its members in the diamond mining industry have adapted... 

Albemarle warns lithium sales sliding amidst weak EV market

By: Reuters     6th August 2020 Albemarle, the world's largest producer of lithium for electric vehicle batteries, warned on Wednesday that its third quarter sales and profit will dip as automakers produce fewer EVs due to the coronavirus pandemic. The warning came after the company posted a 45% drop in second-quarter profit... 

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... 

AuStar inks concentrate deal

By: Esmarie Iannucci     3rd August 2020 Junior AuStar Gold has inked a definitive concentrate sales agreement with New York based metals trading house MCC Non-Ferrous Trading for the sale of high-grade concentrate product. AuStar told shareholders that the terms of the agreement remained commercial-in-confidence, but represented... 

Chilean regulators charge BHP's Escondida copper mine with water misuse

By: Reuters     31st July 2020 Chile's environmental watchdog said on Friday it would charge BHP's Escondida copper mine, the world`s largest, with drawing more water from the parched Chilean desert than its permits allowed for nearly 15 years. The SMA regulator said the mine had caused a sufficiently serious drop in the... 

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... 

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