R/€ = 17.15 Change: -0.06
R/$ = 14.75 Change: -0.04
Au 1798.52 $/oz Change: -0.51
Pt 1049.20 $/oz Change: 2.97


South32 keeps its pace

By: Esmarie Iannucci     21st October 2021 Diversified miner South32 has maintained its production guidance for its 2022 financial year, following a strong first quarter. The miner on Thursday reported a 10% decline in alumina production, compared with the fourth quarter of the 2021 financial year, reaching 1.2-million tonnes, while... 

Jervois starts underground work at ICO

By: Esmarie Iannucci     19th October 2021 ASX-listed Jervois has started underground construction at its Idaho Cobalt Operations (ICO), in the US. The company in July this year approved the $78.4-million construction of the ICO, with first production expected from mid-2022. 

Company establishes green rare earth fluoride manufacturing plant based on Necsa intellectual property 

By: Donna Slater     14th October 2021 Over the past two years, Pretoria-based rare earth (RE) minerals refinery Rare Earth Refiners (RER) has designed, built and commissioned a demonstration plant for the green production of RE fluorides using a R15-million grant from the Technology Innovation Agency (TIA). REs, and especially... 

BHP looks at renewables for Olympic Dam

By: Esmarie Iannucci     14th October 2021 Diversified miner BHP has flagged potential renewable solutions for its Olympic Dam operation, in South Australia, in the hopes of reducing its emission position to zero for 50% of its electricity consumption by 2025, based on current forecast demand. BHP on Thursday said that it expected to... 

Poseidon weighs battery feed

By: Esmarie Iannucci     13th October 2021 Nickel developer Poseidon Nickel has signed a memorandum of understanding (MoU) with battery materials refinery Pure Battery Technologies (PBT) to study the merits of Poseidon supplying nickel concentrate to PBT’s precursor cathode active material (pCAM) refinery, in Western Australia. The... 

Goldplat, West Wits partner on South African project

By: Tasneem Bulbulia     12th October 2021 Aim-listed Goldplat is partnering with ASX-listed West Wits Mining as toll treatment partner to initially process about 8 500 t of ore extracted during the West Wits early mine programme at the Qala Shallows area, located on the Kimberly Reef package in the Witwatersrand Basin, in South Africa.... 

Freeport Indonesia breaks ground on $3bn copper smelter

By: Reuters     12th October 2021 American mining giant Freeport McMoRan broke ground on Tuesday in construction of one of the world's biggest copper smelters near its existing refining operations in Indonesia. The $3-billion facility in Gresik, East Java, will have capacity of 1.7-million tonnes of copper concentrate and is... 

Norsk Hydro CEO says uneven competition on CO2 cost threatens green transition

By: Reuters     11th October 2021 The green transition is under threat unless governments can level the playing field between metal producers who are forced to pay offset costs for their emissions and those who are not, the CEO of aluminium maker Norsk Hydro said on Monday. "Some are subject to the world's most ambitious climate... 

Exploration key to keeping South Africa on right side of future – investors 

By: Martin Creamer     11th October 2021 Exploration is key to keeping South Africa on the right side of the future-facing metals scenario, the Joburg Indaba heard last week from potential investors. During a panel discussion on mining sector prospects covered by Mining Weekly, the heads of international investment companies commented... 

Metso Outotec wins Canadian cobalt refinery contract

By: Mariaan Webb     5th October 2021 Canada’s First Cobalt has awarded a contract to mineral processing and metal refining solutions company Metso Outotec for the design and manufacturing of solvent extraction cells, as well as technical support for the layout of a new solvent extraction plant and its process control. The solvent... 

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