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Mining Weekly News

Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
31st May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
31st May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


lithium ore
Zimbabwe leading sub-Saharan African lithium mining boom
31st May 2024 By: Darren Parker

The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the... 


platinum ingots
PGMs to face continued supply constraints, low prices – report
31st May 2024 By: Darren Parker

Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be... 


US President Joe Biden
US tariffs on minerals leave out markets dominated by China
31st May 2024 By: Bloomberg

President Joe Biden just unveiled sweeping tariffs on a range of Chinese imports, including more than two dozen industrial raw materials. But the administration is being careful to avoid the... 


Anglo American CE Duncan Wanblad
All-round value unlock targeted in proposed demerging of Anglo Platinum and De Beers
31st May 2024 By: Martin Creamer

Diversified mining major Anglo American is targeting value elevation in its planned demerging of South Africa-based Anglo American Platinum (Amplats) and the envisaged divestment or demerger of... 


Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
24th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


AP Ventures Co-Founding Partner Kevin Eggers
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
24th May 2024 By: Martin Creamer

The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, second-quarter update likely on backfill problem
24th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


Condra clinches second maintenance crane order from Sappi’s Saiccor Mill
24th May 2024 By: Natasha Odendaal

Crane manufacturer Condra Cranes is manufacturing a second maintenance crane for turbine maintenance duty at Sappi’s Saiccor Mill, in Umkomaas, KwaZulu-Natal. This followed an order last year, and... 


Harmony's Mponeng gold mine.
Miner ups full-year output and grades, lowers cost and capital guidance
17th May 2024 By: Martin Creamer

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 


Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Barrick highlights discovery and development as critical to value growth in mining
17th May 2024 By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper... 


World Platinum CEO Trevor Raymond at Shanghai Platinum Week 2023.
Shanghai Platinum Week: Hydrogen’s going to feature big, says World Platinum Investment Council
17th May 2024 By: Martin Creamer

The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa’s mining industry
10th May 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


Copper 360 CEO Jan Nelson.
Copper 360 ships concentrate, on course to pay first dividend next year
10th May 2024 By: Martin Creamer

South Africa's rapidly advancing copper producer Copper 360 has shipped copper concentrate from the Northern Cape province for the first time in 21 years, which saw its shares rise by more than 26%... 


Orion Minerals CEO Errol Smart.
Standout copper intercept in Northern Cape sends Orion’s shares soaring on Australian exchange
10th May 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


Jonsson L 550 large mobile cone crusher
Pilot Crushtec introduces Swedish brand of large-scale crushers in Southern Africa
10th May 2024 By: Marleny Arnoldi

Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand... 


Hypervine launches satellite survey service
10th May 2024 By: Natasha Odendaal

Satellite imagery and data analytics specialist and greentech business Hypervine has launched a new unlimited satellite surveys service. The Glasgow-headquartered group aims to provide... 


Zimplats CEO Alexander Mhembere
Zimplats to become cash generative in next financial year despite challenging environment, CEO says
3rd May 2024 By: Darren Parker

Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the... 


The Oyu Tolgoi copper mine in Mongolia
Building copper mines better than buying – Rio Tinto
3rd May 2024 By: Bloomberg

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 


Citi sees gold hitting $3 000 as investor inflows juice rally
Citi sees gold hitting $3 000 as investor inflows juice rally
3rd May 2024 By: Bloomberg

Gold is set to reach $3 000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup said,... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
3rd May 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


Strong consensus that markets need to be developed for platinum group metals.
Joint PGM market development has paid dividends, could pay many more, Platinum Day told
3rd May 2024 By: Martin Creamer

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong... 


Palladium bar
Investors prioritising PGM miners able to generate free cash flow, reduce costs in current low-price environment
3rd May 2024 By: Marleny Arnoldi

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 


Platinum Group Metals CEO Frank Hallam
Odds-on entry of palladium, platinum into EVs highlighted by research update
3rd May 2024 By: Martin Creamer

New York- and Toronto-listed Platinum Group Metals, which is emerging in South Africa’s Waterberg, on Tuesday provided an update on its new light battery technology that points to increasing... 


Sibanye-Stillwater COO Richard Stewart
Collaboration crucial to ensuring PGM industry’s success
26th April 2024 By: Darren Parker

Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner... 


The Two Rivers PGM mine
South African PGM miners overcoming challenges to build new mines
26th April 2024 By: Schalk Burger

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 


Hydrogen economy, platinum group metals go together.
Forbes article talks up potential of green hydrogen as an energy source
26th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
26th April 2024

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Gold Fields’ new Chile mine delivers its first gold
Gold Fields’ new Chile mine delivers its first gold
19th April 2024 By: Mariaan Webb

The new Salares Norte mine, in Chile, has produced its first gold, Johannesburg- and New York-listed Gold Fields reported on Tuesday. The new mine, which is key to the company achieving its gold... 


Brand new fuel cell is platinum-catalysed.
New platinum-based hydrogen fuel cell as cheap to make as conventional car engine
19th April 2024 By: Martin Creamer

The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines... 


Nedbank CIB Markets Research Head Arnold van Graan.
Current low PGM prices not reflective of supply-demand fundamentals – Nedbank CIB
19th April 2024 By: Martin Creamer

Platinum group metals (PGM) prices, where they are now, do not reflect the medium to long-term supply demand fundamentals. Instead, they are driven by short-term distortions, which imply that a... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
12th April 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


The Kibali mine
Barrick explores new gold and copper ventures in DRC
12th April 2024 By: Creamer Media Reporter

Buoyed by the success of Kibali – Africa’s biggest gold mine – Barrick Gold is setting its sights on new opportunities in gold and copper in partnership with the government of the Democratic... 


An image of Kumba Iron Ore's Sishen mine
Kumba’s Sishen, Kolomela iron-ore operations perform highly in responsible mining audit
12th April 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 


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