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Mining Weekly News

South32 CEO Graham Kerr
South32 exits coal with Australia’s Illawarra sale
15th March 2024 By: Mariaan Webb

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 


Copper 360 CEO Jan Nelson.
Rich new Copper 360 discovery points to big Chile-type copper mine potential
8th March 2024 By: Martin Creamer

Okiep Copper Company, which mining company Newmont established in 1937, is today one of the 100%-owned subsidiaries of South Africa’s Copper 360, the only pure copper play listed on the... 


An image showing part of Sibanye-Stillwater's Marikana operation
Mining-sector trade unions dismayed by retrenchments
8th March 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
8th March 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Greens Creek in Alaska is the biggest silver mine in the US.
Silver demand growth outpacing production increase
8th March 2024 By: Mariaan Webb

The relentless expansion of solar power installations is triggering a staggering surge in silver demand, which is outpacing production capacity, says US-based silver producer Hecla Mining CEO... 


An image depicting Petra Diamonds CEO Richard Duffy
Petra urges discipline among diamond producers to ensure balanced inventory levels
8th March 2024 By: Sabrina Jardim

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
BMW’s hydrogen-fuelled cars take to local streets for first time
1st March 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserves, no need for ‘dilutionary or delusionary’ M&A
1st March 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


Palladium bars.
Now palladium comes under the Heraeus-Sibanye spotlight to boost hydrogen economy
1st March 2024 By: Martin Creamer

Germany’s Heraeus Precious Metals and South Africa’s Sibanye-Stillwater are partnering to explore new applications for platinum-group metals (PGMs) in the hydrogen economy, with a specific focus on... 


M&R Cementation's mock-up mine
M&R Cementation unveils mock-up underground mine training facility
1st March 2024 By: Marleny Arnoldi

Mining contractor Murray & Roberts (M&R) Cementation has unveiled its new mechanised mining mock-up facility, which serves to provide equipment operators and supervisors with a more realistic... 


Uranium surge to endure – Cameco CEO
Uranium surge to endure – Cameco CEO
1st March 2024 By: Mariaan Webb

The current bullish trend in the uranium market is not just a fleeting moment, uranium major Cameco CEO Tim Gitzel declared on Thursday, stating that the market is driven by global-scale factors... 


An image depicting Ivanhoe Mines co-chairperson Robert Friedland
Parties sign letter of intent to develop multibillion-dollar corridor connecting Guinea and Liberia
1st March 2024 By: Sabrina Jardim

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 


Award for biodegradable cellulose gloves inventor
23rd February 2024 By: Schalk Burger

Industry association Women in Mining Kenya founder Grace Akinyi won the Mining Innovation and Research Battlefield 2024 competition with her 'Eco Green Gold’ concept to produce biodegradable gloves... 


From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal-line criminals identified, must be jailed – Transnet
23rd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


Ivanhoe Mines executive chairperson Robert Friedland.
Crucial to pair agricultural development with mining, Indaba hears
23rd February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now top mining health condition
23rd February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


Trafigura group executive chairperson and CEO Jeremy Weir, Ivanhoe Mines founder and executive co-chair Robert Friedland, and Lobito Atlantic Railway CEO Francisco Franca
Kamoa-Kakula, Trafigura become first Lobito railway corridor customers
23rd February 2024 By: Darren Parker

The Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo (DRC), and commodities trader Trafigura have both signed a term sheet outlining the key terms for a reserve capacity agreement... 


An image depicting IDC COO Joanne Bate
DMRE, IDC establish Junior Mining Exploration Fund
23rd February 2024 By: Sabrina Jardim

The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation of South Africa (IDC) have signed a memorandum of agreement officially establishing the Junior... 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
23rd February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
16th February 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
16th February 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


Kibali gold plant in the Democratic Republic of Congo.
DRC’s green and automated Kibali gold operation highlighted as mining role model on the continent
16th February 2024 By: Martin Creamer

Kibali, the largest gold mine in Africa, is now also one of Africa's greenest and most impressively automated operations, which continues to stimulate local economic development and even provides... 


Generating 1 GW of solar power capacity through photovoltaics requires 685 000 oz of silver.
Miners appeal to Canada to declare silver a critical mineral
16th February 2024 By: Mariaan Webb

Executives from Canadian and international silver mining producers operating in the country have appealed to government to recognise silver as a critical mineral. In a letter addressed to Energy... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


Lithium project delays on the cards as demand  growth decelerates on the back of subdued EV sales
Lithium project delays on the cards as demand growth decelerates on the back of subdued EV sales
16th February 2024 By: Mariaan Webb

The lithium market is entering a period of transition, with the once-unstoppable demand growth for the key battery material now decelerating as the market matures and electric vehicle (EV) sales... 


Errol Smart
Yet another promising forward nudge for N Cape copper revival
9th February 2024 By: Martin Creamer

South Africa’s prospective Northern Cape province on Tuesday received yet another promising forward nudge along the road to copper-revival in the form of development obstacles being moved out of... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor pact already boding well – RBCT
9th February 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


An image depicting AECI Group CEO Holger Riemensperger
AECI outlines new strategy as it celebrates centenary anniversary
9th February 2024 By: Sabrina Jardim

JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its... 


VR8 MD and CEO John Ciganek.
Vanadium junior has expansive plans for long-life operation, mulling JSE listing
9th February 2024 By: Martin Creamer

Keep an eye on Vanadium Resources (VR8). It’s a motivated ASX-listed, JSE-mulling junior that is thinking expansively in line with the potentially very long-life mine that it is setting out to... 


Langer Heinrich was placed on care-and-maintenance in 2018. The mine will resume operations in the first quarter.
Langer Heinrich restart faces minor delay, costs tweaked
9th February 2024 By: Mariaan Webb

After more than six years of care-and-maintenance, the Langer Heinrich uranium mine, in Namibia, has restarted production activities and while Paladin Energy continues to target first commercial... 


Barrick CEO Mark Bristow
Barrick speeds up Zambia copper mine expansion
9th February 2024 By: Mariaan Webb

The Lumwana copper mine’s Super Pit expansion project has been accelerated with initial production now scheduled for 2028, Barrick president and CEO Mark Bristow said on Tuesday. The project will... 


RMB, Clairfield International ink partnership deal
9th February 2024 By: Tasneem Bulbulia

Europe-based global corporate finance partnership Clairfield International and FirstRand Bank division Rand Merchant Bank (RMB), have formally agreed to partner, marking both firms’ commitment to... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker wellbeing at Copper 360
2nd February 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


The new BASF HERAEUS Metal Resource recycling facility in China.
New platinum group metals recycling facility opens in China
2nd February 2024 By: Martin Creamer

A new platinum group metals (PGM) recycling facility has opened in China, where the autocatalyst recycling market is expected to grow at the rate of 18% a year. Recycled PGMs are calculated to... 


Gautam Adani
Call for lower prices of green hydrogen
2nd February 2024 By: Bloomberg

Billionaire ports-to-coal tycoon Gautam Adani has called for a renewed global focus on lowering green hydrogen prices to spur the clean fuel’s adoption in emissions intensive industries. Lowering... 


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