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Mining News

Senala Phase 1 and 2 drilling results point to continuation of Faré mineralisation trend

By: Donna Slater     17th September 2021 Aim-listed West Africa-focused explorer Oriole Resources reports that the final four holes drilled at its 472.5 km2 Senala project, in Senegal, has returned its best gold mineralisation grading yet of 8 m at 1 g/t from 112 m, which includes 1 m at 2.22 g/t and 2 m at 1.43 g/t. The drilling,... 

Fancamp to become cornerstone investor in ScoZinc

By: Creamer Media Reporter      17th September 2021 TSX-V-listed ScoZinc Mining and Fancamp Exploration have terminated a previously announced arrangement agreement and, instead, the companies entered into a new agreement whereby Fancamp will become a cornerstone investor in ScoZinc. Fancamp will invest in ScoZinc by way of a C$1.3-million... 

Rio rolls out vaccine clinics

By: Esmarie Iannucci     17th September 2021 Diversified miner Rio Tinto this week officially opened the Covid-19 vaccination clinic, in Tom Price, aimed at boosting vaccination rates in the Pilbara. The clinic has been set up in partnership with the Western Australian government, and will operate through to September 21, but would return... 

Eneos, Fortescue to study Japan-Australia hydrogen supply chain

By: Reuters     17th September 2021 Japanese refiner Eneos Holdings and a unit of Australia's Fortescue Metals Group will examine collaborating on development of a green hydrogen supply chain between the two countries, it said on Thursday. Green hydrogen is a zero-carbon fuel made by using renewable power to split water into... 

Easter Iron raises funds

By: Esmarie Iannucci     17th September 2021 Junior Eastern Iron will raise A$3.57-million in a share placement, which will include a A$1.05-million share subscription from China’s Ya Hua International Investment and Development. The placement will be undertaken under the company’s existing placement capacity, and will be priced at 2.3c... 

West Rand gold, junior mining, Pan African make headlines   

17th September 2021 This week, Mining Weekly Editor Martin Creamer unpacks West Wits Mining reviving a West Rand underground gold mine; the unexpected consequence that is causing South Africa’s junior mining dearth; Pan African's plans to reduce its reliance on Eskom for electricity.   

Photo of Martin Creamer
West Rand gold, junior mining, Pan African make headlines

Zinc output set to recover this year, says GlobalData

By: Marleny Arnoldi     17th September 2021 Data and analytics company GlobalData says zinc production is set to recover by about 5.2% this year, reaching 12.8-million tonnes, from a 5.9% decline in 2020, to 12.1-million tonnes. Looking at production over 2021 to 2025, the company forecasts a compound annual growth rate of 2.1% and for... 

US miners decry mineral royalty plan floated in Congress

By: Reuters     17th September 2021 US mining companies are blasting proposals in Congress that would set royalties for copper, lithium and other minerals extracted from federal land, with executives saying the measures would hurt domestic production of the building blocks for solar panels, electric vehicles and other green... 

An image of the US Capitol building

Alrosa undertakes study following interaction between kimberlite and carbon dioxide

By: Donna Slater     17th September 2021 Russia-based diamond miner Alrosa has completed the first phase of a study, set to continue into 2023, into kimberlite’s ability to absorb carbon dioxide (CO2) from the atmosphere. This follows preliminary studies undertaken by Alrosa and Russian research centres showing a degree of interaction... 

An image of diamond sorting

West Wits working to increase WBP resource

By: Esmarie Iannucci     17th September 2021 ASX-listed West Wits Mining on Friday said that it would begin the process of obtaining a new prospecting right to the south of the recently granted mining right at its Witwatersrand Basin project (WBP), in South Africa. “We are confident that we will be able to comply with the prospecting right... 

Shipping disruptions delay Syrah shipments

By: Esmarie Iannucci     17th September 2021 Graphite miner Syrah Resources on Friday told shareholders that disruptions to the container shipping market has forced the company to delay some 12 000 t of natural graphite sales from its Balama operation, in Mozambique, from late September to early October. The company noted that natural... 

Venture suspends ops at Riley

By: Esmarie Iannucci     17th September 2021 ASX-listed Venture Minerals has temporarily suspended mining operations at its Riley iron-ore mine, in Tasmania, while it undertakes a review of the operation in order to identify cost efficiency measures. The suspension of operations comes after the mine achieve its first iron-ore shipment of... 

Image shows iron-ore export vessel

Kirkland Lake pays another dividend

By: Esmarie Iannucci     17th September 2021 Triple listed gold miner Kirkland Lake Gold has announced a dividend payment of 18.75c a common share for the third quarter of 2021, which will be issued on October 13. The miner told shareholders on Friday that the latest dividend payment represented the eighteenth quarterly dividend payment... 

Magazine round up | 17 September 2021 

17th September 2021 A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Magazine round up | 17 September 2021
Magazine round up | 17 September 2021

Harmony reaches wage agreement with five unions

By: Marleny Arnoldi     16th September 2021 Trade unions Solidarity, the Association of Mineworkers and Construction Union, the National Union of Mineworkers, Uasa and the National Union of Metalworkers of South Africa have reached a three-year wage agreement with JSE-listed Harmony Gold. The agreement makes provision for a 6% salary... 

Harmony's Doornkop mine
Harmony's Doornkop mine

Bush clearing, shaft rehab under way at West Wits gold revival project  

By: Martin Creamer     16th September 2021 Australia-listed West Wits Mining, which is considering a secondary listing on the JSE, has commenced bush clearing and old shaft rehabilitation west of Johannesburg, as part of its far-reaching revival plans for an area where gold mining took place as recently as 20 years ago. West Wits Mining,... 

West Wits MD Jac van Heerden. Submitted picure.
West Wits Mining MD Jac van Heerden interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Russia may change tax for steel raw materials, fertilisers, Nornickel

By: Reuters     16th September 2021 Russia may set a new mineral extraction tax (MET) linked to global prices for the country's producers of iron ore, coking coal and fertilisers, as well as complex ore mined by Nornickel, four sources at companies familiar with talks told Reuters. Moscow has been searching for additional proceeds... 

Operating in remote regions presents ‘golden opportunity’ for miners to improve lives – Barrick

By: Donna Slater     16th September 2021 Implementing its environment, social and governance (ESG) policies in remote regions in the Democratic Republic of Congo (DRC) has presented Barrick Gold with a “golden opportunity” to improve people’s lives in a challenging region, says Barrick Gold DRC country director Cyrille Mutombo. He spoke... 

ERG and NFC China to build special coke plant in Kazakhstan

By: Creamer Media Reporter      16th September 2021 Eurasian Resources Group (ERG) and China Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC China) have signed an engineering, procurement and construction (EPC) contract to build a special coke plant at Shubarkol Komir in Kazakhstan. The new 400 000 t/y plant will produce a... 

Queen’s Virtues coin series now features platinum

By: Marleny Arnoldi     16th September 2021 The Treasury of St Helena and The East India Company have added platinum to its St Helena Queen’s Virtues Series of coins. To provide choice for investors, the companies have included three sizes – 1 oz, 0.5 oz and 0.10 oz – in the 2021 Queen’s Virtues Victory coin range.  

St Helena's platinum Queen's Virtues Victory coin
Treasury of St Helena's platinum Queen's Virtues Victory coin

Vedanta’s Black Mountain Mining ramps up digitalisation efforts

By: Tasneem Bulbulia     16th September 2021 In alignment with underground operations worldwide increasingly digitalising their operations, Vedanta Zinc International's (VZI) Black Mountain Mining's (BMM's) underground operation Swartberg is also embarking on digitalisation efforts. VZI, a grouping of zinc assets located in South Africa and... 

Roundtable hears views on South Africa’s hydrogen progress, JSE mulls metals exchange

By: Marleny Arnoldi     16th September 2021 Mapungubwe Institute for Strategic Reflection (Mistra) on September 15 hosted its sixth annual platinum group metals (PGMs) roundtable, placing emphasis on the progress achieved thus far in developing hydrogen opportunities in South Africa. Political strategist Joel Netshitenzhe, as the first... 

Hydrogen fuel cell truck

Orion welcomes IDC’s support at Okiep

By: Marleny Arnoldi     16th September 2021 South Africa’s Industrial Development Corporation (IDC) has indicated its intention to partner with JSE- and ASX-listed Orion Minerals on the development of the Okiep copper project, in the Northern Cape. As it stands, the IDC is a 43.75% shareholder in Southern African Tantalum Mining (Safta)... 

Rio in a tax war with ATO

By: Esmarie Iannucci     16th September 2021 Mining major Rio Tinto on Thursday said that it would dispute a A$352-million penalty by the Australian Taxation Office (ATO). The ATO in March this year issued the miner with an amended assessment of of A$359.4-million primary tax and A$47.1-million of interest, related to the denial of... 

ABB launches solutions for zero-carbon mining

By: Esmarie Iannucci     16th September 2021 Global technology company ABB has released a portfolio of solutions that will help accelerate the move towards a zero-carbon mine. Dubbed ABB Ability eMine, the portfolio comprises electrification technologies which makes the all-electric mine possible from mine to port and is integrated with... 

Gemfields records strong six-month performance

By: Tasneem Bulbulia     16th September 2021 JSE-listed Gemfields expects to report a net profit after tax of $23.8-million for the six months to June 30, compared with the $56.7-million net loss after tax reported for the comparative six-month period in 2020. In rand terms, the net profit after tax is expected to be R346-million. 

Jindalee positive on McDermitt future

By: Esmarie Iannucci     16th September 2021 An initial scoping study into the McDermitt lithium project, in Oregon, has confirmed that the project could support a viable stand-alone lithium mining and processing operation. ASX-listed Jindalee Resources said on Thursday that the study had confirmed the potential to produce high quality... 

Bradespar to distribute about $1bn in Vale stock to shareholders

By: Reuters     16th September 2021 Brazilian holding company Bradespar, one of the largest shareholders in miner Vale SA, said it will distribute 5.2-billion reais ($990-million) in Vale shares to its shareholders, reducing its capital. In a securities filing late on Tuesday, Bradespar said the proposal will be put to a vote at... 

Vulcan completes first part of capital raise

By: Esmarie Iannucci     16th September 2021 ASX-listed Vulcan Energy has completed a A$200-million share placement to advance its Zero Carbon lithium project, in Germany. The company earlier this week announced plans for a A$220-million capital raise, consisting of a A$200-million share placement to sophisticated, professional and... 

American Pacific doubles Tuscarora size, reports grades of 21 032 g/t gold

By: Creamer Media Reporter      16th September 2021 Exploration and development company American Pacific Mining on Wednesday announced a transaction that effectively doubles the size of its Tuscarora land package, in Nevada. The company would acquire the assets of project generator Ubica Gold, gaining 77 claims (76 unpatented and one patented) at... 

An image of a signpost for the Tuscarora project.

A$700m Vickery coal extension project gets enviro clearance

By: Esmarie Iannucci     16th September 2021 Federal Environment Minister Sussan Ley has approved coal miner Whitehaven Coal’s A$700-million Vickery Extension project, in New South Wales. Ley’s approval follows the New South Wales Independent Planning Commission approving the project in August of last year. 

Funding provided to Stanewell's hydrogen study in Qld

By: Esmarie Iannucci     16th September 2021 The Australian government is providing up to $2.17 million through the Australian Renewable Energy Agency (ARENA) to support the A$10.5-million into the study for a large-scale hydrogen electrolyser and liquefaction facility in Gladstone, Queensland. Energy infrastructure business APA Group this... 

Nuclear subs could be pathway to decarbonising - MCA

By: Esmarie Iannucci     16th September 2021 Australia would need to consider the next generation of nuclear technologies as part of its efforts to reduce emissions, the Minerals Council of Australia (MCA) said this week. MCA CEO Tania Constable on Thursday pointed out that while Australia has one third of the world’s uranium supplies,... 

WA joins Future Fuels CRC

By: Esmarie Iannucci     16th September 2021 The Western Australian government has joined the Future Fuels Cooperative Research Centre (CRC), as part of its efforts to becoming an industry leader in hydrogen. The Future Fuels CRC is an industry focused research, development and demonstration partnership supporting the decarbonisation of... 

Govt calls for JMEI inputs

By: Esmarie Iannucci     16th September 2021 The federal government has called for consultation in the impact of the Junior Minerals Exploration Incentive (JMEI), which is helping to fund the exploration of new resource deposits. Federal Resources Minister Keith Pitt said that the consultation process was an opportunity for companies to... 

Siviour gets major project status

By: Esmarie Iannucci     16th September 2021 ASX-listed Renascor Resource’s A$209-million Siviour battery anode material operation, in South Australia, has been granted Major Project status by the federal government. Minister for Resources and Water Keith Pitt said the Siviour project is expected to support over 100 new jobs during the... 

Top lithium producer Albemarle, union in Chile reach agreement, ending strike

By: Reuters     16th September 2021 Albemarle, the world's top lithium producer, said on Wednesday it had reached a labor contract deal with a union at its Atacama salt flat plant, ending a month-long strike that had inflamed tensions between workers and the company. The 135-member "Albemarle Salar" union, which comprises about... 

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