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Vedanta misses Q4 profit estimates on lower prices
25th April 2024 By: Reuters

ndian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 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... 


The QB mine in Chile is ramping up.
Teck increases copper production with QB ramp-up
25th April 2024 By: Mariaan Webb

Canadian mining group Teck Resources has increased its copper production by 74% to 99 000 t in the first quarter, as output increased at the newly-built QB mine, in Chile. The Antamina mine, in... 


Renström in the Boliden area is Sweden's deepest mine
Boliden's profit halves as strikes, bad weather weigh
23rd April 2024 By: Reuters

Swedish miner Boliden's first-quarter operating profit fell more than 50% as bad winter weather, lower mining grades and labour strikes weighed on earnings, it said on Tuesday. Operating profit... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 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... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


The new restrictions are at curbing President Vladimir Putin’s ability to fund his military
Metals spike on LME after Russian supply hit by US, UK sanctions
15th April 2024 By: Bloomberg

Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th 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... 


Zinc
Excess market supply drags zinc prices lower, says BMI
9th April 2024 By: Marleny Arnoldi

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

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... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


An image showing the Newlyn Group unveileng the Newlyn PX Bayhead rail terminal
Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 


Bill Beament says Develop has received an elevated level of interest in Woodlawn
Develop flags potential minority stake sale at Woodlawn
4th April 2024 By: Mariaan Webb

The Woodlawn production restart study has returned “exceptional metrics” for the copper and zinc mine, located about 250 km from Sydney. Energy transition metals company Develop Global has... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


The McArthur River waste stockpile (pictured 2023) remained in tact with no incidents of landslide or collapses reported in the facility.
Glencore assesses cyclone damage at McArthur River mine
26th March 2024 By: Mariaan Webb

After enduring the impact of a cyclone that brought unprecedented rainfall, commodities major Glencore is now initiating the process of restoring its McArthur River zinc and lead mine, in... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


One of Boliden's mines in Sweden
Boliden sees $48m hit to Q1 profit from strike in Finland
22nd March 2024 By: Reuters

Sweden's Boliden expects a hit of around 500-million crowns ($47.6-million) to its first-quarter operating profit from an ongoing industrial strike in Finland, the company said. Of the 500-million... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Glencore-backed Peru zinc miner Volcan halts three mines over permits
Glencore-backed Peru zinc miner Volcan halts three mines over permits
20th March 2024 By: Reuters

Peruvian zinc, lead and silver miner Volcan, backed by global commodities giant Glencore, will halt activity at three of its mines in the country from Tuesday as it works on updating an operating... 


US Deputy Treasury Secretary Wally Adeyemo
Top treasury official stresses US ambitions for Africa’s metals
19th March 2024 By: Bloomberg

US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition –... 


Orion's Prieska mine
Orion pleased with its interim performance
13th March 2024 By: Darren Parker

JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and... 


Metals offer lukewarm reaction to China's economic targets
6th March 2024 By: Bloomberg

Base metals drifted lower as traders assessed China’s 2024 economic goals for clues on the prospects for a significant rebound in the construction sector. Industrial commodities have struggled... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater highlights its full confidence in price-hit platinum group metals
5th March 2024 By: Martin Creamer

While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on... 


Australian exploration trends shifting, impacting search for new deposits - Amec CEO
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
4th March 2024 By: Creamer Media Reporter

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


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