Ferrous Metals

Sibanye-Stillwater CEO Neal Froneman.

Sibanye advances carbon neutrality with first utility-scale renewable energy project

29th May 2023 By: Martin Creamer

In its first power purchase agreement, platinum group metals, green metals and gold producer Sibanye-Stillwater has achieved financial close for an 89 MW wind energy project. Under the terms of the... 

EQ Resources awards A$179m mining contract at Mt Carbine

29th May 2023 By: Esmarie Iannucci

Tungsten developer EQ Resources has awarded a A$179-million contract to NRW subsidiary Golding Contractors to restart openpit mining at the Mt Carbine tungsten mine, in Queensland. The scope of... 

Metals markets face grueling summer as Chinese demand falters

26th May 2023 By: Bloomberg

Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived below $8 000 a ton and iron ore is trading south of $100 after metals... 

Menar MD Vuslat Bayoglu.

Construction phase of Menar’s new R600m colliery project is in full swing

26th May 2023 By: Martin Creamer

The construction phase of the new Gugulethu Colliery is in full swing. “We’ve started working on the box cut with the anticipation that first coal will be extracted sometime around July/August this... 

Cleveland-Cliffs gains Minnesota approval for iron-ore leases

26th May 2023 By: Mariaan Webb

The Minnesota executive council has approved the leases for more than 2 600 acres of iron-ore at the Nashwauk mine site, resolving years of uncertainty regarding Hibbing Taconite’s mine life,... 

NWR wins A$54m Rio contract

26th May 2023 By: Esmarie Iannucci

Mining major Rio Tinto has awarded ASX-listed NRW Holdings a A$54-million contract at its Western Range mine site in the Pilbara. Under the contract, NRW Holdings subsidiary Primero will be... 

BHP confident China property recovery will boost metals demand

BHP confident China property recovery will boost metals demand

25th May 2023 By: Bloomberg

BHP Group is confident China’s troubled property market will turn around in coming months, despite gloomy economic signals pushing iron-ore and copper prices back to levels last seen during the... 

ICMM President and CEO Rohitesh Dhawan.

Guidance on how mining should manage human rights impacts updated

25th May 2023 By: Martin Creamer

Updated guidance to help mining companies improve how human rights impacts are managed across the globe has been published by the International Council on Mining and Metals (ICMM).  ICMM members... 

Tsodilo becomes a ResponsibleSteel member

24th May 2023 By: Creamer Media Reporter

Exploration company Tsodilo Resources has been accepted for membership in the ResponsibleSteel organisation – a global not-for-profit multistakeholder standard and certification initiative whose... 

Aboriginal group says remediation at Juukan rock shelters has begun

24th May 2023 By: Reuters

The Aboriginal group whose rock shelters Rio Tinto destroyed for an iron ore mine three years ago said remediation efforts have begun at the site under a co-management model that gives them more... 

Green transition's exponential demand for metals, minerals.

Mining council zeroing in on aluminium, copper, silicon, steel in accelerating circular economy

23rd May 2023 By: Martin Creamer

In setting up to accelerate a global circular economy, the International Council on Mining and Metals (ICMM) will be focusing on the value chains of wind turbines and solar photovoltaic panels and... 

Vale moves ahead with $2.7bn Amazon mining expansion in clean-steel bet

Vale moves ahead with $2.7bn Amazon mining expansion in clean-steel bet

23rd May 2023 By: Bloomberg

Vale is plowing ahead with a $2.7-billion investment to expand iron output in Brazil’s Amazon, betting demand for high-grade ore will stay strong in an overall softer market. At the world’s... 

University of the Witwatersrand’s Wits Mining Institute DigiMine Laboratory head Ahsan Mahboob.

Sibanye-Stillwater funding Wits University’s carbon storage brainstorming ‘techathon’

22nd May 2023 By: Martin Creamer

Johannesburg- and New York listed platinum group metals, green metals and gold mining company Sibanye-Stillwater is funding a brainstorming ‘techathon’ on the challenge of storing carbon in... 

Image shows Australian currency

Mining taxes stacking up - report

22nd May 2023 By: Esmarie Iannucci

Australia’s mining industry contributed a record A$63-billion to federal, state, and territory governments in the form of company tax and royalty payments during 2021-22, new data by advisory firm... 

Tharisa CEO Phoevos Pouroulis

Tharisa reports lower yet ‘healthy’ margins

19th May 2023 By: Darren Parker

Despite a 9.1% year-on-year drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months ended March 31, platinum group metals (PGMs) producer Tharisa CEO... 

Tharisa PGM and chrome mine

Tharisa receives environmental approval for local 40 MW solar power plant

19th May 2023 By: Darren Parker

Platinum group metals (PGMs) producer Tharisa has received environmental approval (EA) for its 40 MW solar plant project, allowing it to move ahead with the project. “The EA paves the way for us to... 

KWG Resources morphs into Canada Chrome

19th May 2023 By: Creamer Media Reporter

The owner of the Black Horse chromite project, int heh Ring of Fire, has announced that it will amalgamate with its wholly-owned subsidiary Canada Chrome Corporation (CCC). CCC’s assets will be... 

Former Anglo CEO Mark Cutifani

Cutifani to chair Vale’s battery metals board

19th May 2023 By: Bloomberg

Vale SA recruited former Anglo American boss Mark Cutifani to lead an independent board that will oversee its new base metals subsidiary, while flagging “news” on a strategic partner by mid-year.... 

bird's eye view of Afrimat operation in KZN

Afrimat attributes higher revenue to diversification strategy

18th May 2023 By: Darren Parker

Mid-tier openpit mining company Afrimat has reported a 4.9% year-on-year increase in revenue from R4.7-billion to R4.9-billion for the financial year ended February 28.  Speaking at the company’s... 

Keras exits Togo, completes transition to North America-focused company

18th May 2023 By: Creamer Media Reporter

Aim-listed Keras Resources has reached an agreement with the Togo government on the future of the Nayéga manganese project. Keras will no longer pursue an exploitation permit for the project. The... 

Top stock fund wagers BHP, Rio Tinto will weather iron-ore slump

Top stock fund wagers BHP, Rio Tinto will weather iron-ore slump

18th May 2023 By: Bloomberg

A top equities fund manager is backing BHP Group and Rio Tinto, betting they can withstand softer iron-ore prices and will benefit as China’s reopening boosts demand for the commodity. Australian... 

Fortescue redeems A$750m notes

18th May 2023 By: Esmarie Iannucci

Iron-ore major Fortescue on Thursday announced the redemption of its outstanding $750-million 5.125% senior unsecured notes due May 2024. The redemption will be completed on June 1, 2023, with... 

Kumba provides waste management training to local organisations

17th May 2023 By: Tasneem Bulbulia

Iron-ore mining company Kumba Iron Ore’s Sishen mine has provided basic waste management training to local civil society organisations with a keen interest in environmental cleanliness. Organised... 

Outline of the Waterberg project in Limpopo province.

Platinum exploration in Waterberg continues to reveal new potential, says CEO

17th May 2023 By: Martin Creamer

An exploration borehole in a deposit on the northern limb of the Bushveld Complex continues to reveal new platinum group metals (PGM) potential at the Waterberg project in Limpopo province,... 

BHP CEO Mike Henry

Mining requires massive investment to meet demand - BHP

17th May 2023 By: Esmarie Iannucci

The head of diversified miner BHP, Mike Henry, has highlighted the massive investment required in the resources sector to meet global decarbonising efforts. Speaking at the Bank of America 2023... 

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