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Minister welcomes export inquiry
18th February 2021 By: Esmarie Iannucci

Federal Resources Minister Keith Pitt has welcomed the Trade and Investment Growth Committee’s inquiry into the financial sector’s treatment of Australia’s export industries. The Joint Standing... 


Pretivm lifts travel restrictions at Brucejack
Pretivm lifts travel restrictions at Brucejack
17th February 2021 By: Creamer Media Reporter

Mining company Pretium Resources (Pretivm) has lifted travel restrictions at the Brucejack mine that were implemented after a Covid-19 outbreak was declared last week. At the mine camp, in British... 


Resources Watch
Resources Watch
17th February 2021

This week: Vision Blue helping world to achieve green dream with high-return prospects for investors; Alluvial diamond miners outline way to save fast-shrinking industry; And, Generator supplier... 


Whitehaven profits fall along with coal prices
17th February 2021 By: Esmarie Iannucci

The falling coal prices in the first half of the 2021 financial year has seen ASX-listed Whitehaven Coal swing to a loss in the six months under review. Whitehaven on Wednesday reported a net loss... 


Recovering gold at the Far West Gold Recoveries operation.
DRDGold flies sky high on numbers never seen before
16th February 2021 By: Martin Creamer

Surface gold recovery company DRDGold flew sky high in the six months to the end of December on financial returns never seen before. “We’ve never seen numbers like this. I mean the cash operating... 


Glencore CEO Ivan Glasenberg
Glencore ready to support transition to low-carbon economy – Glasenberg
16th February 2021 By: Martin Creamer

Diversified mining and marketing company Glencore is ready to support the transition to a low-carbon economy, CEO Ivan Glasenberg said on Tuesday when the company reported finishing 2020 with... 


DRDGold CEO Niël Pretorius
DRDGold declares 60%-higher dividend on soaring earnings
16th February 2021 By: Martin Creamer

Surface gold recovery company DRDGold has declared an interim cash dividend on soaring six-month earnings. The operating profits of the Johannesburg- and New York-listed company, headed by CEO Niël... 


BHP coal impairments hit profits
BHP coal impairments hit profits
16th February 2021 By: Esmarie Iannucci

Diversified major BHP has reported solid interim results for the half-year ended June, with both revenues and underlying attributable profit up on the previous corresponding period. Revenue for... 


Mayflower Capital Investments adviser Gerard Kisbey-Green
London listing on way as mining company strives to become green gold producer
15th February 2021 By: Martin Creamer

A Kenyan gold asset with expansion, exploration and green status upside is scheduled to reverse list on the London Stock Exchange in March. The Kilimapesa gold mine, with a declared Joint Ore... 


Sadpo, Vision Blue, PetroSA make headlines
Sadpo, Vision Blue, PetroSA make headlines
12th February 2021

Mining Weekly Editor Martin Creamer unpacks the South African Diamond Producers Organisation's ideas to save the industry, Vision Blue’s high-return prospects for investors and how green hydrogen... 


ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices
ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices
11th February 2021 By: Terence Creamer

Steelmaker ArcelorMittal South Africa (AMSA) return to profit in the second half of its 2020 financial year on the back of steel-shortage-induced price rises that negatively affected many domestic... 


The Brucejack mine
Pretivm restricts travel to Brucejack amid Covid outbreak
11th February 2021 By: Creamer Media Reporter

A Covid-19 outbreak has been declared at the Brucejack mine, in British Columbia, after the number of positive cases at the mine site has risen to 14. Pretium Resources (Pretivm) previously... 


Resources Watch
Resources Watch
10th February 2021

This week: Minerals Council says exploration needed to grow industry; President Cyril Ramaphosa says SA wants to promote greater exploration and beneficiation; and, Murray & Roberts Cementation... 


PetroSA refinery in Mossel Bay
Green hydrogen and powerfuels could revive ailing PetroSA, unlock green steel and create €160bn export platform
9th February 2021 By: Terence Creamer

The combination of South Africa’s world-class wind, solar and land resources, its platinum group metals reserves, as well as its historical experience in industrial-scale synthetic-fuel... 


World Platinum Investment Council Director of Research Trevor Raymond
Platinum group metals outlook: constrained supply, very strong demand growth – WPIC
8th February 2021 By: Martin Creamer

The outlook for platinum group metals (PGMs) is one of constrained supply and very strong demand growth. “You’ve got the entire PGMs suite that is short and that certainly will translate into tight... 


Nersa committee holds back approval on Eskom application to buy short-term power
Nersa committee holds back approval on Eskom application to buy short-term power
5th February 2021 By: Terence Creamer

The National Energy Regulator of South Africa’s (Nersa’s) electricity subcommittee decided, on February 5, not to approve Eskom’s application for the emergency procurement of electricity from eight... 


Orion Minerals, Eskom, Botswana's non-diamond exploration make headlines
Orion Minerals, Eskom, Botswana's non-diamond exploration make headlines
5th February 2021

Mining Weekly Editor Martin Creamer unpacks Orion Minerals’ latest acquisition in the Northern Cape, Eskom supporting increasing the licensing exemption threshold for self-generation to 50MW and,... 


From top left clockwise, Gary Felthun, Roger Baxter, Werner Duvenhage, Mzila Mthenjane, Advocate Thabo Mokoena and Neal Froneman.
Halt to Richards Bay Minerals project depriving South Africa of R100bn
5th February 2021 By: Martin Creamer

Rio Tinto's KwaZulu-Natal mineral sands mining company, Richards Bay Minerals, has got a major project called Zulti South that is fully permitted and fully funded – but is not being developed.... 


Minerals Council health head Dr Thuthula Balfour
Survey shows 21% of South African miners have Covid-19 antibodies – Minerals Council
4th February 2021 By: Donna Slater

The Minerals Council South Africa last year announced plans to undertake a series of surveys to better understand the progression of Covid-19 in local mining operations and it has recently received... 


Woodmac urges renewable energy target reform
4th February 2021 By: Esmarie Iannucci

Advisory firm Wood Mackenzie (Woodmac) has urged the Australian government to look at ambitious long-term renewable energy target (RET) policy to unlock future investments. Woodmac this week noted... 


Botswana president Mokgweetsi Masisi
Botswana intensifying effort to attract non-diamond exploration
3rd February 2021 By: Martin Creamer

Botswana has intensified efforts to digitise and make geoscience information readily available to local and international potential investors in an effort to encourage prospecting for non-diamond... 


R12bn cost of vaccination roll-out ‘immaterial’ relative to Covid’s economic cost
R12bn cost of vaccination roll-out ‘immaterial’ relative to Covid’s economic cost
3rd February 2021 By: Terence Creamer

Having received finer pricing details from Covid-19 vaccine manufacturers over the past month, organised business is currently estimating that it will cost about R12-billion to vaccinate 70% of... 


Resources Watch
Resources Watch
3rd February 2021

De Beers adopts strategy to meet carbon-neutral ambition; Third consecutive year of coal export decline from Richards Bay Coal Terminal; And, Transitioning fossil-fuel labour forces into new... 


Collaboration needed to overcome Covid-19 – mining industry
3rd February 2021 By: Donna Slater

Various mining-affiliated parties met on January 28 to discuss efforts to mitigate the spread of Covid-19 and to help the mining industry, its employees and mining-affected communities to tackle... 


President Matamela Cyril Ramaphosa
We want to promote greater exploration and beneficiation – President
2nd February 2021 By: Martin Creamer

“We want to promote greater exploration and beneficiation of minerals,” President Matamela Cyril Ramaphosa said on Tuesday in his opening address to Mining Indaba Virtual 2021, where he praised... 


Appea urges more reforms
2nd February 2021 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has urged the Australian government to embrace measures for long-term business investment that will ensure sustained job... 


Minerals Council South Africa president Mxolisi Mgojo
‘We need exploration to grow our industry’ – Minerals Council
1st February 2021 By: Martin Creamer

“We need exploration to grow our industry,” Minerals Council South Africa president Mxolisi Mgojo said on Monday during a virtual State of the Mining Nation media briefing in which he described... 


Amec urges funding uptake
1st February 2021

The Association of Mining and Exploration Companies (Amec) has urged explorers to apply for Round 23 of the co-funded exploration drilling program which opened Monday. “The competitive Exploration... 


Weekly Coal Index Report
Weekly Coal Index Report
1st February 2021

As January rolls off the trading calendar, RB1 levels are shifting down towards $85. However, 2021 looks to be a bumper year for SA coal exports. Most Asian countries are ramping up demand as new... 


WA goes into lockdown again
WA goes into lockdown again
1st February 2021 By: Esmarie Iannucci

Fly-in, fly-out (FIFO) mineworkers in Perth would be under lockdown as Premier Mark McGowen announced a five-day lockdown on Sunday. The lockdown was instituted after a hotel-quarantined worker... 


Australia mining employment remains high
1st February 2021 By: Esmarie Iannucci

The mining industry remains an important sector for employment, federal Minister for Resources, Water and Northern Australia Keith Pitt said, pointing to a big increase in the number of... 


Eskom caps 2021 extra-revenue claim at R23bn, but tells court anything less will be ‘disastrous’
Eskom caps 2021 extra-revenue claim at R23bn, but tells court anything less will be ‘disastrous’
29th January 2021 By: Terence Creamer

State-owned power utility Eskom indicated during a court hearing on Friday that it would not seek to recover more than R23-billion in additional revenue through the tariff during its 2021/22... 


Green tech, RBCT make headlines
Green tech, RBCT make headlines
29th January 2021

Mining Weekly Editor Martin Creamer unpacks the green technology boost for African Mining, exports for the Richards Bay Coal Terminal have declined for the third consecutive year and the Richards... 


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