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Diversified Miners

Resources Watch
Resources Watch
17th July 2024

This week: Mining’s dormant gold analyser seen as potential gold optimiser with help of today’s tech and, South Africa's mineral endowment, public market advantages must be put to work 


BHP posts second straight year of record iron-ore production, beats estimates
BHP posts second straight year of record iron-ore production, beats estimates
17th July 2024 By: Reuters

BHP Group on Wednesday reported record annual iron-ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto ‘growing with discipline’, says CEO
16th July 2024 By: Mariaan Webb

Australia-headquartered mining major Rio Tinto is continuing to grow in the materials the world needs for the energy transition and is doing so “with discipline”, CEO Jakob Stausholm said on... 


Lundin to pitch BHP on joint bid for copper miner Filo
Lundin to pitch BHP on joint bid for copper miner Filo
15th July 2024 By: Bloomberg

Lundin Mining has approached BHP Group about making a joint bid for copper miner Filo, people with knowledge of the matter said, in a move that could solve fundraising needs for a neighboring... 


Mega deals are likely to attract stiff regulatory scrutiny
Rio Tinto studies potential bid proposal for Teck, Sky reports
12th July 2024 By: Bloomberg

Rio Tinto Group is studying proposals for potential bids for companies including Teck Resources, Sky News reported citing sources it didn’t identify. The company has drawn up a list of potential... 


Photo of Martin Creamer
Public markets, mining collab, gold tech make headlines
12th July 2024

Mining Weekly Editor Martin Creamer discusses the need to put to work South Africa's mineral endowment and public market advantages; the collaboration between Johannesburg-listed Orion Minerals and... 


An image of artisanal miners
Tanzania leads ASM legislation, support
12th July 2024 By: Nadine Ramdass

Tanzania has emerged as a leader in the Southern African Development Community (SADC) region for its progressive and supportive policies toward artisanal and small-scale mining (ASM), demonstrating... 


Resources Watch
Resources Watch
10th July 2024

This week: Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen and, High hopes for potentially game-changing technology at platinum group metal mines 


An image of DigiMine head Dr Muhammad Ahsan Mahboob
DigiMine head graduates with PhD in engineering from Wits
10th July 2024 By: Tasneem Bulbulia

Dr Muhammad Ahsan Mahboob, head of the Digital Mining Laboratory (DigiMine) at Wits University, was awarded his PhD in engineering from the School of Mining Engineering, Wits University, in a... 


Vedanta says it has arranged $250m to settle Zambian copper mine debts
7th July 2024 By: Reuters

Vedanta Resources said on Friday it has arranged the financing it needs to start paying creditors of its Konkola Copper Mines in Zambia as it takes steps to revive operations after regaining... 


Shanghai Platinum Week, PGM tech, SA's GNU make headlines
Shanghai Platinum Week, PGM tech, SA's GNU make headlines
5th July 2024

Mining Weekly Editor Martin Creamer notes that South Africa is expected to be well represented at the Shanghai Platinum Week next week; he discusses the potentially game-changing technology for... 


Worker driving forklift
Minerals Council welcomes small input cost decrease for the mining sector in May
4th July 2024 By: Marleny Arnoldi

Industry body the Minerals Council South Africa says mining input costs rose by 6.6% year-on-year in May, marking a 0.6 percentage point decrease compared with April. The decrease is a positive... 


Kumba appoints new independent nonexecutive director
3rd July 2024 By: Darren Parker

Diversified mining major Anglo American’s Kumba Iron Ore subsidiary has announced the appointment of Neo Violet Mokhesi as an independent nonexecutive director with effect from July 1. She will... 


Rio Tinto builds off-grid solar plant in Canada’s North
Rio Tinto builds off-grid solar plant in Canada’s North
3rd July 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has completed installation of a 3.5 MW capacity solar power plant at the Diavik mine, in Canada’s Northwest Territories. The project represents the largest off-grid... 


Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
28th June 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 


Minerals Council CEO Mzila Mthenjane (left) and VP Paul Dunne.
South Africa will be well represented at Shanghai Platinum Week, Minerals Council assures
28th June 2024 By: Martin Creamer

South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


Photo of Martin Creamer
Hydrogen fuel cell electric vehicles, mining's socioeconomics, Western mining make headlines
28th June 2024

Mining Weekly Editor Martin Creamer discusses the initiative that will boost platinum-based hydrogen fuel cell electric vehicles; the role of mining in South Africa’s socioeconomic wellbeing; and... 


Anglo paid $23.5bn in taxes, economic contributions in 2023
27th June 2024 By: Darren Parker

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Panel explores relevance of listed market for mining capital   
26th June 2024 By: Tasneem Bulbulia

The world is infinitely more complex now, with the energy transition, longer lead times and geopolitical fracturing, than in previous years and this presents challenges and questions around mining... 


Nolitha Fakude, Thuli Madonsela, Mzila Mthenjane and Paul Miller.
Mining central to South Africa’s socioeconomic wellbeing, AGM hears
26th June 2024 By: Martin Creamer

Given its far-reaching multiplier effect, mining is the epicentre of South Africa’s economy and social wellbeing and has been at the heart of its economic progress and development for much of this... 


Resources Watch
Resources Watch
26th June 2024

This week: Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation; and, South Africa now a compelling world investment story, upbeat Orion highlights 


Employees working underground at an Implats mine
Mining sector employment holds up well despite first-quarter decline
26th June 2024 By: Creamer Media Reporter

Following five uninterrupted quarters of job gains, employment in the mining sector declined during the first quarter of this year, the Minerals Council South Africa reports. Citing Statistics... 


Anglo Executive Market Development Head Benny Oeyen
Anglo spearheading exciting new clean hydrogen mobility initiative across Europe
26th June 2024 By: Martin Creamer

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 


Sibanye CEO Neal Froneman
Sibanye CEO says may close metals streaming deal in third quarter
26th June 2024 By: Reuters

Sibanye Stillwater CEO Neal Froneman said on Tuesday it may close a metals streaming, or prepayment, deal to raise the cash it needs to boost its balance sheet in the third quarter. The... 


A solar farm in the Atacama desert
BHP Group's carbon emissions to rise slightly this year
26th June 2024 By: Reuters

BHP Group's operational carbon emissions are set for a "small increase" this financial year, an executive said on Wednesday, as the miner said its path to net zero would not be linear and requires... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Global miners to invest for growth, transformation amid financial pressure – PwC
25th June 2024 By: Simone Liedtke

The financial performance of the world’s Top 40 mining companies is under pressure owing to lower commodity prices and rising costs, which has resulted in revenues falling by more than 7% despite... 


grootegeluk
Exxaro warns of price, production dip in first half
25th June 2024 By: Darren Parker

Diversified miner and renewable energy company Exxaro Resources expects to report lower coal and iron-ore prices, as well as lower production, for the first six months of this year. With respect to... 


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