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Diversified Miners

Glencore's Peru boss Soyer to step down after Volcan sale, sources say
4th September 2024 By: Reuters

lencore's head of Peruvian operations is stepping down from her position, according to two sources with knowledge of the matter. Victoria Soyer Toche, the general manager at Glencore Peru, has... 


Resources Watch
Resources Watch
4th September 2024

This week: Mechanical cutting for mining set to move needle for Master Drilling and, Headwind-hit Implats delivers guided production, controls costs 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Master Drilling, Gold Fields, Electra Mining 2024 make headlines
Master Drilling, Gold Fields, Electra Mining 2024 make headlines
30th August 2024

Mining Weekly Editor Martin Creamer discusses mechanical cutting technology being positive for Master Drilling; developments at Gold Fields's South Deep mine; and Electra Mining Africa 2024 being... 


South Australia was known as ‘The Copper Kingdom’ in the 1840s when copper was first discovered.
South Australia begins assessment of BHP’s copper expansion
30th August 2024 By: Mariaan Webb

The South Australian government has kicked off the application and assessment process for BHP’s proposed expansion of its smelter and refinery at Olympic Dam. If approved, the proposed project... 


An image of South32 CEO Graham Kerr
South32 finishes year strongly, expands capital management programme
29th August 2024 By: Tasneem Bulbulia

Australia-headquartered South32’s financial results for the 2024 financial year were bolstered by an improved operating performance, disciplined cost management and higher prices for its key... 


Dewatering progress at Gemco.
South32 commits $125m to cyclone-hit Groote Eylandt repairs
29th August 2024 By: Mariaan Webb

Mining company South32 is pouring $125-million into repair and remediation work at its Groote Eylandt manganese operation (Gemco) in Northern Territory, following the devastation caused by Cyclone... 


A railway line in KwaZulu-Natal that had to be repaired following a 2021 flood
TFR managing less than half of its maintenance investment requirements
28th August 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements.... 


BHP CEO Mike Henry
BHP doubling down on organic growth with ‘Plan A’
28th August 2024 By: Mariaan Webb

The world’s biggest mining company, BHP, is sticking with its ‘Plan A’ of growing organically, CEO Mike Henry told investors this week. “We have been clear throughout that we are not driven by M&A... 


Gustavo Pimenta
Vale's CEO announcement to curb market speculation, says chair
28th August 2024 By: Reuters

Brazilian miner Vale's decision this week to announce a new chief executive sought to avoid further market speculation over other potential candidates, the company's chairman told Reuters on... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting for mining set to move needle for Master Drilling
27th August 2024 By: Martin Creamer

In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy... 


ICMM, INAP collaborate to help mining operations address water pollution
27th August 2024 By: Tasneem Bulbulia

Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock... 


With EVs being three times as copper-intensive as internal combustion engine vehicles, BHP expects the transport sector to account for over 20% of global copper demand by 2040.
BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler
27th August 2024 By: Mariaan Webb

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 


Significant work has been done on the permanent headframe of the service shaft, the structure of the wet and dry mills.
First production from major BHP potash mine just over two years away
27th August 2024 By: Mariaan Webb

Diversified miner BHP’s $5.7-billion Jansen Stage 1 potash project, in Canada, is advancing swiftly with first production now about two years away. “The team is making excellent progress on... 


The Jimblebar iron-ore mine in Western Australia
BHP’s profit rises 2% as concerns on China demand increase
27th August 2024 By: Bloomberg

BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for... 


Gustavo Pimenta
Brazilian iron-ore miner Vale names CFO Pimenta as next CEO
27th August 2024 By: Reuters

 Brazilian miner Vale on Monday said that current CFO Gustavo Pimenta will become its next CEO, wrapping up a noisy succession process that had seen board members depart amid accusations of... 


ARM warns of an up to 50% y/y decrease in headline earnings
26th August 2024 By: Darren Parker

JSE-listed African Rainbow Minerals (ARM) has warned that its headline earnings for the 2024 financial year are expected to decrease by between 40% and 50% year-on-year to between R4.49-billion and... 


Implats chief technology officer Mark Munroe
Implats exec highlights value of more women working in mining
22nd August 2024 By: Marleny Arnoldi

In opening the second day proceedings of the inaugural Women in Mining South Africa (Wimsa) Symposium, Impala Platinum (Implats) chief technology officer Mark Munroe emphasised the importance of... 


Sibanye CEO Neal Froneman
Sibanye secures €500m green loan to develop its Keliber lithium project
22nd August 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The... 


An image of Sibanye-Stillwater CEO Neal Froneman
Sibanye refinances, upsizes credit facility, concludes R1.8bn gold prepay arrangement
21st August 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has refinanced and upsized its rand revolving credit facility (RCF) from R5.5-billion to R6-billion and has also concluded a R1.8-billion gold prepayment... 


Inaugural symposium explores opportunities, challenges for women in mining
20th August 2024 By: Tasneem Bulbulia

South Africa’s mining industry has made some strides in improving gender parity; however, more needs to be done to bolster this, including tackling issues such as gender-based violence, speakers... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


BHP says strike ends at huge Escondida copper mine
BHP says strike ends at huge Escondida copper mine
16th August 2024 By: Reuters

 A three-day strike at BHP's massive Escondida copper mine in Chile was halted on Friday after management and a large union reached a deal, the miner said, easing concerns about a hit to global... 


Fortescue's liquid hydrogen plant, in Australia
Fortescue starts operating liquid hydrogen plant in Australia
16th August 2024 By: Marleny Arnoldi

Hydrogen solutions developer Fabrum has successfully started operating Australia’s largest liquid hydrogen plant at energy and metals company Fortescue’s Green Energy Hub, in Christmas Creek,... 


The Gugulethu mine where the new Liso Programme is being implemented
Group embraces tech to streamline operations
16th August 2024 By: Halima Frost

The Liso Programme – a power business intelligence (BI) application of diversified minerals and energy company Menar – has positively impacted its operations, says chief innovation officer Cleavon... 


Exxaro CEO Dr Nombasa Tsengwa.
Exxaro expecting interest rates to begin to lower during the remainder of this year
15th August 2024 By: Martin Creamer

Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


Resources Watch
Resources Watch
14th August 2024

This week: Re-opened Rietberg copper mine on way to becoming Copper 360’s cash cow; AngloGold interim dividend up 450%, half-year free cash flow lifts to $206m and, Argentina is the next frontier... 


WiM UK welcomes new chair
9th August 2024

Volunteer organisation Women in Mining UK (WiM UK) has announced the appointment of Gina Jardine as the new chair of the board, following an extensive search process. Jardine succeeds Carole Cable,... 


DEVELOPMENTAL SUPPORT ECOSYSTEM WiMSA has created a community that lends support to women in the mining sector, offers mentorship and career development, understands women’s rights and helps women develop their own personal strength and character
Despite successes, challenges persist
9th August 2024 By: Nadine Ramdass

Despite some progress in empowering women in the mining industry, significant challenges remain, reports lobby organisation Women in Mining South Africa (WiMSA) chairperson Raksha Naidoo. Focusing... 


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