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Diversified Miners

Glencore Group's Astron Energy refuelling station.
Astron’s a terrific asset, ferrochrome’s helping world to decarbonise, says Glencore
8th August 2024 By: Martin Creamer

Astron Energy, which has successfully rebranded one of South Africa’s transport fuel forecourt networks, is described by Glencore CEO Gary Nagle as being a terrific asset. With the restart to full... 


Copper 360, AngloGold, Glencore make headlines
Copper 360, AngloGold, Glencore make headlines
8th August 2024

Mining Weekly Editor Martin Creamer joins me today to unpack the Rietberg copper mine possibly becoming the cash cow of Copper 360; AngloGold Ashanti's interim dividend improvement and strong free... 


An image of Minerals Council CEO Mzila Mthenjane
Mining industry impacted by challenging environment, but employment prevails
7th August 2024 By: Tasneem Bulbulia

South Africa’s mining industry underperformed in several areas last year owing to considerable challenges; however, employment defied the poor operating environment and grew, industry organisation... 


Copper processing plant in Argentina.
Argentina is the next frontier for copper growth, says Glencore
7th August 2024 By: Martin Creamer

Argentina is the next frontier for copper growth, “no question”, Glencore CEO Gary Nagle highlighted on Wednesday when the London- and Johannesburg-listed diversified mining and marketing company... 


Glencore CEO Gary Nagle.
Glencore highlights strategic achievements, earnings 33% down
7th August 2024 By: Martin Creamer

iversified mining and marketing company Glencore on Wednesday highlighted what it described as “strong strategic achievements for the group over the year to date”. Against the backdrop of lower... 


Glencore ordered to pay $150m by Swiss in criminal probe
Glencore ordered to pay $150m by Swiss in criminal probe
6th August 2024 By: Bloomberg

Glencore was ordered to pay $150-million for failing to take sufficient measures to prevent bribery over its acquisition of mining assets in the Democratic Republic of Congo, Swiss prosecutors said... 


Pan African, Sylvania Platinum, Merafe make headlines
Pan African, Sylvania Platinum, Merafe make headlines
2nd August 2024

Mining Weekly Editor Martin Creamer discusses Pan African’s Mogale Tailings Retreatment project being ahead of schedule and below budget; the Initial output from Sylvania Platinum’s new tailings... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Resources Watch
Resources Watch
1st August 2024

This week: Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize; Seriti’s wind move may be further energy transitioned by solar and, Kumba Iron-Ore says public-private partnership... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto open to big copper buys but cautious of overheated market
31st July 2024 By: Reuters

Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing... 


Sibanye welcomes nature-related disclosure guidance for the mining sector
30th July 2024 By: Schalk Burger

Multinational mineral and metal processing group Sibanye-Stillwater has welcomed the nature-related reporting organisation Taskforce on Nature-related Financial Disclosure (TNFD) sector guidance... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


The Filo del Sol project on the border of Argentina and Chile
BHP expands copper portfolio with strategic South American acquisition and JV
30th July 2024 By: Mariaan Webb

Diversified miner BHP on Tuesday announced a strategic move to expand its copper portfolio by jointly acquiring, with Lundin Mining, an advanced-stage copper exploration project in South America.... 


An office block with the Rio Tinto logo
Rio Tinto iced out by investor advocate ACCR over climate stance
30th July 2024 By: Reuters

An Australian shareholder advocacy group said it would no longer engage with Rio Tinto after the miner lobbied the Australian government to remove a reference to climate change impacts in impending... 


South32’s Illawarra coal sale unconditional
South32’s Illawarra coal sale unconditional
29th July 2024 By: Creamer Media Reporter

All conditions precedent to the sale of Illawarra metallurgical coal to an entity owned by Golden Energy and Resources and M Resources have been satisfied, diversified miner South32 reported on... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,... 


Vale says Q2 net profit triples, iron-ore sales up
Vale says Q2 net profit triples, iron-ore sales up
26th July 2024 By: Reuters

Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its second-quarter net profit soared to $2.77-billion, triple the year-earlier period and above analyst... 


Beneficiation, Seriti Green, iron-ore logistics make headlines
Beneficiation, Seriti Green, iron-ore logistics make headlines
26th July 2024

Mining Weekly Editor Martin Creamer discusses the Minerals Council South Africa's support of beneficiation where the economics make sense; Seriti Resources advancing into wind energy through Seriti... 


Brazil government mulls 'tougher measures and sanctions' on Vale, Minister says
Brazil government mulls 'tougher measures and sanctions' on Vale, Minister says
26th July 2024 By: Reuters

Brazil's government could apply "tougher measures and sanctions" on Vale to combat the mining giant's "arrogant" stance towards the country, Mines and Energy Minister Alexandre Silveira told... 


MAJOR MILESTONE The first batch of concentrate production through the new Kipushi concentrator was achieved on June 14
First ore enters concentrator in DRC
26th July 2024

Two months after completing the construction and the restart of the historic ultrahigh-grade Kipushi zinc/copper/lead/germanium mine in the Democratic Republic of Congo (DRC), diversified miner... 


Sibanye CEO Neal Froneman
Sibanye says US operation recovering from cyberattack impact
25th July 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater confirmed on July 25 that the Columbus metallurgical complex at its US platinum group metals operations has experienced some... 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June.... 


Anglo CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


Resources Watch
Resources Watch
24th July 2024

This week: Petra Diamonds focusing on refinancing $250-million loan notes and, Green ammonia ousting coal in power stations 


The 2015 dam burst caused a wave of toxic tailings that killed 19 people, left hundreds homeless, flooded forests and polluted the Doce river.
BHP must stop funding legal action to halt Mariana dam claim, court rules
24th July 2024 By: Reuters

BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion pound claim over one of Brazil's worst environmental disasters, London's High... 


BHP’s Canada potash mine reaches halfway mark
BHP’s Canada potash mine reaches halfway mark
23rd July 2024 By: Creamer Media Reporter

Diversified mining company BHP’s Jansen potash project has reached a pivotal milestone with construction surpassing the 50% completion mark for Stage 1, with Stage 2 also under way. The project,... 


Metalloys smelter
South32’s South African manganese, aluminium operations deliver solid output
22nd July 2024 By: Darren Parker

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 


Onslow iron-ore project
Anglo sells gold, iron-ore royalties to Australian fund manager
22nd July 2024 By: Marleny Arnoldi

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 


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