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Diversified Miners

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... 


University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.
Global gold mining major highlights academic partnership with South Africa’s Fort Hare
21st June 2024 By: Martin Creamer

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti,... 


Orion, Thungela, Richards Bay Minerals make headlines
Orion, Thungela, Richards Bay Minerals make headlines
21st June 2024

Mining Weekly Editor Martin Creamer discusses South Africa becoming one of the world’s most compelling short-term investment stories, which is good news for Orion Minerals; Thungela Resources being... 


A generic image of an opencast mine
S America changing tack for in-demand minerals
21st June 2024 By: Lumkile Nkomfe

An emerging trend in Latin America, and South America in general, is the shift from mining certain commodities to mining commodities that are more critical for the energy transition, such as... 


Vale Base Metals chairperson Mark Cutifani
Vale unveils $3.3bn plan to boost copper and nickel output
20th June 2024 By: Reuters

Vale plans to spend as much as $3.3-billion on improvements at its mining operations in Brazil and Canada to boost copper and nickel production capacity over the next four years. The Brazilian... 


Resources Watch
Resources Watch
19th June 2024

This week: Copper 360 on home straight to produce quite a bit of cash, CEO reports; Reserve Bank concern about decline of public markets welcome development; and, Artificial intelligence used to... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


Copper360, public markets, TotalEnergies, Air Products deal make headlines
Copper360, public markets, TotalEnergies, Air Products deal make headlines
14th June 2024

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.
Vale, BHP make new offer on Mariana disaster reparations
12th June 2024 By: Reuters

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


An image of Sibanye CEO Neal Froneman
Sibanye-Stillwater changes covenant flexibility of its credit facilities
7th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 


Photo of Martin Creamer
Water pollution, traceability, exploration fund make headlines
7th June 2024

Mining Weekly Editor Martin Creamer discusses the role that Platinum Group Metal can play against water pollution; traceability in the mining sector and Petra Diamonds progress in this area; and... 


Men and women sitting on a stage in a panel discussion at the 2023 London indaba
Bigger attendance expected
7th June 2024 By: Halima Frost

Following the inaugural London Indaba in 2023, event organiser Resources4Africa (R4A) says this year’s conference aims to garner more attention from investors and the global mining sector. Set to... 


Botswana President President Mokgweetsi Masisi
Botswana may raise De Beers stake as Anglo weighs spin-off
6th June 2024 By: Reuters

The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell... 


The Khumani iron-ore mine
Mining input costs up by 7.2% y/y, Minerals Council says
5th June 2024 By: Darren Parker

The Minerals Council South Africa said on June 4 that its index of mining input costs increased by 7.2% year-on-year, matching the highest rate so far this year, which was recorded in January. This... 


A haul truck operating at a mine site in South Africa
Seventh administration needs to fast-track structural reforms to halt economic decline, Minerals Council says
5th June 2024 By: Darren Parker

The "concerning" economic growth dynamics across the South African mining sector should reinforce the need for the seventh administration, whatever shape it may take, to sustain and preferably... 


BHP CEO Mike Henry
BHP faces a test of patience after $49bn Anglo bid falters
4th June 2024 By: Bloomberg

Days after BHP Group failed to secure the $49-billion takeover of smaller rival Anglo American, investors have one message for CEO Mike Henry — keep your cool. BHP argues it showed restraint in... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM completes strategic investment in Canada’s Surge Copper
3rd June 2024 By: Martin Creamer

South Africa’s diversified mining company African Rainbow Minerals has secured its 15% strategic shareholding in Surge Copper, a Toronto Stock Exchange-Venture Exchange company that is advancing an... 


Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
31st May 2024 By: Mariaan Webb

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


UK politicians urge Anglo to rethink fertiliser project halt
UK politicians urge Anglo to rethink fertiliser project halt
30th May 2024 By: Reuters

UK politicians are calling on Anglo American AAL.L to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting... 


Investors relieved BHP walked from Anglo takeover deal
Investors relieved BHP walked from Anglo takeover deal
30th May 2024 By: Reuters

nvestors welcomed BHP Group's decision to walk away from a $49-billion plan to take over its rival Anglo American, which rejected three proposed offers from the top global miner over the past six... 


BHP CEO Mike Henry
BHP walks away from $49bn pursuit of mining rival Anglo
29th May 2024 By: Reuters

Mining group BHP Group on Wednesday walked away from its $49-billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit.... 


Botswana President Mokgweetsi Masisi
Botswana wants quick separation of De Beers from Anglo, President says
29th May 2024 By: Reuters

Botswana is hoping for a quick separation of De Beers from the Anglo American group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi... 


Anglo American digs in its heels, denies BHP's extension request
Anglo American digs in its heels, denies BHP's extension request
29th May 2024 By: Mariaan Webb

Diversified miner Anglo American on Wednesday denied BHP’s request for more time to engage on a proposed takeover transaction, stating that its fundamental concerns regarding the $49-billion... 


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