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Bauxite News
Metro raises A$40m to speed up debt repayments
By: Mariaan Webb 2nd May 2024 Metro Mining, the owner of the Bauxite Hills mine near Weipa, on Thursday announced a successful A$40-million placement that it would use to accelerate debt repayment. The company has received binding commitments from sophisticated, experienced and professional investors to issue 975.6-million... →
Critical minerals, food crops at risk of climate disruption by 2050, report shows
By: Darren Parker 30th April 2024 More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report, titled ‘Climate Risks to Nine Key Commodities Report’, shows that the production of copper, cobalt and... →
How 30 years of democracy has transformed South Africa's mining industry 
By: Martin Creamer 25th April 2024 South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s significant advance since the dawning of democracy in 1994. Importantly, South Africa’s highly regarded... →
Minerals Council South Africa setting out to boost local demand for green hydrogen
By: Martin Creamer 17th April 2024 Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The applications that we’re looking at are stationary as well as mobility applications of using hydrogen... →
Rio Tinto reports dip in first-quarter iron-ore shipments
By: Mariaan Webb 17th April 2024 Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather disruptions at ports, leading to a lower stock drawdown, and decreased production from certain mines in... →
Metals spike on LME after Russian supply hit by US, UK sanctions
By: Bloomberg 15th April 2024 Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new restrictions, aimed at curbing President Vladimir Putin’s ability to fund his military, inject major... →
South Africa's science, innovation dept launches circular minerals, metals initiative
By: Darren Parker 11th April 2024 South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative circular economy initiatives focusing on priority economic sectors that were identified by government in... →
DSI technology innovation deputy director general Mmboneni Muofhe
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights 
By: Martin Creamer 10th April 2024 There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This initiative has ballooned to 150 multinationals companies from its modest 13-leader 2017 launch at the... →
Hydrogen economy, platinum group metals go together.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro 
By: Martin Creamer 8th April 2024 South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up with a utility that supplies them clean water along with a store of cheap and reliable green energy. →
Baatar appointed Rio Tinto COO to spearhead global business development
By: Mariaan Webb 8th April 2024 Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's ascent comes as Alf Barrios, the incumbent COO, prepares for retirement from Rio Tinto. →
Mines investing R46m to put an end to fall-of-ground fatalities
By: Martin Creamer 5th April 2024 South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South Africa with the assistance of its Rock Engineering Technical Committee, and supported by the South... →
Norway’s $1.5tr fund raises concerns with Rio Tinto over mine in Brazil
By: Bloomberg 4th April 2024 The ethics adviser to Norway’s $1.5-trillion sovereign wealth fund has raised concerns with Rio Tinto Group about the environmental impact of a mine in Brazil, reviving questions about the fund’s future role as an investor in the company. The ethics adviser to Norges Bank Investment Management... →
Mechanical cutting is going to be key for mining going forward – Master Drilling
By: Martin Creamer 26th March 2024 Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg Stock Exchange-listed company presented a dividend-yielding set of 2023 full-year results that... →
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
By: Martin Creamer 22nd March 2024 Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become greener as it keeps innovation closest to its rapidly internationalising heart. →
Stage set for mining explosives centenarian to capture global top-three spot
By: Martin Creamer 20th March 2024 The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an enthusiastically applauding audience at the Johannesburg Stock Exchange (JSE), where the newly strategised... →
South32 shuffles Australia lead team deck
By: Creamer Media Reporter 14th March 2024 As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for Australia, will become CEO of GEAR M Illawarra Met Coal when the transaction is completed in the first... →
Metals offer lukewarm reaction to China's economic targets
By: Bloomberg 6th March 2024 Base metals drifted lower as traders assessed China’s 2024 economic goals for clues on the prospects for a significant rebound in the construction sector. Industrial commodities have struggled this year amid a disappointing recovery in the world’s second-largest economy, and investors are... →
Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely
By: Martin Creamer 16th February 2024 Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in KwaZulu-Natal, South32 CEO Graham Kerr assured Mining Weekly in an interview on Thursday, following... →
Human rights a key issue
By: Halima Frost 16th February 2024 Modern slavery risk mitigation data and research company Evidencity says although poor governance is an endemic issue in the mining sector of the Democratic Republic of Congo (DRC), the protection of human rights – primarily those pertaining to the use of child labour – is the greatest challenge. →
Power aggregators seen as key accelerators of South African mining’s energy transition
By: Martin Creamer 13th February 2024 Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining industry. “We think the aggregator model can really accelerate the requirements of the mines to get... →
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
By: Martin Creamer 9th February 2024 Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council has a robust fall-of-ground action plan that targets several dimensions of the biggest contributor... →
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
By: Martin Creamer 6th February 2024 Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because the other diseases have gone down markedly whereas noise-induced hearing loss has not gone down as... →
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
By: Martin Creamer 5th February 2024 In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt nearly 20 times higher to approximately 39%, South Africa President Cyril Ramaphosa highlighted in... →
Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal
By: Reuters 2nd February 2024 Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland, a Australian Federal Court filing showed on Friday. Australia responded to Russia's 2022 invasion of... →
Coal miner Ndalamo pursuing renewable energy, other minerals
By: Martin Creamer 31st January 2024 Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo states this in an Op-Ed in relation to the overarching theme of next week's 2024 Investing in... →
Anglo launches battery raw materials research project with large China recycler
By: Martin Creamer 26th January 2024 South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and battery material recyclers. The purpose of the project with Shenzhen-based GEM is to explore new... →
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
By: Martin Creamer 18th January 2024 The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview with Radio 702 host Clement Manyathela on Thursday. Mantashe disclosed to Manyathela that agreement had... →
Gwede Mantashe
Global mining commits to nature-positive future
By: Martin Creamer 18th January 2024 Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species, ecosystems and natural processes. International Council of Metals and Minerals (ICMM) members have pledged... →
South Africa-linked mining luminaries advising on metals industry greening
By: Martin Creamer 17th January 2024 South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive smelters, toxic chemicals and strong acids. →
Ian Cockerill, Mark Cutifani and Tony O'Neill
Smart wristwatches to uplift mineworker well-being at Copper 360
By: Martin Creamer 16th January 2024 Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper mining company, which is developing the Rietberg copper mine, the first of a dozen copper mining assets... →
Rio Tinto sees gradual recovery in China’s economy in 2024
By: Mariaan Webb 16th January 2024 Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to commodity prices. Increased Chinese policy measures, reduced global recession anxieties and a general... →
JSE presents opportunity for critical mineral miners to access capital
By: Martin Creamer 12th January 2024 Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies raising capital on the Johannesburg Stock Exchange (JSE) to fund their entry into the critical minerals... →
Mining urged to embrace international council’s new Scope 3 emissions guidance
By: Martin Creamer 13th December 2023 All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday. The guidance is a tool to assist mining companies in their engagement with the financial sector,... →
South Africa’s community engagement ahead of global peers, manganese AGM hears
By: Martin Creamer 6th December 2023 The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese mine in South Africa’s Northern Cape, has told its shareholders. The controlling shareholder of the... →
Rio Tinto approves renewable energy project for bauxite operations
By: Creamer Media Reporter 4th December 2023 Diversified miner Rio Tinto has approved a new 12.4 MW solar farm and 8.8 MVa/2.1 MWh of battery storage to provide renewable energy for the Amrun bauxite operations near Weipa, Queensland. The 12.4 MW solar farm and battery storage are part of Rio Tinto’s global decarbonisation strategy and... →
Greenfield investment lagging badly, mining’s contribution to economy halved
By: Martin Creamer 1st December 2023 The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last two decades, Minerals Council South Africa’s latest Facts and Figures 2022 points out. Net fixed... →
New Utshalo has potential to boost mining IPOs, enliven public markets
By: Martin Creamer 24th November 2023 South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far between, liquidity is drying up, and the delisting trend on the Johannesburg Stock Exchange (JSE) must... →
Metro hits record output at Queensland bauxite mine
By: Mariaan Webb 23rd November 2023 The Bauxite Hills mine at Skardon River, in Queensland, has achieved a record production milestone of four-million tonnes, ASX-listed Metro Mining said on Thursday. The record production stands the miner in good stead to achieve its 2023 sales target of 4.5-million to 5-million tonnes, said CEO... →
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