https://staging3.creamermedia.com
R/€ = 20.3630 Change: -0.0191
R/$ = 19.0903 Change: -0.0037
Au 2363.86 $/oz Change: -27.98
Pt 939.80 $/oz Change: -3.70
 

Silver News

Bowdens gets the go-ahead from IPC

By: Esmarie Iannucci     3rd April 2023 The New South Wales’ Independent Planning Commission (IPC) has approved the development of the Bowdens silver project, subject to conditions of consent. ASX-listed Silver Mines on Monday told shareholders that the IPC approval was the most significant milestone for the company since it took over... 

Mining needs truth-and-reconciliation approach to ESG, says Rifle-Shot’s Naidoo  

By: Martin Creamer     29th March 2023 Mining companies need to approach environmental, social and governance (ESG) principles on a truth and reconciliation footing and be honest about where they are on a scale of one to 10, says Rifle-Shot Performance business development director Dilley Naidoo. Naidoo, who spoke to Mining Weekly on... 

Rifle-Shot Performance Business Development Director Dilley Naidoo.
Rifle-Shot’s Dilley Naidoo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Platinum group metals can boost South African jobs and economic growth.
PGM Industry Day covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Generation finalises offtake term sheet with Glencore

By: Mariaan Webb     28th March 2023 Toronto-listed Generation Mining has finalised an offtake term sheet with diversified major and commodities trader Glencore for copper concentrate, containing copper, palladium, platinum, gold and silver, to be produced at its Marathon palladium/copper project, in Ontario. Glencore will buy an... 

Scotgold stock plunges 60% on going concern uncertainty

By: Mariaan Webb     27th March 2023 London-listed miner Scotgold Resources’ stock crumbled 65% on Monday after the company warned that there is “significant doubt” over its ability to continue as a going concern. The company behind the Cononish gold and silver mine, in Scotland, said that it was in discussions with its offtake... 

The Cononish gold mine in Scotland
The Cononish gold mine in Scotland

Epiroc to deliver $17m worth of new equipment to Kipushi in DRC

By: Darren Parker     23rd March 2023 Original-equipment manufacturer Epiroc has won a large order from mining contractor JCHX Mining and Construction for equipment to be used at an underground mine that is reopening in the Democratic Republic of Congo (DRC). “We look forward to supporting JCHX in making operations at the Kipushi... 

Newmont joins US Dept of Energy’s mine tailings carbon sequestering research

By: Marleny Arnoldi     20th March 2023 Colorado-based diversified miner Newmont has partnered with the US Department of Energy (DoE) to explore a rapid electrochemical mineralisation to form dolomite (REMineD) approach for sequestering carbon in mine tailings. This three-year $4.38-million research and development project will see... 

Ora Banda strikes sales deal in WA

By: Esmarie Iannucci     16th March 2023 Junior Ora Banda Mining has struck a A$10-million agreement to divest of certain non-core Lady Ida tenements, in Western Australia. The company told shareholders that following the completion of the transaction, the purchasers would be granted rights to explore fore and mine gold and silver... 

Banking has crucial role to play in enabling mining to transition to clean energy, says Nedbank CIB 

By: Martin Creamer     14th March 2023 The banking sector has a crucial role to play in enabling mining companies to transition to clean energy fully, says Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo. “Innovative funding structures and sustainable-finance solutions can help... 

Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.
Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.

Fortuna obtains permanent injunction for San Jose EIA

By: Creamer Media Reporter      14th March 2023 The Mexican Federal Administrative Court has granted Canadian firm Fortuna Silver Mines a permanent injunction, allowing the San Jose mine to continue to operate under the terms of its environmental impact authorisation (EIA). Fortuna president and CEO Jorge Ganoza said on Tuesday that the... 

Re-pursue exploration to help re-build South Africa’s economy, says business booster   

By: Martin Creamer     13th March 2023 Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among the ardent messages put over by mining sector performance enhancer Dilley Naidoo, the the director of... 

Dilley Naidoo, Director of Business Development, Rifle-Shot Performance.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Power Metal's planned IPOs delayed

By: Darren Parker     10th March 2023 Metals mining company Power Metal announced on March 10 that its planned initial public offerings (IPOs) are taking longer than expected. In a strategic update, the company cited extensive preparatory work in the pre-IPO process, the need to complete work in all vehicles to enable immediate and... 

Rain halts Capricorn Copper

By: Esmarie Iannucci     9th March 2023 Heavy rainfall has halted production and all non-essential activity at the Capricorn Copper operation in Queensland. ASX-listed 29Metals told shareholders on Thursday that the wet season for northwest Queensland to date had recorded rainfall significantly above average, including some 370mm of... 

Higher commodity prices failing to spur fixed mining investment  

By: Martin Creamer     28th February 2023 The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment consequences, Minerals Council South Africa states in its Facts & Figures Pocketbook 2022. This is... 

South African mining remained a trillion rand industry for the second year in 2022.
South African mining remained a trillion rand industry for the second year in 2022.

Trackless mobile machine safety next big challenge, says Minerals Council  

By: Martin Creamer     27th February 2023 Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South... 

From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.
From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.

Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad  

By: Martin Creamer     23rd February 2023 All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy generation capacity in the country, said Anglo American CEO Duncan Wanblad on Thursday when the London-... 

Anglo American CEO Duncan Wanblad.
Anglo American results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Minerals Council welcomes 125% energy tax break in Budget speech

By: Martin Creamer     22nd February 2023 Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous tax incentives as outlined in the 2023 Budget Speech. The Minerals Council believes there should be... 

South Africa’s hydrogen corridor will create 14 000 jobs, says Anglo Platinum CEO  

By: Martin Creamer     20th February 2023 South Africa’s hydrogen corridor, which has been declared a strategic project, will create 14 000 jobs and consume 63 000 oz of platinum, Anglo American Platinum CEO Natascha Viljoen told Mining Weekly on Monday. Viljoen’s interview by Mining Weekly followed the JSE-listed company’s presentation... 

Anglo American Platinum CEO Natascha Viljoen (left) and FD Craig Miller at the results presentation.
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Darlene Creamer

Opportunity to commercialise greenness of South Africa’s nuclear power, says South32 

By: Martin Creamer     17th February 2023 Nuclear power is part of the green taxonomy in Europe, where South Africa places most of its aluminium products and where most of the price pressures on non-green aluminium are going to arise in the coming years. But, for some reason, nuclear energy is not part of the green taxonomy in South Africa. 

South32 COO Noel Pillay.
South32 COO Noel Pillay.

South32 records one of its highest profits to date  

By: Martin Creamer     16th February 2023 Diversified mining company South32 recorded one of its highest profits to date with half-year earnings of $1.36-billion, underpinned by production growth of 12%. Increased exposure to the metals critical to a low-carbon future, and continued focus on cost efficiencies enabled the Sydney-,... 

South32 CEO Graham Kerr.
South32 results presentation covered by Mining Weekly’s Martin Creamer. Audio: Darlene Creamer.

Peruvian miner Volcan confirms Glencore exploring 23% stake sale

By: Reuters     16th February 2023 Peruvian miner Volcan confirmed on Wednesday that Swiss commodity giant Glencore is exploring a sale of its 23% stake in the South American silver and zinc producer. In a regulatory filing, Volcan said it had received a letter from Glencore stating it had "begun to explore the process of... 

Growing need for critical raw materials highlighted by US, EU policies – Glencore  

By: Martin Creamer     15th February 2023 Recent government policies, such as the US's Inflation Reduction Act and the European Union’s proposed Green Deal Industrial Plan, demonstrate the growing need for critical raw materials through to the end of the decade and beyond, necessitating fresh investment in both primary supply and... 

Glencore CEO Gary Nagle.
Glencore results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hecla set for new silver records in 2023 and 2024

By: Mariaan Webb     15th February 2023 US-based Hecla has achieved its largest silver reserves and second highest production in its history last year and CEO Philip Baker says the company is set for new records in 2023 and 2024. The miner produced 14.2-million ounces of silver and 175 807 oz of gold in 2022, at an all-in sustaining... 

Hecla silver reserves at all-time high

By: Creamer Media Reporter      14th February 2023 NYSE-listed Hecla Mining on Tuesday reported the highest silver reserves in its more than 130-year history, with reserves growing to more than 240-million ounces with the addition of almost 50-million ounces from Keno Hill, in Yukon. On a consolidated basis, the company replaced 14-million ounces... 

An image of the Keno Hill mine in Canada
The Keno Hill mine, in Yukon, Canada.

Green hydrogen moves by China, India boosting outlook for platinum group metals  

By: Martin Creamer     14th February 2023 The firm embrace of the new green hydrogen and hydrogen fuel cell future by China and India is a huge twin boost for Southern Africa’s great platinum group metals (PGMs) endowment, Mining Weekly can today report. Hydrogen technologies have a special relevance for South Africa as most of the PGMs... 

Prime Minister Narendra Modi is intent on making India a global green hydrogen hub.
Photo by Hydrogen Council
Prime Minister Narendra Modi is intent on making India a global green hydrogen hub.

Sustainable mining companies can gain from sustainable finance trends – Webber Wentzel 

By: Martin Creamer     13th February 2023 Mining companies that can demonstrate responsible and sustainable mining practices can set themselves up to take advantage of the current environmental social governance (ESG) and sustainable finance trends, says law firm Webber Wentzel. “In 2023, ESG will continue to gain regulatory traction... 

Webber Wentzel highlights funding opportunity for mining companies that are doing the right thing.
Photo by Creamer Media
Webber Wentzel highlights funding opportunity for mining companies that are doing the right thing.

Just energy transition could spur R1.5-trillion green investment – Cliffe Dekker Hofmeyr   

By: Martin Creamer     10th February 2023 Through the just energy transition investment plan, R1.5-trillion could be invested in South Africa over the next five years in new frontiers of renewable energy, green hydrogen and electric vehicles, says law firm Cliffe Dekker Hofmeyr (CDH). Moreover, with the national state of disaster being... 

New frontiers of renewable energy, green hydrogen and electric vehicles have potential to grow the economy significantly.
New frontiers of renewable energy, green hydrogen and electric vehicles have potential to grow the economy significantly.

Silver Mines raises cash for Bowdens project

By: Esmarie Iannucci     10th February 2023 Silver developer Silver Mines has completed an A$18-million capital raise to progress work at its Bowdens silver project, in New South Wales. The ASX-listed company on Friday reported that it had completed a share placement to institutional, sophisticated and professional investors, issuing some... 

Global renewable energy generation to hit 320 GW this year, Mining Indaba hears 

By: Martin Creamer     9th February 2023 Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told the Investing in African Mining Indaba on Wednesday at an event themed on the comment of former US president John F Kennedy that the moon launch was being undertaken “not because... 

Ivanhoe Mines founder and CEO Robert Friedland.
Ivanhoe Mines founder and CEO Robert Friedland.

Ramaphosa determined to remove all impediments in way of sustained mining growth 

By: Martin Creamer     7th February 2023 The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where he drew full auditorium applause. In addition, Minerals Council South Africa... 

President Cyril Ramaphosa and DRC president Félix Tshisekedi.
President Cyril Ramaphosa and DRC president Félix Tshisekedi.

Mining countries being helped to build critical mineral supply chains

By: Martin Creamer     6th February 2023 The United States of America wants to support mineral producing countries to build enabling environments for investment throughout the critical minerals supply chain and not just focusing on extraction alone. This was stated by US Under Secretary of State for economic growth, energy and... 

Jose W Fernandez addressing a packed Investing in African Mining Indaba auditorium.
Photo by Creamer Media
Jose W Fernandez addressing a packed Investing in African Mining Indaba auditorium.

Ever greater global acknowledgement of need to decarbonise ever more urgently – Anglo 

By: Martin Creamer     6th February 2023 Ever greater acknowledgement is being given to the need to decarbonise global energy and transport systems ever more urgently. At the same time, ever greater global recognition is being given to the fact that many of the products of mining are fundamental to enabling that shift. 

Anglo American CE Duncan Wanblad.
Anglo American CE Duncan Wanblad.

South32 to fund Minsud exploration programme in Argentina

By: Mariaan Webb     6th February 2023 Mineral exploration company Minsud Resources is fully funded to advance its Chita Valley project, in San Juan, Argentina, with a South32 electing to fund another year of exploration in terms of a 2019 earn-in agreement. A subsidiary of South32 will fund the C$9.1-million Year 4 budget and... 

Seriti Green raises need for Africa to appraise vanadium as electricity storage battery metal  

By: Martin Creamer     3rd February 2023 Wind farm builder Seriti Green, which is planning substantial electricity storage capacity at its big renewable energy project in Mpumalanga, has raised the need for vanadium to be appraised as a battery storage metal of choice in Africa owing to the difficulties of sourcing lithium batteries.... 

From left, Layton Nenzinane, Peter Venn and Doug Gain.
Seriti Green Mpumalanga wind farm developers talk to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Proudly South African technology catches eye of fusion project researchers 

By: Martin Creamer     3rd February 2023 Innovative Proudly South African membraneless technology has caught the eye of the engineers involved in the huge global ITER fusion project as a possible solution to recover tritium from tritiated water. The membraneless technology is the brainchild of Hydrox Holdings engineers, based in... 

The Hydrox team (from left) CEO Corrie de Jager, process engineer Jason Cuomo, director/inventor George Anagnostopoulos, and director Paul van de Vyver.
Photo by Creamer Media Chief Photographer Donna Slater
The Hydrox team (from left) CEO Corrie de Jager, process engineer Jason Cuomo, director/inventor George Anagnostopoulos, and director Paul van de Vyver.

Value of US mine production jumps to $98bn – USGS

By: Creamer Media Reporter      3rd February 2023 US mines produced $98.2-billion in nonfuel mineral commodities in 2022, an estimated $3.6-billion increase over the 2021 revised total of $94.6-billion, the US Geological Survey (USGS) announced on Thursday, releasing its yearly mineral commodity summaries report.  The report covers more than 90... 

Ramaphosa to deliver keynote address at Mining Indaba

By: Martin Creamer     2nd February 2023 South African President Cyril Ramaphosa has confirmed his attendance at the Mining Indaba taking place in Cape Town next week, from Monday to Thursday. Ramaphosa, accompanied by eight ministers and three deputy ministers, will deliver a keynote address on Tuesday, 7 February. 

President Cyril Ramaphosa, President of South Africa.
President Cyril Ramaphosa, President of South Africa.

Fresnillo meets 2022 guidance

By: Donna Slater     25th January 2023 London-listed Fresnillo has met its 2022 guidance, producing 53.7-million ounces of silver and 635 900 oz of gold from its mines in Mexico. Silver production was slightly above 2021’s output, with production from the Juanicipio mine and increased volumes of ore processed at Fresnillo, both in the... 

1 2 3 4
5
6 7 8 9

Latest News

more

Latest Videos

more

Press Office

more

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now