Новости за 18.08.2022

During a virtual event which commemorated those who lost their lives during the Marikana unrest in August 2012, bereaved families and community representative Joel Lehopa said there has been “no real healing” because no one has taken responsibility or has been held to account over the deaths that occurred. Sibanye-Stillwater, which acquired Lonmin’s assets in 2019, on August 18, through its Marikana Renewal initiative – which is led by the Archbishop of Cape Town Thabo Makgoba – hosted a virtual... Читать дальше...

Coal and renewable energy company Exxaro has built a renewable energy business that is said to be well positioned to contribute significantly to addressing South Africa's electricity deficit. Emphasised by the JSE-listed company is that South Africa's economic growth and social progress depends on energy security, which it is setting out to help to provide. (Also watch attached Creamer Media video.)

Copper prices rose on Thursday for the first time in a week as hopes for solid demand in China offset fears about the pace of interest rate rises and slowing economic growth. Global stock markets fell after US and European central bank officials said inflation pressures were not easing, suggesting interest rates will continue to increase.

Diversified minerals and energy company Exxaro is eyeing green hydrogen, new Exxaro CEO Dr Nombasa Tsengwa disclosed on Thursday when the JSE-listed company reported 147%-higher half-year group earnings before interest, taxes, depreciation and amortisation (Ebitda) of R10 603-million on mainly the 142% increase in coal Ebitda in the six months to June 30. Responding to Mining Weekly on Teams on the possibility of the group entering the green hydrogen space, Tsengwa said: “We know we have to look at it... Читать дальше...

The energy crisis is getting worse, piling pressure on commodities industries that provide the building blocks of the global economy. Energy-intensive sectors such as steel, fertilizers and aluminum – the most widely used base metal – are being forced to close factories or pass on soaring costs. Materials crucial for electric-car batteries and generating solar power are feeling the pinch, too.

TSX-V-listed Canada Nickel has announced assay results from its Deloro property, confirming a second significant discovery from its newly acquired properties. CEO Mark Selby says Deloro now joins the Reid project as another significant, sizeable nickel discovery. “We look forward to continued success as we continue exploration around our regional properties, developing what we believe has the potential to be one of the world’s leading nickel districts.”

This week: Barrick’s Mali trebling solar as renewables stave off high energy prices at Kibali; Royal Bafokeng looking to R1.6bn off-balance-sheet spend on 98 MW solar plant; and, Environmental, social and governance elevating to safety-equalling status

The Brazilian arm of Australia's Aguia Resources hopes to complete building the first phosphate mine in Southern Brazil by late 2023, Aguia Fertilizantes CEO Fernando Tallarico told Reuters on Wednesday. The company expects to get the installation license required to start work around October, he said. Construction will take about one year, and an operating license is needed to begin production, he added.

ASX-listed ChemX Materials on Thursday announced plans to build a A$2.9-million high purity alumina (HPA) pilot plant in Western Australia, after a prefeasibility study (PFS) confirmed the viability of the company’s proprietary HiPurA technology. The PFS was based on a 50 t/y pilot plant, and using data obtained from the ChemX’s successful HPA micro-plant commissioning phase and subsequent operation, the PFS incorporated several work streams and equipment modifications which have led to the design of an appropriately sized pilot plant.

Gold could rally above $2 000/oz next year as inflation remains elevated, underpinning support for the metal often viewed as a traditional hedge against price pressures, an industry veteran said. Given the latest Federal Reserve minutes signal hikes could be deferred or smaller, that indicates “the market is going to have to get used to inflation numbers being much higher for longer,” Jake Klein, executive chairman at Australia’s Evolution Mining, told Bloomberg TV. “That’s good for gold.”

Chile's SQM, one of the world's top lithium miners, reported an almost ten-fold jump in second-quarter net profit late on Wednesday, as demand for the metal used to manufacture electric-vehicle (EV) batteries skyrocketed. The miner's net profit was $859.3-million for the quarter, up from $89.8-million a year earlier, but still slightly below a Refinitiv estimate of $876.41-million.

Coal miner Thungela Resources and State-owned Transnet have agreed to amendments to an earlier long-term coal transportation agreement. This follows after Transnet, through its Transnet Freight Rail (TFR) subsidiary, in April informed coal export parties (CEPs), including Thungela, that a number of circumstances beyond its reasonable control would continue to detract from its ability to perform at its contracted rail capacity for at least six months.

No bodies belonging to informal miners who were reportedly trapped in a tunnel on Zijin Mining's Colombia concession have been handed over to a rescue team, the government of Antioquia province said on Wednesday. Road blocks were set up by the community around the mine in Buritica municipality on August 12 to demand a rescue mission, though no official entity has confirmed anyone is missing. The blockades halted the mine's production.

Chilean State-owned Codelco, the world's largest copper producer, expects to resume construction of mining projects in the coming days after two fatal accidents paused work last month, the chairman of the board said on Wednesday. "We are going to take all the time that is necessary so that all our processes, all our regulations, all the training that is required are in order," Codelco chairman Maximo Pacheco said during a company event launching a fleet of electric busses to transport mine workers.

Diversified resources group Exxaro on Thursday reported increased half-year revenue, earnings and sufficient cash flow to fund capital expenditure and dividends. Group earnings before interest tax depreciation and amortisation (Ebitda) increased by 147% to R10 603-million on mainly the 142% increase in coal Ebitda in the six month to June 30.

Coal miner Whitehaven Coal has joined the chorus of discontent around the Queensland government’s decision to increase coal royalties in the state. Whitehaven this week said that the company did not support the changes to the royalty rates, saying it undermined Queensland’s reputation as an investment destination.

Potash developer Kalium Lakes is hoping to raise A$22-million in a two tranche share placement and up to a further A$8-million in a share purchase plan (SPP) to fund the ramp-up of production at its Beyondie mine, in Western Australia. Kalium Lakes on Thursday said that it had received firm commitments for the two tranche placement, with the first tranche of up to 177.3-million shares to be issued under the company’s exiting placement capacity, raising an initial A$7.1-million.