Новости за 13.10.2022

When considering how to make environment, social and governance (ESG) a real driving force that helps to shape the work of companies, gold miner Harmony Gold sustainable development group executive Melanie Naidoo-Vermaak believes the real work lies in bringing “different evidence of ESG issues and embedding it within an organisation so that a robust organisation can be built”. This, she says, is critical when aiming to create a balance between the three pillars, as there is a high degree of overlap and integration between the elements... Читать дальше...

Mining production remained in contractionary territory in August, declining at a softer pace of 5.9% year-on-year compared with the 8.2% year-on-year contraction in July, new data published by Statistics South Africa shows. Commenting on this, Nedbank’s Group Economic Unit said that, although this was the softest contraction observed so far this year, production remained dismal relative to 2021, weighed down by deteriorating domestic and global economic conditions.

MMG said it plans to launch international arbitration against Congolese state mining company Gecamines after Democratic Republic of Congo armed forces occupied two concessions near its Kinsevere copper mine. Hong Kong-listed MMG said armed forces entered its Nambulwa mining lease on Sept. 16 claiming Gecamines had signed a research contract for it. MMG staff were able to return to site and continue work from Sept. 28 but the armed forces remained there, MMG said.

Europe's biggest copper smelter Aurubis will charge its European customers a premium of $228/t above the benchmark London Metal Exchange (LME) price in 2023, the company said on Thursday. That is sharply up from a premium of $123/t in 2022. An Aurubis spokesman told Reuters the reasons for the higher premium included expectations of strong copper demand, low inventories, and high costs for energy and transport.

TSX-listed Lundin Mining has announced the passing of board member Karen Poniachik, in Chile. "On behalf of Lundin Mining employees and our board of directors, we extend our heartfelt condolences to Poniachik's family and friends," said chairperson Adam Lundin.

NYSE American-listed United Energy Corp (UEC) has announced that it will buy the development-stage Roughrider project, in the Athabasca basin of Canada, from diversified major Rio Tinto for $150-million in cash and stock. Rio Tinto will receive $80-million in cash and 17 805 815 UEC common shares, valued at $70-million based on the five-day volume-weighted average price of $3.93 a share. The cash component will be fully funded using UEC's existing balance sheet.

The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the CFO at Fortescue Future Industries (FFI) said on Thursday. European nations are pushing to boost renewable energy resources amid an energy crisis to move away from Russian gas. Countries are also looking for ways to cut energy consumption and fill their gas stores in preparation for cooler weather and any cut-off of Russian supplies.

The Queensland Resources Council (QRC) has welcomed the introduction of the Environmental Protection and Other Legislation Amendment (EPOLA) Bill to the Queensland Parliament. The reforms proposed by the EPOLA bill will provide greater certainty for the community and industry, including a proposed change that would give the regulator power to end an environmental impact statement (EIS) process where the proposal was clearly unacceptable and would be unlikely to gain approvals or contravenes laws, as is.

Gold miner Evolution Mining’s Mt Rawdon pumped hydro (MRPH) project has been declared a Coordinated Project by the Queensland government’s Coordinator-General. The MRPH project is being jointly developed by Evolution and ICA Partners to provide up to 20 GWh of renewable energy storage at a critical location in the network. The combination of an existing deep open pit, surrounded by steep hills, with known geotechnical conditions that is only 22km from the state’s major transmission lines makes for a very competitive pumped hydro project... Читать дальше...

ASX-listed BCI Minerals has appointed David Boshoff as MD, starting in November, following the resignation of MD and CEO Alwyn Vorster in July. Boshoff brings more than 20 years’ leadership experience in the mining industry, including the delivery of large capital projects. Between 2019 and 2022, he held the role of COO and then CEO at Bravus Mining and Resources and during this time led the start‐up of the Carmichael coal mine to full production.

The Western Australian Environmental Protection Authority (EPA) has approved a significant amendment to the Earl Grey lithium project, allowing for the construction of a solar plant and changes to the tailings waste disposal methods. Earl Grey is an opencut lithium mine at the abandoned Mt Holland mine site, about 105km south-east of Southern Cross.

The price of importing coal to Europe’s largest ports rose the most since May as a strike in South Africa curtails shipments of the fuel during the middle of an energy crisis. The action by Transnet employees is “lasting longer than anticipated and has started to take a serious toll on exports,” said Alex Claude, CEO of DBX Commodities in London. Coal flows out of South Africa last week were 600 000 tons, the lowest in more than a year, he said.