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MiningWeekly.com provides real time news reportage through originated written & video material. Now you can listen to the top three articles on Mining Weekly at the end of each day.

  1. hace 43 min

    Merafe ferrochrome hits 61 000 t year-to-date mark as smelter ramp-up proceeds

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. The Johannesburg Stock Exchange-listed Merafe's attributable ferrochrome production from the Glencore Merafe Chrome Venture of 61 000 t was 46% down in the nine months ended September 30 compared with the corresponding nine months of 2025. The decline in production was primarily attributable to the suspension of production at the venture's Boshoek smelter from May 1 last year and at Wonderkop smelter from May 31 last year, Merafe outlined in a release to Mining Weekly. Following the conclusion of new electricity pricing agreements with South Africa's State-owned electricity utility Eskom in June, there was a September restart of operations at Boshoek and an October restart at Wonderkop. Now, the ramp-up of production at both smelters is expected to continue through the end of the fourth quarter on December 31. The negotiated pricing agreements with Eskom have given full effect to the 62c/kWh tariff approved by the National Energy Regulator of South Africa for the venture, as well as for Samancor Chrome. The revised negotiated pricing agreements' three-year electricity pricing framework is said to be enabling greater operational stability and flexibility. A ferroalloy composed of iron and chromium, ferrochrome is produced by smelting chromite ore with carbon coal and coke sources in electric arc furnaces. More than 80% of ferrochrome is used to give stainless steel resistance to rust, oxidation and wear. Most of the global output of ferrochrome is produced in South Africa, Kazakhstan and India, countries with domestic chromite resources. Meanwhile, Merafe's attributable chrome ore production from the venture for the nine months ended September 30 amounted to 658 000 t, representing a 7% decrease, mainly owing to lower run-of-mine production and a lower feed from upper-group-two reef concentrators. Merafe's attributable platinum group metals concentrate production from the venture during the period amounted to an 8%-lower 10 200 oz owing to lower primary mine production and feed mix.

  2. hace 3 h

    Ontario govt to fast-track Mayfair's Fenn-Gib project under 'One Project, One Process' framework

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. Ontario Energy and Mines Minister Stephen Lecce has confirmed the designation of the fourth major project – Mayfair Gold Corporation's Fenn-Gib gold project – under the province's 'One Project, One Process' (1P1P) framework. The framework forms part of the Ontario government's efforts to protect workers and communities against the impacts of US tariffs. The Ontario Energy and Mines Ministry states that the Fenn-Gib project is a key step in building a fully integrated and self-reliant mining supply chain. The gold project represents a $450-million capital investment and is expected to create 250 good-paying long-term jobs and 450 additional construction jobs, and add $3-billion to the province's GDP, the Ministry notes. "For too long, permitting delays stood in the way of getting Ontario's resources to market. 1P1P is single-handedly changing that – cutting duplication by half and delivering a one-stop shop for mining permitting, including for Mayfair Gold's Fenn-Gib project that will create 700 jobs and add $3-billion to our GDP. "To compete, we must be the best, which is why our government is planning to further accelerate permitting this fall, to get mines built faster, unlocking billions in investment to create more good-paying jobs right here at home," Lecce comments. The project, which will entail the development of an openpit gold mine and on-site processing facility, has an estimated initial mine life of 15 years, once in operation. Through the 1P1P framework, Mayfair expects to secure the permits required to make a construction decision as early as 2028. Construction and commissioning are estimated to take two years, with production to start in 2030. "The 1P1P designation is an important milestone for the project and reinforces Ontario's commitment to responsible, investment-ready mining development. This framework provides greater coordination and predictability as we advance Fenn-Gib through permitting and development, helping move the project closer to construction and the significant employment and economic opportunities it can create for the region," Mayfair CEO Drew Anwyll says. Other projects designated under the 1P1P framework since its launch in October 2025 are Frontier Lithium's world-class PAK project, Kinross Gold Corporation's Great Bear project and Canada Nickel Company's Crawford project.

  3. hace 1 día

    Mine hydropower extolled at Minerals Council climate event

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. By converting excess water pressure into renewable electricity, emissions are reduced, energy efficiency is uplifted and additional value is created from existing mining infrastructure, Harmony Gold strategic lead for climate and integration Mohammed Asmaljee spelt out emphatically at the launch Minerals Council South Africa's inaugural Climate Change Day of Learning, attended by public sector and private sector climate mitigation protagonists. By capturing pressure from chilled water used in underground mining, the Johannesburg Stock Exchange-listed Harmony generates renewable electricity amid the water that travels thousands of metres underground building up pressure naturally for conversion into electricity through hydroelectric turbines. Importantly, this process recovers energy from existing mine infrastructure without additional water consumption. Such energy recovery systems are deployed at Harmony's underground Kusasalethu, Moab Khotsong and Mponeng gold mines, with water continuing through the mine reticulation network ensuring uninterrupted operational use after passing through the turbines. Four Pelton wheel turbines, for example, are supplying electricity directly to Kusasalethu, where a multi-phase hydropower rehabilitation programme has been implemented to improve reliability, performance and monitoring. A Pelton wheel turbine, a type of impulse water turbine invented by Lester Allan Pelton in the 1870s, converts the kinetic energy of moving water into mechanical and electrical power. Seventy gigawatt hours of renewable electricity have been generated since financial year 2024 and 73 000 t of CO2-equivalent (CO₂e) Scope 2 emissions have been avoided, which has improved energy efficiency by recovering otherwise wasted pressure energy. Water temperatures have also been reduced by 1 °C, which has uplifted underground cooling efficiency and lowered cooling demand. "For us, decarbonisation is fundamentally a business challenge. How do we continue to grow our business in both gold and copper while still reducing our emissions," is the question Asmaljee posed, within the context of South Africa advancing towards net zero greenhouse gas (GHG) emissions under the auspices of the Paris Agreement – a stance being taken ahead of COP31, the thirty-first United Nations Climate Change Conference, which is taking place this month in Antalya, Türkiye, from November 9 to 20. "It affects how we think about energy, costs, competitiveness, regulation, and ultimately the long-term resilience of our operations. We are learning as we navigate this complex transition," Asmaljee explained at the event covered by Mining Weekly. Harmony's carbon challenge is driven largely by Scope 2 emissions from electricity bought from State-owned power utility Eskom, and this is a common challenge for deep-level mining in South Africa, where significant electricity is needed for ventilation, cooling, pumping, hoisting, and processing. Though Harmony's Scope 1 emissions are considerably smaller, there are still tremendous opportunities to reduce them through diesel efficiency and other fossil fuel efficiency projects, improved fleet performance, and future electrification. Business growth and portfolio expansion are also influencing the overall emissions of the gold and copper mining company, which owns CSA Copper and Eva Copper in Australia, assets that increase the company's exposure to the critical minerals needed for the green energy transition. Emphasis was placed on growth and decarbonisation needing to happen together. The challenge is to grow while progressively reducing GHG emissions. Up to 2026, Harmony's emissions have remained relatively stable, but from here on, the emissions trajectory is poised to decrease...

  4. hace 1 día

    Sunrise Energy to proceed with New South Wales scandium project

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. ASX-listed Sunrise Energy Metals, which is led by chairperson Robert Friedland and and CEO Sam Riggall, has decided to proceed with the development of the Syerston scandium project, in New South Wales, Australia. The defining feature of this project, the company highlights, is its potential to become the world's first major source of primary mine supply of scandium, thereby establishing a new, scalable and reliable source of production for global end-users. "Our decision to proceed with development of the Syerston scandium project follows extensive technical development, engineering, permitting and commercial engagement, and reflects the board's confidence in the quality of the Syerston resource and the significant market opportunity ahead of us," Friedland says. Sunrise notes that, since the imposition of Chinese critical minerals exports in 2025, scandium supply to key Western markets has "all but ceased". The company adds that its decision to proceed with the development of Syerston represents a significant step towards establishing a secure, large-scale and independent source of scandium supply outside of China, positioning Sunrise to support the development of new technologies and increasingly diversified Western critical mineral supply chains. "Scandium has long been recognised for its exceptional properties and potential across a range of advanced technologies, but its adoption has been constrained by the absence of reliable, scalable supply. "Syerston has the potential to fundamentally change that dynamic by delivering a secure, long-term and primary source of high-purity scadium to global markets," Friedland says. This project is expected to process 64 000 t/y of ore to produce 60 000 t/y of high-purity scandium oxide. The project boasts a high-grade ore deposit, efficient extraction and processing technology proven through extensive pilot testing, a 32-year mine life providing production stability and a good strategic location in New South Wales that provides established infrastructure. The company also highlights that procurement readiness has progressed significantly, with key long-lead equipment packages advanced through tender evaluation and supplier selection processes. Engineering and procurement for this project's water infrastructure has also advanced, including the completion of the State 2 pipeline design, the preparation of construction drawings and the procurement of critical equipment. Sunrise's positive final investment decision has been supported by the conditional commitment of up to $400-million in long-term debt financing from the US Department of War's Office of Strategic Capital and, as of September 30, the company also has $148.1-million in available cash on hand. The company is targeting first production of scandium in the second half of 2028.

  5. hace 4 días

    Climate action and growth need to reinforce each other, Minerals Council event hears

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. Climate considerations are increasingly shaping how business is done, Minerals Council South Africa senior climate specialist Shalendra Subramoney said on Friday, October 30, in launching the council's inaugural Climate Change Day of Learning, attended by public and private sector climate mitigation representatives. "Mining is central to both South Africa's development and the global climate transition. We need to reduce emissions and strengthen resilience while attracting the investment needed to grow a competitive mining sector, sustain and create jobs, support communities, and bolster South Africa's economic development. Climate ambition and economic growth must reinforce each other," Minerals Council senior executive: environment, health, legacies and employment relations Shamini Harrington stated in the keynote address. Mining is an energy-intensive industry with a responsibility to manage and reduce our own emissions and build resilience to the physical impacts of climate change. "At the same time, mining produces the minerals and metals on which electrification, renewable energy, infrastructure and technological development depend. Mining therefore has a dual role - we are part of the transition ourselves, but we are also fundamental to enabling it. That dual role matters significantly for South Africa. "Our country has significant development needs, an urgent requirement for stronger economic growth and investment, and a need for reliable and affordable energy, water and logistics. Mining remains deeply embedded in that economy. In 2025, the sector employed more than 470 000 people, contributed more than R439-billion to GDP and paid R31-billion in taxes," Harrington added. Attendees ranging from established mining companies to junior miners as well as exploration companies, which he described as being very important owing to climate change affecting every part of the mining ecosystem. Even though the challenges and opportunities would differ across companies and commodities, Subramoney pointed out how everyone in their day-to-day work environment was experiencing the way in which climate considerations were increasingly shaping how business was done, as well as influencing investment, competitiveness and market access,. "But we must also recognise that it is also opening opportunities in new technologies, minerals, and green value chains. For South African mining in particular, this discussion on climate change comes at a time when we urgently need investment and growth in the sector to arrest some of the performance declines we've been seeing over the past few years, to strengthen our existing operations and to unlock new opportunities. "It's because of this," – and Mining Weekly as an attendee heard this theme echoed quite strongly throughout event – "that we believe that climate action and growth need to reinforce each other, because a growing investable mining industry is much more better able to decarbonise, to build resilience, and to innovate," Subramoney explained. "While credible climate action increasingly matters to competitiveness and market access, it's also important to note that mining sits on both sides of the transition. "We, as a sector, need to continue reducing our emissions and strengthening the resilience of our operations as well as our host communities – and we need to do this while supplying the minerals and metals that the world needs to enable the transition and we also need to acknowledge the continued role of coal in energy security and in driving industrial activity in South Africa." The Minerals Council's formal launch of 2026 Climate Change Position forcefully reaffirmed its commitment to move into implementation amid the Department of Forestry Fisheries...

  6. hace 4 días

    Spain's Abenojar Tungsten makes London market debut in biggest mining IPO since 2018

    This audio is brought to you by Endress and Hauser, a leading supplier of products, solutions and services for industrial process measurement and automation. Spanish miner Abenojar Tungsten made its official market debut on the LSE's main market on Friday, marking the largest mining flotation by funds raised in London since 2018. Unconditional dealings in the shares, trading under the ticker "ABT," began on Friday, following conditional trading that started when the IPO was priced at 110p a share on Tuesday. The shares opened marginally higher on Friday and were last up 5.9% at 108 pence as of 0827 GMT. The company raised €170-million ($190.4-million) in the biggest mining IPO since Kazakh uranium producer Kazatomprom's £311-million ($417.11-million) listing of Global Depository Receipts in London in 2018. With a market capitalisation of £522 million, Abenojar is on the verge of entering the FTSE 250 index, where the number of miners has risen to five. Abenojar is developing the El Moto project in Abenójar, Spain, one of the largest and highest-grade undeveloped tungsten projects in the world. BMO Capital Markets and Peel Hunt acted as joint sponsors and joint global coordinators, alongside Deutsche Bank, with Canaccord Genuity as a joint bookrunner.

  7. hace 4 días

    Martin Creamer talks about: Inflation impacts, new futures contracts and Southern Palladium

    Mining Weekly Editor Martin Creamer discusses the impact of September inflation on South African mining; platinum and palladium being among four precious metals included in new futures contracts launched in London; and Southern Palladium’s feasibility study on its PGMS project.

  8. hace 4 días

    Customers reaffirm increased 2027 demand for Implats' products

    This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation. Annual contractual negotiations with core customers has reaffirmed increased 2027 demand for the sustainable and responsible supply of all the precious and base metal products of Implats, CEO Nico Muller made clear on Thursday, October 29, when the company published its first-quarter production report. While pricing volatility increased during the period, Muller pointed to Implats' robust platinum group metals (PGM) basket price remaining fully supportive of the continued delivery of the Johannesburg Stock Exchange-listed company's strategic aspirations. In the three months to September 30, PGM pricing continued to be heavily influenced by global macroeconomic news flow, with minor metals outperforming both platinum and palladium. First-quarter production volumes decreased by 3% to 854 000 oz. Managed ventures recorded a 4%-lower 665 000 oz, joint ventures (JVs) a 4%-lower 133 000 oz, and third parties an 8%-higher 56 000 oz. Gross refined and saleable production volumes declined 8% to 763 000 oz, while sales volumes were 6% lower at 796 000 oz. The company was deeply saddened to report the loss of five colleagues during the period, with four of the fatal incidents occurring at Impala Rustenburg and one at Marula. Rail-bound equipment, sulphur dioxide exposure, winches and rigging and fall-of-ground-related risks were fatality-linked. Technology-enabled controls form an important component of the response while additional work is underway to strengthen automated risk monitoring, exception reporting and critical control verification through electronic risk management and safety systems. "Safe production is a non-negotiable and underpins both sustainable operations and value delivery," Muller stated in a release to Mining Weekly. The company is expected to benefit from improved operational resilience and remains on track to deliver previously communicated operational, cost and capital expenditure guidance in financial year 2027. During the quarter, six element (6E) tonnes milled at managed operations retracted by 5% to 6.77-million tonnes and 6E production volumes declined by 3% to 854 000 oz. Production at Zimplats in Zimbabwe benefitted from improved equipment availability, while volumes at Impala Canada were broadly stable. At Impala Rustenburg, milled grade rose marginally to 3.75 g/t on higher grade and declined by 4% overall at managed operations to 665 000 oz. Concentrate production from the Mimosa and Two Rivers JVs declined by 4% to 133 000 oz, while third-party 6E concentrate deliveries to Impala Refining Services increased by 8% to 56 000 oz. Refined 6E production, which includes saleable ounces from Impala Canada and Impala Rustenburg's North Shafts, retraced by 8% to 763 000 oz while 6E refined production from South African processing assets declined by 8% to 605 000 oz. Annual processing maintenance and stock counts were completed on schedule in July, however smelting rates in August were negatively impacted by the fatality at Mineral Processing. In total 135 000 6E oz of smelter throughput was deferred in the period, with the impact on refined production expected between September and November. Owing to both scheduled maintenance and reduced smelter output, excess 6E inventory increased by 95 000 oz from the end of financial year 2026 to 395 000 oz at the end of the period. Sales volumes decreased by 6% to 796 000 oz. At Impala Refining Services, mine-to-market 6E receipts from Zimplats and Marula improved by 1% to 196 000 oz on improved deliveries from Zimplats. Impala Refining Services' receipts from JV operations decreased by 7% to 143 000 oz, while third-party 6E receipts improved by 8% to 56 000 oz. Refined 6E production improved by 6% to 392 000 oz on the allocation of proce...

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