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The Lance uranium project will restart production before the end of next month.

Peninsula Uranium CEO plans to step down

Published: 15 Nov 24

Australia-based Peninsula Energy has confirmed that its MD and CEO, Wayne Heili, will step down next year, triggering the start of a formal succession planning process. Heili’s decision comes as the company continues to make progress on its Lance uranium project in Wyoming, US, though it has slightly revised its 2025 production guidance.

South Africa's Manganese incentive, Barrick's Q3 results, and gold equities underperforming

Published: 15 Nov 24

Mining Weekly Editor Martin Creamer discusses South Africa's impressively low battery manganese incentive price; Barrick’s third-quarter results, which showed that the African region delivered its usual reliable performance; and gold equities continuing to underperform the gold price.

Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand

Published: 15 Nov 24

Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House in January, copper industry participants said. Benchmark three-month copper on the London Metal Exchange (LME) CMCU3 was traded at $8 915 a ton at 08:52 GMT, having shed 8% in less than 10 days since Trump won the US Presidential election.

Australia eyes US climate policy shift for green energy boost

Published: 15 Nov 24

Any move by the Trump administration to change US climate policy could benefit Australia's ambitions to attract greater investment to its critical minerals and green energy industry, Prime Minister Anthony Albanese said on Friday. Australia has rich deposits of copper, vanadium, cobalt and lithium used in electric vehicle batteries. It is competing for global investment to build its clean energy sector, including critical minerals processing.

Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse

Published: 15 Nov 24

A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the court on Thursday. The dam collapse at an iron-ore mine owned by Samarco near the city of Mariana in southeastern Brazil resulted in 19 deaths, left hundreds of people homeless, flooded forests and polluted the Doce River.

Major progresses TSF declassification programme

Published: 15 Nov 24

An additional two tailings storage facilities (TSFs) of Brazilian iron-ore major Vale have been certified as stable, positively progressing from their ‘emergency level’ of classification by the National Mining Agency (ANM). The 5-Mutuca dam, located in Nova Lima, and the Dique de Pedra dam, located in Ouro Preto, both in Brazil, have received a positive Declaration of Stability (DCE), certifying their safety.

A worker wearing full PPE climbing down a LDH truck at teh Kolomela mine owned by Kumba

Proactive safety initiatives embraced by producer

Published: 15 Nov 24

Introduced in the second quarter of 2023, the ‘Leading with Care’ initiative of South African iron-ore miner Kumba Iron Ore, has already had a significant impact on safety performance, the company reports. This proactive measure ensures a continuous focus on key safety trends as part of Kumba’s drive to sustain and improve its workplace safety.

Blasting solution proposed for reactive iron-ore applications

Published: 15 Nov 24

A decline in blast performance at an iron-ore mine in South Africa has led to the investigation of a new mechanism to prevent bulk emulsion breakdown, and to find innovative solutions to address such challenges for the client, reports bulk explosives and blasting solutions company BME. In a recent article in the International Society for Explosives Engineers’ Journal of Explosives Engineering, experts from BME reveal a fascinating encounter with potential acidic sulphate soil (PASS), sharing valuable insights with the mining sector globally.

An image of NextOre's MRA mobile turnkey solution

Solution simplifies ore sorting

Published: 15 Nov 24

Increased metal recovery, reduced waste, improved water conservation and lower energy consumption can be achieved using original-equipment manufacturer NextOre’s advanced sensor system Magnetic Resonance Technology for large-scale ore sorting, which removes reject material prior to processing, reports NextOre sales head Rod Tayler. Established in 2017, NextOre was co-founded by scientific research agency Commonwealth Scientific and Industrial Research Organisation (CSIRO), advisory and investor firm RFC Ambrian and engineering consultancy Worley.

Digital tools poised to transform copper mining

Published: 15 Nov 24

Digital transformation is poised to reshape copper mining through enhancing efficiency, sustainability and decision-making, reports industrial solutions specialist Dickinson Group of Companies (DGC). DGC assists mining operations in navigating the sector’s evolving technological landscape through its DGC MetPro Solutions, equipping mining companies with digital tools and expertise to optimise operations, reduce environmental impact and ensure long-term industry success, says DGC chairman Trevor Dickinson.