Reuters | March 20, 2024 |
Impala Platinum’s Rustenburg operations. Credit: Impala Platinum
Sibanye Stillwater on Wednesday said it has suspended production at its Siphumelele shaft in Rustenburg, which accounts for nearly 4% of its South African platinum group metal output, after an accident damaged surface infrastructure.
The diversified miner said in a statement no injuries were reported from the Feb. 29 incident when an ore collector bin attached to the shaft headgear collapsed to ground, damaging a surface ore conveyor belt system.
The damage to the ore collector bin and collapse of the conveyor system had resulted in the suspension of production from the shaft, Sibanye said.
Investigations into the cause of the incident were underway, while its impact on annual production from the Siphumelele shaft is being assessed, it added.
The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024, approximately 3.5% of Sibanye’s annual output from its South African PGM mines.
(By Nelson Banya; Editing by Louise Heavens)
South32 withdraws Australian manganese output forecast as cyclone shuts major mine
Reuters | March 19, 2024 |
Image courtesy of South32.
South32 withdrew its fiscal 2024 forecast for Australian manganese output on Wednesday after a cyclone disrupted operations at its Groote Eylandt Mining Co (GEMCO) unit.
The diversified miner had initially forecast a production of 3.4 million wet metric tons (amt) of manganese in fiscal 2024, slightly lower than 3.5 million amt produced in fiscal 2023
South32 is the world’s largest producer of manganese, used as a steel additive, and owns 60% of GEMCO while the rest is owned by Anglo American.
Operations at GEMCO were halted due to the impacts of Tropical Cyclone Megan, with initial assessments indicating flooding in the mining pits, the miner said.
The company has also confirmed significant structural damage to the wharf and port infrastructure at the mine with alternative shipping arrangements being evaluated.
“Further assessment of the full impact of the damage is ongoing,” the company said, adding that it will release manganese production forecast along with March quarter production results.
(By Roushni Nair; Editing by Ravi Prakash Kumar)
Reuters | March 19, 2024 |
Image courtesy of South32.
South32 withdrew its fiscal 2024 forecast for Australian manganese output on Wednesday after a cyclone disrupted operations at its Groote Eylandt Mining Co (GEMCO) unit.
The diversified miner had initially forecast a production of 3.4 million wet metric tons (amt) of manganese in fiscal 2024, slightly lower than 3.5 million amt produced in fiscal 2023
South32 is the world’s largest producer of manganese, used as a steel additive, and owns 60% of GEMCO while the rest is owned by Anglo American.
Operations at GEMCO were halted due to the impacts of Tropical Cyclone Megan, with initial assessments indicating flooding in the mining pits, the miner said.
The company has also confirmed significant structural damage to the wharf and port infrastructure at the mine with alternative shipping arrangements being evaluated.
“Further assessment of the full impact of the damage is ongoing,” the company said, adding that it will release manganese production forecast along with March quarter production results.
(By Roushni Nair; Editing by Ravi Prakash Kumar)
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