R/€ = 13.78 Change: -0.09
R/$ = 13.02 Change: -0.12
Au 1255.15 $/oz Change: -1.92
Pt 1031.00 $/oz Change: 3.00

Martin Creamer

Martin Creamer

Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.

Tel: +2711 622 3744


Price weakness stemmed from excess capital dole out – Glencore

27th February 2017 The commodity price weakness from 2012 to 2015 was the result of an over-allocation of capital from 2006 to 2012, Glencore CEO Ivan Glasenberg told an American audience on Monday. In an address to the BMO Metals and Mining Conference, in Miami, Glasenberg said that capital over-allocation in the... 

Froneman shows Sibanye off in US as Stillwater deal advances

27th February 2017 Sibanye CEO Neal Froneman on Monday showed off the low-cost performance of this gold and platinum-mining company to a top-level audience in America at a time when the South African company’s proposed acquisition of Stillwater Mining Company of the US is edging forward. In an address to the BMO... 

On-The-Air (24/02/2017)

24th February 2017 An investment of billions of rands is on the cards for the deep Mponeng gold mine on the Far West Rand; Discussions are under way between Germany and South Africa for the introduction of fuel cell buses; and A new national rail strategy is being drafted to give direction to the underperforming... 

Bob Smith

24th February 2017 This week we feature Bob Smith, a consultant at Goldplat, the London Aim-listed company that recovers gold from mine waste in Souith Africa and Ghana 


24th February 2017 Anglo American Platinum (Amplats) CEO Chris Griffith, who appeared at last month’s presentation of results in a wheelchair, was injured by a Cape buffalo while on vacation, the company has told Reuters. "While he was on holiday, he had an encounter with a buffalo and sustained injuries,” the... 


24th February 2017 On June 27, 2016, the US Securities and Exchange Commission (SEC) voted to approve regulations to implement Section 1504, or the Cardin-Lugar Amendment, of the 2010 Dodd-Frank Financial Reform and Consumer Protection Act. Section 1504 requires any oil, gas or mining company filing an annual... 

South32 to decide on major SA coal extension project in June

24th February 2017 A decision will be taken in the June quarter on go-ahead for the Klipspruit Life Extension coal project in Mpumalanga, which is said to have robust economics. The original BHP Billiton capital expenditure (capex) of more than $500-million for the two-year development has been more than halved... 

DRDGold spends R26m in six months on environmental restoration

24th February 2017 Johannesburg is probably one of the world’s best examples of unintended sustainable development, where almost accidentally the mining economy has been fully replaced by another larger economy. This is because mining took place for long enough to allow for the emergence of services industries such... 

Kumba applying exploration to beneficiation technology

24th February 2017 South Africa’s biggest iron-ore mining company Kumba Iron Ore intends maximising the return potential of its assets through productivity initiatives, accompanied by ongoing robust cost management. It intends ensuring disciplined capital allocation, prioritising the reinstatement of dividend... 

Glencore’s DRC copper top-up wins analyst thumbs up

24th February 2017 Diversified mining and marketing company Glencore has bought the remaining 31% stake in Mutanda Mining for $922-million and a further 10.25% stake in Katanga Mining for $38-million from Dan Gertler’s Fleurette Group, the company’s joint venture partner. The all-cash transaction will result in... 

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