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Martin Creamer

Martin Creamer

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Cashless home loans for migrant mineworkers on way – Teba

     Updated 2 hours 7 minutes ago A system of providing incremental cashless home loans to migrant mineworkers living in distant areas is being implemented. Teba CEO Dr Graham Herbert, who spoke to Mining Weekly Online in the attached video interview on potential improvements to the much-criticised migrant labour system, says... 

Central Rand Gold raising $1.85m to boost surface mining

London- and Johannesburg-listed gold-mining company Central Rand Gold, which is currently being courted by three Chinese suitors, is taking steps to raise $1.85-million in equity capital to boost surface mining production, bring idled underground equipment to surface and reduce staff. The focus... 

CoAL extends mine sale deadline, capital-raise timeframe

The deadline for the disposal of the Mooiplaats colliery by the triple-listed Coal of Africa Limited (CoAL) as well its capital-raising timeframe have been extended out. Johannesburg, London and Sydney-listed CoAL said on Wednesday that it had agreed to give suitor Blackspear Capital more time to... 

Chrome, platinum prices likely to recover – Tharisa

The price of chrome concentrate and the basket price of platinum group metals should recover in 2015, which could mean fourth-quarter profit for the JSE-listed Tharisa Minerals should it achieve its number-one priority of steady state production. Tharisa CEO Phoevos Pouroulis told Mining Weekly... 

Harmony Gold, Newcrest to spend $2.3bn on Golpu feasibility

Gold mining companies Harmony Gold of South Africa and Newcrest Mining of Australia plan to spend $2.3-billion on developing their Golpu deposit in Papua New Guinea. Harmony and Newcrest, which each own 50% of the Golpu project through the Wafi-Golpu Joint Venture, on Monday gave a firm thumbs up... 

Broke Cons Murch antimony mine begins business rescue proceedings

The troubled antimony and gold operation Cons Murch, which is in financial distress, has begun voluntary business rescue proceedings in consultation with the Department of Mineral Resources, JSE-listed Village Main Reef said on Monday. Its decision follows the inability of unlisted Australian... 

Leon Furstenburg

Main Activity of the Company:  People management Date and Place of Birth:  November 1957, Johannesburg Education:  MSc in water engineering, BSc Civil First Job:  Engineer in training in the design branch of the then Johannesburg City Council Size of First Pay Packet:  Can't remember, about R400... 

Ferrochrome smelter uses significantly less electricity

The Lion ferrochrome smelter, owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less coke than conventional smelters and uses significant... 

Secret platinum stocks declining – World Platinum Investment Council

JOHANNESBURG (miningweekly.com) – The volume of vaulted platinum holdings held confidentially is declining, the recently launched World Platinum Investment Council said on Wednesday. The council, which has just published its first quarterly analysis of global platinum supply and demand... 

Mineworker numbers set to fall 8% a year – Teba

JOHANNESBURG (miningweekly.com) – The number of mineworkers employed in gold mining and platinum mining in South Africa is expected to decline by about 8% a year in the next two years, says Teba Limited CEO Dr Graham Herbert. Herbert, who spoke to Mining Weekly Online in the attached video... 

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