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Martin Creamer

Martin Creamer

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

R2.6bn boost for platinum demand

17th July 2018 Platinum demand received a R2.6-billion boost on Tuesday when South Africa’s State-owned Public Investment Corporation (PIC) joined forces with Anglo American Platinum (Amplats) to promote the development of innovative and competitive technological uses of platinum-group metals (PGMs). By each... 

New mining fund raising R750m to co-finance ancillary mine projects

16th July 2018 In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project... 

On-The-Air (13/07/2018)

13th July 2018 Platinum jewellery sales are heading for a very good year, the global platinum promoter, Platinum Guild International, reported this week. The World Platinum Investment Corporation this week launched a range of platinum investment products in China to boost South Africa’s struggling platinum... 

WHERE GOLD NO LONGER GLITTERS:

13th July 2018 The downturn of an industry that once symbolised South Africa can be evidenced in Khutsong, Carletonville, where former engineering assistant at the world’s deepest gold mine, Caldwell Nzimeni, posed for this photograph. News service Bloomberg reports that Nzimeni, 29, left AngloGold Ashanti's... 

GROW OR MOW:

13th July 2018 It is not only the South African mining industry that is faced with the dilemma of growing or mowing. Other mining jurisdictions with memories of past ups and downs are faced with a similar dilemma, but not the same dilemma. In South Africa the main worries – legislation and corruption – are... 

Ricardo Ribeiro

13th July 2018 This week Mining Weekly features Ricardo Ribeiro, the current operations director and MD-designate of Rosond, the drilling, geotechnical and grouting specialist company 

Royal Bafokeng taking 100% of Rasimone platinum mine

13th July 2018 Black-controlled platinum mining company Royal Bafokeng (RBPlat) on Thursday announced that its joint venture partner Anglo American Platinum had agreed to accept R1.8-billion for the remaining 33% of the Bafokeng Rasimone Platinum Mine (BRPM). Headed by CEO Steve Phiri, the JSE-listed RBPlat... 

Analysts spring to Glencore’s defence as miner restores confidence with buy-back scheme

13th July 2018 Research analysts have sprung to the defence of Glencore, which has rapidly restored confidence by announcing an immediate share buyback programme that communicates the formidable faith of management in the London- and Johannesburg-listed diversified mining and marketing company. In a note... 

Kropz eyeing dual listing

13th July 2018 Emerging plant nutrient producer Kropz is eyeing a dual listing on the Johannesburg Securities Exchange in addition to seeking admission to trade on the Aim in London, where it intends raising equity capital to fund the completion of its advanced-stage phosphates project in South Africa, cut debt... 

Cooperation needed to fill Africa’s trillion-dollar infrastructure gap

13th July 2018 The Global Infrastructure Hub, a G20 initiative, calculates the infrastructure gap in ten of its ‘Compact with Africa’ countries to be $1-trillion in over the next 22 years, representing a 42% investment gap, which the global organisation describes as being one of the world’s largest regional gaps. 

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