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Audio Articles

Ivanhoe rapidly progressing Kakula mine development  

By: Marleny Arnoldi     25th February 2020 TSX-listed Ivanhoe Mines has completed more than 8 km of underground development at the Kakula copper mine, in Democratic Republic of Congo. The company on Tuesday said this was 1.7 km ahead of schedule.  

Amplats throws light on PGM substitution, electric vehicle prospects, community dividends  

By: Martin Creamer     24th February 2020 The platinum industry could very easily experience an original equipment manufacturer (OEM) switching from palladium to platinum in the short term, platinum group metals (PGMs) were unlikely to be used in battery electric vehicles soon and communities are sharing considerably in the latest... 

Amplats throws light on PGM substitution, electric vehicle prospects, community dividends
Amplats CEO Chris Griffith responds to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala; Editing: Nicholas Boyd.

AngloGold’s Dushnisky appointed World Gold Council chairperson 

By: Simone Liedtke     24th February 2020 AngloGold Ashanti CEO Kelvin Dushnisky has been appointed the World Gold Council’s new chairperson. He succeeds David Harquail, who has served as chairperson since 2017. 

AngloGold’s Dushnisky appointed World Gold Council chairperson
AngloGold Ashanti CEO Kelvin Dushnisky

Lucara’s strong 2019 performance positions company for further growth  

By: Tasneem Bulbulia     24th February 2020 Vancouver-headquartered Lucara Diamond Corp achieved strong operating results for the year ended December 31, a reflection of the company’s continued focus on safe, reliable operations, president and CEO Eira Thomas said in a statement. She indicated that the company’s strategy had yielded... 

Lucara’s strong 2019 performance positions company for further growth

Solar power for mines under consideration – Assore 

By: Martin Creamer     21st February 2020 A scoping study is under way into the self-generation of electricity for Assmang’s mines – but not its smelters, Assore CEO Charles Walters said on Friday, when the company reported interim results that were negatively affected by weaker chrome and manganese prices, and lower shipments of... 

Solar power for mines under consideration – Assore
Photo by Assore
Assore's mines and logisitcs routes

Price-hit Assore half-year earnings down, interim dividend upheld 

By: Martin Creamer     21st February 2020 JSE-listed base mineral and metals miner Assore, which on Friday reported net cash at a lower level of R8.1-billion, has declared an interim dividend of R7 a share for the half-year. Headline earnings for H1 FY20 decreased by 28% to R2,1 billion, compared to R2,9 billion for the H1 FY19. Assmang,... 

Price-hit Assore half-year earnings down, interim dividend upheld
Photo by Creamer Media
Charles Walters

Anglo’s earnings margins poised to strengthen – Cutifani 

By: Martin Creamer     20th February 2020 The strong 2019 earnings margins of Anglo American are poised to strengthen further in 2020, CEO Mark Cutifani said on Thursday. The 2019 earnings before interest, taxes, depreciation and amortisation (Ebitda) margins of the London- and Johannesburg-listed diversified mining company ranged from... 

Anglo’s earnings margins poised to strengthen – Cutifani
Photo by Anglo American
Anglo American calculates that these earnings margins will increase in 2020.

Anglo’s hydrogen fuel truck ‘a great initiative’ – Cutifani 

By: Martin Creamer     20th February 2020 Anglo American CEO Mark Cutifani on Thursday described the building of the world’s largest hydrogen fuel cell haul truck in Limpopo as a great initiative that would in time be rolled out across the platinum group metals (PGMs), diamonds, copper and iron-ore mining company. Hydrogen fuel cell... 

Anglo’s hydrogen fuel truck ‘a great initiative’ – Cutifani
Photo by Anglo American
Four-part forward thrust.

Anglo delivers $3.5bn profit, declares final dividend 

By: Martin Creamer     20th February 2020 Diversified mining company Anglo American delivered 2019 profit attributable to equity shareholders of $3.5-billion, in line with the prior year. The company, headed by CEO Mark Cutifani, generated underlying earnings of $10-billion, a 9% increase, and $2.3-billion of attributable free cash flow. 

Anglo delivers $3.5bn profit, declares final dividend
Photo by Creamer Media
Anglo American CEO Mark Cutifani

Natascha Viljoen to succeed Griffith as Amplats CEO  

By: Marleny Arnoldi     20th February 2020 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has announced that Natascha Viljoen has been appointed to succeed Chris Griffith as CEO. Amplats earlier this week said Griffith would step down to pursue other career opportunities.  

Natascha Viljoen to succeed Griffith as Amplats CEO
Amplats incoming CEO Natascha Viljoen

Price-spiking palladium must be substituted with platinum – Sibanye-Stillwater 

By: Martin Creamer     19th February 2020 It is incumbent on the end users to help platinum group metals mining companies to a position where the platinum price will not be destroyed, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking during the presentation of superlative results, Froneman said the industry could not... 

Price-spiking palladium must be substituted with platinum – Sibanye-Stillwater
Photo by Creamer Media's Donna Slater
Neal Froneman

Very Proudly South African Sibanye-Stillwater set to take on world – Froneman 

By: Martin Creamer     19th February 2020 An upbeat Neal Froneman said on Wednesday that world would see his “very Proudly South African’ precious metals mining company Sibanya-Stillwater take on global companies across the world. Speaking after the relisting of the platinum group metals (PGM) and gold mining company at the Johannesburg... 

Very Proudly South African Sibanye-Stillwater set to take on world – Froneman
Photo by Creamer Media's Donna Slater
JSE CEO Dr Leila Fourie (left) and Sibanye-Stillwater CEO Neal Froneman.

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater  

By: Martin Creamer     19th February 2020 The next big disruptive technology will be hydrogen fuel cell technology, which is platinum rich, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking ahead of half-year results of a 44% increase in revenue to R73-billion and a R432-million profit for 2019, Froneman stated that this... 

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer. Photographs: Donna Slater.

Sibanye-Stillwater delivers phenomenal 260% return – JSE 

By: Martin Creamer     19th February 2020 Top-performing Sibanye-Stillwater delivered a phenomenal return of 260% on the Johannesburg Stock Exchange in 2019, JSE CEO Dr Leila Fourie stated on Wednesday when the company relisted to the accompaniment of a rapid 5.3% early-afternoon soaring of its share price. From a Gold Fields spinoff... 

Sibanye-Stillwater delivers phenomenal 260% return – JSE
Photo by Creamer Media's Donna Slater
Sibanye-Stillwater's ceremony at JSE

South Africa’s Astron ‘a nice short to have for the trading business’ – Glencore 

By: Martin Creamer     18th February 2020 Glencore CEO Ivan Glasenberg on Tuesday described his company’s investment in Astron Energy oil refinery and fuel distribution station business in South Africa as “a nice short to have for the trading business”. The Chevron oil refinery in Cape Town and the Caltex brand now fall under Astron... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve 

By: Martin Creamer     18th February 2020 Climate-friendly energy transition metals, copper, cobalt and nickel, stole the limelight during Glencore’s presentation of 2019 results on Tuesday, when the company revealed that it would be depleting its coal reserves in line with the global move towards a low-carbon economy. Presenting... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve
Photo by Bloomberg
Ivan Glasenberg

Glencore's lower earnings reflect uncertain trade deal negotiations 

By: Martin Creamer     18th February 2020 The 2019 performance of diversified mining and marketing company Glencore reflected the prolonged and uncertain trade deal negotiations, generally weaker prices for key commodities and some operational challenges experienced at the ramp-up and development of assets, CEO Ivan Glasenberg said on... 

Glencore's lower earnings reflect uncertain trade deal negotiations
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Kumba pays out 92% of HEPS to shareholders as iron-ore prices lift earnings 

By: Marleny Arnoldi     18th February 2020 JSE-listed miner Kumba Iron Ore delivered a payout ratio of 92% of headline earnings per share (HEPS) for the year ended December 31, exceeding its 50% to 75% dividend payout policy. The company declared a final cash dividend of R15.99 apiece, which, combined with the interim dividend of R30.79... 

Kumba pays out 92% of HEPS to shareholders as iron-ore prices lift earnings
Photo by Creamer Media's Donna Slater
Kumba Iron Ore CEO Thamba Mkhwanazi

Modernisation, digitisation part of next value delivery – Amplats  

By: Martin Creamer     17th February 2020 Top of the list of the four focus areas of platinum group metals (PGM) mining company Anglo American Platinum (Amplats) to drive its next phase of value is operational efficiency. Outlining this at the company’s presentation of record financial and safety achievements, Amplats CEO Chris Griffith... 

Modernisation, digitisation part of next value delivery – Amplats
Mining Weekly’s Martin Creamer on Anglo American Platinum’s results. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Hydrogen fuel cell mining set to cut Amplats’ greenhouse gas emissions – Griffith  

By: Martin Creamer     17th February 2020 The introduction of hydrogen fuel cell mining in response to climate change is poised to cut the greenhouse gas emissions of platinum group metals mining company Anglo American Platinum by 30%. A large enabler of this significant reduction is the introduction of hydrogen fuel cell mining trucks,... 

Hydrogen fuel cell mining set to cut Amplats’ greenhouse gas emissions – Griffith
Mining Weekly’s Martin Creamer on Anglo American Platinum’s results. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Petra adjusts cash flow target amid weak diamond market, coronavirus outbreak 

By: Marleny Arnoldi     17th February 2020 London-listed Petra Diamonds has cut its cash flow targets amid a weak diamond market, owing to the coronavirus outbreak, which started to affect Chinese citizens late last year and has since spread to 24 countries. Reporting on its results for the six months ended December 31, Petra on Monday... 

Petra adjusts cash flow target amid weak diamond market, coronavirus outbreak
Photo by Creamer Media
Petra Diamonds CEO Richard Duffy

Sibanye's JSE-listed shares rise on upbeat trading update 

By: Creamer Media Reporter      14th February 2020 Precious metals miner Sibanye-Stillwater's share price on the JSE rose by more than 7% on Friday afternoon as the group announced a recovery in its operational and financial performance for the second half of 2019.   

China’s massive car-sales slump threatens palladium’s rally 

By: Bloomberg     14th February 2020 A record 22% slump in China’s January car sales is threatening to derail the rally in palladium, used to curb emissions from vehicles. The precious metal generated a 59% return for investors last year, the most of any commodity tracked by a DCI BNP Paribas gauge. The rally was fueled by... 

Robbery attempt prompts security step-up at South Deep – Gold Fields  

By: Martin Creamer     14th February 2020 Security is being stepped up at South Deep gold mine in Gauteng to present an even more resistant barrier to armed criminals, said Gold Fields executive vice-president Martin Preece said on Thursday. This action follows last year’s gold robbery attempt at the mine by machine-gun wielding gangsters. 

Robbery attempt prompts security step-up at South Deep – Gold Fields
Gold Fields EVP Martin Preece talks to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

South Deep applying for 40 MW of solar power – Gold Fields  

By: Martin Creamer     13th February 2020 The South Deep gold mine in Gauteng has an application in to self-generate 40 MW of solar power, Gold Fields CEO Nick Holland said on Thursday. Speaking to Mining Weekly in a video interview, Holland said this could be between 20% and 25% of the average consumption of the mechanised mine near... 

South Deep applying for 40 MW of solar power – Gold Fields
Gold Fields CEO Nick Holland talking to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Govt-mining industry cooperation at regional level very good – Gold Fields  

By: Martin Creamer     13th February 2020 The cooperation between the government and mines at regional level is very good, but where it falls down is at national level, Gold Fields CEO Nick Holland said on Thursday. Responding to Mining Weekly during a media roundtable at the JSE, Holland said that at the national level, there was... 

Govt-mining industry cooperation at regional level very good – Gold Fields
Gold Fields CEO Nick Holland questioned by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

Gold Fields displays ‘green’ energy installation ahead of superb results  

By: Martin Creamer     13th February 2020 “What you’re seeing over here is one of the first wind turbines that we put up in Australia, a mine where we’re going to have average renewable input into our energy usage of about 57%,” was the first sentence stated by Gold Fields CEO Nick Holland as he flashed up a picture of a wind turbine at... 

Gold Fields displays ‘green’ energy installation ahead of superb results
Gold Fields CEO Nick Holland’s results presentation covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

'Green’ is king as ESG sweeps through mining world – DRDGold  

By: Martin Creamer     12th February 2020 Community members are being recruited to vegetate Johannesburg’s gold mine dumps as part of a dust suppression, environmental protection and ‘green’ imperative, DRDGold CEO Niël Pretorius said on Wednesday. In presenting a stupendously successful set of half-year results that saw operating profit... 

'Green’ is king as ESG sweeps through mining world – DRDGold
DRDGold CEO Niël Pretorius presenting from New York to Mining Weekly’s Martin Creamer. Video editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

DRDGold cock-a-hoop on ‘wonderful’ gold performance  

By: Martin Creamer     12th February 2020 Surface gold-mining company DRDGold is cock-a-hoop over its half-year performance, which saw it produce 3 t of gold from waste dumps on the East Rand and the West Rand in the six months to December 31. But the company is also continuing to work intently on tracking down the gang of armed robbers... 

DRDGold cock-a-hoop on ‘wonderful’ gold performance
DRDGold CFO Riaan Davel interviewed by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photographs: Donna Slater.

Harmony Gold decries attacks on gold plants  

By: Martin Creamer     11th February 2020 The spate of violent attacks on gold smelting plants is of great  concern, Harmony Gold CEO Peter Steenkamp said on Tuesday. There were 19 attacks on gold facilities last year in which two security personnel were murdered, according to Minerals Council South Africa. (Also watch attached Creamer... 

Harmony Gold decries attacks on gold plants
Harmony Gold CEO Peter Steenkamp interviewed by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater.

Arnot OpCo officially launched 

By: Tasneem Bulbulia     11th February 2020 Middelburg, MPUMALANGA (miningweekly.com) – Diversified miner Exxaro Resources on Tuesday officially launched Arnot OpCo, the consortium through which the Arnot coal mine in Middelburg, Mpumalanga, will be owned and managed. The former employees of the Arnot mine will have a 50% ownership of the... 

Harmony Gold expects to have 30 MW solar plant year from now  

By: Martin Creamer     11th February 2020 Gold mining company Harmony expects to have a 30 MW solar power plant running in a year from now, provided all regulatory obstacles are removed. The company is also in discussion with Eskom to alleviate the impact of load-shedding. Harmony CEO Peter Steenkamp said during a media conference... 

Harmony Gold expects to have 30 MW solar plant year from now
Harmony Gold half-year presentation reported on by Mining Weekly’s Martin Creamer. Video & Video Editing: Darlene Creamer. Photograph: Donna Slater.

PGMs to play ever increasing roles in greener, cleaner world – Anglo Platinum 

By: Martin Creamer     10th February 2020 Platinum group metals (PGMs) mining company Anglo American Platinum is convinced that PGMs are poised to play increasingly significant roles in a greener, cleaner world, driven by favourable new opportunities presented by societal megatrends. Anglo American Platinum CEO Chris Griffith, who... 

PGMs to play ever increasing roles in greener, cleaner world – Anglo Platinum
The number of indirect jobs totals 90 000

Glencore signs five-year cobalt supply deal with Samsung SDI 

By: Marleny Arnoldi     10th February 2020 Global diversified miner Glencore has entered into a five-year cobalt hydroxide supply agreement with rechargeable battery manufacturer Samsung SDI. Glencore will supply up to 21 000 t of cobalt contained in cobalt hydroxide between 2020 and 2024.  

Exxaro, Bell partner up to enhance supplier development offering 

By: Simone Liedtke     7th February 2020 Empowered resources company Exxaro Resources has signed a memorandum of understanding (MoU) with equipment dealer Bell Equipment Sales South Africa (Bessa) to enhance the offering of its enterprise and supplier development (ESD) programme. The MoU, intended to formalise a partnership within its... 

Exxaro, Bell partner up to enhance supplier development offering
Exxaro stakeholder affairs executive head Mzila Mthenjane and Bell Equipment MD Duncan Mashika.

De Beers Group’s ‘make life brilliant’ fostering best-in-class mining 

By: Martin Creamer     7th February 2020 De Beers Group Managed Operations MD responsible for South Africa and Canada, Nompumelelo (Mpumi) Zikalala, spoke to Mining Weekly this week about the highlights and one lowlight of her first nine months in office. 

De Beers Group’s ‘make life brilliant’ fostering best-in-class mining
Photo by Creamer Media
Nompumelelo (Mpumi) Zikalala,

Semafo restarts Boungou plant in Burkina Faso 

By: Mariaan Webb     7th February 2020 The share price of Canadian miner Semafo climbed 9% in Toronto on Thursday, as the gold producer announced that it had restarted production from its Boungou mine, which was closed last year after a roadside militant attack on its workers. At least 39 people were killed and about 60 were injured... 

Implats’ interim earnings to rise on higher PGM prices 

6th February 2020 JSE-listed Impala Platinum (Implats) expects its headline earnings and headline earnings per share (HEPS) for the half-year ended December 31, to be between 42% and 62% and between 32% and 50% higher, respectively, year-on-year. Headline earnings are expected to be between R3.16-billion and... 

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