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Chrome News

Glencore throws full weight behind transparency in money-to-govts report 

By: Martin Creamer     29th June 2016 Global diversified mining and marketing company Glencore threw its full weight behind complete openness in its maiden Payments-To-Governments Report 2015. In a 17-page outline, Glencore CFO Steve Kalmin provides an overview of the $5-billion it paid last year to 16 governments ranging from... 

Mining Indaba slashes prices for mining corporates

By: Martin Creamer     29th June 2016 Mining companies attending the upcoming Investing in African Mining Indaba in Cape Town will benefit from significantly reduced registration fees. Mining Indaba officials have introduced price reductions of up to 50% for the February 6 to 9 event, now in its twenty-third year. 

Mining Indaba slashes prices for mining corporates
Mining Indaba MD Jonathan Moore

Bauba mulls underground chrome mine at Moeijelijk, secures 20yr mine right

By: Creamer Media Reporter      27th June 2016 The Department of Mineral Resources has granted JSE-listed Bauba Platinum a 20-year mine right for chrome on Farm Moeijelijk 412 KS. “I am very pleased to announce the fulfilment of the legislative conditions for the continuation of mining operations, beyond that permitted under the small-scale... 

Tharisa sees H1 drop in profit, revenue amid volatile commodity prices

By: Anine Kilian     13th June 2016 Dual-listed platinum-group metals (PGMs) and chrome producer Tharisa delivered a “solid” financial and operational performance in the six months ended March 31, despite volatile commodity prices, says its CEO. “While revenues for the first half of the year were impacted by the 27% drop in PGM... 

New way to mine hard rock impresses veteran researcher 

By: Martin Creamer     13th June 2016 A new way of breaking rock in Southern Africa’s narrow-reef mines is seen as safety and production enhancing. Veteran researcher Rod Pickering, who spent 20 years at the Chamber of Mines Research Organisation (Comro) running the stoping technology laboratory, says he has yet to come across a... 

New way to mine hard rock impresses veteran researcher
Photo by Creamer
Pickering & Associates Rod Pickering

Big boost for South African mining as old Comro reopens  

By: Martin Creamer     13th June 2016 The revitalisation of the South African mining industry through the resuscitation of research and development (R&D) is under way as an outcome of the Mining Phakisa, a strategy forged by 120 government, company, union and nongovernmental participants, who last year spent five weeks working... 

Big boost for South African mining as old Comro reopens
Photo by Creamer Media
CSIR mining manager Navin Singh

Legal discretion dogging mine safety inquiries – Webber Wentzel 

By: Martin Creamer     10th June 2016 The only certainty about current enforcement of South Africa’s Mine Health and Safety Act is consistent uncertainty, says Webber Wentzel partner Kate Collier. Addressing a seminar on the way the Department of Mineral Resources (DMR) approaches senior mine management in the aftermath of serious... 

Legal discretion dogging mine safety inquiries – Webber Wentzel
Photo by Duane Daws
Webber Wentzel partner Kate Collier

Zimbabwe sets Tuesday deadline for chrome miner to cede half its claims

By: Reuters     7th June 2016 Zimbabwe's second largest ferrochrome producer Zimbabwe Alloys has been given until the close of business on Tuesday to hand over half its chrome mining claims or risk having them seized, according to a letter from the government seen by Reuters. The Southern African nation holds the world's... 

Tharisa seeks LSE listing

     3rd June 2016 Platinum-group metals and chrome coproducer Tharisa plans to list on the main market of the LSE on or about June 8. “Our decision to list on the main market of the LSE, one of Europe’s premier stock exchanges, represents an important milestone for the company in raising our international profile... 

ANC in apparent Mining Charter reversal

By: Martin Creamer     3rd June 2016 The African National Congress (ANC) appears to have reversed its stance on the Mining Charter being enforceable under the Mineral and Petroleum Resources Development Act (MPRDA) of 2002, which is a major point of contention between the mining industry and government, as it confers legislative... 

ANC in apparent Mining Charter reversal
Photo by Duane Daws
Herbert Smith Freehills Africa partner Peter Leon

Integrator has tools for long-term mining company success 

By: Martin Creamer     31st May 2016 With several major, junior and small minerals and mining services companies debt stressed, folding or in business rescue, former investment researcher Stephen Roper has come up with a longevity and success formula – with diamond consultant Dr John Bristow offering input. Accountant Roper and... 

Integrator has tools for long-term mining company success
Photo by Duane Daws
Integrated Thinking Laboratory CEO Stephen Roper (right) with Martin Creamer

Caddy steps down at Bauba

By: Martin Creamer     31st May 2016 Syd Caddy has stepped down as CEO of platinum and chrome producer Bauba Platinum with immediate effect. Nick van der Hoven, who currently holds the position of executive director of legal compliance and new business development, took over as CEO from May 31. 

Caddy steps down at Bauba
Photo by Duane Daws
Outgoing Bauba CEO Syd Caddy

Mining ‘most transparent’ – Corruption Watch 

By: Martin Creamer     30th May 2016 The Chamber of Mines of South Africa on Monday welcomed the Corruption Watch report on transparency in corporate reporting, which found that South Africa’s most transparent companies came from the mining sector. Gold Fields, BHP Billiton and Anglo American Platinum come out tops in the report,... 

Mining ‘most transparent’ – Corruption Watch
Chamber CEO Roger Baxter

Commodity price indices rally as oil picks up where metals left off

By: Henry Lazenby     27th May 2016 Commodity price indices have rallied in recent weeks as strong performance by oil softened the lull in metals price movements. Scotiabank's commodity price index had improved by 4.5% month-on-month in April as energy gains more than offset metals weakness. 

Commodity price indices rally as oil picks up where metals left off

Diversification to increase service value

     27th May 2016 While larger mining companies operate their process plants on a traditional owner/operator basis, many juniors still prefer to contract out the operation of their mines as it eliminates unforeseen costs and secures proven skills, technologies and associated systems that they would not have access... 

Diversification  to increase service value
Photo by Bloomberg
DIVERSIFICATION IS KEY Enhancing overall services to clients increases the need for contracting

New acid mine water process has huge agri potential in arid areas   

By: Martin Creamer     25th May 2016 The newly developed process that yields handsome profits by converting acid mine water into valuable fertiliser materials, also has the potential to process South Africa’s large volumes of currently unusable brackish groundwater. The use of the process that eradicates acid mine drainage (AMD) for... 

New acid mine water process has huge agri potential in arid areas
Photo by Duane Daws
Trailblazer Technologies director John Bewsey

New highly profitable acid mine water solution unveiled  

By: Martin Creamer     24th May 2016 A process has been developed that yields handsome profits by converting acid mine water into valuable fertiliser materials. The process, which purifies the water free of charge, removes all of the total dissolved solids and converts them into saleable products. 

New highly profitable acid mine water solution unveiled
Photo by Duane Daws
Trailblazer director John Bewsey (right) and Martin Creamer

Chrome, ferrochrome output dipped in 2015 as sector went through difficult phase

By: Ilan Solomons     20th May 2016 Chrome ore and ferrochrome global output decreased marginally in 2015, which is a clear indication that the industry is going through a tough phase with some major players facing financial difficulty. This is according to International Chromium Development Association (ICDA) market research... 

Chrome, ferrochrome output dipped in 2015 as sector  went through difficult phase
GRAND GATHERING About 135 global delegates attended International Chromium Development Association’s 2016 members meeting which took place in Tirana, Albania last month

South African software to improve plant operations

By: Robyn Wilkinson     20th May 2016 South African process and operations management solutions provider BluESP is introducing Model Predictive Control, a form of advanced process control technology, with applications to improve plant efficiency in several industries, including smelting and minerals processing. 

South African software to improve plant operations
PLANT OPTIMISATION BluESP’s Model Predictive Control technology the software is ideally suited to the smelting and minerals processing industries

Lorimer decries mining’s production crash, job losses

By: Martin Creamer     17th May 2016 Mineral Resources Shadow Minister James Lorimer MP on Tuesday decried the sharply reduced output of South Africa’s once-colossal mining industry and warned that mining's “jobs bloodbath” had only just begun. State statistics compiler StatsSA reported earlier this month that South Africa’s... 

Lorimer decries mining’s production crash, job losses
Shadow Minerals Minister James Lorimer

Miners adapting to more austere fundamental backdrop – report

By: Henry Lazenby     17th May 2016 Mining companies, in general, are adapting to a more austere fundamental backdrop, despite a recent announcement in Chinese media that the country would be removing stimulus and reprioritising reforms, which caused significant apprehension during Bank of America Merrill Lynch’s (BofAML’s) recent... 

Miners adapting to more austere fundamental backdrop – report

Draft Mining Charter under intense legal scrutiny

By: Martin Creamer     10th May 2016 The possible far-reaching implications for the mining industry of the new draft Mining Charter came under intense scrutiny in Johannesburg on Tuesday when a team of lawyers discussed the various changes contained in the draft and focused in particular on its attempt to align the mining industry –... 

Draft Mining Charter under intense legal scrutiny
Sabelo Dlamini of Fasken Martineau

Solar power solutions supplied to opencast mines

By: Kimberley Smuts     6th May 2016 Tailor-made energy solutions provider ZRW Mechanika’s supply of solar-powered masts last year to chrome mining company Samancor Western Chrome, which operates an opencast mine in Marikana, in the North West, has sparked interest from numerous municipalities in South Africa, Namibia and Botswana,... 

Solar power solutions supplied to opencast mines
POWER SOLUTION The ZRW mobile solar-powered floodlighting system was supplied to Namibian iron-ore mine which requires electricity to run 24/7

Glencore cuts supply cloth to fit demand coat

By: Martin Creamer     4th May 2016 The mix of mining and marketing within the same company provides sensitivity to commodity price falls. Continually highlighting the value of the mining-marketing mix is Glencore, which is quick to respond to market changes. 

Glencore cuts supply cloth to fit demand coat
Photo by Duane Daws
Ivan Glasenberg hand-in-hand with Education Minister Angie Motshekga at school opening.

Chromite recovery firm reports injury-free milestone

By: Ilan Solomons     29th April 2016 South African chromite recovery business Masa Chrome Company reported achieving seven years of total injury free shifts, which equates to 2 555 injury free days, on February 28. The International Chromium Development Association (ICDA) has welcomed this achievement by the company and hopes Masa... 

Chromite recovery firm reports  injury-free milestone
NOTABLE ACHIEVEMENT The International Chromium Development Association has welcomed this safety achievement by Masa Chrome Company

Companies bought to enhance training offering

     29th April 2016 Training, supply and management group Workforce Holdings announced in January that it had acquired the various operating companies comprising outsourcing solutions providers Quyn Outsource Solutions. Workforce has predominantly placed staff in nontechnical positions and adding Quyn to its service... 

Companies bought to  enhance training offering
Photo by Bloomberg
SKILLS OFFERING EXPANDED Quyn Outsource Solutions’s e provision of technical skills to clients across a range of industries represents diversification for Workforce

MetSkill

By: Creamer Media Reporter      29th April 2016 Process industry training provider MetSkill is actively involved with the development of the new occupational qualifications for the Quality Council for Trades and Occupations under the Mining Qualifications Authority (MQA). Benoni, Gauteng-based MetSkill, 100% owned by MD Rebecca Sands, has... 

Mineworkers empowered

By: Kimberley Smuts     29th April 2016 If workers in the mining, energy and construction industries want to improve their financial situation, it is important that they take advantage of the financial literacy programmes currently being rolled out by financial assistance provider Mineworkers Investment Trust (MIT), which supports... 

Mineworkers empowered
Photo by Bloomberg
INVESTING FOR THE FUTURE The Mineworkers Investment Trust's financial literacy training started in Mpumalanga as a pilot study in June 2015 with more training expected to take place this year

Society aims to integrate more students into mining sector 

By: Kimberley Smuts     29th April 2016 The University of Witwatersrand's Students Mining Engineering Society (SMES) aims to increase the integration of mining engineering graduates into the mining industry this year, as well as to encourage mining engineering students to have an opinion on mining-related issues in South Africa. SMES... 

Society aims to integrate more students into mining sector
FORTUNE MSIBI Mining engineering students face the challenge of a lack of available jobs in the sector, as a result of South Africa’s financial crisis

Technological advancements continue despite mining sector’s downturn

By: Sascha Solomons     29th April 2016 Beneficial trends and technological advancements in the mining industry are being introduced regardless of the depressed market conditions that the sector faces, says environmental management company I-CAT Environmental Solutions technical manager Morne van Wyk. One such trend is recycling water... 

Technological advancements continue despite mining sector’s downturn
HYFLUX KRISTAL HOLLOW-FIBRE Ensure the effective and environmentally safe reduction of excess wastewater in the mining industry

Jubilee’s ASA punching above its processing weight

By: Natasha Odendaal     28th April 2016 AltX- and Aim-listed Jubilee Platinum has increased the chrome processing capability of its Dilokong chrome mine (ASA project) beyond its design capacity. In an update to the market on Thursday, CEO Leon Coetzer said the ASA project was currently processing feed at 60 t/h, significantly above the... 

Empty mining pipeline expected to be hot Junior Indaba topic

By: Martin Creamer     25th April 2016 Mining’s problematic empty pipeline, which should be a major worry to both the mining industry and governments, is expected to be a hotly debated topic at the upcoming Junior Indaba in Johannesburg. Chairperson Bernard Swanepoel said on Monday that the Junior Indaba’s recently launched programme... 

Empty mining pipeline expected to be hot Junior Indaba topic
Photo by Duane Daws
Bernard Swanepoel

Merafe reports higher Q1 production

     20th April 2016 Ferrochrome producer Merafe Resources on Wednesday reported a 4% year-on-year increase to 103 000 t in attributable ferrochrome production from the Glencore Merafe Chrome Venture for the first quarter of the year. This was compared with attributable ferrochrome production of 99 000 t in the first... 

Ontario once more budgets a billion for RoF development, private sector takes action

By: Henry Lazenby     15th April 2016 For the third consecutive year, the Liberal Ontario government has made a C$1-billion commitment toward development in the emerging Ring of Fire (RoF) nickel/chromite mining camp, in the province’s remote far north. The RoF presented a multigenerational economic opportunity for the province, with... 

Ontario once more budgets a billion for RoF development, private sector takes action

Zwane gazettes Mining Charter review for comment

By: Martin Creamer     15th April 2016 Mineral Resources Minister Mosebenzi Zwane on Friday gazetted the draft reviewed broad-based black economic empowerment Mining Charter for public comment. The Ministry said in a release to Creamer Media’s Mining Weekly Online that the draft sought to strengthen the charter’s efficacy to effect... 

Zwane gazettes Mining Charter review for comment
Photo by Duane Daws
Mosebenzi Zwane

Middle East, North Africa on mining periphery despite hosting 30% of the world’s minerals

By: Ilan Solomons     15th April 2016 Despite having more than 30% of global mineral reserves, the Middle East and North Africa (MENA) region severely lacks exploration and resource development investment. The region’s mining industry is facing several challenges such as social and environmental pressure from communities living near... 

Middle East, North Africa on mining periphery despite hosting 30% of the world’s minerals

Modernisation at heart of new State-backed local mining equipment body 

By: Martin Creamer     13th April 2016 The modernisation of South Africa’s mines and the extension of their lives are at the heart of a new government-backed local manufacturing body that will have access to a State-owned developmental cluster location, where joint development initiatives are envisaged. The new organisation – Mining... 

Modernisation at heart of new State-backed local mining equipment body
Photo by Duane Daws
Anton Wheeler (right) with Martin Creamer

Geochemical mapping of KZN leads to discovery of new target zones

By: Ilan Solomons     8th April 2016 The Council for Geoscience (CGS) has carried out a semiregional geochemical survey of the Tugela Terrane, in KwaZulu-Natal, which has resulted in the delineation of several new target areas for follow-up studies and a few geological anomalies near to known mineral occurrences, which warrant... 

Geochemical mapping of KZN leads to discovery  of new target zones
SURVEYING TUGELA In total 11 321 soil samples, each weighing 5 kg, were collected from a depth of 20 cm on a 500 m by 500 m grid
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