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Chrome News

'A good number of investors' considering countries offering better return-on-investment prospects than SA

By: Dylan Slater     17th November 2017 Mining policies imposed by the Department of Mineral Resources (DMR) on local industry are creating increased uncertainty for investors, a growing number of whom are considering investing in mining projects and exploration in other countries, with a greater chance of a healthier return on... 

Tharisa expects higher earnings

By: Martin Creamer     14th November 2017 Platinum group metals (PGM) and chrome coproducer Tharisa on Tuesday informed the market of higher upcoming 2017 financial year earnings. The company, headed by CEO Phoevos Pouroulis, foresees substantially higher earnings per share and headline earnings per share in US cents of 21c to 23c,... 

Tharisa expects higher earnings
Tharisa CEO Phoevos Pouroulis

South Africa crucial to global chrome supply, Chromium 2017 hears 

By: Martin Creamer     10th November 2017 South Africa is an irreplaceable supplier of chrome ore and ferrochrome, which is, in turn, an irreplaceable component of China-dominated stainless steel production, global delegates to last week’s well-attended Chromium 2017 conference heard. South Africa, as the dominant global chrome producer,... 

South Africa crucial to global chrome supply, Chromium 2017 hears
Tharisa Minerals COO Michelle Taylor at Chromium Conference covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

Modular Reflux Classifier launched

By: Mia Breytenbach     10th November 2017 Minerals and cement industry equipment and services supplier FLSmidth has officially launched its modular Reflux Classifier (RC) plant, which is suitable for fines gravity separation applications. This integrated engineered modular solution is based on a fundamental component – FLSmidth’s... 

Modular Reflux Classifier launched
Photo by Duane Daws
DEON DE KOCK With this modular plant, we can really live our vision by delivering that extra value

AEL Mining Services launches rock-breaking technology chair at University of Pretoria

By: Mia Breytenbach     10th November 2017 Johannesburg-headquartered developer, producer and supplier of commercial explosives AEL Mining Services has, in partnership with the University of Pretoria (UP), launched the AEL Mining Services Chair in Innovative Rock Breaking Technology, which will reside within the Department of Mining... 

AEL Mining Services launches rock-breaking technology  chair at University of Pretoria
CHAIRED PROJECT The first project from AEL Mining Services Chair in Innovative Rock Breaking Technology will be to determine safe blast-clearance radii for blasting

S Africa hosts 33rd Chromium Conference 

     9th November 2017 The 33rd Chromium Conference took place in Johannesburg this week with a record number of 260 delegates from across the world. Mining Weekly editor Martin Creamer speaks to Creamer Media's Sashnee Moodley about the headlines from the event. 

S Africa hosts 33rd Chromium Conference
S Africa hosts 33rd Chromium Conference

Mining technology gets boost from new Wits-Sibanye partnership

By: Martin Creamer     9th November 2017 Mining technology is being given a Fourth Industrial Revolution boost through the new partnership struck between precious metals mining company Sibanye-Stillwater and the Wits Mining Institute. Wits Mining Institute director Professor Fred Cawood outlined in a news release on Thursday that... 

Afarak shareholders seek board’s dismissal

By: Megan van Wyngaardt     9th November 2017 A group of Afarak shareholders, representing 10.86% of shares and voting rights, has asked to convene an extraordinary meeting of shareholders, where it will seek to dismiss the board, the LSE-listed miner said on Thursday. The meeting would further seek to address a number of issues, including a... 

Zimbabwe invites investment in underground chrome mining 

By: Martin Creamer     8th November 2017 Zimbabwe on Wednesday invited investors to focus on underground chromium operations rather than cheaper strip mining operations, from which most of the country’s chromium ore is currently extracted. In a keynote opening address to the 33rd Chromium Conference, which is being held in South Africa,... 

Zimbabwe invites investment in underground chrome mining
Mining Weekly Online’s Martin Creamer reports on the Chromium Conference taking place in Johannesburg. Photographs: Duane Daws. Video: Nicholas Boyd. Video Editing: Lionel de Silva.

Bristow, Friedland may go head-to-head in on-stage copper-gold debate

By: Martin Creamer     7th November 2017 Dr Mark Bristow of Randgold Resources and Robert Friedland of Ivanhoe Mines may go head-to-head in a live on-stage gold-versus-copper debate at the Investing in African Mining Indaba event at the Cape Town International Convention Centre from February 5 to 8, Mining Indaba MD Alex Grose disclosed... 

Bristow, Friedland may go head-to-head in on-stage copper-gold debate
Photo by Creamer Media
Investing in African Mining Indaba MD Alex Grose (right) and Martin Creamer

Canadian junior mining sector riding renewed wave of confidence

By: Henry Lazenby     7th November 2017 Despite signs of improved investor confidence in Canada's prolific junior mining sector – mainly driven by rising consumer technology demand for resources – analysts are warning that the market recovery is in a delicate phase and will require discipline to survive until more substantial commodity... 

Canadian junior mining sector riding renewed wave of confidence

Tungsten Mining signs MoU with Chinese partner

By: Esmarie Swanepoel     3rd November 2017 ASX-listed Tungsten Mining has signed a nonbinding memorandum of understanding (MoU) with China’s Xiamen Tungsten Company (XTC) over the Mt Mulgine project, in Western Australia. Under the MoU, the two companies will work to establish an offtake agreement under which XTC would purchase tungsten... 

BHP aims for more copper, oil; steers away from EV minerals

By: Reuters     3rd November 2017 The world's biggest miner BHP's response to the electric vehicle debate is to hunt for new reserves of copper and oil, while seeking a buyer for its assets to produce battery-grade nickel and steering clear of lithium and cobalt. Arnoud Balhuizen, chief commercial officer at BHP, has said 2017... 

Low capital cost key to continuous improvement

By: Simone Liedtke     3rd November 2017 Delivering well-executed projects at a low capital cost is key to continuous improvement within the local and global mining industry, and Sandton-based process and engineering service provider Metix attributes its ongoing success to its ability to do so for large projects on an engineering,... 

Low capital cost key to continuous improvement
INDUSTRY UPLIFTMENT The efficient delivery of a safely executed and on-time project is key to the upliftment of the industry

Shared vision needed for mining to boost entire economy – Mgojo

By: Martin Creamer     24th October 2017 A collective national vision, which must be viable, inclusive and transformative, is urgently needed to unleash mining’s latent ability to energise the entire South African economy, Chamber of Mines president Mxolisi Mgojo said on Tuesday. Speaking at a media lunch, Mgojo emphasised the folly of... 

Shared vision needed for mining to boost entire economy – Mgojo
Photo by Duane Daws
Chamber of Mines president Mxolisi Mgojo

Company explores tailings project, defines overall resource

By: Nadine James     20th October 2017 Rustenburg-based miner LANXESS Chrome Mining – owned by German speciality chemicals company LANXESS – is investigating the viability of a tailings retreatment project, in addition to defining the resource of its existing opencast licence and that of its recently acquired land, thereafter... 

South Africa spending less than its peers on mining research and development

By: Mia Breytenbach     20th October 2017 While South Africa had increased its investment in mining research and development (R&D) since 2014, the country’s investment was still below that of its peers, delegates heard during a panel discussion on ‘Technological Innovation and Advancements in the Mining Industry’ at the Joburg Indaba... 

LANXESS

     20th October 2017 Despite South Africa being the largest contributor to the ferrochrome industry, the sector remains under immense pressure. Specialty chemicals company LANXESS is the only company in South Africa that handles the entire chemical chrome value chain, from the mining of the raw material, chrome ore,... 

LANXESS

Remove exploration red tape or mining will die, geologist warns 

By: Martin Creamer     19th October 2017 The excessive red tape around minerals exploration must be removed to prevent the demise of South Africa’s vital mining industry, consulting exploration geologist Allan Saad said on Thursday. Saad, who spent 18 years in geological roles with mining major Rio Tinto and who formerly represented the... 

Remove exploration red tape or mining will die, geologist warns
Consulting exploration geologist Allan Saad outlines current exploration constraints to Mining Weekly Online’s Martin Creamer. Photographs: Christo Greyling. Video and Video Editing: Nicholas Boyd.

Insimbi’s H1 earnings rise

By: Anine Kilian     19th October 2017 JSE-listed Insimbi Refractory and Alloys’ earnings before interest, taxes, depreciation and amortisation increased by 273% year-on-year to R179.8-million for the six months ended August 31. Earnings a share were up by 142% year-on-year to 11.97c and headline earnings a share increased by 150%... 

Chamber files for review of 'disastrous' Mining Charter

By: News24Wire      18th October 2017 The Chamber of Mines filed an application in the North Gauteng High court on Tuesday to have a judicial review and setting aside of the Mining Charter. According to the founding affidavit, the Charter released by Mineral Resources Minister Mosebenzi Zwane on June 15 had, and continues to have, a... 

Chamber files for review of 'disastrous' Mining Charter
Photo by Duane Daws
Chamber of Mines CEO Roger Baxter

Exploration, junior culture needed to save mining – Bristow 

By: Martin Creamer     16th October 2017 Unless South Africa starts exploring again and finds new ore deposits, the country will continue to turn out the lights of the mining sector. With poor policy added, disinvestment and lack of interest will ultimately stop South Africa’s mining industry in its tracks, which will deal a colossal... 

Exploration, junior culture needed to save mining – Bristow
Top resources consultant Dr John Bristow outlines the urgent need for exploration to Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd.

Merafe’s year-to-date attributable volumes from Glencore-Merafe Chrome Venture stable

By: Natasha Odendaal     13th October 2017 JSE-listed Merafe Resources on Friday reported a marginal increase in its attributable ferrochrome production from the Glencore-Merafe Chrome Venture for the nine months to September 30. Attributable production increased to 286 000 t in the period under review, from 285 000 t in the comparable... 

Energy efficient motors used for Mpumalanga chrome conveyor system

By: Nadine James     13th October 2017 Automation manufacturer SEW Eurodrive South Africa (SEW SA) supplied multiple units of its DRN motors to an Mpumalanga chrome producer in August. The energy efficient motors form part of a trial project for a materials handling solution, says SEW SA Mbombela branch manager Jonathan Mckey. He... 

Energy efficient motors used for Mpumalanga chrome conveyor system
CONVEYING CHROME The IE3-compliant DRN electric motors will propel a chrome producer's main incline conveyors, which carry mined ore to the surface for handling and stockpiling

South African mining production surges 6.9% in August, exceeds expectations

By: African News Agency      12th October 2017 Mining production in South Africa increased by 6.9% year-on-year in August whilst seasonally adjusted mining production increased by 5.3% in the same month compared with July, Statistics South Africa (StatsSA) said on Thursday. StatsSA said the biggest contributors to the jump in production were... 

South Africa should consider agromining – US professor 

By: Martin Creamer     11th October 2017 South Africans, who have been mining for metals for more than a century, were this week urged to farm for metals. South African-born Stephen Haggerty, a distinguished research professor of Florida International University in the US who spoke to Mining Weekly Online while in Johannesburg, outlined... 

South Africa should consider agromining – US professor
Florida International University distinguished research professor Stephen E Haggerty talks to Mining Weekly Online’s Martin Creamer on the potential to farm for metals. Photographs: Duane Daws. Video and Video Editing: Lionel de Silva.

Tharisa reports best production year

By: Martin Creamer     10th October 2017 Platinum group metals (PGM) and chrome co-producer Tharisa on Tuesday reported a record fourth quarter, which nudged the company to its best yearly production performance to date in the 12 months to September 30. The JSE-listed company, headed by CEO Phoevos Pouroulis, said in a release to... 

Tharisa reports best production year
Tharisa CEO Phoevos Pouroulis

Company investing in new tech despite challenging market

By: Tasneem Bulbulia     6th October 2017 Mining solutions provider Harcliff Mining Services has installed a German-made Hӧfler Rapid 2000 cylindrical gear grinding machine at its manufacturing facility in Gauteng, South Africa. The machine, bought from Switzerland-headquartered Swiss-German gear technology company Klingelnberg Group was... 

Company investing in new tech despite challenging market
ON THAT GRIND The Hӧfler Rapid 2000 cylindrical gear grinding machine manufactures high-accuracy pinions for mill and kiln open gearing applications

Rip up charter, provide tax incentives, back junior miners – Maimane 

By: Martin Creamer     4th October 2017 Mining Charter Three should be ripped up, proper tax incentives introduced and junior mining enterprises supported to restore investment in the mining industry, which is a stimulator of the South African economy as a whole, Opposition Democratic Alliance leader Mmusi Maimane said on Wednesday.... 

Rip up charter, provide tax incentives, back junior miners – Maimane
Opposition Democratic Alliance leader Mmusi Maimane, addressing delegates at the Joburg Indaba conference. Camerawork: Nicholas Boyd. Editing: Lionel da Silva.

ANC will heed Joburg Indaba call for removal of Minerals Minister – Mkhize 

By: Martin Creamer     4th October 2017 The majority call by the Joburg Indaba for the government to replace Mineral Resources Minister Mosebenzi Zwane with a new Minister would be communicated to the African National Congress (ANC), which was committed to facilitating an enabling environment for the South African mining industry, ANC... 

ANC will heed Joburg Indaba call for removal of Minerals Minister – Mkhize
ANC treasurer general Dr Zweli Mkhize addresses delegates at the Joburg Indaba about Mineral Resources Minister Mosebenzi Zwane. Camerawork: Nicholas Boyd. Editing: Lionel da Silva.

Chamber criticised for no-show at Joburg Indaba gala dinner

By: Martin Creamer     3rd October 2017 Officials of the Chamber of Mines of South Africa were criticised for opting to not attend Tuesday night’s Joburg Indaba’s gala dinner, which was addressed by Mineral Resources Minister Mosebenzi Zwane, who stated that he would not discuss the controversial but agreement-fettered Mining Charter... 

Chamber criticised for no-show at Joburg Indaba gala dinner
Photo by Duane Daws
Bernard Swanepoel

Interest building in attractive tax incentive for mine owners

By: Martin Creamer     29th September 2017 Interest is building in the Section 12J of the Income Tax Act incentive structure introduced by Treasury to promote venture capital investments and stimulate growth and job creation in the South African economy, Mining Weekly Online can report. The aim of Section 12J is to encourage investment... 

Interest building in attractive tax incentive for mine owners
Photo by Jaltech
Possible structure for Section 12J tax incentive

Stakeholder cohesion crucial to change trajectory of South African mining

By: Robyn Wilkinson     29th September 2017 Chamber of Mines of South Africa (CoM) CEO Roger Baxter will consider the role that the CoM and mining companies can play in increasing investment in South Africa’s mining sector, despite current challenges, by creating an enabling business environment through the building of trust between mining... 

Stakeholder cohesion crucial to change trajectory of South African mining
ROGER BAXTER Key to encouraging cohesion between mining stakeholders is a continued commitment to driving transformation in the industry at all levels

Event catalyst for critical engagement

By: Robyn Wilkinson     29th September 2017 Government, labour and business need to restore mutual trust through transparent and honest engagement, with The Joburg Indaba providing an ideal platform through which to forge a way forward in this endeavour, says mining and industrial services provider Fraser Alexander business development... 

Event catalyst for critical engagement
TAILINGS AT THE FORE The adoption of international best practice guidelines is influencing the design, operation, closure and rehabilitation of mining waste disposal sites in the Southern African Development Community

Time for mining industry to take action

     29th September 2017 In the wake of commodity prices beginning to show signs of recovery in 2016, mining companies globally have taken steps to strengthen their balance sheets, building a platform from which to take decisive action about the future, says multinational professional services provider PwC Africa energy,... 

Time for mining industry to take action
MICHAL KOTZE The mining industry has moved out of danger and some mining companies see the conditions as ripe for value accretive moves, with market differentiation their immediate goal

Gigantic SA-made ore scrubber destined for Sierra Leone mineral sands mine

By: Mia Breytenbach     29th September 2017 Mechanical process equipment and solutions provider MechProTech has completed the manufacturing of one of its largest pieces of mining process equipment – the multimillion-rand, Titan 3596 mineral ore scrubber – which will be delivered to a mineral sands mine in Sierra Leone. MechProTech focuses... 

Gigantic SA-made ore scrubber destined for Sierra Leone mineral sands mine
Photo by Duane Daws
SIZABLE PROCESSING Titan 3596 mineral ore scrubber is used to wash and break up alluvial gravels, clay and sand

Offshore capital equipment markets come in handy amid ‘turmoil’ in domestic mining sector

By: Dylan Slater     29th September 2017 South African capital equipment manufacturers that are exporting, and which have survived the ongoing turmoil in the mining industry and domestic economic environment, have showed resilience and bear testament to the lifeline provided through exporting products and not relying solely on sales... 

Offshore capital equipment markets come in handy  amid ‘turmoil’ in domestic mining sector

No clarity on funding drawdown for mine rehab – Joburg Indaba

By: Martin Creamer     27th September 2017 There is no clarity on the way that mining companies can draw down from their financial provision vehicles to undertake mine rehabilitation, the Joburg Indaba Breakfast heard on Wednesday during a discussion on the implications of the new National Environmental Management Act (Nema). Chaired by... 

No clarity on funding drawdown for mine rehab – Joburg Indaba
Photo by Joburg Indaba
Panellists from left to right are Pan African CEO Cobus Loots, MSA MD Ben Burnand, PwC's Dr Ferdi Linde, ENSafrica's Andries Myburgh, DMR's director of mine closure Reuben Masenya and Cenviro Solutions MD Leentie Smit
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