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Chrome News

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... 

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

Afarak to acquire Zeerust chrome mine

By: Creamer Media Reporter      27th September 2017 LSE- and Nasdaq-listed Afarak Group will, through its South African subsidiary Afarak Mining Limted, acquire a 70% interest in Zeerust Chrome Mine (ZCM) from Afrika Mineral Trading & Investment Trust, for R20-million. The remaining 30% interest in ZCM will be allocated to workers, the community... 

Hernic Ferrochrome in business rescue – Mitsubishi

By: Martin Creamer     22nd September 2017 Ferrochrome producer Hernic has been placed in business rescue, Mitsubishi Corporation said on Friday. The businessrescue of the Japanese subsidiary, Mitsubishi Corporation said in a release to Creamer Media’s Mining Weekly Online, is taking place under the Companies Act, following a... 

Tharisa transitions to owner mining, absorbs 900 contractor personnel

By: Martin Creamer     22nd September 2017 Platinum group metal (PGM) and chrome co-producer Tharisa Minerals on Friday announced the unconditional purchase of mining equipment from MCC Contracts as part of its switch to owner mining, which includes the employment of 900 MCC employees, effective from October 1.  The company, which has... 

Tharisa transitions to owner mining, absorbs 900 contractor personnel
Tharisa CEO Phoevos Pouroulis

Master Drilling aiming to extend geographical, technological diversification

By: Mia Breytenbach     22nd September 2017 Raise-boring and drilling solutions provider Master Drilling continues to extend its service provision capacity and technology reach, with the company focusing on diversifying into new markets and industries and advancing technologically. “Diversification across geographies, commodities,... 

Master Drilling aiming to extend geographical,  technological diversification
KEY COMPONENT Master Drilling aims to grow business not only in underground mining, but also in openpit mining, which makes up the majority of mining

Odisha to clamp down on illegal coal, nonferrous mineral extraction

By: Ajoy K Das     19th September 2017 Close on the heels of imposing penalties on iron-ore and manganese miners, the government of the eastern Indian province of Odisha is readying for a clampdown on coal and other nonferrous mineral miners for production beyond approved mining plans. The Odisha government is preparing notices to be... 

Sandvik invests in local equipment facility, launches new low-profile load haul dumpers 

By: Ilan Solomons     15th September 2017 Mining equipment and services provider Sandvik Mining and Rock Technology last week officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility, which has ten production bays, coincided with the launch of the 5 t Sandvik LH115L low-profile load haul... 

Sandvik invests in local equipment facility, launches new  low-profile load haul dumpers
Sandvik Southern Africa sales area VP Simon Andrews and Ekurhuleni mayor Mzwandile Masina discuss the importance of Sandvik’s new production facility

Chamber agrees to Minister's written undertaking

By: Martin Creamer     13th September 2017 The Chamber of Mines advises that, following an approach by legal counsel representing Mineral Resources Minister Mosebenzi Zwane, it has reached an agreement with him through his legal counsel in respect of the chamber’s urgent interdict to prevent the implementation of Mining Charter Three, as... 

Chamber agrees to Minister's written undertaking
Chamber of Mines CEO Roger Baxter

Poor market conditions lead to diversification

By: Marleny Arnoldi     8th September 2017 Owing to tough ferrochrome and ferromanganese market conditions globally, process and engineering service provider Metix has had to widen its focus beyond ferrous metals and target the processing of other commodities.  

Assore posts record headline earnings

By: Ilan Solomons     8th September 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Assore posts record headline earnings
Photo by Assore
CHARLES WALTER Iron-ore and manganese ore prices have reflected improved global economic conditions

Mining production growth slows to 0.9% y/y in July

By: Anine Kilian     7th September 2017 Mining production growth slowed to 0.9% year-on-year in July, compared with production growth of 1.3% year-on-year in June. Statistics South Africa’s (Stats SA’s) latest mining production report, published on Thursday, showed that manganese ore, chromium ore, diamonds and gold were the main... 

Sandvik unveils new R15m local production facility, launches new LHD line 

By: Ilan Solomons     5th September 2017 Mining equipment and services provider Sandvik Mining and Rock Technology on Tuesday officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility, which has ten production bays, coincided with the launch of the 5 t Sandvik LH115L low-profile load... 

Sandvik unveils new R15m local production facility, launches new LHD line
Sandvik Southern Africa sales area VP Simon Andrews and Ekurhuleni mayor Mzwandile Masina discuss the importance of Sandvik’s new production facility

Bauba swings to FY profit

By: Creamer Media Reporter      1st September 2017 JSE-listed Bauba Platinum swung to a net profit of R95.53-million in the financial year ended June 30, compared with a loss of R5.23-million in the prior financial year. The company’s only operating mine Moeijelijk resumed mining activities in January amid a significantly improved chrome ore market. 

Despite high upfront costs, technology investments yield long-term savings – BMI

By: Mia Breytenbach     1st September 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Despite high upfront costs, technology investments yield  long-term savings – BMI
LONG-TERM BENEFIT BMI expexts long-term cost savings to benefit companies that are ahead of the curve when it comes to prioritising green strategies

Red Metal Mining

     1st September 2017 Diversified project engineering house Red Metal Mining (RMM) is focused on the specialised design of cast resin dry-type transformers, mini substations and electrical automation systems required by mining and associated industries. “Wherever electricity is generated, distributed, or required, we... 

Red Metal Mining

Palladium-propelled US buy quickly paying its own way – Sibanye-Stillwater 

By: Martin Creamer     31st August 2017 Not only has the palladium price soared by 64% since Sibanye began discussions for the acquisition of Stillwater Mining, the world’s largest primary palladium producer, but the Stillwater operation itself has also performed well under its new owner. At current basket prices, Stillwater will pay... 

Palladium-propelled US buy quickly paying its own way – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman speaks to Mining Weekly Online’s Martin Creamer on the Stillwater mine’s palladium endowment. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Tharisa, Lonmin in PGM-rich metal alloys accord

By: Martin Creamer     31st August 2017 Platinum- and chrome-mining company Tharisa is to commission a 1 MW pilot-scale furnace to produce metal alloys rich in platinum-group metals (PGMs). Tharisa, headed by CEO Phoevos Pouroulis, is taking this action through its beneficiation research and development subsidiary Arxo Metals, which... 

Tharisa, Lonmin in PGM-rich metal alloys accord
Tharisa CEO Phoevos Pouroulis

Northam Platinum set to self-fund R1.3bn capex programme 

By: Martin Creamer     29th August 2017 The capital expenditure of platinum-mining company Northam in this financial year is expected to reach the R1.3-billion mark, well above the R774-million in the 12 months to June 30. Northam, which is in the midst of significant expansion, sees project execution as the key to its foreseeable future. 

Northam Platinum set to self-fund R1.3bn capex programme
Northam Platinum CFO Ayanda Khumalo outlines financials to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel da Silva

Northam initiates R100m tailings retreatment project 

By: Martin Creamer     28th August 2017 A new R100-million tailings retreatment project has been initiated by platinum-mining company Northam at its Booysendal South asset, acquired from Aquarius Platinum. The project, which involves hydromining and the reprocessing of the of the Booysendal South tailings storage facility (TSF), aims... 

Northam initiates R100m tailings retreatment project
Northam Platinum CEO Paul Dunne outlines tailings project to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel da Silva.

Platinum, palladium, rhodium on 3-way price parity path – Northam 

By: Martin Creamer     25th August 2017 The platinum group metals (PGM) market may be heading for three-way price parity, Northam Platinum CEO Paul Dunne pointed out when the company presented a 60% rise in operating profit to R614-million in the 12 months to June 30, reflecting the benefits of the company’s growth strategy,... 

Platinum, palladium, rhodium on 3-way price parity path – Northam
Northam Platinum CEO Paul Dunne and CFO Ayanda Khumalo at results presentation covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd.

Corporate and govt cooperation needed to drive energy stability

By: Robyn Wilkinson     25th August 2017 There needs to be ongoing open dialogue between the corporate sector and government to ensure that energy supplies for mining projects are secured and stabilised timeously to take advantage of valuable economic opportunities in Africa, says Johannesburg-based consultancy Core Consultants founder... 

Corporate and govt cooperation needed to drive energy stability
LARA SMITH Governments’ lead times for approving new power plants in African countries are often too long, resulting in a failure to realise the full potential of valuable mining projects

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