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CSR News

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

By: Martin Creamer     Updated 7 hours ago 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... 

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

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 provides update on its transition to low-carbon economy

By: Martin Creamer     18th February 2020 JOHANNESBURG (miningweekly.com) – Diversified mining and marketing company Glencore on Tuesday published an update on its performance in transitioning towards a low-carbon economy. This follows its climate change position statement of February 2019. 

Glencore provides update on its transition to low-carbon economy
Photo by Bloomberg
Ivan Glasenderg

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.

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.

New boss for Mexico’s largest openpit mine

By: Tracy Hancock     14th February 2020 Colorado-based gold mining company Newmont will transfer its Boddington gold and copper mine GM, Jim Cooper, from Australia to Mexico in the first quarter of this year to optimise its civil action-plagued Peñasquito openpit mine to improve productivity, lower costs and extend mine life. Newmont... 

New boss for Mexico’s largest openpit mine
PRODUCTIVITY PICK UP One of the key focus areas for Peñasquito includes improving throughput at the front end of the mill

Global interest growing in Canada’s sustainability initiative

By: Tracy Hancock     14th February 2020 The implementation of the Mining Association of Canada’s (MAC’s) Towards Sustainable Mining (TSM) initiative at its members’ operations is helping drive demand for Canadian investment in global mining jurisdictions. “We are extremely proud of all that TSM has accomplished in terms of raising the... 

Global interest growing in Canada’s sustainability initiative
EXPORTING STANDARDS Canada’s Towards Sustainable Mining initiative has been adopted by Finland, Argentina, Botswana, the Philippines and Brazil, with mining associations in many other countries expressing their interest

Low carbon future to dictate PDAC 2020 talks

By: Tracy Hancock     14th February 2020 Mineral exploration and mining’s role in the global shift towards a low carbon future could dominate discussions at this year’s Prospectors & Developers Association of Canada (PDAC) Convention, PDAC executive director Lisa McDonald tells Mining Weekly. “To meet demand for electric vehicle... 

Low carbon future to dictate PDAC 2020 talks
CRITICAL GATHERING Popular topics that should continue to attract high attendance at the PDAC Convention are diversity and inclusion, sustainability, capital markets and Indigenous affairs

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.

ICMM launches enhanced mining principles, membership requirements

By: Simone Liedtke     13th February 2020 The International Council on Mining and Metals (ICMM) has launched its enhanced membership requirements, called the ICMM Mining Principles, which now include site-level validation and transparent disclosure. These requirements seek to maximise the industry’s benefits to host communities and... 

Unions launch ‘rise up’ campaign as SoNA, National Budget approach

By: Simone Liedtke     12th February 2020 South Africa finds itself looking over a precipice as the economic malaise currently being experienced all but places the nation at a point of no return, trade union federation, the South African Federation of Trade Unions (Saftu) said in a statement published on Wednesday. With the country... 

'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.

DRDGold hits dividend high spot

By: Martin Creamer     12th February 2020 Surface gold mining company DRD Gold has hit the dividend high spots by extending its dividend declarations to the thirteenth consecutive year. The company, headed by CEO Niël Pretorius, has declared a dividend of 25c a share for the six months ended December, which follows a six-fold increase in... 

DRDGold hits dividend high spot
Photo by Creamer Media
Niël Pretorius

Another step forward for world’s largest hydrogen truck at Mogalakwena

By: Martin Creamer     12th February 2020 Development of the world’s largest hydrogen-powered mine truck took another step forward this week. Autocar reports that Anglo American has engaged Williams Advanced Engineering to  help develop the new fuel cell electric vehicle that will be put through its paces at South Africa’s Mogalakwena... 

Another step forward for world’s largest hydrogen truck at Mogalakwena
Platinum group metals helping to fight climate change.

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.

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

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,

Budget deficit reflects mining decline in DRC

By: Halima Frost     7th February 2020 Macroeconomic researcher Fitch Solutions expects that the Congolese budget deficit will widen from an estimated 0.7% of gross domestic product in 2019 to 1.1% in 2020, owing to declining revenues from the mining sector. The Congolese mining sector has a major bearing on government revenues,... 

Budget deficit reflects mining decline in DRC
DARK DAYS The mining industry in the Democratic Republic of Congo has experienced some dark times over the last few years

Microjobbing platform allows for direct mining community development

By: Schalk Burger     7th February 2020 Microjobbing platform Money4Jam (M4Jam) has enabled a mine to more deeply and substantively engage with its surrounding communities by providing them with direct employment opportunities and helping to develop local suppliers, says M4Jam CEO Georgie Midgley. The impact of the six-month trial is... 

Microjobbing platform allows for direct mining community development
GEORGIE MIDGLEY M4Jam provides work opportunities and experience, and bridges the gap between small and large businesses

Cobalt demand drives illegal trade

By: Halima Frost     7th February 2020 Increased global demand for cobalt is spurring mining activity in the Democratic Republic of Congo (DRC), specifically illegal and artisanal operations. The southern point of the DRC is reported to contain about two-thirds of the world’s natural cobalt reserves. 

Cobalt demand drives illegal trade
IN THE TRENCHES Dire living and working conditions found in the Democratic Republic of Congo drive the artisanal and illegal mining sector

Land agreement in motion for cobalt producer

By: Halima Frost     7th February 2020 Katanga Mining, the Glencore subsidiary that operates in the Democratic Republic of Congo (DRC) has, as reported by Mining Weekly Online last month, reached an agreement to acquire land where it could build a new long-term tailings facility for its 75%-owned Kamoto Copper Company (KCC) operation.... 

Anglo’s Cutifani stresses the need for sustainable mining  

By: Simone Liedtke     3rd February 2020 Despite mining’s contribution to almost every aspect of modern life, the industry is still seen as an industry “that takes more than it gives”, Anglo American CEO Mark Cutifani lamented in his keynote address at this year’s Investing in African Mining Indaba, which is taking place in Cape Town,... 

Anglo’s Cutifani stresses the need for sustainable mining
Anglo American CEO Mark Cutifani delivers his keynote address to delegates attending this year's Investing in Africa Mining Indaba. Source: Anglo American.

AngloGold restarts Obuasi

By: Schalk Burger     30th January 2020 JSE-listed gold miner AngloGold Ashanti has successfully restarted its Obuasi gold mine, in Ghana. The mine is being developed into a mechanised underground mine after a five-year hiatus, the company said in a statement on Thursday. 

AngloGold restarts Obuasi
The Obuasi mine, in Ghana.

Amplats earnings set to soar despite power outages 

By: Martin Creamer     28th January 2020 The shareholders of Anglo American Platinum (Amplats) have been advised that the earnings of the platinum group metals (PGMs) mining company for the 12 months to end December are poised to soar sky high, despite the setback of Eskom’s power outages. The big expected earnings increases have been... 

Amplats earnings set to soar despite power outages
Photo by Creamer Media
Chris Griffith

ESG risk management increasingly important for mining companies

By: Tasneem Bulbulia     28th January 2020 Within the mining and minerals sector, investors are increasingly integrating environmental, social and governance (ESG) into their investment process to help secure capital during fundraising, identify risks during due diligence, capitalise on opportunities post-acquisition, and facilitate... 

Water atomiser can reduce silicosis risk

By: Darren Parker     24th January 2020 Mine ventilation equipment manufacturer Terramin is experiencing an uptick in demand for its Terrablast in-stope water-atomising device. Terramin CEO Martin van Schoor – who will be attending the Investing in African Mining Indaba this year, in Cape Town – believes that the uptick can, in part,... 

Water atomiser can reduce silicosis risk
SPRAY AND PRAY The adjustable Fagamanzi nozzle enables proper watering down in the hope that silica dust levels can be suppressed

Chamber hopes to extend health and safety project

By: Darren Parker     24th January 2020 The South African–German Chamber of Commerce and Industry’s (SAGCCI’s) Mine Health and Safety Project is heading into its third and final year this year. The project was initiated in 2018 as part of the SAGCCI’s Competence Centre for Mining and Mineral Resources Southern Africa, which was... 

Chamber hopes to extend health and  safety project
A HEALTHY TURNOUT The Mine Health and Safety Project has had a successful run so far, warranting a renewal after 2020

Sustainability, investment and digitalisation top agenda at 2020 Indaba

By: Simone Liedtke     24th January 2020 The organising team of the 2020 iteration of the Investing in Africa Mining Indaba notes an increased appetite for engagement within the African mining sector, particularly for discussions around sustainability. Media company Hyve Group content head Tom Quinn says this is evidenced by the... 

Sustainability, investment and digitalisation top agenda at 2020 Indaba

Africa expected to be responsible producer

By: Tracy Hancock     24th January 2020 Global commodities markets expect African producers to deliver “ethically” produced, traded and transformed material, says responsible sourcing auditing and advisory company RCS Global CEO Dr Nicholas Garrett. Responsible sourcing practices are resulting in higher standards at African mining... 

Africa expected to be responsible producer
Photo by Bloomberg
SCOPE WIDENING Cobalt remains the commodity under the most scrutiny in terms of responsible sourcing, but focus is expanding to include other key battery and tech-metal supply chains

Equipment supplier advancing 4IR offering

By: Tracy Hancock     24th January 2020 The development of an intelligent cyclone by minerals processing equipment supplier Multotec is at an advanced stage, Multotec South African Operations CEO Rikus Immink tells Mining Weekly. Through the instrumentation of its ceramic-lined cyclones, Multotec is aligning itself to the automation... 

Equipment supplier advancing 4IR offering
EMPLOYEE BENEFITS Multotec cannot do without its 1 600 factory workers, as the manufacture of some of its products is labour intensive

Indaba continues to drive investment opportunities

By: Tracy Hancock     24th January 2020 Investment in South African exploration has been lean of late, with numerous factors contributing to this reality, including the state of the economy and the ability to secure seed funding, says Investing in African Mining Indaba head of content Tom Quinn, of UK event organiser Hyve Group. “We... 

Indaba continues to drive investment opportunities
ROGER BAXTER Hyve brainstormed with the Minerals Council South Africa CEO how to include the topic of investing in South African exploration

General Counsel Forum offers solutions

By: Tracy Hancock     24th January 2020 The job description of in-house mining counsel is fast evolving – from being only a legal adviser and setting up compliance and risk indicators to being a generalist who assists in developing long-term company strategy, says diversified mining and exploration company Bauba Resources group legal... 

General Counsel Forum  offers solutions
AVIONA MABASO Developing processes aimed at gaining foresight about your business and how susceptible it is to external factors will help companies weather storms

Climate change to amplify challenges

By: Tracy Hancock     24th January 2020 Economists agree that climate change risks have, to date, been underestimated by industry in general, including mining, says consulting engineers and scientists SRK Consulting South Africa director and principal consultant Andrew van Zyl. Consequently, he expects that challenges associated with... 

Climate change to  amplify challenges
IN-COUNTRY ADVANTAGE With offices in the Democratic Republic of Congo and Ghana, SRK can closely follow industry developments cited at Mining Indaba ‘on the ground’
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