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CSR News

Grassroots shareholders celebrate black-controlled manganese mine’s R300m dividend

By: Martin Creamer     29th June 2017 Against the background of rising calls for radical economic transformation in South Africa’s mining sector, particularly transformation that benefits the country’s communities, grassroots shareholders of the black-controlled Ntsimbintle were last week able to celebrate the Northern Cape manganese... 

Black junior Wescoal set to soar 

By: Martin Creamer     28th June 2017 Stripping out Wescoal’s once-off nonrecurring costs paints a pretty picture of the performance of this black-controlled coal-mining and coal-marketing junior, which has declared a dividend payout of R22-million compared with R10-million last year The once-off costs of R90-million arose from the... 

Black junior Wescoal set to soar
Mining Weekly Online’s Martin Creamer talks to Wescoal CEO Waheed Sulaiman on the company’s results in the 12 months to March 31. Video and Video Editing: Lionel da Silva

Guatemala police clear access to Tahoe’s blocked Escobal mine

By: Henry Lazenby     23rd June 2017 Police have used teargas to clear a public road near the town of Casillas, in south-east Guatemala, of protesters blocking access to Canadian miner Tahoe Resources’ controversial Escobal mine, the third-largest silver mine in the world. The TSX- and NYSE-listed miner said in a statement on Friday... 

Mining Charter violates shareholder rights – Hogan Lovells

By: Martin Creamer     23rd June 2017 Mining Charter Three’s arbitrary increase of empowerment shareholding to 30% violates the property rights of shareholders, and the new charter’s requirement to pay 1% of yearly turnover is not expected to survive challenges under the Companies Act and the Constitution. Property rights under the... 

Mining Charter violates shareholder rights – Hogan Lovells
Hogan Lovells partner Wessel Badenhorst

Glencore paid $4bn in taxes, royalties in 2016

By: Natasha Odendaal     23rd June 2017 Triple-listed Glencore on Friday reported it had paid some $4-billion in taxes and royalties to governments in 2016. Some $1.78-billion related to payments in respect of the extractive activities under the reporting requirements of the European Union (EU) directive, the mining giant’s yearly... 

Interim Volta Grande injunction lifted; Belo Sun works to resolve federal ban

By: Henry Lazenby     23rd June 2017 Brazil-focused project developer Belo Sun Mining on Thursday reported that the Agrarian Court of Altamira has lifted the temporary injunction related to the construction licence (LI) for the Volta Grande gold project. The court in February issued a temporary 180-day injunction halting certain... 

De Beers establishes incubation hub for Kroonstad’s entrepreneurs

By: Ilan Solomons     23rd June 2017 Diamond miner De Beers’ Voorspoed mine has officially unveiled its Incubation Support Programme for small, medium-sized and microenterprises (SMMEs) at the miner’s Zimele business hub in Kroonstad, in the Free State. The programme is aimed at helping budding entrepreneurs. Thirty-five people from... 

De Beers establishes incubation hub for Kroonstad’s entrepreneurs
Photo by De Beers
PROVIDING A HELPING HAND De Beers supply development lead Lesiba Lamola with some of the incubatees of the Incubation Support Programme

Lonmin risk manager spells out four scenarios local mines may be exposed to in 2017

By: Ilan Solomons     23rd June 2017 In the Institute of Risk Management South Africa’s (IRMSA’s) recently launched 2017 risks report, four scenarios laying out how the country’s National Development Plan (NDP) might potentially be executed are tabled. As part of ensuring that mining companies have a thorough understanding of the... 

Lonmin risk manager spells out four scenarios  local mines may be exposed to in 2017
Photo by Duane Daws
BUILDING BOUYANCY Despite being a ‘taker’, resilient mining companies are able to absorb certain factors as a result of their planning and execution processes

Mines urged to ensure their operations are socially, environmentally sustainable

By: David Oliveira     23rd June 2017 Companies across all sectors are having to toe the line and create operations that are environmentally and socially sustainable; however, the path to sustainability is often unclear in a sector largely known for generating huge profit yields with equally huge negative environmental and social... 

Much progress in mineworker housing delivery but more needs to be done

By: Ilan Solomons     23rd June 2017 Many migrant employees do not want to permanently move to mining towns, but prefer to maintain and return to their homes in rural areas, says the Chamber of Mines (CoM) of South Africa, citing its research and experience in the industry. “Providing permanent urban dwellings, as well as urban home... 

Much progress in mineworker housing delivery but more needs to be done

Anne Marie Toutant takes the reins as new MAC chair

By: Creamer Media Reporter      22nd June 2017 The Mining Association of Canada (MAC) on Wednesday announced that Anne Marie Toutant has been elected chairperson for the next two-year term. Currently employed as the VP for Suncor Energy’s Fort Hills oil sands project, in Alberta, she succeeds outgoing chairperson and Cameco senior VP and COO... 

Mining Charter set to worsen stakeholder relations – Bench Marks

By: Martin Creamer     20th June 2017 The new Mining Charter is the flawed outcome of inadequate consultation with communities, the board of the Bench Marks Foundation said on Tuesday, when it warned that the document is poised to worsen stakeholder relations. Bench Marks executive director John Capel condemned the new charter as a... 

Mining Charter set to worsen stakeholder relations – Bench Marks
Photo by Reuters
Rt Rev Dr Jo Seoka, chairperson of the Bench Marks Foundation, which has launched a scathing attack on the new Mining Charter.

Busiest project bidding period ever – ELB 

By: Martin Creamer     20th June 2017 Johannesburg Stock Exchange-listed ELB Group is having its busiest project bidding period ever, and is seeing a strengthening in base metals and great opportunities in gold. “In the last six months, we’ve experienced our busiest bidding period ever,” ELB Group CE Dr Stephen Meijers told Mining... 

Busiest project bidding period ever – ELB
Creamer Media is talking to Dr Stephen Meijers, the CEO of The ELB Group, which was established as long ago as 1919 and which continues to be a world-class engineering performer off a strong South African base. Camerawork: Darlene Creamer. Editing: Lionel da Silva.

Access to Tahoe’s Escobal mine blocked, guidance remains unaffected

By: Henry Lazenby     20th June 2017 Protestors near the town of Casillas, in south-east Guatemala, have blocked access to precious metals miner Tahoe Resources’ flagship Escobal mine, the third-largest silver mine in the world. The protests appear to relate to a variety of issues, including claims that mining at Escobal is causing... 

Access to Tahoe’s Escobal mine blocked, guidance remains unaffected
Photo by Tahoe Resources
Tahoe Resources' Escobal mine, in Guatemala

Incubation fund launched to support mining startups

By: Ilan Solomons     16th June 2017 In response to the funding challenges young business people in the South African mining industry are faced with, a fellow young professional in the mining industry has recently established the Simba Mgodi Mining Incubation Fund to assist start-ups in the mining industry and junior miners looking... 

Incubation fund launched to support mining startups
Photo by Yeabo Mining
ZWELI MKHIZE AND OLEBOGENG SENTSHO Olebogeng Sentsho receiving ‘Outstanding Woman in Mining Award’ from Zweli Mkhize at the Youth in Mining Business Awards in 2016

Pumps companies among winners at awards ceremony

16th June 2017 Family-owned, Centurion-based pumps manufacturer Hazelton Pumps has walked away with the Most Innovative Award and the Best Customer Service of the Year Award – as it did in 2015 – at the third annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence.... 

Pumps companies among winners at awards ceremony
Photo by Duane Daws
KAIZER NYATSUMBA In such turbulent economic times and a challenging business environment, it is critically important for those companies which excel at what they do to get the acknowledgement and recognition that they deserve

Consolidation of efforts key to increasing youth participation in mining

By: Ilan Solomons     16th June 2017 South Africa’s mining sector needs to consolidate its current youth development initiatives to ensure meaningful upliftment of the country’s youth, says Chamber of Mines (CoM) of South Africa skills development head Mustak Ally. The pooling of resources will provide a more focused and centralised... 

Consolidation of efforts key to increasing youth  participation in mining

Chamber going to court to halt devastating charter blow to already battered mining sector 

By: Martin Creamer     15th June 2017 The Chamber of Mines of South Africa will be applying at the earliest opportunity for a court date for a declaratory order on continuing empowerment consequences, as well as immediately seeking an interim court interdict to suspend the implementation of Mining Charter Three, the devastating set... 

Chamber going to court to halt devastating charter blow to already battered mining sector
Photo by Creamer Media
Chamber of Mines of South Africa president Mxolisi Mgojo

Guyana Goldstrike reports first sales from Marudi

By: Henry Lazenby     15th June 2017 Guyana Goldstrike has recorded maiden sales of 910 oz of gold, which were mined and recovered by local small-scale alluvial, or artisanal, miners on the company’s Marudi gold project, as part of a corporate social responsibility drive. Through a cooperative agreement, artisanal miners have been... 

De Beers’ Voorspoed mine initiates Kroonstad entrepreneur scheme

By: Ilan Solomons     9th June 2017 Diamond miner De Beers’ Voorspoed mine on Friday officially unveiled its Incubation Support Programme for small, medium-sized and microenterprises (SMMEs) at the miner’s Zimele business hub in Kroonstad, in the Free State. The programme is aimed at helping budding entrepreneurs. Thirty-five... 

De Beers’ Voorspoed mine initiates Kroonstad entrepreneur scheme
Photo by De Beers
De Beers supply development lead Lesiba Lamola with some of the incubatees of the Incubation Support Programme

Inca One gold output nearly doubles to record high despite bad Peruvian weather

By: Henry Lazenby     7th June 2017 Junior Canadian mineral processing company Inca One Gold has nearly doubled its gold output in Peru, despite dealing with a particularly harsh rainy season that has left its mark on the country’s economy. TSX-V-listed Inca One’s main asset is its Chala One gold milling facility, in Peru,... 

‘Auspicious’ time for M&A, yet difficult to secure capital – mining survey

By: Henry Lazenby     6th June 2017 There is a clear indication that mergers and acquisitions (M&A) activity among smaller players in the mining sector will increase this year, while the majors will increase divestitures to focus on core commodities. This will, in turn, benefit some of the midtiers that are able to make... 

‘Auspicious’ time for M&A, yet difficult to secure capital – mining survey

Association to drive Zambian copper product use, membership

By: Nica Schreuder     2nd June 2017 Nonprofit organisation promoting copper use in Africa the Copper Development Association Africa (CDAA) is aiming to promote the use of Zambian copper products and increase CDAA membership throughout the Copperbelt region, which covers Zambia and the Democratic Republic of Congo (DRC). The... 

Association to drive Zambian copper product use, membership
Photo by Bloomberg
AVOIDING FOUL PLAY Replacing polyethylene and high-density polyethylene-netting with copper cages will eradicate biofouling and fish mortality

Merger expands value of expo

By: Nica Schreuder     2nd June 2017 This year is the first time Caminex and the Copperbelt Mining Trade Expo and Conference (CBM-TEC) will be held as a combined event from June 6 to 8 at the Kitwe showgrounds, in Zambia, to create a more valuable trade expo by combining the shows’ resources and strengths. From 2018, the exhibition... 

Zambian company seeks multicommodity approach

By: Nica Schreuder     2nd June 2017 Zambian Investment holdings company ZCCM CEO Dr Pius Kasolo has emphasised the importance of the company’s adoption of a multi-commodity approach as part of its resilience, in light of the cyclical nature of commodities. Presenting investment opportunities for potential strategic partners at the... 

Zambian company seeks multicommodity approach
PORTFOLIO DIVERSIFICATION ZCCM, whose portfolio has 90% exposure to copper, aims to tap into new sources of consistent and stable income

Earth observation satellites starting to bring benefits to mining sector

By: Keith Campbell     2nd June 2017 At last month’s International Symposium on Remote Sensing of the Environment, held at the Council for Scientific and Industrial Research (CSIR) in Pretoria, one of the very many topics addressed was the use of remote sensing, particularly from Earth observation (EO) satellites, to support the... 

Earth observation satellites starting to bring benefits to mining sector

Antimicrobial tech could bolster copper beneficiation

By: Nica Schreuder     2nd June 2017 Nonprofit organisation promoting copper use in Africa the Copper Development Association Africa (CDAA) is negotiating the use of antimicrobial copper technology at healthcare clinics in copper-rich African countries, which could aid the continent’s beneficiation goals. The initiative, launched in... 

Veladero strike ends; formal dialogue with trade union estabished

By: Henry Lazenby     29th May 2017 Workers belonging to the AOMA union at the Veladero mine, in San Juan province, Argentina, has restarted work on Monday afternoon after downing tools early on Sunday. Barrick did not elaborate on the union’s issues of concern, but said it is in dialogue with union leadership to “seek a timely... 

Canada publishes rules to reduce oil and gas sector methane emissions, air pollution

By: Henry Lazenby     26th May 2017 Canada has introduced new rules aimed at reducing methane emissions and cutting air pollution from its significant oil and gas industry, a move that met with mixed reaction from the industry itself. Minister of Environment and Climate Change Catherine McKenna introduced the new regulation on... 

Canada publishes rules to reduce oil and gas sector methane emissions, air pollution

Botswana business expected to ‘flourish’

By: Simone Liedtke     26th May 2017 Mineral processing equipment solutions provider Multotec aims to find a balance between initiatives that drives localisation and benefits communities in Botswana, and the advantages associated with international connections, following the relaunch of the fully-fledged Botswana-registered and... 

Botswana business  expected to ‘flourish’
CUSTOMER SERVICE Multotec field service teams are based on-site at key customers in Botswana

Botswana to adopt Canadian model of sustainability

26th May 2017 A Canadian model aimed at improving the sustainability of mining through environmental and community outreach practices is being introduced in Botswana, says mining networking platform African Mining Network (AMN) chairperson Yolanda Torrisi. 

Botswana to adopt Canadian model  of sustainability
CONTINUOUS ASSESSMENT TSM requires miners to continuously assess their mining practices and report them to the community

Access to First Majestic’s La Encantada mine blocked by rogue protestors

By: Henry Lazenby     24th May 2017 A group of rogue unionised employees at First Majestic Silver’s La Encantada mine, in Mexico, has formed an illegal blockade, blocking access to the mine and forcing operations to a halt, the company reported Wednesday. These rogue workers cited disagreement with the most recent bonus pay-out,... 

Vedanta hits production high spot at Black Mountain

By: Martin Creamer     24th May 2017 Diversified mining company Vedanta has achieved its highest quarterly production in four years at Black Mountain in South Africa, where the Gamsberg zinc project is on track to begin production towards the middle of next year. In addition, mobilisation on the Skorpion pit layback, in neighbouring... 

Vedanta hits production high spot at Black Mountain
Photo by Bloomberg
Vedanta chairperson Anil Agarwal

AuRico Gold, First Nations ink impact benefit accord

By: Henry Lazenby     19th May 2017 TSX-listed AuRico Metals and First Nations surrounding the Kemess underground project have signed an impact benefits agreement (IBA) for the Kemess underground project, in British Columbia, solidifying local relationships and ensuring the project provides economic opportunities and benefits to... 

Implats trial of safety packed drill rig imminent 

By: Simone Liedtke     19th May 2017 The Safe Quality Stoping (SQS) face advance drill rig from Brits-based mining machinery manufacturer GST Drilling will be trialled at platinum miner Impala Platinum’s (Implats’) E&F operation, in Rustenburg, South Africa, in the next few weeks. “This trial represents the modernisation of mining... 

Implats trial of safety  packed drill rig imminent
Safe Quality Stoping (SQS) face advance drill rig from Brits-based mining machinery manufacturer GST Drilling and original-equipment developer Scamont Engineering is being demonstrated. Camerawork: Nicholas Boyd. Editing: Lionel da Silva.

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still a water scarce area of the country. Helping neighbouring communities survive this disaster, investment company Menar Holding’s... 

KZN coal mine supplying communities’ water needs and more, mulls output expansion
Zululand anthracite colliery discusses the importance it places on providing potable water for the local communities, as well as provides a mining operational update. Camerawork: Nicholas Boyd. Editing: Darlene Creamer.

New cost-slashing platinum technology gaining impressive momentum

By: Martin Creamer     18th May 2017 The new cost-slashing, time-saving, capital-unlocking, mine-broadening and cobalt-saving platinum technology, driven by diversified mining company Pallinghurst and South Africa’s State-owned Industrial Development Corporation (IDC), is gaining impressive international momentum as an initiative... 

New cost-slashing platinum technology gaining impressive momentum
Photo by Duane Daws
Pallinghurst chairperson Brian Gilbertson (centre), Pallinghurst CEO Arne Frandsen (right) in an earlier discussion with Martin Creamer on the new platinum technology.

Shadow Minerals Minister warns of ‘disastrous’ mining outlook 

By: Martin Creamer     18th May 2017 Shadow Mineral Resources Minister James Lorimer forecasts that South Africa’s new minerals legislation and new charter will be “disastrous” for an industry already crippled by hugely diminished capital injection and massive year-on-year job loss. The Opposition Democratic Alliance (DA) MP, who... 

Shadow Minerals Minister warns of ‘disastrous’ mining outlook
Shadow Mineral Resources Minister James Lorimer

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