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Martin Creamer

Martin Creamer

Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Editorial Insight

Minerals Ministry, DMR playing with fire, destroying industry, opening way for rampant illegal mining

By: Martin Creamer     21st July 2017 In its current poor state, mining and the companies that depend on it are likely to disappoint the Treasury when it comes to next paying tax. What the Minerals Ministry and its errant Department of Mineral Resources (DMR) have failed to recognise in gazetting Mining Charter Three is that a... 

What the Minerals Ministry should be focusing on to ensure mining’s competitiveness

By: Martin Creamer     14th July 2017 What South Africa’s Mineral Resources Ministry and the Department of Mineral Resources (DMR) has come up with for mining so far is simply unsustainable. It is destructive rather than constructive and simply cannot last. When the penny drops with this administration or the next, a constructive... 

Minerals Ministry, DMR crushing South Africa’s mining sector, depriving current citizens, future generations of economic wellbeing

By: Martin Creamer     7th July 2017 Fourteen years ago, I attended a sod turning ceremony at a manganese project in South Africa’s Northern Cape. The project was made possible by a R1.7-billion investment by foreigners.  

Mining Charter Three will slow South Africa’s economic flywheel devastatingly if it is not trashed

By: Martin Creamer     30th June 2017 Mining provides virtually half of South Africa’s foreign currency from a quarter of its exports. Without these foreign currency earnings, South Africa’s participation in global trade stands to be decimated. 

Botswana diamond industry goes ex-growth, diamond exploration funds not forthcoming, Botswana determined to be investor friendly

By: Martin Creamer     23rd June 2017 With Botswana's diamond secor going ex-growth, a storng call has been made for the country to consider adopting Canada's flow-through tax incentive as a way of boosting investment in diamond exploration in Botswana, where the new Mineral Resources Minister is determined to make the country's... 

Platinum price determination mysteries remain as already shrunken supply heads for greater decline

By: Martin Creamer     16th June 2017 The vagaries of platinum price determination – particularly in futures markets – remain somewhat mysterious and disappointingly opaque, with a futures market record pointing to negligible near-term trading, but hectic futures trading.  

Small diamond mines running into trouble, diamond beneficiation being put at risk, hopes rising for platinum Mandela coin

By: Martin Creamer     9th June 2017 Four small diamond mines have closed in as many months, Soouth Africa's diamond cuting and polishing industry is being put at risk by a bewildering Ministerial decision and hopes rising for trhe minting of a Mandela coin in platinum. 

Zambezi Protocol guiding chamber in search for new identity

By: Martin Creamer     2nd June 2017 The 128-year-old Chamber of South Africa dropped a bombshell last week when it announced that it will be changing its name and identify and staging a new beginning. It also revealed that in doing so, it will be using the Zambezi Protocol as an important guiding light. 

SA Mint should revisit plans for Mandela coin after Royal Mint blazes new platinum trail

By: Martin Creamer     26th May 2017 The decision of the Royal Mint in the UK to launch its first ever platinum bullion products has rekindled hopes that the South African Mint will wipe the dust off its plans for a Mandela coin in platinum. In what is potentially a beneficial measure to boost platinum demand, the 1 000-year-old... 

South Africa Inc needs to pull out all stops to boost platinum demand

By: Martin Creamer     19th May 2017 Platinum has special South African significance, which presents an ideal opportunity for business, government and labour to work together to revive the falling fortunes of platinum group metals (PGMs), the rising palladium price rise notwithstanding. Huge emphasis needs to be placed on the demand... 

Collapsed platinum price demands rethink as vulnerable mines face loss deterioration

By: Martin Creamer     12th May 2017 The platinum price has fallen through the floor and as I write this column, it remains in the doldrums. Last week’s platinum price collapse to $893/oz had warning bells ringing loudly and what is essential now is for steady hands be placed on the industry’s tiller to navigate towards... 

Steady hand on the tiller needed to steer South Africa through stormy waters

By: Martin Creamer     5th May 2017 South Africa is going through a dangerous period, with recent political developments putting into sharp focus the urgent need to reverse this country’s decline. At no time since the transition to democracy in 1994 has governance, confidence, justice, peace and stability been at such a low ebb. 

Platinum still in wrong direction, new rock crushing technology, revised charter fails to emerge

By: Martin Creamer     28th April 2017 The platinum price is still too low to keep the industry from inflicting damage to itself; a new rock crushing technology has been launched that is said to cut costs by 10% and increase uptime by the same percentage; and an adviser to the new Finance Minister reportedly tabled a blueprint that... 

Time to accelerate corporate action to alleviate South Africa’s nasty political downturn

By: Martin Creamer     21st April 2017 Listed South African companies are having a torrid time explaining to their foreign investors the implications of South Africa’s rapidly slumping political landscape. The CEOs of JSE-listed companies with significant foreign investors have had to spend an inordinate amount of time outlining the... 

Time for platinum industry to exercise supply discipline in oversupplied market

By: Martin Creamer     14th April 2017 It is difficult to see how some platinum-mining companies can be profitable at the current low dollar price of platinum in the $950/oz range. To continue to produce at current over-supplied levels is unsustainable. 

Mining modernisation a must to compete with global all-comers

By: Martin Creamer     7th April 2017 It does the economies of countries serious harm when government departments go off at administrative tangents, as the Department of Mineral Resources (DMR) is doing currently. This is a serious deviation from what was the case under previous DMR leadership, which promoted collective action from... 

It behoves all mines to adhere to new water reporting guide as important first step

By: Martin Creamer     31st March 2017 Water use has been growing at more than twice the rate of population increase in the last century. By 2025, 1 800-million people will be living in countries or regions with absolute water scarcity and two-thirds of the world population could be under water stress conditions. 

Mining’s role as economic transformation lever must be used to the full

By: Martin Creamer     24th March 2017 For the past century, the view of mining by the governments of Africa has been deficient as it prioritised rent maximisation and ignored mining's innate ability to function as a powerful lever for structural economic transformation.  Rightfully, this point is being emphasised by the African... 

South Africa Inc must force government to repair damage its ineptitude is causing

By: Martin Creamer     17th March 2017 South Africa’s economic growth remains inadequate to drive the changes required for the country’s socioeconomic challenges and the continued delay in the promulgation of key minerals legislation is deterring the investment required to make South Africa’s mining industry fire on all cylinders.... 

Errant DMR failing to act in best interests of the people of South Africa

By: Martin Creamer     10th March 2017 The Department of Mineral Resources (DMR) is failing to act in the best economic interests of the people of South Africa by continually trying to organise a separate kingdom for itself. Those currently leading the DMR are painting themselves into a corner in a manner that is going to hurt this... 

Mining in sync with Budget’s growth, social equity aims, but surprise dividend tax rise sets cat among pigeons

By: Martin Creamer     3rd March 2017 The response of the Chamber of Mines to last week’s Budget shows that mining is largely in sync with Finance Minister Pravin Gordhan’s aims of fostering competitive growth and greater social equity. But what the chamber sees as “potentially worrisome” is Gordhan’s surprise 33% hoisting of... 

Mining setting out to spread its benefits to maximum number of people

By: Martin Creamer     24th February 2017 There are many initiatives on the go at the moment that show the willingness of the mining sector to spread its benefits as far and as wide as possible for the benefit of a maximum number of people – and to hurt as few as possible Many mining visions are being enunciated to goad mining towards... 

New mining method needed, conditions for shared value, deglobalisation fears grow

By: Martin Creamer     17th February 2017 Latest estimates indicate that South Africa still has a colossal volume of hundreds of millions of tons of gold ore in the ground. In addition, there are tens of millions tons of high-grade ore locked in underground support pillars, accessible from current infrastructure and amenable to... 

Local fuel cell manufacturing launch good for platinum demand outlook

By: Martin Creamer     10th February 2017 The fuel cell plant launched this week has important potential demand implications for South Africa’s platinum-mining industry. With the Department of Trade and Industry, Isondo Precious Metals, headed by CEO Vinay Somera, has invested in a state-of-the-art German manufacturing plant technology... 

Digitisation momentum building up to boost mine productivity

By: Martin Creamer     3rd February 2017 The word ‘digitisation’ is on the lips of many at conferences and universities these days, with many outlining the notion of the total connectivity bringing significant productivity gains. Step one is said to be vertically integrating the supply chain from the mine stope to the boardroom and step... 

Mining majors use Davos to get their messages across

By: Martin Creamer     27th January 2017 Mining companies featured strongly in a multi-page feature in the edition of Time magazine that followed closely on the heels of the influential World Economic Forum meeting in Davos. Mining majors like South Africa’s Anglo American, America’s Newmont and Canada’s Goldcorp got their messages... 

Errant DMR doing itself out of a job

By: Martin Creamer     20th January 2017 The Department of Mineral Resources (DMR) is evoking increasing disappointment. Instead of doing South Africa proud, it is destroying this country’s reputation as an investment destination.It appears to have scant insight into the importance of economic growth, the need for foreign direct... 

International mining council correct to step in with new slimes dam measures

By: Martin Creamer     16th December 2016 The Samarco disaster, which last year claimed the lives of 19 people in Brazil, destroyed homes, cut off water supplies and damaged landscapes, is a warning to mining companies that mismanagement of their environmental eyesores is going to be punished like never before, with monumental financial... 

New confidence in thermal coal, zinc, nickel, copper, cobalt as demand lifts

By: Martin Creamer     9th December 2016 Mining companies need to be marketing companies as well. A major lesson of the downturn since 2008 is that mining companies need to be right up there with the top trading brains if they are to optimise their businesses and the economies of the countries in which they operate. 

Shared future backed by new social compact is pursuit of business leaders the world over

By: Martin Creamer     2nd December 2016 Earlier this year, Chamber of Mines of South Africa VP Neal Froneman chose the Joburg Indaba to I appeal to each and every mining industry leader to engage with one another on an equal, open and transparent footing whether they be from business, labour r government. He made this utterance against... 

Discredited DMR turns dictator as it makes ill-considered, unattainable demands on struggling industry

By: Martin Creamer     25th November 2016 The Department of Mineral Resources (DMR) has turned into a little dictator that is making ill-considered demands that do not have a snowball’s hope of being met. Instead of following the continent’s African Mining Vision and Zambesi Protocol, the DMR is going to find itself up the creek without... 

Business, labour need to engage on equal, open footing to develop new mining compact

By: Martin Creamer     18th November 2016 The point has been made that mining business and mining labour have never been closer than now and that they need to make use of this window opportunity to establish better foundation between themselves that can shame the government into moving mining forward for the benefit of all South... 

Department of Mineral Resources needs to be challenged, regulatory framework must be derisked, governance has to be provided

By: Martin Creamer     11th November 2016 Business and labour need to combine to shame the government into introducing good governnance into South Africa's regulatory framework for the minerals industry. 

Samarco, Merriespruit, Aberfan mine disasters need to weigh heavily on mining’s conscience to ensure that there is no recurrence

By: Martin Creamer     4th November 2016 Tomorrow marks the first anniversary of the horrendous Samarco mining disaster in Brazil, which resulted in the death of 19 people, the displacement of hundreds and the halting of water supply to 260 000 in what has been condemned as an "environmental catastrophe" 

African Mining Vision, Zambezi Protocol taking centre stage as South African mining companies espouse new insights

By: Martin Creamer     28th October 2016 Chamber of Mines of South Africa VP Neal Froneman has raised the Africa Mining Vision, Zambesi Protocol and possible Mining Truth and Reconciliation Commission as a means to ending the mining crisis in South Africa and the continent. 

Engendering trust among mining sector stakeholders essential for economic growth and employment

By: Martin Creamer     14th October 2016 Sibanye Gold CEO Neal Froneman delivered a bombshell speech at the Joburg Indaba, which would change the face of economic prospects on the African content with mining as the catalyst 

Gold discovery lagging badly with little hope of catch-up

By: Martin Creamer     7th October 2016 Gold is being discovered at a fraction of the rate needed to replenish reserves. 

Fall-of-ground accident study, commodity improvement, local continuous miner debuts

By: Martin Creamer     30th September 2016 Risk-based support design methodology is being imparted to rock engineering practitioners in the platinum sector; a better commodity environment is being discerned; and a new local continuous miner for trhe coal industry is being introduced. 

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