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Govt, private sector working constructively to tackle acid mine drainage in Wits basin 

By: Ilan Solomons Although acid mine drainage (AMD) in the Witwatersrand basin is the result of a legacy of environmental mismanagement of water resources by mines and lax enforcement of regulations by government, these role-players are working to constructively address this problem, says Department of Water and... 

Govt, private sector working constructively to tackle acid mine drainage in Wits basin

Rejected mine water plan deprived 7 000 of jobs – Robinson 

By: Martin Creamer The rejection of a still-workable mine water and slimes dam plan at the stricken Grootvlei gold mine on Gauteng’s East Rand deprived 7 000 squatter camp dwellers of employment and set the mine on its downward trajectory, which has arguably ended up as the harshest aspect of the Aurora liquidation... 

Rejected mine water plan deprived 7 000 of jobs – Robinson
Photo by Daune Daws
Dr RE (Robbie) Robinson (right) and Martin Creamer

Mine mechanisation linked to local equipment retains jobs – Jourdan 

By: Martin Creamer Resource development strategist Dr Paul Jourdan this week called for the local manufacture of mechanised mining equipment to neutralise job losses during the switch to machines. The former Mintek president says that even though mechanisation “massively” increases the quality of work in mines and... 

Mine mechanisation linked to local equipment retains jobs – Jourdan
Photo by Creamer Media
Paul Jourdan

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok

By: Martin Creamer The time had come for government and business to find ways and means of working together to end South Africa’s current economic stagflation crisis, United Nations Commission for Africa (UNCA) mineral value chain lead consultant, anti-apartheid struggle veteran and former African National Congress... 

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok
ANC MP Ben Turok

Nersa says door still open to Eskom after rejecting further 2015 tariff hike

By: Terence Creamer The National Energy Regulator of South Africa (Nersa) on Monday rejected Eskom’s application for a further 2015/16 tariff hike in addition the 12.69% already granted for the year. Nersa chairperson Jacob Modise announced that, owing to a number of deficiencies in the application, the regulator... 

Nersa says door still open to Eskom after rejecting further 2015 tariff hike
Photo by Duane Daws
Nersa panel member Thembani Bukula and chairperson Jacob Modise

Coal price slide hitting miners, rail group

By: Ilan Solomons The sharp decline in coal prices since 2011 has resulted in several mines becoming only marginally profitable, says State-owned logistics company Transnet group commercial GM Divyesh Kalan. The price of thermal coal was about R140/t in January 2011, compared with $62/t by the end of January this... 

Coal price slide hitting miners, rail group
COAL RAILWAY SYSTEM Export coal performance has shown an upwards trend, with rail export volumes of coal increasing from 62.6-million tons in the 2010/11 financial year to 76-million tons in the 2014/15 financial year

Glencore builds R75m school in Mpumalanga

By: Zandile Mavuso As part of its social and labour commitment to the Department of Mineral Resources, mining and marketing giant Glencore launched the Makause Combined School in Phola, near its coal operations in Mpumalanga, earlier this month. 

Glencore builds R75m school in Mpumalanga

Locally developed materials handling system ‘takes to the skies’

By: Ilan Solomons Local transportation technology company Milotek’s Futran system is “truly revolutionary”, as it provides a new method of transporting commodities and potentially also people, claims Milotek CEO Andries Louw. Louw was speaking at black-owned training and conferencing company Intelligence Transfer... 

Locally developed materials handling system ‘takes to the skies’
FUTRAN SYSTEM TRACK Futran is a locally developed and manufactured rail transport bogie that has been mounted on an elevated rail transportation track system

Project work worth $200bn to be available in Moz coal sector in next 20 years

By: Ilan Solomons Engineering design and project management consultancy company RSV ENCO Consulting strategic development executive Rowan Karstel says significant opportunities exist for companies to profit from Mozambique’s resource sector. “The province of Tete alone has inferred total coal reserves of about... 

Project work worth $200bn to be available in Moz coal sector in next 20 years
ROWAN KARSTEL One of the biggest challenges facing mining companies in Mozambique is ensuring that effective logistics programmes are put in place

Wescoal commits to black holding company control to qualify for Eskom business

By: Martin Creamer Coal mining and trading company Wescoal, which suffered lower profitability in the three months to March 31 on the drying up of long-term Eskom contracts, has committed to being more than 50% owned by black shareholders before December 2016 to qualify for long-term coal business from the State... 

Wescoal commits to black holding company control to qualify for Eskom business
Photo by Duane Daws
Waheed Sulaiman (left) and Martin Creamer

‘Homeless’ S African CEOs raise R25m on icy streets of Joburg 

By: Natalie Greve Over 250 CEOs from South Africa’s largest corporates traded in boardroom suits for cardboard boxes on Thursday evening, spending 12 hours on the streets of Johannesburg as part of an initiative to raise some R25-million for charity Girls and Boys Town and bring awareness to the plight of the... 

‘Homeless’ S African CEOs raise R25m on icy streets of Joburg

Molefe unveils new Eskom maintenance-sans-load-shedding operational strategy 

By: Terence Creamer State-owned electricity utility Eskom outlined a new operating philosophy on Wednesday with acting CEO Brian Molefe indicating that the strategy was based on finding the theoretical “sweet spot” that would enable it to conduct much-needed maintenance with “no, or minimal load-shedding”. Speaking... 

Molefe unveils new Eskom maintenance-sans-load-shedding operational strategy
Eskom acting CEO Brian Molefe

Glencore sees slight coal undersupply

By: Martin Creamer Mining and marketing giant Glencore sees a slight undersupply of coal on the horizon. Speaking on video to Creamer Media’s senior staff writer Zandile Mavuso at Glencore’s donation of a new R75-million state-of-the-art school to South Africa’s Department of Basic Education, Glencore CEO Ivan... 

Glencore sees slight coal undersupply
Photo by Daune Daws
At Glencore R75-million school donation are (from left) principal AS Mahlangu; Glencore Coal South Africa CEO Clinton Ephron; Glencore CEO Ivan Glasenberg; Basic Education Minister Angie Motshekga, Education MEC Reginah Mhaule, Emalahleni Mayor Salome Sithole, School Governing Body chairperson DP Maimela; District Basic Education Director Jerry Mabena.

Mintek unveils pilot rare earth solvent extraction plant

By: Ilan Solomons Local State-owned mineral and metallurgical innovation company Mintek on Friday officially opened a rare earth solvent extraction pilot plant at its head offices in Johannesburg. Research and development of the technology for the plant cost about R50-million, while the value of the plant itself... 

Mintek unveils pilot rare earth solvent extraction plant

Glencore puts millions into education in Mpumalanga coalfields

Mining and marketing giant Glencore, which recently provided R2.76-million in funding for the LaunchPad video mentoring facility for learners in the Phola community of Mpumalanga, on Friday also launched a R75-million state-of-the-art school in Phola for learners in the province's coalfields,... 

Glencore puts millions into education in Mpumalanga coalfields
Photo by Duane Daws
Glencore CEO Ivan Glasenberg and Basic Education Minister Angie Motshekga

Jobless mining engineering graduates plead for look in

By: Martin Creamer Jobless mining engineering graduates are pleading for inclusion in South Africa’s mining industry in preparation for the sector’s inevitable upturn in the future. Speaking to Creamer Media’s Mining Weekly Online in a video interview on the sidelines of the Junior Indaba in Johannesburg, Society... 

Jobless mining engineering graduates plead for look in
Photo by Creamer Media
Smangaliso Musawenkosi (left) and Martin Creamer

South Africa’s geoscience ‘desperately’ underfunded – Nedbank Capital 

By: Martin Creamer Government geoscientists are desperately underfunded, which is depriving South Africa of the geological potential that is essential for minerals exploration. There is an absence of investment in large, regional geological exercises and masters students are not being trained in the... 

South Africa’s geoscience ‘desperately’ underfunded – Nedbank Capital
Photo by Duane Daws
Paul Miller

Joest exceeds Mining Charter target as it sells 30% to black consortium

By: Anine Vermeulen Local vibrating equipment manufacturer Joest entered into an agreement with black-owned consortium Vhatsila Holdings last month to form Joest Kwatani. The agreement sees Vhatsila Holdings acquiring a 30% stakeholding in the company, making Joest Kwatani the first in its class to exceed the... 

Joest exceeds Mining Charter target as it sells 30% to black consortium

Call for jobless mining engineer graduates to spearhead research revolution 

By: Martin Creamer A call was made on Tuesday for the current surfeit of highly trained but jobless South African mining engineering university graduates to be directed towards spearheading a research revolution involving the creation of mining clusters that have agriculture on waste mine land and mineral recovery... 

Call for jobless mining engineer graduates to spearhead research revolution
Photo by Duane Daws
Robbie Robinson (right) and Martin Creamer

Mwana slashes overheads from $8.5m to $6.45m

By: Anine Vermeulen Despite weakened gold and nickel commodity prices, diversified mining company Mwana Africa is aiming to increase productivity by lowering costs. Mwana Africa CEO Kalaa Mpinga tells Mining Weekly that the company has been on a cost-cutting drive for three years with company overheads having been... 

Mwana slashes overheads from $8.5m to $6.45m

Quick action needed to prevent collapse of global coal sector – Prevost

By: Martin Creamer Quick action was needed to prevent the collapse of the global coal sector, XMP Consulting senior coal analyst Xavier Prevost warned on Thursday. Addressing the Fossil Fuel Foundation junior coal mining conference – from which two Department of Mineral Resources (DMR) officials down to speak... 

Quick action needed to prevent collapse of global coal sector – Prevost

Namibian mining’s pulling together boosting country’s economy – Nedbank 

By: Martin Creamer Despite the Namibian economy being tied to the South African economy, it has been able to grow ahead of South Africa, which a leading mining investment banker puts down to Namibia’s “sensible” mineral policies, as well as the Namibian mining industry’s close working relationship with its... 

Namibian mining’s pulling together boosting country’s economy – Nedbank
Photo by Duane Daws
Paul Miller

Nedbank clinches African mining financing deals worth $540m

By: Martin Creamer Nedbank has closed $540-million worth of mining financings on the continent of Africa in the last 18 months. Speaking to Creamer Media’s Mining Weekly Online on Tuesday, Nedbank Capital international mining finance head Nivaash Singh said the bank was very much open for business in Africa and... 

Nedbank clinches African mining financing deals worth $540m
Photo by Duane Daws
Nivaash Singh

More miners seeking contractor support for short-term planning

By: Bruce Montiea An increased number of mining companies are seeking support from contractors for short-term tactical planning, as opposed to only long-term, strategic and life-of-mine planning, says opencast and underground mining consultant Sound Mining. However, Sound Mining director Vaughn Duke warns against... 

More miners seeking contractor support for short-term planning
Photo by Bloomberg
PLANNING A MINE An increased number of mining companies are seeking support from contractors for short-term tactical planning

State miner developing new projects, eyeing acquisitions

By: Ilan Solomons Leveraging off the ongoing success of its existing Vlakfontein colliery, near Ogies, in Mpumalanga, State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) plans to expand its project portfolio, AEMFC corporate strategy and planning GM Sicelo Sikakane informed Mining... 

State miner developing new projects, eyeing acquisitions
Photo by Duane Daws
ASSET AUGMENTATION African Exploration Mining and Finance Corporation is developing its underground torbanite and thermal coal T-project, north-west of Kinross, in Mpumalanga

Fatigue-monitoring COP welcomed

By: Pimani Baloyi Fatigue-management advocacy company Fatigue Sharks and technology developer Prism Services have welcomed the Department of Mineral Resources’ (DMR’s) code of practice (COP) on risk based fatigue management, which requires miners to compile and implement a code to monitor and take fatigue into... 

Fatigue-monitoring COP welcomed
Photo by Duane Daws
ADVOCACY Doug Potter and Jeff Sease maintain fatigue is a real health hazard for workers

Chamber reveals plan to get South Africa’s ‘great mining industry’ back on front foot

By: Martin Creamer The Chamber of Mines of South Africa on Wednesday revealed a strategic plan to get South Africa’s “great mining industry” back on the front foot. Speaking at the well-attended 125th annual general meeting (AGM) of the historic organisation, chamber president Mike Teke – who was re-elected for a... 

Chamber reveals plan to get South Africa’s ‘great mining industry’ back on front foot
Photo by Duane Daws
Chamber president Mike Teke (right) having a word with his vice-president Graham Briggs.

South32 shares rise on JSE debut, BHP Billiton shares fall

By: Martin Creamer Value generation from the assets of South32 in the months ahead of its debut on the Johannesburg Stock Exchange (JSE) is indicative the upside potential of the triple-listed BHP Billiton spin-off company, which saw its shares end up well in the money at the JSE's close on Monday and those of BHP... 

South32 shares rise on JSE debut, BHP Billiton shares fall
Photo by Duane Daws
Mike Fraser (left) with Martin Creamer at South32 listing.

3M aiming to increase sales to mining sector

By: Ilan Solomons Mining forms an important part of all Southern African Development Community (SADC) countries’ economies, and diversified technology company 3M aims to increase sales volumes in this sector by continuously improving its product offering, says 3M South Africa and SADC MD Ismail Mapara. The company... 

3M aiming to increase sales to mining sector
CONTINUOUS INNOVATION 3M introduced a range of new products to the mining sector, including safety glasses and respiratory support equipment, in the fourth quarter of 2014

AEMFC aiming to increase output from 1.6Mt to 2.2Mt by end of current fiscal year

By: Ilan Solomons State-owned mining company African Exploration Mining and Finance Corporation’s (AEMFC’s) Vlakfontein mine’s current run-of-mine (RoM) production output averages about 1.6-million tons a year, which the company aims to increase to about 2.2-million tons by the end of the current financial year,... 

AEMFC aiming to increase output from 1.6Mt to 2.2Mt  by end of current fiscal year
Photo by Duane Daws
VLAKFONTEIN MINING PIT To meet the target of increasing production output, Vlakfontein is undertaking a R155-million Phase 2 expansion project

A premium should be placed on reputational risks to diamond sector – Debswana security chief

By: Ilan Solomons Buying diamonds is a highly discretionary procedure and their value depends entirely on peoples’ perception of their worth, Botswana-based diamond mining company Debswana security head Mpho Kewakae said during his presentation at business-to-business events organiser Fleming Gulf’s 2015 African... 

A premium should be placed on reputational risks to diamond sector – Debswana security chief
SECURING THE DIAMOND DREAM Debswana places a significant emphasis on security and governance assurance, as well as security systems and technical solutions
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