http://www.miningweekly.com

Global Mining News in real time

Latest Videos

Cleaver is new De Beers CEO

By: Martin Creamer     27th May 2016 Bruce Cleaver, 51, is the new CEO-designate of De Beers. He will take over from Philippe Mellier on July 1. After a half-decade at the helm, Mellier, who is ten years Cleaver’s senior, has honoured his commitment to step down as CEO after five years. 

Cleaver is new De Beers CEO
Photo by Creamer Media
New CEO-designate of De Beers Bruce Cleaver

After topping 14% in early 2015, women representation in South Africa’s mining industry now 10%

By: Ilan Solomons     27th May 2016 Within the top 500 JSE-listed companies in South Africa, women make up 21% of the boards of these companies, which is the highest percentage of women on boards worldwide, noted volunteer nonprofit organisation Women in Mining South Africa chairperson Noleen Pauls. Pauls, who is also a geology... 

After topping 14% in early 2015, women representation  in South Africa’s mining industry now 10%
Photo by Duane Daws
NOLEEN PAULS Over the past 20 years women representation in the South African mining sector had grown from 7% to 14% at the start of 2015

Mine closure, rehabilitation getting more attention from regulators

By: David Oliveira     27th May 2016 Globally, the mining industry was resistant to mine closure and rehabilitation, said University of the Witwatersrand’s (Wits) Centre for Sustainability in Mining and Industry director professor Caroline Digby. Speaking at the Centre for Environmental Rights seminar on mine closure and... 

Mine closure, rehabilitation getting more attention from regulators

‘Steel committee’ to be set up to monitor AMSA’s ‘fair pricing’ pledge

By: Terence Creamer     26th May 2016 Government would, within weeks, finalise a “fair pricing” agreement with steel producer ArcelorMittal South Africa (AMSA) and establish a “steel committee” to monitor implementation of the formula, which would be based on a basket of selling prices in Europe, Asia and North America. Department of... 

‘Steel committee’ to be set up to monitor AMSA’s ‘fair pricing’ pledge
Photo by Duane Daws
DTI deputy director-general for industrial policy Garth Strachan

New acid mine water process has huge agri potential in arid areas  

By: Martin Creamer     25th May 2016 The newly developed process that yields handsome profits by converting acid mine water into valuable fertiliser materials, also has the potential to process South Africa’s large volumes of currently unusable brackish groundwater. The use of the process that eradicates acid mine drainage (AMD) for... 

New acid mine water process has huge agri potential in arid areas
Photo by Duane Daws
Trailblazer Technolgies director John Bewsey

New highly profitable acid mine water solution unveiled 

By: Martin Creamer     24th May 2016 A process has been developed that yields handsome profits by converting acid mine water into valuable fertiliser materials. The process, which purifies the water free of charge, removes all of the total dissolved solids and converts them into saleable products. 

New highly profitable acid mine water solution unveiled
Photo by Duane Daws
Trailblazer director John Bewsey (right) and Martin Creamer

First permanent infrastructure being built at new DRC tin mine

By: Martin Creamer     23rd May 2016 The first permanent mining infrastructure is being built at the proposed new tin mine at Bisie, in the Democratic Republic of Congo (DRC), for which $130-million is being raised. Alphamin Resources CEO Boris Kamstra said the return airway drive being built would be used to acclimatise mining... 

First permanent infrastructure being built at new DRC tin mine
Photo by Duane Daws
Alphamin CEO Boris Kamstra

S&P's downgrade will tip South Africa into job-shedding recession, bank economist warns 

By: Terence Creamer     23rd May 2016 A downgrade of South Africa’s credit rating to junk was currently only partially priced in, a leading bank economist warned on Monday, arguing that a negative assessment by Standard & Poor’s (S&P’s) on June 3 would most probably trigger a recession and precipitate the shedding on around 200 000... 

S&P's downgrade will tip South Africa into job-shedding recession, bank economist warns
Photo by Duane Daws
Standard Bank chief economist Goolam Ballim

Contractor finds value in gold mine dumps

By: Sascha Solomons     20th May 2016 Although tailings retreatment is not new to South Africa, the country’s mine dumps, especially those of the gold mining sector, still hold immeasurable value that could increase the profitability of mining projects for clients and contractors, says materials handling and hauling expert Ncamiso... 

Contractor finds value in gold mine dumps
Photo by Duane Daws
FIKILE MASHININI Ncamiso Mining's outsourcing services facilitate job creation and the eradication of illegal miners in some of the communities in which it operates

Minister launches long-term acid mine water solution 

By: Martin Creamer     18th May 2016 Water Minister Nomvula Mokonyane on Wednesday launched a long-term project to turn acid mine drainage (AMD) into safe water for commercial use as either industrial or potable water. The Minister chose the old south-west vertical shaft area of the dormant East Rand Proprietary Mines (ERPM) to... 

Minister launches long-term acid mine water solution
Photo by Duane Daws
Water Minister Nomvula Mokonyane

Govt push can make South African mining fly again – Harwood 

By: Martin Creamer     17th May 2016 South Africa has the potential to be a mining giant again especially if it receives the kind of push that Tanzania is now receiving under its new president. Speaking to Creamer Media’s Mining Weekly Online in a video interview on Tuesday after a recent visit to the East African country, Montero... 

Govt push can make South African mining fly again – Harwood
Photo by Duane Daws
Montero CEO Tony Harwood (right) with Martin Creamer

Fatigue management prevents accidents, enhances output

By: Victor Moolman     13th May 2016 Fatigue has to be managed throughout a mine to ensure everyone is functioning at their peak, especially when working under the hazardous conditions prevalent in the industry, to achieve optimal production results, says fatigue management specialist Predictive Safety. 

Fatigue management prevents accidents, enhances output
KOLOMELA MINE Predictive Safety is managing three fatigue systems across South Africa, one of which is the Kolomela iron-ore mine, in the Northern Cape

Water taken from Sterkfontein still not replaced – Muller 

By: Martin Creamer     12th May 2016 Water extracted from the Sterkfontein dam had still not been replaced, six months after officials promised that it would be, Wits School of Governance visiting adjunct professor Mike Muller has pointed out. Speaking at this week’s South African Institution of Civil Engineering Civilution... 

Water taken from Sterkfontein still not replaced – Muller
Photo by Duane Daws
Mike Muller

AngloGold maintains FY production guidance, despite lower Q1 output

By: Ilan Solomons     9th May 2016 Gold mining company AngloGold Ashanti’s outlook for the full year remains unchanged, with production of between 3.6-million and 3.8-million ounces expected. Total cash costs are estimated at $680/oz to $720/oz and all-in sustaining costs (AISC) at $900/oz to $960/oz, based on assumed exchange... 

AngloGold maintains FY production guidance, despite lower Q1 output
Photo by Duane Daws
AngloGold Ashanti CEO Srinivasan Venkatakrishnan

AngloGold resorts to international arbitration as illegal mining worsens in Ghana

By: Martin Creamer     6th May 2016 Gold mining company AngloGold Ashanti has resorted to international arbitration to resolve the worsening illegal mining incursion at Obuasi gold mine in Ghana, where underground mining has been stalled to allow for lower-cost redevelopment. The company, headed by CEO Srinivasan Venkatakrishnan... 

AngloGold resorts to international arbitration as illegal mining worsens in Ghana
Photo by Duane Daws
Srinivasan Venkatakrishnan (Venkat)

Exploration, mining expected to grow in importance for cement producer PPC

By: Martin Creamer     3rd May 2016 The medium-term game plan of African cement producer PPC is to find new resources needed by its operations, which will probably require it to engage in some form of exploration and eventual mining close to where urban development is expected in Africa. Over time, the resources side of the... 

Exploration, mining expected to grow in importance for cement producer PPC
Photo by Duane Daws
Darryll Castle

Commission study shows only 47% alignment between Budget and NDP

By: Terence Creamer     22nd April 2016 A preliminary analysis conducted by South Africa’s second National Planning Commission (NPC) of the current alignment between the country’s Budget and the National Development Plan (NDP) shows there to be only a 47% correlation. Nevertheless, Minister in the Presidency Jeff Radebe, who is NPC... 

Commission study shows only 47% alignment between Budget and NDP
NPC deputy chairperson Professor Malegapuru Makgoba

Modernisation at heart of new State-backed local mining equipment body

By: Martin Creamer     13th April 2016 The modernisation of South Africa’s mines and the extension of their lives are at the heart of a new government-backed local manufacturing body that will have access to a State-owned developmental cluster location, where joint development initiatives are envisaged. The new organisation – Mining... 

Modernisation at heart of new State-backed local mining equipment body
Photo by Duane Daws
Anton Wheeler (right) with Martin Creamer

Commodity shock knocks Africa’s growth prospects – World Bank

By: Terence Creamer     11th April 2016 The World Bank has lowered its 2016 growth forecast for Africa to 3.3%, from 4.2% previously, after the continent expanded by only 3% in 2015; the slowest pace of growth since the 2009 global financial crisis and well below the 6.8% levels experienced by the continent between 2003 and 2008. The... 

Commodity shock knocks Africa’s growth prospects – World Bank
World Bank senior economist for South Africa Marek Hanusch

Govt intent on creating incentives for mines to benefit from platinum fuel-cell investment

By: Martin Creamer     5th April 2016 The South African government is intent on creating incentives for mines to derive greater benefit from investing in platinum fuel-cell technology. Science and Technology Minister Naledi Pandor, who spoke at the launch by Impala Platinum (Implats) of a fuel cell forklift and hydrogen refuelling... 

Govt intent on creating incentives for mines to benefit from platinum fuel-cell investment
Photo by Duane Daws
Naledi Pandor at Implats fuel cell, hydrogen refuelling station

Master Drilling maintains eye on growth as strategy gains traction

By: Natasha Odendaal     31st March 2016 JSE-listed Master Drilling continued to pursue its geographic, commodity and business diversification strategy throughout 2015, with gains expected to start being realised in the coming year. The company had set the platform with the acquisition of a Sweden-based company and its Chilean... 

Master Drilling maintains eye on growth as strategy gains traction
Master Drilling CEO Danie Pretorius

Implats boosts fuel cell outlook at impressive launch

By: Martin Creamer     31st March 2016 Platinum mining company Impala Platinum (Implats) on Thursday unveiled a hydrogen fuel cell forklift and hydrogen refuelling station in the presence of Science and Technology Minister Naledi Pandor and Gauteng Premier David Makhura at the Impala Refineries in Springs. The R12-million initiative,... 

Implats boosts fuel cell outlook at impressive launch
Photo by Duane Daws
Terence Goodlace, Naledi Pandor, David Makhura at launch of mobile fuel cell, hydrogen station

Diamond market back in sync in 18 to 24 months – Bristow

By: Martin Creamer     30th March 2016 A combination of clean-out and restructuring of the mid-market occupied by cutters and polishers, and the commendable supply constraint exercised by major producers, will combine to put the global diamond market back in sync in the next 18 to 24 months, diamond consultant Dr John Bristow... 

Diamond market back in sync in 18 to 24 months – Bristow
Photo by Duane Daws
Dr John Bristow (right) and Martin Creamer

Platinum miners head for pay talks in difficult environment

By: Martin Creamer     18th March 2016 Price-pressured platinum-mining companies are heading for wage talks burdened by the low dollar prices of their basket of platinum-group metals (PGMs) that even the weak rand has been unable to increase meaningfully. “We’ve got to make sure this year’s wage increases aren’t unsustainable given... 

Platinum miners head for pay talks in difficult environment
Photo by Creamer Media
Chris Griffith

Women still find it hard to climb corporate ladder

By: Ilan Solomons     18th March 2016 Diamond company De Beers is still struggling to ensure equal opportunities for women in its business. This is according to diamond company De Beers sightholder sales South Africa senior VP Nompumelelo Zikalala and De Beers organisational effectiveness lead Varsha Morar, who were speaking at... 

Women still find it hard to climb corporate ladder
NOMPUMELELO ZIKALALA The perception that women who reach senior leadership positions in the mining industry did so by “offering sexual favours” to male executives remains widespread

Motsepe spells out difficulty of retaining mandatory BEE ownership in perpetuity 

By: Martin Creamer     16th March 2016 The difficulty companies have in preventing their mandatory black economic empowerment (BEE) ownership arrangements from unravelling when BEE shareholders sell out is highlighted by top South African business leader Patrice Motsepe’s personal experience of BEE undoing within his diversified... 

Motsepe spells out difficulty of retaining mandatory BEE ownership in perpetuity
Photo by Duane Daws
Patrice Motsepe

Motsepe calls on South Africans to come together to boost economy 

By: Martin Creamer     11th March 2016 Top South African business leader Patrice Motsepe on Friday made an impassioned plea to all South Africans, irrespective of political affiliation, to close ranks and focus on building an economy that is sufficiently strong to benefit the country’s entire population. Speaking at the presentation... 

Motsepe calls on South Africans to come together to boost economy
Photo by Duane Daws
ARM chairperson Patrice Motsepe

Latest power tariff rise to nullify benefit of 2015 cost-cutting – Amplats

By: Martin Creamer     9th March 2016 The latest 9% electricity tariff increase allowed to State power utility Eskom was set to nullify the benefit of the cost-cutting programme that Anglo American Platinum (Amplats) undertook last year, Amplats CEO Chris Griffith said on Wednesday. Speaking to Creamer Media’s Mining Weekly Online... 

Latest power tariff rise to nullify benefit of 2015 cost-cutting – Amplats
Photo by Creamer Media
Chris Griffith

Sasol outlines dual Southern Africa, North America growth plans

By: Martin Creamer     8th March 2016 Despite the lower-for-much-longer oil price outlook, integrated chemicals and energy company Sasol is remaining focused on executing growth projects in Southern Africa and North America as part of a dual regional strategy. In presenting 63%-lower earnings attributable to shareholders in the six... 

Sasol outlines dual Southern Africa, North America growth plans
Photo by Duane Daws
David Constable

Resilient Sasol weathering storm

By: Martin Creamer     7th March 2016 Worsening market volatility and uncertainty have prompted Sasol to raise its cash conservation target to an even higher outside range of R75-billion from a previous R50-billion. The intensified response plan in response to the low oil price ensured balance sheet and earnings resilience at an oil... 

Resilient Sasol weathering storm
Photo by Duane Daws
Sasol CFO Bongani Nqwababa

Coal coming off the bottom – Exxaro

By: Martin Creamer     3rd March 2016 There are indications that the coal market, which suffered heavily depressed prices last year, is beginning to come off the bottom. “I think we’re through the trough,” Exxaro FD Wim De Klerk said of the demand for export thermal coal in particular. (Also watch attached Creamer Media video). 

Coal coming off the bottom – Exxaro
Photo by Duane Daws
Dr Nombasa Tsengwa

Eqstra H1 profit falls on exit of noncore operations

By: Natasha Odendaal     1st March 2016 JSE-listed Eqstra’s profits plunged into the red during the first half of the 2016 financial year, as an exit plan and overall progress made on the company’s 2020 strategy – and resultant impairments on discontinued operations – weighed on the interim financial results. The integrated leasing and... 

Eqstra H1 profit falls on exit of noncore operations
Photo by Duane Daws
Eqstra CEO Jannie Serfontein

RBPlat posts FY loss, delays projects

By: Megan van Wyngaardt     1st March 2016 Owing to depressed market conditions with metal prices “tanking at an alarming pace”, compounded by ongoing work stoppages owing to five fatalities, platinum miner Royal Bafokeng Platinum (RBPlat) has posted dismal results, with a headline loss a share of 83c for the 2015 financial year, compared... 

RBPlat posts FY loss, delays projects
Photo by Duane Daws
RBPlat CEO Steve Phiri

Sibanye Gold preparing to spend upped R3.9bn capex

By: Martin Creamer     29th February 2016 Precious metals mining company Sibanye Gold is forecasting a capital expenditure of R3.9-billion this year, an increase of more than R400-million on 2015. Sibanye CEO Neal Froneman told the BMO mining conference on Monday that the company was engaging in capital investment that was extending the... 

Sibanye Gold preparing to spend upped R3.9bn capex
Photo by Creamer Media
Neal Froneman at presentation of results

Northam Platinum advancing growth projects to meet projected 2020 undersupply

By: Martin Creamer     26th February 2016 Platinum mining company Northam Platinum on Friday elaborated on its growth projects that are timed to counter a lack of replacement investment over the past decade across the primary production industry, which is expected to lead to under supply. Northam Platinum CEO Paul Dunne told mining... 

Northam Platinum advancing growth projects to meet projected 2020 undersupply

Record rand gold price prompts Sibanye to call employees, unions back to the table

By: Martin Creamer     25th February 2016 In an unprecedented move, the record rand price of gold has prompted gold mining company Sibanye Gold to exercise its bona fides by calling on its employees, unions and associations to return to the table, not to reopen wage negotiations, but to enter into a dialogue on an innovative social and... 

Record rand gold price prompts Sibanye to call employees, unions back to the table
Photo by Duane Daws
Neal Froneman

AngloGold international mines slashing costs, upping margins

By: Martin Creamer     24th February 2016 The international operations of AngloGold Ashanti have virtually halved their all-in sustaining costs (AISC) in three years. The Johannesburg- and New York-listed gold mining company’s international mines in eight countries began in the fourth quarter of 2012 with an AISC of $1 542/oz and ended... 

AngloGold international mines slashing costs, upping margins
Photo by Creamer Media
Ron Largent

AngloGold’s South African mines still laggards

By: Martin Creamer     23rd February 2016 The South African operations of AngloGold Ashanti, which improved only slightly in three months to December 31, remain ‘outlier’ laggards. Of AngloGold’s 19 mines in nine countries, the South African operations have been the slowest in showing cost improvement. 

AngloGold’s South African mines still laggards
Photo by Duane Daws
Srinivasan Venkatakrishnan (Venkat)
First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Resources Watch

more

Second Take

more

At the Coalface

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 17.47Change: -17.29
R/$ = 15.73Change: -15.58
Au 1212.98 $/ozChange: -1.01
Pt 977.00 $/ozChange: -4.00
 
Subscribe Now for $149
Subscribe Now for $149 Close