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R1bn set aside for initial Waterberg coal rail ramp-up to 26Mt

By: Terence Creamer State-owned freight logistics group Transnet will invest nearly R1-billion to facilitate an incremental increase in coal export volumes from Limpopo’s Waterberg to 26-million tons between 2015 and 2019. Transnet Freight Rail (TFR) CEO Siyabonga Gama indicated on Wednesday that the “interim”... 

R1bn set aside for initial Waterberg coal rail ramp-up to 26Mt
Photo by Duane Daws
Transnet Freight Rail CEO Siyabonga Gama

Zuma says govt seriously mulling Operation Phakisa for mining sector 

By: Leandi Kolver President Jacob Zuma on Thursday reiterated that government was seriously considering a mining-focused Operation Phakisa phase. Minister in the Presidency Jeff Radebe earlier this year, at the Mining Lekgotla, noted that an Operation Phakisa for the mining sector was on its way, with... 

Zuma says govt seriously mulling Operation Phakisa for mining sector
Photo by Duane Daws
President Jacob Zuma

De Beers plans to keep South African diamond exploration spend at R30m a year

By: Martin Creamer Diamond company De Beers plans to maintain its diamond exploration spend in South Africa at R30-million to R35-million a year. De Beers Consolidation Mines (DBCM) CEO Phillip Barton, who spoke to Mining Weekly Online in a video interview (see attached) on the sidelines of the Diamond Route... 

De Beers plans to keep South African diamond exploration spend at R30m a year
Photo by Creamer Media
Phillip Barton (right) and Martin Creamer

R50m virtual reality centre set to revolutionise mine design

By: Martin Creamer The University of Pretoria’s new virtual reality mine design centre, which is on track to go into test mode in April, is set to revolutionise both surface and underground mine design. A total of R50-million is being invested in the centre, which will be put into a three-month test phase ahead of... 

R50m virtual reality centre set to revolutionise mine design
Photo by Creamer Media
Prof Ronny Webber-Youngman (right) and Martin Creamer

Costs down, revenue up, diamonds selling well – Rockwell

By: Martin Creamer Alluvial diamond mining company Rockwell Diamonds, which managed to cut its costs radically in the three months to August 31 after nine consecutive quarters of revenue lift, said on Friday that its diamonds were selling well in a stabilising market that was no longer prone to wild swings. The... 

Costs down, revenue up, diamonds selling well – Rockwell
Photo by Duane Daws
Rockwell CEO James Campbell

Anglo puts up R120m for municipal capacity development

By: Chantelle Kotze Programme implementation is already under way for diversified miner Anglo American’s R120-million, three year Municipal Capacity Development Programme (MCDP), which it is undertaking in partnership with the Development Bank of Southern Africa (DBSA) and the Investment Climate Facility for Africa... 

Anglo puts up R120m for municipal  capacity development
KHANYISILE KWEYAMA The Municipal Capacity Development Programme would directly improve the conditions of local communities in South Africa by improving service delivery and shaping social development

Juniors out of favour, face uphill battle to generate own funds

By: Natasha Odendaal Junior mining companies in South Africa have fallen out of favour with investors and have been left to find their own way to profitability, a panel at the 2014 Joburg Indaba revealed on Thursday. Debating the challenges of growing a junior mining project, Submex Investments MD Hugh Callaghan... 

Juniors out of favour, face uphill battle to generate own funds
Photo by Duane Daws
Niel Pretorius

S Africa’s ‘instant’ society hurting prospects

By: Natasha Odendaal South Africa has reached a proverbial crossroads, where the nation’s great Constitution and legal framework and prospects of being a successful country were being offset by persistent poverty, inequality and a scourge of unemployment – and the effects of an increasingly “instant” society.... 

S Africa’s ‘instant’ society hurting prospects
Photo by Duane Daws
Frans Baleni

Minerals amendment Bill may be sent back to Parliament – Minister 

By: Martin Creamer There is a chance that the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill may be referred back to Parliament, Mineral Resources Minister Ngoako Ramatlhodi said on Wednesday. At a media conference the Joburg Indaba, Ramatlhodi said in response to Mining Weekly Online that... 

Minerals amendment Bill may be sent back to Parliament – Minister
Photo by Duane Daws
Ngoako Ramatlhodi

Rio Tinto says it has rejected potential merger with Glencore

By: Esmarie Swanepoel Multinational mining groups Rio Tinto and Glencore on Tuesday confirmed that they had held discussions regarding a possible tie-up, but said that the board of Rio Tinto had rejected a merger with its smaller rival. Both companies confirmed in separate announcements that they were no longer in... 

Rio Tinto says it has rejected potential merger with Glencore

Local supplier on track for R50m turnover

By: David D‘ Oliveira Local screening and vibrating-equipment solutions supplier Aury Africa was on track to achieve a R50-million turnover this year, Aury Africa MD Mark Houchin told Mining Weekly at the company’s Jetpark factory launch earlier this month. Aury Africa is a subsidiary of Chinese screening and... 

Local supplier  on track for  R50m turnover
Photo by Duane Daws
MANUFACTURING CAPABILITIES Aury Africa can manufacture woven wire screens, which are extensively used in mining and quarrying operations

CoAL outlines $400m import-substituting Limpopo coal project

By: Martin Creamer Triple-listed coal junior Coal of Africa Limited (CoAL) CEO David Brown on Tuesday outlined a self-funded $400-million import-substituting hard coking coal project that is scheduled to begin production at Makhado, in Limpopo province, in 2018. Presenting a narrowed cash loss of $21-million in the... 

CoAL outlines $400m import-substituting Limpopo coal project
Photo by Duane Daws
David Brown and Martin Creamer

MPRDA Amendment Bill announcement imminent - Ramatlhodi

By: Chantelle Kotze Mineral Resources Minister Ngoako Ramatlhodi said on Friday, during a visit to the Electra Mining Africa Exhibition, that he had met with President Jacob Zuma concerning the Mineral and Petroleum Resources Development Act Amendment Bill and was “certain that the President will make an... 

MPRDA Amendment Bill announcement imminent - Ramatlhodi
Mineral Resources Minister Ngoako Ramatlhodi

Eskom passing its pressures on to gold producers – Pan African

By: Martin Creamer State electricity utility Eskom is passing its power-interruption pressures on to midtier gold producers like Pan African Resources, which lost 11 days to both planned and unplanned Eskom power outages in the 12 months to June 30. “Eskom is under pressure and it’s passing that pressure on to us... 

Eskom passing its pressures on to gold producers – Pan African
Photo by Duane Daws
Pan African CEO Ron Holding

Sasol repositions itself for gas-based future 

By: Terence Creamer South African energy and chemicals group Sasol has “strategically repositioned” itself over the past three years to focus on gas-based opportunities in Southern Africa and North America, having moved away from coal-to-liquids opportunities in China, Indonesia, India and South Africa. The... 

Sasol repositions itself for gas-based future
Photo by Duane Daws
Bernard Klingenberg

Sasol expects R4bn in restructuring savings, sans ‘forced’ job cuts

By: Terence Creamer Sasol CEO David Constable announced on Monday that the group expected to deliver sustainable savings of more than R4-billion a year from 2016 as a result of a far-reaching business performance enhancement programme. The savings figure was a material improvement on the R3-billion initially... 

Sasol expects R4bn in restructuring savings, sans ‘forced’ job cuts
Photo by Duane Daws
David Constable

Govt, business, labour to grapple with hostile labour climate at Nov summit

By: Terence Creamer Deputy President Cyril Ramaphosa announced on Friday that a National Labour Relations Indaba would be convened in November to enable the social partners to begin grappling with the root causes of South Africa’s prevailing hostile labour relations environment, which was sapping confidence and... 

Govt, business, labour to grapple with hostile labour climate at Nov summit
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Zim wants minerals processed locally

By: Pimani Baloyi Zimbabwe is proceeding with plans to ensure that the minerals mined in-country are also processed in-country, instead of in South Africa or Europe, which is the current norm. As part of this process, Zimbabwe levied a 15% tax on rough diamonds and platinum concentrate exports in January to... 

Zim wants minerals processed locally
ANGELICA KATURUZA The indigenisation policy is the best thing to have happened to indigenous Zimbabweans

Law expert unpacks proposed beneficiation-linked MPRDA amendments

By: Natalie Greve Appraising the proposed amendments to the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill (B15B), which was passed by the National Assembly and the National Council of Provinces earlier this year, Norton Rose Fulbright director Professor Michael Dale said on Monday that,... 

Law expert unpacks proposed beneficiation-linked MPRDA amendments

Energy constraints biggest threat to SA ferrochrome industry

By: Leandi Kolver The biggest challenge facing South Africa’s ferrochrome industry was no longer China, but local energy supply constraints, chrome producer Afarak executive chairperson Dr Alistair Ruiters said on Wednesday. Speaking at the seventh South African Ferro-Alloys conference, convened by MetalBulletin... 

Energy constraints biggest threat to SA ferrochrome industry
Photo by Duane Daws
Dr Alistair Ruiters

Amplats in final planning stages for new Amandelbult chrome plant

By: Leandi Kolver Platinum miner Anglo American Platinum (Amplats) is in the final stages of getting a project under way to establish a new 600 000 t/y chrome smelter at its Amandelbult mine, in Limpopo, Anglo American precious and base metals Africa marketing head Jill Wolfe said on Wednesday. Speaking at the... 

Amplats in final planning stages for new Amandelbult chrome plant
Anglo American Platinum

WorleyParsons consolidates EPCM offering in new HQ

By: Natalie Greve Establishing it as one of the largest engineering contractors in the country, engineering, procurement, construction and management (EPCM) group WorleyParsons has moved into its new, purpose-built South African headquarters in Melrose Arch, Johannesburg, consolidating its local project delivery... 

WorleyParsons consolidates EPCM offering in new HQ
Photo by Duane Daws
Digby Glover

Mining’s legal framework replete with problems – Hulme Scholes

By: Martin Creamer The legal framework for the South African mining industry is replete with problems, mining law expert Hulme Scholes outlined on Tuesday. Speaking at a client and media presentation organised by reputation management company Magna Carta, the main partner of Malan Scholes dealt with the amendments... 

Mining’s legal framework replete with problems – Hulme Scholes
Photo by Duane Daws
Mining lawyer Hulme Scholes

Implats defers production target, reviews capex, ups new technology plans

By: Martin Creamer Strike-impacted platinum-mining company Impala Platinum (Implats) has deferred its 850 000 oz Rustenburg production target, is reviewing its capital expenditure (capex) programme intensively and is going all out to ramp up its post-strike restart to 250 000 oz of platinum from Rustenburg in the... 

Implats defers production target, reviews capex, ups new technology plans
Photo by Duane Daws
Terence Goodlace and Martin Creamer

Sold-out Electra Mining Africa features 850-plus exhibitors

By: Mariaan Webb Interest in Southern Africa’s biggest trade exhibition Electra Mining Africa continues to grow with exhibition floor space across six halls and outside precinct areas selling out months before opening day on September 15. To accommodate the growing demand for exhibition space at Electra Mining... 

Sold-out Electra Mining Africa features  850-plus exhibitors
Specialised Exhibitions Montgomery MD Gary Corin

The Missing Piece: Solving South Africa's economic puzzle 

At the time of South Africa’s first democratic election in 1994 it was clear that the structure of the economy had to change and that land ownership, employment opportunities and access to essential services had to match more closely the needs of the entire population. The Missing Piece: Solving... 

The Missing Piece: Solving South Africa's economic puzzle
Stanlib economist Kevin Lings

Women entering mining sector but the door is only slightly open as legacy issues persist

By: Tracy Hancock It has been twenty years since the inception of democracy and women are more greatly represented in the South African mining industry, because legislation now enables them to work in the industry, but legacy issues owing to this exclusion persist. More mining companies are offering bursaries to... 

Women entering mining sector but the door is only slightly open as legacy issues persist

Transnet, Eskom coal boost for black-controlled Exxaro

By: Martin Creamer State enterprises Transnet and Eskom have come to the party for black-controlled Exxaro Resources in the half-year to June 30. More coal trains from State rail company Transnet Freight Rail (TFR) to the Waterberg coalfield and a coal supply settlement with State power utility Eskom at the... 

Transnet, Eskom coal boost for black-controlled Exxaro
Photo by Duane Daws
Exxaro CEO Sipho Nkosi

Gold Fields piloting two new mining methods at South Deep

By: Leandi Kolver Gold miner Gold Fields would pilot two new mining methods at its South Deep mine, in Gauteng, over the next 12 months, with the potential to enable the mine to reach its envisaged steady-state output of between 650 000 oz/y and 700 000 oz/y quicker and easier, CEO Nick Holland said on Thursday.... 

Gold Fields piloting two new mining methods at South Deep
Photo by Duane Daws
Gold Fields CEO Nick Holland

More than 90% of SA seismic events are mining related – professor

By: Leandi Kolver More than 90% of South Africa’s seismic events were mining related, University of Pretoria natural hazard centre director Professor Andrzej Kijko said on Monday, noting, however, that this did not mean that all of these events were mining induced. He stated that the 5.5 magnitude earthquake in... 

More than 90% of SA seismic events are mining related – professor
Wits/CSIR research chair Professor Ray Durrheim

AMCU knocking on door at Northam’s Zondereinde platinum mine

By: Martin Creamer The Association of Mineworkers and Construction Union (AMCU) is knocking on the recognition door at Northam Platinum’s Zondereinde mine, which escaped the five-month platinum strike, the longest in South Africa’s history. New Northam Platinum CEO Paul Dunne said AMCU had gained ground at... 

AMCU knocking on door at Northam’s Zondereinde platinum mine
Photo by Duane Daws
Northam CEO Paul Dunne
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