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Implats moves to power platinum refinery with platinum fuel cells

By: Martin Creamer Platinum major Impala Platinum (Implats) is studying the feasibility of taking its entire platinum refinery off the national electricity grid and powering it with platinum fuel cells. The refinery already has a supply of available hydrogen to fuel the cells and would need some 20 MW of fuel-cell... 

Implats moves to power platinum refinery with platinum fuel cells
Photo by Creamer Media
Terence Goodlace and Martin Creamer

Property sale, speciality chemicals division provide impetus for AECI

By: Ilan Solomons The completion of the bulk surplus property sale of a 2 300 ha Heartland property in Modderfontein to Chinese investment company Shanghai Zendai and a “record performance” from the speciality chemicals cluster were key to the growth of JSE-listed speciality chemicals and explosives group AECI’s... 

Property sale, speciality chemicals division provide impetus for AECI
Photo by Duane Daws
AECI CEO Mark Dytor

AngloGold in mass meetings with workers ahead of wage talks

By: Martin Creamer Gold major AngloGold Ashanti on Monday outlined how it had conducted eight days of mass meetings with unlimited question-and-answer sessions with all of its mineworkers, ahead of the crucial gold industry wage talks. With support of organised labour, the company had conducted the mass meetings... 

AngloGold in mass meetings with workers ahead of wage talks
Photo by Creamer Media
Venkat (right) with Martin Creamer

Mining Charter audit results to be released next month

By: Ilan Solomons Mineral Resources Minister Ngoako Ramatlhodi says the findings of the Department of Mineral Resources (DMR) audit of all South African mining companies regarding compliance with the Mining Charter will be released in March this year. Ramatlhodi was speaking at a media briefing in Tshwane late... 

Mining Charter audit results to be released next month
Photo by Duane Daws
EMPOWERMENT EMPHASIS The Mining Charter stipulates that historically disadvantaged South Africans must have a 26% share in mining companies

Sibanye eyes R3bn, 150 MW solar power station 

By: Natasha Odendaal Gold miner Sibanye Gold plans to build a R3-billion, 150 MW solar power plant to ease its reliance on the costly and unreliable electricity supply from South Africa’s State-owned power utility Eskom, which posed a threat to the company’s current operations and future development. Despite reducing... 

Sibanye eyes R3bn, 150 MW solar power station
Photo by Duane Daws
Sibanye CEO Neal Froneman

DRDGold lifts H1 output 6% despite 67 hours of load shedding in Dec

By: Natalie Greve Despite experiencing some 67 hours of load shedding in the last month of 2014, specialist tailings miner DRDGold lifted gold output for the six months ended December 31 by 6% to 73 015 oz, attributing the uptick to increased metallurgical efficiencies at the long-embattled flotation fine-grind... 

DRDGold lifts H1 output 6% despite 67 hours of load shedding in Dec
Ergo

Mines are development engines for host countries – ICMM

By: Martin Creamer Mines are proven engines of economic development for host countries, which benefit significantly from the foreign direct investment (FDI) that mines attract as well as the export earnings that they generate, the International Council for Mining & Metals (ICMM) has found in a unique 214-country... 

Mines are development engines for host countries – ICMM
Photo by Creamer Media
Martin Creamer and Tony Hodge

Dow earmarks growth in sub-Saharan Africa

By: Ilan Solomons US-headquartered chemical company Dow has targeted sub-Saharan Africa for commercial growth and is expanding its footprint across the region to achieve maximum market penetration, Dow sub-Saharan Africa president Ross McLean tells Mining Weekly. “Since 2011, we have undertaken a geographic... 

Dow earmarks growth in sub-Saharan Africa
ROSS McLEAN Dow established operations in Ghana in 2013 and in November 2014 it also opened a facility in Ethiopia

Universal aims for midtier status through portfolio expansion

By: Ilan Solomons ASX-listed coal miner Universal Coal is considering the acquisition of four thermal assets, with an announcement about the acquisition of one of these greenfield assets from an undisclosed mining major expected soon. “We do not want to expand our operations just for the sake of growth; we aim to... 

Universal aims for midtier status  through portfolio expansion
Photo by Duane Daws
UNIVERSAL’S GOAL Universal Coal aims to become a midtier coal producer

South Deep hits ‘low point’ in 2014 as skills deficit, downtime bite

By: Natalie Greve Despite the implementation of a strategy aimed at buffering gold producer Gold Fields from an enduring low gold price environment, the company said on Thursday that its key South Deep mine had been pushed to “its low point” in 2014. “South Deep remains challenging and the planned build-up for... 

South Deep hits ‘low point’ in 2014 as skills deficit, downtime bite

Kumba exceeds FY production target, but feels export price crunch

By: Megan van Wyngaardt JSE-listed iron-ore miner Kumba Iron Ore exceeded the 35-million-tonne production target at its Sishen mine in 2014, owing to the successful implementation of a recovery plan for the mine. Output was 15% higher than the 30.9-million tonnes produced in the prior year and the Anlgo American... 

Kumba exceeds FY production target, but feels export price crunch

Resource prices source of adversities and opportunities for Africa

By: Ilan Solomons According to the International Monetary Fund’s (IMF’s) recently released regional and world economic outlook update reports, the significant and potentially persistent decline in oil and other commodity prices, as well as slower-than-projected growth in the eurozone, China, Japan and Russia, have... 

Resource prices source of adversities and  opportunities for Africa
BACKS TO THE WALL Many African countries’ development prospects are inversely proportional to their natural resource endowment

Mine fatalities at lowest level ever – Ramatlhodi 

By: Ilan Solomons The 84 mine fatalities recorded in 2014 were the lowest ever in South African mining history, Mineral Resources Minister Ngoako Ramatlhodi revealed during a media briefing in Tshwane on Friday. Mineworker fatalities were down 10% from the 93 deaths reported in 2013. 

Mine fatalities at lowest level ever – Ramatlhodi

130 000 ex-mineworkers claiming unpaid benefits

By: Martin Creamer Former mineworkers and their beneficiaries are continuing to come forward in their droves to claim unpaid pension, provident fund and service-award benefits. “To date, we’ve had 130 000 mineworkers or their beneficiaries either walk into our offices or phone in to claim,” says Teba CEO Dr Graham... 

130 000 ex-mineworkers claiming unpaid benefits
Photo by Duane Daws
Graham Herbert interviewed by Mining Weekly

Cashless home loans for migrant mineworkers on way

By: Martin Creamer A system of providing incremental cashless home loans to migrant mineworkers living in distant areas is being implemented. Teba CEO Dr Graham Herbert, who spoke to Mining Weekly Online in the attached video interview on potential improvements to the much-criticised migrant labour system, says... 

Cashless home loans for migrant mineworkers on way
Photo by Duane Daws
Graham Herbert

R8bn project on time and under budget

By: Ilan Solomons Diversified miner Glencore’s Tweefontein Optimisation Project (TOP) – a brownfield expansion of the existing Tweefontein operation − was on course to reach steady-state plant production of 12.4-million tons a year by August 2015, the company told Mining Weekly during a site visit last month.... 

R8bn project on time and under budget
YIELDING RESULTS The Tweefontein Optimisation Project’s yield will be about 60%, which will result in about seven-million tons of processed coal product

Wesizwe reaches underground milestone

By: Natasha Odendaal RUSTENBURG (miningweekly.com) – Chinese-backed emerging platinum producer Wesizwe Platinum has reached another milestone at its flagship Bakubung platinum mine project, which is already two-and-a-half years ahead of schedule. Despite facing tensions in the platinum belt during the year, continual... 

Wesizwe reaches underground milestone

DRC’s Orientale ‘open for business’ – Bamanisa

By: Natasha Odendaal The Democratic Republic of Congo’s (DRC's) largest province has embarked on a roadshow to court public–private partnerships (PPPs) and attract investors to develop the 503 239 km2 region that is being rebuilt. The Province Orientale aimed to draw investors to opportunities in public works,... 

DRC’s Orientale ‘open for business’ – Bamanisa
DRC Province Orientale Governor Saidi Jean Bamanisa

Lonmin, AMCU celebrate finalisation of landmark BEE equity deal

By: Natalie Greve Lonmin has brought to a close three landmark black economic-empowerment (BEE) deals with employees and host communities that will now bring black ownership levels in the group to 26% and that have resulted in the creation of several community trusts in the labour-fractious Marikana region of the... 

Mineworker numbers set to fall 8% a year – Teba

By: Martin Creamer The number of mineworkers employed in gold mining and platinum mining in South Africa is expected to decline by about 8% a year in the next two years, says Teba Limited CEO Graham Herbert. Herbert, who spoke to Mining Weekly Online in the attached video interview, says his company – which is... 

Mineworker numbers set to fall 8% a year – Teba
Photo by Duane Daws
Graham Herbert (right) and Martin Creamer

Glencore’s new low-cost Tweefontein coal mine coming in below budget

By: Martin Creamer The new coal emerging from Glencore’s on-time, 85%-complete, R8.213-billion Tweefontein Optimisation Project (TOP) is coming in under budget. The project has delivered a low-cost, long-life brownfields expansion that has elevated Tweefontein into a modern, predominantly opencast operation that... 

Glencore’s new low-cost Tweefontein coal mine coming in below budget
Photo by Duane Daws
Allen Butcher and Martin Creamer on site at Tweefontein.

Natural gas a big GHG contributor

By: David D‘ Oliveira As indicated in President Jacob Zuma’s June State of the Nation Address, South Africa is serious about integrating natural gas into the country’s energy mix. This, however, could have unexamined consequences on South Africa’s contribution to global warming, as is the case in the shale gas-centric... 

Natural gas a big GHG contributor
Photo by Bloomberg
SHALE GAS FACILITY Studies have shown that many natural gas wells in the US have methane gas leakages of more than 9%

BHP Billiton signs R10bn aluminium supply deal with black consortium 

By: Martin Creamer The world’s biggest mining company BHP Billiton has agreed a R10-billion, five-year liquid metal supply contract with a black-controlled consortium in a transaction that gives the South African aluminium industry a shot in the arm. The diversified major, which is in the process of demerging its... 

BHP Billiton signs R10bn aluminium supply deal with black consortium
Photo by Duane Daws
Graham Kerr with Lucas Msimanga, Sizwe Khumalo, Zodwa Manase and David Austin

BHP Billiton’s demerging Newco heading for May vote

By: Martin Creamer The demerging of a selection of BHP Billiton assets into a separate new company (Newco) was going according to plan and heading for a May vote, Newco CEO-elect Graham Kerr said on Monday. Responding to Mining Weekly Online during question time at a media conference on BHP Billiton selling its... 

BHP Billiton’s demerging Newco heading for May vote
Photo by Duane Daws
Graham Kerr with Lucas Msimanga and Sizwe Khumalo

Technology initially developed for oil and gas industry enables visualisation of subsurface of entire mining area

By: Chantelle Kotze Using only traditional exploration techniques, such as drilling boreholes, does not enable an accurate perspective of the structural complexity of the earth’s subsurface at depth. However, using new three-dimensional (3D) seismic reflection interpretation technology, initially developed for the... 

Technology initially developed for oil and gas industry  enables visualisation of subsurface of entire mining area
MUSA MANZI Manzi is researching new ways of interpreting 3D seismic reflective data – acquired by gold miners Gold Fields and AngloGold Ashanti – of the Witwatersrand basin

Central African Republic new ‘blood diamond’ hub 

By: Martin Creamer The dysfunctional Central African Republic (CAR) has taken over as the country where “blood diamond” activity is again rife. Diamonds worth $24-million have been smuggled out of CAR since the suspension of the Kimberley Process last year and Seleka rebels and "anti-balaka" militia are providing... 

Central African Republic new ‘blood diamond’ hub
Photo by Creamer Media
Thierry Vircoulon (right) and Martin Creamer

Technology slashes power use at Glencore's huge S African chrome smelter 

By: Martin Creamer The Lion ferrochrome smelter owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less coke than conventional smelters as well as using... 

Technology slashes power use at Glencore's huge S African chrome smelter
Photo by Duane Daws
Lion's Andre van Zyl and Martin Creamer

Wescoal to be vastly different company by end of FY, H1 profit up

By: Leandi Kolver Junior coal miner and supplier Wescoal would be a vastly different company at the end of the current financial year as new developments came on stream, Wescoal CEO Andre Boje said on Tuesday during a presentation on the company’s results for the six months ended September 30. Boje said that, for... 

Wescoal to be vastly different company by end of FY, H1 profit up
Photo by Duane Daws
Wescoal CEO Andre Boje

AngloGold plans $1bn debt cut, mulls asset sales, partnerships

By: Martin Creamer Gold major AngloGold Ashanti, which beat third-quarter cost and production guidance and has recorded the safest two quarters in its history, is prioritising self-help steps to cut its debt by $1-billion and considering asset sales and partnerships, if required. The third-quarter performance of... 

AngloGold plans $1bn debt cut, mulls asset sales, partnerships
Photo by Duane Daws
AngloGold's Srinivasan Venkatakrishnan and new CFO Christine Ramon

Process control company hones in on Africa

By: Ilan Solomons The African mining industry is becoming an increasingly important market for process control instrumentation and industrial electronics supplier Instrotech, a member of local technology group Comtest, with the company expanding its footprint on the continent, particularly in Zambia, says... 

Process control company hones in on Africa
INSTRUMENTS FOR AFRICA Instrotech is increasing sales in African countries such as Zambia Mozambique, Botswana and Kenya

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
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