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Manganese News

Less Eskom coal, fewer S African diamonds, less refined platinum, lower iron-ore sales – Anglo

By: Martin Creamer Diversified mining company Anglo American on Thursday reported 12% lower coal production for South Africa’s State electricity utility Eskom, 31% less refined platinum production, 4% lower iron-ore exports and fewer diamond carats from South African diamond mines, in the three months to September... 

Shaw River signs offtake deal with Noble

By: Esmarie Swanepoel ASX-listed Shaw River Manganese on Wednesday announced that it had secured an offtake agreement with Noble Resources International for up to 30 000 t of manganese from its flagship Otjozondu project, in Namibia. The sales contract was structured for fixed pricing, at different product... 

Exploration results confirm potential to boost Nayega resource

By: Leandi Kolver Exploration results from pit sampling at Aim-listed Ferrex’s Nayega manganese project, in Togo, have confirmed a number of targets with the potential to increase the project’s current Joint Ore Reserves Committee-compliant resource of 11-million tonnes, MD Dave Reeves said on Thursday. He noted... 

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

Platinum producers top mining/metals companies in sustainability data transparency index

By: Tracy Hancock The 2014 IRAS Sustainability Data Transparency Index (SDTI) report has been published, with platinum producer Anglo America Platinum (Amplats) topping the mining/metals companies list and ranking second out of the more than 300 companies assessed throughout South Africa and across all sectors in... 

S Africa mine output down 10.1% in August

Mine production in South Africa decreased 10.1% year-on-year in August, as platinum group metals (PGMs) production fell 45%, diamond output 30.2% and other nonmetallic minerals 24.1%. Seasonally adjusted mining production fell 3.1% month-on-month in August, while mine output, on a seasonally... 

S Africa mine output down 10.1% in August

Moderate global economic growth outlook forces miners to keep promises

By: Henry Lazenby The most critical challenge miners needed to deal with during the next 12 months was to deliver on their promises of cost savings and regain the confidence of the capital markets, professional services firm KPMG Canada’s mining industry leader Lee Hodgkinson said on Thursday. Speaking to Mining... 

Moderate global economic growth outlook forces miners to keep promises

Solidarity, Assmang discuss alternatives to proposed retrenchments

By: Leandi Kolver Trade union Solidarity on Wednesday said it had been in discussions with the management of mining company Assmang, in Machadodorp, Mpumalanga, in an attempt to find alternatives to the retrenchment of as much as 60% of its employees. Solidarity said Assmang had, this month, sent the union a... 

Solidarity, Assmang discuss alternatives to proposed retrenchments

Nayega manganese mining permit award expected in Q4

By: Leandi Kolver Aim-listed iron-ore and manganese developer Ferrex expected the mining permit for its Nayega manganese project, in Northern Togo, to be awarded during the fourth quarter of the year, MD Dave Reeves said on Monday. He noted that the definitive feasibility study (DFS) for the 250 000 t/y manganese... 

Nayega manganese mining permit award expected in Q4

Smart governments encourage foreign investment – Glasenberg

By: Martin Creamer Smart governments encouraged foreign investment and ensured that they did not make it too difficult or impossible for companies to invest, Glencore CEO Ivan Glasenberg said on Wednesday. Glencore – which employs 42 500 people at its South African operations, 20 300 of them in coal and 22 200 in... 

Smart governments encourage foreign investment – Glasenberg
Photo by Duane Daws
Ivan Glasenberg and Martin Creamer

Mineral beneficiation, industrialisation key to development – Finance Minister 

By: Martin Creamer The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF). Speaking at a CEEF dinner in... 

Mineral beneficiation, industrialisation key to development – Finance Minister
Photo by Duane Daws
Finance Minister Nhlanhla Nene

BHP Billiton’s Newco poised to benefit South Africa

By: Martin Creamer The assets that BHP Billiton plans to hive off into a new standalone global diversified metals and mining company generated sales revenue last year of close to $10-billion. In the last ten years, the commodities of the proposed new company (Newco) enjoyed an earnings margin – in earnings before... 

BHP Billiton’s Newco poised to benefit South Africa
Photo by Duane Daws
Newco CEO-designate Graham Kerr (right) and Martin Creamer

South Africa gets 200-job sweetener as BHP Billiton spins out Newco

By: Martin Creamer The world’s largest diversified mining company has created sweeteners for South Africa as it demerges and sets out to create a new global metals company that will have a third of its value made up of Southern African aluminium, manganese and energy coal assets. BHP Billiton CEO Andrew Mackenzie... 

South Africa gets 200-job sweetener as BHP Billiton spins out Newco
Photo by Bloomberg
Newco CEO-designate Graham Kerr

Major South African assets fail to make cut in BHP Billiton portfolio remake 

By: Martin Creamer Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement. Aluminium and manganese have been excluded by implication in BHP Billison's selection of iron-ore, copper, coal – with coking coal the likely preferred coal type over thermal... 

Major South African assets fail to make cut in BHP Billiton portfolio remake
BHP Billiton CEO Andrew Mackenzie

Shaw River secures loans for Namibian manganese project

By: Esmarie Swanepoel ASX-listed junior Shaw River Manganese has secured up to A$8-million under two separate loan facilities with Bryve Resources to advance its Otjozondu manganese project, in Namibia. The A$2-million would be covered under a convertible loan facility with Bryve, while the second would consist of a... 

Shaw River secures loans for Namibian manganese project

Operation Hurry Up on way for mining sector – Presidency Minister

By: Martin Creamer An Operation Phakisa (Hurry Up) for the mining sector, aimed at realising its full gross domestic product (GDP) potential, was on the way in consultation with all the key stakeholders, including the Chamber of Mines and organised labour, Minister in the Presidency Jeff Radebe said on Wednesday... 

Operation Hurry Up on way for mining sector – Presidency Minister
Photo by Duane Daws
Presidency Minister Jeff Radebe

OMH reports strong June quarter

By: Esmarie Swanepoel Manganese miner OM Holdings (OMH) has reported solid production during the three months ended June, with the miner producing 225 095 t of manganese product, grading 36.35% at its Bootu Creek mine, in the Northern Territory. This was compared with the 221 690 t, grading 34.75% reported in the... 

Anglo delivers ‘pleasing’ results despite headwinds

By: Natasha Odendaal Despite the headwinds faced by diversified miner Anglo American during the first half of the year, the group had delivered a “pleasing” performance at all its operations barring platinum. Anglo American CEO Mark Cutifani on Friday said the group posted 3% higher underlying earnings of... 

Anglo delivers ‘pleasing’ results despite headwinds
Photo by Duane Daws
Mark Cutifani

New metrics enhance transparency of gold miners’ cost reporting

By: Henry Lazenby The World Gold Council’s (WGC’s) supplementary ‘all-in’ cost metrics have helped gold miners to provide more external transparency regarding their cost reporting, while the metrics have enabled them to internally drive change by equipping employees to make better cost-related decisions. A year... 

New metrics enhance transparency of gold miners’ cost reporting

US miner receives $500 000 investment

California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds will be delivered over time until December 2015.... 

US miner receives  $500 000 investment
Photo by Duane Daws
SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds

Anglo’s South African mines up output, platinum sales ‘normal’ despite strike

By: Martin Creamer Anglo American’s South African mines came to the party in the three months to June 30, with increased production across-the-board, including platinum supply “at normal levels” to all platinum customers, in spite of the fierce five-month strike in the platinum belt. The London- and... 

Anglo’s South African mines up output, platinum sales ‘normal’ despite strike
Anglo CEO Mark Cutifani

Aviation hitech flying into South African mining space

By: Martin Creamer Advanced aerospace high-technology is flying into South Africa’s changing mining space. French software company Dassault Systèmes, which has built entire aircraft technology platforms that provide three-dimensional (3D) visualisation for every aspect all the way to assembly, is now keen to... 

Aviation hitech flying into South African mining space
Photo by Duane Daws
Dassault Systèmes David Osborn

SADC countries have significant growth potential

By: Ilan Solomons While the mining industry across the Southern African Development Community (SADC) region has continued on a positive growth path – despite the tough economic climate – some investors have indicated that South Africa is losing its status as the “gateway to Africa”, according to professional... 

SADC countries have significant growth potential
Photo by Duane Daws
STILL RAKING IT IN The strength of Southern Africa as an investment destination is derived largely from the power of the South African economy

Noko suggests more frequent home visits for migrant miners

By: Martin Creamer Consideration should be given to the restructuring of shifts to allow migrant mineworkers from distant areas to go home more frequently, says AngloGold Ashanti executive VP sustainability David Noko. Noko, who has headed AngloGold’s social and sustainable development portfolio since June 2012,... 

Noko suggests more frequent home visits for migrant miners
AngloGold Ashanti's David Noko

NDP requires accelerated mining effort – Minerals Minister

By: Martin Creamer The National Development Plan (NDP) required an accelerated effort towards ensuring mining's continued contribution to economic growth and the elimination of the triple challenge of unemployment, inequality and poverty, South Africa’s new Mineral Resources Minister Ngoako Ramatlhodi said on... 

NDP requires accelerated mining effort – Minerals Minister
Photo by Creamer Media
Minerals Minister Ngoako Ramatlhodi

Gabon State mining co forms JV to explore manganese resource

By: Natalie Greve Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon. The JV, dubbed Gabon Manganese & Ferroalloys... 

Gabon State mining co forms JV to explore manganese resource

Lower output expected at Romang Island - Robust

By: Esmarie Swanepoel ASX-listed Robust Resources on Wednesday insisted that its proposed Romang Island manganese project, in Indonesia, remained viable, despite a revised scoping study lowering production and revenue forecasts. The initial scoping study, released in April this year, estimated that the could deliver... 

Mines undermine workers – BUA

By: Sapa Mineworkers have long been undermined and belittled by mining companies, a social rights movement said on Tuesday. "The slave living and working conditions under which mineworkers are exposed cannot be condoned in the current South African constitutional democracy," said Bua Mining Communities... 

Mines undermine workers – BUA

Cabinet too big – Seifsa

By: Sapa President Jacob Zuma's new Cabinet is too big and will be too costly, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Monday. "While we understand that Cabinet appointments offer the president an opportunity to reward his supporters and to balance the interests... 

Cabinet too big – Seifsa
Siefsa CEO Kaizer Nyatsumba

1 980 workers to be ‘affected’ by Exxaro’s 2015 restructuring plan 

By: Natalie Greve Mining major Exxaro Resources confirmed in an email to Mining Weekly Online on Thursday that it was in the throes of developing a restructuring plan that would “optimise its current operating model” and likely affect some 1 980 employees. “Exxaro has engaged with organised labour in consultations... 

1 980 workers to be ‘affected’ by Exxaro’s 2015 restructuring plan

Wilcherry Hill proves positive for manganese

By: Esmarie Swanepoel An independent review into ASX-listed IronClad Mining’s Wilcherry Hill operation, in South Australia, has confirmed the project’s manganese potential. Independent reviewer Arc Resources on Tuesday reported that IronClad’s most recent drilling campaign had intersected significant manganese at the... 

Wilcherry Hill proves positive for manganese
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