http://www.miningweekly.com
R/€ = 15.43 Change: 0.20
R/$ = 13.73 Change: 0.21
Au 1312.00 $/oz Change: -5.48
Pt 1026.50 $/oz Change: -0.50
 

Manganese News

Cash optimisation, capital access and productivity top EY’s 2016/17 business risks

By: Creamer Media Reporter      30th September 2016 Capital considerations dominate the top three business risks in the mining and metals sector, according to professional services firm EY’s latest ‘Top 10 business risks facing mining and metals 2016-2017’ report. “Much like our global counterparts, Canadian mining and metals companies are facing... 

Illegal mining out of control – Mine Rescue Services

By: Natasha Odendaal     27th September 2016 A surge in the number of mine rescues and recoveries at abandoned and disused operations is an indication that the illegal mining scourge is starting to spiral out of control, and the recorded incidents are just the tip of the iceberg. The Chamber of Mines and Mine Rescue Services (MRS) on... 

Illegal mining out of control – Mine Rescue Services
Photo by Duane Daws
Mine Rescue Services CEO Christo de Klerk

Assmang investigates sexual harassment complaint against Black Rock Mine manager

By: African News Agency      22nd September 2016 Black Rock Mine on Wednesday said it was investigating an internal complaint of sexual harassment involving a manager and a female employee. The investigation was initiated after the National Union of Mineworkers (NUM) reported the matter to senior management last week. NUM said the alleged... 

Pallinghurst suffers H1 losses as market strains continue

By: Megan van Wyngaardt     21st September 2016 Diversified investment company Pallinghurst Resources on Wednesday reported another interim loss of $32-million for the six months ended June 30. This was, however, a significant improvement on the loss of $149-million incurred in the six months to June 30, 2015, owing to improved commodity... 

South African ‘Mining Hall of Fame’ on way – Swanepoel

By: Martin Creamer     20th September 2016 A South African ‘Mining Hall of Fame’ is on the way. Revealing this at a pre-Joburg Indaba presentation on Tuesday, chairperson Bernard Swanepoel noted that South Africa was odd mining jurisdiction out in not having a mining hall of fame. 

South African ‘Mining Hall of Fame’ on way – Swanepoel
Photo by Duane Daws
Joburg Indaba chairperson Bernard Swanepoel

Policy environment failing South African mining – professor

By: Martin Creamer     15th September 2016 South Africa’s policy environment is failing its mining industry, which is suffering an inability to attract investment. In terms of the weighted average cost of capital (WACC), South Africa is trailing many other mining jurisdictions owing to its unstable political economy. 

Policy environment failing South African mining – professor
Photo by Duane Daws
Southern African Institute of Mining and Metallurgy mineral economics division chairperson Professor Michael Solomon

First global rankings of renewables use by mining companies to be released

By: Creamer Media Reporter      14th September 2016 Renewable energy information provider to the mining industry Energy and Mines has released the initial results of the first global rankings of renewables used by mining companies, identifying that the top 21 mining companies use wind and solar energy to power their operations. The ‘Energy and... 

NUM supports striking members at Northern Cape mine

By: Megan van Wyngaardt     13th September 2016 The National Union of Mineworkers (NUM) on Tuesday said it supported employees who were striking at manganese and iron-ore junior Diro Resources’ operation, in Kathu, in the Northern Cape. The mine is said to have not paid its employees since May. 

Mining needs disruptive digital change, Electra Mining conference hears

By: Martin Creamer     12th September 2016 The mining industry, which has a past of intervening with key technologies at critical times, is currently at an important leverage point that requires disruptive change. Envisaged is that disruptive change will be supported by the interaction of people, process and technology and definitely not... 

Mining needs disruptive digital change, Electra Mining conference hears
Photo by Duane Daws
Telstra Mining Services head Jeanette McGill

ARM keen to do more in platinum 

By: Martin Creamer     9th September 2016 Diversified mining company African Rainbow Minerals (ARM), which has reached agreement to increase its holding in the Two Rivers platinum mine to 54%, is keen on enlarging its overall platinum base still further. The Two Rivers mine on the eastern limb of the Bushveld Complex achieved record... 

ARM keen to do more in platinum
African Rainbow Minerals (ARM) CEO Mike Schmidt talks to Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer.

Globally competitive mining legislation critically important – Motsepe 

By: Martin Creamer     8th September 2016 Globally competitive mining legislation is critically important for South Africa, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said on Thursday when he gave his full backing to the “once empowered, always empowered” principle currently the subject of negotiation between... 

Globally competitive mining legislation critically important – Motsepe
African Rainbow Minerals executive chairperson Patrice Motsepe talks to Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Darlene Creamer 8.9.2016

ARM pays lower dividend as earnings plummet

By: Martin Creamer     8th September 2016 The headline earnings of diversified mining company African Rainbow Minerals (ARM) decreased 40% to R1 051-million in the 12 months to June 30. Earnings a share were 494c, compared to 803c last financial year. 

ARM pays lower dividend as earnings plummet
Photo by Duane Daws
African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe

Assore earnings down on global iron-ore, manganese oversupply

By: Martin Creamer     7th September 2016 Base mineral and metals mining company Assore, which released financial results for the 12 months to June 30 on Wednesday, reported 11.7% lower headline earnings to R1.7-billion for the financial year. The Johannesburg Stock Exchange-listed company, chaired by Des Sacco, reported a poor ongoing... 

Assore earnings down on global iron-ore, manganese oversupply
Khumani iron-ore mine in Northern Cape.

Mining project enquiries on the rise – Amec Foster Wheeler 

By: Martin Creamer     2nd September 2016 Although the mining project business is currently depressed, the increased number of enquiries for potential studies is indicative of an uplift in demand. Amec Foster Wheeler regional director: mining Africa Gavin Chamberlain reports that with the integration of MDM Engineering into the group,... 

Mining project enquiries on the rise – Amec Foster Wheeler
Amec Foster Wheeler regional director: mining Africa Gavin Chamberlain talks to Mining Weekly Online’s Martin Creamer on mining projects. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

Schwalbe

     26th August 2016 Focused on providing products and services whilst ensuring competitiveness in quality, reliability and price, South Africa-based drilling equipment supplier Schwalbe’s product lines have been supplied to and tested, with favourable results, by companies such as gold producer AngloGold Ashanti,... 

Schwalbe

South32 to pay inaugural dividend despite significant revenue drop

By: Samantha Herbst     25th August 2016 Despite a 25% drop in revenue for the 2016 financial year, diversified mining major South32 announced on Thursday that it would pay an inaugural shareholder dividend of $0.01 a share, reflecting the company’s belief in its operations and the flexibility of its balance sheet. With revenue down... 

South32 to pay inaugural dividend despite significant revenue drop
Photo by Bloomberg
South32 CEO Graham Kerr

Skiptainer helps PE terminal increase manganese export volumes

By: Mia Breytenbach     12th August 2016 Port operator Transnet Port Terminals’ (TPT’s) skiptainer solution has proven successful in meeting rising demand for the export of manganese, says TPT Port Elizabeth (PE) terminal manager Nelisiwe Mbenekazi. She says that there was significant demand abroad for manganese, but TPT was unable to... 

Skiptainer helps PE terminal increase manganese export volumes
Photo by Duane Daws
MANGANESE FLOW Transnet Port Terminals handled 160 000 t since December in the 2013/14 financial year and expects to handle 1.6-million tons for the 2016/17 financial year

Steadily improving South African mine output to benefit Q2 GDP figures – economist

     11th August 2016 A steady improvement in mining activity in recent months should bode well for South Africa’s second-quarter gross domestic product (GDP) figures, BNP Paribas Securities South Africa economist Jeffrey Schultz commented on Tuesday. “On a quarter-on-quarter seasonally adjusted and annualised basis,... 

Gulf Manganese buys smelters from South African company

By: Megan van Wyngaardt     8th August 2016 Australia-listed company Gulf Manganese has bought two ferromanganese smelting furnaces from South Africa-based Transalloys for its smelting hub in Kupang, Indonesia. Gulf will buy the two furnaces and related equipment for $1-million cash, while supplying Transalloys with up to 30 000 t/y of... 

Osisko reports 133% cash flow increase in Q2, sees record revenues, gold ounces earned

By: Samantha Herbst     5th August 2016 Precious metals royalty company Osisko Gold Royalties has seen a 133% year-on-year increase in cash flows from operating activities, reporting $15-million in cash flow achieved in the three months to June 30, on the back of record revenues and gold ounces earned. The TSX- and NYSE-listed company... 

Osisko reports 133% cash flow increase in Q2, sees record revenues, gold ounces earned
Canadian Malartic gold mine, Québec

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

By: Terence Creamer     2nd August 2016 State-owned freight logistics group Transnet reports that its multibillion-rand capital expenditure (capex) plan, which has already been rephased in response to weaker-than-expected market demand, could be further moderated under what it terms a “low-road scenario”. Outlining its revised capital... 

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

Most South32 operations meet, exceed guidance in maiden year

By: Mia Breytenbach     29th July 2016 Diversified major South32 says the completion of restructuring initiatives and the fact that production met or exceeded guidance for the 2016 financial year for the majority of its operations positions the company well to achieve its unit cost guidance in the new financial year. Despite a... 

Most South32 operations meet, exceed guidance in maiden year
Photo by Bloomberg
RECORD PRODUCTION Mozal Aluminium, in Mozambique, achieved a yearly production of 266 000 t in the financial year under review

Ruskoway outlines ambitious plans to develop diverse asset portfolio

By: Ilan Solomons     22nd July 2016 South African junior mining and exploration company Ruskoway is intent on developing its four diversified mineral resource projects in South Africa, says Ruskoway project manager Siyabonga Sibiya. The company’s Fonte Verde platinum-group metals (PGMs), nickel and copper deposit is located near... 

Ruskoway outlines ambitious plans to develop diverse  asset portfolio
IRON MINERALISATION Ruskoway’s latest testwork on Matayo has established that a final product of up to 69% iron maghemite can be produced

South32 on track to meet FY2017 cost guidance; FY2016 production in line with forecasts

By: Mia Breytenbach     21st July 2016 Diversified major South32 says the completion of restructuring initiatives and the fact that production met or exceeded guidance for the 2016 financial year for the majority of its operations is positioning the company well to achieve its unit cost guidance in the new financial year. Despite a... 

South32 on track to meet FY2017 cost guidance; FY2016 production in line with forecasts
Photo by Bloomberg
South32 CEO Graham Kerr

Anglo ups South African export coal output as diamond, iron-ore volumes fall

By: Martin Creamer     20th July 2016 Diversified mining company Anglo American upped South African export coal production in the three months to June 30, which saw local diamond and iron-ore output fall appreciably. While Eskom-related production remained broadly unchanged in the second quarter, export coal production rose 8% to... 

Anglo ups South African export coal output as diamond, iron-ore volumes fall
Photo by Duane Daws
Anglo American CE Mark Cutifani

Judgment shows courts won’t easily endorse Mining Charter III's blunt arithmetical quotas – Leon 

By: Martin Creamer     19th July 2016 Mineral Resources Minister Mosebenzi Zwane would do well to ponder last Friday’s landmark Constitutional Court judgment as he and his department mull public comments on the draft reviewed Mining Charter that he sprung on the South African mining industry in a surprise April gazetting. This is... 

Judgment shows courts won’t easily endorse Mining Charter III's blunt arithmetical quotas – Leon
Photo by Duane Daws
Herbert Smith Freehills’ Peter Leon,

Tax Bill throws up royalty surprises as Davis Tax Committee mulls broader mining reforms 

By: Martin Creamer     18th July 2016 The Taxation Laws Amendment Bill released on July 8 contains two surprise amendments to mineral royalty taxation on the eve of the Davis Tax Committee’s next mining tax report, which is expected to provide the royalty regime with much needed certainty. The two amendments proposed in the Bill,... 

Tax Bill throws up royalty surprises as Davis Tax Committee mulls broader mining reforms
KPMG tax head Muhammad Saloojee talks to Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

Gabon inaugurates Central Africa’s first school of mining

By: Ilan Solomons     15th July 2016 Gabon President Ali Bongo Ondimba, alongside São Tomé and Príncipe Prime Minister Patrice Trovoada, recently inaugurated the Moanda School of Mining and Metallurgy, which is also known as E3M, in the Haut-Ogooué province of Gabon. “This school responds to the need for greater diversification in... 

Gabon inaugurates Central Africa’s first school of mining
MOANDA SCHOOL OF MINING AND METALLURGY As the first institution of its kind in the subregion, the school will also enable Gabon to promote exchanges with the Central African subregion and beyond

Pneumatic equipment no longer centre stage, but still has place

By: Sebastian Whyle     15th July 2016 The uptake of pneumatic tools at mine sites has slowed, owing to new mining technology and techniques, equipment provider Borwa Mining Instruments MD Lebogang Matlou tells Mining Weekly.  

Pneumatic equipment no longer centre stage, but still has place
RIGOROUS REQUIREMENTS Mining companies are cleaning house, looking for genuine, nonfronting and reliable black-youth-owned mining suppliers

Mining production falls 4.4% y/y in May

     14th July 2016 South Africa’s mining production decreased by 4.4% year-on-year in May, driven by lower iron-ore and manganese ore production. Iron-ore output fell by 26.4% year-on-year, contributing -4.9 percentage points to the overall decrease, while manganese ore production was down 25.4% year-on-year,... 

BofAML rejigs commodity price deck as global economic shocks favour gold over base metals

By: Henry Lazenby     8th July 2016 Bank of America Merrill Lynch (BofAML) has adjusted the price forecast for most mined commodities, citing increased market uncertainty favouring precious metals over the base metals pricing outlook. So far this year, mined commodities have rallied sharply, reinforcing analysts’ view that... 

BofAML rejigs commodity price deck as global economic shocks favour gold over base metals
BofAML sees increased market uncertainty favouring precious metals over the base metals pricing outlook

Reactore Solutions

     8th July 2016 Reactore is a modular ERP system that is uniquely able to integrate with all major software and hardware systems in use at the majority of mines.  The solution is written with Scala, a reactive technology, providing real time data flow for timely scheduling and management of operations and... 

Reactore Solutions

Some services firms report business revival as several commodity prices rise

By: Henry Lazenby     6th July 2016 Certain mining services providers have reported increased interest from customers on both the investor and mining side, saying the slight recovery for many major commodities so far this year had translated into improved business. “Yes, there’s definite improvement in our business, especially... 

Some services firms report business revival as several commodity prices rise

Gold miners’ silicosis case could open floodgate for litigation in other sectors

By: David Oliveira     1st July 2016 The certification of class action status to current and former gold mineworkers suffering from silicosis and tuberculosis against more than 30 historic and current gold mining companies in South Africa potentially opens the door for similar litigation across several sectors, including those of... 

Glencore throws full weight behind transparency in money-to-govts report 

By: Martin Creamer     29th June 2016 Global diversified mining and marketing company Glencore threw its full weight behind complete openness in its maiden Payments-To-Governments Report 2015. In a 17-page outline, Glencore CFO Steve Kalmin provides an overview of the $5-billion it paid last year to 16 governments ranging from... 

Glencore throws full weight behind transparency in money-to-govts report
Photo by Duane Daws
Glencore CFO Steve Kalmin

Mining Indaba slashes prices for mining corporates

By: Martin Creamer     29th June 2016 Mining companies attending the upcoming Investing in African Mining Indaba in Cape Town will benefit from significantly reduced registration fees. Mining Indaba officials have introduced price reductions of up to 50% for the February 6 to 9 event, now in its twenty-third year. 

Mining Indaba slashes prices for mining corporates
Mining Indaba MD Jonathan Moore

Amec welcomes govt decision to extend interim relief of port charges

By: Samantha Herbst     28th June 2016 The Association of Mining & Exploration Companies (Amec) has welcomed the decision to extend the $2.50/t interim relief package at the Utah Point Bulk Handling Facility in Port Hedland for at least another 12 months. Western Australian State Development Minister Bill Marmion, together with... 

Gemco, land council ink agreements to benefit traditional owners

By: Samantha Herbst     28th June 2016 After three years of negotiations, traditional owners represented by the Anindilyakwa Land Council (ALC) and managers at the Gemco manganese mine have settled on a range of landmark agreements to substantially expand the Gemco mine, located on Australia’s Groote Eylandt, which will generate new... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Company Announcements

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
Close