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Manganese News

Manganese needs disciplined supply approach – South32

By: Martin Creamer Mining is good for the world if done sustainably, South32 CEO Graham Kerr said on Monday. Speaking at the Investing in African Mining Indaba, Kerr said the current challenge was around excess supply, which was putting long-term sustainability at risk. 

Crucial decision needed on empowerment levels

By: Nadine James An urgent court judgment needs to be made to determine the empowerment levels in South Africa’s mining industry, as this will most likely impact on the future alignment between the Department of Trade and Industry (DTI) codes and the Mining Charter, stresses Cliffe Dekker Hofmeyr director of... 

Crucial decision needed on empowerment levels
ALLAN REID Aligning the Mining Charter with the Department of Trade and Industry codes will be challenging, regardless of the Department of Mineral Resources' 12-month extension

Delayed MPRDA Amendment Bill unfavourable

By: Nadine James It is more than a year since the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill was referred back to Parliament by President Jacob Zuma for reconsideration. According to the latest available public record, more parliamentary committee meetings to reconsider the Amendment... 

Delayed MPRDA Amendment Bill unfavourable

Mine health, safety amendment still not effective

By: Nadine James Two of the additional regulations pertaining to the operation of  diesel-powered trackless mobile machinery (TMM) on mines – which were published in February 2015 – remain inoperable, as the Department of Mineral Resources (DMR) has yet to stipulate a date when the specific obligations come into... 

Mine health, safety amendment still not effective
Photo by Bloomberg
AVERTING COLLISIONS Several of the new regulations regarding Trackless Mobile Machinery are meant to prevent or reduce collisions

Mining needs critical legal regulatory matters resolved

There will be many critical legal and regulatory issues facing the mining industry in 2016, says Chamber of Mines (CoM) legal head Lerato Legong. He claims that “one of the most important is going to be the review of the Mining Charter, which will likely lead to the development of the third... 

Mining needs critical legal regulatory matters resolved
Photo by Bloomberg
MOSEBEZI ZWANE The Chamber of Mines expects that the Mineral Resources Minister and his department will deal with a number of regulatory issues in the coming year

Proposed MPRDA amendments lack clarity

By: Nadine James While the proposed amendments to the Mineral and Petroleum Resources Development Act (MPRDA) contain positive aspects, in a broader sense, they are flawed, particularly in terms of the applications and appeals processes regarding mining rights, says Hogan Lovells partner and head of mining Warren... 

Proposed MPRDA amendments lack clarity
WARREN BEECH The amendments pertaining to appeals will adversely impact mining right applicants in terms of starting the process of securing operations funding and their contractual obligations

Anglo’s all-in 2015 production up despite stuttering South African inputs

By: Martin Creamer The 2015 full-year production of Anglo American increased by 5% on a copper equivalent basis, despite lower iron-ore and thermal coal contributions from South Africa and a flat performance by platinum. The London- and Johannesburg-listed diversified mining company said in a production report on... 

Anglo’s all-in 2015 production up despite stuttering South African inputs
Anglo's Goedehoop Colliery

Woodie Woodie closes as manganese price makes mine unviable

By: Esmarie Swanepoel Unlisted Consolidated Minerals at the end of last week suspended operations at its Woodie Woodie manganese mine, in Western Australia, citing the current record low price for manganese ore. The company said that the decision to transition the Woodie Woodie mine into care and maintenance would... 

Grange cuts staff numbers at Savage River

By: Esmarie Swanepoel Up to 55 staff would be made redundant at the Savage River operation, in Tasmania, as iron pellet producer Grange Resources accelerated its ongoing cost reduction strategy. The ASX-listed company had previously warned of redundancies at the Savage River mine, citing continued weakness in the... 

Shaw River calls in administrators

By: Esmarie Swanepoel Namibia-focused Shaw River Manganese on Monday went into voluntary administration, after the price of manganese fell by more than 50% since 2015. The ASX-listed company told shareholders on Monday that while it had a credit line with a major shareholder that had not yet been exhausted, beyond an... 

Applied Mineral Technologies

Witbank-based Applied Mineral Technologies (Amtec) specialises in the fabrication and construction of materials handling systems and processing plants. “Amtec is especially proficient and experienced in brownfield and shutdown construction activities having successfully undertaken many... 

Applied Mineral Technologies

Close-Up Mining

Mining, earthmoving and plant hire specialist Close-Up Mining is currently contracted by mining heavy weights Anglo Coal and Glencore, as well as various mid-tier and junior miners in Mpumalanga. It has also previously been subcontracted to service diamond giant De Beers Consolidated Mine’s open... 

Close-Up Mining

Key speaker to address investment options at Indaba

By: Mia Breytenbach International financial institution World Bank Group VP Makhtar Diop will be a key speaker at this year’s Investing in African Mining Indaba as well as being part of the market panel titled ‘Driving Investment in African Infrastructure - what are the investment options?’. The Mining Indaba will... 

Key speaker to  address investment options at Indaba
Photo by Duane Daws
MAKHTAR DIOP Despite the slowdown of Africa’s biggest economies, the gross domestic product in the region is expected to pick up to an average of 4.4% and 4.8% in 2016 and 2017, respectively

Networking at every turn

By: Kimberley Smuts Event organiser Mining Indaba recognises that one of the most critical functions of the Investing in African Mining Indaba conference is to create a platform that allows all those operating in the African mining sector to engage. The annual Mining Indaba taking place from February 8 to 11 at the... 

Networking at every turn
NETWORKING OPPORTUNITIES ABOUND Mining Indaba has again allocated specific times for networking over the course of the event to allow delegates to set up meetings and take advantage of the opportunity to meet new business contacts

Schwalbe

Focused on providing products and services while ensuring competitiveness in quality, reliability and price, South Africa-based drilling equipment supplier Schwalbe’s product lines have been supplied to and also tested with favourable results achieved by companies such as gold producer Anglo Gold... 

Schwalbe

South32 maintains 2016 guidance despite lower Q2 output

By: Esmarie Swanepoel Diversified spin-off South32 on Thursday reported that it was on track to meet production guidance for the majority of its operations, despite reporting a drop in second-quarter and half-year output. During the quarter ended December, South32 reported a 41% year-on-year decrease in metallurgical... 

South32 maintains 2016 guidance despite lower Q2 output
South32 CEO Graham Kerr

Policy uncertainty, DMR leadership ‘challenges’, weak prices bode ill for mining sector in 2016

By: Jade Davenport Over the last few years, South Africa’s mining industry has staggered into the new year increasingly the worse for wear having been ravaged by a myriad of challenges over the course of 2015 not least of which have included mineral-policy uncertainty, labour-management disputes, waning investor... 

Policy uncertainty, DMR leadership ‘challenges’, weak prices bode ill for mining sector in 2016

Globex acquires second New Brunswick mining project

By: Henry Lazenby North American project developer and royalty firm Globex Mining Enterprises has acquired a second project in the Eastern Canadian province of New Brunswick, giving it an advanced-stage undertaking with a previously defined compliant inferred resource statement. Under terms of the purchase... 

Crisis excellent opportunity to rescue mining – Motlanthe

By: Martin Creamer The current crisis in South Africa’s mining industry should be grasped as an excellent opportunity to introduce material change through an effective joint organising body that gets things done within specified timelines. “We’re in a rut and need to pull ourselves out of it together,” says former... 

Crisis excellent opportunity to rescue mining – Motlanthe
Photo by Duane Daws
Kgalema Motlanthe interviewed by Mining Weekly Online.

OMH calls in administrators for subsidiary

By: Esmarie Swanepoel Embattled manganese miner OM Holdings (OMH) has called in administrators for its subsidiary OM Manganese (OMM), which manages the Bootu Creek project, in the Northern Territory. Operations at Bootu Creek were suspended in December last year as a direct result of the ongoing and material fall in... 

Pan African Minerals to seek compensation from Burkina Faso

By: Reuters Pan African Minerals, a unit of Romanian-Australian resource tycoon Frank Timis's mining conglomerate, will seek compensation from Burkina Faso for losses incurred during a suspension of its Tambao manganese mine, a company executive said on Tuesday. The West African nation's transitional... 

Pan African Minerals to seek compensation from Burkina Faso
Photo by Duane Daws
Manganese.

OM Holdings suspends Bootu Creek ops

By: Esmarie Swanepoel Manganese miner OM Holdings on Tuesday announced the temporary suspension of operations at its Bootu Creek mine, in the Northern Territory. The miner told shareholders that the suspension was as a direct result of the ongoing and material fall in the manganese price. 

Tshipi to slash manganese exports, labour force amid depressed market

By: Natalie Greve Tshipi é Ntle Manganese Mining will reduce exports over the the next three months by at least 35%, and by 30% in 2016, and has also started with a restructuring process that could see it cutting its workforce by up to 60%, it said on Monday. The company noted in a statement that it sought to... 

OM Holdings shares tumble on Bootu Creek news

By: Esmarie Swanepoel The share price of ASX-listed OM Holdings dropped by 21% on Friday after the company confirmed that it was conducting a detailed review of its Bootu Creek manganese project, in the Northern Territory. Reports emerged this week that the company had halted production at the mine and had dismissed... 

Kriel Occupational & Wellness Centre

Independent service provider Kriel Occupational & Wellness Centre, a 100% black, female-owned business, was formed in 2008 to bridge the gap in the occupational health sector identified by director Dr Patience Lindi Mokwena. The women-empowered company, which is focused on servicing the mining... 

Kriel Occupational & Wellness Centre

How mining can innovate and boost cash at same time

By: Martin Creamer French software company Dassault Systèmes Geovia is offering South Africa’s struggling mining industry the opportunity to innovate and accelerate its cash flow at the same time. The company outlined its mix of innovation and cash-boosting potential at a presentation attended by Creamer Media’s... 

How mining can innovate and boost cash at same time
Photo by Duane Daws
David Osborn during video interview

Tramecon

Tramecon is a turnkey laboratory solutions provider, servicing mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company has recently supplied South Africa-based product logistics monitoring for a Democratic Republic of Congo... 

South32 reviewing tailings dam risk after Brazil disaster

By: Martin Creamer Diversified mining company South32, which was spun out of BHP Billiton earlier this year, is reviewing its tailings dam risk in the light of the collapse that killed 11 and displaced 600 at Samarco, the iron-ore mine in Brazil owned jointly by BHP Billiton and Vale. Under shareholder questioning... 

South32 reviewing tailings dam risk after Brazil disaster
Photo by South32
South32's first annual general meeting

Despite slowing growth, China to remain key growth market for metals

By: Henry Lazenby As commodity prices touched fresh decade-lows in recent months, a look at the global macroeconomic situation reveals that, despite China being a significant part of the commodity price slump, it will remain a critically important growth market for metals for decades to come. Addressing an... 

Despite slowing growth, China to remain key growth market for metals

Let’s rebuild mining together – Menell 

By: Martin Creamer South Africa has done just about everything possible to make running mining businesses very difficult, despite having wonderful mineral resources and many major capitalised mining enterprises. The country is suffering from 20 years of wrongfully assuming that mining has bottomless pockets to pay... 

Let’s rebuild mining together – Menell
Photo by Duane Daws
Rick Menell

Another listless year for mining belies future opportunities

By: Simon Rees China’s economic shift and the ongoing debate about a US interest rate rise continue to influence and shape the short-term future of mining and metals, Behre Dolbear senior MD Alastair McIntyre told an audience at a recent meeting of the Canadian Institute of Mining’s management and economic... 

Another listless year for mining belies future opportunities

PM Trudeau appoints new Cabinet, Carr named Natural Resources Minister

By: Henry Lazenby Shortly after being sworn in as Canada’s twenty-third Prime Minister on Wednesday morning, Justin Trudeau announced a new gender-equal Cabinet, including Manitoba MP James Carr as Minister of Natural Resources. In his new capacity, Carr assumed responsibility for the natural resources portfolio,... 

PM Trudeau appoints new Cabinet, Carr named Natural Resources Minister
Photo by Reuters
Canada's new Liberal Cabinet, led by PM Justin Truedeau.

Glencore shares leap as liquidity lifts, operations hum, debt falls

By: Martin Creamer Diversified mining and marketing major Glencore, which has been working hard to reduce debt in response to investor concerns, on Wednesday won market plaudits on its rising liquidity level, debt-cutting streaming transactions and operations that one analyst described as “humming”. As a... 

Glencore shares leap as liquidity lifts, operations hum, debt falls
Photo by Duane Daws
Ivan Glasenberg, backgrounded by the South African school Glencore funded.

TPT highlights role of technology in improving port efficiencies

By: Shirley le Guern Transnet Port Terminals (TPT) has improved efficiencies and significantly enhanced port throughput, thereby positively impacting on South Africa’s economic growth, CEO Karl Socikwa told delegates at the African Ports Evolution Conference, in Durban. The conference, now in its fourth year, was... 

TPT highlights role of technology in improving port efficiencies
Photo by Duane Daws
TPT CEO Karl Socikwa

Chamber repeats delay call as National Treasury publishes carbon tax draft

By: Martin Creamer The imposition of a carbon tax should be delayed by five years, the Chamber of Mines of South Africa reiterated on Wednesday following the publication by National Treasury of a draft carbon tax Bill. The chamber said ahead of its own planned scrutiny of the draft that such a delay would be... 

Chamber repeats delay call as National Treasury publishes carbon tax draft
Photo by Duane Daws
Roger Baxter

Corruption concerns have increased implications for mining and exploration M&A

By: Simon Rees Buyers are becoming increasingly wary of corruption issues when buying projects, operations or other companies, and those looking to sell will have to be more mindful of this, says PricewaterhouseCoopers Canada MD and anticorruption expert Frederic Miller.   “Nobody these days wants to buy a... 

Davis tax proposals sound death knell for new mine development 

By: Martin Creamer The recommendations of the Davis Committee on Tax bring the prospect of new mining development to a screeching halt and sound the death knell for new gold mining development in particular, commentators warn. The South African mining industry has until October 31 to comment on the first round of... 

Davis tax proposals sound death knell for new mine development
Photo by Duane Daws
Bruce Williamson

Shareholders get 3% of mining cake, employees 45% – PwC 

By: Martin Creamer Of the value created by 35 Johannesburg Stock Exchange-listed mining companies, a low 3% went to shareholders and a high 45% to employees, an analysis of the 12 months to June 2015 shows. Net profit fell 75% to a mere R2-billion even though impairment provisions were 26% lower. 

Shareholders get 3% of mining cake, employees 45% – PwC
Photo by Creamer Media
Andries Rossouw
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