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Mining Indaba

Sandvik, Resolute gear up for the fully automated Syama gold mine

By: Kim Cloete     7th February 2019 Global engineering group, Sandvik, is looking forward to moving full steam ahead in its partnership with Resolute Mining to fully automate the Syama underground gold mine.  The Syama underground mine is set to be the world’s first purpose-built, fully automated sublevel cave gold mine. 

Solar Mining Services helps to boost the Mpumalanga economy 

By: Kim Cloete     7th February 2019 Solar Mining Services, a manufacturer and supplier of explosives, accessories and blasting services for the mining industry, has made strides in growing its business in South Africa. It has created more than 100 jobs and invested R500-million in South Africa since setting up in the country in... 

Solar Mining Services helps to boost the Mpumalanga economy
Solar Mining's Charles Hurly discusses the company's product offerings and its growth plans, while CEO Desmond Pillay talks about the company's impact on the Mpumalanga economy. Video and editing: Nicholas Boyd.

Zimbabwe lithium project wins the Mining Indaba’s Investment Battlefield competition 

By: Kim Cloete     7th February 2019 Junior mining company, Prospect Resources, has won the 2019 Mining Indaba Investment Battlefield for its lithium project located in Zimbabwe. Prospect Resources executive director Harry Greaves scooped the first prize at the Investing in African Mining Indaba, in Cape Town, after pitching the... 

Lesedi to assist Mozal in its aluminium expansion project

By: Kim Cloete     7th February 2019 South African engineering, procurement and construction (EPC) company Lesedi has recently been awarded a contract to assist South32’s Mozal aluminum plant in its expansion project. The $38-million AP3XLE energy efficiency project was approved in the third quarter of 2017 and started the rollout... 

Precious metal refiners face new LBMA environmental standard  

By: Martin Creamer     7th February 2019 The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations. 

Precious metal refiners face new LBMA environmental standard
LBMA CE Ruth Crowell tells Mining Weekly's Martin Creamer about the association's efforts to improve environmental and sustainability within the gold and silver mining and refining sectors. Video and editing: Nicholas Boyd.

Transnet promises to ramp up efficiency 

By: Kim Cloete     6th February 2019 Transnet has promised to deal with corruption and step up efficiency around its operations, which have taken a heavy knock over the past few years. “Over the past ten years, we have injected capital of R42-billion into the network side. Yet the scale of the network is worse today than it was ten... 

Transnet promises to ramp up efficiency
Photo by Creamer Media
Transnet acting CEO Tau Morwe

Junior mining fund under discussion – Minerals Council 

By: Martin Creamer     6th February 2019 A government-initiated fund for prospectors and developers is under discussion with the Public Investment Corporation and the Industrial Development Corporation, Minerals Council South Africa emerging mining head Grant Mitchell said on Wednesday. Speaking at a media conference at the Investment... 

Junior mining fund under discussion – Minerals Council
Photo by Creamer Media
Minerals Council executive Tebello Chabana

Ethiopia finalising mining industry reforms – minister

By: Reuters     6th February 2019 Ethiopia will finalise reforms for its underdeveloped mining and oil sectors within the next two months as it seeks to encourage more foreign investors, its mines and petroleum minister said on Tuesday. The country has already cut taxes for mining companies in recent years but the government... 

Bushveld Minerals hopes to list in Johannesburg by Q3

By: Reuters     6th February 2019 London-listed Bushveld Minerals , which has vanadium mines in South Africa, said on Tuesday it planned a to list on the Johannesburg Stock Exchange by the third quarter of this year. Bushveld Minerals, which has vanadium operations in South African and coal operations in Madagascar, said the... 

Congo 2018 copper output up 12.9% to 1.2Mt – Chamber of Commerce

By: Reuters     6th February 2019 Copper production in Democratic Republic of Congo, Africa's top producer, rose 12.9% in 2018 to 1.2-million tonnes, the Chamber of Commerce said in a presentation on Wednesday. Output of cobalt, a key component of electric car batteries, rose 43.8% to 106 439 t, while gold production increased by... 

Angola's Endiama sees diamond output rising to 13.8 Mct by 2022

By: Reuters     6th February 2019 Angola's State-owned diamond firm Endiama sees production rising to 13.8-million carats in 2022 compared with 9.5-million carats forecast for this year, a senior official said on Wednesday. Production in 2018 was 9.4-million carats, Endiama's director of geology, Kapingana Mandavela, told an... 

Minerals Council’s national platinum strategy targets real potential 

By: Martin Creamer     6th February 2019 Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger... 

Minerals Council’s national platinum strategy targets real potential
Photo by Dylan Slater
Minerals Council CEO Roger Baxter

Working together can deliver mining’s massive benefits – Friedland 

By: Martin Creamer     6th February 2019 Mining can and will deliver massive benefits if all stakeholders work together, Ivanhoe Mines executive co-chairperson and founder Robert Friedland said on Wednesday Speaking on the third day of the Investing in African Mining Indaba, he outlined the huge potential of collaborative government,... 

Working together can deliver mining’s massive benefits – Friedland
Ivanhoe Mines executive co-chairperson and founder Robert Friedland speaks about the winds of change blowing in South Africa and the DRC and the benefits mining companies, African governments and communities can reap if all parties work together. Video and editing: Nicholas Boyd.

Minerals Council welcomes President’s statements at Mining Indaba

By: Tasneem Bulbulia     6th February 2019 The Minerals Council South Africa has welcomed the statements made by President Cyril Ramaphosa during his address at the Investing in African Mining Indaba, in Cape Town, on Tuesday. The Minerals Council said the President had, throughout his address, echoed the sentiments expressed by Mineral... 

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

De Beers to spend R30m on diamond exploration this year
DBCM MD Phillip Barton speaks to Martin Creamer about the company's exploration programme in South Africa, as well as the company's plans for its Venetia mine. Video and editing: Nicholas Boyd.

Obuasi mine to be an engine of growth for AngloGold, says CEO

By: Kim Cloete     6th February 2019 AngloGold Ashanti CEO Kelvin Dushnisky is very upbeat about developing its Obuasi gold mine, in Ghana, and has described it as being "in a class of its own on a number of metrics".  “It will be an engine of growth for this company. You need big, chunky engines of growth which, year after year,... 

Obuasi mine to be an engine of growth for AngloGold, says CEO
Photo by Bloomberg
AngloGold Ashanti CEO Kelvin Dushnisky

Sanedi ready to support the mining industry in energy efficiency

By: Kim Cloete     6th February 2019 The mining sector has been encouraged to use more renewable energy and tighten up on energy efficiency, with the support of the South African National Energy Development Institute (Sanedi). Energy Minister Jeff Radebe said the mining industry would need innovative and novel solutions to reduce... 

Sanedi ready to support the mining industry in energy efficiency

Ramaphosa challenges mining to take ten value-adding steps   

By: Martin Creamer     5th February 2019 President Cyril Ramaphosa on Tuesday challenged the mining industry to take ten value-adding steps to hoist the industry into a potent new orbit across the entire continent. Addressing the Investing in African Mining Indaba, the president said he wished to issue a challenge against the background... 

Ramaphosa challenges mining to take ten value-adding steps
President Cyril Ramaphosa outlines ten value-adding steps for the mining industry at the 2019 edition of the African Mining Indaba in Cape Town. Camera Work & Editing: Nicholas Boyd. Recorded: 5.2.2019.

SA mining is a sunrise industry – Ramaphosa 

By: African News Agency      5th February 2019 President Cyril Ramaphosa said on Tuesday that the mining industry in South Africa is not a sunset industry, rather it is a sunrise industry.  Speaking on the second day on the 25th annual Investing in African Mining Indaba in Cape Town, Ramaphosa said government recognised the important role... 

SA mining is a sunrise industry – Ramaphosa
President Cyril Ramaphosa

Industry ready to improve CSI programmes in mining communities

By: African News Agency      5th February 2019 The Minerals Council South Africa said on Tuesday it was working to improve relationships between mines and communities, and to improve the developmental outcomes of companies' corporate social investment programmes. Minerals Council senior executive for public affairs and transformation, Tebello... 

Corruption over the past years crippled mining sector – Minerals Council

By: African News Agency      5th February 2019 The damage that was done to South Africa's economy over the past nine years before Cyril Ramaphosa became President has had huge impact on the investability of the mining sector, Minerals Council of South Africa CEO Roger Baxter said on Tuesday. "A year ago we arrived in Cape Town for the 2018... 

Barrick’s Bristow calls for a mindset change in the gold industry  

By: Kim Cloete     5th February 2019 Mark Bristow, the president and CEO of gold producer Barrick Gold has accused mining companies, investors and host countries of succumbing to the desire of instant gratification and for not investing deeply in the industry. He called for a mindset change in an industry that has been plagued with... 

Barrick’s Bristow calls for a mindset change in the gold industry
Photo by Bloomberg
Barrick Gold president and CEO Mark Bristow

Time to make Africa prosperous – Ghana President   

By: Martin Creamer     5th February 2019 It is time for Africa to make itself and its people prosperous by making use of mineral resources and modern technology to create a new world shorn of greed and cupidity, Ghana President Nana Akufo-Addo said on Tuesday. In an opening address on the second day of the Investing in African Mining... 

Time to make Africa prosperous – Ghana President
Ghana President Nana Akufo-Addo tells mining companies what they can expect when investing in Ghana. Video and editing: Nicholas Boyd.

Expect some tough announcements on Eskom soon – Davies 

By: News24Wire      5th February 2019 Eskom is in deep trouble financially and operationally and South Africa is facing enormous challenges in the electricity industry, Minister of Trade and Industry Rob Davies said on Tuesday. Davies was a guest speaker at a round table discussion hosted by the Department of Trade and Industry on... 

Expect some tough announcements on Eskom soon – Davies
Photo by Creamer Media
Trade and Industry Minister Rob Davies

Integrated Pump Technology

By: Creamer Media Reporter      5th February 2019 Established as the sole importer and princi­pal distributor for sub­Saharan Africa for the Grindex range of submersible pumps, Integrated Pump Technology has grown to offer tailor ­made solutions for vacuum pumps, as well as dry and submersible pumping applications. With its head office,... 

Integrated Pump Technology

Ford engages the mining sector on the road to more EVs

By: Kim Cloete     5th February 2019 Ford is quickening its pace towards the mass production of electric vehicles (EVs) and researching how the mining industry can help it to achieve its goals. “There are tremendous investments taking place at every level to achieve this radical revolution in the automotive industry,” Ford energy... 

Zambia will enforce copper import tax – mining minister

By: Reuters     5th February 2019 Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said. Musukwa was speaking on the sidelines of the Indaba mining conference in Cape Town,... 

Partnerships central to the Investing in African Mining Indaba

By: Kim Cloete     4th February 2019 Mutually beneficial partnerships are at the heart of the Investing in African Mining Indaba, in Cape Town, this year, which has grown from a conference attended by a few hundred attendees to around 4 000 in its twenty-fifth anniversary year this year. “The mining industry is in a position to make... 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state 

By: Kim Cloete     4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state
Globally diversified mining and metals company, South32, says it is concerned about the challenges that have increasingly threatened the stability of Eskom. Video and editing: Nicholas Boyd

Eskom lays bare its monumental challenges 

By: Martin Creamer     4th February 2019 When Eskom had 32 000 employees, debt of R40-billion and an output of 40 000 MW, it was a world-beater, Eskom group CE Phakamani Hadebe said on Monday. But its current employee level of 47 000 employees, debt of R440-billion and output of only 38 000 MW are presenting major turn-around challenges. 

Mantashe calls for mining investment amid renewed regulatory certainty  

By: Kim Cloete     4th February 2019 Mineral Resources Minister Gwede Mantashe has assured investors it is safe and stable to invest in the South African mining industry, with the return of regulatory certainty and a revised Mining Charter. “There was a lot of policy and regulatory uncertainty for the better part of last year. We... 

Mantashe calls for mining investment amid renewed regulatory certainty
Mineral Resources Minister Gwede Mantashe says the revised Mining Charter and regulatory certainty should encourage people to invest in South Africa's mining sector. Camera work and editing: Nicholas Boyd.
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