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Resources Watch

This week: Coal of Africa invests R250-million capex in Vele expansion. Dr Sivi Gounden says the current mining crisis presents an opportunity for a mining sea change. And, ARM says its Malaysian project isn’t an abandonment of local beneficiation. 

Mining subsidising inefficient beneficiation beggars belief – chamber  

By: Martin Creamer The possibility of the South African mining industry providing effective subsidies to underpin inefficient mineral beneficiation beggars belief in a modern country trying to assert its regional economic credentials. That is the view of Chamber of Mines of South Africa president Mark Cutifani,... 

African Rainbow Minerals restructures board 

By: Natasha Odendaal JSE-listed African Rainbow Minerals (ARM) on Friday announced that as of June 1, the group would reduce the number of executive directors serving on the board from eight, to five. The company said that it would retain the former executive directors as full-time executives within the company. 

Resources Watch

By: Creamer Media Reporter This week: Patrice Motsepe says the ANC document’s on mining tax are a worry. The Saldanha manganese rail study is presented to Transnet. And, there’s a strong economic case for lifting the shale exploration ban. 

ARM FY earnings surge to R3.3bn

By: Loni Prinsloo Diversified miner African Rainbow Minerals (ARM) saw a surge in earnings during its 2011 financial year and said that it intended to spend R10-billion up to 2014 to ensure further growth. The miner, which has an interest in iron-ore, platinum, coal, chrome, manganese and nickel, reported a 94%... 

Assmang invites power plant bids for Machado, eyes Cato

By: Martin Creamer South African ferroalloys producer Assmang on Monday invited expressions of interest for the establishment of a 20 MW cogeneration power plant at its smelter in Machadodorp, and is mulling similar cogeneration at its Cato Ridge works. Mining Weekly Online can report that Assmang intends... 

South Africa risking losses through logistical ineptitude – Patrice Motsepe

By: Martin Creamer South Africa was running the risk of losing business to rival countries because of logistical ineptitude, African Rainbow Minerals (Arm) executive chairperson Patrice Motsepe said on Monday. "The whole Transnet issue is a very, very important one," Motsepe told the Arm annual results... 

Additional R5,5bn for Khumani iron-ore expansion - Assmang

By: Martin Creamer An additional R5,5-million has been approved for the completion of the expansion of the Khumani iron-ore mining project to a capacity to 16-million tons of iron-ore a year, Assmang said on Wednesday. Assmang, which is jointly controlled by the JSE-listed African Rainbow Minerals (Arm) and the... 

Assmang to retrench workers at Northern Cape manganese mine

By: Mariaan Webb South African manganese producer Assmang and trade unions will start a consultation process on retrenchments at the Black Rock mine, in the Northern Cape, where about 19% of the mine’s workers could be fired. Trade union Solidarity said on Thursday that it had received a Section 189 notice from... 

Assmang to make further production cuts – Steenkamp

By: Chanel de Bruyn South African manganese producer Assmang will make further output cuts at its operations, owing to reduced demand for steelmaking materials. Jan Steenkamp, CEO the ferrous division of African Rainbow Minerals (ARM), which owned a 50% stake in Assmang, said on Friday that it planned to continue... 

Ferrochrome sector likely to stabilise by third quarter - analyst

By: Christy van der Merwe South Africa’s ferrochrome industry – heralded for producing about three- quarters of the world’s supply of the anticorrosive alloy – hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present, only about 20% of South Africa’s smelting capacity is being... 

Yes, I think ferrochrome will definitely stabilise by third quarter – Cadiz’ Peter Major

By: Christy van der Merwe South Africa’s ferrochrome industry - heralded for producing about three quarters of the world’s supply of the anti-corrosive alloy- hit a slump in 2008, which spurred an unprecedented shutdown of operations in the country. At present, only about 20% of South Africa’s smelting capacity is being... 

Motsepe's Arm to spend R9bn, firm up African opportunities

By: Martin Creamer Cash-flush diversified mining company African Rainbow Minerals (Arm) would spend R9-billion in capital in the next three years, ARM executive chairperson Patrice Motsepe said on Monday. Although that was down on the R13-billion that the company was scheduled to spend to June 2011, it reflected... 

Manganese boosted Arm’s operating profit, fundamentals still strong

By: Christy van der Merwe Of the R6,68-billion profit from operations before exceptional items that diversified miner African Rainbow Minerals (Arm) made for the year ended June 2008, a whopping 49,1% of this was from manganese production, which contributed R2,63-billion to the total. This was up from a 19,3%... 

Pathologist challenges Assmang’s denial of manganism among its workers

By: Margie Inggs Assmang’s argument that its workers are suffering from Parkinson’s disease, and not manganism, was dealt a major blow at the fifth sitting of the Department of Labour inquiry when pathologist Dr Reg Perumal gave evidence after performing a postmortem on the brain of one of the workers... 

‘Assmang failed to react immediately to warning about Cato Ridge furnace’

By: Margie Inggs Assmang, the ferromanganese smelter in Cato Ridge, KwaZulu-Natal, where six workers were killed on February 24 and a further two injured, failed to react immediately to an urgent warning from Pyromet, a metallurgical specialist company commissioned to examine a problematic furnace, which exploded... 

Assmang hopes to restart more Cato Ridge furnaces this week

By: Mariaan Webb JSE-listed African Rainbow Minerals, the joint owner of Assmang, on Tuesday that four furnaces at its Cato Ridge plant, in KwaZulu-Natal, might be returned to full operation by the end of this week, while a fifth would be recommissioned by mid-May. The fifth furnace was on a planned shutdown,... 

Daily podcast - March 06, 2008

By: Shannon de Ryhove In today's podcast: Eskom intensifies research, development and innovation efforts, the ruling ANC slams as irresponsible Eskom's announcement that it will delay new projects requiring more than 100- kVA of power, and Rio Tinto says consolidation and operating on a larger scale... 

Blast-hit Assmang plant likely to only restart by month-end

By: Olivia Soraya Spadavecchia Assmang's ferromanganese smelters at its Cato Ridge works, which were closed ten days ago owing to a blast that killed six people, remained out of operation, African Rainbow Minerals ferrous CE Jan Steenkamp confirmed on Wednesday. He explained that a report, following an investigation... 

Govt stops blast-hit Assmang expansion

By: Matthew Hill The South African government has put a stop to the R1-billion Assmang expansion following the death of six employees, CE Jan Steenkamp confirmed on Thursday. Steenkamp told Mining Weekly Online that the expansion could, as a result, be pushed back by six months. The KwaZulu-Natal Department of... 

Assmang furnace explosion death toll climbs

By: Mariaan Webb African Rainbow Minerals (Arm) confirmed on Wednesday that a sixth person had died as a result of Sunday’s explosion at Assmang’s Cato Ridge plant, outside Durban. Earlier this week it reported that five workers had died and that four were seriously injured. The company, which... 

Assmang furnace out for up to six months after blast

By: Olivia Soraya Spadavecchia African Rainbow Minerals Ferrous CE Jan Steenkamp said on Tuesday that the furnace which had exploded at the company's Cato Ridge works on Sunday would be out of operation for the next five to six months. The rest of the ferromanganese plant, which had stopped running owing to the... 

Smelter explosion kills five as manganese poisoning probe restarts

By: Olivia Soraya Spadavecchia The inquiry into the cases of manganism at Assmang's ferromanganese smelter, the Cato Ridge works, in Durban, reconvened on Monday following a period of adjournment. The restart of the inquiry has coincided with an explosion at the smelter over the weekend that claimed the lives of five... 

Rail capacity squeeze may choke manganese-output growth

By: Matthew Hill JSE-listed diversified miner African Rainbow Minerals (Arm) reiterated concerns on Monday that South African manganese producers� growth could be constrained if State-owned rail provider Transnet Freight Rail (TFR), formerly Spoornet, could not match industry expansion. 

Assmang's emissions compliance to be scrutinised

By: Nelendhre Moodley Local manganese, iron ore and chrome producer Assmang's air quality permit at its Cato Ridge manganese works, situated north of Durban, KwaZulu-Natal is up for review, to determine whether the company is compliant with new legislation that will be enacted early next year.  

Workers compensated for manganese poisoning

By: Olivia Soraya Spadavecchia Manganism, or manganese poisoning, is one of the lesser-known certifiable diseases in the mining industry. Manganese is used in the production of ferrous and nonferrous alloys, and it is during the processing of the heavy metal that individuals exposed to excessive levels of the substance may... 

Employees compensated for manganese poisoning

By: Olivia Soraya Spadavecchia Manganism, or manganese poisoning, is one of the lesser-known certifiable diseases in the mining industry. Manganese is used in the production of ferrous and nonferrous alloys, and it is during the processing of the heavy metal that individuals exposed to excessive levels of the substance may... 

'New manganese capacity will threaten SA's viability as producer'

By: Matthew Hill JSE-listed diversified miner African Rainbow Minerals (Arm) on Tuesday urged companies planning to mine manganese in South Africa to work with existing producers to exploit extra capacity, and not build new mines, or the local industry would suffer. New manganese mines in the Northern Cape could... 

Khumani mine

The project will involve the development of a greenfields 8,4-million-ton-a-year iron-ore export mine on the Bruce, King, and Mokaning farms in the Northern Cape. A second-phase expansion to 16-million tons is already being considered. 

Khumani mine

The project will involve the development of a greenfields 8,4-million-ton-a-year iron-ore export mine on the Bruce, King, and Mokaning farms in the Northern Cape. A second-phase expansion to 16-million tons is already being considered. 

Transnet offers Northern Cape iron-ore project quicker export ramp-up

By: Martin Creamer State-owned transport enterprise Transnet is showing new verve in opting for proactivity in the case of the new Khumani iron-ore project in the Northern Cape. 

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