R/€ = 14.61 Change: -0.04
R/$ = 12.48 Change: -0.03
Au 1295.20 $/oz Change: 2.40
Pt 906.00 $/oz Change: 2.49


Alex Fenn

By: Martin Creamer     24th March 2017 This week we feature Alex Fenn, the unit manager of safe technology and innovation at Sibanye, the precious metals mining company 

Supply beginning to tighten, safety dominating mining, top Electra Mining forums

By: Martin Creamer     2nd September 2016 Glencore beleive that tightening supply should bode well for commodity prices; safety trumps profits at Sibanye presentation; high-impact forums are on offer at this month's Electra Mining Africa show  

Safety dominates Sibanye results presentation as 125% profit surge takes back seat 

By: Martin Creamer     25th August 2016 Top performing precious-metals mining company Sibanye Gold, dismayed by an uncharacteristic spate of mineworker fatalities, began its presentation of high-cash results for the half-year with a safety moment as a mark of its determination to up its safety performance. The 125% surge in profits in... 

Sibanye reshuffles to bring platinum, energy into pack

By: Martin Creamer     18th April 2016 Gold-mining company Sibanye has revised its organisational structures in anticipation of imminent entry into platinum mining. As it becomes a multi-commodity business, Sibanye headed by CEO Neal Froneman will be restructured into separate, commodity specific divisions focused on operational... 

Business warns of power hike ‘vicious cycle’, amid weak demand outlook 

By: Terence Creamer     5th February 2016 Business warned on Friday that South Africa risked entering a “vicious cycle” of ever-increasing yearly electricity hikes, beyond those already approved, owing to the nature of the current tariff-setting formula, which allows Eskom to recover variances in revenue arising when power sales are... 

Mines chamber appeals for non-tariff Eskom funding as industry nears ‘tipping point’

By: Terence Creamer     23rd June 2015 The imposition of an additional power tariff increase would severely jeopardise the sustainability of the South African mining industry, the Chamber of Mines warned at hearings hosted by the National Energy Regulator of South Africa (Nersa) in Johannesburg on Tuesday. Eskom has applied for a... 

SA mining company develops regenerative locomotive

By: Dylan Stewart     27th March 2015 Gold miner Sibanye Gold is in the second phase of developing its own hybrid locomotive with regenerative braking functionality, Sibanye Gold senior VP of technical services Peter Turner tells Mining Weekly, further noting that the first phase of the development was completed last year. 

Sibanye Gold begins intensive search for appropriate mining technology 

By: Martin Creamer     6th August 2014 Gold-mining company Sibanye Gold has begun an intensive search for appropriate technology to make the work of mining safer, easier and more productive. The JSE- and NYSE-listed company has mandated highly experienced mining operational executive and mechanical engineer Peter Turner to drive what... 

New significant ironstone discoveries confirmed at Télimélé

By: Natalie Greve     12th April 2013 ASX-listed Nemex Resources has intersected new ironstone mineralisation, similar to that at the Boulere resource area, through reconnaissance drilling across large parts of its flagship Télimélé iron project, in west Guinea. The drilling results, which followed a successful concept study that... 

Study confirms Guinea project viability - Nemex

By: Esmarie Swanepoel     4th April 2013 A concept study by ASX-listed Nemex Resources on its Télimélé iron project, in Guinea, has confirmed the economic viability of the project. “We are delighted with the results of the concept study, that suggests that Nemex could develop a profitable iron-ore operation using existing... 

Business outlines economic, jobs risks of further power price shocks 

By: Terence Creamer     31st January 2013 The electricity price increases being sought by Eskom would cause serious economic damage at a time when South Africa’s immediate growth outlook was already weak and could bring a number of key foreign-exchange generating sectors to the brink of survival, business representatives warned the... 

Nemex declares maiden resource for Guinea iron project

By: Esmarie Swanepoel     10th January 2013 ASX-listed junior Nemex Resources has declared a maiden inferred resource of 258-million tons at its Telimele iron project, in Guinea. The maiden resource included some 16.8-million tons, at 55.1% iron of potential direct shopping ore (DSO), which Nemex said would require simple crushing and... 

Sibanye has potential to be great South African gold-mining story – Sello Moloko

By: Martin Creamer     4th December 2012 The new Sibanye Gold has huge potential as a company and its unbundling out of Gold Fields is positive for South Africa, says the company’s nonexecutive chairperson Sello Moloko. The two main gold assets of Sibanye Gold – which is to be listed in Johannesburg and New York separately of Gold... 

Gold Fields unbundles deep, narrow-reef gold mines into Sibanye

By: Martin Creamer     29th November 2012 Gold major Gold Fields is unbundling its deep narrow-vein Kloof Driefontein Complex (KDC) and Beatrix narrow-reef underground mines into a new all-South African gold-mining company Sibanye Gold, which will be listed on the JSE and NYSE in February. Neal Froneman, who is to quit as CEO of Gold... 

Gold Fields gets interdict against illegal KDC West strike

By: Megan van Wyngaardt     10th September 2012 South African miner Gold Fields has received an interdict from the Labour Court against the illegal strike by about 400 employees at the West section of its KDC mine, which had prevented some 14 000 workers from reporting for duty on Sunday night. Spokesperson Sven Lunsche told Mining Weekly... 

Strike continues at Gold Fields KDC East mine

By: Megan van Wyngaardt     3rd September 2012 JSE-listed Gold Fields CEO Nick Holland has called for bold leadership from all stakeholders as the illegal strike at its KDC East mine continued on Monday. The 12 000-strong strike, which started with the night shift on August 29, had so far cost Gold Fields three night shifts and two-day... 

Illegal strike hits Gold Fields KDC mine

By: Megan van Wyngaardt     31st August 2012 About 12 000 employees of the East section of the KDC on South Africa’s West Rand have downed tools in an “unlawful and unprotected strike”, JSE-listed mining group Gold Fields said on Friday. To date, two night shifts and two-day shifts had been lost. Gold Fields South Africa executive VP... 

Gold Fields mine remains closed after deadly fire 

By: Megan van Wyngaardt     2nd July 2012 The fire that killed five workers at South African miner Gold Fields’ KDC West mine, near Merafong, has been contained, but continued to burn on Monday afternoon, spokesperson Sharda Naidoo said. The deadly fire broke out at 4 Shaft (Ya-Rona) on Saturday night. 

Five die in Gold Fields KDC West mine fire 

By: Esmarie Swanepoel     2nd July 2012 Five people have been killed at South African miner Gold Fields' KDC West mine, near Merafong, when a fire broke out at the mine on Saturday night. The miner said in a statement that a further 14 people had been admitted to hospital for observation. Three of these employees have already been... 

Company Announcement: Gold Fields Funds new Clinic on The West Rand

18th June 2012 Gold Fields Limited is pleased to announce that it has completed the construction of a healthcare facility that will operate as a public private partnership between its KDC East mine, the Westonaria Municipality and the Gauteng Department of Health 

Gold major’s mechanisation strategy set to ‘engineer out the risk’ at South African operations

By: Natalie Greve     20th April 2012 A key strategy of South Africa-based miner Gold Fields going forward will be the de-risking of mining operations through a comprehensive mechanisation approach at local operations that aims to dramatically shrink the number of workers operating in high-risk underground zones. 


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