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Harmony, Amplats report fatalities

By: Marleny Arnoldi     19th October 2018 Precious metals miners Harmony Gold and Anglo American Platinum (Amplats) both reported fatalities on Friday. A Harmony employee died after falling from a height, while working in the shaft bottom at the Kusasalethu mine, near Carletonville.  

Amid falling platinum prices, PGM miners upping chrome ore production to improve profitability 

By: Nadine James     19th October 2018 Some platinum group metals (PGM) producers have become large producers of chrome ore to improve their profitability, says Kagiso Asset Management investment analyst Mandi Dungwa. South Africa is the world’s largest chrome producer, delivering more than half of the global ore supply in 2017, with... 

Busy year for exploration in Africa

19th October 2018 Exploration in gold has been the main driver of its busy work schedule in Africa this year, while precious gems have also seen strong demand, says engineering consulting firm SRK Exploration Services (SRK ES) senior exploration geologist Oliver Bayley. “We have worked on 25 African exploration... 

Terence Goodlace

By: Martin Creamer     19th October 2018 This week Mining Weekly features Terence Goodlace, the nonexecutive director of Gold Fields, Kumba Iron Ore and AfriTin, and the former CEO of Impala Platinum 

Amid falling platinum prices, PGM miners upping chrome ore production to improve profitability

By: Nadine James     19th October 2018 Some platinum group metals (PGM) producers have become large producers of chrome ore to improve their profitability, says Kagiso Asset Management investment analyst Mandi Dungwa. South Africa is the world’s largest chrome producer, delivering more than half of the global ore supply in 2017, with... 

August mining production down 9.1% y/y

By: Creamer Media Reporter      18th October 2018 South Africa’s mining production decreased by 9.1% year-on-year in August, Statistics South Africa reported on Thursday. The decrease was driven by lower output in the iron-ore, gold and platinum group metals (PGMs) sectors. 

Organisations raise objections to the draft IRP

By: Kim Cloete     17th October 2018 Industry bodies and organisations have welcomed aspects of the draft Integrated Resource Plan 2018 but have also raised concerns during public hearings held in Parliament on Wednesday. They are hoping that their suggestions will be included in a final plan for South Africa’s energy future. 

Jubilee reports solid Q3 performance, growing demand

By: Simone Liedtke     17th October 2018 AltX- and Aim-listed Jubilee Metals has seen a growing demand from both small and global mining companies wanting to work with Jubilee to access the metals available in mine waste, CEO Leon Coetzer said on Wednesday. This statement comes amid the diversified metals recovery company having... 

Anglo American Platinum brings two Kom-Vision equipped vehicles into production at Mogalakwena Complex

17th October 2018 Technology will boost safety at operations and integrated systems that will deliver significant operational improvements Anglo American Platinum recently bought two Kom-Vision-equipped Komatsu 930E earthmoving vehicles into production at the Mogalakwena Complex. The Kom-Vision technology is a... 

Amplats sets new benchmark with two Kom-Vision equipped vehicles at Mogalakwena complex 

By: Simone Liedtke     17th October 2018 Platinum mining major Anglo American Platinum (Amplats) has acquired two Kom-Vision-equipped Komatsu 930E earthmoving vehicles that have entered into production at the Mogalakwena Complex, setting a new benchmark for the miner. Amplats’ safety strategy is based on four pillars, namely systems,... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     17th October 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Sibanye, Lonmin merger hearing postponed to November 

By: Creamer Media Reporter      17th October 2018 The Competition Tribunal's hearing into the proposed merger between precious metals miner Sibanye-Stillwater and platinum miner Lonmin has been postponed to November, the tribunal reported on Wednesday. The hearing was meant to start on October 18 but has been "postponed in agreement with all... 

Court to hear MFSA’s application against DMR 

By: Marleny Arnoldi     16th October 2018 The Mining Forum of South Africa (MFSA) says the Mafikeng High Court will, on October 26, hold a hearing into an application lodged by the MFSA against the Mineral Resources Minister over allegations that platinum miner Lonmin is not complying with its social and labour plans (SLPs). The... 

URU Metals completes geophysics survey at Zebediela project

By: Simone Liedtke     16th October 2018 The ground-based geophysics survey over a portion of Aim-listed exploration and development group URU Metals’ Zebediela nickel/sulphide project, in Limpopo, has been completed. The purpose of the programme was to assist with the accurate placement of further planned exploration drill holes and to... 

On-The-Air (12/10/2018) 

By: Martin Creamer     12th October 2018 The Mining Indaba this week pledged to give South Africa more access than ever to global investors who will be attending the upcoming international event. The government was this week urged to go all out to pull the struggling South African mining industry out of its unnecessary slump. South... 

Junior miner reports progress at its South African nickel/copper/platinum group project

By: Rebecca Campbell     12th October 2018 Early this month, London AIM-listed exploration and development group URU Metals released its final results for the 2017/2018 financial year (which ended on March 31 this year). During that year the company’s activities were focused on the exploration and development of its mineral properties in... 

MSA Africa launches new Workman® tripods for confined-space entry

10th October 2018 A leading manufacturer of high-quality safety solutions for hazardous environments such as mining, MSA Africa used Electra Mining Africa 2018 to display some of its latest products. These included the Workman® range of tripods, which are used specifically to facilitate confined-space entry via... 

DMR accepts Waterberg mining right application – PTM

By: Marleny Arnoldi     10th October 2018 The Department of Mineral Resources (DMR) has accepted TSX- and NYSE-listed Platinum Group Metals’ (PTM’s) mining right application for the large-scale Waterberg platinum group metals (PGMs) project. The application comprises a mining work programme, social and labour plan, and associated... 

Commission recommends tribunal approve RPM buyout of Mototolo

By: Marleny Arnoldi     10th October 2018 The Competition Commission has recommended to the Competition Tribunal that it approve Rustenburg Platinum Mines’ (RPM’s) acquisition of the Mototolo Joint Venture (Mototolo JV) and the movable assets of the Mototolo chrome recovery circuit. The commission found that the proposed transaction... 

Dollar shortage 'short-term problem' for miners in Zimbabwe – Minister

By: Reuters     10th October 2018 A dollar shortage that has sparked outrage from mining companies operating in Zimbabwe is a "short-term problem" that will be remedied by a stronger economy, the mines minister told Reuters. Zimbabwe is suffering acute shortages of US dollars, deterring foreign capital from helping the ailing... 

Platreef Shaft 1 intersects Flatreef deposit at 780 m below surface

By: Creamer Media Reporter      10th October 2018 Shaft 1 at Ivanplats’ Platreef project has reached the top of the high-grade Flatreef deposit at 780.2 m below surface. This is the first time that the Platreef – a strongly mineralised, polymetallic belt that extends northward from the town of Mokopane for more than 30 km – has been intercepted... 

The real cash cow in mining isn't metals. It's bad old coal

By: Bloomberg     10th October 2018 For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal. Base metals from copper to zinc have tumbled this year, caught up as a proxy for trade fears and emerging market jitters. Meanwhile, coal has ground steadily... 

Tribunal to consider Sibanye, Lonmin merger at Oct 18 hearing

By: Tasneem Bulbulia     9th October 2018 The Competition Tribunal will hold hearings into the proposed merger between Sibanye-Stillwater and Lonmin on October 18 and 19. Precious metals miner Sibanye in December made an all-share offer to acquire platinum group metals producer Lonmin, with the offer valuing Lonmin at about R5.15-billion. 

Gold nudges up on risk aversion amid China worries

By: Reuters     9th October 2018 Gold prices edged higher on Tuesday as risk appetite fell, with Asian stocks slipping to 17-month lows amid concerns over a potential slowdown in China's economic growth. Spot gold was up 0.2% at $1 189.58/oz at 07:15 GMT. On Monday, it fell 1.2%, its biggest one-day percentage fall since August... 

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Mitak's capacity, technology and local manufacture underpins the quality of its high chrome white iron mill liners

8th October 2018 The Johannesburg-based company Mitak, which exhibited for the first time at this year’s Electra Mining 2018, ranks among the world's majors in terms of high chrome white iron (HCWI) foundries. Since its founding in 1973, the company has developed and capitalised on its extensive experience in... 

Tharisa on track to meet 2020 targets after record FY18 production

By: Marleny Arnoldi     8th October 2018 The financial year ended September 30 bode well for JSE- and LSE-listed platinum group metals (PGMs) and chrome miner Tharisa Minerals, with record production from its Tharisa mine, in South Africa’s Bushveld Complex, record high recovery rates and a best-in-class safety accolade. “The... 

MCSA hopes Mandela Platinum Coin will rival Krugerrand

By: News24Wire      5th October 2018 CEO of the Minerals Council South Africa, Roger Baxter, was upbeat following the first day of the Jobs Summit, saying the industry has a proposal to improve platinum demand, a potential growth area. The sector has been in talks with government to develop a Mandela Platinum Rand in honour of the... 

South Africa researching hydrogen storage for platinum-using fuel cells

By: Martin Creamer     5th October 2018 South Africa’s Council for Scientific and Industrial Research (CSIR) is researching innovative hydrogen storage technologies that have the potential to be key enablers of platinum-catalysed fuel cells, which generate clean electricity using hydrogen as a fuel and platinum as a catalyst. The... 

On-The-Air (05/10/2018) 

By: Martin Creamer     5th October 2018 Minerals Minister Gwede Mantashe this week made a strong call for price-hit platinum to be vigorously marketed; Desperately needed mineral exploration has received a major boost by being freed from regulatory red tape; and China is so impressed with South Africa’s mining investment codes that it... 

Platinum, gold CEOs say it’s time to bring curtain down on SA’s deep level mining

5th October 2018 By Brendan Ryan – Miningmx The era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close with no more deep-level shafts likely to be sunk. 

BC market regulator settles with Nickel One president

By: Creamer Media Reporter      5th October 2018 The British Columbia Securities Commission (BCSC) has reached a settlement agreement with the president of a junior mineral exploration company that filed a deficient technical report. Carl Vance Loeber is the president and a director of Nickel One Resources, a junior mineral exploration company... 

Metso Megaliner improves safety, reduces downtime

By: Donald Makhafola     5th October 2018 Global industrial equipment and services offering company Metso has proven that its Megaliner mill lining system can result in a drastic reduction in downtime and improved safety in mining operations. The Megaliner was developed by Metso in 2012, and expanded in 2013 to include a liner... 

Conveyor fire prevention system rolling out

By: Halima Frost     5th October 2018 Fire protection systems provider Advanced Automated Systems (AAS) is focusing on improving the fire prevention system of conveyors as opposed to most fire-prevention companies that try to prevent the spreading of fires already active on conveyor systems. AAS has, therefore, finalised the initial... 

Costs, limited markets hampering progress towards hydrogen economy

By: Schalk Burger     5th October 2018 The use of platinum group metals- (PGMs-) based fuel cells in electricity and mobility applications is expected to provide ample commercial opportunities for South Africa, in line with worldwide trends to decarbonise electricity generation and transport. However, the high cost of these... 

Nepean Conveyors

5th October 2018 Nepean Conveyors is a privately owned company specialising in the design, in-house manufacture, installation and servicing of overland, underground and surface belt conveyor systems and bulk materials handling projects. As part of the Australian-based Nepean group, the company has forged a solid... 

Greater beneficiation in South Africa not feasible yet

By: Marleny Arnoldi     4th October 2018 Public Investment Corporation mining, beneficiation and energy sector specialist Heidi Sternberg says it is widely believed that South Africa should be beneficiating, since it has much of the world’s gold and platinum resources. “It is a key node for job creation; however, beneficiation requires... 

International investment in South Africa’s mining industry lagging  

By: Marleny Arnoldi     4th October 2018 Although international mining funds are choosing to invest in other jurisdictions, rather than in South Africa’s mining sector, there is still hope for the local mining sector, Anglo American nonexecutive director and Joburg Indaba international investment panel chair Jim Rutherford said on... 

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