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Topic

Seventh platinum conference to be held in October

     25th August 2017 Platinum producer Anglo American Platinum mining head Frik Fourie is scheduled to present a keynote address on how to make the South African mining business globally attractive again at the South African Institute of Mining and Metallurgy (SAIMM’s) seventh International Platinum Conference –... 

Nersa calls for comment on special pricing deal to unlock ferrosilicon production 

By: Terence Creamer     4th July 2017 The National Energy Regulator of South Africa (Nersa) is calling for written comments on an application by Eskom to implement a two-year incentive pricing package that will enable the restart of ferrosilicon production in the Limpopo and Mpumalanga provinces. The regulator turned down an earlier... 

Major Transnet Freight Rail mineral mining, chrome maintenance shut

By: Martin Creamer     5th June 2017 Transnet Freight Rail will embark on a seven-day shutdown in the Mineral Mining & Chrome (MMC) area of operation from June 5 to 11. This year’s affected areas include Witbank, Nelspruit, Koedoespoort, Swaziland, Maputo, Empangeni and other lines tapping into Transnet Port Terminals and Transnet... 

Atlatsa revenue impacted by lower Q1 production

By: Megan van Wyngaardt     15th May 2017 Dual-listed Atlatsa Resources’ revenue decreased by 6.1% year-on-year to C$33.4-million for the three months ended March 31, owing to a 3.5% decrease in platinum group metals (PGM) ounces produced at its Bokoni mine, near Polokwane. Revenue was further impacted by a 1.5% decrease in the rand PGM... 

Atlatsa reports fatality at Bokoni mine

By: Creamer Media Reporter      13th December 2016 Dual-listed Atlatsa Resources on Tuesday reported a fatality at the Brakfontein shaft of its Bokoni mine, near Polokwane. The employee, a miner’s assistant, was fatally injured last week in what the company described as a water-related incident. 

Atlatsa still feeling platinum price pinch

By: Megan van Wyngaardt     14th November 2016 Dual-listed Atlatsa Resources on Monday posted a 14.6% drop in revenue, for the three months ended September, to $48.9-million quarter-on-quarter, owing to a 19.9% decrease in platinum group metals produced at its Bokoni mine, near Polokwane. The company also saw a slight narrowing of losses,... 

Arint South Africa  

     13th September 2016 Arint South Africa is a South Africa-based international professional engineering services company, originally established in 2002 in Lyon, France. Since then, Arint has expanded worldwide with its customers and their needs. The South Africa head office is now in Centurion, Gauteng, though the... 

Waterberg Coal Company continues financing talks

By: Megan van Wyngaardt     30th August 2016 The Waterberg Coal Company (WCC) is in ongoing discussions with an existing stakeholder to conclude a short-term bridging loan of up to A$1.8-million, until its recapitalisation is completed. Despite the coal market having suffered “serious degradation” in pricing over the last few years, the... 

Mary Bomela

By: Ilan Solomons     12th August 2016 This week we feature Mary Bomela, the CEO of the Mineworkers Investment Company, which has more than R10-billion under management to drive black economic empowerment 

Anglo dangles goody-two-shoes Grosvenor to lure coal buyers

By: Martin Creamer     12th May 2016 At most other times in the mining cycle, news of the sale of a goody-two-shoes metallurgical coal asset like Australia’s Grosvenor would have had buyers queuing up to buy. But disposal of even alluring resources in today’s uncertain and low-price environment needs to be accompanied by an enticing... 

Anglo amputating to improve survival chances – Investec

By: Martin Creamer     17th February 2016 The formerly widely diversified mining company Anglo American, which on Tuesday opted to jettison two-thirds of its minerals base by number, is engaging in widespread disposals to improve its chances of survival, Investec Securities commented on Wednesday. Driving Anglo’s “shrink-to-survive”... 

Platreef will be the largest PGMs mine in the world, promises Friedland

By: Kim Cloete     10th February 2016 Africa-focused explorer and project developer Ivanhoe Mines is confident that its Limpopo-based Platreef mine, which is expected to produce 12-million tonnes a year, will be the largest platinum group metals (PGMs) mine in the world “by a massive margin”. Addressing conference delegates at the... 

ASA Metals in Limpopo to retrench 750 workers

By: African News Agency      13th January 2016 Limpopo’s ASA Metals and Dilokong Chrome Mine is set to retrench 750 workers as part of restructuring plans, a move that has been slammed by a labour union. “The company is forced into [a] restructuring process which will cause significant reduction in its operation including the number of... 

Nersa gears up for national hearings into Eskom’s R22.8bn clawback claim

By: Terence Creamer     11th January 2016 The National Energy Regulator of South Africa (Nersa) will host public hearings between January 18 and February 5 on Eskom’s application to claw back R22.8-billion through the Regulatory Clearing Account (RCA) mechanism of the electricity tariff-setting methodology. The State-owned utility has... 

Process Pipe

     6th November 2015 With 46 years of expertise in the pipes field, wholesale carbon- and mild-steel pipes, fittings and flanges wholesaler Process Pipe has established a national footprint in South Africa, with branches in Sebenza, Johannesburg; Jacobs, Durban; and Bellville South and Montague Gardens, Cape Town.... 

Limpopo miners stage underground sit-in after dispute with management

By: African News Agency      26th October 2015 About 450 miners at ASA Metals mine in Dilokong chrome near Burgersfort were on Monday staging an underground sit-in after demanding the resignation of two senior mine managers. The National Union of Mineworkers said the protest was triggered by attempt by two managers to kill the union at the mine. 

Motor and gearbox company to commission power packs at cement quarry

By: Dylan Stewart     9th October 2015 Electric motor, mechanical and electrical motion-control products manufacturer Regal Beloit (CMG) is in the final stage of delivering and commissioning 29 power packs for a modular mobile plant at an industrial company’s cement quarry in Polokwane, Limpopo, says Regal Beloit gearbox specialist... 

A monument to SA’s first gold mining efforts

By: Jade Davenport     2nd October 2015 The Eersteling Gold Mine, the site of the first commercial gold mining activity in South Africa’s modern history, has, in many instances, been relegated to mere footnote status in our mining historiography. While this may hardly be surprising, given that those pioneering mining efforts were... 

Atlatsa not in position to file financial statements

By: Megan van Wyngaardt     25th September 2015 Dual-listed Atlatsa Resources is unsure whether it will be able to finalise its financial statements and related disclosure for the three and six months ended June 20. The company said in a statement on Friday that owing to the uncertainties surrounding its operations, financial condition and the... 

Mosebenzi Zwane is new Mineral Resources Minister 

By: Martin Creamer     23rd September 2015 Mosebenzi Zwane is South Africa’s new Mineral Resources Minister in a Cabinet reshuffle that saw Ngoako Ramatlhodi’s 16-month spell come to an abrupt end. Chamber of Mines of South Africa president Mike Teke and CEO Roger Baxter said in a statement on Wednesday that the chamber looked forward to... 

Ramatlhodi to replace Collins Chabane

By: News24Wire      23rd September 2015 Mineral Resources Minister Ngoako Ramatlhodi will replace the late Collins Chabane as public service and administration minister, President Jacob Zuma said on Tuesday. Chabane was killed in a car accident on the N1 outside Polokwane on March 15. 

Atlatsa shares rise as Bokoni restructure announced

By: Natasha Odendaal     16th September 2015 Shares in TSX- and JSE-listed Atlatsa Resources surged more than 20% on Wednesday after a new financial and operational restructuring plan was announced for Bokoni platinum mine, in Polokwane. The operation, a joint venture with Anglo American Platinum, issued a Section 189 notice to start... 

Still no financial filings from Atlatsa

By: Natasha Odendaal     11th September 2015 There are still no indications of when JSE- and TSX-listed Atlatsa Resources willould be able to file its interim financial results, after having missed the System for Electronic Document Analysis and Retrieval and Electronic Data Gathering, Analysis and Retrieval filings deadline a month ago. In... 

Atlatsa still uncertain of financial filings date

By: Natasha Odendaal     28th August 2015 JSE- and TSX-listed Atlatsa Resources remains uncertain as to when it will be able to file its interim financial results, after having missed the System for Electronic Document Analysis and Retrieval and Electronic Data Gathering, Analysis and Retrieval filings deadline two weeks ago. With... 

Afrox retains R70m Amplats contract

By: Megan van Wyngaardt     27th August 2015 South African welding and gas company Afrox has again been contracted to supply mining giant Anglo American Platinum (Amplats) with its compressed gases requirements for the next five years. The contract was valued at R70-million, with gas suppllied to all Amplats operations in Rustenburg and... 

Atlatsa misses financial filings deadline

By: Natasha Odendaal     14th August 2015 JSE- and TSX-listed Atlatsa Resources on Friday missed the deadline for publishing its interim financial results, as “significant doubt” remains over the platinum miner’s ability to continue as a going concern. The group said there were several uncertainties surrounding its operations, its... 

Mpumalanga natural wonders’ Scottish connection

By: Jade Davenport     17th July 2015 If you have ever driven along the majestic Panorama Route, on the edge of the Drakensberg Escarpment, in Mpumulanga, you will have noticed that the natural wonders that line the route bear the most curious of names. Indeed, tourist hot spots such as MacMac Falls, Bourkes Luck and Lisbon Falls... 

Ongoing Success For Worleyparsons’ Ed Programme

     8th July 2015 The ongoing success of WorleyParsons RSA’s industry-leading Enterprise Development programme reflects a real commitment to stimulate growth in the South African economy. Established in 2011, the programme is currently incubating 10 small businesses, most of which have enjoyed year-on-year growth... 

Atlatsa in talks with Amplats over Bokoni mine, financial support

By: Creamer Media Reporter      1st July 2015 Triple-listed platinum miner Atlatsa Resources on Wednesday said it was in talks with platinum major Anglo American Platinum (Amplats) regarding the future sustainability of the Bokoni mine, in Polokwane, as well as potential alternative financial support for the company. This followed after some... 

Amplats’ Rustenburg subsidiary to trim workforce

By: Natasha Odendaal     23rd June 2015 Platinum miner Anglo American Platinum’s (Amplats’) Rustenburg subsidiary plans to shed up to 420 jobs as it “redesigned” the organisational support structure and consolidated its operations to improve its financial sustainability. Rustenburg Platinum Mines (RPM), which on Tuesday issued Section... 

Bulk handlers up the ante in dense phase conveying

By: Dylan Stewart     29th May 2015 Bulk handling solutions provider Clyde Bergemann Power Group’s dense-phase pneumatic conveying system, installed at Unit 6 of national power utility Eskom’s Medupi power station, in Limpopo, is exceeding its contractual capacity since commissioning started in December, Clyde Bergemann executive... 

Bokoni mine operating again after protests

By: News24Wire      15th May 2015 Bokoni Platinum mine workers returned to work after three days of violent community protests which halted the operations at Atok in Sekhukhune, Limpopo. The protesters were demanding to meet with the mine management, government and members of Community Trust entrusted to guard community interests... 

Platinum junior to produce 400 000 oz by 2024

By: Ilan Solomons     22nd August 2014 As part of its long-term vision, triple-listed platinum junior Atlatsa Resources aims to achieve steady-state production of 400 000 oz/y platinum, palladium, rhodium and gold platinum-group metals (4E PGM) by 2024 at its Bokoni opencast and underground mine, in Limpopo, says Atlatsa Resources... 

State

By: Alida Odendaal     8th August 2014 Tender work arising from state contracts  

Pig iron project could boost company profile

By: Mia Breytenbach     25th July 2014 Once pig iron developer Ironveld’s Limpopo-based pig iron project starts production, which is expected in the second half of 2015, the company is likely to become South Africa’s first producer of high-purity iron (HPI), says Ironveld CEO Peter Cox. “Currently, no company is producing HPI and, as... 

State

By: Alida Odendaal     25th July 2014 Tender work arising from state contracts 

State

By: Alida Odendaal     27th June 2014 Tender work arising from state contracts 

Zuma calls for end to platinum strike

By: SANews, SA government news service     2nd May 2014 President Jacob Zuma says unions in the mining sector should use their rights responsibly and put the country first by protecting the economy and safeguarding jobs. Speaking at the May Day rally at the Peter Mokaba Stadium in Polokwane on Thursday, the President said unscrupulous bargaining... 

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