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2 500 jobs at risk at lossmaking Impala Rustenburg

By: Martin Creamer     18th September 2017 South Africa’s second-largest platinum mining company has initiated a process that may lead to 2 500 staff reductions at its lossmaking Impala Rustenburg operation, where financial sustainability has deteriorated significantly in recent years.  The Johannesburg Stock Exchange-listed Impala... 

Peristaltic pumps operating at Zambian mines

By: Simone Liedtke     15th September 2017 Randburg-based industrial equipment supplier Verder Pumps’ Verderflex (VF) 125 peristaltic pump is in operation at mining company Kansanshi Mining’s Zambia-based Kansanshi copper mine and is undergoing testing at two other Zambian mines, as well as mines in the Democratic Republic of Congo.... 

Lossmaking operations will not be supported – Implats

By: Martin Creamer     14th September 2017 South Africa’s second-biggest platinum mining company Impala Platinum (Implats) said on Thursday that it would no longer be supportive of lossmaking operations and was taking strong steps to bring about a cash neutral position at its major productivity-hit Impala Rustenburg platinum mine and... 

Implats reports headline loss, sees low prices as ‘new normal’

By: Martin Creamer     14th September 2017 Platinum mining company Implats, which reported an impairment-impacted 137 cents per share headline loss in the 12 months to June 30, sees the lower-for-even-longer metal price environment as 'the new normal'. In presenting results for its financial year to June 30, the JSE-listed company... 

Proper process control components increase processing efficiency

By: Marleny Arnoldi     8th September 2017 With technology and equipment used for mineral processing well established and generally highly automated, slurry control valves manufacturer eDART is focused on the efficient use of energy and the improved reliability of components.  

Amplats worker dies after chemical incident at refinery

By: African News Agency      7th September 2017 An Anglo American Platinum (Amplats) employee has died from his injuries after suffering chemical burns in an accident at the company’s Precious Metals Refinery (PMR) in Rustenburg. Amplats said the incident occurred on August 21 but the employee succumbed to his injuries on Tuesday this week. 

Royal Bafokeng Platinum in $74m Maseve deal

By: Martin Creamer     6th September 2017 Black-controlled platinum mining company Royal Bafokeng Platinum (RBPlat) has entered into a $74-million term sheet transaction with Platinum Group Metals (PTM) to acquire the concentrator plant and surface assets of the Maseve mine, including power and water. Both companies on Wednesday... 

Platinum company advancing women

By: Nica Schreuder     25th August 2017 Platinum mining and marketing company Impala Platinum’s (Implats’) programmes and initiatives to advance women in mining have received good participation, with the company reporting that women comprise 11% of its workforce. Implats, which has five main operations in South Africa’s Bushveld... 

Producing hydromining technology for greater productivity

By: Simone Liedtke     18th August 2017 Mining services provider Fraser Alexander is developing two technologies – a jet-pump system and an automated hydraulic re-mining unit – for the efficient reclamation of gold or platinum tailings through hydro mining. 

Lonmin unveils design proposal for Marikana memorial park; showcases new apartments

By: Anine Kilian     15th August 2017 Platinum producer Lonmin on Tuesday unveiled its proposed design for a Marikana memorial park and announced the occupation of its infill apartments a day before the fifth anniversary of the Marikana massacre.  Thirty-four miners died and at least 70 were injured on August 16, 2012, when police... 

LANXESS

     4th August 2017 Mining is an important contributor to the South African economy and the Department of Mineral Resources (DMR) has come up with initiatives that actively support and promote women’s participation in the mining industry, says specialty chemicals company LANXESS, a member of volunteer nonprofit... 

Marikana lawyers, government mull compensation

By: African News Agency      1st August 2017 Discussions to compensate Marikana mineworkers are continuing with the State, their lawyer said on Monday. “We are busy in discussions with the State in relation to quantifying our claims. The State has conceded that they are going to make [the] payments, all we need to do is to differentiate the... 

Moratorium aside, Zwane approves Lonmin’s bid to acquire Anglo’s Pandora stake

By: Samantha Herbst     26th July 2017 Mineral Resources Minister Mosebenzi Zwane has given platinum major Lonmin the go-ahead to acquire Anglo American Platinum’s 42.5% stake in the Pandora platinum joint venture (JV) operation, which saves the 3 000 jobs that would have been lost had the operation been placed under care and... 

Amplats strengthens balance sheet, continues to manage for low prices

By: Martin Creamer     24th July 2017 Platinum mining company Anglo American Platinum (Amplats) reported on Monday that it has been able to further strengthen its balance sheet in the six months to June 30, despite the weaker rand basket prices in the period. In generating R4.3-billion in underlying operating cash flow, Amplats was... 

Diamond output leap helps Anglo

By: Martin Creamer     20th July 2017 A sharp rise in rough diamond production at a time of stable diamond trading conditions has boosted diversified mining company Anglo American in the three months to June 30, when overall production was 8% up on a copper-equivalent basis. Rough diamond production increased by 36% to 8.7 million... 

Vavi urges Rustenburg mineworkers to join Numsa

By: African News Agency      10th July 2017 South African Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi on Sunday urged mineworkers in Rustenburg to join the National Union of Metalworkers of South Africa (Numsa). “Workers resigning from [the] National Union of Mineworkers [Num] and Association of Mineworkers and... 

PTM closes $20m private placement

By: Megan van Wyngaardt     3rd July 2017 Dual-listed Platinum Group Metals on Monday closed the private placement of $20-million aggregate principal amount of convertible senior subordinated notes, due 2022. The company will use the proceeds for working capital at its flagship Maseve mine, near Rustenburg; for work on the definitive... 

PTM seeks to raise $20m in working capital

By: Megan van Wyngaardt     28th June 2017 Dual-listed Platinum Group Metals (PTM) has entered into purchase agreements with institutional investors to issue and sell $20-million aggregate principal amount of convertible senior subordinated notes due 2022. PTM will use the proceeds for working capital at its flagship Maseve mine, near... 

Rustenburg community members march to CoM, DMR offices

By: Anine Kilian     6th June 2017 About 1 500 members of the Rustenburg community are marching to the Chamber of Mines’ (CoM's) offices, in Johannesburg, on Tuesday to hand over a memorandum of demands. “We are marching as a community to say that the mines in the platinum belt are not delivering what they have promised in terms... 

Waste management body discusses mine residue stockpiles

By: David Oliveira     2nd June 2017 The Institute of Waste Management of Southern Africa (IWMSA) convened in Rustenburg, in the North West, last month to discuss a risk- based approach to planning and management of residue stockpiles and deposits at mines. The workshop also provided participants the opportunity to gain a better... 

Resources Watch  

     25th May 2017 Implats trial of safety packed drill rig imminent; KZN coal mine supplying communities’ water needs and mulls output expansion; And, Golden Arrow, Silver Standard JV ‘a match made in heaven’ as explorer turns producer 

Implats trial of safety packed drill rig imminent 

By: Simone Liedtke     19th May 2017 The Safe Quality Stoping (SQS) face advance drill rig from Brits-based mining machinery manufacturer GST Drilling will be trialled at platinum miner Impala Platinum’s (Implats’) E&F operation, in Rustenburg, South Africa, in the next few weeks. “This trial represents the modernisation of mining... 

Krugersdorp plant converts furnaces to produce ferrochrome

     19th May 2017 As a result of the upward trend in ferrochrome prices, Krugersdorp-based processing plant Mogale Alloys – owned and operated by global vertically-integrated producer of speciality alloys Afarak Group’s African subsidiary, Afarak Mogale, has converted two of its four furnaces to facilitate... 

Strong stance on employee safety required – miner

     19th May 2017 South Africa’s diverse wealth of minerals and a well-regulated mining industry mean mines employ hundreds of thousands of mineworkers from all over Africa, states miner, refiner and marketer of platinum-group metals Impala Platinum (Implats). 

Drill the SmartROC way

     12th May 2017 Atlas Copco’s automated SmartROC Down-The-Hole and Top Hammer drill rigs have transformed the drilling procedure. Equipped with smart technology, these rigs help to drive down operational and maintenance costs, drive up efficiencies, increase safety and reduce carbon footprints for sustainable... 

On-The-Air (12/05/2017) 

By: Martin Creamer     12th May 2017 SA’s biggest gold-mining company is proving that deep can be cheap at its Mponeng mine on the Far West Rand; Palladium is overtaking platinum as the metal of choice to clean the air over the world’s biggest cities; and the Lonmin mine in Rustenburg is being coerced into creating 1 500 additional... 

Drilling specialist to receive training accreditation

By: Marleny Arnoldi     5th May 2017 Mining industry drilling services provider Rosond is in the process of becoming an accredited Manufacturing, Engineering and Related Services Sector Education and Training Authority (Merseta) training provider.  

Miner ensuring skills base development on platinum belt

By: Marleny Arnoldi     5th May 2017 With the workforce on South Africa’s platinum belt ageing and the attraction of high-calibre candidates for employment being a challenge, platinum miner Wesizwe Platinum plans to boost its training initiatives and start construction of an accredited training facility by the end of the year.  

Sibanye reports pleasing platinum production for March quarter

By: Megan van Wyngaardt     4th May 2017 Dual-listed Sibanye’s platinum division delivered pleasing results during the quarter ended March 31, producing 286 716 oz of platinum-group metals at an operating cost of R11 128/oz. This resulted in operating profit of R243-million, excluding the equity accounted attributable operating profit... 

Positive prices buoying ferrochrome business – Merafe

By: Martin Creamer     3rd May 2017 Ferrochrome prices for the first half of 2017 are providing ongoing momentum for the ferrochrome business, which is poised to benefit from this year’s stainless steel production growth rate forecast of 3.5%. The demand for ferrochrome is driven overwhelmingly by the production of stainless steel,... 

Positive prices buoying ferrochrome business – Merafe

By: Martin Creamer     28th April 2017 Ferrochrome prices for the first half of 2017 are providing ongoing momentum for the ferrochrome business, which is poised to benefit from this year’s stainless steel production growth rate forecast of 3.5%. The demand for ferrochrome is driven overwhelmingly by the production of stainless steel,... 

Job losses loom at troubled Marula – Implats

By: Martin Creamer     26th April 2017 Despite ongoing engagement between all stakeholders to restore operational continuity and secure the financial sustainability of the Marula platinum operation, continued community protest action and persistently low metal prices have now necessitated a fundamental restructuring of the business to... 

Now US shareholders give nod to Sibanye deal

By: Martin Creamer     26th April 2017 The requisite majority of Stillwater shareholders in the US have approved the acquisition by Sibanye of the entire issued share capital of Stillwater Mining Company. The voting took place a day after Sibanye shareholders gave their overwhelming approval to the transaction that is expected to... 

Amplats’ Q1 output up 1% y/y

By: Anine Kilian     24th April 2017 A strong performance by its Mogalakwena mine has contributed to a 1% year-on-year increase in JSE-listed Anglo American Platinum’s (Amplats’) production to 571 900 oz for the quarter ended March 31. Mogalakwena’s output rose 3% year-on-year to 111 900 oz, with strong plant recoveries and... 

Merafe’s Q1 ferrochrome production up 10%

By: Martin Creamer     11th April 2017 The attributable production of ferrochrome company, Merafe Resources, increased by 10% in the first quarter of this year. Attributable production was 113 000 t, up from last year’s first quarter output of 103 000 t. 

Amplats unveils social and labour plan projects

By: Ilan Solomons     31st March 2017 Platinum miner Anglo American Platinum (Amplats) hosted Deputy Mineral Resources Minister Godfrey Oliphant at the official handover ceremony of a number of the company’s social and labour plan (SLP) projects in Rustenburg, in the North West, earlier this month. The projects included the official... 

Strong outlook for recovering ferrochrome industry – Merafe

By: Martin Creamer     31st March 2017 Ferrochrome and chrome ore prices recovered from rock bottom in the first quarter of last year to levels twice and four times higher in 2017, a year in which a shortage of electricity supply has ceased to be a constraining factor, ferrochrome company Merafe reports. Despite market volatility in... 

Wesizwe to report higher earnings for FY16

By: Megan van Wyngaardt     27th March 2017 Platinum miner Wesizwe Platinum, which is developing the Bakubung mine, near Rustenburg, expects to post improved results for the financial year to December 31, with basic earnings a share forecast to increase by 144% to 164%, to between 15.17c and 22.01c. This compares with the basic loss a... 

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