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Cogeneration projects a viable option for mines

By: Khutso Maphatsoe     22nd February 2019 Having completed a cogeneration project with diversified miner Anglo American Platinum (Amplats), energy solutions provider Vuselela Energy director Jacques Malan says the company looks forward to working on similar projects for more mining companies. Cogeneration, in the context of the South... 

Implats announces revised interim HEPS, EPS figures

By: Simone Liedtke     18th February 2019 Following the release of a trading statement earlier this month, Impala Platinum (Implats) on Monday said that it “now has reasonable certainty” that its headline earnings and headline earnings per share (HEPS) for the six-month period ended December 31, 2018, are likely to be between... 

Rustenburg unemployed demand jobs at a mine

By: African News Agency      18th February 2019 Unemployed people at Ikemeleng in Kroondal near Rustenburg marched to the Kroondal Mine on Monday, demanding jobs. "We are here today to let the mine know that we as Ikemeleng community want what is ours and that is jobs and tenders. There is a tender that came out dealing with the dumping area... 

Updated Trading Statement For The Twelve Months Ended 31 December 2018

5th February 2019 Anglo American Platinum will release results for the twelve months ended 31 December 2018 (“the period”) on the Stock Exchange News Service (“SENS”) on 18 February 2019. Shareholders are referred to the Company’s trading statement released on SENS on 13 December 2018 in which the Company advised... 

Implats expects higher H1 output, earnings a share

By: Tasneem Bulbulia     4th February 2019 JSE-listed Impala Platinum (Implats) expects to report a 10% year-on-year increase in refined platinum production to 800 000 oz for the six months ended December 31, compared with the 727 000 oz produced in the six months ended December 31, 2017. The increase in refined platinum production is... 

AMCU threatens to extend strike at Sibanye-Stillwater's platinum mine

By: Reuters     22nd January 2019 Association of Mineworkers and Construction Union (AMCU) will extend a one-day strike at Sibanye-Stillwater's platinum mine if the firm does not return to the negotiating table, its president said on Tuesday. Joseph Mathunjwa made the remarks outside South Africa's Mineral Council in... 

AMCU reiterates readiness for secondary strike at Sibanye’s platinum operations

By: Tasneem Bulbulia     18th January 2019 The Association of Mineworkers and Construction Union (AMCU) has reiterated its plans to proceed with a secondary strike at Sibanye-Stillwater’s platinum operations from Tuesday. The strike will be in support of those AMCU members who have been on strike at the precious metals miner’s gold... 

Sibanye banks on US mines, high palladium price as South African strike spreads 

By: Marleny Arnoldi     15th January 2019 In response to the Association of Mineworkers and Construction Union’s (AMCU’s) secondary strike action announcement, Sibanye-Stillwater CEO Neal Froneman on Tuesday said the company had been preparing its local platinum operations for this outcome and had contingency plans in place. AMCU on... 

Amplats finalises R1.8bn Bafokeng Rasimone JV interest sale to RBPlat

By: Marleny Arnoldi     12th December 2018 Anglo American Platinum’s (Amplats’) subsidiary Rustenburg Platinum Mines (RPM) has completed the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (JV) to Royal Bafokeng Platinum (RBPlat) and Royal Bafokeng Resources (RBR). RBR took ownership of the operation on... 

Implats in talks with potential 1 Shaft buyers, as restructuring proceeds 

By: Simone Liedtke     31st October 2018 Platinum miner Impala Platinum (Implats) achieved the highest first-quarter mill tonnage at its Impala Rustenburg operations since the 2013 financial year, during the quarter ended September 30. Tonnes milled at Impala Rustenburg increased by 5.6% year-on-year to 3.15-million tonnes in the first... 

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... 

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... 

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. 

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... 

Mantashe calls for marketing of platinum

By: Martin Creamer     3rd October 2018 A platinum Mandela coin should be minted and marketed and platinum-catalysed fuel cells used to power off-grid areas, Mineral Resources Minister Gwede Mantashe said on Wednesday. In his opening speech to the well-attended Joburg Indaba, Mantashe, who is seven months into the job, said he had... 

2018 ‘challenging’ for South African mining companies – PwC

By: Marleny Arnoldi     2nd October 2018 The 12 months to June 30 proved to be a challenging year for South African mining companies, in contrast with the global mining industry, which achieved a considerable improvement in financial performance compared with the prior year. PwC on Tuesday released the tenth edition of its ‘SA Mine... 

Wesizwe proceeds with development despite interim losses

By: Marleny Arnoldi     28th September 2018 JSE-listed Wesizwe Platinum swung to a R14.9-million loss for the six months ended June 30, from a R19-million profit in the first half of the prior year. The basic loss a share for the period was 0.92c, compared with earnings a share of 1.17c in the prior comparable period.  

Investor confidence takes on new hue, South Africa needs to embrace it with vigour

By: Martin Creamer     21st September 2018 Investor confidence is no longer a stand-alone in the South African context, where it includes other key confidences. In delivering 51% higher headline earnings of R4 814-million in the 12 months to June 30 accompanied by a hefty R1.7-billion cumulative dividend payout, African Rainbow Minerals... 

Versatile spin filters extend machinery, equipment life

By: Nadine James     21st September 2018 A compressor exposed to abrasive dust, such as those used in mining environments, could become increasingly inefficient and fail internal damage caused by clogged and compromised intake filters, notes RTS Africa Engineering MD Ian Fraser. Additionally, opencast mine dust frequently enters... 

Resources Watch  

20th September 2018 Implats has strong new collaboration with governments of South Africa, Zimbabwe And, Afrox achieves double-digit HEPS growth amid subdued economic environment 

On-The-Air (14/09/2018) 

By: Martin Creamer     14th September 2018 South African mining companies are entering an exciting new era of close collaboration with the governments of South Africa and Zimbabwe; Gold mining, which was once the darling of the investor community, are now battling to raise even low levels of capital; and Australia is proving to the world... 

Strong new collaboration with governments of South Africa, Zimbabwe – Implats 

By: Martin Creamer     13th September 2018 Platinum mining company Impala Platinum (Implats), which is collaborating closely with the South African government to preserve jobs at the heavily lossmaking Impala Rustenburg operation, is also working in very close cooperation with the government of Zimbabwe, where it has secured major tax... 

Implats reports after-tax loss on impairments

By: Martin Creamer     13th September 2018 Platinum mining company Impala Platinum (Implats) on Thursday reported improved gross profit of R1.6-billion but an after-tax loss on impairments. Impairments of R13.6-billion, mainly due to the restructuring of Impala Rustenburg, resulted in an after-tax loss of R10.8-billion. 

Powermite

10th September 2018 Focused on supplying engineered solutions and products for the electrification of moveable machinery, including materials handling equipment, cranes and mining equipment, Powermite prides itself on its excellent customer service experience, superior collective technical knowledge and high-quality... 

Forward, forward and forward

4th September 2018 After a decade in operation the 100% black-owned mineral processing and dust extraction company, MIP Process Technologies (Pty) Ltd, continues to make its mark on the industry despite the challenges facing the mining and related industries. Year on year the company has improved its bottom line... 

Implats expects wider FY18 losses

By: Simone Liedtke     20th August 2018 Platinum producer Impala Platinum (Implats) expects its headline loss to widen by 18% to 36% year-on-year to between R1.1-billion and R1.3-billion for the financial year ended June 30. Its headline loss a share is also expected to widen to between 162c and 186c. 

Farlam unhappy with snail pace in implementation of his Marikana recommendations

By: African News Agency      16th August 2018 Retired judge Ian Farlam, who chaired the government-instituted judicial commission of inquiry into the August 2012 Marikana massacre – in which at least 44 people including protesting Lonmin mineworkers, police officers, and security officials were killed in Marikana, outside Rustenburg – on... 

Atlatsa narrows Q2 headline loss, restructure plan set for Q4 completion

By: Simone Liedtke     14th August 2018 JSE- and TSX-listed Atlatsa Resources’ headline basic and diluted loss a share narrowed to $0.04 in the second quarter, ended June 30, from $0.22 in the second quarter of 2017. The company on Tuesday said this movement was based on the loss attributable to the shareholders of the company of... 

Department of Mineral Resources entering the fray to stop mining companies from closing mines

By: Martin Creamer     10th August 2018 The new Department of Minerals Resources (DMR) is showing a strong tendency to resist companies that apply to shut mines or put mine shafts on care and maintenance. The DMR is advocating applying Section 52 of the Minerals and Petroleum Resources Development Act ahead of the labour-reducing... 

AMCU threatens strike action at Implats over planned job cuts

By: Anine Kilian     7th August 2018 The Association of Mineworkers and Construction Union (AMCU) has threatened industrial strike action at Impala Platinum (Implats) if talks with the company over its plans to cut 13 000 jobs and shut down five mines are not successful. Implats announced last week that it would cut its workforce by... 

Implats’ R2.7bn cut of 13 000 jobs, five shafts, 230 000 oz, evokes Minister’s rebuke 

By: Martin Creamer     2nd August 2018 The drastic R2.7-billion restructure of the Impala Rustenburg mine, involving the loss of 13 000 jobs, the closure of five shafts and cutting of 230 000 oz out of yearly platinum production, has evoked a strong rebuke from the Mineral Resources Minister Gwede Mantashe, who has accused Impala... 

Trade unions to respond to wage offer in the gold sector

By: African News Agency      25th July 2018 Trade unions are expected to formally respond to wage offer tabled by gold producers when the third round of negotiations resume on Wednesday in Boksburg east of Johannesburg. Gold producers tabled an opening offer of a three-year wage proposal ranging from 5.5% and 6.5% for underground... 

Perceptions mines are not doing enough for nearby communities fuelling protests

By: Nadine James     20th July 2018 In developed countries, community-based protest action (as opposed to industrial action) against mining companies is primarily related to environmental concerns. In South Africa, community-based protests against mining companies are rooted in socioeconomic issues, such as job creation, and... 

Perceptions mines are not doing enough for nearby communities fuelling protests

By: Nadine James     20th July 2018 In developed countries, community-based protest action (as opposed to industrial action) against mining companies is primarily related to environmental concerns. In South Africa, community-based protests against mining companies are rooted in socioeconomic issues, such as job creation, and... 

Highly anticipated Chicago Pneumatic generator give-away attracts visitors at Rustenburg MTE

19th July 2018 High-performance hand-held equipment specialist, Chicago Pneumatic, gave away the ninth CPPG5 generator at the Mining and Technical Exhibition (MTE) held in Rustenburg on 31 May 2018. According to Eben van der Vyver, the Business Development Manager for Chicago Pneumatic Construction Equipment in... 

Highly anticipated Chicago Pneumatic generator give-away attracts visitors at Rustenburg MTE

18th July 2018 High-performance hand-held equipment specialist, Chicago Pneumatic, gave away the ninth CPPG5 generator at the Mining and Technical Exhibition (MTE) held in Rustenburg on 31 May 2018. According to Eben van der Vyver, the Business Development Manager for Chicago Pneumatic Construction Equipment in... 

On-The-Air (06/07/2018) 

By: Martin Creamer     6th July 2018 Black-controlled mining company Exxaro has hit the high spots with the introduction of South Africa’s first ‘smart’ mine. A strongly black-empowered mining company is taking steps to raise money in London for its modern new phosphates operation in the Western Cape. The Bafokeng community is... 

Private security company allegedly opens fire on protesters, injuring eight in Marikana

By: News24Wire      26th June 2018 Eight people were shot and injured during a legal march, after a private security company fired rubber bullets at a group protesting outside Glencore mine in Marikana, North West on Tuesday morning. "While the march was busy, a private security firm fired shots at the protesters. One of the... 

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