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Atlatsa incurs $292m loss

By: Martin Creamer     14th November 2017 Toronto- and Johannesburg-listed platinum-mining company Atlatsa, which has platinum assets on the northern and eastern limbs of the Bushveld Complex, incurred a net loss of $292.6-million in the nine months to September 30, when its liabilities exceeded its assets by $142.5-million. The main... 

Olebogeng Sentsho

By: Martin Creamer     10th November 2017 This week Mining Weekly features Olebogeng Sentsho, Head of Operations of Yeabo Mining, which provides strategic management of waste products on mining operations 

Amplats reports tame quarter, revises guidance downwards

By: Ilan Solomons     3rd November 2017 Platinum mining company Anglo American Platinum (Amplats) reported last week that total platinum production (expressed as metal in concentrate) for the three months ended September 30, was flat at 621 400 oz. The company noted that there were strong performances from its Mogalakwena, Unki and... 

Rustenburg picks up, Marula turns, fatalities sadden – Implats

By: Martin Creamer     31st October 2017 Improved efficiencies and production levels at the Impala Rustenburg mine coincided with a turnaround at the Marula mine in the three months to September 30, Impala Platinum Holdings (Implats) said on Tuesday, when it expressed disappointment at five fatalities at Impala Rustenburg and one at... 

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

KSB Pumps & Valves

     27th October 2017 East Rand-headquartered KSB Pumps & Valves is an original-equipment manufacturer of technologically advanced pumps, valves and related products for the water, sewerage, chemicals, petrochemicals, mining and building services sectors, among others. Since its establishment in 1959, the company has... 

Amplats reports flat Q3 production numbers, revises guidance downward

By: Ilan Solomons     24th October 2017 Platinum mining company Anglo American Platinum (Amplats) on Tuesday reported that total platinum production (expressed as metal in concentrate) for the three months ended September 30, was flat at 621 400 oz. The company noted that there were strong performances from its Mogalakwena, Unki and... 

Company explores tailings project, defines overall resource

By: Nadine James     20th October 2017 Rustenburg-based miner LANXESS Chrome Mining – owned by German speciality chemicals company LANXESS – is investigating the viability of a tailings retreatment project, in addition to defining the resource of its existing opencast licence and that of its recently acquired land, thereafter... 

Sibanye-Stillwater avoids closure of certain South African PGM business units

By: Anine Kilian     16th October 2017 The closure of Sibanye-Stillwater conventional business units has been averted. Sibanye-Stillwater previously indicated that between 200 000 oz/y and 300 000 oz/y of platinum, palladium, rhodium and gold, or 4E platinum group metals (PGMs), capacity could be cut, should some conventional shafts... 

RBPlat puts foot on capex accelerator at Styldrift

By: Martin Creamer     12th October 2017 The total capital expenditure (capex) of Royal Bafokeng Platinum (RBPlat) surged on increased mining and construction activities at the company’s Styldrift 1 project in line with ramp-up plans. The black-owned and controlled, mid-tier platinum group metals producer, which operates the Bafokeng... 

Conveyor belt manufacturer expands national footprint

By: Marleny Arnoldi     6th October 2017 Conveyor belt manufacturer and service provider ContiTech – a subsidiary of global technology company Continental – will open two new service branches in South Africa, adding to its national service footprint.  

Platinum mine’s train safety system near completion

By: Nadine James     29th September 2017 South Africa-based rail technology provider On Track Technology (OTT) is currently installing its Dynatrack train safety system at a South African platinum mine, in Rustenburg, where the seven-month R8.5-million project is in its final phase. The mine’s train fleet collects raw material at the... 

New brand to be showcased at event

     29th September 2017 Mining company Sibanye-Stillwater will be showcasing its newly launched brand as a mining industry partner sponsor at The Joburg Indaba, which will be held at the Inanda Club, in Sandton, from October 4 to 5.  

Rockfall kills two miners at Impala Platinum’s Rustenburg mine

By: News24Wire      20th September 2017 Two miners died when a rock fell on their heads while drilling in shaft 12 of Impala Platinum’s Rustenburg mine on Tuesday morning, the mine said. The two men, aged 31 and 34, died at the scene, Impala Platinum spokesperson Johan Theron told News24. 

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). 

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