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South Africa's Sibanye declares war on illegal gold miners

By: Reuters     21st April 2017 Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as well as networks run by organised crime. Now, with unmined output dwindling and proving more difficult to extract, one firm has... 

Sibanye wins four NSA awards

By: Anine Kilian     7th April 2017 Sibanye Gold won four awards at this year’s National Skills Authority (NSA) awards. The company won three gold awards for the Best Adult Education and Training programme, the Best Skills Programme and the Best University Placement programme categories, and a bronze award for the Best Artisan... 

Digitalised mining can allow for deeper mining

By: Marleny Arnoldi     7th April 2017 The University of the Witwatersrand (Wits), in Johannesburg, will test its latest developments in digitalised mining technology in underground mining conditions in the next two months at the Sterkfontein caves, a World Heritage Site in Muldersdrift, near Krugersdorp.  

Long-term improvements forecast for uranium market

By: Robyn Wilkinson     7th April 2017 Although the international uranium market has been facing tough operating conditions, new demand growth is expected later this year on the back of investment in new nuclear reactors in Russia, China and India, says data insights solutions provider GlobalData mining research director Alok Shukla. 

Facility set to boost skills, grow industry after slump

By: Victor Moolman     10th March 2017 Valve manufacturer AVK Southern Africa’s new R200-million training academy, in Alrode, Gauteng, will train 1 500 people by the end of the year. 

US body extends review of Stillwater acquisition; Sibanye provides update on reserves

By: Megan van Wyngaardt     3rd March 2017 JSE-listed Sibanye Gold has received written notification from the Committee on Foreign Investment in the United States (CFIUS) that it wishes to undertake further investigation of the company’s proposed R30-billion acquisition of US-based platinum group metals (PGMs) producer Stillwater Mining... 

On-The-Air (03/03/2017) 

By: Martin Creamer     3rd March 2017 Platinum has been badly hit by anti-diesel sentiment in the wake of the Volkswagen car emission scandal in the United States; South Africa’s Sibanye Gold went on a charm offensive in the United States this week to woo shareholder backing its big American acquisition; and the mining industry’s... 

Mining won’t be bullied into submission – Froneman 

By: Martin Creamer     7th February 2017 South Africa’s mining industry will not be bullied and beaten into submission and all stakeholders have a role to play to improve the South African situation, Chamber of Mines (CoM) VP and Sibanye Gold CEO Neal Froneman said on Tuesday. Speaking assertively at the Investing in African Mining... 

Amplats posts revised FY trading update, expects higher earnings

By: Natasha Odendaal     6th February 2017 Platinum miner Anglo American Platinum (Amplats) on Monday said it now expects its earnings for the year ended December 31, to be considerably higher than what it initially reported in November, despite additional impairments impacting on its basic earnings. Headline earnings for the 2016... 

South Africa says biggest gold miners are risking workers’ lives

By: Bloomberg     27th January 2017 South Africa has accused Sibanye Gold and AngloGold Ashanti, the country’s two biggest gold producers, of putting workers’ lives at risk in an ongoing dispute over safety stoppages. Public comments from both companies suggest that they are refusing to comply with the country’s mining laws, the... 

Platinum price upside limited despite stronger structural demand in coming years 

By: Henry Lazenby     20th January 2017 Analysts at Bank of America Merrill Lynch (BofAML) Global Research forecast little upside for platinum despite strengthening structural demand, saying South African producers are putting more ounces on the market at a time when discipline is required. In a ‘Global Metals Weekly’ report,... 

Mine safety a casualty of too many distractions, say unions as 2016 statistics show marginal improvement

By: Natasha Odendaal     19th January 2017 South Africa’s mining stakeholders need to “go back to the drawing board” and refocus efforts on bringing down the number of fatalities in the sector, trade union Solidarity's deputy general secretary for occupational health and safety and sustainable development Advocate Paul Mardon said, as a... 

Sibanye to acquire US platinum miner for R30bn

By: Martin Creamer     9th December 2016 Precious metals mining company Sibanye Gold has entered into a definitive agreement to acquire all of the outstanding common stock of Stillwater Mining Company of the US for R30-billion ($2.2-billion). The $18-a-share offer represents a premium of 23% to Stillwater’s prior day closing share... 

Indaba invaluable, time-efficient industry barometer – previous delegates

By: Nadine James     5th December 2016 Considered the preferred deal-making platform for mining in Africa, the Investing in African Mining Indaba – scheduled to run from February 6 to 9, in Cape Town – offers invaluable networking opportunities and informative discussions and presentations, contributing to the success of African... 

AngloGold free cash soaring

By: Martin Creamer     14th November 2016 The generation of free cash by gold mining company AngloGold Ashanti is soaring. Free cash flow of $161-million in the third quarter is 54% higher than the free cash flow generated in the six months to June 30. 

Patented mining technology to be released month-end

By: Aarifah Nosarka     28th October 2016 Local ultra-low-profile mining machinery and equipment supplier CMTI Consulting expects to release its patented MT100, MT1000 and automated brake tester technologies for mines by the end of this month. The technology, developed by CMTI Consulting, in Pretoria, comprises 70% local content and is... 

Sibanye's earnings skyrocketing 

By: Martin Creamer     27th October 2016 Precious-metals mining company Sibanye Gold has given notice of skyrocketing earnings. The company, headed by CEO Neal Froneman, told shareholders on Thursday that its 2016 headline earnings a share would be at least 330% higher and normalised earnings at least 200% higher than in 2015. 

Engendering trust among mining sector stakeholders essential for economic growth and employment

By: Martin Creamer     14th October 2016 Sibanye Gold CEO Neal Froneman delivered a bombshell speech at the Joburg Indaba, which would change the face of economic prospects on the African content with mining as the catalyst 

Select PPE

     7th October 2016 Established in 1998, Select PPE is a distributor of application-specific personal protective equipment for customers operating in the mining, manufacturing, agriculture, construction, petroleum, hospitality, medical, corporate and security sectors throughout Africa. Select PPE formulated a ‘PPE... 

Facilitating stakeholder engagement to drive industry growth

By: Aarifah Nosarka     23rd September 2016 Trying to address all the problems the African mining industry faces in two days is a challenge, says Joburg Indaba chairperson Bernard Swanepoel, but he believes that the annual Joburg Indaba mining conference has this “down to a fine art”. A major challenge, however, is ensuring the... 

Gold miners granted leave to appeal High Court ruling

By: Megan van Wyngaardt     21st September 2016 South African gold miners African Rainbow Minerals, Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold have been granted leave to appeal against all aspects of the class certification judgment delivered by the South Gauteng High Court in May. The six mining... 

Froneman says Zuma must quit

By: Bloomberg     20th September 2016 South African President Jacob Zuma “has to go,” with poor governance deterring prospective investors, according to the head of Sibanye Gold, the biggest producer of bullion in the country. “Any solid investor, any solid company is founded on good governance and what we have in South Africa at the... 

Mine land, water should be used for agriculture – Exxaro CEO 

By: Martin Creamer     14th September 2016 The vast tracts of land and abundant water supply held by mining companies around their mines should be used for community development through agriculture. “We sit on land, vast land. We sit on water resources, where because of new legislative requirements, we have to make sure that we put in... 

Client delivery focus helps to grow local ventilation business

By: David Oliveira     2nd September 2016 Local fans and ventilation firm MechCaL has registered accelerated growth in all areas of the business over the past two years, owing to the company’s vision of making client delivery a top priority in producing products for South African mining ventilation. During the two-year period, MechCaL... 

Supply beginning to tighten, safety dominating mining, top Electra Mining forums

By: Martin Creamer     2nd September 2016 Glencore beleive that tightening supply should bode well for commodity prices; safety trumps profits at Sibanye presentation; high-impact forums are on offer at this month's Electra Mining Africa show  

Resources Watch 

     1st September 2016 This week: Entrepreneurs pursuing gold dump projects, ‘pennyweight’ opportunities at depth And, safety dominates Sibanye results presentation as 125% profit surge takes back seat 

South Africa, mines fight over proposed community revenue share

By: Bloomberg     29th August 2016 South Africa’s biggest mining companies are opposed to a government proposal that 1% of their annual revenue be spent on developing communities associated with their operations and have countered with suggestions that they instead pay out a share of profit. The Chamber of Mines, which represents... 

Oriental Rubber Industries

     26th August 2016 Oriental Rubber Industries is a leading producer of an extensive range of rubber ply conveyor belts, including a large range of steel cord belts for the mining and industrial industries, in local and global markets. With an extensive research and development program, the company boasts various... 

Sibanye Gold declares R785m dividend

By: Martin Creamer     25th August 2016 Johannesburg- and New York-listed precious metals mining company Sibanye Gold on Thursday reported strong financial results for the six months ended June 30, driven mainly by a higher rand gold price and underpinned by solid production from both the gold and platinum divisions. Sibanye's... 

South Africa’s Mine Ventilation Game Changer

     18th August 2016 Local fans and ventilation firm MechCaL, has over the past 2 years, experienced accelerated growth in all areas of the business –all due to their vision of placing client delivery as a top priority and a passion for producing innovative products that are changing the face of South African mining... 

Beatrix social and labour plan delivers R6.2m investment

By: Sascha Solomons     29th July 2016 South African gold producer Sibanye Gold has funded, project managed and delivered a R6.2-million multipurpose hall to the Free State Department of Education (DoE), as part of its social and labour plan (SLP) agreements with the Department of Mineral Resources (DMR). Sibanye CEO Neal Froneman... 

Gold miners approach SCA for leave to appeal class action judgment

By: Megan van Wyngaardt     15th July 2016 South African gold miners African Rainbow Minerals, Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony and Sibanye Gold on Friday filed petitions to the Supreme Court of Appeal (SCA) for leave to appeal against the class action certification judgment delivered in the South... 

Mining companies file petition for leave to appeal

     15th July 2016 The six companies that are members of the Occupational Lung Disease Working Group today each filed petitions to the Supreme Court of Appeal for leave to appeal against the class action certification judgment delivered in the South Gauteng High Court on 13 May. The companies are African Rainbow... 

Gabon’s mining education move, Sibanye supporting education, new mining research thrust

By: Martin Creamer     15th July 2016 Strong support for mining education is under way as mining research and development gain new momentum locally. 

Sibanye in R6m Free State education boost

By: Martin Creamer     6th July 2016 As part of its Social and Labour Plan, precious metals mining company Sibanye Gold has handed over a state-of-the-art, multipurpose hall to the Free State Department of Education. The R6.2-million facility, which supports the department’s strategy of incentivising top performing schools, will... 

Govt committed to supporting young people’s participation in mining – DMR

By: Ilan Solomons     1st July 2016 The Department of Mineral Resources (DMR) is committed to supporting youth upliftment programmes aimed at improving young people’s knowledge about South Africa’s minerals and their development, DMR deputy director-general Joel Raphela told delegates at the 2016 Youth in Mining, Procurement and... 

Gold mining companies granted partial leave to appeal against certification judgment

By: Anine Kilian     24th June 2016 The South Gauteng High Court on Friday granted gold mining companies leave to appeal against a finding amending the common law in respect of general damages claims regarding the class certification judgment handed down by the court in May. It, however, refused leave to appeal on the certification... 

Sibanye suspends AMCU members at Kroondal

By: Anine Kilian     10th June 2016 Diversified miner Sibanye Gold has suspended six shop stewards who are members of the Association of Mineworkers and Construction (AMCU) at its Kroondal operations, pending internal disciplinary proceedings related to various charges including intimidation of employees. One of the six was the... 

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