Global Mining News in real time

Mining-induced earthquake research in final stages

By: Bruce Montiea Research institutions, led by the Council for Scientific and Industrial Research (CSIR) and Japan’s Ritsumeikan University, are in the final stages of a research project aimed at gaining a better understanding of mining-induced earthquakes.  Once the study is completed, it will assist the mining... 

South African mining industry committed to mechanisation

By: Bruce Montiea The South African mining industry is committed to mechanisation in its deep-level mining operations, with major gold and platinum producers having announced their intent to modernise their operations, says Centre for Mechanised Mining Systems (CMMS) director Dr Declan Vogt. He says many platinum... 

Minerals Minister to announce mining charter audit outcomes

By: Martin Creamer South Africa’s Mineral Resources Minister Ngoako Ramatlhodi will on Tuesday brief the media on the outcomes of the audit to assess the extent to which mining companies have complied with the Mining Charter in the ten years to 2014. This follows the Minister making in clear last month that the... 

Beatrix mine, South Africa

By: Sheila Barradas A gold operation, located in South Africa’s Free State province. 

SA mining company develops regenerative locomotive

By: Dylan Stewart Gold miner Sibanye Gold is in the second phase of developing its own hybrid locomotive with regenerative braking functionality, Sibanye Gold senior VP of technical services Peter Turner tells Mining Weekly, further noting that the first phase of the development was completed last year. 

NUM plans Sibanye protest march

By: Natasha Odendaal The National Union of Mineworkers (NUM) plans to march from the Kopanong hostel to gold mining company Sibanye Gold’s Kloof office on Wednesday afternoon to protest a number of grievances raised by workers at the mine. The union said in a statement that it was objecting to the “pressure and... 

Resources Watch

By: Creamer Media Reporter This week: Sibanye eyes a R3-billion, 150 MW solar power station. DRDGold lifts its output 6% despite 67 hours of load shedding in December. And, the International Council for Mining & Metals says mines are the development engines for host countries. 

12.9% of mineworkers severely indebted

By: Jonathan Rodin A recent study by the University of Pretoria has shown that 12.9% of South African mining industry employees have emolument attachment orders (EAOs), or garnishee orders, against their names and are severely indebted. This is as a result of mineworkers’ stable employment status, as they are being... 

Sibanye eyes R3bn, 150 MW solar power station 

By: Natasha Odendaal Gold miner Sibanye Gold plans to build a R3-billion, 150 MW solar power plant to ease its reliance on the costly and unreliable electricity supply from South Africa’s State-owned power utility Eskom, which posed a threat to the company’s current operations and future development. Despite reducing... 

Curse turned blessing

By: Martin Creamer There was a time when Beatrix gold mine’s methane gas was considered a curse. Between 1983 and 2001, it killed 40 employees. Because the killer gas is normally associated with coal mines rather than gold mines, its presence in a hard-rock precious metals environment 40 km south of Welkom had many... 

Sibanye mineral reserves increase 12% to 19.9Moz 

Gold mineral reserves at dual-listed miner Sibanye Gold’s operations have increased from 17.8-million ounces in December 2013 to 19.9-million ounces in December 2014, following the completion of prefeasibility studies on below infrastructure “drop-down projects”. This 12% increase primarily... 

Gold miners continue work to address occupational lung disease compensation issues

By: Creamer Media Reporter Mining companies Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold are continuing with measures to tackle issues relating to compensation and medical care for occupational lung disease in the gold mining industry in South Africa. “Further initial... 

Plans afoot to lay off thousands of mineworkers – Baleni 

By: Ilan Solomons National Union of Mineworkers (NUM) general secretary Frans Baleni confirms that local gold producers Sibanye Gold, AngloGold Ashanti and Harmony Gold are undertaking retrenchments at their respective operations across South Africa. “Some of these companies have started offering miners voluntary... 

Record-quarter Sibanye forecasting best ever 2015 gold output

By: Martin Creamer South Africa-focused gold-mining company Sibanye Gold, which achieved record latest quarter production, is forecasting best ever output for the new year. Sibanye, headed by CEO Neal Froneman, which hit the 452 700 oz (14 079 kg) quarterly high spot in the three months to December 31, is guiding... 

Gold majors discuss worker indebtedness 

By: Jonathan Rodin The actions of unscrupulous lenders and the effect this was having on vulnerable miners were discussed by representatives of gold mining majors AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold at a This is Gold conference, on Thursday. Owing of their stable employment, mining... 

South African mining companies form group to tackle lung disease

Five South African mining companies have formed a group to look at compensation and medical care for occupational lung disease in South Africa. The producers, AngloGold Ashanti, Gold Fields, Anglo American South Africa, Harmony Gold Mining and Sibanye Gold, will hold meetings with government... 

Gold miners form working group to seek solution to occupational lung disease

By: Leandi Kolver Mining companies Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold on Tuesday announced that they had formed an industry working group to tackle issues relating to compensation and medical care for occupational lung disease in the South African gold mining... 

Sibanye, Newshelf in breach of merger conditions – Competition Commission  

By: Natalie Greve The Competition Commission has issued a CC19 Notice of Apparent Breach against the merged entity of Sibanye Gold and Newshelf 1114, after the newly formed company allegedly attempted to carry out merger-related retrenchments before the expiry of a two-year moratorium. “This is a serious matter,... 

Solidarity, NUM sign agreements with Sibanye to soften job cuts 

By: Leandi Kolver Trade union Solidarity on Thursday announced that it had signed a cooperation agreement with gold producer Sibanye Gold to limit the impact of job cuts at the company’s Cooke 4 shaft, on the West Rand. The agreement, in terms of which the company undertook to implement various measures and... 

Creamer Media publishes African Mining Roundup for November 2014 research report

This month’s report includes details of Sydney-listed South Boulder Mines’ prefeasibility-study-level drilling at the Colluli potash project, in Eritrea; embattled iron-ore miner London Mining’s decision to place the company into administration; and gold miner Sibanye Gold’s record gold... 

Divestment indicative of local industry challenges

By: Bruce Montiea Recent restructuring and divestment moves by mining majors Anglo American Platinum (Amplats), BHP Billiton and Gold Fields are indicative of the difficulties that mining companies operating in South Africa are facing, says strategy and communications consultancy africapractice consultant... 

Company sells new underground mining pipes at expo

By: Pimani Baloyi Local pipes manufacturer Marley Pipe Systems sold several of its newly launched MegaTuff co-extruded flame-retardant high-density polyethylene (HDPE) and ventilation pipes for underground mining at this year’s Electra Mining Africa exhibition, where the products were introduced to the market for... 

Sibanye Q3 production up 10%, full-year guidance maintained 

By: Leandi Kolver Gold miner Sibanye Gold on Tuesday reported record gold production of 424 700 oz (13 210 kg) for the three months ended September 30, up 10% year-on-year. The company said the higher production, which resulted in an operating profit of R1.78-billion, was mainly owing to the solid performance of... 

Mines back up and running and commencing with stock clean up

With mines back in operation and some already up to full production, various companies such as Impala Platinum, Diesel Power and Sibanye Gold will be taking to market a variety of redundant and surplus plant and equipment via an online auction. The auction, closing on 30 October, comes as a... 

South Africa’s gold CEOs ready for mergers as prices decline

By: Bloomberg South Africa’s gold miners are ready for mergers and acquisitions (M&As) as the falling price of bullion forces companies to cut costs and repay debt. “Maybe there’s some smart consolidation that can take place on a regional basis,” says Sibanye Gold CEO Neal Froneman. “I think there will be. I... 

Sibanye maintains FY output guidance

By: Creamer Media Reporter Gold miner Sibanye Gold has maintained its output guidance for 2014 at 1.61-million ounces. The company, which would release an operating update for the third quarter on October 28, on Tuesday said total cash costs for the year to end December 31 would be about $850/oz, while all-in sustaining... 

Rebranding Teba says its mission now is ‘more about human potential wherever we find it’

By: Chantelle Kotze The long-standing Teba Limited business, which recruits and manages local and foreign labour for South Africa’s mining industry, has changed its approach from being an inward-looking company to one that proactively provides various services to mines, mineworkers and their families.  

Several platinum opportunities already abandoned - Sibanye Gold

By: Martin Creamer A number of platinum opportunities had been pursued and several abandoned as they did not meet the required investment criteria, Sibanye Gold CEO Neal Froneman said on Tuesday. Froneman told the Denver Gold Show in the US that entry into the platinum industry did not qualify as a strategic... 

Agricultural Equipment Critical to Emerging Farmer’s Growth

Deputy Finance Minister Mcebisi Jonas recently stressed that growth in the agricultural sector must become more formidable and contribute to the country's gross domestic product. With an 8.5% growth in agricultural production achieved in 2013 year-on-year, it appears the sector is on track to... 

Miners pouring millions into education and training 

By: Anine Vermeulen Education and training are integral to South Africa’s mining sector and contribute to the industry’s objective to be safer and more profitable, which is why mining majors continue to invest millions of rands in education and skills training. However, the investment does not always yield the... 

Miners pouring millions into education and training, but results not always in line with expectations 

By: Anine Vermeulen Education and training are integral to South Africa’s mining sector and contribute towards the industry’s objective to be safer and more profitable. While mining majors, such as Anglo American Platinum (Amplats) continue to invest millions of rands in education and skills training in the sector,... 

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