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Retrenchments at South32’s Hillside smelter could affect up to 500 jobs – Solidarity

By: Nadine James     19th February 2019 Trade union Solidarity on Tuesday said it had received a retrenchment notice from South32’s Hillside aluminium smelter, in Richards Bay. The trade union stated that the retrenchment process could impact the lives of up to 30 000 people and, consequently, the entire Richards Bay area. 

Celebrating the success of women in the mining industry at Mining Investment Asia 2019 in Singapore

18th February 2019 Mining Investment Asia, South East Asia’s largest mining conference and exhibition connecting miners, investors and service providers recognises the important role of women in the mining industry, especially here in Asia. Hence a full day, entitled ‘Women in Mining Day’, will be set aside once... 

On-The-Air (15/02/2019) 

By: Martin Creamer     15th February 2019 African countries are streaking ahead of South Africa on the mining automation front; mining companies are opting for solar power because it is cheaper than Eskom power; and only black-owned companies will be allowed to buy the seven mining operations that are up for sale in Mpumalanga.... 

South32 finalising preferred list of coal mine bidders 

By: Martin Creamer     14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... 

Australia's Queensland Rail says expects to repair flooded track within 6 months

By: Reuters     14th February 2019 Australia's Queensland Rail said on Thursday that it expects a rail track hit by flooding this month that has disrupted zinc shipments from major producers like Glencore to be repaired within the next six months. The 1 000 km (620 mile) rail line is used by miners including Glencore, MMG Ltd and... 

Trilogy, South32 up exploration budget for Alaska projects

By: Creamer Media Reporter      7th February 2019 Vancouver-based explorer Trilogy Metals has increased the exploration budget for its Upper Kobuk Mineral Projects (UKMP), after its partner South32 agreed to equally fund an exploration programme along the Ambler volcanogenic massive sulphide (VMS) belt in north-west Alaska. The partners have... 

Miners rally to support flood victims

By: Esmarie Iannucci     7th February 2019 Diversified miners Glencore and South32 have both pledged A$1-million each for flood relief in Queensland. Several parts of Queensland have been declared disaster zones, with thousands evacuated on the back of a 1-in-100-year flood, with Townsville at the center of the catastrophe. 

Lesedi to assist Mozal in its aluminium expansion project

By: Kim Cloete     7th February 2019 South African engineering, procurement and construction (EPC) company Lesedi has recently been awarded a contract to assist South32’s Mozal aluminum plant in its expansion project. The $38-million AP3XLE energy efficiency project was approved in the third quarter of 2017 and started the rollout... 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state 

By: Kim Cloete     4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... 

UN is right to alert business to opportunity of mining world’s quickly rising brine mountain

By: Martin Creamer     1st February 2019 There are about 16 000 desalination plants in the world and these discharge 142-million cubic meters of brine daily, which is well up on previous estimates and enough in a year to cover KwaZulu-Natal in 30 cm of saturated salt water. What is needed is a mining of the salt and metals contained in... 

RBCT coal exports decline 

By: Martin Creamer     24th January 2019 Richards Bay Coal Terminal (RBCT) exported 73.47-million tonnes of coal in 2018, 4.1% less than in 2017. The main export destination of the South African-mined coal was Asia at 81.6%. 

South32 delivers solid Q2 results; announces leadership shuffle 

By: Esmarie Iannucci     17th January 2019 Diversified miner South32 has reported a solid production performance in the December quarter, with the miner maintaining its production guidance for the full year to June 2019. “We achieved a strong quarter of production, maintaining full-year guidance for all operations with the exception of... 

On-The-Air (26/10/2018) 

By: Martin Creamer     26th October 2018 South Africa is ahead of the world in the new race to develop innovative ‘power fuels’ that prevent climate change. An Australian company is selling its four big South African coal mines in Mpumalanga to new black owners. The Mandela Mining Precinct this week took its first steps towards the... 

South32 foresees short-term volatility, but long-term growth, sustainability 

By: Schalk Burger     25th October 2018 Diversified mining and metals company South32 on Thursday forecast short-term price volatility for the commodities it produces, but also highlighted its strong cash position and its work to further optimise its global portfolio of assets. In a speech delivered at the company’s 2018 annual general... 

Strong interest received for South32’s South African energy coal assets 

By: Esmarie Iannucci     25th October 2018 Diversified miner South32 has received nearly 40 expressions of interest for its energy coal assets in South Africa. Speaking on the sidelines of the company’s annual general meeting, South32 CEO Graham Kerr told Mining Weekly Online that, while the talks thus far have been confidential, the... 

South32's Cerro Matoso said to owe more than $56m in royalties

By: Reuters     24th October 2018 The Cerro Matoso nickel mine, owned by Australian miner South32, owes more than $56-million in unpaid royalties to Colombia, the country's comptroller said on Tuesday. The company, which produced 40 600 t of ferronickel in 2017, applied incorrect discounts to its royalty payments over several... 

South32 reports strong manganese and coking coal performance 

By: Esmarie Iannucci     18th October 2018 Diversified miner South32 on Thursday reported a record quarter at its Australian manganese operations, while metallurgical coal production was up 39% on the previous quarter. “Annual production guidance is maintained for all our operations, with Australia manganese achieving another quarterly... 

Electromechanical drivetrain solution unveiled

By: Paige Müller     12th October 2018 Integrated technological solutions provider Siemens – in partnership with its subsidiary Flender and engineering solutions provider Tech Edge – unveiled a complete electromechanical cable belt conveyor drivetrain solution during a demonstration last month. Siemens, Flender and Tech Edge announced... 

Releasing exploration companies from onerous regulatory burdens is positive

By: Martin Creamer     12th October 2018 Mining Charter Three does not tie exploration companies down to the obligations it places on new mining licence applicants. Exploration has not been encumbered with 30% black economic empowerment obligations, 5% carried interest for labour, 5% carried interest for communities and the other boxes... 

Titan appoints former Arizona directors to its board

By: Mariaan Webb     10th October 2018 Zinc miner Titan Mining has appointed three new board members, all of whom served on the board of Arizona Mining, which was taken over by South32 in a $1.3bn deal. The TSX-listed company, which owns the Empire State Mine (ESM) in New York state, appointed former speaker John Boehner, former... 

Vitol, Trafigura to bid for coal mines once owned by Guptas

By: Bloomberg     5th October 2018 Commodities traders Vitol Group and Trafigura Group have entered the bidding process for South Africa’s Optimum Coal, a miner under bankruptcy protection that was once controlled by the Gupta family. The interest from two of the biggest commodities trading houses underscores the strategic value... 

Eskom, coal sector must collaborate to overcome challenges

By: Nadine James     3rd October 2018 Power utillity has not ruled out the possibility of introducing special tariffs for industry, Matleng Energy Solutions chairperson and Eskom nonexecutive director Nelisiwe Magubane noted in an address at the Joburg Indaba on Wednesday. She stated, however, that, to date, the coal mining “industry... 

Exxaro eyes South32's coal assets, export quota - CEO

By: Reuters     3rd October 2018 South African miner Exxaro is eyeing South32's local coal assets, which include an export quota, as it looks to increase its exports, Exxaro's CEO told Reuters on Wednesday. "We have expressed interest at this very early round in the South32 assets," Mxolisi Mgojo said on the sidelines of the... 

Joburg Indaba to provide ‘reality check’, promote investment

By: Paige Müller     28th September 2018 This year’s Joburg Indaba will focus heavily on the economic environment and South African government’s role in encouraging investment in the embattled local mining sector, says investment conference specialist and organiser of the Joburg Indaba, Resources 4 Africa. Resources 4 Africa CEO Paula... 

South32's Cerro Matoso mine wins appeal, will not pay damages

By: Reuters     21st September 2018 Colombia's Cerro Matoso nickel mine, owned by Australian miner South32, will not be required to pay damages to indigenous and Afro-Colombian communities after winning an appeal in Colombia's constitutional court, a court spokesperson said on Thursday. The court had previously ruled that waste... 

South32 assumes operatorship of Eagle Downs

By: Mariaan Webb     14th September 2018 Diversified mining group South32 has assumed operatorship of the Eagles Downs metallurgical coal project, following the completion of the acquisition of a 50% interest in the Bowen basin project. The other 50% is owned by Aquila Resources, a subsidiary of China’s BaoWu. 

The Dickinson Group 

13th September 2018 The Dickinson Group of Companies is a leading provider of furnace and industrial services to the mining, metal smelting, mineral processing, thermal power generation and petrochemicals refining industries. The company has the capacity, technology, equipment and expertise to undertake complex... 

Exxaro, Seriti said to mull bids for South32 coal assets

By: Bloomberg     11th September 2018 Exxaro Resources and Seriti Resources are among groups considering bidding for South32’s South African thermal coal operations, which have been valued at almost $800-million, according to people familiar with the matter. South32’s South Africa Energy Coal unit, the country’s third-biggest... 

Collins added to South32 lead team

By: Esmarie Iannucci     7th September 2018 Diversified miner South32 has appointed Simon Collins as chief development officer, accountable for exploration, portfolio strategy, business development, and acquisitions and divestments. Collins will also continue to oversee the study phase of the Hermosa base metals project, in the US. 

Detour Gold refreshes board with three new appointments

By: Mariaan Webb     30th August 2018 TSX-listed Detour Gold has appointed three new directors in a move to augment its board’s experience and expertise in large-scale openpit mining ahead of a December 11 shareholders meeting to vote on a replacement of the company’s board. The new board members include Alan Edwards, a former... 

Trilogy expands drilling programme at Alaska copper/cobalt project

By: Mariaan Webb     24th August 2018 With the backing of partner South32, explorer Trilogy Metals will expand its drilling programme at the Bornite copper/cobalt project, in Alaska, with two more drilling rigs to be added, the TSX-listed company announced on Thursday. South32 has agreed to increase its contribution to this year’s... 

South32 to consider South African energy coal ownership options in Sept

By: Marleny Arnoldi     23rd August 2018 Diversified miner South32 will start a process to broaden the ownership of its South Africa Energy Coal (SAEC) business, in September. “We have been very clear that we don’t plan to own an interest in energy coal in the long term, and it has never been a better time in terms of where South... 

South32 completes Arizona buy

By: Esmarie Iannucci     13th August 2018 Diversified miner South32 has completed the $1.3-billion acquisition for the remaining 83% share in TSX-listed Arizona Mining. The Canadian firm has now been delisted from the TSX, and will cease to be a reporting issuer under the Canadian securities law. 

Mafube colliery trialling use of mining-impacted water for agriculture

By: Nadine James     10th August 2018 Anglo American Coal South Africa’s Mafube colliery has been selected as the first trial site to determine the long-term sustainability of using mine-impacted water in agriculture. While irrigation with perceived poor-quality water frequently occurs in arid countries such as Israel, the South... 

Miners set to spend $11bn in search of the next jackpot

By: Bloomberg     7th August 2018 Miners and investors are poring over satellite images, tracking drilling rigs and quizzing company executives for clues on whether the sector’s heavyweights are close to a new jackpot discovery. As Rio Tinto Group searches Australia’s Great Sandy Desert for copper and Anglo American scours a 19... 

Erudite adopts a fresh approach to transformation 

By: Nadine James     3rd August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

Will BHP's CEO follow top miner's shale unit out of the door?

By: Bloomberg     27th July 2018 BHP Billiton’s $10.8-billion of deals to exit its troubled US shale unit will allow CEO Andrew Mackenzie to shower investors with returns. It may also be a chance for him to bow out on top. Mackenzie, 61, who’s held his post since 2013, has delivered on plans to simplify BHP around a tighter... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

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