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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... 

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... 

Bluejay's Dundas may be attractive to Rio Tinto – analysts

By: Mariaan Webb     12th July 2018 The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the... 

On-The-Air (15/06/2018) 

By: Martin Creamer     15th June 2018 Mining companies are going all out to combat the deadly scourge of malaria in Africa in compliance with United Nations wishes. South Africa’s meticulous mineral codes are rapidly emerging as global world beaters. De Beers has concluded a R600-million black economic empowerment deal at... 

Mining companies combating malaria scourge – ICMM

By: Martin Creamer     13th June 2018 Mining companies are taking firm steps to help combat the scourge of malaria, which affects 3.3-billion people worldwide and kills a child every 30 seconds. International Council for Mining and Metals (ICMM) health, safety and product stewardship director John Atherton reports that: 

Multistakeholder initiative launched to address sustainable mine closure challenges

By: Nadine James     5th June 2018 Private and public sector entities officially launched a sustainable mine closure collaborative platform, called the Mine Water Coordinating Body (MWCB), at the Nedbank-New Partnership for Africa’s Development (Nepad) Business Foundation Networking Forum, hosted in Sandton, on Tuesday. The MWCB... 

South32 turns its eye to Mexico

By: Esmarie Iannucci     5th June 2018 Diversified miner South32 has signed an agreement with Canada’s Silver Bull Resources that could result in a $100-million investment in a Mexican zinc project. The TSX-listed Silver Bull has granted South32 the option to form a 70/30 joint venture (JV) over the Sierra Mojada project. The... 

Modular chute system to reduce safety risks, increase uptime

By: Tasneem Bulbulia     1st June 2018 With mining operations valuing the optimisation of their assets, and safety and uptime remaining focal points, wear solutions provider Rio-Carb has “answered the industry’s call” with the development of a new modular chute, Rio-Carb director Sias Suurd tells Mining Weekly. Developing this modular... 

ICMM releases latest mining safety data of its members

30th May 2018 Today, the International Council on Mining and Metals (ICMM) released its annual safety data report on its member companies (1).  

ICMM is committed to strengthening the health and safety performance of its members and reducing operational fatalities to zero. As part of this commitment we... 

Transnet, Tshipi é Ntle sign long-term manganese contract

By: Simone Liedtke     11th May 2018 State-owned Transnet has signed the second long-term agreement under its Manganese Export Capacity Allocation (Meca) programme, which seeks to integrate a number of export manganese contracts. The seven-and-a-half-year contract with manganese miner Tshipi é Ntle will result in 2.1-million tonnes... 

Colliery Training College

4th May 2018 The Colliery Training College (CTC) – an important centre for artisan and mining skills training in Emalahleni, Mpumalanga – has been part of the coal mining industry since 1964. Prominent mining companies such as Anglo American Thermal Coal, Exxaro, Glencore, Izimbiwa Coal, Kangra Coal and... 

South Africa to appeal court ruling on black ownership of mines 

By: Bloomberg     23rd April 2018 South Africa has sought leave to appeal a court judgment earlier this month over a crucial black-ownership principle in the country’s Mining Charter, the nation’s mining lobby said. The Chamber of Mines has been notified that Mineral Resources Minister Gwede Mantashe and the Department of Mineral... 

South32 hikes manganese guidance, lowers coal forecast

By: Esmarie Iannucci     19th April 2018 Diversified miner South32 has increased its manganese production guidance from its Australia and South African operations to take advantage of farourable market conditions. The company increased its production guidance at the Australia manganese operations by 6% to 3.30-million tonnes and its... 

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