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Martin Creamer
Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.
Tel: +2711 622 3744
Iron-ore euphoria of today arising out of iron-ore despair of yesteryear offers crucial policy lesson, says mining analyst in a ‘Postcard to the President’
12th May 2021 If you bought R100 000 worth of shares in Kumba Iron Ore at the start of 2016, you would now be sitting on shares worth a staggering R2.67-million, excluding dividends. This is because Kumba’s all-time low share price of R25.35 in January 2016 has skyrocketed 2 647% to R696.45, reflecting the... →
Renewable energy projects under investigation across AngloGold
11th May 2021 Renewable energy projects are under investigation across the entire AngloGold Ashanti group, AngloGold Ashanti VP: environment Tony Da Cruz told Mining Weekly on Tuesday. Da Cruz reported that the gold mining company is also working with industry peers and vehicle original-equipment manufacturers... →
Big jump in earnings margin generates strong cash for Harmony Gold
11th May 2021 Gold mining company Harmony Gold has delivered another strong set of operational results year-on-year on the back of the integration of AngloGold Ashanti assets into its portfolio and a stronger rand per kilogram gold price. The combination of a higher gold price received and improved earnings... →
Release by AngloGold of vast exploration information attracting interest
10th May 2021 The release by departing AngloGold Ashanti of its vast exploration information is attracting interest, AngloGold executive VP of group planning and technical Graham Ehm said on Monday. Contained online is an exploration database involving the historic Witwatersrand Gold Basin and other goldfields... →
AngloGold Q1 earnings rise to $203m despite lower production, higher costs
10th May 2021 Gold mining company AngloGold Ashanti reported first quarter headline earnings of $203-million, driven by the higher gold price. Q1 production of 2021 of 588 000 oz was down on the 630 000 oz for the same period last year and total cash cost of $999/oz was well up on the $773/oz from continuing... →
Gold Fields going greener and cleaner across broad front
7th May 2021 Gold mining company Gold Fields, which this week announced the board’s green light for a 40 MW solar photovoltaic plant at the South Deep mine, near Carletonville, intends taking short- medium- and long-term steps to lower emissions in underground mining in general and at South Deep in... →
On-The-Air (07/05/2021)
7th May 2021 Gold Fields is spending R660-million on solar power at the big South Deep gold mine in Gauteng; Strict new global rules now apply to mine dumps in a bid to ensure that they don’t kill any more people; and South African and Ghanaian business locked armed this week in a welcome automotive deal. →
Empowered Ntsimbintle strengthens standing in manganese mining
7th May 2021 Mining investment company Ntsimbintle Holdings has acquired a further 13.8% stake in Jupiter Mines, making it the Australian-listed miner’s largest shareholder, with a total holding of 19.9% and entrenching its position in manganese mining at Tshipi é Ntle Manganese Mining's mine in the Northern... →
Wescoal looking to possibly becoming broader energy company
7th May 2021 The JSE-listed coal-mining company Wescoal is looking to possibly becoming a broader energy company in which coal remains a substantial but reducing component alongside other energy pursuits such as renewables, Wescoal interim CEO Robinson Ramaite said on Monday. Outlining the company’s major... →
It makes huge economic sense to encourage mineral exploration
7th May 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive, investment-friendly... →
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