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Audio Articles

Precious metal refiners face new LBMA environmental standard  

By: Martin Creamer     7th February 2019 The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations. 

LMBA CE Ruth Crowell and Martin Creamer
LBMA CE Ruth Crowell tells Mining Weekly's Martin Creamer about the association's efforts to improve environmental and sustainability within the gold and silver mining and refining sectors. Video and editing: Nicholas Boyd.

Junior mining fund under discussion – Minerals Council 

By: Martin Creamer     6th February 2019 A government-initiated fund for prospectors and developers is under discussion with the Public Investment Corporation and the Industrial Development Corporation, Minerals Council South Africa emerging mining head Grant Mitchell said on Wednesday. Speaking at a media conference at the Investment... 

Minerals Council executive Tebello Chabana
Photo by Creamer Media
Minerals Council executive Tebello Chabana

Minerals Council’s national platinum strategy targets real potential 

By: Martin Creamer     6th February 2019 Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger... 

Minerals Council CEO Roger Baxter
Photo by Dylan Slater
Minerals Council CEO Roger Baxter

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

De Beers to spend R30m on diamond exploration this year
DBCM MD Phillip Barton speaks to Martin Creamer about the company's exploration programme in South Africa, as well as the company's plans for its Venetia mine. Video and editing: Nicholas Boyd.

Ramaphosa challenges mining to take ten value-adding steps   

By: Martin Creamer     5th February 2019 President Cyril Ramaphosa on Tuesday challenged the mining industry to take ten value-adding steps to hoist the industry into a potent new orbit across the entire continent. Addressing the Investing in African Mining Indaba, the president said he wished to issue a challenge against the background... 

President Cyril Ramaphosa
President Cyril Ramaphosa outlines ten value-adding steps for the mining industry at the 2019 edition of the African Mining Indaba in Cape Town. Camera Work & Editing: Nicholas Boyd. Recorded: 5.2.2019.

Barrick’s Bristow calls for a mindset change in the gold industry  

By: Kim Cloete     5th February 2019 Mark Bristow, the president and CEO of gold producer Barrick Gold has accused mining companies, investors and host countries of succumbing to the desire of instant gratification and for not investing deeply in the industry. He called for a mindset change in an industry that has been plagued with... 

Barrick Gold president and CEO Mark Bristow
Photo by Bloomberg
Barrick Gold president and CEO Mark Bristow

Time to make Africa prosperous – Ghana President   

By: Martin Creamer     5th February 2019 It is time for Africa to make itself and its people prosperous by making use of mineral resources and modern technology to create a new world shorn of greed and cupidity, Ghana President Nana Akufo-Addo said on Tuesday. In an opening address on the second day of the Investing in African Mining... 

Time to make Africa prosperous – Ghana President
Ghana President Nana Akufo-Addo tells mining companies what they can expect when investing in Ghana. Video and editing: Nicholas Boyd.

Mining green shoots sprouting – Minerals Council 

By: Martin Creamer     4th February 2019 Green shoots are sprouting in South Africa’s mining sector, which is readying for new take off, Minerals Council South Africa CEO Roger Baxter said on Monday. In a briefing on the State of the Mining Nation on the sidelines of the opening day of the Investing in African Mining Indaba, Baxter told... 

Minerals Council CEO Roger Baxter
Minerals Council CEO Roger Baxter

Mining 'walking into a brighter future' – Makwana  

By: Martin Creamer     4th February 2019 Mining was walking into a brighter future and the appetite for mining investment was strengthening, attendees of the Investing in African Mining Indaba heard on Monday. Opening the 25th consecutive Investing in African Mining Indaba Cape Town, attention was drawn to stepped up investment in... 

Mining Indaba advisory board chairperson Mpho Makwana
Mining Indaba MD Alex Grose and Mining Indaba advisory board chairperson Mpho Makwana discuss trends in the mining industry and what is to be expected from this year's Mining Indaba. Video and editing: Nicholas Boyd.

Katanga advances cobalt debottlenecking project  

By: Tasneem Bulbulia     1st February 2019 Katanga Mining, which is a subsidiary of diversified major Glencore, says its cobalt debottlenecking project is progressing on schedule. In an update to shareholders published on Friday, the Democratic Republic of Congo-based company said three new filter presses, a magnesium oxide reagent plant... 

Glencore’s FY18 copper, cobalt output up on restart of Katanga processing operations 

1st February 2019 Diversified miner Glencore on Friday reported an 11% year-on-year increase in its copper production and a 54% year-on-year increase in its cobalt output, mainly as a result of the restart of Democratic Republic of Congo- (DRC-) based subsidiary Katanga Mining’s processing operations in late 2017.... 

Glencore’s FY18 copper, cobalt output up on restart of Katanga processing operations

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

Invest in clean technology to counter the siege on the coal industry, Mantashe implores 

By: Kim Cloete     31st January 2019 The coal industry needs to counter the negative attitude towards the industry by investing in clean coal technology and funding research initiatives to find alternative markets for coal, says Mineral Resources Minister Gwede Mantashe. He told delegates at the opening of the fourteenth annual... 

Mineral Resources Minister Gwede Mantashe
Photo by Dylan Slater
Mineral Resources Minister Gwede Mantashe

PGM-using patents abound – CPM  

By: Martin Creamer     31st January 2019 Viable patents that involve the use of platinum group metals (PGMs) should be commercialised so that PGMs become less dependent on the automotive market, says CPM Group MD and founder Jeffrey Christian. CPM’s current projections, which are similar to those in the automotive and electricity supply... 

CPM Group MD Jeffrey Christian (right) and Mining Weekly Online's Martin Creamer.
CPM Group MD Jeffrey Christian talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Christo Greyling.

Ivanhoe reports ‘unprecedented’ copper intersection in the DRC 

By: Creamer Media Reporter      31st January 2019 The Kamoa North prospect area has delivered an “unprecedented” 22.3-m intersection of 13.05% copper in a thick, flat-lying deposit, sending Canada’s Ivanhoe Mines share price up 10% on the TSX on Wednesday. The new drill hole at the Democratic Republic of Congo-based project includes grades of... 

Gold gets a safe-haven boost – Refinitiv’s GFMS report 

By: Nadine James     30th January 2019 Gold has benefitted in the fourth quarter of 2018 from investors seeking safe-havens, the latest GFMS Gold Survey, which Refinitiv released on Wednesday, states. Renewed interest from professional investors and a shift in the purchasing behaviour of emerging market central banks have compensated... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year  

By: Nadine James     30th January 2019 State-owned utility Eskom’s proposed tariff increases would cost some 150 000 direct mining jobs, all but eliminate the gold sector and, as a consequence, reduce Eskom’s mining client base by around 36%, thereby exacerbating the utility’s “death spiral”, Minerals Council South Africa chief... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year
Minerals Council South Africa chief economist Henk Langenhoven discusses the impact of Eskom’s proposed tariff increases on South Africa's mining sector. Video and editing: Darlene Creamer.

Iron-ore rockets as Vale supply disruption convulses market 

By: Bloomberg     30th January 2019 The global iron-ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly dam breach, buoying shares of rivals as investors weighed the impact of the disruption. Prices soared, with futures rallying more than 9%. Vale... 

Vale CEO Fabio Schvartsman
Photo by Bloomberg
Vale CEO Fabio Schvartsman

Gemfields agrees settlement of £5.8m pertaining to claims by Leigh Day  

By: Tasneem Bulbulia     29th January 2019 Gemfields announced on Tuesday that it has agreed, on a no-admission-of-liability basis, the settlement of all claims brought by law firm Leigh Day on behalf of individuals living in the vicinity of Montepuez Ruby Mining’s (MRM’s) mining concession in northern Mozambique. Gemfields holds a 75%... 

Palladium theft rampant – FT 

By: Martin Creamer     29th January 2019 Palladium, used in catalytic converters that reduce harmful petrol vehicle emissions, is catalysing a crime wave in the UK, says the Financial Times (FT) of London. “Thieves are stealing catalytic converters – often in broad daylight – and selling the devices to illegal scrap dealers for cash,”... 

A bar of palladium.
Photo by Bloomberg
A bar of palladium.

De Beers sells $505m rough diamonds in first sales cycle 

By: Simone Liedtke     29th January 2019 Diamond producer De Beers on Tuesday reported that rough diamond sales in this year's first sale cycle had reached $505-million. This is $167-million less than the $672-million earned in the first sales cycle of 2018. 

De Beers CEO Bruce Cleaver
De Beers CEO Bruce Cleaver

Sulaiman resigns as Wescoal CEO  

By: Tasneem Bulbulia     28th January 2019 Waheed Sulaiman has resigned as CEO and director of Wescoal with effect from January 31. Wescoal’s board is in the process of recruiting a new CEO. 

Waheed Sulaiman
Waheed Sulaiman

Ramaphosa to speak at Mining Indaba  

By: Tasneem Bulbulia     28th January 2019 President Cyril Ramaphosa has been confirmed as a speaker for the Investing in African Mining Indaba 2019, which will be held in Cape Town from February 4 to 7. He is set to bring his investment agenda to the landmark twenty-fifth edition of the Indaba when he delivers an address on February 5.   

Petra delivers solid H1 output, says diamond market outlook remains stable 

By: Simone Liedtke     28th January 2019 LSE-listed Petra Diamonds delivered solid production, along with a “continued improvement” in its safety performance, in the first half of the 2019 financial year. CEO Johan Dippenaar on Monday said the mining company, which operates the Cullinan, Finsch and Koffiefontein mines, in South Africa,... 

Petra Diamonds CEO Johan Dippenaar
Photo by Creamer Media
Petra Diamonds CEO Johan Dippenaar

Pan African’s newly commissioned tailings plant boosts H1 gold output  

By: Marleny Arnoldi     25th January 2019 JSE- and Aim-listed Pan African Resources’ production for the six months ended December 31, 2018, increased by 54.2% year-on-year to 81 014 oz on the back of a robust operational performance at the Barberton complex and from its newly commissioned tailings retreatment plant. Gold production... 

MC Mining mitigates Uitkomst challenges, focuses on developing new projects  

By: Marleny Arnoldi     25th January 2019 Despite having experienced a challenging quarter ended December 31 – the company’s second quarter of the 2019 financial year – ASX-, Aim- and JSE-listed MC Mining remains positive about the prospects for the full year. The company reported decreased run-of-mine (ROM) production from its... 

MC Mining CEO David Brown
Photo by Dylan Slater
MC Mining CEO David Brown

Competition Appeal Court to hold Sibanye, Lonmin merger hearing on April 2 

By: Marleny Arnoldi     25th January 2019 JSE- and NYSE-listed Sibanye-Stillwater on Friday announced that the Competition Appeal Court of South Africa had set April 2 as the date to hear the appeal filed by the Association of Mineworkers and Construction Union (AMCU) against Sibanye’s planned takeover of LSE- and JSE-listed Lonmin.... 

Anglo American delivers solid Q4 performance  

By: Tasneem Bulbulia     24th January 2019 Diversified miner Anglo American achieved a 7% year-on-year increase in total production on a copper equivalent basis for the fourth quarter of 2018, excluding the effect of the stoppage at its Minas-Rio iron-ore mine, in Brazil. “Our continuing focus on efficiency and productivity improvements... 

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%. 

RBCT coal exports decline

JV projects contribute to 3% y/y increase in Amplats’ Q4 PGM output 

By: Tasneem Bulbulia     24th January 2019 Anglo American Platinum (Amplats) produced 1.26-million ounces of platinum-group metals (PGMs) in the fourth quarter of 2018 – a 3% increase on the 1.22-million ounces produced in the fourth quarter of 2017. Amplats attributed the increase to an improved operational performance, particularly at... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end   

By: Marleny Arnoldi     23rd January 2019 Aim-listed emerging phosphate producer Kropz is finalising the design of processing plant upgrades at its 74%-owned Elandsfontein project, in South Africa, with first ore to be produced by the end of the year. The mine will ramp up to steady-state production of one-million tonnes a year during... 

Kropz CEO Ian Harebottle
Kropz CEO Ian Harebottle discuss their phosphate mining and exploration projects. Video and editing: Darlene Creamer

Ghana pledges no repeat of incursions at AngloGold mine 

By: Bloomberg     23rd January 2019 Ghanaian President Nana Akufo-Addo pledged that the incursion of illegal miners which forced AngloGold Ashanti to evacuate its Obuasi operation won’t be repeated. Speaking at a ceremony that marked the reopening of the century-old mine in the south of the country, Akufo-Addo said Tuesday that the... 

Gold Fields denies interest to merge with AngloGold Ashanti 

By: Marleny Arnoldi     23rd January 2019 JSE- and NYSE-listed Gold Fields has denied that it wants to merge with its competitor AngloGold Ashanti, stating that an article published by Bloomberg on Tuesday was factually incorrect. Bloomberg quoted a person familiar with the matter as saying Gold Fields wanted to merge with AngloGold as... 

Gold Fields CEO Nick Holland
Photo by Creamer Media
Gold Fields CEO Nick Holland

Sibanye considering AMCU memorandum 

By: Tasneem Bulbulia     22nd January 2019 Sibanye-Stillwater is considering the memorandum of demands submitted to the Minerals Council South Africa (MCSA) by the Association of Mineworkers and Construction Union (AMCU) on Tuesday. AMCU marched to the MCSA to submit the memorandum, while its members continue to strike at Sibanye’s gold... 

New vehicle technology uses cobalt 

By: Martin Creamer     22nd January 2019 A promising new vehicle technology, which uses a cobalt-based catalyst, mirrors the world’s current ‘well-to-wheel’ refuelling ecosystem in being designed to allow motorists to call at conventional petrol stations to fill up with the liquid fuel from which hydrogen is extracted and then converted... 

Car that uses fuel consisting of mainly water converted into hydrogen and then electricity.
Photo by Electriq-Global
Car that uses fuel consisting of mainly water converted into hydrogen and then electricity.

Universal achieves steady increase in production, earnings in Q2 

By: Marleny Arnoldi     22nd January 2019 ASX-listed Universal Coal is on track to achieve forecast earnings before interest, taxes, depreciation and amortisation (Ebitda) guidance of A$93-million for the 2019 financial year. The coal miner achieved Ebitda of A$30.5-million, of which A$17-million was attributable, for the quarter ended... 

Zambia’s mining tax places Lumwana in ‘challenging situation’ – Barrick’s Jacobs 

By: Simone Liedtke     21st January 2019 NYSE- and TSX-listed Barrick Gold has not sold its biggest copper mine, Lumwana, in Zambia, but given the challenging conditions the mine is facing, “all options" are on the table. The Canada-headquartered company on Monday said that it was continuing to engage with the Zambian government and... 

Sandfire approaches MOD with merger proposal  

By: Esmarie Iannucci     21st January 2019 Botswana-focused MOD Resources went into a trading halt on the ASX on Monday after Australian copper miner Sandfire Resources confirmed that it had approached the junior to express its interest in exploring a potential merger. Responding to media reports overnight, Sandfire said that the... 

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