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Chrome News

Cabinless, emissionless vehicle foretelling underground’s autonomous future  

By: Martin Creamer     30th September 2020 Mining Weekly on Wednesday watched a cabinless emission-free next-generation mining vehicle autonomously load, haul and dump in an underground mine, without a human in sight. The cabinless design places emphasis on the extent to which traditional human operation at the rockface is becoming a... 

Carbide recycling can create jobs for mine communities – Sandvik  

By: Martin Creamer     29th September 2020 The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that... 

Carbide recycling can create jobs for mine communities – Sandvik
Mining Weekly’s Martin Creamer reports on Sandvik’s mining innovation virtual event. Video: Darlene Creamer

Green hydrogen study integrating SADC ahead of trillion dollar market emergence  

By: Martin Creamer     23rd September 2020 A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADF) region ahead of the projected opening up of a trillion dollar market going into the future. Funded €5.7-million by the Germany Federal Ministry of... 

Green hydrogen study integrating SADC ahead of trillion dollar market emergence
Sasscol executive director Dr Jane Olwoch interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Global chromium production impacted by Covid-19 outbreak, says ICDA

By: Schalk Burger     21st September 2020 Global chromium production impacted by Covid-19 outbreak, says ICDA Chromium production and consumption remained constrained during the second quarter of this year, in line with lockdown restrictions implemented in various countries, says the International Chromium Development Association (ICDA). 

South Africa's mining output declines 9.1% y/y in July

By: Simone Liedtke     10th September 2020 Mining production decreased by 9.1% year-on-year in July, with the largest negative contributors being other nonmetallic minerals and chromium ore sector. Other non-metallic minerals contributed -2.8 percentage points to the decline with an overall decrease of 44.9% in output, while chromium ore... 

Merafe swings to near R1bn interim loss

By: Marleny Arnoldi     8th September 2020 JSE-listed ferrochrome producer Merafe says its results for the first half of the year were impacted not only by Covid-19 but an already fragile operating environment. A slowdown in global economic activity has contributed to not only reduced volumes of commodities sold, but also to lower... 

Merafe swings to near R1bn interim loss
Photo by Creamer Media
Merafe's Boshoek operation

Sylvania ups profit in FY20 despite lost output

By: Marleny Arnoldi     7th September 2020 Aim-listed Sylvania Platinum reported a significant increase in revenue, adjusted group earnings and net profit for the financial year ended June 30, despite the Covid-19-related hard lockdown in South Africa in March and April. The company’s Sylvania Dump Operations (SDO), in South Africa’s... 

Challenges remain as industry forges ahead with transformation

By: Mamaili Mamaila     4th September 2020 It is important to acknowledge that the regulatory environment for local mining companies has been instrumental in progressing transformation and inclusion of women in the mining sector, integrated resources business Lurco Group says. 

Challenges remain as industry forges ahead with transformation
Photo by Lurco Group
LEE STOKES It is important for us to note that there still are industry barriers that affect the advancement of women in mining

South Africa’s green revolution gathering momentum 

2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... 

South Africa’s green revolution gathering momentum
Hydrogen fuel and containerised fuel cell installations at One Military Hospital in Pretoria.

Merafe expects to report up to 39c loss a share

By: Marleny Arnoldi     28th August 2020 JSE-listed chrome miner Merafe Resources now expects to report a basic loss a share of between 37.6c and 39c for the six months ended June 30. This compares to basic earnings a share of 6.6c apiece reported in the six months ended June 30, 2019.  

Master Drilling aligning with opencast mines going underground in changing world  

By: Martin Creamer     26th August 2020 South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines going underground. “As the world is changing, so are the mines,” said Master Drilling technology director Koos Jordaan at the... 

Master Drilling aligning with opencast mines going underground in changing world
Master Drilling technology director Koos Jordaan’s presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Jubilee secures more chrome, platinum tailings material for processing 

By: Marleny Arnoldi     24th August 2020 Aim- and AltX-listed Jubilee Metals Group has executed a processing agreement in terms of which it has been appointed as operator to re-commission and operate the existing run-of-mine (RoM) chrome beneficiation plant adjacent to its Inyoni Operations, in the Bushveld Complex of South Africa. The... 

Afarak narrows interim loss but low demand, corporate noise still a challenge

By: Marleny Arnoldi     21st August 2020 LSE- and Nasdaq-listed specialty alloy producer Afarak Group has managed to narrow its loss to €16.1-million for the six months ended June 30, compared with an interim loss of €29.2-million reported for the first six months of 2019. However, despite an improvement in financial performance, CEO... 

MRI signs share purchase agreement for Langpan chrome, PGMs operation

By: Marleny Arnoldi     20th August 2020 AltX-listed Mine Restoration Investments (MRI) has signed a share purchase agreement with the shareholders of Langpan Mining Company. Under the terms of the agreement, the vendors of Langpan will dispose of their entire shareholding in Langpan for R550-million in shares.  

Electra Mining Africa 2020 going digital with Connect – and it’s free of charge 

By: Martin Creamer     20th August 2020 The Electra Mining Africa Connect week will enable exhibitors to promote their products and services free of charge alongside industry-related informative webinars, media activations and product showcase opportunities from September 7 to 11. For the first time in 48 years, Electra Mining Africa... 

Electra Mining Africa 2020 going digital with Connect – and it’s free of charge
Specialised Exhibitions MD Gary Corin outlines Electra Mining Africa 2020 Connect plans to Martin Creamer. Video: Darlene Creamer.

Awesome new proudly South African face mask kindling international interest   

By: Martin Creamer     13th August 2020 An awesome new proudly South African face mask, with a replaceable filtration system at its heart, is attracting international interest. The innovative and timely Hudaco Air Mask is a lockdown-period product of the Johannesburg Stock Exchange-listed Hudaco Industries group. (Also watch attached... 

Awesome new proudly South African face mask kindling international interest
Hudaco CEO Graham Dunford and Hudaco’s executive consultant Mike Allnutt discuss the new Hudaco face mask innovation with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Jubilee processing capacity at Windsor fully committed, new processing facility acquired

By: Tasneem Bulbulia     13th August 2020 Dual-listed Jubilee Metals Group has entered into a third-party run-of-mine (RoM) chrome ore offtake agreement that fully commits its Windsor chrome beneficiation plant for the 

Ferrochrome business remains solid, world still requires large amount of it – Glasenberg 

By: Martin Creamer     11th August 2020 The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world. Unfortunately, most of the production occurs in ferrochrome plants in China, while South Africa continues exporting chrome ore and moving a large amount of it to China owing to South... 

Ferrochrome business remains solid, world still requires large amount of it – Glasenberg
Ivan Glasenberg

Mine export values back but volumes need boosting – Minerals Council 

By: Martin Creamer     10th August 2020 South Africa’s mine export values have bounced back encouragingly but volumes still need boosting. June’s export value was 13% up on May. 

Mine export values back but volumes need boosting – Minerals Council
Production and export volumes compared with export values.

Coal will continue to be assessed but should remain in Glencore right now – Glasenberg 

By: Martin Creamer     6th August 2020 Coal will continue to be assessed but should remain in Glencore right now, Glencore CEO Ivan Glasenberg said on Thursday. For the six months to June 30, the London- and Johanneburg-listed diversified mining and marketing company report that its energy business was down 65% at $0.7-billion on... 

Coal will continue to be assessed but should remain in Glencore right now – Glasenberg
Ivan Glasenberg

Glencore holds back on dividend, accelerates net debt reduction 

By: Martin Creamer     6th August 2020 Notwithstanding its cash-generative business and secure liquidity positions, the board of Glencore has concluded that it would be inappropriate to make a distribution to shareholders in 2020, Glencore CEO Ivan Glasenberg said on Thursday. Instead the London- and Johannesburg-listed diversified... 

Glencore holds back on dividend, accelerates net debt reduction
Ivan Glasengerg

Afena Capital now holds 5.82% stake in Merafe

By: Donna Slater     5th August 2020 Independent investment management firm Afena Capital has acquired a beneficial interest in ferrochrome producer Merafe Resources and now holds 5.82% of the issued ordinary share capital. Afena Capital aims to responsibly grow its clients’ wealth by generating sustainable inflation-beating... 

Glencore’s strong first-half positions it for top-end marketing earnings 

By: Martin Creamer     31st July 2020 Diversified mining and marketing company Glencore has delivered an overall strong  first-half operating performance amid the unprecedented challenges presented by  Covid-19. “This reflects both the ability and dedication of our teams to adapt to these difficult conditions,” said Glencore CEO Ivan... 

Glencore’s strong first-half positions it for top-end marketing earnings

Merafe’s interim production, earnings decrease

By: Tasneem Bulbulia     28th July 2020 JSE-listed Merafe Resources reports that its attributable ferrochrome production from the Glencore Merafe chrome venture for the six months ended June 30 had decreased by 42% year-on-year. The decrease is as a result of production cutbacks in response to Covid-19, market conditions and... 

Covid-19 slashes Sylvania's fourth-quarter production, profit

By: Marleny Arnoldi     27th July 2020 London-listed Sylvania has successfully ramped up to full capacity at its Sylvania Dump Operations (SDO), following a hard lockdown and subsequent ramping up process in South Africa, in the quarter ended June 30. The company only produced 9 055 oz of platinum, palladium, rhodium and gold (4E)... 

Cops confiscate illegally mined chrome, excavator totalling more than R2m in bust

By: News24Wire      25th July 2020 A Hawks operation has seen police officers seize chrome stockpiles and an excavator totalling more than R2 million in Limpopo, a spokesperson said. The operation at the Modikwa Mine in Burgersfort on Friday was in response to the "ongoing scourge of illegal mining in the province", said Hawks... 

Glencore hands over R30m community clinic

By: Donna Slater     23rd July 2020 Ferroalloys producer Glencore Alloys South Africa handed over the Bethanie Clinic healthcare facility, near Brits, to the to the North West Province Department of Health this week. The old Bethanie Clinic had become run down and ill-equipped to treat the more than 3 500 people who were visiting... 

Glencore hands over R30m community clinic

Menar’s R250m cash-funded solar-served East Manganese project is under way  

By: Martin Creamer     23rd July 2020 Initial project activities are under way at the R250-million cash-funded East Manganese project in Hotazel, Northern Cape, where the hot sun will be harvested to provide solar power to the mine’s infrastructure. The development forms part of the company’s strategy of building a manganese... 

Menar’s R250m cash-funded solar-served East Manganese project is under way
Menar MD and co-founder discusses manganese project with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

‘Historic dumps’ do not appear to be MPRDA regulated – law firm 

By: Martin Creamer     20th July 2020 South Africa’s ‘historic dumps’­ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under the MPRDA... 

‘Historic dumps’ do not appear to be MPRDA regulated – law firm
Herbert Smith Freehills Patrick Leyden and Aobakwe Mametse.

SA’s ferrochrome retreat points to steady erosion of competitiveness

By: Nadine James     17th July 2020 The local chromium industry is ostensibly being cut out of global ferrochrome production, owing to its eroding competitiveness and the comparatively ‘low-hanging fruit’ of supplying chromite. While it is seemingly economically expedient at present, the continued decline in local ferrochrome... 

SA’s ferrochrome retreat points to steady erosion of competitiveness

Chrometco narrows full-year losses

By: Marleny Arnoldi     16th July 2020 JSE-listed chrome miner Chrometco says that despite the impact of the low chrome price during the latter part of the financial year ended February 29, the company’s results had improved compared with the prior financial year's performance. In the year under review, the company’s Black Chrome... 

Global mining sharing knowledge in response to Covid-19  

By: Martin Creamer     14th July 2020 The International Council on Mining & Metals (ICMM) has been convening many knowledge-sharing sessions in response to the coronavirus. Among ICMM’s 27 mining and metals company members and 36 association members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti,... 

Global mining sharing knowledge in response to Covid-19
International Council on Mining and Metals CEO Tom Butler talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Chrometco expects to report narrowed losses for the 2020 financial year

By: Marleny Arnoldi     14th July 2020 AltX-listed Chrometco expects to report a headline loss a share of between 0.97c and 1.27c for the financial year ended February 29. This represents a 16% to 36% improvement on the restated headline loss a share of 1.52c reported for the year ended February 28, 2019.  

Positive reaction to ANC document’s encouragement of exploration  

By: Martin Creamer     14th July 2020 Reaction has been positive to the discussion document of economic transformation committee (ETC) of the African National Congress (ANC), which states that the listing of mining companies on the Johannesburg Stock Exchange (JSE) should be encouraged and mining exploration incentivised, as is the... 

Positive reaction to ANC document’s encouragement of exploration
Photo by Creamer Media
Paul Miller...flashback to his period in coal exploration and development.

Covid opens up opportunity for more constructive, purposeful dialogue – Minsur  

By: Martin Creamer     13th July 2020 The Covid-19 pandemic has allowed the mining industry to highlight and strengthen its role as a catalyst of social development in the areas in which it operates, Minsur  CEO Juan Luis Krueger said on Monday. Krueger was speaking during an  International Council on Mining and Metals (ICMM) online... 

Covid opens up opportunity for more constructive, purposeful dialogue – Minsur
International Council on Mining and Metals virtual Covid event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Investors in mining exploration should be incentivised – ANC’s ETC 

By: Martin Creamer     13th July 2020 Listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised as is the case in other mining jurisdictions, the economic transformation committee (ETC) of the African National... 

Investors in mining exploration should be incentivised – ANC’s ETC
Photo by Creamer Media
ANC document says mining exploration should be incentivised.

Return of foreign mineworkers taking double planned time   

By: Martin Creamer     13th July 2020 The return of the 12 500 foreign mineworkers to South Africa’s mines is taking double the time planned. The initial ten-day plan of Minerals Council South Africa has become a 20-day plan because of the need to overcome bottlenecks. 

Return of foreign mineworkers taking double planned time
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Tharisa revises production guidance downward, despite strong recovery in May, June

By: Marleny Arnoldi     9th July 2020 Considering Covid-19 lockdown restrictions in the second quarter of the year, JSE-listed chrome and platinum group metals (PGMs) miner Tharisa has revised downward its production guidance for the year ending September 30. The company now expects to produce between 130 000 oz and 135 000 oz of... 

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