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CSR News
Mopani transitions copper operations to care and maintenance 
By: Martin Creamer 7th April 2020 Copper mining company Mopani Copper Mines plc said on Tuesday that it had placed its mining operations on care and maintenance and a number of projects on hold. Mopani, owned 73.1% by Glencore, is an integrated copper producer located in the Copperbelt of central Zambia. →
De Beers contributes $2.5m Covid-19 funding to Botswana, Namibia
By: Martin Creamer 7th April 2020 Diamond mining and marketing corporation, the De Beers Group, on Tuesday announced that it would contribute $2 500 000 across Botswana and Namibia to aid the response to the Covid-19 crisis. De Beers Group is a 50/50 joint venture partner with both Botswana and Namibia in the recovery and sorting... →
Gold Fields promoting widespread human welfare during lockdown
By: Martin Creamer 7th April 2020 Gold mining company Gold Fields, which has placed its South Deep gold mine in Gauteng on care and maintenance for the 21-day lockdown period, is promoting human welfare funding cross a number of fronts during the Covid-19 crisis. Firstly, South Deep, the Westonaria mine with a 70-year life, will... →
Gold Fields executive VP Martin Preece
Standard Bank notes SARB’s hold-back guidance on dividends, bonuses
By: Martin Creamer 7th April 2020 Africa’s biggest bank by assets, Standard Bank Group, said on Tuesday that it had noted the contents of the guidance of the Prudential Authority of the South African Reserve Bank (SARB) on dividend distributions to ordinary shareholders. SARB’s Prudential Authority, headed by Kuben Naidoo, has... →
Anglo going to great lengths to support South Africa in its Covid-19 hour of need
By: Martin Creamer 6th April 2020 Diversified mining company Anglo American is going to remarkable lengths to support South Africa through the devastating Covid-19 crisis. The London- and Johannesburg-listed company, headed by Australian Mark Cutifani, is showing far-reaching corporate humanitarianism by taking firm steps to... →
Mark Cutifani
Minister finds Covid-19 compliant mines but also laggards
By: Martin Creamer 6th April 2020 As calls go out for mining to resume on April 17 or face serious setback, Mineral Resources and Energy Minister Gwede Mantashe has found excellent Covid-19 compliance by some coal mines that have been allowed to stay open to supply coal to Eskom – but inadequate response to directives by others.... →
Mineral Resources and Energy Minister Gwede Mantashe
DRD consulting with govt, labour to restart Far West Rand gold recoveries
By: Martin Creamer 3rd April 2020 Surface gold mining company DRDGold is considering re-starting operations at its Far West Gold Recoveries surface retreatment operation at Carletonville, south-west of Johannesburg, in consultation with government and organised labour. DRDGold CEO Niël Pretorius states on the company’s website... →
Niël Pretorius
Green energy driving uranium market
By: Halima Frost 3rd April 2020 With the global commitment to work towards net zero emissions being reaffirmed, the realisation that the world must transition to using the lowest carbon sources is gaining traction, World Nuclear Association senior communication manager Dr Jonathan Cobb tells Mining Weekly. He points out that... →
AngloGold hands over two hospitals to authorities for Covid-19 patients
By: Martin Creamer 2nd April 2020 Gold mining company AngloGold Ashanti has embarked on a remarkable number of humanitarian initiatives to slow the spread of the coronavirus pandemic, including making two of its mining hospitals available to the provincial governments of North West and Gauteng for the exclusive use by them to... →
All Antofagasta mines to be powered by renewables at lower cost
By: Martin Creamer 1st April 2020 All of the electricity of the mining division of the London-listed Chile-based Antofagasta plc will from 2022 be from renewable sources at lower cost. This follows the signing by Antofagasta’s Centinela copper mine of a new power purchase agreement with Engie Energía Chile, effective from 2022... →
Standard Bank meeting all capital and liquidity requirements
By: Martin Creamer 1st April 2020 Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call. Daehnke disclosed that the bank was benefitting from building up increased capital levels over the last few years in line... →
Covid-19 prompts Glencore to defer cash distribution, reinforce liquidity
By: Martin Creamer 31st March 2020 The coronavirus pandemic has prompted global diversified mining and marketing company Glencore to defer its proposed $2.6-billion distribution of cash and reinforce its $10.1- billion liquidity through the refinancing and extension of revolving credit facilities on the same commercial terms as... →
African Rainbow Minerals financial director to step down
By: Martin Creamer 31st March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) on Tuesday announced that its FD Abigail Mukhuba would be stepping down with effect from the end of September to pursue a new career, and that ARM senior executive finance: corporate and tax... →
Assore halts mines and smelters, prioritises on-time supplier payment
By: Martin Creamer 31st March 2020 Mining and marketing company Assore, which is delisting from the Johannesburg Stock Exchange after 70 years, on Tuesday informed its shareholders that it had taken lockdown steps following the increased incidents of COVID-19 in South Africa. Assmang, which is half owned by Assore and jointly... →
Charles Walters
Solidarity Fund sets aside R100m to procure protective equipment for frontline health workers
By: Terence Creamer 30th March 2020 The Solidarity Fund announced on March 30 that it would be using a portion of the R500-million raised during its first week of operations to facilitate the emergency procurement of the personal protective equipment – including five-million face masks – that was urgently required by public and... →
Proudly South African hydrogen breakthrough with Shell’s backing
By: Martin Creamer 30th March 2020 At this time of huge coronavirus uncertainty, the chests of a group of engineers here must surely be bulging with pride following their major Proudly South African world breakthrough that could speed up the global deployment of hydrogen as a competitive universal and environmentally friendly... →
Hydrox Holdings membraneless electrolyser.
Mining could be enormous post-virus stabiliser – Minerals Council
By: Martin Creamer 29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post coronavirus, South Africa would... →
ARM, Motsepe family play key roles in R1bn coronavirus pledge
By: Martin Creamer 28th March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) and the Motsepe family on Saturday formed the key part of the partnership of companies and organisations that have pledged R1 billion to assist with the current coronavirus (Covid-19) pandemic... →
Dr Patrice Motsepe and Dr Precious Moloi-Motsepe at Saturday's remote media conference using the Internet to ensure social distance.
Covid-19 a wake-up call on import over-dependency – Madala
By: Martin Creamer 27th March 2020 The outbreak of Covid-19 internationally should be a wake-up call on the impact of South Africa’s dependency on imported products, Madala & Associates CEO Dilley Naidoo said on Friday. He urged that policies parallel to what was being implemented in the automotive sector should be prioritised in... →
Miner confident of new licence
By: Cameron Mackay 27th March 2020 Local coal miner Canyon Coal has applied for a new water use licence (WUL), in terms of the National Water Act, to develop its De Wittekrans coal project. De Wittekrans has an environmental authorisation, a mining right and a WUL. The reserve will be mined using opencast and underground mining... →
Coal remains vital to energy mix
By: Cameron Mackay 27th March 2020 Despite increased regulatory pressure regarding the environmental impacts of its mining, storage and use in power generation, coal is still essential to the local energy mix, says engineering consultancy WSP power generation consultant Wayne Lindecke. “We are not naïve to the negative... →
R2.8bn staff housing project continues apace
By: Halima Frost 27th March 2020 Platinum group metals mining company Royal Bafokeng Platinum (RBPlat) has to date invested almost R1-billion, of a projected R2.8-billion, in the housing project devised for its staff, in line with its aspirational creed to engage in “More than Mining”. The intention with the housing project is... →
New gold futures contract launched – LBMA
By: Martin Creamer 26th March 2020 A new gold futures contract just launched has expanded delivery options, London Bullion Market Association (LBMA) said on Thursday. The membership of LBMA, a gold and silver trade association, is made up of banks, traders and logistics companies across the world, resulting in it being given... →
LBMA executive board director Sakhila Mirza.
Global mining majors putting bright new spotlight on green hydrogen
By: Martin Creamer 25th March 2020 Three years ago the Hydrogen Council catapulted hydrogen to the forefront as a source of energy for transport and industrial companies. Now mining majors are putting the spotlight on hydrogen once again with the launch of the Green Hydrogen Consortium, which Hatch marketing coordinator Alana... →
If we don’t take climate change seriously, God help us – Mxolisi Mgojo 
By: Martin Creamer 23rd March 2020 Coal mining company Exxaro Resources, which acknowledges coal’s negative impact on climate in a 20-page publication just released, expresses the view that a just transition to a low-carbon future should inform global climate action. “If we don’t take climate change issues very, very seriously,... →
Policy crucial to decarbonisation
By: Cameron Mackay 20th March 2020 The local mining industry, while dealing with challenges stemming from production decline over the past few years, is witnessing an evolving regulatory landscape, particularly with the development of an integrated carbon and air-quality regulatory framework. According to the Intergovernmental... →
Company provides local mining carbon tax solution
By: Cameron Mackay 20th March 2020 Information technology (IT) solutions provider EDS Systems, a subsidiary of Economic Development Solutions (EDS), is set to provide a cloud-based IT solution to help local miners calculate and comply with the Carbon Tax Act regulations. EDS provides services to the local mining,... →
Necessity drives drill bit innovation
By: Darren Parker 20th March 2020 Drilling solutions provider Lesedi Drilling and Contract Mining, in collaboration with its subsidiary, drill bit supplier Thriftline, has developed a removable reaming shell for its diamond drill bits, which the company believes will significantly reduce drilling consumable expenses. The reaming... →
Kangra awaits licence approvals
By: Cameron Mackay 20th March 2020 Local coal miner Kangra Coal is planning an extension to its Savmore/Maquasa coal mining operation, in Mpumalanga, with Kangra Coal environmental specialist Niketiwe Dlamini noting that the company is awaiting the approval and issuing of the necessary environmental licences. The miner is required... →
Question marks over protracted re-entry of trimetal PGM catalysis
By: Martin Creamer 19th March 2020 Trimetal catalysts, which use three platinum group metals (PGMs) rather than two and thereby balance PGM demand, have a multi-decade history of curbing gasoline vehicle emission, which poses question marks over why their re-adoption should be so protracted. New York-based CPM Group MD Jeffrey... →
CPM Group MD Jeffrey Christian
Every effort must be made to ensure economy ‘does not grind to a halt’
By: Terence Creamer 16th March 2020 Finance Minister Tito Mboweni stressed on Monday that, before contemplating any possible stimulus package to address the negative economic effects of the Covid-19 pandemic, all efforts should be geared towards ensuring that the already weak domestic economy “does not grind to a halt”. A failure... →
Finance Minister Tito Mboweni
Clean fuel pivotal for engine life
By: Mamaili Mamaila 13th March 2020 Clean, uncontaminated fuel is key to optimal fuel system performance and engine longevity in the mining industry, says filtration designer and manufacturer Cummins Filtration mining sales manager Tinus Naude. →
Coal miner Exxaro driving rigorous renewable energy strategy
By: Martin Creamer 12th March 2020 South Africa’s electricity generation crisis has created major opportunities for companies, businesses and individuals to start generating their own power, Exxaro CEO Mxolisi Mgojo said on Thursday when the JSE-listed black-empowered company declared generous dividends following a resilient 2019... →
Exxaro lifts dividend, creates jobs, supports enterprises
By: Martin Creamer 12th March 2020 Black-controlled diversified resources group Exxaro, which created 746 jobs and supported 30 small, medium-sized and microenterprises in the twelve months to December 31, reported a R235-million top-line 2019 increase, raised its dividend payout and lifted headline earnings a share. Core earnings... →
Exxaro CEO Mxolisi Mgojo.
New catalyst technology bodes well for platinum – Implats
By: Martin Creamer 11th March 2020 The newly announced tri-metal catalyst technology that rebalances market demand for platinum group metals bodes well for platinum, Implats CEO Nico Muller said on Wednesday. The tri-metal catalyst technology, which involves the use of palladium, rhodium and platinum in various degrees of loading,... →
Implats CEO Nico Muller
Coronavirus likely to cause drastic price falls – Menar
By: Martin Creamer 9th March 2020 The reduction in the consumption of mined products that the coronavirus was causing would likely result in a drastic fall in prices, Menar MD Vuslat Bayoğlu said on Monday. Metals and minerals like manganese, chrome, iron-ore and metallurgical coal were not being consumed at the rate they were... →
Explosion closes Amplats plant, Sibanye plans using own facilities
By: Martin Creamer 6th March 2020 Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) has been dealt a major output blow at a time of sky-high palladium and rhodium prices and high PGM basket prices. The JSE-listed company, which last month reported spectacularly high financial results that... →
Matte tapping at the Anglo Converter Plant, which has been temporarily shut.
Exxaro appoints first-ever female mining manager
By: Simone Liedtke 6th March 2020 Diversified miner Exxaro Resources has appointed Tamara Qwatekana as the company’s first ever female mining manager. She will be based at Exxaro’s digital connected mine in Belfast, Mpumalanga. →
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