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CSR News
Rhodium again top performer in RBPlat’s revenue basket 
By: Martin Creamer Updated 7 hours ago Rhodium was once again the top performer in the revenue basket for platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat), the revenue of which was up 108.1% to R9 584.3-million in the six months to June 30. The average rhodium price for the period increased threefold to $25... →
30 MW solar study will be concluded in second quarter of 2022 – RBPlat
By: Martin Creamer 3rd August 2021 The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and... →
Southern Africa part of Germany’s platinum-boosting green hydrogen strategy
By: Martin Creamer 2nd August 2021 Green hydrogen, which can be generated and then used with the help of Southern Africa’s platinum group metals (PGMs), is a topic that has gained a lot of importance in recent months in the context of limiting global warming and meeting the world’s decarbonisation goals. In Germany, the increased... →
Anglo working towards collaborative decarbonised energy advance across South Africa
By: Martin Creamer 30th July 2021 Anglo American, which will have all of its South American operations on renewable energy by the end of next year, is working towards trying to achieve a collaborative multi-company government- and Eskom-linked decarbonised energy advance across South Africa. Speaking to Mining Weekly in a Zoom... →
Success in sustainable community development initiative
By: Anna Moross 30th July 2021 Global diversified resources company Eurasian Resources Group (ERG) has pledged more than $1-million over the past four years to support its activities in the Democratic Republic of Congo (DRC), in partnership with nonprofit organisation the Good Shepherd International Foundation (GSIF). →
Developing social climate spurs ESG activity
By: Anna Moross 30th July 2021 Proactive action in environmental, social and corporate governance (ESG) initiatives highlights the increasing importance of companies showing transparency and accountability in the ever-evolving social climate, explains Old Mutual Investment responsible investing group head Jon Duncan. →
ESG is the cornerstone of creating sustainable value
30th July 2021 Environmental, social and corporate governance (ESG), as with corporate social responsibility (CSR), has become increasingly important for mining companies’ survival and sustainable operation, says gold producer Pan African Resources, which adds that non-financial aspects are also considered by... →
Diamond major releases inaugural impact report
30th July 2021 The world’s largest diamond miner by volume Alrosa, earlier this month released its first ever Impact Report, which summarises its social and economic progress in Yakutia – which hosts 90% of Alrosa’s operations – over the last decade. Yakutia is one of the world’s richest regions in terms of... →
Company provides crucial relief for community
By: Anna Moross 30th July 2021 Stainless steel producer Columbus Stainless aims to ensure the educational and social welfare of the Steve Tshwete local community through financial contributions and fundraising, says Columbus Stainless corporate affairs manager Nomsa Thosa. →
Miner empowers local communities
By: Anna Moross 30th July 2021 Investment company Menar subsidiary Canyon Coal has a longstanding history of ensuring social and economic development to empower local communities, says Menar social labour plan manager Nthabiseng Mueti. →
Risk management is an ESG imperative
By: Anna Moross 30th July 2021 There is a close correlation between sustainable development and environmental, social and governance (ESG) concerns, says South African gold producer DRDGOLD CEO Niël Pretorius. →
How eight entrepreneurs helped shape the South African economy
30th July 2021 In this exploration of eight famous, and not so famous, South African entrepreneurs, economic historian Stefan Schirmer celebrates the dynamism, tenacity and ingenuity of these individuals, while delving into the complexities of building successful enterprises in a society so deeply scarred by... →
Anglo on trajectory towards becoming minerals solutions provider
By: Martin Creamer 29th July 2021 Diversified mining and marketing company Anglo American, which shot the lights out on Thursday with the presentation of an all-time record set of half-year results, is on its way to becoming a minerals solutions provider rather than a digger of holes. The London- and Johannesburg-listed Anglo is... →
World-beating Anglo reports record half-year earnings of $12.1bn
By: Martin Creamer 29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... →
Computing, food tech among many new PGM opportunity areas – Anglo Platinum
By: Martin Creamer 28th July 2021 The computing world is an opportunity area for platinum group metals (PGMs), along with food technology, alloy development, medical advance, waste control, battery and storage – and that is on top of the now much-celebrated and pervasive green hydrogen feedstock phenomenon. JSE-listed Anglo... →
Exuberant Kumba Iron Ore’s stakeholders receive R51bn shared value boost
By: Martin Creamer 27th July 2021 Anglo American group iron-ore mining company Kumba Iron Ore, which has achieved record half-year earnings with great exuberance, has shared a sky-high first-half R51-billion with its spread of stakeholders that take in the fiscus, local suppliers, nearby communities, employees, shareholders and... →
Anglo Platinum evaluating multiple renewable energy forms
By: Martin Creamer 26th July 2021 As a result its geographic distribution across South Africa, the Anglo American group is collectively evaluating options to access multiple forms of renewable energy, Anglo American Platinum (Amplats) CEO Natascha Viljoen said on Monday. The JSE-listed company has already completed the design and... →
High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost
By: Martin Creamer 26th July 2021 The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact... →
Anglo American Platinum CEO Natascha Viljoen
Metals make climate change mitigation possible – Citi Research
By: Martin Creamer 23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... →
Report calls for freeze on new coal, warns of risks if energy transition is delayed
By: Terence Creamer 23rd July 2021 South Africa should freeze investment in new private coal plants, as delaying South Africa’s “inevitable” transition away from the carbon-emitting energy mineral will cause economic damage, a new Trade & Industrial Policy Strategies (TIPS) analysis on the country’s coal value chain states.... →
Extremely strong demand for platinum bar and coin – WPIC
By: Martin Creamer 22nd July 2021 Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds (ETFs), mainly out of North America and Europe, World Platinum Investment Council (WPIC) head of research Trevor Raymond said... →
Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers
By: Martin Creamer 21st July 2021 More than 14 000 South Africans now own shares in the discovery and development mining company Orion Minerals, which is reflective of retail investment that can be stimulated in South Africa to support essential local minerals exploration. What is also extremely promising is that the dual listed... →
ERG’s agriculture programme bears fruit for communities in the DRC
By: Marleny Arnoldi 20th July 2021 Communities near Eurasian Resources Group’s (ERG’s) Frontier mine, in the Democratic Republic of Congo (DRC), have been benefiting from the company’s agricultural development project called Chawama. The project involves equipping local farmers with the technical, business and marketing know-how... →
Anglo increasingly focused on future-enabling decarbonising metals, minerals – Cutifani
By: Martin Creamer 20th July 2021 The portfolio and growth investments of diversified mining company Anglo American is increasingly focused future-enabling metals and minerals that are critical to decarbonising energy and transport and to meeting consumers' growing needs, from luxury to everyday life. This was stated by Anglo... →
Mine achieves massive earnings boost after employing four more people
By: Martin Creamer 19th July 2021 Guided by a value driver tree (VDT) study, an opencast mine increased its earnings massively after employing four additional operators at comparatively negligible cost. The operation’s earnings before interest, taxes, depreciation and amortisation (Ebitda) soared hugely from $634.3-million to... →
Clean, green copper to be produced at Kamoa’s hydropowered DRC operation
By: Martin Creamer 16th July 2021 Clean, green copper is to be the order of the day at the Kamoa Copper operation in the Democratic Republic of Congo, where the Ivanhoe Mines-Zijin operation has secured clean, renewable hydro-generated electricity. “The upgrade of the Mwadingusha hydropower plant has been very successful. The... →
Hydrogen economy can create 30-million jobs, Japanese professor calculates
By: Martin Creamer 14th July 2021 Thirty-million jobs can be created through the introduction of the hydrogen economy to decarbonise the world, HyWealth founder and CEO Professor Katsuhiko Hirose said on Wednesday. While hydrogen is currently more expensive than fossil fuel, green hydrogen will be the cheapest solution by 2050,... →
Life in mining-dependent countries significantly improved – ICMM
By: Martin Creamer 14th July 2021 Life in mining-dependent countries has improved significantly in the 23 years leading up to 2018, with strong governance the key to improving socio-economic well-being, the International Council on Mining and Metals (ICMM) said on Wednesday. A report that analysed 41 social metrics grouped under... →
Exploration is quick foreign investment ‘no brainer’, says Minerals Council’s Smart
By: Martin Creamer 13th July 2021 Exploration is one of the quickest ways to secure foreign direct investment into South Africa for the generation of desperately needed jobs and wealth during the country's hour of need, said Minerals Council South Africa junior and emerging miners’ leadership forum chairperson Errol Smart on... →
Social impact underestimated
By: Darren Parker 9th July 2021 Many mines in Africa have underestimated their social impact and often struggle to manage this constructively, consulting engineer and scientist firm SRK Consulting partner and principal scientist Wouter Jordaan tells Mining Weekly. He says an added complication is the shift in corporate culture... →
ESG implementation improves in African mining
By: Darren Parker 9th July 2021 As environmental, social and corporate governance (ESG) reporting improves, so does the implementation of the resulting policies across the African mining industry, consulting engineer and scientist firm SRK Consulting director and principal consultant Andrew van Zyl tells Mining Weekly. He says... →
No simple solution to illegal mining in Africa
By: Darren Parker 9th July 2021 There is no “one-size-fits-all” solution to combat the rise of illegal mining and the associated artisanal and small-scale mining (ASM) industry in Africa, says diversified mining and exploration company Emiral Resource founder Boris Ivanov. ASM is a legal industry in many African countries, with... →
New security technologies increasing in Africa
By: Darren Parker 9th July 2021 Mining companies operating in Africa are increasing their investment in new security technologies, and are procuring services that help them to refine security strategies and security implementation, diversified mining and exploration company Emiral Resource founder Boris Ivanov tells Mining... →
Gold heading towards ‘refuge of choice’ status, says incoming AngloGold CEO
By: Martin Creamer 6th July 2021 Gold is poised to be a "refuge of choice" in the years ahead owing to the extent to which money is being printed and world debt is rising, AngloGold Ashanti CEO-designate Alberto Calderon said on Tuesday. Speaking to Mining Weekly in a Microsoft Teams interview ahead of taking office on September... →
Yamkela Makupula clinches exciting Rockwell-linked alluvial diamond deal
By: Martin Creamer 5th July 2021 Alluvial diamond mining investor Yamkela Makupula has clinched an alluvial diamond mining transaction which makes her a 30% shareholder in three diamond assets that have a link with the former Rockwell Diamonds. Makupula, who leads the Africa growth strategy of international law firm Diaz, Reus,... →
Mining vital to economy, can help guide country's path – President
By: Martin Creamer 5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... →
Pact drives responsibility in artisanal mines
2nd July 2021 A new programme, funded by the European Partnership for Responsible Minerals (EPRM), will support artisanal and small-scale mining (ASM) in southern Peru to formalise their activities and further adopt responsible practices, enabling them to operate more safely, while safeguarding the environment... →
Manufacturer invests in autonomy research
By: Halima Frost 2nd July 2021 As part of a continuous effort to optimise payload and improve customers’ profit margins, while decreasing emissions and impact on the environment, South African earthmoving equipment provider Bell Equipment has invested heavily in research and development in its drive toward realising full... →
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