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CSR News
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’ 
By: Martin Creamer 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... →
Petra agrees to settlement over human rights abuses claims
By: Tasneem Bulbulia 12th May 2021 A settlement has been agreed with diamond miner Petra Diamonds following claims of serious human rights abuses at its majority-owned Williamson diamond mine in Tanzania. Law firm Leigh Day has agreed the settlement on behalf of 71 claimants who allege that they suffered serious human rights... →
Renewable energy projects under investigation across AngloGold 
By: Martin Creamer 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
By: Martin Creamer 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... →
AngloGold Q1 earnings rise to $203m despite lower production, higher costs
By: Martin Creamer 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... →
AngloGold Ashanti interim CEO Christine Ramon
Gold Fields going greener and cleaner across broad front
By: Martin Creamer 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... →
Gold Fields' South Deep gold mine, near Carletonville
Pumps acceptance testing achieved remotely
7th May 2021 Local pumps manufacturer KSB Pumps and Valves has launched an innovative online acceptance test procedure that no longer requires customers or their engineering teams to be present when acceptance testing takes place. “Acceptance tests and final inspection are an essential proof of compliance... →
Substantial water savings add up
7th May 2021 Solid liquid separation specialists Watercare Mining, in a case study published last month, highlighted cost savings of about R760 000 a month, following its upgrade of a mine’s water treatment plant. The upgrade of the existing water treatment plant entailed the optimised use of abundant and... →
Grads’ community involvement an upside during lockdown
By: Darren Parker 7th May 2021 For original-equipment manufacturer Weir Minerals Africa, a positive consequence of the Covid-19 lockdown last year was that graduates in the company’s graduate programme were introduced to more community work than they otherwise would have been. “It has become one of the highlights in terms of... →
Academy’s upgrades embrace Industry 4.0 approach
By: Darren Parker 7th May 2021 Occupational technical skills and safety training facility Murray & Roberts Training Academy (MRTA) has invested in a series of additions and upgrades to further ensure that learners are better prepared for the digitised, mechanised and automated future of mining. One of the most significant... →
Business skills offered at platinum mine
By: Darren Parker 7th May 2021 Engineering, design and project management company COENG is providing business skills development training for small, medium-sized and microenterprises (SMMEs) at the Mogalakwena platinum mine, in Limpopo. The three-month development programme, presented by COENG in partnership with platinum... →
Learnerships benefit entire economy
By: Darren Parker 7th May 2021 Providing education in the form of learnerships, apprenticeships or internships should not be regarded as merely a means of achieving skills development points or ensuring a good broad-based black economic empowerment (BBBEE) rating, but rather as a means of benefiting and strengthening the... →
Mechatronics added to training offering
By: Darren Parker 7th May 2021 Sandvik Mining and Rock Solutions’ South African operation has introduced a 12-month mechatronic training programme. The first intake of ten apprentices was in January and the second intake will take place in July. “There is a shift across the market towards using more intelligent machines. The... →
New training centre for diamond mine
By: Darren Parker 7th May 2021 Diamond mining company De Beers Group – majority owned by diversified mining major Anglo American – is constructing a new training facility at its Venetia Diamond Mine, in Limpopo, to facilitate the transitional training of personnel for the Venetia Underground Project (VUP). The VUP is under way... →
Pandemic highlights value of digital learning
By: Darren Parker 7th May 2021 The Covid-19 pandemic made all sectors realise just how powerful the online technology at our disposal truly is, says University of Pretoria (UP) project management associate Professor Giel Bekker. “Platforms, such as Skype, Zoom, GoToMeeting and Microsoft Teams, were available, but the real... →
Local clarification, dewatering system going global
By: Halima Frost 7th May 2021 Water treatment specialist Watercare Mining tells Mining Weekly that it is in talks with mining houses in Australia, Canada, India and Europe to incorporate the Watercare Integrated High-Rate Clarifier and Dewatering (IHRC&D) system as part of early feasibility studies for various mine... →
New mining filtration solutions launched
7th May 2021 Minerals and metals processing technology company Metso Outotec announced last month that it would be launching a comprehensive range of smart and sustainable filtration solutions to meet the needs of the mining industry. The filtration solutions will also address the needs of demanding... →
Skills development integral to sector mandate
By: Darren Parker 7th May 2021 The mining industry needs to employ more skilled workers with higher qualifications to progress and modernise, which will, in turn, enable the industry to operate safer and more efficiently, says mining investment company Menar group social licensing manager Xolile Mankayi. Menar runs several... →
Plant destined for coal mine
7th May 2021 Water solutions provider Clean TeQ Water, in March, announced that it had been awarded a contract to design, procure, deliver and install a BIONEX water treatment plant at a coal mine in inner Mongolia, China. “We have persisted for a long time to make inroads into the very large Chinese water... →
Gold Fields on track to deliver on guidance
By: Martin Creamer 6th May 2021 Notwithstanding the impact of Covid-19, gold mining company Gold Fields produced attributable equivalent gold production of 541 000oz, which was largely flat year-on-year and down 9% quarter-on-quarter. The Johannesburg- and New York-listed company stated on Thursday, when it provided an... →
Gold Fields CEO Chris Griffith
Barrick’s Bristow criticises resurgence of market-plaguing short-termism
By: Martin Creamer 5th May 2021 The rise in the gold price has prompted a resurgence of the short-termism which has plagued the market, with some investors focusing on short-term gains rather than sustainable growth, Barrick Gold CE Dr Mark Bristow said on Wednesday, when his New York- and Toronto-listed company paid a... →
Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus
By: Martin Creamer 4th May 2021 The use of ruthenium in fuel cells is poised to decline in line with the growing trend towards the generation of green hydrogen. “We believe that the use of ruthenium in fuel cells will come down, as the trend to green hydrogen will bring with it purer feeds with less carbon monoxide impurities,... →
Gold Fields ramping up climate change mitigation measures
By: Donna Slater 30th April 2021 Gold miner Gold Fields derived 5% of its group electricity from renewable sources in 2020. It plans to further ramp this up in the coming years, its 2020 Climate Change Report shows. At its Agnew operation, in Australia, the miner derived 57% of its electricity from renewable sources, mostly... →
AP Ventures makes yet another promising hydrogen investment
By: Martin Creamer 30th April 2021 Venture capital funds manager AP Ventures has made yet another promising investment the fast-growing hydrogen sector, Mining Weekly can today report. AP Ventures Fund II focuses on hydrogen and its role in decarbonising energy and this latest investment is set up to contribute to establishing a... →
Report reveals poor ESG risk management
By: Donna Slater 30th April 2021 The results of a March study into environment, social and governance (ESG) due diligence and transparency in the extractive commodity trading sector reveals that, while corporate commitments on ESG issues are relatively widespread, these commitments are rarely shown to be translated into... →
Miner’s plans bolstered by positive gold market
30th April 2021 Dual-listed major Gold Fields’ subsidiary Gold Fields Ghana (GFG) is always seeking opportunities to expand its portfolio within the West Africa region, explains Gold Fields executive VP and West Africa head Alfred Baku. “Gold has performed very well on the global market since 2020, which could,... →
PGMs in all three drive trains if Lion Battery initiative is successful – Anglo
By: Martin Creamer 29th April 2021 If the Lion Battery Technologies initiative proves successful, platinum group metals (PGMs) will feature in all three of the world’s drive trains, Anglo American executive head of PGM market development Benny Oeyen said on Thursday. This would mean that PGMs would not only play key roles in... →
ERG issues action pledge in support of the elimination of child labour
By: Tasneem Bulbulia 29th April 2021 Diversified natural resources group Eurasian Resources Group (ERG) has submitted an action pledge to accelerate efforts to eradicate child labour worldwide in support of the United Nation’s designation of 2021 as the International Year for the Elimination of Child Labour. Administered by the... →
Mining policy should be hugely supportive of exploration’s multiplier magic – investor
By: Martin Creamer 28th April 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... →
Tackling climate change could not be more urgent – Anglo American
By: Martin Creamer 26th April 2021 Tackling climate change could not be more urgent, Anglo American said on Monday when it presented its biannual sustainability performance update. “For the emissions that we control in our business, we have come a long way, delivering our 2020 target to reduce greenhouse gas emissions by 22% a... →
From left, clockwise Mark Cutifani, Anik Michaud and Stephen Pearce
Anglo explores PGMs-based tech to simplify hydrogen storage in electric vehicles
By: Martin Creamer 26th April 2021 Diversified mining and marketing company Anglo American, through its platinum group metals (PGMs) business Anglo American Platinum, is partnering with Umicore to research and develop technology that has the potential to transform the way hydrogen can be stored and used to power fuel cell electric... →
Anglo American executive head of PGMs market development Benny Oeyen
4IR technologies key focus for precinct, council
By: Halima Frost 23rd April 2021 Mandela Mining Precinct Real-Time Information Management Systems (RTIMS) programme manager Jean-Jacques Verhaeghe tells Mining Weekly that its focus for 2021 is primarily on the implementation of baseline Fourth Industrial Revolution (4IR) technologies for mining. The RTIMS programme, one of six... →
Empowered Ntsimbintle strengthens standing in manganese mining 
By: Martin Creamer 20th April 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
By: Martin Creamer 19th April 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... →
Sibanye launches campaign to reimagine, foster Marikana community of the future
By: Donna Slater 16th April 2021 Precious metals miner Sibanye-Stillwater has launched the Marikana Renewal Programme to tackle the legacy of the Marikana mine following the August 16, 2012, killing of 34 mineworkers by the South African Police Service. Sibanye had acquired the Marikana mine when it bought out Lonmin in 2019.... →
Emerging coal changes poised to present new electricity price risk
By: Martin Creamer 15th April 2021 South Africa’s emerging coal mining changes are poised to present new electricity price risk as the Treasury and Eskom are called upon to consider the softening of uneconomic contractual coal-supply obligations. An example of this is Treasury being asked to authorise Eskom paying more to Seriti... →
AngloGold establishes BG Umoja JV to build local specialised mining capacity
By: Donna Slater 15th April 2021 Gold miner AngloGold Ashanti, in line with its strategy to ensure a sustainable contribution to the economies in host countries, has established the BG Umoja joint venture (JV), in Tanzania. The JV has been awarded a $186-million two-year mining contract for the Nyankanga and Geita Hill... →
'Deeds, not words': mining firms reshape boardrooms as investors demand sustainability
By: Reuters 13th April 2021 Under fire after a string of high-profile disasters, mining firms are shaking up their boardrooms in response to criticism that they are failing to meet their own environmental, social, and governance standards. Shareholders are demanding change from an industry whose reputation has been... →
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