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CSR News

Mining sector’s pursuit of ‘zero harm’ continues

By: Simone Liedtke     19th April 2019 The South African mining industry has continuously recommitted to the shared aspiration of zero harm, which aims to ensure that mineworkers return home from work unharmed every day. While there was an 86% decline in the number of fatalities from 1994 to 2016, the death of 90 mineworkers marked a... 

Orion reawakening geological giant in Northern Cape 

By: Martin Creamer     18th April 2019 Three years ago, Orion Minerals was trading at an eighth of an Australian cent a share. It had a market capitalisation of $4-milllion and set out to find something that could be turned into a mine. The good news is that the company found that opportunity in South Africa, and its share price has... 

Orion reawakening geological giant in Northern Cape
Mining Weekly Online’s Martin Creamer interviewing Orion Minerals CEO Errol Smart. Video: Nicholas Boyd. Photographs: Dylan Slater.

Five-month gold strike is over 

By: Martin Creamer     17th April 2019 The five-month strike by the Association of Mineworkers and Construction Union (AMCU) at Sibanye-Stillwater’s South African gold operations is over. Parties have acknowledged that it is in their interest to rebase and develop a constructive relationship going forward, Sibanye-Stillwater said in a... 

Eager black investors fund premium-priced opportunity in zinc, copper 

By: Martin Creamer     17th April 2019 Black investors have self-funded the purchase of shares at a premium price in the fast-tracked redevelopment of the Prieska zinc and copper mine in the Northern Cape, which has a three-year payback and a minimum mine life of ten years. The $8-million equity capital raising by Orion Minerals,... 

Eager black investors fund premium-priced opportunity in zinc, copper
Photo by Creamer Media Chief Photographer Dylan Slater
Orion Minerals’ ‘meet-the-media’ attendees were from left: Jowell Tobias, Godfrey Gomwe, Billy Mawasha, Michelle Jenkins, Errol Smart, Nelson Mosiapoa, Tom Borman, Sharon Matthews and Roger Matthews.

Orion clinches potent new-style empowerment deal  

By: Martin Creamer     16th April 2019 Sydney- and Johannesburg-listed exploration and mining development company Orion Minerals has found a formula to achieve empowerment that puts all shareholders at full participation and contribution. “What we’ve arrived at is a fantastic win-win scenario,” an overjoyed Orion CEO Errol Smart told... 

Orion clinches potent new-style empowerment deal
Orion Minerals CEO Errol Smart (left) interviewed by Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Photographs: Dylan Slater.

Mineral-rich West Africa shows much potential

By: Mamaili Mamaila     12th April 2019 The cheerful mood among operators at the 2019 Investing in African Mining Indaba, coupled with some proactive and innovative governments competing for attention, suggests that the West African mining sector’s vast potential may increasingly be realised through the successful development of new... 

Mineral-rich West Africa shows much potential
POTENTIAL PERFORMANCE The West African mining sector’s vast potential could be realised through successful proactive project development

Exploration trends likely to improve significantly in West Africa

By: Mamaili Mamaila     12th April 2019 While mining progress in West Africa will vary from country to country, with one or two discrete discoveries, developments often set significant change into motion, says engineering consulting company SRK Consulting South Africa partner and principal consultant Andrew van Zyl. Recent studies have... 

Exploration trends likely to improve significantly in West Africa
ANDREW VAN ZYL Energy and power solutions in mining must also facilitate support from local communities

Minerals Council calls for delay of at least five years in carbon tax implementation

By: Rebecca Campbell     12th April 2019 The Minerals Council South Africa (Minerals Council), the representative body for the mining industry in the country, has called on government to delay the implementation of the new carbon tax. “The Minerals Council would like to see a delay of at least five years for the implementation of the... 

Minerals Council calls for delay of at least five years in carbon tax implementation

Technical assessments launched after housing damage in Ogies  

By: Marleny Arnoldi     5th April 2019 Mineral Resources Minister Gwede Mantashe says technical assessments will be undertaken in Ogies, Mpumalanga, to determine whether cracks in the Phola community’s houses have been as a result of three nearby mines’ activities. This follows after the Minister consulted the Phola community, near... 

Anglo taking tailings dam monitoring to next level 

By: Martin Creamer     4th April 2019 Diversified mining company Anglo American is implementing new techniques that give the company far more control over tailings dams, which have been thrown into the spotlight after the tragic loss of life at Brumadinho, in Brazil, where an iron-ore tailings dam collapsed at Vale’s Corrego do... 

Anglo taking tailings dam monitoring to next level
Photo by Anglo American
How Anglo American is reducing tailings dam risk

Anglo hopes to run truck on hydrogen in 12 months – O’Neill 

By: Martin Creamer     3rd April 2019 Diversified mining company Anglo American hopes to have a truck running on hydrogen in the next 12 months, Anglo American technical director Tony O’Neill said on Wednesday, when he spoke of foreseeing the company’s installed diesel fleet one day being replaced by an electrical alternative.   To... 

Anglo hopes to run truck on hydrogen in 12 months – O’Neill
Photo by Anglo American
Graphic showing how sun can provide electricity to produce hydrogen that powers mine fleets.

Mining stakeholders unable to assess effectiveness of sustainability investments – analyst

By: Nadine James     29th March 2019 Companies face immense pressure to positively contribute to the alleviation of pressing environmental, social and economic issues, owing to combined expectations and scrutiny of asset managers, stock exchanges, current and prospective employees as well as consumers, notes sustainability... 

Mining stakeholders unable to assess effectiveness of sustainability investments – analyst
MORE THAN JUST HOUSES Sustainability reporting should focus more in the impact rather than the output, instead of just noting how many houses the mine built, report on how many people the mine has housed

Under Mantashe, SA mining’s narrative changes from ‘completely negative’ to ‘something approaching positive’

By: Natasha Odendaal     29th March 2019 Stability, policy and regulatory certainty and rebuilding trust have been key themes in Mineral Resources Minister Gwede Mantashe’s first year in office. Taking the reins on February 27, 2018, of a government department overseeing one of the most difficult and fragmented industries in South... 

Under Mantashe, SA mining’s narrative changes from ‘completely negative’ to ‘something approaching positive’

Exxaro unveils new ultramodern headquarters 

By: Martin Creamer     28th March 2019 South Africa’s largest coal producer and black-empowered coal company Exxaro has unveiled its new ultramodern headquarters. The conneXXion, in Centurion, has e-parking bays for employees to charge their electric or hybrid vehicles while they work, and attractive central staircases to encourage... 

Exxaro unveils new ultramodern headquarters
New Exxaro headquarters

Exciting DRDGold expertise deserves international prominence – Froneman 

By: Martin Creamer     27th March 2019 The exciting gold-from-tailings expertise of DRDGold, which has decades of experience in recovering precious metals profitably from mine dump material, deserves international prominence which Sibanye-Stillwater intends to afford it, CEO Neal Froneman said on Wednesday. Froneman drew attention to... 

Exciting DRDGold expertise deserves international prominence – Froneman
Photo by Wynand van der Merwe
Sibanye-Stillwater CEO Neal Froneman with Joburg Indaba chairperson Bernard Swanepoel

Galane donates Galaxy shares to Phakamani Foundation

By: Marleny Arnoldi     20th March 2019 TSX-listed Galane Gold has completed the donation of 17% total issued share capital of Galaxy Gold Mining to the Phakamani Foundation, as part of its empowerment requirements in South Africa. Phakamani is a development micro-finance institution that provides loans to expose entrepreneurs to... 

Menar’s Canyon offers Eskom cheaper coal on open-book basis  

By: Martin Creamer     19th March 2019 Coal mining company Canyon Coal, a Menar group company, is prepared to offer coal to State-owned electricity utility Eskom at a cheaper price on an open-book basis from two new projects. The Menar group, which does not supply coal to Eskom at present, employs 3 500 people on a R7-billion asset... 

Menar’s Canyon offers Eskom cheaper coal on open-book basis
Menar MD and Canyon Coal executive chairperson Vuslat Bayoğlu talks to Mining Weekly Online’s Martin Creamer. Photos: Creamer Media’s Dylan Slater. Video: Nicholas Boyd

Company readies itself to be key supplier

By: Halima Frost     15th March 2019 Germany-based coal cutting machinery and gearbox manufacturer and its subsidiary Eickhoff SA is strategically gearing up to comply with the black economic empowerment (BEE) and Mining Charter requirements in the local market. In January, Eickhoff SA finalised the transition from a Level 8 BEE... 

Company readies itself  to be key supplier
ON AND ON . . . The continuous miner delivered to Exxaro last year has shown good return on investment

Eskom reform urgent to restore ferrochrome potential 

By: Martin Creamer     12th March 2019 The demise of State power utility Eskom has caused South Africa to lose its optimal position in the lucrative ferrochrome business. Because of Eskom’s decline, unbeneficiated chrome ore exports from South Africa to China have enabled the Asian giant to ascend up the ferrochrome production ladder. 

Eskom reform urgent to restore ferrochrome potential
Photo by Merafe
South African chrome underpins China's ferrochrome dominance.

Merafe declares record dividend on lower profit, higher output

By: Martin Creamer     11th March 2019 Chrome and ferrochrome company Merafe, which on Monday reported lower profit on higher production, has declared a record dividend that represents a distribution of 51% of headline earnings. The ungeared company had net year-end cash of R281-million and the R200-million unsecured, three-year... 

Merafe declares record dividend on lower profit, higher output
Photo by Creamer Media
Merafe CEO Zanele Matlala

Charter may encourage unreasonable community expectations – economist

By: Nadine James     8th March 2019 The new Mining Charter imposes several transformation-based changes, including a minimum 30% broad-based black economic empowerment shareholding, which also stipulates that a minimum of 5% nontransferable shares or the equity equivalent be paid to host communities, Economic Development Solutions... 

Charter may encourage unreasonable community expectations – economist
JANINE EPSIN Local communities must be capacitated to understand the true implications of the Mining Charter

RBPlat highlights encouraging new govt approach to mining  

By: Martin Creamer     5th March 2019 South Africa’s only community owned mining group, Royal Bafokeng Platinum (RBPlat), on Tuesday highlighted the positive contribution being made to the local mining industry by President Cyril Ramaphosa and Mineral Resources Minister Gwede Mantashe and pledged to do its bit towards conquering... 

RBPlat highlights encouraging new govt approach to mining
RBPlat CEO Steve Phiri endorses new government approach at presentation covered by Mining Weekly Online’s Martin Creamer. Photo: Creamer Media’s Dylan Slater. Video: Creamer Media’s Nicholas Boyd

Royal Bafokeng Platinum secures R1bn building block  

By: Martin Creamer     5th March 2019 Black-owned and black-managed platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Tuesday announced a capital raise of R1 029-million through a rights offer that represents the key final building block to secure the company's path to 500 000 oz of platinum group element (4E)... 

Royal Bafokeng Platinum secures R1bn building block
RBPlat CFO Hanré Rossouw spells out rights offer at presentation covered by Mining Weekly Online’s Martin Creamer. Photo: Creamer Media’s Dylan Slater. Video: Creamer Media’s Nicholas Boyd

De Beers honours Diamond Beneficiators project’s first graduates

By: Nadine James     1st March 2019 De Beers Group on Thursday night celebrated the successful conclusion of the first phase of its Enterprise Development Project for Diamond Beneficiators. Five black South African-owned diamond and cutting companies graduated following a three-year entrepreneurial development programme. 

De Beers honours Diamond Beneficiators project’s first graduates
Diamond beneficiator graduates

Foundation driving youth participation in mining industry

By: Mamaili Mamaila     1st March 2019 Although the mining industry has not appealed to many young people for quite a while, this is starting to change through initiatives such as the Young Leaders Career Development Programme, says nonprofit organisation Learn and Give Education Foundation (LGEF) co-founder and chairperson Teboho... 

Foundation driving youth participation in mining industry
TEBOHO MAPHAKISA The venue for the Young Leaders Career Development Programme, on the last day of the conference was packed to capacity

More support for Mining Indaba

By: Mamaili Mamaila     1st March 2019 The Investing in African Mining Indaba celebrated its twenty-fifth anniversary, and the 2019 edition was the best one yet, says mining investment conference Mining Indaba marketing head Joanna Kotyrba. 

More support for Mining Indaba
Young Leaders Programme Over 300% increase in attendance at this year’s programme

Kimberley Process must grasp opportunity to correct limitations – WDC president

By: Nadine James     28th February 2019 As this is the final year of the Kimberley Process’ (KP’s) three-year review, the organisation must grasp the opportunity to correct failings in the system designed to prevent conflict diamonds from entering the distribution chain, World Diamond Council (WDC) president Stephane Fischler told a... 

Freight rates drop as more ships become available – Assore 

By: Martin Creamer     27th February 2019 Freight rates have dropped quite substantially since the iron-ore tailings dam tragedy in Brazil ,with more vessels becoming available, Assore CEO Charles Walters reports. Since the Brumadinho dam disaster, some 30-million tonnes of iron-ore supply have been withdrawn from the market. 

Freight rates drop as more ships become available – Assore
Photo by Creamer Media
Assore CEO Charles Walters

Mick Davis’ Niron believes Zogota can unlock Guinea’s rich potential 

By: Martin Creamer     25th February 2019 Mining luminary Mick Davis’s new company Niron Metals on Monday expressed the belief that the development of the Zogota iron-ore endowment in Guinea had the potential to unlock the country’s rich resources for the benefit of all stakeholders.  Davis, who is well known for his impressive record in... 

Mick Davis’ Niron believes Zogota can unlock Guinea’s rich potential
Photo by Creamer Media
A flashback to Mick Davis' Xstrata days with South Africa's former Mineral Resources Minister Phumzile Mlambo-Ngcuka.

Namibian uranium industry prepares for uptick

By: Mc'Kyla Nortje     22nd February 2019 Amid a depressed market and low uranium prices, the Namibian uranium industry is streamlining operations through process optimisation and undertaking additional exploration, to overcome these challenges and be prepared for when the market improves, says Namibian Uranium Institute (NUI) executive... 

Namibian uranium industry  prepares for uptick
AWAITING BETTER DAYS Any development during 2019 depends entirely on and how quickly the uranium price continues its upward trend.

Linhleko Projects, FLSmidth partner to boost Waterval chrome production by 20%

By: Nadine James     21st February 2019 Black-owned fabrication and mining installations company Linhleko Projects this week officially launched its cooperation agreement with FLSmidth – a 50/50 profit sharing agreement in which Linhleko uses FLSmidth’s REFLUX Classifier (RC) technology to enhance chrome recovery from... 

Strike-hit but upbeat Sibanye confident of value uplift as precious metals shine 

By: Martin Creamer     21st February 2019 Precious metals company Sibanye-Stillwater expressed confidence on Thursday that the global precious metals surge would enable it to deliver value despite the prolonged strike challenge that the company is contending with. The company reported 8%-lower earnings before interest, taxes,... 

Strike-hit but upbeat Sibanye confident of value uplift as precious metals shine
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

Glencore auditing 140 slimes dams 

By: Martin Creamer     20th February 2019 Diversified mining and marketing company Glencore is auditing 140 slimes dams, 65 of them active and 75 of them closed. The company has been undertaking detailed assessments and audits of all material tailings storage facilities (TSFs) over the past three years, after accumulating a TSF... 

Glencore auditing 140 slimes dams
Photo by Glencore
Fifty-one percent of Glencore's tailings storage faciities are upstream dams.

Coal capped at 150 Mt/y – Glencore 

By: Martin Creamer     20th February 2019 Diversified mining and marketing company Glencore has capped its coal capacity at 150-million tonnes of coal a year, a figure that it is close to and which it will not exceed. The company has been working on the cap with its investors since 2016 in the interests of the transitioning to a low... 

Coal capped at 150 Mt/y – Glencore
Photo by Glencore
Glencore is using wind turbine generated energy in Canada and Australia

Glencore ups low carbon transition, limits coal output

By: Martin Creamer     20th February 2019 Diversified mining company Glencore said on Wednesday that it was furthering its commitment a low carbon transition, following engagement with the investor signatories of the Climate Action 100+ initiative. As one of the world’s largest diversified mining companies, Glencore sees itself as... 

Glencore ups low carbon transition, limits coal output
Glencore CEO Ivan Glasenberg

Brazil iron-ore tragedy brings home reality of mining risk – Kumba  

By: Martin Creamer     19th February 2019 Following 58 mineworkers suffering fatal occupational accidents in South Africa in 2018, Kumba Iron Ore CE Themba Mkhwanazi on Tuesday drew attention to 2019 beginning globally with the tragic loss of life at Brumadinho, in Brazil, as a result of an iron-ore tailings dam collapse that killed 170... 

Brazil iron-ore tragedy brings home reality of mining risk – Kumba
Mining Weekly Online’s Martin Creamer reports on Kumba Iron Ore. Video: Creamer Media’s Nicholas Boyd.

Price premiums boosting quality-focused Kumba Iron Ore  

By: Martin Creamer     19th February 2019 South Africa’s Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights. Structural change and strong growth in particularly the China steel market has placed the Anglo American group company... 

Price premiums boosting quality-focused Kumba Iron Ore
Mining Weekly Online’s Martin Creamer reports on Kumba Iron Ore. Video: Creamer Media’s Nicholas Boyd.

Kumba pays dividend, boosts safety, explores, creates local jobs

By: Martin Creamer     19th February 2019 Product-improving  Kumba Iron Ore generated hefty operational cash flow, paid a competent final 2018 cash dividend, pressed on with exploration in a new area and supported the creation of 2 600 new jobs in the local community, during a fatality-free, safety-boosted year, characterised by higher... 

Kumba pays dividend, boosts safety, explores, creates local jobs
Kumba Iron Ore CE Themba Mkhwanazi
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