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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... 

Petra agrees to settlement over human rights abuses claims
Williamson mine

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... 

Renewable energy projects under investigation across AngloGold
AngloGold Ashanti presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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... 

Big jump in earnings margin generates strong cash ­for Harmony Gold
Harmony Gold CEO Peter Steenkamp

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 Q1 earnings rise to $203m despite lower production, higher costs
Photo by Creamer Media
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 going greener and cleaner across broad front
Photo by Creamer Media
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... 

Pumps acceptance testing achieved remotely
FARTHER-TEST Being able to test from a distance or remotely has become a reality during Covid-19

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... 

Substantial water savings add up
CARRY-ION Being able to save water on a month to month basis is now possible subsequent an upgrade on a mines water treatment plant

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... 

Grads’ community involvement an upside during lockdown
GIVING BACK The learnership programme will now include a mandatory corporate social responsibility component

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... 

Academy’s upgrades embrace Industry 4.0 approach
Murray & Roberts Cementation education, training and development executive Tony Pretorius discusses the Murray & Roberts Training Academy’s paperless training management system.

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... 

Business skills offered at platinum mine
LOUIS LABUSCHAGNE AND THE LEARNERS About 60 local companies have passed through COENG’s business skills development programme

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... 

Learnerships benefit entire economy
JANINE JAMES The investment in learners is Multotec’s way of contributing to the skills development of our population and the growth of the country and its economy

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... 

Mechatronics added  to training offering
FIRST INTAKE The new mechatronics training course forms part of Sandvik Mining and Rock Solutions’ Southern African operations’ comprehensive apprenticeship programme

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... 

New training centre  for diamond mine
MORRISON MASEKO The transition from openpit to underground demands a complete shift in mindset, as well as new skills

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... 

Pandemic highlights value of digital learning
GIEL BEKKER Digital online training formats can ensure that modules and training programs are always available and accessible

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... 

Local clarification, dewatering system  going global
SUCCESSFUL SYSTEM The successful implementation of Watercare Mining's systems locally has led to the move to mines internationally

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... 

New mining filtration solutions launched
FILTRATION FIRST The new range of filtration solutions from Metso Outotec are smart and sustainable

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... 

Skills development integral to sector mandate
MAKING BRIGHT SPARKS Menar runs several human resources development programmes geared towards uplifting the skills development base at its subsidiaries’ operations

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... 

Plant destined  for coal mine
WATER WOES The water treatment plant supplied by Clean TeQ Water will assist the Mongolian cola mine with its wastewater

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 on track to deliver on guidance
Photo by Creamer Media
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... 

Barrick’s Bristow criticises resurgence of market-plaguing short-termism
Barrick Gold CEO Mark Bristow

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,... 

Use of ruthenium in fuel cells set to turn down as green hydrogen trend turns up – Heraeus
Heraeus Precious Metals executive VP Philipp Walter interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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... 

AP Ventures makes yet another promising hydrogen investment
AP Ventures founder and partner Kevin Eggers

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,... 

Miner’s plans bolstered by positive gold market
ALFRED BAKU Gold Fields is optimistic that Tarkwa, Damang and Asanko will not experience any material interruptions in 2021

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... 

PGMs in all three drive trains if Lion Battery initiative is successful – Anglo
Anglo American executive head PGM market development interviewed by Mining weekly’s Martin Creamer. Video: Darlene Creamer

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... 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor
Integral Asset Management CIO Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

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... 

Tackling climate change could not be more urgent – Anglo American
Photo by Creamer Media
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 explores PGMs-based tech to simplify hydrogen storage in electric vehicles
Photo by Creamer Media's Donna Slater
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... 

4IR technologies key focus for precinct, council
JEAN-JACQUES VERHAEGHE RTIMS focus for 2021 is primarily on the implementation of baseline Fourth Industrial Revolution technologies for mining

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... 

Empowered Ntsimbintle strengthens standing in manganese mining
Tshipi Borwa manganese mine, in the Northern Cape.

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... 

Wescoal looking to possibly becoming broader energy company
Wescoal interim CEO Robinson Ramaite interviewed by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd. Pictures: Donna Slater.

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.... 

Sibanye launches campaign to reimagine, foster Marikana community of the future
Sibanye-Stillwater CEO Neal Froneman details what the new Marikana mine owner is doing about redress of the 2012 Marikana incident.

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... 

Emerging coal changes poised to present new electricity price risk
South32 COO Mike Fraser

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... 

'Deeds, not words': mining firms reshape boardrooms as investors demand sustainability
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