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CSR News

Govt permits Tharisa to continue to operate with fewer personnel 

By: Martin Creamer     9th April 2020 Chrome and platinum group metals (PGM) mining company Tharisa has received government permission to continue operating with a reduced number of personnel during the Covid-19 lockdown. Revealing this with its release on Thursday of second-quarter results for the three months to March 31, Tharisa... 

SRK weighs in on draft community resettlement guidelines

By: Marleny Arnoldi     9th April 2020 Resettlement is a growing concern during the development of large public and private projects in sectors such as mining and energy, says SRK Consulting senior social scientist Jessica Edwards. It is, therefore, opportune that the South African government is seeking to define a common approach... 

SRK weighs in on draft community resettlement guidelines
Partially demolished house in the aftermath of a mine's resettlement process

Barrick continues to strive for a more sustainable mining sector

By: Marleny Arnoldi     8th April 2020 NYSE- and TSX-listed Barrick Gold on April 8 published its 2019 Sustainability Report, which indicates that the company continues to strengthen its reputation as a trusted partner in its host communities globally. President and CEO Mark Bristow notes in the report that the company is actively... 

Glencore's Mopani copper mines on 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 virus 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... 

De Beers contributes $2.5m virus funding to Botswana, Namibia
De Beers Group CEO Bruce Cleaver

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 across a number of fronts during the Covid-19 crisis. Firstly, South Deep, the Westonaria mine with a 70-year life, will... 

Gold Fields promoting widespread human welfare during lockdown
Photo by Creamer Media
Gold Fields executive VP Martin Preece

Standard notes SARB’s hold-back advice 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... 

Standard notes SARB’s hold-back advice on dividends, bonuses
Sim Tshabalala

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... 

Anglo going to great lengths to support South Africa in its Covid-19 hour of need
Photo by Bloomberg
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.... 

Minister finds Covid-19 compliant mines but also laggards
Photo by Creamer Media's Donna Slater
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... 

DRD consulting with govt, labour to restart Far West Rand gold recoveries
Photo by Creamer Media
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... 

AngloGold hands over two hospitals to authorities for Covid-19 patients
Kelvin Dushnisky

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... 

All Antofagasta mines to be powered by renewables at lower cost
Antofagasta CEO Iván Arriagada

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... 

Standard Bank meeting all capital and liquidity requirements
Sim Tshabalala

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... 

Covid-19 prompts Glencore to defer cash distribution, reinforce liquidity
Ivan Glasenberg

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... 

Assore halts mines and smelters, prioritises on-time supplier payment
Photo by Creamer Media
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... 

Solidarity Fund sets aside R100m to procure protective equipment for frontline health workers

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... 

Proudly South African hydrogen breakthrough with Shell’s backing
Photo by Hydrox Holdings
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... 

ARM, Motsepe family play key roles in R1bn coronavirus pledge
Photo by Creamer Media
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... 

Covid-19 a wake-up call on import over-dependency – Madala
Madala & Associates CEO Dilley Naidoo

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... 

Miner confident of new licence
ACE IN THE COAL Product from the mine has been offered to Eskom through two separate tender processes

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... 

Coal remains  vital to energy mix
WAYNE LINDECKE As a country, we’re evolving and trying to get our energy mix right, so we are dependent on coal and will still be for a while

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... 

R2.8bn staff housing project continues apace
MORE THAN A HOUSE Royal Bafokeng Platinum continues to uplift its workers by affording them the opportunity to own their own homes

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... 

New gold futures contract launched – LBMA
Photo by Creamer Media
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... 

Global mining majors putting bright new spotlight on green hydrogen
Liquid organic hydrogen carrier (LOHC) technology renders hydrogen oil-like.

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,... 

If we don’t take climate change seriously, God help us – Mxolisi Mgojo
Exxaro CEO Mxolisi Mgojo presentation covered by Mining Weekly’s Martin Creamer. Video Editing: Nichols Boyd. Photograph: Donna Slater. Video: Kutlwano Matlala.

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... 

Policy crucial to decarbonisation
SUSTAINABILITY CHALLENGES The industry faces challenges to reduce emissions given associated financial implications, including the impact on capital and operational efficiency

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,... 

Company provides local mining carbon tax solution
FRANCOIS DU PLESSIS We are trying to create a basic environment for organisations to capture emissions according to the Act and display that in a simplistic, Web-based environment

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... 

Necessity drives drill bit innovation
CORE VALUE Innovation is necessary for survival in the current sluggish economic environment

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... 

Kangra awaits licence approvals
NIKETIWE DLAMINI As a main contributor to our GDP and as an extractive industry, mining has environmental and community impacts, hence the importance of environmental impact assessments

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... 

Question marks over protracted re-entry of trimetal PGM catalysis
Photo by Creamer Media
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... 

Every effort must be made to ensure economy ‘does not grind to a halt’
Photo by Creamer Media's Donna Slater
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. 

Clean fuel pivotal for engine life

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... 

Coal miner Exxaro driving rigorous renewable energy strategy
Exxaro CEO Mxolisi Mgojo talks self-generation to Mining Weekly’s Martin Creamer. Video editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.

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 lifts dividend, creates jobs, supports enterprises
Photo by Creamer Media's Donna Slater
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,... 

New catalyst technology bodes well for platinum – Implats
Photo by Creamer Media
Implats CEO Nico Muller
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