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CSR News
Amplats earnings set to soar despite power outages 
By: Martin Creamer 28th January 2020 The shareholders of Anglo American Platinum (Amplats) have been advised that the earnings of the platinum group metals (PGMs) mining company for the 12 months to end December are poised to soar sky high, despite the setback of Eskom’s power outages. The big expected earnings increases have been... →
ESG risk management increasingly important for mining companies
By: Tasneem Bulbulia 28th January 2020 Within the mining and minerals sector, investors are increasingly integrating environmental, social and governance (ESG) into their investment process to help secure capital during fundraising, identify risks during due diligence, capitalise on opportunities post-acquisition, and facilitate... →
Water atomiser can reduce silicosis risk
By: Darren Parker 24th January 2020 Mine ventilation equipment manufacturer Terramin is experiencing an uptick in demand for its Terrablast in-stope water-atomising device. Terramin CEO Martin van Schoor – who will be attending the Investing in African Mining Indaba this year, in Cape Town – believes that the uptick can, in part,... →
Chamber hopes to extend health and safety project
By: Darren Parker 24th January 2020 The South African–German Chamber of Commerce and Industry’s (SAGCCI’s) Mine Health and Safety Project is heading into its third and final year this year. The project was initiated in 2018 as part of the SAGCCI’s Competence Centre for Mining and Mineral Resources Southern Africa, which was... →
Sustainability, investment and digitalisation top agenda at 2020 Indaba
By: Simone Liedtke 24th January 2020 The organising team of the 2020 iteration of the Investing in Africa Mining Indaba notes an increased appetite for engagement within the African mining sector, particularly for discussions around sustainability. Media company Hyve Group content head Tom Quinn says this is evidenced by the... →
Africa expected to be responsible producer
By: Tracy Hancock 24th January 2020 Global commodities markets expect African producers to deliver “ethically” produced, traded and transformed material, says responsible sourcing auditing and advisory company RCS Global CEO Dr Nicholas Garrett. Responsible sourcing practices are resulting in higher standards at African mining... →
SCOPE WIDENING Cobalt remains the commodity under the most scrutiny in terms of responsible sourcing, but focus is expanding to include other key battery and tech-metal supply chains
Equipment supplier advancing 4IR offering
By: Tracy Hancock 24th January 2020 The development of an intelligent cyclone by minerals processing equipment supplier Multotec is at an advanced stage, Multotec South African Operations CEO Rikus Immink tells Mining Weekly. Through the instrumentation of its ceramic-lined cyclones, Multotec is aligning itself to the automation... →
Indaba continues to drive investment opportunities
By: Tracy Hancock 24th January 2020 Investment in South African exploration has been lean of late, with numerous factors contributing to this reality, including the state of the economy and the ability to secure seed funding, says Investing in African Mining Indaba head of content Tom Quinn, of UK event organiser Hyve Group. “We... →
General Counsel Forum offers solutions
By: Tracy Hancock 24th January 2020 The job description of in-house mining counsel is fast evolving – from being only a legal adviser and setting up compliance and risk indicators to being a generalist who assists in developing long-term company strategy, says diversified mining and exploration company Bauba Resources group legal... →
Climate change to amplify challenges
By: Tracy Hancock 24th January 2020 Economists agree that climate change risks have, to date, been underestimated by industry in general, including mining, says consulting engineers and scientists SRK Consulting South Africa director and principal consultant Andrew van Zyl. Consequently, he expects that challenges associated with... →
ESG matters at the fore in M&A transactions, says law firm
By: Tasneem Bulbulia 23rd January 2020 Environmental, social and governance (ESG) matters rapidly rose up the corporate agenda in 2019, such that ESG is now a mainstream issue across all areas of corporate life, including in mergers and acquisitions (M&A), global law firm Herbert Smith Freehills states in a new report, entitled ‘M&A... →
Anglo's low carbon move, BlackRock addresses climate change, job cuts in ferrochrome 
22nd January 2020 This week Mining Weekly Editor Martin Creamer unpacks Anglo’s low carbon fertiliser contribution, BlackRock’s move to address climate change and potential job cuts in ferrochrome. →
Anglo set to make low carbon fertiliser contribution
By: Martin Creamer 20th January 2020 The polyhalite-based Poly4 product that Anglo American will market if its bid for Sirius Minerals is successful emits significantly less carbon dioxide (CO2) per tonne relative to both of the other two main fertiliser products.. Poly4 emits 93% less CO2 than the more elaborate processing of... →
Duncan Wanblad
Anglo, Sirius reach acquisition agreement
By: Martin Creamer 20th January 2020 The boards of Anglo American plc and Sirius Minerals plc have reached agreement on the takeover of the share capital of Sirius for £404.9-million. The acquisition will enable diversified mining company Anglo to enter the fertiliser space through ownership of an underground polyhalite mining... →
Map showing area of interest
Anglo keen to enter fertiliser space with polyhalite
By: Martin Creamer 8th January 2020 Diversified mining company Anglo American is keen to enter the fertiliser space by acquiring an underground polyhalite mining project in North Yorkshire, UK, on which more than $1-billion has already been spent on physical development by a company Anglo may take steps to buy for half that. The... →
Area of 750 km2.
Anglo firms up technology advance with space boffins
By: Martin Creamer 19th December 2019 Diversified mining company Anglo American has announced a $13.5-million agreement with First Mode to develop innovative technology for the mining industry. First Mode, of Seattle, which has been working with Anglo to develop the world’s biggest hydrogen fuel cell haul truck for Anglo American... →
Hydrogen and fuel cell haulage
Glencore joins blockchain network to ensure responsible cobalt supply
By: Marleny Arnoldi 12th December 2019 Global miner Glencore has joined the Responsible Sourcing Blockchain Network (RSBN) – an industry collaboration using blockchain technology to support responsible sourcing and production practices from mine to market. The network’s blockchain has moved beyond proof of concept and is on track to... →
Region recovery under way after dam collapse
6th December 2019 Iron-ore mining major Vale is still focused on the recovery of the region of Brumadinho, in Brazil, in addition to prioritising actions to manage development of the town and other affected territories, which include Barão de Cocais, Itabirito, and Macacos. Over the past nine months – since the... →
VALLEY OF DEATH The death and destruction caused by the Brumadinho tailings dam collapse was nothing short of tragic
Nearing zero fatality milestone
By: Darren Parker 6th December 2019 Coal and iron-ore miner Exxaro Resources is making a final push to achieve its goal of being fatality free for three consecutive years. To better ensure that milestones like this can be reached, the mining company launched its Khetha Ukuphepha – Zulu for Choose Safety – campaign at its conneXXion... →
Copperbelt outlook promising despite challenges
By: Mamaili Mamaila 6th December 2019 The Central African Copperbelt offers some of the most attractive deposits worldwide, says diversified resources producer Eurasian Resources Group (ERG) CEO Benedikt Sobotka, adding that most investors are bullish on copper’s long-term fundamentals. →
Manganese marketing approach needs reviewing – Menar
By: Martin Creamer 5th December 2019 South Africa is not getting what it should out of its world-leading manganese endowment, says Menar MD Vuslat Bayoğlu. Bayoğlu believes that the current marketing approach needs to be reviewed. →
Minerals Council launches SLP portal for members
By: Simone Liedtke 4th December 2019 The Minerals Council South Africa has launched its social and labor plan (SLP) portal where members can post their SLP documentation so it can be easily accessed by interested parties. While company participation is voluntary, the Minerals Council on Wednesday reiterated its belief that approved... →
Menar’s R7bn coal project pipeline adds 5 600 jobs
By: Martin Creamer 3rd December 2019 Menar MD Vuslat Bayoğlu says that his company’s planned R7-billion investments in coal projects between now and 2022 will create 5 600 jobs, and that this will contribute to the needs of a range of job-short areas and also help to ensure that Eskom has options to buy the right coal at the right... →
Menar restates national-interest coal offer to Eskom
By: Martin Creamer 2nd December 2019 Resources holding company Menar has reiterated its national-interest-serving coal offer to troubled State-owned power utility Eskom, which last week warned that its record R20-billion loss of 2018/19 would be repeated in 2019/20. Eskom’s debt was more than R454-billion at the end of September and... →
Overregulation may hinder mining industry growth
By: Darren Parker 29th November 2019 The draft regulations proposed by the Mine Health and Safety Council (MHSC) were akin to overregulation in several instances, law firm ENSafrica executive consultant Willem le Roux said at the Mine Health and Safety Seminar, hosted by ENSafrica's department of mine and occupational health and... →
Battery technology advances could create savings, environmental benefits
By: Mamaili Mamaila 29th November 2019 Further advances in battery technology are expected as new options come to market and new economies of scale are achieved, says independent consulting engineers and scientists SRK Consulting. →
Holistic solutions crucial for mining sustainability – consultancy
By: Mamaili Mamaila 29th November 2019 Holistic solutions that consider closure, social, environmental and technical best practices will be important for the sustainability and longevity of the African mining industry, say independent consulting engineers and scientists SRK Consulting. →
De Beers achieves zero cases of TB
By: Darren Parker 29th November 2019 Diamond mining major De Beers Group has not recorded any cases of tuberculosis (TB) among its permanent South African employees in 2019. South Africa’s overall TB infection figure is about 567 per 100 000 people, with the country’s mining industry at about 435 per 100 000 people according to the... →
Imminent surge in demand for PDS anticipated
By: Darren Parker 29th November 2019 Mine safety equipment supplier Booyco Electronics CEO Anton Lourens is anticipating a surge in demand for proximity detection systems (PDS) next year. In 2017, the Department of Mineral Resources, as it was known then, issued a 2020 deadline for mining companies to implement stipulations laid out... →
Anglo American joins ResponsibleSteel initiative
By: Creamer Media Reporter 25th November 2019 Diversified miner Anglo American has become a member of ResponsibleSteel, a nonprofit organisation and the steel industry's first global, multi-stakeholder standard and certification programme. ResponsibleSteel covers the entire steel supply chain, from raw material supply through steel... →
Oil and gas production grows amid evolving SADC energy demands
By: Tracy Hancock 22nd November 2019 Petrochemicals company Sasol’s Upstream business unit, comprising Mining and Exploration & Production International (E&PI), contributed 2% to the group’s earnings before interest, taxes, depreciation and amortisation for the year ended June 30, 2019, according to Sasol’s integrated report for the... →
‘Quiet boom’ under way but results mixed for midtier miners – PwC report
By: Creamer Media Reporter 21st November 2019 Australia’s mid-tier mining sector has reached its highest total market capitalisation since the boom times of 2011, with the ‘quiet boom’ driven by favourable commodity prices and some good investment decisions over the last year, a new PwC report has shown. The ‘Aussie Mine’ report, which... →
Solar reducing electricity costs, lowering diesel use
By: Martin Creamer 20th November 2019 Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce people’s daytime power costs by 60% to 70%,”... →
AASA reiterates commitment to SDGs
By: Simone Liedtke 15th November 2019 Diversified miner Anglo America South Africa (AASA) intends to re-engage with key external stakeholders in an ongoing accountability dialogue regarding the company’s Sustainable Mining Plan (SMP) and its alignment with the United Nations Sustainable Development Goals (SDGs). The purpose of this,... →
AASA chairperson Nolitha Fakude
Current regulations inadequate to ensure ‘social transitioning’ after mine closure
By: Tracy Hancock 15th November 2019 To ensure a level playing field across the South African mining sector, better guidelines need to be developed to ensure the implementation of sustainable ‘social transitioning’ after mine closure, in addition to the requirements of social and labour plans (SLPs) and the Mining Charter III, says... →
Video: Hyve portfolio head discusses the 26th Investing in African Mining Indaba
By: Simone Liedtke 13th November 2019 Media company Hyve Group portfolio director Simon Ford speaks to Creamer Media’s Mining Weekly Online about the twenty-sixth edition of the Investing in African Mining Indaba, which will be held in Cape Town over four days in February 2020. In acknowledging the increased appetite for engagement... →
Organisers see increased appetite for engagement for upcoming Indaba
By: Simone Liedtke 12th November 2019 Media company Hyve Group content head Tom Quinn on Tuesday told the media that the organising team of the 2020 iteration of the Investing in Africa Mining Indaba has seen an increased appetite for engagement within the African mining sector, particularly for discussions touching on... →
Hyve Group content head Tom Quinn (left) and Hyve portfolio director Simon Ford (right)
Climate change serious challenge for mining industry
By: Theresa Bhowan 8th November 2019 Climate change and population growth have significant potential to be destabilising factors in Africa and can affect water sources, agricultural land and subsistence farming adversely, resulting in population displacement. →
A SCARCE RESOURCE Water shortages create an increased level of competition for this resource among mines, government and local communities
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