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CSR News

Glencore part of giant leap to transform informal cobalt mining  

By: Martin Creamer     24th August 2020 Eight concerns, including diversified mining and marketing company Glencore, have joined forces to transform the informal mining of cobalt for the better. Full implementation would take five years and would begin in mines in Kasulu and Kamilombe in the Democratic Republic of Congo (DRC), with the... 

Minerals Council launches first National Day of Women in Mining 

By: Tasneem Bulbulia     21st August 2020 Industry organisation, the Minerals Council South Africa, on August 21 launched the first National Day of Women in Mining, highlighting its focus on the implementation of initiatives designed to achieve stretch targets for the representation and advancement of women in the South African mining... 

Exxaro’s Belfast mine invests in Covid-19 protection, awareness campaign

By: Donna Slater     21st August 2020 In its fight against Covid-19, coal miner Exxaro Resources’ Mpumalanga-based Belfast coal mine has spent R410 000 on prevention and screening measures since the virus began to spread in South Africa. The mine invested the money into procuring personal protective equipment in the form of soap,... 

Exxaro’s Belfast mine invests in Covid-19 protection, awareness campaign

PGMs recovery under way, but uncertainty remains

By: Tracy Hancock     21st August 2020 Many geographic regions active in the platinum group metals (PGMs) sector are in the early stages of recovery, following the economic impact of the Covid-19 pandemic, with platinum, palladium and rhodium expected to remain in deficit this year. However, a great deal of uncertainty remains, as... 

PGMs recovery under way,  but uncertainty remains
PGMs PREDICTION Amplats expects platinum group metals supply and demand to recover and, overall, experience relatively little change in its markets owing to Covid-19

PGMs producer navigating Covid-19 market disruption

By: Tracy Hancock     21st August 2020 ‘Business unusual’ is expected to characterise much of the 2021 financial year, owing to the Covid-19 outbreak, says platinum group metals producer Impala Platinum (Implats).    The company expects to face increasing challenges in terms of its medical preparedness and operational resilience,... 

PGMs producer navigating Covid-19 market disruption
PUSHING AHEAD Impala Platinum has realised continued improvements during the 2020 financial year to deliver production ramp-up

High-flying Gold Fields' profit soars, half-year dividend up

By: Martin Creamer     20th August 2020 Covid notwithstanding, gold mining company Gold Fields saw its profit soar in the six months to June 30 and the half-year dividend declared equated to last year’s full-year dividend. The Johannesburg- and New York-listed company, headed by CEO Nick Holland, announced attributable profit for the... 

High-flying Gold Fields' profit soars, half-year dividend up
Photo by Creamer Media
Nick Holland

Encouraging exploration would deliver enormous opportunities for SA – Bristow  

By: Martin Creamer     17th August 2020 Encouraging exploration in South Africa would deliver enormous opportunities, says Barrick Gold president and CEO Dr Mark Bristow, a world leader in exploration success. Bristow was commenting on the call for mining exploration to be encouraged, made last month by the economic transformation... 

Encouraging exploration would deliver enormous opportunities for SA – Bristow
Mark Bristow

Sustainability measures, partnerships to ensure sector’s longevity

By: Mamaili Mamaila     14th August 2020 As the research by the Global Battery Alliance (GBA) found, the demand for batteries is expected to increase 19 times by 2030, which constitutes one of the highest purchase orders the mining industry has seen to date. 

Sustainability measures, partnerships to ensure sector’s longevity
SUSTAINABILITY MATTERS Eurasian Resources Group’s goal is for its Metalkol Metalkol Roan Tailings Reclamation operation to become the foremost sustainable cobalt producer

Positive metals markets to drive ERG’s asset development

By: Mamaili Mamaila     14th August 2020 Diversified resources producer Eurasian Resources Group’s (ERG’s) portfolio of copper and cobalt assets in Africa, particularly those in the Democratic Republic of Congo (DRC), are key to its long-term development plans, and the current copper and cobalt market dynamics support its ambitions. 

Positive metals markets to drive ERG’s asset development
KEY BATTERY METAL Eurasian Resources Group is poised to be one of the largest cobalt producers in the world at a time when demand for battery metals is expected to rise exponentially

SANEDI, MDA work together to support South African mineworkers

By: Simone Liedtke     13th August 2020 The South African National Energy Development Institute (SANEDI) and the Mineworkers Development Agency (MDA) have signed a partnership agreement that will result in them collaborating to bring relief to the country’s former mineworkers and their communities in the wake of mine closures and the... 

South Africans must work together on an accelerated economic recovery plan – Exxaro  

By: Martin Creamer     13th August 2020 South Africans must work together on an accelerated economic recovery plan that focuses on inclusive growth and prosperity for all citizens, Exxaro Resources CEO Mxolisi Mgojo  said on Thursday. Speaking during the black-empowered resources company’s presentation of very strong dividend-yielding... 

South Africans must work together on an accelerated economic recovery plan – Exxaro
Exxaro CEO Mxolisi Mgojo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Awesome new proudly South African face mask kindling international interest   

By: Martin Creamer     13th August 2020 An awesome new proudly South African face mask, with a replaceable filtration system at its heart, is attracting international interest. The innovative and timely Hudaco Air Mask is a lockdown-period product of the Johannesburg Stock Exchange-listed Hudaco Industries group. (Also watch attached... 

Awesome new proudly South African face mask kindling international interest
Hudaco CEO Graham Dunford and Hudaco’s executive consultant Mike Allnutt discuss the new Hudaco face mask innovation with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Minerals Council members commit R4.7m towards strengthening Eastern Cape medical capabilities

By: Donna Slater     13th August 2020 The Minerals Council South Africa reports that a number of its members have contributed a combined R4.7-million towards oxygen and oxygen-related products for the Eastern Cape as the province battles Covid-19 infections. Mining companies have, over the past six months, undertaken intensive... 

Exxaro pays dividend on 40%-higher half-year earnings 

By: Martin Creamer     13th August 2020 Black-empowered diversified resources group Exxaro Resources on Thursday declared an interim dividend on posting a 40% increase in earnings before interest tax depreciation and amortisation of R3.9-billion for the six months to June 30. In the face of global trade tensions, a challenging local... 

Exxaro pays dividend on 40%-higher half-year earnings
Photo by Creamer Media
Exxaro CEO Mxolisi Mgojo

Women representation in mining ‘getting there’

By: Mamaili Mamaila     7th August 2020 Women have definitely been taking up more opportunities in the mining sector, and this is even evident when visiting underground operations, says explosives and blasting company BME. 

Women representation in mining ‘getting there’
ONWARDS AND UPWARDS BME has a promising representation of women in its ranks, from operator level to mining engineers, including the company’s logistics and central services

Women representation agenda is at even odds – WiMSA

By: Mamaili Mamaila     7th August 2020 The South African mining sector has improved significantly in terms of the representation of women, compared with the situation ten years ago, says mining industry organisation Women in Mining South Africa (WiMSA). 

Women representation agenda is at even  odds – WiMSA
THABILE MAKGALA One positive that may emerge from the Covid-19 pandemic may be an accelerated modernisation of work, which will make careers in mining not only more accessible to women but also more fulfilling and productive for men and women

Kenmare accelerates women-focused diversity agenda

By: Mamaili Mamaila     7th August 2020 Dual-listed titanium minerals and zircon producer Kenmare Resources is focused on increasing the number of women in its workforce as the company recognises that diversity, particularly gender diversity, is a key driver of business success.  

Kenmare accelerates women-focused diversity agenda
ELAINE DORWARD-KING Kenmare is keen to continue advancing the interests of women in Mozambique

Women forge ahead on level playing field

By: Mamaili Mamaila     7th August 2020 While the mining, construction, manufacturing, and health and safety sectors were once male-dominated, the women heading global solutions company SafetySA’s business units have upended the stereotypes, proving that South Africa’s women need nothing more than a level playing field to forge ahead.  

Women forge ahead on level playing field
PALESA GAASENWE While sectors, such as mining, may have initially had reservations about young women training their mainly male staff, for example, those reservations are not as prevalent today

Forums advancing women representation

By: Mamaili Mamaila     7th August 2020 Specialty chemicals company Clariant – which is focused on sustainability and innovation – strongly believes in diversity and inclusion within the company. 

Forums advancing women representation
LINDA MAHLANGU The metallurgical sector does not struggle to attract women as much as it struggles to retain them

Levelling the playing field, changing the narrative

7th August 2020 South African women in mining have gradually become formal members of the mining fraternity, starting from 1996, when the South African government denounced the International Labour Organization convention of 1935 which prohibited employment of women in underground mining work. 

High-flying, dividend-talking RBPlat going into second half with tailwinds  

By: Martin Creamer     4th August 2020 High-flying platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) is going into the second half of this Covid-hit year well-positioned with stockpile, upper group two (UG2), lower capital and gold-streaming tailwinds. RBPlat CEO Steve Phiri told a half-year results... 

High-flying, dividend-talking RBPlat going into second half with tailwinds
Royal Bafokeng Platinum CEO Steve Phiri interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Exchange control lifting sends strong growth message – Anglo 

By: Martin Creamer     4th August 2020 The lifting of exchange control by South Africa sends a really strong message about the country’s desire to promote investment and growth, says Anglo American finance director Stephen Pearce. He gave South Africa a pat on the back during Anglo’s virtual presentation of half-year results last... 

Exchange control lifting sends strong growth message – Anglo
Anglo American finance director Stephen Pearce

Crop nutrients have double potential of coal being exited – Anglo 

By: Martin Creamer     3rd August 2020 Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global... 

Crop nutrients have double potential of coal being exited – Anglo
Photo by Anglo American
Anglo American's Woodsmith polyhalite mining shaft under construction.

Glencore’s strong first-half positions it for top-end marketing earnings 

By: Martin Creamer     31st July 2020 Diversified mining and marketing company Glencore has delivered an overall strong  first-half operating performance amid the unprecedented challenges presented by  Covid-19. “This reflects both the ability and dedication of our teams to adapt to these difficult conditions,” said Glencore CEO Ivan... 

Glencore’s strong first-half positions it for top-end marketing earnings

World’s seeing widespread investment plans in hydrogen – Anglo 

By: Martin Creamer     30th July 2020 The broader portfolio of diversified mining and marketing company Anglo American is positioned to contribute an environmental-led new materials demand in a world that is seeing widespread investment plans in hydrogen, Anglo CEO Mark Cutifani said on Thursday. “We’ve seen the early evolution of... 

World’s seeing widespread investment plans in hydrogen – Anglo
Photo by Anglo American
Anglo says hydrogen is a clean and abundant fuel with applications using PGMs

Operational agility underpins Anglo’s $3.4bn half-year earnings 

By: Martin Creamer     30th July 2020 The first half of 2020 has tested society to its limits, Anglo American CEO Mark Cutifani said on Monday, when the company reported 39%-lower $3.4-billion half-year earnings before interest, taxes, depreciation and amortisation (Ebitda). The interim dividend of $0.28 a share declared by Anglo is... 

Operational agility underpins Anglo’s $3.4bn half-year earnings
Photo by Anglo American
Profit attributable to equity shareholders of $0.5bn compared with last half-year’s $1.9-bn.

All-female exploration crew drilling for iron-ore in Northern Cape 

By: Martin Creamer     29th July 2020 An all-female exploration crew has commenced drilling activities on two new prospecting sites in the Northern Cape, where Kumba Iron Ore, with its drilling partner Rosond, is rolling out a fleet of next-generation exploration rigs that incorporate completely automated rod handling and are... 

All-female exploration crew drilling for iron-ore in Northern Cape
Photo by Kumba Iron Ore
All-female exploration crew drilling for iron-ore in Northern Cape

PGM prices expected to remain robust in the short term   

By: Martin Creamer     27th July 2020 Platinum group metals (PGMs) prices are expected to remain robust in the short term, with demand and supply starting to balance. Covid notwithstanding, the average realised dollar basket price of Anglo American Platinum (Amplats) in the six-month to June 30 was 56% higher year-on-year at $1 956 a... 

PGM prices expected to remain robust in the short term
Anglo American Platinum CEO Natascha Viljoen is interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Fatality-free Amplats delivers higher earnings, declares dividend

By: Martin Creamer     27th July 2020 Platinum group metals (PGM) mining and marketing company Anglo American Platinum (Amplats) on Monday reported a robust set of financial results and a strong safety performance, illustrating the resilience of the business despite significant headwinds. The JSE-listed company delivered 6%-higher... 

Fatality-free Amplats delivers higher earnings, declares dividend
Anglo American Platinum CEO Natascha Viljoen.

Miner steps up Covid-19 fight

By: Mamaili Mamaila     24th July 2020 Global miner Anglo American’s iron-ore company Kumba Iron Ore has ramped up its readiness to respond to the expected increase in Covid-19 cases among its employees and host communities. 

Miner steps up  Covid-19 fight
Photo by Kumba Iron Ore
THEMBA MKHWANAZI We believe that we are ready to support our people and communities through a range of quarantine and isolation sites

Glencore hands over R30m community clinic

By: Donna Slater     23rd July 2020 Ferroalloys producer Glencore Alloys South Africa handed over the Bethanie Clinic healthcare facility, near Brits, to the to the North West Province Department of Health this week. The old Bethanie Clinic had become run down and ill-equipped to treat the more than 3 500 people who were visiting... 

Glencore hands over R30m community clinic

Partnership formed to distribute hand sanitisers to vulnerable communities

By: Donna Slater     23rd July 2020 Precious metals miner Sibanye-Stillwater, gold miner AngloGold Ashanti, energy and chemicals company Sasol and logistics company Imperial Logistics have formed a strategic partnership to distribute hand sanitisers to school health facilities and taxi ranks. As part of the partnership, Sibanye... 

Menar’s R250m cash-funded solar-served East Manganese project is under way  

By: Martin Creamer     23rd July 2020 Initial project activities are under way at the R250-million cash-funded East Manganese project in Hotazel, Northern Cape, where the hot sun will be harvested to provide solar power to the mine’s infrastructure. The development forms part of the company’s strategy of building a manganese... 

Menar’s R250m cash-funded solar-served East Manganese project is under way
Menar MD and co-founder discusses manganese project with Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nothing like negative interest rate, fear to drive gold price – Bristow 

By: Martin Creamer     22nd July 2020 “There’s nothing like a negative real interest rate and a fear to drive the gold price,” says Barrick Gold Corporation CEO Dr Mark Bristow, who also puts money printing firmly on the list of gold price drivers. Bristow was responding via Skype to Richard Quest on CNN’s Quest Means Business from... 

Nothing like negative interest rate, fear to drive gold price – Bristow
Photo by Creamer Media
Richard Quest interviewing Dr Mark Bristow.

Pan African does it again with exciting rich vein of gold at New Consort  

By: Martin Creamer     21st July 2020 London-, Johannesburg- and now also New York-listed Pan African Resources continues to demonstrate the resilience of its operations with an improved all-round performance, despite the challenges posed by the Covid-19 pandemic. In the last year, Pan African has taken strong steps to reduce all-in... 

Pan African does it again with exciting rich vein of gold at New Consort
Pan African CEO Cobus Loots interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South32 shuts Metalloys temporarily, expects $7m restructuring costs  

By: Martin Creamer     20th July 2020 Diversified mining company South32 has placed the manganese alloys Metalloys smelter in Meyerton, Gauteng, on temporary care and maintenance. The Sydney- and Johannesburg-listed company stated in its June 2020 quarterly report on Monday that it had taken this decision after consideration of the... 

South32 shuts Metalloys temporarily, expects $7m restructuring costs
Photo by Creamer Media
South32 Metalloys in Meyerton, Gauteng.

Cooperation, traceability needed to ensure success of DRC artisanal mining

By: Donna Slater     17th July 2020 The successful integration of a number of artisanal and small-scale mining (ASM) operations in the Democratic Republic of Congo (DRC) has been driven by cooperation with large-scale miners (LSMs), refiners, traders and the embedding of traceability measures, says natural resource transformation... 

Less demand for outsourced labour

By: Tracy Hancock     17th July 2020 There has been a sharp decline in demand for labour for mining-related construction projects amid the Covid-19 outbreak, with some projects on hold, as mines focus on their core business. This is according to technical recruitment company Oxyon director Pierre Bekker, who tells Mining Weekly that... 

Less demand for outsourced labour
CONSTRUCTION CURTAILED The reopening of South Africa’s mines has been staggered and construction projects have been delayed to focus on production
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