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CSR News

South Africa’s development finance system facing strategic challenge – IDC 

By: Martin Creamer     18th June 2020 South Africa’s development finance system is facing a strategic challenge, says IDC CEO TP Nchocho. Nchocho and some members of the IDC executive team conversed with Mining Weekly in a Zoom interview to among other things, reinforce the IDC’s key messages, address policy and strategic questions... 

Amplats targets operating at 75% to 80% capacity by year-end 

By: Marleny Arnoldi     18th June 2020 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) expects to ramp up its production to between 75% and 80% of capacity by year-end, CEO Natascha Viljoen said on June 18. Viljoen explained that Amplats had started up 20% of its production profile after the Level 5 lockdown was... 

Amplats targets operating at 75% to 80% capacity by year-end
Amplats CEO Natascha Viljoen

Panel of experts needed to oversee future of struggling Alexkor 

By: Martin Creamer     17th June 2020 A panel of experts should be formed to properly oversee the future of the struggling State-owned diamond mining company Alexkor, and to unlock the greater long-term potential of northern Namaqualand. That is the view of Sable Metals & Minerals CEO James Allan, following the briefing of the... 

Panel of experts needed to oversee future of struggling Alexkor
Photo by Creamer Media
Sable Metals & Minerals CEO James Allan

Wescoal develops SOPs, COPs for Covid, expects upcoming loss

By: Martin Creamer     15th June 2020 Coal-mining and trading company Wescoal on Monday voluntarily updated shareholders on its operations, strategic projects and milestones as well as its quarterly production and sales figures from its operating assets. Wescoal stated that it was in the process of finalising its results for the year... 

Wescoal develops SOPs, COPs for Covid, expects upcoming loss
Activity at Wescoal mining in Mpumalanga

More border openings wanted for returning workers – Minerals Council 

By: Martin Creamer     15th June 2020 More border openings are wanted for returning foreign mineworkers. As of Thursday last week, not a single foreign mineworker had re-entered South Africa from neighbouring foreign countries. “Only a limited number of border posts are open,” Minerals Council South Africa environment, health and... 

More border openings wanted for returning workers – Minerals Council
Minerals Council South Africa Covid-19 Update covered by Mining Weekly Online’s Martin Creamer. Video: Darlene Creamer

Sibanye-Stillwater invests in social development as Youth Day approaches

By: Donna Slater     12th June 2020 Powerful and visionary companies in South Africa need to “roll up their sleeves” to invest boldly in their country in its “hour of need”, especially as Youth Day approaches, with an emphasis on businesses leading and investing in the future of the people for the benefit of generations to come,... 

240 000 miners back at work – Minerals Council South Africa 

By: Martin Creamer     11th June 2020 An estimated 240 000 miners are back at work on 385 large and small mines across South Africa, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Each and every one of these miners was screened on their return to work after lockdown... 

240 000 miners back at work – Minerals Council South Africa
Mining Weekly’s Martin Creamer reports on Covid update by Minerals Council South Africa. Video: Darlene Creamer 11.06.2020

ICMM members record 287 fatalities in 2019

By: Martin Creamer     11th June 2020 The International Council on Mining and Metals (ICMM) on Thursday released the 2019 safety data of its company members, who reported 287 occupational fatalities, a marked increase from the 50 fatalities recorded in 2018 and 51 fatalities recorded in 2017. ICMM said in a media release to Mining... 

ICMM members record 287 fatalities in 2019
ICMM CEO Tom Butler

Global mining forum IGF puts forward sweeping employment reforms 

By: Martin Creamer     10th June 2020 The Intergovernmental Forum on Mining Minerals Metals and Sustainable Development (IGF) on Wednesday put forward sweeping mining employment reforms in response to the Covid-19 pandemic, which has, it states, exposed weak points in the global labour market. IGF emerged from the 2002 World Summit... 

Global mining forum IGF puts forward sweeping employment reforms
Photo by Bloomberg
Sweeping mining reforms advocated in response to Covid-19.

Weekly Coal Index heralds vital new era of African pricing transparency  

By: Martin Creamer     10th June 2020 Coal remains the dominant primary energy source for the production of electricity in South Africa. Even with high allocations for renewable energy in the latest Integrated Resource Plan (IRP) 2019, as well as the prospect of coal-plant decommissioning over the coming ten years, coal is still... 

Weekly Coal Index heralds vital new era of African pricing transparency
African Source Markets CEO Bevan Jones

MAC recognises Agnico Eagle and Cameco for sustainability projects

10th June 2020 The Mining Association of Canada (MAC) has awarded gold miner Agnico Eagle and uranium producer Cameco this year's Towards Sustainable Mining (TSM) excellence awards in recognition of their innovative sustainability projects focused on community engagement and environmental stewardship. TSM is a... 

MAC recognises Agnico Eagle and Cameco for sustainability projects

Air will be cleaner when it leaves car engine than when it enters it – Hyundai 

By: Martin Creamer     9th June 2020 Air will be cleaner when it leaves the engine of a new hydrogen fuel cell electric car than when it enters the engine of the car, Hyundai states in a double-page advertisement in the latest edition of The Economist. This ultra-clean-air automotive advance comes against the backdrop of government... 

Air will be cleaner when it leaves car engine than when it enters it – Hyundai
Platinum and hydrogen going hand-in-glove.

Public Investment Corporation increases investment in Exxaro 

By: Martin Creamer     8th June 2020 The Public Investment Corporation (PIC) has increased its shareholding in coal and renewable energy company Exxaro Resources to just over 15%, the Johannesburg Stock Exchange-listed Exxaro stated in a stock exchange news service announcement on Monday. South Africa's State-owned PIC is Africa's... 

Public Investment Corporation increases investment in Exxaro
Photo by Creamer Media
Mxolisi Mgojo

Aluminium in spotlight as LME opts for low-carbon trading platform 

By: Martin Creamer     8th June 2020 Aluminium may find itself with an officially recognised ‘green’ tag when a low-carbon version of the metal is given new trading platform next year. FT Weekend and Aluminium International Today have reported that the London Metal Exchange (LME) will next year launch a platform to trade low-carbon... 

Aluminium in spotlight as LME opts for low-carbon trading platform
Hillside Aluminium in Richards Bay.

'Cliff' notion taking back seat as Eskom coal demand outlook ebbs  

By: Martin Creamer     5th June 2020 A few years back South Africa was said to be heading towards a coal cliff but that projection is now being questioned. In the early and mid 2000, the findings of the South African Coal Roadmap were that Eskom’s contracted coal supply would plummet and its uncontracted portion balloon. 

'Cliff' notion taking back seat as Eskom coal demand outlook ebbs
Minerals Council South Africa talks coal and renewables to Mining Weekly Online’s Martin Creamer. Video: Darlene Creamer

Sector ahead of the sustainability curve, challenges remain

By: Mamaili Mamaila     5th June 2020 With many local diamond mining operations reaching their end of life, the rehabilitation and remediation of such sites – in a closure and liquidation context – has been a particular focus in recent years, says law firm Bowmans partner Wandisile Mandlana. 

Sector ahead of the sustainability curve, challenges remain
LEADING THE PACK The sector is a few years ahead of other mining subsectors locally in terms of closure

Covid, diesel, substitution nudging platinum into sweeter spot 

By: Martin Creamer     4th June 2020 Depressed platinum is being nudged into a sweeter spot by a combination of the Covid-19 pandemic, new focus on diesel vehicles, trickling substitution of platinum for palladium and worsening supply constraints, Mining Weekly can report. Covid-19 funding demands are delaying the planned rollout of... 

Well positioned to weather storm – Standard Bank

By: Martin Creamer     4th June 2020 The Standard Bank is well positioned to weather the Covid-19 storm and remains determined to emerge from this crisis as a stronger Africa-focused financial services group, Standard Bank Group FD Dr Arno Daehnke said on Thursday. The capital and liquidity levels of Africa’s biggest lender by... 

Well positioned to weather storm – Standard Bank
Standard Bank building.

First Quantum backs calls for mining communities to benefit from industry taxes

By: Simone Liedtke     4th June 2020 First Quantum Minerals (FQM) supports a call from civil society for local communities in mining areas to benefit more directly from the tax revenue paid by the industry. A multi-stakeholder symposium held this week in Solwezi, in Zambia, called for a “fairer fiscal regime for the mining sector”,... 

Exxaro assists host communities with food parcels

By: Marleny Arnoldi     3rd June 2020 JSE-listed coal miner Exxaro has stepped in to assist communities impacted by measures to halt the spread of Covid-19, through the provision of food parcels where they are needed most. South Africa grappled with poverty and hunger long before the pandemic hit, but the problem has been... 

Exxaro assists host communities with food parcels
Exxaro's Belfast mine

Responsible sourcing of critical minerals in focus as energy transition drives up demand

By: Terence Creamer     3rd June 2020 The accelerating pace and scale of the global clean-energy transition is poised to dramatically increase demand for critical energy minerals and metals, from aluminium to zirconium, with implications not only for the resources sector, but for geopolitics. The future energy system will be far more... 

Responsible sourcing of critical minerals in focus as energy transition drives up demand

Urgent plea to allow struggling alluvial diamond sector to create jobs 

By: Martin Creamer     3rd June 2020 The discovery of alluvial diamonds in the unique secondary deposits of the Middle Orange River downstream of Hopetown in South Africa in 1867 was the catalyst that initiated the development of the mining industry in Southern Africa. But compared with its heyday between the 1990s and early 2000s,... 

Urgent plea to allow struggling alluvial diamond sector to create jobs
South African Diamond Producers Organisation (Sadpo) deputy chairperson Lyndon De Meillon

IDC committed to exploring all options to rescue Kalagadi Manganese

By: Martin Creamer     2nd June 2020 South Africa's Industrial Development Corporation (IDC) said on Tuesday that it remained fully committed to exploring all its options to protect the future of Kalagadi Manganese, which has opposed business rescue proceedings. IDC said it was important to note that Friday’s court decision on... 

IDC committed to exploring all options to rescue Kalagadi Manganese
Photo by Creamer Media
Kalagadi Manganese mine.

New solution for monitoring tailings dams 

By: Martin Creamer     2nd June 2020 The tragic tailings dam breach in Brazil that killed more than 270 people has focused the world of mining on making tailings dams safe. Earlier this year, and environmental organisation Grid-Arendal launched the world’s first publicly accessible global database of mine tailings storage facilities... 

New solution for monitoring tailings dams
Photo by Creamer Media
Tailings dam.

New natural diamond council launched  

By: Martin Creamer     2nd June 2020 A natural diamond is made from carbon and is the hardest natural known substance on earth. Natural diamonds are created over a period of one to three billion years, many kilometres below the earth's mantle under natural conditions of very high pressure and high temperature. But unlike champagne,... 

New natural diamond council launched
Natural Diamond Council supports United Nations Sustainable Development Goals.

Mkango donates anaesthetic machine to Malawi hospital

By: Tasneem Bulbulia     1st June 2020 Aim-listed Mkango Resources has donated a new Mindray WATO EX-20 anaesthetic machine to the Mercy James Centre at the Queen Elizabeth Central Hospital in Blantyre, Malawi. The new anaesthetic machine will help enable the hospital set up a new operating theatre for emergency operations,... 

Outlook continues to deteriorate – Standard Bank

By: Martin Creamer     1st June 2020 The outlook for the 12 month period to the end of December continues to deteriorate, Standard Bank stated on Monday in a voluntary trading update and trading statement for the six month period ending June 30. Africa’s biggest lender by assets advised that earnings in the six months to June 30... 

Outlook continues to deteriorate – Standard Bank
Standard Bank Group building

South Africa’s biggest emitters to be exposed to public scrutiny 

By: Martin Creamer     29th May 2020 South Africa’s emission levels are as high as those of the eight-times-larger UK economy, EDS Systems business development head Eckart Zollner pointed out on Friday, when he also drew attention to the mounting pressure on South Africa’s biggest polluters to curb their greenhouse-gas (GHG)... 

South Africa’s biggest emitters to be exposed to public scrutiny
Eskom's coal-fired Duvha power station.

Conversation on getting economy back on track post-Covid has begun   

By: Martin Creamer     28th May 2020 The conversation has begun on getting the South African economy back on track with the necessary structural reforms post-Covid, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking at question time during a virtual media conference following the council’s annual general... 

Conversation on getting economy back on track post-Covid has begun
Minerals Council’s virtual media conference covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Glencore helps communities through Covid-19

By: Marleny Arnoldi     28th May 2020 Global diversified miner Glencore has responded to the societal needs that have arisen during the lockdown period in South Africa and has played an active role in assisting distressed communities affected by the Covid-19 pandemic. Glencore South Africa’s two major businesses, Coal South Africa... 

Glencore helps communities through Covid-19
Some food parcels that Glencore supplied to its host communities

Mining investment, the economy, Covid-19 opportunities make headlines 

28th May 2020 Mining Weekly editor Martin Creamer unpacks the mining industry's hopes to attract investment, the call for the urgent restoring of the country’s economy and Covid-19's in-country, self-sufficiency opportunities for South Africa. 

Mining investment, the economy, Covid-19 opportunities make headlines
Mining investment, the economy, Covid-19 opportunities make headlines

Manganese mine in strong position to weather uncertainties – Jupiter

By: Martin Creamer     28th May 2020 The Tshipi Borwa manganese mine is in a strong position to weather the uncertainties ahead, as the world struggles, probably for years to come, to recover from the devastating economic consequences of the global lockdown, Jupiter Mines nonexecutive chairperson independent Brian Gilbertson said on... 

Manganese mine in strong position to weather uncertainties – Jupiter
Photo by Creamer Media
Jupiter nonexecutive chairperson Brian Gilbertson

IDC confirms Kalagadi Manganese business rescue application

By: Martin Creamer     27th May 2020 The Industrial Development Corporation (IDC) confirmed on Wednesday that it had initiated business rescue proceedings at Kalagadi Manganese (Pty) Ltd. The application, issued out of the Johannesburg High Court on April 29, saw IDC argue that Kalagadi Manganese urgently required the restructuring... 

IDC confirms Kalagadi Manganese business rescue application
Photo by Creamer Media
Kalagadi Manganese mine in the Kalahari basin.

Environmental, social, governance integral to Prieska copper-zinc project 

By: Martin Creamer     27th May 2020 The Prieska copper-zinc mine being developed so spectacularly by Orion Minerals in the Northern Cape has environmental, social and governance principles integrally built into it, Mining Weekly can today report. The updated bankable feasibility study just released not only reduces the capital... 

Environmental, social, governance integral to Prieska copper-zinc project
General layout of the Prieska project

Gemfields accepted as corporate member of voluntary human rights initiative

By: Tasneem Bulbulia     26th May 2020 London-headquartered Gemfields, which owns the Kagem emerald mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has become the first gemstone company in the world to be recognised as a corporate member by the Voluntary Principles on Security and Human Rights (VPSHR). The principles are... 

South Africa’s potential to export green hydrogen boosted   

By: Martin Creamer     26th May 2020 South Africa, which has been examining its competitiveness as a potential supplier of green hydrogen to Japan, is also being courted by Europe as a potential supplier in a world that is taking steps to decarbonise, Mining Weekly can report. Clean hydrogen is enjoying unprecedented political and... 

South Africa’s potential to export green hydrogen boosted
Japan, Europe, California creating demand for production of green hydrogen in South Africa.

Mponeng detects 196 Covid cases, suspends mining – AngloGold Ashanti

By: Martin Creamer     24th May 2020 Gold mining company AngloGold Ashanti on Monday confirmed that, following the detection of its first positive Covid-19 case at its Mponeng gold mine last week, a comprehensive screening, contact tracing and testing programme had revealed 196 positive cases at the site in Merafong, in Gauteng... 

Mponeng detects 196 Covid cases, suspends mining  – AngloGold Ashanti
Mponeng Gold Mine

Full reopening of mining from June 1 – President Ramaphosa

By: Martin Creamer     24th May 2020 Subject to strict Covid-19 protocols, mining will be allowed to reopen fully from June 1, President Cyril Ramaphosa said on Sunday. In his address on South Africa’s response to the coronavirus pandemic, the President announced that South Africa would advance to level 3 from June 1, with an... 

Full reopening of mining from June 1 – President Ramaphosa
Photo by Creamer Media's Donna Slater
President Cyril Ramaphosa
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