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CSR News
Platinum coins, COP and the Marula mine make headlines 
22nd May 2020 Mining Weekly editor Martin Creamer unpacks the success of South African platinum coins, the gazetting of the guidelines for a mandatory Code of Practice in the mining industry during covid-19, and the Marula mine being temporarily suspended. →
Mining becoming significant corporate buyer of renewable energy – ICMM 
By: Martin Creamer 21st May 2020 The mining industry has started to become a significant corporate buyer of renewable energy in regions where these technologies have become reliable and cost-competitive compared with fossil fuel-based electricity, says the International Council on Mining and Metals (ICMM). These regions include... →
Gazetted Covid guideline restates much of what mining has already adopted
By: Martin Creamer 20th May 2020 The newly gazetted guideline to prevent, mitigate and manage the Covid-19 pandemic on mines is largely a restatement of what has already been adopted by the mining industry. Most of the requirements of the code of practice (COP) mandated in the gazette already form part of the standard operating... →
Covid prevention a must at mines – gazette
By: Martin Creamer 20th May 2020 Covid-19 prevention, mitigation and management programmes must be established at mines using the guideline gazetted by Chief Inspector of Mines David Msiza on Tuesday. The gazette notice states that this guideline provides minimum requirements for the compilation of a code of practice to prevent... →
Chief Inspector of Mines David Msiza
Mandatory code of Covid mining practice gazetted
By: Martin Creamer 19th May 2020 South Africa's guidelines for a mandatory Code of Practice (COP) to mitigate and manage the Covid-19 pandemic in the mining industry have been gazetted. Failure by employers to prepare and implement a mine's COP in line with the guidelines would constitute a criminal offence and a breach of the... →
Mineral Resources and Energy Minister Gwede Mantashe
Glencore Coal donating food to Mpumalanga communities
By: Martin Creamer 18th May 2020 Glencore group company Glencore Coal had, at the time of Mining Weekly going to press, distributed more than 1 250 food parcels worth over R658 000 to the communities of Mpumalanga, as part of its ongoing response to the Covid-19 pandemic. Last month, the London- and Johannesburg-listed Glencore... →
Minister, premier, Implats meet on Limpopo Covid detection
By: Martin Creamer 17th May 2020 Mineral Resources and Energy Minister Gwede Mantashe on Sunday convened an urgent meeting with the Limpopo Provincial Government, led by Premier Stanley Mathabatha, and Impala Platinum (Implats) Marula mine management, following confirmation of a cluster of Covid-19 cases being detected in and... →
Implats suspends Marula after detecting 19 positive Covid cases
By: Martin Creamer 16th May 2020 Platinum group metals mining company Implats on Saturday confirmed that a cluster of positive Covid-19 cases had been detected in and around its Marula operation in Limpopo province following stringent and comprehensive screening, testing and tracing protocols. The JSE-listed company said it had... →
World’s largest emerald mine not exempt from pandemic
By: Tracy Hancock 15th May 2020 The turmoil stemming from the global Covid-19 outbreak represents one of the most serious challenges that many companies face globally, and the world’s largest emerald mine, Kagem, is no exception, says emerald and ruby mining and marketing company Gemfields CE Sean Gilbertson. Kagem, in... →
Anglo American to move corporate office to Rosebank
By: Martin Creamer 14th May 2020 Diversified mining company Anglo American, while committing to upholding the legacy of its historic central business district (CBD) presence in downtown Johannesburg, has decided to relocate its Johannesburg CBD colleagues to a new consolidated corporate office in Rosebank, north of the city... →
Historic Anglo American corporate offices in central Johannesburg.
Glencore beats emissions target, sets out to deliver safety step change
By: Martin Creamer 14th May 2020 Diversified mining and marketing company Glencore significantly surpassed its emission target in 2019 but described its safety performance as being unacceptable. In announcing the publication on its website of its 2019 Sustainability Report as well as its environment, social and governance (ESG)... →
Power station switch from coal to hydrogen sets new global example
By: Martin Creamer 14th May 2020 The transitioning of a US power station from coal to renewable hydrogen is leading the way in a world urgently in need of meaningful action to combat climate change. The ground-breaking transition by Intermountain Power Agency of Utah, is being facilitated by Mitsubishi Hitachi Power Systems,... →
Renewable hydrogen stored underground.
Hydrogen gaining increasing levels of interest – AP Ventures
By: Martin Creamer 13th May 2020 Hydrogen and the applications that it can enable are gaining increasing levels of interest and traction, says AP Ventures LLP. “We’re very optimistic about the role that fuel cells and hydrogen will play in decarbonising key sectors of the economy,” says AP Ventures in a written response to... →
Platinum-using hydrogen fuel cell.
World’s top mining companies committed to climate change solutions – ICMM
By: Martin Creamer 13th May 2020 Twenty seven of the world's leading mining and metals companies and 36 associations are committed to climate change solutions through their membership of the International Council on Mining and Metals (ICMM), Mining Weekly can today report. The ICMM is an international organisation dedicated to a... →
Anglo delivering through volatile times with $14.5bn liquidity
By: Martin Creamer 12th May 2020 How Anglo American is ‘delivering through volatile times’ was outlined on Tuesday at Bank of America’s virtual global metals, mining and steel conference, where it reiterated its strong liquidity position of $14.5-billion, made up of $6.9-billion in cash and $7.6-billion in undrawn committed... →
Anglo American's FutureSmart MiningTM is an innovation-led approach to sustainable mining.
RBPlat supports local communities during pandemic
By: Simone Liedtke 12th May 2020 Royal Bafokeng Platinum (RBPlat) has pledged R3-million to support its local communities during the Covid-19 pandemic. The investment will provide about 2 500 food hampers and hygiene care packs to the needy and vulnerable communities over a three-month period. →
RBPlat CEO Steve Phiri
Sibanye reports record earnings, record gold safety, cut debt ratio
By: Martin Creamer 12th May 2020 Record quarterly earnings, record gold-mining safety and a sharply falling debt ratio were achieved by precious metals mining company Sibanye-Stillwater in the first three months of 2020. In an operating update for the quarter ended March 31, the Johannesburg- and New York-listed company... →
Sibanye-Stillwater CEO Neal Froneman
Pan African lifts Covid help to R5m, recalls workers, unhedges
By: Martin Creamer 11th May 2020 Gold mining company Pan African Resources stated on Monday that it had increased its Covid-19 assistance to R5-million, recalled its permitted employees, updated production guidance and removed hedging from the end of June. Headed by CEO Cobus Loots, the London- and Johannesburg-listed company... →
Pan African's Fairview gold operation.
Lion ferrochrome smelter, Eastern Chrome mines restart – Merafe
By: Martin Creamer 8th May 2020 Operations at the Lion ferrochrome smelter and Eastern Chrome mines of the Glencore Merafe Chrome Venture have recommenced, but the Boshoek, Rustenburg, Wonderkop, Lydenburg smelters and Kroondal mine will remain on care and maintenance until the macroeconomic environment improves, Merafe... →
The Lion ferrochrome plant, which uses 37% less electricity.
Harmony Gold targeting Covid test facilities on own mine premises
By: Martin Creamer 7th May 2020 Gold mining company Harmony Gold is targeting the establishment of coronavirus testing facilities at its own premises to speed up the current two-day turnaround time. “As an industry, we’ve put together a process to get more test facilities on our own premises. At the moment we do it through... →
Peter Steenkamp
Harmony Gold’s operational free cash more than doubles to R3bn
By: Martin Creamer 6th May 2020 The operating free cash flow margin of gold mining company Harmony Gold more than doubled in the nine months to March 31 to 13% from 6% in the corresponding period last year. This was due largely to a 21.6% increase in the average rand gold price received for the period to R704 965/kg, the... →
Peter Steenkamp
Barrick’s Bristow receives massive vote of confidence
By: Martin Creamer 6th May 2020 Barrick Gold Corporation on Wednesday announced that the nominees listed in the information circular for the 2020 annual meeting of shareholders were elected as directors of Barrick. Detailed results of the vote for the director’s election shows that Dr Mark Bristow, who has still to reach his... →
Mark Bristow
Buffalo implements ‘no work, no pay’ for unusable services employees
By: Martin Creamer 6th May 2020 Coal mining company Buffalo Coal said on Wednesday that it had implemented a ‘no-work-no-pay’ policy for those employees whose services could be not utilised since the extension of national lockdown on April 17. In its fourth Covid-19 update, Buffalo stated that it had successfully implemented... →
MC Mining restarts, ‘no work, no pay’ for nonessential staff
By: Martin Creamer 5th May 2020 The mechanised Uitkomst underground colliery has restarted, with ramp up to 50% capacity expected in seven to ten days, London-, Sydney- and Johannesburg-listed MC Mining said on Tuesday. The lockdown’s impact on activities at the corporate office had led to the implementation of business... →
Amplats ramps up stricken smelter, force majeure to be lifted
By: Martin Creamer 5th May 2020 The repair of the stricken Anglo Converter Plant (ACP) Phase B unit has been safely and successfully completed ahead of schedule, Anglo American Platinum (Amplats) said on Monday. Amplats' chain of processing facilities, as well as the ACP Phase B unit that was meant to replace it, was... →
A general view of the Anglo Converter Plant.
Exxaro provides more Covid relief, releases ESG report plus financials
By: Martin Creamer 4th May 2020 Diversified mining and renewable energy company Exxaro on Monday pledged a further R3.45-million aid in response to the Covid-19 pandemic, while also releasing its integrated sustainability report and making available its audited financial statements for 2019. The latest R3.45-million to assist... →
Exxaro CEO Mxolisi Mgojo
Bushveld enhances liquidity, implements detailed Covid programme
By: Martin Creamer 4th May 2020 Vanadium producer Bushveld Minerals, which on Monday provided an operational update on Bushveld Vanadium and Bushveld Energy for the three months to March 31, is implementing a detailed programme in response to the Covid-19 pandemic and drawing down its full R375-million of bank debt facilities... →
Fortune Mojapelo
Mopani Copper Mines restarting operations for 90 days
By: Martin Creamer 3rd May 2020 Glencore-managed Mopani Copper Mines confirmed on Sunday that constructive discussions had taken place with the Zambian government and that mining operations would be restarted and a notice issued of the company’s intention to place the mining operations on care and maintenance after 90 days.... →
Unplanned interruptions likely to be regular feature – Implats
By: Martin Creamer 30th April 2020 Unplanned interruptions are likely to be a regular feature of the remaining months of the 2020 financial year, Implats CEO Nico Muller said on Thursday, when his platinum group metals mining and refining company presented production results for the three months to March 31. The impact of the... →
De Beers makes Covid donation to help women in host communities
By: Martin Creamer 29th April 2020 Diamond mining and marketing company on Wednesday announced a $200 000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in gender-based violence resulting from Covid-19.... →
RBPlat bucks turbulent trend with stable first-quarter production
By: Martin Creamer 29th April 2020 Platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Wednesday reported stable first-quarter production output despite significant operational headwinds related to power grid stability, the Anglo American Platinum (Amplats) force majeure declaration and the Covid-19 pandemic.... →
Royal Bafokeng Platinum CEO Steve Phiri
RBM makes R1.5m Covid food, water pledge
By: Martin Creamer 29th April 2020 KwaZulu-Natal minerals sands mining and beneficiation company Richards Bay Minerals has committed R1.5-million towards meeting mine community food, water and health needs during the Covid-19 crisis. RBM, which Rio Tinto manages as a 74% shareholder, produces predominantly rutile, zircon, titania... →
Morale high as Covid-masked South African miners get back to work
By: Martin Creamer 28th April 2020 Morale is reportedly high as Covid-masked and physically distanced South African mineworkers get back to mining underground for companies that have gone the extra mile to ensure that they have been fully remunerated and host communities generously funded during the national lockdown. In a... →
Opencast mines may return to 100% of capacity from May 1 – Patel
By: Martin Creamer 27th April 2020 Opencast mines are permitted to return in phases to 100% operation from May 1 but underground mines must continue at 50% of production capacity, Trade and Industry Minister Ebrahim Patel said on Saturday. Speaking during a media briefing covered by Mining Weekly on South Africa’s easing from the... →
Tshipi opencast miner able to recommence 100% from May 1 – Jupiter
By: Martin Creamer 27th April 2020 Tshipi Borwa, an opencast manganese mine in the Kalahari manganese field of the Northern Cape, will be able to commence operations at 100% levels from May 1, Jupiter Minerals has noted. During a briefing hosted on Saturday April 25, Trade, Industry and Competition Minister Ebrahim Patel provided... →
Learning curve still too steep to define ‘best practice’ mining response
By: Martin Creamer 27th April 2020 The rapidly evolving Covid-19 crisis learning curve is still too steep to conclusively define what a ‘best practice’ response looks like from the mining industry, says the International Council on Mining and Metals (ICMM), which is facilitating a rapid exchange of information and knowledge to... →
Lesotho permits diamond mining to restart while lockdown continues
By: Martin Creamer 24th April 2020 The Lesotho government has permitted diamond mines to reopen from Monday, ahead of the May 5 lockdown extension, Gem Diamonds said on Friday. Mining Weekly can report that Lesotho is authorising diamond-mining’s recommencement in the Mountain Kingdom, contingent on compliance with Covid-19 health... →
Kumba adds to liquidity with cost saving, capex deferral
By: Martin Creamer 23rd April 2020 Iron-ore mining company Kumba Iron Ore said on Thursday that it was targeting a cost saving of R325-million and deferral of R1-billion of non-critical capital expenditure (capex) as a measure of prudence in the face of broad-based economic uncertainty across the world’s markets. Mining Weekly can... →
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