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CSR News
Mineral-rich West Africa shows much potential
By: Mamaili Mamaila 12th April 2019 The cheerful mood among operators at the 2019 Investing in African Mining Indaba, coupled with some proactive and innovative governments competing for attention, suggests that the West African mining sector’s vast potential may increasingly be realised through the successful development of new... →
Exploration trends likely to improve significantly in West Africa
By: Mamaili Mamaila 12th April 2019 While mining progress in West Africa will vary from country to country, with one or two discrete discoveries, developments often set significant change into motion, says engineering consulting company SRK Consulting South Africa partner and principal consultant Andrew van Zyl. Recent studies have... →
Minerals Council calls for delay of at least five years in carbon tax implementation
By: Rebecca Campbell 12th April 2019 The Minerals Council South Africa (Minerals Council), the representative body for the mining industry in the country, has called on government to delay the implementation of the new carbon tax. “The Minerals Council would like to see a delay of at least five years for the implementation of the... →
Technical assessments launched after housing damage in Ogies 
By: Marleny Arnoldi 5th April 2019 Mineral Resources Minister Gwede Mantashe says technical assessments will be undertaken in Ogies, Mpumalanga, to determine whether cracks in the Phola community’s houses have been as a result of three nearby mines’ activities. This follows after the Minister consulted the Phola community, near... →
Anglo taking tailings dam monitoring to next level
By: Martin Creamer 4th April 2019 Diversified mining company Anglo American is implementing new techniques that give the company far more control over tailings dams, which have been thrown into the spotlight after the tragic loss of life at Brumadinho, in Brazil, where an iron-ore tailings dam collapsed at Vale’s Corrego do... →
How Anglo American is reducing tailings dam risk
Anglo hopes to run truck on hydrogen in 12 months – O’Neill
By: Martin Creamer 3rd April 2019 Diversified mining company Anglo American hopes to have a truck running on hydrogen in the next 12 months, Anglo American technical director Tony O’Neill said on Wednesday, when he spoke of foreseeing the company’s installed diesel fleet one day being replaced by an electrical alternative. To... →
Graphic showing how sun can provide electricity to produce hydrogen that powers mine fleets.
Mining stakeholders unable to assess effectiveness of sustainability investments – analyst
By: Nadine James 29th March 2019 Companies face immense pressure to positively contribute to the alleviation of pressing environmental, social and economic issues, owing to combined expectations and scrutiny of asset managers, stock exchanges, current and prospective employees as well as consumers, notes sustainability... →
Under Mantashe, SA mining’s narrative changes from ‘completely negative’ to ‘something approaching positive’
By: Natasha Odendaal 29th March 2019 Stability, policy and regulatory certainty and rebuilding trust have been key themes in Mineral Resources Minister Gwede Mantashe’s first year in office. Taking the reins on February 27, 2018, of a government department overseeing one of the most difficult and fragmented industries in South... →
Exxaro unveils new ultramodern headquarters 
By: Martin Creamer 28th March 2019 South Africa’s largest coal producer and black-empowered coal company Exxaro has unveiled its new ultramodern headquarters. The conneXXion, in Centurion, has e-parking bays for employees to charge their electric or hybrid vehicles while they work, and attractive central staircases to encourage... →
Exciting DRDGold expertise deserves international prominence – Froneman
By: Martin Creamer 27th March 2019 The exciting gold-from-tailings expertise of DRDGold, which has decades of experience in recovering precious metals profitably from mine dump material, deserves international prominence which Sibanye-Stillwater intends to afford it, CEO Neal Froneman said on Wednesday. Froneman drew attention to... →
Sibanye-Stillwater CEO Neal Froneman with Joburg Indaba chairperson Bernard Swanepoel
Galane donates Galaxy shares to Phakamani Foundation
By: Marleny Arnoldi 20th March 2019 TSX-listed Galane Gold has completed the donation of 17% total issued share capital of Galaxy Gold Mining to the Phakamani Foundation, as part of its empowerment requirements in South Africa. Phakamani is a development micro-finance institution that provides loans to expose entrepreneurs to... →
Menar’s Canyon offers Eskom cheaper coal on open-book basis 
By: Martin Creamer 19th March 2019 Coal mining company Canyon Coal, a Menar group company, is prepared to offer coal to State-owned electricity utility Eskom at a cheaper price on an open-book basis from two new projects. The Menar group, which does not supply coal to Eskom at present, employs 3 500 people on a R7-billion asset... →
Company readies itself to be key supplier
By: Halima Frost 15th March 2019 Germany-based coal cutting machinery and gearbox manufacturer and its subsidiary Eickhoff SA is strategically gearing up to comply with the black economic empowerment (BEE) and Mining Charter requirements in the local market. In January, Eickhoff SA finalised the transition from a Level 8 BEE... →
Eskom reform urgent to restore ferrochrome potential
By: Martin Creamer 12th March 2019 The demise of State power utility Eskom has caused South Africa to lose its optimal position in the lucrative ferrochrome business. Because of Eskom’s decline, unbeneficiated chrome ore exports from South Africa to China have enabled the Asian giant to ascend up the ferrochrome production ladder. →
South African chrome underpins China's ferrochrome dominance.
Merafe declares record dividend on lower profit, higher output
By: Martin Creamer 11th March 2019 Chrome and ferrochrome company Merafe, which on Monday reported lower profit on higher production, has declared a record dividend that represents a distribution of 51% of headline earnings. The ungeared company had net year-end cash of R281-million and the R200-million unsecured, three-year... →
Merafe CEO Zanele Matlala
Charter may encourage unreasonable community expectations – economist
By: Nadine James 8th March 2019 The new Mining Charter imposes several transformation-based changes, including a minimum 30% broad-based black economic empowerment shareholding, which also stipulates that a minimum of 5% nontransferable shares or the equity equivalent be paid to host communities, Economic Development Solutions... →
RBPlat highlights encouraging new govt approach to mining
By: Martin Creamer 5th March 2019 South Africa’s only community owned mining group, Royal Bafokeng Platinum (RBPlat), on Tuesday highlighted the positive contribution being made to the local mining industry by President Cyril Ramaphosa and Mineral Resources Minister Gwede Mantashe and pledged to do its bit towards conquering... →
Royal Bafokeng Platinum secures R1bn building block
By: Martin Creamer 5th March 2019 Black-owned and black-managed platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Tuesday announced a capital raise of R1 029-million through a rights offer that represents the key final building block to secure the company's path to 500 000 oz of platinum group element (4E)... →
De Beers honours Diamond Beneficiators project’s first graduates
By: Nadine James 1st March 2019 De Beers Group on Thursday night celebrated the successful conclusion of the first phase of its Enterprise Development Project for Diamond Beneficiators. Five black South African-owned diamond and cutting companies graduated following a three-year entrepreneurial development programme. →
Foundation driving youth participation in mining industry
By: Mamaili Mamaila 1st March 2019 Although the mining industry has not appealed to many young people for quite a while, this is starting to change through initiatives such as the Young Leaders Career Development Programme, says nonprofit organisation Learn and Give Education Foundation (LGEF) co-founder and chairperson Teboho... →
More support for Mining Indaba
By: Mamaili Mamaila 1st March 2019 The Investing in African Mining Indaba celebrated its twenty-fifth anniversary, and the 2019 edition was the best one yet, says mining investment conference Mining Indaba marketing head Joanna Kotyrba. →
Kimberley Process must grasp opportunity to correct limitations – WDC president
By: Nadine James 28th February 2019 As this is the final year of the Kimberley Process’ (KP’s) three-year review, the organisation must grasp the opportunity to correct failings in the system designed to prevent conflict diamonds from entering the distribution chain, World Diamond Council (WDC) president Stephane Fischler told a... →
Freight rates drop as more ships become available – Assore
By: Martin Creamer 27th February 2019 Freight rates have dropped quite substantially since the iron-ore tailings dam tragedy in Brazil ,with more vessels becoming available, Assore CEO Charles Walters reports. Since the Brumadinho dam disaster, some 30-million tonnes of iron-ore supply have been withdrawn from the market. →
Assore CEO Charles Walters
Mick Davis’ Niron believes Zogota can unlock Guinea’s rich potential
By: Martin Creamer 25th February 2019 Mining luminary Mick Davis’s new company Niron Metals on Monday expressed the belief that the development of the Zogota iron-ore endowment in Guinea had the potential to unlock the country’s rich resources for the benefit of all stakeholders. Davis, who is well known for his impressive record in... →
A flashback to Mick Davis' Xstrata days with South Africa's former Mineral Resources Minister Phumzile Mlambo-Ngcuka.
Namibian uranium industry prepares for uptick
By: Mc'Kyla Nortje 22nd February 2019 Amid a depressed market and low uranium prices, the Namibian uranium industry is streamlining operations through process optimisation and undertaking additional exploration, to overcome these challenges and be prepared for when the market improves, says Namibian Uranium Institute (NUI) executive... →
Linhleko Projects, FLSmidth partner to boost Waterval chrome production by 20%
By: Nadine James 21st February 2019 Black-owned fabrication and mining installations company Linhleko Projects this week officially launched its cooperation agreement with FLSmidth – a 50/50 profit sharing agreement in which Linhleko uses FLSmidth’s REFLUX Classifier (RC) technology to enhance chrome recovery from... →
Strike-hit but upbeat Sibanye confident of value uplift as precious metals shine
By: Martin Creamer 21st February 2019 Precious metals company Sibanye-Stillwater expressed confidence on Thursday that the global precious metals surge would enable it to deliver value despite the prolonged strike challenge that the company is contending with. The company reported 8%-lower earnings before interest, taxes,... →
Sibanye-Stillwater CEO Neal Froneman
Glencore auditing 140 slimes dams
By: Martin Creamer 20th February 2019 Diversified mining and marketing company Glencore is auditing 140 slimes dams, 65 of them active and 75 of them closed. The company has been undertaking detailed assessments and audits of all material tailings storage facilities (TSFs) over the past three years, after accumulating a TSF... →
Fifty-one percent of Glencore's tailings storage faciities are upstream dams.
Coal capped at 150 Mt/y – Glencore
By: Martin Creamer 20th February 2019 Diversified mining and marketing company Glencore has capped its coal capacity at 150-million tonnes of coal a year, a figure that it is close to and which it will not exceed. The company has been working on the cap with its investors since 2016 in the interests of the transitioning to a low... →
Glencore is using wind turbine generated energy in Canada and Australia
Glencore ups low carbon transition, limits coal output
By: Martin Creamer 20th February 2019 Diversified mining company Glencore said on Wednesday that it was furthering its commitment a low carbon transition, following engagement with the investor signatories of the Climate Action 100+ initiative. As one of the world’s largest diversified mining companies, Glencore sees itself as... →
Brazil iron-ore tragedy brings home reality of mining risk – Kumba
By: Martin Creamer 19th February 2019 Following 58 mineworkers suffering fatal occupational accidents in South Africa in 2018, Kumba Iron Ore CE Themba Mkhwanazi on Tuesday drew attention to 2019 beginning globally with the tragic loss of life at Brumadinho, in Brazil, as a result of an iron-ore tailings dam collapse that killed 170... →
Price premiums boosting quality-focused Kumba Iron Ore
By: Martin Creamer 19th February 2019 South Africa’s Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights. Structural change and strong growth in particularly the China steel market has placed the Anglo American group company... →
Kumba pays dividend, boosts safety, explores, creates local jobs
By: Martin Creamer 19th February 2019 Product-improving Kumba Iron Ore generated hefty operational cash flow, paid a competent final 2018 cash dividend, pressed on with exploration in a new area and supported the creation of 2 600 new jobs in the local community, during a fatality-free, safety-boosted year, characterised by higher... →
South32 finalising preferred list of coal mine bidders
By: Martin Creamer 14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... →
South32 CEO Graham Kerr
DRDGold profit down, gold reserves up
By: Martin Creamer 13th February 2019 Surface gold mining company DRDGold on Wednesday reported a 54% fall in operating profit to R102.2-million in the six months to December 31, but a major jump in mineral reserves. Reserves shot up by 83% to six-million ounces of gold from a former 3.28-million ounces but gold production in the... →
DRDGold CEO Niël Pretorius
Harmony cuts energy consumption, ushering in solar, mulling biofuels
By: Martin Creamer 12th February 2019 Gold mining and exploration company Harmony Gold is intensifying its efforts to cut electricity consumption to a minimum while also looking at introducing solar power and biofuel energy. CEO Peter Steenkamp said on Tuesday when the company issued its half-year results that Eskom’s problems could... →
Xolobeni judgment continues to confound
By: Martin Creamer 11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other. But the... →
PGM-using patents abound – CPM
By: Martin Creamer 31st January 2019 Viable patents that involve the use of platinum group metals (PGMs) should be commercialised so that PGMs become less dependent on the automotive market, says CPM Group MD and founder Jeffrey Christian. CPM’s current projections, which are similar to those in the automotive and electricity supply... →
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