R/€ = 17.54 Change: -0.07
R/$ = 14.89 Change: -0.10
Au 1795.97 $/oz Change: -12.11
Pt 1055.98 $/oz Change: -6.59

Martin Creamer

Martin Creamer

Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.

Tel: +2711 622 3744


First Word

Illegal mining scourge needs to be tackled at all levels

By: Martin Creamer     12th June 2009 The bodies of at least 96 illegal miners have been brought to the surface in South Africa so far this year, more than miners killed on legal duty. 

Nicky O wants Africa’s economic lions to roar, small car push may favour palladium, rhodium, exploration cuts could see prices soar on upturn

By: Martin Creamer     5th June 2009 De Beers chairperson Nicky Oppenheimer wants Africa’s economic lions to be made to roar. Read on page 6 of this edition of Mining Weekly of Oppenheimer’s call for the economic lions of Africa to work together towards improving the continent’s competitiveness “urgently”. 

Asia, Africa and commodities cycle upturn, South Africa-style charter for Namibia, Zambia inks uranium-mining regulations

By: Martin Creamer     29th May 2009 Frontier Advisory CEO Dr Martyn Davies told mining investors in Johannesburg last week that those who believed, as he obviously does, in the long-term urbanisation success story of China and India, should invest in mining in Africa, “because that’s where the commodities are going to come from”.  

Gold is having a rebirth, says AngloGold, new Kopanang uranium plant planned

By: Martin Creamer     22nd May 2009 AngloGold Ashanti CEO Mark Cutifani sees gold as having a rebirth and was also very bullish on uranium as the company presented a “milestone” set of first-quarter results that recorded an “all-time US dollar earnings high”. 

Free cash, best-ever safety from Gold Fields, debt-free cash flow from Harmony Gold, more discovery at Gounkoto from Randgold

By: Martin Creamer     15th May 2009 South African gold-mining major Gold Fields put R1,4-billion of free, unencumbered cash into the till in the March quarter, achieved its best-ever safety performance, fixed production on a firm upward trajectory and cut costs by 2%. 

Pamodzi Gold gets R7,5m for water pumping Liberia clears Delta of impropriety, iron-ore trades on exchange for first time

By: Martin Creamer     8th May 2009 The South African government’s Department of Minerals and Energy (DME) last week deposited R7,5-million into the account of the provisionally liquidated Pamodzi Gold East Rand to enable it to fight off the dangerous rising water onslaught at the Grootvlei gold mine. 

Second-quarter Lonmin platinum sales up, six gold mines in provisional liquidation, BRC DiamondCore liquidation hearing

By: Martin Creamer     1st May 2009 Platinum producer Lonmin maintained its sales guidance of 700 000 oz for its 2009 financial year, reporting last week that sales in the first half were around 45% of the full-year target and ahead of its initial expectations for the period. Read on page 47 of this edition of Mining Weekly of the... 

Anglo says commodity prices stabilising, Rio sees Chinese steel rise in second half, De Beers sees diamond improvement signs

By: Martin Creamer     24th April 2009 he prices of most commodities appear to have stabilised, says Anglo American CEO Cynthia Carroll. Read on page 5 of this edition of Mining Weekly of the copper price increasing by more than 50% off its December low, platinum going above $1 200/oz from its sub-$800/oz October lows, nickel going to... 

Ferrochrome price seen to have bottomed, survey forecasts new highs for gold, big Mozambique coal project under way

By: Martin Creamer     17th April 2009 Merafe Resources CEO Steve Phiri believes that the ferrochrome price has bottomed at the European benchmark price of US69c/lb. Read on page 5 of this edition of Mining Weekly of Phiri’s belief that the price “can only go up from here”. Phiri made this forecast after the second-quarter (Q2) level... 

Carbon capture and storage centre opens, new beneficiation strategy gets CoM nod, dominate in resources, urges Clem Sunter

By: Martin Creamer     10th April 2009 South Africa’s Centre for Carbon Capture and Storage (CCS) was opened on March 27, and will start working towards its vision of having a CCS demonstration plant operational in South Africa by 2020. 

Capital raising back for reviving platinum, AngloGold pays Pamodzi Orkney wages, commercial gold from under Golden City

By: Martin Creamer     3rd April 2009 Midtier platinum-miner Aquarius Platinum plans to raise between $233-million and $249-million through an equity capital raising and a convertible bond issue to help fund its proposed acquisition of Ridge Mining. 

New 100% junior mining tax write-off, second wave of BEE may be harder, Pamodzi trying to avoid full liquidation

By: Martin Creamer     27th March 2009 South African Finance Minister Trevor Manuel’s July 1 tax-break introduction for investment in support of junior mining is seen as an attempt to create a new class of investor that is “generously incentivised” to support the bottom end of the junior mining scale. 

Far-reaching mineral-rights judgement, R4,5bn for Mpumalanga coal mine, move to clean coal vital for South Africa

By: Martin Creamer     20th March 2009 A new judgement has thrown the cat among the mineral-rights pigeons. In terms of the use-it-or-lose-it principle of South Africa’s Mineral and Petroleum Resources Development Act (MPRDA), holders not using the rights are expected to meekly withdraw without compensation. 

Pulling together to ride out diamond slowdown, State Diamond Trader and structural inefficiency, De Beers keen to help industry weather meltdown

By: Martin Creamer     13th March 2009 Diamond Council of South Africa and Diamond Dealers Club of South Africa chairperson Ernest Blom is leading the charge to keep the diamond industry sparkling during this period of global economic slowdown. 

New Exxaro coal mine for ‘another Medupi’, 20 trespassing gold-miners are found dead, TWP project pipeline cut down to R100bn

By: Martin Creamer     6th March 2009 Black-controlled JSE-listed coal-miner Exxaro is talking to independent power producers (IPPs) about sizing one of its new mines to support what could be “another Medupi”, but made up of several IPPs. 

Anglo senses increasing Chinese demand, Kumba Iron Ore in rail PPP talks, diamond improvement as year progresses

By: Martin Creamer     27th February 2009 The share price of diversified mining major Anglo American fell heavily after the iconic South Africa-rooted company said that it was suspending dividend payments and was shedding 19 000 jobs, but a glimmer of hope is contained in the comment from Anglo CEO Cynthia Carroll that the company senses... 

Manuel postpones royalties to save mine jobs, call for more rail capacity for coal exports, coal junior snaps up port export entitlements

By: Martin Creamer     20th February 2009 In an effort to mitigate job losses in the mining industry, South Africa’s Finance Minister, Trevor Manuel, has seen fit to delay the implementation of the new royalties, against which mining companies have campaigned unsuccessfully for some time. 

Prepare SA coal for next boom, Northam foresees platinum recovery in 2010, Mozambique to start shipping coal in 2010

By: Martin Creamer     13th February 2009 South Africa’s coal industry needs to ready itself for the next coal boom, which will undoubtedly occur, says Anglo Coal South Africa CEO Ben Magara on page 9 of this edition of Mining Weekly. 

Gold shares to outshine platinum shares, Zim central bank moots mining overhaul, manganese smelter to close for two months

By: Martin Creamer     6th February 2009 South African gold shares are poised to outdo South African platinum shares in the first half of 2009, Royal Bank of Canada Europe analysts Leon Esterhuizen, Arnold van Graan and Yuen Low calculate. 

De Beers inspires with stirring oratory, Petra changes to larger diamonds, JCI-Randgold & Exploration rematch

By: Martin Creamer     30th January 2009 Ranking first for inspiration in the face of unprecedented global economic adversity is the stirring oratory of De Beers chairperson Nicky Oppenheimer and De Beers MD Gareth Penny. Read on page 16 of this edition of Mining Weekly of the mood in the world diamond camp as last year’s growth plans... 

GFMS says $1 080/oz gold possible this year, Xstrata-Merafe ferrochrome down to 20%

By: Martin Creamer     23rd January 2009 Metals consultancy GFMS expects gold prices to range between $750/oz and $1 080/oz in 2009, executive chairperson Phillip Klapwijk says on page 14 of this edition of Mining Weekly. 

BHP Billiton investing, maintaining volumes, new Barrick CEO sees ‘exciting’ time for gold, Delta sues Liberia govt over iron-ore concession

By: Martin Creamer     16th January 2009 The world’s largest mining company, BHP Billiton, is proving exemplary, even during the worst global financial meltdown since the 1930s. Read on page 4 of this edition of Mining Weekly that BHP Billiton is maintaining its sales volumes and continuing to invest. 

Mining cuts back across the globe, retrenchments seen as ‘last resort’

By: Martin Creamer     12th December 2008 The credit crunch has set mining off on a losing streak as the world looks to putting the brakes on production to avoid the build-up of surplus stocks. 

Chamber warns on new mine safety Bill, Transnet moves more export coal, copper-miner Metorex to raise R922m

By: Martin Creamer     5th December 2008 South Africa’s new Mine Health and Safety Amendment Bill is “unconstitutional” and will lead to more highly skilled managers and supervisors leaving the country, the Chamber of Mines of South Africa says. 

Froneman re-enters fray as Gold One, Randgold expects clean-out of juniors, unsolicited bids pour in for Zim mines

By: Martin Creamer     28th November 2008 Modder East gold mine on South Africa’s East Rand is set to be “unbelievably profitable”, the proposed Ventersburg mine in the Free State is “really promising”, the Tulo prospect in Mozambique could be a “company maker”, Bothaville could eventuate as the first Bothaville Gap mine and Etendeka, in... 

Chinese fiscal stimulation effects in 2009, diamond-miner in ‘difficult’ period, Anglo Platinum in R1,4bn housing project

By: Martin Creamer     21st November 2008 The effects of Chinese fiscal stimulation can be expected “sometime in 2009”, says Rio Tinto CEO Tom Albanese on page 6 of this edition of Mining Weekly. 

Cost levels fall for Randgold Resources, uranium contracts to 2015 for Rössing, US housing weakness hits pigment sector

By: Martin Creamer     14th November 2008 In the past 30 days, Randgold Resources has virtually returned to the cost levels of September 2007, says CEO Dr Mark Bristow on page 30 of this edition of Mining Weekly. 

Gold production in ‘critical’ decline, $1 000/oz gold price possible in 2009, forex-hit Zim gold mine stops producing

By: Martin Creamer     7th November 2008 Gold production is “in crisis” and a gold price of $900/oz to $1 000/oz is needed to arrest the downward trend, says AngloGold Ashanti CEO Mark Cutifani on page 13 of this edition of Mining Weekly. 

Uranium One’s Dominion project closes, Pamodzi Gold manages to raise R400m, Mining Weekly Online now on iPhone

By: Martin Creamer     31st October 2008 The Dominion uranium operations in South Africa have been placed on care and maintenance. Uranium One reports on page 10 of this edition of Mining Weekly that the decision to place Dominion on care and maintenance reflects the “significant deterioration” in the project’s economics associated with... 

Long-term mining outlook still positive, State mining co mpany gazetting, draconian mine safety Amendment Bill

By: Martin Creamer     24th October 2008 The long-term mining outlook remains positive, Rio Tinto CE Tom Albanese says on page 6 of this edition of Mining Weekly. Albanese adds that Rio is also “well placed” to weather current global market turmoil. 

Amid world financial turmoil, South Africa needs to play to its strengths, of which mining is undoubtedly one

By: Martin Creamer     17th October 2008 Without mining, South Africa would lose more than half of its total merchandised exports and ten-million people would be without their daily subsistence, Chamber of Mines CE Zoli Diliza tells Mining Weekly readers on page 12 of this edition. 

Anglo says Africa is now where China was in 70s, Liberia still silent on iron-ore 'disqualification', some cash-crunched miners taking royalty route

By: Martin Creamer     10th October 2008 Africa is now at the stage where China was in the seventies – ripe for investment and poised for attractive investment returns, says Anglo American South Africa head Kuseni Dlamini on page 22 of this edition of Mining Weekly. 

State Diamond Trader’s contract cut, hold-back plea on ‘green energy’ tax, tax-free capex-back mining incentive

By: Martin Creamer     3rd October 2008 South Africa’s troubled State Diamond Trader (SDT) was awaiting guidance from the Department of Minerals and Energy (DME), at the time of going to press, on the issue of the appointment of a new CEO, as past CEO Abbey Chikane is no longer with the organisation, after his contract came to an end... 

Liberia excludes South African bidder, concern over Charter review, DRC mine-rights deadline approaches

By: Martin Creamer     26th September 2008 Diversified South African exploration and mining company Delta Mining Consolidated (DMC) has been arbitrarily excluded from an iron-ore opportunity in Liberia for which it appeared to be the frontrunner. 

Don't hurt 'precious' mining industry, mining a poverty breaker in Africa, Anglo, Eskom sign power agreement

By: Martin Creamer     19th September 2008 South Africa’s mining sector is far too precious a national asset to have it jeopardised by investment community perceptions of uncertainty, duplicity and volatility during the upcoming review of the Mining Charter, says Chamber of Mines CE Zoli Diliza on page 12 of this edition of Mining Weekly. 

Bourse battles, bearish sentiment, but signs of resilience

By: Martin Creamer     12th September 2008 In these troubled financial times, one person’s threat more or less inevitably becomes another’s opportunity. There is little doubt, for instance, that resources exploration companies as well as mid-sized miners are taking strain - a point elaborated upon by African Lion Funds manager Tim... 

Replacement needs gold to be at $2 000/oz, Implats touches 50 000 Zimbabwean lives, Northam Platinum mulls alternative power

By: Martin Creamer     5th September 2008 A gold price of $2 000/oz-plus is required to replace Gold Fields’ infrastructure, says CEO Nick Holland. In announcing gold reserves of 82,8-million ounces, 80% of which are in South Africa, Holland says that the company’s mines cannot be replaced anywhere in the world at the current gold price. 

More coal burning than production, race to mine potash hots up, redemptions hitting mining stocks

By: Martin Creamer     29th August 2008 South Africa Is burning coal at a rate greater than production, says Keaton Energy CEO Paul Miller on page 18 of this edition of Mining Weekly. 

10 11 12 13 14 15
17 18
RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close