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Gemstones News
Coal mine on point of turning acid mine drainage into potable water at no cost 
By: Martin Creamer 23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... →
Africa needs to cultivate cluster of ‘real catalytic investors’ in response to pandemic
By: Simone Liedtke 16th November 2020 Africa needs to cultivate a cluster of “real catalytic investors to mount strong, build-back better resilient mining investment” in response to the global Covid-19 pandemic, says Africa investor Hubert Danso. Speaking during the opening keynote of this year’s Africa Mining Forum, held virtually,... →
Gemfields holds mini-auctions to address market demand
By: Donna Slater 11th November 2020 Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to supplement its long-standing direct sales programme for the lowest qualities produced by its Kagem mine... →
Africa, international investors ‘need each other’
By: Simone Liedtke 10th November 2020 Mining operations in Rwanda are “close to pre-Covid” levels, with local mining firm Rwanda Mines, in particular, on target and likely to achieve its revenue target for this year, Rwanda Mines CEO Francis Gatare has said. This is despite the Covid-19 pandemic having disrupted global economic... →
Exploration is priority, says Mineral Resources Minister Gwede Mantashe
By: Martin Creamer 3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... →
Flow-through must not only incentivise exploration but also market participation – Miller
By: Martin Creamer 2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... →
Mining supply sales consultancy AmaranthCX director Paul Miller
Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
By: Martin Creamer 27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... →
Covid has highlighted the value of operating remotely – mining editor
By: Martin Creamer 22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... →
Mining committed to doing all it takes to improve worker health – Matlala
By: Martin Creamer 15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... →
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala
Mining majors must convince investors of need to replace value – Sir Mick Davis
By: Martin Creamer 8th October 2020 Major mining companies need to convince investors of the crucial need to replace the value that they are taking out of the ground, mining luminary Sir Mick Davis said on Thursday. “Every single day that they take something out of the ground, that value disappears forever, and unless you do... →
Exploration strategy in three months, hydrogen under scrutiny – DMRE
By: Martin Creamer 8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... →
Flow-through must form part of overall exploration strategy – Minerals Council
By: Martin Creamer 7th October 2020 The introduction of a flow-through share scheme must form part of a full suite and package of measures tailored for a comprehensive exploration strategy for South Africa, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking during question time on day one of the Joburg... →
Regulations tailored to alluvial diamonds will reward S Africa with jobs – Sadpo
By: Martin Creamer 6th October 2020 South Africa’s one-size-fits-all mining legislation is losing vital jobs for the country in the job-intensive alluvial diamonds space that requires regulations tailored to junior mining to survive, South African Diamond Producers Organisation (Sadpo) reiterated on Monday. Because there are so... →
Cabinless, emissionless vehicle foretelling underground’s autonomous future
By: Martin Creamer 30th September 2020 Mining Weekly on Wednesday watched a cabinless emission-free next-generation mining vehicle autonomously load, haul and dump in an underground mine, without a human in sight. The cabinless design places emphasis on the extent to which traditional human operation at the rockface is becoming a... →
Sandvik global product line manager automation David Hallett
Carbide recycling can create jobs for mine communities – Sandvik
By: Martin Creamer 29th September 2020 The local extraction of carbide inserts can create job opportunities for communities living around mines – “a true win, win, win situation for society, our customers and ourselves”, Sandvik rock tools division VP Nina Axman enthused on Tuesday. Sandvik is developing a new recycling process that... →
Gemfields seeking alternatives to auctions
By: Simone Liedtke 18th September 2020 Gemstone miner Gemfields says it is unable to provide guidance as to when it might be able to host its next auction, or generate meaningful revenue from sales, with its financial results for the first half of this year, ended June 30, reflecting the "immense impact” of the Covid-19 pandemic and... →
Gemfields expects to swing to interim loss
By: Marleny Arnoldi 14th September 2020 JSE- and Aim-listed Gemfields has advised that its net loss after tax will likely be $56.7-million, or R959-million, for the six months ended June 30. This compares with a profit after tax of $12.4-million, or R177-million, posted in the six months ended June 30, 2019. →
Pandemic puts strain on Zambian mining sector
By: Mc'Kyla Nortje 11th September 2020 Amid the challenges facing the Zambian mining industry, partially because of Covid-19, government has committed to waiving penalties and interest on the late payment of taxes, explains advisory firm KPMG Zambia tax partner Michael Phiri. The Central Bank has also set aside about R9-million, which... →
China possesses huge gemstone potential – Gemfields
By: Donna Slater 9th September 2020 Gemstone miner Gemfields, which operates the Kagem mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has identified “huge potential” to market Zambia’s responsibly-sourced emeralds to consumers in China, the miner reveals in its first report on coloured gemstones in China. The report,... →
South Africa’s green revolution gathering momentum
2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... →
Master Drilling aligning with opencast mines going underground in changing world
By: Martin Creamer 26th August 2020 South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines going underground. “As the world is changing, so are the mines,” said Master Drilling technology director Koos Jordaan at the... →
Electra Mining Africa 2020 going digital with Connect – and it’s free of charge
By: Martin Creamer 20th August 2020 The Electra Mining Africa Connect week will enable exhibitors to promote their products and services free of charge alongside industry-related informative webinars, media activations and product showcase opportunities from September 7 to 11. For the first time in 48 years, Electra Mining Africa... →
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... →
Mine export values back but volumes need boosting – Minerals Council
By: Martin Creamer 10th August 2020 South Africa’s mine export values have bounced back encouragingly but volumes still need boosting. June’s export value was 13% up on May. →
‘Historic dumps’ do not appear to be MPRDA regulated – law firm
By: Martin Creamer 20th July 2020 South Africa’s ‘historic dumps’ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under the MPRDA... →
Global mining sharing knowledge in response to Covid-19
By: Martin Creamer 14th July 2020 The International Council on Mining & Metals (ICMM) has been convening many knowledge-sharing sessions in response to the coronavirus. Among ICMM’s 27 mining and metals company members and 36 association members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti,... →
World’s biggest ruby mine reports coronavirus outbreak
By: Bloomberg 14th July 2020 The world’s biggest ruby mine, Gemfields’ Montepuez operation in northern Mozambique, has reported an outbreak of coronavirus. The company had already placed the operation under care and maintenance in April due to the pandemic, and on July 12 “a few” employees carrying out critical work tested... →
Positive reaction to ANC document’s encouragement of exploration
By: Martin Creamer 14th July 2020 Reaction has been positive to the discussion document of economic transformation committee (ETC) of the African National Congress (ANC), which states that the listing of mining companies on the Johannesburg Stock Exchange (JSE) should be encouraged and mining exploration incentivised, as is the... →
Paul Miller...flashback to his period in coal exploration and development.
Covid opens up opportunity for more constructive, purposeful dialogue – Minsur
By: Martin Creamer 13th July 2020 The Covid-19 pandemic has allowed the mining industry to highlight and strengthen its role as a catalyst of social development in the areas in which it operates, Minsur CEO Juan Luis Krueger said on Monday. Krueger was speaking during an International Council on Mining and Metals (ICMM) online... →
Investors in mining exploration should be incentivised – ANC’s ETC
By: Martin Creamer 13th July 2020 Listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised as is the case in other mining jurisdictions, the economic transformation committee (ETC) of the African National... →
ANC document says mining exploration should be incentivised.
Return of foreign mineworkers taking double planned time
By: Martin Creamer 13th July 2020 The return of the 12 500 foreign mineworkers to South Africa’s mines is taking double the time planned. The initial ten-day plan of Minerals Council South Africa has become a 20-day plan because of the need to overcome bottlenecks. →
Minerals Council regrets delay of 2018 Mining Charter review
By: Martin Creamer 6th July 2020 Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... →
Minerals Council South Africa.
Covid kills 13 mineworkers, no foreigners back at work
By: Martin Creamer 2nd July 2020 Thirteen mineworkers have now succumbed to the coronavirus, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Of the 13 who have died, seven were employed in platinum mining in North West province, which has the most cases at 1 413... →
Gemfields completes delisting from Bermuda Stock Exchange
By: Donna Slater 1st July 2020 Gemstone miner Gemfields has completed its delisting from the Bermuda Stock Exchange (BSX). It announced the delisting in April, stating that none of the company’s issued shares have traded on the BSX and that the BSX listing was no longer required now that Gemfields' shares were admitted to... →
Tanzanian hand-miner becomes millionaire with tanzanite find
By: Bloomberg 25th June 2020 A Tanzanian hand-miner became an instant millionaire after selling the two of the largest tanzanite gems ever discovered to the government. The East African nation’s central bank paid Saniniu Laizer 7.7-billion shillings ($3.3-million) for the stones, which weighed 9.2 kg and 5.8 kg. Laizer,... →
Ethiopia looking to bolster investment in resources, mining
By: Simone Liedtke 17th June 2020 With an abundance of natural resources that have not been significantly exploited, Ethiopia has “enormous potential” for the export of these resources and at a relatively low production cost, Ethiopia Ministry of Mines, Petroleum and Natural Gas planning, monitoring and evaluation director... →
Gemfields to host virtual AGM
By: Marleny Arnoldi 15th June 2020 JSE-, Aim- and Bermuda Stock Exchange-listed Gemfields will host its annual general meeting (AGM) virtually through a live interactive webcast on June 24. The company has urged shareholders to submit their votes by proxy – in the way they normally would – prior to the meeting, while an online... →
Platinum retailers working towards recovery amid Covid-19
By: Simone Liedtke 12th June 2020 Manufacturers and retailers of platinum jewellery have begun working towards ensuring the recovery of the sector, as Covid-19 continues to heavily impact on the global economy, the Platinum Guild International’s (PGI’s) latest 'Platinum Jewellery Business Review (PJBR)' states. Published on June... →
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