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Mining in need of long-term strategic vision – Enoch Godongwana 
By: Martin Creamer 5th October 2016 South Africa is in need of a strategic vision that extends to 2030 for the mining industry, where growing trust between industry stakeholders points to a common vision being achievable, African National Congress (ANC) Economic Transformation Committee chairperson Enoch Godongwana said on... →
South Africa must begin to take mining seriously, consult on issues – Manuel
By: Martin Creamer 5th October 2016 South Africa must begin to take the mining industry seriously and consult on the issues, former Finance Minister Trevor Manuel said on Wednesday. In a keynote address to the Joburg Indaba, Manuel pointed out that foreign direct investment into South Africa had fallen to a fraction of what it was... →
AngloGold chair calls on business to seize moment, demand Zuma’s resignation 
By: Martin Creamer 5th October 2016 South African business and civil society should seize the moment and demand the resignation of head of State President Jacob Zuma, who is the "sponsor-in-chief of corruption" in South Africa, AngloGold Ashanti chairperson Sipho Pityana said on Wednesday. In a keynote address at the Joburg Indaba,... →
Local roller manufacturer expands into new markets
By: Victor Moolman 30th September 2016 South African conveyor, roller manufacturer and distributor Megaroller expects its new manufacturing plant outside Toronto, in Canada, to be operational from mid-November. Megaroller is expanding its footprint into North America, launching its Canadian distributorship at this year’s MINExpo... →
Unique MOR diamond deposits offer ‘considerable potential’
By: Anine Kilian 29th September 2016 The Middle Orange River (MOR) alluvial diamond deposits between Hopetown, Douglas and Prieska, along with deposits along the Riet river and the Vaal river, in the Northern Cape, represent three unique sinks or repositories of high-quality gem diamonds, says geologist Lyndon de Meillon. Speaking... →
Regional integration key to bolster local diamond industry, beneficiation
By: Megan van Wyngaardt 28th September 2016 The importance of regional integration within the Southern African Development Community as a means to advance the region’s diamonds industry was a recurring topic at the South African Diamond Indaba, held in Midrand earlier this week, with industry stalwarts, such as De Beers Consolidated Mines... →
Fraser Alexander’s structured funding offering to revolutionise mining industry – CEO
By: Mia Breytenbach 26th September 2016 Mining Services and construction company Fraser Alexander has, as part of repositioning its business value proposition, introduced a structured funding offering to its Integrated Mining Service (IMS) for its clients. CEO Velile Nhlapo believes this value proposition will “revolutionise the mining... →
Barberton tailings plant lifts output ultra cheaply
By: Martin Creamer 23rd September 2016 In the 12 months to June 30, gold was produced by the Barberton Tailings Retreatment Plant (BTRP) of Pan African Resources at the exceptionally low all-in cost of $332/oz. While Barberton Mines as a whole had a good financial year underground and on surface, it was the on-surface BTRP that shot... →
Pan African investigating R1.7bn gold tailings project
By: Martin Creamer 21st September 2016 Gold mining company Pan African Resources is investigating a large gold tailings retreatment project at its Evander mines in Mpumalanga. Underwritten proposals have been received for the full financing package for the Elikhulu project, which will require an estimated capital expenditure of... →
Volvo places self-driving truck in operation at underground mine
By: Irma Venter 14th September 2016 The Volvo Group has put a fully autonomous truck to the test at underground operations at the Kristineberg mine, 100 km from Arvidsjaur, in northern Sweden. The mine was opened in 1940 and is the oldest in operation in the Boliden area. A polymetallic ore containing zinc, copper, lead, gold and... →
Platinum miner says mechanisation, modernisation is only way forward
By: Ilan Solomons 13th September 2016 To remain relevant in the South African mining industry, mines will have to substantially change how they operate and Anglo American Platinum (Amplats) mining head Frik Fourie does not see any future for conventional mining methods in South Africa. “Conventional mining methods are no longer a... →
Mines need to rethink traditional business models, says software developer
By: Ilan Solomons 12th September 2016 Mining companies need to introduce new ways of thinking about their overall business model to ensure more efficient and successful operations in future, says local enterprise software developer NxGN MD Harry Sinko. Speaking at the Southern African Institute of Mining and Metallurgy’s Mining for... →
ARM keen to do more in platinum
By: Martin Creamer 9th September 2016 Diversified mining company African Rainbow Minerals (ARM), which has reached agreement to increase its holding in the Two Rivers platinum mine to 54%, is keen on enlarging its overall platinum base still further. The Two Rivers mine on the eastern limb of the Bushveld Complex achieved record... →
Equipment supplier alleviating 'pressing' need, industry response to technology positive
By: Robyn Wilkinson 9th September 2016 Industrial pumps and dredging equipment supplier Integrated Pump Rental (IPR) continues in its endeavour to make pumping solutions available to the mining industry that will provide maximum uptime and ease of use, states IPR MD Lee Vine. →
New pump designs improve longevity, reduce costs
By: Robyn Wilkinson 9th September 2016 With the global mining industry facing a challenging commodities price decline, industrial equipment supplier Weir Minerals has developed pump designs that offer improved cost effectiveness and a greater lifespan. →
Globally competitive mining legislation critically important – Motsepe
By: Martin Creamer 8th September 2016 Globally competitive mining legislation is critically important for South Africa, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said on Thursday when he gave his full backing to the “once empowered, always empowered” principle currently the subject of negotiation between... →
Master Drilling secures healthy pipeline of projects, despite challenges
By: Ilan Solomons 6th September 2016 JSE-listed drilling services provider Master Drilling has overcome a challenging economic climate to secure a $208.9-million order book, while its headline earnings a share increased 30.1% year-on-year to 97.6c in the six months ended June 30. At a presentation of the company’s interim results,... →
Chamber sees people-centred mine modernisation as major boost for economy
By: Martin Creamer 6th September 2016 While the modernisation of South Africa’s gold and platinum mines will be a major boost to the South African economy, failure to modernise will put a huge number of jobs at risk. Work done to date indicates that modernisation extends mine life materially, while also preserving mining employment,... →
DMR demands mines improve H&S records, best performing mines recognised
By: Ilan Solomons 2nd September 2016 South African mining industry stakeholders must collectively adopt the fundamental stance that if mines cannot undertake mining safely, they should not mine at all, until the necessary measures have been put in place to protect the lives of all mineworkers, Department of Mineral Resources (DMR)... →
Mining project enquiries on the rise – Amec Foster Wheeler
By: Martin Creamer 2nd September 2016 Although the mining project business is currently depressed, the increased number of enquiries for potential studies is indicative of an uplift in demand. Amec Foster Wheeler regional director: mining Africa Gavin Chamberlain reports that with the integration of MDM Engineering into the group,... →
Roodepoort Rocket back as DRDGold pays off-charts dividend
By: Martin Creamer 30th August 2016 It will be tough for dump retreatment company DRDGold to beat this year’s results. The Johannesburg- and New York-listed company’s market capitalisation has rocketed from R700-million to R3.7-billion in a matter of months, reminding investors of its Roodepoort Rocket nickname of old, because of... →
Platinum industry not mining anywhere near forecast demand – Northam
By: Martin Creamer 29th August 2016 The platinum mining industry is not mining anywhere near the forecast demand of nine-million ounces by 2025, the nominal global demand quantum based on a modest compound annual growth rate of only 1.5%. Nine-million ounces is a large number relative to primary mine production out of Southern... →
Chrome output becoming ‘strategic’ for Northam Platinum
By: Martin Creamer 29th August 2016 Chrome ore is becoming increasingly strategic for platinum mining company Northam Platinum. The Johannesburg Stock Exchange-listed company, which produced 45.1% more chrome in the 12 months to June 30 than the prior year, expects to be producing at a rate of one-million tonnes of chrome ore a... →
Northam investing R5.5bn in platinum growth projects
By: Martin Creamer 26th August 2016 Platinum mining company Northam on Friday elaborated on the company’s suite of four growth projects timed to fill an expected future demand pull unmet by constrained future South African platinum supply. The Johannesburg Stock Exchange- (JSE-) listed company, headed by CEO Paul Dunne, expects the... →
Pneumatic tech significantly improves equipment performance
By: Robyn Wilkinson 26th August 2016 South African start-up Magnevane, assisted by consulting firm Deloitte, is introducing a design that significantly improves the performance of pneumatic engines by using high-powered magnets in air motor applications. →
Safety dominates Sibanye results presentation as 125% profit surge takes back seat
By: Martin Creamer 25th August 2016 Top performing precious-metals mining company Sibanye Gold, dismayed by an uncharacteristic spate of mineworker fatalities, began its presentation of high-cash results for the half-year with a safety moment as a mark of its determination to up its safety performance. The 125% surge in profits in... →
Entrepreneurs pursuing gold dump projects, ‘pennyweight’ opportunities at depth
By: Martin Creamer 23rd August 2016 Fresh from developing seven superb gold projects in Africa, mining project company DRA is excited about new gold project opportunities opening up in South Africa, where its sees much potential in gold tailings retreatment and also in underground gold deposits that are still rated in the... →
South Africa won’t change IPP course ‘midstream’
By: Terence Creamer 22nd August 2016 Cabinet appears to have put paid to Eskom efforts to halt the country’s highly regarded independent power producer (IPP) programme, with Minister in The Presidency for Performance Monitoring and Evaluation Jeff Radebe indicating on Monday that there was no intention to “change course midstream”.... →
Gold Fields lifts FY production guidance as South Deep, Aus operations perform in H1
By: Megan van Wyngaardt 18th August 2016 Gold major Gold Fields, led by CEO Nick Holland, has increased its production guidance for this year to between 2.1-million and 2.15-million ounces, up from its previous guidance of 2.05-million to 2.1-million ounces. This, the company reported, was on the back of a “better-than-expected”... →
Harmony back in the black, eyes acquisitions
By: Natasha Odendaal 17th August 2016 Gold miner Harmony Gold has bounced back into the black and is now eyeing acquisitions to reach its target of becoming a 1.5-million-ounce-a-year gold producer, at below $950/oz, within three years. Declaring its first dividend in four years, CEO Peter Steenkamp reported a net profit of... →
DRA enjoying rise in gold project share, eyeing more gold opportunities
By: Martin Creamer 17th August 2016 Mining project house DRA, which has hit the gold project high spots in particularly West Africa, is now well poised to extend that gold triumph further into Central Africa, East Africa and also South Africa. DRA’s impressive penetration of the gold project market has been characterised by... →
Illegal miner progress at Obuasi ‘frustratingly slow’ – AngloGold
By: Martin Creamer 15th August 2016 The occupation by illegal miners of part of the Obuasi gold mine, in Ghana, is slowing the feasibility work AngloGold Ashanti is undertaking for the modernisation of the troubled operation. Obuasi’s first half of 2016 has been dominated by the incursion of illegal miners on to the operating area,... →
Revolutionary gold-mining machine making progress – AngloGold
By: Martin Creamer 15th August 2016 The innovative Mark IV high-technology machine that AngloGold Ashanti is developing to improve the economics of gold mining in South Africa’s low-height, hard-rock reef is continuing to make progress, AngloGold COO South Africa Chris Sheppard said on Monday. Speaking at Monday’s presentation of... →
AngloGold’s free cash trebles, slashes net debt
By: Martin Creamer 15th August 2016 Gold mining company AngloGold Ashanti announced on Monday that it had more than trebled free cash flow generation in the first half of the year to $108-million and lowered net debt by almost a third, as costs fell and it took advantage of a higher gold price. In its presentation of results for... →
New vacuum cleaner transforms smog into gemstones
By: Ilan Solomons 12th August 2016 Dutch social design lab Studio Roosegaarde will deliver to China, a smog vacuum cleaner system, which sucks in smog and turns it into small gemstones, in September. Studio Roosegaarde has to date produced rings, cubes and cufflinks from compressed smog particles collected from other trials of the... →
Sibanye firming up funding for gold-from-dumps project
By: Martin Creamer 8th August 2016 Sibanye Gold is far advanced with plans to recover gold, uranium and sulphuric acid in a phased manner. Sibanye VP Grant Stuart says the West Rand Tailings Retreatment Project (WRTRP) defines the creation of superior value for all stakeholders, creates jobs and is environmentally responsible. →
Attractive returns expected from quick-pay iron-ore projects
By: Martin Creamer 5th August 2016 Keep a look out for the five letters UHDMS, which stand for ultrahigh dense media separation. Outgoing Kumba Iron Ore CEO Norman Mbazima tells Mining Weekly Online that they translate into “mouth-watering” financial metrics. (Also watch attached Creamer Media video). →
Amplats commissions quick-return chrome plant
By: Martin Creamer 5th August 2016 A new chrome recovery plant has been commissioned at Anglo American Platinum’s (Amplats’) Amandelbult mine in Limpopo province. The chrome plant, which cost R400-million, should generate additional free cash flow at current prices of between R350-million and R400-million a year. (Also watch... →
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