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Latest Videos
Coal miner Exxaro driving rigorous renewable energy strategy 
By: Martin Creamer 12th March 2020 South Africa’s electricity generation crisis has created major opportunities for companies, businesses and individuals to start generating their own power, Exxaro CEO Mxolisi Mgojo said on Thursday when the JSE-listed black-empowered company declared generous dividends following a resilient 2019... →
Menar doing due diligence on thermal coal assets being offloaded
By: Martin Creamer 10th March 2020 Private investment and management company Menar is doing due diligence on thermal coal assets that have been placed on the market by companies wishing to offload them out of their portfolios. “If we get a good deal, we’ll look at making acquisitions,” Menar MD Vuslat Bayoǧlu told Mining Weekly on... →
Coronavirus likely to cause drastic price falls – Menar
By: Martin Creamer 9th March 2020 The reduction in the consumption of mined products that the coronavirus was causing would likely result in a drastic fall in prices, Menar MD Vuslat Bayoğlu said on Monday. Metals and minerals like manganese, chrome, iron-ore and metallurgical coal were not being consumed at the rate they were... →
Developer addressing enviro concerns, confident Namibia marine phosphate project will proceed
By: Natasha Odendaal 6th March 2020 Project developer Namibian Marine Phosphate (NMP) is confident of moving ahead with its Sandpiper marine phosphate project as it addresses all environmental recommendations following renewed environmental consultations. The group has been working to correct much of the misinformation it believes... →
RBPlat talks on solar power, mechanised skills shortage, UG2 riches, fuel cells, dividends
By: Martin Creamer 4th March 2020 A study being undertaken by platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) into the generation of renewable energy in general and solar power in particular is at a very advanced stage. “We should have the results in the second half of this year, if not earlier,”... →
Every employee has opportunity to own dignified home – RBPlat 
By: Martin Creamer 3rd March 2020 The ring-fenced housing development of platinum group metals mining company Royal Bafokeng Platinum (RBPlat) provides every employee with the opportunity to own a dignified home, RBPlat CFO Hanré Rossouw said on Tuesday, when he noted the company’s R53.5-million housing project for the new... →
Ramp-up of new mechanised PGMs mine below expectations – RBPlat
By: Martin Creamer 3rd March 2020 The ramp-up of the new mechanised Styldrift platinum group metals mine was disappointingly below expectations, Royal Bafokeng Platinum COO Neil Carr said on Tuesday. Delays in the commissioning of section ore-handling infrastructure and the difficulty experienced in the recruitment of trackless... →
No alternative but to substitute palladium with platinum – RBPlat
By: Martin Creamer 3rd March 2020 There is no alternative but to substitute palladium with platinum, said platinum group metals mining company Royal Bafokeng Platinum CEO Steve Phiri on Tuesday. Speaking at RBPlat’s presentation of 147.2% improvement in headline earnings to R123.1-million and a strengthened balance sheet that has... →
Going green is a good business proposition – Schmidt
By: Martin Creamer 28th February 2020 Going green and ensuring environmental protection is a good business proposition, African Rainbow Minerals (ARM) CEO Mike Schmidt said on Friday. Speaking to Mining Weekly after the company had declared a 25% higher dividend on the back of its platinum division reporting a 193%-better performance... →
South Africans working together will find energy solutions – ARM
By: Martin Creamer 28th February 2020 South Africans working together with confidence and enthusiasm will improve the country and find energy solutions, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said on Friday. Presenting a 25% higher interim dividend and a 193%-better performance from ARM Platinum in... →
Implats evaluating 200 MW solar power plant in Zimbabwe
By: Martin Creamer 27th February 2020 Zimbabwe platinum group metals mining company Zimplats is in the midst of a feasibility study to evaluate the construction of a 200 MW solar power plant, Implats CEO Nico Muller said on Thursday. Speaking to Mining Weekly following the company’s interim dividend reinstatement and generation of... →
Hydrogen fuel cell technology moving at very fast pace – Implats
By: Martin Creamer 27th February 2020 Fuel cell technology is moving at a very fast pace, Implats group executive: refining and marketing Sifiso Sibiya said on Thursday. Hydrogen gas from energy company Sasol is already piped to the Impala Platinum refinery site in Springs, on the East Rand, where Implats has donated 16 ha of land... →
Impala Rustenburg’s stunning improvement saves 12 500 jobs
By: Martin Creamer 27th February 2020 Platinum group metals mining and marketing company Implats has upped its game at Impala Rustenburg to such a stunning extent that the 12 500 jobs that were earmarked for loss through shaft closure have all been preserved. Once doomed shafts are now operating at the same cost at which the... →
NMP confident of moving forward with Sandpaper project
By: Natasha Odendaal 26th February 2020 Project developer Namibian Marine Phosphate (NMP) is confident of moving ahead with its Sandpiper marine phosphate project as it addresses all environmental recommendations following renewed environmental consultations. The group has been working to correct much of the misinformation it believes... →
Amplats throws light on PGM substitution, electric vehicle prospects, community dividends
By: Martin Creamer 24th February 2020 The platinum industry could very easily experience an original equipment manufacturer (OEM) switching from palladium to platinum in the short term, platinum group metals (PGMs) were unlikely to be used in battery electric vehicles soon and communities are sharing considerably in the latest... →
Time for govt to consider new strategies to get economic growth going, says Baxter
By: Marleny Arnoldi 21st February 2020 In what has been the longest economic downturn for the country since 1945, it has become necessary for government to consider alternative strategies and change various policies to allow business to grow the economy, Minerals Council South Africa CEO Roger Baxter said during a media briefing on... →
Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater
By: Martin Creamer 19th February 2020 The next big disruptive technology will be hydrogen fuel cell technology, which is platinum rich, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking ahead of half-year results of a 44% increase in revenue to R73-billion and a R432-million profit for 2019, Froneman stated that this... →
Pan African’s strategy yields strong interim results
By: Tasneem Bulbulia 18th February 2020 Dual-listed Pan African Resources achieved improved operational, financial and safety results for the six months ended December 31, owing to its business strategy of delivering safe, sustainable and high-margin gold production, CEO Cobus Loots said on Tuesday. For the period, the company recorded... →
Modernisation, digitisation part of next value delivery – Amplats
By: Martin Creamer 17th February 2020 Top of the list of the four focus areas of platinum group metals (PGM) mining company Anglo American Platinum (Amplats) to drive its next phase of value is operational efficiency. Outlining this at the company’s presentation of record financial and safety achievements, Amplats CEO Chris Griffith... →
Substitution outlook intensifies with platinum at half palladium price – Amplats
By: Martin Creamer 17th February 2020 With the price of platinum at half of the palladium price, the concept of replacing palladium with platinum in some gasoline catalyst convertors is increasingly likely to occur – but not in the very short term, outgoing Anglo American Platinum (Amplats) CEO Chris Griffith said on Monday.... →
Hydrogen fuel cell mining set to cut Amplats’ greenhouse gas emissions – Griffith
By: Martin Creamer 17th February 2020 The introduction of hydrogen fuel cell mining in response to climate change is poised to cut the greenhouse gas emissions of platinum group metals mining company Anglo American Platinum by 30%. A large enabler of this significant reduction is the introduction of hydrogen fuel cell mining trucks,... →
Bushveld sees battery storage potential beyond EVs
By: Simone Liedtke 17th February 2020 While the energy transition is gaining a lot of traction, integrated primary vanadium producer Bushveld Minerals CEO Fortune Mojapelo laments that the battery storage narrative is “still dominated by electric vehicles (EVs)”. He tells Engineering News & Mining Weekly that there is still a lack of... →
Robbery attempt prompts security step-up at South Deep – Gold Fields
By: Martin Creamer 14th February 2020 Security is being stepped up at South Deep gold mine in Gauteng to present an even more resistant barrier to armed criminals, said Gold Fields executive vice-president Martin Preece said on Thursday. This action follows last year’s gold robbery attempt at the mine by machine-gun wielding gangsters. →
Centenary milestone spurs ‘new dawn’ for genset specialist
By: Mamaili Mamaila 14th February 2020 Global diesel and alternative fuel engines supplier Cummins celebrated its hundredth year in 2019, which Cummins South Africa application engineer Rodney Naidoo states has resulted in a “new dawn”, as the company embarks on a mission to find alternatives to fossil fuels to supply back-up power. →
South Deep applying for 40 MW of solar power – Gold Fields
By: Martin Creamer 13th February 2020 The South Deep gold mine in Gauteng has an application in to self-generate 40 MW of solar power, Gold Fields CEO Nick Holland said on Thursday. Speaking to Mining Weekly in a video interview, Holland said this could be between 20% and 25% of the average consumption of the mechanised mine near... →
Govt-mining industry cooperation at regional level very good – Gold Fields
By: Martin Creamer 13th February 2020 The cooperation between the government and mines at regional level is very good, but where it falls down is at national level, Gold Fields CEO Nick Holland said on Thursday. Responding to Mining Weekly during a media roundtable at the JSE, Holland said that at the national level, there was... →
Gold Fields displays ‘green’ energy installation ahead of superb results
By: Martin Creamer 13th February 2020 “What you’re seeing over here is one of the first wind turbines that we put up in Australia, a mine where we’re going to have average renewable input into our energy usage of about 57%,” was the first sentence stated by Gold Fields CEO Nick Holland as he flashed up a picture of a wind turbine at... →
'Green’ is king as ESG sweeps through mining world – DRDGold
By: Martin Creamer 12th February 2020 Community members are being recruited to vegetate Johannesburg’s gold mine dumps as part of a dust suppression, environmental protection and ‘green’ imperative, DRDGold CEO Niël Pretorius said on Wednesday. In presenting a stupendously successful set of half-year results that saw operating profit... →
DRDGold cock-a-hoop on ‘wonderful’ gold performance
By: Martin Creamer 12th February 2020 Surface gold-mining company DRDGold is cock-a-hoop over its half-year performance, which saw it produce 3 t of gold from waste dumps on the East Rand and the West Rand in the six months to December 31. But the company is also continuing to work intently on tracking down the gang of armed robbers... →
Vedanta sets sights on zinc, silver, iron-ore output growth
By: Kim Cloete 12th February 2020 CAPE TOWN (miningweekly.com) – Natural resources company Vedanta Resources is aiming to become the world's biggest producer of zinc, as well as to double its production of silver and increase its iron-ore output from 10-million to 15-million tonnes a year. Vedanta has a presence in steel,... →
Harmony Gold decries attacks on gold plants
By: Martin Creamer 11th February 2020 The spate of violent attacks on gold smelting plants is of great concern, Harmony Gold CEO Peter Steenkamp said on Tuesday. There were 19 attacks on gold facilities last year in which two security personnel were murdered, according to Minerals Council South Africa. (Also watch attached Creamer... →
Harmony Gold poised to reduce debt significantly
By: Martin Creamer 11th February 2020 Gold mining company Harmony expects to reduce debt significantly in the next 18 months to two years, outgoing financial director Frank Abbott said on Tuesday. The net debt position of the Johannesburg- and New York-listed company as at December 31 was R4 290-milllion, a decrease of R632-million... →
Harmony Gold expects to have 30 MW solar plant year from now
By: Martin Creamer 11th February 2020 Gold mining company Harmony expects to have a 30 MW solar power plant running in a year from now, provided all regulatory obstacles are removed. The company is also in discussion with Eskom to alleviate the impact of load-shedding. Harmony CEO Peter Steenkamp said during a media conference... →
Wafi-Golpu discussions in Papua New Guinea to restart – Harmony
By: Martin Creamer 11th February 2020 Discussions with the Papua New Guinea government on the special mining lease for the Wafi-Golpu Project are to be recommenced, Harmony Gold said on Tuesday. The resumption of the discussions comes a year after support for a memorandum of understanding (MOU), signed between the State of Papua New... →
Video: Minerals Council no longer just the voice of the mining majors
By: Creamer Media Reporter 6th February 2020 The Minerals Council South Africa is no longer just the voice of the mining majors, Grant Mitchell, who heads up the council's Junior and Emerging Miners Desk pointed out in a briefing at the 2020 Investing in African Mining Indaba, this week. He highlighted that 40% of the Minerals Council's... →
Video: Venkat, Bristow enourage miners, govts to take a long-term view
By: Creamer Media Reporter 6th February 2020 Mining companies and host governments have been urged to take a long-term view when investing in the natural resources sector in Africa. In a panel discussion on why investors should consider investing in Africa, Vedanta Resources CEO Srinivasan Venkatakrishnan (Venkat) highlighted the... →
Video: Resolute sees benefits of tech in the mining sector
By: Creamer Media Reporter 5th February 2020 Technology creates the opportunity to unlock the value of the African continent, Resolute Mining CEO John Welborn, told delegates at the 2020 Investing in African Mining Indaba, in Cape Town, this week. He highlighted to the audience not only the environmental benefits of a new solar hybrid... →
Minerals Council South Africa lobbying strongly for junior miners
By: Martin Creamer 5th February 2020 Junior and emerging miners hold the majority of the 1 700 to 1 800 mining rights that have been issued in South Africa, Minerals Council South Africa social performance head Alex Khumalo said on Wednesday. But most of these rights are not being exercised, Khumalo revealed at a media briefing he... →
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