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On-The-Air (23/10/2020) 

By: Martin Creamer     23rd October 2020 South Africa’s biggest mechanised gold mine is expecting to get approval to generate its own electricity before year-end; The decision of the Cabinet to impose a tax on the export of raw chrome will bring essential relief to our important but struggling ferrochrome industry; and there is growing... 

Nkomati Anthracite placed into business rescue

By: Marleny Arnoldi     21st October 2020 JSE-listed investment company Unicorn Capital Partners (UCP) has advised that its subsidiary, Nkomati Anthracite, has entered into business rescue. Daniel Terblanche has been appointed as the business rescue practitioner.  

Coal mine disposal exacerbating carbon emissions problem – Glencore  

By: Martin Creamer     16th October 2020 The disposal of thermal coal mines in response to environmental, social and governance (ESG) investors is not lowering carbon dioxide (CO2) emissions but exacerbating the problem, Glencore CEO Ivan Glasenberg pointed out on Friday. Questioned by Financial Times (FT) natural resources editor Neil... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

On-The-Air (16/10/2020) 

By: Martin Creamer     16th October 2020 Science and Innovation Minister Blade Nzimande this week launched a promising Platinum Valley Corridor Project; A new fund has been launched to give financial support to small-scale mining development; Huge enthusiasm is building around the boost that green hydrogen generation can give to... 

Indonesia to create firm to build up electric vehicle battery industry

By: Reuters     13th October 2020 A group of Indonesian State-owned companies will form a venture to make batteries to power electric vehicles, the Mining Industry Indonesia (MIND ID) CEO said on Tuesday. Indonesia, the world's biggest producer of nickel ore, a key component of EV batteries, wants to build an integrated EV... 

Clear vision bags Massmart the prestigious SAAMA Project Achievement Award 2020

By: Creamer Media Reporter      9th October 2020 A clear vision and decisive decision-making clinched Massmart the coveted SAAMA Project Achievement Award 2020 for the successful implementation of Pragma’s enterprise asset management system, On Key. Successfully implementing and managing over 300 stores currently, is a significant achievement.... 

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... 

Afrimat earnings slowly rise following pandemic impact

By: Simone Liedtke     7th October 2020 Industrial minerals and building materials supplier Afrimat is expecting to report headline earnings a share of between 181.9c and 191c for the six months ended August 31, representing an increase of between 0% and 5% year-on-year. Earnings a share are expected to be between 183.5c and 192.7c,... 

Sedibelo Platinum Mines closer to finding listing date – Frandsen  

By: Martin Creamer     5th October 2020 The unlisted Sedibelo Platinum in South Africa’s North West province is closer to finding a listing date, says Pallinghurst managing partner and co-founder and Sedibelo chairperson Arne Frandsen, who is absolutely bullish about the prospects for platinum group metals (PGMs) in the medium to long... 

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