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Company progresses copper/silver project
24th May 2019 Venture capital firm and owner of the Khoemacau copper/silver project Cupric Canyon Capital has made significant progress towards the construction of what is to be a major copper and silver mine in north-west Botswana and expects first copper concentrate production in the first half of 2021.... →
Afrimat’s diversification contributes to strong full-year results
By: Tasneem Bulbulia 23rd May 2019 Industrial minerals and construction materials group Afrimat has recorded a good overall performance for the year ended February 28, and achieved positive results for the period owing to its diversification strategy, Afrimat group CEO Andries van Heerden said in a statement on Thursday. The... →
Industrialisation to help South Africa’s mining cluster compete globally
By: Simone Liedtke 22nd May 2019 If industrialization is done properly through advancing the South African mining cluster and using the sector as a driver for industrialisation, the sector has huge potential to operate not only at scale but also to compete in the world market, says Minerals Council South Africa chief economist... →
Minister publishes amendments to financial provisioning regulations for mine closure 
By: Nadine James 21st May 2019 Environmental Affairs Minster Nomvula Mokonyane has gazetted additional amendments to the Financial Provisioning Regulations for the rehabilitation and remediation of environmental damage caused by exploration and/or mining activity. The regulations stipulate the manner in which mining... →
Palladium boom gives South African miners only temporary reprieve
By: Reuters 17th May 2019 A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. Besides patchy power supplies and high labour costs, South African miners are saddled with ore that typically produces twice as much platinum as palladium - just at a time a... →
Sibanye, Lonmin merger enters final stretch as AMCU appeal is dismissed
By: Marleny Arnoldi 17th May 2019 The Competition Appeal Court of South Africa (CACSA) on Friday gave the green light for JSE- and NYSE-listed Sibanye-Stillwater’s proposed takeover of LSE- and JSE-listed Lonmin, dismissing an appeal filed by the Association of Mineworkers and Construction Union. CACSA upheld the Competition... →
Rebranded Minerals Council reflects the promise of the future 
By: Nadine James 17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines – officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... →
Sibanye-Stillwater plans to resume dividend payments in 2020
By: Reuters 16th May 2019 Higher prices for industrial precious metals palladium and platinum have boosted earnings at Sibanye-Stillwater, enabling the miner to repay debt and plan to resume dividends next year, its chief executive Neal Froneman said. Sibanye, once the industry's highest dividend payer, last made a... →
Power Africa moves towards its goal of bringing more energy to the continent
By: Kim Cloete 16th May 2019 Power Africa, which was launched by former US President Barack Obama six years ago, is working towards its target of providing energy access to an additional 60-million new homes and businesses and adding 30 000 MW of cleaner, more efficient electricity generation capacity on the African... →
Australia’s St Barbara to buy Atlantic Gold for C$802m
By: Esmarie Iannucci 15th May 2019 Australian gold miner St Barbara has struck a C$802-million takeover deal of TSX-V-listed Atlantic Gold. St Barbara on Wednesday announced plans to acquire all of the outstanding shares in Atlantic for C$2.90 a share, implying an enterprise value of C$802-million. →
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