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Martin Creamer

Martin Creamer

Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

On-The-Air (30/06/2017)

30th June 2017 Manganese mining company Ntsimbintle, headed by struggle veteran Saki Macozoma, is having huge success in the Northern Cape; The 100%-black-owned Modi Mining has won a R158-million contract from Australian mining company South32; and Yet another black-controlled mining junior – the Johannesburg... 

Grassroots shareholders celebrate black-controlled manganese mine’s R300m dividend

29th June 2017 Against the background of rising calls for radical economic transformation in South Africa’s mining sector, particularly transformation that benefits the country’s communities, grassroots shareholders of the black-controlled Ntsimbintle were last week able to celebrate the Northern Cape manganese... 

Court bid to halt coal project fails

28th June 2017 An urgent Pretoria High Court bid to stop Atha-Africa Ventures from proceeding with the development of the Yzermyn coal mining project in Mpumalanga has failed, with the matter removed from the urgent roll and each party made to pay own costs. The court found that the allegations of the eight... 

AngloGold to restructure South African mines to ensure viability

28th June 2017 Gold mining company AngloGold Ashanti has begun consulting with employees on placing the 59-year-old Savuka mine and the 36-year-old Kopanang mine on care and maintenance, and evaluating the integration of the 60-year-old TauTona mine into the neighbouring Mponeng mine, which is being set up as a... 

Black junior Wescoal set to soar

28th June 2017 Stripping out Wescoal’s once-off nonrecurring costs paints a pretty picture of the performance of this black-controlled coal-mining and coal-marketing junior, which has declared a dividend payout of R22-million compared with R10-million last year The once-off costs of R90-million arose from the... 

Greenhouse tightening as govt imposes Paris agreement – Exxaro

26th June 2017 The legislative changes around emission of greenhouse gases is becoming more onerous as the South African government implements the Paris Agreement, diversified black-owned resources group Exxaro said on Monday, when the coal-mining major announced that “good progress” had been made finalising... 

Mining Charter violates shareholder rights – Hogan Lovells

23rd June 2017 Mining Charter Three’s arbitrary increase of empowerment shareholding to 30% violates the property rights of shareholders, and the new charter’s requirement to pay 1% of yearly turnover is not expected to survive challenges under the Companies Act and the Constitution. Property rights under the... 

On-The-Air (23/06/2017)

23rd June 2017 Botswana is going all out to attract the global mining investors that South Africa’s controversial new Mining Charter is frightening away; South Africa’s contentious new Mining Charter has opened the way for Brazil to make its debut into platinum mining; and South Africa’s new Mining Charter is... 

Implats general meeting to vote on new share issue

22nd June 2017 Platinum mining and marketing company Impala Platinum (Implats) on Thursday announced details of an annual general meeting to approve the issuing of 175-million new shares. The Johannesburg Stock Exchange-listed company said shareholders would be convened on July 24 to vote on resolutions... 

South32 awards R158m coal contract to 100% black-owned mining firm

22nd June 2017 Diversified mining company South32 has awarded a three-year, R158-million contract at the Wolvekrans Middelburg Complex to 100% black-owned Modi Mining, which aims to source up to 90% of its labour from the nearby communities. The award marks an advance on the ASX- and JSE-listed company’s plans... 

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