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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

Soaring Merafe goes into cashflow orbit, lifts dividend 151%

5th March 2018 Chrome and ferrochrome company Merafe delivered exceptional results for 2017, setting new production, revenue, earnings before interest tax depreciation and amortisation (Ebitda) and dividend records. Cashflow from operating activities rocketed 179% to R1 400-million, compared with R502-million... 

Implats harvests loss shafts, mulls more investment in profitable shafts

1st March 2018 The 40 000-employee Impala Platinum Mine in Rustenburg, which is 'harvesting' unprofitable shafts while studying additional investment opportunities in the many profit-making shafts within its well-endowed, long-life lease area, has set in motion a process to cut costs by R1-billion. Harvesting,... 

Implats performance up, six die

1st March 2018 The Implats group on Thursday delivered an improved performance at most operations for the half-year ended December 31, but regrettably mourns the loss of six employees through work-related incidents. Gross platinum in concentrate production for the group, headed by CEO Nico Muller, increased by... 

Resounding welcome for Gwede, who declines opportunity to comment

27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... 

Structural change needed to arrest mining's decline - analysts

26th February 2018 Structural change, with government and labour playing central roles, is needed to arrest the decline in South African mining, say Nedbank CIB mining analysts Leon Esterhuizen and Arnold van Graan. In comprehensive note, Esterhuizen and Van Graan describe South Africa's labour-intensive mining... 

Northam Platinum to create 6 500 new jobs in growth thrust

23rd February 2018 Platinum group metals (PGMs) mining company Northam, which is in a strong organic and acquisitive growth phase, will be generating 6 500 new mining jobs in the next four to five years, which dovetails with President Cyril Ramaphosa's 'sunrise' aspirations expressed in his well-received State of... 

On-The-Air (23/02/2018)

23rd February 2018 Sibanye made a vigorous call yesterday for government, labour and business to, once and for all, put a rapid end to the rising number of fatalities in South Africa's mines; South Africa was reaffirmed at the highest levels this week as a reborn investment destination; and Platinum companies are... 

Richards Bay Coal Terminal, port win top global excellence awards

23rd February 2018 South Africa's Richards Bay Coal Terminal (RBCT) and Richards Bay Port won global recognition at the Global Ports Forum awards ceremony in Dubai on Thursday. The winners of these prestigious international awards by the ten-year-old Singapore-launched Global Ports Forum are finalised by a judging... 

Froneman calls for collective action towards zero harm in fatality-plagued mining business

22nd February 2018 A strong call to action was made by Sibanye-Stillwater CEO Neal Froneman on Thursday for a common purpose towards zero harm in South Africa's mining industry, where rising fatality numbers are causing great concern. Froneman said a point had been reached where management on its own could not make... 

Volumes, dollar prices keep rand at bay for divi-hoisting Assore

21st February 2018 Improved volumes and better dollar prices proved sufficient for mining holding company Assore to keep rand strength at bay in posting strong headline earnings growth and a sharp interim dividend increase. The company's half-year results were highlighted by a 12% rise in headline earnings, a... 

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