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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

One-size-fits-all legislation ill-conceived – Swanepoel

5th June 2018 To have one-size-fits-all mining legislation is ill-conceived, mining luminary Bernard Swanepoel said on Tuesday in his opening address to the Junior Indaba. Swanepoel pointed out that Canada and Australia were benefiting from a disproportionate slice of global exploration investment because they... 

On-The-Air (01/06/2018)

1st June 2018 Former Energy Director-General Nelisiwe Magubane this week called for clean coal technology to be introduced to stave off litigation; Vigorous new investment in junior mining is scheduled to begin in the third quarter of this year and The positive role platinum can play to clean the world’s air... 

Sibanye-Stillwater shares rise on deleveraging plan

31st May 2018 The share price of Sibanye-Stillwater rose on Thursday on the news of a deleveraging plan that explicitly excludes debt and equity raising. Prospective deleveraging options include a streaming arrangement to raise $500-million and a process inventory financial arrangement to raise a further... 

Coal industry should ensure that it does not lower air quality to avoid silicosis repeat

30th May 2018 South Africa’s coal industry should ensure that it does not lower air quality to avoid ending up in the same litigious space as the gold mining sector with silicosis. Earlier this month, a class action settlement was reached with thousands of mineworkers suffering from silicosis and/or... 

Capital deployment into junior mining set for Q3 start – Aluwani

29th May 2018 The first close of capital acceptance is in sight for the new junior mining fund launched earlier this year by Aluwani Capital Partners, the independent black-owned investment management business that aims to make a lasting impact in South Africa and the rest of the African continent. Capital... 

On-The-Air (25/05/2018)

25th May 2018 128 years of branding came crashing down this week when the name Chamber of Mines was trashed and replaced with Minerals Council South Africa. With all the talk about new emerging farmers coming on to the land in the future, South Africa needs to step up its mining of phosphates. Certification is... 

Northam ups funding capacity as stockpile monetisation ensues

24th May 2018 Platinum mining company Northam has increased its funding capacity to tide it over a capital intensive development period. A new R1-billion two-year unsecured revolving credit facility to April 2020 is augmenting a previous R2-billion unsecured revolving credit facility to November 2021, taking... 

Gamsberg producing by mid-year – Vedanta

23rd May 2018 The Gamsberg zinc project in South Africa’s Northern Cape is on track with production expected by the middle of this year, the London-listed, India-rooted Vedanta Resources said on Wednesday, when it reported higher revenue and profits and lifted its dividend yield for the year to 6%. Current... 

Harmony poised to hit 1.5m oz target – CEO

22nd May 2018 Gold mining company Harmony Gold is well on track to hit its target of 1.5-million ounces of gold a year. The two big steps needed to ensure this – the acquisition and recapitalisation of the Hidden Valley gold mine in Papua New Guinea (PNG), and the acquisition of the Moab Khotsong in South... 

Kropz clinches offtake from phosphates project

21st May 2018 Plant nutrient minerals development company Kropz, which is developing the Elandfontein phosphates mining and processing project in the Western Cape, has secured several offtake agreements ahead of production. The cornerstone offtake agreement, for about a third of its production at market prices... 

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