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Unions call for full investigation into explosion at Rheinmetall Denel Munition plant

By: Rebecca Campbell     4th September 2018 Rheinmetall Denel Munition (RDM) has confirmed that the fatal explosion which rocked its Somerset West plant, in the Western Cape, on Monday took place in the propellant operations building. “During operations an explosion occurred and destroyed the entire building and the immediate surrounding... 

Reflecting on sugar customs duty increase

By: Riaan de Lange     31st August 2018 So, will the increase in the variable formula tariff (VFT) on sugar – or the 'honey without bees', as Alexander the Great called it – mitigate the harshness of international trade or be the saccharine protection that the Southern African Customs Union (Sacu) producers desire it to be? Growing up... 

African cacao-producing country starts making top-quality chocolate

By: Rebecca Campbell     24th August 2018 Cooperation between a South African and a British business has resulted in the establishment of the first ever chocolate factory in the West African island state of São Tomé e Príncipe. The enterprises are HBD Venture Capital (HBD standing for “Here Be Dragons”), an enterprise of South African... 

Yamana’s Cerro Moro reaches commercial milestone

By: Mariaan Webb     26th June 2018 Canadian precious metals miner Yamana Gold has declared commercial production at its Cerro Moro gold and silver mine in Santa Cruz, Argentina. The mine poured its first gold and silver doré in May and subsequently ramped up to commercial production.  

Ongoing fuel cell developments kindle hope for platinum demand 

By: Martin Creamer     26th June 2018 Ongoing hydrogen fuel cell developments across the globe are kindling hope for an eventual significant increase in platinum demand. This month alone, Hyundai Auto Canada took part in the official opening of Canada's first retail hydrogen fuelling station operated by Shell and Hydrogen Technology... 

Gamsberg producing by mid-year – Vedanta

By: Martin Creamer     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... 

South African output rises as AngloGold delivers at lower cost

By: Martin Creamer     8th May 2018 The smaller South African footprint of gold-mining company AngloGold Ashanti, consisting of one underground mine and one tailings treatment operation on surface, delivered impressive first-quarter results with rising production and reduced rand-denominated costs. Production rocketed 29% at... 

Feasibility into zinc smelting, refining in Northern Cape

By: Martin Creamer     2nd May 2018 A feasibility study into the development and construction of a zinc smelter-refinery complex in the Northern Cape is under way, London-listed India-based Vedanta subsidiary Vedanta Zinc International (VZI) said on Wednesday. This is the latest step in the unfolding of what is envisaged as a major... 

eCobalt preconstruction activity ramps up

By: Henry Lazenby     23rd April 2018 Preconstruction activities for eCobalt Solutions’ Idaho Cobalt Project (ICP) are ramping up with components for the water treatment plant starting to arrive on site, the company reported on Monday. The Vancouver-headquartered company has awarded contracts for the water treatment plant’s... 

In-principle agreement reached on some changes to Mining Charter 3 – Solidarity

By: Anine Kilian     19th March 2018 In-principle agreements have already been reached regarding certain changes to the third iteration of the Mining Charter, or Mining Charter 3, during negotiations held over the weekend, says trade union Solidarity. Mineral Resources Minister Gwede Mantashe and his deputy Godfrey Oliphant met with... 

Inside Metrorail’s cable theft and commuter crisis

By: News24Wire      22nd February 2018 Brazen thieves, who have effectively brought a critical rail route in Cape Town to a standstill for nearly six weeks, leaving thousands of commuters in the lurch, have become the focus of intense and unprecedented operations to squeeze out criminals who target beleaguered Metrorail's... 

Australia Parliament debates junior exploration tax incentive

By: Creamer Media Reporter      13th February 2018 The legislative debate in the federal Parliament to implement the Junior Minerals Exploration Tax Incentive (JMEI) is to resume on Tuesday evening, potentially bringing the incentive one step closer to implementation. Association of Mining and Exploration Companies (AMEC) CEO Warren Pearce said... 

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

Tharisa entering multi-project PGM-chrome growth phase

By: Martin Creamer     31st January 2018 Platinum group metals (PGMs) and chrome co-producer Tharisa Minerals, which predicts that a global chrome ore deficit is on the horizon, has published details of its strategic Vision 2020 growth thrust. “Tharisa is entering an exciting growth phase,” CEO Phoevos Pouroulis said in the release to... 

Botswana Diamonds to undertake further geological work at Limpopo project

By: Simone Liedtke     25th January 2018 Further geological work will be conducted at diamond exploration and project development company Botswana Diamonds’ Thorny River project, in Limpopo, to further refine grade and revenue estimates and extend volume estimates.  

Brown hints Transnet board could be 'rotated'

By: African News Agency      23rd January 2018 Public Enterprises Minister Lynne Brown on Tuesday suggested board members of Transnet, South Africa's State-owned freight and logistics company, could be "rotated" should they not guard the integrity of the entity. Brown was speaking in a meeting of Parliament's standing committee on public... 

Top UK group, varsity unveil radical flight control technology demonstrator UAV

By: Rebecca Campbell     19th January 2018 British aerospace, defence, security and shipbuilding group BAE Systems and the University of Manchester unveiled their joint Magma experimental jet-powered unmanned aerial vehicle (UAV) programme in the middle of last month. They announced that the Magma had successfully completed its first... 

Lithium at depth in Namibia – Montero 

By: Martin Creamer     10th January 2018 Significant concentrations of lithium mineralisation have been established in Namibia, where Montero Mining and Exploration has completed assaying historical drilling results.  The Toronto Venture Exchange-listed company announced on Wednesday that lithium-bearing mineralisation, found to be... 

UK group and top university unveil radical flight control technology demonstrator UAV

By: Rebecca Campbell     14th December 2017 British aerospace, defence, security and shipbuilding group BAE Systems and the University of Manchester unveiled on Wednesday their joint Magma experimental jet-powered unmanned aerial vehicle (UAV) programme. They announced that the Magma had successfully completed its first phase of flight... 

Côte d'Ivoire govt urged to work with mining industry to unlock economic potential

By: Anine Kilian     23rd October 2017 Côte d'Ivoire’s government must work closely with the mining industry in a committed, long-term partnership to develop the industry, says Randgold Resources CEO Mark Bristow. In a media release issued on Sunday, he noted that the country was highly prospective and had one of Africa’s most... 

S Africa’s PUI increases in Q3 2017

By: Sane Dhlamini     12th October 2017 South Africa’s Policy Uncertainty Index (PUI) rose from 53.1 in the second quarter of 2017, to 53.6 in the third quarter of 2017, revealed North-West University School of Economics professors Raymond Parsons and Waldo Krugell. They delivered the results for the third quarter of 2017 in... 

Exxaro, NUM wage agreement halts strike

By: Martin Creamer     22nd September 2017 Coal mining company Exxaro Coal and the National Union of Mineworkers (NUM) have reached a three-year wage agreement, which brings the current wage strike at its Grootegeluk and Leeuwpan mines to a conclusion.  “We are pleased that the parties were able to resolve the dispute speedily,” Exxaro... 

AngloGold announces potential disposal of lossmaking Kopanang

By: Martin Creamer     15th September 2017 A memorandum of understanding (MoU) has been signed with a selected party which could result in a sale agreement involving the disposal of the 36-year-old, lossmaking Kopanang gold mine. AngloGold Ashanti said in a media release to Creamer Media’s Mining Weekly Online on Friday that unsolicited... 

Expensive mine dump vegetation going up in flames – DRDGold 

By: Martin Creamer     5th September 2017 Surface mining company DRDGold, which has spent more money on vegetating tailings dams in the last ten years than it has paid dividends to shareholders, is seeing its dump vegetation effort going up in smoke at the same time as it comes under criticism from a leading nongovernmental organisation... 

Huge interest in tenders to supply Cape Town with more water

By: Kim Cloete     31st August 2017 Companies have expressed a resounding interest in the City of Cape Town’s call to boost its dwindling water supply. In a media release published Thursday, the City of Cape Town noted that tender specifications for procuring and commissioning various water augmentation schemes have been downloaded... 

It’s not about improving

By: Riaan de Lange     4th August 2017 'Out of the mouths of babes' is a well-known phrase in the Bible that implies that there is truth and wisdom in the comments and observations of children, who are honest and innocent. I am on the bus with my young son, having just collected him from summer camp. We are travelling through... 

By failing to plan, we are planning to fail

By: Riaan de Lange     21st July 2017 South Africa is stuck in economic and political rut, and “there is no two ways about it" and "there can be no doubt about that”, as one of my bosses of many years past was famed for saying. South Africa is in a rut; a rut of multiple levels. According to https://www.psychologytoday.com, citing... 

AngloGold to restructure South African mines to ensure viability

By: Martin Creamer     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... 

You must be choking all over again

By: Riaan de Lange     23rd June 2017 It is a balmy London Sunday afternoon. It is June 11. It is Groundhog Day. Well, for me it is. Just a few hours ago, an unwelcome event recurred. You might even say that it was “It's deja vu all over again”, to quote Yogi Berra. Yes, Yogi Berra, and not Yogi Bear. (Yogi Berra was an American... 

Braaivleis, rugby, sunny skies, but no Chevrolet

By: Riaan de Lange     2nd June 2017 “South Africa, what is your favourite meal? Braaivleis! Sport? Rugby! Weather? Sunshine! And what’s your greatest car, South Africa? Chevrolet. Let’s see: it’s braaivleis, rugby, sunny skies and Chevrolet, uhh? Well, you sure sound like South Africa to me . . .” Well, maybe not quite so much... 

Wealth taxation in the spotlight

By: Riaan de Lange     12th May 2017 Have you read it yet? All 700-page, that is. Well, if you have not, acquired a copy, for the book is multipurpose. It has, for instance, been described as “a doorstop in punishing, heavy hardcover”. The book in question was an Amazon number one bestseller and also selling out in major bookstores... 

Be positive! - axed Tourism Minister Derek Hanekom

By: News24Wire      31st March 2017 South Africans must remain positive following the mass Cabinet reshuffle by President Jacob Zuma, outgoing Tourism Minister Derek Hanekom said on Friday. He took to Twitter on Thursday evening to thank people for their support. 

South32 to return additional $500m to shareholders

By: Martin Creamer     27th March 2017 Diversified mining company South32 on Monday announced that it intends to return an additional $500-million to shareholders, equating to 4.5% of the group’s current market capitalisation. The Sydney-, London- and Johannesburg-listed company said in a media release that this dividend-complementing... 

DRC group responds to Global Witness on royalties issue

By: Martin Creamer     6th March 2017 Democratic Republic of Congo (DRC) group Fleurette has responded to criticism directed at it on the Kamoto Copper Company (KCC) royalties issue. The issue in question centres on the sale by DRC State mining company Gecamines of royalties from Katanga’s KCC project to a Fleurette-owned entity. 

New minerals head appointment sets cat among mining pigeons 

By: Martin Creamer     2nd March 2017 The Chamber of Mines said on Thursday that it had been caught by surprise by the appointment of the new director-general of the Department of Mineral Resources (DMR). While the chamber acknowledged that the appointment of the director-general was the prerogative of the Minister, it believed that... 

Pan African CEO accuses union of ‘blatantly false’ safety statements 

By: Martin Creamer     22nd February 2017 The CEO of the London Aim- and Johannesburg-listed precious metals and coal mining company Pan African Resources on Wednesday accused the National Union of Mineworkers (NUM) of making statements that were “blatantly false” on safety practice at the Evander gold mine in Mpumalanga. “I will not say... 

Glencore’s DRC copper top-up wins analyst cheer

By: Martin Creamer     14th February 2017 Diversified mining and marketing company Glencore has bought the remaining 31% stake in Mutanda Mining for $922-million and a further 10.25% stake in Katanga Mining for $38-million from Dan Gertler’s Fleurette Group, the company’s joint venture partner. The all-cash transaction will result in... 

Those who cannot do . . . talk

By: Riaan de Lange     10th February 2017 You may well be acquainted with the adage 'He who can, does; he who cannot, teaches' from George Bernard Shaw’s 1903 play, Man and Superman, Maxims for Revolutionists: Education. But it no longer holds true for South Africa for several reasons, the most prominent being that I do not know of... 

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