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Jubilee signs processing agreement with Northam’s Eland Platinum

By: Simone Liedtke     18th April 2018 Jubilee Metals has executed an agreement with Eland Platinum, a wholly-owned subsidiary of Northam Platinum, for the processing of platinum-rich PlatCro material, post-chrome removal. Under the terms of the agreement, Jubilee will deliver 60 000 t/m of PlatCro material to Eland, starting in June. 

Another hydrogen boost for platinum fuel cells

By: Simone Liedtke     18th April 2018 The introduction of platinum-using fuel cells has received another boost with the latest success in hydrogen compression announced by Anglo American Platinum (Amplats) on Wednesday.   Last week, Amplats revealed plans for a fuel cell dozer, which makes use of hydrogen in liquid, to make a 2019... 

Jubilee sets new operational record

By: Simone Liedtke     17th April 2018 Jubilee Metals set a new operational record when it produced 1 858 oz of platinum-group metals (PGMs), in March, while its unit cost reached a low of $434/oz for the first quarter ended March 31. “I am very pleased with the continued operational improvements at our Hernic operations. I expect the... 

RBPlat lifts Q1 platinum production 13% y/y

By: Marleny Arnoldi     17th April 2018 JSE-listed Royal Bafokeng Platinum (RBPlat) achieved a 12.2% year-on-year increase in platinum, palladium, rhodium and gold (4E) platinum group metals production to 81 100 oz in the quarter ended March 31. Total tonnes delivered to concentrators increased by 1.9% to 735 000 t, with the Bafokeng... 

Moti Group is open to selling shares in Zimbabwe mine operation

By: Bloomberg     16th April 2018 The Moti Group will consider selling shares in its Zimbabwean chrome mining operations if the government pushes ahead with the proposal that has already met resistance from the country’s biggest platinum producer. Zimbabwean policymakers are debating a bill that will require mining companies to... 

Amur raises projected earnings forecast

By: Anine Kilian     16th April 2018 Aim-listed Amur Minerals has reported a 78% increase in projected earnings for its Russia-based nickel/copper sulphide Kun-Manie project. The company said on Monday that the projected earnings before interest, tax, depreciation and amortisation (Ebitda) had increased by 78.75% to $2.7-billion,... 

Flsmidth Offers Modular Rc® Plants On Low-Risk Terms

     16th April 2018 As the fines recovery gains achieved by REFLUX™ Classification (RC™) technology are extended to a wider range of commodities, FLSmidth is making mines an offer they can’t refuse: to share the value of expanded production – including retreatment of waste dumps – at no cost to themselves. The... 

On-The-Air (13/04/2018) 

By: Martin Creamer     13th April 2018 Good news for mining is that the Department of Mineral Resources is working on a long-term Vision 2030 for the mining industry that can do so much for the South African economy going forward. The Canadian company building the brand new platinum mine in Limpopo has appointed former President... 

Security drones taking off, but SA restrictions limit adoption

By: Dylan Slater     13th April 2018 Drones, otherwise known as remotely piloted aircraft systems, continue to gain a foothold in an increasing number of industries, with adoption rates in the safety and security industry growing worldwide. In fact, safety and security drone sales totalled $145-million in 2016, according to a market... 

Security drones taking off, but SA restrictions limit adoption

By: Dylan Slater     13th April 2018 Drones, otherwise known as remotely piloted aircraft systems, continue to gain footholds in an increasing number of industries, with adoption rates in safety and security industry growing worldwide. In fact, safety and security drone sales totalled $145-million in 2016, according to a market... 

Bakwena N1/N14 road maintenance and upgrade project, South Africa

By: Sheila Barradas     13th April 2018 Bakwena Platinum Corridor Concessionaire plans to upgrade 385 km of the N1/N4. 

South Africa mining production up 3.1% in February

By: Anine Kilian     12th April 2018 South Africa’s mining production increased by 3.1% year-on-year in February, bolstered by a strong contribution from diamonds and iron-ore, according to the latest figures published by Statistics South Africa (Stats SA) on Wednesday. The February production growth, which exceeded consensus... 

Police release identities of Limpopo mineworkers killed in petrol bomb attack

By: African News Agency      12th April 2018 Police forensics on Thursday released the names of the six mineworkers killed after a petrol bomb was set off inside the bus they were travelling in to Limpopo's Modikwa Platinum Mine near Burgersfort earlier this month. They are Moniccah Mabilo, 57, from Ga Mahlokwane village, Johannes Malepe,... 

PTM warns of liquidity constraints ahead of completion of stage two of Maseve transaction

By: Marleny Arnoldi     12th April 2018 Project developer Platinum Group Metals (PTM) has warned that its liquidity will be constrained until the second stage of the sale of its Maseve mine to Royal Bafokeng Platinum (RBPlat) is completed.  

S African foundry aims to expand footprint in North America 

By: Donald Makhafola     11th April 2018 The capacity of some aspects of the smelting industry in North America, such as the steel sector, has significantly deteriorated in the past 25 years, as a result of Chinese companies dominating the market and supplying cheaper products, says South Africa-based foundry and engineering company... 

Former South African President Kgalema Motlanthe joins Ivanhoe board

By: Henry Lazenby     10th April 2018 Former South African President Kgalema Motlanthe has joined the board of project developer Ivanhoe Mines with immediate effect, the company announced on Tuesday. In his new nonexecutive capacity, Motlanthe is expected to bring a “new dimension” to the company’s strategic evaluations, consensus... 

PGMs industry sees crisis, Mantashe sees new dawn

By: Marleny Arnoldi     10th April 2018 Mineral Resources Minister Gwede Mantashe on Tuesday described the mining industry as one that is in self-doubt, believing that it is about to die, where suspicion and mistrust is at a high level. “I fail to understand why platinum is in a crisis,” he said, adding that mining stakeholders need to... 

Palladium's slide from record high hits solid floor

By: Reuters     10th April 2018 Palladium's 20% fall from its January record high has put the metal in bear market territory, but strong chart support and tightness in the underlying market suggest it has hit a solid floor more than 40% above its ten-year average. Palladium, the most industrial of the major precious metals,... 

Tharisa delivers robust Q2 performance

By: Simone Liedtke     10th April 2018 Integrated resource group Tharisa delivered another robust performance in the second fiscal quarter ended March 31, with 1.3-million tonnes of material milled, resulting in production of 38 200 oz of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) platinum group metals (PGMs), at a... 

Mantashe to engage further on 'once empowered, always empowered' ruling

By: African News Agency      10th April 2018 South African Mineral Resources Minister Gwede Mantashe on Tuesday said that his department would be engaging further with the mining industry about the contested "once empowered, always empowered" ruling. Last week, the North Gauteng High Court granted a declaratory order on the "once empowered... 

JG Afrika successfully repairs the Groot Marico River Bridge to keep traffic moving

     10th April 2018 The swift action taken by JG Afrika on behalf of the Bakwena Platinum Corridor Concessionaire to repair the damaged Groot Marico River Bridge on the N1/N4 prevented further damage to the toll-road and provided road users with a more convenient alternative to a 36 km detour while repairs were... 

First phase of PTM’s Maseve sales transaction completed

By: Simone Liedtke     6th April 2018 TSX-listed Platinum Group Metals (PTM) has completed the sale of its Maseve concentrator plant, near Rustenburg, in South Africa’s North West province, as well as the sale of certain surface rights to Royal Bafokeng Platinum (RBPlat). PTM and RBPlat in November 2017 executed definitive agreements... 

Zimbabwe's biggest platinum miner says local listing won't work

By: Bloomberg     6th April 2018 Impala Platinum Holdings said Zimbabwe’s plan to compel mining companies to list the majority of their shares on the local exchange isn’t feasible and would impede operators’ ability to grow and invest in their assets. Lawmakers in the southern African nation are debating the measure as part of a... 

Zimbabwe wants mining companies to list on local exchange

By: Bloomberg     5th April 2018 Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world’s biggest platinum reserves after South Africa tries to bring in money to fix the economy. “No mining right or... 

Unpacking this week's headlines 

     4th April 2018 Bad news kicked off this week when six mineworkers from the Modikwa Platinum Mine in Limpopo were killed when the bus they were travelling in was set alight. The Australian government is investing A$50-million into drilling research. Martin Creamer noted that a sense of urgency is needed to... 

M&R Cementation employees return to work at Booysendal North mine

By: Marleny Arnoldi     4th April 2018 Employees of Murray & Roberts Cementation (MRC) returned to work at platinum group metals producer Northam Platinum’s Booysendal North mine, on the border of Limpopo and Mpumalanga, on Wednesday.  

Sub-Saharan African mining sector to continue facing illegal mining challenges, regulatory risks

By: Marleny Arnoldi     3rd April 2018 Widespread illegal mining activity and rising regulatory risks are two of the biggest challenges that will face the sub-Saharan Africa mining sector in the coming months, research and analysis firm BMI Research says.  

Post-Mugabe Zimbabwe mining rush leaves big producers behind

By: Bloomberg     3rd April 2018 While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach. New President Emmerson Mnangagwa has a lot to prove as he seeks to revive the economy and attract mining... 

Six mineworkers die after their bus is set alight

By: News24Wire      3rd April 2018 Six mineworkers died and 28 others were injured after the bus they were travelling in was set alight outside Driekop, in Limpopo, on Monday evening. "Two people who pretended to be mine workers, got onto the bus and set it alight. They then got out and fled," Limpopo police spokesperson Brigadier... 

Gold forges best run since 2011 as stars align for bullion bulls

By: Bloomberg     30th March 2018 Gold bulls are finding 2018 offers plenty of reasons to be cheerful. Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a boost with foreign-policy hawks in the ascendant in... 

Atlatsa headline loss widens

By: Anine Kilian     29th March 2018 JSE-and TSX-listed Atlatsa Resources’ headline loss a share widened to $0.16 for the year ended December 31, 2017, compared with a loss of $0.08 in the 2016 financial year. The company said in a statement on Thursday that revenue decreased by 28.4% year-on-year to $116.5-million, owing to a... 

UJ researchers discover promising anti-cancer drugs

By: African News Agency      28th March 2018 A new family of very promising silver-based anti-cancer drugs has been discovered by researchers in South Africa. Head of the Department of Biochemistry at the University of Johannesburg (UJ), Professor Marianne Cronjé, said on Wednesday that the most promising silver thiocyanate phosphine... 

Eastplats targets first revenue from tailings project in Q3

By: Marleny Arnoldi     28th March 2018 Vancouver-based Eastern Platinum (Eastplats) reported on Wednesday that the construction of its Barplats subsidiary’s tailings facility at the Crocodile River mine, in South Africa’s North-West, was progressing well and that it expected to generate its first revenue from the operation in the... 

North American Palladium makes PGM discovery at Sunday Lake

By: Henry Lazenby     27th March 2018 Winter exploration results from the Sunday Lake platinum-group metals (PGM) deposit, 25 km northeast of Thunder Bay, Ontario, has led to the discovery of new PGM mineralisation in the central part of the property, with extensions to the east, that open up a much larger area for exploration, North... 

Bushveld conditionally raises $22m

By: Simone Liedtke     26th March 2018 Aim-listed Bushveld Minerals has conditionally raised about $22.2-million, before expenses, by way of an oversubscribed placing of 152.75-million new ordinary shares at a price of 10.3p a share with leading institutional and mining investors. The placing shares will represent about 14.4% of the... 

Zimbabwe focuses on policy certainty to revive mining investment

By: Anine Kilian     26th March 2018 The Zimbabwean government is committed to ensuring mining policy certainty to win back investment and revive the industry, Mining and Mining Development Minister Winston Chitando said at an investor seminar in Johannesburg. Addressing delegates at the Harare Indaba, on Monday, he said that the... 

Shrinking platinum sector adds to Ramaphosa's economy challenge

By: Bloomberg     26th March 2018 “Ramaphoria” boosted the rand and revived investor sentiment on South Africa. But deep underground in the country’s platinum mines, there’s very little cause for optimism. Producers in South Africa, which accounts for about 70% of the world’s mined platinum, are closing shafts and cutting... 

Lonmin hands over New Marikana primary school to Basic Education dept

By: Marleny Arnoldi     23rd March 2018 Platinum group metals miner Lonmin on Friday handed the New Marikana primary school over to the North West Department of Education and Sport Development, in Rustenburg, and the Marikana community.  

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