R/€ = 14.21Change: -0.07
R/$ = 11.04Change: -0.13
Au 1223.35 $/ozChange: -12.77
Pt 1351.00 $/ozChange: -11.00
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Martin Creamer

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

Tel: +2711 622 3744


Sep 17, 2014
Global 2013 rough diamond carat production was still well below the 2005 peak of 175-million carats, at a time when global diamond jewellery demand had reached record highs, De Beers said on Wednesday. Releasing its inaugural Diamond Insight Report, which...
Sep 16, 2014
State electricity utility Eskom is passing its power-interruption pressures on to midtier gold producers like Pan African Resources, which lost 11 days to both planned and unplanned Eskom power outages in the 12 months to June 30. “Eskom is under pressure and it’s...
Sep 16, 2014
The headline earnings a share of London Aim- andJSE-listed gold-mining company Pan African Resources fell on lower grade-hit gold earnings but platinum generated profitable cash for the first time.
Sep 16, 2014
A number of platinum opportunities had been pursued and several abandoned as they did not meet the required investment criteria, Sibanye Gold CEO Neal Froneman said on Tuesday. Froneman told the Denver Gold Show in the US that entry into the platinum industry did...
Sep 15, 2014
The shares of gold major AngloGold Ashanti rose more than 5% in less than an hour on Monday after the company announced the withdrawal of its five-day-old proposal to demerge 35% of its international assets and raise $2.1-billion in equity capital and was considering...
Sep 12, 2014
Studies are under way for the possible building of big new mechanised platinum mine on the Limpopo/Mpumalanga border
Sep 12, 2014
South African mining must mechanise to become more productive, says new Witwatersrand University Centre for Mechanised Mining Systems (CMMS) director Dr Declan Vogt, who adds that research has a crucial role to play in helping the industry to become more competitive....
Sep 11, 2014
Tenders are expected to be invited next week for the bulk sampling programme that forms part of a study into the economic feasibility of mining the Merensky reef as part of a potential future expansion drive at Northam Platinum’s new Booysendal mine, where only upper...
Sep 11, 2014
The restructured and recapitalised AngloGold Ashanti would be able to deliver more bang for the buck as the South African operations morphed from six to three and the international assets were cut loose to strut their own stuff, an upbeat CEO Srinivasan...
Sep 10, 2014
Johannesburg- and New York-listed gold-mining major AngloGold Ashanti on Wednesday sprung a restructuring surprise with the spinoff of a separate Newco that will be listed in London, along with corporate restructuring and the raising of additional $2.1-billion...
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