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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

Ndlovu to head Anglo coal

26th July 2016 Anglo American Platinum (Amplats) operational processing executive head July Ndlovu has been appointed CEO of Anglo American’s coal business in South Africa. This follows the appointment of Themba Mkhwanazi as CEO of Kumba Iron Ore, following Norman Mbazima’s decision to step down after four... 

Kumba generates cash in tough half-year

26th July 2016 Anglo American company Kumba Iron Ore on Tuesday reported headline earnings a share of R3-billion in the six months to June 30, when its financial performance was supported by strong cash generation. The company, which will from September 1 be led by new CEO Themba Mkhwanazi, following Norman... 

Kumba Iron Ore changes guard

26th July 2016 Anglo American company Kumba Iron Ore on Tuesday announced the appointment of Themba Mkhwanazi as CEO with effect from September 1, following Norman Mbazima’s decision to step down after four years to focus on his role as deputy chairperson of Anglo American South Africa. Mbazima will remain a... 

Fuel cell thrust continuing – Anglo American Platinum

25th July 2016 The momentum around fuel cell vehicles as one of the zero-emission technologies of the future is continuing to build as shown by launches and proposed launches of commercially available fuel cell electric vehicles by major car manufacturers. Pictures of fuel cell electric vehicles bearing... 

Chamber disputes veracity of Unctad underinvoicing claim

25th July 2016 The Chamber of Mines of South Africa (CoM) on Monday noted with concern the report published by the United Nations Conference on Trade and Development (Unctad) in which it was asserted that South Africa’s commodity exports were being underinvoiced. Prominent international news media have carried... 

Anglo American Platinum generates strong free cash flow, cuts debt

25th July 2016 Anglo American Platinum (Amplats) on Monday reported generating R3.2-billion free cash flow in the six months ended June 30, and cutting debt by R2.9-billion, despite the lower price environment. The leading platinum producer’s sales revenue increased by 3% to R30.7-billion, its earnings before... 

World heading for shortage of physical gold – DRDGold

25th July 2016 Confidence in the world order and the ability of governments to manipulate the value of fiat currency is seen to be diminishing, as is confidence in governments as credible sources of capital. What the world does in such circumstances is buy gold but there may not be enough gold to buy because of... 

On-The-Air (22/07/2016)

22nd July 2016 Turning Joburg’s mine dump sand into gold is adding R14-billion to the South African economy a year; The new Taxation Laws Amendment Bill has muddied the waters just as hopes of tax reform were beginning to rise; and A new ruling shows that the courts won’t easily endorse the new Mining Charter’s... 

Soaring DRDGold adds R14bn a year to economy as it turns waste to gold

21st July 2016 By taking material that has been dumped as waste and turning it into gold, DRDGold is adding R14-billion worth of value a year to the South African economy and unlocking scarce real estate for gainful development, a visiting media contingent heard on Thursday. “[That is] R14-billion rands worth... 

Anglo ups South African export coal output as diamond, iron-ore volumes fall

20th July 2016 Diversified mining company Anglo American upped South African export coal production in the three months to June 30, which saw local diamond and iron-ore output fall appreciably. While Eskom-related production remained broadly unchanged in the second quarter, export coal production rose 8% to... 

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