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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

 
Aug 21, 2014
State enterprises Transnet and Eskom have come to the party for black-controlled Exxaro Resources in the half-year to June 30. More coal trains from State rail company Transnet to the Waterberg coalfield and a coal supply settlement with State power utility Eskom at...
Aug 21, 2014
The headline earnings per share (HEPS) of the black-controlled diversified mining company Exxaro Resources increased 11% in the six months to June 30, for which it has declared an 11% higher interim dividend. The JSE-listed company, headed by CEO Sipho Nkosi, upped...
Aug 20, 2014
Upbeat diversified miner and marketer Glencore, which declared an 11% higher dividend for the six months to June 30 on the back of above-consensus half-year results, has put a $1-billion share buy-back programme under starter’s orders, which has evinced mining...
Aug 19, 2014
The world’s largest diversified mining company has created sweeteners for South Africa as it demerges and sets out to create a new global metals company that will have a third of its value made up of Southern African aluminium, manganese and energy coal assets....
Aug 18, 2014
London-listed Petra Diamonds on Monday announced a scope change at its Finsch diamond mine in the Northern Cape, which brings forward by three years higher levels of undiluted production from a sub-level cave project. Petra CEO Johan Dippenaar and FD David Abery,...
Aug 15, 2014
Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement. Aluminium and manganese have been excluded by implication in BHP Billison's selection of iron-ore, copper, coal – with coking coal the likely...
Aug 14, 2014
The Association of Mineworkers and Construction Union (AMCU) is knocking on the recognition door at Northam Platinum’s Zondereinde mine, which escaped the five-month platinum strike, the longest in South Africa’s history. New Northam Platinum CEO Paul Dunne said...
Aug 14, 2014
The earnings of the JSE-listed Northam Platinum nosedived 98.2% in the 12 months to June 30 when the company’s increased borrowings drove up financing costs. A marginal profit of R19.6-million was realised and earnings per share collapsed to 2.4c compared with 132c...
Aug 14, 2014
An Operation Phakisa (Hurry Up) for the mining sector, aimed at realising its full gross domestic product (GDP) potential, was on the way in consultation with all the key stakeholders, including the Chamber of Mines and organised labour, Minister in the Presidency...
Aug 13, 2014
During the five-month platinum strike, the worst in South Africa’s history, the vast majority of Anglo American Platinum (Amplats) employees – some 60% to 70% of them – wanted to return to work but feared that they would be killed if they did so, Anglo American...
 
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