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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

Froneman calls for collective action towards zero harm in fatality-plagued mining business

22nd February 2018 A strong call to action was made by Sibanye-Stillwater CEO Neal Froneman on Thursday for a common purpose towards zero harm in South Africa's mining industry, where rising fatality numbers are causing great concern. Froneman said a point had been reached where management on its own could not make... 

Volumes, dollar prices keep rand at bay for divi-hoisting Assore

21st February 2018 Improved volumes and better dollar prices proved sufficient for mining holding company Assore to keep rand strength at bay in posting strong headline earnings growth and a sharp interim dividend increase. The company's half-year results were highlighted by a 12% rise in headline earnings, a... 

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa

21st February 2018 Diversified mining and marketing company Glencore shot the lights out with a superlative set of 2017 results that coincided with a leap in its share price in Johannesburg, the reaffirmation of South Africa as an even more positive investment destination, and the mulling of a dividend "top up"... 

South Africa falls to small percentage of AngloGold output

20th February 2018 South African gold mines now represent around 13% of the AngloGold Ashanti portfolio, AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) said on Tuesday. The fall in the contribution from AngloGold's South Africa region mines follows the sale of Moab and Kopanang and the closure of the Tau... 

Mogalakwena gushes cash as Amplats modernises, studies growth, advances fuel cell

19th February 2018 The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine on the planet when it gushed cash and elevated a modernising, community supporting, environment protecting, growth studying and fuel-cell marketing Anglo American Platinum... 

Amplats restores dividend, productivity soars, six die

19th February 2018 Six employees died in a year in which Anglo American Platinum (Amplats) chalked up R2.4-billion in free cash flow generated from its operations, doubled return on capital employed to 18% and reintroduced a cash dividend for the first time in seven years. Productivity has soared by 58% since 2012... 

On-The-Air (16/02/2018)

16th February 2018 Gold Fields is spending R200-million a year on training at its big mechanised gold mine in Gauteng. Northam yesterday switched on R900-million worth of extra platinum power on in Limpopo. The strong rand is hitting underground gold mining very hard.  

Northam opens R900m platinum smelter expansion

15th February 2018 Platinum mining company Northam on Thursday officially opened a R900-million smelter expansion at its Zondereinde platinum mine in Limpopo province. The addition of a second furnace extends the JSE-listed company’s 30-year-old partnership with metals company Heraeus, which contributed €20-million... 

Gold Fields going all out to put South Deep gold mine into black

14th February 2018 Gold Fields is going all out to push Gauteng's uniquely mechanised deep-level South Deep gold mine into the black once and for all. The company is ploughing R200-million a year into training, which it believes will set South Africa on an exciting new successful course in the pioneering fields of... 

Gold Fields pays dividend on net loss, flat production, two fatalities

14th February 2018 Gold mining company Gold Fields on Wednesday announced a final dividend on a net loss and flat production, impacted by two fatalities. As per its trading statement released on February 8, headline earnings for 2017 were $194-million, or $0.24 a share, and net loss for the year was $35-million, or... 

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