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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

Pallinghurst turns $45m profit, upbeat on 2017, mulling options

29th March 2017 Diversified mining company Pallinghurst, which made $45-million profit in 2016, is upbeat on 2017. The Johannesburg Stock Exchange-listed company spoke of all three of its business platforms being well positioned for further growth and value-unlock. 

Randgold hoists dividend 900% in ten years

28th March 2017 Gold mining company Randgold Resources on Tuesday reaffirmed its intention to increase its final dividend for the year ended December 31, 2016. Since its first dividend in its 2006 financial year, the yearly dividends have increased by 900% over the ten-year period. 

South32 to return additional $500m to shareholders

27th March 2017 Diversified mining company South32 on Monday announced that it intends to return an additional $500-million to shareholders, equating to 4.5% of the group’s current market capitalisation. The Sydney-, London- and Johannesburg-listed company said in a media release that this dividend-complementing... 

On-The-Air (24/03/2017)

24th March 2017 With Anglo American now in danger of being canabalised, the South African economy needs a big new corporate champion to step into the breach; From now on, mining’s role as an economic transformation lever must be used to the full and A new online market place has been launched for the buying,... 

Sibanye’s Stillwater deal to come under April 25 spotlight

20th March 2017 The proposed acquisition by Sibanye of Stillwater Mining will come under the spotlight on April 25, when shareholders will be asked to consider resolutions to give effect to the transaction, with or without amendment. The Johannesburg- and New York Stock Exchange-listed Sibanye, headed by CEO... 

Vedanta already turning Anglo’s discarded zinc assets to account

17th March 2017 Diversified mining company Vedanta, which is being associated with the acquisition of 13% of the equity of Anglo American by Volcan Investments because of the link both these entities have with Indian billionaire Anil Agarwal, has done well with the South African assets it acquired from Anglo... 

On-The-Air (17/03/2017)

17th March 2017 Business leader Patrice Motsepe yesterday gave a stern warning to the mining industry to take mining communities extremely seriously; The State-owned IDC is supporting a new low-cost, low-energy technology that could be a massive cost saver for struggling platinum mines; and the Canadians this... 

Take community engagement seriously, ARM’s Motsepe advises

16th March 2017 The South African mining industry must take community engagement extremely seriously to prevent this country’s global competitiveness from being negatively impacted, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe urged on Thursday. Speaking at question time after ARM... 

Impairments drag ARM into narrowed loss

16th March 2017 Diversified mining company African Rainbow Minerals (ARM) on Thursday reported a narrowed basic earnings loss of R254-million in the six months to December 31. The loss resulted mainly from attributable impairments of the Nkomati nickel and Modikwa platinum mines totalling R1.4-billion after tax... 

IDC supporting entry of superior platinum processing route – Malinga

15th March 2017 A bankable feasibility study has been completed on a new platinum processing method that slashes electricity consumption by eliminating the power-guzzling smelting step in the processing of platinum-group metals (PGMs), Industrial Development Corporation (IDC) divisional executive: mining and... 

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