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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

Sishen productivity leaps by spectacular 57% – Kumba

25th July 2017 With 30% fewer trucks, the fleet productivity at the Sishen iron-ore mine in the Northern Cape has leapt by an extraordinary 57%, Kumba Iron Ore CEO Themba Mkhwanazi said on Tuesday, when the company reported a 23% increase in production in the six months to June 30. The contribution of... 

Kumba CEO Mkhwanazi concerned by Minister’s reneging

25th July 2017 Kumba Iron Ore CEO Themba Mkhwanazi on Tuesday expressed concern about the mineral rights and mining transaction moratorium that has been gazetted by Mineral Resources Minister Mosebenzi Zwane, especially because it followed his agreement to suspend the implementation of Mining Charter Three... 

Mandla Gantsho to replace Fani Titi as Kumba chair

25th July 2017 Kumba Iron Ore chairperson Fani Titi is to step down from the board of the Johannesburg Stock Exchange-listed mining company from September 30 and will be replaced by Dr Mandla Gantsho, who has been appointed as chairperson designate. Gantsho will join the board on August 1 and will succeed Titi... 

Kumba lifts iron-ore output 23%, reinstates dividend, shares rise

25th July 2017 Iron-ore mining company Kumba Iron Ore on Tuesday reported a 23% increase in production in the six months to June 30 on the back of a productivity step change linked to the revised Sishen mine plan. The Anglo American subsidiary achieved a fatality-free half year and reduced lost-time injuries in... 

Fuel cell vehicle sales boosting platinum demand outlook

24th July 2017 Growth potential for platinum is emerging in the rapid build-up off a low base of fuel cell electric vehicle sales. Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030. 

Amplats strengthens balance sheet, continues to manage for low prices

24th July 2017 Platinum mining company Anglo American Platinum (Amplats) reported on Monday that it has been able to further strengthen its balance sheet in the six months to June 30, despite the weaker rand basket prices in the period. In generating R4.3-billion in underlying operating cash flow, Amplats was... 

Botswana invites bids for coal-to-liquids project

24th July 2017 The Botswana government is seeking prospective bidders for the establishment of a coal-to-liquids plant in the Southern African county, with support from its State-owned oil company, Botswana Oil. Botswana Oil, which manages State-owned strategic fuel reserve facilities, says in a... 

Moratorium infers intention to circumvent agreement – Leon

21st July 2017 The mineral rights moratorium gazette notice of Mineral Resources Minister Mosebenzi Zwane infers an intention to circumvent the underlying purpose of the agreement reached with the Chamber of Mines, Herbert Smith Freehills’ Africa partner and co-chair, Peter Leon, said on Friday. In particular,... 

On-The-Air (21/07/2017)

21st July 2017 World Bank warns of a potential shortage of South African metals that are needed to fight climate change; the small country of Luxembourg has passed a space mining law that allows its citizens to mine metals beyond the earth’s atmosphere; and South African mining investors are pressing ahead with... 

Work starts on R1.7bn fluorspar mine

21st July 2017 Work has begun on the building of an opencast fluorspar mine and concentrator at Rust de Winter, 80 km northeast of Pretoria, Nokeng Fluorspar Mine announced on Monday. The wholly owned subsidiary of SepFluor said that the R1.7-billion finance for the 21-month project had been raised through a... 

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