https://www.engineeringnews.co.za
Africa|Business|Engineering|engineering news|Environment|Mining|Platinum|Safety|Services|Technology|Environmental
Africa|Business|Engineering|engineering news|Environment|Mining|Platinum|Safety|Services|Technology|Environmental
africa|business|engineering|engineering-news|environment|mining|platinum|safety|services|technology|environmental

On-The-Air (05/07/2024)

Martin Creamer talks about platinum, new mining technologies and SA's GNU.

5th July 2024

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Every Friday, SAfm’s radio anchor Sakina Kamwendo speaks to Martin Creamer, publishing editor of Engineering News & Mining Weekly. Reported here is this Friday’s At the Coalface transcript:

Kamwendo: South Africa’s platinum business is expected to receive a welcome boost next week’s major meeting in Shanghai.

Creamer: Next week is the Shanghai Platinum Week. China is the biggest consumer of platinum and South Africa is the biggest supplier of platinum. They are going to be at this event and a lot of people have got high hopes for it, because we can see China using platinum group metals to a much greater extent, in a far bigger range of applications. Many are hoping that a lot of major decisions will come out of this platinum week.

The programme there shows that green hydrogen will get a lot of focus, but so will jewellery and so will the idea of investing in platinum, because Chinese people have used platinum jewellery for a long time, but there are no platinum mines in China. So, to have this as an investment, they see as quite important having platinum in their country in the form of platinum bars, because this could always be used in a state of emergency. Many are holding thumbs that the demand for platinum will rise significantly, starting with the Shanghai Platinum Week, next week, from Monday to Thursday.

Kamwendo: A new mining technology is at an advanced stage of development to improve safety and uplift production.

Creamer: Mines are very conservative, they never want to go into new technology. They will tell you they have been doing things for decades, and that how they are doing things is well proven. So, generally, mines tend to continue to be new technology cautious, but when certain challenges arise, a new approach has to be made. In this case, narrow tabular ore bodies at the Bokoni platinum group metals mine and also the Modikwa mine, persuaded African Rainbow Minerals mining engineers to put their heads together and they have been studying a new approach for the last four years.

This was undertaken to make sure that optimum benefit can be obtained through new technology. Now, African Rainbow Minerals is on the brink of bringing in a technology to match the narrow dipping reef, reef boring technology, which will lift the grade, which will lift production, which will lower costs, which will increase safety and which will also improve environmental protection, because it will mean a very different approach is taken to the need for tailings dumps.

Kamwendo: South Africa’s new unity government was well received this week by an international mining investor.

Creamer: The international mining investor, Pallinghurst, has been involved in South Africa for decades, but also involved in North America in mining critical metals and minerals. In South Africa, Pallinghurst has mined platinum group metals. They said this week that all their investors are absolutely delighted with South Africa’s new government of national unity.

New growth plans are in place to further develop Sedibelo in North West province, where expansion plans are at an advanced stage. When developing new mines, an environment where the currency is strengthening, where the rand is strengthening, is always positive as expansion requires the importation of goods and services. So, when they noticed that, it gave them tremendous encouragement, and they are slowly proceeding, because they have got a lot of new technology to implement as well, which will be of tremendous benefit to South Africa's platinum group metals mining.

Kamwendo: Thanks very much. Martin Creamer is publishing editor of Engineering News & Mining Weekly.

Edited by Creamer Media Reporter

Comments

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.298 0.352s - 190pq - 2rq
Subscribe Now